AA INDUSTRIAL BELTING (SHANGHAI) CO.,LTD Financials AA Industrial Belting (Shanghai) Co.,Ltd
Equities
603580
CNE100002X59
Heavy Electrical Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 23.54 CNY | +10.00% |
|
+20.53% | +58.09% |
| Apr. 29 | AA Industrial Belting Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Mar. 26 | China stocks edge lower as yuan eases, property sector in focus | RE |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,488 | 1,644 | 1,500 | 1,533 | 1,899 | 1,946 |
| Enterprise Value (EV) 1 | 1,287 | 1,435 | 1,314 | 1,463 | 1,872 | 1,939 |
| P/E ratio | 41.6 x | 46.2 x | 49.1 x | 45 x | -679 x | 832 x |
| Yield | 0.75% | 0.65% | 0.71% | 1.4% | - | - |
| Capitalization / Revenue | 7.91 x | 8.5 x | 7.73 x | 6.07 x | 10.8 x | 12.6 x |
| EV / Revenue | 6.84 x | 7.41 x | 6.77 x | 5.8 x | 10.6 x | 12.5 x |
| EV / EBITDA | 27.9 x | 35.2 x | 31.1 x | 31 x | 166 x | 95.5 x |
| EV / FCF | 630 x | -273 x | -127 x | -23 x | -55.5 x | -185 x |
| FCF Yield | 0.16% | -0.37% | -0.79% | -4.34% | -1.8% | -0.54% |
| Price to Book | 3.77 x | 3.92 x | 3.42 x | 3.32 x | 4.34 x | 4.4 x |
| Nbr of stocks (in thousands) | 130,673 | 130,673 | 130,673 | 130,673 | 130,673 | 130,673 |
| Reference price 2 | 11.39 | 12.58 | 11.48 | 11.73 | 14.53 | 14.89 |
| Announcement Date | 3/29/19 | 3/26/20 | 4/13/21 | 4/12/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 188.1 | 193.5 | 194.2 | 252.5 | 176.5 | 154.6 |
| EBITDA 1 | 46.12 | 40.8 | 42.27 | 47.2 | 11.27 | 20.3 |
| EBIT 1 | 36.12 | 29.15 | 29.6 | 34.53 | -4.988 | -2.615 |
| Operating Margin | 19.2% | 15.06% | 15.25% | 13.68% | -2.83% | -1.69% |
| Earnings before Tax (EBT) 1 | 43.39 | 40.8 | 34.93 | 37.25 | -3.496 | 1.224 |
| Net income 1 | 35.8 | 35.55 | 30.57 | 34.07 | -2.802 | 2.336 |
| Net margin | 19.03% | 18.37% | 15.74% | 13.5% | -1.59% | 1.51% |
| EPS 2 | 0.2739 | 0.2721 | 0.2339 | 0.2608 | -0.0214 | 0.0179 |
| Free Cash Flow 1 | 2.043 | -5.247 | -10.34 | -63.5 | -33.75 | -10.49 |
| FCF margin | 1.09% | -2.71% | -5.33% | -25.15% | -19.12% | -6.78% |
| FCF Conversion (EBITDA) | 4.43% | - | - | - | - | - |
| FCF Conversion (Net income) | 5.71% | - | - | - | - | - |
| Dividend per Share 2 | 0.0857 | 0.0820 | 0.0820 | 0.1640 | - | - |
| Announcement Date | 3/29/19 | 3/26/20 | 4/13/21 | 4/12/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 200 | 209 | 186 | 69.4 | 26.3 | 6.35 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 2.04 | -5.25 | -10.3 | -63.5 | -33.7 | -10.5 |
| ROE (net income / shareholders' equity) | 9.5% | 8.63% | 6.97% | 7.22% | -0.75% | 0.29% |
| ROA (Net income/ Total Assets) | 5.23% | 4.04% | 3.86% | 4.12% | -0.58% | -0.31% |
| Assets 1 | 684.5 | 879.6 | 791.5 | 826.2 | 485.3 | -756.3 |
| Book Value Per Share 2 | 3.020 | 3.210 | 3.360 | 3.530 | 3.350 | 3.390 |
| Cash Flow per Share 2 | 1.470 | 1.160 | 1.070 | 0.6800 | 0.3900 | 0.2600 |
| Capex 1 | 15.8 | 20.6 | 33.5 | 83 | 60.7 | 39.8 |
| Capex / Sales | 8.38% | 10.63% | 17.23% | 32.86% | 34.37% | 25.74% |
| Announcement Date | 3/29/19 | 3/26/20 | 4/13/21 | 4/12/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +58.09% | 425M | |
| +2.57% | 36.97B | |
| +11.78% | 26.51B | |
| +1.06% | 25.32B | |
| +11.62% | 7.61B | |
| +9.93% | 2.66B | |
| +8.03% | 2.05B | |
| +8.86% | 1.94B | |
| +8.51% | 1.64B | |
| +53.33% | 1.34B |
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- Financials AA Industrial Belting (Shanghai) Co.,Ltd
