Xinda Investment Holdings Limited - 1281.HK

1281.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
1281.HK	-7.5	-8.5	7.3	17.5	172.9	302.5	16.7	-49.7	-92.6	-80.9
S&P 500	1.0	1.5	1.1	2.3	8.9	23.6	33.8	80.6	196.5	33856.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	1281.HK
name	Xinda Investment Holdings Limited
price	0.161
changes percentage	-7.4713
change	-0.013
day low	0.159
day high	0.165
year high	0.54
year low	0.04
market cap	239020600
price avg 50	0.1539
price avg 200	0.09421
exchange	HKSE
volume	28000
avg volume	186403
open	0.165
previous close	0.174
eps	-0.01
pe	-16.1
earnings announcement	2024-08-28T11:47:32.000+0000
shares outstanding	1484600000
timestamp	2025-01-20 07:42:54

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 58.0%

Overall Quarterly Financial Health: 48.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	114030000	195209000	-41.59
gross profit	24854000	50576000	-50.86
gross profit ratio	0.22	0.26	-15.87
research and development expenses	0	0	NaN
operating expenses	73153000	26257000	178.60
interest income	3304000	7373000	-55.19
interest expense	9884000	11815000	-16.34
ebitda	20608000	-226063000	109.12
ebitdaratio	0.18	-0.99	118.18
operating income	-48299000	24319000	-298.61
operating income ratio	-0.42	0.12	-440.00
net income	-18179000	-306148000	94.06
net income ratio	-0.16	-1.57	89.83
eps	-0.01	-0.21	94.19

Overall Score of Annual Income Statement

0.29 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 114 million in 2023 from 195 million in 2022 representing a change of -41.59%. This indicates a sales shrinking, which is a negative sign for the company.

  Gross Profit: Gross Profit decreased to 25 million in 2023 from 51 million in 2022 representing a change of -50.86%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 73 million in 2023 from 26 million in 2022 representing a change of 178.6%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Operating Income: Operating income decreased to -48 million in 2023 from 24 million in 2022 representing a change of -298.61%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -18 million in 2023 from -306 million in 2022 representing a change of 94.06%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• 📈 Positive Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 21 million in 2023 from -226 million in 2022 representing a change of 109.12%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Earnings per Share (EPS): EPS increased to -0.01 in 2023 from -0.01 in 2022 representing a change of 94.19%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	62795000	40743000	54.12
gross profit	17192000	2619000	556.43
gross profit ratio	0.27	0.06	325.91
research and development expenses	0	0	NaN
operating expenses	14415000	55084000	-73.83
interest income	0	3228000	-100.00
interest expense	0	0	NaN
ebitda	17008000	43744000	-61.12
ebitdaratio	0.27	1.07	-74.77
operating income	2777000	-52465000	105.29
operating income ratio	0.04	-1.29	103.43
net income	1365000	-18522000	107.37
net income ratio	0.02	-0.45	104.78
eps	0.0	-0.01	107.26

Overall Score of Quarterly Income Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 63 million in 2024Q2 from 41 million in 2023Q4 representing a change of 54.12%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 17 million in 2024Q2 from 3 million in 2023Q4 representing a change of 556.43%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 14 million in 2024Q2 from 55 million in 2023Q4 representing a change of -73.83%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Operating Income: Operating income increased to 3 million in 2024Q2 from -52 million in 2023Q4 representing a change of 105.29%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 1 million in 2024Q2 from -19 million in 2023Q4 representing a change of 107.37%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.0 in 2024Q2 from 0.0 in 2023Q4 representing a change of 107.26%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 17 million in 2024Q2 from 44 million in 2023Q4 representing a change of -61.12%. The decrease in EBITDA indicates declined operational efficiency and profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	1136591000	1179798000	-3.66
total liabilities	285178000	313500000	-9.03
total equity	851413000	866298000	-1.72
cash and cash equivalents	227705000	205381000	10.87
short term investments	43050000	33924000	26.90
long term investments	23570000	0	NaN
total current assets	672255000	629170000	6.85
total non current assets	464336000	550628000	-15.67
total current liabilities	103007000	104022000	-0.98
total non current liabilities	182171000	209478000	-13.04
common stock	12255000	12255000	0.00
retained earnings	-272046000	-296350000	8.20
total debt	173753000	199462000	-12.89

Overall Score of Annual Balance Sheet

0.78 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 1,137 million in 2023 from 1,180 million in 2022 representing a change of -3.66%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 851 million in 2023 from 866 million in 2022 representing a change of -1.72%. This indicates a decrease in shareholders' equity.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 285 million in 2023 from 314 million in 2022 representing a change of -9.03%. This indicates a decrease in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 228 million in 2023 from 205 million in 2022 representing a change of 10.87%. This indicates an increase in available liquid assets.

