Financials Hundsun Technologies Inc.

Equities

600570

CNE000001GD5

Software

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
21.51 CNY +5.18% Intraday chart for Hundsun Technologies Inc. +5.91% -25.21%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 62,429 109,525 90,105 76,806 54,606 40,743 - -
Enterprise Value (EV) 1 61,323 108,403 88,939 74,121 52,644 37,390 34,824 34,536
P/E ratio 44.2 x 82.6 x 61.5 x 71 x 38.3 x 23.4 x 18.6 x 17.6 x
Yield 0.68% 0.1% 0.16% 0.32% 0.45% 0.68% 1.15% 0.93%
Capitalization / Revenue 16.1 x 26.2 x 16.4 x 11.8 x 7.5 x 5.06 x 4.22 x 3.98 x
EV / Revenue 15.8 x 26 x 16.2 x 11.4 x 7.23 x 4.64 x 3.61 x 3.37 x
EV / EBITDA 38.4 x 71.6 x 55.1 x 57.6 x 32.6 x 19.9 x 14.4 x 13.1 x
EV / FCF 87.1 x 118 x 326 x 87.8 x 147 x 22.1 x 16.7 x 10.7 x
FCF Yield 1.15% 0.85% 0.31% 1.14% 0.68% 4.53% 5.97% 9.36%
Price to Book 13.9 x 24.1 x 15.9 x 11.3 x 6.81 x 4.38 x 3.74 x 3.16 x
Nbr of stocks (in thousands) 1,900,245 1,900,245 1,884,748 1,898,316 1,898,682 1,894,145 - -
Reference price 2 32.85 57.64 47.81 40.46 28.76 21.51 21.51 21.51
Announcement Date 4/24/20 4/26/21 3/30/22 3/31/23 3/24/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,872 4,173 5,497 6,502 7,281 8,051 9,650 10,238
EBITDA 1 1,598 1,513 1,613 1,288 1,617 1,882 2,420 2,642
EBIT 1 1,528 1,441 1,511 1,124 1,452 1,749 2,307 2,414
Operating Margin 39.47% 34.54% 27.48% 17.29% 19.94% 21.72% 23.91% 23.58%
Earnings before Tax (EBT) 1 1,527 1,438 1,510 1,125 1,453 1,758 2,295 2,471
Net income 1 1,416 1,322 1,464 1,091 1,424 1,742 2,192 2,344
Net margin 36.57% 31.68% 26.63% 16.78% 19.56% 21.64% 22.71% 22.9%
EPS 2 0.7439 0.6978 0.7769 0.5700 0.7500 0.9197 1.156 1.223
Free Cash Flow 1 704.1 916.6 273 844.7 357.3 1,695 2,081 3,234
FCF margin 18.18% 21.97% 4.97% 12.99% 4.91% 21.05% 21.56% 31.59%
FCF Conversion (EBITDA) 44.06% 60.56% 16.93% 65.6% 22.09% 90.06% 85.99% 122.39%
FCF Conversion (Net income) 49.73% 69.35% 18.65% 77.42% 25.08% 97.29% 94.94% 137.95%
Dividend per Share 2 0.2240 0.0550 0.0769 0.1300 0.1300 0.1467 0.2480 0.2002
Announcement Date 4/24/20 4/26/21 3/30/22 3/31/23 3/24/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,052 1,069 2,376 973.4 1,412 2,386 1,351 2,765 1,130 1,697 1,541 2,914 1,293 1,936 1,784 3,013 1,516
EBITDA - - - - - - - - - - - - - - - - -
EBIT - - 754 -64.5 -43.9 - 104.5 1,128 - 210.8 131.4 - - - - - -
Operating Margin - - 31.74% -6.63% -3.11% - 7.73% 40.79% - 12.42% 8.53% - - - - - -
Earnings before Tax (EBT) 1 - 3.752 752.8 -64 -43.76 - 104 1,128 248.8 210.8 132.5 - 136.3 410.1 384.6 728.5 184.4
Net income 1 715.1 -31.25 779.7 -41.3 -54.5 -95.8 107.3 1,080 222.1 224.3 160.4 - 123 396.8 371.3 715.3 168.3
Net margin 34.85% -2.92% 32.82% -4.24% -3.86% -4.02% 7.94% 39.04% 19.66% 13.22% 10.41% - 9.51% 20.49% 20.81% 23.74% 11.1%
EPS 2 - -0.0154 0.4154 -0.0231 -0.0269 - 0.0600 0.5600 0.1200 0.1200 0.0800 - 0.0474 0.1544 0.1777 0.4882 0.0886
Dividend per Share 2 - - - - - - - - - - - - 0.0357 0.0357 0.0357 0.0357 0.0442
Announcement Date 8/25/21 10/28/21 3/30/22 4/27/22 8/25/22 8/25/22 10/26/22 3/31/23 4/27/23 8/25/23 10/26/23 3/24/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,106 1,122 1,167 2,685 1,962 3,353 5,919 6,207
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 704 917 273 845 357 1,695 2,081 3,234
ROE (net income / shareholders' equity) 37.2% 31.6% 30.1% 17.4% 19.3% 19% 19.4% 17.7%
ROA (Net income/ Total Assets) - 14.4% 13.3% - - 10.6% 11.6% 10.9%
Assets 1 - 9,165 11,026 - - 16,428 18,926 21,474
Book Value Per Share 2 2.360 2.400 3.010 3.590 4.230 4.920 5.750 6.800
Cash Flow per Share 2 0.5600 0.7400 0.5100 0.6000 0.6600 1.010 1.220 1.170
Capex 1 367 481 684 294 904 416 325 343
Capex / Sales 9.47% 11.53% 12.44% 4.51% 12.42% 5.17% 3.36% 3.35%
Announcement Date 4/24/20 4/26/21 3/30/22 3/31/23 3/24/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
21.51 CNY
Average target price
33.22 CNY
Spread / Average Target
+54.44%
Consensus
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  4. Financials Hundsun Technologies Inc.