SEHK:1585

Stock Analysis Report

Executive Summary

Yadea Group Holdings Ltd., an investment holding company, researches, develops, manufactures, distributes, and sells electric vehicles and related accessories in the People’s Republic of China.

Snowflake

Fundamentals

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.6%

1585

2.3%

HK Auto

0.3%

HK Market


1 Year Return

-28.9%

1585

-2.1%

HK Auto

1.3%

HK Market

Return vs Industry: 1585 underperformed the Hong Kong Auto industry which returned -2.1% over the past year.

Return vs Market: 1585 underperformed the Hong Kong Market which returned 1.3% over the past year.


Shareholder returns

1585IndustryMarket
7 Day0.6%2.3%0.3%
30 Day0.6%0.6%0.5%
90 Day0.6%-4.6%-4.6%
1 Year-27.7%-28.9%1.6%-2.1%4.9%1.3%
3 Year9.8%4.3%-4.9%-13.0%15.3%3.7%
5 Yearn/a7.6%-5.3%20.0%-0.006%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Yadea Group 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

Below Fair Value: 1585 (HK$1.7) is trading below our estimate of fair value (HK$12.9)

Significantly Below Fair Value: 1585 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1585 is poor value based on its PE Ratio (11x) compared to the Auto industry average (10.4x).

PE vs Market: 1585 is poor value based on its PE Ratio (11x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1585's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1585 is overvalued based on its PB Ratio (1.6x) compared to the HK Auto industry average (0.7x).


Next Steps

Future Growth

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

2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1585's forecast earnings growth (2.2% per year) is above the savings rate (2%).

Earnings vs Market: 1585's earnings (2.2% per year) are forecast to grow slower than the Hong Kong market (11.1% per year).

High Growth Earnings: 1585's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 1585's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 1585's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 1585's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Yadea Group Holdings performed over the past 5 years?

6.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 1585's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: 1585's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1585 had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Auto industry average (-11.2%).


Return on Equity

High ROE: 1585's Return on Equity (14.8%) is considered low.


Return on Assets

ROA vs Industry: 1585 has a higher Return on Assets than the Auto industry average last year.


Return on Capital Employed

ROCE Improving: 1585's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Yadea Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1585's short term assets (CN¥5.7B) exceeds its short term liabilities (CN¥4.5B)

Long Term Liabilities: 1585's short term assets (5.7B) exceeds its long term liabilities (39.9M)


Debt to Equity History and Analysis

Debt Level: 1585 is debt free.

Reducing Debt: 1585 has no debt compared to 5 years ago when its debt to equity ratio was 5.2%.

Debt Coverage: 1585 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1585 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 1585 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1585's debt is not covered by short term assets (assets are -8.002671357856E+17x debt).


Next Steps

Dividend

What is Yadea Group Holdings's current dividend yield, its reliability and sustainability?

2.24%

Current Dividend Yield


Dividend Yield vs Market

company2.2%marketbottom25%2.3%markettop25%6.2%industryaverage3.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 1585's dividend (2.24%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 1585's dividend (2.24%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.18%).

Stable Dividend: Whilst dividend payments have been stable, 1585 has been paying a dividend for less than 10 years.

Growing Dividend: 1585's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.2%), 1585's dividend payments are well 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

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

4.9yrs

Average management tenure


CEO

Jinghong Qian (46yo)

0.4yrs

Tenure

CN¥721,000

Compensation

Ms. Jinghong Qian serves as Vice Chairwoman of Yadea Group Holdings Ltd. and has been its Executive Director since July 17, 2014. Ms. Qian serves as a Chief Executive Officer at Yadea Group Holdings Ltd. S ...


CEO Compensation Analysis

Compensation vs. Market: Jinghong has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Hong Kong market.

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


Management Age and Tenure

4.9yrs

Average Tenure

44yo

Average Age

Experienced Management: 1585's management team is considered experienced (4.9 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

46yo

Average Age

Experienced Board: 1585's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCN¥7,950,01415 Jul 19
Jinghong Qian
EntityIndividual
Role
Chief Executive Officer
Vice Chairwoman & CEO
Shares5,000,000
Max PriceCN¥1.59
BuyCN¥11,940,48412 Jul 19
Jinghong Qian
EntityIndividual
Role
Chief Executive Officer
Vice Chairwoman & CEO
Shares7,150,000
Max PriceCN¥1.67

Ownership Breakdown


Management Team

  • Jinggui Dong (49yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CN¥721.00k
  • Jinghong Qian (46yo)

    Vice Chairwoman & CEO

    • Tenure: 0.4yrs
    • Compensation: CN¥721.00k
  • Rui Shi (41yo)

    CFO & Executive Director

    • Tenure: 4.8yrs
    • Compensation: CN¥566.00k
  • Yu Shen (43yo)

    Asst. to Chairman

    • Tenure: 4.8yrs
    • Compensation: CN¥418.00k
  • Jiazhong Wang (41yo)

    VP, Deputy GM of Sales

    • Tenure: 10.1yrs
  • Bo Xue (44yo)

    Chief Officer of Products & VP

    • Tenure: 6.5yrs
  • Jinlong Wang (44yo)

    Technical Supervisor

    • Tenure: 5yrs
  • Weijia Qian

    General Counsel

    • Tenure: 0yrs
  • Shifu We

    Deputy Chief Engineer

    • Tenure: 0yrs
  • Yuk Ling Lam

    Joint Company Secretary

    • Tenure: 1.2yrs

Board Members

  • Bryan Li (46yo)

    Independent Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: CN¥263.00k
  • Biguang Wu (62yo)

    Independent Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: CN¥263.00k
  • Jinggui Dong (49yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CN¥721.00k
  • Jinghong Qian (46yo)

    Vice Chairwoman & CEO

    • Tenure: 0.4yrs
    • Compensation: CN¥721.00k
  • Rui Shi (41yo)

    CFO & Executive Director

    • Tenure: 4.8yrs
    • Compensation: CN¥566.00k
  • Yu Shen (43yo)

    Asst. to Chairman

    • Tenure: 4.8yrs
    • Compensation: CN¥418.00k
  • Naisheng Yao (46yo)

    Independent Non-Executive Director

    • Tenure: 4.2yrs
    • Compensation: CN¥263.00k
  • Yiyin Zhang (37yo)

    Non-Executive Director

    • Tenure: 0.5yrs
  • Lung Wong (62yo)

    Independent Non-Executive Director

    • Tenure: 0.5yrs

Company Information

Yadea Group Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yadea Group Holdings Ltd.
  • Ticker: 1585
  • Exchange: SEHK
  • Founded: 2001
  • Industry: Motorcycle Manufacturers
  • Sector: Automobiles
  • Market Cap: HK$4.996b
  • Shares outstanding: 2.97b
  • Website: https://www.yadea.com.cn

Number of Employees


Location

  • Yadea Group Holdings Ltd.
  • No. 515, Xishan Road
  • Dacheng Industrial Zone
  • Wuxi
  • Jiangsu Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1585SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2016
1585SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 2016
1585SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 2016

Biography

Yadea Group Holdings Ltd., an investment holding company, researches, develops, manufactures, distributes, and sells electric vehicles and related accessories in the People’s Republic of China. The company ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:59
End of Day Share Price2019/10/23 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.