  Short Term Investments: Short Term Investments increased to 43 million in 2023 from 34 million in 2022 representing a change of 26.9%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 672 million in 2023 from 629 million in 2022 representing a change of 6.85%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 103 million in 2023 from 104 million in 2022 representing a change of -0.98%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to -272 million in 2023 from -296 million in 2022 representing a change of 8.2%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 174 million in 2023 from 199 million in 2022 representing a change of -12.89%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	1113128000	1113128000	0.00
total liabilities	263809000	263809000	0.00
total equity	849319000	849319000	0.00
cash and cash equivalents	193908000	193908000	0.00
short term investments	66253000	66253000	0.00
long term investments	0	0	NaN
total current assets	661013000	661013000	0.00
total non current assets	452115000	452115000	0.00
total current liabilities	96531000	96531000	0.00
total non current liabilities	167278000	167278000	0.00
common stock	12255000	12255000	0.00
retained earnings	-270681000	-270681000	0.00
total debt	160459000	147050000	9.12

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Debt: Total Debt increased to 160 million in 2024Q2 from 147 million in 2024Q1 representing a change of 9.12%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	22324000	-16939000	231.79
operating cash flow	18117000	7565000	139.48
free cash flow	16845000	-21474000	178.44
capital expenditure	-1272000	-29039000	95.62
depreciation and amortization	35083000	36395000	-3.60
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	49417000	-100.00
inventory	1419000	23887000	-94.06
acquisitions net	0	316000	-100.00
investments in property plant and equipment	-1272000	-29039000	95.62
net cash used for investing activites	38164000	5793000	558.80
debt repayment	-26529000	-24700000	-7.40
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-36924000	-34187000	-8.01
cash at end of period	227705000	205381000	10.87
accounts receivables	-26139000	-49417000	47.11
cash at beginning of period	205381000	222320000	-7.62

Overall Score of Annual Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 22 million in 2023 from -17 million in 2022 representing a change of 231.79%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 18 million in 2023 from 8 million in 2022 representing a change of 139.48%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 17 million in 2023 from -21 million in 2022 representing a change of 178.44%. This indicates an increase in cash generated after accounting for capital expenditures.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2023 from 49 million in 2022 representing a change of -100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -1 million in 2023 from -29 million in 2022 representing a change of 95.62%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Receivables: Accounts Receivables increased to -26 in 2023 from -49 million in 2022 representing a change of 47.11%. This suggests that the company is less capable of collecting payments from its customers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	6230000	3887000	60.28
free cash flow	6122000	4023000	52.17
capital expenditure	-108000	136000	-179.41
depreciation and amortization	15715000	51908000	-69.73
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	-26139000	100.00
accounts payables	0	0	NaN
inventory	0	1419000	-100.00
acquisitions net	0	0	NaN
investments in property plant and equipment	-108000	136000	-179.41
net cash used for investing activites	-21858000	33497998	-165.25
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-16024000	-27543000	41.82
net change in cash	-16898500	6066499	-378.55
cash at end of period	-16898500	6066499	-378.55
cash at beginning of period	0	0	NaN

