Financials Zhejiang Meishuo Electric Technology Co.,Ltd

Equities

301295

CNE1000064H1

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 03:30:00 24/06/2024 am IST 5-day change 1st Jan Change
16.91 CNY -5.90% Intraday chart for Zhejiang Meishuo Electric Technology Co.,Ltd -13.94% -28.67%

Valuation

Fiscal Period: December 2023
Capitalization 1 2,390
Enterprise Value (EV) 1 1,718
P/E ratio 48.1 x
Yield 1.51%
Capitalization / Revenue 4.48 x
EV / Revenue 3.22 x
EV / EBITDA 29.2 x
EV / FCF 39.3 x
FCF Yield 2.55%
Price to Book 2.47 x
Nbr of stocks (in thousands) 1,00,800
Reference price 2 23.71
Announcement Date 23/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 285.8 379.2 462.7 577.3 537.1 533
EBITDA 1 48.17 82.01 89.41 96.66 93.56 58.8
EBIT 1 39.22 71.32 74.81 78.74 72.2 34.73
Operating Margin 13.72% 18.81% 16.17% 13.64% 13.44% 6.52%
Earnings before Tax (EBT) 1 34.89 68.29 78.74 75.05 69.89 45.92
Net income 1 30.78 59.92 67.15 66.9 65.7 43.39
Net margin 10.77% 15.8% 14.51% 11.59% 12.23% 8.14%
EPS 2 0.6000 1.170 0.9286 0.8850 0.8691 0.4929
Free Cash Flow 1 -14.99 31.95 12.66 13.73 -2.289 43.77
FCF margin -5.25% 8.43% 2.74% 2.38% -0.43% 8.21%
FCF Conversion (EBITDA) - 38.96% 14.16% 14.21% - 74.44%
FCF Conversion (Net income) - 53.33% 18.86% 20.53% - 100.89%
Dividend per Share - - - - - 0.3571
Announcement Date 22/04/19 24/04/20 28/10/21 05/06/23 05/06/23 23/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 46.5 19.3 - - - -
Net Cash position 1 - - 5.56 9.05 9.79 671
Leverage (Debt/EBITDA) 0.9654 x 0.2353 x - - - -
Free Cash Flow 1 -15 32 12.7 13.7 -2.29 43.8
ROE (net income / shareholders' equity) 35.6% 55% 42.4% 30.4% 22.9% 6.75%
ROA (Net income/ Total Assets) 7.65% 12.5% 12.3% 10.7% 8.78% 2.55%
Assets 1 402.5 480.7 544 627.2 748.3 1,699
Book Value Per Share 2 1.720 2.480 2.470 3.350 4.220 9.590
Cash Flow per Share 2 0.2700 0.3000 0.3000 0.2000 0.2700 6.670
Capex 1 50.3 33.9 31.9 27.7 16.9 25.3
Capex / Sales 17.6% 8.95% 6.9% 4.79% 3.15% 4.75%
Announcement Date 22/04/19 24/04/20 28/10/21 05/06/23 05/06/23 23/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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