OSEBX1,423.56+0.84%
EQNR284.60+4.20%
DNB198.35-1.15%
MOWI172.80+0.45%
Brent$71.24-0.32%
EUR/USD1.0824-0.14%
DXY104.18+0.08%
INDICATIVE · SAMPLE DATA
2169$0.5856

Canggang Railway Ltd

Ground Freight & LogisticsVerified

Canggang Railway maintains a market price of 0.58 CNY per share, with a market capitalization of 2.32 billion CNY. The company's price-to-earnings ratio is 40.08, and its price-to-book ratio is 2.85, indicating a premium valuation relative to its book value. The enterprise value to EBITDA ratio is 26.39, and the enterprise value to revenue ratio is 9.87, suggesting a moderate valuation in relation to its revenue base. The company's profitability is reflected in a return on equity of 7.11% and a return on assets of 3.94%. These figures are below the typical thresholds for high-performing industrial firms, indicating that the company is generating returns, but not at a level that would be considered exceptional within its industry. Canggang Railway's revenue is concentrated in the domestic market, with operations divided into two segments: Railway Freight Transportation and Ancillary Services. The Railway Freight Transportation segment is the primary revenue driver, while the Ancillary Services segment provides additional income through cargo handling and freight forwarding. The company's geographic exposure is limited to the domestic market, which may reduce diversification benefits. Looking ahead, the company is projected to experience a growth trajectory based on its current financial performance and outlook. The company's revenue is expected to grow in the next fiscal year, although the exact percentage is not specified. The company's historical revenue growth and current financial position suggest a stable, if not aggressive, growth path. The company faces a medium liquidity risk, as indicated by a current ratio of 1.07, which is slightly above 1 but not significantly so. The debt-to-equity ratio is 0.65, suggesting a moderate level of leverage. However, the company's net cash position is negative after subtracting total debt, which could pose a risk to its liquidity. The dilution risk is assessed as low, with no immediate pressure for share issuance. Recent events and filings have not indicated any significant changes in the company's operations or financial strategy. The company's recent financial performance and risk profile remain consistent with its historical trends. No major regulatory or operational disruptions have been reported in the latest filings.

30-day price · 2169-0.05 (-8.5%)
Low$0.53High$0.60Close$0.54As of21 May, 00:00 UTC
Profile
CompanyCanggang Railway Ltd
Ticker2169.HK
SectorIndustrials
BusinessTransportation
Industry groupTransportation
IndustryGround Freight & Logistics
AI analysis

Business. Canggang Railway Limited operates in the rail freight transportation and ancillary services sector, generating revenue primarily through freight railway operations and railway yard services in the domestic market.

Classification. Canggang Railway is classified under the industry "Ground Freight & Logistics" within the "Transportation" business sector, with a confidence level of 0.92 based on verified market data.

Canggang Railway maintains a market price of 0.58 CNY per share, with a market capitalization of 2.32 billion CNY. The company's price-to-earnings ratio is 40.08, and its price-to-book ratio is 2.85, indicating a premium valuation relative to its book value. The enterprise value to EBITDA ratio is 26.39, and the enterprise value to revenue ratio is 9.87, suggesting a moderate valuation in relation to its revenue base. The company's profitability is reflected in a return on equity of 7.11% and a return on assets of 3.94%. These figures are below the typical thresholds for high-performing industrial firms, indicating that the company is generating returns, but not at a level that would be considered exceptional within its industry. Canggang Railway's revenue is concentrated in the domestic market, with operations divided into two segments: Railway Freight Transportation and Ancillary Services. The Railway Freight Transportation segment is the primary revenue driver, while the Ancillary Services segment provides additional income through cargo handling and freight forwarding. The company's geographic exposure is limited to the domestic market, which may reduce diversification benefits. Looking ahead, the company is projected to experience a growth trajectory based on its current financial performance and outlook. The company's revenue is expected to grow in the next fiscal year, although the exact percentage is not specified. The company's historical revenue growth and current financial position suggest a stable, if not aggressive, growth path. The company faces a medium liquidity risk, as indicated by a current ratio of 1.07, which is slightly above 1 but not significantly so. The debt-to-equity ratio is 0.65, suggesting a moderate level of leverage. However, the company's net cash position is negative after subtracting total debt, which could pose a risk to its liquidity. The dilution risk is assessed as low, with no immediate pressure for share issuance. Recent events and filings have not indicated any significant changes in the company's operations or financial strategy. The company's recent financial performance and risk profile remain consistent with its historical trends. No major regulatory or operational disruptions have been reported in the latest filings.
Key takeaways
  • Canggang Railway is valued at a premium to book value, with a price-to-book ratio of 2.85.
  • The company's return on equity is 7.11%, which is moderate for the industrial sector.
  • Revenue is concentrated in the domestic market, with limited geographic diversification.
  • The company faces a medium liquidity risk due to a current ratio of 1.07 and a negative net cash position.
  • The company's growth trajectory is expected to be stable, with no immediate dilution pressure.
  • --
  • ## RATIONALES
  • ```json
Financial snapshot
PeriodHA-latest
CurrencyCNY
Revenue$278.2M
Gross profit$204.6M
Operating income$104.0M
Net income$57.9M
R&D
SG&A
D&A
SBC
Operating cash flow
CapEx
Free cash flow
Total assets$1.47B
Total liabilities$654.8M
Total equity$813.8M
Cash & equivalents$108.0M
Long-term debt$533.0M
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0
FY-1
FY-2
FY-3
FY-4
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0
FY-1
FY-2
FY-3
FY-4
PeriodOCFCapExFCFSBC
FY0
FY-1
FY-2
FY-3
FY-4
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price$0.58
Market cap$2.32B
Enterprise value$2.74B
P/E40.1
Reported non-GAAP P/E
EV/Revenue9.9
EV/Op income26.4
EV/OCF
P/B2.9
P/Tangible book2.9
Tangible book$813.8M
Net cash-$424.9M
Current ratio1.1
Debt/Equity0.7
ROA3.9%
ROE7.1%
Cash conversion
CapEx/Revenue
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Transportation · cohort 3 companies
Metric2169Activity
Op margin37.4%2.0% medp25 1.1% · p75 3.8%top quartile
Net margin20.8%0.5% medp25 -0.3% · p75 2.1%top quartile
Gross margin73.6%24.2% medp25 13.8% · p75 46.1%top quartile
CapEx / revenue2.5% medp25 1.7% · p75 3.3%
Debt / equity65.0%101.8% medp25 72.1% · p75 123.1%bottom quartile
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-04 16:46 UTC#7b224a44
Market quoteclose CNY 0.58 · shares 4.00B diluted
no public URL
2026-05-04 16:46 UTC#7c6c2f4a
Source: analysis-pipeline (hybrid)Generated: 2026-05-04 16:48 UTCJob: cf679f13