End-of-day quote
Shanghai S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
63.6
CNY
|
+0.70%
|
|
-9.27%
|
+24.29%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
24,794
|
49,126
|
38,965
|
24,229
|
25,910
|
32,204
|
-
|
-
|
Enterprise Value (EV)
1 |
24,398
|
48,359
|
36,626
|
22,224
|
22,833
|
27,808
|
26,880
|
25,692
|
P/E ratio
|
35.8
x
|
73.9
x
|
44.1
x
|
19.3
x
|
13.9
x
|
15.5
x
|
13.5
x
|
11.4
x
|
Yield
|
0.49%
|
0.26%
|
0.42%
|
1.04%
|
1.95%
|
1.38%
|
1.61%
|
1.99%
|
Capitalization / Revenue
|
10.4
x
|
16.6
x
|
7.89
x
|
4.45
x
|
4.1
x
|
4.27
x
|
3.6
x
|
3.2
x
|
EV / Revenue
|
10.2
x
|
16.4
x
|
7.42
x
|
4.08
x
|
3.62
x
|
3.68
x
|
3
x
|
2.55
x
|
EV / EBITDA
|
29.3
x
|
59.2
x
|
33.3
x
|
-
|
9.91
x
|
11.3
x
|
9.28
x
|
7.7
x
|
EV / FCF
|
-
|
73.5
x
|
1,097
x
|
190
x
|
-
|
15.9
x
|
17.7
x
|
14.7
x
|
FCF Yield
|
-
|
1.36%
|
0.09%
|
0.53%
|
-
|
6.3%
|
5.65%
|
6.79%
|
Price to Book
|
7.73
x
|
13.1
x
|
6.8
x
|
3.43
x
|
2.89
x
|
3.13
x
|
2.63
x
|
2.19
x
|
Nbr of stocks (in thousands)
|
485,486
|
485,486
|
485,486
|
506,348
|
506,348
|
506,348
|
-
|
-
|
Reference price
2 |
51.07
|
101.2
|
80.26
|
47.85
|
51.17
|
63.60
|
63.60
|
63.60
|
Announcement Date
|
4/28/20
|
4/28/21
|
4/28/22
|
4/9/23
|
4/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,389
|
2,957
|
4,939
|
5,445
|
6,312
|
7,546
|
8,949
|
10,056
|
EBITDA
1 |
832.7
|
816.7
|
1,099
|
-
|
2,304
|
2,459
|
2,895
|
3,335
|
EBIT
1 |
804.7
|
775.9
|
1,022
|
1,460
|
2,175
|
2,251
|
2,640
|
3,056
|
Operating Margin
|
33.68%
|
26.24%
|
20.69%
|
26.81%
|
34.46%
|
29.83%
|
29.51%
|
30.39%
|
Earnings before Tax (EBT)
1 |
804.9
|
773.5
|
1,021
|
1,460
|
2,174
|
2,508
|
2,814
|
3,387
|
Net income
1 |
694.1
|
664.1
|
884.5
|
1,257
|
1,867
|
2,082
|
2,398
|
2,836
|
Net margin
|
29.05%
|
22.46%
|
17.91%
|
23.09%
|
29.58%
|
27.59%
|
26.8%
|
28.21%
|
EPS
2 |
1.429
|
1.370
|
1.820
|
2.480
|
3.690
|
4.112
|
4.710
|
5.601
|
Free Cash Flow
1 |
-
|
658.2
|
33.4
|
117.1
|
-
|
1,751
|
1,519
|
1,746
|
FCF margin
|
-
|
22.26%
|
0.68%
|
2.15%
|
-
|
23.2%
|
16.97%
|
17.36%
|
FCF Conversion (EBITDA)
|
-
|
80.6%
|
3.04%
|
-
|
-
|
71.22%
|
52.46%
|
52.34%
|
FCF Conversion (Net income)
|
-
|
99.11%
|
3.78%
|
9.31%
|
-
|
84.09%
|
63.34%
|
61.54%
|
Dividend per Share
2 |
0.2500
|
0.2600
|
0.3400
|
0.5000
|
1.000
|
0.8775
|
1.024
|
1.265
|
Announcement Date
|
4/28/20
|
4/28/21
|
4/28/22
|
4/9/23
|
4/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
-
|
943.8
|
1,253
|
1,691
|
-
|
1,224
|
1,277
|
1,302
