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

Fundamentals

Undervalued with excellent balance sheet and pays a dividend.

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


Market Performance


7 Day Return

-1.8%

1571

0.8%

HK Auto Components

0.9%

HK Market


1 Year Return

-35.8%

1571

-14.0%

HK Auto Components

0.6%

HK Market

Return vs Industry: 1571 underperformed the Hong Kong Auto Components industry which returned -14% over the past year.

Return vs Market: 1571 underperformed the Hong Kong Market which returned 0.6% over the past year.


Shareholder returns

1571IndustryMarket
7 Day-1.8%0.8%0.9%
30 Day-10.2%-0.2%0.4%
90 Day4.4%-4.2%-5.5%
1 Year-30.5%-35.8%-11.0%-14.0%4.2%0.6%
3 Yearn/a-14.9%-21.2%15.5%3.9%
5 Yearn/a32.5%17.7%19.9%-0.1%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 1571 (HK$1.67) is trading below our estimate of fair value (HK$3.53)

Significantly Undervalued: 1571 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1571 is good value based on its PE Ratio (6.1x) compared to the Auto Components industry average (11.4x).

PE vs Market: 1571 is good value based on its PE Ratio (6.1x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

Low 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 (0.7x) compared to the HK Auto Components industry average (1.1x).


Next Steps

Future Growth

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

6.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1571's forecast earnings growth (6.6% per year) is above the savings rate (2%).

Earnings vs Market: 1571's earnings (6.6% per year) are forecast to grow slower than the Hong Kong market (11.4% per year).

High Growth Earnings: 1571's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1571's revenue (15.7% per year) is forecast to grow faster than the Hong Kong market (10.2% per year).

High Growth Revenue: 1571's revenue (15.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: 1571's Return on Equity is forecast to be low in 3 years time (17.4%).


Next Steps

Past Performance

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

11.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 1571's earnings have grown by 11.2% 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 (-40.1%) over the past year, making it difficult to compare to the Auto Components industry average (4.4%).


Return on Equity

High ROE: 1571's Return on Equity (10.8%) is considered low.


Return on Assets

ROA vs Industry: 1571 has a higher Return on Assets than the Auto Components industry average last year.


Return on Capital Employed

ROCE Improving: 1571's Return on Capital Employed has declined over the past 3 years.


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) exceeds its short term liabilities (CN¥648.6M)

Long Term Liabilities: 1571's short term assets (1.7B) exceeds its long term liabilities (52.7M)


Debt to Equity History and Analysis

Debt Level: 1571's debt to equity ratio (0.3%) is considered satisfactory

Reducing Debt: Insufficient data to determine if 1571's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1571's debt is well covered by operating cash flow (5337.2%).

Interest Coverage: 1571 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 1571 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1571's debt is covered by short term assets (assets are 225.904550x debt).


Next Steps

Dividend

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

10.61%

Current Dividend Yield


Dividend Yield vs Market

company10.6%marketbottom25%2.3%markettop25%6.3%industryaverage4.2%forecastin3Years9.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 1571's dividend (10.61%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 1571's dividend (10.61%) is in the top 25% of dividend payers in the Hong Kong market (6.25%)

Stable Dividend: Whilst dividend payments have been stable, 1571 has been paying a dividend for less than 10 years.

Growing Dividend: 1571's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (53%), 1571's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1571's dividends in 3 years are forecast to be well covered by earnings (29.4% payout ratio).


Next Steps

Management

What is the CEO of Xin Point Holdings's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average board tenure


CEO

Xiaoming Ma (53yo)

0yrs

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: Insufficient data to establish whether Xiaoming's total compensation is reasonable compared to companies of similar size in the Hong Kong market.

