Financials Shenzhen Ridge Engineering Consulting Co., Ltd.

Equities

300977

CNE100004KM1

Construction & Engineering

End-of-day quote Shenzhen S.E. 06:00:00 2024-06-04 pm EDT 5-day change 1st Jan Change
14.39 CNY -6.56% Intraday chart for Shenzhen Ridge Engineering Consulting Co., Ltd. -8.63% -23.01%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 3,802 1,911 2,855 2,198 - -
Enterprise Value (EV) 1 3,802 1,911 2,855 2,198 2,198 2,198
P/E ratio 29.7 x 125 x 69.2 x 36.9 x 23.2 x 17.2 x
Yield - - - - - -
Capitalization / Revenue 4.89 x - 5.81 x 3.87 x 3.39 x 2.91 x
EV / Revenue 4.89 x - 5.81 x 3.87 x 3.39 x 2.91 x
EV / EBITDA 27 x - 55.6 x 30.6 x 20.3 x 14.8 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 2.72 x - 2.01 x 1.52 x 1.45 x 1.36 x
Nbr of stocks (in thousands) 153,853 153,315 152,767 152,767 - -
Reference price 2 24.71 12.47 18.69 14.39 14.39 14.39
Announcement Date 4/26/22 4/26/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 572.7 778.2 - 491.3 567.6 649 754.7
EBITDA 1 - 140.8 - 51.35 71.94 108.5 148.2
EBIT 1 - 137.9 - 43.68 63.89 101.5 136.4
Operating Margin - 17.72% - 8.89% 11.26% 15.64% 18.08%
Earnings before Tax (EBT) 1 - 137.8 - 43.48 63.8 101.4 136.4
Net income 1 120.4 119.1 15.68 40.87 59.53 94.59 127.5
Net margin 21.03% 15.31% - 8.32% 10.49% 14.58% 16.89%
EPS 2 - 0.8311 0.1000 0.2700 0.3900 0.6200 0.8350
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 3/29/21 4/26/22 4/26/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 11.5% - 2.94% 4.11% 6.17% 7.73%
ROA (Net income/ Total Assets) - - - - 3% 3.6% 4.3%
Assets 1 - - - - 1,984 2,628 2,965
Book Value Per Share 2 - 9.070 - 9.280 9.460 9.920 10.60
Cash Flow per Share 2 - 0.4000 - 0.4200 0.5600 1.050 1.170
Capex 1 - - - 0.79 1.77 9 8
Capex / Sales - - - 0.16% 0.31% 1.39% 1.06%
Announcement Date 3/29/21 4/26/22 4/26/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
14.39 CNY
Average target price
16 CNY
Spread / Average Target
+11.19%
Consensus

Annual profits - Rate of surprise

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