Upcoming Dividend • Jun 11
Upcoming dividend of HK$0.30 per share Eligible shareholders must have bought the stock before 18 June 2026. Payment date: 21 July 2026. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 12%. Within top quartile of Hong Kong dividend payers (7.0%). Higher than average of industry peers (3.7%). Announcement • Jun 04
Xin Point Holdings Limited Approves Final Dividend for the Year Ended December 31, 2025 Xin Point Holdings Limited at its annual general meeting held on June 4, 2026 approved to declare a final dividend of HKD 0.3 per share for the year ended December 31, 2025. Recent Insider Transactions Derivative • Jun 02
CEO & Executive Director exercised options to buy HK$474k worth of stock. On the 28th of May, Yumin Zhang exercised options to buy 107k shares at a strike price of around HK$3.45, costing a total of HK$369k. This transaction amounted to 27% of their direct individual holding at the time of the trade. Since December 2025, Yumin has owned 400.00k shares directly. Company insiders have collectively bought HK$1.9m more than they sold, via options and on-market transactions, in the last 12 months. Declared Dividend • Mar 28
Final dividend of HK$0.30 announced Shareholders will receive a dividend of HK$0.30. Ex-date: 18th June 2026 Payment date: 21st July 2026 Dividend yield will be 12%, which is higher than the industry average of 4.6%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 18% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 27
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: CN¥0.53 (down from CN¥0.56 in FY 2024). Revenue: CN¥3.15b (down 1.7% from FY 2024). Net income: CN¥529.3m (down 6.1% from FY 2024). Profit margin: 17% (in line with FY 2024). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Auto Components industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 27
Xin Point Holdings Limited, Annual General Meeting, Jun 04, 2026 Xin Point Holdings Limited, Annual General Meeting, Jun 04, 2026. Announcement • Mar 16
Xin Point Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Xin Point Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 Recent Insider Transactions Derivative • Nov 07
Chairman exercised options to buy HK$503k worth of stock. On the 4th of November, Xiaoming Ma exercised options to buy 128k shares at a strike price of around HK$3.45, costing a total of HK$442k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since December 2024, Xiaoming's direct individual holding has increased from 750.69m shares to 751.69m. Company insiders have collectively bought HK$35m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Oct 04
First half 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.32 in 1H 2024) First half 2025 results: EPS: CN¥0.24 (down from CN¥0.32 in 1H 2024). Revenue: CN¥1.56b (down 5.4% from 1H 2024). Net income: CN¥241.7m (down 25% from 1H 2024). Profit margin: 16% (down from 20% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 18
Upcoming dividend of HK$0.20 per share Eligible shareholders must have bought the stock before 25 September 2025. Payment date: 24 October 2025. Payout ratio and cash payout ratio are on the higher end at 97% and 80% respectively. Trailing yield: 12%. Within top quartile of Hong Kong dividend payers (6.6%). Higher than average of industry peers (2.0%). Declared Dividend • Sep 01
First half dividend of HK$0.20 announced Shareholders will receive a dividend of HK$0.20. Ex-date: 25th September 2025 Payment date: 24th October 2025 Dividend yield will be 12%, which is higher than the industry average of 4.6%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased by an average of 21% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 7.6% to bring the payout ratio under control, which is less than the 17% EPS growth achieved over the last 5 years. Reported Earnings • Sep 01
First half 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.32 in 1H 2024) First half 2025 results: EPS: CN¥0.24 (down from CN¥0.32 in 1H 2024). Revenue: CN¥1.56b (down 5.4% from 1H 2024). Net income: CN¥241.7m (down 25% from 1H 2024). Profit margin: 16% (down from 20% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 18
Xin Point Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025 Xin Point Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025 Recent Insider Transactions Derivative • Jun 25
Executive Director exercised options to buy HK$404k worth of stock. On the 19th of June, Jun Meng exercised options to buy 102k shares at a strike price of around HK$3.45, costing a total of HK$352k. This transaction amounted to 27% of their direct individual holding at the time of the trade. Since December 2024, Jun has owned 380.00k shares directly. Company insiders have collectively bought HK$34m more than they sold, via options and on-market transactions, in the last 12 months. Upcoming Dividend • Jun 19
