Financials Xiamen R&T Plumbing Technology Co.,Ltd.

Equities

002790

CNE1000025X9

Construction Supplies & Fixtures

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-20 pm EDT 5-day change 1st Jan Change
12.65 CNY -1.56% Intraday chart for Xiamen R&T Plumbing Technology Co.,Ltd. -5.10% +21.17%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 3,957 3,566 4,363 5,286 - -
Enterprise Value (EV) 1 3,957 3,566 4,363 5,286 5,286 5,286
P/E ratio 28.7 x 17.1 x 20.1 x 19.2 x 15.7 x 13.7 x
Yield - - 2.39% 1.24% 1.42% 2.33%
Capitalization / Revenue - 1.82 x 2 x 1.96 x 1.68 x 1.44 x
EV / Revenue - 1.82 x 2 x 1.96 x 1.68 x 1.44 x
EV / EBITDA - 10.9 x 12.5 x 13.3 x 11.3 x 9.97 x
EV / FCF - - - 81.3 x 23.2 x 18.6 x
FCF Yield - - - 1.23% 4.31% 5.37%
Price to Book - 1.84 x 2.1 x 2.3 x 2.06 x 1.85 x
Nbr of stocks (in thousands) 418,329 418,012 417,872 417,872 - -
Reference price 2 9.460 8.530 10.44 12.65 12.65 12.65
Announcement Date 2/24/22 2/7/23 2/27/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,960 2,184 2,691 3,145 3,675
EBITDA 1 - 327.3 348.7 396.4 468.4 530.4
EBIT 1 - 236 248.8 310.5 378 435.4
Operating Margin - 12.05% 11.39% 11.54% 12.02% 11.85%
Earnings before Tax (EBT) 1 - 231.7 245.9 309.2 376.5 434
Net income 1 140 210.9 218.6 276.1 335.1 385.2
Net margin - 10.76% 10.01% 10.26% 10.65% 10.48%
EPS 2 0.3300 0.5000 0.5200 0.6580 0.8033 0.9240
Free Cash Flow 1 - - - 65 228 284
FCF margin - - - 2.42% 7.25% 7.73%
FCF Conversion (EBITDA) - - - 16.4% 48.68% 53.55%
FCF Conversion (Net income) - - - 23.55% 68.04% 73.72%
Dividend per Share 2 - - 0.2500 0.1567 0.1800 0.2950
Announcement Date 2/24/22 2/7/23 2/27/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - - 65 228 284
ROE (net income / shareholders' equity) - 11.4% 11% 12% 13.2% 13.5%
ROA (Net income/ Total Assets) - - - 8.5% 9.15% 9.5%
Assets 1 - - - 3,248 3,662 4,055
Book Value Per Share 2 - 4.630 4.980 5.510 6.150 6.850
Cash Flow per Share 2 - 0.8700 1.040 -0.0600 1.050 0.6900
Capex 1 - - 138 110 106 103
Capex / Sales - - 6.34% 4.08% 3.38% 2.81%
Announcement Date 2/24/22 2/7/23 2/27/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
12.65 CNY
Average target price
13.93 CNY
Spread / Average Target
+10.09%
Consensus

Annual profits - Rate of surprise

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