Financials Chengdu Tianjian Technology Co., Ltd.

Equities

002977

CNE100003S55

Aerospace & Defense

End-of-day quote Shenzhen S.E. 18:00:00 2024-05-05 EDT 5-day change 1st Jan Change
27.91 CNY +1.56% Intraday chart for Chengdu Tianjian Technology Co., Ltd. -1.38% -21.20%

Valuation

Fiscal Period: December 2020 2021 2022
Capitalization 1 9,953 5,724 3,674
Enterprise Value (EV) 1 9,455 5,330 3,378
P/E ratio 113 x 51.3 x 50.3 x
Yield 0.22% 0.37% 0.55%
Capitalization / Revenue 45.5 x 20.6 x 10.7 x
EV / Revenue 43.2 x 19.1 x 9.85 x
EV / EBITDA 101 x 46.7 x 32.6 x
EV / FCF -371 x -38.3 x -122 x
FCF Yield -0.27% -2.61% -0.82%
Price to Book 10.8 x 5.65 x 3.45 x
Nbr of stocks (in thousands) 120,120 120,120 120,120
Reference price 2 82.86 47.65 30.58
Announcement Date 21-03-31 22-04-14 23-04-26
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 175.4 276.4 276.8 218.6 278.4 342.8
EBITDA 1 64.77 108.9 116.8 93.33 114.1 103.6
EBIT 1 62.81 107.5 114.4 90.84 111.9 100.7
Operating Margin 35.8% 38.91% 41.34% 41.55% 40.21% 29.38%
Earnings before Tax (EBT) 1 67.99 116.4 112.4 95.78 129.7 83.71
Net income 1 55.5 99.56 96.08 82.37 111.4 72.74
Net margin 31.63% 36.02% 34.71% 37.68% 40% 21.22%
EPS 2 0.6607 1.107 1.066 0.7321 0.9286 0.6083
Free Cash Flow 1 47.18 -12.97 -64.75 -25.47 -139.1 -27.62
FCF margin 26.89% -4.69% -23.4% -11.65% -49.98% -8.06%
FCF Conversion (EBITDA) 72.84% - - - - -
FCF Conversion (Net income) 85.02% - - - - -
Dividend per Share 2 0.1190 0.1190 0.1190 0.1786 0.1786 0.1667
Announcement Date 18-10-12 20-03-02 20-03-02 21-03-31 22-04-14 23-04-26
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 71.5 82.7 39.6 498 394 296
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 47.2 -13 -64.8 -25.5 -139 -27.6
ROE (net income / shareholders' equity) 32.8% 41.3% 29.3% 12.7% 11.5% 7%
ROA (Net income/ Total Assets) 11.7% 16.1% 13.9% 6.7% 5.98% 4.93%
Assets 1 473.4 618.6 693 1,229 1,864 1,477
Book Value Per Share 2 2.240 3.110 4.180 7.690 8.440 8.870
Cash Flow per Share 2 1.390 0.9200 0.6000 3.810 3.280 2.460
Capex 1 0.44 30.4 37.7 45.1 89.4 43
Capex / Sales 0.25% 11.01% 13.63% 20.61% 32.1% 12.54%
Announcement Date 18-10-12 20-03-02 20-03-02 21-03-31 22-04-14 23-04-26
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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