Financials Aishida Co., Ltd

Equities

002403

CNE100000P36

Appliances, Tools & Housewares

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
7.8 CNY +1.69% Intraday chart for Aishida Co., Ltd +8.94% -8.88%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2024 2025
Capitalization 1 2,729 2,895 2,650 2,446 2,640 2,657 -
Enterprise Value (EV) 1 2,729 2,895 2,650 2,446 2,640 2,657 2,657
P/E ratio 18.5 x 23 x 25.9 x -27.6 x -33.7 x 156 x 130 x
Yield 1.93% - 0.96% - - - -
Capitalization / Revenue 0.84 x 0.82 x 0.92 x 0.7 x 0.9 x 0.92 x 0.83 x
EV / Revenue 0.84 x 0.82 x 0.92 x 0.7 x 0.9 x 0.92 x 0.83 x
EV / EBITDA 10.9 x 11.9 x 9.76 x 48.2 x 32.8 x 9.59 x 9.32 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.2 x 1.38 x 1.21 x 1.16 x 1.28 x 1.57 x 1.55 x
Nbr of stocks (in thousands) 350,321 340,639 340,639 340,639 340,639 340,639 -
Reference price 2 7.790 8.500 7.780 7.180 7.750 7.800 7.800
Announcement Date 2/27/19 4/13/20 4/14/21 4/28/22 4/28/23 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2024 2025
Net sales 1 3,258 3,542 2,893 3,508 2,940 2,875 3,183
EBITDA 1 250.8 243.2 271.5 50.76 80.49 277 285
EBIT 1 150.7 125.5 129.1 -109.8 -93.83 18 23
Operating Margin 4.62% 3.54% 4.46% -3.13% -3.19% 0.63% 0.72%
Earnings before Tax (EBT) 1 148.5 125.9 105.8 -112.1 -97.98 18 23
Net income 1 148.7 128.8 102.7 -88.51 -78.73 17 21
Net margin 4.56% 3.64% 3.55% -2.52% -2.68% 0.59% 0.66%
EPS 2 0.4200 0.3700 0.3000 -0.2600 -0.2300 0.0500 0.0600
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 0.1500 - 0.0750 - - - -
Announcement Date 2/27/19 4/13/20 4/14/21 4/28/22 4/28/23 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 6.84% 6.2% 4.68% -4.01% -3.73% 1% 1.3%
ROA (Net income/ Total Assets) 3.31% 2.61% 1.91% -1.55% -1.42% 0.4% 0.4%
Assets 1 4,499 4,942 5,365 5,695 5,541 4,250 5,250
Book Value Per Share 2 6.500 6.170 6.410 6.180 6.040 4.960 5.020
Cash Flow per Share 2 0.4000 0.0700 0.1300 0.6700 -0.1100 0.8200 0.8700
Capex 1 223 295 236 231 170 45 46
Capex / Sales 6.86% 8.33% 8.15% 6.58% 5.78% 1.57% 1.45%
Announcement Date 2/27/19 4/13/20 4/14/21 4/28/22 4/28/23 - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
7.8 CNY
Average target price
8 CNY
Spread / Average Target
+2.56%
Consensus

Annual profits - Rate of surprise

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