Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

China XD Plastics

DB:02Y
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
02Y
DB
$59M
Market Cap
  1. Home
  2. DE
  3. Automobiles
Company description

China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the People’s Republic of China the United Arab Emirates, and internationally. The last earnings update was 144 days ago. More info.


Add to Portfolio Compare Print
  • China XD Plastics has significant price volatility in the past 3 months.
02Y Share Price and Events
7 Day Returns
7%
DB:02Y
-3.6%
DE Auto Components
-0.6%
DE Market
1 Year Returns
-58.2%
DB:02Y
-52.5%
DE Auto Components
-20.9%
DE Market
02Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China XD Plastics (02Y) 7% -16.8% -53.1% -58.2% -81.2% -84.1%
DE Auto Components -3.6% -26.6% -44.8% -52.5% -66.5% -71.2%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 02Y underperformed the Auto Components industry which returned -52.5% over the past year.
  • 02Y underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
02Y
Industry
5yr Volatility vs Market

Value

 Is China XD Plastics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China XD Plastics. This is due to cash flow or dividend data being unavailable. The share price is €0.84.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China XD Plastics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China XD Plastics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:02Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $1.22
NasdaqGM:CXDC Share Price ** NasdaqGM (2020-04-06) in USD $0.88
Germany Auto Components Industry PE Ratio Median Figure of 9 Publicly-Listed Auto Components Companies 11.43x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China XD Plastics.

DB:02Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:CXDC Share Price ÷ EPS (both in USD)

= 0.88 ÷ 1.22

0.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China XD Plastics is good value based on earnings compared to the DE Auto Components industry average.
  • China XD Plastics is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does China XD Plastics's expected growth come at a high price?
Raw Data
DB:02Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.49x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for China XD Plastics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China XD Plastics's assets?
Raw Data
DB:02Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $13.29
NasdaqGM:CXDC Share Price * NasdaqGM (2020-04-06) in USD $0.88
Germany Auto Components Industry PB Ratio Median Figure of 13 Publicly-Listed Auto Components Companies 0.69x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:02Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:CXDC Share Price ÷ Book Value per Share (both in USD)

= 0.88 ÷ 13.29

0.07x

* Primary Listing of China XD Plastics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China XD Plastics is good value based on assets compared to the DE Auto Components industry average.
X
Value checks
We assess China XD Plastics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. China XD Plastics has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is China XD Plastics expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China XD Plastics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
48.7%
Expected Auto Components industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China XD Plastics expected to grow at an attractive rate?
  • Unable to compare China XD Plastics's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China XD Plastics's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare China XD Plastics's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:02Y Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 48.7%
Germany Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:02Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:02Y Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 1,488 -237 62
2019-06-30 1,412 2 56
2019-03-31 1,266 100 46
2018-12-31 1,275 61 52
2018-09-30 1,353 96 27
2018-06-30 1,367 112 30
2018-03-31 1,363 202 31
2017-12-31 1,290 126 24
2017-09-30 1,240 375 67
2017-06-30 1,261 345 71
2017-03-31 1,224 62 75
2016-12-31 1,202 84 76

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China XD Plastics is high growth as no earnings estimate data is available.
  • Unable to determine if China XD Plastics is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:02Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China XD Plastics Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:02Y Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 1.22
2019-06-30 1.10
2019-03-31 0.90
2018-12-31 1.03
2018-09-30 0.53
2018-06-30 0.61
2018-03-31 0.62
2017-12-31 0.48
2017-09-30 1.35
2017-06-30 1.44
2017-03-31 1.52
2016-12-31 1.54

