Financials Anhui Jianghuai Automobile Group Corp.,Ltd.

Equities

600418

CNE0000018M9

Auto & Truck Manufacturers

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
16.6 CNY +4.67% Intraday chart for Anhui Jianghuai Automobile Group Corp.,Ltd. +3.43% +2.79%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 9,107 9,504 23,155 38,002 28,676 36,255 36,255 -
Enterprise Value (EV) 1 10,103 11,668 25,671 38,191 26,684 30,375 30,377 29,294
P/E ratio -11.5 x 83.7 x 153 x 174 x -18.2 x 143 x 77.8 x 52.8 x
Yield - 0.34% 0.19% 0.16% - 0.17% 0.14% 0.55%
Capitalization / Revenue 0.18 x 0.2 x 0.54 x 0.94 x 0.79 x 0.86 x 0.8 x 0.65 x
EV / Revenue 0.2 x 0.25 x 0.6 x 0.95 x 0.73 x 0.72 x 0.67 x 0.53 x
EV / EBITDA 18 x 5.33 x 12.2 x 18.9 x 68.2 x 11.6 x 11.4 x 10.2 x
EV / FCF -2,365,507 x - - - - - - -
FCF Yield -0% - - - - - - -
Price to Book 0.71 x 0.73 x 1.77 x 2.28 x 2.1 x 2.62 x 2.65 x 2.64 x
Nbr of stocks (in thousands) 1,893,312 1,893,312 1,893,312 2,184,010 2,184,010 2,184,010 2,184,010 -
Reference price 2 4.810 5.020 12.23 17.40 13.13 16.60 16.60 16.60
Announcement Date 4/30/19 3/18/20 3/29/21 3/24/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 50,092 47,362 42,831 40,214 36,495 42,366 45,368 55,598
EBITDA 1 561.2 2,189 2,108 2,016 391.3 2,629 2,657 2,859
EBIT 1 -1,519 231 126.4 163.9 -1,391 328.4 517.2 831.4
Operating Margin -3.03% 0.49% 0.3% 0.41% -3.81% 0.78% 1.14% 1.5%
Earnings before Tax (EBT) 1 -1,476 89.37 134.9 192.1 -1,390 315.4 516.8 923.2
Net income 1 -786.1 106 142.6 200 -1,582 226.9 462.3 689
Net margin -1.57% 0.22% 0.33% 0.5% -4.34% 0.54% 1.02% 1.24%
EPS 2 -0.4200 0.0600 0.0800 0.1000 -0.7200 0.1162 0.2133 0.3145
Free Cash Flow -4,271 - - - - - - -
FCF margin -8.53% - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 0.0170 0.0230 0.0280 - 0.0278 0.0225 0.0910
Announcement Date 4/30/19 3/18/20 3/29/21 3/24/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q2 2021 Q3 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
Net sales 1 10,702 8,344 9,488 - 8,011 9,771 8,951 - 11,668 11,570 7,822 - - - -
EBITDA - - - - - - - - - - - - - - -
EBIT 1 273 -394.5 - - -413.9 -45.02 -669.2 - - - -871.5 - - - -
Operating Margin 2.55% -4.73% - - -5.17% -0.46% -7.48% - - - -11.14% - - - -
Earnings before Tax (EBT) 1 280.3 -385.8 146.3 - - - - - - - -3,907 - - - -
Net income 1 - - - - - - - - - - -3,925 - - - -
Net margin - - - - - - - - - - -50.18% - - - -
EPS 2 0.1500 -0.1500 - - -0.2000 -0.0300 -0.3600 - - - -1.797 - - - -
Dividend per Share 2 - - 0.0280 - - - - - - - 0.0236 - - - -
Announcement Date 8/27/21 10/29/21 3/24/22 5/29/22 8/29/22 10/29/22 4/28/23 - - 10/27/23 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 996 2,164 2,516 189 - - - -
Net Cash position 1 - - - - 1,992 5,880 5,878 6,961
Leverage (Debt/EBITDA) 1.774 x 0.9883 x 1.193 x 0.0938 x - - - -
Free Cash Flow -4,271 - - - - - - -
ROE (net income / shareholders' equity) -5.91% 0.82% 1.1% 1.5% -11% 1.84% 3.29% 4.92%
ROA (Net income/ Total Assets) -1.71% 0.23% 0.33% 0.45% - 0.73% 0.98% 1.5%
Assets 1 46,000 45,696 42,956 44,245 - 31,080 47,420 45,932
Book Value Per Share 2 6.790 6.840 6.890 7.620 6.250 6.340 6.260 6.300
Cash Flow per Share 2 -1.820 0.1200 -0.7000 0.8600 0.7000 1.710 1.720 3.770
Capex 1 817 221 237 668 226 3,460 3,160 2,450
Capex / Sales 1.63% 0.47% 0.55% 1.66% 0.62% 8.17% 6.97% 4.41%
Announcement Date 4/30/19 3/18/20 3/29/21 3/24/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
16.6 CNY
Average target price
18.7 CNY
Spread / Average Target
+12.65%
Consensus
  1. Stock Market
  2. Equities
  3. 600418 Stock
  4. Financials Anhui Jianghuai Automobile Group Corp.,Ltd.