Financials HMT (Xiamen) New Technical Materials Co., Ltd

Equities

603306

CNE100001T07

Auto, Truck & Motorcycle Parts

End-of-day quote Shanghai S.E. 06:00:00 2024-07-04 pm EDT 5-day change 1st Jan Change
17.46 CNY +0.52% Intraday chart for HMT (Xiamen) New Technical Materials Co., Ltd -3.38% -35.60%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,295 7,095 10,417 11,610 8,783 5,688 - -
Enterprise Value (EV) 1 4,295 7,095 10,417 11,610 8,783 5,688 5,688 5,688
P/E ratio 18.2 x 35.4 x 60.3 x 61.1 x 36.4 x 16 x 12.4 x -
Yield - - - - 0.74% 1.09% 1.37% -
Capitalization / Revenue - 7.47 x 8.64 x - 4.27 x 2.22 x 1.85 x 1.6 x
EV / Revenue - 7.47 x 8.64 x - 4.27 x 2.22 x 1.85 x 1.6 x
EV / EBITDA - 22 x 35.5 x - - 10.7 x 8.21 x 6.64 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book - 2.89 x 3.91 x - 2.59 x 1.42 x 1.36 x 1.15 x
Nbr of stocks (in thousands) 310,575 308,740 307,020 310,341 323,982 325,792 - -
Reference price 2 13.83 22.98 33.93 37.41 27.11 17.46 17.46 17.46
Announcement Date 4/29/20 4/27/21 4/28/22 3/20/23 4/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 949.5 1,206 - 2,055 2,566 3,070 3,566
EBITDA 1 - 323 293.1 - - 534 693 857
EBIT 1 - 232.3 201.4 - 259.6 446 527 744
Operating Margin - 24.46% 16.7% - 12.63% 17.38% 17.17% 20.86%
Earnings before Tax (EBT) 1 - 231.5 200.5 - 260.7 446 526.5 745
Net income 1 236.8 201 176.1 198.5 242 354.4 460.1 673
Net margin - 21.17% 14.6% - 11.77% 13.81% 14.99% 18.87%
EPS 2 0.7600 0.6500 0.5630 0.6120 0.7440 1.090 1.410 -
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - 0.2000 0.1900 0.2400 -
Announcement Date 4/29/20 4/27/21 4/28/22 3/20/23 4/29/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) - 8.25% 6.89% - 7.08% 9.31% 11% 13.6%
ROA (Net income/ Total Assets) - - - - 4.76% 7.2% 7.5% 10.3%
Assets 1 - - - - 5,084 4,923 6,135 6,534
Book Value Per Share 2 - 7.960 8.670 - 10.50 12.30 12.80 15.20
Cash Flow per Share 2 - 0.8100 0.6500 - 0.7100 0.9600 1.320 -
Capex 1 - - - - 342 127 314 78
Capex / Sales - - - - 16.66% 4.95% 10.21% 2.19%
Announcement Date 4/29/20 4/27/21 4/28/22 3/20/23 4/29/24 - - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
17.46 CNY
Average target price
26 CNY
Spread / Average Target
+48.91%
Consensus

Annual profits - Rate of surprise

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