Financials Jiangnan Yifan Motor Co.,Ltd

Equities

301023

CNE100004M01

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-08 pm EDT 5-day change 1st Jan Change
32.1 CNY +0.82% Intraday chart for Jiangnan Yifan Motor Co.,Ltd +2.39% -22.65%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,899 2,008 2,283
Enterprise Value (EV) 1 2,204 1,314 1,679
P/E ratio 37.9 x 25.2 x 48.3 x
Yield 0.9% 2.82% -
Capitalization / Revenue 14 x 11 x 13.1 x
EV / Revenue 10.7 x 7.17 x 9.62 x
EV / EBITDA 30.4 x 22.2 x 30.2 x
EV / FCF 105 x 198 x 1,164 x
FCF Yield 0.96% 0.51% 0.09%
Price to Book 3.59 x 2.36 x 2.82 x
Nbr of stocks (in thousands) 56,000 56,000 55,021
Reference price 2 51.77 35.85 41.50
Announcement Date 4/25/22 4/27/23 4/21/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 145.6 169.5 184.5 206.4 183.2 174.6
EBITDA 1 59.61 72.99 83.48 72.5 59.32 55.64
EBIT 1 56.5 69.25 79.62 68.18 54.54 48.89
Operating Margin 38.8% 40.86% 43.16% 33.03% 29.77% 28.01%
Earnings before Tax (EBT) 1 62.59 73.27 78.87 75.48 92.03 53.83
Net income 1 53.29 63.16 67.89 65.53 79.78 47.61
Net margin 36.6% 37.27% 36.8% 31.74% 43.55% 27.27%
EPS 2 1.267 1.507 1.613 1.367 1.420 0.8600
Free Cash Flow 1 18.01 33.13 48.84 21.09 6.644 1.443
FCF margin 12.37% 19.55% 26.48% 10.22% 3.63% 0.83%
FCF Conversion (EBITDA) 30.22% 45.39% 58.5% 29.09% 11.2% 2.59%
FCF Conversion (Net income) 33.8% 52.45% 71.94% 32.18% 8.33% 3.03%
Dividend per Share - - - 0.4667 1.012 -
Announcement Date 4/17/20 4/17/20 6/22/21 4/25/22 4/27/23 4/21/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 90.3 128 179 695 693 604
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 18 33.1 48.8 21.1 6.64 1.44
ROE (net income / shareholders' equity) 37.8% 33.9% 28.7% 12.2% 9.55% 5.59%
ROA (Net income/ Total Assets) 18.8% 18.2% 16.7% 6.92% 3.71% 3.36%
Assets 1 284.2 346.2 407.7 946.6 2,150 1,415
Book Value Per Share 2 3.830 5.020 6.260 14.40 15.20 14.70
Cash Flow per Share 2 2.140 2.760 0.9000 10.10 8.080 6.670
Capex 1 1.82 15 6.42 34.6 24.3 17.1
Capex / Sales 1.25% 8.88% 3.48% 16.77% 13.28% 9.82%
Announcement Date 4/17/20 4/17/20 6/22/21 4/25/22 4/27/23 4/21/24
1CNY in Million2CNY
Estimates
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