Financials Guo Tai Epoint Software Co.,Ltd

Equities

688232

CNE100004ZF3

Software

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-07-10 pm EDT			5-day change	1st Jan Change
19.21 ^CNY	+2.62%		+1.05%	-46.93%

Apr. 25	Guo Tai Epoint Software Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 02	Tranche Update on Guo Tai Epoint Software Co.,Ltd's Equity Buyback Plan announced on February 20, 2024.	CI

Valuation

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Capitalization ¹	14,338	18,830	11,946	6,323	-	-
Enterprise Value (EV) ¹	14,338	18,830	11,946	6,323	6,323	6,323
P/E ratio	21.9 x	32.8 x	62.4 x	26 x	19.3 x	15.7 x
Yield	-	1.05%	0.99%	2.24%	3.33%	-
Capitalization / Revenue	5.13 x	6.67 x	4.89 x	2.57 x	2.33 x	2.02 x
EV / Revenue	5.13 x	6.67 x	4.89 x	2.57 x	2.33 x	2.02 x
EV / EBITDA	24.9 x	31.3 x	54.1 x	20.5 x	14.8 x	12.8 x
EV / FCF	-	-2,536,912,263 x	-	-	-	-
FCF Yield	-	-0%	-	-	-	-
Price to Book	2.75 x	3.35 x	2.13 x	1.1 x	1.05 x	0.98 x
Nbr of stocks (in thousands)	330,000	330,000	330,000	329,144	-	-
Reference price ²	43.45	57.06	36.20	19.21	19.21	19.21
Announcement Date	2/25/22	2/23/23	2/27/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net sales ¹	2,794	2,824	2,444	2,463	2,716	3,133
EBITDA ¹	576.8	602.1	220.6	308.4	426.1	495.8
EBIT ¹	544.6	561.9	168.9	231.6	324.3	404.5
Operating Margin	19.49%	19.9%	6.91%	9.4%	11.94%	12.91%
Earnings before Tax (EBT) ¹	558.7	597.4	178.1	249.9	339.4	421.7
Net income ¹	504.1	573.1	191.2	243.7	329.5	404.2
Net margin	18.04%	20.29%	7.82%	9.89%	12.13%	12.9%
EPS ²	1.980	1.740	0.5800	0.7400	0.9975	1.227
Free Cash Flow	-	-7.422	-	-	-	-
FCF margin	-	-0.26%	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-
Dividend per Share ²	-	0.6000	0.3600	0.4300	0.6400	-
Announcement Date	2/25/22	2/23/23	2/27/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 Q1	2022 Q2	2022 S1
Net sales ¹	-	662.4	994.6
EBITDA	-	-	-
EBIT	-	-	-
Operating Margin	-	-	-
Earnings before Tax (EBT)	-	-	-
Net income	-36.31	-	-
Net margin	-	-	-
EPS	-0.1100	-	-
Dividend per Share	-	-	-
Announcement Date	4/28/22	8/25/22	8/25/22

¹CNY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow	-	-7.42	-	-	-	-
ROE (net income / shareholders' equity)	16.6%	10.6%	3.48%	4.25%	5.51%	6.33%
ROA (Net income/ Total Assets)	11.9%	8.67%	2.79%	3.65%	5.1%	5.7%
Assets ¹	4,241	6,610	6,855	6,676	6,461	7,091
Book Value Per Share ²	15.80	17.00	17.00	17.50	18.30	19.50
Cash Flow per Share ²	0.5900	0.2800	0.1500	0.4400	0.6900	0.2800
Capex ¹	77.6	101	233	186	41.3	48.3
Capex / Sales	2.78%	3.57%	9.53%	7.57%	1.52%	1.54%
Announcement Date	2/25/22	2/23/23	2/27/24	-	-	-

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

Ratings for Guo Tai Epoint Software Co.,Ltd

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

19.21 CNY

Average target price

28.67 CNY

Spread / Average Target

+49.26%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Software

	1st Jan change	Capi.
GUO TAI EPOINT SOFTWARE CO.,LTD	-46.93%	847M
MICROSOFT CORPORATION	+20.90%	3,465B
SYNOPSYS INC.	+18.22%	94.93B
CADENCE DESIGN SYSTEMS, INC.	+15.31%	87.68B
PALANTIR TECHNOLOGIES INC.	+60.98%	63.29B
THE TRADE DESK, INC.	+36.98%	48.82B
DASSAULT SYSTÈMES SE	-23.21%	47.84B
ATLASSIAN CORPORATION	-25.32%	45.41B
SEA LIMITED	+82.47%	42.91B
TAKE-TWO INTERACTIVE SOFTWARE, INC.	-5.86%	26.05B

Other Software