Xingda International Holdings
Market Cap
HK$3.3b
Last Updated
2020/10/30 12:51 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. More Details
Snowflake Analysis
Adequate balance sheet average dividend payer.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-8.3%
1899
-2.1%
HK Auto Components
-0.7%
HK Market
1 Year Return
-7.0%
1899
22.8%
HK Auto Components
0.5%
HK Market
Return vs Industry: 1899 underperformed the Hong Kong Auto Components industry which returned 22.8% over the past year.
Return vs Market: 1899 underperformed the Hong Kong Market which returned 0.5% over the past year.
Shareholder returns
| 1899 | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.3% | -2.1% | -0.7% |
| 30 Day | 4.7% | 5.8% | 5.8% |
| 90 Day | 26.6% | 22.8% | 1.4% |
| 1 Year | 1.2%-7.0% | 26.8%22.8% | 4.6%0.5% |
| 3 Year | -16.6%-32.4% | -17.1%-23.7% | -6.8%-16.9% |
| 5 Year | 56.0%13.0% | 40.2%24.0% | 15.8%-3.8% |
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
What Type Of Shareholders Own The Most Number of Xingda International Holdings Limited (HKG:1899) Shares?3 weeks ago | Simply Wall St
Xingda International Holdings (HKG:1899) Share Prices Have Dropped 34% In The Last Three Years1 month ago | Simply Wall St
These 4 Measures Indicate That Xingda International Holdings (HKG:1899) Is Using Debt ExtensivelyValuation
Is Xingda International Holdings undervalued compared to its fair value and its price relative to the market?
11.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1899 (HK$2) is trading above our estimate of fair value (HK$1.08)
Significantly Below Fair Value: 1899 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1899 is good value based on its PE Ratio (11.4x) compared to the HK Auto Components industry average (13.9x).
PE vs Market: 1899 is poor value based on its PE Ratio (11.4x) compared to the Hong Kong market (10.9x).
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 (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?
25.4%
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 Xingda International 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
- Examine Xingda International Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Xingda International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
Past Performance
How has Xingda International Holdings performed over the past 5 years?
5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1899 has high quality earnings.
Growing Profit Margin: 1899's current net profit margins (3.3%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: 1899's earnings have grown by 5.3% 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 (-21.2%) over the past year, making it difficult to compare to the Auto Components industry average (-17.7%).
Return on Equity
High ROE: 1899's Return on Equity (4.3%) is considered low.
Next Steps
Financial Health
How is Xingda International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1899's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 1899's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥357.1M).
Debt to Equity History and Analysis
Debt Level: 1899's debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: 1899's debt to equity ratio has increased from 9.8% to 36.4% over the past 5 years.
Debt Coverage: 1899's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 1899 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Xingda International Holdings's current dividend yield, its reliability and sustainability?
7.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1899's dividend (7.43%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 1899's dividend (7.43%) is in the top 25% of dividend payers in the Hong Kong market (6.97%)
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: At its current payout ratio (87.8%), 1899's 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?
15.2yrs
Average board tenure
CEO
Xingda International Holdings has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 15.5yrs | CN¥11.01m | 17.65% CN¥ 581.3m | |
| CFO & Executive Director | 15.17yrs | CN¥4.73m | 2.83% CN¥ 93.1m | |
| Executive Director | 15.17yrs | CN¥7.23m | 10.5% CN¥ 345.9m | |
| Executive Director | 15.17yrs | CN¥7.44m | 7.57% CN¥ 249.5m | |
| Independent Vice Chairman | 4.75yrs | CN¥406.00k | 0.020% CN¥ 647.6k | |
| Independent Non-Executive Director | 15.17yrs | CN¥406.00k | 0.025% CN¥ 836.4k | |
| Independent Non-Executive Director | 15.17yrs | CN¥349.00k | 0.0031% CN¥ 102.4k |
15.2yrs
Average Tenure
64yo
Average Age
Experienced Board: 1899's board of directors are seasoned and experienced ( 15.2 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 4.5%.
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:
- Industry: Tires and Rubber
- Sector: Automobiles
- Market Cap: HK$3.294b
- 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
- Shanghai Province
- 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, manufactures and trades radial tire cords, steel cords, bead wires, and other wires. The company’s steel cords and bead wires are used ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 12:51 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.