Financials IFE Elevators Co., Ltd.

Equities

002774

CNE100002KB8

Heavy Electrical Equipment

End-of-day quote Shenzhen S.E. 18:00:00 2024-05-16 EDT 5-day change 1st Jan Change
7.15 CNY +0.42% Intraday chart for IFE Elevators Co., Ltd. -3.64% -13.86%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,712 2,611 2,127 2,828 2,155 2,795
Enterprise Value (EV) 1 1,941 1,840 1,367 1,537 1,354 1,817
P/E ratio 38.1 x 126 x 68.3 x 10.1 x 28.5 x 19.3 x
Yield 0.52% 0.59% 0.8% 8.33% 3.91% 4.82%
Capitalization / Revenue 3.09 x 3.18 x 2.26 x 1.43 x 1.46 x 1.68 x
EV / Revenue 2.21 x 2.24 x 1.46 x 0.77 x 0.92 x 1.09 x
EV / EBITDA 32 x 132 x 37.2 x 4.33 x 15.7 x 12.4 x
EV / FCF -37.7 x 3.81 x -78 x 2.67 x -4.4 x 20.6 x
FCF Yield -2.66% 26.3% -1.28% 37.4% -22.7% 4.85%
Price to Book 2.61 x 2.42 x 1.94 x 2.08 x 1.79 x 2.21 x
Nbr of stocks (in thousands) 334,800 341,347 339,291 336,688 336,688 336,688
Reference price 2 8.100 7.650 6.270 8.400 6.400 8.300
Announcement Date 3/28/19 4/2/20 4/7/21 4/7/22 4/9/23 4/1/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 876.7 821.6 939.3 1,984 1,472 1,663
EBITDA 1 60.71 13.91 36.71 355.1 86.47 146.9
EBIT 1 48 0.2364 19.23 337 66.91 126.1
Operating Margin 5.47% 0.03% 2.05% 16.99% 4.55% 7.59%
Earnings before Tax (EBT) 1 85.67 24.18 38.3 367.4 93.31 163.2
Net income 1 71.76 20.68 31.24 280.8 75.57 144.7
Net margin 8.18% 2.52% 3.33% 14.15% 5.13% 8.7%
EPS 2 0.2126 0.0606 0.0918 0.8296 0.2244 0.4297
Free Cash Flow 1 -51.53 483 -17.53 574.6 -308 88.09
FCF margin -5.88% 58.79% -1.87% 28.96% -20.92% 5.3%
FCF Conversion (EBITDA) - 3,472.8% - 161.82% - 59.98%
FCF Conversion (Net income) - 2,335.1% - 204.67% - 60.89%
Dividend per Share 2 0.0420 0.0450 0.0500 0.7000 0.2500 0.4000
Announcement Date 3/28/19 4/2/20 4/7/21 4/7/22 4/9/23 4/1/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 771 772 760 1,291 801 977
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -51.5 483 -17.5 575 -308 88.1
ROE (net income / shareholders' equity) 6.97% 1.9% 2.81% 22.8% 5.9% 11.7%
ROA (Net income/ Total Assets) 2.02% 0.01% 0.71% 10.2% 1.9% 3.76%
Assets 1 3,561 222,412 4,399 2,760 3,987 3,848
Book Value Per Share 2 3.100 3.160 3.230 4.040 3.570 3.760
Cash Flow per Share 2 0.7700 0.9300 1.410 1.620 0.5000 0.5200
Capex 1 11.5 22.6 98 41.1 137 85.4
Capex / Sales 1.31% 2.74% 10.44% 2.07% 9.32% 5.14%
Announcement Date 3/28/19 4/2/20 4/7/21 4/7/22 4/9/23 4/1/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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