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


Board Age and Tenure

3.5yrs

Average Tenure

52yo

Average Age

Experienced Board: 1571's board of directors are considered experienced (3.5 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyCN¥288,36229 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares159,000
Max PriceCN¥1.81
BuyCN¥525,68227 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares290,000
Max PriceCN¥1.81
BuyCN¥14,93025 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares8,000
Max PriceCN¥1.87
BuyCN¥36,64025 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares20,000
Max PriceCN¥1.83
BuyCN¥167,71122 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares89,000
Max PriceCN¥1.88
BuyCN¥66,09020 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares35,000
Max PriceCN¥1.89
BuyCN¥40,96019 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares22,000
Max PriceCN¥1.86
BuyCN¥629,35618 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares338,000
Max PriceCN¥1.86
BuyCN¥174,28016 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares89,000
Max PriceCN¥1.96
BuyCN¥1,275,21015 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares674,000
Max PriceCN¥1.89
BuyCN¥144,66112 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares83,000
Max PriceCN¥1.74
BuyCN¥101,51211 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares58,000
Max PriceCN¥1.75
BuyCN¥1,418,89509 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares805,000
Max PriceCN¥1.76
BuyCN¥1,208,85108 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares771,000
Max PriceCN¥1.57
BuyCN¥645,79505 Sep 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares424,000
Max PriceCN¥1.52
BuyCN¥16,51002 Sep 19
Jun Meng
EntityIndividual
Role
Member of the Board of Directors
Executive Director
Shares13,000
Max PriceCN¥1.27
BuyCN¥379,91901 Sep 19
Jun Meng
EntityIndividual
Role
Member of the Board of Directors
Executive Director
Shares300,000
Max PriceCN¥1.27
BuyCN¥1,905,27126 Jun 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares1,122,000
Max PriceCN¥1.70
BuyCN¥126,36025 Jun 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares78,000
Max PriceCN¥1.62
BuyCN¥3,545,61021 Jun 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares2,432,000
Max PriceCN¥1.46
BuyCN¥5,841,23020 Jun 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares3,997,000
Max PriceCN¥1.46
BuyCN¥105,00029 May 19
Yumin Zhang
EntityIndividual
Role
Member of the Board of Directors
Executive Director
Shares50,000
Max PriceCN¥2.10
BuyCN¥106,00029 May 19
Yumin Zhang
EntityIndividual
Role
Member of the Board of Directors
Executive Director
Shares50,000
Max PriceCN¥2.12
BuyCN¥2,424,57430 Mar 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares809,000
Max PriceCN¥3.00
BuyCN¥699,85028 Mar 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares250,000
Max PriceCN¥2.80
BuyCN¥2,768,20027 Mar 19
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares1,000,000
Max PriceCN¥2.77
BuyCN¥135,47004 Nov 18
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares50,000
Max PriceCN¥2.71
BuyCN¥516,36025 Oct 18
Xiaoming Ma
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares200,000
Max PriceCN¥2.58

Ownership Breakdown


Management Team

  • Chak Li (51yo)

    Finance Director

    • Tenure: 0yrs
  • Wai Keung Au (47yo)

    Company Secretary

    • Tenure: 3.5yrs
  • Xiaoming Ma (53yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: CN¥4.46m
  • Jun Meng (53yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥2.29m
  • Yumin Zhang (53yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥2.27m
  • Jun Liu (43yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥2.01m
  • Xiaolu He (44yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥1.48m
  • Wei Jiang (45yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥450.00k

Board Members

  • Weimin Gan (52yo)

    Independent Non- Executive Director

    • Tenure: 2.3yrs
    • Compensation: CN¥104.00k
  • Chi Wai Tang (45yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: CN¥125.00k
  • Xiaoming Ma (53yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: CN¥4.46m
  • Jun Meng (53yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥2.29m
  • Yumin Zhang (53yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥2.27m
  • Jun Liu (43yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥2.01m
  • Xiaolu He (44yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥1.48m
  • Wei Jiang (45yo)

    Executive Director

    • Tenure: 3.5yrs
    • Compensation: CN¥450.00k
  • Lixin Cao (52yo)

    Independent Non- Executive Director

    • Tenure: 2.3yrs
    • Compensation: CN¥104.00k

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$1.675b
  • 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 com ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 12:52
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.