Financials Hundsun Technologies Inc.

Equities

600570

CNE000001GD5

Software

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
20.61 CNY -7.37% Intraday chart for Hundsun Technologies Inc. +0.78% -28.34%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 62,429 109,525 90,105 76,806 54,606 39,038 - -
Enterprise Value (EV) 1 61,323 108,403 88,939 74,121 52,644 35,859 32,275 33,350
P/E ratio 44.2 x 82.6 x 61.5 x 71 x 38.3 x 23.2 x 18.2 x 17.6 x
Yield 0.68% 0.1% 0.16% 0.32% 0.45% 0.77% 1.19% 1.02%
Capitalization / Revenue 16.1 x 26.2 x 16.4 x 11.8 x 7.5 x 4.88 x 4.07 x 3.87 x
EV / Revenue 15.8 x 26 x 16.2 x 11.4 x 7.23 x 4.48 x 3.36 x 3.31 x
EV / EBITDA 38.4 x 71.6 x 55.1 x 57.6 x 32.6 x 17.8 x 13.6 x 13.3 x
EV / FCF 87.1 x 118 x 326 x 87.8 x 147 x 22.4 x 15.5 x 10.7 x
FCF Yield 1.15% 0.85% 0.31% 1.14% 0.68% 4.47% 6.46% 9.34%
Price to Book 13.9 x 24.1 x 15.9 x 11.3 x 6.81 x 4.29 x 3.6 x 3.06 x
Nbr of stocks (in thousands) 1,900,245 1,900,245 1,884,748 1,898,316 1,898,682 1,894,145 - -
Reference price 2 32.85 57.64 47.81 40.46 28.76 20.61 20.61 20.61
Announcement Date 4/24/20 4/26/21 3/30/22 3/31/23 3/24/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,872 4,173 5,497 6,502 7,281 8,003 9,594 10,091
EBITDA 1 1,598 1,513 1,613 1,288 1,617 2,016 2,371 2,501
EBIT 1 1,528 1,441 1,511 1,124 1,452 1,667 2,247 2,306
Operating Margin 39.47% 34.54% 27.48% 17.29% 19.94% 20.83% 23.42% 22.85%
Earnings before Tax (EBT) 1 1,527 1,438 1,510 1,125 1,453 1,612 2,242 2,347
Net income 1 1,416 1,322 1,464 1,091 1,424 1,681 2,143 2,184
Net margin 36.57% 31.68% 26.63% 16.78% 19.56% 21% 22.33% 21.64%
EPS 2 0.7439 0.6978 0.7769 0.5700 0.7500 0.8890 1.131 1.168
Free Cash Flow 1 704.1 916.6 273 844.7 357.3 1,603 2,086 3,115
FCF margin 18.18% 21.97% 4.97% 12.99% 4.91% 20.03% 21.74% 30.87%
FCF Conversion (EBITDA) 44.06% 60.56% 16.93% 65.6% 22.09% 79.51% 87.97% 124.54%
FCF Conversion (Net income) 49.73% 69.35% 18.65% 77.42% 25.08% 95.38% 97.34% 142.65%
Dividend per Share 2 0.2240 0.0550 0.0769 0.1300 0.1300 0.1592 0.2448 0.2101
Announcement Date 4/24/20 4/26/21 3/30/22 3/31/23 3/24/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,052 2,376 973.4 1,412 2,386 1,351 2,765 1,130 1,697 1,541 2,914 1,188 1,892 1,738 2,932 1,456 2,230
EBITDA - - - - - - - - - - - - - - - - -
EBIT - 754 -64.5 -43.9 - 104.5 1,128 - 210.8 131.4 - -37.24 - - - - -
Operating Margin - 31.74% -6.63% -3.11% - 7.73% 40.79% - 12.42% 8.53% - -3.14% - - - - -
Earnings before Tax (EBT) 1 - 752.8 -64 -43.76 - 104 1,128 248.8 210.8 132.5 - -36.63 392 364.9 653.3 166.2 481.8
Net income 1 715.1 779.7 -41.3 -54.5 -95.8 107.3 1,080 222.1 224.3 160.4 - -36.14 379.7 352.6 641.2 151.2 466.8
Net margin 34.85% 32.82% -4.24% -3.86% -4.02% 7.94% 39.04% 19.66% 13.22% 10.41% - -3.04% 20.07% 20.29% 21.87% 10.38% 20.93%
EPS 2 - 0.4154 -0.0231 -0.0269 - 0.0600 0.5600 0.1200 0.1200 0.0800 - -0.0200 0.1999 0.1528 0.4287 0.0796 0.2457
Dividend per Share 2 - - - - - - - - - - - - 0.0337 0.0337 0.0337 0.0420 0.0420
Announcement Date 8/25/21 3/30/22 4/27/22 8/25/22 8/25/22 10/26/22 3/31/23 4/27/23 8/25/23 10/26/23 3/24/24 4/29/24 - - - - -
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 1,106 1,122 1,167 2,685 1,962 3,179 6,763 5,688
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 704 917 273 845 357 1,603 2,086 3,115
ROE (net income / shareholders' equity) 37.2% 31.6% 30.1% 17.4% 19.3% 18.7% 19.3% 17.5%
ROA (Net income/ Total Assets) - 14.4% 13.3% - - 11.2% 11.6% 10.9%
Assets 1 - 9,165 11,026 - - 15,053 18,462 20,001
Book Value Per Share 2 2.360 2.400 3.010 3.590 4.230 4.800 5.730 6.730
Cash Flow per Share 2 0.5600 0.7400 0.5100 0.6000 0.6600 1.000 1.220 1.160
Capex 1 367 481 684 294 904 647 323 339
Capex / Sales 9.47% 11.53% 12.44% 4.51% 12.42% 8.09% 3.36% 3.36%
Announcement Date 4/24/20 4/26/21 3/30/22 3/31/23 3/24/24 - - -
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
23
Last Close Price
20.61 CNY
Average target price
31.95 CNY
Spread / Average Target
+55.04%
Consensus
  1. Stock Market
  2. Equities
  3. 600570 Stock
  4. Financials Hundsun Technologies Inc.