|
1,797
|
1,644
|
1,570
|
1,452
|
2,412
|
2,010
|
1,641
|
1,150
|
3,067
|
EBITDA
1 |
-
|
203.8
|
263.4
|
333.3
|
-
|
309
|
-
|
-
|
-
|
-
|
-
|
-
|
778.3
|
685.8
|
198.9
|
375.6
|
889
|
EBIT
1 |
-
|
158.2
|
231.3
|
446
|
-
|
362.2
|
420.4
|
386
|
608.8
|
547.5
|
632.8
|
369
|
641.7
|
640.5
|
161.7
|
332.1
|
845.5
|
Operating Margin
|
-
|
16.76%
|
18.46%
|
26.37%
|
-
|
29.6%
|
32.92%
|
29.65%
|
33.89%
|
33.31%
|
40.31%
|
25.41%
|
26.6%
|
31.86%
|
9.85%
|
28.87%
|
27.57%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
408.5
|
154.6
|
195.7
|
378.4
|
574.1
|
302.4
|
380.8
|
319.5
|
512.2
|
461.8
|
573.6
|
302.2
|
634.9
|
688
|
37.89
|
277.6
|
659.6
|
Net margin
|
-
|
16.38%
|
15.62%
|
22.37%
|
-
|
24.71%
|
29.82%
|
24.54%
|
28.51%
|
28.1%
|
36.54%
|
20.82%
|
26.32%
|
34.22%
|
2.31%
|
24.13%
|
21.51%
|
EPS
2 |
-
|
0.3200
|
0.3900
|
0.7400
|
-
|
0.6000
|
0.7500
|
0.6300
|
1.010
|
0.9100
|
1.140
|
0.6000
|
1.171
|
1.230
|
0.0748
|
0.5483
|
1.303
|
Dividend per Share
2 |
-
|
0.3400
|
-
|
-
|
-
|
-
|
0.5000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.6172
|
-
|
-
|
Announcement Date
|
8/17/20
|
4/28/22
|
4/28/22
|
8/11/22
|
8/11/22
|
10/28/22
|
4/9/23
|
4/26/23
|
8/17/23
|
10/27/23
|
4/24/24
|
4/24/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
396
|
767
|
2,339
|
2,005
|
3,077
|
4,396
|
5,324
|
6,512
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
658
|
33.4
|
117
|
-
|
1,751
|
1,519
|
1,746
|
ROE (net income / shareholders' equity)
|
24%
|
19.2%
|
20.9%
|
19.3%
|
23.4%
|
21.3%
|
20.4%
|
20.6%
|
ROA (Net income/ Total Assets)
|
16.3%
|
12.4%
|
11.5%
|
11.8%
|
-
|
13.7%
|
13.3%
|
14.6%
|
Assets
1 |
4,246
|
5,364
|
7,722
|
10,688
|
-
|
15,201
|
18,011
|
19,459
|
Book Value Per Share
2 |
6.610
|
7.710
|
11.80
|
14.00
|
17.70
|
20.30
|
24.20
|
29.10
|
Cash Flow per Share
2 |
1.430
|
1.840
|
0.7400
|
1.850
|
4.400
|
3.290
|
4.430
|
5.220
|
Capex
1 |
285
|
234
|
340
|
820
|
371
|
558
|
535
|
531
|
Capex / Sales
|
11.93%
|
7.9%
|
6.89%
|
15.05%
|
5.88%
|
7.39%
|
5.98%
|
5.28%
|
Announcement Date
|
4/28/20
|
4/28/21
|
4/28/22
|
4/9/23
|
4/24/24
|
-
|
-
|
-
|
Last Close Price
63.6
CNY Average target price
74.35
CNY Spread / Average Target +16.90% Consensus |
1st Jan change
|
Capi.
|
---|
| +24.29% | 4.44B | | +14.65% | 58.67B | | +26.10% | 36.8B | | +26.70% | 28.74B | | +15.62% | 25.64B | | +11.71% | 23.31B | | +1.34% | 21.74B | | +15.97% | 18.38B | | -6.32% | 14.21B | | +18.96% | 12.04B |
Other Heavy Machinery & Vehicles
|