Financials Xiangyang Automobile Bearing Co., Ltd.

Equities

000678

CNE0000008Z2

Auto, Truck & Motorcycle Parts

End-of-day quote Shenzhen S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
4.39 CNY +0.92% Intraday chart for Xiangyang Automobile Bearing Co., Ltd. -1.57% -32.15%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,298 3,190 2,206 2,146 2,597 2,974
Enterprise Value (EV) 1 2,967 3,839 2,900 2,749 3,018 3,322
P/E ratio -38.5 x 231 x -24 x -42.5 x -20.9 x -53.9 x
Yield - - - - - -
Capitalization / Revenue 1.54 x 2.57 x 1.85 x 1.63 x 2.3 x 2.13 x
EV / Revenue 1.99 x 3.09 x 2.43 x 2.09 x 2.67 x 2.38 x
EV / EBITDA 44.7 x 58.2 x 617 x 30.4 x -1,715 x 62.7 x
EV / FCF 23.3 x 89 x 2,229 x 24.4 x 14.5 x 28.2 x
FCF Yield 4.29% 1.12% 0.04% 4.1% 6.92% 3.54%
Price to Book 1.94 x 2.66 x 2.02 x 2.07 x 2.98 x 3.55 x
Nbr of stocks (in thousands) 459,612 459,612 459,612 459,612 459,612 459,612
Reference price 2 5.000 6.940 4.800 4.670 5.650 6.470
Announcement Date 19-04-26 20-04-28 21-04-27 22-04-28 23-04-27 24-04-25
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,491 1,241 1,192 1,318 1,131 1,394
EBITDA 1 66.32 65.99 4.699 90.54 -1.76 53.02
EBIT 1 -48.62 -42.27 -98.38 -24.54 -113.1 -49.96
Operating Margin -3.26% -3.41% -8.26% -1.86% -10% -3.58%
Earnings before Tax (EBT) 1 -53.1 13.33 -98.32 -47.4 -132.8 -53.4
Net income 1 -59.68 12.26 -91.31 -49.65 -124.6 -53.72
Net margin -4% 0.99% -7.66% -3.77% -11.02% -3.85%
EPS 2 -0.1300 0.0300 -0.2000 -0.1100 -0.2700 -0.1200
Free Cash Flow 1 127.1 43.13 1.301 112.7 208.8 117.7
FCF margin 8.53% 3.47% 0.11% 8.56% 18.47% 8.44%
FCF Conversion (EBITDA) 191.68% 65.36% 27.69% 124.51% - 221.93%
FCF Conversion (Net income) - 351.7% - - - -
Dividend per Share - - - - - -
Announcement Date 19-04-26 20-04-28 21-04-27 22-04-28 23-04-27 24-04-25
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 668 649 694 602 421 348
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.08 x 9.841 x 147.6 x 6.653 x -239.2 x 6.562 x
Free Cash Flow 1 127 43.1 1.3 113 209 118
ROE (net income / shareholders' equity) -4.34% 1.05% -7.73% -4.34% -12.3% -6.35%
ROA (Net income/ Total Assets) -1.09% -0.97% -2.32% -0.61% -2.91% -1.3%
Assets 1 5,458 -1,265 3,929 8,177 4,278 4,119
Book Value Per Share 2 2.580 2.610 2.370 2.250 1.900 1.830
Cash Flow per Share 2 0.4000 0.3300 0.2100 0.2900 0.4300 0.3900
Capex 1 32.2 46.5 14.7 5 9.25 10.1
Capex / Sales 2.16% 3.75% 1.24% 0.38% 0.82% 0.73%
Announcement Date 19-04-26 20-04-28 21-04-27 22-04-28 23-04-27 24-04-25
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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