On the evening of January 20, 2024, Huaxia Airlines issued an announcement:
It is intended to sell 100%equity of Huaxia Education to at 604 million yuan.
Because Huaxia Airlines actual controller and chairman Hu Xiaojun is also the actual controller of Huaxia Yunyi.
That is to say, this time is Hu Xiajuns company bought Huaxia Education from a listed company.
Then lets analyze what is the meaning of Huaxia Airlines. Is it good or bad for Huaxia Airlines? 1. Why sell Huaxia Education?
Huaxia Education is actually equivalent to the training center of Huaxia Airlines.Training work.
In fact, most airlines have similar training centers, mainly to undertake the training of the company. When the capacity is free, there are some outside outside.Training services.
Setting such a training center, of course, it is necessary because it can ensure that your training work can be carried out smoothly, but most of them are also micro -profit state. So why did Huaxia Airlines sell Huaxia Education?
Brother Wing believes that there are three main reasons: First, Huaxia Airlines can concentrate, focus on air passenger freight business, and make every effortGo to improve the capacity of production and operation and operation and management.
Huaxia Airlines also said: This move is to further focus on the companys domestic and international aviation customer cargoThe main business of transportation optimizes the industrial structure and resource allocation.
The second is that it has little impact on performance. According to the announcement of the letter, Huaxia Educations annual revenue is about 1 billion yuan, selling the company, which has little impact on Huaxia Airlines performance.
Two, 600 million yuan: Huaxia education is expensive, is it cheap?
So many people will ask, is Huaxia education cheap or expensive? According to the financial statements of Huaxia Education, as of the end of 2023, net assets were 468 million yuan, the price was 604 million yuan, an appreciation of 136 million yuan, and the value -added rate was 29.1%.
It is a good for Huaxia Airlines current performance.
Asset evaluation companies adopt two evaluation methods for it.
One is the evaluation of asset basic law.
Evaluate by the Basic Law of Assets, Huaxia Education Net assets have a book value of RMB 45,532,200, the evaluation value is RMB 54,729,300, and the value of value is 91.970 million yuan.The value -added rate was 20.20%.
One is the income method assessment.
After evaluation of the income method, Huaxia Education equity value is 604.426 million yuan, a value of 45,532,26,200 yuan from the book assets of 45.9098 million yuan, and the value -added rate is 32.75%.
Both methods have achieved value -added, and Huaxia Airlines finally adopted a high evaluation method.
Of course there is a market law, but there are very few companies in the market, and it is difficult to target.
In fact, in the evaluation, it also fully considers Huaxia Education to implement contracts, customer resources, sales networks, potential projects, corporate qualifications, human resources, product research and development capabilities in Resource value , also considering that Huaxia Education has various training qualifications, flight training centers, and faculty flight experience .
Of course, no matter what kind of evaluation plan, it has achieved value -added for listed companies, which is beneficial to listed companies.
Wing Brother believes:
This also fully reflects the actual controller of Huaxia Airlines.Some interests support the development of listed companies with real cash.
From this perspective, Huaxia Airlines shareholders are still worthy of praise!
