ACCELINK TECHNOLOGIES CO,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 37.92 CNY | +6.22% |
|
+8.75% | +33.05% |
| Apr. 26 | Accelink Technologies Co,Ltd. Proposes Final Cash Dividend for 2023 | CI |
| Apr. 25 | Accelink Technologies Co,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 20,162 | 20,266 | 16,289 | 10,975 | 22,635 | 30,116 | - |
| Enterprise Value (EV) 1 | 18,705 | 17,924 | 14,057 | 9,364 | 19,385 | 27,576 | 26,900 |
| P/E ratio | 55.1 x | 39.8 x | 27.4 x | 18.1 x | 36.1 x | 38.3 x | 32.7 x |
| Yield | 0.57% | 0.59% | 0.73% | 1.08% | 0.84% | 0.53% | 0.64% |
| Capitalization / Revenue | 3.78 x | 3.35 x | 2.51 x | 1.59 x | 3.73 x | 3.79 x | 3.28 x |
| EV / Revenue | 3.5 x | 2.96 x | 2.17 x | 1.35 x | 3.2 x | 3.47 x | 2.93 x |
| EV / EBITDA | 34.8 x | 24.9 x | 15.8 x | 9.71 x | 20.2 x | 26.7 x | 23.2 x |
| EV / FCF | -384 x | 26.2 x | 43 x | 44.2 x | 51 x | 134 x | 33.5 x |
| FCF Yield | -0.26% | 3.81% | 2.33% | 2.26% | 1.96% | 0.75% | 2.98% |
| Price to Book | 4.47 x | 4.04 x | 2.94 x | 1.79 x | 2.68 x | 3.78 x | 3.36 x |
| Nbr of stocks (in thousands) | 677,032 | 697,852 | 699,409 | 698,175 | 794,202 | 794,202 | - |
| Reference price 2 | 29.78 | 29.04 | 23.29 | 15.72 | 28.50 | 37.92 | 37.92 |
| Announcement Date | 4/14/20 | 4/13/21 | 4/14/22 | 4/25/23 | 4/25/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,338 | 6,046 | 6,486 | 6,912 | 6,061 | 7,936 | 9,188 |
| EBITDA 1 | 537.9 | 718.5 | 891.8 | 963.9 | 959.5 | 1,031 | 1,160 |
| EBIT 1 | 359.7 | 497.4 | 620.4 | 686 | 656.9 | 833.3 | 977.5 |
| Operating Margin | 6.74% | 8.23% | 9.56% | 9.93% | 10.84% | 10.5% | 10.64% |
| Earnings before Tax (EBT) 1 | 360 | 497.8 | 620 | 684.9 | 677.1 | 867.8 | 1,026 |
| Net income 1 | 357.7 | 487.4 | 567.3 | 608.4 | 619.3 | 778.9 | 919.8 |
| Net margin | 6.7% | 8.06% | 8.75% | 8.8% | 10.22% | 9.82% | 10.01% |
| EPS 2 | 0.5400 | 0.7300 | 0.8500 | 0.8700 | 0.7900 | 0.9906 | 1.161 |
| Free Cash Flow 1 | -48.66 | 683.5 | 326.8 | 212.1 | 380.1 | 206 | 802 |
| FCF margin | -0.91% | 11.3% | 5.04% | 3.07% | 6.27% | 2.6% | 8.73% |
| FCF Conversion (EBITDA) | - | 95.13% | 36.65% | 22% | 39.61% | 19.97% | 69.14% |
| FCF Conversion (Net income) | - | 140.23% | 57.61% | 34.86% | 61.37% | 26.45% | 87.19% |
| Dividend per Share 2 | 0.1700 | 0.1700 | 0.1700 | 0.1700 | 0.2400 | 0.2026 | 0.2444 |
| Announcement Date | 4/14/20 | 4/13/21 | 4/14/22 | 4/25/23 | 4/25/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2021 Q4 | 2021 S2 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 2,859 | 2,558 | 1,757 | 3,349 | 1,712 | 1,830 | 1,738 | 1,631 | 3,370 | - | - | - | 1,734 | 3,246 | - | - | - | - |
