SEHK:2339

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BeijingWest Industries International

Executive Summary

BeijingWest Industries International Limited, an investment holding company, manufactures, sells, and trades in automotive parts and components in Mainland China, the United Kingdom, Germany, the United States, and internationally.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has BeijingWest Industries International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2339's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.6%

2339

3.3%

HK Auto Components

1.2%

HK Market


1 Year Return

-43.5%

2339

12.4%

HK Auto Components

5.4%

HK Market

Return vs Industry: 2339 underperformed the Hong Kong Auto Components industry which returned 12.4% over the past year.

Return vs Market: 2339 underperformed the Hong Kong Market which returned 5.4% over the past year.


Shareholder returns

2339IndustryMarket
7 Day-1.6%3.3%1.2%
30 Day1.7%4.2%-4.4%
90 Day-21.8%34.1%7.6%
1 Year-43.5%-43.5%16.5%12.4%9.7%5.4%
3 Year-74.2%-76.2%-14.7%-21.5%3.5%-7.6%
5 Year-91.0%-91.8%32.6%16.9%12.0%-6.8%

Price Volatility Vs. Market

How volatile is BeijingWest Industries International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BeijingWest Industries International undervalued compared to its fair value and its price relative to the market?

35.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 2339's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 2339's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 2339 is poor value based on its PE Ratio (35.8x) compared to the HK Auto Components industry average (11.3x).

PE vs Market: 2339 is poor value based on its PE Ratio (35.8x) compared to the Hong Kong market (10.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2339's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2339 is good value based on its PB Ratio (0.2x) compared to the HK Auto Components industry average (0.9x).


Next Steps

Future Growth

How is BeijingWest Industries International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.5%

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 BeijingWest Industries International 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

Past Performance

How has BeijingWest Industries International performed over the past 5 years?

-32.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2339 has a large one-off gain of HK$17.4M impacting its December 31 2019 financial results.

Growing Profit Margin: 2339's current net profit margins (0.2%) are lower than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: 2339's earnings have declined by 32.6% per year over the past 5 years.

Accelerating Growth: 2339's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2339 had negative earnings growth (-96%) over the past year, making it difficult to compare to the Auto Components industry average (-25.6%).


Return on Equity

High ROE: 2339's Return on Equity (0.5%) is considered low.


Next Steps

Financial Health

How is BeijingWest Industries International's financial position?


Financial Position Analysis

Short Term Liabilities: 2339's short term assets (HK$1.1B) exceed its short term liabilities (HK$631.7M).

Long Term Liabilities: 2339's short term assets (HK$1.1B) exceed its long term liabilities (HK$348.9M).


Debt to Equity History and Analysis

Debt Level: 2339's debt to equity ratio (10.2%) is considered satisfactory.

Reducing Debt: 2339's debt to equity ratio has increased from 9.8% to 10.2% over the past 5 years.

Debt Coverage: 2339's debt is not well covered by operating cash flow (18.1%).

Interest Coverage: 2339 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is BeijingWest Industries International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2339's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2339's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 2339's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2339's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2339 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2339's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

Zhouping Chen (54 yo)

3.92yrs

Tenure

HK$2,243,000

Compensation

Mr. Zhouping Chen, CPA has been the Managing Director and Executive Director of BeijingWest Industries International Limited since September 01, 2016. Mr. Chen served as Deputy Managing Director of Shougan ...


CEO Compensation Analysis

Compensation vs Market: Zhouping's total compensation ($USD289.41K) is about average for companies of similar size in the Hong Kong market ($USD230.44K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Yunan Jiang
Executive Chairman4.17yrsno datano data
Zhouping Chen
MD & Executive Director3.92yrsHK$2.24mno data
Thomas P. Gold
Executive Director3.92yrsno datano data
Shou Xuan
Deputy GMno datano datano data
Dai Wei
Executive Deputy General Manager of Norstar Automobile Industrial Holding Limitedno dataHK$665.00kno data
Xiang Chen
GM - Treasury Department16.58yrsHK$665.00kno data
Jiang Duo
Chief Engineerno datano datano data
Chun Shing Cheng
Company Secretary & Financial Controller2.42yrsno datano data
Pan Feng
Technology Development Mngrno datano datano data
Yang Bin
General Manager of Quality Controlno dataHK$207.00kno data
Guo Zhu
Deputy Technical Controllerno datano datano data
Xiang Ni
Deputy Technical Controllerno datano datano data

3.9yrs

Average Tenure

52yo

Average Age

Experienced Management: 2339's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yunan Jiang
Executive Chairman4.17yrsno datano data
Zhouping Chen
MD & Executive Director3.92yrsHK$2.24mno data
Thomas P. Gold
Executive Director3.92yrsno datano data
Xiang Chen
GM - Treasury Department16.58yrsHK$665.00kno data
King-Ching Tam
Independent Non-Executive Director6.58yrsHK$240.00kno data
Kin Man Yip
Independent Non-Executive Director6.58yrsHK$240.00kno data
Pat Lam Chan
Independent Non-Executive Director1.75yrsHK$240.00kno data
Zhi Li
Non-Executive Director0.58yrno datano data

4.0yrs

Average Tenure

60yo

Average Age

Experienced Board: 2339's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BeijingWest Industries International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BeijingWest Industries International Limited
  • Ticker: 2339
  • Exchange: SEHK
  • Founded:
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: HK$175.173m
  • Shares outstanding: 574.34m
  • Website: https://www.bwi-intl.com.hk

Number of Employees


Location

  • BeijingWest Industries International Limited
  • Harcourt House
  • Rooms 1005-06
  • Wan Chai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NFGR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2003
2339SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2003

Biography

BeijingWest Industries International Limited, an investment holding company, manufactures, sells, and trades in automotive parts and components in Mainland China, the United Kingdom, Germany, the United St ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/09 12:41
End of Day Share Price2020/08/07 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.