Beijing BDStar Navigation Co Ltd

Chart & Performance

D1W1MN

P/E

—

P/S

10.15

EPS

—

Div Yield, %

0.53%

Shrs. gr., 5y

1.60%

Rev. gr., 5y

-12.89%

Revenues

1.50b

-63.30%

Net income

-100.00%

CFO

Dividend

May 31, 20240.15 CNY/sh

Profile

Beijing BDStar Navigation Co., Ltd. provides satellite navigation, and positioning products and services worldwide. The company provides high precision and navigation products, such as GNSS SoC chips, modules, and boards; GNSS antennas, including survey, choke ring, aviation, Helix/UAV, beacon, smart, and OEM antennas, as well as H-RTK GNSS modules; and wireless data links comprising OEM modems, external radios, and accessories. It also offers iridium antennas; mobile base station antennas, including conventional base station and integrative beautification antennas; and RF passive components comprising low and high temperature co-fired, and microwave dielectric ceramics; and soft magnetism ferrite materials. In addition, the company provides passive, active, monopole/dipole, and special antennas; GNSS, CATV, Bluetooth, and WIFI modules; and ceramic substrates comprising LTCC, HTCC, and composite substrates. Further, it offers automotive electronic products and services; and automotive engineering services, including automotive electronics testing and verification engineering, electrified, smart mobility and factory services, as well as hardware and software components development, and IOV services. Additionally, the company provides terminals, solutions and information systems for satellite navigation, inertial navigation, timing, and heading. Its products are used in various applications, such as measuring, mapping, mechanical control, vehicle monitoring, automotive electronics, precision agriculture, aero logical sounding, precision timing, etc. Beijing BDStar Navigation Co., Ltd. was founded in 2000 and is headquartered in Beijing, China.

URL

https://www.bdstar.com/

IPO date

Aug 13, 2007

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,498,315 -63.30%	4,082,215 6.97%	3,816,078 -0.90%
Cost of revenue	1,419,102	3,870,174	3,408,569
Unusual Expense (Income)
NOPBT	79,213	212,040	407,508
NOPBT Margin	5.29%	5.19%	10.68%
Operating Taxes		(27,431)	6,780
Tax Rate			1.66%
NOPAT	79,213	239,471	400,729
Net income		161,185 119.86%	73,312 -63.81%
Dividends		(17,318)	(29,681)
Dividend yield		0.11%	0.20%
Proceeds from repurchase of equity		933,768	(150,184)
BB yield		-5.69%	1.03%
Debt
Debt current	56,400		243,611
Long-term debt	40,381	49,891	104,428
Deferred revenue	149,174		198,588
Other long-term liabilities	53,816	155,999	272,361
Net debt	(1,627,398)	(2,938,971)	(1,522,116)
Cash flow
Cash from operating activities		(202,532)
CAPEX		(322,169)
Cash from investing activities	497,122	(703,727)
Cash from financing activities	115,710	1,083,237
FCF	98,201	754,702	(576,367)
Balance
Cash	1,724,180	1,842,296	1,241,376
Long term investments	1	1,146,565	628,779
Excess cash	1,649,264	2,784,751	1,679,351
Stockholders' equity	694,077	847,777	1,119,993
Invested Capital	4,840,628	4,945,211	4,433,711
ROIC	1.62%	5.11%	9.06%
ROCE	1.43%	3.65%	7.32%
EV
Common stock shares outstanding	538,064	519,953	518,782
Price	26.54 -15.96%	31.58 12.46%	28.08 -28.32%
Market cap	14,280,208 -13.03%	16,420,100 12.72%	14,567,411 -33.92%
EV	12,803,928	13,528,443	13,584,861
EBITDA	302,719	535,257	676,229
EV/EBITDA	42.30	25.27	20.09
Interest	2,977	21,591	31,925
Interest/NOPBT	3.76%	10.18%	7.83%