GCL TECHNOLOGY HOLDINGS LIMITED Financials GCL Technology Holdings Limited
Equities
3800
KYG3774X1088
Renewable Energy Equipment & Services
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.16 HKD | -0.85% |
|
+9.52% | -7.26% |
| Apr. 12 | GCL Technology Secures Supply Deal From PV Firm LONGi; Shares Down 3% | MT |
| Apr. 01 | China power firm GCL revives LNG ambition after solar spin-off | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,231 | 21,889 | 62,488 | 47,370 | 30,361 | 29,149 | - | - |
| Enterprise Value (EV) 1 | 59,618 | 62,549 | 68,301 | 53,858 | 30,361 | 34,930 | 34,019 | 25,631 |
| P/E ratio | -25.1 x | -3.69 x | 11.2 x | 2.92 x | 11.9 x | 7.93 x | 6.16 x | 4.55 x |
| Yield | - | - | - | 3.43% | - | 1.43% | 2.4% | 2.94% |
| Capitalization / Revenue | 0.27 x | 1.5 x | 3.17 x | 1.29 x | 0.9 x | 0.95 x | 0.79 x | 0.69 x |
| EV / Revenue | 3.1 x | 4.28 x | 3.47 x | 1.47 x | 0.9 x | 1.14 x | 0.92 x | 0.6 x |
| EV / EBITDA | 8.3 x | 10.9 x | 6.95 x | 2.56 x | 2.4 x | 3.9 x | 2.79 x | 1.74 x |
| EV / FCF | 31.3 x | - | -17.1 x | -7.23 x | - | 11 x | 12.6 x | 5.65 x |
| FCF Yield | 3.2% | - | -5.85% | -13.8% | - | 9.11% | 7.91% | 17.7% |
| Price to Book | 0.22 x | 1.32 x | 2.15 x | 1.09 x | - | 0.62 x | 0.54 x | 0.49 x |
| Nbr of stocks (in thousands) | 19,841,049 | 21,144,438 | 27,099,010 | 27,088,873 | 26,938,931 | 26,920,819 | - | - |
| Reference price 2 | 0.2636 | 1.035 | 2.306 | 1.749 | 1.127 | 1.083 | 1.083 | 1.083 |
| Announcement Date | 3/31/20 | 4/19/21 | 3/28/22 | 3/30/23 | 3/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 19,250 | 14,621 | 19,698 | 36,750 | 33,700 | 30,533 | 36,798 | 42,375 |
| EBITDA 1 | 7,186 | 5,715 | 9,832 | 21,057 | 12,660 | 8,947 | 12,191 | 14,712 |
| EBIT 1 | 2,501 | 1,796 | 7,475 | 19,101 | 9,311 | 5,707 | 7,174 | 11,245 |
| Operating Margin | 12.99% | 12.28% | 37.95% | 51.98% | 27.63% | 18.69% | 19.5% | 26.54% |
| Earnings before Tax (EBT) 1 | 317.7 | -6,146 | 5,292 | 18,303 | 4,302 | 5,170 | 6,762 | 9,356 |
| Net income 1 | -197.2 | -6,254 | 5,084 | 16,030 | 2,510 | 3,820 | 4,705 | 6,357 |
| Net margin | -1.02% | -42.78% | 25.81% | 43.62% | 7.45% | 12.51% | 12.79% | 15% |
| EPS 2 | -0.0105 | -0.2806 | 0.2065 | 0.5986 | 0.0946 | 0.1365 | 0.1758 | 0.2380 |
| Free Cash Flow 1 | 1,905 | - | -3,996 | -7,447 | - | 3,181 | 2,691 | 4,536 |
| FCF margin | 9.9% | - | -20.29% | -20.27% | - | 10.42% | 7.31% | 10.7% |
| FCF Conversion (EBITDA) | 26.51% | - | - | - | - | 35.56% | 22.07% | 30.83% |
| FCF Conversion (Net income) | - | - | - | - | - | 83.28% | 57.19% | 71.36% |
| Dividend per Share 2 | - | - | - | 0.0600 | - | 0.0155 | 0.0259 | 0.0318 |
| Announcement Date | 3/31/20 | 4/19/21 | 3/28/22 | 3/30/23 | 3/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2022 S1 | 2022 S2 | 2023 S1 |
|---|---|---|---|---|
| Net sales | - | - | 21,424 | - |
| EBITDA | - | - | - | - |
| EBIT | - | - | 9,147 | - |
| Operating Margin | - | - | 42.69% | - |
| Earnings before Tax (EBT) | - | - | 10,638 | - |
| Net income 1 | -1,996 | 6,909 | 9,122 | 5,518 |
| Net margin | - | - | 42.58% | - |
| EPS 2 | - | - | 0.3412 | 0.2075 |
| Dividend per Share | - | - | - | - |
| Announcement Date | 8/28/20 | 8/30/22 | 3/30/23 | 8/29/23 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 54,387 | 40,659 | 5,813 | 6,487 | - | 5,781 | 4,870 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 3,519 |
| Leverage (Debt/EBITDA) | 7.568 x | 7.114 x | 0.5913 x | 0.3081 x | - | 0.6462 x | 0.3995 x | - |
| Free Cash Flow 1 | 1,905 | - | -3,996 | -7,447 | - | 3,181 | 2,691 | 4,536 |
| ROE (net income / shareholders' equity) | -0.89% | -32.1% | 22.3% | 44.7% | - | 7.67% | 10.6% | 11.2% |
| ROA (Net income/ Total Assets) | -0.18% | -6.9% | 7.03% | 21.4% | - | 4.69% | 5.56% | 6.33% |
| Assets 1 | 107,009 | 90,696 | 72,300 | 74,831 | - | 81,419 | 84,600 | 100,414 |
| Book Value Per Share 2 | 1.180 | 0.7800 | 1.070 | 1.600 | - | 1.740 | 1.990 | 2.190 |
| Cash Flow per Share 2 | 0.3700 | 0.0800 | 0.0800 | 0.2900 | - | 0.3700 | 0.2700 | 0.5600 |
| Capex 1 | 5,033 | 2,100 | 5,878 | 15,317 | - | 10,746 | 7,513 | 6,912 |
| Capex / Sales | 26.14% | 14.36% | 29.84% | 41.68% | - | 35.2% | 20.42% | 16.31% |
| Announcement Date | 3/31/20 | 4/19/21 | 3/28/22 | 3/30/23 | 3/15/24 | - | - | - |
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
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
1.083
CNY
Average target price
1.493
CNY
Spread / Average Target
+37.85%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -7.26% | 4.03B | |
| -20.52% | 19.05B | |
| +3.32% | 18.87B | |
| -20.42% | 14.8B | |
| -13.30% | 13.5B | |
| -14.56% | 10.46B | |
| +40.06% | 8.07B | |
| -17.35% | 7.22B | |
| +20.18% | 6.22B | |
| -8.50% | 5.84B |
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- Financials GCL Technology Holdings Limited
