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CITIC Heavy Industries Co Ltd

601608 · SHG · Industrials / Specialty Industrial Machinery

4.36CNY-0.06 (-1.36%)

Price History

Full chart

Market Stats

Previous Close4.42
Open4.42
Day Range4.34 – 4.46
52-Week Range4.33 – 8.48
Volume29.26M
Market Cap21.02B
P/E (TTM)57.38
Forward P/E0.00
EPS0.08
Dividend Yield0.71%
Beta0.53
50-Day Avg4.75
200-Day Avg5.92

About

CITIC Heavy Industries Co., Ltd. manufactures and sells heavy machinery in China and internationally. It operates in four segments: Mining and Heavy Equipment, Robotics and Intelligent Equipment, New Energy Equipment, and Special Materials. The company offers jaw crushers, hoist, gyratory and cone crushers, high pressure roller mill, vertical stirred mill, autogenous mill, semi-autogenous mill, ball mill, rod mill, vertical disc filter, anode furnace, and semi-mobile crushing station; rotary kiln, roller press, raw material vertical mill, equipment for new dry-cement production line, and slag grinding system; cantilever tunneling machine, vertical shaft, wind power rock-embedded drilling rig, and hard rock tunnel boring machine; and smelting anode, wide and thick plate rolling mill, steelmaking converter, pellet kiln, and straightening machine. It also provides vertical shaft drilling rig, multi-rope friction ground, electro-hydraulic transmission and control system, and double roll forming machine; steam turbine, dynamo, hydraulic ship lift, and fixed type gate hoist; and spare parts and technical services. In addition, it offers offshore wind power equipment, hydraulic pile hammer, catheter stent, and hydraulic pile driver operation; x-ray inspection system, container vehicle inspection, and series of high-resolution industrial CT; robots for emergency and special operations; and storage and transformation systems. The company exports its products. It serves mining, cement, and other processing industries. The company was formerly known as Luoyang Mining Machinery Factory and changed its name to CITIC Heavy Industries Co., Ltd. in January 1993. CITIC Heavy Industries Co., Ltd. was founded in 1956 and is headquartered in Luoyang, China. CITIC Heavy Industries Co., Ltd. operates as a subsidiary of CITIC Group Corporation.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOXiaoyan Liu
  • Employees7.25K
  • HeadquartersNo. 206, Jianshe Road, Luoyang, China, 471039, China
  • Websitehttps://citicheavyindustries.com

Leadership

  • Xiaoyan LiuHead of Accounting Department

Financials

Income Statement

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.68B6.51B6.98B7.24B5.08B5.29B4.02B3.77B4.62B5.20B5.24B6.32B7.55B8.83B9.56B8.03B8.08B
Growth (%)-+14.60%+7.23%+3.63%-29.75%+4.00%-23.94%-6.20%+22.52%+12.55%+0.76%+20.58%+19.50%+16.91%+8.26%-15.93%+0.61%
Cost of Revenue4.58B4.67B4.81B4.96B3.28B3.66B2.91B3.88B3.38B3.93B3.86B4.80B5.98B7.40B7.68B6.24B6.73B
Gross Profit1.10B1.84B2.23B2.28B1.80B1.62B1.11B-112.49M1.24B1.27B1.38B1.52B1.57B1.43B1.87B1.79B1.35B
Gross Margin19.43%28.25%31.94%31.50%35.45%30.71%27.50%-2.98%26.93%24.39%26.25%24.03%20.81%16.20%19.59%22.34%16.72%
Operating Expense649.30M1.01B1.25B1.32B1.38B1.36B1.06B1.51B1.15B1.09B1.23B1.35B1.37B1.31B1.48B1.38B941.17M
Operating Income454.68M831.68M975.39M954.54M422.63M267.01M42.48M-1.62B90.47M174.11M147.29M172.41M204.39M123.35M388.28M412.38M410.28M
Operating Margin8.00%12.77%13.97%13.19%8.31%5.05%1.06%-42.93%1.96%3.35%2.81%2.73%2.71%1.40%4.06%5.13%5.08%
EBITDA874.38M1.26B1.53B1.39B878.06M752.80M453.84M-1.17B450.80M531.91M529.41M602.93M439.55M268.01M639.93M625.11M730.52M
EBITDA Margin15.39%19.36%21.94%19.17%17.27%14.24%11.29%-31.01%9.76%10.23%10.10%9.54%5.82%3.04%6.70%7.78%9.04%
Net Income404.62M642.30M817.50M870.96M490.59M369.60M61.97M-1.58B31.32M106.16M116.90M195.13M226.60M145.57M383.60M374.55M375.46M
Net Income Margin7.12%9.86%11.71%12.04%9.65%6.99%1.54%-42.00%0.68%2.04%2.23%3.09%3.00%1.65%4.01%4.66%4.65%
R&D193.57M499.24M538.59M553.65M612.37M441.39M366.17M345.74M298.95M347.58M388.23M426.12M516.93M635.77M530.57M492.13M385.01M
R&D as % of Total Revenue3.41%7.67%7.71%7.65%12.05%8.35%9.11%9.17%6.47%6.68%7.41%6.74%6.85%7.20%5.55%6.13%4.76%
Interest Expense118.94M183.15M189.78M217.92M207.65M303.18M275.03M291.23M310.18M327.04M296.30M252.33M165.50M134.79M73.70M50.13M41.76M
Interest Expense % of Total Revenue2.09%2.81%2.72%3.01%4.09%5.74%6.84%7.72%6.71%6.29%5.65%3.99%2.19%1.53%0.77%0.62%0.52%

