China Yongda Automobiles Services (3669) AI Stock Analysis

• Market Cap: HK$4.65B
• Dividend Yield: 4.93%
• Average Volume (3M): 4.02M
• Price to Earnings (P/E): 21.8
• Beta (1Y): 1.03
• Revenue Growth: -14.25%
• EPS Growth: -65.33%
• Country: HK
• Employees: 13,613
• Sector: Consumer Cyclical
• Sector Strength: 74
• Industry: Auto - Dealerships
• EPS (TTM): 0.11
• Shares Outstanding: 1,876,165,500
• 10 Day Avg. Volume: 3,468,819
• 30 Day Avg. Volume: 4,023,409
• PEG Ratio: -1.07
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 238.98
• 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$2.66
• Price Target Upside: 7.21% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

China Yongda Automobiles Services currently faces several financial and operational challenges, as reflected by its moderate financial performance score. Technical analysis indicates mixed signals without a clear trend, while valuation suggests the stock may be overvalued despite a high dividend yield. Strategic improvements in cash flow management and operational efficiencies are essential for future resilience.

China Yongda Automobiles Services Business Overview & Revenue Model

Company Description

China Yongda Automobiles Services Holdings Limited, an investment holding company, operates as a passenger vehicle retailer and service provider. The company focuses on luxury and ultra-luxury brands. It offers repair and maintenance, automobile extended products and services, and automobile finance and insurance product agency services. In addition, the company provides pre-owned vehicles, automobile rental services, and financial leasing and small loan services, as well as offers after-sales services primarily through its 4S dealerships, including sales, spare parts, service, and survey. As of December 31, 2021, it had 237 outlets located across 4 municipalities and 19 provinces in the People's Republic of China. China Yongda Automobiles Services Holdings Limited was incorporated in 2011 and is headquartered in Shanghai, the People's Republic of China.

How the Company Makes Money

China Yongda Automobiles Services generates revenue primarily through the sale of new passenger vehicles, particularly luxury and ultra-luxury brands. The company also earns significant income from after-sales services, which include maintenance and repair services, enhancing customer loyalty and retention. Additionally, the company benefits from the sale of spare parts and accessories. Strategic partnerships with renowned automobile manufacturers further bolster its revenue streams, providing a steady supply of high-demand vehicles and parts that cater to the preferences of its affluent customer base. The company's extensive network of service centers across China also plays a crucial role in its profitability by ensuring accessibility and convenience for customers, thereby driving repeat business.

China Yongda Automobiles Services Financial Statement Overview

Summary

China Yongda Automobiles Services faces challenges in sustaining revenue growth and profitability amidst declining margins and fluctuating cash flows. The balance sheet remains stable, but strategic improvements are needed in cash flow management and operational efficiency to enhance financial health and resilience.

Income Statement

The income statement shows fluctuating revenue with a recent decline from 2023 to 2024. Gross profit margin has decreased over the years, indicating pressure on profitability. Net profit margin is weak, with a significant drop in net income from 2023 to 2024, highlighting challenges in cost management and market conditions. The company needs to focus on improving operational efficiencies to enhance profitability.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio, suggesting manageable leverage, but the equity ratio indicates a declining proportion of equity financing. Return on equity has been inconsistent, reflecting volatile earnings performance. Efforts to strengthen the capital structure and improve asset utilization would be beneficial.

