Financials Suzhou Oriental Semiconductor Company Limited

Equities

688261

CNE100005XX8

Semiconductors

End-of-day quote Shanghai S.E. 18:00:00 2024-05-22 EDT 5-day change 1st Jan Change
49.03 CNY -2.21% Intraday chart for Suzhou Oriental Semiconductor Company Limited +1.07% -41.34%

Valuation

Fiscal Period: December 2022 2023 2024 2025
Capitalization 1 15,968 7,885 4,613 -
Enterprise Value (EV) 1 13,666 7,885 4,613 4,613
P/E ratio 55 x 56.5 x 19.5 x 17.4 x
Yield 0.62% 0.21% 2.06% -
Capitalization / Revenue 14.3 x 8.11 x 3.79 x 2.95 x
EV / Revenue 14.3 x 8.11 x 3.79 x 2.95 x
EV / EBITDA 48.4 x 50.5 x 21.4 x 25.5 x
EV / FCF 122 x - 45.7 x 28.3 x
FCF Yield 0.82% - 2.19% 3.53%
Price to Book 5.63 x 2.76 x 1.46 x 1.34 x
Nbr of stocks (in thousands) 94,327 94,327 94,095 -
Reference price 2 169.3 83.59 49.03 49.03
Announcement Date 23-02-27 24-02-23 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 782.1 1,116 972.1 1,217 1,563
EBITDA 1 - 165.3 330.1 156.1 215.7 181
EBIT 1 - 168.8 326.9 150.3 269.5 302.9
Operating Margin - 21.58% 29.28% 15.46% 22.14% 19.39%
Earnings before Tax (EBT) 1 - 168.8 327.1 150.3 270.6 303.8
Net income 1 27.68 146.9 284.4 140.2 236.7 324
Net margin - 18.78% 25.47% 14.42% 19.45% 20.74%
EPS 2 0.4286 2.079 3.079 1.480 2.510 2.820
Free Cash Flow 1 - - 130.8 - 101 163
FCF margin - - 11.71% - 8.3% 10.43%
FCF Conversion (EBITDA) - - 39.61% - 46.82% 90.08%
FCF Conversion (Net income) - - 45.98% - 42.66% 50.3%
Dividend per Share 2 - 0.2357 1.054 0.1786 1.010 -
Announcement Date 21-06-17 22-02-24 23-02-27 24-02-23 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 S1 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 S2
Net sales 1 - 260.6 - 326.3 - - - 202.2 439.8
EBITDA - - - - - - - - -
EBIT - - - 95.21 - - - - -
Operating Margin - - - 29.18% - - - - -
Earnings before Tax (EBT) 1 - - - 95.44 - - - 6.333 -
Net income 1 47.74 69.04 116.8 84.32 71.13 29.01 31.51 8.545 -
Net margin - 26.49% - 25.84% - - - 4.23% -
EPS 2 0.5500 - 1.293 0.9000 0.7571 0.3000 0.3400 0.0800 -
Dividend per Share - - - - - - - - -
Announcement Date 22-04-27 22-08-26 22-08-26 23-02-27 23-04-27 23-08-24 23-10-30 24-02-23 24-02-23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - 2,302 - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - 131 - 101 163
ROE (net income / shareholders' equity) - 29.8% 11.2% 4.93% 7.81% 7.9%
ROA (Net income/ Total Assets) - - 16% 4.72% 8.7% -
Assets 1 - - 1,778 2,969 2,721 -
Book Value Per Share 2 - 8.000 30.00 30.30 33.60 36.60
Cash Flow per Share 2 - 1.840 1.500 0.7500 -0.7900 3.180
Capex 1 - 5.1 10.9 75.2 15 17
Capex / Sales - 0.65% 0.97% 7.74% 1.23% 1.09%
Announcement Date 21-06-17 22-02-24 23-02-27 24-02-23 - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
49.03 CNY
Average target price
89.86 CNY
Spread / Average Target
+83.27%
Consensus
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