ZHEJIANG DEHONG AUTOMOTIVE ELECTRONIC & ELECTRICAL CO., LTD. Financials Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd.
Equities
603701
CNE100002888
Electrical Components & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.58 CNY | +2.32% |
|
-4.51% | -32.57% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,665 | 2,614 | 2,272 | 2,590 | 5,144 | 4,101 |
| Enterprise Value (EV) 1 | 1,376 | 2,361 | 2,089 | 2,399 | 4,983 | 3,963 |
| P/E ratio | 14.6 x | 45.7 x | 34.6 x | 66.1 x | 492 x | 196 x |
| Yield | 4.39% | 1.56% | 0.58% | 0.5% | - | 0.16% |
| Capitalization / Revenue | 3.63 x | 5.49 x | 3.79 x | 4.37 x | 10.5 x | 6.33 x |
| EV / Revenue | 3 x | 4.96 x | 3.48 x | 4.05 x | 10.1 x | 6.12 x |
| EV / EBITDA | 18.8 x | 35.3 x | 24.1 x | 46.2 x | 163 x | 93.4 x |
| EV / FCF | 51.6 x | 70.5 x | -26.8 x | 26.8 x | 191 x | -51.9 x |
| FCF Yield | 1.94% | 1.42% | -3.73% | 3.73% | 0.52% | -1.93% |
| Price to Book | 2.39 x | 3.74 x | 3.16 x | 3.48 x | 6.93 x | 5.38 x |
| Nbr of stocks (in thousands) | 2,65,821 | 2,65,476 | 2,62,693 | 2,61,362 | 2,61,362 | 2,61,362 |
| Reference price 2 | 6.264 | 9.846 | 8.650 | 9.910 | 19.68 | 15.69 |
| Announcement Date | 12/04/19 | 27/04/20 | 23/04/21 | 21/04/22 | 21/04/23 | 19/04/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 459 | 476.2 | 599.8 | 592.5 | 491.8 | 648.1 |
| EBITDA 1 | 73.07 | 66.81 | 86.5 | 51.98 | 30.55 | 42.43 |
| EBIT 1 | 58.25 | 50.9 | 69.36 | 31.89 | 8.619 | 21.86 |
| Operating Margin | 12.69% | 10.69% | 11.56% | 5.38% | 1.75% | 3.37% |
| Earnings before Tax (EBT) 1 | 128.8 | 65.22 | 72.89 | 39.82 | 19.65 | 28.57 |
| Net income 1 | 110.8 | 57.51 | 63.49 | 38.93 | 11.08 | 19.96 |
| Net margin | 24.15% | 12.08% | 10.59% | 6.57% | 2.25% | 3.08% |
| EPS 2 | 0.4286 | 0.2154 | 0.2500 | 0.1500 | 0.0400 | 0.0800 |
| Free Cash Flow 1 | 26.67 | 33.47 | -77.82 | 89.37 | 26.04 | -76.44 |
| FCF margin | 5.81% | 7.03% | -12.97% | 15.08% | 5.3% | -11.79% |
| FCF Conversion (EBITDA) | 36.49% | 50.1% | - | 171.95% | 85.25% | - |
| FCF Conversion (Net income) | 24.06% | 58.2% | - | 229.61% | 235.14% | - |
| Dividend per Share 2 | 0.2747 | 0.1538 | 0.0500 | 0.0500 | - | 0.0250 |
| Announcement Date | 12/04/19 | 27/04/20 | 23/04/21 | 21/04/22 | 21/04/23 | 19/04/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 289 | 253 | 183 | 191 | 161 | 137 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 26.7 | 33.5 | -77.8 | 89.4 | 26 | -76.4 |
| ROE (net income / shareholders' equity) | 17.2% | 8.24% | 8.93% | 5.29% | 2.55% | 3.62% |
| ROA (Net income/ Total Assets) | 4.14% | 3.37% | 4.41% | 2.04% | 0.55% | 1.27% |
| Assets 1 | 2,679 | 1,704 | 1,441 | 1,905 | 2,030 | 1,572 |
| Book Value Per Share 2 | 2.620 | 2.630 | 2.740 | 2.850 | 2.840 | 2.920 |
| Cash Flow per Share 2 | 0.3300 | 0.3900 | 0.3800 | 0.4800 | 0.2900 | 0.2800 |
| Capex 1 | 39.7 | 50.5 | 34.6 | 21.1 | 19 | 27.1 |
| Capex / Sales | 8.65% | 10.6% | 5.77% | 3.56% | 3.87% | 4.18% |
| Announcement Date | 12/04/19 | 27/04/20 | 23/04/21 | 21/04/22 | 21/04/23 | 19/04/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -32.57% | 381M | |
| +2.31% | 8.01B | |
| -29.54% | 1.33B | |
| -33.30% | 730M | |
| -12.83% | 594M | |
| -23.25% | 580M | |
| +56.84% | 456M | |
| -10.35% | 527M | |
| -30.83% | 401M | |
| 0.00% | 308M |
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- Financials Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd.
