End-of-day quote
Shanghai S.E.
06:00:00 2024-05-16 pm EDT
|
5-day change
|
1st Jan Change
|
12.48
CNY
|
+4.09%
|
|
+1.71%
|
+4.00%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
29,492
|
22,297
|
34,804
|
35,736
|
26,503
|
27,505
|
-
|
-
|
Enterprise Value (EV)
1 |
40,866
|
34,853
|
50,609
|
53,195
|
42,844
|
39,675
|
34,553
|
29,614
|
P/E ratio
|
27.8
x
|
-47.4
x
|
-71
x
|
-7.97
x
|
35.3
x
|
14.1
x
|
9.61
x
|
8.64
x
|
Yield
|
0.67%
|
0.88%
|
-
|
-
|
0.58%
|
1.67%
|
2.39%
|
2.63%
|
Capitalization / Revenue
|
1.76
x
|
2.21
x
|
2.96
x
|
4.35
x
|
1.32
x
|
1.11
x
|
1
x
|
0.94
x
|
EV / Revenue
|
2.44
x
|
3.45
x
|
4.3
x
|
6.48
x
|
2.13
x
|
1.6
x
|
1.26
x
|
1.02
x
|
EV / EBITDA
|
19.3
x
|
128
x
|
591
x
|
-11.8
x
|
20.5
x
|
7.91
x
|
4.98
x
|
3.96
x
|
EV / FCF
|
-
|
-
|
-112
x
|
-36
x
|
-
|
19
x
|
11.5
x
|
8.37
x
|
FCF Yield
|
-
|
-
|
-0.89%
|
-2.78%
|
-
|
5.25%
|
8.69%
|
12%
|
Price to Book
|
2.29
x
|
2.06
x
|
3.47
x
|
3.75
x
|
3.16
x
|
2.71
x
|
1.99
x
|
1.78
x
|
Nbr of stocks (in thousands)
|
1,966,144
|
1,960,994
|
1,960,761
|
2,208,622
|
2,208,622
|
2,203,935
|
-
|
-
|
Reference price
2 |
15.00
|
11.37
|
17.75
|
16.18
|
12.00
|
12.48
|
12.48
|
12.48
|
Announcement Date
|
4/10/20
|
4/19/21
|
4/19/22
|
4/17/23
|
4/8/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
16,749
|
10,102
|
11,767
|
8,210
|
20,096
|
24,769
|
27,375
|
29,173
|
EBITDA
1 |
2,114
|
271.6
|
85.7
|
-4,525
|
2,092
|
5,016
|
6,941
|
7,481
|
EBIT
1 |
1,287
|
-748.9
|
-793.5
|
-5,495
|
965.3
|
2,081
|
3,641
|
4,214
|
Operating Margin
|
7.68%
|
-7.41%
|
-6.74%
|
-66.93%
|
4.8%
|
8.4%
|
13.3%
|
14.44%
|
Earnings before Tax (EBT)
1 |
1,397
|
-646
|
-660.2
|
-5,485
|
968.5
|
2,566
|
3,704
|
4,148
|
Net income
1 |
994.5
|
-473.8
|
-497.6
|
-4,148
|
751.3
|
1,955
|
2,881
|
3,284
|
Net margin
|
5.94%
|
-4.69%
|
-4.23%
|
-50.52%
|
3.74%
|
7.89%
|
10.52%
|
11.26%
|
EPS
2 |
0.5400
|
-0.2400
|
-0.2500
|
-2.030
|
0.3400
|
0.8820
|
1.299
|
1.445
|
Free Cash Flow
1 |
-
|
-
|
-452.7
|
-1,480
|
-
|
2,084
|
3,003
|
3,540
|
FCF margin
|
-
|
-
|
-3.85%
|
-18.02%
|
-
|
8.41%
|
10.97%
|
12.13%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
41.54%
|
43.27%
|
47.32%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
106.62%
|
104.25%
|
107.78%
|
Dividend per Share
2 |
0.1000
|
0.1000
|
-
|
-
|
0.0690
|
0.2088
|
0.2980
|
0.3279
|
Announcement Date
|
4/10/20
|
4/19/21
|
4/19/22
|
4/17/23
|
4/8/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
-
|
6,049
|
-
|
-
|
-
|
-
|
-
|
4,442
|
-
|
-
|
6,549
|
4,216
|
5,719
|
5,907
|
7,913
|
5,094
|
5,957
|
6,558
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-675.4
|
102.1
|
-447.8
|
-
|
-1,346
|
-1,890
|
-
|
165.1
|
-102.7
|
62.41
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
1.69%
|
-
|
-
|
-
|
-
|
-
|
3.72%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-0.2200
|
-0.2800
|
-0.6800
|
-
|
-0.5400
|
-
|
-0.0400
|
0.0300
|
0.4800
|
-0.1700
|
0.1700
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/18/20
|
8/2/21
|
4/19/22
|
4/28/22
|
8/30/22
|
8/30/22
|
10/28/22
|
4/28/23
|
8/21/23
|
8/21/23
|
10/30/23
|
4/8/24
|
4/29/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
11,374
|
12,556
|
15,806
|
17,460
|
16,340
|
12,170
|
7,048
|
2,109
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
5.379
x
|
46.23
x
|
184.4
x
|
-3.858
x
|
7.812
x
|
2.426
x
|
1.015
x
|
0.2819
x
|
Free Cash Flow
1 |
-
|
-
|
-453
|
-1,480
|
-
|
2,084
|
3,003
|
3,540
|
ROE (net income / shareholders' equity)
|
9.19%
|
-3.99%
|
-4.83%
|
-44.1%
|
8.34%
|
20.5%
|
20.7%
|
20.2%
|
ROA (Net income/ Total Assets)
|
3.64%
|
-1.45%
|
-1.31%
|
-
|
-
|
3.74%
|
5.04%
|
5.7%
|
Assets
1 |
27,298
|
32,720
|
38,083
|
-
|
-
|
52,262
|
57,154
|
57,620
|
Book Value Per Share
2 |
6.560
|
5.520
|
5.110
|
4.310
|
3.800
|
4.610
|
6.260
|
7.010
|
Cash Flow per Share
2 |
1.390
|
0.3100
|
0.7900
|
0.0900
|
2.890
|
2.400
|
2.690
|
2.710
|
Capex
1 |
2,991
|
568
|
2,010
|
1,687
|
-
|
1,211
|
1,486
|
2,188
|
Capex / Sales
|
17.86%
|
5.62%
|
17.08%
|
20.55%
|
-
|
4.89%
|
5.43%
|
7.5%
|
Announcement Date
|
4/10/20
|
4/19/21
|
4/19/22
|
4/17/23
|
4/8/24
|
-
|
-
|
-
|
Last Close Price
12.48
CNY Average target price
17.75
CNY Spread / Average Target +42.24% Consensus |
1st Jan change
|
Capi.
|
---|
| +4.00% | 3.81B | | -3.53% | 16.67B | | +75.51% | 1.87B | | +7.34% | 1.68B | | +8.42% | 1.33B | | +15.52% | 1.28B | | -0.56% | 1.25B | | -8.94% | 987M | | -35.87% | 934M | | +4.23% | 600M |
Regional Airlines
|