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Shandong Binzhou Bohai Piston Co Ltd

Shandong Binzhou Bohai Piston Co Ltd

600960 · SHG · Consumer Cyclical / Auto Parts

4.34CNY-0.04 (-0.91%)

Price History

Full chart

Market Stats

Previous Close4.38
Open4.41
Day Range4.31 – 4.42
52-Week Range3.40 – 6.73
Volume14.11M
Market Cap6.32B
P/E (TTM)0.00
Forward P/E29.24
EPS-0.14
Dividend Yield0.00%
Beta0.79
50-Day Avg3.95
200-Day Avg4.73

About

Bohai Automotive Systems CO., LTD. engages in the manufacture and sale of various pistons in China and internationally. The company offers die-casting, laser remelting, integral forged steel structure, and ceramic internally cooled aluminum piston; articulated, composite, and monolithic piston. It also provides piston pin and wear resistant; and piston assembly products. The company's piston products are used in agricultural machinery, marine electric, construction machinery, commercial vehicle, passenger vehicle, and other industries. Bohai Automotive Systems CO., LTD. was formerly known as Shandong Binzhou Bohai Piston Co., Ltd. and changed its name to Bohai Automotive Systems CO., LTD. in October 2017. Bohai Automotive Systems CO., LTD. was incorporated in 1999 and is based in Binzhou, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Jicheng Zhao
  • Employees3.70K
  • HeadquartersNo. 569, Bohai 21st Road, Binzhou, China, 256602, China
  • Websitehttps://www.bhpiston.com

Leadership

  • Mr. Jicheng ZhaoGM & Vice Chairman · b. 1975
  • Mr. Changcheng SheDeputy GM & CFO · b. 1979
  • Mr. Jun JiDeputy GM & Director · b. 1972
  • Mr. Yu ZhuExecutive Vice President · b. 1975
  • Mr. Chunhui YuanBoard Secretary · b. 1981
  • Zhou LiAccounting Supervisor

Financials

Income Statement

Currency: CNY2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Total Revenue365.07M435.89M535.23M660.42M626.55M781.40M1.40B1.45B1.22B1.77B1.82B1.41B1.28B1.18B1.47B1.77B2.50B3.88B4.92B4.69B4.41B4.10B4.67B4.23B
Growth (%)-+19.40%+22.79%+23.39%-5.13%+24.71%+78.84%+3.54%-15.46%+44.49%+3.19%-22.46%-9.50%-7.89%+24.80%+20.23%+41.26%+55.21%+26.81%-4.72%-5.78%-7.08%+13.85%-9.48%
Cost of Revenue284.37M308.10M393.24M514.45M511.99M627.79M1.18B1.20B949.13M1.36B1.49B1.19B972.89M884.46M1.16B1.36B2.00B3.33B4.29B4.17B4.01B3.79B4.43B4.49B
Gross Profit80.71M127.80M141.99M145.96M114.56M153.60M221.56M247.34M274.16M404.67M338.17M220.47M306.89M294.34M307.02M409.39M502.86M548.94M627.85M518.96M404.79M309.53M238.41M-266.27M
Gross Margin22.11%29.32%26.53%22.10%18.28%19.66%15.85%17.09%22.41%22.90%18.54%15.59%23.98%24.97%20.87%23.15%20.13%14.16%12.77%11.08%9.17%7.55%5.10%-6.30%
Operating Expense35.74M67.84M77.97M80.65M99.70M129.66M173.63M217.07M215.39M236.09M222.14M115.56M240.42M245.53M260.54M182.79M210.10M387.53M535.03M485.44M503.06M368.52M429.96M963.50M
Operating Income44.97M59.96M64.02M65.31M14.86M23.95M47.93M30.28M58.77M168.58M116.03M104.90M66.46M48.81M46.49M226.61M292.76M161.41M92.82M33.52M-98.26M-58.99M-191.55M-1.23B
Operating Margin12.32%13.75%11.96%9.89%2.37%3.06%3.43%2.09%4.80%9.54%6.36%7.42%5.19%4.14%3.16%12.81%11.72%4.16%1.89%0.72%-2.23%-1.44%-4.10%-29.09%
EBITDA45.37M59.16M93.45M107.79M92.64M124.39M193.18M214.82M192.61M290.05M261.60M194.00M208.05M242.96M193.57M321.75M498.99M472.45M546.56M482.30M326.71M329.95M197.90M-876.09M
EBITDA Margin12.43%13.57%17.46%16.32%14.79%15.92%13.82%14.85%15.75%16.41%14.34%13.72%16.26%20.61%13.16%18.19%19.97%12.18%11.11%10.29%7.40%8.04%4.24%-20.72%
Net Income23.03M32.98M35.12M40.02M8.88M12.67M33.61M29.09M51.35M122.01M100.39M41.96M60.03M97.55M38.27M117.92M238.33M139.31M72.38M69.99M-90.11M-62.26M-198.81M-1.26B
Net Income Margin6.31%7.57%6.56%6.06%1.42%1.62%2.40%2.01%4.20%6.90%5.50%2.97%4.69%8.28%2.60%6.67%9.54%3.59%1.47%1.49%-2.04%-1.52%-4.26%-29.89%
R&D---------19.49M24.31M55.75M52.65M60.73M65.44M67.53M86.61M104.37M102.27M117.02M126.41M91.80M92.29M91.34M
R&D as % of Total Revenue---------1.10%1.33%3.94%4.11%5.15%4.45%3.82%3.47%2.69%2.08%2.50%2.86%2.24%1.98%2.16%
Interest Expense9.65M10.83M8.80M12.46M20.89M31.56M54.82M92.93M43.63M62.74M51.43M58.11M55.02M48.47M32.98M40.75M42.92M66.54M125.82M113.05M90.63M63.65M71.37M88.61M
Interest Expense % of Total Revenue2.64%2.48%1.64%1.89%3.33%4.04%3.92%6.42%3.57%3.55%2.82%4.11%4.30%4.11%2.24%2.30%1.72%1.72%2.56%2.41%2.05%1.55%1.53%2.10%

