YEALINK NETWORK TECHNOLOGY CO., LTD. Financials Yealink Network Technology Co., Ltd.
Equities
300628
CNE100002PC5
Communications & Networking
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 35.34 CNY | +0.40% |
|
+0.74% | +19.59% |
| 23/04 | Yealink Network Technology's 2023 Profit Falls 7.7%; Shares Rise 5% | MT |
| 22/04 | Yealink Network Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 43,407 | 65,990 | 73,493 | 54,629 | 37,346 | 44,615 | - | - |
| Enterprise Value (EV) 1 | 43,407 | 65,990 | 73,493 | 54,629 | 37,346 | 44,615 | 44,615 | 44,615 |
| P/E ratio | 35.1 x | 51.3 x | 45.4 x | 25.1 x | 18.5 x | 18.2 x | 15.2 x | 12.6 x |
| Yield | 1.24% | 0.89% | 0.98% | 2.15% | 3.05% | 3.56% | 4.73% | 6.23% |
| Capitalization / Revenue | 17.4 x | 24 x | 19.9 x | 11.4 x | 8.57 x | 8.31 x | 6.9 x | 5.86 x |
| EV / Revenue | 17.4 x | 24 x | 19.9 x | 11.4 x | 8.57 x | 8.31 x | 6.9 x | 5.86 x |
| EV / EBITDA | 31.5 x | 46.1 x | 40.7 x | 22.4 x | 16.6 x | 16.5 x | 13.6 x | 11.6 x |
| EV / FCF | - | - | 90.7 x | 37.3 x | 23.1 x | 20.1 x | 17.1 x | 14.1 x |
| FCF Yield | - | - | 1.1% | 2.68% | 4.32% | 4.97% | 5.84% | 7.07% |
| Price to Book | 9.88 x | 12.7 x | 11.6 x | 6.92 x | 4.59 x | 4.8 x | 4.23 x | 3.91 x |
| Nbr of stocks (in thousands) | 12,58,879 | 12,63,483 | 12,63,236 | 12,62,272 | 12,63,815 | 12,62,461 | - | - |
| Reference price 2 | 34.48 | 52.23 | 58.18 | 43.28 | 29.55 | 35.34 | 35.34 | 35.34 |
| Announcement Date | 25/02/20 | 26/02/21 | 28/02/22 | 28/02/23 | 23/02/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,489 | 2,754 | 3,684 | 4,811 | 4,358 | 5,366 | 6,462 | 7,610 |
| EBITDA 1 | 1,380 | 1,432 | 1,805 | 2,436 | 2,244 | 2,697 | 3,288 | 3,857 |
| EBIT 1 | 1,360 | 1,403 | 1,770 | 2,377 | 2,188 | 2,628 | 3,148 | 3,752 |
| Operating Margin | 54.64% | 50.95% | 48.05% | 49.41% | 50.19% | 48.97% | 48.72% | 49.3% |
| Earnings before Tax (EBT) 1 | 1,361 | 1,402 | 1,769 | 2,376 | 2,190 | 2,657 | 3,183 | 3,804 |
| Net income 1 | 1,235 | 1,279 | 1,616 | 2,178 | 2,023 | 2,456 | 2,942 | 3,541 |
| Net margin | 49.62% | 46.43% | 43.86% | 45.27% | 46.43% | 45.76% | 45.54% | 46.53% |
| EPS 2 | 0.9834 | 1.018 | 1.282 | 1.725 | 1.601 | 1.944 | 2.329 | 2.800 |
| Free Cash Flow 1 | - | - | 810.6 | 1,465 | 1,614 | 2,219 | 2,606 | 3,156 |
| FCF margin | - | - | 22% | 30.45% | 37.03% | 41.35% | 40.33% | 41.47% |
| FCF Conversion (EBITDA) | - | - | 44.91% | 60.14% | 71.91% | 82.27% | 79.27% | 81.82% |
| FCF Conversion (Net income) | - | - | 50.16% | 67.27% | 79.76% | 90.36% | 88.57% | 89.13% |
| Dividend per Share 2 | 0.4286 | 0.4643 | 0.5714 | 0.9286 | 0.9000 | 1.258 | 1.671 | 2.202 |
| Announcement Date | 25/02/20 | 26/02/21 | 28/02/22 | 28/02/23 | 23/02/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 1,315 | 1,201 | 1,553 | - | 1,156 | - | - | - | 1,250 | 2,473 | - | - | - | - | 2,315 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 692.6 | - | - | - | 430.3 | 538.1 | - | - | 413.1 | 1,123 | - | - | - | - | 1,066 |
| Operating Margin | 52.68% | - | - | - | 37.23% | - | - | - | 33.05% | 45.41% | - | - | - | - | 46.05% |
| Earnings before Tax (EBT) | 693.1 | - | - | - | 430 | - | - | - | 411.4 | 1,121 | - | - | - | - | 1,068 |
| Net income 1 | 628.5 | 645.4 | 633.4 | 806.2 | 398 | - | 1,137 | 644.2 | 396.7 | 1,041 | 422.9 | 606.6 | 1,029 | 584.7 | 1,161 |
| Net margin | 47.8% | 53.74% | 40.78% | - | 34.44% | - | - | - | 31.73% | 42.09% | - | - | - | - | 50.15% |
| EPS 2 | 0.5048 | - | 0.5000 | 0.6410 | 0.3071 | - | 0.9018 | 0.5071 | 0.3143 | 0.8286 | 0.3351 | 0.4794 | 0.8144 | 0.4628 | 0.7867 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 25/02/20 | 14/08/20 | 26/02/21 | 20/08/21 | 28/02/22 | 22/04/22 | 26/08/22 | 26/10/22 | 28/02/23 | 28/02/23 | 21/04/23 | 30/08/23 | 30/08/23 | 25/10/23 | 23/02/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 811 | 1,465 | 1,614 | 2,219 | 2,606 | 3,156 |
| ROE (net income / shareholders' equity) | 31.5% | 26.9% | 28.3% | 30.9% | 25.7% | 27.1% | 28.4% | 31.1% |
| ROA (Net income/ Total Assets) | 28.8% | 24.1% | 25.1% | 26.4% | - | 24.9% | 25.6% | 30.6% |
| Assets 1 | 4,289 | 5,303 | 6,442 | 8,243 | - | 9,845 | 11,500 | 11,583 |
| Book Value Per Share 2 | 3.490 | 4.120 | 5.010 | 6.250 | 6.440 | 7.370 | 8.360 | 9.040 |
| Cash Flow per Share 2 | 0.8700 | 0.8900 | 0.8800 | 1.680 | 1.430 | 1.760 | 2.130 | 2.530 |
| Capex 1 | 270 | 148 | 296 | 658 | 188 | 232 | 257 | 180 |
| Capex / Sales | 10.85% | 5.39% | 8.05% | 13.68% | 4.31% | 4.33% | 3.97% | 2.37% |
| Announcement Date | 25/02/20 | 26/02/21 | 28/02/22 | 28/02/23 | 23/02/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
35.34
CNY
Average target price
44.28
CNY
Spread / Average Target
+25.30%
EPS Revisions
- Stock Market
- Equities
- 300628 Stock
- Financials Yealink Network Technology Co., Ltd.
