Financials Hangzhou Wensli Silk Culture Co., Ltd.

Equities

301066

CNE100004RM6

Apparel & Accessories

End-of-day quote Shenzhen S.E. 18:00:00 2024-05-21 EDT 5-day change 1st Jan Change
10.18 CNY +1.60% Intraday chart for Hangzhou Wensli Silk Culture Co., Ltd. -5.04% -20.96%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,386 2,115 2,408
Enterprise Value (EV) 1 3,055 1,838 2,111
P/E ratio 53.6 x -1,123 x 67.8 x
Yield 0.4% - 0.47%
Capitalization / Revenue 5.06 x 3.85 x 3.48 x
EV / Revenue 4.56 x 3.35 x 3.05 x
EV / EBITDA 50.2 x -157 x 44.3 x
EV / FCF -25.9 x -437 x 31.8 x
FCF Yield -3.86% -0.23% 3.15%
Price to Book 5.16 x 3.34 x 3.7 x
Nbr of stocks (in thousands) 188,352 188,352 186,962
Reference price 2 17.98 11.23 12.88
Announcement Date 4/25/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 752.5 728.5 735.7 669.6 549 692.3
EBITDA 1 66.43 76.83 87.91 60.82 -11.73 47.68
EBIT 1 56.27 66.03 75.78 46.12 -26.23 32.25
Operating Margin 7.48% 9.06% 10.3% 6.89% -4.78% 4.66%
Earnings before Tax (EBT) 1 56.58 67.74 71.42 52.57 -6.846 38.33
Net income 1 50.12 59.66 63.4 50.91 -1.602 34.74
Net margin 6.66% 8.19% 8.62% 7.6% -0.29% 5.02%
EPS 2 0.3548 0.4214 0.4488 0.3357 -0.0100 0.1900
Free Cash Flow 1 38.64 56.56 45.8 -118 -4.205 66.43
FCF margin 5.13% 7.76% 6.22% -17.63% -0.77% 9.6%
FCF Conversion (EBITDA) 58.17% 73.63% 52.09% - - 139.32%
FCF Conversion (Net income) 77.09% 94.81% 72.23% - - 191.23%
Dividend per Share - - - 0.0714 - 0.0600
Announcement Date 7/5/20 7/5/20 8/31/21 4/25/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 192 271 322 331 277 297
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 38.6 56.6 45.8 -118 -4.2 66.4
ROE (net income / shareholders' equity) 13.7% 14.1% 13.4% 8.89% -0.22% 5.41%
ROA (Net income/ Total Assets) 5.79% 6.12% 6.68% 3.62% -1.92% 2.29%
Assets 1 865.4 974.5 949.4 1,408 83.55 1,519
Book Value Per Share 2 2.720 3.140 3.450 3.480 3.360 3.480
Cash Flow per Share 2 1.360 1.910 2.270 1.780 1.510 1.610
Capex 1 21 14.5 38.3 71.7 31.4 80.7
Capex / Sales 2.79% 1.99% 5.21% 10.71% 5.73% 11.66%
Announcement Date 7/5/20 7/5/20 8/31/21 4/25/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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