Financials Shenzhen Coship Electronics Co., Ltd.

Equities

002052

CNE000001N21

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
1.88 CNY +2.73% Intraday chart for Shenzhen Coship Electronics Co., Ltd. +4.44% -3.09%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,081 2,372 783.3 1,634 1,932 1,447
Enterprise Value (EV) 1 3,016 2,397 838.8 1,782 2,001 1,462
P/E ratio -9.39 x -12 x -5 x -8.8 x -43.2 x -19.4 x
Yield - - - - - -
Capitalization / Revenue 3.86 x 3.04 x 2.72 x 11.7 x 7.58 x 6.17 x
EV / Revenue 3.78 x 3.08 x 2.91 x 12.8 x 7.85 x 6.23 x
EV / EBITDA -11.3 x -19.6 x -7.62 x -15.4 x -40.3 x -23.7 x
EV / FCF 23.4 x -92.2 x 77.2 x -51.1 x -17.1 x 13.5 x
FCF Yield 4.28% -1.09% 1.3% -1.96% -5.84% 7.4%
Price to Book 5.16 x 5.92 x 3.39 x 40.3 x 23 x 173 x
Nbr of stocks (in thousands) 745,960 745,960 745,960 745,960 745,960 745,960
Reference price 2 4.130 3.180 1.050 2.190 2.590 1.940
Announcement Date 4/26/19 4/29/20 4/29/21 4/19/22 3/30/23 4/19/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 798.1 779.5 288.5 139.2 254.8 234.6
EBITDA 1 -265.8 -122.5 -110.1 -115.8 -49.64 -61.76
EBIT 1 -289.9 -143.1 -129.8 -137.2 -70.07 -77.17
Operating Margin -36.33% -18.35% -45% -98.5% -27.5% -32.89%
Earnings before Tax (EBT) 1 -330.6 -196.4 -153.7 -185.9 -47.95 -82.9
Net income 1 -330.9 -197.4 -153.8 -185.7 -47.57 -74.75
Net margin -41.46% -25.32% -53.3% -133.38% -18.67% -31.86%
EPS 2 -0.4400 -0.2646 -0.2100 -0.2490 -0.0600 -0.1000
Free Cash Flow 1 129.1 -26.01 10.87 -34.86 -116.8 108.2
FCF margin 16.17% -3.34% 3.77% -25.04% -45.84% 46.14%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/26/19 4/29/20 4/29/21 4/19/22 3/30/23 4/19/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -21.08
Net margin -
EPS 2 -0.0283
Dividend per Share -
Announcement Date 4/29/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 25.2 55.6 148 69.1 14.9
Net Cash position 1 64.3 - - - - -
Leverage (Debt/EBITDA) - -0.2054 x -0.5048 x -1.281 x -1.392 x -0.2405 x
Free Cash Flow 1 129 -26 10.9 -34.9 -117 108
ROE (net income / shareholders' equity) -43.4% -39.5% -50.5% -137% -81.8% -239%
ROA (Net income/ Total Assets) -10.9% -7.2% -9.85% -14.5% -9.45% -11.6%
Assets 1 3,043 2,742 1,561 1,277 503.5 642.7
Book Value Per Share 2 0.8000 0.5400 0.3100 0.0500 0.1100 0.0100
Cash Flow per Share 2 0.7100 0.1400 0.0900 0.0200 0.0500 0.0100
Capex 1 5.93 5.57 5.74 28.8 7.13 26.5
Capex / Sales 0.74% 0.71% 1.99% 20.68% 2.8% 11.31%
Announcement Date 4/26/19 4/29/20 4/29/21 4/19/22 3/30/23 4/19/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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