Taiyuan Heavy Industry Co., Ltd. / Fundamentals

    Income statement

    Net revenue
    €1.25B
    Cost of goods sold
    €1.02B
    Gross profit
    €224.43M
    SG&A expenses
    -€3.12M
    R&D expenses
    €59.96M
    EBITDA
    €87.35M
    D&A
    €0.00
    EBIT
    €33.55M
    Interest expenses
    €51.87M
    EBT
    €35.47M
    Tax expenses
    €7.10M
    Net income
    €24.32M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €19.36M
    Changes in working capital
    €0.00
    Operating cash flow
    €22.79M
    Capex
    €201.10M
    Other investing cash flow
    €93.21M
    Net investing cash flow
    -€18.36M
    Total cash dividends paid
    -€58.99M
    Issuance of common stock
    €0.00
    Debt repayment
    €88.36M
    Other financing cash flow
    -€16.72M
    Net financing cash flow
    €12.65M
    Foreign exchange effects
    €864.37K
    Net change in cash
    €44.40M
    Cash at end of period
    €210.91M
    Free cash flow
    €223.89M

    Balance sheet

    Cash and cash equivalents
    €261.51M
    Cash and short-term investments
    €261.51M
    Total receivables
    €1.13B
    Inventory
    €1.13B
    Other current assets
    €116.51M
    Total current assets
    €2.64B
    Property, plant & equipment
    €729.44M
    Goodwill
    €0.00
    Intangible assets
    €214.31M
    Long-term investments
    €0.00
    Other non-current assets
    €300.77M
    Total non-current assets
    €1.27B
    Total assets
    €3.90B
    Accounts payable
    €936.41M
    Short-term debt
    €318.33M
    Other current liabilities
    €696.66M
    Total current liabilities
    €1.96B
    Long-term debt
    €1.15B
    Deferred tax liabilities
    €5.22M
    Other non-current liabilities
    €32.55M
    Total non-current liabilities
    €1.22B
    Total liabilities
    €3.18B
    Common stock
    €404.85M
    Retained earnings
    -€41.44M
    Other equity
    €0.00
    Total equity
    €722.92M
    Total liabilities and shareholders' equity
    €3.90B

    Company information

    Market capitalization
    €963.83M
    Employees
    5K
    Enterprise Value
    €17.06B

    Company ratios

    Gross margin
    18.0% Worse than peer group: 27.4%
    EBITDA margin
    7.0% Worse than peer group: 16.7%
    EBIT margin
    2.7% Worse than peer group: 12.0%
    EBT margin
    2.8% Worse than peer group: 12.4%
    Net margin
    1.9% Worse than peer group: 7.4%
    ROE
    3.4% Even with peer group: 7.2%
    ROA
    0.6% Even with peer group: 3.1%
    Asset turnover
    32.0% Much worse than peer group: 65.8%
    FCF margin
    -14.3% Worse than peer group: -0.9%
    FCF yield
    -18.5%
    Efficiency ratio
    93.0%
    Net sales per employee
    €249.84K
    Net income per employee
    €4.87K

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