Shanghai International Airport Co., Ltd. (600009) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Shanghai International Airport Co., Ltd.

Why is Shanghai International Airport Co., Ltd. ?

Poor Management Efficiency with a low ROCE of 2.50%

The company has been able to generate a Return on Capital Employed (avg) of 2.50% signifying low profitability per unit of total capital (equity and debt)

Poor long term growth as Net Sales has grown by an annual rate of 15.73% and Operating profit at 40.44% over the last 5 years

The company has declared Positive results for the last 9 consecutive quarters

OPERATING CASH FLOW(Y) Highest at CNY 6,518.71 MM
ROCE(HY) Highest at 5.71%
DEBT-EQUITY RATIO (HY) Lowest at 3.23 %

With ROE of 5.82%, it has a very expensive valuation with a 1.88 Price to Book Value

Over the past year, while the stock has generated a return of -7.60%, its profits have risen by 27% ; the PEG ratio of the company is 1.2
At the current price, the company has a high dividend yield of 0.9

Majority shareholders : Non Institution

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -7.60% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Shanghai International Airport Co., Ltd. should be less than 10%
Overall Portfolio exposure to Transport Services should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Transport Services)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Shanghai International Airport Co., Ltd. for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

Shanghai International Airport Co., Ltd.

-14.74%

-0.73

17.05%

China Shanghai Composite

13.33%

1.58

14.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

15.73%

EBIT Growth (5y)

40.44%

EBIT to Interest (avg)

-4.75

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.34

Sales to Capital Employed (avg)

0.26

Tax Ratio

27.29%

Dividend Payout Ratio

51.51%

Pledged Shares

Institutional Holding

0.00%

ROCE (avg)

2.50%

ROE (avg)

1.94%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.88

EV to EBIT

33.54

EV to EBITDA

13.28

EV to Capital Employed

2.30

EV to Sales

5.18

PEG Ratio

1.20

Dividend Yield

0.95%

ROCE (Latest)

6.85%

ROE (Latest)

5.82%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bullish

RSI

Bearish

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bullish

Dow Theory

Mildly Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

11What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 6,518.71 MM

ROCE(HY)

Highest at 5.71%

DEBT-EQUITY RATIO (HY)

Lowest at 3.23 %

RAW MATERIAL COST(Y)

Fallen by -22.94% (YoY

CASH AND EQV(HY)

Highest at CNY 34,741.66 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 4.68 times

NET SALES(Q)

Highest at CNY 3,360.56 MM

-6What is not working for the Company

INTEREST COVERAGE RATIO(Q)

Lowest at 392.46

OPERATING PROFIT(Q)

Lowest at CNY 656.4 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 19.53 %

Here's what is working for Shanghai International Airport Co., Ltd.

Operating Cash Flow

Highest at CNY 6,518.71 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Debt-Equity Ratio

Lowest at 3.23 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Net Sales

Highest at CNY 3,360.56 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Cash and Eqv

Highest at CNY 34,741.66 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debtors Turnover Ratio

Highest at 4.68 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -22.94% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Shanghai International Airport Co., Ltd.

Interest Coverage Ratio

Lowest at 392.46

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit

Lowest at CNY 656.4 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at 19.53 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales