End-of-day quote
Shanghai S.E.
23:00:00 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
133.4
CNY
|
-0.18%
|
|
-0.16%
|
+1.71%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
26,229
|
55,369
|
58,350
|
36,387
|
37,455
|
38,095
|
-
|
-
|
Enterprise Value (EV)
1 |
25,184
|
54,524
|
56,955
|
34,901
|
35,364
|
35,680
|
34,298
|
34,047
|
P/E ratio
|
33.2
x
|
47.8
x
|
59.9
x
|
38.7
x
|
34
x
|
26
x
|
19.6
x
|
15.9
x
|
Yield
|
1.05%
|
0.65%
|
0.54%
|
0.86%
|
0.92%
|
0.97%
|
1.34%
|
1.36%
|
Capitalization / Revenue
|
4.31
x
|
7.56
x
|
7.38
x
|
4.41
x
|
3.65
x
|
3.04
x
|
2.44
x
|
2.01
x
|
EV / Revenue
|
4.13
x
|
7.45
x
|
7.2
x
|
4.23
x
|
3.45
x
|
2.84
x
|
2.2
x
|
1.79
x
|
EV / EBITDA
|
22.2
x
|
33.6
x
|
41.5
x
|
24.5
x
|
21.3
x
|
18.2
x
|
13.9
x
|
12
x
|
EV / FCF
|
96
x
|
-
|
-77.3
x
|
76.5
x
|
-105
x
|
14.7
x
|
32.8
x
|
27.5
x
|
FCF Yield
|
1.04%
|
-
|
-1.29%
|
1.31%
|
-0.95%
|
6.8%
|
3.05%
|
3.63%
|
Price to Book
|
5.37
x
|
9.6
x
|
7.24
x
|
4.27
x
|
4.1
x
|
3.71
x
|
3.14
x
|
2.77
x
|
Nbr of stocks (in thousands)
|
276,155
|
276,155
|
285,679
|
285,679
|
285,679
|
285,679
|
-
|
-
|
Reference price
2 |
94.98
|
200.5
|
204.2
|
127.4
|
131.1
|
133.4
|
133.4
|
133.4
|
Announcement Date
|
17/04/20
|
09/03/21
|
25/03/22
|
29/03/23
|
27/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,092
|
7,323
|
7,909
|
8,248
|
10,248
|
12,542
|
15,619
|
18,991
|
EBITDA
1 |
1,136
|
1,624
|
1,374
|
1,426
|
1,659
|
1,958
|
2,476
|
2,841
|
EBIT
1 |
948
|
1,367
|
1,080
|
1,054
|
1,199
|
1,597
|
2,127
|
2,617
|
Operating Margin
|
15.56%
|
18.67%
|
13.66%
|
12.78%
|
11.7%
|
12.74%
|
13.62%
|
13.78%
|
Earnings before Tax (EBT)
1 |
948.3
|
1,365
|
1,078
|
1,050
|
1,203
|
1,617
|
2,159
|
2,642
|
Net income
1 |
789.9
|
1,160
|
949.4
|
941.4
|
1,102
|
1,467
|
1,939
|
2,399
|
Net margin
|
12.97%
|
15.83%
|
12%
|
11.41%
|
10.75%
|
11.7%
|
12.41%
|
12.63%
|
EPS
2 |
2.860
|
4.199
|
3.409
|
3.295
|
3.858
|
5.136
|
6.787
|
8.396
|
Free Cash Flow
1 |
262.5
|
-
|
-737.1
|
456.2
|
-335.6
|
2,425
|
1,045
|
1,237
|
FCF margin
|
4.31%
|
-
|
-9.32%
|
5.53%
|
-3.27%
|
19.34%
|
6.69%
|
6.51%
|
FCF Conversion (EBITDA)
|
23.09%
|
-
|
-
|
31.98%
|
-
|
123.86%
|
42.21%
|
43.54%
|
FCF Conversion (Net income)
|
33.23%
|
-
|
-
|
48.45%
|
-
|
165.3%
|
53.89%
|
51.56%
|
Dividend per Share
2 |
1.000
|
1.300
|
1.100
|
1.100
|
1.200
|
1.298
|
1.788
|
1.812
|
Announcement Date
|
17/04/20
|
09/03/21
|
25/03/22
|
29/03/23
|
27/03/24
|
-
|
-
|
-
|
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
1 |
2,251
