Jiangxi Hongdu Aviation Industry Co., Ltd.
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Jiangxi Hongdu Aviation Industry Co., Ltd. -
Company Capsule
Reference Code: DF0023CC
Published Date: April 2011
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Company Page 1
Capsule
Jiangxi Hongdu Aviation Industry Co., Ltd.
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Company Overview
Jiangxi Hongdu Aviation Industry Co., Ltd. (Jiangxi Hongdu) is a China based company which is into manufacturing of
aerospace products and related spare parts. The company is engaged in research, development, distribution and
manufacturing of aerospace products. The product portfolio of the company includes jet training planes, agriculture planes
and general planes. Its products have an application in training of aircraft drivers, agricultural production and air
passenger transportation services. It principally caters to the needs of domestic as well as the overseas market. The
company is engaged in manufacturing aerospace products through its three major subsidiaries and five affiliate
companies, who have expertise in aerospace products, financial investment, banking services and securities business.
The company majorly operates across China. Jiangxi Hongdu Aviation Industry Co., Ltd. is headquartered in Nanchang,
China.
Financial Performance
The company reported revenues of (Renminbi) CNY 1,581.57 million during the fiscal year ended December 2009, a
decrease of 0.55% from 2008. The operating profit of the company was CNY 226.73 million during the fiscal year 2009,
an increase of 95.76% over 2008. The net profit of the company was CNY 196.56 million during the fiscal year 2009, an
increase of 91.05% over 2008.
Jiangxi Hongdu Aviation Industry Co., Ltd. - Key Facts
Jiangxi Hongdu Aviation Industry Co., Ltd., Key Facts
P O Box. 5001-512, Nanchang, ,
Ticker Symbol, Stock 600316 (Shanghai Stock
Corporate Address: 330024, China Exchange)
Exchange
Telephone + 86 791 8467456 No. of Employees 4,105
Fax + 86 791 8467843 Financial Year End December
URL www.hongdu-aviation.com Revenue (in CNY Million) 1,581.57
Industry Aerospace and Defense Revenue (in USD Million) 226.91
Locations China
Source: Annual Report, Company Website, Primary and Secondary Research
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Company Capsule Page 2
Jiangxi Hongdu Aviation Industry Co., Ltd.
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Major Products and Services
Jiangxi Hongdu Aviation Industry Co., Ltd has been focusing on aerospace products and relevant spare parts. The
company's key products and services include the following:
Jiangxi Hongdu Aviation Industry Co., Ltd., Major Products and Services
Products:
L15 Falcon advanced trainer aircraft
K8 series trainer
N5 series of agricultural aircraft
Pt6 series of primary trainer
Source: Annual Report, Company Website, Primary and Secondary Research
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Company Capsule Page 3
Jiangxi Hongdu Aviation Industry Co., Ltd.
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Key Competitors
The following companies are the major competitors of Jiangxi Hongdu Aviation Industry Co., Ltd.:
Hafei Aviation Industry Co., Ltd.
Xi'An Aircraft International Corporation
China Avic Avionics Equipment Co., Ltd.
Sichuan Chengfa Aero-Science & Technology Co., Ltd
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Company Capsule Page 4
Jiangxi Hongdu Aviation Industry Co., Ltd.
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Locations and Subsidiaries
Head Office
Jiangxi Hongdu Aviation Industry Co., Ltd.
P O Box. 5001-512
Nanchang
Zip: 330024
China
Tel: + 86 791 8467456
Fax: + 86 791 8467843
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Company Capsule Page 5
Jiangxi Hongdu Aviation Industry Co., Ltd.
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Jiangxi Hongdu Aviation Industry Co., Ltd. - Financial Ratios
Financial Ratios - Capital Market Ratios
Jiangxi Hongdu Aviation Industry Co., Ltd., Ratios based on current share price
Key Ratios 10-Dec-2010
P/E (Price/Earnings) Ratio 88.48
EV/EBITDA (Enterprise Value/Earnings Before Interest, Taxes, Depreciation and Amortization) 93.88
Enterprise Value/Sales 13.45
Enterprise Value/Operating Profit 93.82
Enterprise Value/Total Assets 6.12
Note: Above ratios are based on share price as of 10-Dec-2010. The above ratios are absolute numbers.
Source: Annual Report, Company Website, Primary and Secondary Research
Financial Ratios - Annual Ratios
Jiangxi Hongdu Aviation Industry Co., Ltd., Annual Ratios
Key Ratios Unit/Currency 2009 2008 2007 2006 2005
Equity Ratios
EPS (Earnings per Share) CNY 0.35 0.18 0.21 0.15 0.1
Dividend per Share CNY 0.02 0.04 0.09 0.04 0.01
Dividend Cover Absolute 18.57 4.86 2.3 3.27 11.46
Book Value per Share CNY 3.53 3.05 3.34 2.7 2.71
Cash Value per Share CNY 1.9 1.3 1.32 1.32 1.03
Profitability Ratios
Gross Margin % 17.67 14.6 13.08 13.34 22.47
Operating Margin % 14.34 7.28 7.34 6.76 1