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if China XD Plastics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether China XD Plastics is trading at China XD Plastics'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. China XD Plastics's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Automobiles companies here
  3. China XD Plastics's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess China XD Plastics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China XD Plastics has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has China XD Plastics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China XD Plastics's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China XD Plastics's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • China XD Plastics's 1-year earnings growth exceeds its 5-year average (133.2% vs -17.1%)
  • China XD Plastics's earnings growth has exceeded the DE Auto Components industry average in the past year (133.2% vs -29.1%).
Earnings and Revenue History
China XD Plastics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China XD Plastics Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:02Y Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,487.52 61.90 32.85 66.42
2019-06-30 1,411.59 55.58 37.28 69.85
2019-03-31 1,265.85 45.68 46.18 65.59
2018-12-31 1,274.83 51.73 47.05 60.58
2018-09-30 1,352.64 26.54 48.98 45.26
2018-06-30 1,366.83 30.31 49.39 31.78
2018-03-31 1,363.06 30.78 44.03 36.04
2017-12-31 1,290.45 23.80 41.67 36.84
2017-09-30 1,240.48 66.71 38.65 54.56
2017-06-30 1,260.90 71.20 36.10 52.57
2017-03-31 1,224.49 75.08 33.53 48.93
2016-12-31 1,201.68 76.14 31.31 47.99
2016-09-30 1,096.77 68.67 27.90 21.44
2016-06-30 1,004.02 58.05 25.32 19.40
2016-03-31 992.30 52.13 25.37 20.16
2015-12-31 999.19 62.61 25.27 21.06
2015-09-30 1,033.59 69.30 25.51 20.67
2015-06-30 1,110.24 97.04 24.98 19.92
2015-03-31 1,109.03 92.83 22.64 26.62
2014-12-31 1,110.69 90.20 21.29 29.43
2014-09-30 1,188.10 105.98 19.70 32.40
2014-06-30 1,165.49 104.19 18.69 32.46
2014-03-31 1,103.43 104.85 16.90 24.88
2013-12-31 1,050.82 99.26 16.53 21.26
2013-09-30 834.87 52.10 13.51 24.98
2013-06-30 705.10 46.91 11.97 25.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • China XD Plastics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • China XD Plastics used its assets more efficiently than the DE Auto Components industry average last year based on Return on Assets.
  • China XD Plastics's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess China XD Plastics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China XD Plastics has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is China XD Plastics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China XD Plastics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China XD Plastics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China XD Plastics's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China XD Plastics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China XD Plastics Company Filings, last reported 6 months ago.

DB:02Y Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 889.82 896.04 10.51
2019-06-30 895.54 931.09 194.76
2019-03-31 872.15 911.49 78.89
2018-12-31 846.49 859.84 41.30
2018-09-30 830.77 833.63 58.81
2018-06-30 849.66 843.38 186.07
2018-03-31 859.20 819.58 394.32
2017-12-31 810.35 889.61 478.42
2017-09-30 817.96 838.59 390.60
2017-06-30 787.82 837.77 439.54
2017-03-31 745.77 825.63 135.53
2016-12-31 731.84 694.28 352.89
2016-09-30 722.71 721.30 230.58
2016-06-30 707.29 503.83 340.43
2016-03-31 692.13 574.74 343.93
2015-12-31 675.62 537.46 357.56
2015-09-30 663.99 528.49 243.44
2015-06-30 673.45 496.63 284.48
2015-03-31 648.46 515.23 300.41
2014-12-31 622.96 418.38 283.99
2014-09-30 590.43 452.99 285.10
2014-06-30 540.04 494.95 508.93
2014-03-31 518.14 417.21 494.56
2013-12-31 509.92 314.68 376.89
2013-09-30 445.36 260.25 274.81
2013-06-30 402.43 245.23 241.17
  • China XD Plastics's level of debt (100.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (76.6% vs 100.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess China XD Plastics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China XD Plastics has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is China XD Plastics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from China XD Plastics dividends.
If you bought €2,000 of China XD Plastics shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate China XD Plastics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China XD Plastics's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:02Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 6.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as China XD Plastics has not reported any payouts.
  • Unable to verify if China XD Plastics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China XD Plastics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China XD Plastics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess China XD Plastics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China XD Plastics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China XD Plastics has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of China XD Plastics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jie Han
COMPENSATION $544,300
AGE 54
TENURE AS CEO 12.3 years
CEO Bio

Mr. Jie Han has been the Chief Executive Officer and President of China XD Plastics Company Ltd. since January 2008. Mr. Han served as the Chief Financial Officer and Chief Executive Officer of NB Telecom, Inc. He served as Principal Accounting Officer of China XD Plastics Company Ltd. He co-founded Xinda in 2004. He served as Chief Financial Officer of China XD Plastics Company Ltd. until May 2009. Prior to organizing Xinda High-tech, which was founded in 2003, Mr. Han was associated with the Harbin Xinda Nylon Factory, which he founded in 1985. He has 24 years of experiences in the industry. He is an Expert in the management and financial works dealing with the manufacture and distribution of modified plastic products. He was the Chairman of Harbin Xinda Macromolecule Material Co. He serves as the Chairman of China XD Plastics Company Ltd. and has been its Director since December 31, 2008. Mr. Han serves as an Executive Director of China Plastic Processing Industry Association and also a Director of the Heilongjiang Industry and Commerce Association. He served as Director of NB Telecom, Inc., since December 2008. He serves as a Deputy to the Harbin Municipal People's Congress. Mr. Han received a business management degree from the Heilongjiang Provincial Party School.

