GUANGDONG MINGYANG ELECTRIC CO.,LTD. Financials Guangdong Mingyang Electric Co.,Ltd.
Equities
301291
CNE1000064F5
Heavy Electrical Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 40.36 CNY | -6.40% |
|
+4.83% | +42.31% |
Valuation
| Fiscal Period: December | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 8,854 | 12,600 | - | - |
| Enterprise Value (EV) 1 | 8,854 | 12,600 | 12,600 | 12,600 |
| P/E ratio | 15.6 x | 18.3 x | 14.6 x | - |
| Yield | 2.54% | 2.45% | 3.2% | 3.96% |
| Capitalization / Revenue | 1.79 x | 1.85 x | 1.46 x | 1.09 x |
| EV / Revenue | 1.79 x | 1.85 x | 1.46 x | 1.09 x |
| EV / EBITDA | 14.9 x | 16.2 x | 12.2 x | 9.53 x |
| EV / FCF | - | - | - | - |
| FCF Yield | - | - | - | - |
| Price to Book | 2.1 x | 2.71 x | 2.39 x | 2.11 x |
| Nbr of stocks (in thousands) | 312,200 | 312,200 | - | - |
| Reference price 2 | 28.36 | 40.36 | 40.36 | 40.36 |
| Announcement Date | 4/24/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | - | 4,948 | 6,828 | 8,608 | 11,545 |
| EBITDA 1 | - | 595.2 | 779.5 | 1,033 | 1,322 |
| EBIT 1 | - | 559.9 | 732.5 | 950 | 1,240 |
| Operating Margin | - | 11.32% | 10.73% | 11.04% | 10.74% |
| Earnings before Tax (EBT) 1 | - | 560.1 | 732.5 | 950.3 | 1,240 |
| Net income 1 | 265.3 | 497.9 | 644 | 851 | 1,106 |
| Net margin | - | 10.06% | 9.43% | 9.89% | 9.58% |
| EPS 2 | 1.130 | 1.820 | 2.200 | 2.755 | - |
| Free Cash Flow | - | - | - | - | - |
| FCF margin | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - |
| Dividend per Share 2 | - | 0.7200 | 0.9900 | 1.290 | 1.600 |
| Announcement Date | 6/7/23 | 4/24/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - |
| Net Cash position | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - |
| ROE (net income / shareholders' equity) | - | 19.1% | 14% | 16.2% | 18.5% |
| ROA (Net income/ Total Assets) | - | 6.35% | 6.87% | 7.36% | 8.02% |
| Assets 1 | - | 7,836 | 9,381 | 11,570 | 13,799 |
| Book Value Per Share 2 | - | 13.50 | 14.90 | 16.90 | 19.10 |
| Cash Flow per Share 2 | - | 1.060 | 1.460 | 2.530 | 3.190 |
| Capex 1 | - | 77.1 | 342 | 425 | 206 |
| Capex / Sales | - | 1.56% | 5% | 4.93% | 1.78% |
| Announcement Date | 6/7/23 | 4/24/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
40.36
CNY
Average target price
39
CNY
Spread / Average Target
-3.37%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +42.31% | 1.86B | |
| +5.94% | 10.12B | |
| +110.54% | 5.71B | |
| +3.77% | 3.87B | |
| +55.82% | 3.62B | |
| +73.48% | 3.46B | |
| +11.35% | 3.19B | |
| +11.90% | 2.74B | |
| +17.37% | 1.93B | |
| -10.36% | 1.86B |
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