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Hangzhou Advance Gearbox Group Co Ltd

601177 · SHG · Industrials / Specialty Industrial Machinery

13.61CNY-0.15 (-1.09%)

Price History

Full chart

Market Stats

Previous Close13.76
Open13.99
Day Range13.45 – 14.20
52-Week Range11.68 – 18.68
Volume9.34M
Market Cap5.65B
P/E (TTM)19.79
Forward P/E35.59
EPS0.70
Dividend Yield0.51%
Beta0.47
50-Day Avg13.37
200-Day Avg15.10

About

Hangzhou Advance Gearbox Group Co., Ltd., together with its subsidiaries, designs, manufactures, and sells transmission and powder metallurgical products in China and internationally. The company offers marine products comprising marine gearboxes, hydraulic clutches, clutch gearboxes, controllable pitch propellers, fixed pitch propellers, tunnel thrusters, and azimuth thrusters; marine propulsion complete system products consisting of controllable pitch propellers, fixed pitch propellers, tunnel thrusters, and azimuth thrusters; wind turbine gearboxes; and construction transmission products, such as transmissions, torque converters, axles, transfer cases, and other transmission devices. It also provides automotive transmissions; industrial transmission products, including general industrial gearboxes, heavy-duty gearboxes, high-speed gearboxes, custom non-standard gearboxes, and system assemblies; agricultural transmissions; construction machinery gearboxes; wind turbine speed increasers; agricultural machinery gearboxes; rail transit drivetrains; and special products. In addition, the company offers high-precision parts and components, such as copper-based, iron-based, paper-based, and carbon-based friction materials, as well as high-strength powder metallurgy structural components. Further, it engages in the provision of engineering machinery transmissions, wind power gearboxes, friction plates, large-scale precision gears, highway and off-highway axles, clutches, couplings, motors, powder metallurgy parts, precision gears, and machinery equipment; technology development and technical services; sale of diesel engines and lubricating oils; warehousing services; and import and export activities. The company sells its products under the ADVANCE brand. It exports its products to Southeast Asia, Europe, and the Middle East. Hangzhou Advance Gearbox Group Co., Ltd. was founded in 1960 and is headquartered in Hangzhou, China.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Huan Hui Zhou
  • Employees2.49K
  • HeadquartersNo. 45, Xiaojin Road, Hangzhou, China, 311203, China
  • Websitehttps://www.chinaadvance.com

Leadership

  • Mr. Huan Hui ZhouGM & Director · b. 1980
  • Mr. Beida ZhangFinancial Officer & Accounting Supervisor · b. 1986
  • Mr. De Jun ZhangSecretary of the Board of Directors & Director · b. 1972

Financials

Income Statement

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.43B1.77B1.80B2.21B2.37B1.68B1.85B1.77B1.50B1.54B1.66B1.63B1.65B1.92B2.14B2.20B1.88B2.30B2.40B
Growth (%)-+23.60%+1.54%+23.09%+7.33%-29.13%+10.06%-4.55%-15.33%+3.23%+7.46%-1.42%+1.09%+16.07%+11.55%+2.62%-14.28%+22.22%+4.29%
Cost of Revenue1.15B1.40B1.39B1.67B1.82B1.32B1.52B1.44B1.29B1.26B1.30B1.27B1.34B1.56B1.72B1.74B1.48B1.90B1.94B
Gross Profit279.93M369.88M407.25M541.78M552.79M358.59M328.25M328.41M208.64M280.27M356.61M362.31M311.45M359.70M418.03M460.61M407.53M398.12M463.19M
Gross Margin19.57%20.92%22.69%24.52%23.31%21.34%17.74%18.60%13.96%18.16%21.50%22.16%18.84%18.75%19.53%20.97%21.65%17.30%19.30%
Operating Expense179.39M290.08M307.47M340.99M389.45M295.20M331.41M386.35M348.53M287.84M324.14M330.06M273.43M204.82M215.68M239.28M186.19M153.40M335.41M
Operating Income100.54M79.80M99.78M200.79M163.34M63.39M-3.16M-57.95M-139.89M-7.57M32.47M32.25M38.02M154.88M202.36M221.33M221.33M244.71M127.78M
Operating Margin7.03%4.51%5.56%9.09%6.89%3.77%-0.17%-3.28%-9.36%-0.49%1.96%1.97%2.30%8.07%9.46%10.08%11.76%10.64%5.33%
EBITDA147.81M161.29M189.58M276.96M309.92M183.00M177.15M130.37M27.70M62.48M98.01M93.73M79.44M140.01M148.56M191.83M151.71M143.07M390.50M
EBITDA Margin10.33%9.12%10.56%12.53%13.07%10.89%9.58%7.38%1.85%4.05%5.91%5.73%4.81%7.30%6.94%8.74%8.06%6.22%16.27%
Net Income51.42M75.15M85.23M129.19M149.28M68.55M22.99M20.25M-119.92M7.30M10.61M14.51M19.73M83.91M149.96M209.39M211.46M240.82M253.53M
Net Income Margin3.59%4.25%4.75%5.85%6.29%4.08%1.24%1.15%-8.02%0.47%0.64%0.89%1.19%4.37%7.01%9.53%11.23%10.47%10.57%
R&D5.50M19.72M35.21M57.37M79.99M70.63M87.34M79.77M85.33M89.40M88.52M93.54M96.09M95.84M106.57M132.17M122.95M122.34M137.11M
R&D as % of Total Revenue0.38%1.12%1.96%2.60%3.37%4.20%4.72%4.52%5.71%5.79%5.34%5.72%5.81%5.00%4.98%6.02%6.53%5.32%5.71%
Interest Expense27.83M37.12M27.19M28.11M27.17M39.02M37.14M64.81M70.39M66.58M68.58M68.20M63.01M48.49M41.91M39.76M35.51M34.28M26.30M
Interest Expense % of Total Revenue1.95%2.10%1.51%1.27%1.15%2.32%2.01%3.67%4.71%4.31%4.14%4.17%3.81%2.53%1.96%1.81%1.89%1.49%1.10%

