SEHK:425

Stock Analysis Report

Executive Summary

Minth Group Limited, an investment holding company, designs, develops, manufactures, processes, and sells automobile body parts and molds of passenger cars in the People’s Republic of China, the United States, Japan, Thailand, Germany, Mexico, and internationally.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.

Risks

  • Minth Group has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Minth Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.8%

SEHK:425

0.6%

HK Auto Components

0.7%

HK Market


1 Year Return

-16.3%

SEHK:425

-22.5%

HK Auto Components

-5.3%

HK Market

425 outperformed the Auto Components industry which returned -20.5% over the past year.

425 underperformed the Market in Hong Kong which returned -3.3% over the past year.


Share holder returns

425IndustryMarket
7 Day1.8%0.6%0.7%
30 Day34.1%13.0%4.9%
90 Day22.0%-2.7%-3.7%
1 Year-13.6%-16.3%-19.9%-22.5%-1.8%-5.3%
3 Year0.4%-6.9%-15.6%-21.9%16.4%4.6%
5 Year86.5%64.1%29.5%15.1%18.0%-1.7%

Price Volatility Vs. Market

How volatile is Minth Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Minth Group undervalued based on future cash flows and its price relative to the stock market?

19%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Minth Group's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Minth Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Minth Group is overvalued based on earnings compared to the HK Auto Components industry average.

Minth Group is overvalued based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Minth Group is poor value based on expected growth next year.


Price Based on Value of Assets

Minth Group is overvalued based on assets compared to the HK Auto Components industry average.


Next Steps

Future Growth

How is Minth Group expected to perform in the next 1 to 3 years based on estimates from 22 analysts?

15.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Minth Group's revenue is expected to grow by 12.1% yearly, however this is not considered high growth (20% yearly).

Minth Group's earnings are expected to grow by 15.7% yearly, however this is not considered high growth (20% yearly).

Minth Group's revenue growth is expected to exceed the Hong Kong market average.

Minth Group's earnings growth is expected to exceed the Hong Kong market average.

Minth Group's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Minth Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Minth Group performed over the past 5 years?

11.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Minth Group's year on year earnings growth rate has been positive over the past 5 years.

Minth Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Minth Group's 1-year earnings growth is negative, it can't be compared to the HK Auto Components industry average.


Return on Equity

Minth Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Minth Group used its assets less efficiently than the HK Auto Components industry average last year based on Return on Assets.


Return on Capital Employed

Minth Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Minth Group's financial position?


Financial Position Analysis

Minth Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Minth Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Minth Group's level of debt (27.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (35.5% vs 27.7% today).

Debt is well covered by operating cash flow (53.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 68.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.7x debt.


Next Steps

Dividend

What is Minth Group's current dividend yield, its reliability and sustainability?

3.20%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Minth Group's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.19%).

Minth Group's dividend is below the markets top 25% of dividend payers in Hong Kong (6.08%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.4x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).


Next Steps

Management

What is the CEO of Minth Group's salary, the management and board of directors tenure and is there insider trading?

3.7yrs

Average management tenure


CEO

Bin Bo Chen (55yo)

0.08yrs

Tenure

0

Mr. Bin Bo Chen serves as Chief Executive Officer of Minth Group Limited since August 21, 2019. Mr. Chen joined Minth Group Limited in November 2018 as a special assistant to the Chairman. Mr. Chen had bee ...


Management Age and Tenure

3.7yrs

Average Tenure

49yo

Average Age

The tenure for the Minth Group management team is about average.


Board Age and Tenure

10.7yrs

Average Tenure

51yo

Average Age

The average tenure for the Minth Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


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Ownership Breakdown


Management Team

  • Feng Zhao (50yo)

    VP & Executive Director

    • Tenure: 12.8yrs
    • Compensation: CN¥3.82m
  • Jong Chin (61yo)

    Founder & Chairman

    • Tenure: 2.1yrs
  • Yan Liu (54yo)

    Chief Operating Officer

    • Tenure: 1yrs
  • Bin Bo Chen (55yo)

    Chief Executive Officer

    • Tenure: 0.08yrs
  • Lei Yi (45yo)

    Head of Investor Relations Department & Company Secretary

    • Tenure: 0yrs
  • Catherine Sung (46yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
  • Chiung Huang (48yo)

    Chief Human Resources Officer & Executive Director

    • Tenure: 3.3yrs
    • Compensation: CN¥5.10m
  • Chien Chin (30yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: CN¥1.17m
  • Bau Hong

    Special Assistant to Chairman

    • Tenure: 0yrs

Board Members

  • Fred Wu (71yo)

    Independent Non-Executive Director

    • Tenure: 10.7yrs
    • Compensation: CN¥473.00k
  • Feng Zhao (50yo)

    VP & Executive Director

    • Tenure: 12.8yrs
    • Compensation: CN¥3.82m
  • Jong Chin (61yo)

    Founder & Chairman

    • Tenure: 2.1yrs
  • Jim Wang (64yo)

    Independent Non-Executive Director

    • Tenure: 13.9yrs
    • Compensation: CN¥473.00k
  • Vivian Yu (51yo)

    Independent Non-Executive Director

    • Tenure: 11.7yrs
    • Compensation: CN¥502.00k
  • Chiung Huang (48yo)

    Chief Human Resources Officer & Executive Director

    • Tenure: 3.3yrs
    • Compensation: CN¥5.10m
  • Chien Chin (30yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: CN¥1.17m

Company Information

Minth Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Minth Group Limited
  • Ticker: 425
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: HK$30.220b
  • Shares outstanding: 1.15b
  • Website: https://www.minthgroup.com

Number of Employees


Location

  • Minth Group Limited
  • No. 8 Dagang No. 6 Road
  • Ningbo Economic and Technological Development Zone
  • Ningbo
  • Zhejiang Province
  • 315800
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
425SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2005
MNTH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2005
M3IDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2005
425SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDDec 2005
425SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDDec 2005

Biography

Minth Group Limited, an investment holding company, designs, develops, manufactures, processes, and sells automobile body parts and molds of passenger cars in the People’s Republic of China, the United Sta ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 12:42
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.