SEHK:3669

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China Yongda Automobiles Services Holdings

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 and fair value.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

17.1%

3669

3.5%

HK Specialty Retail

0.1%

HK Market


1 Year Return

72.4%

3669

41.7%

HK Specialty Retail

2.0%

HK Market

Return vs Industry: 3669 exceeded the Hong Kong Specialty Retail industry which returned 37.8% over the past year.

Return vs Market: 3669 exceeded the Hong Kong Market which returned 0.7% over the past year.


Shareholder returns

3669IndustryMarket
7 Day17.1%3.5%0.1%
30 Day21.9%6.4%2.4%
90 Day25.5%17.6%-0.4%
1 Year77.4%72.4%44.7%41.7%6.3%2.0%
3 Year17.5%5.9%37.5%23.0%-5.7%-16.0%
5 Year278.3%220.7%94.4%58.9%16.4%-3.4%

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?

22.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3669 (HK$11.48) is trading below our estimate of fair value (HK$14.76)

Significantly Below Fair Value: 3669 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3669 is poor value based on its PE Ratio (14.4x) compared to the HK Specialty Retail industry average (13.8x).

PE vs Market: 3669 is poor value based on its PE Ratio (14.4x) compared to the Hong Kong market (11.3x).


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 (1.8x) compared to the HK Specialty Retail industry average (1.1x).


Next Steps

Future Growth

How is China Yongda Automobiles Services Holdings forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

20.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3669's forecast earnings growth (20.3% per year) is above the savings rate (1.6%).

Earnings vs Market: 3669's earnings (20.3% per year) are forecast to grow slower than the Hong Kong market (22.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3669's revenue (11.3% per year) is forecast to grow slower than the Hong Kong market (13.2% per year).

High Growth Revenue: 3669's revenue (11.3% 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 (16.8%).


Next Steps

Past Performance

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

18.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3669 has high quality earnings.

Growing Profit Margin: 3669's current net profit margins (2.1%) are lower than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: 3669's earnings have grown by 18.7% per year over the past 5 years.

Accelerating Growth: 3669's earnings growth over the past year (0.3%) is below its 5-year average (18.7% per year).

Earnings vs Industry: 3669 earnings growth over the past year (0.3%) exceeded the Specialty Retail industry -27.4%.


Return on Equity

High ROE: 3669's Return on Equity (11.9%) is considered low.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: 3669's short term assets (CN¥20.9B) exceed its short term liabilities (CN¥18.4B).

Long Term Liabilities: 3669's short term assets (CN¥20.9B) exceed its long term liabilities (CN¥5.6B).


Debt to Equity History and Analysis

Debt Level: 3669's debt to equity ratio (101.7%) is considered high.

Reducing Debt: 3669's debt to equity ratio has reduced from 174.7% to 101.7% over the past 5 years.

Debt Coverage: 3669's debt is well covered by operating cash flow (33.6%).

Interest Coverage: 3669's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Next Steps

Dividend

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

3.38%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3669's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3669'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 3669's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3669's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3669 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 3669'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?

4.1yrs

Average management tenure


CEO

Yingjie Cai (52 yo)

5.58yrs

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 ($USD262.57K) is below average for companies of similar size in the Hong Kong market ($USD635.07K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Tak On Cheung
Chairman of the Board of Directorsno dataCN¥2.70m30.74%
CN¥ 6.7b
Yingjie Cai
Vice Chairman & CEO5.58yrsCN¥1.75m3.09%
CN¥ 677.9m
Zhigao Wang
Vice Chairman5.58yrsCN¥1.42m1.48%
CN¥ 323.3m
Yue Xu
President & Vice Chairman0.58yrCN¥3.91m0.24%
CN¥ 52.8m
Yi Chen
VP & Executive Director5.58yrsCN¥2.37m0.086%
CN¥ 18.8m
Liang Tang
Deputy GM & Executive Director0.75yrno datano data
Ming-Wai Mok
Joint Company Secretary8.75yrsno datano data
Hong Zhang
VP & Joint Company Secretary2.58yrsno datano data
Ying Dong
VP & Deputy GM4.08yrsno datano data

4.1yrs

Average Tenure

48yo

Average Age

Experienced Management: 3669's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tak On Cheung
Chairman of the Board of Directorsno dataCN¥2.70m30.74%
CN¥ 6.7b
Yingjie Cai
Vice Chairman & CEO5.58yrsCN¥1.75m3.09%
CN¥ 677.9m
Zhigao Wang
Vice Chairman5.58yrsCN¥1.42m1.48%
CN¥ 323.3m
Yue Xu
President & Vice Chairman0.58yrCN¥3.91m0.24%
CN¥ 52.8m
Yi Chen
VP & Executive Director5.58yrsCN¥2.37m0.086%
CN¥ 18.8m
Liang Tang
Deputy GM & Executive Director0.75yrno datano data
Li-Qun Wang
Non-Executive Director8.75yrsCN¥269.00kno data
Wei Lyu
Independent Non-Executive Director8.75yrsCN¥269.00kno data
Dezhen Zhu
Independent Non-Executive Director5.42yrsCN¥269.00kno data
Binrui Mu
Independent Non-Executive Director1.75yrsCN¥240.00kno data

5.5yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 3669's board of directors are considered experienced (5.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 3669 insiders have bought more shares than they have sold 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 7.1%.


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$21.913b
  • Shares outstanding: 1.97b
  • Website: https://www.ydauto.com.cn

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3669SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2012
1CYDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2012
CYYH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2012
3669SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJul 2012
3669SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJul 2012

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 Analysis2020/10/21 12:54
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.