Xingda International Holdings
Market Cap
HK$3.3b
Last Updated
2019/10/23 12:42 UTC
Data Sources
Company Financials
Executive Summary
Xingda International Holdings Limited, an investment holding company, engages in the manufacture and trading of radial tire cords, steel cords, bead wires, and other wires.
Snowflake
Fundamentals
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Xingda International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
5.9%
1899
-1.5%
HK Auto Components
0.3%
HK Market
1 Year Return
5.9%
1899
-14.4%
HK Auto Components
1.3%
HK Market
Return vs Industry: 1899 exceeded the Hong Kong Auto Components industry which returned -14.4% over the past year.
Return vs Market: 1899 exceeded the Hong Kong Market which returned 1.3% over the past year.
Shareholder returns
| 1899 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.9% | -1.5% | 0.3% |
| 30 Day | 3.4% | -1.8% | 0.5% |
| 90 Day | 0.9% | -5.0% | -4.6% |
| 1 Year | 13.8%5.9% | -11.4%-14.4% | 4.9%1.3% |
| 3 Year | -24.4%-36.7% | -18.5%-24.5% | 15.3%3.7% |
| 5 Year | 6.2%-20.4% | 32.4%17.6% | 20.0%-0.006% |
Price Volatility Vs. Market
How volatile is Xingda International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Need To Know: Xingda International Holdings Limited (HKG:1899) Insiders Have Been Buying Shares3 weeks ago | Simply Wall St
Is Xingda International Holdings (HKG:1899) A Risky Investment?1 month ago | Simply Wall St
Does The Xingda International Holdings Limited (HKG:1899) Share Price Fall With The Market?Valuation
Is Xingda International 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: 1899 (HK$2.14) is trading below our estimate of fair value (HK$11.76)
Significantly Below Fair Value: 1899 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1899 is good value based on its PE Ratio (9.7x) compared to the Auto Components industry average (11.5x).
PE vs Market: 1899 is good value based on its PE Ratio (9.7x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1899's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1899 is good value based on its PB Ratio (0.5x) compared to the HK Auto Components industry average (1.1x).
Next Steps
Future Growth
How is Xingda International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1899's forecast earnings growth (20.3% per year) is above the savings rate (2%).
Earnings vs Market: 1899's earnings (20.3% per year) are forecast to grow faster than the Hong Kong market (11.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if 1899's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 1899'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 1899's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Xingda International Holdings performed over the past 5 years?
-2.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 1899's earnings have declined by -2.6% per year over the past 5 years.
Accelerating Growth: 1899's earnings growth over the past year (46.7%) exceeds its 5-year average (-2.6% per year).
Earnings vs Industry: 1899 earnings growth over the past year (46.7%) exceeded the Auto Components industry 4.4%.
Return on Equity
High ROE: 1899's Return on Equity (5.7%) is considered low.
Return on Assets
ROA vs Industry: 1899's Return on Assets is below or equal to the Auto Components industry average last year.
Return on Capital Employed
ROCE Improving: 1899 has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Xingda International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1899's short term assets (CN¥7.5B) exceeds its short term liabilities (CN¥5.8B)
Long Term Liabilities: 1899's short term assets (7.5B) exceeds its long term liabilities (313.6M)
Debt to Equity History and Analysis
Debt Level: 1899's debt to equity ratio (30.8%) is considered satisfactory
Reducing Debt: 1899's debt to equity ratio has increased from 13% to 30.8% over the past 5 years.
Debt Coverage: 1899's debt is well covered by operating cash flow (55.9%).
Interest Coverage: 1899 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 1899 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1899's debt is covered by short term assets (assets are 3.207580x debt).
Next Steps
Dividend
What is Xingda International Holdings's current dividend yield, its reliability and sustainability?
6.81%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 1899's dividend (6.81%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 1899's dividend (6.81%) is in the top 25% of dividend payers in the Hong Kong market (6.18%)
Stable Dividend: 1899's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1899's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.7%), 1899'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
What is the CEO of Xingda International Holdings's salary, the management and board of directors tenure and is there insider trading?
14.2yrs
Average board tenure
CEO
Xingda International Holdings has no CEO, or we have no data on them.
Board Age and Tenure
14.2yrs
Average Tenure
63yo
Average Age
Experienced Board: 1899's board of directors are seasoned and experienced ( 14.2 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
| Entity | Company |
| Shares | 500,000 |
| Max Price | CN¥2.04 |
| Entity | Company |
| Shares | 215,000 |
| Max Price | CN¥2.31 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 377,000 |
| Max Price | CN¥2.56 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 267,000 |
| Max Price | CN¥2.54 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 527,000 |
| Max Price | CN¥2.51 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 284,000 |
| Max Price | CN¥2.30 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 220,000 |
| Max Price | CN¥2.32 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 250,000 |
| Max Price | CN¥2.28 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 223,000 |
| Max Price | CN¥2.28 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 44,000 |
| Max Price | CN¥2.28 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 39,000 |
| Max Price | CN¥2.24 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 600,000 |
| Max Price | CN¥2.31 |
| Entity | Company |
| Shares | 298,000 |
| Max Price | CN¥2.40 |
| Entity | Company |
| Shares | 800,000 |
| Max Price | CN¥2.19 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 200,000 |
| Max Price | CN¥2.04 |
Ownership Breakdown
Management Team
Yuxiao Zhang (49yo)
CFO & Executive Director
- Tenure: 14.2yrs
- Compensation: CN¥4.82m
Xiang Liu (42yo)
Executive Director
- Tenure: 14.2yrs
- Compensation: CN¥7.28m
Jinxiang Tao (56yo)
Executive Director
- Tenure: 14.2yrs
- Compensation: CN¥7.48m
Jinlan Liu (69yo)
Executive Chairman
- Tenure: 14.5yrs
- Compensation: CN¥11.07m
Kam Cheng (43yo)
Company Secretary
- Tenure: 11.3yrs
Board Members
William Sharp (77yo)
Independent Vice Chairman
- Tenure: 3.8yrs
- Compensation: CN¥402.00k
Louis Koo (63yo)
Independent & Non-Executive Director
- Tenure: 14.2yrs
- Compensation: CN¥402.00k
Yuxiao Zhang (49yo)
CFO & Executive Director
- Tenure: 14.2yrs
- Compensation: CN¥4.82m
Xiang Liu (42yo)
Executive Director
- Tenure: 14.2yrs
- Compensation: CN¥7.28m
Jinxiang Tao (56yo)
Executive Director
- Tenure: 14.2yrs
- Compensation: CN¥7.48m
Jinlan Liu (69yo)
Executive Chairman
- Tenure: 14.5yrs
- Compensation: CN¥11.07m
Chunhua Xu (75yo)
Independent & Non-Executive Director
- Tenure: 14.2yrs
- Compensation: CN¥343.00k
Company Information
Xingda International Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Xingda International Holdings Limited
- Ticker: 1899
- Exchange: SEHK
- Founded:
- Industry: Tires and Rubber
- Sector: Automobiles
- Market Cap: HK$3.293b
- Shares outstanding: 1.54b
- Website: https://www.xingda.com.cn
Number of Employees
Location
- Xingda International Holdings Limited
- No. 20, Yunling East Road
- 6th Floor
- Shanghai
- 200062
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1899 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2006 |
| XDH | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2006 |
| XNGI.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2006 |
Biography
Xingda International Holdings Limited, an investment holding company, engages in the manufacture and trading of radial tire cords, steel cords, bead wires, and other wires. The company’s steel cords and be ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 12:42 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.