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China Yongda Automobiles Services Holdings

Market Cap

HK$28.1b

Last Updated

2021/05/07 10:19 UTC

Data Sources

Company Financials +

Executive Summary

China Yongda Automobiles Services Holdings Limited, an investment holding company, operates as a passenger vehicle retailer and service provider. More Details


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has China Yongda Automobiles Services Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3669 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 3669's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-1.3%

3669

-1.4%

HK Specialty Retail

-1.8%

HK Market


1 Year Return

85.8%

3669

62.4%

HK Specialty Retail

27.5%

HK Market

Return vs Industry: 3669 exceeded the Hong Kong Specialty Retail industry which returned 62.4% over the past year.

Return vs Market: 3669 exceeded the Hong Kong Market which returned 27.5% over the past year.


Shareholder returns

3669IndustryMarket
7 Day-1.3%-1.4%-1.8%
30 Day-2.7%-0.3%-1.6%
90 Day17.6%6.0%-2.5%
1 Year91.2%85.8%67.1%62.4%32.5%27.5%
3 Year82.1%64.1%42.1%25.7%4.0%-7.0%
5 Year341.6%287.2%149.2%107.5%60.1%32.9%

Long-Term Price Volatility Vs. Market

How volatile is China Yongda Automobiles Services Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Yongda Automobiles Services Holdings undervalued compared to its fair value and its price relative to the market?

13.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 3669 (HK$13.9) is trading above our estimate of fair value (HK$13.54)

Significantly Below Fair Value: 3669 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 3669 is good value based on its PE Ratio (13.6x) compared to the HK Specialty Retail industry average (15.9x).

PE vs Market: 3669 is poor value based on its PE Ratio (13.6x) compared to the Hong Kong market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: 3669 is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: 3669 is overvalued based on its PB Ratio (1.9x) compared to the HK Specialty Retail industry average (1x).


Future Growth

How is China Yongda Automobiles Services Holdings forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

19.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3669's forecast earnings growth (19.3% per year) is above the savings rate (1.5%).

Earnings vs Market: 3669's earnings (19.3% per year) are forecast to grow faster than the Hong Kong market (17.2% per year).

High Growth Earnings: 3669's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3669's revenue (11.5% per year) is forecast to grow slower than the Hong Kong market (12.6% per year).

High Growth Revenue: 3669's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3669's Return on Equity is forecast to be low in 3 years time (18.1%).


Past Performance

How has China Yongda Automobiles Services Holdings performed over the past 5 years?

15.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3669 has high quality earnings.

Growing Profit Margin: 3669's current net profit margins (2.4%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: 3669's earnings have grown by 15.1% per year over the past 5 years.

Accelerating Growth: 3669's earnings growth over the past year (10.4%) is below its 5-year average (15.1% per year).

Earnings vs Industry: 3669 earnings growth over the past year (10.4%) exceeded the Specialty Retail industry -13.2%.


Return on Equity

High ROE: 3669's Return on Equity (14%) is considered low.


Financial Health

How is China Yongda Automobiles Services Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 3669's short term assets (CN¥20.2B) exceed its short term liabilities (CN¥16.0B).

Long Term Liabilities: 3669's short term assets (CN¥20.2B) exceed its long term liabilities (CN¥6.3B).


Debt to Equity History and Analysis

Debt Level: 3669's debt to equity ratio (83.3%) is considered high.

Reducing Debt: 3669's debt to equity ratio has reduced from 156% to 83.3% over the past 5 years.

Debt Coverage: 3669's debt is well covered by operating cash flow (55.7%).

Interest Coverage: 3669's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet


Dividend

What is China Yongda Automobiles Services Holdings's current dividend yield, its reliability and sustainability?

2.49%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 07 2021Ex Dividend DateMay 25 2021Dividend Pay DateJun 18 202124 days from Ex DividendBuy in the next 18 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 3669's dividend (2.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).

High Dividend: 3669's dividend (2.49%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.01%).


Stability and Growth of Payments

Stable Dividend: 3669 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 3669's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.8%), 3669's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 3669's dividends in 3 years are forecast to be well covered by earnings (34.3% payout ratio).


Next Steps

Management

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

3.9yrs

Average management tenure


CEO

Yingjie Cai (52 yo)

6.17yrs

Tenure

CN¥1,753,000

Compensation

Mr. Yingjie Cai has been Vice Chairman and Chief Executive Officer of China Yongda Automobiles Services Holdings Limited since March 23, 2015. Mr. Cai served as General Manager of China Yongda Automobiles ...


CEO Compensation Analysis

Compensation vs Market: Yingjie's total compensation ($USD271.24K) is below average for companies of similar size in the Hong Kong market ($USD676.45K).

Compensation vs Earnings: Yingjie's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 3669's management team is considered experienced (3.9 years average tenure).


Board Members

Experienced Board: 3669's board of directors are considered experienced (6.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 3669 insiders have only sold shares 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 7.2%.


Top Shareholders

Company Information

China Yongda Automobiles Services Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Yongda Automobiles Services Holdings Limited
  • Ticker: 3669
  • Exchange: SEHK
  • Founded: 2011
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: HK$28.057b
  • Shares outstanding: 1.98b
  • Website: https://www.ydauto.com.cn

Number of Employees


Location

  • China Yongda Automobiles Services Holdings Limited
  • 299 Ruijin Nan Road
  • Huangpu District
  • Shanghai
  • 200023
  • China

Listings


Biography

China Yongda Automobiles Services Holdings Limited, an investment holding company, operates as a passenger vehicle retailer and service provider. The company focuses on luxury and ultra-luxury brands. It o...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 10:19
End of Day Share Price2021/05/07 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.