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AVIC Heavy Machinery Co Ltd

600765 · SHG · Industrials / Specialty Industrial Machinery

11.86CNY-0.18 (-1.50%)

Price History

Full chart

Market Stats

Previous Close12.04
Open12.06
Day Range11.83 – 12.24
52-Week Range12.50 – 22.04
Volume11.18M
Market Cap20.48B
P/E (TTM)35.65
Forward P/E40.98
EPS0.37
Dividend Yield0.06%
Beta0.09
50-Day Avg13.49
200-Day Avg16.00

About

AVIC Heavy Machinery Co., Ltd. engages in forging, casting, hydraulic environmental control and other business in China. The company is involved in the production of die, free, isothermal, and ring forging, which consist of aircraft beams; frames; joints; hangings; landing gear and other structural parts; aircraft engines and gas turbine discs; rotating parts, such as discs and shafts; and still parts such as receivers and mounting edges; missile engine and rocket engine forgings; and other civilian forgings for aviation, and other military and civilian uses. Its forging products are primarily used in aviation, aerospace, ships, weapons, electric power, petrochemical, railway, automobile, mining, construction machinery, and other fields. It is also involved in the research, development, and production of aerospace castings, investment in precision casting, metal mold casting, centrifugal casting, etc.; and alloy casting, such as high-temperature alloys, aluminum alloys, titanium alloys, magnesium alloys, etc.; and military and civilian high-pressure piston pump products. In addition, the company manufactures aviation environmental control accessories and civil heat exchangers, including heat exchangers, high-speed rotating machinery, lubricating oil tanks, cooling devices, and high-temperature insulation components for hydraulic systems and lubrication systems used in engineering machinery, air compressors, wind power, medical treatment, and high-speed rail industries. It also exports its products to Europe, the Americas, Oceania, and the Asia-Pacific region. AVIC Heavy Machinery Co., Ltd. was incorporated in 1996 and is headquartered in Guiyang, China.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Guiqi Song
  • Employees8.82K
  • HeadquartersNo. 16, Airport Road, Guiyang, China, 550008, China
  • Websitehttps://www.hm.avic.com

Leadership

  • Mr. Guiqi SongMD & General Legal Counsel · b. 1973
  • Mr. Zhihong WangDeputy General Manager & Secretary of the Board · b. 1971
  • Mr. Shengli JiDeputy General Manager · b. 1966
  • Mr. Cheng Jiang TangDeputy General Manager · b. 1983
  • Mr. Yong Yong ShiChief Accountant & Director · b. 1989

