SEHK:476

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China Dynamics (Holdings)

Executive Summary

China Dynamics (Holdings) Limited, an investment holding company, engages in manufacturing of electric vehicles primarily in the People’s Republic of China, Hong Kong, and Chile.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has China Dynamics (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 476's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.8%

476

3.0%

HK Auto

0.8%

HK Market


1 Year Return

-64.6%

476

38.9%

HK Auto

5.5%

HK Market

Return vs Industry: 476 underperformed the Hong Kong Auto industry which returned 38.9% over the past year.

Return vs Market: 476 underperformed the Hong Kong Market which returned 5.5% over the past year.


Shareholder returns

476IndustryMarket
7 Day-4.8%3.0%0.8%
30 Day-13.0%6.1%-2.4%
90 Day-20.0%34.8%7.6%
1 Year-64.6%-64.6%43.5%38.9%9.8%5.5%
3 Year-83.8%-83.8%-4.3%-13.8%2.1%-8.9%
5 Year-92.3%-92.3%72.9%47.6%12.7%-6.2%

Price Volatility Vs. Market

How volatile is China Dynamics (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Dynamics (Holdings) undervalued compared to its fair value and its price relative to the market?

0.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 476's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 476's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 476 is unprofitable, so we can't compare its PE Ratio to the HK Auto industry average.

PE vs Market: 476 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 476's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 476 is good value based on its PB Ratio (0.1x) compared to the HK Auto industry average (0.8x).


Next Steps

Future Growth

How is China Dynamics (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.5%

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 China Dynamics (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

Past Performance

How has China Dynamics (Holdings) performed over the past 5 years?

-16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 476 is currently unprofitable.

Growing Profit Margin: 476 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 476 is unprofitable, and losses have increased over the past 5 years at a rate of 16.6% per year.

Accelerating Growth: Unable to compare 476's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 476 is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (-23.9%).


Return on Equity

High ROE: 476 has a negative Return on Equity (-6.21%), as it is currently unprofitable.


Next Steps

Financial Health

How is China Dynamics (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 476's short term assets (HK$182.9M) exceed its short term liabilities (HK$79.4M).

Long Term Liabilities: 476's short term assets (HK$182.9M) exceed its long term liabilities (HK$68.3M).


Debt to Equity History and Analysis

Debt Level: 476 is debt free.

Reducing Debt: 476 has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.


Balance Sheet


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: 476 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 476 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 11.6% each year.


Next Steps

Dividend

What is China Dynamics (Holdings) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 476's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 476'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 476's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 476'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 476'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?

5.9yrs

Average board tenure


CEO

Ngan Cheung (63 yo)

no data

Tenure

HK$2,696,000

Compensation

Mr. Ngan Cheung joined China Dynamics (Holdings) Limited (formerly known as Sinocop Resources (Holdings) Limited), in March 1998 and is responsible for the development of corporate strategies, corporate pl ...


CEO Compensation Analysis

Compensation vs Market: Ngan's total compensation ($USD347.85K) is above average for companies of similar size in the Hong Kong market ($USD230.83K).

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


Board Members

NamePositionTenureCompensationOwnership
Ngan Cheung
Chairman & CEOno dataHK$2.70m10.51%
HK$ 28.8m
Hoi Ying Chan
Investment Relationship Manager & Executive Director4.25yrsHK$1.88mno data
Ping Kuen Chan
Independent Non-Executive Director15.92yrsHK$132.00kno data
Guang Hu
Independent Non-Executive Director15.92yrsHK$132.00kno data
Yee Tan
Independent Non-Executive Director4.17yrsHK$100.00kno data
Jin Kai Zhou
Non-Executive Director5.92yrsHK$32.00k4.95%
HK$ 13.6m

5.9yrs

Average Tenure

57yo

Average Age

Experienced Board: 476's board of directors are considered experienced (5.9 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

China Dynamics (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Dynamics (Holdings) Limited
  • Ticker: 476
  • Exchange: SEHK
  • Founded:
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: HK$274.196m
  • Shares outstanding: 6.85b
  • Website: https://www.chinadynamics.hk

Number of Employees


Location

  • China Dynamics (Holdings) Limited
  • China Online Centre
  • 46th Floor
  • Wan Chai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
476SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 1996
CUFADB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 1996

Biography

China Dynamics (Holdings) Limited, an investment holding company, engages in manufacturing of electric vehicles primarily in the People’s Republic of China, Hong Kong, and Chile. It operates through Develo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 12:52
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.