DB:2XK

Stock Analysis Report

Shanghai Dongzheng Automotive Finance

Executive Summary

Shanghai Dongzheng Automotive Finance Co., Ltd.

Snowflake

Fundamentals

Good value with reasonable growth potential.

Risks

  • Shanghai Dongzheng Automotive Finance is covered by less than 3 analysts.

Share Price & News

How has Shanghai Dongzheng Automotive Finance's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.7%

DB:2XK

-0.08%

DE Consumer Finance

0.2%

DE Market


1 Year Return

n/a

DB:2XK

-25.1%

DE Consumer Finance

-10.0%

DE Market

No trading data on 2XK.

No trading data on 2XK.


Share holder returns

2XKIndustryMarket
7 Day2.7%-0.08%0.2%
30 Day-16.3%-5.6%-3.3%
90 Dayn/a-9.1%-3.9%
1 Yearn/a-22.2%-25.1%-7.1%-10.0%
3 Yearn/a-32.7%-46.2%11.3%1.7%
5 Yearn/a-12.8%-38.5%25.8%8.4%

Price Volatility Vs. Market

How volatile is Shanghai Dongzheng Automotive Finance's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shanghai Dongzheng Automotive Finance undervalued based on future cash flows and its price relative to the stock market?

25%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Shanghai Dongzheng Automotive Finance's share price is below the future cash flow value, and at a moderate discount (> 20%).

Shanghai Dongzheng Automotive Finance's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Shanghai Dongzheng Automotive Finance is good value based on earnings compared to the Europe Consumer Finance industry average.

Shanghai Dongzheng Automotive Finance is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Shanghai Dongzheng Automotive Finance, we can't assess if its growth is good value.


Price Based on Value of Assets

Shanghai Dongzheng Automotive Finance is good value based on assets compared to the Europe Consumer Finance industry average.


Next Steps

Future Growth

How is Shanghai Dongzheng Automotive Finance expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

10.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Shanghai Dongzheng Automotive Finance's revenue is expected to grow significantly at over 20% yearly.

Shanghai Dongzheng Automotive Finance's earnings are expected to grow by 10.8% yearly, however this is not considered high growth (20% yearly).

Shanghai Dongzheng Automotive Finance's revenue growth is expected to exceed the Germany market average.

Shanghai Dongzheng Automotive Finance's earnings growth is positive but not above the Germany market average.

Shanghai Dongzheng Automotive Finance's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Shanghai Dongzheng Automotive Finance is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Shanghai Dongzheng Automotive Finance performed over the past 5 years?

73.5%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient data to establish if Shanghai Dongzheng Automotive Finance's year on year earnings growth rate was positive over the past 5 years.

Unable to compare Shanghai Dongzheng Automotive Finance's 1-year earnings growth to the 5-year average due to insufficient past data.

Shanghai Dongzheng Automotive Finance's earnings growth has exceeded the Europe Consumer Finance industry average in the past year (73.5% vs 7.2%).


Return on Equity

Shanghai Dongzheng Automotive Finance has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Shanghai Dongzheng Automotive Finance used its assets more efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Shanghai Dongzheng Automotive Finance improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Shanghai Dongzheng Automotive Finance's financial position?


Financial Position Analysis

Shanghai Dongzheng Automotive Finance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Shanghai Dongzheng Automotive Finance's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Shanghai Dongzheng Automotive Finance's level of debt (248.2%) compared to net worth is high (greater than 40%).

Unable to establish if Shanghai Dongzheng Automotive Finance's debt level has increased without past 5-year debt data.

Debt is not well covered by operating cash flow (8.8%, less than 20% of total debt).

Unable to confirm if the interest payments on Shanghai Dongzheng Automotive Finance's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.5x debt.


Next Steps

Dividend

What is Shanghai Dongzheng Automotive Finance's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Shanghai Dongzheng Automotive Finance's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Shanghai Dongzheng Automotive Finance's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Shanghai Dongzheng Automotive Finance has not reported any payouts.

Unable to verify if Shanghai Dongzheng Automotive Finance's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Shanghai Dongzheng Automotive Finance has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Shanghai Dongzheng Automotive Finance's dividends in 3 years as they are not expected to pay a notable one for Germany.


Next Steps

Management

What is the CEO of Shanghai Dongzheng Automotive Finance's salary, the management and board of directors tenure and is there insider trading?


CEO

Shanghai Dongzheng Automotive Finance has no CEO, or we have no data on them.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Fan Lin

    Executive Director

    • Tenure: 0.0yrs
  • Yongjun Shao

    Executive Director

    • Tenure: 0.0yrs

Board Members

  • Yanjun Liang (47yo)

    Independent non-executive Director

    • Tenure: 0.0yrs
  • Zheying Lin (54yo)

    Independent non-executive Director

    • Tenure: 0.0yrs
  • Anders Lau (63yo)

    Independent Non-executive Director

    • Tenure: 0.0yrs
  • Fan Lin

    Executive Director

    • Tenure: 0.0yrs
  • Yongjun Shao

    Executive Director

    • Tenure: 0.0yrs
  • Tee Choong Koh

    Non-executive Director

    • Tenure: 0.0yrs
  • Guozhou Li (53yo)

    Non-Executive Director

    • Tenure: 0.3yrs

Company Information

Shanghai Dongzheng Automotive Finance Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Dongzheng Automotive Finance Co., Ltd.
  • Ticker: 2XK
  • Exchange: DB
  • Founded: 2015
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: HK$4.408b
  • Listing Market Cap: HK$506.493m
  • Shares outstanding: 2.14b
  • Website: https://www.dongzhengafc.com

Number of Employees


Location

  • Shanghai Dongzheng Automotive Finance Co., Ltd.
  • Mirae Asset Tower
  • Unit ABC
  • Shanghai
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2718SEHK (The Stock Exchange of Hong Kong Ltd.)YesDomestic SharesHKHKDApr 2019
2XKDB (Deutsche Boerse AG)YesDomestic SharesDEEURApr 2019

Biography

Shanghai Dongzheng Automotive Finance Co., Ltd. operates as an auto finance company in the People’s Republic of China. The company operates through Retail Business, Dealer’s Loan Business, and Others segme ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 22:40
End of Day Share Price2019/08/19 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.