Financials Datang Telecom Technology Co., Ltd.

Equities

600198

CNE000000X87

Communications & Networking

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
5.77 CNY +0.17% Intraday chart for Datang Telecom Technology Co., Ltd. +8.87% -12.18%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,954 9,430 9,077 11,626 7,777 8,604
Enterprise Value (EV) 1 7,344 10,872 9,438 10,886 7,319 8,354
P/E ratio 10.3 x -10.5 x -6.66 x -195 x 208 x 220 x
Yield - - - - - -
Capitalization / Revenue 2.46 x 6.59 x 7.52 x 8.87 x 7.23 x 8.39 x
EV / Revenue 3.04 x 7.6 x 7.82 x 8.3 x 6.81 x 8.15 x
EV / EBITDA -13.8 x -29.5 x -24.5 x 239 x 53.9 x 54.4 x
EV / FCF -4.46 x -15.1 x 7.37 x -10.7 x -21.8 x 15 x
FCF Yield -22.4% -6.62% 13.6% -9.37% -4.59% 6.68%
Price to Book 29.6 x 281 x -6.92 x 27 x 15.8 x 27.7 x
Nbr of stocks (in thousands) 882,108 882,108 882,108 1,313,709 1,313,709 1,309,617
Reference price 2 6.750 10.69 10.29 8.850 5.920 6.570
Announcement Date 4/17/19 4/28/20 4/28/21 4/7/22 4/27/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,416 1,431 1,207 1,311 1,075 1,025
EBITDA 1 -532.4 -369 -384.6 45.5 135.8 153.7
EBIT 1 -611.8 -421.5 -433 8.663 112 93.63
Operating Margin -25.32% -29.47% -35.87% 0.66% 10.42% 9.14%
Earnings before Tax (EBT) 1 593.8 -976.5 -1,688 75.78 123.4 83.67
Net income 1 579.6 -899.3 -1,364 -50.95 37.46 39.09
Net margin 23.98% -62.86% -112.97% -3.89% 3.49% 3.81%
EPS 2 0.6571 -1.020 -1.546 -0.0454 0.0285 0.0298
Free Cash Flow 1 -1,646 -719.6 1,281 -1,020 -336 558.1
FCF margin -68.11% -50.3% 106.14% -77.82% -31.26% 54.45%
FCF Conversion (EBITDA) - - - - - 363.22%
FCF Conversion (Net income) - - - - - 1,427.57%
Dividend per Share - - - - - -
Announcement Date 4/17/19 4/28/20 4/28/21 4/7/22 4/27/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,389 1,442 361 - - -
Net Cash position 1 - - - 741 459 250
Leverage (Debt/EBITDA) -2.61 x -3.908 x -0.9384 x - - -
Free Cash Flow 1 -1,646 -720 1,281 -1,020 -336 558
ROE (net income / shareholders' equity) 173% -98.2% -384% 10.6% 6.35% 6.95%
ROA (Net income/ Total Assets) -4.74% -4.01% -6.07% 0.13% 1.73% 1.83%
Assets 1 -12,216 22,427 22,450 -39,836 2,165 2,142
Book Value Per Share 2 0.2300 0.0400 -1.490 0.3300 0.3800 0.2400
Cash Flow per Share 2 1.190 0.5000 0.3500 0.9500 0.5800 0.3800
Capex 1 178 153 66.3 23.4 20.8 110
Capex / Sales 7.37% 10.68% 5.49% 1.79% 1.93% 10.73%
Announcement Date 4/17/19 4/28/20 4/28/21 4/7/22 4/27/23 4/25/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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