Market Closed -
Hong Kong S.E.
04:09:05 2024-06-07 EDT
|
5-day change
|
1st Jan Change
|
44.9
HKD
|
-0.88%
|
|
+1.70%
|
+18.16%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
58,832
|
114,381
|
114,341
|
87,822
|
95,821
|
120,314
|
-
|
-
|
Enterprise Value (EV)
1 |
61,284
|
115,191
|
111,291
|
88,661
|
97,065
|
117,764
|
115,967
|
110,264
|
P/E ratio
|
20.7
x
|
46.2
x
|
38.3
x
|
19.3
x
|
17.3
x
|
18.4
x
|
16.1
x
|
13.4
x
|
Yield
|
3.13%
|
1.56%
|
2.12%
|
3.56%
|
3.48%
|
3.21%
|
3.81%
|
4.36%
|
Capitalization / Revenue
|
2.79
x
|
5.75
x
|
4.84
x
|
3.13
x
|
2.89
x
|
3.05
x
|
2.69
x
|
2.24
x
|
EV / Revenue
|
2.9
x
|
5.79
x
|
4.72
x
|
3.16
x
|
2.93
x
|
2.99
x
|
2.6
x
|
2.05
x
|
EV / EBITDA
|
11.3
x
|
21.4
x
|
17.7
x
|
11.2
x
|
11.1
x
|
11.4
x
|
9.59
x
|
8.2
x
|
EV / FCF
|
25.7
x
|
32.6
x
|
35.2
x
|
35.7
x
|
31.9
x
|
-69.1
x
|
27.3
x
|
18.8
x
|
FCF Yield
|
3.9%
|
3.07%
|
2.84%
|
2.8%
|
3.13%
|
-1.45%
|
3.66%
|
5.33%
|
Price to Book
|
2.82
x
|
5.58
x
|
4.6
x
|
3.16
x
|
3.1
x
|
3.57
x
|
3.1
x
|
2.64
x
|
Nbr of stocks (in thousands)
|
2,508,618
|
2,508,618
|
2,609,744
|
2,609,744
|
2,609,744
|
2,609,744
|
-
|
-
|
Reference price
2 |
23.99
|
48.05
|
47.14
|
35.07
|
37.39
|
47.45
|
47.45
|
47.45
|
Announcement Date
|
3/27/20
|
3/29/21
|
3/17/22
|
3/16/23
|
3/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
21,104
|
19,907
|
23,603
|
28,099
|
33,161
|
39,416
|
44,650
|
53,729
|
EBITDA
1 |
5,439
|
5,390
|
6,278
|
7,884
|
8,761
|
10,356
|
12,087
|
13,442
|
EBIT
1 |
3,216
|
3,267
|
4,149
|
5,661
|
6,379
|
7,808
|
9,142
|
10,914
|
Operating Margin
|
15.24%
|
16.41%
|
17.58%
|
20.15%
|
19.24%
|
19.81%
|
20.48%
|
20.31%
|
Earnings before Tax (EBT)
1 |
3,231
|
3,110
|
3,818
|
5,579
|
6,715
|
7,957
|
9,141
|
11,288
|
Net income
1 |
2,898
|
2,601
|
3,146
|
4,756
|
5,629
|
6,694
|
7,688
|
9,435
|
Net margin
|
13.73%
|
13.06%
|
13.33%
|
16.92%
|
16.97%
|
16.98%
|
17.22%
|
17.56%
|
EPS
2 |
1.160
|
1.040
|
1.230
|
1.820
|
2.160
|
2.583
|
2.951
|
3.533
|
Free Cash Flow
1 |
2,388
|
3,538
|
3,162
|
2,487
|
3,040
|
-1,703
|
4,244
|
5,877
|
FCF margin
|
11.32%
|
17.78%
|
13.4%
|
8.85%
|
9.17%
|
-4.32%
|
9.5%
|
10.94%
|
FCF Conversion (EBITDA)
|
43.91%
|
65.65%
|
50.37%
|
31.54%
|
34.7%
|
-
|
35.11%
|
43.72%
|
FCF Conversion (Net income)
|
82.41%
|
136.06%
|
100.52%
|
52.29%
|
54%
|
-
|
55.21%
|
62.29%
|
Dividend per Share
2 |
0.7500
|
0.7500
|
1.000
|
1.250
|
1.300
|
1.524
|
1.809
|
2.070
|
Announcement Date
|
3/27/20
|
3/29/21
|
3/17/22
|
3/16/23
|
3/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
10,817
|
8,121
|
11,785
|
11,543
|
6,450
|
12,060
|
6,548
|
6,356
|
12,904
|
7,536
|
7,659
|
15,195
|
7,052
|
7,979
|
15,031
|
8,795
|
9,335
|
18,130
|
8,836
|
9,666
|
18,435
|
10,408
|
11,230
|
21,563
|
9,750
|
11,031
|
EBITDA
1 |
-
|
1,937
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2,569
|
-
|
2,672
|
2,980
|
-
|
-
|
-
|
EBIT
1 |
1,552
|
869.6
|
-
|
-
|
983.1
|
1,932
|
1,075