Balance Sheet

Currency: CNY2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Total Assets409.35M488.95M703.41M1.17B1.45B1.73B1.85B2.22B1.98B2.07B2.01B2.05B2.09B2.98B3.00B6.70B6.78B9.48B8.89B9.20B8.25B7.39B7.59B7.41B
Total Liabilities242.81M294.68M474.45M596.03M877.26M1.13B1.22B1.58B1.29B1.27B1.12B1.12B1.11B897.90M914.34M2.35B2.07B4.26B3.78B3.93B2.98B2.79B3.08B3.89B
Total Equity157.39M184.63M218.87M564.31M557.25M578.32M617.35M637.51M688.87M801.10M886.81M920.63M976.42M2.02B2.04B4.29B4.50B4.83B4.72B5.01B5.03B4.57B4.46B3.48B
Cash12.60M23.80M59.02M144.39M217.29M338.84M277.13M758.06M357.96M318.67M331.55M354.02M326.18M642.94M606.66M2.34B1.55B2.03B1.85B2.21B1.04B974.94M812.88M922.38M
Total Debt145.37M160.22M320.03M347.92M461.34M505.00M635.78M531.83M737.83M657.33M707.73M531.89M794.76M585.66M598.94M1.14B1.07B2.60B2.32B2.44B1.59B1.67B1.74B1.90B
Net Debt132.77M136.42M261.01M203.53M244.05M166.16M358.65M-226.23M379.87M338.66M376.18M177.87M468.58M-57.28M-7.72M-1.20B-487.66M566.48M470.57M228.50M547.86M695.32M930.37M980.48M

