Financials China Railway Construction Heavy Industry Corporation Limited

Equities

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
3.94 ^CNY	+1.81%		-4.14%	-0.76%

Apr. 18	China Railway Construction Heavy Industry's Value of New Contracts Rises 1% in Q1	MT
Apr. 08	China Railway Construction Nixes Merger Plans With China Railway Construction High-tech Equipment	MT

Fiscal Period: December	2022	2023	2024	2025
Capitalization ¹	21,067	21,174	21,014	-
Enterprise Value (EV) ¹	21,067	21,174	21,014	21,014
P/E ratio	11.3 x	13.2 x	6.79 x	5.4 x
Yield	-	-	-	-
Capitalization / Revenue	-	2.11 x	1.34 x	1.09 x
EV / Revenue	-	2.11 x	1.34 x	1.09 x
EV / EBITDA	-	8.32 x	5.18 x	4.33 x
EV / FCF	-	-	-	-
FCF Yield	-	-	-	-
Price to Book	-	1.28 x	1 x	0.84 x
Nbr of stocks (in thousands)	5,333,497	5,333,497	5,333,497	-
Reference price ²	3.950	3.970	3.940	3.940
Announcement Date	2/27/23	2/23/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2022	2023	2024	2025
Net sales ¹	-	10,027	15,705	19,196
EBITDA ¹	-	2,544	4,059	4,858
EBIT ¹	-	1,745	3,392	4,224
Operating Margin	-	17.4%	21.6%	22.01%
Earnings before Tax (EBT) ¹	-	1,762	3,397	4,229
Net income ¹	1,716	1,437	3,108	3,870
Net margin	-	14.33%	19.79%	20.16%
EPS ²	0.3500	0.3000	0.5800	0.7300
Free Cash Flow	-	-	-	-
FCF margin	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-
FCF Conversion (Net income)	-	-	-	-
Dividend per Share	-	-	-	-
Announcement Date	2/27/23	2/23/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2022	2023	2024	2025
Net Debt	-	-	-	-
Net Cash position	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-
Free Cash Flow	-	-	-	-
ROE (net income / shareholders' equity)	-	9.98%	14.8%	15.5%
ROA (Net income/ Total Assets)	-	6.47%	-	-
Assets ¹	-	22,191	-	-
Book Value Per Share ²	-	3.100	3.950	4.670
Cash Flow per Share ²	-	0.1300	0.3600	0.2200
Capex ¹	-	-	10	10
Capex / Sales	-	-	0.06%	0.05%
Announcement Date	2/27/23	2/23/24	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.94 CNY

Average target price

5.74 CNY

Spread / Average Target

+45.69%

	1st Jan change	Capi.
CHINA RAILWAY CONSTRUCTION HEAVY INDUSTRY CORPORATION LIMITED	-0.76%	2.9B
CATERPILLAR INC.	+16.14%	171B
SANY HEAVY INDUSTRY CO.,LTD	+16.49%	18.7B
ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO., LTD.	+32.01%	9.69B
DOOSAN BOBCAT INC.	+3.17%	3.78B
GUANGXI LIUGONG MACHINERY CO., LTD.	+58.46%	2.88B
ACTION CONSTRUCTION EQUIPMENT LIMITED	+83.93%	2.18B
TAKEUCHI MFG. CO., LTD.	+37.22%	1.78B
SHANTUI CONSTRUCTION MACHINERY CO., LTD.	+67.00%	1.71B
SUNWARD INTELLIGENT EQUIPMENT CO., LTD.	+38.83%	1.26B