Financials Kinco Automation (Shanghai) Co.,Ltd

Equities

688160

CNE100006BH5

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
45.9 CNY +4.63% Intraday chart for Kinco Automation (Shanghai) Co.,Ltd +4.60% -21.11%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 3,395 2,898 2,438 4,887
Enterprise Value (EV) 1 2,880 2,510 2,056 4,601
P/E ratio 39.6 x 38.8 x 26.9 x 80.8 x
Yield 1.48% 0.87% 1.38% 0.52%
Capitalization / Revenue 7.82 x 5.39 x 4.52 x 9.65 x
EV / Revenue 6.63 x 4.67 x 3.81 x 9.08 x
EV / EBITDA 35.6 x 33.4 x 22.2 x 82 x
EV / FCF 40.6 x -23.8 x 37.5 x -49.4 x
FCF Yield 2.46% -4.21% 2.67% -2.02%
Price to Book 5.58 x 4.44 x 3.39 x 6.53 x
Nbr of stocks (in thousands) 84,000 84,000 84,000 84,000
Reference price 2 40.42 34.50 29.02 58.18
Announcement Date 21-04-20 22-04-20 23-03-30 24-03-26
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 319 345.3 434.1 537.3 539.3 506.5
EBITDA 1 45.68 51.45 80.83 75.23 92.62 56.11
EBIT 1 41.46 47.49 76.88 71.42 88.5 51.56
Operating Margin 12.99% 13.75% 17.71% 13.29% 16.41% 10.18%
Earnings before Tax (EBT) 1 44.99 51.76 81.94 82.52 102.6 64.18
Net income 1 36.16 42.27 66.17 74.71 91.06 60.68
Net margin 11.33% 12.24% 15.24% 13.9% 16.88% 11.98%
EPS 2 0.5700 0.6700 1.020 0.8900 1.080 0.7200
Free Cash Flow 1 16.72 31.57 70.98 -105.6 54.87 -93.16
FCF margin 5.24% 9.14% 16.35% -19.65% 10.17% -18.39%
FCF Conversion (EBITDA) 36.59% 61.35% 87.82% - 59.24% -
FCF Conversion (Net income) 46.23% 74.68% 107.27% - 60.26% -
Dividend per Share - - 0.6000 0.3000 0.4000 0.3000
Announcement Date 20-11-06 20-11-06 21-04-20 22-04-20 23-03-30 24-03-26
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 88.4 117 515 388 382 286
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 16.7 31.6 71 -106 54.9 -93.2
ROE (net income / shareholders' equity) 19.6% 20.5% 16.9% 11.6% 13.1% 8.24%
ROA (Net income/ Total Assets) 9.8% 10.1% 8.76% 5.71% 6.61% 3.49%
Assets 1 369.1 416.9 755.7 1,308 1,378 1,740
Book Value Per Share 2 3.000 3.430 7.240 7.770 8.560 8.910
Cash Flow per Share 2 1.390 1.850 6.130 4.760 4.880 4.230
Capex 1 3.14 3.42 4.93 11 15.9 39.7
Capex / Sales 0.98% 0.99% 1.14% 2.05% 2.95% 7.83%
Announcement Date 20-11-06 20-11-06 21-04-20 22-04-20 23-03-30 24-03-26
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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