Financials Piotech Inc.

Equities

688072

CNE100005998

Semiconductor Equipment & Testing

End-of-day quote Shanghai S.E. 18:00:00 2024-07-18 EDT 5-day change 1st Jan Change
133.3 CNY +1.30% Intraday chart for Piotech Inc. +13.75% -14.73%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 27,414 43,297 37,051 - -
Enterprise Value (EV) 1 24,259 42,599 33,076 32,359 37,051
P/E ratio 68.4 x 65.2 x 41.9 x 29.9 x 23.3 x
Yield 0.12% 0.15% 0.2% 0.27% 0.35%
Capitalization / Revenue 16.1 x 16 x 9.25 x 6.69 x 5.19 x
EV / Revenue 14.2 x 15.7 x 8.26 x 5.84 x 5.19 x
EV / EBITDA 63.1 x 54.8 x 32.7 x 23.6 x 19.5 x
EV / FCF 178 x -19.9 x -27.1 x 335 x -109 x
FCF Yield 0.56% -5.02% -3.69% 0.3% -0.91%
Price to Book 7.39 x 9.47 x 6.46 x 5.44 x 4.34 x
Nbr of stocks (in thousands) 277,039 277,039 278,037 - -
Reference price 2 98.95 156.3 133.3 133.3 133.3
Announcement Date 23-02-26 24-02-26 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 758 1,706 2,705 4,006 5,538 7,143
EBITDA 1 - 384.5 777.5 1,013 1,371 1,901
EBIT 1 - 356.5 730.7 876.5 1,231 1,680
Operating Margin - 20.9% 27.01% 21.88% 22.23% 23.52%
Earnings before Tax (EBT) 1 - 364.2 730.6 879.4 1,239 1,751
Net income 1 68.49 368.5 664.7 837 1,171 1,597
Net margin 9.04% 21.61% 24.57% 20.89% 21.15% 22.35%
EPS 2 - 1.447 2.399 3.177 4.462 5.723
Free Cash Flow 1 - 136.6 -2,138 -1,219 96.6 -339
FCF margin - 8.01% -79.05% -30.43% 1.74% -4.75%
FCF Conversion (EBITDA) - 35.54% - - 7.05% -
FCF Conversion (Net income) - 37.08% - - 8.25% -
Dividend per Share 2 - 0.1187 0.2365 0.2725 0.3626 0.4617
Announcement Date 22-04-13 23-02-26 24-02-26 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 - 714 - 1,002 - 843.3
EBITDA - - - - - -
EBIT - 129.8 - - - -
Operating Margin - 18.17% - - - -
Earnings before Tax (EBT) - 129.4 - - - -
Net income 129.4 131 146.5 - - -
Net margin - 18.35% - - - -
EPS 0.4657 - 0.3108 - 0.0405 -
Dividend per Share - - - - - -
Announcement Date 22-10-28 23-02-26 23-10-29 24-02-26 24-04-29 -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 - 3,155 697 3,975 4,692 -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - 137 -2,138 -1,219 96.6 -339
ROE (net income / shareholders' equity) - 13.1% 16.1% 15.9% 18.6% 19.9%
ROA (Net income/ Total Assets) - 7.5% 7.67% 6.88% 8.28% 9%
Assets 1 - 4,916 8,669 12,159 14,141 17,747
Book Value Per Share 2 - 13.40 16.50 20.60 24.50 30.70
Cash Flow per Share 2 - 0.8900 -5.950 5.870 3.020 5.420
Capex 1 - 111 481 434 400 458
Capex / Sales - 6.51% 17.77% 10.82% 7.22% 6.41%
Announcement Date 22-04-13 23-02-26 24-02-26 - - -
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
11
Last Close Price
133.3 CNY
Average target price
199.9 CNY
Spread / Average Target
+50.01%
Consensus
  1. Stock Market
  2. Equities
  3. 688072 Stock
  4. Financials Piotech Inc.