60

Hefei Changqing Machinery Co Ltd

603768 · SHG · Consumer Cyclical / Auto Parts

10.22CNY-0.26 (-2.48%)

Price History

Full chart

Market Stats

Previous Close10.48
Open10.50
Day Range10.19 – 10.57
52-Week Range8.90 – 12.83
Volume1.64M
Market Cap2.89B
P/E (TTM)0.00
Forward P/E0.00
EPS-0.69
Dividend Yield0.00%
Beta0.32
50-Day Avg11.30
200-Day Avg11.27

About

Changqing Machinery Company Limited produces and sells stamping and welding parts for automobile parts in China. The company offers engine hood, right and left rear and front door, and other assemblies for passenger cars; commercial vehicle products, such as frames, bus chassis, long distance bus chassis, heavy truck front bulkhead inner panel assemblies, heavy truck cabs, and sides of heavy truck cabs; and shipping containers, energy storage containers and cabinets, power generation equipment, and photovoltaic inverter and data center containers; sheet metal enclosers, stamped box bodies, energy storage and roll press boxes, and cold stamping bottom guards and box lids. It also offers thermoformed door ring products, single and double door rings, and door knockers and thermoformed parts; and integrated die cast parts. The Company Limited was founded in 2004 and is based in Hefei, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Yinghong Wu
  • Employees4.64K
  • HeadquartersNo. 88, Mingtangshan Road, Hefei, China, 231200, China
  • Websitehttps://www.hfcqjx.com

Leadership

  • Mr. Yinghong WuGM & Chairman · b. 1968
  • Mr. Bin WangDirector of Finance & Accounting Supervisor · b. 1983
  • Mr. Kun LiuDeputy GM & Director · b. 1982
  • Mr. Fangming SongDeputy GM, Secretary of the Board & Director · b. 1982

Financials

Income Statement

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.17B1.32B1.39B1.14B1.49B1.92B1.87B1.83B2.30B3.01B3.16B3.25B3.41B3.53B
Growth (%)-+12.83%+4.92%-18.01%+31.26%+28.41%-2.19%-2.13%+25.22%+30.99%+5.13%+2.71%+4.93%+3.45%
Cost of Revenue893.32M995.07M1.08B874.88M1.11B1.57B1.56B1.54B1.95B2.65B2.72B2.79B2.93B3.11B
Gross Profit277.97M326.55M309.11M262.01M378.16M346.42M316.69M298.86M350.90M355.29M443.96M459.41M482.41M421.00M
Gross Margin23.73%24.71%22.29%23.05%25.34%18.08%16.90%16.29%15.28%11.81%14.04%14.14%14.15%11.94%
Operating Expense134.50M187.28M204.62M172.41M204.59M198.47M224.08M262.68M263.06M287.08M336.20M306.16M424.10M371.15M
Operating Income143.47M139.27M104.49M89.60M173.57M147.95M92.61M36.18M87.84M68.20M107.76M153.25M58.31M49.86M
Operating Margin12.25%10.54%7.54%7.88%11.63%7.72%4.94%1.97%3.82%2.27%3.41%4.72%1.71%1.41%
EBITDA148.80M229.52M223.22M214.97M299.58M312.07M272.50M251.33M322.78M297.59M357.61M437.08M374.93M177.55M
EBITDA Margin12.70%17.37%16.10%18.91%20.07%16.29%14.54%13.70%14.05%9.89%11.31%13.45%11.00%5.03%
Net Income92.26M122.49M88.31M77.17M148.37M127.23M78.27M24.52M75.17M59.41M96.45M131.63M68.16M-205.13M
Net Income Margin7.88%9.27%6.37%6.79%9.94%6.64%4.18%1.34%3.27%1.97%3.05%4.05%2.00%-5.82%
R&D41.65M42.40M40.48M34.43M43.69M53.30M49.60M53.18M60.87M79.46M92.65M109.98M140.38M116.05M
R&D as % of Total Revenue3.56%3.21%2.92%3.03%2.93%2.78%2.65%2.90%2.65%2.64%2.93%3.39%4.12%3.29%
Interest Expense-31.39M47.33M30.54M22.62M21.98M29.89M45.49M51.37M50.89M59.89M54.72M59.98M54.93M
Interest Expense % of Total Revenue-2.38%3.41%2.69%1.52%1.15%1.59%2.48%2.24%1.69%1.89%1.68%1.76%1.56%

