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XINH

Xin Hwa Holdings BerhadKLSE:XINHWA Stock Report

Market Cap

RM98.1m

7D

6.7%

1Y

31.1%

Updated

19 Oct, 2021

Data

Company Financials
XINHWA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends0/6

XINHWA Overview

Xin Hwa Holdings Berhad, an investment holding company, provides integrated logistics services in Malaysia, Singapore, and Indonesia.

Xin Hwa Holdings Berhad Competitors

TASCO Berhad

KLSE:TASCO

RM1.0b

Harbour-Link Group Berhad

KLSE:HARBOUR

RM589.9m

Freight Management Holdings Bhd

KLSE:FREIGHT

RM524.9m

CJ Century Logistics Holdings Berhad

KLSE:CJCEN

RM314.0m

Price History & Performance

Summary of all time highs, changes and price drops for Xin Hwa Holdings Berhad
Historical stock prices
Current Share PriceRM0.40
52 Week HighRM0.30
52 Week LowRM0.49
Beta0.57
1 Month Change8.11%
3 Month Change-4.76%
1 Year Change31.15%
3 Year Change-49.37%
5 Year Change-61.60%
Change since IPO-44.02%

Recent News & Updates

Jul 02
Investors Could Be Concerned With Xin Hwa Holdings Berhad's (KLSE:XINHWA) Returns On Capital

Investors Could Be Concerned With Xin Hwa Holdings Berhad's (KLSE:XINHWA) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...

May 18
Here's Why Xin Hwa Holdings Berhad (KLSE:XINHWA) Is Weighed Down By Its Debt Load

Here's Why Xin Hwa Holdings Berhad (KLSE:XINHWA) Is Weighed Down By Its Debt Load

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Mar 03
We're Watching These Trends At Xin Hwa Holdings Berhad (KLSE:XINHWA)

We're Watching These Trends At Xin Hwa Holdings Berhad (KLSE:XINHWA)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...

Jan 05
Here's Why Xin Hwa Holdings Berhad (KLSE:XINHWA) Is Weighed Down By Its Debt Load

Here's Why Xin Hwa Holdings Berhad (KLSE:XINHWA) Is Weighed Down By Its Debt Load

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

XINHWAMY TransportationMY Market
7D6.7%-0.9%1.3%
1Y31.1%11.6%8.7%

Return vs Industry: XINHWA exceeded the MY Transportation industry which returned 15.9% over the past year.

Return vs Market: XINHWA exceeded the MY Market which returned 8.2% over the past year.

Price Volatility

Is XINHWA's price volatile compared to industry and market?
XINHWA volatility
XINHWA Beta0.57
Industry Beta1.95
Market Beta1

Stable Share Price: XINHWA is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: XINHWA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965804Aik Nghttps://www.xinhwa.com.my

Xin Hwa Holdings Berhad, an investment holding company, provides integrated logistics services in Malaysia, Singapore, and Indonesia. It operates through three segments: Land Transport, Warehousing and Distribution, and Others. The company offers cargo transportation services, such as consolidation and distribution of less than truck load cargo, inter-state cargo transportation, and cross-border cargo transportation services, as well as transportation services for over-dimensional and heavy cargo for large-scale projects.

Xin Hwa Holdings Berhad Fundamentals Summary

How do Xin Hwa Holdings Berhad's earnings and revenue compare to its market cap?
XINHWA fundamental statistics
Market CapRM98.06m
Earnings (TTM)RM2.80m
Revenue (TTM)RM101.32m

35.1x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XINHWA income statement (TTM)
RevenueRM101.32m
Cost of RevenueRM66.53m
Gross ProfitRM34.79m
ExpensesRM31.99m
EarningsRM2.80m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.011
Gross Margin34.34%
Net Profit Margin2.76%
Debt/Equity Ratio74.1%

How did XINHWA perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

0%

Payout Ratio

Valuation

Is Xin Hwa Holdings Berhad undervalued compared to its fair value and its price relative to the market?

35.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: XINHWA (MYR0.4) is trading above our estimate of fair value (MYR0.07)

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


Price To Earnings Ratio

PE vs Industry: XINHWA is poor value based on its PE Ratio (35.1x) compared to the Asian Transportation industry average (14.8x).

PE vs Market: XINHWA is poor value based on its PE Ratio (35.1x) compared to the MY market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: XINHWA is good value based on its PB Ratio (0.5x) compared to the MY Transportation industry average (1.2x).


Future Growth

How is Xin Hwa Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.5%

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 Xin Hwa Holdings Berhad 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.


Past Performance

How has Xin Hwa Holdings Berhad performed over the past 5 years?

-50.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XINHWA has high quality earnings.

Growing Profit Margin: XINHWA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: XINHWA's earnings have declined by 50.3% per year over the past 5 years.

Accelerating Growth: XINHWA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: XINHWA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Transportation industry (10%).


Return on Equity

High ROE: XINHWA's Return on Equity (1.5%) is considered low.


Financial Health

How is Xin Hwa Holdings Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: XINHWA's short term assets (MYR42.6M) do not cover its short term liabilities (MYR56.6M).

Long Term Liabilities: XINHWA's short term assets (MYR42.6M) do not cover its long term liabilities (MYR122.1M).


Debt to Equity History and Analysis

Debt Level: XINHWA's debt to equity ratio (74.1%) is considered high.

Reducing Debt: XINHWA's debt to equity ratio has increased from 28.2% to 74.1% over the past 5 years.

Debt Coverage: XINHWA's debt is not well covered by operating cash flow (11.7%).

Interest Coverage: XINHWA's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Dividend

What is Xin Hwa Holdings Berhad current dividend yield, its reliability and sustainability?

1.25%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XINHWA's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.49%).

High Dividend: XINHWA's dividend (1.25%) is low compared to the top 25% of dividend payers in the MY market (4.12%).


Stability and Growth of Payments

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

Growing Dividend: XINHWA has only been paying a dividend for 6 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as XINHWA has not reported any payouts.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Aik Ng (53 yo)

8.75yrs

Tenure

RM60,000

Compensation

Mr. Aik Chuan Ng is a co-founder of Xin Hwa Holdings Berhad and has been its Managing Director since January 18, 2013. Mr. Ng is primarily responsible for charting Group's strategic direction and overseein...


CEO Compensation Analysis

Compensation vs Market: Aik's total compensation ($USD14.39K) is below average for companies of similar size in the MY market ($USD124.08K).

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


Leadership Team

Experienced Management: XINHWA's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: XINHWA's board of directors are considered experienced (7.8 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 been diluted in the past year, with total shares outstanding growing by 10.7%.


Top Shareholders

Company Information

Xin Hwa Holdings Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Xin Hwa Holdings Berhad
  • Ticker: XINHWA
  • Exchange: KLSE
  • Founded: 1965
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: RM98.060m
  • Shares outstanding: 245.15m
  • Website: https://www.xinhwa.com.my

Number of Employees


Location

  • Xin Hwa Holdings Berhad
  • No.2, Jalan Permatang 2
  • Kempas Baru
  • Johor Bahru
  • Johor
  • 81200
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 11:06
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.