Financials Anhui Jianghuai Automobile Group Corp.,Ltd.

Equities

600418

CNE0000018M9

Auto & Truck Manufacturers

End-of-day quote Shanghai S.E. 23:00:00 27/06/2024 BST 5-day change 1st Jan Change
15.84 CNY +3.13% Intraday chart for Anhui Jianghuai Automobile Group Corp.,Ltd. -4.46% -1.92%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,504 23,155 38,002 28,676 35,272 34,595 - -
Enterprise Value (EV) 1 11,668 25,671 38,191 26,684 27,424 26,745 26,111 19,988
P/E ratio 83.7 x 153 x 174 x -18.2 x 231 x 88 x 51.4 x 41.9 x
Yield 0.34% 0.19% 0.16% - 0.13% 0.13% 0.45% 0.35%
Capitalization / Revenue 0.2 x 0.54 x 0.94 x 0.79 x 0.78 x 0.72 x 0.56 x 0.45 x
EV / Revenue 0.25 x 0.6 x 0.95 x 0.73 x 0.61 x 0.56 x 0.42 x 0.26 x
EV / EBITDA 5.33 x 12.2 x 18.9 x 68.2 x 14.2 x 11.3 x 9.62 x 5.98 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.73 x 1.77 x 2.28 x 2.1 x 2.67 x 2.6 x 2.57 x 2.5 x
Nbr of stocks (in thousands) 1,893,312 1,893,312 2,184,010 2,184,010 2,184,010 2,184,010 - -
Reference price 2 5.020 12.23 17.40 13.13 16.15 15.84 15.84 15.84
Announcement Date 18/03/20 29/03/21 24/03/22 28/04/23 29/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 47,362 42,831 40,214 36,495 44,940 47,906 61,569 77,238
EBITDA 1 2,189 2,108 2,016 391.3 1,937 2,365 2,716 3,341
EBIT 1 231 126.4 163.9 -1,391 34.78 586.1 810.3 1,397
Operating Margin 0.49% 0.3% 0.41% -3.81% 0.08% 1.22% 1.32% 1.81%
Earnings before Tax (EBT) 1 89.37 134.9 192.1 -1,390 46.25 309.5 695 881
Net income 1 106 142.6 200 -1,582 151.5 385.2 652.3 822.8
Net margin 0.22% 0.33% 0.5% -4.34% 0.34% 0.8% 1.06% 1.07%
EPS 2 0.0600 0.0800 0.1000 -0.7200 0.0700 0.1800 0.3084 0.3781
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0170 0.0230 0.0280 - 0.0210 0.0200 0.0707 0.0550
Announcement Date 18/03/20 29/03/21 24/03/22 28/04/23 29/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 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 9,488 - 8,011 9,771 8,951 - 11,668 11,570 11,019 - - - - - -
EBITDA - - - - - - - - - - - - - - -
EBIT - - -413.9 -45.02 -669.2 - - - -164.6 - - - - - -
Operating Margin - - -5.17% -0.46% -7.48% - - - -1.49% - - - - - -
Earnings before Tax (EBT) 146.3 - - - - - - - -160 - - - - - -
Net income - - - - - - - - -32.42 - - - - - -
Net margin - - - - - - - - -0.29% - - - - - -
EPS - - -0.2000 -0.0300 -0.3600 - - - -0.0100 - - - - - -
Dividend per Share 1 0.0280 - - - - - - - 0.0210 - - - - - -
Announcement Date 24/03/22 29/05/22 29/08/22 29/10/22 28/04/23 29/07/23 29/10/23 27/10/23 29/04/24 - - - - - -
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,164 2,516 189 - - - - -
Net Cash position 1 - - - 1,992 7,847 7,849 8,483 14,607
Leverage (Debt/EBITDA) 0.9883 x 1.193 x 0.0938 x - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 0.82% 1.1% 1.5% -11% 1.13% 2.92% 4.93% 7.12%
ROA (Net income/ Total Assets) 0.23% 0.33% 0.45% - 0.32% 0.25% 0.44% 1.28%
Assets 1 45,696 42,956 44,245 - 46,923 152,788 148,156 64,477
Book Value Per Share 2 6.840 6.890 7.620 6.250 6.060 6.100 6.160 6.340
Cash Flow per Share 2 0.1200 -0.7000 0.8600 0.7000 1.560 1.720 3.780 3.620
Capex 1 221 237 668 226 2,060 2,633 2,592 3,025
Capex / Sales 0.47% 0.55% 1.66% 0.62% 4.58% 5.5% 4.21% 3.92%
Announcement Date 18/03/20 29/03/21 24/03/22 28/04/23 29/04/24 - - -
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
15.84 CNY
Average target price
19.2 CNY
Spread / Average Target
+21.21%
Consensus
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