Upcoming dividend of HK$0.30 per share Eligible shareholders must have bought the stock before 26 June 2025. Payment date: 21 July 2025. Payout ratio and cash payout ratio are on the higher end at 84% and 80% respectively. Trailing yield: 14%. Within top quartile of Hong Kong dividend payers (7.5%). Higher than average of industry peers (3.3%). Announcement • Jun 18
Xin Point Holdings Limited Approves Final Dividend for the Year Ended 31 December 2024, Payable on or About 21 July 2025 Xin Point Holdings Limited announced that at its AGM held on 18 June 2025, the shareholders approved final dividend of HKD 0.3 per share for the year ended 31 December 2024. The final dividend will be paid on or about 21 July 2025 to the Shareholders whose names are listed on the register of members of the company on 4 July 2025. Reported Earnings • May 04
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: CN¥0.56 (down from CN¥0.61 in FY 2023). Revenue: CN¥3.21b (up 3.4% from FY 2023). Net income: CN¥563.5m (down 7.2% from FY 2023). Profit margin: 18% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Auto Components industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 25
Chairman recently bought HK$3.0m worth of stock On the 17th of April, Xiaoming Ma bought around 1m shares on-market at roughly HK$3.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xiaoming has been a buyer over the last 12 months, purchasing a net total of HK$34m worth in shares. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$3.19, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Auto Components industry in Hong Kong. Total returns to shareholders of 108% over the past three years. Reported Earnings • Mar 28
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: CN¥0.56 (down from CN¥0.61 in FY 2023). Revenue: CN¥3.21b (up 3.4% from FY 2023). Net income: CN¥563.5m (down 7.2% from FY 2023). Profit margin: 18% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Auto Components industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Xin Point Holdings Limited, Annual General Meeting, Jun 18, 2025 Xin Point Holdings Limited, Annual General Meeting, Jun 18, 2025. Announcement • Mar 17
Xin Point Holdings Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Xin Point Holdings Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$3.94, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Auto Components industry in Hong Kong. Total returns to shareholders of 83% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$4.46, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Auto Components industry in Hong Kong. Total returns to shareholders of 108% over the past three years. Recent Insider Transactions • Nov 23
Chairman recently bought HK$31m worth of stock On the 22nd of November, Xiaoming Ma bought around 8m shares on-market at roughly HK$3.85 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Xiaoming's only on-market trade for the last 12 months. Reported Earnings • Sep 28
First half 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.26 in 1H 2023) First half 2024 results: EPS: CN¥0.32 (up from CN¥0.26 in 1H 2023). Revenue: CN¥1.65b (up 8.6% from 1H 2023). Net income: CN¥322.2m (up 22% from 1H 2023). Profit margin: 20% (up from 17% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 19
Upcoming dividend of HK$0.20 per share Eligible shareholders must have bought the stock before 26 September 2024. Payment date: 25 October 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 10%. Within top quartile of Hong Kong dividend payers (8.6%). Higher than average of industry peers (4.9%). Declared Dividend • Aug 26
First half dividend of announced Shareholders will receive a dividend of . Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 18% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 26
First half 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.26 in 1H 2023) First half 2024 results: EPS: CN¥0.32 (up from CN¥0.26 in 1H 2023). Revenue: CN¥1.65b (up 8.6% from 1H 2023). Net income: CN¥322.2m (up 22% from 1H 2023). Profit margin: 20% (up from 17% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Aug 22
Xin Point Holdings Limited Announces Interim Dividend for the Six Months Ended June 30, 2024, Payable on October 25, 2024 Xin Point Holdings Limited announced interim dividend for the six months ended June 30, 2024 is HKD 0.2 per share. Ex-dividend date is September 26, 2024. Record date is October 4, 2024. The dividend will be payable on October 25, 2024. Announcement • Aug 12