Financials

Income Statement

Currency: CNY1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue55.67M47.73M51.58M52.12M51.17M44.56M36.85M43.95M51.64M61.42M85.85M107.56M125.88M993.02M1.40B1.76B2.86B4.19B5.49B5.37B6.39B5.82B5.88B5.37B5.66B5.44B5.98B6.70B8.79B10.57B11.58B10.36B10.11B
Growth (%)--14.26%+8.07%+1.04%-1.82%-12.92%-17.30%+19.26%+17.51%+18.93%+39.78%+25.29%+17.03%+688.88%+41.26%+25.64%+62.31%+46.51%+30.89%-2.07%+18.87%-8.82%+0.94%-8.66%+5.48%-3.86%+9.94%+11.92%+31.23%+20.25%+9.53%-10.55%-2.32%
Cost of Revenue29.05M20.32M23.51M25.88M27.99M26.92M25.09M29.89M32.46M38.79M51.21M60.30M78.62M94.74M1.03B1.38B2.20B3.18B4.37B4.32B5.27B4.55B4.59B4.05B4.37B4.22B4.55B5.06B6.49B7.56B8.08B8.08B7.29B
Gross Profit26.62M27.41M28.07M26.24M23.18M17.63M11.76M14.06M19.18M22.63M34.64M47.25M47.25M306.82M400.40M430.84M656.04M1.01B1.11B1.05B1.11B1.27B1.28B1.32B1.29B1.22B1.44B1.64B2.30B3.01B3.50B2.28B2.83B
Gross Margin47.81%57.43%54.43%50.34%45.31%39.58%31.91%31.99%37.14%36.84%40.35%43.93%37.54%30.90%28.54%24.45%22.93%24.16%20.24%19.52%17.45%21.88%21.84%24.64%22.74%22.49%24.00%24.43%26.12%28.43%30.23%21.99%27.96%
Operating Expense13.80M13.51M14.13M10.79M5.87M11.25M18.81M13.46M17.11M19.54M28.24M34.33M35.25M225.73M227.54M264.84M363.45M629.24M941.46M720.53M956.67M1.12B1.60B1.13B1.09B942.73M1.04B1.12B1.16B1.47B1.82B1.41B1.98B
Operating Income12.82M13.90M13.95M15.45M17.31M6.39M-7.05M599.60K2.07M3.08M6.40M12.93M12.00M81.09M172.85M166.00M292.60M383.40M169.03M327.95M157.71M151.96M-311.70M192.66M195.99M281.43M400.52M516.88M1.14B1.54B1.68B864.83M843.06M
Operating Margin23.03%29.13%27.04%29.65%33.83%14.34%-19.14%1.36%4.01%5.02%7.46%12.02%9.53%8.17%12.32%9.42%10.23%9.15%3.08%6.10%2.47%2.61%-5.30%3.59%3.46%5.17%6.69%7.72%12.97%14.54%14.52%8.35%8.34%
EBITDA-11.77M-9.77M-9.82M17.34M11.69M10.78M5.17M11.41M9.68M10.16M13.91M24.49M25.09M160.07M225.70M321.72M411.73M575.16M575.10M534.21M677.17M720.24M151.60M755.11M743.70M439.36M789.56M852.27M1.35B1.78B2.07B1.41B1.56B
EBITDA Margin-21.14%-20.46%-19.04%33.27%22.84%24.20%14.02%25.96%18.74%16.55%16.20%22.76%19.93%16.12%16.09%18.25%14.39%13.72%10.48%9.94%10.60%12.37%2.58%14.07%13.13%8.07%13.19%12.72%15.31%16.87%17.87%13.66%15.38%
Net Income12.15M12.66M13.07M15.51M17.21M6.63M-7.46M312.12K1.15M1.51M4.94M12.12M9.04M77.86M107.56M218.41M261.00M230.19M146.14M213.45M153.31M156.48M-300.08M242.46M164.52M333.14M275.26M343.81M890.64M1.20B1.34B639.73M608.82M
Net Income Margin21.83%26.52%25.33%29.75%33.64%14.89%-20.24%0.71%2.22%2.46%5.75%11.27%7.18%7.84%7.67%12.39%9.12%5.49%2.66%3.97%2.40%2.69%-5.11%4.52%2.91%6.12%4.60%5.13%10.13%11.36%11.56%6.18%6.02%
R&D-----------------44.92M69.51M82.97M93.67M108.39M178.61M172.85M162.57M200.88M203.49M294.92M346.45M434.15M762.16M676.98M633.95M
R&D as % of Total Revenue-----------------1.07%1.27%1.54%1.47%1.86%3.04%3.22%2.87%3.69%3.40%4.40%3.94%4.11%6.58%6.54%6.27%
Interest Expense2.03M3.75M4.31M2.76M--2.82M2.75M2.78M2.80M2.11M2.12M1.77M2.29M31.56M59.15M60.84M106.63M175.67M212.17M216.80M255.06M261.62M229.11M208.55M193.96M154.74M138.03M121.55M93.98M91.56M105.02M97.46M
Interest Expense % of Total Revenue3.64%7.85%8.35%5.29%--7.66%6.26%5.38%4.56%2.46%1.97%1.41%0.23%2.25%3.36%2.13%2.54%3.20%3.95%3.39%4.38%4.45%4.27%3.68%3.56%2.59%2.06%1.38%0.89%0.79%1.01%0.96%

