Financials Huakai Yibai Technology Co.,Ltd.

Equities

300592

CNE100002MT6

Internet Services

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-14 pm EDT			5-day change	1st Jan Change
19 ^CNY	-2.21%		+0.37%	-23.29%

May. 14	Huakai Yibai Technology Co.,Ltd. Implements Final Cash Dividend for the Year 2023, Payable on 21 May 2024	CI
Apr. 24	Huakai Yibai Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Valuation

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Capitalization ¹	5,413	4,266	6,841	5,177	-	-
Enterprise Value (EV) ¹	5,413	4,266	6,841	5,177	5,177	5,177
P/E ratio	-43.6 x	20 x	20.4 x	12.3 x	10.1 x	8.47 x
Yield	-	-	-	2.84%	3.55%	4.29%
Capitalization / Revenue	-	0.97 x	1.05 x	0.62 x	0.52 x	0.45 x
EV / Revenue	-	0.97 x	1.05 x	0.62 x	0.52 x	0.45 x
EV / EBITDA	-	13.4 x	16.1 x	8.92 x	7.39 x	6.22 x
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Price to Book	-	1.99 x	3.36 x	2.22 x	1.94 x	1.68 x
Nbr of stocks (in thousands)	289,176	281,576	276,175	272,454	-	-
Reference price ²	18.72	15.15	24.77	19.00	19.00	19.00
Announcement Date	4/18/22	4/9/23	4/18/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net sales ¹	-	4,417	6,518	8,350	10,024	11,544
EBITDA ¹	-	317.9	426	580.3	700.7	831.7
EBIT ¹	-	286	397.2	530.5	644.8	767.2
Operating Margin	-	6.47%	6.09%	6.35%	6.43%	6.65%
Earnings before Tax (EBT) ¹	-	288	407.2	529.2	643.5	765.5
Net income ¹	-87.4	216.2	332.2	448.5	545.2	648
Net margin	-	4.9%	5.1%	5.37%	5.44%	5.61%
EPS ²	-0.4290	0.7580	1.213	1.550	1.885	2.242
Free Cash Flow	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-
Dividend per Share ²	-	-	-	0.5400	0.6750	0.8150
Announcement Date	4/18/22	4/9/23	4/18/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q1
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income ¹	76.11
Net margin	-
EPS ²	0.2646
Dividend per Share	-
Announcement Date	4/19/23

¹CNY in Million²CNY

Estimates

Balance Sheet Analysis

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	10%	15.8%	17.9%	18.9%	19.5%
ROA (Net income/ Total Assets)	-	6.34%	10.2%	11.4%	12.2%	12.9%
Assets ¹	-	3,411	3,256	3,940	4,460	5,030
Book Value Per Share ²	-	7.620	7.380	8.540	9.810	11.30
Cash Flow per Share ²	-	0.9900	1.270	1.960	1.670	1.890
Capex ¹	-	7.78	17	31	35.3	35.3
Capex / Sales	-	0.18%	0.26%	0.37%	0.35%	0.31%
Announcement Date	4/18/22	4/9/23	4/18/24	-	-	-

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

Ratings for Huakai Yibai Technology Co.,Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

19 CNY

Average target price

27.06 CNY

Spread / Average Target

+42.39%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector E-commerce & Auction Services

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E-commerce & Auction Services