YOLFTbeta
60

Hongsheng Heat Exchanger Mnfg

603090 · SHG · Industrials / Specialty Industrial Machinery

29.59CNY-1.02 (-3.33%)

Price History

Full chart

Market Stats

Previous Close30.61
Open30.86
Day Range29.35 – 31.41
52-Week Range32.05 – 99.01
Volume1.73M
Market Cap3.68B
P/E (TTM)55.83
Forward P/E0.00
EPS0.66
Dividend Yield0.81%
Beta1.03
50-Day Avg38.78
200-Day Avg58.96

About

Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd. engages in the research and development, design, production, and sales of heat exchangers and related products in China and internationally. It offers aluminum plate-fin heat exchangers and thermal management systems. The company also provides power lithium battery pack for energy storage systems for power, construction machinery, special trucks, and mining machinery markets. It exports its products to the United States, South Korea, the European Union, and India. The company's products are used in off-highway, hydraulic system, compressor, train, power generation, agriculture, automotive, and other fields. The company was founded in 2000 and is based in Wuxi, China.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Lixin Wang
  • Employees965
  • HeadquartersNo. 8 Liangkang Road, Wuxi, China, 214092, China
  • Websitehttps://www.hs-exchanger.com

Leadership

  • Mr. Lixin WangGM & Director · b. 1982
  • Mr. Shaoping GongSecretary of the Board of Directors & CFO · b. 1971
  • Ms. Li Na YaoAccounting Supervisor · b. 1985
  • Mr. Jian LiuSales Director · b. 1985
  • Mr. Rongfei XuChief Engineer & Employee Director · b. 1974

Financials

Income Statement

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue233.01M215.55M206.40M229.98M237.04M229.94M367.95M415.14M490.76M325.15M559.32M714.27M695.93M713.04M763.84M
Growth (%)--7.49%-4.25%+11.43%+3.07%-2.99%+60.02%+12.83%+18.22%-33.75%+72.02%+27.70%-2.57%+2.46%+7.13%
Cost of Revenue167.96M142.44M138.59M156.07M161.77M147.01M274.27M304.39M369.36M245.93M464.09M577.62M532.97M538.42M567.67M
Gross Profit65.05M73.11M67.80M73.91M75.27M82.93M93.68M110.75M121.40M79.22M95.23M136.65M162.95M174.61M196.17M
Gross Margin27.92%33.92%32.85%32.14%31.75%36.07%25.46%26.68%24.74%24.36%17.03%19.13%23.42%24.49%25.68%
Operating Expense36.97M30.57M32.85M36.32M33.75M37.93M66.06M71.57M84.99M69.49M82.91M72.40M92.03M113.67M113.12M
Operating Income28.08M42.53M34.95M37.59M41.52M45.00M27.62M39.18M36.41M9.73M12.32M64.25M70.92M60.95M83.05M
Operating Margin12.05%19.73%16.93%16.35%17.51%19.57%7.51%9.44%7.42%2.99%2.20%8.99%10.19%8.55%10.87%
EBITDA31.26M48.82M46.78M45.63M49.50M61.94M40.39M52.38M54.57M30.85M34.21M87.41M94.62M85.21M125.13M
EBITDA Margin13.41%22.65%22.66%19.84%20.88%26.94%10.98%12.62%11.12%9.49%6.12%12.24%13.60%11.95%16.38%
Net Income24.32M38.32M36.16M34.88M36.86M39.85M24.55M32.62M31.03M6.54M14.66M53.39M53.78M49.36M82.39M
Net Income Margin10.44%17.78%17.52%15.17%15.55%17.33%6.67%7.86%6.32%2.01%2.62%7.47%7.73%6.92%10.79%
R&D7.96M8.94M8.96M9.84M12.19M13.50M15.95M20.84M20.66M22.77M24.76M28.23M3.10B33.15M33.61M
R&D as % of Total Revenue3.42%4.15%4.34%4.28%5.14%5.87%4.34%5.02%4.21%7.00%4.43%3.95%445.87%4.65%4.40%
Interest Expense3.71M0111.97K135.37K162.40K8.67M88.37K248.20K2.77M2.87M2.32M3.53M3.92M4.31M3.80M
Interest Expense % of Total Revenue1.59%0.00%0.05%0.06%0.07%3.77%0.02%0.06%0.56%0.88%0.41%0.49%0.56%0.61%0.50%

