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Xinchen China Power Holdings Limited logo

Xinchen China Power Holdings Limited

1148.HK

HKSEConsumer CyclicalAuto - Parts

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Latest quote

HK$0.226

+HK$0.004 · +1.80%

Aug 25, 3:36 PM HKT

1148.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Xinchen China Power Holdings Limited, operating through its subsidiaries, focuses on the development, manufacturing, and distribution of automotive engines. These engines are specifically designed for passenger cars and light-duty commercial vehicles across the People's Republic of China. The company's activities are categorized into three core areas: gasoline engines, diesel engines, and engine components. Additionally, it produces parts and components for passenger vehicle engines and is involved in the leasing of industrial premises. Founded in 1998, Xinchen China Power Holdings Limited has its corporate headquarters located in Central, Hong Kong.

Industry
Auto - Parts
Sector
Consumer Cyclical
Headquarters
HK
CEO
Han Deng
Listed since
Mar 13, 2013
Employees
957

Market position

Day range

Current HK$0.226

52-week range

Current HK$0.226

Open
HK$0.22
Previous close
HK$0.222
Volume
27K
0.1× average
Average volume
257.63K
Average daily volume
Market cap
289.78M HKD
Beta
0.6
Market reference 1
50-day average
HK$0.2342
-3.48% below average
200-day average
HK$0.2796
-19.17% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.13B CNY
P/E (TTM)
11.53×
P/B (TTM)
0.14×
P/S (TTM)
0.08×
EV / EBITDA
10.97×
Earnings yield
5.47%
Free cash flow yield
-21.73%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
4.42%
Operating margin
-1.48%
Net margin
0.69%
Return on equity
1.14%
Return on assets
0.52%
Return on invested capital
-0.42%

Financial health

Debt / equity
0.72×
Current ratio
0.96×
Altman Z-score
2.58
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends10%-4%-17%-30%Gross margin, FY2021: 5.23%Gross margin, FY2022: 6.20%Gross margin, FY2023: 3.29%Gross margin, FY2024: 3.02%Gross margin, FY2025: 3.95%Operating margin, FY2021: -22.31%Operating margin, FY2022: -7.31%Operating margin, FY2023: -1.61%Operating margin, FY2024: -0.19%Operating margin, FY2025: -0.35%Net margin, FY2021: -26.85%Net margin, FY2022: -7.01%Net margin, FY2023: 0.77%Net margin, FY2024: 0.63%Net margin, FY2025: 0.43%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 5.23%. Gross margin FY2022 6.20%. Gross margin FY2023 3.29%. Gross margin FY2024 3.02%. Gross margin FY2025 3.95%. Operating margin FY2021 -22.31%. Operating margin FY2022 -7.31%. Operating margin FY2023 -1.61%. Operating margin FY2024 -0.19%. Operating margin FY2025 -0.35%. Net margin FY2021 -26.85%. Net margin FY2022 -7.01%. Net margin FY2023 0.77%. Net margin FY2024 0.63%. Net margin FY2025 0.43%.

Income trends

Revenue

4.71B CNY-22.53%

Operating income

−16.41M CNY-40.17%

Net income

20.16M CNY-47.19%
Income trends across reported periods6.73B CNY4.14B CNY1.55B CNY−1.04B CNYRevenue, FY2021: 1.46B CNYRevenue, FY2022: 1.65B CNYRevenue, FY2023: 5.34B CNYRevenue, FY2024: 6.08B CNYRevenue, FY2025: 4.71B CNYOperating income, FY2021: −326.28M CNYOperating income, FY2022: −120.73M CNYOperating income, FY2023: −85.87M CNYOperating income, FY2024: −11.71M CNYOperating income, FY2025: −16.41M CNYNet income, FY2021: −392.77M CNYNet income, FY2022: −115.83M CNYNet income, FY2023: 41.07M CNYNet income, FY2024: 38.17M CNYNet income, FY2025: 20.16M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.46B CNY. Revenue FY2022 1.65B CNY. Revenue FY2023 5.34B CNY. Revenue FY2024 6.08B CNY. Revenue FY2025 4.71B CNY. Operating income FY2021 −326.28M CNY. Operating income FY2022 −120.73M CNY. Operating income FY2023 −85.87M CNY. Operating income FY2024 −11.71M CNY. Operating income FY2025 −16.41M CNY. Net income FY2021 −392.77M CNY. Net income FY2022 −115.83M CNY. Net income FY2023 41.07M CNY. Net income FY2024 38.17M CNY. Net income FY2025 20.16M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue4.71B CNY6.08B CNY5.34B CNY1.65B CNY1.46B CNY
Cost of goods sold4.53B CNY5.9B CNY5.16B CNY1.55B CNY1.39B CNY
Gross profit186.04M CNY183.56M CNY175.87M CNY102.39M CNY76.44M CNY
Research and development63.54M CNY100.8M CNY—44.39M CNY95.02M CNY
Selling, general, and administrative137.79M CNY182.72M CNY143.43M CNY156.25M CNY216.52M CNY
Operating expenses202.45M CNY273.25M CNY261.73M CNY223.12M CNY402.72M CNY
Interest income3.66M CNY3.65M CNY3.76M CNY4.64M CNY6.51M CNY
Interest expense38.02M CNY47.75M CNY57.31M CNY62.35M CNY58.37M CNY
Depreciation and amortization80.65M CNY94.21M CNY265.28M CNY183.78M CNY245.44M CNY
Operating income−16.41M CNY−11.71M CNY−85.87M CNY−120.73M CNY−326.28M CNY
Net income20.16M CNY38.17M CNY41.07M CNY−115.83M CNY−392.77M CNY

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.07-0.1-0.27-0.45Q2 '21Q1 '22Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.03, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 25, 2022: actual -0.406, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 18, 2022: actual -0.034, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 28, 2023: actual -0.069, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 21, 2023: actual 0.018, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 0.017, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 21, 2024: actual 0.019, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 20, 2025: actual 0.013, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.48B3.15B1.82B488.05MQ2 '21No estimateQ1 '22No estimateQ3 '22MissQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimate
Q2 2021, reported Jun 30, 2021: actual 1.13B HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 25, 2022: actual 640.9M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 18, 2022: actual 574.17M HKD, estimate 4.19B HKD, surprise -86.29%, Miss. Q1 2023, reported Mar 28, 2023: actual 1.32B HKD, estimate 4.19B HKD, surprise -68.40%, Miss. Q3 2023, reported Aug 21, 2023: actual 2.43B HKD, estimate 4.19B HKD, surprise -41.90%, Miss. Q1 2024, reported Mar 27, 2024: actual 3.42B HKD, estimate 4.19B HKD, surprise -18.31%, Miss. Q3 2024, reported Aug 21, 2024: actual 2.81B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 20, 2025: actual 3.68B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Dividend

Ex-dividend Jun 23, 2025

HK$0.0097

Special

Record Jun 24, 2025 · Payment Jul 9, 2025

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