Financials USPACE Technology Group Limited

Equities

1725

KYG4585K1031

Semiconductors

Market Closed - Hong Kong S.E. 04:08:17 2024-05-07 EDT 5-day change 1st Jan Change
1.73 HKD -1.70% Intraday chart for USPACE Technology Group Limited +1.17% -47.26%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022
Capitalization 1 382 584.5 328.2 6,886 1,673
Enterprise Value (EV) 1 257.4 487.7 174.7 7,032 2,221
P/E ratio 15.7 x 23 x 18.9 x -127 x -10.8 x
Yield - - - - -
Capitalization / Revenue 0.7 x 1.07 x 0.6 x 10.6 x 2.63 x
EV / Revenue 0.47 x 0.89 x 0.32 x 10.8 x 3.5 x
EV / EBITDA 9.25 x 13.5 x 6.45 x -201 x -19.7 x
EV / FCF -7.18 x -16.5 x 2.44 x -16.7 x -7.91 x
FCF Yield -13.9% -6.05% 41% -6% -12.6%
Price to Book 1.83 x 2.47 x 1.31 x 17.6 x 6.8 x
Nbr of stocks (in thousands) 300,000 300,000 300,000 309,000 309,000
Reference price 2 1.273 1.948 1.094 22.29 5.414
Announcement Date 19-04-16 20-04-07 21-04-28 22-04-28 23-04-28
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 370.2 546.7 546.3 547.8 650.2 635.4
EBITDA 1 35.56 27.82 36.13 27.09 -35.04 -112.9
EBIT 1 33.23 25.27 30.68 21.24 -43.13 -135.2
Operating Margin 8.98% 4.62% 5.62% 3.88% -6.63% -21.27%
Earnings before Tax (EBT) 1 33.75 25.33 29.19 20.33 -46.96 -153
Net income 1 28.51 20.59 25.46 17.32 -53.08 -154.3
Net margin 7.7% 3.77% 4.66% 3.16% -8.16% -24.28%
EPS 2 0.1267 0.0813 0.0849 0.0577 -0.1761 -0.4993
Free Cash Flow 1 2.348 -35.84 -29.51 71.67 -421.7 -280.8
FCF margin 0.63% -6.56% -5.4% 13.08% -64.85% -44.19%
FCF Conversion (EBITDA) 6.6% - - 264.58% - -
FCF Conversion (Net income) 8.24% - - 413.73% - -
Dividend per Share - - - - - -
Announcement Date 18-08-03 19-04-16 20-04-07 21-04-28 22-04-28 23-04-28
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - 146 548
Net Cash position 1 52.5 125 96.8 154 - -
Leverage (Debt/EBITDA) - - - - -4.177 x -4.859 x
Free Cash Flow 1 2.35 -35.8 -29.5 71.7 -422 -281
ROE (net income / shareholders' equity) 43.3% 13.9% 11.4% 7.12% -16.5% -48.4%
ROA (Net income/ Total Assets) 11.8% 5.64% 4.67% 2.6% -3.55% -7.79%
Assets 1 240.6 364.8 545 665.8 1,494 1,980
Book Value Per Share 2 0.3800 0.7000 0.7900 0.8300 1.270 0.8000
Cash Flow per Share 2 0.2400 0.4600 0.3600 0.6000 0.3000 0.1300
Capex 1 5.09 39.8 4.71 42.5 257 195
Capex / Sales 1.38% 7.28% 0.86% 7.75% 39.57% 30.62%
Announcement Date 18-08-03 19-04-16 20-04-07 21-04-28 22-04-28 23-04-28
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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