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Deewin Tianxia Co., Ltd logo

Deewin Tianxia Co., Ltd

2418.HK

HKSEConsumer CyclicalAuto - Dealerships

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Latest quote

HK$2.89

+HK$0.19 · +7.04%

Aug 24, 10:55 AM HKTData delayed

2418.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Deewin Tianxia Co., Ltd is a Chinese enterprise offering a broad spectrum of services, including logistics and supply chain management, financial solutions, and Internet of Vehicles (IoV) data services. Within its logistics and supply chain operations, the company provides warehousing and logistical support to upstream component suppliers and commercial automobile manufacturers in the midstream. It also sells commercial vehicles from Shaanxi Heavy Duty Automobile and Shaanxi Commercial Automobile, along with aftermarket products like tires and lubricants. Furthermore, it extends third-party logistics (3PL) services to independent clients. Deewin Tianxia's financial services division facilitates commercial automobile purchases for a variety of downstream end-users through financing solutions. It also offers factoring services to upstream component suppliers and mid-downstream logistics companies. Rounding out its offerings, the company engages in the IoV sector by selling related products, such as pre-installed IoV devices in commercial vehicles, and delivering IoV data analytics and solutions. Founded in Xi'an, China, in 2005, Deewin Tianxia Co., Ltd operates as a subsidiary of Shaanxi Automobile Group Co Ltd.

Industry
Auto - Dealerships
Sector
Consumer Cyclical
Headquarters
CN
CEO
Peng Zhao
Listed since
Jul 15, 2022
Employees
1,539

Market position

Day range

Current HK$2.89

52-week range

Current HK$2.89

Open
HK$2.70
Previous close
HK$2.70
Volume
328.5K
0.24× average
Average volume
1.37M
Average daily volume
Market cap
1.6B HKD
Beta
-0.6
Market reference 1
50-day average
HK$2.7892
+3.61% above average
200-day average
HK$4.0689
-28.97% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
24.93B CNY
P/E (TTM)
78.9×
P/B (TTM)
1.61×
P/S (TTM)
0.5×
EV / EBITDA
191.07×
Earnings yield
0.37%
Free cash flow yield
-4.70%
Dividend yield
1.25%

Profitability & efficiency

Gross margin
14.03%
Operating margin
3.77%
Net margin
2.47%
Return on equity
2.04%
Return on assets
0.60%
Return on invested capital
0.63%

Financial health

Debt / equity
2.13×
Current ratio
1.42×
Altman Z-score
0.66
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%17%9%0%Gross margin, FY2021: 23.42%Gross margin, FY2022: 18.11%Gross margin, FY2023: 16.52%Gross margin, FY2024: 16.39%Gross margin, FY2025: 14.03%Operating margin, FY2021: 13.88%Operating margin, FY2022: 10.06%Operating margin, FY2023: 6.98%Operating margin, FY2024: 7.72%Operating margin, FY2025: 3.77%Net margin, FY2021: 11.60%Net margin, FY2022: 8.30%Net margin, FY2023: 4.78%Net margin, FY2024: 5.83%Net margin, FY2025: 2.47%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.42%. Gross margin FY2022 18.11%. Gross margin FY2023 16.52%. Gross margin FY2024 16.39%. Gross margin FY2025 14.03%. Operating margin FY2021 13.88%. Operating margin FY2022 10.06%. Operating margin FY2023 6.98%. Operating margin FY2024 7.72%. Operating margin FY2025 3.77%. Net margin FY2021 11.60%. Net margin FY2022 8.30%. Net margin FY2023 4.78%. Net margin FY2024 5.83%. Net margin FY2025 2.47%.

Income trends

Revenue

2.76B CNY+5.12%

Operating income

104.25M CNY-48.63%

Net income

68.29M CNY-55.43%
Income trends across reported periods3.43B CNY2.21B CNY985.86M CNY−237.56M CNYRevenue, FY2021: 3.13B CNYRevenue, FY2022: 2.73B CNYRevenue, FY2023: 3.12B CNYRevenue, FY2024: 2.63B CNYRevenue, FY2025: 2.76B CNYOperating income, FY2021: 433.94M CNYOperating income, FY2022: 274.35M CNYOperating income, FY2023: 217.86M CNYOperating income, FY2024: 202.94M CNYOperating income, FY2025: 104.25M CNYNet income, FY2021: 362.72M CNYNet income, FY2022: 226.41M CNYNet income, FY2023: 149.26M CNYNet income, FY2024: 153.23M CNYNet income, FY2025: 68.29M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.13B CNY. Revenue FY2022 2.73B CNY. Revenue FY2023 3.12B CNY. Revenue FY2024 2.63B CNY. Revenue FY2025 2.76B CNY. Operating income FY2021 433.94M CNY. Operating income FY2022 274.35M CNY. Operating income FY2023 217.86M CNY. Operating income FY2024 202.94M CNY. Operating income FY2025 104.25M CNY. Net income FY2021 362.72M CNY. Net income FY2022 226.41M CNY. Net income FY2023 149.26M CNY. Net income FY2024 153.23M CNY. Net income FY2025 68.29M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue2.76B CNY2.63B CNY3.12B CNY2.73B CNY3.13B CNY
Cost of goods sold2.37B CNY2.2B CNY2.6B CNY2.23B CNY2.39B CNY
Gross profit387.42M CNY430.61M CNY515.41M CNY494.04M CNY732.41M CNY
Research and development40.22M CNY34.2M CNY36.43M CNY41.48M CNY30.53M CNY
Selling, general, and administrative38.57M CNY56.93M CNY51.28M CNY47.66M CNY51.47M CNY
Operating expenses283.17M CNY227.66M CNY297.56M CNY169.18M CNY154.3M CNY
Interest income14.88M CNY21.5M CNY29.49M CNY31.14M CNY12.29M CNY
Interest expense32.07M CNY29.8M CNY43.38M CNY31.37M CNY6.76M CNY
Depreciation and amortization27.48M CNY57.22M CNY49.26M CNY54.05M CNY51.94M CNY
Operating income104.25M CNY202.94M CNY217.86M CNY274.35M CNY433.94M CNY
Net income68.29M CNY153.23M CNY149.26M CNY226.41M CNY362.72M CNY

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.0383

2025 complete year-20.5% since 2023

2026 partial: HK$0.0361

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 1, 2026

HK$0.0361

Annual

Record Jun 2, 2026 · Payment Aug 26, 2026

Dividend

Ex-dividend Jun 2, 2025

HK$0.0383

Annual

Record Jun 3, 2025 · Payment Aug 22, 2025

Dividend

Ex-dividend Jun 3, 2024

HK$0.0448

Annual

Record Jun 4, 2024 · Payment Aug 23, 2024

Dividend

Ex-dividend Jun 1, 2023

HK$0.0481

Annual

Record Jun 2, 2023 · Payment Aug 25, 2023

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