Financials Harbin Dongan Auto Engine Co.,Ltd

Equities

600178

CNE000000XJ9

Auto, Truck & Motorcycle Parts

End-of-day quote Shanghai S.E. 23:00:00 07/05/2024 BST 5-day change 1st Jan Change
11.52 CNY -0.69% Intraday chart for Harbin Dongan Auto Engine Co.,Ltd +12.06% -22.32%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,941 2,218 3,512 4,066 2,874 7,052
Enterprise Value (EV) 1 2,198 2,501 3,274 2,218 965.6 6,297
P/E ratio 347 x 210 x 89.4 x 44.9 x 26.3 x 1,745 x
Yield - - 0.39% 0.67% 0.85% 0.02%
Capitalization / Revenue 1.5 x 1.14 x 1.04 x 0.62 x 0.5 x 1.3 x
EV / Revenue 1.7 x 1.29 x 0.97 x 0.34 x 0.17 x 1.17 x
EV / EBITDA 20.2 x 19.6 x 16.4 x 6.02 x 3.24 x 30.8 x
EV / FCF 8.23 x -10.7 x 6.4 x 2.73 x 1.35 x -9.72 x
FCF Yield 12.2% -9.31% 15.6% 36.6% 73.9% -10.3%
Price to Book 1.04 x 1.18 x 1.83 x 1.66 x 1.1 x 2.79 x
Nbr of stocks (in thousands) 462,080 462,080 462,080 462,080 475,784 475,493
Reference price 2 4.200 4.800 7.600 8.800 6.040 14.83
Announcement Date 25/03/19 20/04/20 19/04/21 14/03/22 27/03/23 22/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,293 1,939 3,385 6,586 5,767 5,404
EBITDA 1 108.8 127.7 199.8 368.5 297.6 204.5
EBIT 1 9.434 18.84 67.73 59.49 -14.49 -120.5
Operating Margin 0.73% 0.97% 2% 0.9% -0.25% -2.23%
Earnings before Tax (EBT) 1 5.57 10.58 39.27 93.04 149 4.721
Net income 1 5.57 10.58 39.27 90.68 108.4 4.055
Net margin 0.43% 0.55% 1.16% 1.38% 1.88% 0.08%
EPS 2 0.0121 0.0229 0.0850 0.1962 0.2296 0.008500
Free Cash Flow 1 267.2 -232.8 511.6 811.1 713.9 -648.1
FCF margin 20.66% -12% 15.11% 12.32% 12.38% -11.99%
FCF Conversion (EBITDA) 245.48% - 255.99% 220.13% 239.9% -
FCF Conversion (Net income) 4,797.35% - 1,302.77% 894.52% 658.41% -
Dividend per Share - - 0.0300 0.0590 0.0512 0.002600
Announcement Date 25/03/19 20/04/20 19/04/21 14/03/22 27/03/23 22/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 258 283 - - - -
Net Cash position 1 - - 237 1,849 1,908 754
Leverage (Debt/EBITDA) 2.368 x 2.218 x - - - -
Free Cash Flow 1 267 -233 512 811 714 -648
ROE (net income / shareholders' equity) 0.3% 0.56% 2.06% 2.59% 4.08% 0.14%
ROA (Net income/ Total Assets) 0.16% 0.32% 0.94% 0.44% -0.11% -0.97%
Assets 1 3,436 3,335 4,195 20,627 -97,247 -418.9
Book Value Per Share 2 4.050 4.080 4.160 5.290 5.490 5.320
Cash Flow per Share 2 0.3700 0.3200 1.380 4.680 4.650 2.390
Capex 1 40.6 48 66 146 105 285
Capex / Sales 3.14% 2.47% 1.95% 2.22% 1.81% 5.27%
Announcement Date 25/03/19 20/04/20 19/04/21 14/03/22 27/03/23 22/04/24
1CNY in Million2CNY
Estimates
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