Financials Guangzhou Hangxin Aviation Technology Co., Ltd.

Equities

300424

CNE100001YL0

Airport Services

End-of-day quote Shenzhen S.E. 18:00:00 2024-04-29 EDT 5-day change 1st Jan Change
11.88 CNY -5.94% Intraday chart for Guangzhou Hangxin Aviation Technology Co., Ltd. +9.39% -9.31%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,345 3,842 4,164 3,752 2,831 3,143
Enterprise Value (EV) 1 3,907 4,289 4,650 4,361 3,427 3,782
P/E ratio 66.5 x 56.8 x -12.7 x 147 x 105 x 131 x
Yield 0.09% 0.06% 0.06% 0.08% 0.08% -
Capitalization / Revenue 4.43 x 2.57 x 3.4 x 3.23 x 2.03 x 1.99 x
EV / Revenue 5.18 x 2.87 x 3.8 x 3.76 x 2.45 x 2.4 x
EV / EBITDA 74.1 x 40.6 x 371 x 36.9 x 30 x 18 x
EV / FCF -18.6 x 24.5 x -51.4 x -135 x 146 x -138 x
FCF Yield -5.38% 4.08% -1.95% -0.74% 0.69% -0.73%
Price to Book 3.5 x 3.76 x 5.95 x 5.11 x 3.75 x 4.03 x
Nbr of stocks (in thousands) 239,952 239,952 239,864 239,889 239,894 239,895
Reference price 2 13.94 16.01 17.36 15.64 11.80 13.10
Announcement Date 19-04-24 20-04-27 21-04-25 22-04-26 23-04-26 24-04-23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 754.6 1,495 1,224 1,160 1,397 1,579
EBITDA 1 52.72 105.6 12.54 118.1 114.4 210.6
EBIT 1 18.56 76.07 -38.97 58.87 51.22 145.2
Operating Margin 2.46% 5.09% -3.18% 5.07% 3.67% 9.2%
Earnings before Tax (EBT) 1 44.25 65.43 -388.1 23.88 22.82 23.73
Net income 1 50.3 67.68 -327 25.53 27.03 24.04
Net margin 6.67% 4.53% -26.72% 2.2% 1.94% 1.52%
EPS 2 0.2096 0.2821 -1.363 0.1064 0.1127 0.1002
Free Cash Flow 1 -210.1 175.2 -90.55 -32.25 23.49 -27.46
FCF margin -27.84% 11.72% -7.4% -2.78% 1.68% -1.74%
FCF Conversion (EBITDA) - 165.89% - - 20.54% -
FCF Conversion (Net income) - 258.8% - - 86.9% -
Dividend per Share 2 0.0130 0.0100 0.0100 0.0120 0.0100 -
Announcement Date 19-04-24 20-04-27 21-04-25 22-04-26 23-04-26 24-04-23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 562 448 486 609 597 639
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.65 x 4.239 x 38.78 x 5.158 x 5.216 x 3.035 x
Free Cash Flow 1 -210 175 -90.5 -32.2 23.5 -27.5
ROE (net income / shareholders' equity) 5.34% 6.69% -44.1% 3.02% 3.49% 3.8%
ROA (Net income/ Total Assets) 0.68% 2.05% -1.03% 1.66% 1.4% 3.73%
Assets 1 7,345 3,309 31,807 1,542 1,930 644.8
Book Value Per Share 2 3.980 4.260 2.920 3.060 3.150 3.250
Cash Flow per Share 2 1.260 1.890 1.990 1.010 1.290 1.520
Capex 1 70.1 49 87.1 82.9 41.9 92
Capex / Sales 9.29% 3.28% 7.12% 7.15% 3% 5.83%
Announcement Date 19-04-24 20-04-27 21-04-25 22-04-26 23-04-26 24-04-23
1CNY in Million2CNY
Estimates
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