Xin Point Holdings Limited to Report First Half, 2024 Results on Aug 22, 2024 Xin Point Holdings Limited announced that they will report first half, 2024 results on Aug 22, 2024 Buy Or Sell Opportunity • Jul 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to HK$2.96. The fair value is estimated to be HK$3.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 23%. Buy Or Sell Opportunity • Jun 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.7% to HK$2.99. The fair value is estimated to be HK$3.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 23%. Buy Or Sell Opportunity • Jun 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.0% to HK$2.94. The fair value is estimated to be HK$3.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 23%. Announcement • Jun 05
Xin Point Holdings Limited Approves a Final Dividend for the Year Ended 31 December 2023 Xin Point Holdings Limited approved a final dividend of HKD 0.25 per share for the year ended 31 December 2023. Upcoming Dividend • Jun 04
Upcoming dividend of HK$0.25 per share Eligible shareholders must have bought the stock before 11 June 2024. Payment date: 12 July 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.0%). Declared Dividend • Mar 31
Final dividend of HK$0.25 announced Shareholders will receive a dividend of HK$0.25. Ex-date: 11th June 2024 Payment date: 12th July 2024 Dividend yield will be 11%, which is higher than the industry average of 4.6%. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend. Announcement • Mar 27
Xin Point Holdings Limited, Annual General Meeting, Jun 04, 2024 Xin Point Holdings Limited, Annual General Meeting, Jun 04, 2024. Reported Earnings • Mar 27
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: CN¥0.61 (up from CN¥0.43 in FY 2022). Revenue: CN¥3.10b (up 7.6% from FY 2022). Net income: CN¥607.4m (up 41% from FY 2022). Profit margin: 20% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Auto Components industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Mar 26
Xin Point Holdings Limited Proposes Ordinary Final Dividend for the Year Ended 31 December 2023, Payable on 12 July 2024 Xin Point Holdings Limited proposed ordinary final dividend of HKD 0.25 per share for the year ended 31 December 2023. Date of shareholders' approval is 04 June 2024; Ex-dividend date is 11 June 2024; Record date is 18 June 2024; Payment date is 12 July 2024. Buy Or Sell Opportunity • Mar 11
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to HK$3.13. The fair value is estimated to be HK$2.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Announcement • Mar 09
Xin Point Holdings Limited to Report Fiscal Year 2023 Results on Mar 20, 2024 Xin Point Holdings Limited announced that they will report fiscal year 2023 results on Mar 20, 2024 Upcoming Dividend • Sep 21
Upcoming dividend of HK$0.10 per share at 8.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of Hong Kong dividend payers (8.0%). Higher than average of industry peers (3.8%). Reported Earnings • Aug 19
First half 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.17 in 1H 2022) First half 2023 results: EPS: CN¥0.26 (up from CN¥0.17 in 1H 2022). Revenue: CN¥1.52b (up 16% from 1H 2022). Net income: CN¥263.7m (up 53% from 1H 2022). Profit margin: 17% (up from 13% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year. Announcement • Aug 18
Xin Point Holdings Limited Announces Ordinary Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2023, Payment Date 27 October 2023 Xin Point Holdings Limited announced Ordinary Interim (Semi-annual) dividend of HKD 0.1 per share for the six months ended 30 June 2023. Ex-dividend date 28 September 2023, Record date 06 October 2023 and Payment date 27 October 2023. Announcement • Aug 08
Xin Point Holdings Limited to Report First Half, 2023 Results on Aug 17, 2023 Xin Point Holdings Limited announced that they will report first half, 2023 results on Aug 17, 2023 New Risk • Jul 19
New major risk - Revenue and earnings growth Earnings have declined by 4.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.2% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Jun 02
Xin Point Holdings Limited Approves Final Dividend for the Year Ended 31 December 2022 Xin Point Holdings Limited at its AGM held on June 1, 2023 approved final dividend of HKD 0.14 per Share for the year ended 31 December 2022. Upcoming Dividend • Jun 01
Upcoming dividend of HK$0.14 per share at 7.6% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 10 July 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 7.6%. Lower than top quartile of Hong Kong dividend payers (7.9%). Higher than average of industry peers (3.5%). Recent Insider Transactions • May 30