Balance Sheet

Currency: CNY1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets66.09M112.78M139.92M229.18M233.01M260.98M241.46M237.99M213.17M221.35M228.94M230.46M254.01M251.97M2.18B3.26B5.81B7.89B9.65B10.76B12.13B13.24B13.18B13.95B12.59B12.07B14.38B15.67B19.68B21.08B25.43B30.32B31.11B
Total Liabilities45.80M89.70M97.86M77.30M79.24M62.92M59.62M55.49M60.31M67.43M69.57M61.53M74.51M80.29M1.24B2.21B3.17B4.50B5.80B6.65B7.86B8.82B9.34B9.91B8.62B7.46B7.86B8.49B9.85B10.29B13.17B14.44B14.94B
Total Equity20.29M23.09M42.06M151.89M153.77M198.06M181.84M182.50M152.86M153.92M159.37M166.63M177.35M169.58M883.76M955.72M2.48B2.76B3.00B3.21B3.35B3.53B3.25B3.50B3.74B4.25B6.13B6.71B9.36B10.39B11.49B13.98B14.17B
Cash4.28M11.67M16.65M32.99M22.65M46.76M28.29M23.72M35.48M41.42M36.43M30.75M46.91M49.65M339.36M450.20M1.48B1.95B1.73B1.76B1.29B1.07B1.41B983.68M1.39B1.07B2.67B3.05B6.13B5.73B5.19B5.46B3.57B
Total Debt33.19M73.89M79.19M54.21M46.36M45.00M56.70M38.00M49.44M51.42M45.93M30.95M45.56M38.56M543.75M1.10B1.75B1.66B2.08B3.40B3.79B4.57B4.08B4.95B3.94B3.24B3.17B3.21B2.94B2.69B3.32B3.15B5.89B
Net Debt28.91M62.22M62.54M21.21M23.71M-1.76M28.40M14.28M13.96M10.00M9.51M191.48K-1.35M-11.09M204.39M647.70M275.54M-293.01M349.32M1.64B2.50B3.50B2.67B3.97B2.54B2.17B501.01M156.14M-3.19B-3.05B-1.87B-2.31B2.32B

Cash Flow

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow8.90M-7.13M7.34M13.86M14.41M25.66M19.35M20.50M20.31M99.32M-16.65M-146.12M32.45M-398.63M-125.78M208.09M144.29M639.94M175.00M909.87M384.84M783.44M658.44M1.52B774.38M593.62M-78.69M-1.17B
Investing Cash Flow15.27M-8.25M-3.11M-2.13M-8.20M-22.86M-8.45M-15.17M-8.11M-57.04M-474.78M-899.90M-416.02M-527.24M-330.36M-1.04B-733.19M-878.51M-691.04M-430.88M-146.65M-248.18M-216.15M-281.41M-917.55M-2.12B-1.01B-847.89M
Financing Cash Flow-59.46K-3.09M-8.81M30.80K-278.49K-7.79M-16.58M10.83M-9.47M72.83M598.07M2.05B857.55M577.83M369.05M351.68M474.41M651.33M146.42M-57.64M-566.46M1.05B-44.26M1.84B-264.93M961.51M950.27M153.47M
Capital Expenditure17.95M7.27M3.11M2.19M7.40M22.94M11.58M15.23M8.15M86.76M180.50M319.68M435.02M557.90M812.98M1.04B739.05M654.24M721.59M533.70M366.23M262.11M453.63M619.69M877.80M1.10B1.02B834.33M
Free Cash Flow-9.04M-14.40M4.23M11.67M7.01M2.72M7.77M5.26M12.16M12.56M-197.15M-465.80M-402.56M-956.53M-938.76M-834.52M-594.76M-14.30M-546.59M376.17M18.61M521.33M204.80M897.91M-103.41M-511.14M-1.09B-2.00B
Dividends Paid19.14M3.73M2.76M2.63M2.66M2.67M2.08M3.79M2.47M38.45M62.45M106.70M74.69M142.63M215.70M282.49M264.86M310.25M257.93M210.89M161.52M33.45M42.01M46.51M178.78M242.89M455.62M221.20M
FCF to OCF-101.58%202.04%57.62%84.18%48.63%10.61%40.16%25.67%59.86%12.64%1184.03%318.78%-1240.49%239.96%746.34%-401.03%-412.19%-2.23%-312.33%41.34%4.84%66.54%31.10%59.17%-13.35%-86.11%1390.38%171.50%
Dividend Paid to FCF-211.64%-25.88%65.14%22.52%37.89%98.08%26.80%72.00%20.28%306.15%-31.68%-22.91%-18.55%-14.91%-22.98%-33.85%-44.53%-2170.24%-47.19%56.06%867.72%6.42%20.51%5.18%-172.88%-47.52%-41.64%-11.05%

