ZHEJIANG CHINT ELECTRICS CO., LTD. Financials Zhejiang Chint Electrics Co., Ltd.
Equities
601877
CNE100000KD8
Electrical Components & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 20.69 CNY | -1.71% |
|
-0.34% | -3.81% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 57,426 | 83,418 | 114,795 | 58,936 | 45,766 | 44,462 | - | - |
| Enterprise Value (EV) 1 | 64,210 | 94,545 | 128,801 | 69,943 | 62,434 | 76,886 | 92,763 | 44,462 |
| P/E ratio | 15.3 x | 13.1 x | 34.1 x | 14.7 x | 12.4 x | 9.46 x | 7.84 x | 7.4 x |
| Yield | 1.87% | 1.28% | 0.74% | 1.44% | 2.56% | 2.7% | 3.1% | 3.87% |
| Capitalization / Revenue | 1.9 x | 2.51 x | 2.95 x | 1.28 x | 0.8 x | 0.68 x | 0.63 x | 0.61 x |
| EV / Revenue | 2.12 x | 2.84 x | 3.31 x | 1.52 x | 1.09 x | 1.18 x | 1.31 x | 0.61 x |
| EV / EBITDA | 10.9 x | 9.7 x | 19.6 x | 8.85 x | 7.28 x | 7.31 x | 7.41 x | 3.38 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 2.38 x | 2.81 x | 3.62 x | 1.64 x | 1.18 x | 1.03 x | 0.93 x | 0.86 x |
| Nbr of stocks (in thousands) | 2,142,753 | 2,130,179 | 2,130,179 | 2,127,664 | 2,127,664 | 2,148,969 | - | - |
| Reference price 2 | 26.80 | 39.16 | 53.89 | 27.70 | 21.51 | 20.69 | 20.69 | 20.69 |
| Announcement Date | 4/29/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/30/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 30,226 | 33,253 | 38,865 | 45,974 | 57,251 | 65,242 | 70,892 | 73,072 |
| EBITDA 1 | 5,872 | 9,748 | 6,588 | 7,899 | 8,573 | 10,524 | 12,524 | 13,158 |
| EBIT 1 | 4,519 | 7,894 | 4,713 | 5,997 | 6,549 | 8,334 | 9,540 | 9,696 |
| Operating Margin | 14.95% | 23.74% | 12.13% | 13.04% | 11.44% | 12.77% | 13.46% | 13.27% |
| Earnings before Tax (EBT) 1 | 4,511 | 7,784 | 4,490 | 5,940 | 6,494 | 7,677 | 9,022 | 9,671 |
| Net income 1 | 3,762 | 6,427 | 3,401 | 4,023 | 3,686 | 4,703 | 5,669 | 6,015 |
| Net margin | 12.45% | 19.33% | 8.75% | 8.75% | 6.44% | 7.21% | 8% | 8.23% |
| EPS 2 | 1.750 | 2.990 | 1.580 | 1.890 | 1.730 | 2.188 | 2.638 | 2.797 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.5000 | 0.5000 | 0.4000 | 0.4000 | 0.5500 | 0.5584 | 0.6417 | 0.8000 |
| Announcement Date | 4/29/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/30/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 10,214 | 10,642 | 12,897 | 11,478 | 10,958 | 15,741 | 12,109 | - |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT | 1,103 | 858.1 | 1,683 | 2,135 | 1,321 | 2,019 | 1,252 | - |
| Operating Margin | 10.8% | 8.06% | 13.05% | 18.6% | 12.05% | 12.83% | 10.34% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - |
| EPS 1 | 0.2900 | 0.2700 | 0.5300 | 0.7100 | 0.3800 | 0.5600 | 0.3300 | 0.5200 |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 4/28/22 | 4/28/22 | 8/30/22 | 10/28/22 | 4/28/23 | 4/29/23 | 8/30/23 | 10/30/23 |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 6,785 | 11,127 | 14,006 | 11,006 | 16,668 | 32,424 | 48,301 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.155 x | 1.141 x | 2.126 x | 1.393 x | 1.944 x | 3.081 x | 3.857 x | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 16.3% | 24% | 10.9% | 12% | 9.76% | 11.3% | 12.1% | 12% |
| ROA (Net income/ Total Assets) | 7.31% | 10.3% | 4.42% | 4.22% | - | 3.75% | 4.29% | 4.17% |
| Assets 1 | 51,433 | 62,273 | 76,988 | 95,380 | - | 125,405 | 132,297 | 144,237 |
| Book Value Per Share 2 | 11.30 | 13.90 | 14.90 | 16.90 | 18.20 | 20.10 | 22.30 | 23.90 |
| Cash Flow per Share 2 | 2.320 | 2.240 | 3.300 | 2.370 | 1.930 | 3.520 | 1.910 | 7.610 |
| Capex 1 | 4,884 | 6,915 | 11,962 | 10,548 | 4,318 | 5,948 | 5,778 | 3,537 |
| Capex / Sales | 16.16% | 20.8% | 30.78% | 22.94% | 7.54% | 9.12% | 8.15% | 4.84% |
| Announcement Date | 4/29/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/30/24 | - | - | - |
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
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
20.69
CNY
Average target price
33.07
CNY
Spread / Average Target
+59.82%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.81% | 6.25B | |
| +10.46% | 157B | |
| +30.16% | 141B | |
| +39.71% | 132B | |
| +17.61% | 65.41B | |
| +3.08% | 39.01B | |
| +113.00% | 36.96B | |
| +7.23% | 32.37B | |
| -11.55% | 30.88B | |
| +10.89% | 29.2B |
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- Financials Zhejiang Chint Electrics Co., Ltd.