Financials Beijing Kawin Technology Share-Holding Co., Ltd.

Equities

688687

CNE1000054C3

Biotechnology & Medical Research

End-of-day quote Shanghai S.E. 18:00:00 2024-06-25 EDT 5-day change 1st Jan Change
25.61 CNY -0.47% Intraday chart for Beijing Kawin Technology Share-Holding Co., Ltd. -7.08% -26.53%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 3,888 5,837 4,288 - -
Enterprise Value (EV) 1 3,888 5,837 4,288 4,288 4,288
P/E ratio 46.4 x 50.3 x 29.6 x 22.1 x 16.3 x
Yield - 0.72% 1.23% 1.76% 2.19%
Capitalization / Revenue - 4.13 x 2.51 x 1.95 x 1.55 x
EV / Revenue - 4.13 x 2.51 x 1.95 x 1.55 x
EV / EBITDA - 30.5 x 18.4 x 13.8 x 10.3 x
EV / FCF - - 34.7 x 27.1 x 19.6 x
FCF Yield - - 2.88% 3.69% 5.1%
Price to Book - 3.4 x 2.34 x 2.18 x 1.98 x
Nbr of stocks (in thousands) 170,908 167,435 167,435 - -
Reference price 2 22.75 34.86 25.61 25.61 25.61
Announcement Date 2/22/23 2/23/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 1,412 1,709 2,196 2,763
EBITDA 1 - 191.3 233.3 311.7 418.3
EBIT 1 - 170.4 206.9 280.2 375.9
Operating Margin - 12.07% 12.11% 12.76% 13.61%
Earnings before Tax (EBT) 1 - 145.9 195.9 268.7 363.9
Net income 1 83.83 116.1 148 198.1 268.2
Net margin - 8.22% 8.66% 9.02% 9.71%
EPS 2 0.4900 0.6930 0.8640 1.158 1.570
Free Cash Flow 1 - - 123.4 158.2 218.6
FCF margin - - 7.22% 7.2% 7.91%
FCF Conversion (EBITDA) - - 52.89% 50.76% 52.26%
FCF Conversion (Net income) - - 83.38% 79.86% 81.49%
Dividend per Share 2 - 0.2500 0.3150 0.4500 0.5600
Announcement Date 2/22/23 2/23/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - - 123 158 219
ROE (net income / shareholders' equity) - 6.78% 8% 9.98% 12.3%
ROA (Net income/ Total Assets) - 4.97% 5.26% 6.02% 7%
Assets 1 - 2,335 2,813 3,291 3,832
Book Value Per Share 2 - 10.30 10.90 11.80 12.90
Cash Flow per Share 2 - 0.7400 0.8500 1.640 1.530
Capex 1 - 154 98.8 113 120
Capex / Sales - 10.9% 5.78% 5.16% 4.35%
Announcement Date 2/22/23 2/23/24 - - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
25.61 CNY
Average target price
39.66 CNY
Spread / Average Target
+54.85%
Consensus

Annual profits - Rate of surprise

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