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Guangzhou Hangxin Aviation Technology

SZSE:300424
Snowflake Description

Proven track record with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
300424
SZSE
CN¥3B
Market Cap
  1. Home
  2. CN
  3. Transportation
Company description

Guangzhou Hangxin Aviation Technology Co., Ltd., an aviation technology oriented company, provides aircraft engineering and safety services in the People's Republic of China. The last earnings update was 47 days ago. More info.


Add to Portfolio Compare Print
  • Guangzhou Hangxin Aviation Technology has significant price volatility in the past 3 months.
300424 Share Price and Events
7 Day Returns
-4.4%
SZSE:300424
-1.9%
CN Infrastructure
-0.1%
CN Market
1 Year Returns
-36.5%
SZSE:300424
-29%
CN Infrastructure
-9.2%
CN Market
300424 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Guangzhou Hangxin Aviation Technology (300424) -4.4% -19.5% -17.3% -36.5% -58.7% -
CN Infrastructure -1.9% -9.9% -18.8% -29% -27% -36%
CN Market -0.1% -9.8% -6.1% -9.2% -16.2% -26.5%
1 Year Return vs Industry and Market
  • 300424 underperformed the Infrastructure industry which returned -29% over the past year.
  • 300424 underperformed the Market in China which returned -9.2% over the past year.
Price Volatility
300424
Industry
5yr Volatility vs Market

Value

 Is Guangzhou Hangxin Aviation Technology undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Guangzhou Hangxin Aviation Technology to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Guangzhou Hangxin Aviation Technology.

SZSE:300424 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in CNY CN¥ .013000
Payout Ratio Company Filings (2019-12-31) 5890.9%
Discount Rate (Cost of Equity) See below 12.1%
Perpetual Growth Rate 10-Year CN Government Bond Rate 3.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SZSE:300424
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CN Govt Bond Rate 3.2%
Equity Risk Premium S&P Global 6.3%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.67
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.669 (1 + (1- 25%) (28.96%))
1.4
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.4
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.2% + (1.4 * 6.33%)
12.06%

Discounted Cash Flow Calculation for SZSE:300424 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Guangzhou Hangxin Aviation Technology is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

SZSE:300424 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= CN¥0.01 / (12.06% - 3.2%)
CN¥0.14
SZSE:300424 Discount to Share Price
Calculation Result
Value per share (CNY) From above. CN¥0.14
Current discount Discount to share price of CN¥13.71
= -1 x (CN¥13.71 - CN¥0.14) / CN¥0.14
-9479.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Guangzhou Hangxin Aviation Technology is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Guangzhou Hangxin Aviation Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Guangzhou Hangxin Aviation Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SZSE:300424 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥0.32
SZSE:300424 Share Price ** SZSE (2020-04-03) in CNY CN¥13.71
China Infrastructure Industry PE Ratio Median Figure of 39 Publicly-Listed Infrastructure Companies 13.76x
China Market PE Ratio Median Figure of 3,196 Publicly-Listed Companies 32.32x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Guangzhou Hangxin Aviation Technology.

SZSE:300424 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SZSE:300424 Share Price ÷ EPS (both in CNY)

= 13.71 ÷ 0.32

42.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Guangzhou Hangxin Aviation Technology is overvalued based on earnings compared to the CN Infrastructure industry average.
  • Guangzhou Hangxin Aviation Technology is overvalued based on earnings compared to the China market.
Price based on expected Growth
Does Guangzhou Hangxin Aviation Technology's expected growth come at a high price?
Raw Data
SZSE:300424 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 42.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
37.9%per year
China Infrastructure Industry PEG Ratio Median Figure of 13 Publicly-Listed Infrastructure Companies 1.1x
China Market PEG Ratio Median Figure of 1,275 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

SZSE:300424 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 42.84x ÷ 37.9%

1.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Guangzhou Hangxin Aviation Technology is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Guangzhou Hangxin Aviation Technology's assets?
Raw Data
SZSE:300424 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥4.21
SZSE:300424 Share Price * SZSE (2020-04-03) in CNY CN¥13.71
China Infrastructure Industry PB Ratio Median Figure of 39 Publicly-Listed Infrastructure Companies 0.95x
China Market PB Ratio Median Figure of 3,691 Publicly-Listed Companies 2.26x
SZSE:300424 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SZSE:300424 Share Price ÷ Book Value per Share (both in CNY)

