Market : Hong Kong
Symbol : 3899.HK
Industry：Energy
Founded in 2004, CIMC Enric Holdings Limited, one of the members of the CIMC Group, has been listed on the Hong Kong Stock Exchange since 2005. The Company is principally engaged in the provision of key equipment, engineering service and integrated solutions for transportation, storage and processing for the clean energy, chemical and environmental and liquid food sectors and has become a leading integrated business service provider and key equipment manufacturer in the industry. Its production and sales of ISO liquid tank containers and high-pressure transportation vehicles are among the top in the world, the market share of cryogenic transportation vehicles and cryogenic storage tanks is in the leading position in China, large storage tank for LNG receiving terminals and modular products for LNG refuelling stations and CNG refuelling stations have ranked among the top three in terms of market share in China while comprehensively deploying the hydrogen industry chain. The Company has built a global marketing network and has over 20 domestic and overseas subsidiaries located in China, the Netherlands, Germany, Belgium, the United Kingdom and Canada that operate production bases and advanced R&D centres.
Share Graph
CIMC Enric Holdings
| Financial Highlights (RMB'000) |
2019 |
2020 |
2021 |
| OPERATING RESULTS |
|
|
|
| Revenue |
13,743,019 |
12,289,567 |
18,424,763 |
| Gross profit |
2,351,294 |
2,094,723 |
2,706,002 |
| EBITDA |
1,439,908 |
1,170,912 |
1,544,872 |
| Core profit |
947,676 |
587,884 |
948,846 |
| Profit from operations |
1,138,573 |
811,991 |
1,212,559 |
| Profit attributable to equity shareholders |
911,007 |
579,923 |
883,581 |
| PER SHARE DATA |
|
|
|
| Earnings per share – Basic RMB |
0.464 |
0.293 |
0.447 |
| Earnings per share – Diluted RMB |
0.459 |
0.293 |
0.428 |
| Net asset value per share RMB |
3.673 |
3.715 |
4.192 |
| KEY STATISTICS |
|
|
|
| GP ratio |
17.0% |
17.0% |
14.7% |
| EBITDA margin |
10.5% |
9.5% |
8.4% |
| Operating profit margin |
8.3% |
6.6% |
6.6% |
| Net profit margin |
6.6% |
4.7% |
4.8% |
| Return on equity (half year) |
13.5% |
8.0% |
11.4% |
| Interest coverage – times |
23.1 |
23.1 |
19.5 |
| Inventory turnover days |
121 |
136 |
96 |
| Debtor turnover days |
76 |
76 |
53 |
| Creditor turnover days |
82 |
87 |
67 |
| FINANCIAL POSITION |
|
|
|
| Total assets |
15,900,033 |
16,074,720 |
19,024,673 |
| Net assets |
7,384,511 |
7,471,358 |
8,499,677 |
| Net current assets |
3,721,040 |
3,576,660 |
5,071,926 |
| Cash and cash equivalents |
2,534,752 |
2,560,890 |
3,173,351 |
| Interest bearing debts |
1,054,542 |
1,013,089 |
1,847,442 |
| Debt-to-equity ratio |
14.3% |
13.6% |
21.7% |
2021 Revenue Breakdown by Segment
Notes:
1.Core profit = Profit for the year + amortisation of share award scheme expense + convertible bonds related expenses;
2.Net profit margin = Profit attributable to equity shareholders ÷ Revenue;
3.Return on equity = Profit attributable to equity shareholders ÷ Average shareholders’ equity;
4.Interest bearing debts = Bank loans, loans from related parties, convertible bonds and other borrowings;
5.Gearing ratio = Interest bearing debts ÷ Total equity