China Avionics Systems Co.,Ltd. / Fundamentals

    Income statement

    Net revenue
    €2.85B
    Cost of goods sold
    €2.04B
    Gross profit
    €816.76M
    SG&A expenses
    €50.35M
    R&D expenses
    €347.47M
    EBITDA
    €194.30M
    D&A
    €48.53M
    EBIT
    €119.62M
    Interest expenses
    €33.85M
    EBT
    €120.26M
    Tax expenses
    €6.45M
    Net income
    €94.33M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    -€348.14M
    Changes in working capital
    €0.00
    Operating cash flow
    -€107.61M
    Capex
    €240.06M
    Other investing cash flow
    €134.48M
    Net investing cash flow
    -€105.57M
    Total cash dividends paid
    -€74.47M
    Issuance of common stock
    €0.00
    Debt repayment
    €236.69M
    Other financing cash flow
    -€16.03M
    Net financing cash flow
    €146.19M
    Foreign exchange effects
    €1.26M
    Net change in cash
    -€122.54M
    Cash at end of period
    €1.30B
    Free cash flow
    €132.45M

    Balance sheet

    Cash and cash equivalents
    €1.40B
    Cash and short-term investments
    €1.40B
    Total receivables
    €3.74B
    Inventory
    €2.05B
    Other current assets
    €121.59M
    Total current assets
    €7.32B
    Property, plant & equipment
    €1.57B
    Goodwill
    €2.91M
    Intangible assets
    €214.05M
    Long-term investments
    €0.00
    Other non-current assets
    €428.28M
    Total non-current assets
    €2.27B
    Total assets
    €9.58B
    Accounts payable
    €2.86B
    Short-term debt
    €1.01B
    Other current liabilities
    €646.78M
    Total current liabilities
    €4.55B
    Long-term debt
    €216.04M
    Deferred tax liabilities
    €43.02M
    Other non-current liabilities
    -€127.41M
    Total non-current liabilities
    €231.23M
    Total liabilities
    €4.78B
    Common stock
    €585.64M
    Retained earnings
    €1.36B
    Other equity
    €0.00
    Total equity
    €4.81B
    Total liabilities and shareholders' equity
    €9.58B

    Company information

    Market capitalization
    €6.94B
    Employees
    33K
    Enterprise Value
    €52.52B

    Company ratios

    Gross margin
    28.6% Better than peer group: 17.3%
    EBITDA margin
    6.8% Even with peer group: 10.3%
    EBIT margin
    4.2% Even with peer group: 7.6%
    EBT margin
    4.2% Even with peer group: 7.8%
    Net margin
    3.3% Even with peer group: 5.5%
    ROE
    2.0% Even with peer group: 5.8%
    ROA
    1.0% Even with peer group: 2.4%
    Asset turnover
    29.8% Worse than peer group: 49.1%
    FCF margin
    -12.2% Worse than peer group: -3.9%
    FCF yield
    -5.0%
    Efficiency ratio
    93.2%
    Net sales per employee
    €86.63K
    Net income per employee
    €2.86K

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