Financials Suzhou SLAC Precision Equipment CO.,Ltd.

Equities

300382

CNE100001S24

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-07-04 pm EDT 5-day change 1st Jan Change
5.6 CNY +0.90% Intraday chart for Suzhou SLAC Precision Equipment CO.,Ltd. -5.25% -43.61%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,108 3,179 4,387 13,220 11,829 6,240
Enterprise Value (EV) 1 3,299 3,429 4,582 13,509 11,955 7,061
P/E ratio 23 x 33.1 x 70.6 x 121 x 49.7 x 47.3 x
Yield 3.63% 0.62% 0.32% 0.22% 1.59% 1.01%
Capitalization / Revenue 4.2 x 4.01 x 4.97 x 13.2 x 6.83 x 3.78 x
EV / Revenue 4.46 x 4.33 x 5.19 x 13.5 x 6.9 x 4.28 x
EV / EBITDA 19.2 x 24.2 x 30.7 x 67.9 x 36.3 x 33.9 x
EV / FCF -15.6 x 400 x -118 x -81.5 x -17.6 x -17.2 x
FCF Yield -6.4% 0.25% -0.84% -1.23% -5.68% -5.82%
Price to Book 3.05 x 3.28 x 4.05 x 10 x 4.93 x 2.72 x
Nbr of stocks (in thousands) 564,154 564,569 564,569 573,806 626,546 628,410
Reference price 2 5.510 5.630 7.770 23.04 18.88 9.930
Announcement Date 4/25/19 4/9/20 4/28/21 4/24/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 739.4 791.8 882.9 1,003 1,731 1,651
EBITDA 1 171.4 141.9 149.1 199 329.7 208
EBIT 1 149.5 118.1 120.9 170 285.2 145.8
Operating Margin 20.22% 14.92% 13.7% 16.94% 16.47% 8.83%
Earnings before Tax (EBT) 1 153.4 108.1 73.2 127.2 267.2 123.2
Net income 1 137.1 97.4 64.84 107.4 225.9 129.1
Net margin 18.54% 12.3% 7.34% 10.71% 13.05% 7.82%
EPS 2 0.2400 0.1700 0.1100 0.1900 0.3800 0.2100
Free Cash Flow 1 -211 8.566 -38.68 -165.8 -679.1 -411.2
FCF margin -28.54% 1.08% -4.38% -16.52% -39.22% -24.9%
FCF Conversion (EBITDA) - 6.04% - - - -
FCF Conversion (Net income) - 8.79% - - - -
Dividend per Share 2 0.2000 0.0350 0.0250 0.0500 0.3000 0.1000
Announcement Date 4/25/19 4/9/20 4/28/21 4/24/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 S1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 78.13
Net margin -
EPS 2 0.1300
Dividend per Share -
Announcement Date 8/29/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 191 250 195 288 125 821
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.112 x 1.763 x 1.31 x 1.449 x 0.3803 x 3.947 x
Free Cash Flow 1 -211 8.57 -38.7 -166 -679 -411
ROE (net income / shareholders' equity) 12.3% 8.87% 5.48% 7.51% 11.1% 3.99%
ROA (Net income/ Total Assets) 6.18% 4.13% 3.65% 4.35% 5.26% 2.16%
Assets 1 2,217 2,356 1,777 2,470 4,292 5,989
Book Value Per Share 2 1.810 1.720 1.920 2.300 3.830 3.650
Cash Flow per Share 2 0.2000 0.6100 0.7400 0.5000 0.7800 0.6000
Capex 1 103 79.1 101 343 563 339
Capex / Sales 13.91% 9.99% 11.49% 34.15% 32.51% 20.54%
Announcement Date 4/25/19 4/9/20 4/28/21 4/24/22 4/26/23 4/25/24
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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