Financials Xiamen Intretech Inc.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 18:00:00 2024-06-23 EDT			5-day change	1st Jan Change
12.16 ^CNY	-3.95%		-5.74%	-37.54%

05-24	Xiamen Intretech Inc. Announces Final Cash Dividend on A Shares for 2023, Payable on 31 May 2024	CI
05-23	Xiamen Intretech Inc. Approves Cash Dividend for the Year 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	20,016	29,339	26,462	12,796	15,008	9,294	-	-
Enterprise Value (EV) ¹	20,016	29,339	26,462	12,796	15,008	9,294	9,294	9,294
P/E ratio	20.6 x	28.6 x	24.3 x	18.4 x	33.6 x	15.4 x	11.9 x	8.78 x
Yield	-	1.55%	-	4.84%	2.36%	5.88%	7.76%	12.3%
Capitalization / Revenue	5.19 x	5.53 x	3.75 x	2.94 x	3.89 x	1.88 x	1.52 x	1.22 x
EV / Revenue	5.19 x	5.53 x	3.75 x	2.94 x	3.89 x	1.88 x	1.52 x	1.22 x
EV / EBITDA	16.7 x	21.6 x	-	13.7 x	21.1 x	9.89 x	7.88 x	6.49 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	4.85 x	6.14 x	4.84 x	2.45 x	3.02 x	1.78 x	1.69 x	1.58 x
Nbr of stocks (in thousands)	774,216	775,331	777,609	774,589	770,818	775,818	-	-
Reference price ²	25.85	37.84	34.03	16.52	19.47	11.98	11.98	11.98
Announcement Date	2/28/20	2/25/21	4/22/22	4/28/23	4/26/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	3,854	5,310	7,061	4,345	3,860	4,936	6,123	7,611
EBITDA ¹	1,196	1,360	-	935.8	712.1	940	1,179	1,432
EBIT ¹	1,126	1,250	1,273	787.4	544.3	712.3	916.3	1,245
Operating Margin	29.21%	23.54%	18.03%	18.12%	14.1%	14.43%	14.97%	16.36%
Earnings before Tax (EBT) ¹	1,126	1,248	1,273	787	538.6	711.7	915.3	1,243
Net income ¹	973.2	1,025	1,093	693.4	450.5	606.3	781.3	1,068
Net margin	25.25%	19.3%	15.48%	15.96%	11.67%	12.28%	12.76%	14.03%
EPS ²	1.253	1.324	1.400	0.9000	0.5800	0.7800	1.003	1.365
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	0.5882	-	0.8000	0.4600	0.7050	0.9300	1.470
Announcement Date	2/28/20	2/25/21	4/22/22	4/28/23	4/26/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	25.4%	23.6%	21.6%	13%	8.74%	11.6%	14.2%	17.9%
ROA (Net income/ Total Assets)	-	15.8%	-	8.61%	5.96%	7.66%	9.29%	11.8%
Assets ¹	-	6,476	-	8,048	7,565	7,919	8,413	9,066
Book Value Per Share ²	5.330	6.160	7.030	6.740	6.450	6.740	7.070	7.610
Cash Flow per Share ²	0.9000	0.9000	1.300	1.550	0.8800	1.170	1.190	-
Capex ¹	-	200	461	483	463	447	419	225
Capex / Sales	-	3.77%	6.53%	11.12%	11.99%	9.05%	6.85%	2.95%
Announcement Date	2/28/20	2/25/21	4/22/22	4/28/23	4/26/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

11.98 CNY

Average target price

17.3 CNY

Spread / Average Target

+44.41%

	1st Jan change	Capi.
XIAMEN INTRETECH INC.	-37.54%	1.28B
PANASONIC HOLDINGS CORPORATION	-6.02%	19.33B
LG ELECTRONICS INC.	+8.25%	13.61B
DIXON TECHNOLOGIES (INDIA) LIMITED	+75.20%	8.38B
GN STORE NORD A/S	+18.63%	4.19B
SHARP CORPORATION	-2.10%	3.98B
HANGZHOU EZVIZ NETWORK CO., LTD.	+8.54%	3.77B
CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED	+37.01%	3.32B
SHENZHEN MTC CO., LTD.	-17.20%	2.83B
SICHUAN CHANGHONG ELECTRIC CO.,LTD.	-16.45%	2.81B