Financials Foshan NationStar Optoelectronics Co.,Ltd

Equities

002449

CNE100000RM4

Semiconductors

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
6.87 CNY +2.38% Intraday chart for Foshan NationStar Optoelectronics Co.,Ltd +6.68% -27.46%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6,420 7,910 6,308 6,667 5,140 5,857
Enterprise Value (EV) 1 5,842 7,090 5,584 5,650 4,260 4,974
P/E ratio 14.4 x 19.4 x 62.4 x 32.9 x 42.4 x 68.4 x
Yield 2.89% 2.35% 0.59% 0.46% 0.72% 0.63%
Capitalization / Revenue 1.77 x 1.94 x 1.93 x 1.75 x 1.44 x 1.65 x
EV / Revenue 1.61 x 1.74 x 1.71 x 1.48 x 1.19 x 1.4 x
EV / EBITDA 7.84 x 9.59 x 15 x 10.8 x 10.3 x 12.9 x
EV / FCF -201 x 15.1 x -15.5 x 10.8 x 238 x -58.8 x
FCF Yield -0.5% 6.62% -6.46% 9.3% 0.42% -1.7%
Price to Book 1.86 x 2.16 x 1.76 x 1.78 x 1.37 x 1.54 x
Nbr of stocks (in thousands) 618,477 618,477 618,477 618,477 618,477 618,477
Reference price 2 10.38 12.79 10.20 10.78 8.310 9.470
Announcement Date 3/27/19 4/8/20 4/19/21 3/23/22 4/6/23 4/12/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,627 4,069 3,263 3,806 3,580 3,542
EBITDA 1 745 739.5 373.3 522 411.7 385.5
EBIT 1 470.9 438.1 50.76 195.8 45.96 17.28
Operating Margin 12.98% 10.77% 1.56% 5.14% 1.28% 0.49%
Earnings before Tax (EBT) 1 510.3 474.3 85.81 234.8 130.3 82.12
Net income 1 445.5 407.8 101.1 202.6 121.3 85.64
Net margin 12.28% 10.02% 3.1% 5.32% 3.39% 2.42%
EPS 2 0.7204 0.6594 0.1635 0.3275 0.1962 0.1385
Free Cash Flow 1 -29.07 469.5 -360.8 525.4 17.9 -84.58
FCF margin -0.8% 11.54% -11.06% 13.8% 0.5% -2.39%
FCF Conversion (EBITDA) - 63.49% - 100.64% 4.35% -
FCF Conversion (Net income) - 115.13% - 259.35% 14.76% -
Dividend per Share 2 0.3000 0.3000 0.0600 0.0500 0.0600 0.0600
Announcement Date 3/27/19 4/8/20 4/19/21 3/23/22 4/6/23 4/12/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 578 820 724 1,017 879 883
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -29.1 470 -361 525 17.9 -84.6
ROE (net income / shareholders' equity) 13.1% 11.1% 2.4% 5.52% 3.16% 2.26%
ROA (Net income/ Total Assets) 4.75% 4.26% 0.51% 2.04% 0.44% 0.16%
Assets 1 9,370 9,574 19,702 9,934 27,754 51,963
Book Value Per Share 2 5.580 5.920 5.790 6.060 6.070 6.150
Cash Flow per Share 2 1.490 1.460 1.090 1.610 2.340 2.200
Capex 1 352 264 456 309 384 220
Capex / Sales 9.71% 6.48% 13.96% 8.11% 10.72% 6.2%
Announcement Date 3/27/19 4/8/20 4/19/21 3/23/22 4/6/23 4/12/24
1CNY in Million2CNY
Estimates
  1. Stock Market
  2. Equities
  3. 002449 Stock
  4. Financials Foshan NationStar Optoelectronics Co.,Ltd