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China Zhengtong Auto Services Holdings
(OTC:1728)
China Zhengtong Auto Services Holdings (1728) vs. iShares MSCI Hong Kong ETF (EWH)
China Zhengtong Auto Services Holdings Business Overview & Revenue Model
China Zhengtong Auto Services Holdings Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 20.75B | 24.13B | 22.61B | 20.99B | 16.88B |
| Gross Profit | 779.07M | 1.01B | 1.59B | 1.24B | -5.17B |
| EBITDA | -6.29M | 982.32M | 900.12M | -178.45M | -8.37B |
| Net Income | -1.60B | -849.28M | -297.42M | -2.20B | -8.61B |
Balance Sheet | |||||
| Total Assets | 29.22B | 29.51B | 27.73B | 26.13B | 28.00B |
| Cash, Cash Equivalents and Short-Term Investments | 631.09M | 871.20M | 837.65M | 745.20M | 1.09B |
| Total Debt | 21.31B | 21.04B | 20.02B | 18.14B | 14.66B |
| Total Liabilities | 28.15B | 28.23B | 27.51B | 25.59B | 22.68B |
| Stockholders Equity | -356.68M | 361.83M | 193.39M | 508.43M | 4.11B |
Cash Flow | |||||
| Free Cash Flow | -347.73M | -1.09B | -712.02M | -486.33M | -239.67M |
| Operating Cash Flow | 31.09M | 36.79M | 158.79M | 155.63M | 346.23M |
| Investing Cash Flow | 202.72M | -793.48M | 1.30B | -345.83M | 22.41M |
| Financing Cash Flow | -406.15M | 767.08M | -936.38M | -90.45M | -1.36B |
China Zhengtong Auto Services Holdings Technical Analysis
China Zhengtong Auto Services Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$31.16B | 8.91 | 6.95% | 5.12% | -7.86% | -36.99% | |
61 Neutral | HK$4.11B | 19.21 | 1.44% | 6.22% | -14.25% | -65.33% | |
61 Neutral | HK$1.80B | ― | -5.36% | 3.94% | -7.58% | -21.25% | |
57 Neutral | HK$24.98B | 3.78 | -1.97% | 5.91% | -0.17% | -66.83% | |
52 Neutral | HK$1.43B | ― | ― | -15.73% | -73.42% | ||
50 Neutral | HK$2.72B | 40.67 | -56.58% | 2.18% | -23.89% | -1698.95% | |
46 Neutral | HK$150.00M | ― | -9.04% | ― | -23.03% | -1842.08% |
China Zhengtong Auto Services Holdings Corporate Events
China Zhengtong Auto Services Holdings Limited has received guidance from the Hong Kong Stock Exchange to resume trading by addressing issues related to public float and transparency of material information. The company faces a potential delisting if it fails to meet these requirements by January 2027, with trading currently suspended since July 2025.
China Zhengtong Auto Services Holdings Limited announced a change in its board of directors, with Mr. CHEN Hong resigning due to work arrangement changes, and Mr. ZHUANG Zhibo and Mr. WU Xiaoqiang being appointed as executive directors. These changes, effective from July 11, 2025, may influence the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder relations.
China Zhengtong Auto Services Holdings Limited has announced the composition of its board of directors and their roles within the company’s committees. This announcement outlines the leadership structure, which includes both executive and independent non-executive directors, and highlights the responsibilities of each member in various committees, potentially impacting the company’s governance and strategic direction.
China Zhengtong Auto Services Holdings Limited announced the conclusion of an unconditional mandatory cash offer by Xinda Motors Co., Limited to acquire all issued shares not already owned by Xinda Motors. The offer closed with valid acceptances for approximately 15.71% of the company’s total issued share capital, resulting in a cash consideration of HK$235,976,779.20. Following the offer, Xinda Motors and its concert parties now hold approximately 75% of the company’s shares, significantly altering the shareholding structure and potentially impacting the company’s market positioning and stakeholder interests.
China Zhengtong Auto Services Holdings Limited announced the successful passing of all resolutions at its Annual General Meeting held on June 19, 2025. The resolutions included the re-election of directors, authorization of director remuneration, reappointment of auditors, and granting of mandates related to share repurchase and issuance. This outcome reflects strong shareholder support and positions the company for continued operational stability and strategic flexibility in the automotive services market.
China Zhengtong Auto Services Holdings Limited has announced the dispatch of a composite document detailing an unconditional mandatory cash offer by CLSA Limited on behalf of Xinda Motors Co., Limited to acquire all issued shares not already owned by Xinda Motors. This move is expected to impact the company’s shareholding structure and may influence its market positioning, with further announcements anticipated if there are changes to the offer’s timetable.
China Zhengtong Auto Services Holdings Limited has completed a significant transaction with Xinda Motors Co., Limited, involving a connected subscription that increased Xinda Motors’ shareholding to approximately 75% of the company. This move, which involved the issuance of over 6.6 billion new shares, marks a substantial shift in the company’s ownership structure and could have implications for its market positioning and stakeholder interests.
China Zhengtong Auto Services Holdings Limited announced that Xinda Motors Co., Limited has waived a condition precedent related to a Whitewash Waiver under their Subscription Agreement, allowing the Connected Subscription Completion to proceed. This development will result in Xinda Motors and its concert parties increasing their shareholding to a maximum of 75% of the company’s shares. Consequently, a mandatory general offer for all remaining shares will be made, impacting the company’s ownership structure significantly.
China Zhengtong Auto Services Holdings Limited has announced the details of its 2025 Annual General Meeting, scheduled for June 19, 2025, in Wuhan, Hubei Province. Key agenda items include the review of the company’s financial statements for 2024, re-election of directors, and authorization for the board to fix directors’ remuneration. Additionally, the company seeks approval for a mandate allowing the purchase of up to 10% of its own shares, which could impact its market positioning and shareholder value.
China Zhengtong Auto Services Holdings Limited has announced a potential unconditional mandatory cash offer by Xinda Motors Co., Limited to acquire all issued shares not already owned by Xinda Motors. The completion of this connected subscription is contingent upon fulfilling or waiving certain conditions, including regulatory approvals and the Whitewash Waiver. The outcome of these conditions will determine whether the subscription proceeds, impacting the company’s market positioning and shareholder interests.