Balance Sheet

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets202.39M220.91M247.75M297.33M296.71M517.97M600.70M663.83M750.60M698.10M768.67M861.26M819.51M879.51M942.24M
Total Liabilities72.81M53.02M43.69M66.74M57.53M64.67M135.59M175.13M239.32M188.98M241.33M312.17M243.44M284.42M308.60M
Total Equity129.58M167.90M204.06M230.58M239.19M453.30M458.48M480.50M501.54M497.94M512.58M536.00M559.75M578.49M633.04M
Cash74.24M59.36M67.26M94.31M84.57M146.45M114.06M49.67M76.40M122.49M94.96M120.63M162.90M172.99M117.14M
Total Debt20.00M---14.50M11.50M17.11M27.00M91.50M43.05M63.07M104.55M118.84M107.50M-
Net Debt-54.24M-59.36M-67.26M-94.31M-70.07M-134.95M-96.95M-22.67M15.10M-79.43M-31.89M-16.08M-44.06M-65.49M-

Cash Flow

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow18.56M35.07M30.34M32.04M33.62M46.24M11.59M26.87M26.13M46.57M-52.75M15.94M111.68M103.99M101.81M
Investing Cash Flow-14.42M-33.37M-19.39M-11.62M-25.64M-148.09M-13.56M-71.21M-61.48M67.90M-7.56M-15.92M-20.56M-42.62M-
Financing Cash Flow54.32M-26.36M-1.45M-9.55M-30.28M177.22M-32.69M-29.75M79.14M-61.16M17.97M7.73M-19.38M-62.52M-
Capital Expenditure9.45M33.37M19.40M8.57M8.35M31.52M46.25M42.92M33.13M24.61M26.94M15.72M21.01M28.80M75.42M
Free Cash Flow9.10M1.70M10.94M23.47M25.27M14.72M-34.66M-16.06M-7.00M21.96M-79.69M215.90K90.67M75.19M26.39M
Dividends Paid19.53M4.10M-7.50M30.00M7.50M20.09M10.00M10.00M10.00M2.03M30.00M33.46M33.09M32.88M
FCF to OCF49.06%4.85%36.07%73.26%75.16%31.84%-298.99%-59.76%-26.80%47.16%151.06%1.35%81.19%72.30%25.92%
Dividend Paid to FCF214.54%241.30%-31.95%118.71%50.94%-57.97%-62.28%-142.82%45.53%-2.54%13895.45%36.91%44.02%124.58%

Earnings

Report DateSep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Aug 28, 2020Oct 30, 2020Mar 31, 2021Apr 30, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate---------------------------
EPS Actual0.100.110.070.090.060.030.040.110.100.070.040.130.090.050.020.100.04-0.100.030.050.08-0.010.030.120.240.140.16
Surprise---------------------------
Timing---------------------------

Key Statistics & Ratios

Market Cap3.68B
Enterprise Value3.92B
Trailing P/E55.83
Forward P/E0.00
Price / Sales4.36
Price / Book6.16
EPS0.66
Book Value6.35
Revenue (TTM)845.07M
Gross Profit (TTM)211.80M
EBITDA103.98M
Profit Margin7.92%
Operating Margin8.93%
Return on Equity10.45%
Return on Assets5.16%
Shares Outstanding100.00M
Shares Float49.62M
Beta1.03
Dividend Yield0.81%
Dividend Rate0.30
Payout Ratio45.45%

Dividends

20231×
0.30May 29, 2023
20221×
0.30May 26, 2022
20201×
0.10May 22, 2020
20191×
0.10May 14, 2019
20181×
0.10Jun 21, 2018
20171×
0.20Apr 27, 2017