Financials Dianguang Explosion-proof Technology Co.,Ltd.

Equities

002730

CNE100001WM2

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 18:00:00 2024-04-29 EDT 5-day change 1st Jan Change
7.5 CNY -2.22% Intraday chart for Dianguang Explosion-proof Technology Co.,Ltd. +3.88% -20.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,181 2,614 3,027 3,856 2,799 3,433
Enterprise Value (EV) 1 2,489 2,762 2,998 3,731 2,330 3,004
P/E ratio 37.6 x 62.3 x 55.2 x 44.3 x 30.9 x 28.7 x
Yield 0.74% 1.23% 0.85% 0.92% 1.42% 1.37%
Capitalization / Revenue 2.32 x 2.61 x 3.75 x 4.28 x 2.28 x 2.5 x
EV / Revenue 2.65 x 2.75 x 3.71 x 4.14 x 1.89 x 2.19 x
EV / EBITDA 18.8 x 21.1 x 32.1 x 37.5 x 21.7 x 20.7 x
EV / FCF -66.8 x 19.4 x 42.1 x 147 x 99.5 x 144 x
FCF Yield -1.5% 5.16% 2.37% 0.68% 1.01% 0.7%
Price to Book 2.32 x 2.7 x 3.02 x 3.63 x 1.89 x 2.2 x
Nbr of stocks (in thousands) 322,674 322,674 322,674 322,674 362,080 362,080
Reference price 2 6.760 8.100 9.380 11.95 7.730 9.480
Announcement Date 19-04-28 20-04-27 21-04-29 22-04-27 23-04-27 24-04-18
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 939 1,003 808.1 901.7 1,230 1,374
EBITDA 1 132.2 130.6 93.37 99.4 107.3 145
EBIT 1 106.8 106 70.78 77.55 78.81 116.8
Operating Margin 11.38% 10.57% 8.76% 8.6% 6.41% 8.5%
Earnings before Tax (EBT) 1 77.49 68.57 64.44 91.74 93.91 139.7
Net income 1 57.17 42.86 56.39 85.8 89.84 119.6
Net margin 6.09% 4.28% 6.98% 9.51% 7.31% 8.71%
EPS 2 0.1800 0.1300 0.1700 0.2700 0.2500 0.3300
Free Cash Flow 1 -37.26 142.5 71.14 25.32 23.42 20.91
FCF margin -3.97% 14.21% 8.8% 2.81% 1.9% 1.52%
FCF Conversion (EBITDA) - 109.09% 76.19% 25.47% 21.84% 14.42%
FCF Conversion (Net income) - 332.48% 126.17% 29.51% 26.07% 17.48%
Dividend per Share 2 0.0500 0.1000 0.0800 0.1100 0.1100 0.1300
Announcement Date 19-04-28 20-04-27 21-04-29 22-04-27 23-04-27 24-04-18
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 308 148 - - - -
Net Cash position 1 - - 28.7 125 469 429
Leverage (Debt/EBITDA) 2.33 x 1.133 x - - - -
Free Cash Flow 1 -37.3 143 71.1 25.3 23.4 20.9
ROE (net income / shareholders' equity) 6.4% 4.89% 5.42% 8.29% 6.5% 7.97%
ROA (Net income/ Total Assets) 4.04% 4% 3.08% 3.65% 2.75% 3.07%
Assets 1 1,413 1,071 1,829 2,349 3,271 3,891
Book Value Per Share 2 2.920 3.000 3.100 3.290 4.090 4.310
Cash Flow per Share 2 0.5100 0.3500 0.3100 0.4000 1.180 1.550
Capex 1 36.9 24 12.2 47.3 100 126
Capex / Sales 3.93% 2.39% 1.52% 5.25% 8.14% 9.15%
Announcement Date 19-04-28 20-04-27 21-04-29 22-04-27 23-04-27 24-04-18
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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