SEHK:1292

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Changan Minsheng APLL Logistics

Executive Summary

Changan Minsheng APLL Logistics Co., Ltd., together with its subsidiaries, provides supply chain management services for automobiles and automobile raw materials, components, and parts in Mainland China. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Changan Minsheng APLL Logistics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1292 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.5%

1292

-1.6%

HK Logistics

1.2%

HK Market


1 Year Return

-12.1%

1292

3.1%

HK Logistics

2.3%

HK Market

Return vs Industry: 1292 underperformed the Hong Kong Logistics industry which returned 3.1% over the past year.

Return vs Market: 1292 underperformed the Hong Kong Market which returned 2.3% over the past year.


Shareholder returns

1292IndustryMarket
7 Day-5.5%-1.6%1.2%
30 Day-9.1%13.5%7.0%
90 Day10.5%35.9%3.6%
1 Year-12.1%-12.1%8.4%3.1%6.6%2.3%
3 Year-63.0%-65.9%-15.8%-25.4%-4.7%-15.1%
5 Year-73.4%-76.0%-13.1%-27.9%19.1%-1.1%

Price Volatility Vs. Market

How volatile is Changan Minsheng APLL Logistics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Changan Minsheng APLL Logistics undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1292 (HK$1.89) is trading below our estimate of fair value (HK$179.95)

Significantly Below Fair Value: 1292 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1292 is unprofitable, so we can't compare its PE Ratio to the HK Logistics industry average.

PE vs Market: 1292 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1292's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1292 is good value based on its PB Ratio (0.1x) compared to the HK Logistics industry average (0.9x).


Next Steps

Future Growth

How is Changan Minsheng APLL Logistics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.0%

Forecasted Transportation 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 Changan Minsheng APLL Logistics 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

Past Performance

How has Changan Minsheng APLL Logistics performed over the past 5 years?

-52.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1292 is currently unprofitable.

Growing Profit Margin: 1292 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1292 is unprofitable, and losses have increased over the past 5 years at a rate of 52.8% per year.

Accelerating Growth: Unable to compare 1292's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1292 is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-14.5%).


Return on Equity

High ROE: 1292 has a negative Return on Equity (-5.17%), as it is currently unprofitable.


Next Steps

Financial Health

How is Changan Minsheng APLL Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: 1292's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.2B).

Long Term Liabilities: 1292's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥99.7M).


Debt to Equity History and Analysis

Debt Level: 1292 is debt free.

Reducing Debt: 1292 has no debt compared to 5 years ago when its debt to equity ratio was 6.3%.

Debt Coverage: 1292 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1292 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Changan Minsheng APLL Logistics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1292's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1292'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 1292's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1292's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1292 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 1292'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?

4.4yrs

Average management tenure


CEO

Jinggang Shi (53 yo)

4.42yrs

Tenure

CN¥635,000

Compensation

Mr. Jinggang Shi (???) has been General Manager of Changan Minsheng APLL Logistics Co., Ltd. since May 31, 2016. He has been an Executive Director of Changan Minsheng APLL Logistics Co., Ltd. since June 30 ...


CEO Compensation Analysis

Compensation vs Market: Jinggang's total compensation ($USD94.96K) is below average for companies of similar size in the Hong Kong market ($USD233.00K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Shikang Xie
Executive Chairman of the Board4.33yrsCN¥635.00kno data
Jinggang Shi
GM & Executive Director4.42yrsCN¥635.00kno data
William K. Villalon
Executive Director10.33yrsno datano data
Wenbo Chen
Executive Director1.83yrsno datano data
Fei Ren
Chief Accountant & Board Secretary0.083yrno datano data
Honglian Ren
Chief Compliance Officerno datano datano data
Ming Huang
Chief Management Expertno datano datano data
Zhigang Chen
Deputy General Manager9.33yrsno datano data
Nianyong Wan
Deputy General Managerno datano datano data
Xiaofeng Wang
Deputy General Managerno datano datano data
Huang Xuesong
Company Secretaryno datano datano data

4.4yrs

Average Tenure

53yo

Average Age

Experienced Management: 1292's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shikang Xie
Executive Chairman of the Board4.33yrsCN¥635.00kno data
Jinggang Shi
GM & Executive Director4.42yrsCN¥635.00kno data
William K. Villalon
Executive Director10.33yrsno datano data
Wenbo Chen
Executive Director1.83yrsno datano data
Chiu Kwok Poon
Independent Non-Executive Director9.08yrsCN¥125.00kno data
Teck Sin Chong
Independent Non-Executive Director15.25yrsCN¥125.00kno data
Jing Jie
Independent Non-Executive Director7.83yrsCN¥125.00kno data
Yun Zhang
Independent Non-Executive Director7.83yrsCN¥125.00kno data
Hin Wai Man
Non-Executive Director2.33yrsno datano data
Huaicheng Wang
Chairman of Supervisory Committee2.33yrsno datano data
Xiaodong Chen
Non-Executive Director1.83yrsno datano data
Lijun Xia
Non-Executive Director0.33yrno datano data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Board: 1292's board of directors are considered experienced (4.3 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

Changan Minsheng APLL Logistics Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Changan Minsheng APLL Logistics Co., Ltd.
  • Ticker: 1292
  • Exchange: SEHK
  • Founded: 2001
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: HK$306.301m
  • Shares outstanding: 162.06m
  • Website: https://www.camsl.com

Number of Employees


Location

  • Changan Minsheng APLL Logistics Co., Ltd.
  • 144-151 Singga Commercial Centre
  • 16th Floor
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1292SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDFeb 2006

Biography

Changan Minsheng APLL Logistics Co., Ltd., together with its subsidiaries, provides supply chain management services for automobiles and automobile raw materials, components, and parts in Mainland China. I ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 12:54
End of Day Share Price2020/10/23 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.