Financials QITIAN Technology Group Co., Ltd.

Equities

300061

CNE100000MC6

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End-of-day quote Shenzhen S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
4.2 CNY +2.19% Intraday chart for QITIAN Technology Group Co., Ltd. +15.07% -28.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,075 4,228 3,160 6,868 4,409 3,862
Enterprise Value (EV) 1 3,459 3,724 3,246 7,084 4,544 3,862
P/E ratio -5.13 x 79.8 x -3.98 x -19.3 x 83.6 x -7.81 x
Yield - - - - - -
Capitalization / Revenue 1.77 x 3.43 x 2.16 x 6.51 x 3.51 x 3.96 x
EV / Revenue 1.5 x 3.02 x 2.22 x 6.72 x 3.62 x 3.96 x
EV / EBITDA 7.25 x 55.9 x 82.5 x 572 x 56.4 x 946 x
EV / FCF 502 x 16.1 x -140 x -135 x 84.8 x -
FCF Yield 0.2% 6.2% -0.72% -0.74% 1.18% -
Price to Book 1.74 x 2.31 x 1.77 x 4.52 x 3.6 x -
Nbr of stocks (in thousands) 684,847 662,686 655,642 646,716 658,994 658,994
Reference price 2 5.950 6.380 4.820 10.62 6.690 5.860
Announcement Date 4/26/19 4/24/20 4/23/21 4/26/22 4/26/23 4/23/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,305 1,233 1,465 1,054 1,256 974.9
EBITDA 1 477.2 66.66 39.33 12.38 80.57 4.081
EBIT 1 433.8 57.16 29.13 6.798 75.29 -33.09
Operating Margin 18.82% 4.63% 1.99% 0.64% 6% -3.39%
Earnings before Tax (EBT) 1 -687.1 57.57 -764.6 -356.6 66.56 -496.2
Net income 1 -793.5 52.24 -758.2 -366 51.73 -495.4
Net margin -34.42% 4.24% -51.75% -34.71% 4.12% -50.82%
EPS 2 -1.160 0.0800 -1.210 -0.5500 0.0800 -0.7500
Free Cash Flow 1 6.895 230.8 -23.25 -52.65 53.59 -
FCF margin 0.3% 18.71% -1.59% -4.99% 4.27% -
FCF Conversion (EBITDA) 1.44% 346.22% - - 66.51% -
FCF Conversion (Net income) - 441.81% - - 103.59% -
Dividend per Share - - - - - -
Announcement Date 4/26/19 4/24/20 4/23/21 4/26/22 4/26/23 4/23/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 85.7 216 135 -
Net Cash position 1 616 504 - - - -
Leverage (Debt/EBITDA) - - 2.178 x 17.44 x 1.674 x -
Free Cash Flow 1 6.9 231 -23.3 -52.6 53.6 -
ROE (net income / shareholders' equity) -24.3% 1.01% -39.8% -27.5% 4.1% -
ROA (Net income/ Total Assets) 7.34% 1.09% 0.64% 0.21% 2.54% -
Assets 1 -10,815 4,811 -119,292 -178,260 2,038 -
Book Value Per Share 2 3.410 2.760 2.720 2.350 1.860 -
Cash Flow per Share 2 1.070 1.240 0.8700 0.2400 0.5700 -
Capex 1 96.7 25.7 3.03 10.5 9.7 15.7
Capex / Sales 4.19% 2.08% 0.21% 1% 0.77% 1.61%
Announcement Date 4/26/19 4/24/20 4/23/21 4/26/22 4/26/23 4/23/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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