Financials Zhejiang Dayuan Pumps Industry Co., Ltd

Equities

603757

CNE100002RM0

Industrial Machinery & Equipment

End-of-day quote Shanghai S.E. 06:00:00 2024-05-06 pm EDT 5-day change 1st Jan Change
21.79 CNY -0.18% Intraday chart for Zhejiang Dayuan Pumps Industry Co., Ltd -0.09% -10.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,544 3,117 3,080 3,217 4,041 3,632 - -
Enterprise Value (EV) 1 2,544 3,117 3,080 3,217 4,041 3,632 3,632 3,632
P/E ratio 14.9 x 14.3 x 20.6 x 12.3 x 14.2 x 10.8 x 7.45 x 7.92 x
Yield - 5.38% - 3.63% 4.13% 4.13% 4.7% -
Capitalization / Revenue 2.24 x 2.21 x - 1.92 x 2.15 x 1.68 x 1.33 x 1.28 x
EV / Revenue 2.24 x 2.21 x - 1.92 x 2.15 x 1.68 x 1.33 x 1.28 x
EV / EBITDA - - - 9.48 x 10.7 x 8.74 x 6.76 x 6.6 x
EV / FCF - - - 81 x 26.5 x 12.4 x 8.86 x -
FCF Yield - - - 1.23% 3.77% 8.09% 11.3% -
Price to Book 2.26 x 2.47 x - 2.17 x 2.4 x 1.93 x 1.6 x 1.47 x
Nbr of stocks (in thousands) 164,248 167,583 168,306 166,777 166,719 166,703 - -
Reference price 2 15.49 18.60 18.30 19.29 24.24 21.79 21.79 21.79
Announcement Date 4/29/20 4/15/21 4/7/22 4/23/23 4/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,135 1,413 - 1,678 1,879 2,159 2,737 2,830
EBITDA 1 - - - 339.3 376.4 415.8 537.4 550.2
EBIT 1 - 245.3 - 294.3 327.2 381.9 517.9 515.5
Operating Margin - 17.36% - 17.54% 17.41% 17.69% 18.92% 18.22%
Earnings before Tax (EBT) 1 - 244.5 - 293.1 324.8 381.2 517.9 518.5
Net income 1 170.7 213.4 147.2 260.8 285.4 336.5 459.4 457.7
Net margin 15.04% 15.1% - 15.54% 15.19% 15.59% 16.78% 16.18%
EPS 2 1.040 1.300 0.8900 1.570 1.710 2.020 2.925 2.750
Free Cash Flow 1 - - - 39.72 152.3 294 410 -
FCF margin - - - 2.37% 8.1% 13.62% 14.98% -
FCF Conversion (EBITDA) - - - 11.7% 40.46% 70.71% 76.29% -
FCF Conversion (Net income) - - - 15.23% 53.36% 87.37% 89.25% -
Dividend per Share 2 - 1.000 - 0.7000 1.000 0.9000 1.025 -
Announcement Date 4/29/20 4/15/21 4/7/22 4/23/23 4/28/24 - - -
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 - - - 39.7 152 294 410 -
ROE (net income / shareholders' equity) - 17.9% - 18.9% 17.6% 17.9% 20.2% 18.6%
ROA (Net income/ Total Assets) - 14.2% - 12.8% - 13.2% 14.2% -
Assets 1 - 1,506 - 2,033 - 2,542 3,233 -
Book Value Per Share 2 6.850 7.530 - 8.880 10.10 11.30 13.60 14.80
Cash Flow per Share 2 - - - 1.620 1.990 1.930 2.740 2.060
Capex 1 - - - 231 179 136 121 -
Capex / Sales - - - 13.74% 9.52% 6.28% 4.4% -
Announcement Date 4/29/20 4/15/21 4/7/22 4/23/23 4/28/24 - - -
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
4
Last Close Price
21.79 CNY
Average target price
39 CNY
Spread / Average Target
+78.98%
Consensus

Annual profits - Rate of surprise

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  4. Financials Zhejiang Dayuan Pumps Industry Co., Ltd
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