Cash Flow

Cash flow analysis reveals inconsistency, with a significant drop in operating cash flow in 2024. Free cash flow has been positive but volatile, highlighting potential issues with cash generation and capital expenditure management. The absence of free cash flow in 2024 is concerning and suggests the need for better cash flow management strategies.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
63.42B	72.60B	72.02B	77.92B	68.20B
	Gross Profit
5.27B	4.99B	6.39B	7.75B	6.13B
	EBIT
405.82M	961.47M	2.34B	3.83B	2.50B
	EBITDA
1.25B	2.35B	3.21B	4.68B	3.30B
	Net Income Common Stockholders
200.77M	572.58M	1.41B	2.48B	1.62B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.49B	2.24B	2.51B	2.34B	3.84B
	Total Assets
35.05B	32.69B	32.40B	31.57B	34.74B
	Total Debt
4.82B	5.64B	5.52B	7.01B	12.07B
	Net Debt
3.34B	3.40B	3.27B	4.67B	8.89B
	Total Liabilities
20.83B	18.29B	17.74B	17.28B	22.38B
	Stockholders Equity
13.88B	13.94B	14.16B	13.71B	11.83B
Cash Flow		Free Cash Flow
0.00	413.93M	2.85B	3.97B	4.78B
	Operating Cash Flow
0.00	1.83B	4.23B	5.01B	5.73B
	Investing Cash Flow
0.00	-538.39M	-1.46B	-282.15M	-1.67B
	Financing Cash Flow
0.00	-1.28B	-2.84B	-5.56B	-3.19B

China Yongda Automobiles Services Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.48
• 50DMA: Negative
• 100DMA: Negative
• 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:3669, the sentiment is Negative. The current price of 2.48 is below the 20-day moving average (MA) of 2.49, below the 50-day MA of 2.65, and above the 200-day MA of 2.09, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 45.65 is Neutral, neither overbought nor oversold. The STOCH value of 36.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3669.

China Yongda Automobiles Services Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1211	72 Outperform	$1.30T	26.11	23.91%	0.78%	33.89%	45.52%
2333	70 Neutral	$188.70B	8.59	14.58%	2.76%	5.32%	10.61%
Sector *	61 Neutral	$6.98B	11.35	2.88%	3.90%	2.65%	-21.84%
1114	61 Neutral	$14.98B	4.46	8.00%	―	-3.96%	-60.66%
3669	55 Neutral	HK$4.65B	21.75	1.44%	4.93%	-14.25%	-65.33%
2238	54 Neutral	$71.70B	32.30	-0.98%	4.81%	-18.42%	-82.40%

China Yongda Automobiles Services Corporate Events

China Yongda Announces 2025 Annual General Meeting Agenda

China Yongda Automobiles Services Holdings Limited has announced its upcoming annual general meeting scheduled for May 30, 2025, in Hong Kong. Key agenda items include the adoption of the company’s financial statements for 2024, declaration of a final dividend, re-election of directors, and re-appointment of Deloitte Touche Tohmatsu as auditor. The meeting will also consider resolutions granting the board authority to issue additional shares, which could impact the company’s capital structure and shareholder value.

China Yongda Automobiles Updates Nomination Committee Terms

China Yongda Automobiles Services Holdings Limited has updated the terms of reference for its Nomination Committee, effective March 28, 2025. This update outlines the committee’s structure, membership, and meeting procedures, aiming to ensure effective governance and decision-making within the company.

China Yongda Automobiles Reports Decline in 2024 Financial Results

China Yongda Automobiles Services Holdings Limited reported a significant decline in its financial performance for the year ended December 31, 2024, with a 14.6% decrease in revenue compared to the previous year. Despite a substantial increase in revenue from independent new energy vehicles and commission income, the company faced a 71.8% drop in net profit, highlighting challenges in the broader automotive market and impacting stakeholders’ expectations.

China Yongda Automobiles Announces Final Dividend for 2024

China Yongda Automobiles Services Holdings Limited announced a final cash dividend of RMB 0.069 per share for the financial year ending December 31, 2024. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders, with the dividend payment scheduled for June 30, 2025, following shareholder approval and necessary administrative procedures.

China Yongda Automobiles Schedules Board Meeting for Annual Results Review

China Yongda Automobiles Services Holdings Limited has announced that its board of directors will meet on March 28, 2025, to review and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the recommendation for the payment of a final dividend, which could impact shareholder returns and reflect the company’s financial health.