ZHEJIANG CHENGCHANG TECHNOLOGY CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 41.52 CNY | -3.42% |
|
+2.52% | -13.93% |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 13,641 | 9,817 | 8,449 | - | - |
| Enterprise Value (EV) 1 | 13,641 | 9,817 | 8,449 | 8,449 | 8,449 |
| P/E ratio | 92.1 x | 123 x | 42.2 x | 31.2 x | 32 x |
| Yield | 0.3% | 0.32% | 0.54% | 1.04% | - |
| Capitalization / Revenue | 49.1 x | 34.2 x | 19.9 x | 12.3 x | 10.7 x |
| EV / Revenue | 49.1 x | 34.2 x | 19.9 x | 12.3 x | 10.7 x |
| EV / EBITDA | 91.7 x | 99.4 x | 52.1 x | 32.5 x | 27.7 x |
| EV / FCF | - | -74.9 x | -77.5 x | -54.9 x | - |
| FCF Yield | - | -1.34% | -1.29% | -1.82% | - |
| Price to Book | 10 x | 6.97 x | 5.54 x | 4.07 x | 4.32 x |
| Nbr of stocks (in thousands) | 203,500 | 203,500 | 203,500 | - | - |
| Reference price 2 | 67.03 | 48.24 | 41.52 | 41.52 | 41.52 |
| Announcement Date | 3/28/23 | 3/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 277.8 | 287.4 | 424.7 | 686 | 786.5 |
| EBITDA 1 | - | 148.7 | 98.81 | 162.3 | 260.3 | 304.9 |
| EBIT 1 | - | 140.2 | 83.27 | 142.4 | 274.5 | 274.1 |
| Operating Margin | - | 50.48% | 28.98% | 33.52% | 40.02% | 34.85% |
| Earnings before Tax (EBT) 1 | - | 142.2 | 79.84 | 141.2 | 274.3 | 271.9 |
| Net income 1 | 160 | 132.7 | 79.71 | 200.1 | 270.7 | 263.9 |
| Net margin | - | 47.79% | 27.74% | 47.12% | 39.46% | 33.55% |
| EPS 2 | 1.048 | 0.7282 | 0.3917 | 0.9835 | 1.331 | 1.296 |
| Free Cash Flow 1 | - | - | -131.1 | -109 | -154 | - |
| FCF margin | - | - | -45.62% | -25.66% | -22.45% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | - | 0.1978 | 0.1538 | 0.2231 | 0.4333 | - |
| Announcement Date | 5/15/22 | 3/28/23 | 3/29/24 | - | - | - |
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 | - | - | -131 | -109 | -154 | - |
| ROE (net income / shareholders' equity) | - | 12.4% | 5.76% | 11.3% | 13.5% | 13.9% |
| ROA (Net income/ Total Assets) | - | 12.2% | 5.5% | 7.95% | 11.5% | 9.3% |
| Assets 1 | - | 1,084 | 1,449 | 2,518 | 2,351 | 2,837 |
| Book Value Per Share 2 | - | 6.700 | 6.920 | 7.490 | 10.20 | 9.620 |
| Cash Flow per Share 2 | - | -0.0200 | -0.0700 | 0.0600 | 0.2300 | 1.070 |
| Capex 1 | - | 75.6 | 117 | 80.1 | 107 | 57.7 |
| Capex / Sales | - | 27.22% | 40.58% | 18.86% | 15.65% | 7.34% |
| Announcement Date | 5/15/22 | 3/28/23 | 3/29/24 | - | - | - |
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
BUY
Number of Analysts
6
Last Close Price
41.52
CNY
Average target price
52.69
CNY
Spread / Average Target
+26.91%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -13.93% | 1.17B | |
| +7.88% | 53.69B | |
| -17.99% | 14.79B | |
| +13.73% | 11.02B | |
| +7.95% | 8.92B | |
| +21.86% | 8.7B | |
| +41.91% | 8.31B | |
| -10.55% | 8.12B | |
| -11.91% | 6.93B | |
| -12.27% | 6.92B |
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