68

Ningbo PIA Automation Holding Corp. A

688306 · SHG · Consumer Cyclical / Auto Parts

9.57CNY-0.22 (-2.25%)

Price History

Full chart

Market Stats

Previous Close9.79
Open9.81
Day Range9.50 – 10.09
52-Week Range8.09 – 14.43
Volume22.71M
Market Cap12.14B
P/E (TTM)988.00
Forward P/E0.00
EPS0.01
Dividend Yield0.08%
Beta0.51
50-Day Avg8.99
200-Day Avg9.78

About

Ningbo PIA Automation Holding Corp. engages in the research and development, production, sale, and service of assembly and testing, intelligent manufacturing equipment, industrial robots, and industrial digital intelligent software in China and internationally. The company offers advanced driver assistance system, components, electric drive, powertrain, and car safety products; and various services, including cell/module pack assembly, fuel cell assembly, component assembly, component handling, and battery recycling services. It also provides PIAmeditec Platform, an automation solution for the medical industry; Meditec Standard System; Meditec Standard Modules, including flexible process, semi-automatic, as well as rotary indexing, longitudinal transfer, meditest inspection system; Tray and palletizer; and Industry 4.0 Digital Solutions. In addition, the company offers robot products comprising P-Bot 2.0, Full-size interactive service robot; I-Bot 1.0, a mobil robot for industry/research; I-Bot 2.0, a mobile robot for industrial use; and A-Bot, a small agile robot. Further, it provides commercial products; and customer service system and digital services. The company was incorporated in 2017 and is headquartered in Ningbo, the People's Republic of China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Shilai Xie
  • Employees1.74K
  • HeadquartersBuilding 1, Building 4, Ningbo, China, 315040, China
  • Websitehttps://www.piagroup.cn

Leadership

  • Mr. Shilai XieCEO & Director · b. 1975
  • Ms. Ran TaoChief Financial Officer · b. 1990
  • Mr. Thomas ErnstChief Sales & Technical Officer · b. 1974
  • Mr. Jun ChaiSecretary to the Board · b. 1985
  • Mr. Hao Yong HuangAssistant General Manager of Core Technician · b. 1978
  • Mr. Jian LuAssistant General Manager of Core Technician · b. 1981
  • Jia Ming MaAccounting Supervisor

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.19B1.69B2.14B2.00B2.10B2.66B2.56B
Growth (%)--23.08%+26.85%-6.75%+5.03%+27.00%-3.83%
Cost of Revenue1.68B1.32B1.75B1.57B1.75B2.15B2.00B
Gross Profit509.68M362.07M392.84M426.89M350.23M511.74M561.87M
Gross Margin23.24%21.46%18.36%21.39%16.71%19.23%21.95%
Operating Expense328.14M317.02M338.56M328.82M416.34M368.66M460.01M
Operating Income181.54M45.05M54.29M98.07M-66.11M143.09M101.85M
Operating Margin8.28%2.67%2.54%4.92%-3.15%5.38%3.98%
EBITDA240.99M35.22M170.01M165.39M-138.91M165.73M160.29M
EBITDA Margin10.99%2.09%7.95%8.29%-6.63%6.23%6.26%
Net Income89.24M-53.83M43.18M42.28M-206.11M8.20M12.22M
Net Income Margin4.07%-3.19%2.02%2.12%-9.83%0.31%0.48%
R&D60.28M49.61M80.52M76.11M77.97M53.76M67.27M
R&D as % of Total Revenue2.75%2.94%3.76%3.81%3.72%2.02%2.63%
Interest Expense35.64M37.04M49.29M50.78M63.26M60.60M49.78M
Interest Expense % of Total Revenue1.63%2.20%2.30%2.54%3.02%2.28%1.94%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.67B3.70B3.41B4.81B5.16B4.67B4.72B
Total Liabilities3.11B3.18B2.93B2.82B3.33B2.92B2.87B
Total Equity560.05M519.88M478.24M1.99B1.83B1.76B1.85B
Cash521.11M331.03M336.23M672.34M776.99M637.36M643.88M
Net Debt978.14M1.09B950.38M257.21M131.86M-303.08M

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow39.36M-122.13M42.61M-229.59M254.75M135.87M80.45M
Capital Expenditure108.85M30.53M13.57M157.16M123.89M111.60M71.90M
Free Cash Flow-69.49M-152.66M29.04M-386.75M130.85M24.28M8.55M
Dividends Paid34.68M37.52M44.61M51.01M64.16M60.61M56.15M
FCF to OCF-176.56%125.00%68.15%168.45%51.37%17.87%10.63%
Dividend Paid to FCF-49.90%-24.58%153.63%-13.19%49.03%249.68%656.85%

Earnings

Report DateMar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate-----
EPS Actual0.030.010.01-0.02-0.04
Surprise-----
Timing-----

Key Statistics & Ratios

Market Cap12.14B
Enterprise Value12.71B
Trailing P/E988.00
Forward P/E0.00
Price / Sales4.40
Price / Book7.06
EPS0.01
Book Value1.42
Revenue (TTM)2.76B
Gross Profit (TTM)552.52M
EBITDA83.55M
Profit Margin0.52%
Operating Margin4.17%
Return on Equity0.82%
Return on Assets0.63%
Shares Outstanding1.23B
Shares Float404.80M
Beta0.51
Dividend Yield0.08%
Dividend Rate0.01
Payout Ratio80.00%

Dividends

20261×
0.01Jun 12, 2026