Qifeng New Material Co., Ltd. / Fundamentals

    Income statement

    Net revenue
    €393.08M
    Cost of goods sold
    €357.31M
    Gross profit
    €35.77M
    SG&A expenses
    €5.39M
    R&D expenses
    €13.77M
    EBITDA
    €11.25M
    D&A
    €0.00
    EBIT
    €9.19M
    Interest expenses
    €2.09M
    EBT
    €9.16M
    Tax expenses
    €1.03M
    Net income
    €7.90M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €33.77M
    Changes in working capital
    €0.00
    Operating cash flow
    €33.46M
    Capex
    €18.19M
    Other investing cash flow
    -€658.78K
    Net investing cash flow
    -€27.28M
    Total cash dividends paid
    -€22.23M
    Issuance of common stock
    €0.00
    Debt repayment
    -€1.71M
    Other financing cash flow
    €31.36M
    Net financing cash flow
    €7.42M
    Foreign exchange effects
    -€474.21K
    Net change in cash
    €2.27M
    Cash at end of period
    €59.76M
    Free cash flow
    €51.65M

    Balance sheet

    Cash and cash equivalents
    €72.21M
    Cash and short-term investments
    €98.71M
    Total receivables
    €160.13M
    Inventory
    €77.19M
    Other current assets
    €11.00M
    Total current assets
    €347.03M
    Property, plant & equipment
    €183.28M
    Goodwill
    €275.98K
    Intangible assets
    €13.38M
    Long-term investments
    €80.23M
    Other non-current assets
    €3.46M
    Total non-current assets
    €283.36M
    Total assets
    €630.39M
    Accounts payable
    €74.90M
    Short-term debt
    €68.70M
    Other current liabilities
    €18.07M
    Total current liabilities
    €162.38M
    Long-term debt
    €1.01M
    Deferred tax liabilities
    €1.09M
    Other non-current liabilities
    €0.00
    Total non-current liabilities
    €2.35M
    Total liabilities
    €164.73M
    Common stock
    €66.64M
    Retained earnings
    €131.37M
    Other equity
    €21.49M
    Total equity
    €465.66M
    Total liabilities and shareholders' equity
    €630.39M

    Company information

    Market capitalization
    €609.07M
    Employees
    1.5K
    Enterprise Value
    €5.08B

    Company ratios

    Gross margin
    9.1% Worse than peer group: 24.2%
    EBITDA margin
    2.9% Worse than peer group: 9.7%
    EBIT margin
    2.3% Even with peer group: 3.6%
    EBT margin
    2.3% Even with peer group: 3.7%
    Net margin
    2.0% Even with peer group: 2.3%
    ROE
    1.7% Even with peer group: -2.1%
    ROA
    1.3% Even with peer group: 1.1%
    Asset turnover
    62.4% Better than peer group: 47.0%
    FCF margin
    3.9% Better than peer group: -4.6%
    FCF yield
    2.5%
    Efficiency ratio
    97.1%
    Net sales per employee
    €268.86K
    Net income per employee
    €5.40K

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