SHSE:600741

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HUAYU Automotive Systems

Executive Summary

HUAYU Automotive Systems Company Limited researches and develops, manufactures, and sells automotive parts worldwide. More Details


Snowflake Analysis

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

How has HUAYU Automotive Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600741 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 600741's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

1.6%

600741

2.7%

CN Auto Components

1.4%

CN Market


1 Year Return

27.6%

600741

46.3%

CN Auto Components

32.9%

CN Market

Return vs Industry: 600741 underperformed the CN Auto Components industry which returned 46.3% over the past year.

Return vs Market: 600741 underperformed the CN Market which returned 32.9% over the past year.


Shareholder returns

600741IndustryMarket
7 Day1.6%2.7%1.4%
30 Day20.3%9.9%3.8%
90 Day41.9%9.0%-0.9%
1 Year32.7%27.6%48.9%46.3%35.2%32.9%
3 Year38.9%21.9%0.06%-5.2%19.3%13.5%
5 Year164.0%110.5%-11.3%-17.3%11.0%3.6%

Long-Term Price Volatility Vs. Market

How volatile is HUAYU Automotive Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is HUAYU Automotive Systems undervalued compared to its fair value and its price relative to the market?

22.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600741 (CN¥33.58) is trading above our estimate of fair value (CN¥6.64)

Significantly Below Fair Value: 600741 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600741 is good value based on its PE Ratio (22.8x) compared to the CN Auto Components industry average (39.8x).

PE vs Market: 600741 is good value based on its PE Ratio (22.8x) compared to the CN market (39.1x).


Price to Earnings Growth Ratio

PEG Ratio: 600741 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 600741 is good value based on its PB Ratio (2.1x) compared to the CN Auto Components industry average (2.6x).


Next Steps

Future Growth

How is HUAYU Automotive Systems forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

18.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600741's forecast earnings growth (18.6% per year) is above the savings rate (3.3%).

Earnings vs Market: 600741's earnings (18.6% per year) are forecast to grow slower than the CN market (24.2% per year).

High Growth Earnings: 600741's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600741's revenue (8.2% per year) is forecast to grow slower than the CN market (18% per year).

High Growth Revenue: 600741's revenue (8.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600741's Return on Equity is forecast to be low in 3 years time (12.1%).


Next Steps

Past Performance

How has HUAYU Automotive Systems performed over the past 5 years?

1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600741 has high quality earnings.

Growing Profit Margin: 600741's current net profit margins (3.6%) are lower than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: 600741's earnings have grown by 1.1% per year over the past 5 years.

Accelerating Growth: 600741's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600741 had negative earnings growth (-29.6%) over the past year, making it difficult to compare to the Auto Components industry average (6.9%).


Return on Equity

High ROE: 600741's Return on Equity (10.8%) is considered low.


Next Steps

Financial Health

How is HUAYU Automotive Systems's financial position?


Financial Position Analysis

Short Term Liabilities: 600741's short term assets (CN¥85.4B) exceed its short term liabilities (CN¥72.1B).

Long Term Liabilities: 600741's short term assets (CN¥85.4B) exceed its long term liabilities (CN¥12.8B).


Debt to Equity History and Analysis

Debt Level: 600741's debt to equity ratio (23.8%) is considered satisfactory.

Reducing Debt: 600741's debt to equity ratio has increased from 17.9% to 23.8% over the past 5 years.

Debt Coverage: 600741's debt is well covered by operating cash flow (76.6%).

Interest Coverage: 600741 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is HUAYU Automotive Systems's current dividend yield, its reliability and sustainability?

2.53%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600741's dividend (2.53%) is higher than the bottom 25% of dividend payers in the CN market (0.36%).

High Dividend: 600741's dividend (2.53%) is in the top 25% of dividend payers in the CN market (1.62%)


Stability and Growth of Payments

Stable Dividend: 600741's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600741's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (57.8%), 600741's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 600741's dividends in 3 years are forecast to be well covered by earnings (40.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average board tenure


CEO

Haitao Zhang (61 yo)

no data

Tenure

CN¥755,400

Compensation

Mr. Haitao Zhang has been Deputy Chairman of the Board at YAPP Automotive Systems Co., Ltd. since June 2011. Mr. Zhang serves as the General Manager of HUAYU Automotive Systems Company Limited (HASCO). He ...


Board Members

NamePositionTenureCompensationOwnership
Haitao Zhang
GM & Directorno dataCN¥755.40kno data
Qiwei Mao
Secretary of the Board of Directors & Directorno dataCN¥1.16mno data
Hong Chen
Chairman of the Board of Directors8.5yrsno datano data
Weijiong Zhang
Directorno dataCN¥100.00kno data
Ruiqing Shao
Independent Director5.5yrsCN¥100.00kno data
Lang Hui Zhou
Chairman of the Supervisory Board5.5yrsno datano data
Rongen Zhu
Directorno dataCN¥100.00kno data
Dongyue Jiang
Employee Representative Member of the Supervisory Boardno dataCN¥1.10mno data
Li Xin Zhong
Employee Representative Director5.5yrsno datano data
Jun Zhang
Independent Director5.5yrsCN¥100.00kno data
Yan De Yin
Independent Director5.5yrsCN¥100.00kno data
Xiaoqiu Wang
Vice Chairman of the Boardno datano datano data

5.5yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 600741's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

HUAYU Automotive Systems Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HUAYU Automotive Systems Company Limited
  • Ticker: 600741
  • Exchange: SHSE
  • Founded: 1992
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: CN¥104.008b
  • Shares outstanding: 3.15b
  • Website: https://www.hasco-group.com

Number of Employees


Location

  • HUAYU Automotive Systems Company Limited
  • No. 489 Weihai Road
  • Shanghai
  • 200041
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600741SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYAug 1996
600741XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYAug 1996

Biography

HUAYU Automotive Systems Company Limited researches and develops, manufactures, and sells automotive parts worldwide. The company offers intelligent driving and vision products, and smart cabins; electric ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/23 14:54
End of Day Share Price2020/11/20 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.