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CIMC Vehicles (Group) Co., Ltd. (1839.HK)
Key financial summary
Financials in CNY| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY bn | 24 | 23 | 26 | 28 | 24 | 25 | 24 |
| Operating profit | CNY bn | 2 | 2 | |||||
| Net profit | CNY bn | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| EPS reported | CNY | 1.22 | 1.11 | |||||
| Operating cashflow per share | CNY | 0.89 | 0.89 | |||||
| Capex per share | CNY | 0.26 | 0.26 | |||||
| FCF per share | CNY | 0.63 | 0.63 | |||||
| Free cash flow | CNY bn | 1 | 1 | |||||
| Net debt | CNY bn | -4 | -6 | |||||
| Book value equity | CNY bn | 15 | 15 | |||||
| Book value per share | CNY | 7.36 | 7.40 | |||||
| Number of shares | m | 2,012.84 | 2,037.6 | |||||
| DPS (TTM paid) | CNY | 0.33 | 0.28 |
Financial summary
Financials in CNY| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 5.16 | - | |||||
| P/B LTM | x | 0.85 | 1.05 | |||||
| P/S LTM | x | 0.50 | 0.67 | |||||
| P/FCF LTM | x | 9.94 | 17.45 | |||||
| EV/EBITDA LTM | x | 3.27 | 3.20 | |||||
| EV/Sales LTM | x | 0.33 | 0.43 | |||||
| Earnings Yield LTM | % | 19.38% | 19.11% | |||||
| FCF Yield | % | 10.06% | 5.73% | |||||
| Quality | ||||||||
| ROE | % | 16.58% | 17.85% | |||||
| ROIC | % | 8.77% | 8.77% | |||||
| Operating margin | % | 8.03% | 8.03% | |||||
| Gross margin | % | 18.96% | 18.96% | |||||
| FCF/Sales | % | 5.07% | 5.07% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +121.82% | +52.05% | |||||
| Sales Growth YoY | % | +6.21% | -6.06% | |||||
| Net Income Growth YoY | % | +119.66% | +52.15% | |||||
| FCF Growth | % | +106.29% | -54.53% | |||||
| Operating Profit Growth | % | +36.82% | -0.60% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 5.21% | 4.46% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | 26.82% | 28.96% | |||||
| FCF/Debt | x | 0.79 | 0.82 | |||||
| Net Debt/EBITDA | x | -1.75 | -1.75 | |||||
| EBIT/Net interest | x | 46.41 | 46.41 | |||||
| Net debt/market cap | % | -34.87% | -35.66% | |||||
| Net debt/Equity | x | -0.30 | -0.37 | |||||
| Gross debt/equity | x | 0.11 | 0.07 | |||||
Company overview
CIMC Vehicles (Group) Co., Ltd., established in 1996 and headquartered in Shenzhen, China, operates as a leading global entity specializing in the manufacturing and distribution of semi-trailers and specialty truck bodies. The company, which was formerly known as Shenzhen Tianda Heavy Industries Ltd. until its name change in May 2005, serves markets across China, North America, Europe, and other international regions. Its extensive product portfolio features a broad range of semi-trailers, including container chassis, flatbeds, side-walls, stake trailers, curtain-sides, van trailers, refrigerated trailers, and various tank trailers for both liquid and dry bulk materials, as well as dump and terminal semi-trailers. Beyond semi-trailers, CIMC Vehicles also produces bodies for urban dump trucks, fully assembled concrete mixer vehicles, and sanitation trucks. The company's activities extend to the development, production, and sale of diverse special-purpose vehicles, mechanical goods, and metal structural components. Additionally, CIMC Vehicles is involved in the trade of automobiles, auto parts, metal products, hardware, electronic and mechanical equipment, and chemical products, alongside offering import/export and advisory services. Its products are marketed under several distinct brands: Tonghua, Huajun, SCVC SAILING, CIMC RJST Tank Trailer, Lingyu Vehicles, TB, Pioneer Series, CIMC Light Tower, and Liangshan Dongyue for the Chinese market; and Vanguard, CIE, SDC, and LAG for its international customers.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
CIMC Vehicles (Group) Co., Ltd. (1839.HK)
CIMC Vehicles (Group) Co., Ltd., established in 1996 and headquartered in Shenzhen, China, operates as a leading global entity specializing in the manufacturing and distribution of semi-trailers and specialty truck bodies. The company, which was formerly known as Shenzhen Tianda Heavy Industries Ltd. until its name change in May 2005, serves markets across China, North America, Europe, and other international regions. Its extensive product portfolio features a broad range of semi-trailers, including container chassis, flatbeds, side-walls, stake trailers, curtain-sides, van trailers, refrigerated trailers, and various tank trailers for both liquid and dry bulk materials, as well as dump and terminal semi-trailers. Beyond semi-trailers, CIMC Vehicles also produces bodies for urban dump trucks, fully assembled concrete mixer vehicles, and sanitation trucks. The company's activities extend to the development, production, and sale of diverse special-purpose vehicles, mechanical goods, and metal structural components. Additionally, CIMC Vehicles is involved in the trade of automobiles, auto parts, metal products, hardware, electronic and mechanical equipment, and chemical products, alongside offering import/export and advisory services. Its products are marketed under several distinct brands: Tonghua, Huajun, SCVC SAILING, CIMC RJST Tank Trailer, Lingyu Vehicles, TB, Pioneer Series, CIMC Light Tower, and Liangshan Dongyue for the Chinese market; and Vanguard, CIE, SDC, and LAG for its international customers.
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