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China First Capital Group

SEHK:1269
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1269
SEHK
HK$13B
Market Cap
  1. Home
  2. HK
  3. Automobiles
Company description

China First Capital Group Limited, an investment holding company, engages in the automotive parts, education operation, and financial services businesses in the People’s Republic of China, Hong Kong, Singapore, Italy, and internationally. The last earnings update was 90 days ago. More info.


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  • China First Capital Group has significant price volatility in the past 3 months.
1269 Share Price and Events
7 Day Returns
5.2%
SEHK:1269
0.5%
HK Auto Components
-0.7%
HK Market
1 Year Returns
-52.9%
SEHK:1269
-24.1%
HK Auto Components
-5.7%
HK Market
1269 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China First Capital Group (1269) 5.2% 5.2% -27.2% -52.9% 111.7% 478.6%
HK Auto Components 0.5% -0.1% -18% -24.1% -1.5% 20.7%
HK Market -0.7% -0.9% -8.1% -5.7% 16.3% -0.3%
1 Year Return vs Industry and Market
  • 1269 underperformed the Auto Components industry which returned -24.1% over the past year.
  • 1269 underperformed the Market in Hong Kong which returned -5.7% over the past year.
Price Volatility
1269
Industry
5yr Volatility vs Market

1269 Value

 Is China First Capital Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China First Capital Group. This is due to cash flow or dividend data being unavailable. The share price is HK$2.43.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China First Capital Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China First Capital Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1269 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.28
SEHK:1269 Share Price ** SEHK (2019-07-23) in HKD HK$2.43
SEHK:1269 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥2.14
Hong Kong Auto Components Industry PE Ratio Median Figure of 21 Publicly-Listed Auto Components Companies 10.58x
Hong Kong Market PE Ratio Median Figure of 1,512 Publicly-Listed Companies 10.66x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China First Capital Group.

SEHK:1269 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1269 Share Price ÷ EPS (both in CNY)

= 2.14 ÷ -0.28

-7.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China First Capital Group is loss making, we can't compare its value to the HK Auto Components industry average.
  • China First Capital Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does China First Capital Group's expected growth come at a high price?
Raw Data
SEHK:1269 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.6x
Hong Kong Market PEG Ratio Median Figure of 481 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for China First Capital Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China First Capital Group's assets?
Raw Data
SEHK:1269 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.55
SEHK:1269 Share Price * SEHK (2019-07-23) in HKD HK$2.43
SEHK:1269 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥2.14
Hong Kong Auto Components Industry PB Ratio Median Figure of 26 Publicly-Listed Auto Components Companies 1.31x
Hong Kong Market PB Ratio Median Figure of 2,198 Publicly-Listed Companies 0.92x
SEHK:1269 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1269 Share Price ÷ Book Value per Share (both in CNY)

= 2.14 ÷ 0.55

3.9x

* Primary Listing of China First Capital Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China First Capital Group is overvalued based on assets compared to the HK Auto Components industry average.
X
Value checks
We assess China First Capital Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. China First Capital Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1269 Future Performance

 How is China First Capital Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 China First Capital Group 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.4%
Expected Auto Components industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China First Capital Group expected to grow at an attractive rate?
  • Unable to compare China First Capital Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China First Capital Group's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare China First Capital Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1269 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1269 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1269 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 1,811 -58 -1,387
2018-09-30 1,865 -292 -1,018
2018-06-30 1,919 -526 -649
2018-03-31 1,892 -551 -475
2017-12-31 1,865 -576 -302
2017-09-30 1,812 -947 -89
2017-06-30 1,760 -1,317 125
2017-03-31 1,617 -1,060 152
2016-12-31 1,474 -802 179
2016-09-30 1,384 -342 113
2016-06-30 1,294 117 47
2016-03-31 1,191 74 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China First Capital Group is high growth as no earnings estimate data is available.
  • Unable to determine if China First Capital Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1269 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China First Capital Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1269 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.28
2018-09-30 -0.21
2018-06-30 -0.13
2018-03-31 -0.10
2017-12-31 -0.07
2017-09-30 -0.02
2017-06-30 0.03
2017-03-31 0.04
2016-12-31 0.05
2016-09-30 0.04
2016-06-30 0.02
2016-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if China First Capital Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine China First Capital Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. China First Capital Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Automobiles companies here
  3. China First Capital Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess China First Capital Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China First Capital Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1269 Past Performance

