Financials Putian Communication Group Limited

Equities

1720

KYG730051037

Electrical Components & Equipment

Market Closed - Hong Kong S.E. 04:09:00 2024-05-03 am EDT 5-day change 1st Jan Change
0.058 HKD 0.00% Intraday chart for Putian Communication Group Limited +9.43% +20.83%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,411 2,666 1,740 796.2 322.7 140.9
Enterprise Value (EV) 1 1,404 2,669 1,829 898.1 428.1 312.2
P/E ratio 19.1 x 31.4 x 26.1 x 24.7 x 7.33 x 5.71 x
Yield - - - - - -
Capitalization / Revenue 2.27 x 3.4 x 2.26 x 1.46 x 0.52 x 0.22 x
EV / Revenue 2.26 x 3.4 x 2.38 x 1.65 x 0.69 x 0.48 x
EV / EBITDA 15.8 x 21.5 x 17.2 x 14.9 x 5.62 x 3.7 x
EV / FCF -59.1 x -94.1 x -18.4 x -761 x -28.1 x -4.63 x
FCF Yield -1.69% -1.06% -5.42% -0.13% -3.56% -21.6%
Price to Book 4.36 x 6.58 x 3.71 x 1.59 x 0.59 x 0.25 x
Nbr of stocks (in thousands) 1,100,000 1,100,000 1,100,000 1,100,000 1,100,000 1,100,000
Reference price 2 1.283 2.424 1.582 0.7238 0.2933 0.1281
Announcement Date 4/27/18 4/29/19 4/28/20 4/28/21 4/28/22 4/27/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 621.3 785 768.3 544.1 624.5 646.3
EBITDA 1 89.08 124.2 106.5 60.11 76.15 84.49
EBIT 1 78.06 110.4 90.89 41.75 55.62 51.61
Operating Margin 12.56% 14.07% 11.83% 7.67% 8.91% 7.99%
Earnings before Tax (EBT) 1 73.35 104.7 83.7 40.24 56.18 34.85
Net income 1 58.05 84.99 66.75 32.29 44 24.68
Net margin 9.34% 10.83% 8.69% 5.94% 7.05% 3.82%
EPS 2 0.0673 0.0773 0.0607 0.0294 0.0400 0.0224
Free Cash Flow 1 -23.76 -28.36 -99.16 -1.18 -15.22 -67.49
FCF margin -3.82% -3.61% -12.91% -0.22% -2.44% -10.44%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/27/18 4/29/19 4/28/20 4/28/21 4/28/22 4/27/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - 2.71 88.7 102 105 171
Net Cash position 1 6.56 - - - - -
Leverage (Debt/EBITDA) - 0.0218 x 0.833 x 1.695 x 1.385 x 2.028 x
Free Cash Flow 1 -23.8 -28.4 -99.2 -1.18 -15.2 -67.5
ROE (net income / shareholders' equity) 21.1% 23.3% 15.3% 6.66% 8.44% 4.43%
ROA (Net income/ Total Assets) 12% 12.4% 7.92% 3.18% 3.76% 2.95%
Assets 1 482.3 686.9 842.6 1,015 1,172 837.3
Book Value Per Share 2 0.2900 0.3700 0.4300 0.4500 0.4900 0.5200
Cash Flow per Share 2 0.1000 0.0800 0.0700 0.0400 0.0600 0.0600
Capex 1 20.3 86.6 138 63.6 107 70
Capex / Sales 3.26% 11.03% 17.93% 11.68% 17.1% 10.83%
Announcement Date 4/27/18 4/29/19 4/28/20 4/28/21 4/28/22 4/27/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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