Financials Zhuhai Bojay Electronics Co.,Ltd.

Equities

002975

CNE100003S30

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 18:00:00 2024-06-27 EDT 5-day change 1st Jan Change
29.88 CNY +2.50% Intraday chart for Zhuhai Bojay Electronics Co.,Ltd. +0.67% -21.78%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 15,436 8,873 4,390 5,285
Enterprise Value (EV) 1 14,691 8,076 3,812 4,821
P/E ratio 44.8 x 36.3 x 21.7 x -93.2 x
Yield 0.66% 0.55% - -
Capitalization / Revenue 11.2 x 7.31 x 3.61 x 5.84 x
EV / Revenue 10.7 x 6.65 x 3.13 x 5.32 x
EV / EBITDA 35.5 x 30.9 x 17.8 x -74.8 x
EV / FCF 147 x -3,312 x -25.5 x -107 x
FCF Yield 0.68% -0.03% -3.92% -0.94%
Price to Book 11.4 x 5.55 x 2.56 x 3.21 x
Nbr of stocks (in thousands) 138,933 139,688 138,617 138,361
Reference price 2 111.1 63.52 31.67 38.20
Announcement Date 4/19/21 4/26/22 4/26/23 4/28/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 687.4 824.9 1,376 1,214 1,217 905.4
EBITDA 1 144 167.1 414.4 261.4 214.2 -64.44
EBIT 1 120.4 158.6 404.5 251.6 198.2 -85.59
Operating Margin 17.51% 19.22% 29.4% 20.73% 16.29% -9.45%
Earnings before Tax (EBT) 1 128.9 168.9 396 277.2 210.3 -101.3
Net income 1 111.6 150.4 341.2 243.3 202 -57.23
Net margin 16.24% 18.23% 24.8% 20.04% 16.6% -6.32%
EPS 2 1.085 1.445 2.480 1.750 1.460 -0.4100
Free Cash Flow 1 -68.56 47.59 100.1 -2.438 -149.5 -45.25
FCF margin -9.97% 5.77% 7.27% -0.2% -12.28% -5%
FCF Conversion (EBITDA) - 28.48% 24.15% - - -
FCF Conversion (Net income) - 31.64% 29.33% - - -
Dividend per Share 2 0.0950 0.3600 0.7330 0.3500 - -
Announcement Date 6/21/19 4/21/20 4/19/21 4/26/22 4/26/23 4/28/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 23.1 127 745 797 578 465
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -68.6 47.6 100 -2.44 -149 -45.2
ROE (net income / shareholders' equity) 35% 32.6% 36.5% 17% 11.9% -4.81%
ROA (Net income/ Total Assets) 14.9% 14.7% 20.8% 7.61% 4.91% -2.01%
Assets 1 747.8 1,021 1,639 3,196 4,114 2,851
Book Value Per Share 2 3.790 5.130 9.710 11.40 12.40 11.90
Cash Flow per Share 2 0.6600 0.6900 2.900 7.430 2.990 5.790
Capex 1 52.7 72.6 86.3 152 130 133
Capex / Sales 7.67% 8.8% 6.27% 12.55% 10.67% 14.71%
Announcement Date 6/21/19 4/21/20 4/19/21 4/26/22 4/26/23 4/28/24
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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