  How has China First Capital Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China First Capital Group's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China First Capital Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare China First Capital Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare China First Capital Group's 1-year growth to the HK Auto Components industry average as it is not currently profitable.
Earnings and Revenue History
China First Capital Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China First Capital Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1269 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,810.80 -1,386.81 499.32 48.94
2018-09-30 1,864.99 -1,017.68 521.46 48.09
2018-06-30 1,919.19 -648.55 548.42 47.24
2018-03-31 1,892.22 -475.36 559.63 46.71
2017-12-31 1,865.25 -302.17 566.02 46.18
2017-09-30 1,812.46 -88.76 536.32 48.94
2017-06-30 1,759.67 124.65 506.62 51.69
2017-03-31 1,616.87 151.66 445.44 47.54
2016-12-31 1,474.06 178.66 384.27 43.40
2016-09-30 1,384.26 112.70 303.84 40.88
2016-06-30 1,294.47 46.73 223.41 38.37
2016-03-31 1,191.10 12.05 194.60 37.47
2015-12-31 1,087.74 -22.63 165.78 36.57
2015-09-30 1,022.91 -21.41 138.34 34.97
2015-06-30 958.09 -20.18 110.90 33.36
2015-03-31 894.40 -8.81 103.02 29.25
2014-12-31 830.70 2.56 95.13 25.14
2014-09-30 761.04 19.25 90.77 24.43
2014-06-30 691.37 35.94 86.40 23.72
2014-03-31 662.77 37.62 84.20 21.50
2013-12-31 634.17 39.30 81.99 19.28
2013-09-30 601.66 29.91 75.63 18.54
2013-06-30 569.15 20.53 69.27 17.79
2013-03-31 533.99 13.97 65.66 17.70
2012-12-31 498.83 7.42 62.06 17.60
2012-09-30 473.44 14.38 60.11 16.34

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if China First Capital Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if China First Capital Group has efficiently used its assets last year compared to the HK Auto Components industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if China First Capital Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess China First Capital Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China First Capital Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1269 Health

 How is China First Capital Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China First Capital Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China First Capital Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China First Capital Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China First Capital Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China First Capital Group Company Filings, last reported 6 months ago.

SEHK:1269 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3,340.17 3,764.39 2,547.88
2018-09-30 3,340.17 3,764.39 2,547.88
2018-06-30 3,585.39 3,981.50 3,061.46
2018-03-31 3,585.39 3,981.50 3,061.46
2017-12-31 3,461.79 3,625.54 3,555.09
2017-09-30 3,461.79 3,625.54 3,555.09
2017-06-30 3,877.01 2,518.53 3,280.16
2017-03-31 3,877.01 2,518.53 3,280.16
2016-12-31 3,109.83 1,516.16 2,832.98
2016-09-30 3,109.83 1,516.16 2,832.98
2016-06-30 1,219.26 584.97 794.20
2016-03-31 1,219.26 584.97 794.20
2015-12-31 754.04 502.76 402.93
2015-09-30 754.04 502.76 402.93
2015-06-30 382.07 529.79 42.15
2015-03-31 382.07 529.79 42.15
2014-12-31 389.37 493.25 86.76
2014-09-30 389.37 493.25 86.76
2014-06-30 399.48 467.55 65.14
2014-03-31 399.48 467.55 65.14
2013-12-31 386.86 431.65 52.40
2013-09-30 386.86 431.65 52.40
2013-06-30 363.70 448.86 181.96
2013-03-31 363.70 448.86 181.96
2012-12-31 281.54 346.15 26.30
2012-09-30 281.54 346.15 26.30
  • China First Capital Group's level of debt (112.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (111.6% vs 112.7% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • China First Capital Group has sufficient cash runway for more than 3 years based on current free cash flow.
  • China First Capital Group has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 23.3% each year.
X
Financial health checks
We assess China First Capital Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China First Capital Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1269 Dividends

 What is China First Capital Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from China First Capital Group dividends.
If you bought HK$2,000 of China First Capital Group shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate China First Capital Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China First Capital Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1269 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.1%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as China First Capital Group has not reported any payouts.
  • Unable to verify if China First Capital Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China First Capital Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China First Capital Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess China First Capital Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China First Capital Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China First Capital Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1269 Management

