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2662

Beijing WKW Automotive PartsLtdSZSE:002662 Stock Report

Market Cap

CN¥6.1b

7D

-3.3%

1Y

-10.5%

Updated

28 Nov, 2021

Data

Company Financials
2662 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

2662 Stock Overview

Beijing WKW Automotive Parts Co.,Ltd. manufactures and sells automotive interior and exterior trim systems in China.

Rewards

PE ratio (30x) is below the CN market (37x)

Became profitable this year

Risk Analysis

No risks detected for 2662 from our risk checks.

Beijing WKW Automotive PartsLtd Competitors

Minth Group

SEHK:425

HK$41.9b

Price History & Performance

Summary of all time highs, changes and price drops for Beijing WKW Automotive PartsLtd
Historical stock prices
Current Share PriceCN¥4.08
52 Week HighCN¥4.60
52 Week LowCN¥2.98
Beta0.67
1 Month Change9.38%
3 Month Change2.26%
1 Year Change-10.53%
3 Year Change5.97%
5 Year Change-50.52%
Change since IPO-23.67%

Recent News & Updates

Shareholder Returns

2662CN Auto ComponentsCN Market
7D-3.3%1.9%0.6%
1Y-10.5%19.3%9.0%

Return vs Industry: 002662 underperformed the CN Auto Components industry which returned 19.3% over the past year.

Return vs Market: 002662 underperformed the CN Market which returned 9% over the past year.

Price Volatility

Is 2662's price volatile compared to industry and market?
2662 volatility
2662 Average Weekly Movement5.9%
Auto Components Industry Average Movement6.3%
Market Average Movement6.2%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market3.5%

Stable Share Price: 002662 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 002662's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20026,734Jing Yu Lihttps://www.beijing-wkw.com

Beijing WKW Automotive Parts Co.,Ltd. manufactures and sells automotive interior and exterior trim systems in China. It offers audio decorative strip, ashtray cover, center console interior parts and strips, door handle decorative frame, center console decorative parts, dash boards, inner decorative strips, interior decorative door frame, dashboard electroplating, and decorative rings, as well as integrated services.

Beijing WKW Automotive PartsLtd Fundamentals Summary

How do Beijing WKW Automotive PartsLtd's earnings and revenue compare to its market cap?
2662 fundamental statistics
Market CapCN¥6.12b
Earnings (TTM)CN¥204.06m
Revenue (TTM)CN¥3.81b

30.0x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2662 income statement (TTM)
RevenueCN¥3.81b
Cost of RevenueCN¥2.86b
Gross ProfitCN¥957.90m
ExpensesCN¥753.83m
EarningsCN¥204.06m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin25.11%
Net Profit Margin5.35%
Debt/Equity Ratio16.8%

How did 2662 perform over the long term?

See historical performance and comparison

Valuation

Is Beijing WKW Automotive PartsLtd undervalued compared to its fair value and its price relative to the market?

29.99x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002662 (CN¥4.08) is trading above our estimate of fair value (CN¥3.14)

Significantly Below Fair Value: 002662 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002662 is good value based on its PE Ratio (30x) compared to the CN Auto Components industry average (44.4x).

PE vs Market: 002662 is good value based on its PE Ratio (30x) compared to the CN market (37x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002662's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002662 is good value based on its PB Ratio (1.8x) compared to the CN Auto Components industry average (2.9x).


Future Growth

How is Beijing WKW Automotive PartsLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.9%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Beijing WKW Automotive PartsLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Beijing WKW Automotive PartsLtd performed over the past 5 years?

-43.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002662 has high quality earnings.

Growing Profit Margin: 002662 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 002662 has become profitable over the past 5 years, growing earnings by -43.9% per year.

Accelerating Growth: 002662 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 002662 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (7.8%).


Return on Equity

High ROE: 002662's Return on Equity (5.9%) is considered low.


Financial Health

How is Beijing WKW Automotive PartsLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 002662's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: 002662's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥29.0M).


Debt to Equity History and Analysis

Debt Level: 002662's net debt to equity ratio (7%) is considered satisfactory.

Reducing Debt: 002662's debt to equity ratio has reduced from 68.7% to 16.8% over the past 5 years.

Debt Coverage: 002662's debt is well covered by operating cash flow (109.9%).

Interest Coverage: 002662 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Beijing WKW Automotive PartsLtd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002662's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002662's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 002662's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002662's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002662 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002662's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

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

1.5yrs

Average board tenure


CEO

Jing Yu Li

no data

Tenure

CN¥828,000

Compensation

Mr. Jing Yu Li has been the Chairman at Beijing WKW Automotive Parts Co., Ltd. since Aug 26, 2004 and serves as its General Manager. Mr. Li is a Legal representative of Beijing Zhonghuan Investment Manage...


Board Members

Experienced Board: 002662's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


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

Beijing WKW Automotive Parts Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Beijing WKW Automotive Parts Co.,Ltd.
  • Ticker: 2662
  • Exchange: SZSE
  • Founded: 2002
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: CN¥6.120b
  • Shares outstanding: 1.50b
  • Website: https://www.beijing-wkw.com

Number of Employees


Location

  • Beijing WKW Automotive Parts Co.,Ltd.
  • 1501, Building 7
  • 15th Floor
  • Beijing
  • 100162
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/28 09:03
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.