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AVIC Industry-Finance Holdings Co., Ltd. (600705.SS)
Key financial summary
Financials in CNY| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY bn | 14 | 18 | 18 | 19 | 18 | 17 | 16 |
| Operating profit | CNY bn | 2 | 3 | |||||
| Net profit | CNY bn | 3 | 5 | 5 | 4 | 3 | 0 | 0 |
| EPS reported | CNY | 0.03 | 0.02 | |||||
| Operating cashflow per share | CNY | 0.82 | 0.82 | |||||
| Capex per share | CNY | 0.72 | 0.72 | |||||
| FCF per share | CNY | 0.10 | 0.10 | |||||
| Free cash flow | CNY bn | 1 | 26 | |||||
| Net debt | CNY bn | -41 | 33 | |||||
| Book value equity | CNY bn | 36 | 37 | |||||
| Book value per share | CNY | 4.13 | 4.25 | |||||
| Number of shares | m | 8,821.56 | 8,797.76 | |||||
| DPS (TTM paid) | CNY | 0.06 | 0.00 |
Financial summary
Financials in CNY| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 94.53 | - | |||||
| P/B LTM | x | 0.75 | 0.82 | |||||
| P/S LTM | x | 1.62 | 1.93 | |||||
| P/FCF LTM | x | 31.09 | 1.20 | |||||
| EV/EBITDA LTM | x | 7.72 | 12.99 | |||||
| EV/Sales LTM | x | 2.54 | 3.99 | |||||
| Earnings Yield LTM | % | 1.06% | 0.95% | |||||
| FCF Yield | % | 3.22% | 83.54% | |||||
| Quality | ||||||||
| ROE | % | 0.80% | 0.76% | |||||
| ROIC | % | 0.63% | 0.63% | |||||
| Operating margin | % | 12.29% | 12.29% | |||||
| Gross margin | % | 40.53% | 40.53% | |||||
| FCF/Sales | % | 5.20% | 5.20% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | -25.17% | |||||
| Sales Growth YoY | % | -6.70% | -10.66% | |||||
| Net Income Growth YoY | % | -90.05% | -60.11% | |||||
| FCF Growth | % | -95.16% | - | |||||
| Operating Profit Growth | % | -42.15% | +65.07% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 2.33% | 0.00% | |||||
| Dividend Growth | % | -60.53% | - | |||||
| Payout Ratio | % | 219.63% | 8094.8% | |||||
| FCF/Debt | x | 0.01 | 0.17 | |||||
| Net Debt/EBITDA | x | 2.81 | 2.81 | |||||
| EBIT/Net interest | x | 1.32 | 1.32 | |||||
| Net debt/market cap | % | -148.40% | 106.36% | |||||
| Net debt/Equity | x | -1.12 | 0.87 | |||||
| Gross debt/equity | x | 4.05 | 3.99 | |||||
Company overview
AVIC Industry-Finance Holdings Co., Ltd. is a financial services firm primarily engaged in securities brokerage and investment banking. For individual investors, the company offers a comprehensive range of services, including traditional securities trading, sales of financial products, personalized investment planning, portfolio management, and general financial advisory. For corporate clients, it provides specialized financial and advisory solutions. Beyond standard brokerage, AVIC Industry-Finance also participates in capital intermediation, delivering services such as margin financing and securities lending. Its investment activities encompass various asset classes, including equity, fixed income, derivatives, and innovative investment opportunities. The firm's investment banking division specializes in capital raising through equity and bond issuances, facilitates mergers and acquisitions (M&A), and structures complex financing arrangements. This division also oversees private fund management and offers bespoke capital market advisory. Additionally, the company provides asset management services, guides corporate asset restructuring and equity M&A transactions, and assists companies with public listings through underwriting, sponsorship, information disclosure, and share transfer services. Established in 2002 in Beijing, China, the company was formerly known as AVIC Capital Co., Ltd. It operates as a subsidiary of AVIC Investment Holdings Co., Ltd.
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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.
AVIC Industry-Finance Holdings Co., Ltd. (600705.SS)
AVIC Industry-Finance Holdings Co., Ltd. is a financial services firm primarily engaged in securities brokerage and investment banking. For individual investors, the company offers a comprehensive range of services, including traditional securities trading, sales of financial products, personalized investment planning, portfolio management, and general financial advisory. For corporate clients, it provides specialized financial and advisory solutions. Beyond standard brokerage, AVIC Industry-Finance also participates in capital intermediation, delivering services such as margin financing and securities lending. Its investment activities encompass various asset classes, including equity, fixed income, derivatives, and innovative investment opportunities. The firm's investment banking division specializes in capital raising through equity and bond issuances, facilitates mergers and acquisitions (M&A), and structures complex financing arrangements. This division also oversees private fund management and offers bespoke capital market advisory. Additionally, the company provides asset management services, guides corporate asset restructuring and equity M&A transactions, and assists companies with public listings through underwriting, sponsorship, information disclosure, and share transfer services. Established in 2002 in Beijing, China, the company was formerly known as AVIC Capital Co., Ltd. It operates as a subsidiary of AVIC Investment Holdings Co., Ltd.
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