Financials HNAC Technology Co., Ltd.

Equities

300490

CNE1000024T0

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
8.47 CNY +0.24% Intraday chart for HNAC Technology Co., Ltd. -6.62% -27.05%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,431 2,901 2,915 7,356 3,801 4,556
Enterprise Value (EV) 1 3,543 3,043 3,160 7,464 4,618 4,896
P/E ratio 30.5 x 32.6 x 103 x 150 x -9.01 x -24.7 x
Yield 0.38% 0.27% 0.18% 0.13% - -
Capitalization / Revenue 2.49 x 2.02 x 2.51 x 3.24 x 2.18 x 1.92 x
EV / Revenue 2.57 x 2.12 x 2.72 x 3.29 x 2.65 x 2.07 x
EV / EBITDA 24.6 x 23.9 x 43.4 x 65.3 x -29.9 x -55.1 x
EV / FCF -5.67 x -33 x 129 x -12.7 x -10.4 x -28.3 x
FCF Yield -17.6% -3.03% 0.78% -7.89% -9.63% -3.54%
Price to Book 2.05 x 1.64 x 1.67 x 2.97 x 1.83 x 1.64 x
Nbr of stocks (in thousands) 261,940 261,818 256,172 327,824 329,700 392,404
Reference price 2 13.10 11.08 11.38 22.44 11.53 11.61
Announcement Date 4/15/19 4/24/20 3/29/21 4/27/22 4/21/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,380 1,439 1,162 2,268 1,740 2,369
EBITDA 1 143.9 127.3 72.78 114.3 -154.2 -88.85
EBIT 1 115.8 96.74 38.83 66.31 -214.3 -186.2
Operating Margin 8.39% 6.72% 3.34% 2.92% -12.32% -7.86%
Earnings before Tax (EBT) 1 111.1 107.5 28.27 40.3 -480.1 -203.4
Net income 1 101 87.94 30.06 41.28 -420.9 -179.8
Net margin 7.32% 6.11% 2.59% 1.82% -24.19% -7.59%
EPS 2 0.4300 0.3400 0.1100 0.1500 -1.280 -0.4700
Free Cash Flow 1 -624.7 -92.18 24.52 -588.9 -444.7 -173.2
FCF margin -45.27% -6.41% 2.11% -25.96% -25.56% -7.31%
FCF Conversion (EBITDA) - - 33.7% - - -
FCF Conversion (Net income) - - 81.58% - - -
Dividend per Share 2 0.0500 0.0300 0.0200 0.0300 - -
Announcement Date 4/15/19 4/24/20 3/29/21 4/27/22 4/21/23 4/26/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 112 142 245 108 817 340
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.7751 x 1.119 x 3.366 x 0.9415 x -5.296 x -3.829 x
Free Cash Flow 1 -625 -92.2 24.5 -589 -445 -173
ROE (net income / shareholders' equity) 6.68% 5.03% 1.79% 2.09% -18.4% -7.91%
ROA (Net income/ Total Assets) 2.86% 2.04% 0.73% 0.99% -2.49% -1.84%
Assets 1 3,535 4,300 4,111 4,180 16,907 9,795
Book Value Per Share 2 6.390 6.740 6.820 7.560 6.310 7.080
Cash Flow per Share 2 0.7200 0.8300 1.480 1.550 1.420 1.680
Capex 1 89.7 110 133 317 171 579
Capex / Sales 6.5% 7.66% 11.43% 13.98% 9.82% 24.43%
Announcement Date 4/15/19 4/24/20 3/29/21 4/27/22 4/21/23 4/26/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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