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China National Electric Apparatus R

688128 · SHG · Industrials / Electrical Equipment & Parts

22.61CNY-0.27 (-1.18%)

Price History

Full chart

Market Stats

Previous Close22.88
Open22.89
Day Range22.44 – 23.23
52-Week Range20.40 – 38.29
Volume2.07M
Market Cap8.95B
P/E (TTM)16.64
Forward P/E0.00
EPS1.33
Dividend Yield2.49%
Beta0.53
50-Day Avg22.01
200-Day Avg26.03

About

China National Electric Apparatus Research Institute Co., Ltd. provides solutions in the fields of quality and technology services, intelligent equipment, environmental-friendly coatings, and polyester resins in China and internationally. It operates through Complete Equipment; Electrical Equipment; Quality and Technical Service; and Environmental Protection Coatings and Resins segments. The company offers quality and technical services, including product testing and certification, management system certification, standard formulation and revision, metrology and calibration, proficiency testing, laboratory establishment, training, product inspection, factory audit, risk analysis, research and development support, and technical consultancy services in the areas of smart homes, smart cars, energy equipment, and healthcare services. It also provides intelligent home appliance factory one-stop solutions, generator excitation systems, automatic testing systems of new energy battery, power electronics equipment, AS/RS and logistics, and intelligent equipment for automobiles. In addition, the company offers polyester resins, and powder and liquid coatings. Further, it provides quality, home appliance industry, power electronics, cars and motorbikes, and green coatings of industrial products solutions; and technical services. The company was formerly known as Guangzhou Electric Apparatus of the First Ministry of Machine Industry of the PRC. China National Electric Apparatus Research Institute Co., Ltd. was founded in 1958 and is headquartered in Guangzhou, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Baojin Han
  • Employees3.13K
  • HeadquartersBuilding 1, Guangzhou, China, 510399, China
  • Websitehttps://www.cei1958.com

Leadership

  • Mr. Baojin HanChief Financial Officer · b. 1971
  • Ms. Liu WangDeputy GM & Board Secretary · b. 1980

Financials

Income Statement

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.58B1.94B2.60B2.75B2.52B3.41B3.79B4.17B4.52B4.77B
Growth (%)-+22.85%+33.74%+5.95%-8.46%+35.24%+11.36%+9.97%+8.39%+5.38%
Cost of Revenue1.11B1.37B1.83B1.85B1.73B2.48B2.72B2.93B3.08B3.14B
Gross Profit474.29M569.25M770.53M902.19M793.72M930.90M1.08B1.24B1.45B4.77B
Gross Margin30.00%29.31%29.66%32.78%31.50%27.32%28.43%29.71%31.99%100.00%
Operating Expense382.68M440.62M543.93M621.79M487.45M584.56M698.44M785.48M945.63M4.17B
Operating Income91.61M128.64M226.60M280.40M306.26M346.34M380.45M454.28M501.21M591.63M
Operating Margin5.79%6.62%8.72%10.19%12.16%10.16%10.03%10.89%11.08%12.41%
EBITDA85.46M146.37M268.31M308.18M302.25M334.62M386.43M495.67M555.06M719.63M
EBITDA Margin5.41%7.54%10.33%11.20%12.00%9.82%10.18%11.88%12.27%15.10%
Net Income131.00M111.90M206.91M252.17M282.71M315.06M363.31M410.09M467.05M532.63M
Net Income Margin8.29%5.76%7.96%9.16%11.22%9.25%9.57%9.83%10.33%11.18%
R&D141.35M162.07M199.24M214.48M208.92M247.19M287.51M323.02M358.45M405.73M
R&D as % of Total Revenue8.94%8.34%7.67%7.79%8.29%7.25%7.58%7.74%7.93%8.51%
Interest Expense9.05M04.59M5.61M5.09M9.60M12.20M7.17M7.75M4.13M
Interest Expense % of Total Revenue0.57%0.00%0.18%0.20%0.20%0.28%0.32%0.17%0.17%0.09%

Balance Sheet

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.81B2.39B2.64B3.54B3.99B4.85B6.25B7.38B7.41B8.42B
Total Liabilities1.43B1.39B1.60B1.38B1.68B2.39B3.57B4.43B4.16B-3.44B
Total Equity374.53M986.57M1.02B2.13B2.30B2.44B2.66B2.92B3.22B3.44B
Cash199.12M343.33M321.23M678.02M733.58M535.10M913.20M822.55M977.43M1.18B
Total Debt160.00M302.70K7.30M25.42M28.70M558.05M181.52M133.68M93.30M-
Net Debt-39.12M-343.03M-313.93M-652.59M-704.88M-410.94M-784.98M-688.87M-884.13M-

Cash Flow

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow160.20M135.88M174.10M445.85M380.86M108.11M705.59M400.05M528.40M1.21B
Investing Cash Flow-84.33M-78.33M-128.37M-846.36M-206.02M-136.16M-168.43M-294.11M-162.20M-
Financing Cash Flow-122.22M97.98M-85.12M779.75M-123.42M-150.25M-168.50M-204.20M-215.17M-
Capital Expenditure66.40M63.31M83.67M156.79M162.22M146.64M182.06M243.32M213.68M292.45M
Free Cash Flow93.80M72.58M90.43M289.06M218.64M-38.53M523.53M156.73M314.72M920.90M
Dividends Paid122.71M263.53M92.12M44.73M121.35M121.35M142.72M162.55M182.45M202.73M
FCF to OCF58.55%53.41%51.94%64.83%57.41%-35.64%74.20%39.18%59.56%75.90%
Dividend Paid to FCF130.82%363.09%101.88%15.47%55.50%-314.95%27.26%103.71%57.97%22.01%

Earnings

Report DateFeb 24, 2020Apr 28, 2020Aug 24, 2020Oct 27, 2020Dec 31, 2020Apr 27, 2021Aug 23, 2021Oct 29, 2021Feb 23, 2022Apr 25, 2022Aug 22, 2022Oct 28, 2022Feb 7, 2023Apr 24, 2023
EPS Estimate--------------
EPS Actual0.200.100.220.170.210.120.270.210.190.120.290.220.260.15
Surprise--------------
TimingPre-marketAfter-hoursAfter-hoursPre-market-Pre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap8.95B
Enterprise Value8.22B
Trailing P/E16.64
Forward P/E0.00
Price / Sales1.82
Price / Book2.51
EPS1.33
Book Value8.89
Revenue (TTM)4.92B
Gross Profit (TTM)1.60B
EBITDA693.35M
Profit Margin10.98%
Operating Margin11.50%
Return on Equity15.68%
Return on Assets4.31%
Shares Outstanding404.50M
Shares Float85.15M
Beta0.53
Dividend Yield2.49%
Dividend Rate0.55
Payout Ratio41.35%

Dividends

20231×
0.40Jun 13, 2023
20221×
0.35Jun 28, 2022
20211×
0.30Jun 23, 2021
20201×
0.30Jun 10, 2020