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Zhongsheng Group Holdings Limited's (HKG:881) Most Bullish Insider, Top Key Executive Yi Huang Must Be Pleased With the Recent 5.2% Gain
Car Dealers/auto Retailers are under pressure, ZHONGSHENG HLDG (00881) fell by 2.69%. The China Automobile Dealers Association indicates that the cash flow situation in the Industry has not yet eased.
Jinwu Finance News | Car dealer stocks collectively under pressure, ZHONGSHENG HLDG (00881) down 2.69%, ZHENGTONGAUTO (01728) down 2.52%, YONGDA AUTO (03669) down 1.56%, MEIDONG AUTO (01268) down 0.45%. On the news front, the latest issue of the 'China Automobile Dealers Inventory Alert Index Survey' released by the China Automobile Dealers Association shows that in January 2025, the inventory alert index for Chinese car dealers is 62.3%, an increase of 2.4 percentage points year-on-year and an increase of 12.1 percentage points month-on-month, indicating that the inventory alert index is above the breakeven line, with automobile circulation.
Kaiyuan Securities: Initiated a 'Buy' rating for ZHONGSHENG HLDG, with New energy Fund distribution expected to restore profitability.
Kyg Securities released a Research Report stating that it has given ZHONGSHENG HLDG (00881) a "Buy" rating. Affected by the domestic new car price war, the company's gross margin for new cars in H1 2024 is -3.3%, marking the first loss. Considering the cross-business gross margin brought by new car sales, the comprehensive gross margin per new car is 4,700 yuan. The authorization of the WMD brand will inject both sales and profit growth into the existing new car business. It is expected that the company's revenue for 2024-2026 will be 179.476/184.102/180.736 billion yuan, with Net income attributable to the parent company of 25.45/31.64/49.40.
[Brokerage Focus] Kainuo Securities initiates a "Buy" rating on ZHONGSHENG HLDG (00881), indicating that the authorization from Questioning World will drive an increase in both new car sales and profitability.
Jinwu Financial News | According to the research report from Kaiyuan Securities, ZHONGSHENG HLDG (00881) has a relatively concentrated distribution of brands, while pursuing sales influence in brand voice. In the first half of 2024, ZHONGSHENG Group's market share for sales in domestic Mercedes-Benz and Lexus was 18% and 32%, respectively. Affected by the domestic new car price war, the company's gross margin for new cars in the first half of 2024 was -3.3%, marking its first loss. Considering the crossover business gross margin brought by new car sales, the comprehensive gross margin for each new car in the first half of 2024 was 4,700 yuan. The authorization of the Aihe brand will inject dual growth in sales and profits into the existing new car business. The report indicates centralized coordination at the group level.
ZHONGSHENG HLDG [00881] is currently reported at HKD 12.78, with an increase of 5.10%.
As of 10:04, ZHONGSHENG HLDG [00881] is reported at 12.78 Hong Kong dollars, an increase of 0.62 Hong Kong dollars or 5.10% compared to yesterday's closing price of 12.16 Hong Kong dollars, with a trading volume of 12.6398 million Hong Kong dollars. Today's highest price is 12.78 Hong Kong dollars and the lowest price is 12.32 Hong Kong dollars. Based on yesterday's closing price, the 10-day average price is 12.22 Hong Kong dollars, the 50-day average price is 15.17 Hong Kong dollars, and the current PE is 5.27 times, with a 14-day strength index of 24.87.
It's Down 26% But Zhongsheng Group Holdings Limited (HKG:881) Could Be Riskier Than It Looks
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