End-of-day quote
Shanghai S.E.
03:30:00 26/04/2024 am IST
|
5-day change
|
1st Jan Change
|
7.23
CNY
|
-0.55%
|
|
-7.31%
|
+37.45%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,95,895
|
1,39,008
|
1,60,086
|
1,36,494
|
1,41,613
|
1,93,855
|
-
|
-
|
Enterprise Value (EV)
1 |
1,68,645
|
1,31,569
|
1,38,268
|
1,07,830
|
1,05,051
|
1,53,475
|
1,40,782
|
1,37,062
|
P/E ratio
|
17.9
x
|
14
x
|
16.9
x
|
12.5
x
|
12.8
x
|
15.2
x
|
13.6
x
|
12.4
x
|
Yield
|
2.1%
|
3.39%
|
2.96%
|
3.91%
|
3.8%
|
3.04%
|
3.53%
|
3.74%
|
Capitalization / Revenue
|
0.86
x
|
0.61
x
|
0.71
x
|
0.61
x
|
0.6
x
|
0.77
x
|
0.72
x
|
0.67
x
|
EV / Revenue
|
0.74
x
|
0.58
x
|
0.61
x
|
0.48
x
|
0.45
x
|
0.61
x
|
0.53
x
|
0.47
x
|
EV / EBITDA
|
7.39
x
|
5.86
x
|
6.09
x
|
4.29
x
|
4.51
x
|
6.11
x
|
5.49
x
|
4.53
x
|
EV / FCF
|
11.7
x
|
-15.3
x
|
9.41
x
|
6.08
x
|
15.5
x
|
6.68
x
|
9.42
x
|
8.15
x
|
FCF Yield
|
8.58%
|
-6.54%
|
10.6%
|
16.5%
|
6.44%
|
15%
|
10.6%
|
12.3%
|
Price to Book
|
1.51
x
|
1.07
x
|
1.18
x
|
0.95
x
|
0.94
x
|
1.23
x
|
1.17
x
|
1.11
x
|
Nbr of stocks (in thousands)
|
2,86,98,864
|
2,86,98,864
|
2,86,98,864
|
2,86,98,864
|
2,86,98,864
|
2,86,98,864
|
-
|
-
|
Reference price
2 |
7.140
|
5.310
|
6.090
|
5.110
|
5.260
|
7.230
|
7.230
|
7.230
|
Announcement Date
|
30/03/20
|
30/03/21
|
30/03/22
|
30/03/23
|
28/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,29,011
|
2,27,656
|
2,25,732
|
2,22,939
|
2,34,262
|
2,53,803
|
2,68,111
|
2,90,921
|
EBITDA
1 |
22,813
|
22,469
|
22,687
|
25,130
|
23,289
|
25,127
|
25,654
|
30,248
|
EBIT
1 |
15,823
|
15,318
|
12,831
|
15,980
|
16,026
|
16,889
|
17,771
|
21,698
|
Operating Margin
|
6.91%
|
6.73%
|
5.68%
|
7.17%
|
6.84%
|
6.65%
|
6.63%
|
7.46%
|
Earnings before Tax (EBT)
1 |
16,608
|
15,991
|
13,755
|
16,120
|
16,373
|
19,030
|
20,294
|
23,402
|
Net income
1 |
11,795
|
11,331
|
10,303
|
11,653
|
11,712
|
13,621
|
15,300
|
15,930
|
Net margin
|
5.15%
|
4.98%
|
4.56%
|
5.23%
|
5%
|
5.37%
|
5.71%
|
5.48%
|
EPS
2 |
0.4000
|
0.3800
|
0.3600
|
0.4100
|
0.4100
|
0.4742
|
0.5324
|
0.5852
|
Free Cash Flow
1 |
14,466
|
-8,601
|
14,686
|
17,743
|
6,770
|
22,974
|
14,945
|
16,808
|
FCF margin
|
6.32%
|
-3.78%
|
6.51%
|
7.96%
|
2.89%
|
9.05%
|
5.57%
|
5.78%
|
FCF Conversion (EBITDA)
|
63.41%
|
-
|
64.73%
|
70.6%
|
29.07%
|
91.43%
|
58.26%
|
55.57%
|
FCF Conversion (Net income)
|
122.64%
|
-
|
142.55%
|
152.25%
|
57.8%
|
168.66%
|
97.68%
|
105.51%
|
Dividend per Share
2 |
0.1500
|
0.1800
|
0.1800
|
0.2000
|
0.2000
|
0.2199
|
0.2552
|
0.2702
|
Announcement Date
|
30/03/20
|
30/03/21
|
30/03/22
|
30/03/23
|
28/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
1,32,864
|
-
|
48,996
