Financials Zhejiang Jingu Company Limited

Equities

002488

CNE100000VN4

Auto, Truck & Motorcycle Parts

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
5.53 CNY +5.53% Intraday chart for Zhejiang Jingu Company Limited +17.91% -22.98%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 8,063 6,704 6,932 6,065 8,420 5,793
Enterprise Value (EV) 1 6,929 6,752 8,095 7,607 9,873 7,580
P/E ratio 133 x 41.4 x 357 x -37.9 x 97.6 x 54.9 x
Yield - 1.51% - - - -
Capitalization / Revenue 2.68 x 2.45 x 3.27 x 2.31 x 3.09 x 1.92 x
EV / Revenue 2.3 x 2.47 x 3.82 x 2.9 x 3.62 x 2.51 x
EV / EBITDA 67.4 x 248 x 42.8 x 45.5 x 87.4 x -205 x
EV / FCF -29.2 x -27.9 x -11.1 x -26.7 x -572 x -23.8 x
FCF Yield -3.42% -3.59% -9.02% -3.74% -0.17% -4.21%
Price to Book 1.72 x 1.63 x 1.56 x 1.55 x 2.2 x 1.5 x
Nbr of stocks (in thousands) 1,011,204 1,011,204 972,197 999,148 959,030 959,030
Reference price 2 7.973 6.630 7.130 6.070 8.780 6.040
Announcement Date 4/16/18 4/26/19 4/29/20 4/28/21 4/28/22 4/3/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3,011 2,736 2,119 2,621 2,728 3,019
EBITDA 1 102.9 27.22 189.2 167.3 113 -36.91
EBIT 1 -41.31 -113.6 43.11 12.69 -49.78 -192.6
Operating Margin -1.37% -4.15% 2.03% 0.48% -1.82% -6.38%
Earnings before Tax (EBT) 1 33.83 249.2 21.97 -173 79.53 372.9
Net income 1 53.98 164.2 23.1 -163.2 67.55 110
Net margin 1.79% 6% 1.09% -6.23% 2.48% 3.64%
EPS 2 0.0600 0.1600 0.0200 -0.1600 0.0900 0.1100
Free Cash Flow 1 -237 -242.3 -730.2 -284.6 -17.26 -318.9
FCF margin -7.87% -8.86% -34.46% -10.86% -0.63% -10.56%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 0.1000 - - - -
Announcement Date 4/16/18 4/26/19 4/29/20 4/28/21 4/28/22 4/3/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - 47.3 1,163 1,542 1,452 1,787
Net Cash position 1 1,134 - - - - -
Leverage (Debt/EBITDA) - 1.737 x 6.148 x 9.219 x 12.86 x -48.42 x
Free Cash Flow 1 -237 -242 -730 -285 -17.3 -319
ROE (net income / shareholders' equity) 1.94% 3.97% 0.5% -4.26% 1.78% 2.81%
ROA (Net income/ Total Assets) -0.45% -0.98% 0.39% 0.12% -0.48% -1.72%
Assets 1 -11,948 -16,728 5,995 -134,408 -14,076 -6,382
Book Value Per Share 2 4.620 4.070 4.560 3.930 3.990 4.020
Cash Flow per Share 2 3.370 2.210 0.8400 0.4100 0.5800 0.5900
Capex 1 264 253 211 163 102 325
Capex / Sales 8.77% 9.26% 9.96% 6.22% 3.74% 10.76%
Announcement Date 4/16/18 4/26/19 4/29/20 4/28/21 4/28/22 4/3/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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