CXDC

China XD PlasticsNasdaqGM:CXDC Stock Report

Market Cap

US$30.1m

7D

-21.7%

1Y

-63.0%

Updated

16 Sep, 2021

Data

Company Financials
CXDC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CXDC Overview

China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the People’s Republic of China, and Dubai, the United Arab Emirates.

China XD Plastics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China XD Plastics
Historical stock prices
Current Share PriceUS$0.43
52 Week HighUS$0.36
52 Week LowUS$1.35
Beta0.81
1 Month Change-39.00%
3 Month Change-31.13%
1 Year Change-63.03%
3 Year Change-87.97%
5 Year Change-91.12%
Change since IPO-88.54%

Recent News & Updates

Shareholder Returns

CXDCUS Auto ComponentsUS Market
7D-21.7%1.8%-0.6%
1Y-63.0%54.2%33.7%

Return vs Industry: CXDC underperformed the US Auto Components industry which returned 45.4% over the past year.

Return vs Market: CXDC underperformed the US Market which returned 30.7% over the past year.

Price Volatility

Is CXDC's price volatile compared to industry and market?
CXDC volatility
CXDC Beta0.81
Industry Beta1.9
Market Beta1

Stable Share Price: CXDC is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 48% a week.

Volatility Over Time: CXDC's weekly volatility has increased from 25% to 48% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985972Jie Hanhttps://www.chinaxd.net

China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the People’s Republic of China, and Dubai, the United Arab Emirates. Its modified plastics are used to fabricate various auto components, including exteriors consisting of automobile bumpers, rearview and sideview mirrors, and license plate parts; interiors, such as door panels, dashboards, steering wheels, glove compartments, and safety belt components; and functional components comprising air conditioner casings, heating and ventilation casings, engine covers, and air ducts. The company also offers engineered plastics and environment-friendly plastics for use in oilfield equipment, mining equipment, vessel propulsion systems, and power station equipment; and polymer composite materials.

Valuation

Is China XD Plastics undervalued compared to its fair value and its price relative to the market?

0.036x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CXDC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CXDC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CXDC is unprofitable, so we can't compare its PE Ratio to the US Auto Components industry average.

PE vs Market: CXDC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CXDC is good value based on its PB Ratio (0x) compared to the US Auto Components industry average (2.1x).


Future Growth

How is China XD Plastics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.3%

Forecasted Automobiles 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 China XD Plastics 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 China XD Plastics performed over the past 5 years?

-38.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CXDC is currently unprofitable.

Growing Profit Margin: CXDC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CXDC is unprofitable, and losses have increased over the past 5 years at a rate of 38% per year.

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

Earnings vs Industry: CXDC is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (123.4%).


Return on Equity

High ROE: CXDC has a negative Return on Equity (-11%), as it is currently unprofitable.


Financial Health

How is China XD Plastics's financial position?


Financial Position Analysis

Short Term Liabilities: CXDC's short term assets ($1.7B) exceed its short term liabilities ($1.3B).

Long Term Liabilities: CXDC's short term assets ($1.7B) exceed its long term liabilities ($792.4M).


Debt to Equity History and Analysis

Debt Level: CXDC's debt to equity ratio (159.4%) is considered high.

Reducing Debt: CXDC's debt to equity ratio has increased from 79.6% to 159.4% over the past 5 years.

Debt Coverage: CXDC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if CXDC's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is China XD Plastics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CXDC'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 CXDC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

12.5yrs

Average management tenure


CEO

Jie Han (56 yo)

13.67yrs

Tenure

US$522,049

Compensation

Mr. Jie Han has been the Chief Executive Officer and President of China XD Plastics Company Ltd. since January 2008. Mr. Han served as the Chief Financial Officer and Chief Executive Officer of NB Telecom,...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Jie's total compensation is reasonable compared to companies of similar size in the US market.

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


Leadership Team

Experienced Management: CXDC's management team is seasoned and experienced (12.5 years average tenure).


Board Members

Experienced Board: CXDC's board of directors are seasoned and experienced ( 12.3 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

China XD Plastics Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China XD Plastics Company Limited
  • Ticker: CXDC
  • Exchange: NasdaqGM
  • Founded: 1985
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$30.124m
  • Shares outstanding: 70.55m
  • Website: https://www.chinaxd.net

Number of Employees


Location

  • China XD Plastics Company Limited
  • No. 9 Dalian North Road
  • Haping Road Centralized Industrial Park
  • Harbin
  • Heilongjiang Province
  • 150060
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 04:44
End of Day Share Price2021/09/15 00:00
Earnings2020/09/30
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.