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Shanghai International Airport

Market Cap

CN¥107.8b

Last Updated

2021/04/17 09:01 UTC

Data Sources

Company Financials +

Executive Summary

Shanghai International Airport Co., Ltd. provides airport services in Shanghai, China. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.

Share Price & News

How has Shanghai International Airport's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600009 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 600009's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-2.6%

600009

0.2%

CN Infrastructure

-0.8%

CN Market


1 Year Return

-17.4%

600009

4.4%

CN Infrastructure

25.0%

CN Market

Return vs Industry: 600009 underperformed the CN Infrastructure industry which returned 4.5% over the past year.

Return vs Market: 600009 underperformed the CN Market which returned 24.7% over the past year.


Shareholder returns

600009IndustryMarket
7 Day-2.6%0.2%-0.8%
30 Day-8.6%-2.8%-0.08%
90 Day-22.3%-2.9%-5.3%
1 Year-16.6%-17.4%7.1%4.4%27.0%25.0%
3 Year26.7%23.2%-8.8%-14.7%29.1%22.8%
5 Year108.7%97.6%2.1%-8.1%30.5%21.7%

Long-Term Price Volatility Vs. Market

How volatile is Shanghai International Airport's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shanghai International Airport undervalued compared to its fair value and its price relative to the market?

3.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 600009 (CN¥55.93) is trading above our estimate of fair value (CN¥27.92)

Significantly Below Fair Value: 600009 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600009 is unprofitable, so we can't compare its PE Ratio to the CN Infrastructure industry average.

PE vs Market: 600009 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600009's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600009 is overvalued based on its PB Ratio (3.7x) compared to the CN Infrastructure industry average (1.1x).


Future Growth

How is Shanghai International Airport forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

53.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600009 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.3%).

Earnings vs Market: 600009 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 600009's is expected to become profitable in the next 3 years.

Revenue vs Market: 600009's revenue (23.4% per year) is forecast to grow faster than the CN market (17.9% per year).

High Growth Revenue: 600009's revenue (23.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600009's Return on Equity is forecast to be low in 3 years time (11.5%).


Past Performance

How has Shanghai International Airport performed over the past 5 years?

-3.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600009 is currently unprofitable.

Growing Profit Margin: 600009 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 600009 is unprofitable, and losses have increased over the past 5 years at a rate of 3.2% per year.

Accelerating Growth: Unable to compare 600009's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 600009 is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (-28.6%).


Return on Equity

High ROE: 600009 has a negative Return on Equity (-3.95%), as it is currently unprofitable.


Financial Health

How is Shanghai International Airport's financial position?


Financial Position Analysis

Short Term Liabilities: 600009's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥3.6B).

Long Term Liabilities: 600009's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥23.4M).


Debt to Equity History and Analysis

Debt Level: 600009 is debt free.

Reducing Debt: 600009 has no debt compared to 5 years ago when its debt to equity ratio was 12.1%.

Debt Coverage: 600009 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 600009 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Shanghai International Airport current dividend yield, its reliability and sustainability?

1.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600009's dividend (1.41%) is higher than the bottom 25% of dividend payers in the CN market (0.44%).

High Dividend: 600009's dividend (1.41%) is low compared to the top 25% of dividend payers in the CN market (1.82%).


Stability and Growth of Payments

Stable Dividend: 600009's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600009's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 600009 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: 600009's dividends in 3 years are forecast to be well covered by earnings (30.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average management tenure


CEO

Zhihong Hu (52 yo)

3.33yrs

Tenure

CN¥965,700

Compensation

Mr. Zhihong Hu is a General Manager of Shanghai International Airport Co., Ltd. since December 15, 2017 and is its Director since June 28, 2018.


Leadership Team

Experienced Management: 600009's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: 600009's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shanghai International Airport Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai International Airport Co., Ltd.
  • Ticker: 600009
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Airport Services
  • Sector: Transportation
  • Market Cap: CN¥107.775b
  • Shares outstanding: 1.93b
  • Website: https://www.shairport.com

Number of Employees


Location

  • Shanghai International Airport Co., Ltd.
  • No. 900 Qihang Road
  • Pudong New Area
  • Shanghai
  • 201207
  • China

Listings


Biography

Shanghai International Airport Co., Ltd. provides airport services in Shanghai, China. It offers customs inspection, security inspection, inspection and quarantine, flight delay, visa, and smoking control ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 09:01
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.