Balance Sheet

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets887.24M1.19B1.14B1.20B1.53B2.50B2.92B3.68B3.62B3.86B4.20B4.90B5.87B6.02B
Total Liabilities555.64M737.20M623.16M606.28M787.18M840.91M1.23B1.99B1.86B2.06B2.32B2.91B3.44B3.83B
Total Equity331.60M454.09M520.40M597.57M745.93M1.66B1.70B1.70B1.76B1.80B1.89B2.00B2.43B2.19B
Cash15.20M88.22M7.49M82.22M49.42M634.45M581.84M344.58M485.65M275.61M225.09M367.79M762.18M471.55M
Total Debt362.90M470.00M390.00M413.90M395.00M390.00M630.90M900.56M853.38M1.01B1.11B2.11B1.49B-
Net Debt347.70M381.78M382.51M331.68M345.58M-244.45M49.06M555.98M367.73M730.79M882.86M1.74B732.59M1.11B

Cash Flow

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow45.57M-39.94M186.40M102.31M54.51M-7.74M-15.64M-158.34M-691.89K-21.34M-122.38M-31.35M-3.17M-180.78M
Investing Cash Flow-100.22M-35.42M-60.89M-42.18M-53.21M-175.02M-236.34M-412.34M296.76M-285.77M-195.46M-370.48M-259.13M-
Financing Cash Flow67.26M74.51M-134.38M-602.53K-38.14M758.93M178.06M207.41M-98.58M75.21M239.70M442.09M586.39M-
Capital Expenditure100.82M36.30M62.88M44.41M53.93M127.68M288.38M131.94M49.07M286.37M197.24M371.48M261.66M140.85M
Free Cash Flow-55.25M-76.24M123.52M57.90M585.88K-135.42M-304.02M-290.28M-49.76M-307.70M-319.61M-402.83M-264.83M-321.62M
Dividends Paid27.20M31.44M53.90M24.36M19.18M17.55M62.72M24.48M7.55M22.85M12.04M75.18M84.59M68.11M
FCF to OCF-121.26%190.90%66.27%56.59%1.07%1749.96%1943.97%183.33%7191.58%1442.00%261.17%1284.94%8361.89%177.91%
Dividend Paid to FCF-49.22%-41.24%43.64%42.08%3272.93%-12.96%-20.63%-8.43%-15.17%-7.43%-3.77%-18.66%-31.94%-21.18%

Earnings

Report DateApr 28, 2017Aug 30, 2017Oct 31, 2017Mar 28, 2018Apr 28, 2018Aug 30, 2018Oct 30, 2018Dec 31, 2018Apr 17, 2019Aug 29, 2019Oct 29, 2019Dec 31, 2019Apr 28, 2020Aug 28, 2020Oct 30, 2020Mar 31, 2021Apr 29, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate-------------------------
EPS Actual0.230.090.170.190.210.070.070.040.040.09-0.10-0.04-0.010.220.160.000.170.200.01-0.090.040.150.170.100.26
Surprise-------------------------
Timing-------------------------

Key Statistics & Ratios

Market Cap2.89B
Enterprise Value4.69B
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.75
Price / Book1.25
EPS-0.69
Book Value9.35
Revenue (TTM)3.84B
Gross Profit (TTM)364.84M
EBITDA272.62M
Profit Margin-4.32%
Operating Margin-1.50%
Return on Equity-7.20%
Return on Assets-0.80%
Shares Outstanding237.96M
Shares Float91.03M
Beta0.32
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20231×
0.10Jul 6, 2023
20221×
0.06Jul 15, 2022
20211×
0.11Jun 18, 2021
20201×
0.04Jul 17, 2020
20191×
0.12Jul 8, 2019
20181×
0.19Jun 13, 2018