ANKER INNOVATIONS LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 94.96 CNY | +0.48% |
|
-0.73% | +7.18% |
| Apr. 26 | Anker Innovations Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 25 | Anker Innovations Limited Proposes Final Cash Dividend for the Year 2023 | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 66,760 | 41,659 | 24,089 | 36,009 | 38,604 | - | - |
| Enterprise Value (EV) 1 | 66,760 | 40,717 | 24,078 | 34,892 | 36,741 | 36,403 | 35,013 |
| P/E ratio | 73 x | 42.4 x | 21.1 x | 22.4 x | 20.5 x | 17.5 x | 15 x |
| Yield | 0.49% | 0.78% | 2.02% | 2.26% | 2.42% | 2.33% | 3.27% |
| Capitalization / Revenue | 7.14 x | 3.31 x | 1.69 x | 2.06 x | 1.83 x | 1.62 x | 1.39 x |
| EV / Revenue | 7.14 x | 3.24 x | 1.69 x | 1.99 x | 1.74 x | 1.53 x | 1.26 x |
| EV / EBITDA | 65.3 x | 36.5 x | 18.3 x | 18.4 x | 17.6 x | 14.7 x | 12.3 x |
| EV / FCF | - | 168 x | 86 x | 25.6 x | 19.4 x | 22.4 x | 30.9 x |
| FCF Yield | - | 0.59% | 1.16% | 3.9% | 5.15% | 4.46% | 3.24% |
| Price to Book | 12.4 x | 6.89 x | 3.52 x | 4.5 x | 4.38 x | 3.78 x | 3.43 x |
| Nbr of stocks (in thousands) | 406,427 | 406,427 | 406,427 | 406,427 | 406,525 | - | - |
| Reference price 2 | 164.3 | 102.5 | 59.27 | 88.60 | 94.96 | 94.96 | 94.96 |
| Announcement Date | 3/30/21 | 4/11/22 | 4/18/23 | 4/24/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 9,353 | 12,574 | 14,251 | 17,507 | 21,129 | 23,805 | 27,832 |
| EBITDA 1 | 1,022 | 1,116 | 1,314 | 1,892 | 2,089 | 2,471 | 2,839 |
| EBIT 1 | 1,007 | 1,092 | 1,275 | 1,806 | 2,111 | 2,433 | 2,890 |
| Operating Margin | 10.77% | 8.69% | 8.94% | 10.31% | 9.99% | 10.22% | 10.38% |
| Earnings before Tax (EBT) 1 | 989.6 | 1,085 | 1,268 | 1,813 | 2,130 | 2,425 | 2,779 |
| Net income 1 | 855.9 | 981.7 | 1,143 | 1,615 | 1,876 | 2,165 | 2,464 |
| Net margin | 9.15% | 7.81% | 8.02% | 9.22% | 8.88% | 9.1% | 8.85% |
| EPS 2 | 2.250 | 2.420 | 2.810 | 3.962 | 4.624 | 5.412 | 6.336 |
| Free Cash Flow 1 | - | 241.9 | 280 | 1,361 | 1,891 | 1,625 | 1,133 |
| FCF margin | - | 1.92% | 1.96% | 7.77% | 8.95% | 6.83% | 4.07% |
| FCF Conversion (EBITDA) | - | 21.67% | 21.31% | 71.92% | 90.54% | 65.76% | 39.9% |
| FCF Conversion (Net income) | - | 24.64% | 24.49% | 84.27% | 100.8% | 75.05% | 45.98% |
| Dividend per Share 2 | 0.8000 | 0.8000 | 1.200 | 2.000 | 2.297 | 2.216 | 3.105 |
| Announcement Date | 3/30/21 | 4/11/22 | 4/18/23 | 4/24/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S2 | 2021 S1 | 2021 Q4 | 2021 S2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | 4,149 | 7,204 | - | - | 4,714 | 8,363 | 3,365 | 3,701 | 4,721 | 5,721 | 4,378 | 4,525 | 5,589 | 6,466 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | - | 366.3 | - | - | - | 329.1 | 644.9 | 346.6 | 560 | 430.4 | 468.7 | 393.1 | 504.5 | 559.7 | 504.1 |
| Operating Margin | - | - | 8.83% | - | - | - | 6.98% | 7.71% | 10.3% | 15.13% | 9.12% | 8.19% | 8.98% | 11.15% | 10.01% | 7.8% |
| Earnings before Tax (EBT) | - | - | 357 | - | - | - | 333.8 | 639.8 | - | - | - | - | - | - | - | - |
| Net income | 579.4 | 408.3 | 336.2 | - | 575.8 | 254.4 | 312.8 | 567.2 | - | - | - | - | - | - | - | - |
| Net margin | - | - | 8.1% | - | - | - | 6.64% | 6.78% | - | - | - | - | - | - | - | - |
| EPS 2 | 1.490 | 1.000 | 0.8300 | - | 1.420 | 0.6300 | 0.7700 | 1.390 | 0.7500 | 1.265 | 0.9600 | 0.9800 | 0.7614 | 1.190 | 1.250 | 1.180 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/30/21 | 8/19/21 | 4/11/22 | 4/11/22 | 8/24/22 | 10/26/22 | 4/18/23 | 4/18/23 | 4/27/23 | 8/29/23 | 10/29/23 | 4/24/24 | 4/26/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 942 | 10.9 | 1,118 | 1,863 | 2,201 | 3,591 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 242 | 280 | 1,361 | 1,891 | 1,625 | 1,133 |
| ROE (net income / shareholders' equity) | 26.3% | 17.3% | 17.8% | 21.9% | 21.6% | 22.5% | 24.9% |
| ROA (Net income/ Total Assets) | 17.1% | 12.7% | 11.3% | - | 13% | 14.1% | 14.3% |
| Assets 1 | 4,998 | 7,728 | 10,132 | - | 14,430 | 15,320 | 17,232 |
| Book Value Per Share 2 | 13.30 | 14.90 | 16.80 | 19.70 | 21.70 | 25.10 | 27.70 |
| Cash Flow per Share 2 | 0.4600 | 1.100 | 3.500 | 3.520 | 0.7400 | 4.000 | 4.430 |
| Capex 1 | 30.1 | 207 | 1,144 | 69.1 | 89.3 | 69.6 | 50.3 |
| Capex / Sales | 0.32% | 1.65% | 8.03% | 0.39% | 0.42% | 0.29% | 0.18% |
| Announcement Date | 3/30/21 | 4/11/22 | 4/18/23 | 4/24/24 | - | - | - |
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
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
94.96
CNY
Average target price
107
CNY
Spread / Average Target
+12.67%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +7.18% | 5.34B | |
| +2.19% | 148B | |
| +27.21% | 140B | |
| +39.83% | 135B | |
| +16.82% | 65.04B | |
| +2.57% | 39.15B | |
| +106.39% | 37.11B | |
| +7.72% | 32.66B | |
| -12.92% | 30.82B | |
| +8.55% | 28.99B |
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