LEADER HARMONIOUS DRIVE SYSTEMS CO., LTD. Financials Leader Harmonious Drive Systems Co., Ltd.
Equities
688017
CNE1000043F9
Industrial Machinery & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 111 CNY | -3.76% |
|
-6.66% | -27.71% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 17,641 | 21,020 | 16,315 | 25,891 | 18,718 | - | - |
| Enterprise Value (EV) 1 | 17,126 | 20,393 | 15,898 | 25,580 | 18,261 | 18,271 | 18,194 |
| P/E ratio | 179 x | 111 x | 105 x | 308 x | 156 x | 89 x | 71.5 x |
| Yield | 0.17% | 0.37% | 0.1% | 0.2% | 0.19% | 0.26% | 0.45% |
| Capitalization / Revenue | 81.5 x | 47.4 x | 36.6 x | 72.7 x | 39.8 x | 25.6 x | 19.9 x |
| EV / Revenue | 79.1 x | 46 x | 35.7 x | 71.8 x | 38.8 x | 25 x | 19.3 x |
| EV / EBITDA | 149 x | 83.9 x | 75.4 x | 184 x | 113 x | 73.3 x | 58.5 x |
| EV / FCF | 198 x | -216 x | -262 x | 349 x | -166 x | -303 x | - |
| FCF Yield | 0.5% | -0.46% | -0.38% | 0.29% | -0.6% | -0.33% | - |
| Price to Book | 10.5 x | 11.4 x | 8.43 x | 12.9 x | 8.85 x | 8.11 x | 7.73 x |
| Nbr of stocks (in thousands) | 168,583 | 168,583 | 168,583 | 168,672 | 168,672 | - | - |
| Reference price 2 | 104.6 | 124.7 | 96.78 | 153.5 | 111.0 | 111.0 | 111.0 |
| Announcement Date | 2/26/21 | 2/25/22 | 2/24/23 | 2/24/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 216.5 | 443.4 | 445.7 | 356.2 | 470.2 | 730.4 | 941.2 |
| EBITDA 1 | 115.2 | 242.9 | 210.8 | 138.9 | 161.2 | 249.1 | 311.1 |
| EBIT 1 | 94.01 | 215.4 | 169.2 | 91.58 | 114.1 | 209.4 | 241.6 |
| Operating Margin | 43.42% | 48.58% | 37.95% | 25.71% | 24.27% | 28.67% | 25.67% |
| Earnings before Tax (EBT) 1 | 94.35 | 216.8 | 170.5 | 91.57 | 150.7 | 239 | 318.8 |
| Net income 1 | 82.05 | 189.2 | 155.3 | 84.16 | 126 | 216.6 | 288.4 |
| Net margin | 37.9% | 42.67% | 34.84% | 23.63% | 26.81% | 29.66% | 30.64% |
| EPS 2 | 0.5841 | 1.122 | 0.9207 | 0.4989 | 0.7109 | 1.247 | 1.552 |
| Free Cash Flow 1 | 86.46 | -94.22 | -60.71 | 73.27 | -110 | -60.33 | - |
| FCF margin | 39.94% | -21.25% | -13.62% | 20.57% | -23.4% | -8.26% | - |
| FCF Conversion (EBITDA) | 75.07% | - | - | 52.76% | - | - | - |
| FCF Conversion (Net income) | 105.38% | - | - | 87.07% | - | - | - |
| Dividend per Share 2 | 0.1786 | 0.4643 | 0.1000 | 0.3000 | 0.2070 | 0.2839 | 0.4945 |
| Announcement Date | 2/26/21 | 2/25/22 | 2/24/23 | 2/24/24 | - | - | - |
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 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 123.9 | 93.85 | 149.6 | 101.1 | 101.3 | 88.52 | 83.04 | 82.45 | 102.2 | 81.93 | 99.64 | 107.2 | 153.1 | - | - |
| EBITDA 1 | - | - | - | 45.7 | - | - | - | - | - | - | 30.36 | 30.36 | 49.33 | - | - |
| EBIT 1 | 48.67 | 43 | 61.68 | 40.97 | 23.53 | 28.79 | 28.43 | 24.8 | 9.562 | 23.11 | 16.48 | 16.48 | 35.46 | - | - |
| Operating Margin | 39.28% | 45.81% | 41.24% | 40.54% | 23.23% | 32.52% | 34.24% | 30.08% | 9.36% | 28.21% | 16.54% | 15.38% | 23.15% | - | - |
| Earnings before Tax (EBT) | - | - | 61.98 | - | 23.8 | - | - | - | - | 23.11 | - | - | - | - | - |
| Net income | - | - | 55.14 | - | 27.3 | - | - | - | - | 20.12 | - | - | - | - | - |
| Net margin | - | - | 36.87% | - | 26.96% | - | - | - | - | 24.55% | - | - | - | - | - |
| EPS 2 | - | - | - | 0.2155 | 0.1600 | - | - | - | - | 0.1193 | 0.1306 | 0.1306 | 0.2724 | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | 0.2433 | - | - |
| Announcement Date | 2/25/22 | 4/28/22 | 8/11/22 | 10/28/22 | 2/24/23 | 4/28/23 | 8/30/23 | 10/30/23 | 2/24/24 | 4/29/24 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | 515 | 627 | 418 | 311 | 457 | 447 | 524 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 86.5 | -94.2 | -60.7 | 73.3 | -110 | -60.3 | - |
| ROE (net income / shareholders' equity) | 8.26% | 10.8% | 8.26% | 4.27% | 6.41% | 9.12% | 10.8% |
| ROA (Net income/ Total Assets) | 6.45% | 9.86% | 7.05% | - | 4.87% | 6.88% | 8.48% |
| Assets 1 | 1,272 | 1,920 | 2,204 | - | 2,586 | 3,149 | 3,401 |
| Book Value Per Share 2 | 9.940 | 10.90 | 11.50 | 11.90 | 12.50 | 13.70 | 14.40 |
| Cash Flow per Share 2 | 0.7500 | 0.2700 | 0.1600 | 0.8900 | 0.9100 | 1.570 | 1.560 |
| Capex 1 | 39.5 | 140 | 86.9 | 76 | 122 | 132 | 81.3 |
| Capex / Sales | 18.25% | 31.53% | 19.49% | 21.34% | 25.85% | 18.12% | 8.63% |
| Announcement Date | 2/26/21 | 2/25/22 | 2/24/23 | 2/24/24 | - | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
111
CNY
Average target price
92.1
CNY
Spread / Average Target
-17.00%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -27.71% | 2.59B | |
| +21.45% | 9.06B | |
| +25.71% | 6.73B | |
| +18.79% | 5.13B | |
| +9.40% | 4.89B | |
| +25.48% | 4.4B | |
| -19.82% | 3.07B | |
| +2.88% | 2.61B | |
| +0.85% | 2.58B | |
| +12.53% | 2.14B |
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- Financials Leader Harmonious Drive Systems Co., Ltd.