 What is the CEO of China First Capital Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Zhijun Zhao
COMPENSATION CN¥1,320,000
AGE 44
TENURE AS CEO 2 years
CEO Bio

Mr. Zhijun Zhao has been Co-Chief Executive Officer of China First Capital Group Limited since July 26, 2017. Mr. Zhao served as the Chief Executive Officer of China China First Capital Group Limited from May 22, 2011 to July 26, 2017. Mr. Zhao is principally responsible for leading the daily management of the business of the China Vehicle Components Technology Holdings Limited. He oversees the production process, sales, procurement, research and development, annual budgeting and financing matters and recruitment, as well as the strategic development of China Vehicle Components Technology Holdings Limited. Mr. Zhao joined China Vehicle Components Technology Holdings in 2005. Mr. Zhao has over five years of experience in finance and management in automobile shock absorber industry. He worked for office of the commissioners and general office of Zhengzhou of the China Securities Regulatory Commission from 1999 to 2002. In 2002, Mr. Zhao served as a General Manager of the sales department of Minsheng Securities, Nanyang branch. He has been an Executive Director of China First Capital Group Limited since May 22, 2011. Mr. Zhao graduated from Central South University with a Master Degree in Philosophy of Scientific Technology in 2004.

CEO Compensation
  • Zhijun's compensation has increased whilst company is loss making.
  • Zhijun's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the China First Capital Group management team in years:

2.7
Average Tenure
49
Average Age
  • The tenure for the China First Capital Group management team is about average.
Management Team

Wilson Sea

TITLE
Chairman of the Board
COMPENSATION
CN¥4M
AGE
55

Zhijun Zhao

TITLE
Co-CEO & Executive Director
COMPENSATION
CN¥1M
AGE
44
TENURE
2 yrs

Huanqiang Zhu

TITLE
Co-CEO & Executive Director
COMPENSATION
CN¥5M
AGE
49
TENURE
2 yrs

Haiting Yan

TITLE
Co-President
COMPENSATION
CN¥1M
AGE
56

Henry Hao

TITLE
Co-President

Hui Wang

TITLE
Chief Financial Officer
AGE
40
TENURE
3.6 yrs

Minwen Li

TITLE
Chief Operating Officer
AGE
51
TENURE
2.7 yrs

Qingrong He

TITLE
Deputy Chief Executive Officer
AGE
57
TENURE
3 yrs

Bin Zong

TITLE
Deputy Chief Executive Officer
AGE
42
TENURE
2.3 yrs

Bo Sun

TITLE
Deputy Chief Executive Officer
AGE
45
TENURE
4.5 yrs
Board of Directors Tenure

Average tenure and age of the China First Capital Group board of directors in years:

5.5
Average Tenure
45
Average Age
  • The tenure for the China First Capital Group board of directors is about average.
Board of Directors

Wilson Sea

TITLE
Chairman of the Board
COMPENSATION
CN¥4M
AGE
55
TENURE
8.3 yrs

Zhijun Zhao

TITLE
Co-CEO & Executive Director
COMPENSATION
CN¥1M
AGE
44
TENURE
8.2 yrs

Huanqiang Zhu

TITLE
Co-CEO & Executive Director
COMPENSATION
CN¥5M
AGE
49
TENURE
1.4 yrs

Peleus Chu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥231K
AGE
55
TENURE
7.8 yrs

Song Wang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥125K
AGE
32
TENURE
1.1 yrs

Hua Li

TITLE
Non-Executive Director
COMPENSATION
CN¥205K
AGE
37
TENURE
3.3 yrs

Xiaotang Du

TITLE
Independent Non-Executive Director
AGE
45
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess China First Capital Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China First Capital Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1269 News

Simply Wall St News

Is China First Capital Group (HKG:1269) Using Too Much Debt?

See our latest analysis for China First Capital Group What Is China First Capital Group's Net Debt? … SEHK:1269 Historical Debt, July 10th 2019 How Strong Is China First Capital Group's Balance Sheet? … Because it carries more debt than cash, we think it's worth watching China First Capital Group's balance sheet over time.

