1293 Stock Overview
Grand Baoxin Auto Group Limited, an investment holding company, engages in the sale and service of motor vehicles primarily in Mainland China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.74|
|52 Week High||HK$1.87|
|52 Week Low||HK$0.62|
|1 Month Change||-10.84%|
|3 Month Change||-31.48%|
|1 Year Change||-23.71%|
|3 Year Change||-66.96%|
|5 Year Change||-68.64%|
|Change since IPO||-89.86%|
Recent News & Updates
We Think Grand Baoxin Auto Group (HKG:1293) Is Taking Some Risk With Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is It Too Late To Consider Buying Grand Baoxin Auto Group Limited (HKG:1293)?
Grand Baoxin Auto Group Limited ( HKG:1293 ), is not the largest company out there, but it received a lot of attention...
Investors Will Want Grand Baoxin Auto Group's (HKG:1293) Growth In ROCE To Persist
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
|1293||HK Specialty Retail||HK Market|
Return vs Industry: 1293 underperformed the Hong Kong Specialty Retail industry which returned 9.4% over the past year.
Return vs Market: 1293 underperformed the Hong Kong Market which returned -5.9% over the past year.
|1293 Average Weekly Movement||7.5%|
|Specialty Retail Industry Average Movement||6.5%|
|Market Average Movement||6.8%|
|10% most volatile stocks in HK Market||13.4%|
|10% least volatile stocks in HK Market||3.3%|
Stable Share Price: 1293 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 1293's weekly volatility (8%) has been stable over the past year.
About the Company
Grand Baoxin Auto Group Limited, an investment holding company, engages in the sale and service of motor vehicles primarily in Mainland China. It also offers after-sales services, such as maintenance, repair, and vehicle customization, as well as sells auto parts and related products; and sells accessories and other automobile related products, as well as used cars. In addition, the company provides auto insurance, retrofitting, and finance leasing services.
Grand Baoxin Auto Group Fundamentals Summary
|1293 fundamental statistics|
Is 1293 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1293 income statement (TTM)|
|Cost of Revenue||CN¥38.38b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.18|
|Net Profit Margin||1.27%|
How did 1293 perform over the long term?See historical performance and comparison
Is Grand Baoxin Auto Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1293 (HK$0.74) is trading below our estimate of fair value (HK$11.74)
Significantly Below Fair Value: 1293 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1293 is good value based on its PE Ratio (3.4x) compared to the Hong Kong Specialty Retail industry average (9.9x).
PE vs Market: 1293 is good value based on its PE Ratio (3.4x) compared to the Hong Kong market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: 1293 is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: 1293 is good value based on its PB Ratio (0.2x) compared to the HK Specialty Retail industry average (1x).
How is Grand Baoxin Auto Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1293's forecast earnings growth (16.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 1293's earnings (16.2% per year) are forecast to grow slower than the Hong Kong market (17.2% per year).
High Growth Earnings: 1293's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1293's revenue (3.1% per year) is forecast to grow slower than the Hong Kong market (12.3% per year).
High Growth Revenue: 1293's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1293's Return on Equity is forecast to be low in 3 years time (8.4%).
How has Grand Baoxin Auto Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1293 has high quality earnings.
Growing Profit Margin: 1293's current net profit margins (1.3%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: 1293 has become profitable over the past 5 years, growing earnings by -2.2% per year.
Accelerating Growth: 1293's earnings growth over the past year (26.3%) exceeds its 5-year average (-2.2% per year).
Earnings vs Industry: 1293 earnings growth over the past year (26.3%) underperformed the Specialty Retail industry 51.1%.
Return on Equity
High ROE: 1293's Return on Equity (6%) is considered low.
How is Grand Baoxin Auto Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1293's short term assets (CN¥17.1B) exceed its short term liabilities (CN¥12.4B).
Long Term Liabilities: 1293's short term assets (CN¥17.1B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 1293's net debt to equity ratio (53.9%) is considered high.
Reducing Debt: 1293's debt to equity ratio has reduced from 155.6% to 75.6% over the past 5 years.
Debt Coverage: 1293's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 1293's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Grand Baoxin Auto Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1293's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1293'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 1293's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1293's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1293 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 1293's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Xinming Wang (48 yo)
Mr. Xinming Wang has been the President and Executive Director of Grand Baoxin Auto Group Limited since June 21, 2016. Mr. Wang has been the President of CGA since May 2016. He serves as President and Dire...
CEO Compensation Analysis
Compensation vs Market: Xinming's total compensation ($USD284.95K) is about average for companies of similar size in the Hong Kong market ($USD289.03K).
Compensation vs Earnings: Xinming's compensation has been consistent with company performance over the past year.
Experienced Management: 1293's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: 1293's board of directors are considered experienced (3.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Grand Baoxin Auto Group Limited's employee growth, exchange listings and data sources
- Name: Grand Baoxin Auto Group Limited
- Ticker: 1293
- Exchange: SEHK
- Founded: 1999
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: HK$2.100b
- Shares outstanding: 2.84b
- Website: https://www.klbaoxin.com
Number of Employees
- Grand Baoxin Auto Group Limited
- No. 3998 Hongxin Road
- Minhang District
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/03 16:08|
|End of Day Share Price||2021/12/03 00:00|
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.