= 13.71 ÷ 4.21

3.25x

* Primary Listing of Guangzhou Hangxin Aviation Technology.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Guangzhou Hangxin Aviation Technology is overvalued based on assets compared to the CN Infrastructure industry average.
X
Value checks
We assess Guangzhou Hangxin Aviation Technology's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Infrastructure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Infrastructure industry average (and greater than 0)? (1 check)
  5. Guangzhou Hangxin Aviation Technology has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Guangzhou Hangxin Aviation Technology expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
37.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Guangzhou Hangxin Aviation Technology expected to grow at an attractive rate?
  • Guangzhou Hangxin Aviation Technology's earnings growth is expected to exceed the low risk savings rate of 3.2%.
Growth vs Market Checks
  • Guangzhou Hangxin Aviation Technology's earnings growth is expected to exceed the China market average.
  • Guangzhou Hangxin Aviation Technology's revenue growth is positive but not above the China market average.
Annual Growth Rates Comparison
Raw Data
SZSE:300424 Future Growth Rates Data Sources
Data Point Source Value (per year)
SZSE:300424 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 37.9%
SZSE:300424 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 11.3%
China Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 11.3%
China Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 9%
China Market Earnings Growth Rate Market Cap Weighted Average 20.9%
China Market Revenue Growth Rate Market Cap Weighted Average 15.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SZSE:300424 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SZSE:300424 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,874 141 171 3
2020-12-31 1,584 229 128 3
2020-04-04
SZSE:300424 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 1,499 76
2019-09-30 1,230 -26 59
2019-06-30 1,034 -82 52
2019-03-31 912 -61 49
2018-12-31 755 -40 50
2018-09-30 665 -18 70
2018-06-30 567 3 76
2018-03-31 470 -40 67
2017-12-31 473 -98 67
2017-09-30 462 -11 64
2017-06-30 450 -32 62
2017-03-31 441 -17 61

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Guangzhou Hangxin Aviation Technology's earnings are expected to grow significantly at over 20% yearly.
  • Guangzhou Hangxin Aviation Technology's revenue is expected to grow by 11.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SZSE:300424 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Guangzhou Hangxin Aviation Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SZSE:300424 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.71 0.81 0.66 3.00
2020-12-31 0.54 0.64 0.47 3.00
2020-04-04
SZSE:300424 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 0.32
2019-09-30 0.25
2019-06-30 0.22
2019-03-31 0.20
2018-12-31 0.21
2018-09-30 0.29
2018-06-30 0.32
2018-03-31 0.31
2017-12-31 0.28
2017-09-30 0.27
2017-06-30 0.26
2017-03-31 0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Guangzhou Hangxin Aviation Technology is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Guangzhou Hangxin Aviation Technology's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the China market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the China market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Guangzhou Hangxin Aviation Technology has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Guangzhou Hangxin Aviation Technology performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Guangzhou Hangxin Aviation Technology's growth in the last year to its industry (Infrastructure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Guangzhou Hangxin Aviation Technology's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Guangzhou Hangxin Aviation Technology's 1-year earnings growth exceeds its 5-year average (50.7% vs -5.2%)
  • Guangzhou Hangxin Aviation Technology's earnings growth has exceeded the CN Infrastructure industry average in the past year (50.7% vs 13.3%).
Earnings and Revenue History
Guangzhou Hangxin Aviation Technology's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Guangzhou Hangxin Aviation Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SZSE:300424 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,499.37 75.79
2019-09-30 1,229.96 59.23 235.90 35.89
2019-06-30 1,034.50 52.36 222.87 33.91
2019-03-31 912.05 48.63 215.37 32.19
2018-12-31 754.59 50.30 187.63 31.48
2018-09-30 664.70 69.81 157.82 31.73
2018-06-30 566.75 75.72 118.23 40.81
2018-03-31 469.78 66.83 107.18 34.55
2017-12-31 473.38 66.70 116.13 26.73
2017-09-30 462.09 63.76 129.07 17.11
2017-06-30 449.77 61.56 143.81
2017-03-31 440.67 60.73 139.54
2016-12-31 424.52 59.86 137.56
2016-09-30 403.87 59.33 122.50
2016-06-30 382.35 63.12 115.43
2016-03-31 385.99 59.75 131.16
2015-12-31 412.65 72.20 131.39
2015-09-30 443.41 77.57 136.10
2015-06-30 514.02 82.06 158.75
2015-03-31 501.81 80.10 148.22
2014-12-31 509.11 80.44 152.27
2013-12-31 475.71 73.54 130.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Guangzhou Hangxin Aviation Technology has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Guangzhou Hangxin Aviation Technology used its assets more efficiently than the CN Infrastructure industry average last year based on Return on Assets.
  • Guangzhou Hangxin Aviation Technology has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Guangzhou Hangxin Aviation Technology's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Infrastructure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Guangzhou Hangxin Aviation Technology has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Guangzhou Hangxin Aviation Technology's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Guangzhou Hangxin Aviation Technology's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Guangzhou Hangxin Aviation Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Guangzhou Hangxin Aviation Technology's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Guangzhou Hangxin Aviation Technology's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Guangzhou Hangxin Aviation Technology Company Filings, last reported 3 months ago.