Chairman recently bought HK$142k worth of stock On the 24th of May, Xiaoming Ma bought around 57k shares on-market at roughly HK$2.49 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.4m. Xiaoming has been a buyer over the last 12 months, purchasing a net total of HK$4.9m worth in shares. Recent Insider Transactions • Apr 13
Chairman recently bought HK$1.0m worth of stock On the 6th of April, Xiaoming Ma bought around 415k shares on-market at roughly HK$2.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xiaoming has been a buyer over the last 12 months, purchasing a net total of HK$4.8m worth in shares. Reported Earnings • Mar 30
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: CN¥0.43 (up from CN¥0.21 in FY 2021). Revenue: CN¥2.88b (up 25% from FY 2021). Net income: CN¥431.3m (up 100% from FY 2021). Profit margin: 15% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Auto Components industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 13
Xin Point Holdings Limited Provides Earnings Forecast for the Year Ended 31 December 2022 Xin Point Holdings Limited provided earnings forecast for the year ended 31 December 2022. For the period, the company expects to record a profit attributable to the owners of the parent of not less than RMB 420.0 million (2021: RMB 215.2 million) for the year ended 31 December 2022. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$2.73, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Auto Components industry in Hong Kong. Total returns to shareholders of 82% over the past three years. Recent Insider Transactions • Dec 08
Chairman & CEO recently bought HK$2.3m worth of stock On the 5th of December, Xiaoming Ma bought around 1m shares on-market at roughly HK$2.30 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xiaoming has been a buyer over the last 12 months, purchasing a net total of HK$4.6m worth in shares. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Non- Executive Director Weimin Gan was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 01
First half 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 1H 2021) First half 2022 results: EPS: CN¥0.17 (up from CN¥0.15 in 1H 2021). Revenue: CN¥1.31b (up 12% from 1H 2021). Net income: CN¥172.2m (up 14% from 1H 2021). Profit margin: 13% (in line with 1H 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Auto Components industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Upcoming Dividend • Sep 22
Upcoming dividend of HK$0.059 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Hong Kong dividend payers (8.5%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment deteriorated over the past week After last week's 30% share price decline to HK$2.17, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Auto Components industry in Hong Kong. Total returns to shareholders of 76% over the past three years. Reported Earnings • Aug 27
First half 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 1H 2021) First half 2022 results: EPS: CN¥0.17 (up from CN¥0.15 in 1H 2021). Revenue: CN¥1.31b (up 12% from 1H 2021). Net income: CN¥172.2m (up 14% from 1H 2021). Profit margin: 13% (in line with 1H 2021). Over the next year, revenue is forecast to grow 13%, compared to a 21% growth forecast for the Auto Components industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 26
Xin Point Holdings Limited Declares Interim Dividend for the Six Months Ended 30 June 2022 Payable on 28 October 2022 Xin Point Holdings Limited declared interim dividend of RMB 0.0513 per share for the six months ended 30 June 2022 payable on 28 October 2022. Record date is 07 October 2022. Ex-dividend date is 29 September 2022. Announcement • Aug 16
Xin Point Holdings Limited to Report Q2, 2022 Results on Aug 25, 2022 Xin Point Holdings Limited announced that they will report Q2, 2022 results on Aug 25, 2022 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 20% share price gain to HK$3.21, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Auto Components industry in Hong Kong. Total returns to shareholders of 137% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 22% share price gain to HK$2.43, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Auto Components industry in Hong Kong. Total returns to shareholders of 71% over the past three years. Announcement • May 31
Xin Point Holdings Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on 08 July 2022 Xin Point Holdings Limited approved final dividend RMB 0.0183 per share for the year ended 31 December 2021. Payment date is 08 July 2022, Record date is 14 June 2022 and Ex-dividend date is 07 June 2022. Upcoming Dividend • May 31
