Xingda International Holdings (1899) AI Stock Analysis

• Market Cap: HK$2.62B
• Dividend Yield: 17.96%
• Average Volume (3M): 681.49K
• Price to Earnings (P/E): 8.8
• Beta (1Y): 0.09
• Revenue Growth: -6.74%
• EPS Growth: -44.75%
• Country: HK
• Employees: 7,384
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 0.11
• Shares Outstanding: 1,920,125,200
• 10 Day Avg. Volume: 954,764
• 30 Day Avg. Volume: 681,492
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$1.48
• Price Target Upside: 7.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: HK$1.50 ▲(9.49% Upside)

The overall stock score of 75 reflects a balanced view of Xingda International Holdings. The valuation is a strong positive factor due to its low P/E ratio and high dividend yield. Technical analysis supports a neutral to slightly positive outlook. However, financial performance indicates challenges in profitability and cash flow, which are areas of concern.

Xingda International Holdings Business Overview & Revenue Model

Company Description

Xingda International Holdings Limited, an investment holding company, manufactures and trades in radial tire cords, bead wires, and other wires in the People's Republic of China, India, the United States, Thailand, Korea, Brazil, and internationally. It also offers steel cords, hose wire, etc.; and supplies rubber reinforcement materials. The company's products have applications in car, light truck, cargo truck, and heavy equipment tires, as well as other rubber products. It serves tire and hose manufacturers. The company was founded in 1995 and is headquartered in Shanghai, the People's Republic of China.

How the Company Makes Money

Xingda International Holdings generates revenue primarily through the sale of its core products: radial tire cords and bead wires. The company supplies these essential materials to major tire manufacturers, both domestically and internationally. Revenue is mainly driven by long-term contracts with these manufacturers, ensuring a steady demand for their products. Additionally, Xingda may benefit from strategic partnerships and collaborations with tire companies, which help to secure market share and expand its customer base. Factors such as global tire production trends, raw material prices, and technological advancements in tire manufacturing also play a significant role in influencing the company's earnings.

Xingda International Holdings Financial Statement Overview

Summary

Xingda International Holdings shows stable revenue growth but faces challenges in profitability and cash flow. The increased leverage poses potential risks, and declining net profitability and operational efficiency require attention.

Income Statement

The company shows a positive revenue growth trend with an increase from $11.49 billion to $11.94 billion in the latest year, indicating a revenue growth rate of 3.9%. Gross profit margin remains stable at approximately 18.4%, while net profit margin decreased to 2.3% from 3.9% the previous year, suggesting pressure on net income. The EBIT margin fell to 3.9% from 7.3%, and the EBITDA margin also declined to 9.1% from 14%, reflecting reduced operating efficiency.

Balance Sheet

The debt-to-equity ratio increased from 1.09 to 1.20, indicating higher leverage and potential risk. Return on Equity (ROE) decreased to 4.2% from 7.4%, reflecting lower profitability. The equity ratio slightly improved to 28.9% from 29.5%, showing a stable financial structure with adequate equity covering the assets.

Cash Flow

Free cash flow turned negative in the latest year, indicating financial strain. The company shows a lack of free cash flow growth, and the operating cash flow to net income ratio is not calculable due to missing data, which raises concerns about cash generation capabilities. The prior year showed a healthy operating cash flow of $1.63 billion against a net income of $449 million.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.94B	11.49B	10.81B	10.65B	7.68B
Gross Profit	2.19B	2.29B	2.34B	2.06B	1.53B
EBITDA	1.09B	1.61B	1.19B	1.05B	844.66M
Net Income	269.05M	449.40M	348.39M	218.85M	115.00M
Balance Sheet
Total Assets	22.38B	20.72B	21.01B	19.80B	15.69B
Cash, Cash Equivalents and Short-Term Investments	2.97B	2.44B	1.12B	1.22B	1.00B
Total Debt	7.79B	6.63B	6.89B	5.55B	3.60B
Total Liabilities	13.70B	12.42B	13.09B	12.19B	8.12B
Stockholders Equity	6.47B	6.10B	5.86B	5.70B	5.66B
Cash Flow
Free Cash Flow	-491.04M	407.95M	-225.35M	-1.59B	-441.86M
Operating Cash Flow	817.59M	1.63B	1.58B	-94.45M	65.26M
Investing Cash Flow	-1.24B	-941.92M	-1.80B	-1.69B	-1.03B
Financing Cash Flow	678.16M	-956.83M	306.39M	1.62B	1.37B

Xingda International Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1899, the sentiment is Positive. The current price of 1.37 is above the 20-day moving average (MA) of 1.28, above the 50-day MA of 1.26, and above the 200-day MA of 1.24, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 69.96 is Neutral, neither overbought nor oversold. The STOCH value of 47.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1899.

Xingda International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1571	82 Outperform	3.99B	7.66	16.15%	12.56%	-3.80%	-27.62%
1809	75 Outperform	4.52B	4.15	20.05%	9.18%	2.85%	-33.83%
1899	75 Outperform	HK$2.62B	8.83	4.28%	17.96%	-6.74%	-44.75%
1057	65 Neutral	10.72B	22.49	―	1.25%	39.03%	38.08%
1760	61 Neutral	1.81B	10.39	8.41%	3.80%	13.35%	-38.32%
6830	44 Neutral	459.99M	8.61	3.02%	1.18%	14.93%	19.84%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Xingda International Holdings Corporate Events

Xingda International Reports Resilient Interim Results Amid Revenue Decline

Xingda International Holdings Limited reported its interim financial results for the six months ending June 30, 2025, revealing a decrease in revenue by 8.1% compared to the previous year. Despite the revenue decline, the company achieved a slight increase in gross profit margin and a notable 8% rise in EBITDA. The profit attributable to owners of the company increased by 3.5%, indicating a resilient performance amidst challenging market conditions. The announcement highlights the company’s ability to maintain profitability and operational efficiency, which may positively impact its market positioning and stakeholder confidence.

The most recent analyst rating on (HK:1899) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Xingda International Holdings stock, see the HK:1899 Stock Forecast page.

Xingda International Schedules Board Meeting for Interim Results

Xingda International Holdings Limited has scheduled a board meeting on August 29, 2025, to approve its unaudited interim results for the first half of the year and to consider the payment of an interim dividend. This announcement indicates the company’s ongoing commitment to transparency and shareholder value, potentially impacting its financial performance and investor relations.

Xingda International Clarifies Dongying Rongju’s Status in Capital Reduction Update

Xingda International Holdings Limited announced a supplemental disclosure regarding the capital reduction of Dongying Rongju, clarifying that Dongying Rongju is no longer a connected person at the subsidiary level since March 2021. This update confirms that Dongying Rongju and its ultimate beneficial owners are independent third parties, which may impact the company’s operational dynamics and stakeholder relationships.

Xingda International Announces Capital Reduction in Subsidiary

Xingda International Holdings Limited, through its subsidiary Faith Maple, has entered into capital reduction agreements with several stakeholders, including Chengshan Group, Sailun Group, Triangle Tyre, and Linglong Tire, to reduce the registered capital of a target company by approximately RMB151.62 million. This capital reduction will increase Xingda’s ownership in the target company from 70.32% to 74.25%, while the target company will remain a subsidiary, and its financial results will continue to be consolidated into Xingda’s financial statements. The transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange’s Listing Rules, requiring reporting and announcement due to the applicable percentage ratios.