OTCPK:ZXAI.Y

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China Zenix Auto International

Executive Summary

China Zenix Auto International Limited designs, manufactures, and sells commercial vehicle wheels to aftermarket and original equipment manufacturers in the People’s Republic of China and internationally.


Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has China Zenix Auto International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ZXAI.Y's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

ZXAI.Y

-1.8%

US Auto Components

2.2%

US Market


1 Year Return

-22.2%

ZXAI.Y

-0.4%

US Auto Components

16.2%

US Market

Return vs Industry: ZXAI.Y underperformed the US Auto Components industry which returned -1.7% over the past year.

Return vs Market: ZXAI.Y underperformed the US Market which returned 15.9% over the past year.


Shareholder returns

ZXAI.YIndustryMarket
7 Day0%-1.8%2.2%
30 Day14.3%5.2%4.9%
90 Day154.5%27.2%17.8%
1 Year-22.2%-22.2%0.7%-0.4%18.7%16.2%
3 Year-84.4%-84.4%-15.1%-24.1%41.1%32.0%
5 Year-67.4%-67.4%7.9%-8.3%74.5%55.7%

Price Volatility Vs. Market

How volatile is China Zenix Auto International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is China Zenix Auto International undervalued compared to its fair value and its price relative to the market?

0.041x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: ZXAI.Y 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 ZXAI.Y's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZXAI.Y is good value based on its PB Ratio (0x) compared to the US Auto Components industry average (1.6x).


Next Steps

Future Growth

How is China Zenix Auto International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.1%

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 Zenix Auto International 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

  • Take a look at our analysis of ZXAI.Y’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.
  • 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 China Zenix Auto International's filings and announcementshere.
  • Explore growth companies in the Automobiles industry.

Past Performance

How has China Zenix Auto International performed over the past 5 years?

-27.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZXAI.Y is currently unprofitable.

Growing Profit Margin: ZXAI.Y is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZXAI.Y is unprofitable, and losses have increased over the past 5 years at a rate of 27.9% per year.

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

Earnings vs Industry: ZXAI.Y is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-12.7%).


Return on Equity

High ROE: ZXAI.Y has a negative Return on Equity (-4.31%), as it is currently unprofitable.


Next Steps

Financial Health

How is China Zenix Auto International's financial position?


Financial Position Analysis

Short Term Liabilities: ZXAI.Y's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥980.3M).

Long Term Liabilities: ZXAI.Y's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥91.3M).


Debt to Equity History and Analysis

Debt Level: ZXAI.Y's debt to equity ratio (23.4%) is considered satisfactory.

Reducing Debt: ZXAI.Y's debt to equity ratio has increased from 19.8% to 23.4% over the past 5 years.

Debt Coverage: ZXAI.Y's debt is not well covered by operating cash flow (11.1%).

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


Balance Sheet


Next Steps

Dividend

What is China Zenix Auto International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: ZXAI.Y is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZXAI.Y'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?

12.9yrs

Average management tenure


CEO

Jianhui Lai (54 yo)

no data

Tenure

Mr. Jianhui Lai founded China Zenix Auto International Limited in 2003 and serves as its Chairman and Chief Executive Officer. Mr. Lai has over 20 years of experience in the commercial vehicle wheel indust ...


Leadership Team

NamePositionTenureCompensationOwnership
Jianhui Lai
Founderno datano data69.53%
CN¥ 10.1m
Ngai Lam Cheung
Chief Financial Officer6.42yrsno datano data
Ngai Lam Cheung
Chief Financial Officer6.42yrsno datano data
Zhang Guohe
Chief Technology Officer17.58yrsno datano data
Junqiu Gao
Deputy CEO11.5yrsno data0.029%
CN¥ 4.2k
Jiangjun Yang
Chief Production Officer13.58yrsno datano data
Xichuan Lai
Financial Controller14yrsno datano data

12.9yrs

Average Tenure

52yo

Average Age

Experienced Management: ZXAI.Y's management team is seasoned and experienced (12.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jianhui Lai
Founderno datano data69.53%
CN¥ 10.1m
Junqiu Gao
Deputy CEO11.5yrsno data0.029%
CN¥ 4.2k
William John Sharp
Independent Director9.25yrsno datano data
Yichun Zhang
Independent Director9.25yrsno datano data
Xiandai Zhang
Independent Director5.75yrsno datano data
To Wai Suen
Independent Director2.33yrsno datano data

9.3yrs

Average Tenure

53.5yo

Average Age

Experienced Board: ZXAI.Y's board of directors are considered experienced (9.3 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 Zenix Auto International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Zenix Auto International Limited
  • Ticker: ZXAI.Y
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$14.455m
  • Shares outstanding: 51.63m
  • Website: https://www.zenixauto.com

Number of Employees


Location

  • China Zenix Auto International Limited
  • No. 1608
  • North Circle Road State Highway
  • Zhangzhou
  • Fujian Province
  • 363000
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZXAI.YOTCPK (Pink Sheets LLC)YesADSUSUSDMay 2011

Biography

China Zenix Auto International Limited designs, manufactures, and sells commercial vehicle wheels to aftermarket and original equipment manufacturers in the People’s Republic of China and internationally. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/05 00:11
End of Day Share Price2020/08/03 00:00
Earnings2019/12/31
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.