Financials Ningbo Sunrise Elc Technology Co.,Ltd

Equities

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-06 pm EDT			5-day change	1st Jan Change
22.7 ^CNY	-0.79%		+3.04%	-12.89%

Apr. 25	Ningbo Sunrise Elc Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 23	Ningbo Sunrise Electronic Technology to Buy Back Up to 70 Million Yuan Worth of Shares	MT

Fiscal Period: December	2021	2022	2023	2024	2025
Capitalization ¹	5,998	6,746	7,760	6,760	-
Enterprise Value (EV) ¹	5,998	6,746	7,760	6,760	6,760
P/E ratio	53.1 x	30.6 x	30 x	16.3 x	12.9 x
Yield	-	0.88%	1.15%	0.7%	1.52%
Capitalization / Revenue	-	3.82 x	3.87 x	2.22 x	1.84 x
EV / Revenue	-	3.82 x	3.87 x	2.22 x	1.84 x
EV / EBITDA	-	22.8 x	20.7 x	12.3 x	9.05 x
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	-	5.37 x	5.34 x	3.53 x	4.3 x
Nbr of stocks (in thousands)	297,527	297,853	297,770	297,780	-
Reference price ²	20.16	22.65	26.06	22.70	22.70
Announcement Date	3/29/22	4/3/23	4/16/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025
Net sales ¹	-	1,767	2,006	3,050	3,681
EBITDA ¹	-	296.3	374.7	548	747
EBIT ¹	-	239.9	305.9	461	582.5
Operating Margin	-	13.57%	15.25%	15.11%	15.82%
Earnings before Tax (EBT) ¹	-	234.6	303.4	461	580
Net income ¹	113.4	218.9	267	415	523.5
Net margin	-	12.39%	13.31%	13.61%	14.22%
EPS ²	0.3800	0.7400	0.8700	1.390	1.760
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ²	-	0.2000	0.3000	0.1600	0.3450
Announcement Date	3/29/22	4/3/23	4/16/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	19%	19.1%	24.1%	59.2%
ROA (Net income/ Total Assets)	-	13.1%	12%	14.7%	16.3%
Assets ¹	-	1,670	2,217	2,823	3,212
Book Value Per Share ²	-	4.220	4.880	6.430	5.280
Cash Flow per Share ²	-	0.8800	1.450	0.4100	1.800
Capex ¹	-	219	284	180	213
Capex / Sales	-	12.39%	14.18%	5.9%	5.77%
Announcement Date	3/29/22	4/3/23	4/16/24	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

22.7 CNY

Average target price

34.33 CNY

Spread / Average Target

+51.23%

	1st Jan change	Capi.
NINGBO SUNRISE ELC TECHNOLOGY CO.,LTD	-12.89%	937M
TE CONNECTIVITY LTD.	+1.95%	43.86B
FUJIKURA LTD.	+164.50%	5.25B
XIAMEN FARATRONIC CO., LTD.	+6.18%	3.07B
FANGDA CARBON NEW MATERIAL CO.,LTD	+2.29%	2.95B
MPI CORPORATION	+89.43%	1.2B
BEIJING YUANLIU HONGYUAN ELECTRONIC TECHNOLOGY CO., LTD.	-28.51%	1.15B
TOYO TANSO CO., LTD.	+68.03%	1.09B
ACBEL POLYTECH INC.	-6.81%	1.02B
JIANGSU LETTALL ELECTRONIC CO.,LTD	-21.23%	884M