Financials Chengdu Zhimingda Electronics Co., Ltd.

Equities

End-of-day quote Shanghai S.E. Other stock markets 18:00:00 2024-05-12 EDT			5-day change	1st Jan Change
26.6 ^CNY	-2.56%		+5.16%	-39.21%

12:26pm	Zhimingda Electronics Scraps Plan to Issue Convertible Bonds	MT
04-16	Chengdu Zhimingda Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Capitalization ¹	7,110	5,329	4,906	2,982	-	-
Enterprise Value (EV) ¹	7,110	5,329	4,906	2,982	2,982	2,982
P/E ratio	58.1 x	70.3 x	50.9 x	21.9 x	16 x	12.3 x
Yield	-	-	-	0.53%	0.53%	0.53%
Capitalization / Revenue	15.8 x	9.85 x	7.4 x	3.64 x	2.84 x	2.4 x
EV / Revenue	15.8 x	9.85 x	7.4 x	3.64 x	2.84 x	2.4 x
EV / EBITDA	-	62.4 x	44.9 x	18.2 x	12.5 x	9.97 x
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Price to Book	8.02 x	5.42 x	4.52 x	2.47 x	2.18 x	1.87 x
Nbr of stocks (in thousands)	111,750	112,111	112,111	112,111	-	-
Reference price ²	63.62	47.53	43.76	26.60	26.60	26.60
Announcement Date	2/27/22	4/24/23	2/25/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	-	449.4	540.9	663	820	1,051	1,245
EBITDA ¹	-	-	85.44	109.3	164	238	299
EBIT ¹	-	120.5	73.43	90.1	132	189	245
Operating Margin	-	26.81%	13.58%	13.59%	16.1%	17.99%	19.68%
Earnings before Tax (EBT) ¹	-	120.2	73.26	97.75	138	188	244
Net income ¹	85.58	111.5	75.38	96.26	136	185.9	242
Net margin	-	24.81%	13.94%	14.52%	16.59%	17.7%	19.44%
EPS ²	1.027	1.095	0.6759	0.8591	1.215	1.661	2.161
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	-	0.1409	0.1409	0.1409
Announcement Date	3/17/21	2/27/22	4/24/23	2/25/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	16.3%	8.12%	9.46%	11.3%	13.6%	15.1%
ROA (Net income/ Total Assets)	-	-	-	6.33%	7.45%	8.23%	10.3%
Assets ¹	-	-	-	1,521	1,826	2,260	2,347
Book Value Per Share ²	-	7.930	8.760	9.690	10.80	12.20	14.30
Cash Flow per Share ²	-	0.6000	-	0.0500	1.260	1.500	1.620
Capex ¹	-	-	38.3	84.1	155	60.5	105
Capex / Sales	-	-	7.09%	12.68%	18.9%	5.76%	8.43%
Announcement Date	3/17/21	2/27/22	4/24/23	2/25/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

26.6 CNY

Average target price

53.02 CNY

Spread / Average Target

+99.32%

	1st Jan change	Capi.
CHENGDU ZHIMINGDA ELECTRONICS CO., LTD.	-39.21%	412M
CDW CORPORATION	-2.32%	29.84B
UNISPLENDOUR CORPORATION LIMITED	+3.67%	7.93B
TATA TECHNOLOGIES LIMITED	-13.49%	4.96B
TSINGHUA TONGFANG CO., LTD.	-22.04%	2.65B
AISINO CO.LTD.	-21.33%	2.14B
PC CONNECTION, INC.	-3.14%	1.72B
SESA S.P.A.	-15.69%	1.71B
YUBICO AB	+66.03%	1.6B
CRICUT, INC.	+8.80%	1.55B