Financials Mehow Innovative Ltd.

Equities

301363

CNE100005WP6

Advanced Medical Equipment & Technology

End-of-day quote Shenzhen S.E. 18:00:00 2024-05-28 EDT 5-day change 1st Jan Change
25.27 CNY -0.71% Intraday chart for Mehow Innovative Ltd. -7.64% -31.33%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 17,043 14,965 10,089 - -
Enterprise Value (EV) 1 17,043 14,965 10,089 10,089 10,089
P/E ratio 38.8 x 47.8 x 25.9 x 20.7 x 16.5 x
Yield - 0.43% 0.85% 1.07% 1.56%
Capitalization / Revenue 12 x 11.2 x 6.06 x 4.83 x 3.86 x
EV / Revenue 12 x 11.2 x 6.06 x 4.83 x 3.86 x
EV / EBITDA 50.6 x 34.3 x 21.6 x 17.2 x 13.7 x
EV / FCF - 153 x 108 x 73.6 x 45 x
FCF Yield - 0.66% 0.92% 1.36% 2.22%
Price to Book 5.64 x 4.7 x 2.93 x 2.62 x 2.31 x
Nbr of stocks (in thousands) 406,660 406,660 406,660 - -
Reference price 2 41.91 36.80 25.27 25.27 25.27
Announcement Date 4/17/23 4/17/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,415 1,338 1,666 2,090 2,614
EBITDA 1 - 336.9 436 467.6 587.1 734.4
EBIT 1 - 456.7 351.7 447 559.6 701.1
Operating Margin - 32.27% 26.29% 26.83% 26.77% 26.82%
Earnings before Tax (EBT) 1 - 456.7 351.4 446.9 559.5 701
Net income 1 310.1 402.1 313.3 396.9 496.7 623.3
Net margin - 28.41% 23.42% 23.82% 23.77% 23.84%
EPS 2 0.8600 1.080 0.7700 0.9760 1.222 1.532
Free Cash Flow 1 - - 98.11 93 137 224
FCF margin - - 7.33% 5.58% 6.56% 8.57%
FCF Conversion (EBITDA) - - 22.5% 19.89% 23.34% 30.5%
FCF Conversion (Net income) - - 31.31% 23.43% 27.58% 35.94%
Dividend per Share 2 - - 0.1600 0.2150 0.2700 0.3950
Announcement Date 9/15/22 4/17/23 4/17/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - 98.1 93 137 224
ROE (net income / shareholders' equity) - 21.2% 10.1% 11.3% 12.6% 14%
ROA (Net income/ Total Assets) - - - 10.2% 11.3% 12.3%
Assets 1 - - - 3,891 4,396 5,088
Book Value Per Share 2 - 7.430 7.830 8.630 9.660 10.90
Cash Flow per Share 2 - 0.9400 0.8600 0.7800 1.010 1.240
Capex 1 - - 253 402 432 466
Capex / Sales - - 18.89% 24.13% 20.65% 17.82%
Announcement Date 9/15/22 4/17/23 4/17/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
25.27 CNY
Average target price
29.42 CNY
Spread / Average Target
+16.44%
Consensus

Annual profits - Rate of surprise

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