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Autostreets Development Limited logo

Autostreets Development Limited

2443.HK

HKSEConsumer CyclicalAuto - Dealerships

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Latest quote

HK$1.44

−HK$0.02 · -1.37%

Aug 24, 4:08 PM HKT

2443.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Autostreets Development Limited operates as an investment holding company, primarily focusing on providing comprehensive pre-owned vehicle transaction services throughout China. The firm manages a seamlessly integrated online and offline marketplace that effectively connects a wide array of sellers with buyers of used automobiles, concurrently overseeing large-scale auctions for these vehicles. Beyond its core transactional platform, Autostreets furnishes a suite of supplementary services, including value-added support for used cars, services for event management related to exhibitions, and various other automotive provisions such as assisting with title transfers and installing GPS units. Additionally, the company facilitates the direct sale of second-hand vehicles and supplies IT system and internet-based information solutions. Established in 2014, Autostreets Development Limited is headquartered in Shanghai, China.

Industry
Auto - Dealerships
Sector
Consumer Cyclical
Headquarters
CN
CEO
Hongliang Zhao
Listed since
May 31, 2024
Employees
600

Market position

52-week range

Current HK$1.44

Open
HK$1.44
Previous close
HK$1.46
Volume
0
0× average
Average volume
471.94K
Average daily volume
Market cap
1.2B HKD
Beta
-9.04
Market reference 1
50-day average
HK$1.568
-8.16% below average
200-day average
HK$2.185
-34.09% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.35B CNY
P/E (TTM)
123.52×
P/B (TTM)
1.11×
P/S (TTM)
3.79×
EV / EBITDA
43.27×
Earnings yield
0.41%
Free cash flow yield
1.55%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
62.61%
Operating margin
7.04%
Net margin
3.05%
Return on equity
0.89%
Return on assets
0.67%
Return on invested capital
0.96%

Financial health

Debt / equity
0.2×
Current ratio
4.89×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends73%35%-2%-39%Gross margin, FY2021: 62.80%Gross margin, FY2022: 60.91%Gross margin, FY2023: 63.52%Gross margin, FY2024: 62.44%Gross margin, FY2025: 62.61%Operating margin, FY2021: 33.79%Operating margin, FY2022: 15.50%Operating margin, FY2023: 17.44%Operating margin, FY2024: 10.13%Operating margin, FY2025: 4.71%Net margin, FY2021: 7.08%Net margin, FY2022: 9.67%Net margin, FY2023: -3.15%Net margin, FY2024: -30.10%Net margin, FY2025: 3.05%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 62.80%. Gross margin FY2022 60.91%. Gross margin FY2023 63.52%. Gross margin FY2024 62.44%. Gross margin FY2025 62.61%. Operating margin FY2021 33.79%. Operating margin FY2022 15.50%. Operating margin FY2023 17.44%. Operating margin FY2024 10.13%. Operating margin FY2025 4.71%. Net margin FY2021 7.08%. Net margin FY2022 9.67%. Net margin FY2023 -3.15%. Net margin FY2024 -30.10%. Net margin FY2025 3.05%.

Income trends

Revenue

271.08M CNY-33.66%

Operating income

12.76M CNY-69.17%

Net income

8.27M CNY+131.27M CNY
Income trends across reported periods757.76M CNY437.48M CNY117.2M CNY−203.07M CNYRevenue, FY2021: 677.69M CNYRevenue, FY2022: 467.63M CNYRevenue, FY2023: 491.97M CNYRevenue, FY2024: 408.59M CNYRevenue, FY2025: 271.08M CNYOperating income, FY2021: 228.98M CNYOperating income, FY2022: 72.5M CNYOperating income, FY2023: 85.78M CNYOperating income, FY2024: 41.37M CNYOperating income, FY2025: 12.76M CNYNet income, FY2021: 47.97M CNYNet income, FY2022: 45.24M CNYNet income, FY2023: −15.51M CNYNet income, FY2024: −123M CNYNet income, FY2025: 8.27M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 677.69M CNY. Revenue FY2022 467.63M CNY. Revenue FY2023 491.97M CNY. Revenue FY2024 408.59M CNY. Revenue FY2025 271.08M CNY. Operating income FY2021 228.98M CNY. Operating income FY2022 72.5M CNY. Operating income FY2023 85.78M CNY. Operating income FY2024 41.37M CNY. Operating income FY2025 12.76M CNY. Net income FY2021 47.97M CNY. Net income FY2022 45.24M CNY. Net income FY2023 −15.51M CNY. Net income FY2024 −123M CNY. Net income FY2025 8.27M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue271.08M CNY408.59M CNY491.97M CNY467.63M CNY677.69M CNY
Cost of goods sold101.35M CNY153.46M CNY179.49M CNY182.81M CNY252.12M CNY
Gross profit169.73M CNY255.13M CNY312.48M CNY284.82M CNY425.57M CNY
Research and development11.04M CNY10.77M CNY11.37M CNY——
Selling, general, and administrative145.93M CNY203.27M CNY228.75M CNY37.58M CNY41.01M CNY
Operating expenses156.97M CNY213.76M CNY226.7M CNY212.32M CNY196.58M CNY
Interest income7.19M CNY5.54M CNY10.64M CNY16.6M CNY23.31M CNY
Interest expense6.85M CNY6.32M CNY5.77M CNY5.72M CNY4.92M CNY
Depreciation and amortization4.31M CNY29.74M CNY4.94M CNY29.78M CNY28.26M CNY
Operating income12.76M CNY41.37M CNY85.78M CNY72.5M CNY228.98M CNY
Net income8.27M CNY−123M CNY−15.51M CNY45.24M CNY47.97M CNY

Company facts updated Aug 24, 2026.

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