Financials Sinomach Auto mobile Co.,Ltd

Equities

600335

CNE0000017D0

Auto & Truck Manufacturers

End-of-day quote Shanghai S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
7.14 CNY +2.73% Intraday chart for Sinomach Auto mobile Co.,Ltd +4.85% -19.78%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6,426 8,450 7,241 12,646 11,305 13,313
Enterprise Value (EV) 1 11,901 8,019 6,661 9,544 11,274 12,195
P/E ratio 10.8 x 15.7 x 16.9 x 49.4 x 35.5 x 640 x
Yield 2.4% 1.03% 2.41% 0.81% 1.03% -
Capitalization / Revenue 0.15 x 0.16 x 0.16 x 0.29 x 0.29 x 0.31 x
EV / Revenue 0.27 x 0.15 x 0.15 x 0.22 x 0.28 x 0.28 x
EV / EBITDA 8.28 x 5.85 x 4.86 x 8.43 x 11.2 x 8.73 x
EV / FCF 38.2 x 2.17 x -3.8 x 3.79 x -2.99 x 9.81 x
FCF Yield 2.62% 46.1% -26.3% 26.4% -33.4% 10.2%
Price to Book 0.81 x 0.83 x 0.69 x 1.19 x 1.03 x 1.22 x
Nbr of stocks (in thousands) 1,029,737 1,456,875 1,456,875 1,456,875 1,456,875 1,495,789
Reference price 2 6.240 5.800 4.970 8.680 7.760 8.900
Announcement Date 4/29/19 4/28/20 4/26/21 4/12/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 44,253 52,162 44,135 43,945 39,569 43,520
EBITDA 1 1,438 1,370 1,369 1,132 1,003 1,396
EBIT 1 1,108 858 906.1 680.8 570.5 873.3
Operating Margin 2.5% 1.64% 2.05% 1.55% 1.44% 2.01%
Earnings before Tax (EBT) 1 791.2 702.5 498.8 428.4 485.5 152.5
Net income 1 594.8 537.6 427.5 256.1 318.6 20.79
Net margin 1.34% 1.03% 0.97% 0.58% 0.81% 0.05%
EPS 2 0.5776 0.3690 0.2934 0.1758 0.2187 0.0139
Free Cash Flow 1 311.5 3,698 -1,751 2,517 -3,765 1,243
FCF margin 0.7% 7.09% -3.97% 5.73% -9.52% 2.86%
FCF Conversion (EBITDA) 21.67% 269.9% - 222.28% - 89.02%
FCF Conversion (Net income) 52.37% 687.9% - 982.69% - 5,978.68%
Dividend per Share 2 0.1500 0.0600 0.1200 0.0700 0.0800 -
Announcement Date 4/29/19 4/28/20 4/26/21 4/12/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 5,476 - - - - -
Net Cash position 1 - 431 579 3,101 31.7 1,117
Leverage (Debt/EBITDA) 3.809 x - - - - -
Free Cash Flow 1 311 3,698 -1,751 2,517 -3,765 1,243
ROE (net income / shareholders' equity) 7.08% 5.4% 2.42% 2.65% 2.83% 0.18%
ROA (Net income/ Total Assets) 2.73% 1.42% 1.62% 1.37% 1.14% 1.63%
Assets 1 21,806 37,833 26,453 18,748 27,967 1,276
Book Value Per Share 2 7.700 6.950 7.230 7.260 7.510 7.300
Cash Flow per Share 2 2.660 3.960 3.050 3.590 2.150 2.390
Capex 1 718 1,110 522 640 639 1,241
Capex / Sales 1.62% 2.13% 1.18% 1.46% 1.61% 2.85%
Announcement Date 4/29/19 4/28/20 4/26/21 4/12/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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