China Zenix Auto International Limited
Financial ratios & Valuation

Historical Multiples (2012 – 2020)

2012 2013 2014 2015 2016 2017 2018 2019 2020 TTM Median
Valuation Ratios
Price/Earnings ratio
3.633.494.04-11.72-13.8237.10-44.46-3.42-0.84-0.46-12.77
Price/Sales ratio
0.350.210.090.130.150.110.110.140.190.190.14
Price/Book Value ratio
0.570.320.120.130.140.130.130.140.160.240.13
Price/Cash Flow ratio
1.462.873.151.142.00-3.681.225.70-1.87-1.27-0.84
Price/Free Cash Flow ratio
2.663.695.961.642.39-2.641.27-3.39-1.36-1.23-0.12
Price/Earnings Growth ratio
-0.13-0.09-0.060.081.52-0.270.24-0.00-0.000.000.62
Dividend Yield
1.48%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
25.21%20.79%17.67%14.87%17.22%13.47%11.74%9.13%-3.84%-13.24%15.35%
Operating Profit Margin
12.80%7.40%2.64%-1.48%-0.29%1.46%0.51%-3.53%-25.87%N/A-0.89%
Pretax Profit Margin
11.46%7.24%2.93%-1.23%-1.13%0.58%-0.22%-4.51%-27.25%-37.03%-0.27%
Net Profit Margin
9.67%6.11%2.37%-1.16%-1.15%0.31%-0.25%-4.20%-22.55%-41.81%-0.41%
Effective Tax Rate
15.60%15.58%19.09%5.20%-1.37%44.94%-13.81%6.87%17.25%-12.91%21.78%
Return on Assets
8.73%5.40%1.91%-0.74%-0.67%0.23%-0.21%-2.99%-12.63%-28.24%-0.21%
Return On Equity
15.86%9.25%3.05%-1.11%-1.02%0.35%-0.31%-4.30%-19.61%-42.37%-0.33%
Return on Capital Employed
20.18%10.82%3.28%-1.37%-0.25%1.56%0.61%-3.49%-21.69%N/A-0.81%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A1.18N/A
Quick Ratio
0.940.891.241.461.561.641.861.841.470.981.60
Cash ratio
0.590.440.380.690.730.620.850.920.580.420.67
Days of Sales Outstanding
60.3274.3777.8178.8792.8289.4770.3468.0295.99101.2985.84
Days of Inventory outstanding
47.5747.8450.8031.8927.1926.5222.5920.8817.9434.7329.54
Operating Cycle
107.89122.21128.61110.76120.02116.0092.9488.91113.9359.70118.01
Days of Payables Outstanding
7.67102.309.1910.8222.8211.6311.5611.2711.3884.4516.82
Cash Conversion Cycle
100.2219.91119.4299.9497.19104.3781.3877.63102.5425.40100.78
Debt Ratios
Debt Ratio
0.440.410.120.140.140.140.120.150.170.450.14
Debt Equity Ratio
0.810.710.190.210.210.210.180.220.270.820.21
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/A0.180.160.170.180.170.150.180.21N/A0.17
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/A0.500.190.520.32-0.160.610.11-0.32N/A0.07
Company Equity Multiplier
1.811.711.591.491.521.511.461.441.551.821.50
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.230.070.030.120.07-0.030.090.02-0.10-0.150.02
Free Cash Flow / Operating Cash Flow Ratio
0.550.770.520.690.831.390.96-1.681.371.030.76
Cash Flow Coverage Ratio
N/A0.500.190.520.32-0.160.610.11-0.32N/A0.07
Short Term Coverage Ratio
1.280.500.190.520.32-0.160.610.11-0.32-0.490.07
Dividend Payout Ratio
5.38%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A