Financials Wuhan Fingu Electronic Technology Co., Ltd.

Equities

002194

CNE1000008H8

Communications & Networking

End-of-day quote Shenzhen S.E. 03:30:00 10/05/2024 am IST 5-day change 1st Jan Change
8.83 CNY -2.54% Intraday chart for Wuhan Fingu Electronic Technology Co., Ltd. -4.13% -10.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,580 10,804 9,990 7,328 6,236 6,737
Enterprise Value (EV) 1 2,873 9,720 8,782 5,893 4,702 5,235
P/E ratio 19.2 x 41.2 x 52.1 x 32.3 x 22.7 x 80 x
Yield 0.79% 0.26% 1.01% 0.46% 3.26% 1.22%
Capitalization / Revenue 3 x 6.31 x 6.7 x 3.99 x 3.01 x 4.24 x
EV / Revenue 2.4 x 5.67 x 5.89 x 3.21 x 2.27 x 3.3 x
EV / EBITDA 134 x 29.6 x 37 x 22.5 x 16.6 x 37.7 x
EV / FCF -14.1 x 20.6 x 183 x 32.8 x 365 x 223 x
FCF Yield -7.12% 4.84% 0.55% 3.04% 0.27% 0.45%
Price to Book 2.17 x 5.71 x 4.73 x 3.16 x 2.32 x 2.6 x
Nbr of stocks (in thousands) 6,77,604 6,70,016 6,70,016 6,75,986 6,77,121 6,83,286
Reference price 2 5.283 16.12 14.91 10.84 9.210 9.860
Announcement Date 02/04/19 28/04/20 26/04/21 29/03/22 30/03/23 29/03/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,195 1,713 1,492 1,838 2,073 1,588
EBITDA 1 21.45 328.3 237.2 262.3 283.4 138.8
EBIT 1 -66.92 245.5 172.7 205.4 218.3 57.19
Operating Margin -5.6% 14.33% 11.58% 11.18% 10.53% 3.6%
Earnings before Tax (EBT) 1 193.5 268.4 193 236.8 275.3 105
Net income 1 188.8 260.3 192 227.7 276.3 84.15
Net margin 15.8% 15.19% 12.87% 12.39% 13.33% 5.3%
EPS 2 0.2750 0.3917 0.2860 0.3356 0.4066 0.1233
Free Cash Flow 1 -204.4 470.9 48.09 179.4 12.87 23.46
FCF margin -17.1% 27.48% 3.22% 9.76% 0.62% 1.48%
FCF Conversion (EBITDA) - 143.44% 20.28% 68.39% 4.54% 16.9%
FCF Conversion (Net income) - 180.88% 25.04% 78.77% 4.66% 27.88%
Dividend per Share 2 0.0417 0.0417 0.1500 0.0500 0.3000 0.1200
Announcement Date 02/04/19 28/04/20 26/04/21 29/03/22 30/03/23 29/03/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 707 1,084 1,208 1,435 1,534 1,503
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -204 471 48.1 179 12.9 23.5
ROE (net income / shareholders' equity) 12.1% 14.8% 9.55% 10.2% 11% 3.18%
ROA (Net income/ Total Assets) -2.03% 6.79% 4.23% 4.54% 4.24% 1.09%
Assets 1 -9,290 3,836 4,537 5,020 6,515 7,686
Book Value Per Share 2 2.440 2.820 3.150 3.430 3.960 3.790
Cash Flow per Share 2 1.060 0.9800 1.790 2.130 2.260 2.220
Capex 1 64.4 71.6 62.3 63.7 156 161
Capex / Sales 5.39% 4.18% 4.18% 3.46% 7.51% 10.14%
Announcement Date 02/04/19 28/04/20 26/04/21 29/03/22 30/03/23 29/03/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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