STARPOWER SEMICONDUCTOR LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 87.37 CNY | -0.82% |
|
+0.47% | -32.42% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 38,544 | 65,001 | 56,233 | 30,939 | 20,914 | - | - |
| Enterprise Value (EV) 1 | 38,468 | 62,134 | 54,032 | 30,075 | 18,977 | 18,250 | 17,885 |
| P/E ratio | 209 x | 154 x | 68.9 x | 34 x | 19.4 x | 15.4 x | 13.3 x |
| Yield | 0.14% | 0.18% | 0.44% | 0.88% | 1.25% | 1.63% | 1.92% |
| Capitalization / Revenue | 40 x | 38.1 x | 20.8 x | 8.45 x | 4.54 x | 3.56 x | 2.99 x |
| EV / Revenue | 39.9 x | 36.4 x | 20 x | 8.21 x | 4.12 x | 3.1 x | 2.56 x |
| EV / EBITDA | 162 x | 126 x | 54.7 x | 25.8 x | 13.7 x | 9.98 x | 8.1 x |
| EV / FCF | - | -3,194 x | -85.3 x | -16.5 x | 60.4 x | 37.9 x | 21.5 x |
| FCF Yield | - | -0.03% | -1.17% | -6.05% | 1.65% | 2.64% | 4.65% |
| Price to Book | 33.3 x | 13 x | 9.8 x | 4.81 x | 2.88 x | 2.49 x | 2.16 x |
| Nbr of stocks (in thousands) | 224,000 | 238,848 | 239,070 | 239,306 | 239,373 | - | - |
| Reference price 2 | 172.1 | 272.1 | 235.2 | 129.3 | 87.37 | 87.37 | 87.37 |
| Announcement Date | 4/8/21 | 3/11/22 | 4/7/23 | 4/7/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 779.4 | 963 | 1,707 | 2,705 | 3,663 | 4,610 | 5,878 | 6,986 |
| EBITDA 1 | 173.1 | 237.8 | 492.9 | 988.2 | 1,166 | 1,386 | 1,828 | 2,208 |
| EBIT 1 | 144.9 | 204.8 | 450.7 | 927.3 | 1,057 | 1,120 | 1,509 | 1,772 |
| Operating Margin | 18.58% | 21.26% | 26.41% | 34.28% | 28.85% | 24.3% | 25.67% | 25.36% |
| Earnings before Tax (EBT) 1 | 144.8 | 208.8 | 454 | 927.1 | 1,044 | 1,174 | 1,560 | 1,804 |
| Net income 1 | 135.3 | 180.7 | 398.4 | 817.6 | 910.5 | 1,041 | 1,372 | 1,588 |
| Net margin | 17.36% | 18.76% | 23.34% | 30.22% | 24.86% | 22.57% | 23.35% | 22.73% |
| EPS 2 | 0.8071 | 0.8214 | 1.764 | 3.414 | 3.807 | 4.494 | 5.679 | 6.568 |
| Free Cash Flow 1 | - | - | -19.45 | -633.5 | -1,820 | 314 | 481 | 831.3 |
| FCF margin | - | - | -1.14% | -23.42% | -49.69% | 6.81% | 8.18% | 11.9% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 22.65% | 26.32% | 37.65% |
| FCF Conversion (Net income) | - | - | - | - | - | 30.17% | 35.05% | 52.36% |
| Dividend per Share 2 | - | 0.2421 | 0.5007 | 1.026 | 1.141 | 1.091 | 1.422 | 1.674 |
| Announcement Date | 4/7/20 | 4/8/21 | 3/11/22 | 4/7/23 | 4/7/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 509.8 | 542.5 | 611.6 | 720.1 | 831.3 | 780.1 | 907.9 | 930.7 | 1,044 | 804.8 | 1,117 | 1,220 | 1,355 | 1,144 | 1,339 |
| EBITDA 1 | 164.8 | 175.6 | 194 | 232.5 | - | - | - | - | - | - | 349.3 | 368.4 | 395.6 | 352.4 | 427.5 |
| EBIT 1 | 145.8 | 179 | 230.6 | 269.5 | 248.2 | 242.6 | 229.3 | 243.6 | 306.7 | 197.2 | 296.8 | 329.3 | 342.9 | 301.9 | 375.9 |
| Operating Margin | 28.6% | 32.99% | 37.7% | 37.43% | 29.86% | 31.1% | 25.25% | 26.17% | 29.37% | 24.5% | 26.58% | 26.99% | 25.3% | 26.38% | 28.08% |
| Earnings before Tax (EBT) 1 | 144.3 | 179 | 230.6 | 269.6 | 248 | 242.7 | 247.4 | 260.2 | 293.7 | 197.2 | 327.4 | 337 | 339 | 325 | - |
| Net income 1 | 131.9 | 151.2 | 195.3 | 243.6 | 227.5 | 206.2 | 223.8 | 228.3 | 252.3 | 162.6 | 285.7 | 295.3 | 312 | 283.4 | 349 |
| Net margin | 25.86% | 27.88% | 31.93% | 33.83% | 27.36% | 26.43% | 24.65% | 24.53% | 24.16% | 20.2% | 25.59% | 24.2% | 23.02% | 24.77% | 26.07% |
| EPS 2 | 0.5786 | 0.6357 | 0.8143 | 1.014 | 0.9500 | 0.8643 | 0.9313 | 0.9536 | 1.057 | 0.6786 | 0.9914 | 1.089 | 1.120 | 1.035 | 1.213 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | 0.5707 | - | 0.7112 | - | - |
| Announcement Date | 3/11/22 | 4/27/22 | 8/26/22 | 10/27/22 | 4/7/23 | 4/27/23 | 8/29/23 | 10/27/23 | 4/7/24 | 4/29/24 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 76.5 | 2,867 | 2,201 | 864 | 1,937 | 2,664 | 3,029 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | -19.5 | -634 | -1,820 | 314 | 481 | 831 |
| ROE (net income / shareholders' equity) | 27.2% | 17.3% | 24.7% | 15.3% | 15.1% | 14.4% | 16.8% | 16.7% |
| ROA (Net income/ Total Assets) | - | 15.8% | 11.5% | 12.9% | - | 11.1% | 14.2% | 12.8% |
| Assets 1 | - | 1,143 | 3,473 | 6,325 | - | 9,418 | 9,669 | 12,424 |
| Book Value Per Share 2 | 3.330 | 5.170 | 20.90 | 24.00 | 26.90 | 30.30 | 35.10 | 40.40 |
| Cash Flow per Share 2 | 0.5300 | -0.5600 | 1.490 | 2.800 | 1.600 | 3.340 | 4.240 | 5.490 |
| Capex 1 | 49.5 | 89.6 | 376 | 1,302 | 2,203 | 1,247 | 581 | 749 |
| Capex / Sales | 6.35% | 9.3% | 22.04% | 48.12% | 60.14% | 27.04% | 9.89% | 10.72% |
| Announcement Date | 4/7/20 | 4/8/21 | 3/11/22 | 4/7/23 | 4/7/24 | - | - | - |
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
D
Sell
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
87.37
CNY
Average target price
146.9
CNY
Spread / Average Target
+68.09%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -32.42% | 2.89B | |
| +121.31% | 2,694B | |
| +38.45% | 655B | |
| +19.20% | 616B | |
| +13.30% | 270B | |
| +41.14% | 228B | |
| +14.39% | 178B | |
| +46.48% | 138B | |
| -38.55% | 131B | |
| +60.37% | 125B |
- Stock Market
- Equities
- 603290 Stock
- Financials StarPower Semiconductor Ltd.
