End-of-day quote
Shenzhen S.E.
06:00:00 2024-05-08 pm EDT
|
5-day change
|
1st Jan Change
|
11.5
CNY
|
+0.61%
|
|
+3.79%
|
+17.71%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
54,183
|
42,568
|
47,387
|
48,005
|
60,606
|
78,434
|
-
|
-
|
Enterprise Value (EV)
1 |
54,183
|
42,568
|
47,387
|
48,005
|
60,606
|
78,434
|
78,434
|
78,434
|
P/E ratio
|
12.5
x
|
21.2
x
|
10.6
x
|
11
x
|
9.85
x
|
12
x
|
11.8
x
|
11.4
x
|
Yield
|
3.19%
|
2.57%
|
4.51%
|
5.33%
|
5.44%
|
4.78%
|
4.35%
|
-
|
Capitalization / Revenue
|
6.62
x
|
6.02
x
|
5.49
x
|
5.79
x
|
6.23
x
|
6.09
x
|
5.73
x
|
5.6
x
|
EV / Revenue
|
6.62
x
|
6.02
x
|
5.49
x
|
5.79
x
|
6.23
x
|
6.09
x
|
5.73
x
|
5.6
x
|
EV / EBITDA
|
7.81
x
|
9.43
x
|
6.09
x
|
6.95
x
|
5.39
x
|
5.87
x
|
5.85
x
|
5.28
x
|
EV / FCF
|
15,564,825
x
|
-
|
-
|
-
|
15,540,414
x
|
-
|
-
|
-
|
FCF Yield
|
0%
|
-
|
-
|
-
|
0%
|
-
|
-
|
-
|
Price to Book
|
1.1
x
|
0.87
x
|
0.81
x
|
0.88
x
|
1.04
x
|
1.15
x
|
1.1
x
|
1.05
x
|
Nbr of stocks (in thousands)
|
6,178,213
|
6,178,228
|
6,178,230
|
6,178,245
|
6,203,239
|
6,820,337
|
-
|
-
|
Reference price
2 |
8.770
|
6.890
|
7.670
|
7.770
|
9.770
|
11.50
|
11.50
|
11.50
|
Announcement Date
|
4/17/20
|
4/5/21
|
4/1/22
|
4/3/23
|
4/2/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
8,185
|
7,069
|
8,626
|
8,297
|
9,731
|
12,870
|
13,679
|
14,015
|
EBITDA
1 |
6,937
|
4,516
|
7,786
|
6,911
|
11,242
|
13,362
|
13,418
|
14,841
|
EBIT
1 |
5,343
|
2,769
|
5,825
|
4,966
|
7,567
|
7,927
|
7,921
|
8,416
|
Operating Margin
|
65.28%
|
39.17%
|
67.53%
|
59.85%
|
77.76%
|
61.59%
|
57.9%
|
60.05%
|
Earnings before Tax (EBT)
1 |
5,337
|
3,090
|
5,939
|
5,613
|
7,605
|
7,960
|
7,955
|
8,468
|
Net income
1 |
4,327
|
2,223
|
4,973
|
4,861
|
6,767
|
6,494
|
6,517
|
6,967
|
Net margin
|
52.86%
|
31.44%
|
57.65%
|
58.58%
|
69.53%
|
50.46%
|
47.64%
|
49.71%
|
EPS
2 |
0.7003
|
0.3250
|
0.7230
|
0.7071
|
0.9916
|
0.9550
|
0.9750
|
1.010
|
Free Cash Flow
|
3,481
|
-
|
-
|
-
|
3,900
|
-
|
-
|
-
|
FCF margin
|
42.53%
|
-
|
-
|
-
|
40.08%
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
50.18%
|
-
|
-
|
-
|
34.69%
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
80.46%
|
-
|
-
|
-
|
57.63%
|
-
|
-
|
-
|
Dividend per Share
2 |
0.2800
|
0.1770
|
0.3460
|
0.4140
|
0.5310
|
0.5500
|
0.5000
|
-
|
Announcement Date
|
4/17/20
|
4/5/21
|
4/1/22
|
4/3/23
|
4/2/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2023 Q1
|
---|
Net sales
1 |
-
|
-
|
-
|
-
|
-
|
-
|
2,026
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
-241.5
|
2,732
|
950.6
|
1,092
|
1,261
|
2,353
|
1,349
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
66.6%
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/28/20
|
8/30/21
|
4/1/22
|
4/26/22
|
8/28/22
|
8/28/22
|
4/27/23
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
3,481
|
-
|
-
|
-
|
3,900
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
9.18%
|
4.44%
|
9.2%
|
8.52%
|
11.4%
|
9.55%
|
9.13%
|
9.23%
|
ROA (Net income/ Total Assets)
|
4.95%
|
2.4%
|
5.2%
|
-
|
4.97%
|
4.3%
|
3.7%
|
-
|
Assets
1 |
87,495
|
92,531
|
95,631
|
-
|
136,207
|
151,023
|
176,126
|
-
|
Book Value Per Share
2 |
8.000
|
7.900
|
9.440
|
8.800
|
9.430
|
9.970
|
10.40
|
10.90
|
Cash Flow per Share
2 |
0.7000
|
0.5200
|
0.7500
|
0.6300
|
0.7100
|
1.220
|
0.9600
|
0.9400
|
Capex
1 |
828
|
1,469
|
478
|
693
|
538
|
5,406
|
4,200
|
5,992
|
Capex / Sales
|
10.12%
|
20.79%
|
5.55%
|
8.35%
|
5.53%
|
42%
|
30.7%
|
42.75%
|
Announcement Date
|
4/17/20
|
4/5/21
|
4/1/22
|
4/3/23
|
4/2/24
|
-
|
-
|
-
|
Last Close Price
11.5
CNY Average target price
13.14
CNY Spread / Average Target +14.26% Consensus |
1st Jan change
|
Capi.
|
---|
| +17.71% | 10.79B | | +0.22% | 20.21B | | +11.97% | 7.29B | | +11.58% | 7.15B | | +5.41% | 6.59B | | +26.22% | 5.87B | | -4.67% | 5.29B | | -10.58% | 5.05B | | +0.58% | 4.52B | | +2.30% | 3.95B |
Highway Operators
|