Financials WCON Electronics (Guangdong) Co., Ltd.

Equities

301328

CNE100005LB9

Electronic Equipment & Parts

End-of-day quote Shenzhen S.E. 06:00:00 2024-07-16 pm EDT 5-day change 1st Jan Change
36.65 CNY -7.64% Intraday chart for WCON Electronics (Guangdong) Co., Ltd. -1.37% -25.14%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 5,905 5,380
Enterprise Value (EV) 1 4,578 4,213
P/E ratio 42.9 x 41.1 x
Yield 0.62% 0.61%
Capitalization / Revenue 12.3 x 11.1 x
EV / Revenue 9.53 x 8.66 x
EV / EBITDA 37 x 38.4 x
EV / FCF -51,923,846 x -23,304,620 x
FCF Yield -0% -0%
Price to Book 3.22 x 2.84 x
Nbr of stocks (in thousands) 109,894 109,894
Reference price 2 53.73 48.96
Announcement Date 4/10/23 4/24/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 229.4 231.9 273.4 408.6 480.3 486.6
EBITDA 1 39.43 56.72 79.15 122 123.8 109.8
EBIT 1 32.45 47.94 68.88 108.3 106.1 86.91
Operating Margin 14.15% 20.67% 25.19% 26.52% 22.09% 17.86%
Earnings before Tax (EBT) 1 33.43 47.8 68.82 110.9 118.7 145
Net income 1 26.57 43.43 61.06 100.2 112.2 130.4
Net margin 11.58% 18.72% 22.33% 24.52% 23.35% 26.79%
EPS - 0.6933 0.8133 1.213 1.253 1.190
Free Cash Flow - 36.94 -8.868 -82.12 -88.17 -180.8
FCF margin - 15.93% -3.24% -20.1% -18.36% -37.15%
FCF Conversion (EBITDA) - 65.12% - - - -
FCF Conversion (Net income) - 85.05% - - - -
Dividend per Share - - - - 0.3333 0.3000
Announcement Date 6/14/21 6/14/21 6/14/21 8/16/22 4/10/23 4/24/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 14.2 67.8 133 64.5 1,327 1,167
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - 36.9 -8.87 -82.1 -88.2 -181
ROE (net income / shareholders' equity) - 28.6% 26.1% 29% 10% 7.04%
ROA (Net income/ Total Assets) - 13.2% 13.9% 16% 5.33% 2.7%
Assets 1 - 328.2 440.3 625.5 2,104 4,832
Book Value Per Share - 2.770 3.580 4.800 16.70 17.20
Cash Flow per Share - 1.000 1.270 1.070 12.50 11.10
Capex 1 28.3 22 19 100 158 233
Capex / Sales 12.32% 9.48% 6.94% 24.5% 32.96% 47.87%
Announcement Date 6/14/21 6/14/21 6/14/21 8/16/22 4/10/23 4/24/24
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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