New Focus Auto Tech Holdings Limited, an investment holding company, manufactures and sells electronic and power-related automotive parts and accessories.
+ 1 more risk
Imperfect balance sheet and overvalued.
Share Price & News
How has New Focus Auto Tech Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 360's share price has been volatile over the past 3 months.
7 Day Return
HK Auto Components
1 Year Return
HK Auto Components
Return vs Industry: 360 underperformed the Hong Kong Auto Components industry which returned -38.8% over the past year.
Return vs Market: 360 underperformed the Hong Kong Market which returned -22.7% over the past year.
Price Volatility Vs. Market
How volatile is New Focus Auto Tech Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StDo Insiders Own Shares In New Focus Auto Tech Holdings Limited (HKG:360)?
1 month ago | Simply Wall StIs New Focus Auto Tech Holdings (HKG:360) A Risky Investment?
2 months ago | Simply Wall StInvestors Who Bought New Focus Auto Tech Holdings (HKG:360) Shares Five Years Ago Are Now Down 82%
Is New Focus Auto Tech Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 360's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 360's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 360 is unprofitable, so we can't compare its PE Ratio to the Auto Components industry average.
PE vs Market: 360 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 360's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 360 is good value based on its PB Ratio (0.6x) compared to the HK Auto Components industry average (0.8x).
How is New Focus Auto Tech Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 New Focus Auto Tech 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.
- Take a look at our analysis of 360’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- New Focus Auto Tech Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
How has New Focus Auto Tech Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 360 is currently unprofitable.
Growing Profit Margin: 360 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 360 is unprofitable, but has reduced losses over the past 5 years at a rate of 12.8% per year.
Accelerating Growth: Unable to compare 360's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 360 is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-22.1%).
Return on Equity
High ROE: 360 has a negative Return on Equity (-7.3%), as it is currently unprofitable.
How is New Focus Auto Tech Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 360's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 360's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥127.3M).
Debt to Equity History and Analysis
Debt Level: 360's debt to equity ratio (66.4%) is considered high.
Reducing Debt: 360's debt to equity ratio has increased from 51.5% to 66.4% over the past 5 years.
Inventory Level: 360 has a high level of physical assets or inventory.
Debt Coverage by Assets: 360's debt is covered by short term assets (assets are 3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 360 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 360 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is New Focus Auto Tech Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 360's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 360's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 360's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 360's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 360's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
New Focus Auto Tech Holdings has no CEO, or we have no data on them.
|Executive Director||0.67yr||no data||no data|
|Chairman & Executive GM - Liaoning Xin Tian Cheng Industrial Co Ltd||no data||no data||no data|
|Executive GM & Director of Changchun Guangda Automobile Trading Co.||no data||no data||no data|
|GM & Director of Shanghai Astrace Trade Development Co. Ltd||no data||no data||no data|
|Independent Non-Executive Director||5yrs||CN¥100.00k||no data|
|Non Executive Director||6.67yrs||no data||no data|
|Independent Non-Executive Director||6.67yrs||CN¥100.00k||no data|
|Acting Chairman||0.67yr||no data||no data|
|Independent Non-Executive Director||6.67yrs||CN¥100.00k||no data|
Experienced Board: 360's board of directors are considered experienced (5.8 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.8%.
New Focus Auto Tech Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: New Focus Auto Tech Holdings Limited
- Ticker: 360
- Exchange: SEHK
- Founded: 1989
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: HK$636.158m
- Shares outstanding: 6.77b
- Website: https://www.nfa360.com
Number of Employees
- New Focus Auto Tech Holdings Limited
- Raffles City Changning
- 19th Floor, Room 1907
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|360||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Feb 2005|
|NWFA.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Feb 2005|
New Focus Auto Tech Holdings Limited, an investment holding company, manufactures and sells electronic and power-related automotive parts and accessories. The company operates through Manufacturing Business, Wholesale Business, Retail Service Business, and Automobile Dealership and Service Business segments. It offers automotive lighting and automotive electronic power products, including the automotive converter boxes, multi-function power supplies, cooler and warmer boxes, chargers, automotive lighting products high intensity discharge lamps, automotive auxiliary lights, work lights, etc. The company is also involved in the provision of automotive after-sales and daily maintenance services, such as car maintenance, beauty, auto painting, and insurance services, as well as automobile repair and restyling services; sale of auto parts and accessories; and retail distribution of merchandise goods through its service chain stores network in the People’s Republic of China. As of December 31, 2018, it had 33 automobile distribution branches; 233individual after-sales service stores; and 9 wholesale service stores. The company operates in the People’s Republic of China, the United States, Europe, and the Asia Pacific. New Focus Auto Tech Holdings Limited was founded in 1989 and is headquartered in Shanghai, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 13:19|
|End of Day Share Price||2020/03/31 00:00|
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.