Financials FAWER Automotive Parts Limited Company Shenzhen S.E.

Equities

200030

CNE000000B34

Auto, Truck & Motorcycle Parts

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
2.99 HKD -0.33% Intraday chart for FAWER Automotive Parts Limited Company +2.75% +13.69%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6,673 8,530 12,574 12,710 7,461 9,043
Enterprise Value (EV) 1 5,345 7,377 11,036 10,345 5,990 7,969
P/E ratio 7.57 x 9.52 x 14.1 x 15.5 x 15.2 x 15.3 x
Yield 4.04% 3.57% 4.09% 4.04% 5.68% 4.68%
Capitalization / Revenue 0.85 x 0.85 x 1.13 x 0.99 x 0.59 x 0.57 x
EV / Revenue 0.68 x 0.73 x 0.99 x 0.81 x 0.48 x 0.5 x
EV / EBITDA 13.4 x 12.5 x 19.2 x 21.8 x 26.9 x 19.3 x
EV / FCF -17.2 x -29.2 x -69.7 x 8.51 x -29.4 x -19.3 x
FCF Yield -5.83% -3.43% -1.44% 11.7% -3.4% -5.18%
Price to Book 1.05 x 1.25 x 1.76 x 1.71 x 1.01 x 1.2 x
Nbr of stocks (in thousands) 1,810,552 1,810,552 1,741,643 1,741,643 1,719,811 1,719,811
Reference price 2 3.710 4.760 7.340 7.420 4.400 5.340
Announcement Date 4/29/19 4/22/20 4/28/21 4/19/22 4/19/23 4/21/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 7,853 10,064 11,113 12,828 12,571 15,843
EBITDA 1 399.6 590.1 573.3 474.7 222.8 412.5
EBIT 1 139 294.6 237.3 106.2 -212.1 -12.3
Operating Margin 1.77% 2.93% 2.14% 0.83% -1.69% -0.08%
Earnings before Tax (EBT) 1 902.1 948.9 928.1 846 457.6 717.8
Net income 1 881.6 891 901.3 841.4 501 604.1
Net margin 11.23% 8.85% 8.11% 6.56% 3.99% 3.81%
EPS 2 0.4900 0.5000 0.5200 0.4800 0.2900 0.3500
Free Cash Flow 1 -311.7 -252.8 -158.4 1,215 -203.9 -412.8
FCF margin -3.97% -2.51% -1.43% 9.47% -1.62% -2.61%
FCF Conversion (EBITDA) - - - 255.97% - -
FCF Conversion (Net income) - - - 144.41% - -
Dividend per Share 2 0.1500 0.1700 0.3000 0.3000 0.2500 0.2500
Announcement Date 4/29/19 4/22/20 4/28/21 4/19/22 4/19/23 4/21/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,328 1,154 1,537 2,365 1,471 1,074
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -312 -253 -158 1,215 -204 -413
ROE (net income / shareholders' equity) 13% 12.1% 11.6% 9.27% 5.52% 8.5%
ROA (Net income/ Total Assets) 0.79% 1.5% 1.08% 0.45% -0.88% -0.05%
Assets 1 111,855 59,539 83,194 185,872 -56,921 -1,269,203
Book Value Per Share 2 3.520 3.820 4.170 4.340 4.340 4.460
Cash Flow per Share 2 0.8800 0.8000 0.9000 1.590 1.330 1.140
Capex 1 579 581 630 630 572 516
Capex / Sales 7.37% 5.77% 5.67% 4.91% 4.55% 3.26%
Announcement Date 4/29/19 4/22/20 4/28/21 4/19/22 4/19/23 4/21/24
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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