|
2,132
|
1,586
|
2,246
|
2,284
|
1,923
|
2,502
|
2,812
|
3,012
|
2,412
|
3,601
|
3,344
|
3,087
|
2,960
|
3,852
|
EBITDA
1 |
-
|
333.3
|
246.2
|
347.6
|
-
|
-
|
-
|
-
|
-
|
-
|
492.2
|
464.7
|
437.3
|
-
|
-
|
EBIT
1 |
235.8
|
310.8
|
198
|
332.1
|
213.2
|
217.6
|
298.9
|
349.2
|
333.7
|
274
|
384.4
|
357
|
329.5
|
-
|
-
|
Operating Margin
|
10.48%
|
14.57%
|
12.48%
|
14.79%
|
9.33%
|
11.32%
|
11.95%
|
12.42%
|
11.08%
|
11.36%
|
10.67%
|
10.67%
|
10.67%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
235.4
|
309.1
|
197.7
|
331
|
212.1
|
217.5
|
298.9
|
353
|
333.8
|
271.1
|
419.4
|
389.4
|
359.5
|
-
|
-
|
Net income
1 |
210.9
|
269.6
|
187.9
|
296.4
|
187.5
|
203.6
|
263
|
314.9
|
320.5
|
242.8
|
377.5
|
350.5
|
323.5
|
-
|
-
|
Net margin
|
9.37%
|
12.64%
|
11.85%
|
13.2%
|
8.21%
|
10.59%
|
10.51%
|
11.2%
|
10.64%
|
10.06%
|
10.48%
|
10.48%
|
10.48%
|
-
|
-
|
EPS
2 |
0.7600
|
0.9436
|
0.6600
|
1.040
|
0.6600
|
0.7128
|
0.9300
|
1.110
|
1.110
|
0.8555
|
1.156
|
1.283
|
1.351
|
1.130
|
1.370
|
Dividend per Share
2 |
1.100
|
-
|
-
|
-
|
1.100
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.464
|
-
|
-
|
Announcement Date
|
25/03/22
|
27/04/22
|
25/08/22
|
27/10/22
|
29/03/23
|
27/04/23
|
25/08/23
|
25/10/23
|
27/03/24
|
25/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
1,046
|
846
|
1,395
|
1,486
|
2,092
|
2,415
|
3,797
|
4,049
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
262
|
-
|
-737
|
456
|
-336
|
2,425
|
1,045
|
1,237
|
ROE (net income / shareholders' equity)
|
17.2%
|
21.8%
|
12.3%
|
11.6%
|
12.6%
|
14.6%
|
16.1%
|
17.1%
|
ROA (Net income/ Total Assets)
|
10%
|
11.6%
|
7.25%
|
-
|
-
|
9.27%
|
9.73%
|
10.2%
|
Assets
1 |
7,901
|
9,991
|
13,097
|
-
|
-
|
15,831
|
19,921
|
23,520
|
Book Value Per Share
2 |
17.70
|
20.90
|
28.20
|
29.80
|
32.00
|
35.90
|
42.40
|
48.20
|
Cash Flow per Share
2 |
3.910
|
6.790
|
1.870
|
4.930
|
2.440
|
7.580
|
7.560
|
7.660
|
Capex
1 |
818
|
792
|
1,257
|
952
|
1,033
|
934
|
1,038
|
414
|
Capex / Sales
|
13.42%
|
10.81%
|
15.89%
|
11.54%
|
10.08%
|
7.45%
|
6.65%
|
2.18%
|
Announcement Date
|
17/04/20
|
09/03/21
|
25/03/22
|
29/03/23
|
27/03/24
|
-
|
-
|
-
|
Last Close Price
133.4
CNY Average target price
159.8
CNY Spread / Average Target +19.80% Consensus |
1st Jan change
|
Capi.
|
---|
| +1.71% | 5.26B | | +3.98% | 7.86B | | +13.81% | 3.03B | | -19.03% | 2.69B | | +2.97% | 2.62B | | -1.48% | 2.31B | | +34.50% | 1.86B | | +45.03% | 1.74B | | +6.99% | 1.54B | | -22.14% | 1.43B |
Automotive Accessories
|