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
Rewards
Risk Analysis
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
| 600009 | Industry | Market | |
|---|---|---|---|
| 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 Year | 26.7%23.2% | -8.8%-14.7% | 29.1%22.8% |
| 5 Year | 108.7%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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 09:01 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.