Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells Isuzu trucks in the People's Republic of China. More Details
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Qingling Motors's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1122 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 1122's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 1122 underperformed the Hong Kong Auto industry which returned 114.6% over the past year.
Return vs Market: 1122 underperformed the Hong Kong Market which returned 27.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Qingling Motors's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of Qingling Motors Co., Ltd. (HKG:1122) Shares?
1 month ago | Simply Wall StHere's What We Make Of Qingling Motors' (HKG:1122) Returns On Capital
2 months ago | Simply Wall StA Look At Qingling Motors' (HKG:1122) Share Price Returns
Is Qingling Motors 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: 1122 (HK$1.81) is trading above our estimate of fair value (HK$1.04)
Significantly Below Fair Value: 1122 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1122 is good value based on its PE Ratio (12.4x) compared to the HK Auto industry average (12.6x).
PE vs Market: 1122 is poor value based on its PE Ratio (12.4x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1122's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1122 is good value based on its PB Ratio (0.5x) compared to the HK Auto industry average (0.7x).
How is Qingling Motors forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Qingling Motors 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.
How has Qingling Motors performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1122 has high quality earnings.
Growing Profit Margin: 1122's current net profit margins (5.9%) are lower than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: 1122's earnings have declined by 10.6% per year over the past 5 years.
Accelerating Growth: 1122's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1122 had negative earnings growth (-12.7%) over the past year, making it difficult to compare to the Auto industry average (38%).
Return on Equity
High ROE: 1122's Return on Equity (3.8%) is considered low.
How is Qingling Motors's financial position?
Financial Position Analysis
Short Term Liabilities: 1122's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 1122's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥39.9M).
Debt to Equity History and Analysis
Debt Level: 1122 is debt free.
Reducing Debt: 1122 has not had any debt for past 5 years.
Debt Coverage: 1122 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1122 has no debt, therefore coverage of interest payments is not a concern.
What is Qingling Motors's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1122's dividend (6.63%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.91%).
High Dividend: 1122's dividend (6.63%) is in the top 25% of dividend payers in the Hong Kong market (6.05%)
Stability and Growth of Payments
Stable Dividend: 1122's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1122's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (82.5%), 1122's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shuichi Hayashi (62 yo)
Mr. Shuichi Hayashi has been Executive Director, Vice Chairman and General Manager of Qingling Motors Co., Ltd. since May 30, 2018.
CEO Compensation Analysis
Compensation vs Market: Shuichi's total compensation ($USD85.58K) is below average for companies of similar size in the Hong Kong market ($USD302.75K).
Compensation vs Earnings: Shuichi's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: 1122's management team is considered experienced (3 years average tenure).
Experienced Board: 1122's board of directors are considered experienced (6 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Qingling Motors Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Qingling Motors Co., Ltd.
- Ticker: 1122
- Exchange: SEHK
- Founded: 1946
- Industry: Automobile Manufacturers
- Sector: Automobiles
- Market Cap: HK$4.543b
- Shares outstanding: 2.48b
- Website: https://www.qingling.com.cn
Number of Employees
- Qingling Motors Co., Ltd.
- 1 Xiexing Cun
- Zhong Liang Shan
Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells Isuzu trucks in the People's Republic of China. The company offers light, medium, and heavy-duty trucks; pick-up trucks; and mu...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 10:11|
|End of Day Share Price||2021/05/06 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.