Financials Nanjing Develop Advanced Manufacturing Co., Ltd.

Equities

688377

CNE100004249

Industrial Machinery & Equipment

End-of-day quote Shanghai S.E. 18:00:00 2024-06-24 EDT 5-day change 1st Jan Change
13.26 CNY -1.34% Intraday chart for Nanjing Develop Advanced Manufacturing Co., Ltd. -8.68% -50.56%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 3,671 3,623 8,485 5,174
Enterprise Value (EV) 1 2,980 3,088 8,144 4,898
P/E ratio 39.3 x 109 x 69.8 x 36.7 x
Yield 0.85% - 0.36% 0.86%
Capitalization / Revenue 5.18 x 6.86 x 8.63 x 4.28 x
EV / Revenue 4.21 x 5.85 x 8.29 x 4.05 x
EV / EBITDA 21.4 x 55.7 x 53.9 x 22.9 x
EV / FCF -105 x -26.6 x -34.1 x -121 x
FCF Yield -0.95% -3.75% -2.93% -0.83%
Price to Book 2.42 x 2.41 x 5.23 x 2.97 x
Nbr of stocks (in thousands) 194,667 194,667 192,923 192,923
Reference price 2 18.86 18.61 43.98 26.82
Announcement Date 21-03-30 22-04-21 23-04-20 24-04-19
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 502.5 693.9 708.1 527.9 982.8 1,210
EBITDA 1 93.39 151.3 139.4 55.45 151.1 213.7
EBIT 1 60.94 116.9 98.68 22 111.9 152.7
Operating Margin 12.13% 16.85% 13.94% 4.17% 11.39% 12.62%
Earnings before Tax (EBT) 1 59.71 107.2 88.4 31.52 134.5 161.4
Net income 1 51.88 94.82 80.26 32.19 121.5 142.4
Net margin 10.32% 13.66% 11.33% 6.1% 12.36% 11.77%
EPS 2 0.3600 0.6500 0.4800 0.1700 0.6300 0.7300
Free Cash Flow 1 -41.94 -10.6 -28.37 -115.9 -238.7 -40.54
FCF margin -8.35% -1.53% -4.01% -21.96% -24.29% -3.35%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.1600 - 0.1600 0.2300
Announcement Date 20-06-15 20-06-15 21-03-30 22-04-21 23-04-20 24-04-19
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 65.4 50.3 - - - -
Net Cash position 1 - - 692 534 341 276
Leverage (Debt/EBITDA) 0.7007 x 0.3324 x - - - -
Free Cash Flow 1 -41.9 -10.6 -28.4 -116 -239 -40.5
ROE (net income / shareholders' equity) 8.77% 13.9% 6.92% 2% 7.8% 8.47%
ROA (Net income/ Total Assets) 4.01% 6.67% 4.04% 0.73% 3.32% 3.96%
Assets 1 1,293 1,422 1,985 4,426 3,664 3,601
Book Value Per Share 2 4.290 4.880 7.790 7.720 8.410 9.030
Cash Flow per Share 2 0.7800 0.8200 0.9900 1.000 1.740 1.550
Capex 1 33.8 49.3 118 213 186 265
Capex / Sales 6.73% 7.1% 16.71% 40.4% 18.96% 21.88%
Announcement Date 20-06-15 20-06-15 21-03-30 22-04-21 23-04-20 24-04-19
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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