Financials Jiangxi Welgao Electronics Co., Ltd.

Equities

301251

CNE1000068P5

Semiconductors

End-of-day quote Shenzhen S.E. 18:00:00 2024-07-04 EDT 5-day change 1st Jan Change
31.45 CNY +0.35% Intraday chart for Jiangxi Welgao Electronics Co., Ltd. -7.91% -12.27%

Valuation

Fiscal Period: December 2023
Capitalization 1 4,826
Enterprise Value (EV) 1 4,016
P/E ratio 43.7 x
Yield 0.37%
Capitalization / Revenue 5.87 x
EV / Revenue 4.88 x
EV / EBITDA 36.2 x
EV / FCF -58,714,215 x
FCF Yield -0%
Price to Book 3.36 x
Nbr of stocks (in thousands) 134,622
Reference price 2 35.85
Announcement Date 24-04-22
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 331.1 524.2 861.3 836.8 822.7
EBITDA 1 43.63 94.34 106.7 128.1 110.8
EBIT 1 21.2 64.93 72.28 89.21 69.97
Operating Margin 6.4% 12.39% 8.39% 10.66% 8.5%
Earnings before Tax (EBT) 1 17.54 57.66 70.87 99.09 100.8
Net income 1 15.6 49.02 61.59 87.27 90.16
Net margin 4.71% 9.35% 7.15% 10.43% 10.96%
EPS - - 0.6600 0.8600 0.8200
Free Cash Flow - 24.83 -57.11 -131.1 -68.4
FCF margin - 4.74% -6.63% -15.67% -8.31%
FCF Conversion (EBITDA) - 26.32% - - -
FCF Conversion (Net income) - 50.65% - - -
Dividend per Share - - - - 0.1340
Announcement Date 22-06-21 22-06-21 22-06-21 23-08-15 24-04-22
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 51.5 30.5 - 8.59 -
Net Cash position 1 - - 71.9 - 810
Leverage (Debt/EBITDA) 1.18 x 0.3228 x - 0.067 x -
Free Cash Flow - 24.8 -57.1 -131 -68.4
ROE (net income / shareholders' equity) - 27.8% 21.9% 20.6% 9.45%
ROA (Net income/ Total Assets) - 5.98% 5.04% 5.7% 3.05%
Assets 1 - 820 1,222 1,532 2,959
Book Value Per Share - - 3.740 4.650 10.70
Cash Flow per Share - - 1.700 1.090 5.640
Capex 1 93.3 67 99.8 64 195
Capex / Sales 28.19% 12.78% 11.59% 7.65% 23.76%
Announcement Date 22-06-21 22-06-21 22-06-21 23-08-15 24-04-22
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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