SEHK:1571

Stock Analysis Report

Executive Summary

Xin Point Holdings Limited, an investment holding company, manufactures and sells automotive and electronic components in the People's Republic of China, North America, Europe, and internationally.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Xin Point Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1571's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.5%

1571

1.1%

HK Auto Components

2.7%

HK Market


1 Year Return

-60.0%

1571

-41.6%

HK Auto Components

-19.8%

HK Market

Return vs Industry: 1571 underperformed the Hong Kong Auto Components industry which returned -41.6% over the past year.

Return vs Market: 1571 underperformed the Hong Kong Market which returned -19.8% over the past year.


Shareholder returns

1571IndustryMarket
7 Day-1.5%1.1%2.7%
30 Day-15.2%-18.0%-7.2%
90 Day-35.6%-24.2%-12.1%
1 Year-56.7%-60.0%-39.6%-41.6%-16.9%-19.8%
3 Yearn/a-39.6%-44.0%0.9%-9.3%
5 Yearn/a-24.8%-32.5%-12.6%-26.7%

Price Volatility Vs. Market

How volatile is Xin Point Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Xin Point Holdings undervalued compared to its fair value and its price relative to the market?

5.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1571 (HK$1.34) is trading above our estimate of fair value (HK$1.27)

Significantly Below Fair Value: 1571 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1571 is good value based on its PE Ratio (5.9x) compared to the Auto Components industry average (9.9x).

PE vs Market: 1571 is good value based on its PE Ratio (5.9x) compared to the Hong Kong market (9.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1571's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1571 is good value based on its PB Ratio (0.5x) compared to the HK Auto Components industry average (1x).


Next Steps

Future Growth

How is Xin Point Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.1%

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 Xin Point Holdings 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.


Next Steps

Past Performance

How has Xin Point Holdings performed over the past 5 years?

3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1571 has high quality earnings.

Growing Profit Margin: 1571's current net profit margins (9.6%) are lower than last year (19.3%).


Past Earnings Growth Analysis

Earnings Trend: 1571's earnings have grown by 3.8% per year over the past 5 years.

Accelerating Growth: 1571's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1571 had negative earnings growth (-48%) over the past year, making it difficult to compare to the Auto Components industry average (-25.6%).


Return on Equity

High ROE: 1571's Return on Equity (8.7%) is considered low.


Next Steps

Financial Health

How is Xin Point Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1571's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥754.4M).

Long Term Liabilities: 1571's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥73.6M).


Debt to Equity History and Analysis

Debt Level: 1571's debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: 1571's debt to equity ratio has reduced from 1.2% to 0.1% over the past 5 years.

Debt Coverage: 1571's debt is well covered by operating cash flow (12671.5%).

Interest Coverage: 1571's interest payments on its debt are well covered by EBIT (54.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Xin Point Holdings's current dividend yield, its reliability and sustainability?

10.08%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 1571's dividend (10.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.66%).

High Dividend: 1571's dividend (10.08%) is in the top 25% of dividend payers in the Hong Kong market (7.15%)


Stability and Growth of Payments

Stable Dividend: 1571 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1571's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (59.9%), 1571's dividend 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average board tenure


CEO

Xiaoming Ma (53yo)

no data

Tenure

CN¥4,464,000

Compensation

Mr. Xiaoming Ma serves as Chief Executive Officer at Xin Point Holdings Limited. Mr. Ma has been Chairman of the Board and Executive Director at Xin Point Holdings Limited since April 6, 2016 and August 24 ...


CEO Compensation Analysis

Compensation vs Market: Xiaoming's total compensation ($USD633.64K) is above average for companies of similar size in the Hong Kong market ($USD300.81K).

Compensation vs Earnings: Xiaoming's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Xiaoming Ma
Chairman & CEOno dataCN¥4.46m73.62% CN¥989.4m
Jun Meng
Executive Director4yrsCN¥2.29mno data
Yumin Zhang
Executive Director4yrsCN¥2.27m0.020% CN¥268.0k
Jun Liu
Executive Director4yrsCN¥2.01mno data
Xiaolu He
Executive Director4yrsCN¥1.48mno data
Wei Jiang
Executive Director4yrsCN¥450.00kno data
Weimin Gan
Independent Non- Executive Director2.83yrsCN¥104.00kno data
Chi Wai Tang
Independent Non-Executive Director2.83yrsCN¥125.00kno data
Lixin Cao
Independent Non- Executive Director2.83yrsCN¥104.00kno data

4.0yrs

Average Tenure

52yo

Average Age

Experienced Board: 1571's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 1571 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Xin Point Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xin Point Holdings Limited
  • Ticker: 1571
  • Exchange: SEHK
  • Founded: 2002
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: HK$1.344b
  • Shares outstanding: 1.00b
  • Website: https://www.xinpoint.com

Number of Employees


Location

  • Xin Point Holdings Limited
  • Keen Point Hi-tech Industrial Park
  • Xikeng
  • Huizhou
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1571SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2017

Biography

Xin Point Holdings Limited, an investment holding company, manufactures and sells automotive and electronic components in the People's Republic of China, North America, Europe, and internationally. The company offers automotive interior decorative components, such as interior door handles, door trims, shifter bezels, steering wheel components, console parts, and cluster rings; and exterior decorative components, including emblems, exterior door handles, fog lamp trims, front grill trims, tail lamp trims, and wheel hub trims. The company was founded in 2002 and is headquartered in Huizhou, the People's Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/08 14:40
End of Day Share Price2020/04/08 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.