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Dongfeng Motor Group

Dongfeng's net profit fell 64.7% yoy to CNY 1,509 mil in 2Q2020

By Helgi Library - September 28, 2020

Dongfeng Motor Group made a net profit of CNY 1,509 mil with revenues of CNY 25,288 mil in 2Q2020, down by 64.7% and up b...

Dongfeng's Cash & Cash Equivalents remain unchanged yoy at CNY mil in 2Q2020

By Helgi Library - October 12, 2020

Dongfeng Motor Group's total assets reached CNY 291,966 mil at the end of 2Q2020, up 21.8% compared to the previous year. ...

Dongfeng's Sales rose 3.82% yoy to CNY 25,288 mil in 2Q2020

By Helgi Library - September 28, 2020

Dongfeng Motor Group generated sales of CNY 25,288 mil in 2Q2020, up 3.82% compared to the previous year. Historically, bet...

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Dongfeng's Total Cash From Operations rose 230% yoy to CNY 2,225 mil in 2Q2020

By Helgi Library - September 28, 2020

Dongfeng Motor Group's operating cash flow stood at CNY 2,225 mil in 2Q2020, up 230% when compared to the previous year. Historically, between 1Q2002 - 2Q2020, the firm’s operating cash flow reached a high of CNY 6,441 mil in 3Q2010 and a low of CNY -4...

Dongfeng's net profit fell 0.932% yoy to CNY 12,858 mil in 2019

By Helgi Library - September 28, 2020

Dongfeng Motor Group made a net profit of CNY 12,858 mil with revenues of CNY 101,087 mil in 2019, down by 0.932% and down by 3.31%, respectively, compared to the previous year. This translates into a net margin of 12.7%. On the operating level, EBITDA re...

Dongfeng's employees fell 2.19% yoy to 136,549 in 2019

By Helgi Library - September 28, 2020

Dongfeng Motor Group employed 136,549 employees in 2019, down 2.19% compared to the previous year. Historically, between 2005 and 2019, the firm's workforce hit a high of 149,092 employees in 2016 and a low of 77,708 employees in 2005. Average person...

Dongfeng's price/earnings (P/E) rose 10.8% yoy to 4.55 in 2019

By Helgi Library - September 28, 2020

Dongfeng Motor Group stock traded at CNY 6.78 per share at the end 2019 translating into a market capitalization of USD 8,108 mil. Since the end of 2014, stock has depreciated by 18.1% representing an annual average growth of -3.92%. In absolute terms, ...

Dongfeng's ROCE fell 11.2% yoy to 9.80% in 2019

By Helgi Library - September 28, 2020

Dongfeng Motor Group made a net profit of CNY 12,858 mil in 2019, down 0.932% compared to the previous year. Historically, between 2002 and 2019, the company's net profit reached a high of CNY 14,061 mil in 2017 and a low of CNY 1,601 mil in 2005. The res...

Dongfeng's Cash & Cash Equivalents rose 57.3% yoy to CNY 45,861 mil in 2019

By Helgi Library - September 28, 2020

Dongfeng Motor Group's total assets reached CNY 272,000 mil at the end of 2019, up 20.1% compared to the previous year. Current assets amounted to CNY 142,104 mil, or 52.2% of total assets while cash stood at CNY 45,861 mil at the end of 20...

Dongfeng's Net Debt/EBITDA fell 75.7% yoy to 23.7 in 2019

By Helgi Library - September 28, 2020

Dongfeng Motor Group's net debt stood at CNY 26,919 mil and accounted for 20.1% of equity at the end of 2019. The ratio is up 6.55 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 31.4% in 2004 and a...

Dongfeng's Total Cash From Operations rose 129% yoy to CNY 2,857 mil in 2019

By Helgi Library - September 28, 2020

Dongfeng Motor Group's operating cash flow stood at CNY 2,857 mil in 2019, up 129% when compared to the previous year. Historically, between 2002 - 2019, the firm’s operating cash flow reached a high of CNY 21,162 mil in 2009 and a low of CNY -9,800 mi...

Dongfeng's Capital Expenditures fell 5.30% yoy to CNY 4,927 mil in 2019

By Helgi Library - September 28, 2020

Dongfeng Motor Group invested a total of CNY 4,927 mil in 2019, up 5.3% compared to the previous year. Historically, between 2009 - 2019, the company's investments stood at a high of CNY 6,939 mil in 2011 and a low of CNY 536 mil in 2012. ...

Dongfeng's Share Price rose 9.79% yoy to CNY 6.78 in 2019

By Helgi Library - September 28, 2020

Dongfeng Motor Group stock traded at CNY 6.78 per share at the end 2019 implying a market capitalization of USD 8,108 mil. Since the end of 2014, stock has appreciated by -18.1% implying an annual average growth of -3.92% In absolute terms, the value of the comp...

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Dongfeng Motor Group Co is one of two listed subsidiaries of the Dongfeng Motor Corporation (DMC). DMC is a Chinese state-owned automobile manufacturer headquartered in Wuhan, China. Along with Chang'an Motors, FAW Group, and SAIC Motor, Dongfeng belongs among the four largest car producers in China now. In 2012, it produced 3.76 mil of motor vehicles. In addition to commercial and consumer vehicles, it also manufactures parts and cooperates with foreign car makers. Counting four global automakers as partners, it has more Sino-foreign joint ventures than do most other Chinese automakers. These partnerships allow it to produce and sell a variety of foreign-branded products in China including those of Citroën, Honda, Kia, Peugeot, and Nissan. Other brand names associated with Dongfeng include Fengshen, Infiniti, Luxgen, and Venucia.

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Finance

Dongfeng Motor Group has been growing its sales by 3.99% a year on average in the last 5 years. EBITDA has fallen on average by 11.4% a year during that time to total of CNY 1,134 mil in 2019, or 1.12% of sales. That’s compared to 1.49% average margin seen in last five years.

The company netted CNY 12,858 mil in 2019 implying ROE of 9.93% and ROCE of 9.80%. Again, the average figures were 12.2% and 12.5%, respectively when looking at the previous 5 years.

Dongfeng Motor Group’s net debt amounted to CNY 26,919 mil at the end of 2019, or 20.1% of equity. When compared to EBITDA, net debt was 23.7x, down when compared to average of 24.6x seen in the last 5 years.

Valuation

Dongfeng Motor Group stock traded at CNY 6.78 per share at the end of 2019 resulting in a market capitalization of USD 8,108 mil. Over the previous five years, stock price fell by 18.1% or -3.92% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 73.1x and price to earnings (PE) of 4.55x as of 2019.