2865 Stock Overview
Hainan Drinda New Energy Technology Co., Ltd.
Hainan Drinda New Energy Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥188.00|
|52 Week High||CN¥218.04|
|52 Week Low||CN¥27.58|
|1 Month Change||21.59%|
|3 Month Change||92.66%|
|1 Year Change||476.16%|
|3 Year Change||1,092.14%|
|5 Year Change||712.45%|
|Change since IPO||1,342.82%|
Recent News & Updates
|2865||CN Auto Components||CN Market|
Return vs Industry: 002865 exceeded the CN Auto Components industry which returned 1.3% over the past year.
Return vs Market: 002865 exceeded the CN Market which returned -18.4% over the past year.
|2865 Average Weekly Movement||11.8%|
|Auto Components Industry Average Movement||7.2%|
|Market Average Movement||5.8%|
|10% most volatile stocks in CN Market||9.2%|
|10% least volatile stocks in CN Market||3.8%|
Stable Share Price: 002865 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 002865's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
Hainan Drinda New Energy Technology Co., Ltd. designs, researches, develops, produces, and markets automotive interior and exterior trims. It offers dashboards, bumpers, door guards, and other trims.
Hainan Drinda New Energy Technology Fundamentals Summary
|2865 fundamental statistics|
Is 2865 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2865 income statement (TTM)|
|Cost of Revenue||CN¥6.09b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.91|
|Net Profit Margin||1.93%|
How did 2865 perform over the long term?See historical performance and comparison
Is 2865 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2865?
Other financial metrics that can be useful for relative valuation.
|What is 2865's n/a Ratio?|
Price to Sales Ratio vs Peers
How does 2865's PS Ratio compare to its peers?
|2865 PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
603305 Ningbo Xusheng Auto Technology
002850 Shenzhen Kedali Industry
603348 Wencan GroupLtd
002472 Zhejiang Shuanghuan Driveline
002865 Hainan Drinda New Energy Technology
Price-To-Sales vs Peers: 002865 is good value based on its Price-To-Sales Ratio (4x) compared to the peer average (4.7x).
Price to Earnings Ratio vs Industry
How does 2865's PE Ratio compare vs other companies in the CN Auto Components Industry?
Price-To-Sales vs Industry: 002865 is expensive based on its Price-To-Sales Ratio (4x) compared to the CN Auto Components industry average (2.7x)
Price to Sales Ratio vs Fair Ratio
What is 2865's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||4x|
|Fair PS Ratio||2.9x|
Price-To-Sales vs Fair Ratio: 002865 is expensive based on its Price-To-Sales Ratio (4x) compared to the estimated Fair Price-To-Sales Ratio (2.9x).
Share Price vs Fair Value
What is the Fair Price of 2865 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 002865 (CN¥188) is trading above our estimate of fair value (CN¥161.17)
Significantly Below Fair Value: 002865 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Hainan Drinda New Energy Technology forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score6/6
Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002865's forecast earnings growth (54.6% per year) is above the savings rate (3.2%).
Earnings vs Market: 002865's earnings (54.6% per year) are forecast to grow faster than the CN market (25.9% per year).
High Growth Earnings: 002865's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002865's revenue (31.2% per year) is forecast to grow faster than the CN market (18.2% per year).
High Growth Revenue: 002865's revenue (31.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002865's Return on Equity is forecast to be high in 3 years time (35.2%)
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How has Hainan Drinda New Energy Technology performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002865 has high quality earnings.
Growing Profit Margin: 002865 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 002865's earnings have declined by 39.8% per year over the past 5 years.
Accelerating Growth: 002865 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002865 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (-23.1%).
Return on Equity
High ROE: 002865's Return on Equity (12.3%) is considered low.
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How is Hainan Drinda New Energy Technology's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 002865's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.7B).
Long Term Liabilities: 002865's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002865 has more cash than its total debt.
Reducing Debt: 002865's debt to equity ratio has increased from 15.1% to 40.5% over the past 5 years.
Debt Coverage: 002865's debt is well covered by operating cash flow (69.5%).
Interest Coverage: 002865 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Hainan Drinda New Energy Technology current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
|Hainan Drinda New Energy Technology Dividend Yield vs Market|
|Company (Hainan Drinda New Energy Technology)||0%|
|Market Bottom 25% (CN)||0.5%|
|Market Top 25% (CN)||2.1%|
|Industry Average (Auto Components)||1.8%|
|Analyst forecast in 3 Years (Hainan Drinda New Energy Technology)||0.5%|
Notable Dividend: Unable to evaluate 002865's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 002865'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 002865's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 002865's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 002865 is not paying a notable dividend for the CN market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 002865 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Xiaohong Lu (56 yo)
Ms. Xiaohong Lu is Chairman & General Manager of Hainan Drinda New Energy Technology Co., Ltd. (formerly known as Hainan Drinda Automotive Trim Co., Ltd). She was Non-Independent Director of Hainan Drinda...
Experienced Board: 002865's board of directors are considered experienced (3.9 years average tenure).
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Hainan Drinda New Energy Technology Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Hainan Drinda New Energy Technology Co., Ltd.
- Ticker: 2865
- Exchange: SZSE
- Founded: 2003
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: CN¥28.008b
- Shares outstanding: 141.52m
- Website: https://www.drinda.com.cn
Number of Employees
- Hainan Drinda New Energy Technology Co., Ltd.
- Haikou Free Trade Zone
- No. 168 Nanhai Avenue
- Hainan Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2865||SZSE (Shenzhen Stock Exchange)||Yes||Domestic Shares||CN||CNY||Apr 2017|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/30 00:00|
|End of Day Share Price||2022/09/30 00:00|
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.