Ev Dynamics (Holdings) (SEHK:476) - Share price, News & Analysis

476 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

476 Stock Overview

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

Risk Analysis

Earnings have declined by 39.4% per year over past 5 years

Volatile share price over the past 3 months

Latest financial reports are more than 6 months old

Shareholders have been diluted in the past year

+ 2 more risks

Ev Dynamics (Holdings) Competitors

Qingling Motors

SEHK:1122

HK$3.4b

BAIC Motor

SEHK:1958

HK$21.2b

Dongfeng Motor Group

SEHK:489

HK$51.4b

Vietnam Manufacturing and Export Processing (Holdings)

SEHK:422

HK$249.6m

Price History & Performance

Summary of all time highs, changes and price drops for Ev Dynamics (Holdings)
Historical stock prices
Current Share Price	HK$0.059
52 Week High	HK$0.16
52 Week Low	HK$0.046
Beta	0.77
1 Month Change	5.36%
3 Month Change	15.69%
1 Year Change	-59.03%
3 Year Change	-48.70%
5 Year Change	-65.70%
Change since IPO	-99.98%

Shareholder Returns

	476	HK Auto	HK Market
7D	1.7%	6.5%	2.1%
1Y	-59.0%	1.6%	-23.3%

Return vs Industry: 476 underperformed the Hong Kong Auto industry which returned 1.6% over the past year.

Return vs Market: 476 underperformed the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 476's price volatile compared to industry and market?
476 volatility
476 Average Weekly Movement	12.6%
Auto Industry Average Movement	7.1%
Market Average Movement	7.0%
10% most volatile stocks in HK Market	13.8%
10% least volatile stocks in HK Market	3.3%

Stable Share Price: 476 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 476's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

Founded	Employees	CEO	Website
n/a	106	Miguel Valldecabres Polop	https://www.evdynamics.com

Ev Dynamics (Holdings) Limited, an investment holding company, engages in manufacturing electric vehicles primarily in the People’s Republic of China, Hong Kong, and the Philippines. It operates through Development of Electric Vehicles, Mining, and Metals and Minerals Trading segments. It manufactures and trades in electric buses, electric power and control systems, and other buses; markets and sells vehicle components; and owns Glauberite Mine in Guangxi.

Ev Dynamics (Holdings) Fundamentals Summary

How do Ev Dynamics (Holdings)'s earnings and revenue compare to its market cap?
476 fundamental statistics
Market Cap	HK$540.58m
Earnings (TTM)	-HK$802.41m
Revenue (TTM)	HK$32.05m

16.6x

P/S Ratio

-0.7x

P/E Ratio

Is 476 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
476 income statement (TTM)
Revenue	HK$32.05m
Cost of Revenue	HK$28.07m
Gross Profit	HK$3.98m
Other Expenses	HK$806.40m
Earnings	-HK$802.41m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jun 29, 2022

Earnings per share (EPS)	-0.089
Gross Margin	12.42%
Net Profit Margin	-2,503.56%
Debt/Equity Ratio	0.3%

How did 476 perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is 476 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 476?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 476. This is calculated by dividing 476's market cap by their current preferred multiple.
What is 476's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	HK$540.58m

476 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	13x
Enterprise Value/EBITDA	-3.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 476's PS Ratio compare to its peers?

476 PS Ratio vs Peers

The above table shows the PS ratio for 476 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PS	Estimated Growth	Market Cap
Peer Average	0.4x
1122 Qingling Motors	0.6x	n/a	HK$3.4b
1958 BAIC Motor	0.1x	5.9%	HK$21.2b
489 Dongfeng Motor Group	0.4x	5.5%	HK$51.4b
422 Vietnam Manufacturing and Export Processing (Holdings)	0.4x	n/a	HK$249.6m
476 Ev Dynamics (Holdings)	16.6x	n/a	HK$540.6m

Forward PS

Price-To-Sales vs Peers: 476 is expensive based on its Price-To-Sales Ratio (16.6x) compared to the peer average (0.4x).

Price to Earnings Ratio vs Industry

How does 476's PE Ratio compare vs other companies in the Asian Auto Industry?

Price-To-Sales vs Industry: 476 is expensive based on its Price-To-Sales Ratio (16.6x) compared to the Hong Kong Auto industry average (0.9x)

Price to Sales Ratio vs Fair Ratio

What is 476's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

476 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	16.6x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 476's Price-To-Sales Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 476 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 476's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 476's fair value for valuation analysis.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 476's PEG Ratio to determine if it is good value.

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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

29.0%

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 Ev 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.

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Examine Ev Dynamics (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.
Ev Dynamics (Holdings) competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

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

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-39.4%

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 39.4% 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 (-1.1%).

Return on Equity

High ROE: 476 has a negative Return on Equity (-37.85%), as it is currently unprofitable.

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Financial Health

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

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 476's short term assets (HK$242.8M) exceed its short term liabilities (HK$109.7M).

Long Term Liabilities: 476's short term assets (HK$242.8M) exceed its long term liabilities (HK$87.3M).

Debt to Equity History and Analysis

Debt Level: 476 has more cash than its total debt.

Reducing Debt: 476's debt to equity ratio has reduced from 0.4% to 0.3% over the past 5 years.

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 1.1 years if free cash flow continues to grow at historical rates of 15.9% each year.

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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

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.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 476 has not reported any payouts.

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Management

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

6.0yrs

Average board tenure

CEO

Miguel Valldecabres Polop (45 yo)

1.67yrs

Tenure

HK$5,977,000

Compensation

Mr. Miguel Valldecabres Polop has been an Executive Director and CEO of Ev Dynamics (Holdings) Limited (formerly known as China Dynamics (Holdings) Limited) since October 16, 2020. Mr. Valldecabres Polop h...

Board Members

Experienced Board: 476's board of directors are considered experienced (6 years average tenure).

Ownership

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

Insider Trading Volume

Insider Buying: 476 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 3.5%.

Data	Last Updated (UTC time)
Company Analysis	2022/06/27 00:00
End of Day Share Price	2022/06/27 00:00
Earnings	2021/09/30
Annual Earnings	2021/03/31