Mingxin Automotive Leather Co., Ltd. Logo

Mingxin Automotive Leather Co., Ltd.

605068.SS

(2.5)
Stock Price

13,39 CNY

1.42% ROA

2.6% ROE

48x PER

Market Cap.

2.252.805.302,00 CNY

58.86% DER

0% Yield

4.86% NPM

Mingxin Automotive Leather Co., Ltd. Stock Analysis

Mingxin Automotive Leather Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Mingxin Automotive Leather Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

2 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 ROE

The stock's ROE falls within an average range (4.53%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (2.64%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (2.51x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 DER

The stock has a reasonable amount of debt compared to its ownership (53%), suggesting a balanced financial position and a moderate level of risk.

7 Dividend

The company has consistently provided dividends over the past three years, indicating a reliable source of income for investors.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (171), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Mingxin Automotive Leather Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Mingxin Automotive Leather Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Mingxin Automotive Leather Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Mingxin Automotive Leather Co., Ltd. Revenue
Year Revenue Growth
2016 469.243.069
2017 551.146.443 14.86%
2018 570.363.927 3.37%
2019 658.132.443 13.34%
2020 808.233.625 18.57%
2021 820.774.984 1.53%
2022 855.552.009 4.06%
2023 1.029.297.283 16.88%
2023 898.244.709 -14.59%
2024 958.632.308 6.3%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Mingxin Automotive Leather Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2016 27.082.278
2017 32.624.915 16.99%
2018 41.174.831 20.76%
2019 41.773.758 1.43%
2020 69.982.902 40.31%
2021 86.113.227 18.73%
2022 99.423.162 13.39%
2023 97.821.021 -1.64%
2023 80.438.665 -21.61%
2024 74.299.896 -8.26%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Mingxin Automotive Leather Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2016 24.287.736
2017 7.608.596 -219.21%
2018 6.104.772 -24.63%
2019 8.339.564 26.8%
2020 14.563.733 42.74%
2021 16.150.748 9.83%
2022 15.233.577 -6.02%
2023 153.906.961 90.1%
2023 18.926.710 -713.17%
2024 -16.035.842 218.03%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Mingxin Automotive Leather Co., Ltd. EBITDA
Year EBITDA Growth
2016 92.990.334
2017 134.098.532 30.66%
2018 150.829.136 11.09%
2019 240.612.995 37.31%
2020 304.432.403 20.96%
2021 256.945.822 -18.48%
2022 205.609.095 -24.97%
2023 128.808.068 -59.62%
2023 122.197.340 -5.41%
2024 80.048.280 -52.65%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Mingxin Automotive Leather Co., Ltd. Gross Profit
Year Gross Profit Growth
2016 152.777.835
2017 191.304.703 20.14%
2018 216.273.016 11.54%
2019 297.810.359 27.38%
2020 397.156.040 25.01%
2021 329.994.271 -20.35%
2022 277.974.158 -18.71%
2023 290.140.594 4.19%
2023 199.798.728 -45.22%
2024 234.230.828 14.7%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Mingxin Automotive Leather Co., Ltd. Net Profit
Year Net Profit Growth
2016 55.355.438
2017 95.442.372 42%
2018 108.109.427 11.72%
2019 179.316.925 39.71%
2020 220.510.223 18.68%
2021 163.385.464 -34.96%
2022 100.534.884 -62.52%
2023 89.825.336 -11.92%
2023 55.082.571 -63.07%
2024 -12.175.040 552.42%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Mingxin Automotive Leather Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2016 1
2017 1 0%
2018 1 0%
2019 1 100%
2020 1 0%
2021 1 0%
2022 1 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Mingxin Automotive Leather Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2016 3.753.156
2017 -17.422.395 121.54%
2018 108.814.172 116.01%
2019 47.850.132 -127.41%
2020 -89.134.022 153.68%
2021 -123.870.920 28.04%
2022 -197.664.889 37.33%
2023 -351.521.760 43.77%
2023 -77.961.073 -350.89%
2024 -154.212.326 49.45%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Mingxin Automotive Leather Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2016 17.905.700
2017 17.166.881 -4.3%
2018 153.343.482 88.8%
2019 145.333.752 -5.51%
2020 100.169.326 -45.09%
2021 64.616.870 -55.02%
2022 81.698.188 20.91%
2023 63.395.654 -28.87%
2023 71.079.179 10.81%
2024 -97.075.743 173.22%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Mingxin Automotive Leather Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2016 14.152.544
2017 34.589.276 59.08%
2018 44.529.309 22.32%
2019 97.483.619 54.32%
2020 189.303.348 48.5%
2021 188.487.790 -0.43%
2022 279.363.077 32.53%
2023 414.917.414 32.67%
2023 149.040.252 -178.39%
2024 57.136.583 -160.85%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Mingxin Automotive Leather Co., Ltd. Equity
Year Equity Growth
2016 203.399.060
2017 363.553.463 44.05%
2018 434.318.391 16.29%
2019 613.587.488 29.22%
2020 1.705.984.474 64.03%
2021 1.763.042.441 3.24%
2022 1.917.010.959 8.03%
2023 1.875.944.737 -2.19%
2023 1.859.249.597 -0.9%
2024 1.855.542.266 -0.2%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Mingxin Automotive Leather Co., Ltd. Assets
Year Assets Growth
2016 546.241.965
2017 717.206.269 23.84%
2018 705.484.784 -1.66%
2019 943.404.300 25.22%
2020 2.132.625.723 55.76%
2021 2.669.433.705 20.11%
2022 3.308.940.375 19.33%
2023 3.439.729.536 3.8%
2023 3.349.540.174 -2.69%
2024 3.550.666.888 5.66%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Mingxin Automotive Leather Co., Ltd. Liabilities
Year Liabilities Growth
2016 342.842.905
2017 353.652.805 3.06%
2018 271.166.392 -30.42%
2019 329.816.811 17.78%
2020 426.641.248 22.69%
2021 906.391.262 52.93%
2022 1.391.929.415 34.88%
2023 1.493.932.860 6.83%
2023 1.490.290.577 -0.24%
2024 1.627.740.339 8.44%

