Financials Ningbo Ronbay New Energy Technology Co.,Ltd.

Equities

688005

CNE100003MS6

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 18:00:00 2024-04-29 EDT 5-day change 1st Jan Change
30.57 CNY -3.23% Intraday chart for Ningbo Ronbay New Energy Technology Co.,Ltd. +4.05% -23.19%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 14,748 22,847 51,784 30,998 19,272 14,803 - -
Enterprise Value (EV) 1 14,748 22,847 50,354 29,090 19,272 17,310 17,882 17,600
P/E ratio 158 x 107 x 56.7 x 22.7 x 31.3 x 13.3 x 11 x 10.5 x
Yield - 0.17% 0.18% 0.44% - 0.89% 1.27% 1.92%
Capitalization / Revenue 3.52 x 6.03 x 4.95 x 1.03 x 0.84 x 0.68 x 0.52 x 0.49 x
EV / Revenue 3.52 x 6.03 x 4.81 x 0.96 x 0.84 x 0.8 x 0.63 x 0.58 x
EV / EBITDA 71.6 x 58.9 x 42.2 x 15.1 x 16.4 x 7.11 x 6 x 5.29 x
EV / FCF - - -24 x -8.73 x - -8.38 x -25.4 x -56.7 x
FCF Yield - - -4.16% -11.5% - -11.9% -3.94% -1.76%
Price to Book 3.42 x 5.09 x 9.55 x 4.44 x 2.21 x 1.55 x 1.38 x 1.34 x
Nbr of stocks (in thousands) 443,286 443,286 448,038 450,883 484,224 484,224 - -
Reference price 2 33.27 51.54 115.6 68.75 39.80 30.57 30.57 30.57
Announcement Date 20-04-28 21-02-25 22-02-24 23-02-24 24-01-24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,190 3,788 10,464 30,146 22,873 21,730 28,548 30,113
EBITDA 1 206 387.9 1,194 1,932 1,178 2,435 2,979 3,329
EBIT 1 98.69 249.8 1,042 1,645 768.6 1,278 1,708 1,843
Operating Margin 2.36% 6.59% 9.96% 5.46% 3.36% 5.88% 5.98% 6.12%
Earnings before Tax (EBT) 1 96.66 232 1,042 1,610 790.8 1,122 1,543 1,700
Net income 1 87.42 213.4 911.4 1,361 593.1 958.7 1,299 1,389
Net margin 2.09% 5.63% 8.71% 4.51% 2.59% 4.41% 4.55% 4.61%
EPS 2 0.2100 0.4800 2.040 3.030 1.270 2.296 2.789 2.905
Free Cash Flow 1 - - -2,096 -3,332 - -2,065 -704 -310.5
FCF margin - - -20.03% -11.05% - -9.5% -2.47% -1.03%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 0.0900 0.2050 0.3020 - 0.2708 0.3885 0.5862
Announcement Date 20-04-28 21-02-25 22-02-24 23-02-24 24-01-24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 Q2 2024 Q1
Net sales 1 - - 3,692
EBITDA - - -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) 1 - - -31.86
Net income 310.9 379.3 -
Net margin - - -
EPS - 0.1600 -
Dividend per Share - - -
Announcement Date 23-04-20 23-07-28 24-04-29
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - 2,508 3,079 2,797
Net Cash position 1 - - 1,430 1,908 - - - -
Leverage (Debt/EBITDA) - - - - - 1.03 x 1.034 x 0.8401 x
Free Cash Flow 1 - - -2,096 -3,332 - -2,065 -704 -311
ROE (net income / shareholders' equity) 2.35% 4.83% 18.1% 22% 7.87% 12% 12.9% 12.1%
ROA (Net income/ Total Assets) 1.73% 3.57% 8.69% 6.72% 2.37% 2.7% 4.03% 4.56%
Assets 1 5,056 5,975 10,484 20,256 25,071 35,488 32,283 30,459
Book Value Per Share 2 9.730 10.10 12.10 15.50 18.00 19.70 22.20 22.80
Cash Flow per Share 2 0.2600 1.600 -0.4200 -0.5300 - 5.150 5.900 7.510
Capex 1 263 314 1,904 3,091 - 1,940 1,744 1,623
Capex / Sales 6.29% 8.3% 18.2% 10.25% - 8.93% 6.11% 5.39%
Announcement Date 20-04-28 21-02-25 22-02-24 23-02-24 24-01-24 - - -
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
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
30.57 CNY
Average target price
44.6 CNY
Spread / Average Target
+45.89%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 688005 Stock
  4. Financials Ningbo Ronbay New Energy Technology Co.,Ltd.