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← CockpitCompetitor Analysis › 0694.HK Beijing Capital International Airport Co., Ltd. Class HOpen in the cockpit ↗

Beijing Capital International Airport Co., Ltd. Class H0694.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Industrials›Other Transportation
Momentum strong 63
Mkt cap
$914M
US dollars, full cap
Free float
85%
of shares outstanding
$/day
$1.21M
20-day average traded
Fwd P/E
183.1×
forward earnings
ROIC−WACC
-6.1 pp
WACC 6.1%
Hurdle
+32 pp
Req g minus delivered
Next earnings
140 days
26 Mar 2027
Close · HKDHK$1.56
1D-1.6%
1W+13.4%
1M+11.8%
3M-7.4%
6M-20.6%
YTD-43.3%
1Y-44.9%
ATR %3.8%
52w lowhigh47.7% off high

What Beijing Capital International Airport does

Employees: 1,496

Beijing Capital International Airport at a glance

Size Beijing Capital International Airport (0694.HK) is a Hong Kong Industrials company (Other Transportation) with a market value of $914M, the 617th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.56 on 6 Nov 2026.

Performance Over six months the shares fell 20.6%, against -10.5% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue grew 5.9% over the last twelve months (peer median +4.3%); the operating margin is 0.0% (peer median 13.3%).

Valuation It trades at 183.1× forward earnings against a peer median of 14.4× (most expensive of 9).

Price implies For today's price to make sense, revenue must grow about 41% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +32 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 6.1 points below its cost of capital (6.1% WACC).

Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).

Relative performance

70809010011 May 202611 Aug 20266 Nov 2026Peer median 890694.HK 80
Six months, rebased to 100: Beijing Capital International Airport against the median of its 20 peers (local-currency closes).

Beijing Capital International Airport financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$6.36BHK$6.11BHK$5.95BHK$5.04BHK$2.59B
Revenue growth—+3%+18%+94%—
Gross profitHK$466MHK$288MHK$81.7M-HK$997M-HK$3.51B
EBITDAHK$1.72BHK$1.43BHK$1.25BHK$150M-HK$2.45B
Net income-HK$491M-HK$683M-HK$1.51B-HK$1.87B-HK$4.10B
Free cash flowHK$1.48BHK$927M-HK$553M-HK$1.22B-HK$2.50B
Capital expenditureHK$557MHK$601MHK$458MHK$324MHK$604M
Total debtn/aHK$12.7BHK$12.4BHK$11.9BHK$11.0B

Quarterly statements and history in the cockpit →

Beijing Capital International Airport competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-30%-20%-10%0%+10%0%+10%600897301339002023S61600368601518000900603128600611000557000755SVI90906011881052600326000507903100620694.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Beijing Capital International Airport is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%+30%0×100×600897301339S61603128909010526003260694.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Beijing Capital International Airport is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%600897301339002023S61601518000900603128600611000557SVI60032600620694.HKGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Beijing Capital International Airport is the large dot.

Beijing Capital International Airport competitors and peer comparison

How Beijing Capital International Airport compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Beijing Capital International Airport against its 20 peers (data as of 6 Nov 2026)
Measure0694.HKPeer medianRank in peer set
1-month return+11.8%-1.0%2nd highest of 21
6-month return-20.6%-10.5%4th lowest of 21
Distance from 52-week high-47.7%-23.9%2nd lowest of 21
Revenue growth (TTM)+5.9%+4.3%10th highest of 21
Operating margin0.0%13.3%3rd lowest of 21
Forward P/E183.1×14.4×most expensive of 9
Growth the price implies (Req g, 7 yrs)40.5%0.1%most demanding of 18
Growth delivered (Del g)+8.7%+7.4%7th highest of 18
Hurdle (Req g minus delivered)+31.8 pp-7.7 pp2nd most demanding of 18
ROIC minus cost of capital-6.1 pp-1.2 pp2nd lowest of 20
EV / EBITDA10.0×9.3×3rd most expensive of 8
Net debt / EBITDA5.9×2.5×2nd most indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Beijing Capital International Airport 0694.HKHong Kong$914M-21%+6%0%183.1×40.5%+8.7%
Xiamen International Airport 600897.SSChina$892M-12%+33%28%12.1×-16.5%+11.4%
Jiangsu Tongxingbao Intelligent Transportation Tech 301339.SZChina$948M-17%+9%20%13.8×-4.9%+17.9%
Sichuan Haite High-Tech 002023.SZChina$948M-31%+14%-28%n/a31.4%+10.4%
SBS Transit S61.SISingapore$866M-2%+2%4%19.0×-10.6%+4.3%
Guangxi Wuzhou Communications 600368.SSChina$1.01B+8%-40%48%n/an/an/a
Jilin Expressway 601518.SSChina$822M-1%-13%48%n/a-20.5%+10.0%
Xiandai Investment 000900.SZChina$822M-14%-6%20%n/a2.8%-14.7%
CTS International Logistics 603128.SSChina$1.02B-5%+15%3%15.0×-5.1%+5.0%
Dazhong Transportation (Group) 600611.SSChina$1.02B-12%-12%-9%n/a5.8%-3.3%
Ningxia Western Venture Industrial 000557.SZChina$807M-21%+7%9%n/a0.2%+8.3%
Shanxi Hi-speed 000755.SZChina$1.07B-3%+3%47%n/a-7.2%+8.4%
StorageVault Canada SVI.TOCanada$1.09B-4%+9%23%n/a21.9%+16.6%
Jiangsu Lianyungang Port 601008.SSChina$765M-13%+5%15%n/a1.9%+9.7%
AZ-COM Maruwa 9090.TJapan$760M-1%+9%5%15.2×n/an/a
Heilongjiang Transport Development 601188.SSChina$746M+13%-4%27%n/a0.4%+7.0%
Yuexiu Transport Infrastructure 1052.HKHong Kong$699M-19%+9%36%6.2×0.1%+7.4%
Xizang Tianlu 600326.SSChina$1.24B-35%-8%0%26.3×24.9%-13.0%
Zhuhai Port 000507.SZChina$638M-9%0%12%n/a-2.0%+4.5%
Nishi-Nippon Railroad 9031.TJapan$1.37B0%+10%7%9.0×n/an/a
Transport International 0062.HKHong Kong$592M-16%+1%6%n/a-8.6%+6.4%

Questions

Which companies are Beijing Capital International Airport's closest peers?
The cockpit's peer set: Xiamen International Airport (600897.SS), Jiangsu Tongxingbao Intelligent Transportation Tech (301339.SZ), Sichuan Haite High-Tech (002023.SZ), SBS Transit (S61.SI), Guangxi Wuzhou Communications (600368.SS), Jilin Expressway (601518.SS), Xiandai Investment (000900.SZ), CTS International Logistics (603128.SS).
Is Beijing Capital International Airport expensive compared with its peers?
On forward p/e it trades at 183.1× against a peer median of 14.4×, most expensive of 9 in its peer set. For today's price to make sense, revenue must grow about 41% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +32 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Beijing Capital International Airport stock performed?
Over six months to 6 Nov 2026 the shares returned -20.6% against -10.5% for the median peer; over one year -44.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.