Cash Flow

Currency: CNY2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Operating Cash Flow--66.60M-15.64M57.89M74.13M44.85M165.55M57.03M285.94M238.03M286.17M184.31M165.07M193.74M199.61M-57.20M-66.27M433.40M109.27M136.99M233.09M248.44M12.78M
Investing Cash Flow---168.24M-210.46M-222.79M-124.32M-130.71M-30.41M-30.33M-100.84M2.36M-247.78M-115.23M-593.09M-234.27M-623.61M-670.28M-863.28M-259.88M-183.30M-185.95M-93.15M-339.33M-61.16M
Financing Cash Flow--136.85M311.47M237.79M171.74M24.16M345.10M-426.80M-224.39M-227.52M-15.91M-96.76M744.58M-35.83M2.03B-33.23M1.42B-378.58M404.99M-1.02B-179.72M-85.61M45.67M
Capital Expenditure00168.59M241.02M199.61M133.44M134.30M33.08M39.16M104.46M82.28M247.80M197.68M298.22M195.90M476.10M498.15M339.16M284.09M400.61M180.19M151.73M175.22M137.83M
Free Cash Flow---101.99M-256.66M-141.71M-59.31M-89.45M132.47M17.87M181.48M155.75M38.37M-13.38M-133.15M-2.16M-276.49M-555.35M-405.42M149.31M-291.34M-43.20M81.36M73.22M-125.05M
Dividends Paid--21.88M19.82M52.21M39.70M59.82M99.45M47.02M68.41M59.04M67.21M67.03M56.34M39.52M62.20M62.11M97.83M14.26M9.51M9.51M82.27M92.59M77.83M
FCF to OCF---153.15%1641.09%-244.78%-80.01%-199.45%80.02%31.34%63.47%65.43%13.41%-7.26%-80.66%-1.11%-138.51%970.83%611.82%34.45%-266.62%-31.53%34.90%29.47%-978.66%
Dividend Paid to FCF---21.45%-7.72%-36.84%-66.93%-66.88%75.07%263.05%37.70%37.91%175.16%-501.07%-42.32%-1831.57%-22.50%-11.18%-24.13%9.55%-3.26%-22.00%101.12%126.45%-62.24%

Earnings

Report DateMar 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, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Aug 23, 2014Oct 30, 2014Jan 31, 2015Apr 30, 2015Aug 21, 2015Oct 31, 2015Dec 31, 2015Apr 20, 2016Aug 25, 2016Oct 30, 2016Dec 31, 2016Apr 28, 2017Aug 30, 2017Oct 30, 2017Dec 31, 2017Apr 27, 2018Aug 31, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Aug 31, 2020Oct 31, 2020Dec 31, 2020Apr 30, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate-----------------------------------------------------
EPS Actual0.060.090.090.120.080.080.070.080.040.050.020.020.040.050.030.050.050.140.010.020.040.010.00-0.010.030.030.010.080.070.060.040.080.040.05-0.010.070.02-0.01-0.010.07-0.01-0.010.030.070.000.01-0.04-0.07-0.02-0.030.00-0.01-0.00
Surprise-----------------------------------------------------
Timing-----------------Pre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market-Pre-marketAfter-hoursPre-market-After-hoursAfter-hoursPre-market-After-hours--------------------

Key Statistics & Ratios

Market Cap6.32B
Enterprise Value7.27B
Trailing P/E0.00
Forward P/E29.24
Price / Sales2.17
Price / Book1.97
EPS-0.14
Book Value3.49
Revenue (TTM)2.91B
Gross Profit (TTM)335.80M
EBITDA181.44M
Profit Margin-4.71%
Operating Margin-1.38%
Return on Equity-4.01%
Return on Assets-0.30%
Shares Outstanding1.62B
Shares Float484.20M
Beta0.79
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20211×
0.01Jul 22, 2021
20201×
0.01Jul 17, 2020
20191×
0.01Jul 10, 2019
20181×
0.05Jul 17, 2018
20171×
0.03Jul 14, 2017
20161×
0.01Jul 6, 2016
20151×
0.03Apr 14, 2015
20141×
0.02Jul 1, 2014
20131×
0.02Jul 22, 2013
20121×
0.02Jun 14, 2012
20111×
0.05Jun 8, 2011
20101×
0.03Jul 12, 2010
20081×
0.03Jul 7, 2008
20061×
0.47Mar 28, 2006
20051×
0.05Jun 28, 2005

Stock Splits

  • Apr 14, 20158:5
  • Jul 22, 201313:10
  • Jul 7, 20083:2