|
81,272
|
30,648
|
50,650
|
-
|
54,266
|
87,375
|
32,379
|
54,925
|
55,732
|
91,226
|
41,911
|
59,976
|
60,400
|
85,023
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
9,169
|
-
|
3,004
|
4,180
|
-
|
3,891
|
-
|
4,125
|
7,221
|
1,226
|
4,010
|
3,871
|
6,919
|
1,843
|
3,294
|
3,287
|
4,708
|
-
|
Operating Margin
|
6.9%
|
-
|
6.13%
|
5.14%
|
-
|
7.68%
|
-
|
7.6%
|
8.26%
|
3.79%
|
7.3%
|
6.95%
|
7.58%
|
4.4%
|
5.49%
|
5.44%
|
5.54%
|
-
|
Earnings before Tax (EBT)
|
9,790
|
-
|
-
|
-
|
-
|
-
|
-
|
4,231
|
7,041
|
1,317
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
7,014
|
3,693
|
2,472
|
3,842
|
-
|
2,911
|
3,131
|
2,897
|
5,626
|
615.3
|
2,845
|
2,691
|
5,560
|
2,603
|
3,254
|
3,254
|
3,904
|
-
|
Net margin
|
5.28%
|
-
|
5.05%
|
4.73%
|
-
|
5.75%
|
-
|
5.34%
|
6.44%
|
1.9%
|
5.18%
|
4.83%
|
6.09%
|
6.21%
|
5.43%
|
5.39%
|
4.59%
|
-
|
EPS
2 |
-
|
0.1300
|
0.0900
|
0.1300
|
0.0100
|
0.1000
|
-
|
0.1000
|
0.2000
|
0.0200
|
0.1000
|
0.0900
|
0.2000
|
0.0907
|
0.1134
|
0.1134
|
0.1360
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
0.1800
|
-
|
-
|
-
|
-
|
0.2000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.2222
|
-
|
Announcement Date
|
30/03/20
|
28/08/20
|
29/10/21
|
30/03/22
|
29/04/22
|
26/08/22
|
26/08/22
|
28/10/22
|
30/03/23
|
28/04/23
|
25/08/23
|
27/10/23
|
28/03/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
27,250
|
13,715
|
21,818
|
35,138
|
36,562
|
40,380
|
53,073
|
56,793
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
14,466
|
-1,720
|
14,686
|
16,536
|
6,770
|
22,974
|
14,945
|
16,808
|
ROE (net income / shareholders' equity)
|
8.92%
|
8.13%
|
7.07%
|
7.68%
|
7.41%
|
8.21%
|
8.75%
|
9.16%
|
ROA (Net income/ Total Assets)
|
3.18%
|
2.92%
|
2.52%
|
2.68%
|
2.56%
|
2.94%
|
3.08%
|
3.38%
|
Assets
1 |
3,70,548
|
3,87,970
|
4,09,597
|
4,34,506
|
4,56,948
|
4,62,833
|
4,96,258
|
4,95,791
|
Book Value Per Share
2 |
4.740
|
4.980
|
5.180
|
5.400
|
5.610
|
5.880
|
6.180
|
6.530
|
Cash Flow per Share
2 |
0.7800
|
-0.0700
|
0.7100
|
0.8300
|
0.5100
|
0.8500
|
1.020
|
1.270
|
Capex
1 |
8,065
|
7,775
|
5,907
|
7,417
|
7,952
|
7,576
|
6,925
|
7,264
|
Capex / Sales
|
3.52%
|
3.42%
|
2.62%
|
3.33%
|
3.39%
|
3.03%
|
2.54%
|
2.5%
|
Announcement Date
|
30/03/20
|
30/03/21
|
30/03/22
|
30/03/23
|
28/03/24
|
-
|
-
|
-
|
Last Close Price
7.23
CNY Average target price
7.556
CNY Spread / Average Target +4.50% Consensus |
1st Jan change
|
Capi.
|
---|
| +37.45% | 26.75B | | +44.55% | 3.05B | | -9.35% | 3B | | +2.07% | 2.22B | | +18.92% | 1.64B | | -1.99% | 1.17B | | +11.85% | 790M | | +0.23% | 578M | | -29.05% | 381M | | -9.87% | 327M |
Locomotive Engines & Rolling Stock
|