Financials Differ Group Auto Limited

Equities

6878

KYG2760V1187

Consumer Lending

Market Closed - Hong Kong S.E. 04:08:03 2024-03-28 am EDT 5-day change 1st Jan Change
0.113 HKD +1.80% Intraday chart for Differ Group Auto Limited -.--% -76.46%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,152 2,317 2,417 4,550 14,390 9,422
Enterprise Value (EV) 1 2,749 2,843 3,853 5,493 15,328 10,759
P/E ratio 13.4 x 7.86 x 7.14 x 12.1 x 32.7 x -52.3 x
Yield - - - 0.67% 0.2% -
Capitalization / Revenue 8.82 x 2.83 x 1.07 x 0.75 x 11.4 x 9.55 x
EV / Revenue 11.3 x 3.48 x 1.71 x 0.91 x 12.2 x 10.9 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.79 x 1.44 x 1.52 x 1.97 x 5.29 x 3.73 x
Nbr of stocks (in thousands) 423,601 533,039 636,339 720,839 720,839 720,839
Reference price 2 5.081 4.347 3.798 6.312 19.96 13.07
Announcement Date 4/19/18 4/23/19 4/27/20 4/26/21 4/20/22 4/27/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 243.9 817.3 2,256 6,067 1,260 986.4
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 216 407.4 435.1 502.8 624.6 -129.8
Net income 1 160.2 264.2 335.5 356.1 440.8 -180.2
Net margin 65.68% 32.33% 14.87% 5.87% 34.99% -18.27%
EPS 2 0.3782 0.5530 0.5320 0.5230 0.6110 -0.2500
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - 0.0421 0.0407 -
Announcement Date 4/19/18 4/23/19 4/27/20 4/26/21 4/20/22 4/27/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S1 2019 S2 2020 S1 2020 S2 2021 S1 2022 S1 2022 S2
Net sales 1 188.9 733.4 2,746 3,344 291.8 263 339.4
EBITDA 204.5 292.3 104.2 507.3 126.5 151.9 -
EBIT - - - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) - - - - - - -
Net income - - - - - - -
Net margin - - - - - - -
EPS - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 8/28/19 3/31/20 8/26/20 3/29/21 8/26/21 8/16/22 3/31/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 597 526 1,436 943 938 1,337
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 14.6% 19.9% 20.7% 17.9% 17.3% -6.88%
ROA (Net income/ Total Assets) 8.94% 8.03% 5.84% 5.02% 5.32% -2.11%
Assets 1 1,793 3,291 5,744 7,099 8,280 8,560
Book Value Per Share 2 2.840 3.020 2.490 3.200 3.780 3.500
Cash Flow per Share 2 0.0800 0.1600 0.2200 0.1200 0.1400 0.0400
Capex 1 4.69 13.3 136 20.8 161 156
Capex / Sales 1.92% 1.63% 6.03% 0.34% 12.75% 15.77%
Announcement Date 4/19/18 4/23/19 4/27/20 4/26/21 4/20/22 4/27/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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