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Huazhong In-Vehicle Holdings

Market Cap

HK$2.2b

Last Updated

2021/05/13 10:26 UTC

Data Sources

Company Financials

Executive Summary

Huazhong In-Vehicle Holdings Company Limited, an investment holding company, manufactures and sells automobile body parts in Mainland China and internationally. More Details


Snowflake Analysis

Adequate balance sheet with proven track record.

Share Price & News

How has Huazhong In-Vehicle Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6830 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: 6830's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.


Market Performance


7 Day Return

-32.2%

6830

-4.2%

HK Auto Components

-1.1%

HK Market


1 Year Return

74.3%

6830

60.8%

HK Auto Components

24.0%

HK Market

Return vs Industry: 6830 exceeded the Hong Kong Auto Components industry which returned 60.8% over the past year.

Return vs Market: 6830 exceeded the Hong Kong Market which returned 24% over the past year.


Shareholder returns

6830IndustryMarket
7 Day-32.2%-4.2%-1.1%
30 Day-34.1%-3.3%-0.4%
90 Day-31.5%-21.9%-6.8%
1 Year75.8%74.3%65.5%60.8%28.8%24.0%
3 Year-15.4%-17.0%-11.5%-18.8%1.7%-9.1%
5 Year63.6%59.8%18.8%6.7%59.5%32.5%

Long-Term Price Volatility Vs. Market

How volatile is Huazhong In-Vehicle Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Huazhong In-Vehicle Holdings undervalued compared to its fair value and its price relative to the market?

16.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6830 (HK$1.22) is trading above our estimate of fair value (HK$0.07)

Significantly Below Fair Value: 6830 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6830 is good value based on its PE Ratio (16.7x) compared to the Hong Kong Auto Components industry average (17x).

PE vs Market: 6830 is poor value based on its PE Ratio (16.7x) compared to the Hong Kong market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6830's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6830 is overvalued based on its PB Ratio (1.6x) compared to the HK Auto Components industry average (1.3x).


Future Growth

How is Huazhong In-Vehicle Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.5%

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 Huazhong In-Vehicle 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.


Past Performance

How has Huazhong In-Vehicle Holdings performed over the past 5 years?

-0.02%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6830 has high quality earnings.

Growing Profit Margin: 6830's current net profit margins (5.4%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: 6830's earnings have declined by 0.02% per year over the past 5 years.

Accelerating Growth: 6830's earnings growth over the past year (28.2%) exceeds its 5-year average (-0.02% per year).

Earnings vs Industry: 6830 earnings growth over the past year (28.2%) exceeded the Auto Components industry 13.4%.


Return on Equity

High ROE: 6830's Return on Equity (9.3%) is considered low.


Financial Health

How is Huazhong In-Vehicle Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 6830's short term assets (CN¥1.7B) do not cover its short term liabilities (CN¥1.9B).

Long Term Liabilities: 6830's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥209.6M).


Debt to Equity History and Analysis

Debt Level: 6830's debt to equity ratio (60.5%) is considered high.

Reducing Debt: 6830's debt to equity ratio has reduced from 131.2% to 60.5% over the past 5 years.

Debt Coverage: 6830's debt is well covered by operating cash flow (30.3%).

Interest Coverage: 6830's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Dividend

What is Huazhong In-Vehicle Holdings's current dividend yield, its reliability and sustainability?

0.60%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 13 2021Ex Dividend DateJun 11 2021Dividend Pay DateJul 30 202149 days from Ex DividendBuy in the next 28 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 6830's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (1.93%).

High Dividend: 6830's dividend (0.6%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.02%).


Stability and Growth of Payments

Stable Dividend: 6830 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 6830 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 6830 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 6830'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?

5.0yrs

Average management tenure


CEO

Minfeng Zhou (53 yo)

1.83yrs

Tenure

CN¥1,172,000

Compensation

Mr. Zhou Minfeng is the Founder of Huazhong In-Vehicle Holdings Company Limited and serves as its Chairman of the Board. He serves as CEO at Huazhong In-Vehicle Holdings Company Limited since July 31, 2019...


CEO Compensation Analysis

Compensation vs Market: Minfeng's total compensation ($USD181.53K) is below average for companies of similar size in the Hong Kong market ($USD294.13K).

Compensation vs Earnings: Minfeng's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 6830's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: 6830's board of directors are considered experienced (8.6 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

Huazhong In-Vehicle Holdings Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Huazhong In-Vehicle Holdings Company Limited
  • Ticker: 6830
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: HK$2.158b
  • Shares outstanding: 1.77b
  • Website: https://www.cn-huazhong.com

Number of Employees


Location

  • Huazhong In-Vehicle Holdings Company Limited
  • No. 104 Zhenan Road
  • Xizhou Town
  • Xiangshan
  • Zhejiang Province
  • China

Listings


Biography

Huazhong In-Vehicle Holdings Company Limited, an investment holding company, manufactures and sells automobile body parts in Mainland China and internationally. It offers internal, external structural, and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 10:26
End of Day Share Price2021/05/13 00:00
Earnings2020/12/31
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.