Upcoming dividend of CN¥0.018 per share Eligible shareholders must have bought the stock before 07 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (2.9%). Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 15% share price gain to HK$2.37, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Auto Components industry in Hong Kong. Total returns to shareholders of 38% over the past three years. Recent Insider Transactions • May 11
Chairman & CEO recently bought HK$120k worth of stock On the 5th of May, Xiaoming Ma bought around 59k shares on-market at roughly HK$2.03 per share. In the last 3 months, they made an even bigger purchase worth HK$244k. Xiaoming has been a buyer over the last 12 months, purchasing a net total of HK$1.1m worth in shares. Reported Earnings • Apr 28
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.21 (down from CN¥0.33 in FY 2020). Revenue: CN¥2.31b (up 12% from FY 2020). Net income: CN¥215.2m (down 35% from FY 2020). Profit margin: 9.3% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 32%. Over the next year, revenue is forecast to grow 13%, compared to a 21% growth forecast for the industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Apr 27
Xin Point Holdings Limited Proposes Dividend for the Year Ended 31 December 2021 Xin Point Holdings Limited proposed to declare a final dividend of RMB 0.0183 per share for the year ended 31 December 2021 at its AGM to be held on May 30, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non- Executive Director Weimin Gan was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Apr 13
Chairman & CEO recently bought HK$244k worth of stock On the 11th of April, Xiaoming Ma bought around 117k shares on-market at roughly HK$2.09 per share. This was the largest purchase by an insider in the last 3 months. Xiaoming has been a buyer over the last 12 months, purchasing a net total of HK$675k worth in shares. Recent Insider Transactions • Mar 29
Chairman & CEO recently bought HK$210k worth of stock On the 25th of March, Xiaoming Ma bought around 100k shares on-market at roughly HK$2.10 per share. This was the largest purchase by an insider in the last 3 months. This was Xiaoming's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 26% share price decline to HK$1.91, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Auto Components industry in Hong Kong. Total loss to shareholders of 13% over the past three years. Announcement • Mar 07
Xin Point Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021 Xin Point Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2021. The company is expected that, for fiscal year 2021, the profit for the year, which has the same meaning as stated in the Group's 2020 Annual Report, of the Group will experience a decrease ranging from approximately 30% to 40%, as compared to that for the year ended 31 December 2020. The above-mentioned expected decrease of profit for the year for fiscal year 2021 by the Group, among other things, is mainly due to: the increase in cost of sales due to commodity price increases and higher shipping prices; a decrease in the Group's overall gross profit margin as factory in Mexico still recorded operating losses for fiscal year 2021; continued appreciations of the Chinese RMB against both USD and EUR during fiscal year 2021 had impacts on the Group's profitability and a higher exchange loss figure is expected to be recorded for fiscal year 2021. there was an increase in income tax expense for fiscal year 2021 due to the increase in profit of certain subsidiaries. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 20% share price gain to HK$3.39, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Auto Components industry in Hong Kong. Total returns to shareholders of 56% over the past three years. Reported Earnings • Sep 30
First half 2021 earnings released: EPS CN¥0.15 (vs CN¥0.062 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CN¥1.16b (up 43% from 1H 2020). Net income: CN¥151.7m (up 142% from 1H 2020). Profit margin: 13% (up from 7.7% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat. Upcoming Dividend • Sep 23
Upcoming dividend of HK$0.055 per share Eligible shareholders must have bought the stock before 30 September 2021. Payment date: 29 October 2021. Trailing yield: 6.4%. Lower than top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (2.4%). Reported Earnings • Aug 30
First half 2021 earnings released: EPS CN¥0.15 (vs CN¥0.062 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CN¥1.16b (up 43% from 1H 2020). Net income: CN¥151.7m (up 142% from 1H 2020). Profit margin: 13% (up from 7.7% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat. 
