Financials Guangdong KinLong Hardware Products Co.,Ltd.

Equities

002791

CNE100002649

Construction Supplies & Fixtures

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-09 pm EDT 5-day change 1st Jan Change
34.27 CNY +1.00% Intraday chart for Guangdong KinLong Hardware Products Co.,Ltd. +3.29% -15.36%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,580 46,302 58,388 33,424 13,019 11,019 - -
Enterprise Value (EV) 1 9,580 45,404 57,434 32,526 12,162 9,614 10,045 9,362
P/E ratio 21.9 x 56.7 x 65.6 x 520 x 40.1 x 23.6 x 16.8 x 14.4 x
Yield 0.49% 0.38% 0.19% 0.1% 0.25% 1.12% 1.3% 1.22%
Capitalization / Revenue 1.82 x 6.87 x 6.63 x 4.37 x 1.67 x 1.3 x 1.13 x 1.05 x
EV / Revenue 1.82 x 6.74 x 6.52 x 4.25 x 1.56 x 1.14 x 1.03 x 0.89 x
EV / EBITDA 16 x 40.6 x 43.8 x 125 x 21.1 x 12.2 x 10.4 x 8.46 x
EV / FCF - - 497 x - 74.2 x -26.1 x 39.5 x 25.2 x
FCF Yield - - 0.2% - 1.35% -3.84% 2.53% 3.96%
Price to Book 3.19 x 11.6 x 12.2 x 6.96 x 2.56 x 2 x 1.82 x 1.65 x
Nbr of stocks (in thousands) 314,194 321,540 321,540 321,540 321,540 321,540 - -
Reference price 2 30.49 144.0 181.6 104.0 40.49 34.27 34.27 34.27
Announcement Date 2/28/20 2/26/21 2/22/22 4/28/23 3/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,255 6,737 8,807 7,648 7,802 8,456 9,788 10,523
EBITDA 1 598.8 1,117 1,310 259.8 576.1 787.1 967.5 1,106
EBIT 1 499.2 992.3 1,131 100.1 407.7 591.3 838.9 961.8
Operating Margin 9.5% 14.73% 12.84% 1.31% 5.23% 6.99% 8.57% 9.14%
Earnings before Tax (EBT) 1 497.7 990.4 1,123 96.54 409.7 580.9 829 952.8
Net income 1 439.3 817.2 889.4 65.56 324 466.2 654.8 764
Net margin 8.36% 12.13% 10.1% 0.86% 4.15% 5.51% 6.69% 7.26%
EPS 2 1.390 2.540 2.770 0.2000 1.010 1.450 2.037 2.376
Free Cash Flow 1 - - 115.5 - 163.9 -369 254 371
FCF margin - - 1.31% - 2.1% -4.36% 2.59% 3.53%
FCF Conversion (EBITDA) - - 8.81% - 28.45% - 26.25% 33.53%
FCF Conversion (Net income) - - 12.98% - 50.58% - 38.79% 48.56%
Dividend per Share 2 0.1500 0.5500 0.3500 0.1000 0.1000 0.3833 0.4439 0.4169
Announcement Date 2/28/20 2/26/21 2/22/22 4/28/23 3/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,841 1,292 1,957 2,160 2,240 - 2,002 3,356 2,193 2,253 1,366 2,124 2,134 2,539 - -
EBITDA - - - - - - - - - - - - - - - -
EBIT 1 299.8 -96.45 9.717 101.6 85.27 - 147.4 - 150.3 225.8 -58.55 159.6 66.31 416.9 - -
Operating Margin 10.55% -7.46% 0.5% 4.7% 3.81% - 7.36% - 6.85% 10.02% -4.29% 7.51% 3.11% 16.42% - -
Earnings before Tax (EBT) 1 299.5 - - 98.38 87.66 - - - - - -58.72 144.3 -139.7 660.4 - -
Net income 1 184.6 - - 89.68 61.17 -56.05 68.93 12.88 131.4 - -45.87 121.2 -90.08 481.3 - -
Net margin 6.5% - - 4.15% 2.73% - 3.44% 0.38% 5.99% - -3.36% 5.7% -4.22% 18.96% - -
EPS 2 0.5800 - - 0.2800 0.1900 -0.1700 - - - - -0.1400 0.3768 -0.2801 1.497 - -
Dividend per Share 2 0.3500 - - - - - - - - - - - - 0.1440 - -
Announcement Date 2/22/22 4/26/22 8/17/22 10/27/22 4/28/23 4/28/23 8/28/23 8/28/23 10/26/23 3/26/24 4/24/24 - - - - -
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 - 898 955 898 857 1,405 975 1,657
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - 115 - 164 -369 254 371
ROE (net income / shareholders' equity) 15.2% 22.8% 20.3% 1.37% 6.55% 8.69% 10.7% 11.5%
ROA (Net income/ Total Assets) 9.78% 14% 10.8% - 3.18% 5.1% 7.22% 8.96%
Assets 1 4,491 5,850 8,227 - 10,197 9,140 9,069 8,526
Book Value Per Share 2 9.550 12.40 14.90 14.90 15.80 17.10 18.90 20.70
Cash Flow per Share 2 1.920 1.560 1.700 2.910 1.550 1.800 2.560 3.030
Capex 1 223 304 431 430 335 451 427 370
Capex / Sales 4.24% 4.52% 4.89% 5.62% 4.3% 5.33% 4.36% 3.51%
Announcement Date 2/28/20 2/26/21 2/22/22 4/28/23 3/26/24 - - -
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-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
34.27 CNY
Average target price
39.31 CNY
Spread / Average Target
+14.70%
Consensus
  1. Stock Market
  2. Equities
  3. 002791 Stock
  4. Financials Guangdong KinLong Hardware Products Co.,Ltd.
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