Financials Wuxi Longsheng Technology Co.,Ltd

Equities

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
16.19 ^CNY	-0.67%		-2.53%	-13.42%

Apr. 21	Wuxi Longsheng Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
2023	Wuxi Longsheng Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,694	4,500	6,298	5,720	4,269	3,696	-	-
Enterprise Value (EV) ¹	1,694	4,500	6,298	5,720	4,269	3,696	3,696	3,696
P/E ratio	54.3 x	78 x	65 x	66.9 x	29.2 x	16.3 x	11.8 x	10.3 x
Yield	-	-	0.32%	0.4%	1.07%	1.91%	2.53%	-
Capitalization / Revenue	-	7.78 x	6.77 x	4.98 x	2.34 x	1.45 x	1.16 x	0.93 x
EV / Revenue	-	7.78 x	6.77 x	4.98 x	2.34 x	1.45 x	1.16 x	0.93 x
EV / EBITDA	-	45.4 x	39.8 x	35.7 x	16.8 x	9.29 x	7.33 x	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	5.51 x	7 x	3.45 x	2.49 x	1.95 x	1.69 x	1.51 x
Nbr of stocks (in thousands)	187,268	201,851	201,851	231,024	228,264	228,264	-	-
Reference price ²	9.048	22.29	31.20	24.76	18.70	16.19	16.19	16.19
Announcement Date	2/28/20	4/12/21	4/14/22	4/17/23	4/21/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	-	578.1	929.7	1,148	1,827	2,542	3,173	3,980
EBITDA ¹	-	99.2	158.4	160	253.8	398	504	-
EBIT ¹	-	60.73	108.3	71.23	160.5	251.5	363.3	392
Operating Margin	-	10.51%	11.65%	6.2%	8.78%	9.9%	11.45%	9.85%
Earnings before Tax (EBT) ¹	-	61.35	109.8	72.13	165.4	254	365.7	397
Net income ¹	31.03	53.67	97.65	75.57	146.8	229.5	317.7	363
Net margin	-	9.28%	10.5%	6.58%	8.04%	9.03%	10.01%	9.12%
EPS ²	0.1667	0.2857	0.4800	0.3700	0.6394	0.9950	1.373	1.570
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	0.1000	0.1000	0.2000	0.3100	0.4100	-
Announcement Date	2/28/20	4/12/21	4/14/22	4/17/23	4/21/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	8.85%	11.4%	7.23%	8.53%	12.2%	14.5%	14.3%
ROA (Net income/ Total Assets)	-	-	6.35%	3.32%	4.6%	6.1%	8%	-
Assets ¹	-	-	1,537	2,278	3,192	3,762	3,971	-
Book Value Per Share ²	-	4.040	4.460	7.180	7.500	8.300	9.580	10.70
Cash Flow per Share ²	-	0.2200	0.1100	-0.2200	0.1600	0.7900	1.120	1.780
Capex ¹	-	-	206	453	180	364	232	466
Capex / Sales	-	-	22.11%	39.43%	9.87%	14.3%	7.31%	11.71%
Announcement Date	2/28/20	4/12/21	4/14/22	4/17/23	4/21/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

16.19 CNY

Average target price

20.75 CNY

Spread / Average Target

+28.17%

	1st Jan change	Capi.
WUXI LONGSHENG TECHNOLOGY CO.,LTD	-13.42%	510M
DENSO CORPORATION	+29.62%	50.98B
WEICHAI POWER CO., LTD.	+25.77%	20.39B
APTIV PLC	-20.63%	19.42B
HYUNDAI MOBIS CO.,LTD	+1.48%	15.84B
FUYAO GLASS INDUSTRY GROUP CO., LTD.	+31.67%	17.27B
MAGNA INTERNATIONAL INC.	-14.23%	14.09B
CONTINENTAL AG	-18.75%	13.35B
SUMITOMO ELECTRIC INDUSTRIES, LTD.	+31.97%	11.74B
AISIN CORPORATION	+14.27%	9.65B