Financials Sichuan Kexin Mechanical and Electrical Equipment Co.,Ltd

Equities

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-07-10 pm EDT			5-day change	1st Jan Change
10.17 ^CNY	+4.09%		0.00%	-23.65%

May. 08	Sichuan Kexin Mechanical and Electrical Equipment Co.,Ltd Announces Cash Dividend on A Shares for the Year 2023, Payable on 14 May 2024	CI
Apr. 24	Sichuan Kexin Mechanical and Electrical Equipment Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Fiscal Period: December	2021	2022	2023	2024	2025
Capitalization ¹	2,985	3,092	3,649	2,786	-
Enterprise Value (EV) ¹	2,985	3,092	3,649	2,786	2,786
P/E ratio	31.9 x	25.5 x	21.7 x	14.5 x	11.8 x
Yield	-	-	1.73%	2.65%	3.24%
Capitalization / Revenue	-	2.88 x	2.44 x	1.56 x	1.24 x
EV / Revenue	-	2.88 x	2.44 x	1.56 x	1.24 x
EV / EBITDA	-	18.9 x	18.4 x	11.4 x	9.38 x
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	-	3.65 x	2.4 x	1.69 x	1.54 x
Nbr of stocks (in thousands)	231,599	231,599	273,923	273,923	-
Reference price ²	12.89	13.35	13.32	10.17	10.17
Announcement Date	3/29/22	3/30/23	3/29/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025
Net sales ¹	-	1,075	1,497	1,782	2,252
EBITDA ¹	-	163.2	198.6	244	297
EBIT ¹	-	139.3	195	227	278
Operating Margin	-	12.95%	13.03%	12.74%	12.34%
Earnings before Tax (EBT) ¹	-	139.8	191.3	227	278
Net income ¹	93.47	121.2	163.5	192	235
Net margin	-	11.27%	10.92%	10.77%	10.44%
EPS ²	0.4036	0.5234	0.6127	0.7000	0.8600
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ²	-	-	0.2300	0.2700	0.3300
Announcement Date	3/29/22	3/30/23	3/29/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	15.3%	12%	12.1%	13.6%
ROA (Net income/ Total Assets)	-	-	7.78%	7.6%	8%
Assets ¹	-	-	2,102	2,526	2,938
Book Value Per Share ²	-	3.660	5.560	6.030	6.620
Cash Flow per Share ²	-	0.3000	0.0400	0.5300	0.5100
Capex ¹	-	15.5	67.6	32	26
Capex / Sales	-	1.44%	4.52%	1.8%	1.15%
Announcement Date	3/29/22	3/30/23	3/29/24	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

10.17 CNY

Average target price

12.9 CNY

Spread / Average Target

+26.84%

	1st Jan change	Capi.
SICHUAN KEXIN MECHANICAL AND ELECTRICAL EQUIPMENT CO.,LTD	-23.65%	368M
ATLAS COPCO AB	+12.01%	85.35B
PARKER-HANNIFIN CORPORATION	+14.64%	67.25B
INGERSOLL RAND INC.	+23.48%	38.04B
XYLEM INC.	+20.56%	33.06B
FANUC CORPORATION	+10.90%	26.52B
FORTIVE CORPORATION	+1.79%	25.93B
SANDVIK AB	-2.43%	25.05B
DOVER CORPORATION	+18.39%	24.54B
TECHTRONIC INDUSTRIES CO. LTD.	-4.30%	20.72B