Financials Chongqing Hifuture Information Technology Co., Ltd.

Equities

002168

CNE1000006S9

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
3.3 CNY +2.48% Intraday chart for Chongqing Hifuture Information Technology Co., Ltd. +3.45% -27.95%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 8,041 6,430 3,333 3,364 3,148 3,591
Enterprise Value (EV) 1 7,560 6,850 3,819 3,779 3,556 3,591
P/E ratio 23 x 48.2 x -3.48 x -15.3 x -26.7 x 1,908 x
Yield - - - - - -
Capitalization / Revenue 4.24 x 5.89 x 4.25 x 10.2 x 12.9 x 14.1 x
EV / Revenue 3.98 x 6.27 x 4.87 x 11.5 x 14.6 x 14.1 x
EV / EBITDA 24.9 x 32.7 x 828 x -22.1 x -44.5 x -47.3 x
EV / FCF -13.8 x -16.7 x -670 x 18.8 x 119 x -
FCF Yield -7.25% -6% -0.15% 5.33% 0.84% -
Price to Book 4.14 x 3.34 x 4.02 x 32.8 x 147 x -
Nbr of stocks (in thousands) 813,010 784,163 784,163 784,163 787,103 784,163
Reference price 2 9.890 8.200 4.250 4.290 4.000 4.580
Announcement Date 4/22/19 4/29/20 4/29/21 4/29/22 4/19/23 4/19/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,898 1,092 785 329.9 244.4 254.2
EBITDA 1 303.5 209.7 4.613 -170.8 -79.97 -75.96
EBIT 1 292.9 198.8 -6.891 -184.3 -93.15 -91.68
Operating Margin 15.43% 18.2% -0.88% -55.87% -38.11% -36.07%
Earnings before Tax (EBT) 1 458.4 164.2 -967.7 -259 -111.9 7.108
Net income 1 336.4 135 -960.4 -222.9 -114.9 1.897
Net margin 17.72% 12.36% -122.34% -67.55% -47% 0.75%
EPS 2 0.4300 0.1700 -1.220 -0.2800 -0.1500 0.002400
Free Cash Flow 1 -548.1 -411.1 -5.701 201.4 29.89 -
FCF margin -28.88% -37.63% -0.73% 61.06% 12.23% -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/22/19 4/29/20 4/29/21 4/29/22 4/19/23 4/19/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -28.74
Net margin -
EPS 2 -0.0400
Dividend per Share -
Announcement Date 4/29/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 420 486 415 408 -
Net Cash position 1 480 - - - - -
Leverage (Debt/EBITDA) - 2.005 x 105.4 x -2.432 x -5.099 x -
Free Cash Flow 1 -548 -411 -5.7 201 29.9 -
ROE (net income / shareholders' equity) 23.3% 9.39% -62.4% -92% -132% -
ROA (Net income/ Total Assets) 5.28% 3.44% -0.15% -9.48% -6.6% -
Assets 1 6,373 3,926 632,268 2,351 1,740 -
Book Value Per Share 2 2.390 2.450 1.060 0.1300 0.0300 -
Cash Flow per Share 2 0.9200 0.3200 0.1500 0.1000 0.1200 -
Capex 1 40.3 65.6 0.81 9.08 5.92 60.1
Capex / Sales 2.12% 6% 0.1% 2.75% 2.42% 23.66%
Announcement Date 4/22/19 4/29/20 4/29/21 4/29/22 4/19/23 4/19/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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