Financials Shanghai Suochen Information Technology Co.,Ltd.

Equities

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-05-16 pm EDT			5-day change	1st Jan Change
90.88 ^CNY	+3.39%		-0.32%	-33.54%

Apr. 25	Shanghai Suochen Information Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 18	Shanghai Suochen Information Technology Co.,Ltd.(SHSE:688507) added to Shanghai Stock Exchange A Share Index	CI

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	8,365	5,559	-	-
Enterprise Value (EV) ¹	8,365	5,559	5,559	5,559
P/E ratio	133 x	71.4 x	52.2 x	34.6 x
Yield	-	0.06%	0.09%	-
Capitalization / Revenue	26 x	12.1 x	9.07 x	6.62 x
EV / Revenue	26 x	12.1 x	9.07 x	6.62 x
EV / EBITDA	112 x	80.5 x	44.1 x	26.7 x
EV / FCF	-	-	-	-
FCF Yield	-	-	-	-
Price to Book	2.89 x	1.88 x	1.62 x	1.74 x
Nbr of stocks (in thousands)	61,173	61,173	-	-
Reference price ²	136.8	90.88	90.88	90.88
Announcement Date	2/25/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	321.9	459.4	612.7	839.6
EBITDA ¹	-	74.67	69.1	126.1	208.1
EBIT ¹	-	55.59	85.5	116.3	169.8
Operating Margin	-	17.27%	18.61%	18.99%	20.23%
Earnings before Tax (EBT) ¹	-	55.43	83.42	117.4	185.4
Net income ¹	53.77	57.78	78.19	106.6	161
Net margin	-	17.95%	17.02%	17.4%	19.18%
EPS ²	1.730	1.030	1.273	1.742	2.630
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ²	-	-	0.0500	0.0800	-
Announcement Date	4/16/23	2/25/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	2.76%	2.66%	3.51%	5.12%
ROA (Net income/ Total Assets)	-	-	2.35%	2.95%	4%
Assets ¹	-	-	3,327	3,614	4,026
Book Value Per Share ²	-	47.30	48.30	56.10	52.40
Cash Flow per Share ²	-	-0.9300	-1.910	-0.0900	0.4100
Capex ¹	-	34.7	72.3	46.7	53.1
Capex / Sales	-	10.79%	15.73%	7.61%	6.33%
Announcement Date	4/16/23	2/25/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

90.88 CNY

Average target price

122.5 CNY

Spread / Average Target

+34.79%

	1st Jan change	Capi.
SHANGHAI SUOCHEN INFORMATION TECHNOLOGY CO.,LTD.	-33.54%	745M
ACCENTURE PLC	-13.48%	194B
TATA CONSULTANCY SERVICES LTD.	+1.07%	169B
IBM	+3.37%	155B
AUTOMATIC DATA PROCESSING, INC.	+8.31%	102B
CROWDSTRIKE HOLDINGS, INC.	+35.49%	82.01B
RELX PLC	+11.19%	81.78B
INFOSYS LIMITED	-6.39%	72.08B
SNOWFLAKE INC.	-18.66%	55.12B
HCL TECHNOLOGIES LIMITED	-9.06%	43.73B