Financials Sai MicroElectronics Inc.

Equities

300456

CNE100001ZL7

Semiconductors

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
18.1 CNY -2.53% Intraday chart for Sai MicroElectronics Inc. +1.40% -24.71%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,804 15,224 17,928 10,838 17,633 13,253 - -
Enterprise Value (EV) 1 15,804 15,224 17,928 10,838 17,633 13,253 13,253 13,253
P/E ratio 130 x 75.7 x 79.2 x -148 x 172 x 51.7 x 36.9 x 24.8 x
Yield - - - - 0.15% - - -
Capitalization / Revenue 22 x 19.9 x 19.3 x 13.8 x 13.6 x 8.44 x 6.37 x 5.21 x
EV / Revenue 22 x 19.9 x 19.3 x 13.8 x 13.6 x 8.44 x 6.37 x 5.21 x
EV / EBITDA 66,613,249 x - 60,833,986 x - - - - -
EV / FCF - - -30.4 x -8.11 x -41.7 x 100 x 65.6 x 78.9 x
FCF Yield - - -3.29% -12.3% -2.4% 1% 1.52% 1.27%
Price to Book 5.61 x 4.92 x 3.53 x 2.18 x 3.42 x 2.45 x 2.3 x 2.1 x
Nbr of stocks (in thousands) 641,899 639,122 729,979 733,289 733,497 732,213 - -
Reference price 2 24.62 23.82 24.56 14.78 24.04 18.10 18.10 18.10
Announcement Date 2/27/20 2/25/21 3/30/22 3/28/23 3/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 718 765 928.5 785.8 1,300 1,571 2,081 2,543
EBITDA 237.2 - 294.7 - - - - -
EBIT 1 147.4 241.5 197.5 -171.6 31.71 179 336 514
Operating Margin 20.53% 31.56% 21.27% -21.83% 2.44% 11.39% 16.15% 20.21%
Earnings before Tax (EBT) 1 147.5 239.9 197.1 -171.8 31.75 179 336 514
Net income 1 120.7 201 205.7 -73.36 103.6 255 362 533
Net margin 16.81% 26.27% 22.16% -9.34% 7.97% 16.23% 17.4% 20.96%
EPS 2 0.1900 0.3145 0.3100 -0.1000 0.1400 0.3500 0.4900 0.7300
Free Cash Flow 1 - - -590.4 -1,337 -423.1 132 202 168
FCF margin - - -63.58% -170.13% -32.56% 8.4% 9.71% 6.61%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - 51.76% 55.8% 31.52%
Dividend per Share 2 - - - - 0.0350 - - -
Announcement Date 2/27/20 2/25/21 3/30/22 3/28/23 3/26/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - -590 -1,337 -423 132 202 168
ROE (net income / shareholders' equity) 4.71% 6.81% 5.04% -1.46% 2.04% 5% 6% 8%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 4.390 4.840 6.960 6.790 7.040 7.390 7.880 8.610
Cash Flow per Share 0.2900 0.4000 0.1600 - - - - -
Capex 1 - - 694 1,263 568 600 600 600
Capex / Sales - - 74.74% 160.74% 43.67% 38.19% 28.83% 23.59%
Announcement Date 2/27/20 2/25/21 3/30/22 3/28/23 3/26/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
18.1
Average target price
-
Consensus

Annual profits - Rate of surprise

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