Financials HNA Technology Co.,Ltd.

Equities

600751

CNE000000MG8

Electronic Equipment & Parts

End-of-day quote Shanghai S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
2.33 CNY +5.43% Intraday chart for HNA Technology Co.,Ltd. +4.02% -11.07%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 16,917 7,655 8,171 7,302 8,219 6,475
Enterprise Value (EV) 1 53,491 48,083 48,653 32,619 -660 177
P/E ratio 21.9 x 136 x 16.3 x -0.78 x 2.81 x 33.3 x
Yield - - - - - -
Capitalization / Revenue 0.05 x 0.02 x 0.02 x 0.02 x 56.3 x 44.1 x
EV / Revenue 0.17 x 0.14 x 0.15 x 0.1 x -4.52 x 1.2 x
EV / EBITDA 11.1 x 7.91 x 6.7 x 3.86 x -0.4 x -2.42 x
EV / FCF -9.12 x -38.9 x 29.8 x 1.6 x -0.04 x -0.14 x
FCF Yield -11% -2.57% 3.36% 62.7% -2,651% -738%
Price to Book 1.32 x 0.59 x 0.61 x 2 x 1.25 x 0.95 x
Nbr of stocks (in thousands) 2,899,338 2,899,338 2,899,338 2,899,338 2,899,338 2,899,338
Reference price 2 6.110 2.710 2.930 2.640 2.980 2.330
Announcement Date 4/28/18 4/27/19 4/19/20 4/12/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 315,185 336,472 327,153 336,694 145.9 146.9
EBITDA 1 4,809 6,082 7,261 8,458 1,653 -73.2
EBIT 1 3,180 4,759 5,906 7,093 990.9 -92.03
Operating Margin 1.01% 1.41% 1.81% 2.11% 679.27% -62.63%
Earnings before Tax (EBT) 1 678.2 712.9 1,461 -10,592 2,058 194.7
Net income 1 820.6 60.24 521.9 -9,789 3,080 194.7
Net margin 0.26% 0.02% 0.16% -2.91% 2,111.6% 132.53%
EPS 2 0.2787 0.0200 0.1800 -3.380 1.060 0.0700
Free Cash Flow 1 -5,865 -1,235 1,635 20,445 17,494 -1,306
FCF margin -1.86% -0.37% 0.5% 6.07% 11,992.82% -888.87%
FCF Conversion (EBITDA) - - 22.52% 241.72% 1,058.03% -
FCF Conversion (Net income) - - 313.3% - 567.95% -
Dividend per Share - - - - - -
Announcement Date 4/28/18 4/27/19 4/19/20 4/12/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 36,574 40,428 40,483 25,317 - -
Net Cash position 1 - - - - 8,879 6,298
Leverage (Debt/EBITDA) 7.605 x 6.647 x 5.575 x 2.993 x - -
Free Cash Flow 1 -5,865 -1,235 1,635 20,445 17,494 -1,306
ROE (net income / shareholders' equity) 6.85% 1.17% 4.73% -92.2% 28.7% 2.64%
ROA (Net income/ Total Assets) 1.65% 2.36% 2.88% 3.56% 0.92% -0.5%
Assets 1 49,717 2,550 18,145 -275,332 333,246 -38,905
Book Value Per Share 2 4.630 4.600 4.780 1.320 2.390 2.460
Cash Flow per Share 2 2.590 2.400 2.170 3.590 2.660 2.180
Capex 1 957 1,183 1,364 1,150 758 845
Capex / Sales 0.3% 0.35% 0.42% 0.34% 519.77% 575.32%
Announcement Date 4/28/18 4/27/19 4/19/20 4/12/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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