Financials Zhejiang Hechuan Technology Co., Ltd.

Equities

688320

CNE100005R05

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 18:00:00 2024-06-06 EDT 5-day change 1st Jan Change
24.78 CNY +0.04% Intraday chart for Zhejiang Hechuan Technology Co., Ltd. -7.95% -39.56%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 7,067 6,192 3,742 - -
Enterprise Value (EV) 1 6,716 6,167 3,892 3,992 3,942
P/E ratio 72 x 117 x 59 x 28.4 x 30.2 x
Yield 0.38% 0.27% 0.4% 0.94% 0.48%
Capitalization / Revenue 7.48 x 5.55 x 3.13 x 2.1 x 2.26 x
EV / Revenue 7.11 x 5.52 x 3.25 x 2.24 x 2.38 x
EV / EBITDA 57.3 x 69 x 31.7 x 19.2 x 19.6 x
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book 4.6 x 3.95 x 2.31 x 2.1 x -
Nbr of stocks (in thousands) 151,014 151,014 151,014 - -
Reference price 2 46.80 41.00 24.78 24.78 24.78
Announcement Date 23-02-27 24-02-23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 944.3 1,116 1,197 1,781 1,658
EBITDA 1 - 117.1 89.44 122.9 207.5 200.7
EBIT 1 - 88.56 49.31 66 112.2 85.41
Operating Margin - 9.38% 4.42% 5.51% 6.3% 5.15%
Earnings before Tax (EBT) 1 - 88.04 48.32 63.37 129.9 130.7
Net income 1 110 90.38 53.56 63.32 131.9 124.2
Net margin - 9.57% 4.8% 5.29% 7.41% 7.49%
EPS 2 0.9700 0.6500 0.3500 0.4200 0.8733 0.8200
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - 0.1800 0.1100 0.1000 0.2333 0.1200
Announcement Date 22-04-10 23-02-27 24-02-23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 242.7 275.5 326.2 283.4 231.4 205.3 277.2 340 368.3
EBITDA - - - - - - - - - -
EBIT 1 - - 22.45 27.65 13.35 -14.13 -16.53 -10.41 0.364 45.54
Operating Margin - - 8.15% 8.48% 4.71% -6.1% -8.05% -3.75% 0.11% 12.37%
Earnings before Tax (EBT) - - - - - - - - - -
Net income 33.22 - - - - - - - - -
Net margin - - - - - - - - - -
EPS 2 0.2200 -0.0200 0.1400 0.1900 0.0900 -0.0700 -0.1000 0.0100 0.0700 0.4100
Dividend per Share - - - - - - - - - -
Announcement Date 22-10-30 23-02-27 23-04-27 23-08-29 23-10-27 24-02-23 24-04-25 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 150 250 200
Net Cash position 1 - 352 24.3 - - -
Leverage (Debt/EBITDA) - - - 1.219 x 1.205 x 0.9974 x
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 7.41% 3.45% 4.3% 8.25% -
ROA (Net income/ Total Assets) - - 2.5% 3.1% 4.83% -
Assets 1 - - 2,139 2,043 2,730 -
Book Value Per Share 2 - 10.20 10.40 10.70 11.80 -
Cash Flow per Share 2 - -1.610 -0.3100 1.270 1.300 -
Capex 1 - 243 234 157 127 -
Capex / Sales - 25.72% 20.97% 13.11% 7.13% -
Announcement Date 22-04-10 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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
24.78 CNY
Average target price
23.1 CNY
Spread / Average Target
-6.78%
Consensus
  1. Stock Market
  2. Equities
  3. 688320 Stock
  4. Financials Zhejiang Hechuan Technology Co., Ltd.