Xingda International Holdings
Market Cap
HK$3.2b
Last Updated
2021/05/08 10:15 UTC
Data Sources
Company Financials +
Executive Summary
Xingda International Holdings Limited, an investment holding company, manufactures and trades radial tire cords, steel cords, bead wires, and other wires in the People's Republic of China and Thailand. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer and fair value.
Similar Companies
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
Stable Share Price: 1899 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 1899's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.9%
1899
-3.8%
HK Auto Components
-0.7%
HK Market
1 Year Return
11.0%
1899
68.8%
HK Auto Components
25.7%
HK Market
Return vs Industry: 1899 underperformed the Hong Kong Auto Components industry which returned 77.7% over the past year.
Return vs Market: 1899 underperformed the Hong Kong Market which returned 27.5% over the past year.
Shareholder returns
| 1899 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | -3.8% | -0.7% |
| 30 Day | -1.9% | -4.8% | -1.6% |
| 90 Day | -5.2% | -15.2% | -2.9% |
| 1 Year | 20.7%11.0% | 73.9%68.8% | 30.6%25.7% |
| 3 Year | -9.9%-27.1% | -10.8%-18.1% | 3.5%-7.5% |
| 5 Year | 78.8%29.5% | 20.6%8.4% | 62.2%34.7% |
Long-Term 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
16 hours ago | Simply Wall St
Shareholders Of Xingda International Holdings (HKG:1899) Must Be Happy With Their 79% Return1 week ago | Simply Wall St
Insider Buying: The Xingda International Holdings Limited (HKG:1899) Executive Chairman Just Bought CN¥5.6m Worth Of Shares2 weeks ago | Simply Wall St
Is Xingda International Holdings (HKG:1899) Using Too Much Debt?Valuation
Is Xingda International Holdings undervalued compared to its fair value and its price relative to the market?
3.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1899 (HK$2.02) is trading below our estimate of fair value (HK$2.09)
Significantly Below Fair Value: 1899 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 1899 is poor value based on its PE Ratio (22.7x) compared to the HK Auto Components industry average (19x).
PE vs Market: 1899 is poor value based on its PE Ratio (22.7x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: 1899 is good value based on its PEG Ratio (0.5x)
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 (1.3x).
Future Growth
How is Xingda International Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
46.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1899's forecast earnings growth (46.8% per year) is above the savings rate (1.5%).
Earnings vs Market: 1899's earnings (46.8% per year) are forecast to grow faster than the Hong Kong market (17.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1899's revenue (6.6% per year) is forecast to grow slower than the Hong Kong market (12.6% per year).
High Growth Revenue: 1899's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1899's Return on Equity is forecast to be low in 3 years time (6.2%).
Past Performance
How has Xingda International Holdings performed over the past 5 years?
0.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1899 has high quality earnings.
Growing Profit Margin: 1899's current net profit margins (1.5%) are lower than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 1899's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: 1899's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1899 had negative earnings growth (-59.7%) over the past year, making it difficult to compare to the Auto Components industry average (13.4%).
Return on Equity
High ROE: 1899's Return on Equity (2.3%) is considered low.
Financial Health
How is Xingda International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1899's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥7.1B).
Long Term Liabilities: 1899's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥994.0M).
Debt to Equity History and Analysis
Debt Level: 1899's debt to equity ratio (47.4%) is considered high.
Reducing Debt: 1899's debt to equity ratio has increased from 7.2% to 47.4% over the past 5 years.
Debt Coverage: 1899's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: 1899 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Xingda International Holdings's current dividend yield, its reliability and sustainability?
7.53%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1899's dividend (7.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).
High Dividend: 1899's dividend (7.5%) is in the top 25% of dividend payers in the Hong Kong market (6.01%)
Stability and Growth of Payments
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 high payout ratio (170.5%), 1899's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1899's dividends in 3 years are forecast to be covered by earnings (75% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.8yrs
Average board tenure
CEO
Xingda International Holdings has no CEO, or we have no data on them.
Board Members
Experienced Board: 1899's board of directors are seasoned and experienced ( 15.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1899 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5%.
Top Shareholders
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: NaN
- Industry: Tires and Rubber
- Sector: Automobiles
- Market Cap: HK$3.246b
- Shares outstanding: 1.61b
- 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
Biography
Xingda International Holdings Limited, an investment holding company, manufactures and trades radial tire cords, steel cords, bead wires, and other wires in the People's Republic of China and Thailand. The...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/08 10:15 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.