Balance Sheet

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.72B2.21B2.38B3.26B3.62B3.27B3.76B3.92B3.98B3.85B3.79B3.82B3.88B4.02B4.60B4.44B4.78B4.97B5.35B
Total Liabilities1.19B1.63B1.63B1.55B1.75B1.43B1.91B2.08B2.25B2.12B2.05B2.05B2.07B2.13B2.57B2.22B2.36B2.22B2.41B
Total Equity416.28M450.04M597.95M1.53B1.67B1.71B1.72B1.74B1.62B1.61B1.61B1.63B1.65B1.72B1.94B2.13B2.34B2.66B2.84B
Cash109.68M231.45M241.68M659.29M377.47M209.04M193.13M169.71M168.50M163.51M198.83M195.26M271.28M414.82M508.87M426.61M353.02M399.25M475.13M
Total Debt448.28M615.42M601.46M301.18M509.56M383.30M790.50M1.12B787.64M1.06B1.20B1.15B1.21B1.02B1.04B1.06B999.44M806.53M-
Net Debt338.61M383.97M359.78M-358.10M132.10M174.26M597.37M950.84M619.14M892.75M1.00B957.97M936.64M608.91M529.87M637.17M646.42M407.28M402.23M

Cash Flow

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow125.46M203.63M156.93M279.10M23.82M67.31M139.05M152.53M-93.09M35.98M189.66M124.51M132.22M410.41M162.45M-15.20M57.37M80.97M302.27M
Investing Cash Flow-197.37M-226.91M-208.91M-567.68M-255.91M-301.07M-618.13M-136.75M-45.02M53.85M19.81M-24.23M-9.07M-4.70M-42.87M-7.31M-85.98M45.30M-
Financing Cash Flow62.95M84.07M55.61M475.46M166.36M112.80M475.46M-43.27M98.63M-100.80M-137.54M-142.56M-25.12M-263.71M-71.25M-31.46M-59.11M-48.69M-
Capital Expenditure203.51M239.17M240.68M343.08M498.34M312.60M96.29M144.39M100.03M56.86M24.05M29.74M29.58M31.09M20.48M59.76M46.31M53.12M53.45M
Free Cash Flow-78.05M-35.55M-83.75M-63.98M-474.52M-245.28M42.75M8.15M-193.11M-20.87M165.61M94.77M102.64M379.31M141.97M-74.96M11.07M27.84M248.82M
Dividends Paid47.37M88.99M48.84M28.08M24.72M75.92M39.40M66.11M65.78M70.51M81.40M70.08M8.00M8.00M8.00M8.80M68.44M52.61M53.98M
FCF to OCF-62.21%-17.46%-53.37%-22.93%-1992.01%-364.39%30.75%5.34%207.46%-58.00%87.32%76.12%77.63%92.42%87.39%493.12%19.29%34.39%82.32%
Dividend Paid to FCF-60.69%-250.37%-58.32%-43.89%-5.21%-30.95%92.14%811.46%-34.06%-337.80%49.15%73.95%7.80%2.11%5.64%-11.74%618.45%188.96%21.69%

Earnings

Report DateDec 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, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Aug 24, 2016Oct 26, 2016Dec 31, 2016Apr 26, 2017Aug 22, 2017Oct 27, 2017Dec 31, 2017Apr 10, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Aug 11, 2020Oct 27, 2020Dec 31, 2020Apr 27, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate--------------------------------------------------
EPS Actual0.060.100.120.080.070.070.080.000.010.020.010.03-0.010.020.030.00-0.000.010.01-0.10-0.230.020.00-0.010.000.010.010.000.010.010.010.010.010.020.010.010.010.010.110.070.020.130.140.08-0.000.120.130.110.160.16
Surprise--------------------------------------------------
Timing----------------------Pre-marketAfter-hours-Pre-marketPre-marketPre-market-Pre-market--------------------

Key Statistics & Ratios

Market Cap5.65B
Enterprise Value6.12B
Trailing P/E19.79
Forward P/E35.59
Price / Sales2.24
Price / Book1.87
EPS0.70
Book Value7.35
Revenue (TTM)2.52B
Gross Profit (TTM)472.88M
EBITDA167.01M
Profit Margin11.30%
Operating Margin5.91%
Return on Equity10.04%
Return on Assets0.92%
Shares Outstanding407.71M
Shares Float226.24M
Beta0.47
Dividend Yield0.51%
Dividend Rate0.07
Payout Ratio18.52%

Dividends

20231×
0.07Jul 7, 2023
20221×
0.02Aug 5, 2022
20211×
0.02Jun 30, 2021
20201×
0.02Jul 3, 2020
20191×
0.02Jun 19, 2019
20181×
0.02Jun 29, 2018
20171×
0.02Jun 21, 2017
20151×
0.02Jun 25, 2015
20141×
0.02Jun 25, 2014
20131×
0.02Jun 3, 2013
20121×
0.09Jun 7, 2012