OTCPK:XNGI.F

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Xingda International Holdings

Executive Summary

Xingda International Holdings Limited, an investment holding company, manufactures and trades radial tire cords, steel cords, bead wires, and other wires. More Details


Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Xingda International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

XNGI.F

5.4%

US Auto Components

3.9%

US Market


1 Year Return

n/a

XNGI.F

2.7%

US Auto Components

18.5%

US Market

Return vs Industry: Insufficient data to determine how XNGI.F performed against the US Auto Components industry.

Return vs Market: Insufficient data to determine how XNGI.F performed against the US Market.


Shareholder returns

XNGI.FIndustryMarket
7 Day0%5.4%3.9%
30 Day0%-3.9%-4.3%
90 Dayn/a9.8%8.1%
1 Yearn/a3.7%2.7%21.2%18.5%
3 Yearn/a-21.3%-29.8%38.2%29.0%
5 Yearn/a12.2%-5.6%84.3%63.4%

Price Volatility Vs. Market

How volatile is Xingda International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Xingda International Holdings undervalued compared to its fair value and its price relative to the market?

10.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: XNGI.F ($0.25) is trading above our estimate of fair value ($0.15)

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


Price To Earnings Ratio

PE vs Industry: XNGI.F is good value based on its PE Ratio (11x) compared to the US Auto Components industry average (38.1x).

PE vs Market: XNGI.F is good value based on its PE Ratio (11x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: XNGI.F is good value based on its PB Ratio (0.5x) compared to the US Auto Components industry average (1.7x).


Next Steps

Future Growth

How is Xingda International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.0%

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 Xingda International Holdings 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

  • Examine whether Xingda International Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Xingda International Holdings's filings and announcementshere.
  • Explore growth companies in the Automobiles industry.

Past Performance

How has Xingda International Holdings performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XNGI.F has high quality earnings.

Growing Profit Margin: XNGI.F's current net profit margins (3.3%) are lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: XNGI.F's earnings have grown by 5.3% per year over the past 5 years.

Accelerating Growth: XNGI.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: XNGI.F had negative earnings growth (-21.2%) over the past year, making it difficult to compare to the Auto Components industry average (-18.5%).


Return on Equity

High ROE: XNGI.F's Return on Equity (4.3%) is considered low.


Next Steps

Financial Health

How is Xingda International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: XNGI.F's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥5.7B).

Long Term Liabilities: XNGI.F's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥357.1M).


Debt to Equity History and Analysis

Debt Level: XNGI.F's debt to equity ratio (36.4%) is considered satisfactory.

Reducing Debt: XNGI.F's debt to equity ratio has increased from 9.8% to 36.4% over the past 5 years.

Debt Coverage: XNGI.F's debt is not well covered by operating cash flow (8.6%).

Interest Coverage: XNGI.F earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Xingda International Holdings's current dividend yield, its reliability and sustainability?

7.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XNGI.F's dividend (7.81%) is higher than the bottom 25% of dividend payers in the US market (1.72%).

High Dividend: XNGI.F's dividend (7.81%) is in the top 25% of dividend payers in the US market (4.89%)


Stability and Growth of Payments

Stable Dividend: XNGI.F's dividend payments have been volatile in the past 10 years.

Growing Dividend: XNGI.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (87.8%), XNGI.F's payments are covered by earnings.


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?

15.1yrs

Average board tenure


CEO

Xingda International Holdings has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Jinlan Liu
Executive Chairman15.42yrsCN¥11.01m17.65%
CN¥ 69.9m
Yuxiao Zhang
CFO & Executive Director15.08yrsCN¥4.73m2.83%
CN¥ 11.2m
Xiang Liu
Executive Director15.08yrsCN¥7.23m10.5%
CN¥ 41.6m
Jinxiang Tao
Executive Director15.08yrsCN¥7.44m7.57%
CN¥ 30.0m
William John Sharp
Independent Vice Chairman4.67yrsCN¥406.00k0.020%
CN¥ 77.9k
Fook Sun Koo
Independent Non-Executive Director15.08yrsCN¥406.00k0.025%
CN¥ 100.6k
Chunhua Xu
Independent Non-Executive Director15.08yrsCN¥349.00k0.0031%
CN¥ 12.3k

15.1yrs

Average Tenure

64yo

Average Age

Experienced Board: XNGI.F's board of directors are seasoned and experienced ( 15.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: XNGI.F 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 3.9%.


Top Shareholders

Company Information

Xingda International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xingda International Holdings Limited
  • Ticker: XNGI.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Tires and Rubber
  • Sector: Automobiles
  • Market Cap: HK$3.069b
  • Listing Market Cap: HK$396.027m
  • Shares outstanding: 1.61b
  • Website: https://www.xingda.com.cn

Number of Employees


Location

  • Xingda International Holdings Limited
  • No. 20, Yunling East Road
  • 6th Floor
  • Shanghai
  • Shanghai Province
  • 200062
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1899SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2006
XDHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2006
XNGI.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2006

Biography

Xingda International Holdings Limited, an investment holding company, manufactures and trades radial tire cords, steel cords, bead wires, and other wires. The company’s steel cords and bead wires are used ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/01 00:58
End of Day Share Price2020/09/01 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.