Financials Guangdong AVCiT Technology Holding Co., Ltd.

Equities

001229

CNE100005JC1

Communications & Networking

End-of-day quote Shenzhen S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
27.95 CNY +3.86% Intraday chart for Guangdong AVCiT Technology Holding Co., Ltd. -2.17% -21.49%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 2,684 3,560
Enterprise Value (EV) 1 2,051 2,947
P/E ratio 26.3 x 40.9 x
Yield 1.49% 1.69%
Capitalization / Revenue 13.7 x 16.8 x
EV / Revenue 10.5 x 13.9 x
EV / EBITDA 26.1 x 35.1 x
EV / FCF 49.4 x -1,313 x
FCF Yield 2.02% -0.08%
Price to Book 2.92 x 3.66 x
Nbr of stocks (in thousands) 100,000 100,000
Reference price 2 26.84 35.60
Announcement Date 23-04-24 24-04-29
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 122.1 163.9 235.9 195.8 211.7
EBITDA 1 63.87 89.47 117.3 78.58 83.92
EBIT 1 61.85 87.11 112.5 76.76 79.06
Operating Margin 50.67% 53.14% 47.68% 39.2% 37.34%
Earnings before Tax (EBT) 1 64.57 89.16 113.3 98.62 98.96
Net income 1 56.23 76.08 96.81 84.79 87.11
Net margin 46.06% 46.41% 41.05% 43.3% 41.14%
EPS - 1.010 1.290 1.020 0.8700
Free Cash Flow 1 9.991 50.73 -108 41.51 -2.244
FCF margin 8.18% 30.95% -45.81% 21.2% -1.06%
FCF Conversion (EBITDA) 15.64% 56.71% - 52.83% -
FCF Conversion (Net income) 17.77% 66.68% - 48.96% -
Dividend per Share - - - 0.4000 0.6000
Announcement Date 22-07-18 22-07-18 22-07-18 23-04-24 24-04-29
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 - - - - -
Net Cash position 1 95.2 168 75.9 633 613
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 9.99 50.7 -108 41.5 -2.24
ROE (net income / shareholders' equity) 53.1% 40.4% 34.4% 13.5% 9.21%
ROA (Net income/ Total Assets) 27.6% 24.9% 21.5% 6.98% 4.86%
Assets 1 203.4 305.8 451 1,215 1,793
Book Value Per Share - 3.060 4.430 9.190 9.730
Cash Flow per Share - 0.8600 0.4600 4.920 5.260
Capex 1 3.02 1.36 168 29.8 71.2
Capex / Sales 2.47% 0.83% 71.12% 15.24% 33.65%
Announcement Date 22-07-18 22-07-18 22-07-18 23-04-24 24-04-29
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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