CEO Compensation
  • Jie's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jie's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the China XD Plastics management team in years:

11.6
Average Tenure
44
Average Age
  • The average tenure for the China XD Plastics management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jie Han

TITLE
Chairman
COMPENSATION
$544K
AGE
54
TENURE
12.3 yrs

Taylor Dahe

TITLE
CFO, Secretary & Director
COMPENSATION
$218K
AGE
41
TENURE
10.9 yrs

Qingwei Ma

TITLE
Chief Operating Officer
COMPENSATION
$318K
AGE
45
TENURE
12.3 yrs

Junjie Ma

TITLE
CTO & Head of Research Institute
COMPENSATION
$109K
AGE
44
TENURE
10.9 yrs

Kenan Gong

TITLE
Director of Investor Relations
COMPENSATION
$144K
AGE
41

Shaojie Wen

TITLE
IR Contact of New York
Board of Directors Tenure

Average tenure and age of the China XD Plastics board of directors in years:

8.3
Average Tenure
55
Average Age
  • The tenure for the China XD Plastics board of directors is about average.
Board of Directors

Taylor Dahe

TITLE
CFO, Secretary & Director
COMPENSATION
$218K
AGE
41
TENURE
10.9 yrs

Linyuan Zhai

TITLE
Independent Director
COMPENSATION
$9K
AGE
70
TENURE
10.9 yrs

Jie Han

TITLE
Chairman
COMPENSATION
$544K
AGE
54

Huiyi Chen

TITLE
Independent Director
AGE
59
TENURE
0.3 yrs

Guanbao Huang

TITLE
Independent Director
AGE
56
TENURE
0.3 yrs

Homer Sun

TITLE
Independent Director
AGE
48
TENURE
8.3 yrs

Chao Bi

TITLE
Member of Scientific Advisory Board

Xigao Jian

TITLE
Member of Scientific Advisory Board

Jian Yu

TITLE
Member of Scientific Advisory Board

Yan Jin

TITLE
Member of Scientific Advisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Dec 19 Buy Jie Han Individual 11. Dec 19 11. Dec 19 554,923 €1.85 €1,024,812
12. Dec 19 Sell Zhang Dahe Individual 11. Dec 19 11. Dec 19 -93,660 €1.85 €-172,968
12. Dec 19 Sell Junjie Ma Individual 11. Dec 19 11. Dec 19 -78,180 €1.85 €-144,380
12. Dec 19 Sell Qingwei Ma Individual 11. Dec 19 11. Dec 19 -91,660 €1.85 €-169,274
X
Management checks
We assess China XD Plastics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China XD Plastics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the People’s Republic of China the United Arab Emirates, and internationally. Its modified plastics are used to fabricate various auto components, including exteriors consisting of automobile bumpers, rearview and sideview mirrors, and license plate parts; interiors, such as door panels, dashboards, steering wheels, glove compartments, and safety belt components; and functional components comprising air conditioner casings, heating and ventilation casings, engine covers, and air ducts. The company also offers engineered plastics and environment-friendly plastics for use in oilfield equipment, mining equipment, vessel propulsion systems, and power station equipment. Its products are also used in high-speed railways, airplanes, and ships. The company sells its products through distributors, as well as directly to end customers. China XD Plastics Company Limited was founded in 1985 and is based in Harbin, the People’s Republic of China.

Details
Name: China XD Plastics Company Limited
02Y
Exchange: DB
Founded: 1985
$54,614,500
66,948,841
Website: http://www.chinaxd.net
Address: China XD Plastics Company Limited
No. 9 Dalian North Road,
Haping Road Centralized Industrial Park,
Harbin,
Heilongjiang Province, 150060,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM CXDC Common Stock Nasdaq Global Market US USD 26. Dec 2008
DB 02Y Common Stock Deutsche Boerse AG DE EUR 26. Dec 2008
Number of employees
Current staff
Staff numbers
1,145
China XD Plastics employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 22:51
End of day share price update: 2020/04/06 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.