Financials ZHEJIANG NARADA POWER SOURCE Co. , Ltd.

Equities

300068

CNE100000NC4

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-07-11 pm EDT 5-day change 1st Jan Change
8.52 CNY -0.81% Intraday chart for ZHEJIANG NARADA POWER SOURCE Co. , Ltd. +3.15% -34.16%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,387 13,094 12,197 18,422 11,284 7,436 - -
Enterprise Value (EV) 1 9,387 13,094 12,197 21,944 11,284 7,436 7,436 7,436
P/E ratio 25.7 x -46.2 x -10.3 x 56.1 x 324 x 12.9 x 9.68 x 8.04 x
Yield - - - - - - - -
Capitalization / Revenue 1.04 x 1.28 x - 1.57 x 0.77 x 0.42 x 0.35 x 0.32 x
EV / Revenue 1.04 x 1.28 x - 1.57 x 0.77 x 0.42 x 0.35 x 0.32 x
EV / EBITDA 15.7 x - - 19.8 x 22.5 x 4.99 x 3.85 x 3.35 x
EV / FCF -16,840,079 x - - -65,779,418 x - - - -
FCF Yield -0% - - -0% - - - -
Price to Book 1.45 x 2.18 x - 3.58 x 2.08 x 1.25 x 1.14 x 1.03 x
Nbr of stocks (in thousands) 870,735 859,741 861,384 864,871 872,016 872,755 - -
Reference price 2 10.78 15.23 14.16 21.30 12.94 8.520 8.520 8.520
Announcement Date 2/28/20 4/2/21 4/6/22 4/21/23 4/23/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,008 10,260 - 11,749 14,666 17,728 21,066 23,586
EBITDA 1 597.6 - - 930.6 501.5 1,490 1,930 2,221
EBIT 1 249.4 -395.6 - 695.7 -8.244 641 846 1,026
Operating Margin 2.77% -3.86% - 5.92% -0.06% 3.62% 4.02% 4.35%
Earnings before Tax (EBT) 1 240.5 -408.2 - 248.6 -54.44 641 856 1,036
Net income 1 368.7 -281.1 -1,175 331.3 35.98 578 771 924
Net margin 4.09% -2.74% - 2.82% 0.25% 3.26% 3.66% 3.92%
EPS 2 0.4200 -0.3300 -1.370 0.3800 0.0400 0.6600 0.8800 1.060
Free Cash Flow -557.4 - - -280.1 - - - -
FCF margin -6.19% - - -2.38% - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share - - - - - - - -
Announcement Date 2/28/20 4/2/21 4/6/22 4/21/23 4/23/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 S1 2023 Q3
Net sales - -
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 529.5 151.9
Net margin - -
EPS 0.6100 -
Dividend per Share - -
Announcement Date 8/29/22 10/24/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - 3,522 - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - 3.785 x - - - -
Free Cash Flow -557 - - -280 - - - -
ROE (net income / shareholders' equity) 5.83% -4.5% - 6.71% 0.68% 9.7% 11.8% 12.8%
ROA (Net income/ Total Assets) 2.85% - - 2.22% 0.21% 2.7% 3.1% 3.4%
Assets 1 12,933 - - 14,922 17,115 21,407 24,871 27,176
Book Value Per Share 2 7.440 6.980 - 5.960 6.210 6.810 7.500 8.290
Cash Flow per Share 0.3200 0.4400 - - 0.7200 - - -
Capex 1 837 - - 740 1,123 2,700 1,500 900
Capex / Sales 9.29% - - 6.3% 7.66% 15.23% 7.12% 3.82%
Announcement Date 2/28/20 4/2/21 4/6/22 4/21/23 4/23/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
8.52 CNY
Average target price
14 CNY
Spread / Average Target
+64.32%
Consensus

Annual profits - Rate of surprise

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  4. Financials ZHEJIANG NARADA POWER SOURCE Co. , Ltd.