Financials Guangdong Yangshan United Precision Manufacturing Co., Ltd.

Equities

001268

CNE100005GN4

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
19.09 CNY +0.85% Intraday chart for Guangdong Yangshan United Precision Manufacturing Co., Ltd. +0.95% -23.64%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 2,559 2,698
Enterprise Value (EV) 1 2,590 2,679
P/E ratio 30.8 x 43.9 x
Yield 1.48% 1%
Capitalization / Revenue 3.88 x 4.09 x
EV / Revenue 3.92 x 4.06 x
EV / EBITDA 19 x 20.2 x
EV / FCF -12.1 x 32.4 x
FCF Yield -8.25% 3.09%
Price to Book 2.73 x 2.73 x
Nbr of stocks (in thousands) 107,933 107,933
Reference price 2 23.71 25.00
Announcement Date 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 343.4 451.4 652.2 660.2 660.2
EBITDA 1 101.3 134.8 161.6 136.1 132.5
EBIT 1 79.24 107.6 123.3 87.11 70.63
Operating Margin 23.07% 23.84% 18.9% 13.2% 10.7%
Earnings before Tax (EBT) 1 73.44 98.66 106.6 78.24 70.78
Net income 1 63.86 84.48 91.66 73 61.86
Net margin 18.59% 18.71% 14.05% 11.06% 9.37%
EPS 2 0.8200 1.050 1.130 0.7700 0.5700
Free Cash Flow 1 -47.57 -28.55 -35.78 -213.7 82.77
FCF margin -13.85% -6.32% -5.49% -32.36% 12.54%
FCF Conversion (EBITDA) - - - - 62.47%
FCF Conversion (Net income) - - - - 133.8%
Dividend per Share - - - 0.3500 0.2500
Announcement Date 6/12/22 6/12/22 6/12/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 60.8 149 228 30.4 -
Net Cash position 1 - - - - 19.2
Leverage (Debt/EBITDA) 0.6009 x 1.105 x 1.413 x 0.2237 x -
Free Cash Flow 1 -47.6 -28.5 -35.8 -214 82.8
ROE (net income / shareholders' equity) 24% 24.5% 22.3% 10.6% 6.43%
ROA (Net income/ Total Assets) 11.9% 11.2% 9.6% 5.12% 3.63%
Assets 1 536.9 752.4 955.1 1,427 1,703
Book Value Per Share 2 3.990 4.700 5.460 8.670 9.140
Cash Flow per Share 2 0.1300 0.1000 0.0500 0.8400 0.7700
Capex 1 83.1 131 86.4 90.5 47.6
Capex / Sales 24.2% 28.97% 13.25% 13.71% 7.22%
Announcement Date 6/12/22 6/12/22 6/12/22 4/25/23 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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