FAW Jiefang Group - Free Cash Generation

FAW Jiefang Group made a net profit of CNY 1,967 mil with revenues of CNY 40,454 mil in 2Q2020, up by 124% and up by 36.2%, respectively, compared to the previous year. This translates into a net margin of 4.86%.

On the operating level, EBITDA reached CNY 1,816 mil, up 29.2% compared to the previous year. Over the last five years, the company's EBITDA has risen 37.2% a year on average.

The company generated cash, defined by a sum of net profit and depreciation, of CNY 2,692 mil or 6.65% of sales. When investments are excluded, free cash flow reached CNY 8,321 mil, or 20.6% of sales in 2Q2020.

In the last five years, the company generated free cash flow of CNY 9,547 mil. That compares to a cumulative net profit of CNY 2,529 mil in the same period.

You can see all the company’s data at FAW Jiefang Group profile, or you can download a report on the company in the report section.