Bohai Ferry Group Co Ltd

Chart & Performance

D1W1MN

P/E

16.90

P/S

2.30

EPS

0.53

Div Yield, %

1.81%

Shrs. gr., 5y

-0.43%

Rev. gr., 5y

1.98%

Revenues

1.84b

+40.77%

Net income

250m

+54.43%

CFO

458m

+1.92%

Dividend

Sep 30, 20240.27 CNY/sh

Earnings

May 09, 2025

Profile

Bohai Ferry Group Co., Ltd. engages in water transportation business in China. It is also involved in the ticketing, cruise travel, ship leasing, freight transportation, and finance lease businesses. The company was formerly known as Shandong Bohai Ferry Co., Ltd. Bohai Ferry Group Co., Ltd. was founded in 1998 and is headquartered in Yantai, China.

URL

http://www.bhferry.com/

IPO date

Sep 06, 2012

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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,839,849 40.77%	1,306,962 -6.70%	1,400,817 20.06%
Cost of revenue	1,419,172	1,282,954	1,125,052
Unusual Expense (Income)
NOPBT	420,677	24,007	275,765
NOPBT Margin	22.86%	1.84%	19.69%
Operating Taxes	120,723	58,620	94,570
Tax Rate	28.70%	244.18%	34.29%
NOPAT	299,955	(34,613)	181,195
Net income	250,399 54.43%	162,148 -19.54%	201,539 48.10%
Dividends	(76,667)	(66,556)	(51,759)
Dividend yield	1.83%	1.93%	1.39%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	30,000	665,929	653,609
Long-term debt	924	135,419	318,817
Deferred revenue	177,848	186,200	139,556
Other long-term liabilities		3,000	18,407
Net debt	(530,101)	120,332	500,614
Cash flow
Cash from operating activities	458,241	449,613	301,034
CAPEX	(20,918)
Cash from investing activities	207,758	32,915	14,344
Cash from financing activities	(726,055)
FCF	859,477	197,174	225,439
Balance
Cash	273,758	334,100	155,888
Long term investments	287,267	346,916	315,923
Excess cash	469,032	615,668	401,770
Stockholders' equity	3,015,158	2,928,443	2,801,155
Invested Capital	3,694,372	4,239,468	4,466,362
ROIC	7.56%		4.04%
ROCE	10.04%	0.49%	5.63%
EV
Common stock shares outstanding	472,451	469,145	468,695
Price	8.88 20.65%	7.36 -7.30%	7.94 -9.77%
Market cap	4,195,368 21.50%	3,452,904 -7.22%	3,721,436 -9.19%
EV	3,814,253	3,815,615	4,433,334
EBITDA	589,629	197,472	452,835
EV/EBITDA	6.47	19.32	9.79
Interest	7,997	25,979	21,774
Interest/NOPBT	1.90%	108.21%	7.90%