BEIJING AIRPORT HIGH-TECH PARK CO., LTD. Financials Beijing Airport High-Tech Park Co., Ltd.
Equities
600463
CNE000001GZ8
Real Estate Development & Operations
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.37 CNY | +0.84% |
|
+15.29% | -15.11% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,148 | 2,187 | 1,872 | 2,433 | 2,643 | 2,958 |
| Enterprise Value (EV) 1 | 2,600 | 2,658 | 2,389 | 3,080 | 3,352 | 3,562 |
| P/E ratio | 140 x | -91.6 x | 207 x | -96.5 x | -82.8 x | -29.6 x |
| Yield | 0.22% | - | 0.16% | - | - | - |
| Capitalization / Revenue | 1.7 x | 2 x | 1.67 x | 2.4 x | 4.05 x | 5.73 x |
| EV / Revenue | 2.05 x | 2.43 x | 2.14 x | 3.04 x | 5.13 x | 6.9 x |
| EV / EBITDA | 27.2 x | 39 x | 34.3 x | 364 x | 54.8 x | -83.7 x |
| EV / FCF | -26 x | 16.7 x | -15.6 x | -39.5 x | -21.7 x | 36.5 x |
| FCF Yield | -3.85% | 5.98% | -6.42% | -2.53% | -4.6% | 2.74% |
| Price to Book | 1.52 x | 1.74 x | 1.5 x | 1.99 x | 2.23 x | 2.72 x |
| Nbr of stocks (in thousands) | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 |
| Reference price 2 | 7.160 | 7.290 | 6.240 | 8.110 | 8.810 | 9.860 |
| Announcement Date | 4/9/19 | 4/15/20 | 4/16/21 | 4/14/22 | 4/14/23 | 3/28/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,266 | 1,095 | 1,118 | 1,013 | 652.9 | 516.5 |
| EBITDA 1 | 95.72 | 68.19 | 69.56 | 8.468 | 61.18 | -42.55 |
| EBIT 1 | 49.67 | 15.05 | 9.593 | -51.9 | 11.32 | -80.62 |
| Operating Margin | 3.92% | 1.37% | 0.86% | -5.12% | 1.73% | -15.61% |
| Earnings before Tax (EBT) 1 | 39.23 | -27.86 | 6.814 | -44.66 | -35.13 | -124.4 |
| Net income 1 | 15.31 | -23.89 | 9.074 | -25.19 | -31.91 | -99.98 |
| Net margin | 1.21% | -2.18% | 0.81% | -2.49% | -4.89% | -19.36% |
| EPS 2 | 0.0510 | -0.0796 | 0.0302 | -0.0840 | -0.1064 | -0.3333 |
| Free Cash Flow 1 | -100.1 | 159 | -153.4 | -78.07 | -154.2 | 97.56 |
| FCF margin | -7.91% | 14.52% | -13.72% | -7.71% | -23.62% | 18.89% |
| FCF Conversion (EBITDA) | - | 233.12% | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | 0.0160 | - | 0.0100 | - | - | - |
| Announcement Date | 4/9/19 | 4/15/20 | 4/16/21 | 4/14/22 | 4/14/23 | 3/28/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 452 | 471 | 517 | 647 | 709 | 604 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.723 x | 6.905 x | 7.438 x | 76.45 x | 11.6 x | -14.19 x |
| Free Cash Flow 1 | -100 | 159 | -153 | -78.1 | -154 | 97.6 |
| ROE (net income / shareholders' equity) | 0.66% | -2.12% | 0.36% | -4.05% | -4.39% | -11% |
| ROA (Net income/ Total Assets) | 1.07% | 0.33% | 0.2% | -1.06% | 0.26% | -2.01% |
| Assets 1 | 1,433 | -7,267 | 4,537 | 2,371 | -12,335 | 4,967 |
| Book Value Per Share 2 | 4.700 | 4.200 | 4.150 | 4.070 | 3.960 | 3.630 |
| Cash Flow per Share 2 | 0.9500 | 0.8600 | 1.150 | 0.7400 | 0.5200 | 0.4000 |
| Capex 1 | 6.83 | 28.1 | 28 | 31.7 | 5.71 | 4.15 |
| Capex / Sales | 0.54% | 2.57% | 2.5% | 3.13% | 0.87% | 0.8% |
| Announcement Date | 4/9/19 | 4/15/20 | 4/16/21 | 4/14/22 | 4/14/23 | 3/28/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -15.11% | 347M | |
| -1.09% | 8.76B | |
| +6.15% | 7.76B | |
| -7.70% | 3.15B | |
| -16.69% | 2.14B | |
| -16.64% | 692M | |
| -0.15% | 672M | |
| -2.22% | 655M | |
| -10.03% | 541M | |
| -1.23% | 478M |
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- 600463 Stock
- Financials Beijing Airport High-Tech Park Co., Ltd.
