CAR Inc., an investment holding company, provides car and fleet rental services to individual and corporate customers in Mainland China. More Details
Slightly overvalued with worrying balance sheet.
Share Price & News
How has CAR's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 699 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: 699's weekly volatility has decreased from 13% to 7% over the past year.
7 Day Return
1 Year Return
Return vs Industry: 699 underperformed the Hong Kong Transportation industry which returned -8% over the past year.
Return vs Market: 699 underperformed the Hong Kong Market which returned 11.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CAR's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is CAR 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: 699 (HK$3.72) is trading below our estimate of fair value (HK$71.69)
Significantly Below Fair Value: 699 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 699 is unprofitable, so we can't compare its PE Ratio to the XA Transportation industry average.
PE vs Market: 699 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 699's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 699 is overvalued based on its PB Ratio (1.8x) compared to the HK Transportation industry average (1.4x).
How is CAR forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 CAR 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.
- Take a look at our analysis of 699’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- CAR competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
How has CAR performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 699 is currently unprofitable.
Growing Profit Margin: 699 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 699 is unprofitable, and losses have increased over the past 5 years at a rate of 54.4% per year.
Accelerating Growth: Unable to compare 699's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 699 is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-21.9%).
Return on Equity
High ROE: 699 has a negative Return on Equity (-120.22%), as it is currently unprofitable.
How is CAR's financial position?
Financial Position Analysis
Short Term Liabilities: 699's short term assets (CN¥2.5B) do not cover its short term liabilities (CN¥6.4B).
Long Term Liabilities: 699's short term assets (CN¥2.5B) do not cover its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 699's debt to equity ratio (200.5%) is considered high.
Reducing Debt: 699's debt to equity ratio has increased from 119.3% to 200.5% over the past 5 years.
Debt Coverage: 699's debt is well covered by operating cash flow (40.9%).
Interest Coverage: Insufficient data to determine if 699's interest payments on its debt are well covered by EBIT.
What is CAR current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 699's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 699'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 699's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 699's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 699'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
Yifan Song (44 yo)
Ms. Yifan Song has been the Chief Executive Officer and Executive Director of CAR Inc. since April 11, 2016. Ms. Song served as an Executive Vice-President of CAR Inc. since May 15, 2014 and served as its ...
CEO Compensation Analysis
Compensation vs Market: Yifan's total compensation ($USD2.43M) is above average for companies of similar size in the Hong Kong market ($USD460.67K).
Compensation vs Earnings: Yifan's compensation has increased whilst the company is unprofitable.
|CEO & Executive Director||4.58yrs||CN¥16.01m||1.82% |
|VP & CFO||2.17yrs||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Company Secretary||6.33yrs||no data||no data|
Experienced Management: 699's management team is considered experienced (4.6 years average tenure).
|CEO & Executive Director||4.58yrs||CN¥16.01m||1.82% |
|Non-Executive Director||6.58yrs||no data||no data|
|Independent Non-Executive Director||6.25yrs||CN¥689.00k||0.024% |
|Independent Non-Executive Director||6.25yrs||CN¥689.00k||no data|
|Independent Non-Executive Director||2.75yrs||CN¥689.00k||no data|
|Non-Executive Director||0.42yr||no data||no data|
Experienced Board: 699's board of directors are considered experienced (5.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CAR Inc.'s company bio, employee growth, exchange listings and data sources
- Name: CAR Inc.
- Ticker: 699
- Exchange: SEHK
- Founded: 2007
- Industry: Trucking
- Sector: Transportation
- Market Cap: HK$7.890b
- Shares outstanding: 2.12b
- Website: https://www.zuche.com
Number of Employees
- CAR Inc.
- UCAR PARK
- No. 118 East Zhongguancun Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|699||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Sep 2014|
|85C||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 2014|
|699||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Sep 2014|
|699||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Sep 2014|
CAR Inc., an investment holding company, provides car and fleet rental services to individual and corporate customers in Mainland China. The company offers short-term rentals for local and inter-city trave...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 10:14|
|End of Day Share Price||2020/11/27 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.