Balance Sheet

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets11.89B12.47B12.93B16.45B17.59B19.83B20.76B19.77B19.74B19.66B20.76B20.20B20.38B19.50B18.35B19.68B20.05B
Total Liabilities9.81B9.74B9.41B8.94B9.73B11.98B11.98B12.56B12.43B12.31B13.27B12.56B12.64B11.66B10.11B10.44B10.18B
Total Equity2.03B2.67B3.51B7.50B7.85B7.85B8.79B7.10B7.15B7.16B7.16B7.30B7.54B7.63B8.02B9.04B9.34B
Cash618.62M1.08B1.67B4.28B4.75B4.31B5.22B3.96B3.45B3.76B3.68B2.48B2.13B1.63B1.20B2.06B2.20B
Total Debt3.39B3.60B3.43B3.35B4.37B6.08B6.51B6.21B5.60B6.92B6.75B5.47B5.15B3.85B3.46B880.21M3.27B
Net Debt2.77B2.52B1.76B-922.03M-381.66M1.78B1.29B2.24B2.15B3.17B3.07B2.99B3.01B2.22B2.26B-1.18B1.07B

Cash Flow

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow849.52M653.00M-558.56M827.94M45.62M-262.98M55.59M-713.72M565.92M724.22M450.79M605.18M681.95M1.21B1.24B815.75M918.26M
Investing Cash Flow-2.12B-2.21B1.50B-1.30B-350.30M-942.00M174.89M-1.17B-245.04M294.58M-185.19M-279.26M-213.65M-165.28M-61.69M-340.12M-555.60M
Financing Cash Flow2.33B33.85M-350.13M3.07B702.07M827.86M730.11M512.19M-770.57M-768.77M-438.52M-1.66B-504.60M-1.49B-1.71B391.10M-244.18M
Capital Expenditure1.08B811.32M592.19M695.97M226.78M162.04M473.92M456.69M330.19M349.74M400.82M367.82M315.11M132.73M147.04M233.25M285.71M
Free Cash Flow-228.16M-158.32M-1.15B131.97M-181.16M-425.01M-418.33M-1.17B235.73M374.48M49.97M237.36M366.84M1.08B1.05B582.50M632.55M
Dividends Paid118.94M183.15M179.60M216.69M307.58M393.43M471.60M458.92M328.51M459.02M13.45M30.81M61.62M71.60M115.73M165.64M130.98M
FCF to OCF-26.86%-24.25%206.02%15.94%-397.13%161.62%-752.51%163.99%41.65%51.71%11.08%39.22%53.79%89.06%84.88%71.41%68.89%
Dividend Paid to FCF-52.13%-115.68%-15.61%164.19%-169.78%-92.57%-112.73%-39.21%139.36%122.58%26.92%12.98%16.80%6.63%10.99%28.44%20.71%

Earnings

Report DateSep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Mar 24, 2015Apr 27, 2015Aug 24, 2015Oct 23, 2015Mar 22, 2016Apr 27, 2016Aug 25, 2016Oct 28, 2016Mar 22, 2017Apr 28, 2017Jul 19, 2017Oct 25, 2017Mar 25, 2018Mar 31, 2018Aug 23, 2018Sep 30, 2018Mar 26, 2019Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Aug 25, 2020Oct 28, 2020Mar 23, 2021Apr 27, 2021Aug 26, 2021Oct 29, 2021Mar 24, 2022Apr 26, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate---------0.03---------------------------------
EPS Actual0.030.100.040.050.010.030.030.030.020.010.020.010.01-0.030.000.00-0.08-0.29-0.000.010.000.000.000.010.000.010.000.020.000.000.000.030.01-0.000.010.030.01-0.000.020.020.00-0.010.02
Surprise----------66.67%---------------------------------
Timing---------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hours---------------Pre-marketPre-market----

Key Statistics & Ratios

Market Cap21.02B
Enterprise Value20.14B
Trailing P/E57.38
Forward P/E0.00
Price / Sales2.58
Price / Book2.25
EPS0.08
Book Value2.05
Revenue (TTM)8.15B
Gross Profit (TTM)1.42B
EBITDA784.88M
Profit Margin4.68%
Operating Margin4.69%
Return on Equity3.92%
Return on Assets1.49%
Shares Outstanding4.58B
Shares Float1.81B
Beta0.53
Dividend Yield0.71%
Dividend Rate0.03
Payout Ratio34.33%

Dividends

20231×
0.01Aug 15, 2023
20221×
0.02Aug 18, 2022
20211×
0.01Aug 5, 2021
20201×
0.01Aug 20, 2020
20191×
0.00Aug 20, 2019
20181×
0.01Aug 20, 2018
20161×
0.02Aug 23, 2016
20151×
0.07Aug 25, 2015
20141×
0.04Jul 2, 2014
20131×
0.04Aug 16, 2013

Stock Splits

  • Aug 25, 20153:2