Financials World Precision Machinery Limited

Equities

B49

SG1T29930156

Industrial Machinery & Equipment

Market Closed - Singapore S.E. 11:44:45 2024-05-02 pm EDT 5-day change 1st Jan Change
0.395 SGD +51.92% Intraday chart for World Precision Machinery Limited +51.92% +64.58%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 281.4 413.2 414.2 659.2 798 518.2
Enterprise Value (EV) 1 296.6 410.1 377.3 342.1 480.4 353.4
P/E ratio 45.9 x 20.6 x 10.2 x 5.82 x 32.5 x 86.1 x
Yield - 4.84% 7.24% 7.58% - -
Capitalization / Revenue 0.32 x 0.49 x 0.4 x 0.5 x 0.72 x 0.48 x
EV / Revenue 0.33 x 0.49 x 0.37 x 0.26 x 0.43 x 0.33 x
EV / EBITDA 5.93 x 5.07 x 3.61 x 2.45 x 5.74 x 4.4 x
EV / FCF 31.9 x 61.1 x -2.13 x 1.35 x 18.6 x 2.63 x
FCF Yield 3.14% 1.64% -47% 74.1% 5.37% 38.1%
Price to Book 0.26 x 0.38 x 0.37 x 0.55 x 0.68 x 0.5 x
Nbr of stocks (in thousands) 400,000 400,000 400,000 400,000 400,000 400,000
Reference price 2 0.7034 1.033 1.036 1.648 1.995 1.296
Announcement Date 4/11/19 6/11/20 4/14/21 4/13/22 4/12/23 4/11/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 888.9 837.2 1,029 1,318 1,114 1,078
EBITDA 1 50.04 80.95 104.7 139.6 83.71 80.36
EBIT 1 -3.556 23.41 41.75 82 25.14 11.64
Operating Margin -0.4% 2.8% 4.06% 6.22% 2.26% 1.08%
Earnings before Tax (EBT) 1 6.819 21.45 40.4 129.9 29.57 9.969
Net income 1 6.126 20.08 40.44 113.3 24.58 6.018
Net margin 0.69% 2.4% 3.93% 8.6% 2.21% 0.56%
EPS 2 0.0153 0.0502 0.1011 0.2834 0.0614 0.0150
Free Cash Flow 1 9.312 6.708 -177.5 253.5 25.79 134.6
FCF margin 1.05% 0.8% -17.24% 19.23% 2.32% 12.48%
FCF Conversion (EBITDA) 18.61% 8.29% - 181.63% 30.81% 167.51%
FCF Conversion (Net income) 152.01% 33.41% - 223.66% 104.94% 2,236.82%
Dividend per Share - 0.0500 0.0750 0.1250 - -
Announcement Date 4/11/19 6/11/20 4/14/21 4/13/22 4/12/23 4/11/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q3
Net sales 1 231.5
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -1.451
Net margin -0.63%
EPS -
Dividend per Share -
Announcement Date 11/10/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 15.3 - - - - -
Net Cash position 1 - 3.15 36.9 317 318 165
Leverage (Debt/EBITDA) 0.305 x - - - - -
Free Cash Flow 1 9.31 6.71 -177 254 25.8 135
ROE (net income / shareholders' equity) 0.58% 1.86% 3.68% 9.86% 2.08% 0.54%
ROA (Net income/ Total Assets) -0.14% 0.93% 1.58% 2.68% 0.75% 0.35%
Assets 1 -4,234 2,163 2,559 4,231 3,258 1,744
Book Value Per Share 2 2.670 2.720 2.770 2.980 2.940 2.620
Cash Flow per Share 2 0.0500 0.1100 0.1000 0.0700 0.8400 1.080
Capex 1 81 97.8 61.5 86.1 73 47.8
Capex / Sales 9.11% 11.69% 5.98% 6.53% 6.55% 4.43%
Announcement Date 4/11/19 6/11/20 4/14/21 4/13/22 4/12/23 4/11/24
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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