600297 Stock Overview
China Grand Automotive Services Group Co., Ltd.
China Grand Automotive Services Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥2.54|
|52 Week High||CN¥3.49|
|52 Week Low||CN¥2.31|
|1 Month Change||-1.55%|
|3 Month Change||-20.87%|
|1 Year Change||-24.18%|
|3 Year Change||-40.52%|
|5 Year Change||-60.41%|
|Change since IPO||-81.97%|
Recent News & Updates
|600297||CN Specialty Retail||CN Market|
Return vs Industry: 600297 underperformed the CN Specialty Retail industry which returned -6.2% over the past year.
Return vs Market: 600297 underperformed the CN Market which returned 8% over the past year.
|600297 Average Weekly Movement||4.5%|
|Specialty Retail Industry Average Movement||5.3%|
|Market Average Movement||6.1%|
|10% most volatile stocks in CN Market||9.9%|
|10% least volatile stocks in CN Market||3.5%|
Stable Share Price: 600297 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 600297's weekly volatility (5%) has been stable over the past year.
About the Company
China Grand Automotive Services Group Co., Ltd. operates as a luxury passenger car dealer in China. It offers new and used passenger cars and spare parts, as well as provides car rental, financial leasing, repair and maintenance, and after-sales services.
China Grand Automotive Services Group Fundamentals Summary
|600297 fundamental statistics|
Is 600297 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|600297 income statement (TTM)|
|Cost of Revenue||CN¥157.29b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.23|
|Net Profit Margin||1.07%|
How did 600297 perform over the long term?See historical performance and comparison
Is China Grand Automotive Services Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 600297 (CN¥2.54) is trading above our estimate of fair value (CN¥0.49)
Significantly Below Fair Value: 600297 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 600297 is good value based on its PE Ratio (11.2x) compared to the CN Specialty Retail industry average (21.8x).
PE vs Market: 600297 is good value based on its PE Ratio (11.2x) compared to the CN market (37x).
Price to Earnings Growth Ratio
PEG Ratio: 600297 is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: 600297 is good value based on its PB Ratio (0.5x) compared to the CN Specialty Retail industry average (1.8x).
How is China Grand Automotive Services Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600297's forecast earnings growth (25.1% per year) is above the savings rate (3.3%).
Earnings vs Market: 600297's earnings (25.1% per year) are forecast to grow slower than the CN market (25.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 600297's revenue (4.4% per year) is forecast to grow slower than the CN market (19.1% per year).
High Growth Revenue: 600297's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600297's Return on Equity is forecast to be low in 3 years time (6.9%).
How has China Grand Automotive Services Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600297 has high quality earnings.
Growing Profit Margin: 600297's current net profit margins (1.1%) are higher than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: 600297's earnings have declined by 13.3% per year over the past 5 years.
Accelerating Growth: 600297's earnings growth over the past year (9.9%) exceeds its 5-year average (-13.3% per year).
Earnings vs Industry: 600297 earnings growth over the past year (9.9%) underperformed the Specialty Retail industry 11.3%.
Return on Equity
High ROE: 600297's Return on Equity (4.8%) is considered low.
How is China Grand Automotive Services Group's financial position?
Financial Position Analysis
Short Term Liabilities: 600297's short term assets (CN¥72.5B) exceed its short term liabilities (CN¥65.9B).
Long Term Liabilities: 600297's short term assets (CN¥72.5B) exceed its long term liabilities (CN¥16.8B).
Debt to Equity History and Analysis
Debt Level: 600297's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: 600297's debt to equity ratio has reduced from 167.9% to 116.6% over the past 5 years.
Debt Coverage: 600297's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 600297's interest payments on its debt are not well covered by EBIT (2.5x coverage).
What is China Grand Automotive Services Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 600297's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 600297'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 600297's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 600297's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 600297 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 600297's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Xinming Wang (48 yo)
Mr. Xinming Wang has been the President and Executive Director of Grand Baoxin Auto Group Limited since June 21, 2016. Mr. Wang has been the President of CGA since May 2016. He serves as President and Dire...
Experienced Board: 600297's board of directors are considered experienced (4.5 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China Grand Automotive Services Group Co., Ltd.'s employee growth, exchange listings and data sources
- Name: China Grand Automotive Services Group Co., Ltd.
- Ticker: 600297
- Exchange: SHSE
- Founded: NaN
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: CN¥20.420b
- Shares outstanding: 8.04b
- Website: https://www.chinagrandauto.com
Number of Employees
- China Grand Automotive Services Group Co., Ltd.
- No. 3998, Hongyu Road
- Hongqiao Town
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/06 15:48|
|End of Day Share Price||2021/12/06 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.