Financials Shenzhen Sine Electric Co.,Ltd.

Equities

688395

CNE1000052H6

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
15.57 CNY -1.02% Intraday chart for Shenzhen Sine Electric Co.,Ltd. -3.23% -32.27%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,448 1,553 1,977
Enterprise Value (EV) 1 2,041 1,094 1,638
P/E ratio 30.6 x 34.1 x 39 x
Yield 0.9% 0.89% 0.87%
Capitalization / Revenue 5.49 x 4.47 x 5.3 x
EV / Revenue 4.58 x 3.15 x 4.39 x
EV / EBITDA 26.4 x 27.4 x 31.6 x
EV / FCF -749 x 23.6 x -37.3 x
FCF Yield -0.13% 4.23% -2.68%
Price to Book 3.71 x 2.28 x 2.72 x
Nbr of stocks (in thousands) 86,000 86,000 86,000
Reference price 2 28.46 18.06 22.99
Announcement Date 4/20/22 4/20/23 4/24/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 221.5 281.1 402.9 445.5 347.5 373.2
EBITDA 1 43.92 62.3 81.25 77.18 39.87 51.76
EBIT 1 40.09 58.81 74.97 70.75 32.63 43.62
Operating Margin 18.1% 20.92% 18.61% 15.88% 9.39% 11.69%
Earnings before Tax (EBT) 1 48.69 64.65 77.63 80.33 53.87 56.12
Net income 1 42 55.98 70.36 73.19 45.82 51.12
Net margin 18.96% 19.91% 17.46% 16.43% 13.19% 13.7%
EPS 2 0.6500 0.8679 1.090 0.9300 0.5300 0.5900
Free Cash Flow 1 -2.439 21.69 10.74 -2.724 46.28 -43.91
FCF margin -1.1% 7.71% 2.67% -0.61% 13.32% -11.76%
FCF Conversion (EBITDA) - 34.81% 13.22% - 116.09% -
FCF Conversion (Net income) - 38.74% 15.27% - 101% -
Dividend per Share 2 0.1000 - - 0.2560 0.1600 0.2000
Announcement Date 4/23/19 4/28/20 4/8/21 4/20/22 4/20/23 4/24/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 63.8 62.6 104 406 459 339
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -2.44 21.7 10.7 -2.72 46.3 -43.9
ROE (net income / shareholders' equity) 24.5% 26.5% 26% 15.2% 6.83% 7.25%
ROA (Net income/ Total Assets) 11.3% 12.1% 11.2% 6.9% 2.55% 3.35%
Assets 1 372.9 463.9 626.2 1,061 1,799 1,527
Book Value Per Share 2 2.900 3.640 4.740 7.660 7.940 8.460
Cash Flow per Share 2 0.7600 0.8300 1.160 2.390 2.810 1.440
Capex 1 24.2 33.2 16.7 11.7 16.2 64.5
Capex / Sales 10.91% 11.8% 4.15% 2.64% 4.66% 17.29%
Announcement Date 4/23/19 4/28/20 4/8/21 4/20/22 4/20/23 4/24/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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