SZSE:300424 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,010.74 952.34 242.39
2019-09-30 1,010.74 950.86 242.39
2019-06-30 992.19 929.64 216.36
2019-03-31 952.41 831.04 187.54
2018-12-31 954.94 860.68 302.53
2018-09-30 946.52 608.60 189.46
2018-06-30 948.39 519.80 213.33
2018-03-31 905.25 218.30 166.79
2017-12-31 903.42 68.30 88.17
2017-09-30 888.78 0.00 33.60
2017-06-30 857.80 0.00 40.40
2017-03-31 876.79 0.00 110.84
2016-12-31 875.04 42.00 187.17
2016-09-30 851.85 40.00 92.77
2016-06-30 834.88 3.00 148.12
2016-03-31 818.99 8.00 161.58
2015-12-31 818.05 5.00 247.05
2015-09-30 795.58 0.00 201.16
2015-06-30 814.75 25.38 272.11
2015-03-31 449.61 140.00 165.41
2014-12-31 449.61 140.00 165.41
2013-12-31 384.14 187.50 198.47
  • Guangzhou Hangxin Aviation Technology's level of debt (94%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (31.1% vs 94% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).
X
Financial health checks
We assess Guangzhou Hangxin Aviation Technology's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Guangzhou Hangxin Aviation Technology has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Guangzhou Hangxin Aviation Technology's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.09%
Current annual income from Guangzhou Hangxin Aviation Technology dividends.
If you bought CN¥2,000 of Guangzhou Hangxin Aviation Technology shares you are expected to receive CN¥2 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Guangzhou Hangxin Aviation Technology's pays a lower dividend yield than the bottom 25% of dividend payers in China (0.46%).
  • Guangzhou Hangxin Aviation Technology's dividend is below the markets top 25% of dividend payers in China (2.04%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SZSE:300424 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
China Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 2.6%
China Market Average Dividend Yield Market Cap Weighted Average of 2585 Stocks 1.9%
China Minimum Threshold Dividend Yield 10th Percentile 0.2%
China Bottom 25% Dividend Yield 25th Percentile 0.5%
China Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SZSE:300424 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-04
SZSE:300424 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-04-25 0.013 0.081
2018-10-25 0.000 0.000
2018-08-22 0.000 0.000
2018-04-25 0.000 0.000
2017-04-19 0.167 0.656
2017-02-27 0.167 0.490
2016-04-06 0.181 0.575
2016-02-29 0.181 0.588
2015-10-19 0.333 0.871
2015-09-23 0.333 1.070

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Guangzhou Hangxin Aviation Technology is not paying a notable dividend for China, therefore no need to check if the payments are stable.
  • Guangzhou Hangxin Aviation Technology is not paying a notable dividend for China, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Guangzhou Hangxin Aviation Technology's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Guangzhou Hangxin Aviation Technology's dividends as it is not paying a notable one for China.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Guangzhou Hangxin Aviation Technology's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Guangzhou Hangxin Aviation Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Guangzhou Hangxin Aviation Technology has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Guangzhou Hangxin Aviation Technology's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Xin Huang
COMPENSATION CN¥1,130,000
CEO Bio

