ZHEJIANG FENGLONG ELECTRIC CO., LTD. Financials Zhejiang Fenglong Electric Co., Ltd.
Equities
002931
CNE1000033P9
Industrial Machinery & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.92 CNY | +1.73% |
|
-3.15% | -15.72% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,904 | 2,631 | 2,564 | 2,806 | 1,962 | 3,090 |
| Enterprise Value (EV) 1 | 2,666 | 2,425 | 2,382 | 2,810 | 1,954 | 3,007 |
| P/E ratio | 59.4 x | 45.7 x | 33.4 x | 38.1 x | 43.5 x | -383 x |
| Yield | 1.37% | 1.14% | 1.16% | 0.71% | - | - |
| Capitalization / Revenue | 9.21 x | 6.42 x | 4.68 x | 3.9 x | 3.34 x | 7.13 x |
| EV / Revenue | 8.46 x | 5.91 x | 4.35 x | 3.9 x | 3.33 x | 6.94 x |
| EV / EBITDA | 48.4 x | 30.9 x | 19.4 x | 21.8 x | 30.8 x | 133 x |
| EV / FCF | -52.4 x | -802 x | -171 x | -31.1 x | 395 x | 1,016 x |
| FCF Yield | -1.91% | -0.12% | -0.59% | -3.22% | 0.25% | 0.1% |
| Price to Book | 5.85 x | 4.91 x | 4.27 x | 4.14 x | 2.77 x | 4.05 x |
| Nbr of stocks (in thousands) | 199,091 | 199,091 | 199,091 | 199,140 | 195,983 | 201,580 |
| Reference price 2 | 14.58 | 13.21 | 12.88 | 14.09 | 10.01 | 15.33 |
| Announcement Date | 4/29/19 | 4/23/20 | 4/22/21 | 4/22/22 | 4/22/23 | 3/25/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 315.2 | 410.1 | 548.1 | 719.6 | 587.3 | 433.3 |
| EBITDA 1 | 55.08 | 78.57 | 122.5 | 128.8 | 63.37 | 22.63 |
| EBIT 1 | 40.8 | 58.02 | 97.7 | 101.4 | 33.81 | -7.301 |
| Operating Margin | 12.95% | 14.15% | 17.83% | 14.09% | 5.76% | -1.68% |
| Earnings before Tax (EBT) 1 | 52.79 | 68.93 | 97.1 | 99.59 | 49.66 | -2.881 |
| Net income 1 | 45.76 | 57.6 | 77.15 | 79.22 | 48.59 | -7.04 |
| Net margin | 14.52% | 14.05% | 14.08% | 11.01% | 8.27% | -1.62% |
| EPS 2 | 0.2455 | 0.2893 | 0.3857 | 0.3700 | 0.2300 | -0.0400 |
| Free Cash Flow 1 | -50.93 | -3.022 | -13.95 | -90.47 | 4.949 | 2.961 |
| FCF margin | -16.16% | -0.74% | -2.54% | -12.57% | 0.84% | 0.68% |
| FCF Conversion (EBITDA) | - | - | - | - | 7.81% | 13.08% |
| FCF Conversion (Net income) | - | - | - | - | 10.18% | - |
| Dividend per Share 2 | 0.2000 | 0.1500 | 0.1500 | 0.1000 | - | - |
| Announcement Date | 4/29/19 | 4/23/20 | 4/22/21 | 4/22/22 | 4/22/23 | 3/25/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 3.66 | - | - |
| Net Cash position 1 | 237 | 206 | 182 | - | 7.48 | 83 |
| Leverage (Debt/EBITDA) | - | - | - | 0.0284 x | - | - |
| Free Cash Flow 1 | -50.9 | -3.02 | -13.9 | -90.5 | 4.95 | 2.96 |
| ROE (net income / shareholders' equity) | 12.7% | 11% | 13.3% | 13.3% | 7.07% | -0.95% |
| ROA (Net income/ Total Assets) | 5.35% | 5.17% | 7.05% | 5.75% | 1.75% | -0.4% |
| Assets 1 | 855.8 | 1,115 | 1,095 | 1,377 | 2,771 | 1,753 |
| Book Value Per Share 2 | 2.490 | 2.690 | 3.010 | 3.410 | 3.610 | 3.790 |
| Cash Flow per Share 2 | 0.8100 | 0.5000 | 0.7000 | 0.6900 | 0.8600 | 0.7100 |
| Capex 1 | 46 | 39.6 | 40.4 | 130 | 98.1 | 63.4 |
| Capex / Sales | 14.6% | 9.65% | 7.38% | 18.11% | 16.71% | 14.64% |
| Announcement Date | 4/29/19 | 4/23/20 | 4/22/21 | 4/22/22 | 4/22/23 | 3/25/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -15.72% | 357M | |
| +22.87% | 9.25B | |
| +15.53% | 5.05B | |
| +9.21% | 4.92B | |
| +29.58% | 4.55B | |
| -21.20% | 2.98B | |
| +1.49% | 2.61B | |
| -23.85% | 2.55B | |
| +0.36% | 2.42B | |
| +9.02% | 2.08B |
- Stock Market
- Equities
- 002931 Stock
- Financials Zhejiang Fenglong Electric Co., Ltd.