Financials Northking Information Technology Co., Ltd.

Equities

002987

CNE100003SV7

IT Services & Consulting

End-of-day quote Shenzhen S.E. 06:00:00 2024-07-02 pm EDT 5-day change 1st Jan Change
10.3 CNY -3.56% Intraday chart for Northking Information Technology Co., Ltd. -5.07% -22.39%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,670 7,067 8,373 8,110 6,364 - -
Enterprise Value (EV) 1 7,670 7,067 8,373 8,110 6,364 6,364 6,364
P/E ratio 25.5 x 30.5 x 30.2 x 23.5 x 15.4 x 13.1 x 11 x
Yield - - 0.38% - - - -
Capitalization / Revenue 3.35 x 2.31 x 2.28 x 1.91 x 1.33 x 1.17 x 1.02 x
EV / Revenue 3.35 x 2.31 x 2.28 x 1.91 x 1.33 x 1.17 x 1.02 x
EV / EBITDA 25.6 x 28.6 x 28.2 x - 14.9 x 13 x 11.1 x
EV / FCF - - - -36,970,093 x - - -
FCF Yield - - - -0% - - -
Price to Book 4.33 x 3.59 x 3.77 x 3.22 x 2.12 x 1.86 x 1.61 x
Nbr of stocks (in thousands) 617,201 617,201 617,201 611,068 617,908 - -
Reference price 2 12.43 11.45 13.57 13.27 10.30 10.30 10.30
Announcement Date 3/22/21 4/18/22 4/11/23 4/12/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,293 3,054 3,673 4,242 4,772 5,420 6,219
EBITDA 1 299.9 246.8 296.8 - 427 491 571
EBIT 1 296 231.4 281.3 341.8 412 484 575.5
Operating Margin 12.91% 7.57% 7.66% 8.06% 8.63% 8.93% 9.25%
Earnings before Tax (EBT) 1 296.5 230.6 281 341.4 412 484 575.5
Net income 1 276.1 230.6 277 347.6 413 485 576
Net margin 12.04% 7.55% 7.54% 8.19% 8.65% 8.95% 9.26%
EPS 2 0.4868 0.3754 0.4490 0.5643 0.6671 0.7864 0.9336
Free Cash Flow - - - -219.4 - - -
FCF margin - - - -5.17% - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - - 0.0510 - - - -
Announcement Date 3/22/21 4/18/22 4/11/23 4/12/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q3 2023 Q4
Net sales 1 1,099 1,119
EBITDA - -
EBIT 1 - 99.38
Operating Margin - 8.88%
Earnings before Tax (EBT) - -
Net income 1 - 98.83
Net margin - 8.83%
EPS 0.1643 -
Dividend per Share - -
Announcement Date 10/24/23 4/12/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - -219 - - -
ROE (net income / shareholders' equity) 20.5% 12.3% 13.2% 14.6% 13.8% 14.2% 14.7%
ROA (Net income/ Total Assets) 18.5% 10.2% - - 11.1% 11.3% 11.5%
Assets 1 1,490 2,254 - - 3,721 4,292 5,009
Book Value Per Share 2 2.870 3.190 3.600 4.120 4.870 5.550 6.380
Cash Flow per Share 2 0.0900 -0.0800 0.2200 0.2100 0.2900 0.3100 0.3900
Capex 1 23.3 13.6 7.12 350 68.5 81 107
Capex / Sales 1.02% 0.44% 0.19% 8.26% 1.44% 1.49% 1.72%
Announcement Date 3/22/21 4/18/22 4/11/23 4/12/24 - - -
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
10.3 CNY
Average target price
17.46 CNY
Spread / Average Target
+69.51%
Consensus

Annual profits - Rate of surprise

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