DAWNING INFORMATION INDUSTRY CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 46.59 CNY | +5.43% |
|
+4.30% | +17.98% |
| Apr. 26 | Dawning Information Industry's Q1 Profit Rises 9% | MT |
| Apr. 25 | Dawning Information Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 31,133 | 49,658 | 40,340 | 32,413 | 57,797 | 68,188 | - | - |
| Enterprise Value (EV) 1 | 29,995 | 42,005 | 35,133 | 28,607 | 53,325 | 66,705 | 65,974 | 67,452 |
| P/E ratio | 52.4 x | 55.2 x | 34.5 x | 20.9 x | 31.6 x | 29.6 x | 23.1 x | 20 x |
| Yield | 0.4% | 0.41% | 0.58% | 0.99% | 0.43% | 0.62% | 0.86% | 0.99% |
| Capitalization / Revenue | 3.27 x | 4.89 x | 3.6 x | 2.49 x | 4.03 x | 4.16 x | 3.53 x | 3.01 x |
| EV / Revenue | 3.15 x | 4.13 x | 3.14 x | 2.2 x | 3.72 x | 4.07 x | 3.42 x | 2.98 x |
| EV / EBITDA | 30.5 x | 30.5 x | 19.3 x | 11.8 x | 19 x | 20.1 x | 16.2 x | 14.3 x |
| EV / FCF | - | - | - | - | 39.7 x | 16 x | 53.3 x | 12.4 x |
| FCF Yield | - | - | - | - | 2.52% | 6.27% | 1.88% | 8.07% |
| Price to Book | 7.2 x | 4.27 x | 3.18 x | 1.9 x | 3.1 x | 3.27 x | 2.93 x | 2.56 x |
| Nbr of stocks (in thousands) | 1,260,432 | 1,450,729 | 1,463,169 | 1,464,014 | 1,463,579 | 1,463,579 | - | - |
| Reference price 2 | 24.70 | 34.23 | 27.57 | 22.14 | 39.49 | 46.59 | 46.59 | 46.59 |
| Announcement Date | 3/27/20 | 3/10/21 | 2/22/22 | 2/23/23 | 2/24/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9,526 | 10,161 | 11,200 | 13,008 | 14,353 | 16,377 | 19,306 | 22,633 |
| EBITDA 1 | 982.4 | 1,376 | 1,816 | 2,432 | 2,806 | 3,317 | 4,077 | 4,726 |
| EBIT 1 | 729.7 | 1,041 | 1,420 | 1,905 | 2,176 | 2,737 | 3,595 | 4,122 |
| Operating Margin | 7.66% | 10.24% | 12.68% | 14.64% | 15.16% | 16.71% | 18.62% | 18.21% |
| Earnings before Tax (EBT) 1 | 740.5 | 1,053 | 1,435 | 1,906 | 2,179 | 2,758 | 3,555 | 4,075 |
| Net income 1 | 593.6 | 822.4 | 1,158 | 1,544 | 1,836 | 2,307 | 2,950 | 3,408 |
| Net margin | 6.23% | 8.09% | 10.34% | 11.87% | 12.79% | 14.09% | 15.28% | 15.06% |
| EPS 2 | 0.4714 | 0.6200 | 0.8000 | 1.060 | 1.250 | 1.576 | 2.015 | 2.330 |
| Free Cash Flow 1 | - | - | - | - | 1,344 | 4,181 | 1,238 | 5,444 |
| FCF margin | - | - | - | - | 9.36% | 25.53% | 6.41% | 24.05% |
| FCF Conversion (EBITDA) | - | - | - | - | 47.9% | 126.03% | 30.37% | 115.2% |
| FCF Conversion (Net income) | - | - | - | - | 73.21% | 181.2% | 41.97% | 159.74% |
| Dividend per Share 2 | 0.1000 | 0.1400 | 0.1600 | 0.2200 | 0.1700 | 0.2898 | 0.3995 | 0.4600 |
| Announcement Date | 3/27/20 | 3/10/21 | 2/22/22 | 2/23/23 | 2/24/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 2022 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,989 | 6,173 | - | - | 2,357 | 6,595 | 2,479 | 3,265 | 2,670 |
| EBITDA | - | - | - | - | - | - | - | - | - |
| EBIT | - | 713.6 | - | - | - | 1,204 | 210 | - | - |
| Operating Margin | - | 11.56% | - | - | - | 18.26% | 8.47% | - | - |
| Earnings before Tax (EBT) 1 | - | 721.6 | - | - | - | 1,202 | 209.2 | 256.9 | 117.5 |
| Net income 1 | - | 571.9 | - | 413.8 | - | 1,086 | 142.6 | 203.4 | 84.86 |
| Net margin | - | 9.26% | - | - | - | 16.46% | 5.75% | 6.23% | 3.18% |
| EPS 2 | 0.1900 | 0.4300 | 0.0800 | 0.2800 | - | 0.7300 | 0.0980 | 0.1390 | 0.0580 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/14/20 | 3/10/21 | 4/27/22 | 8/24/23 | 10/26/23 | 2/24/24 | 4/25/24 | - | - |
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 | 1,138 | 7,654 | 5,206 | 3,806 | 4,472 | 1,483 | 2,214 | 736 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | - | 1,344 | 4,181 | 1,238 | 5,444 |
| ROE (net income / shareholders' equity) | 14.7% | 12.5% | 9.55% | 10.2% | 10.3% | 10.7% | 12.4% | 12.9% |
| ROA (Net income/ Total Assets) | 3.97% | 4.34% | 4.82% | 5.31% | - | 6.73% | 7.25% | 7.4% |
| Assets 1 | 14,968 | 18,938 | 24,031 | 29,064 | - | 34,265 | 40,705 | 46,056 |
| Book Value Per Share 2 | 3.430 | 8.020 | 8.660 | 11.60 | 12.70 | 14.30 | 15.90 | 18.20 |
| Cash Flow per Share 2 | 2.520 | 1.600 | -0.3400 | 0.7700 | 2.400 | 1.240 | 1.720 | 2.390 |
| Capex 1 | 755 | 554 | 1,624 | 2,685 | 2,166 | 999 | 928 | 431 |
| Capex / Sales | 7.92% | 5.45% | 14.5% | 20.64% | 15.09% | 6.1% | 4.81% | 1.91% |
| Announcement Date | 3/27/20 | 3/10/21 | 2/22/22 | 2/23/23 | 2/24/24 | - | - | - |
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
10
Last Close Price
46.59
CNY
Average target price
48.03
CNY
Spread / Average Target
+3.10%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +17.98% | 9.41B | |
| +63.48% | 89.27B | |
| -6.95% | 27.4B | |
| +1.12% | 22.32B | |
| +0.78% | 18.03B | |
| -8.90% | 12.3B | |
| +9.13% | 10.03B | |
| +14.60% | 9.94B | |
| -14.40% | 9.54B | |
| +11.11% | 7.92B |
- Stock Market
- Equities
- 603019 Stock
- Financials Dawning Information Industry Co., Ltd.
