Financials Wangli Security & Surveillance Product Co., Ltd

Equities

605268

CNE100005436

Construction Supplies & Fixtures

End-of-day quote Shanghai S.E. 06:00:00 2024-07-16 pm EDT 5-day change 1st Jan Change
6.7 CNY -0.89% Intraday chart for Wangli Security & Surveillance Product Co., Ltd +1.98% -31.21%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 5,594 3,902 4,281 2,945 - -
Enterprise Value (EV) 1 5,594 3,902 4,281 2,945 2,945 2,945
P/E ratio 40.1 x -88 x 74.9 x 12.6 x 9.85 x 7.79 x
Yield - 2.27% - - - -
Capitalization / Revenue 2.11 x 1.77 x 1.41 x 0.78 x 0.65 x 0.55 x
EV / Revenue 2.11 x 1.77 x 1.41 x 0.78 x 0.65 x 0.55 x
EV / EBITDA 23.5 x 149 x 25.9 x 7.75 x 6.34 x 5.29 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 3.24 x 2.36 x 2.64 x 1.58 x 1.36 x 1.16 x
Nbr of stocks (in thousands) 436,000 443,385 439,578 439,578 - -
Reference price 2 12.83 8.800 9.740 6.700 6.700 6.700
Announcement Date 4/21/22 4/25/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,112 2,645 2,203 3,044 3,776 4,516 5,377
EBITDA 1 - 238.3 26.14 165.1 379.9 464.6 556.8
EBIT 1 - 171.6 -58.19 66.68 305.3 393.9 487.4
Operating Margin - 6.49% -2.64% 2.19% 8.09% 8.72% 9.06%
Earnings before Tax (EBT) 1 - 176 -51.85 66.1 308.5 396.9 489.8
Net income 1 - 137.5 -42.99 54.64 233.9 299.6 377.8
Net margin - 5.2% -1.95% 1.79% 6.19% 6.63% 7.03%
EPS 2 0.6500 0.3200 -0.1000 0.1300 0.5300 0.6800 0.8600
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - 0.2000 - - - -
Announcement Date 3/10/21 4/21/22 4/25/23 4/25/24 - - -
1CNY in Million2CNY
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 - - - - - - -
ROE (net income / shareholders' equity) - 8.57% -2.54% 3.35% 12.6% 13.9% 14.9%
ROA (Net income/ Total Assets) - - - 1.4% 5.5% 6.1% 6.2%
Assets 1 - - - 3,909 4,253 4,911 6,093
Book Value Per Share 2 - 3.960 3.730 3.690 4.250 4.920 5.790
Cash Flow per Share 2 - -0.2400 0.0200 0.6700 -0.1000 1.260 0.3300
Capex 1 - 469 175 211 91 32 28
Capex / Sales - 17.72% 7.96% 6.94% 2.41% 0.71% 0.52%
Announcement Date 3/10/21 4/21/22 4/25/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
6.7 CNY
Average target price
10.12 CNY
Spread / Average Target
+51.04%
Consensus

Annual profits - Rate of surprise

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