CHINA XD ELECTRIC CO., LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.26 CNY | +0.14% |
|
+7.08% | +47.26% |
| May. 09 | China XD Electric Wins State Grid Procurement Tender for 1.4 Billion Yuan | MT |
| Apr. 29 | China XD Electric Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 18,658 | 23,630 | 25,271 | 37,214 | - | - |
| Enterprise Value (EV) 1 | 15,863 | 23,630 | 25,271 | 37,214 | 37,214 | 37,214 |
| P/E ratio | 44.9 x | 38.6 x | 28.5 x | 30.9 x | 23.6 x | 20.7 x |
| Yield | 1.37% | - | 1.34% | 1.31% | 1.79% | 1.93% |
| Capitalization / Revenue | 1.22 x | - | 1.21 x | 1.46 x | 1.25 x | 1.12 x |
| EV / Revenue | 1.22 x | - | 1.21 x | 1.46 x | 1.25 x | 1.12 x |
| EV / EBITDA | 15.6 x | - | - | 16.6 x | 13.5 x | 13.3 x |
| EV / FCF | - | - | 28 x | -132 x | 22 x | 150 x |
| FCF Yield | - | - | 3.58% | -0.76% | 4.55% | 0.66% |
| Price to Book | 0.94 x | - | 1.17 x | 1.65 x | 1.58 x | 1.5 x |
| Nbr of stocks (in thousands) | 5,125,882 | 5,125,882 | 5,125,882 | 5,125,882 | - | - |
| Reference price 2 | 3.640 | 4.610 | 4.930 | 7.260 | 7.260 | 7.260 |
| Announcement Date | 4/29/20 | 4/20/23 | 4/10/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | 15,283 | - | 20,848 | 25,562 | 29,688 | 33,331 |
| EBITDA 1 | 1,199 | - | - | 2,240 | 2,748 | 2,790 |
| EBIT 1 | 444.9 | - | 1,094 | 1,538 | 1,988 | 2,261 |
| Operating Margin | 2.91% | - | 5.25% | 6.02% | 6.7% | 6.78% |
| Earnings before Tax (EBT) 1 | 473.8 | - | 1,107 | 1,578 | 2,037 | 2,324 |
| Net income 1 | 413.2 | 612.4 | 885.2 | 1,214 | 1,580 | 1,800 |
| Net margin | 2.7% | - | 4.25% | 4.75% | 5.32% | 5.4% |
| EPS 2 | 0.0810 | 0.1195 | 0.1727 | 0.2350 | 0.3075 | 0.3500 |
| Free Cash Flow 1 | - | - | 903.7 | -281.5 | 1,692 | 247.4 |
| FCF margin | - | - | 4.33% | -1.1% | 5.7% | 0.74% |
| FCF Conversion (EBITDA) | - | - | - | - | 61.57% | 8.87% |
| FCF Conversion (Net income) | - | - | 102.09% | - | 107.04% | 13.75% |
| Dividend per Share 2 | 0.0500 | - | 0.0660 | 0.0950 | 0.1300 | 0.1400 |
| Announcement Date | 4/29/20 | 4/20/23 | 4/10/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - |
| Net Cash position | 2,795 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 904 | -282 | 1,692 | 247 |
| ROE (net income / shareholders' equity) | 2.1% | - | 4.14% | 5.45% | 6.78% | 7.33% |
| ROA (Net income/ Total Assets) | - | - | - | 2.6% | 3.15% | 2.9% |
| Assets 1 | - | - | - | 46,673 | 50,175 | 62,069 |
| Book Value Per Share 2 | 3.870 | - | 4.220 | 4.400 | 4.610 | 4.830 |
| Cash Flow per Share 2 | - | - | 0.2400 | 0.2500 | 0.3800 | 0.1700 |
| Capex 1 | 234 | - | 311 | 550 | 933 | 660 |
| Capex / Sales | 1.53% | - | 1.49% | 2.15% | 3.14% | 1.98% |
| Announcement Date | 4/29/20 | 4/20/23 | 4/10/24 | - | - | - |
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
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
7.26
CNY
Average target price
8.347
CNY
Spread / Average Target
+14.97%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +47.26% | 5.14B | |
| +35.23% | 104B | |
| +70.82% | 29.32B | |
| +75.25% | 20.48B | |
| +46.03% | 12.14B | |
| +20.57% | 8.91B | |
| +34.53% | 7.77B | |
| -5.52% | 7.35B | |
| +126.91% | 5.97B | |
| +46.17% | 4.51B |
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