| EBITDA | - | - | - | - | 222.9 | - | 324.7 | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 213 | - | 147.1 | 311.2 | 149.2 | 177.9 | 198.8 | 160.1 | 359 | - | - | - | 231.9 | 425.1 | - | - | - | - |
| Operating Margin | 7.45% | - | 8.37% | 9.29% | 8.71% | 9.72% | 11.44% | 9.82% | 10.65% | - | - | - | 13.37% | 13.1% | - | - | - | - |
| Earnings before Tax (EBT) | 213.1 | - | 146.2 | 310.5 | 148.7 | 178 | 199.1 | 159 | 358.2 | - | - | - | 231.5 | 424 | - | - | - | - |
| Net income | 213.8 | 209.3 | 110.9 | 274.6 | 143.1 | 167.9 | 181.1 | 116.3 | 297.4 | - | - | - | 204.9 | 380.4 | - | - | - | - |
| Net margin | 7.48% | 8.18% | 6.31% | 8.2% | 8.36% | 9.17% | 10.42% | 7.13% | 8.83% | - | - | - | 11.82% | 11.72% | - | - | - | - |
| EPS 1 | 0.3200 | - | 0.1700 | 0.4100 | 0.2100 | 0.2600 | 0.2700 | 0.1300 | 0.4000 | 0.1300 | 0.1900 | 0.2700 | 0.2000 | 0.4700 | 0.1000 | 0.2300 | 0.2200 | 0.3500 |
| Dividend per Share | - | - | 0.1700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 4/14/20 | 8/25/20 | 4/14/22 | 4/14/22 | 4/21/22 | 8/25/22 | 10/27/22 | 4/25/23 | 4/25/23 | 4/25/23 | 8/25/23 | 10/27/23 | 4/25/24 | 4/25/24 | 4/25/24 | - | - | - |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | 1,457 | 2,342 | 2,233 | 1,611 | 3,250 | 2,541 | 3,216 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -48.7 | 683 | 327 | 212 | 380 | 206 | 802 |
| ROE (net income / shareholders' equity) | 8.83% | 10.2% | 10.7% | 10.4% | 8% | 10.4% | 11% |
| ROA (Net income/ Total Assets) | 5.37% | 6.13% | 6.29% | 6.14% | - | 6.75% | 6.6% |
| Assets 1 | 6,657 | 7,955 | 9,016 | 9,903 | - | 11,540 | 13,937 |
| Book Value Per Share 2 | 6.660 | 7.200 | 7.920 | 8.760 | 10.60 | 10.00 | 11.30 |
| Cash Flow per Share 2 | 0.3900 | 1.320 | 0.9600 | 0.9200 | 1.320 | 1.240 | 1.510 |
| Capex 1 | 315 | 236 | 346 | 427 | 670 | 382 | 259 |
| Capex / Sales | 5.9% | 3.9% | 5.34% | 6.18% | 11.06% | 4.82% | 2.82% |
| Announcement Date | 4/14/20 | 4/13/21 | 4/14/22 | 4/25/23 | 4/25/24 | - | - |
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
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
37.92
CNY
Average target price
29.58
CNY
Spread / Average Target
-21.99%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +33.05% | 4.16B | |
| +21.55% | 72.37B | |
| -4.21% | 34.41B | |
| -16.43% | 28.52B | |
| -7.17% | 14.26B | |
| -13.03% | 9.92B | |
| +5.83% | 9.52B | |
| +71.16% | 8.54B | |
| +26.49% | 8.36B | |
| +69.91% | 8.21B |
- Stock Market
- Equities
- 002281 Stock
- Financials Accelink Technologies Co,Ltd.
