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Xingda International Holdings
(1899)
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Rating:53Neutral
Price Target:
HK$1.00
▼(-28.06% Downside)
Action:Downgraded
Date:05/03/26
The score is driven primarily by mid-tier financial performance (thin margins, elevated leverage, and volatile free cash flow despite a 2025 rebound). Technicals add pressure as the stock trades below key moving averages with slightly negative momentum. Valuation is a clear positive due to a very low P/E, but it does not fully offset the financial and trend risks.
Positive Factors
Essential input supplier to tire makers
Xingda produces steel cord and bead wire that are core reinforcement inputs for passenger, truck and industrial radial tires. Supplying an essential, specialized input gives durable customer demand from tire manufacturers across vehicle segments, supporting steady revenue streams.
Negative Factors
Elevated leverage
Debt exceeds equity and debt-to-equity around 1.19 reduces balance-sheet flexibility for a cyclical auto-parts supplier. Elevated leverage increases refinancing and interest-rate risk, making the company more vulnerable to demand shocks or working-capital swings over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Essential input supplier to tire makers
Xingda produces steel cord and bead wire that are core reinforcement inputs for passenger, truck and industrial radial tires. Supplying an essential, specialized input gives durable customer demand from tire manufacturers across vehicle segments, supporting steady revenue streams.
Read all positive factors
Xingda International Holdings (1899) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$2.18B
Dividend Yield18.39%
Average Volume (3M)202.65K
Price to Earnings (P/E)5.7
Beta (1Y)0.21
Revenue Growth-3.82%
EPS Growth23.99%
CountryHK
Employees7,384
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)0.17
Shares Outstanding1,920,125,200
10 Day Avg. Volume109,800
30 Day Avg. Volume202,651
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)0.34
Price to Sales (P/S)0.20
P/FCF Ratio3.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Xingda International Holdings Business Overview & Revenue Model
Company Description
Xingda International Holdings Limited functions as an investment company that specializes in the manufacturing and worldwide distribution of various wire products. Its offerings include radial tire cords, bead wires, steel cords, and hose wire, al...
How the Company Makes Money
Xingda International Holdings makes money mainly by manufacturing and selling tire reinforcement materials—primarily steel cord and bead wire—to downstream tire producers. Its revenue is largely generated from (1) sales of steel cord, which is use...
Xingda International Holdings Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
52
Neutral
Cash Flow
46
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 11.48B | 11.94B | 11.49B | 10.81B | 10.65B |
| Gross Profit | 2.13B | 2.19B | 2.29B | 2.34B | 2.06B |
| EBITDA | 1.42B | 1.09B | 1.61B | 1.19B | 1.05B |
| Net Income | 340.41M | 269.05M | 449.40M | 348.39M | 218.85M |
Balance Sheet | |||||
| Total Assets | 21.20B | 22.38B | 20.72B | 21.01B | 19.80B |
| Cash, Cash Equivalents and Short-Term Investments | 2.32B | 1.77B | 2.44B | 1.12B | 2.79B |
| Total Debt | 7.91B | 7.79B | 6.63B | 6.89B | 5.55B |
| Total Liabilities | 12.33B | 13.70B | 12.42B | 13.09B | 12.19B |
| Stockholders Equity | 6.65B | 6.47B | 6.10B | 5.86B | 5.70B |
Cash Flow | |||||
| Free Cash Flow | 633.16M | -491.04M | 407.95M | -225.35M | -1.59B |
| Operating Cash Flow | 1.97B | 817.59M | 1.63B | 1.58B | -94.45M |
| Investing Cash Flow | -369.11M | -1.24B | -941.92M | -1.80B | -1.69B |
| Financing Cash Flow | -1.28B | 678.16M | -956.83M | 306.39M | 1.62B |
Xingda International Holdings Technical Analysis
Negative
1.39
Price Trends
1.19
Negative
1.22
Negative
1.17
Negative
Market Momentum
-0.03
Positive
29.67
Positive
17.42
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1899, the sentiment is Negative. The current price of 1.39 is above the 20-day moving average (MA) of 1.16, above the 50-day MA of 1.19, and above the 200-day MA of 1.17, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 29.67 is Positive, neither overbought nor oversold. The STOCH value of 17.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1899.
Xingda International Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$147.83B | 14.62 | 24.34% | 4.35% | 16.74% | 24.19% | |
65 Neutral | HK$30.96B | 9.85 | 11.87% | 1.39% | 11.26% | 15.82% | |
62 Neutral | HK$9.56B | 11.97 | 4.88% | 1.02% | 7.11% | 65.26% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | HK$10.48B | 67.44 | 8.45% | 1.37% | 24.97% | 0.39% | |
53 Neutral | HK$2.18B | 5.69 | 4.25% | 18.39% | -3.82% | 23.99% | |
47 Neutral | HK$6.90B | -170.06 | -3.48% | ― | 6.97% | 76.15% |
* Consumer Cyclical Sector Average
HK:1899
Xingda International Holdings
1.14
0.15
14.92%
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Xingda International Holdings Corporate Events
Xingda Executive Director Resigns as Board Works to Restore Full Listing Compliance
Apr 16, 2026
Xingda International Holdings announced that executive director Ms. Wang Yu has resigned effective 16 April 2026 to focus on personal and other business commitments, with the board noting she has no disagreement with its members and expressing gra...
Xingda International Updates Board and Committee Structure
Apr 16, 2026
Xingda International Holdings Limited has announced the current composition of its board of directors, naming four executive directors, including chairman Liu Jinlan, and two independent non-executive directors. The disclosure underscores a govern...
Xingda Sets Out Board and Committee Structure in Governance Update
Apr 9, 2026
Xingda International Holdings Limited has announced the current composition of its board of directors, listing five executive directors, including chairman Liu Jinlan, and two independent non-executive directors, Koo Fook Sun, Louis and Zhang Guoy...
Xingda Faces Temporary Governance Shortfall After Independent Director Resigns
Apr 8, 2026
Xingda International Holdings has announced the resignation of independent non-executive director Xu Chunhua, who also stepped down from the audit and nomination committees, citing a need to devote more time to personal and other business commitme...
Xingda International Lifts 2025 Earnings Despite Revenue Decline
Mar 30, 2026
Xingda International Holdings reported 2025 revenue of RMB 11.48 billion, down 3.9% year on year, but improved profitability as gross margin edged up to 18.6% and EBITDA rose 14.3% to RMB 1.79 billion. Profit attributable to shareholders jumped 26...
Xingda Sets March 30 Board Meeting to Approve 2025 Results and Consider Final Dividend
Mar 13, 2026
Xingda International Holdings has scheduled a board meeting for 30 March 2026 to review and approve the consolidated annual results for the year ended 31 December 2025 and to authorize their publication. The board will also consider the recommenda...
Xingda Shareholders Approve One-Off Special Dividend of HK$0.25 Per Share
Feb 10, 2026
Shareholders of Xingda International Holdings have overwhelmingly approved an ordinary resolution at an extraordinary general meeting held on 10 February 2026 to declare and pay a one-off special dividend of HK$0.25 per share. More than 99.999% of...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.