Financials Xgimi Technology Co.,Ltd.

Equities

688696

CNE100005D76

Household Electronics

End-of-day quote Shanghai S.E. 06:00:00 2024-07-16 pm EDT 5-day change 1st Jan Change
65.4 CNY +0.58% Intraday chart for Xgimi Technology Co.,Ltd. -5.09% -42.11%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 27,600 11,634 7,894 4,484 - -
Enterprise Value (EV) 1 27,600 10,451 6,328 2,857 2,724 2,517
P/E ratio 54.7 x 23.2 x 63.8 x 21.9 x 16 x 13.6 x
Yield 0.54% 1.29% 0.27% 1.22% 2.32% 3.11%
Capitalization / Revenue 6.84 x 2.76 x 2.22 x 1.13 x 1 x 0.89 x
EV / Revenue 6.84 x 2.48 x 1.78 x 0.72 x 0.61 x 0.5 x
EV / EBITDA 47.2 x 17.7 x 46.3 x 10.1 x 7.38 x 6.86 x
EV / FCF 63.3 x -56.6 x - 2.49 x -5.2 x 86.8 x
FCF Yield 1.58% -1.77% - 40.1% -19.2% 1.15%
Price to Book 9.99 x 3.71 x 2.54 x 1.39 x 1.29 x 1.23 x
Nbr of stocks (in thousands) 70,000 70,000 69,872 68,563 - -
Reference price 2 394.3 166.2 113.0 65.40 65.40 65.40
Announcement Date 2/24/22 2/2/23 2/23/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,828 4,038 4,222 3,558 3,951 4,465 5,017
EBITDA 1 - 584.9 590.4 136.7 282.1 369.1 366.8
EBIT 1 - 541.6 509.3 34.81 221.2 307.1 364.7
Operating Margin - 13.41% 12.06% 0.98% 5.6% 6.88% 7.27%
Earnings before Tax (EBT) 1 - 542.7 508.4 32.75 220.6 306.4 363.5
Net income 1 - 483.5 501.5 124.1 209.1 287 336
Net margin - 11.97% 11.88% 3.49% 5.29% 6.43% 6.7%
EPS 2 5.121 7.207 7.160 1.770 2.990 4.097 4.800
Free Cash Flow 1 - 435.8 -184.5 - 1,145 -524 29
FCF margin - 10.79% -4.37% - 28.98% -11.73% 0.58%
FCF Conversion (EBITDA) - 74.51% - - 405.84% - 7.91%
FCF Conversion (Net income) - 90.13% - - 547.58% - 8.63%
Dividend per Share 2 - 2.143 2.147 0.3000 0.7950 1.517 2.035
Announcement Date 2/3/21 2/24/22 2/2/23 2/23/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 1,023 2,036 846.4 1,340 883.7 743.1 795 1,136 825.5 829.9 857.9 1,306
EBITDA - - - - - - - - - - - - -
EBIT - 118.1 - 73.46 176.1 62.34 -13.9 -3.642 - 16.88 - - -
Operating Margin - 11.55% - 8.68% 13.14% 7.05% -1.87% -0.46% - 2.04% - - -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 121.5 - - - - - - - - - - - -
Net margin - - - - - - - - - - - - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 4/28/22 8/19/22 8/19/22 10/27/22 2/2/23 4/27/23 8/30/23 10/30/23 2/23/24 4/29/24 - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - - 1,183 1,566 1,627 1,760 1,967
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 436 -185 - 1,145 -524 29
ROE (net income / shareholders' equity) - 21.2% 17.2% 3.98% 6.36% 8.15% 8.98%
ROA (Net income/ Total Assets) - 11.4% 9.9% 2.22% 3.83% 5.07% 5.05%
Assets 1 - 4,231 5,067 5,595 5,455 5,664 6,652
Book Value Per Share 2 - 39.50 44.80 44.50 47.00 50.60 53.40
Cash Flow per Share 2 - 7.660 -0.8400 5.400 4.210 3.060 5.680
Capex 1 - 100 126 64.7 170 193 64.2
Capex / Sales - 2.49% 2.97% 1.82% 4.31% 4.33% 1.28%
Announcement Date 2/3/21 2/24/22 2/2/23 2/23/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
65.4 CNY
Average target price
110.1 CNY
Spread / Average Target
+68.36%
Consensus

Quarterly revenue - Rate of surprise

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