|
1,648
|
2,134
|
1,900
|
1,073
|
2,895
|
1,155
|
2,056
|
3,178
|
1,590
|
1,437
|
3,201
|
1,706
|
1,887
|
3,512
|
2,021
|
2,210
|
4,099
|
-
|
-
|
Operating Margin
|
14.35%
|
10.71%
|
-
|
-
|
15.24%
|
16.02%
|
16.41%
|
25.94%
|
16.54%
|
25.21%
|
14.01%
|
19.05%
|
16.38%
|
25.77%
|
21.14%
|
18.07%
|
15.39%
|
17.66%
|
19.3%
|
19.53%
|
19.05%
|
19.42%
|
19.68%
|
19.01%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
1,477
|
1,168
|
-
|
-
|
750.3
|
-
|
-
|
1,603
|
-
|
1,908
|
1,002
|
-
|
1,114
|
2,206
|
-
|
1,575
|
1,821
|
-
|
1,695
|
1,982
|
-
|
2,062
|
2,300
|
-
|
-
|
-
|
Net income
1 |
1,393
|
963.7
|
1,637
|
1,769
|
550.3
|
1,377
|
-
|
1,510
|
2,382
|
1,519
|
854.8
|
-
|
914.5
|
1,921
|
2,836
|
1,290
|
1,503
|
-
|
1,388
|
1,665
|
-
|
1,732
|
1,932
|
-
|
-
|
-
|
Net margin
|
12.87%
|
11.87%
|
13.89%
|
15.33%
|
8.53%
|
11.42%
|
-
|
23.76%
|
18.46%
|
20.15%
|
11.16%
|
-
|
12.97%
|
24.08%
|
18.87%
|
14.66%
|
16.1%
|
-
|
15.71%
|
17.23%
|
-
|
16.64%
|
17.2%
|
-
|
-
|
-
|
EPS
2 |
-
|
-
|
-
|
-
|
0.2100
|
-
|
0.3300
|
0.5800
|
-
|
0.5800
|
0.3300
|
-
|
0.3500
|
0.7400
|
-
|
0.4900
|
0.5800
|
-
|
0.5300
|
0.6340
|
-
|
0.6818
|
0.7301
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
1.000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.300
|
-
|
-
|
-
|
-
|
-
|
1.531
|
-
|
-
|
-
|
Announcement Date
|
3/27/20
|
8/21/20
|
3/29/21
|
8/5/21
|
3/17/22
|
3/17/22
|
4/14/22
|
8/30/22
|
8/30/22
|
10/20/22
|
3/16/23
|
3/16/23
|
4/27/23
|
8/17/23
|
8/17/23
|
10/16/23
|
3/15/24
|
3/15/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,452
|
810
|
-
|
839
|
1,244
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
3,050
|
-
|
-
|
2,550
|
4,347
|
10,050
|
Leverage (Debt/EBITDA)
|
0.4509
x
|
0.1503
x
|
-
|
0.1064
x
|
0.142
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,388
|
3,538
|
3,162
|
2,487
|
3,040
|
-1,703
|
4,244
|
5,877
|
ROE (net income / shareholders' equity)
|
14.1%
|
12.1%
|
12%
|
16.4%
|
17.9%
|
19.5%
|
19.8%
|
20.6%
|
ROA (Net income/ Total Assets)
|
7.91%
|
6.73%
|
7.02%
|
9.36%
|
9.94%
|
11.1%
|
11.4%
|
11.8%
|
Assets
1 |
36,649
|
38,627
|
44,810
|
50,808
|
56,627
|
60,418
|
67,318
|
80,120
|
Book Value Per Share
2 |
8.520
|
8.610
|
10.20
|
11.10
|
12.00
|
13.30
|
15.30
|
18.00
|
Cash Flow per Share
2 |
2.040
|
2.100
|
2.140
|
2.260
|
2.920
|
2.680
|
3.620
|
3.930
|
Capex
1 |
2,739
|
1,739
|
2,329
|
3,104
|
4,440
|
7,520
|
5,178
|
3,919
|
Capex / Sales
|
12.98%
|
8.74%
|
9.87%
|
11.05%
|
13.39%
|
19.08%
|
11.6%
|
7.29%
|
Announcement Date
|
3/27/20
|
3/29/21
|
3/17/22
|
3/16/23
|
3/15/24
|
-
|
-
|
-
|
Last Close Price
47.45
CNY Average target price
56.12
CNY Spread / Average Target +18.28% Consensus |
1st Jan change
|
Capi.
|
---|
| +16.31% | 45.99B | | +13.80% | 18.54B | | -5.91% | 14.57B | | -20.64% | 13.2B | | +43.58% | 12.84B | | +53.58% | 12.71B | | -23.12% | 12.57B | | +37.83% | 10.8B | | +2.18% | 10.12B |
Other Auto, Truck & Motorcycle Parts
|