Earnings

Report DateMar 28, 2010Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Sep 3, 2014Dec 3, 2014Feb 25, 2015Jun 3, 2015Sep 2, 2015Oct 29, 2015Mar 17, 2016Apr 27, 2016Aug 24, 2016Oct 28, 2016Mar 15, 2017Apr 27, 2017Aug 23, 2017Oct 29, 2017Mar 11, 2018Apr 26, 2018Aug 20, 2018Oct 26, 2018Feb 21, 2019Apr 26, 2019Aug 27, 2019Oct 29, 2019Mar 30, 2020Apr 29, 2020Aug 27, 2020Oct 28, 2020Mar 11, 2021Apr 30, 2021Aug 30, 2021Oct 24, 2021Mar 9, 2022Apr 29, 2022Aug 29, 2022Oct 23, 2022Mar 14, 2023Apr 26, 2023
EPS Estimate0.05-----------------------------------------------------
EPS Actual0.010.070.050.040.050.040.070.010.02-0.020.060.17-0.010.040.050.020.040.030.050.020.030.03-0.020.10-0.390.040.020.030.120.040.050.050.000.030.050.180.160.030.070.090.060.040.060.110.080.080.150.220.190.140.240.240.200.18
Surprise-80.00%-----------------------------------------------------
TimingAfter-hours----------------------After-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market-Pre-market-After-hoursPre-market-After-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap20.48B
Enterprise Value20.90B
Trailing P/E35.65
Forward P/E40.98
Price / Sales2.15
Price / Book1.41
EPS0.37
Book Value9.48
Revenue (TTM)9.53B
Gross Profit (TTM)2.34B
EBITDA1.06B
Profit Margin5.88%
Operating Margin0.52%
Return on Equity4.43%
Return on Assets0.93%
Shares Outstanding1.55B
Shares Float1.00B
Beta0.09
Dividend Yield0.06%
Dividend Rate0.01
Payout Ratio2.28%

Dividends

20231×
0.17May 31, 2023
20221×
0.17May 19, 2022
20211×
0.04Apr 20, 2021
20201×
0.03Jun 4, 2020
20191×
0.03May 17, 2019
20181×
0.01Jun 28, 2018
20171×
0.03Jun 27, 2017
20161×
0.03Jun 24, 2016
20151×
0.03Jun 25, 2015
20141×
0.03Jun 25, 2014
20131×
0.03Jun 19, 2013
20121×
0.01Jun 18, 2012
20111×
0.03Jun 23, 2011
20101×
0.04May 13, 2010
20091×
0.03Jul 24, 2009
20081×
0.03May 23, 2008
20071×
0.01May 30, 2007
20061×
0.45Jun 19, 2006
20051×
0.01Jul 8, 2005
19981×
0.03Jun 26, 1998

Stock Splits

  • May 19, 20227:5
  • May 13, 20103:2
  • Sep 19, 20082:1
  • Nov 5, 1998971:901
  • May 21, 19972:1