SEHK:694

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Beijing Capital International Airport

Executive Summary

Beijing Capital International Airport Company Limited engages in the aeronautical and non-aeronautical businesses at the Beijing Capital Airport in the People’s Republic of China. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 694 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.1%

694

-0.1%

HK Infrastructure

1.9%

HK Market


1 Year Return

-32.2%

694

-18.9%

HK Infrastructure

1.5%

HK Market

Return vs Industry: 694 underperformed the Hong Kong Infrastructure industry which returned -18.4% over the past year.

Return vs Market: 694 underperformed the Hong Kong Market which returned 2% over the past year.


Shareholder returns

694IndustryMarket
7 Day6.1%-0.1%1.9%
30 Day10.2%-0.8%3.6%
90 Day-4.7%-3.6%2.8%
1 Year-29.9%-32.2%-13.9%-18.9%5.8%1.5%
3 Year-54.1%-59.1%-30.6%-40.9%-5.0%-15.4%
5 Year-29.7%-39.8%-15.9%-34.2%17.1%-2.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

17.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 694 (HK$5.07) is trading below our estimate of fair value (HK$6.12)

Significantly Below Fair Value: 694 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 694 is poor value based on its PE Ratio (50x) compared to the HK Infrastructure industry average (10.1x).

PE vs Market: 694 is poor value based on its PE Ratio (50x) compared to the Hong Kong market (11.1x).


Price to Earnings Growth Ratio

PEG Ratio: 694 is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: 694 is overvalued based on its PB Ratio (0.8x) compared to the HK Infrastructure industry average (0.6x).


Next Steps

Future Growth

How is Beijing Capital International Airport forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

74.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 694's forecast earnings growth (74.9% per year) is above the savings rate (1.6%).

Earnings vs Market: 694's earnings (74.9% per year) are forecast to grow faster than the Hong Kong market (22.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 694's revenue (17.2% per year) is forecast to grow faster than the Hong Kong market (13.3% per year).

High Growth Revenue: 694's revenue (17.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 694's Return on Equity is forecast to be low in 3 years time (4.5%).


Next Steps

Past Performance

How has Beijing Capital International Airport performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 694 has high quality earnings.

Growing Profit Margin: 694's current net profit margins (5.3%) are lower than last year (23.6%).


Past Earnings Growth Analysis

Earnings Trend: 694's earnings have grown by 4.6% per year over the past 5 years.

Accelerating Growth: 694's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 694 had negative earnings growth (-85.4%) over the past year, making it difficult to compare to the Infrastructure industry average (-7.2%).


Return on Equity

High ROE: 694's Return on Equity (1.7%) is considered low.


Next Steps

Financial Health

How is Beijing Capital International Airport's financial position?


Financial Position Analysis

Short Term Liabilities: 694's short term assets (CN¥3.4B) do not cover its short term liabilities (CN¥8.3B).

Long Term Liabilities: 694's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥2.6B).


Debt to Equity History and Analysis

Debt Level: 694's debt to equity ratio (13.3%) is considered satisfactory.

Reducing Debt: 694's debt to equity ratio has reduced from 68.6% to 13.3% over the past 5 years.

Debt Coverage: 694's debt is well covered by operating cash flow (59.7%).

Interest Coverage: 694's interest payments on its debt are well covered by EBIT (8.8x coverage).


Balance Sheet


Next Steps

Dividend

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

2.05%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 694's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 694's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 694's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 694's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 694 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 694's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Zhiliang Han (55 yo)

4.58yrs

Tenure

CN¥532,000

Compensation

Mr. Zhiliang Han has been General Manager of Beijing Capital International Airport Company Limited since March 22, 2016 and has been its Executive Director since August 25, 2016. Mr. Han has been the vice ...


CEO Compensation Analysis

Compensation vs Market: Zhiliang's total compensation ($USD80.00K) is below average for companies of similar size in the Hong Kong market ($USD614.03K).

Compensation vs Earnings: Zhiliang's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Xuesong Liu
Chairman6.33yrsno datano data
Zhiliang Han
GM & Executive Director4.58yrsCN¥532.00kno data
Zhiyong Li
Chief Financial Officer0.42yrno datano data
Qiang Du
Deputy General Manager3.33yrsno datano data
Weiyu Wang
Deputy General Manager3.33yrsno datano data
Ying Zhao
Deputy General Manager2.08yrsno datano data
Guoliang Zhang
Deputy GM & Executive Director0.33yrno datano data
Chung Kwan Mok
Joint Company Secretary3.92yrsno datano data
Xianwei Meng
Secretary to the Board2.58yrsno datano data

3.0yrs

Average Tenure

55yo

Average Age

Experienced Management: 694's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xuesong Liu
Chairman6.33yrsno datano data
Zhiliang Han
GM & Executive Director4.58yrsCN¥532.00kno data
Guoliang Zhang
Deputy GM & Executive Director0.33yrno datano data
An-Sheng Dong
Independent Supervisor6.33yrsCN¥100.00kno data
Shiqing Gao
Non-Executive Director15.33yrsno datano data
Guibin Liu
Independent Non-Executive Director9.33yrsCN¥150.00kno data
Ruiming Jiang
Independent Non-Executive Director9.33yrsCN¥150.00kno data
Jianqing Jia
Non-Executive Director0.33yrno datano data
Shengli Song
Chairman of Supervisory Committee4.33yrsCN¥143.00kno data
Jiali Zhang
Independent Non-Executive Director3.33yrsCN¥150.00kno data
Kun Song
Non-Executive Director0.33yrno datano data
Hon-Chung Hui
Independent Non-Executive Director0.33yrno datano data

4.3yrs

Average Tenure

56yo

Average Age

Experienced Board: 694's board of directors are considered experienced (4.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.7%.


Top Shareholders

Company Information

Beijing Capital International Airport Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Beijing Capital International Airport Company Limited
  • Ticker: 694
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Airport Services
  • Sector: Transportation
  • Market Cap: HK$22.667b
  • Shares outstanding: 4.58b
  • Website: https://www.bcia.com.cn

Number of Employees


Location

  • Beijing Capital International Airport Company Limited
  • Capital Airport
  • Beijing
  • Beijing Province
  • 100621
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
694SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDFeb 2000
BJ1DB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURFeb 2000
BJCH.FOTCPK (Pink Sheets LLC)YesForeign Shares-Foreign ListedUSUSDFeb 2000
694SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDFeb 2000
694SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDFeb 2000
BJCH.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDOct 2008

Biography

Beijing Capital International Airport Company Limited engages in the aeronautical and non-aeronautical businesses at the Beijing Capital Airport in the People’s Republic of China. The company’s aeronautica ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 12:34
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.