Shanghai Dongzheng Automotive Finance
Market Cap
HK$1.7b
Last Updated
2021/03/04 10:06 UTC
Data Sources
Company Financials
Executive Summary
Shanghai Dongzheng Automotive Finance Co., Ltd. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with questionable track record.
Share Price & News
How has Shanghai Dongzheng Automotive Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2718 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: 2718's weekly volatility (11%) has been stable over the past year.
Market Performance
7 Day Return
-1.3%
2718
2.4%
HK Consumer Finance
-0.5%
HK Market
1 Year Return
1.3%
2718
23.9%
HK Consumer Finance
21.5%
HK Market
Return vs Industry: 2718 underperformed the Hong Kong Consumer Finance industry which returned 23.9% over the past year.
Return vs Market: 2718 underperformed the Hong Kong Market which returned 21.5% over the past year.
Shareholder returns
| 2718 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | 2.4% | -0.5% |
| 30 Day | 8.2% | 10.7% | 2.1% |
| 90 Day | 33.9% | 21.6% | 11.9% |
| 1 Year | 1.3%1.3% | 27.8%23.9% | 26.2%21.5% |
| 3 Year | n/a | -25.2%-29.9% | 6.2%-4.9% |
| 5 Year | n/a | -19.9%-32.4% | 61.7%34.1% |
Long-Term Price Volatility Vs. Market
How volatile is Shanghai Dongzheng Automotive Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
How Much Of Shanghai Dongzheng Automotive Finance Co., Ltd. (HKG:2718) Do Institutions Own?7 months ago | Simply Wall St
Benign Growth For Shanghai Dongzheng Automotive Finance Co., Ltd. (HKG:2718) Underpins Its Share PriceValuation
Is Shanghai Dongzheng Automotive Finance undervalued compared to its fair value and its price relative to the market?
48.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2718 (HK$0.79) is trading below our estimate of fair value (HK$1.52)
Significantly Below Fair Value: 2718 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2718 is good value based on its PE Ratio (4.3x) compared to the HK Consumer Finance industry average (7.1x).
PE vs Market: 2718 is good value based on its PE Ratio (4.3x) compared to the Hong Kong market (12.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2718's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2718 is good value based on its PB Ratio (0.3x) compared to the HK Consumer Finance industry average (0.6x).
Next Steps
Future Growth
How is Shanghai Dongzheng Automotive Finance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.7%
Forecasted Diversified Financials 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 Shanghai Dongzheng Automotive Finance 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
- Examine whether Shanghai Dongzheng Automotive Finance is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Shanghai Dongzheng Automotive Finance competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has Shanghai Dongzheng Automotive Finance performed over the past 5 years?
14.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2718 has high quality earnings.
Growing Profit Margin: 2718's current net profit margins (62.5%) are lower than last year (63.7%).
Past Earnings Growth Analysis
Earnings Trend: 2718's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: 2718's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2718 had negative earnings growth (-23.2%) over the past year, making it difficult to compare to the Consumer Finance industry average (-23.2%).
Return on Equity
High ROE: 2718's Return on Equity (8%) is considered low.
Next Steps
Financial Health
How is Shanghai Dongzheng Automotive Finance's financial position?
Financial Position Analysis
Short Term Liabilities: 2718's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥226.6M).
Long Term Liabilities: 2718's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 2718's debt to equity ratio (98.7%) is considered high.
Reducing Debt: Insufficient data to determine if 2718's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2718's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2718's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Shanghai Dongzheng Automotive Finance current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2718's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2718'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 2718's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2718's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 2718 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 2718'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?
2.8yrs
Average board tenure
CEO
Yi Li (47 yo)
3.83yrs
Tenure
Mr. Yi Li serves as President of Shanghai Dongzheng Automotive Finance Co., Ltd. since May 2017. He served as the Chief Operating Officer of China Zhengtong Auto Services Holdings Limited from July 2012 to...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | no data | no data | no data | |
| Executive Director | no data | no data | no data | |
| Independent Non-Executive Director | 1.08yrs | no data | no data | |
| Independent Non-Executive Director | no data | no data | no data | |
| Chairman of the Board of Supervisors | 2.83yrs | no data | no data | |
| Non-Executive Director | no data | no data | no data | |
| Non-Executive Director | 1.5yrs | no data | no data | |
| Supervisor | 2.83yrs | no data | no data | |
| Employee Representative Supervisor | 2.83yrs | no data | no data |
2.8yrs
Average Tenure
49yo
Average Age
Experienced Board: 2718's board of directors are not considered experienced ( 2.8 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Shanghai Dongzheng Automotive Finance Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shanghai Dongzheng Automotive Finance Co., Ltd.
- Ticker: 2718
- Exchange: SEHK
- Founded: 2015
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: HK$1.733b
- Shares outstanding: 2.14b
- Website: https://www.dongzhengafc.com
Number of Employees
Location
- Shanghai Dongzheng Automotive Finance Co., Ltd.
- Mirae Asset Tower
- Unit ABC
- Shanghai
- Shanghai Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2718 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Domestic Shares | HK | HKD | Apr 2019 |
| 2XK | DB (Deutsche Boerse AG) | Yes | Domestic Shares | DE | EUR | Apr 2019 |
Biography
Shanghai Dongzheng Automotive Finance Co., Ltd. operates as an auto finance company in the People’s Republic of China. The company operates through Retail Business, Dealer’s Loan Business, and Others segme...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 10:06 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.