XHKG1809
Market cap603mUSD
Dec 23, Last price
7.36HKD
1D
4.25%
1Q
-11.54%
IPO
38.87%
Name
Prinx Chengshan Holdings Ltd
Chart & Performance
P/E
4.26
P/S
0.44
EPS
1.62
Div Yield, %
2.38%
Shrs. gr., 5y
3.69%
Rev. gr., 5y
13.83%
Revenues
9.95b
+22.04%
Net income
1.03b
+162.43%
CFO
997m
+23.76%
Dividend
Sep 23, 20240.15 HKD/sh
Earnings
Mar 26, 2025
Profile
Prinx Chengshan Holdings Limited, an investment holding company, together with its subsidiaries, designs, manufactures, trades in, and distributes tires in the People's Republic of China, Thailand, rest of Asia, the Americas, Africa, the Middle East, and internationally. The company offers steel radial, semi-steel radial, and bias tires used in light and pick-up trucks, buses, mixed road or off-road vehicles, passenger vehicles, sport utility vehicles, and agricultural and industrial off-road vehicles under the Prinx, ChengShan, Austone, and Fortune brand names. It also engages in the research and development of tire technology and equipment, as well as provision of related technical services; trading of inflatable and related products; and provides tire rentals. The company was formerly known as Prinx Chengshan (Cayman) Holding Limited and changed its name to Prinx Chengshan Holdings Limited in June 2021. The company was founded in 1976 and headquartered in Rongcheng, the People's Republic of China. Prinx Chengshan Holdings Limited is a subsidiary of Chengshan Group Co., Ltd.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
| Income | |||||||||
Revenues | 9,948,983 22.04% | 8,151,952 8.16% | 7,537,161 19.96% | ||||||
Cost of revenue | 8,807,225 | 7,893,483 | 7,365,807 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 1,141,758 | 258,469 | 171,354 | ||||||
NOPBT Margin | 11.48% | 3.17% | 2.27% | ||||||
Operating Taxes | 97,105 | (39,083) | (10,400) | ||||||
Tax Rate | 8.50% | ||||||||
NOPAT | 1,044,653 | 297,552 | 181,754 | ||||||
Net income | 1,033,391 162.43% | 393,783 42.52% | 276,304 -54.32% | ||||||
Dividends | (111,510) | (106,102) | (104,900) | ||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | 1,639,573 | ||||||||
BB yield | |||||||||
| Debt | |||||||||
Debt current | 891,088 | 1,674,485 | 1,175,758 | ||||||
Long-term debt | 381,924 | 1,464,751 | 1,636,345 | ||||||
Deferred revenue | 84,116 | 76,047 | 59,851 | ||||||
Other long-term liabilities | |||||||||
Net debt | 540,492 | 2,151,266 | 2,077,282 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 996,805 | 805,421 | 382,125 | ||||||
CAPEX | (431,521) | (597,304) | (1,403,407) | ||||||
Cash from investing activities | (306,311) | (681,674) | (1,341,972) | ||||||
Cash from financing activities | (1,132,438) | 89,880 | 1,139,031 | ||||||
FCF | 1,386,393 | (244,146) | (1,338,737) | ||||||
| Balance | |||||||||
Cash | 726,280 | 1,243,102 | 835,968 | ||||||
Long term investments | 6,240 | (255,132) | (101,147) | ||||||
Excess cash | 235,071 | 580,372 | 357,963 | ||||||
Stockholders' equity | 3,727,134 | 1,965,991 | 1,732,585 | ||||||
Invested Capital | 6,524,963 | 7,034,974 | 6,370,419 | ||||||
ROIC | 15.41% | 4.44% | 3.28% | ||||||
ROCE | 16.78% | 3.39% | 2.53% | ||||||
| EV | |||||||||
Common stock shares outstanding | 636,440 | 636,440 | 636,824 | ||||||
Price | |||||||||
Market cap | |||||||||
EV | |||||||||
EBITDA | 1,626,615 | 667,890 | 467,145 | ||||||
EV/EBITDA | |||||||||
Interest | 93,902 | 69,018 | 12,380 | ||||||
Interest/NOPBT | 8.22% | 26.70% | 7.22% | ||||||