Mingxin Automotive Leather Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.2
Net Income per Share
0.3
Price to Earning Ratio
48x
Price To Sales Ratio
2.26x
POCF Ratio
-24.46
PFCF Ratio
-4.72
Price to Book Ratio
1.25
EV to Sales
3.32
EV Over EBITDA
31.14
EV to Operating CashFlow
-34.81
EV to FreeCashFlow
-6.93
Earnings Yield
0.02
FreeCashFlow Yield
-0.21
Market Cap
2,25 Bil.
Enterprise Value
3,31 Bil.
Graham Number
8.85
Graham NetNet
-1.32

Income Statement Metrics

Net Income per Share
0.3
Income Quality
-1.96
ROE
0.03
Return On Assets
0.01
Return On Capital Employed
0.01
Net Income per EBT
1.15
EBT Per Ebit
1.09
Ebit per Revenue
0.04
Effective Tax Rate
-0.15

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0.09
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.25
Operating Profit Margin
0.04
Pretax Profit Margin
0.04
Net Profit Margin
0.05

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0.8
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.59
Free CashFlow per Share
-2.97
Capex to Operating CashFlow
-4.02
Capex to Revenue
0.38
Capex to Depreciation
14.24
Return on Invested Capital
0.02
Return on Tangible Assets
0.01
Days Sales Outstanding
250.4
Days Payables Outstanding
156.41
Days of Inventory on Hand
417.29
Receivables Turnover
1.46
Payables Turnover
2.33
Inventory Turnover
0.87
Capex per Share
2.38

Balance Sheet

Cash per Share
2,97
Book Value per Share
11,97
Tangible Book Value per Share
11.07
Shareholders Equity per Share
11.55
Interest Debt per Share
7.15
Debt to Equity
0.59
Debt to Assets
0.31
Net Debt to EBITDA
9.93
Current Ratio
2.61
Tangible Asset Value
1,78 Bil.
Net Current Asset Value
0,40 Bil.
Invested Capital
2656275194
Working Capital
1,25 Bil.
Intangibles to Total Assets
0.04
Average Receivables
0,60 Bil.
Average Payables
0,30 Bil.
Average Inventory
814490982.5
Debt to Market Cap
0.48

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Mingxin Automotive Leather Co., Ltd. Dividends
Year Dividends Growth
2021 1
2022 0 0%
2023 0 0%

Mingxin Automotive Leather Co., Ltd. Profile

About Mingxin Automotive Leather Co., Ltd.

Mingxin New Material Co., Ltd. engages in the research, development, production, and sale of automotive leather. It offers automotive interior leather used in automotive interior parts such as car seats, armrests, headrests, steering wheels, instrument panels, and door panels. The company was founded on December 7, 2005 and is headquartered in Jiaxing, China.

CEO
Jun Xin Zhuang
Employee
1.030
Address

Jiaxing,

Mingxin Automotive Leather Co., Ltd. Executives & BODs

Mingxin Automotive Leather Co., Ltd. Executives & BODs
# Name Age

Mingxin Automotive Leather Co., Ltd. Competitors