company background image
489

Dongfeng Motor GroupSEHK:489 Stock Report

Last Price

HK$7.14

Market Cap

HK$61.5b

7D

0.1%

1Y

-16.2%

Updated

20 Jan, 2022

Data

Company Financials +
489 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

489 Stock Overview

Dongfeng Motor Group Company Limited manufactures and sells commercial vehicles, passenger vehicles, and engines and parts in the People’s Republic of China.

Dongfeng Motor Group Competitors

Great Wall Motor

SEHK:2333

HK$412.8b

Guangzhou Automobile Group

SEHK:2238

HK$157.5b

SAIC Motor

SHSE:600104

CN¥231.9b

HUAYU Automotive Systems

SHSE:600741

CN¥94.0b

Price History & Performance

Summary of all time highs, changes and price drops for Dongfeng Motor Group
Historical stock prices
Current Share PriceHK$7.14
52 Week HighHK$9.07
52 Week LowHK$6.10
Beta1.2
1 Month Change10.18%
3 Month Change-4.93%
1 Year Change-16.20%
3 Year Change-13.35%
5 Year Change-13.66%
Change since IPO310.35%

Recent News & Updates

Jan 09
Dongfeng Motor Group (HKG:489) Might Have The Makings Of A Multi-Bagger

Dongfeng Motor Group (HKG:489) Might Have The Makings Of A Multi-Bagger

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Dec 20
Is Dongfeng Motor Group (HKG:489) Using Too Much Debt?

Is Dongfeng Motor Group (HKG:489) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Dec 02
Calculating The Intrinsic Value Of Dongfeng Motor Group Company Limited (HKG:489)

Calculating The Intrinsic Value Of Dongfeng Motor Group Company Limited (HKG:489)

How far off is Dongfeng Motor Group Company Limited ( HKG:489 ) from its intrinsic value? Using the most recent...

Oct 24
When Should You Buy Dongfeng Motor Group Company Limited (HKG:489)?

When Should You Buy Dongfeng Motor Group Company Limited (HKG:489)?

Dongfeng Motor Group Company Limited ( HKG:489 ), is not the largest company out there, but it received a lot of...

Oct 06
We Like These Underlying Return On Capital Trends At Dongfeng Motor Group (HKG:489)

We Like These Underlying Return On Capital Trends At Dongfeng Motor Group (HKG:489)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

489HK AutoHK Market
7D0.1%-2.1%-0.2%
1Y-16.2%-10.5%-16.2%

Return vs Industry: 489 underperformed the Hong Kong Auto industry which returned -10.5% over the past year.

Return vs Market: 489 matched the Hong Kong Market which returned -16.2% over the past year.

Price Volatility

Is 489's price volatile compared to industry and market?
489 volatility
489 Average Weekly Movement4.1%
Auto Industry Average Movement6.0%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.2%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 489 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 489's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969124,270Qing Yanghttps://www.dfmg.com.cn

Dongfeng Motor Group Company Limited manufactures and sells commercial vehicles, passenger vehicles, and engines and parts in the People’s Republic of China. It operates in four segments: Commercial Vehicles, Passenger Vehicles, Financing Service, and Corporate and Others. It provides commercial vehicles, including trucks and buses; passenger vehicles comprising basic passenger cars, MPVs, and SUVs; electric vehicles, off-road vehicles, and special commercial vehicles; and other automobile related products.

Dongfeng Motor Group Fundamentals Summary

How do Dongfeng Motor Group's earnings and revenue compare to its market cap?
489 fundamental statistics
Market CapCN¥50.10b
Earnings (TTM)CN¥15.78b
Revenue (TTM)CN¥127.24b

3.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
489 income statement (TTM)
RevenueCN¥127.24b
Cost of RevenueCN¥109.43b
Gross ProfitCN¥17.82b
ExpensesCN¥2.04b
EarningsCN¥15.78b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.83
Gross Margin14.00%
Net Profit Margin12.40%
Debt/Equity Ratio33.7%

How did 489 perform over the long term?

See historical performance and comparison

Valuation

Is Dongfeng Motor Group undervalued compared to its fair value and its price relative to the market?

0.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 489 (HK$7.14) is trading below our estimate of fair value (HK$7.2)

Significantly Below Fair Value: 489 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 489 is good value based on its PE Ratio (3.2x) compared to the Hong Kong Auto industry average (17.6x).

PE vs Market: 489 is good value based on its PE Ratio (3.2x) compared to the Hong Kong market (9.1x).


Price to Earnings Growth Ratio

PEG Ratio: 489 is poor value based on its PEG Ratio (6.1x)


Price to Book Ratio

PB vs Industry: 489 is good value based on its PB Ratio (0.3x) compared to the HK Auto industry average (0.7x).


Future Growth

How is Dongfeng Motor Group forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

0.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 489's forecast earnings growth (0.5% per year) is below the savings rate (1.5%).

Earnings vs Market: 489's earnings (0.5% per year) are forecast to grow slower than the Hong Kong market (16.1% per year).

High Growth Earnings: 489's earnings are forecast to grow, but not significantly.

Revenue vs Market: 489's revenue (6.5% per year) is forecast to grow slower than the Hong Kong market (11.6% per year).

High Growth Revenue: 489's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 489's Return on Equity is forecast to be low in 3 years time (8.1%).


Past Performance

How has Dongfeng Motor Group performed over the past 5 years?

-2.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 489 has a high level of non-cash earnings.

Growing Profit Margin: 489's current net profit margins (12.4%) are higher than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: 489's earnings have declined by 2.4% per year over the past 5 years.

Accelerating Growth: 489's earnings growth over the past year (97.2%) exceeds its 5-year average (-2.4% per year).

Earnings vs Industry: 489 earnings growth over the past year (97.2%) exceeded the Auto industry 34.2%.


Return on Equity

High ROE: 489's Return on Equity (10.7%) is considered low.


Financial Health

How is Dongfeng Motor Group's financial position?


Financial Position Analysis

Short Term Liabilities: 489's short term assets (CN¥165.3B) exceed its short term liabilities (CN¥141.7B).

Long Term Liabilities: 489's short term assets (CN¥165.3B) exceed its long term liabilities (CN¥28.9B).


Debt to Equity History and Analysis

Debt Level: 489 has more cash than its total debt.

Reducing Debt: 489's debt to equity ratio has increased from 17.1% to 33.7% over the past 5 years.

Debt Coverage: 489's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 489 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Dongfeng Motor Group current dividend yield, its reliability and sustainability?

9.20%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 489's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 489'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 489's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 489's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 489 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 489'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?

1.3yrs

Average board tenure


CEO

Qing Yang (55 yo)

0.67

Tenure

CN¥176,000

Compensation

Mr. Qing Yang has been an Executive Director at Dongfeng Motor Group Company Limited since June 18, 2021. He is the President at Dongfeng Motor Group Company Limited since May 13, 2021. He had been a Non-E...


Board Members

Experienced Board: 489's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Dongfeng Motor Group Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Dongfeng Motor Group Company Limited
  • Ticker: 489
  • Exchange: SEHK
  • Founded: 1969
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Implied Market Cap: HK$61.519b
  • Shares outstanding: 8.62b
  • Website: https://www.dfmg.com.cn

Number of Employees


Location

  • Dongfeng Motor Group Company Limited
  • Special No. 1 Dongfeng Road
  • Wuhan Eco and Tech Development Zone
  • Wuhan
  • Hubei Province
  • 430056
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 16:03
End of Day Share Price2022/01/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.