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Zhonghang Electronic Measuring Instruments Co.,Ltd (300114.SZ)
Key financial summary
Financials in CNY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY m | 1,545 | 1,760 | 1,943 | 1,905 | 1,677 | 1,780 | 1,767 |
| Operating profit | CNY m | 116 | 95 | |||||
| Net profit | CNY m | 212 | 263 | 307 | 193 | 98 | 112 | 112 |
| EPS reported | CNY | 0.19 | 0.19 | |||||
| Operating cashflow per share | CNY | -0.27 | -0.27 | |||||
| Capex per share | CNY | 0.23 | 0.23 | |||||
| FCF per share | CNY | -0.50 | -0.50 | |||||
| Free cash flow | CNY m | -293 | -287 | |||||
| Net debt | CNY m | 216 | 216 | |||||
| Book value equity | CNY m | 2,501 | 2,501 | |||||
| Book value per share | CNY | 4.23 | 4.23 | |||||
| Number of shares | m | 591.1 | 591.1 | |||||
| DPS (TTM paid) | CNY | 0.03 | 0.00 |
Financial summary
Financials in CNY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 377.79 | - | |||||
| P/B LTM | x | 16.96 | 77.25 | |||||
| P/S LTM | x | 23.84 | 109.31 | |||||
| P/FCF LTM | x | -144.70 | -673.90 | |||||
| EV/EBITDA LTM | x | 205.98 | 1,335.30 | |||||
| EV/Sales LTM | x | 23.96 | 109.44 | |||||
| Earnings Yield LTM | % | 0.26% | 0.26% | |||||
| FCF Yield | % | -0.69% | -0.15% | |||||
| Quality | ||||||||
| ROE | % | 4.49% | 4.60% | |||||
| ROIC | % | 3.56% | 3.56% | |||||
| Operating margin | % | 6.49% | 6.49% | |||||
| Gross margin | % | 34.54% | 34.54% | |||||
| FCF/Sales | % | -16.48% | -16.48% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +11.76% | +11.76% | |||||
| Sales Growth YoY | % | +6.11% | +6.11% | |||||
| Net Income Growth YoY | % | +14.41% | +14.41% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +23.87% | +23.87% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.04% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | 14.54% | 14.46% | |||||
| FCF/Debt | x | -0.51 | -0.49 | |||||
| Net Debt/EBITDA | x | 1.07 | 1.07 | |||||
| EBIT/Net interest | x | 9.14 | 9.14 | |||||
| Net debt/market cap | % | 0.51% | 0.11% | |||||
| Net debt/Equity | x | 0.09 | 0.09 | |||||
| Gross debt/equity | x | 0.23 | 0.23 | |||||
Company overview
Zhonghang Electronic Measuring Instruments Co., Ltd. (ZEMIC) is a global company specializing in the design, production, and distribution of electronic measuring devices. The company's diverse product range includes a comprehensive selection of sensors, such as strain gauges, strain gauge-based sensors, digital and customized load cells, miniature sensors, and pressure and torque transducers. ZEMIC also delivers complete weighing solutions, offering weighing indicators, related software, on-board weighing control systems, and weighting pads. For the automotive sector, Zhonghang provides sophisticated systems for performance and environmental testing, intelligent driver training programs, and specialized software for vehicle networks and regulatory platforms. Its expertise also extends to the aviation industry, where it supplies dedicated testing and measuring systems. Additional offerings encompass automatic systems, precision mechanical and electrical control components, miniature welding robot stations, and fine precision parts like hairsprings. Furthermore, the company develops advanced measurement and control products and system solutions for both military and civilian uses, along with Internet of Things (IoT) applications. Supporting products include various accessories, transmitters, and junction boxes. Founded in 1965 as Zhongyuan Electrical Measuring Instruments Factory, the company was officially renamed Zhonghang Electronic Measuring Instruments Co., Ltd. in 2002. Its operations are headquartered in Xi'an, located in the People's Republic of China.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Zhonghang Electronic Measuring Instruments Co.,Ltd (300114.SZ)
Zhonghang Electronic Measuring Instruments Co., Ltd. (ZEMIC) is a global company specializing in the design, production, and distribution of electronic measuring devices. The company's diverse product range includes a comprehensive selection of sensors, such as strain gauges, strain gauge-based sensors, digital and customized load cells, miniature sensors, and pressure and torque transducers. ZEMIC also delivers complete weighing solutions, offering weighing indicators, related software, on-board weighing control systems, and weighting pads. For the automotive sector, Zhonghang provides sophisticated systems for performance and environmental testing, intelligent driver training programs, and specialized software for vehicle networks and regulatory platforms. Its expertise also extends to the aviation industry, where it supplies dedicated testing and measuring systems. Additional offerings encompass automatic systems, precision mechanical and electrical control components, miniature welding robot stations, and fine precision parts like hairsprings. Furthermore, the company develops advanced measurement and control products and system solutions for both military and civilian uses, along with Internet of Things (IoT) applications. Supporting products include various accessories, transmitters, and junction boxes. Founded in 1965 as Zhongyuan Electrical Measuring Instruments Factory, the company was officially renamed Zhonghang Electronic Measuring Instruments Co., Ltd. in 2002. Its operations are headquartered in Xi'an, located in the People's Republic of China.
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