Stock 603768 CHANGQING MACHINERY COMPANY LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Changqing Machinery Company Limited

Equities

603768

CNE100002Y74

Auto, Truck & Motorcycle Parts

End-of-day quote Shanghai S.E.
Other stock markets
 23:00:00 13/05/2024 BST 		5-day change 1st Jan Change
13.59 CNY +1.27% Intraday chart for Changqing Machinery Company Limited -4.77% -26.70%
04-29 Changqing Machinery Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
04-01 Changqing Machinery Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,183 2,226 3,242 3,415 3,042 3,782
Enterprise Value (EV) 1 2,197 2,446 3,609 4,146 3,924 4,971
P/E ratio 28.2 x 90.9 x 42.9 x 57.7 x 31.7 x 28.5 x
Yield 1.12% 0.34% 0.7% 0.35% 0.64% 0.51%
Capitalization / Revenue 1.16 x 1.21 x 1.41 x 1.13 x 0.96 x 1.16 x
EV / Revenue 1.17 x 1.33 x 1.57 x 1.38 x 1.24 x 1.53 x
EV / EBITDA 8.49 x 10.7 x 12.3 x 14.4 x 11.1 x 11.9 x
EV / FCF 37.2 x 8.23 x -109 x -42.4 x 62 x 203 x
FCF Yield 2.69% 12.1% -0.91% -2.36% 1.61% 0.49%
Price to Book 1.29 x 1.31 x 1.84 x 1.9 x 1.61 x 1.89 x
Nbr of stocks (in thousands) 204,000 204,000 204,000 204,000 204,000 204,000
Reference price 2 10.70 10.91 15.89 16.74 14.91 18.54
Announcement Date 17/04/19 28/04/20 30/03/21 27/04/22 25/04/23 01/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,874 1,834 2,297 3,009 3,163 3,249
EBITDA 1 258.7 228.2 294.2 287 353.5 419.5
EBIT 1 110.1 59.18 109.7 109.1 158.7 189.5
Operating Margin 5.87% 3.23% 4.77% 3.63% 5.02% 5.83%
Earnings before Tax (EBT) 1 93.28 36.06 85.69 67.49 107.4 151.3
Net income 1 78.27 24.52 75.17 59.41 96.31 131.6
Net margin 4.18% 1.34% 3.27% 1.97% 3.04% 4.05%
EPS 2 0.3800 0.1200 0.3700 0.2900 0.4700 0.6500
Free Cash Flow 1 59.09 297.2 -32.97 -97.83 63.32 24.52
FCF margin 3.15% 16.2% -1.44% -3.25% 2% 0.75%
FCF Conversion (EBITDA) 22.84% 130.2% - - 17.91% 5.85%
FCF Conversion (Net income) 75.5% 1,212.01% - - 65.74% 18.63%
Dividend per Share 2 0.1200 0.0370 0.1120 0.0590 0.0950 0.0950
Announcement Date 17/04/19 28/04/20 30/03/21 27/04/22 25/04/23 01/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 14.1 221 367 731 883 1,189
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.0544 x 0.9669 x 1.248 x 2.546 x 2.497 x 2.835 x
Free Cash Flow 1 59.1 297 -33 -97.8 63.3 24.5
ROE (net income / shareholders' equity) 4.67% 1.44% 4.34% 3.33% 5.23% 6.78%
ROA (Net income/ Total Assets) 2.54% 1.12% 1.88% 1.82% 2.46% 2.6%
Assets 1 3,085 2,190 4,006 3,262 3,915 5,060
Book Value Per Share 2 8.320 8.320 8.650 8.830 9.240 9.790
Cash Flow per Share 2 2.850 1.690 2.380 1.350 1.100 1.800
Capex 1 288 132 49.1 286 197 371
Capex / Sales 15.39% 7.19% 2.14% 9.52% 6.24% 11.43%
Announcement Date 17/04/19 28/04/20 30/03/21 27/04/22 25/04/23 01/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Automotive Body Parts

1st Jan change Capi.
CHANGQING MACHINERY COMPANY LIMITED Stock Changqing Machinery Company Limited
-26.70% 379M
LINAMAR CORPORATION Stock Linamar Corporation
+11.93% 3.23B
STANLEY ELECTRIC CO., LTD. Stock Stanley Electric Co., Ltd.
+4.73% 2.86B
OPMOBILITY SE Stock OPmobility SE
-1.08% 1.82B
HUADA AUTOMOTIVE TECHNOLOGY CORP.,LTD Stock Huada Automotive Technology Corp.,Ltd
+28.14% 1.77B
ASAHI INDIA GLASS LIMITED Stock Asahi India Glass Limited
+4.34% 1.71B
CHANGCHUN FAWAY AUTOMOBILE COMPONENTS CO.,LTD Stock Changchun FAWAY Automobile Components Co.,Ltd
-7.54% 901M
SAF-HOLLAND SE Stock SAF-Holland SE
+15.39% 854M
STANDARD MOTOR PRODUCTS, INC. Stock Standard Motor Products, Inc.
-20.02% 706M
MILLER INDUSTRIES, INC. Stock Miller Industries, Inc.
+40.77% 663M
Automotive Body Parts
  1. Stock Market
  2. Equities
  3. 603768 Stock
  4. Financials Changqing Machinery Company Limited