laitimes

ZKTeco: Expected net profit of 1 billion yuan to 1.15 billion yuan in 2023, a year-on-year increase of 25.32%

author:China Securities Journal

China Securities Intelligent Financial News Central Control Technology (688777) disclosed its 2023 annual performance forecast on the evening of January 3, and it is expected to achieve operating income of 7.96 billion yuan to 9.28 billion yuan in 2023, a year-on-year increase of 20.17%-40.1%, net profit attributable to the parent company of 1 billion yuan to 1.15 billion yuan, a year-on-year increase of 25.32%-44.12%, and non-net profit is expected to be 840 million yuan-970 million yuan, a year-on-year increase of 22.98%-42.02%. Based on the closing price on January 3, the current price-to-earnings ratio (TTM) of ZKTeco is about 29.37 times - 33.77 times, the price-to-book ratio (LF) is about 3.59 times, and the price-to-sales ratio (TTM) is about 3.92 times.

Based on the average value of this disclosed performance forecast, the company's price-to-earnings ratio (TTM) in recent years is as follows:

ZKTeco: Expected net profit of 1 billion yuan to 1.15 billion yuan in 2023, a year-on-year increase of 25.32%

Based on the average value of this disclosed performance forecast, the company's price-to-earnings ratio (TTM), price-to-book ratio (LF) and price-to-sales ratio (TTM) in recent years are as follows:

ZKTeco: Expected net profit of 1 billion yuan to 1.15 billion yuan in 2023, a year-on-year increase of 25.32%
ZKTeco: Expected net profit of 1 billion yuan to 1.15 billion yuan in 2023, a year-on-year increase of 25.32%
ZKTeco: Expected net profit of 1 billion yuan to 1.15 billion yuan in 2023, a year-on-year increase of 25.32%

According to the data, the company's main products include automation control systems, industrial software, automation instruments and operation and maintenance services.

According to the announcement, the reason for the change in performance is that the company focuses on the automation, digitalization and intelligent needs of the process industry, and under the guidance of the new architecture of the smart enterprise PA+BA, it has built a "1+2+N" smart factory construction framework for the process industry, and the core competitiveness of products, technologies and smart factory solutions has been further strengthened. Accelerate the incubation and implementation of new businesses such as smart mining business. The company further deepened its reform, committed to the high-quality development of the company, moved its digital governance to a new level, continued to improve its operation and management capabilities, and decreased its overall expense ratio year-on-year.

Based on the average value of this disclosed performance forecast, the company's profit in recent years is as follows:

Indicator Notes:

P/E ratio = total market capitalization / net profit. When the company loses money, the P/E ratio is negative, and it is not practical to use the P/E ratio for valuation, and the P/B ratio or P/B ratio is often used as a reference.

Price-to-book ratio = total market capitalization / net assets. The price-to-book ratio valuation method is mostly used for companies with large fluctuations in earnings and relatively stable net assets.

Price-to-sales ratio = total market capitalization / operating income. The price-to-sales ratio method is often used for growing companies that are losing money or making small profits.

The price-to-earnings ratio and price-to-sales ratio in this article are calculated using the TTM method, that is, the data for the 12 months up to the latest financial report (including forecast). The price-to-book ratio is calculated using the LF method, that is, based on the latest financial report data.

When the P/E ratio is negative, the current quantile is not displayed, which will cause the line chart to break.