Financials Shenzhen V&T Technologies Co., Ltd.

Equities

300484

CNE100002672

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
16.85 CNY +0.30% Intraday chart for Shenzhen V&T Technologies Co., Ltd. +4.79% +33.41%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,328 1,895 3,339 3,184 2,166 2,609
Enterprise Value (EV) 1 2,168 1,711 3,038 2,852 1,842 2,385
P/E ratio 93.3 x -12.5 x 64.5 x 51.5 x 26.3 x 115 x
Yield - - 0.47% 1.68% 3.43% 1.27%
Capitalization / Revenue 5.79 x 5.92 x 8.33 x 6.22 x 4.85 x 8 x
EV / Revenue 5.4 x 5.35 x 7.58 x 5.57 x 4.12 x 7.32 x
EV / EBITDA 53.1 x -23.9 x 52.6 x 35.1 x 19.6 x 93.1 x
EV / FCF -122 x 20.8 x 32.1 x 37.4 x 80.9 x 157 x
FCF Yield -0.82% 4.81% 3.12% 2.68% 1.24% 0.64%
Price to Book 3.29 x 3.46 x 5.56 x 4.93 x 3.31 x 4.83 x
Nbr of stocks (in thousands) 208,000 207,122 207,122 205,934 206,255 206,550
Reference price 2 11.19 9.150 16.12 15.46 10.50 12.63
Announcement Date 4/22/19 4/27/20 4/21/21 4/19/22 4/25/23 4/19/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 401.8 320.1 400.7 511.9 446.9 326
EBITDA 1 40.81 -71.52 57.72 81.36 93.97 25.61
EBIT 1 35.62 -81.28 48.19 72.27 86.41 19.5
Operating Margin 8.86% -25.39% 12.03% 14.12% 19.33% 5.98%
Earnings before Tax (EBT) 1 25.4 -169.3 63.14 77.68 93.88 26.09
Net income 1 24.52 -152.3 52.12 61.91 83.67 24.07
Net margin 6.1% -47.59% 13.01% 12.09% 18.72% 7.38%
EPS 2 0.1200 -0.7300 0.2500 0.3000 0.4000 0.1100
Free Cash Flow 1 -17.73 82.27 94.74 76.32 22.78 15.19
FCF margin -4.41% 25.7% 23.64% 14.91% 5.1% 4.66%
FCF Conversion (EBITDA) - - 164.14% 93.81% 24.24% 59.3%
FCF Conversion (Net income) - - 181.78% 123.28% 27.22% 63.1%
Dividend per Share - - 0.0750 0.2600 0.3600 0.1600
Announcement Date 4/22/19 4/27/20 4/21/21 4/19/22 4/25/23 4/19/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 159 184 301 331 324 224
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -17.7 82.3 94.7 76.3 22.8 15.2
ROE (net income / shareholders' equity) 3.47% -24.3% 9.08% 10.4% 12.5% 3.38%
ROA (Net income/ Total Assets) 2.04% -5.29% 3.16% 4.49% 5.54% 1.29%
Assets 1 1,201 2,879 1,652 1,378 1,511 1,864
Book Value Per Share 2 3.400 2.650 2.900 3.140 3.170 2.610
Cash Flow per Share 2 0.9000 0.8600 1.270 1.610 1.650 0.9400
Capex 1 16.9 7.87 11.4 2.97 1.24 8.91
Capex / Sales 4.2% 2.46% 2.85% 0.58% 0.28% 2.73%
Announcement Date 4/22/19 4/27/20 4/21/21 4/19/22 4/25/23 4/19/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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