Mr. Xin Huang serves as the President at Guangzhou Hangxin Aviation Technology Co., Ltd. Mr. Huang served as Vice President at Guangzhou Hangxin Aviation Technology Co., Ltd. He serves as the Chairman of the Board of Beijing Hangxun Technology New Aviation Technology Co., Ltd. and Harbin Hangwei Aviation Technology Co., Ltd. He serves as a Director at Guangzhou Hangxin Aviation Technology Co., Ltd. Mr. Huang holds Bachelor’s degree from Beihang University.

CEO Compensation
  • Insufficient data for Xin to compare compensation growth.
  • Xin's remuneration is lower than average for companies of similar size in China.
Management Team

Xin Huang

TITLE
President and Director
COMPENSATION
CN¥1M

Guang Jun Zhang

TITLE
Chief Financial Officer and Vice President
COMPENSATION
CN¥560K

Gui Bin Wu

TITLE
Chief Engineer
COMPENSATION
CN¥518K

Yu Bao Tai

TITLE
Chief Quality Assessor
COMPENSATION
CN¥397K

Kai Yu Luo

TITLE
Chief Architect of the Flight Data Recording System
COMPENSATION
CN¥318K

Feng Rui Li

TITLE
Secretary and Director
COMPENSATION
CN¥990K

Shao Juan Liu

TITLE
Vice President and Director
COMPENSATION
CN¥1M

Quan Zhang

TITLE
Vice President and Director
COMPENSATION
CN¥820K

Kun Hu

TITLE
Director of the Research and Development Center
COMPENSATION
CN¥334K

Hong Sheng Wang

TITLE
Deputy Director of the Research and Development Center
COMPENSATION
CN¥324K
Board of Directors

Fan Sheng Pu

TITLE
Chairman
COMPENSATION
CN¥2M

Xin Huang

TITLE
President and Director
COMPENSATION
CN¥1M

Xiang Yao Pu

TITLE
Vice Chairman
COMPENSATION
CN¥650K

Feng Rui Li

TITLE
Secretary and Director
COMPENSATION
CN¥990K

Shao Juan Liu

TITLE
Vice President and Director
COMPENSATION
CN¥1M

Quan Zhang

TITLE
Vice President and Director
COMPENSATION
CN¥820K

Ye Wang

TITLE
Head of the Supervisory Board
COMPENSATION
CN¥341K

Gang Luo

TITLE
Director

Limin Zhang

TITLE
Independent Director
COMPENSATION
CN¥80K
AGE
64

Yi Hua Huang

TITLE
Independent Director
COMPENSATION
CN¥80K
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CN¥) Value (CN¥)
X
Management checks
We assess Guangzhou Hangxin Aviation Technology's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Guangzhou Hangxin Aviation Technology has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Guangzhou Hangxin Aviation Technology Co., Ltd., an aviation technology oriented company, provides aircraft engineering and safety services in the People's Republic of China. It offers heavy and light maintenance, and component maintenance services; asset management services, such as aircraft project evaluation, asset disposal, aircraft teardown, design and manufacturing, engineering services, technical training, etc.; airborne equipment research and development; and aviation test equipment research and development. The company was founded in 1994 and is based in Guangzhou, the People's Republic of China.

Details
Name: Guangzhou Hangxin Aviation Technology Co., Ltd.
300424
Exchange: SZSE
Founded: 1994
CN¥3,288,588,963
239,867,904
Website: http://www.hangxin.com
Address: Guangzhou Hangxin Aviation Technology Co., Ltd.
No. 1, Guangbao Road,
Science City,
Guangzhou,
Guangdong Province, 510663,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SZSE 300424 Domestic Shares Shenzhen Stock Exchange CN CNY 22. Apr 2015
Number of employees
Current staff
Staff numbers
1,048
Guangzhou Hangxin Aviation Technology employees.
Industry
Airport Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 17:26
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/02/17
Last earnings filing: 2020/02/17
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.