End-of-day quote
Shenzhen S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
6.92
HKD
|
-0.43%
|
|
-0.14%
|
+14.19%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
16,347
|
11,811
|
14,596
|
15,320
|
16,656
|
20,265
|
-
|
-
|
Enterprise Value (EV)
1 |
16,347
|
11,811
|
14,596
|
15,320
|
16,656
|
20,265
|
20,265
|
20,265
|
P/E ratio
|
13.8
x
|
14.4
x
|
9.14
x
|
12.6
x
|
-
|
12.9
x
|
12.7
x
|
12.9
x
|
Yield
|
5.11%
|
4.81%
|
7.7%
|
-
|
-
|
5.7%
|
5.89%
|
-
|
Capitalization / Revenue
|
5.35
x
|
3.12
x
|
2.76
x
|
3.68
x
|
3.41
x
|
4.09
x
|
3.9
x
|
4.12
x
|
EV / Revenue
|
5.35
x
|
3.12
x
|
2.76
x
|
3.68
x
|
3.41
x
|
4.09
x
|
3.9
x
|
4.12
x
|
EV / EBITDA
|
6.18
x
|
4.07
x
|
3.29
x
|
4.52
x
|
4.02
x
|
4.99
x
|
4.95
x
|
4.46
x
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
1.76
x
|
1.6
x
|
1.73
x
|
-
|
-
|
2.09
x
|
1.98
x
|
1.9
x
|
Nbr of stocks (in thousands)
|
2,090,806
|
2,090,806
|
2,090,806
|
2,090,806
|
2,090,806
|
2,090,806
|
-
|
-
|
Reference price
2 |
8.260
|
6.050
|
7.400
|
7.820
|
8.460
|
10.35
|
10.35
|
10.35
|
Announcement Date
|
1/22/20
|
2/4/21
|
1/21/22
|
2/2/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,058
|
3,790
|
5,288
|
4,169
|
4,879
|
4,950
|
5,192
|
4,924
|
EBITDA
1 |
2,644
|
2,901
|
4,433
|
3,387
|
4,142
|
4,062
|
4,096
|
4,547
|
EBIT
1 |
1,801
|
1,865
|
3,167
|
2,344
|
2,994
|
3,057
|
3,191
|
3,062
|
Operating Margin
|
58.9%
|
49.2%
|
59.88%
|
56.23%
|
61.36%
|
61.76%
|
61.47%
|
62.19%
|
Earnings before Tax (EBT)
1 |
1,788
|
1,856
|
3,162
|
2,342
|
2,977
|
3,051
|
3,186
|
3,052
|
Net income
1 |
1,259
|
867.8
|
1,700
|
1,277
|
1,634
|
1,672
|
1,746
|
1,686
|
Net margin
|
41.16%
|
22.9%
|
32.16%
|
30.64%
|
33.49%
|
33.77%
|
33.63%
|
34.23%
|
EPS
2 |
0.6000
|
0.4200
|
0.8100
|
0.6200
|
-
|
0.8000
|
0.8133
|
0.8050
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.4220
|
0.2910
|
0.5700
|
-
|
-
|
0.5900
|
0.6100
|
-
|
Announcement Date
|
1/22/20
|
2/4/21
|
1/21/22
|
2/2/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q3
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
---|
Net sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
-5.83
|
848.9
|
545.4
|
431
|
342.8
|
773.8
|
417.9
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/25/20
|
8/27/21
|
10/29/21
|
4/26/22
|
8/27/22
|
8/27/22
|
10/27/22
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
13.1%
|
8.27%
|
20.1%
|
14.3%
|
17.3%
|
16.4%
|
16.3%
|
15%
|
ROA (Net income/ Total Assets)
|
7.41%
|
4.29%
|
8.8%
|
-
|
8.19%
|
8%
|
7.8%
|
-
|
Assets
1 |
16,985
|
20,208
|
19,323
|
-
|
19,948
|
20,896
|
22,385
|
-
|
Book Value Per Share
2 |
4.700
|
3.790
|
4.280
|
-
|
-
|
4.960
|
5.220
|
5.440
|
Cash Flow per Share
2 |
0.9500
|
1.280
|
1.750
|
-
|
-
|
1.650
|
1.560
|
1.590
|
Capex
1 |
803
|
660
|
509
|
874
|
1,539
|
2,250
|
3,615
|
3,230
|
Capex / Sales
|
26.26%
|
17.41%
|
9.62%
|
20.98%
|
31.55%
|
45.46%
|
69.62%
|
65.59%
|
Announcement Date
|
1/22/20
|
2/4/21
|
1/21/22
|
2/2/23
|
1/25/24
|
-
|
-
|
-
|
Last Close Price
10.35
CNY Average target price
11.04
CNY Spread / Average Target +6.67% Consensus |
1st Jan change
|
Capi.
|
---|
| -9.26% | 25.09B | | +0.22% | 20.21B | | +17.30% | 10.79B | | +11.54% | 7.27B | | +9.97% | 6.98B | | +5.41% | 6.49B | | +33.00% | 6.17B | | -11.92% | 4.91B | | -10.73% | 4.88B |
Highway Operators
|