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Do Insiders Own Shares In China First Capital Group Limited (HKG:1269)?

A look at the shareholders of China First Capital Group Limited (HKG:1269) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' China First Capital Group has a market capitalization of HK$13b, so we would expect some institutional investors to have noticed the stock. … Check out our latest analysis for China First Capital Group SEHK:1269 Ownership Summary, May 24th 2019 What Does The Institutional Ownership Tell Us About China First Capital Group?

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How China First Capital Group Limited (HKG:1269) Can Impact Your Portfolio Volatility

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … To use beta as an investor, you must first understand that the overall market has a beta of one. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Can You Imagine How Ecstatic China First Capital Group's (HKG:1269) Shareholders Feel About Its 1038% Share Price Increase?

To wit, the China First Capital Group Limited (HKG:1269) share price has soared 1038% over five years. … Because China First Capital Group is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … For the last half decade, China First Capital Group can boast revenue growth at a rate of 23% per year.

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Are Insiders Buying China First Capital Group Limited (HKG:1269) Stock?

So we'll take a look at whether insiders have been buying or selling shares in China First Capital Group Limited (HKG:1269). … China First Capital Group Insider Transactions Over The Last Year. … Over the last year, we can see that the biggest insider sale was by Jingyan Wang for HK$1b worth of shares, at about HK$4.00 per share.

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Do Insiders Own Lots Of Shares In China First Capital Group Limited (HKG:1269)?

If you want to know who really controls China First Capital Group Limited (HKG:1269), then you'll have to look at the makeup of its share registry. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … With a market capitalization of HK$21b, China First Capital Group is a decent size, so it is probably on the radar of institutional investors.

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How Financially Strong Is China First Capital Group Limited (HKG:1269)?

Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as China First Capital Group Limited (HKG:1269), with a market capitalization of HK$19b, rarely draw their attention from the investing community. … Don’t forget that this is a general and concentrated examination of China First Capital Group’s financial health, so you should conduct further analysis. … View our latest analysis for China First Capital Group

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How Much Are China First Capital Group Limited (HKG:1269) Insiders Spending On Buying Shares?

So we'll take a look at whether insiders have been buying or selling shares in China First Capital Group Limited (HKG:1269). … The Last 12 Months Of Insider Transactions At China First Capital Group. … That means that even when the share price was higher, an insider wanted to purchase shares.

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Does Market Volatility Impact China First Capital Group Limited's (HKG:1269) Share Price?

If you're interested in China First Capital Group Limited (HKG:1269), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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Should You Be Concerned About China First Capital Group Limited's (HKG:1269) Shareholders?

In this analysis, my focus will be on developing a perspective on China First Capital Group Limited’s (HKG:1269) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … See our latest analysis for China First Capital Group

Simply Wall St -

1269 Company Info

Description

China First Capital Group Limited, an investment holding company, engages in the automotive parts, education operation, and financial services businesses in the People’s Republic of China, Hong Kong, Singapore, Italy, and internationally. It researches, develops, manufactures, and sells automobile shock absorber and suspension system products to the automobile market of original automobile manufacturers and the secondary market of the automobile industry. The company also provides financial services, such as dealing in securities, underwriting and placing of securities, financing consultancy, merger and acquisition agency, financial advisory, asset management, private equity fund management, credit financing, franchising, and overseas education/migration financial services. In addition, it offers schooling services, including kindergarten, and academic and vocational education services, as well as management and consultancy services to educational institutions. Further, it engages in the educational investment and property development businesses. The company was formerly known as China Vehicle Components Technology Holdings Limited and changed its name to China First Capital Group Limited in September 2015. The company was founded in 1951 and is headquartered in Central, Hong Kong.

Details
Name: China First Capital Group Limited
1269
Exchange: SEHK
Founded: 1951
HK$12,919,112,440
5,026,892,000
Website: http://www.cfcg.com.hk
Address: China First Capital Group Limited
The Centre,
45th Floor,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1269 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 23. Nov 2011
SHSC 1269 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 23. Nov 2011
SZSC 1269 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 23. Nov 2011
Number of employees
Current staff
Staff numbers
4,114
China First Capital Group employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/23 12:51
End of day share price update: 2019/07/23 00:00
Last earnings filing: 2019/04/24
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.