Financials ShaoYang Victor Hydraulics Co.,Ltd

Equities

301079

CNE100004S05

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 18:00:00 2024-05-09 EDT 5-day change 1st Jan Change
11.93 CNY -3.79% Intraday chart for ShaoYang Victor Hydraulics Co.,Ltd +1.71% -31.04%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,664 1,536 1,887
Enterprise Value (EV) 1 2,509 1,480 1,986
P/E ratio 41.2 x 30.5 x 288 x
Yield 0.31% 0.55% 0.06%
Capitalization / Revenue 7.1 x 5.11 x 6.84 x
EV / Revenue 6.69 x 4.92 x 7.2 x
EV / EBITDA 45.7 x 38.5 x 259 x
EV / FCF -60.9 x -10.4 x -16.5 x
FCF Yield -1.64% -9.62% -6.08%
Price to Book 6.07 x 3.2 x 3.91 x
Nbr of stocks (in thousands) 109,061 109,061 109,061
Reference price 2 24.42 14.08 17.30
Announcement Date 22-04-08 23-04-21 24-04-02
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 205 310.4 337.9 375.3 300.8 275.8
EBITDA 1 40.15 62.13 74.04 54.9 38.45 7.664
EBIT 1 32.58 53.92 65.59 47.96 31.8 -0.8745
Operating Margin 15.89% 17.37% 19.41% 12.78% 10.57% -0.32%
Earnings before Tax (EBT) 1 35 54.64 63.34 57.96 43.45 4.925
Net income 1 30.79 47.63 55.18 50.93 50.13 6.578
Net margin 15.02% 15.35% 16.33% 13.57% 16.66% 2.39%
EPS 2 0.3769 0.5846 0.8800 0.5923 0.4615 0.0600
Free Cash Flow 1 -3.55 -6.283 21.53 -41.21 -142.3 -120.7
FCF margin -1.73% -2.02% 6.37% -10.98% -47.31% -43.77%
FCF Conversion (EBITDA) - - 29.08% - - -
FCF Conversion (Net income) - - 39.02% - - -
Dividend per Share 2 0.3077 0.3846 - 0.0769 0.0769 0.0100
Announcement Date 19-04-24 20-04-22 21-04-25 22-04-08 23-04-21 24-04-02
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 22.2 37.3 35 - - 99.6
Net Cash position 1 - - - 155 56.2 -
Leverage (Debt/EBITDA) 0.5531 x 0.6008 x 0.4725 x - - 13 x
Free Cash Flow 1 -3.55 -6.28 21.5 -41.2 -142 -121
ROE (net income / shareholders' equity) 24.3% 33% 33.1% 16.5% 10.9% 1.37%
ROA (Net income/ Total Assets) 9.03% 12.5% 11.1% 5.52% 2.71% -0.07%
Assets 1 340.9 382.4 495.8 922.5 1,850 -9,907
Book Value Per Share 2 1.680 1.900 2.960 4.020 4.410 4.420
Cash Flow per Share 2 0.1000 0.3000 0.3500 0.4400 1.060 0.1000
Capex 1 4.16 9.89 4.67 14.4 170 163
Capex / Sales 2.03% 3.19% 1.38% 3.83% 56.56% 59.03%
Announcement Date 19-04-24 20-04-22 21-04-25 22-04-08 23-04-21 24-04-02
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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