Financials Shanghai Huace Navigation Technology Ltd

Equities

300627

CNE100002PD3

Aerospace & Defense

End-of-day quote Shenzhen S.E. 06:00:00 2024-07-16 pm EDT 5-day change 1st Jan Change
30.77 CNY -3.93% Intraday chart for Shanghai Huace Navigation Technology Ltd +1.15% -0.81%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,287 7,761 17,414 14,876 16,849 16,786 - -
Enterprise Value (EV) 1 5,287 7,761 17,414 14,876 16,849 16,786 16,786 16,786
P/E ratio 37.7 x 39.4 x 56.7 x 41.2 x 37.2 x 28.9 x 22.8 x 18.7 x
Yield - - 0.65% 0.97% 1.13% 1.3% 1.6% 1.93%
Capitalization / Revenue 4.62 x 5.51 x 9.15 x 6.65 x 6.29 x 4.96 x 3.92 x 3.15 x
EV / Revenue 4.62 x 5.51 x 9.15 x 6.65 x 6.29 x 4.96 x 3.92 x 3.15 x
EV / EBITDA 27.4 x 29.5 x 49.9 x 35 x 30.1 x 23.3 x 18.8 x 15.3 x
EV / FCF - - 165 x 41,977 x 55.1 x 48.7 x 28.4 x 28.8 x
FCF Yield - - 0.61% 0% 1.81% 2.06% 3.53% 3.47%
Price to Book 5.34 x 7.15 x 7.96 x 5.87 x 5.61 x 4.91 x 4.24 x 3.63 x
Nbr of stocks (in thousands) 478,005 478,005 529,977 535,121 543,168 545,524 - -
Reference price 2 11.06 16.24 32.86 27.80 31.02 30.77 30.77 30.77
Announcement Date 2/28/20 1/28/21 2/20/22 2/3/23 2/21/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,146 1,410 1,903 2,236 2,678 3,385 4,282 5,336
EBITDA 1 193.1 262.7 348.9 425.5 560 718.9 891.4 1,101
EBIT 1 162 220.8 295.9 349.2 455.9 590.5 744.1 900.2
Operating Margin 14.14% 15.67% 15.55% 15.62% 17.02% 17.45% 17.38% 16.87%
Earnings before Tax (EBT) 1 162.2 219 291.6 353.2 457.1 583.7 753.6 912.4
Net income 1 138.7 196.9 294.3 361.1 449.1 574.2 742.5 897
Net margin 12.11% 13.97% 15.47% 16.15% 16.77% 16.96% 17.34% 16.81%
EPS 2 0.2934 0.4121 0.5793 0.6740 0.8330 1.064 1.351 1.647
Free Cash Flow 1 - - 105.6 0.3544 305.8 345 592 583
FCF margin - - 5.55% 0.02% 11.42% 10.19% 13.83% 10.93%
FCF Conversion (EBITDA) - - 30.26% 0.08% 54.61% 47.99% 66.41% 52.97%
FCF Conversion (Net income) - - 35.86% 0.1% 68.09% 60.08% 79.73% 65%
Dividend per Share 2 - - 0.2143 0.2700 0.3500 0.4000 0.4933 0.5933
Announcement Date 2/28/20 1/28/21 2/20/22 2/3/23 2/21/24 - - -
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 1 - - 106 0.35 306 345 592 583
ROE (net income / shareholders' equity) 14.8% 18.5% 17.8% 15.3% 16.3% 17% 18.8% 20%
ROA (Net income/ Total Assets) - 11.6% 11.2% 9.73% 10.7% 11.8% 12.9% 13.9%
Assets 1 - 1,698 2,639 3,711 4,215 4,867 5,749 6,458
Book Value Per Share 2 2.070 2.270 4.130 4.730 5.520 6.270 7.260 8.480
Cash Flow per Share 2 0.3500 0.4800 0.5100 0.6600 0.8200 1.060 1.210 1.350
Capex 1 117 116 166 353 140 149 143 167
Capex / Sales 10.25% 8.21% 8.72% 15.8% 5.21% 4.39% 3.34% 3.14%
Announcement Date 2/28/20 1/28/21 2/20/22 2/3/23 2/21/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
30.77 CNY
Average target price
36 CNY
Spread / Average Target
+17.00%
Consensus

Annual profits - Rate of surprise

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