XIAMEN INTERNATIONAL AIRPORT CO.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.18 CNY | +0.28% |
|
+3.43% | +13.53% |
| Feb. 08 | Xiamen International Airport's Passenger Throughput Jumps 35.5% in January | MT |
| Jan. 11 | Xiamen International Airport's Passenger Throughput Soars 156.2% in December 2023 | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,340 | 6,653 | 4,950 | 4,935 | 4,988 | 5,912 | 5,912 | - |
| Enterprise Value (EV) 1 | 5,915 | 6,423 | 4,674 | 4,736 | 4,980 | 3,896 | 3,589 | 3,464 |
| P/E ratio | 12.5 x | 12.8 x | 28.9 x | 34.8 x | 186 x | 17.4 x | 13.7 x | 12.6 x |
| Yield | 6.01% | 2.34% | 1.04% | 0.86% | 0.51% | 2.67% | 3.46% | 4.63% |
| Capitalization / Revenue | 3.57 x | 3.73 x | 4.04 x | 3.96 x | 4.96 x | 3.52 x | 3.07 x | 2.67 x |
| EV / Revenue | 3.33 x | 3.6 x | 3.82 x | 3.8 x | 4.95 x | 2.32 x | 1.87 x | 1.56 x |
| EV / EBITDA | 6.33 x | 6.92 x | 10.1 x | 11.4 x | 20 x | 5.48 x | 4.2 x | 3.84 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 1.76 x | 1.78 x | 1.32 x | 1.29 x | 1.31 x | 1.38 x | 1.29 x | 1.2 x |
| Nbr of stocks (in thousands) | 416,934 | 416,934 | 416,934 | 416,934 | 416,934 | 416,934 | 416,934 | - |
| Reference price 2 | 15.21 | 15.96 | 11.87 | 11.84 | 11.96 | 14.18 | 14.18 | 14.18 |
| Announcement Date | 4/25/19 | 4/16/20 | 4/29/21 | 4/28/22 | 4/27/23 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,777 | 1,785 | 1,225 | 1,247 | 1,006 | 1,681 | 1,924 | 2,214 |
| EBITDA 1 | 934.7 | 927.6 | 463.2 | 417.2 | 249.3 | 710.6 | 854.1 | 901.8 |
| EBIT 1 | 704.8 | 712.7 | 252.1 | 210.6 | 53.43 | 492.8 | 629.5 | 636.5 |
| Operating Margin | 39.66% | 39.92% | 20.58% | 16.89% | 5.31% | 29.31% | 32.71% | 28.74% |
| Earnings before Tax (EBT) 1 | 704.2 | 715.8 | 252.5 | 220 | 56.34 | 527.7 | 667.9 | 719.6 |
| Net income 1 | 505.7 | 518.3 | 171.4 | 141.7 | 28.1 | 340.8 | 432.8 | 469.7 |
| Net margin | 28.45% | 29.03% | 13.99% | 11.36% | 2.79% | 20.27% | 22.49% | 21.21% |
| EPS 2 | 1.213 | 1.243 | 0.4111 | 0.3399 | 0.0643 | 0.8162 | 1.037 | 1.128 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.9143 | 0.3736 | 0.1236 | 0.1021 | 0.0614 | 0.3788 | 0.4900 | 0.6563 |
| Announcement Date | 4/25/19 | 4/16/20 | 4/29/21 | 4/28/22 | 4/27/23 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S1 | 2021 Q2 | 2021 Q3 | 2022 Q1 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | - | 436 | 451 | 539 | 548 | 482 |
| EBITDA | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - |
| Net income | 260.2 | - | 18.49 | 6.332 | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - |
| EPS 2 | - | - | - | 0.0152 | 0.1100 | 0.1900 | 0.2400 | 0.2800 | 0.1300 |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/29/19 | 10/28/21 | 10/29/21 | 4/28/22 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 425 | 230 | 275 | 199 | 8.75 | 2,016 | 2,323 | 2,448 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 14.4% | 14.1% | 4.58% | 3.73% | 0.73% | 8.46% | 9.92% | 10.2% |
| ROA (Net income/ Total Assets) | 11.2% | 11.3% | 3.69% | 2.94% | - | 5.8% | 6.4% | 4.1% |
| Assets 1 | 4,527 | 4,592 | 4,646 | 4,829 | - | 5,876 | 6,762 | 11,455 |
| Book Value Per Share 2 | 8.640 | 8.960 | 8.990 | 9.200 | 9.160 | 10.30 | 11.00 | 11.80 |
| Cash Flow per Share 2 | 2.060 | 1.760 | 1.130 | 1.080 | 0.4000 | 1.440 | 1.550 | 1.770 |
| Capex 1 | 87.7 | 224 | 69.4 | 77.9 | 85.7 | 128 | 144 | 320 |
| Capex / Sales | 4.93% | 12.56% | 5.66% | 6.25% | 8.52% | 7.58% | 7.46% | 14.45% |
| Announcement Date | 4/25/19 | 4/16/20 | 4/29/21 | 4/28/22 | 4/27/23 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
14.18
CNY
Average target price
13.25
CNY
Spread / Average Target
-6.56%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +13.53% | 816M | |
| +7.11% | 24.69B | |
| +3.02% | 5.37B | |
| -13.29% | 4.68B | |
| -1.77% | 4.48B | |
| +5.47% | 4.26B | |
| +8.18% | 3.46B | |
| -9.81% | 3.31B | |
| 0.00% | 2.67B | |
| +13.27% | 2.25B |
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- Financials Xiamen International Airport Co.,Ltd