Overall Score of Quarterly Cashflow Statement

0.6 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -17 million in 2024Q2 from 6 million in 2023Q4 representing a change of -378.55%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from -26 million in 2023Q4 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 6 million in 2024Q2 from 4 million in 2023Q4 representing a change of 60.28%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 6 million in 2024Q2 from 4 million in 2023Q4 representing a change of 52.17%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to 0 million in 2024Q2 from 0 million in 2023Q4 representing a change of -179.41%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0.08	0.13	-41.60
net income per share	-0.01	-0.21	94.06
operating cash flow per share	0.01	0.01	139.44
free cash flow per share	0.01	-0.01	178.43
cash per share	0.18	0.16	13.12
book value per share	0.57	0.58	-1.74
tangible book value per share	0.53	0.53	-0.64
shareholders equity per share	0.57	0.58	-1.49
interest debt per share	0.12	0.14	-13.10
market cap	61879267.22	91747122.46	-32.55
enterprise value	7927267.22	85828122.46	-90.76
pe ratio	-3.4	-0.3	-1035.83
price to sales ratio	0.54	0.47	15.46
pocfratio	3.42	12.13	-71.84
pfcf ratio	3.67	-4.27	185.98
pb ratio	0.07	0.11	-31.55
ptb ratio	0.07	0.11	-31.55
ev to sales	0.07	0.44	-84.19
enterprise value over ebitda	0.38	-0.38	201.32
ev to operating cash flow	0.44	11.35	-96.14
ev to free cash flow	0.47	-4.0	111.77
earnings yield	-0.29	-3.34	91.20
free cash flow yield	0.27	-0.23	216.31
debt to equity	0.2	0.23	-11.59
debt to assets	0.15	0.17	-9.58
net debt to ebitda	-2.62	0.03	-10098.91
current ratio	6.53	6.05	7.90
interest coverage	-4.89	2.06	-337.41
income quality	-0.74	-0.03	-2596.50
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.18	0.17	10.01
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.06	0.07	-9.56
capex to operating cash flow	0.07	3.84	-98.17
capex to revenue	0.01	0.15	-92.50
capex to depreciation	0.04	0.8	-95.46
stock based compensation to revenue	0	0	NaN
graham number	0.4	1.64	-75.82
roic	-0.04	0.02	-254.49
return on tangible assets	-0.02	-0.28	93.88
graham net net	0.19	0.14	36.39
working capital	569248000	525148000	8.40
tangible asset value	783972000	788891000	-0.62
net current asset value	387077000	315670000	22.62
invested capital	992351000	1039602000	-4.55
average receivables	384400000	370313000	3.80
average payables	16715500	20571500	-18.74
average inventory	5765000	18735500	-69.23
days sales outstanding	1267.09	697.33	81.71
days payables outstanding	64.85	44.38	46.13
days of inventory on hand	19.91	16.82	18.34
receivables turnover	0.29	0.52	-44.97
payables turnover	5.63	8.22	-31.57
inventory turnover	18.33	21.7	-15.50
roe	-0.02	-0.36	93.97
capex per share	0.0	0.02	-95.62

• Negative

  ROE: Return on Equity (ROE) increased to -0.02 on 2023-12-31 from -0.36 on 2022-12-31, representing a change of 93.97%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -3.40 on 2023-12-31 from -0.30 on 2022-12-31, representing a change of -1035.83%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 6.53 on 2023-12-31 from 6.05 on 2022-12-31, representing a change of 7.90%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.20 on 2023-12-31 from 0.23 on 2022-12-31, representing a change of -11.59%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
1281.HK
calendar year	2024	2024	NaN
revenue per share	0.04	0	NaN
net income per share	0.0	0	NaN
operating cash flow per share	0.0	0	NaN
free cash flow per share	0.0	0	NaN
cash per share	0.17	0	NaN
book value per share	0.56	0	NaN
tangible book value per share	0.52	0	NaN
shareholders equity per share	0.56	0	NaN
interest debt per share	0.11	0	NaN
market cap	86059003.3	0	NaN
enterprise value	52610003.3	-46858000	212.28
pe ratio	15.76	0	NaN
price to sales ratio	1.37	0	NaN
pocfratio	13.81	0	NaN
pfcf ratio	14.06	0	NaN
pb ratio	0.1	0	NaN
ptb ratio	0.1	0	NaN
ev to sales	0.84	0	NaN
enterprise value over ebitda	3.09	0	NaN
ev to operating cash flow	8.44	0	NaN
ev to free cash flow	8.59	0	NaN
earnings yield	0.02	None	NaN
free cash flow yield	0.07	0	NaN
debt to equity	0.19	0.17	9.12
debt to assets	0.14	0.13	9.12
net debt to ebitda	-1.97	0	NaN
current ratio	6.85	6.85	0.00
interest coverage	0	0	NaN
income quality	4.56	0	NaN
dividend yield	0	None	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.12	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.06	0.06	0.00
capex to operating cash flow	0.02	0	NaN
capex to revenue	0.0	0	NaN
capex to depreciation	0.01	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	0.11	0	NaN
roic	-0.0	None	NaN
return on tangible assets	0.0	None	NaN
graham net net	0.19	0	NaN
working capital	564482000	564482000	0.00
tangible asset value	783168000	783168000	0.00
net current asset value	397204000	397204000	0.00
invested capital	975291000	975291000	0.00
average receivables	395176000	395514500	-0.09
average payables	14674000	15259500	-3.84
average inventory	4434000	4649000	-4.62
days sales outstanding	566.38	0	NaN
days payables outstanding	28.96	0	NaN
days of inventory on hand	8.75	0	NaN
receivables turnover	0.16	None	NaN
payables turnover	3.11	None	NaN
inventory turnover	10.28	None	NaN
roe	0.0	None	NaN
capex per share	0.0	0	NaN

• Negative

  Current Ratio: Current Ratio decreased to 6.85 on 2024-06-30 Q2 from 6.85 on 2024-03-31 Q1, representing a change of 0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.19 on 2024-06-30 Q2 from 0.17 on 2024-03-31 Q1, representing a change of 9.12%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None