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Bitauto Holdings

NYSE:BITA
Snowflake Description

Reasonable growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BITA
NYSE
$1B
Market Cap
  1. Home
  2. US
  3. Media
Company description

Bitauto Holdings Limited, through its subsidiaries, provides Internet content and marketing services, and transaction services for the automobile industry in the People’s Republic of China. The last earnings update was 10 days ago. More info.


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BITA Share Price and Events
7 Day Returns
-0.3%
NYSE:BITA
-0.6%
US Interactive Media and Services
-1.4%
US Market
1 Year Returns
-22.3%
NYSE:BITA
22.8%
US Interactive Media and Services
14.5%
US Market
BITA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bitauto Holdings (BITA) -0.3% -2.9% 14.3% -22.3% -25.1% -78.6%
US Interactive Media and Services -0.6% 1.9% 5.6% 22.8% 53.8% 111.2%
US Market -1.4% 1.3% 4.6% 14.5% 35.7% 48.6%
1 Year Return vs Industry and Market
  • BITA underperformed the Interactive Media and Services industry which returned 22.8% over the past year.
  • BITA underperformed the Market in United States of America which returned 14.5% over the past year.
Price Volatility
BITA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Bitauto Holdings 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 Bitauto Holdings. This is due to cash flow or dividend data being unavailable. The share price is $14.82.
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 Bitauto Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bitauto Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:BITA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CNY CN¥-9.37
NYSE:BITA Share Price ** NYSE (2019-12-05) in USD $14.82
NYSE:BITA Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.05 CN¥104.48
United States of America Interactive Media and Services Industry PE Ratio Median Figure of 26 Publicly-Listed Interactive Media and Services Companies 23.63x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.23x

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

** Primary Listing of Bitauto Holdings.

NYSE:BITA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:BITA Share Price ÷ EPS (both in CNY)

= 104.48 ÷ -9.37

-11.15x

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

  • Bitauto Holdings is loss making, we can't compare its value to the US Interactive Media and Services industry average.
  • Bitauto Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Bitauto Holdings's expected growth come at a high price?
Raw Data
NYSE:BITA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
77.4%per year
United States of America Interactive Media and Services Industry PEG Ratio Median Figure of 23 Publicly-Listed Interactive Media and Services Companies 1.32x
United States of America Market PEG Ratio Median Figure of 2,045 Publicly-Listed Companies 1.45x

*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 Bitauto Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bitauto Holdings's assets?
Raw Data
NYSE:BITA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CNY CN¥285.16
NYSE:BITA Share Price * NYSE (2019-12-05) in USD $14.82
NYSE:BITA Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.05 CN¥104.48
United States of America Interactive Media and Services Industry PB Ratio Median Figure of 61 Publicly-Listed Interactive Media and Services Companies 2.76x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.77x
NYSE:BITA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:BITA Share Price ÷ Book Value per Share (both in CNY)

= 104.48 ÷ 285.16

0.37x

* Primary Listing of Bitauto Holdings.

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

  • Bitauto Holdings is good value based on assets compared to the US Interactive Media and Services industry average.
X
Value checks
We assess Bitauto Holdings'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 Interactive Media and Services 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 Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Bitauto Holdings has a total score of 1/6, 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 Bitauto Holdings expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

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
77.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bitauto Holdings expected to grow at an attractive rate?
  • Bitauto Holdings's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Bitauto Holdings's earnings growth is expected to exceed the United States of America market average.
  • Bitauto Holdings's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:BITA Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:BITA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 77.4%
NYSE:BITA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 8.2%
United States of America Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 18%
United States of America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 15.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*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
NYSE:BITA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:BITA Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31
2021-12-31 12,985 3,134 18 5
2020-12-31 12,098 1,800 -124 8
2019-12-31 10,989 1,363 -243 6
2019-12-06
NYSE:BITA Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-09-30 11,187 -666
2019-06-30 11,370 -528
2019-03-31 11,143 -380
2018-12-31 10,580 678 -580
2018-09-30 10,150 -907
2018-06-30 9,771 -1,499
2018-03-31 9,377 -1,664
2017-12-31 8,751 928 -1,614
2017-09-30 7,834 -1,181
2017-06-30 7,002 -635
2017-03-31 6,223 -521
2016-12-31 5,773 527 -541

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bitauto Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Bitauto Holdings's revenue is expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).
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
NYSE:BITA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Bitauto Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:BITA Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 6.16 13.45 -1.13 2.00
2020-12-31 -2.41 -1.80 -3.01 2.00
2019-12-31 -4.24 -3.03 -5.44 2.00
2019-12-06
NYSE:BITA Past Financials Data
Date (Data in CNY Millions) EPS *
2019-09-30 -9.37
2019-06-30 -7.44
2019-03-31 -5.35
2018-12-31 -8.13
2018-09-30 -12.71
2018-06-30 -21.07
2018-03-31 -23.53
2017-12-31 -23.01
2017-09-30 -17.02
2017-06-30 -9.20
2017-03-31 -7.75
2016-12-31 -8.31

*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.
  • Bitauto Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Bitauto Holdings'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Bitauto Holdings has a total score of 4/6, 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 Bitauto Holdings 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 Bitauto Holdings's growth in the last year to its industry (Interactive Media and Services).
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.
  • Bitauto Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Bitauto Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bitauto Holdings's 1-year growth to the US Interactive Media and Services industry average as it is not currently profitable.
Earnings and Revenue History
Bitauto Holdings'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 Bitauto Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:BITA Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 11,186.61 -666.10 6,714.43 585.51
2019-06-30 11,370.50 -528.14 6,601.52 590.51
2019-03-31 11,143.23 -379.97 6,362.81 611.12
2018-12-31 10,579.61 -580.02 6,370.72 611.11
2018-09-30 10,150.37 -907.09 6,516.78 640.81
2018-06-30 9,770.65 -1,499.32 6,784.24 642.71
2018-03-31 9,376.96 -1,664.24 6,648.28 609.30
2017-12-31 8,751.26 -1,614.05 6,059.05 565.70
2017-09-30 7,833.76 -1,181.33 4,995.70 552.15
2017-06-30 7,002.26 -635.36 4,097.26 503.91
2017-03-31 6,223.04 -521.50 3,620.28 475.90
2016-12-31 5,772.95 -541.35 3,417.81 457.37
2016-09-30 5,420.60 -623.78 3,306.06 396.66
2016-06-30 4,740.49 -583.03 3,092.66 374.59
2016-03-31 4,609.09 -704.67 2,996.40 349.96
2015-12-31 4,254.20 -506.99 2,733.41 312.10
2015-09-30 3,808.94 4.27 2,241.84 274.14
2015-06-30 3,290.01 268.32 1,816.09 226.04
2015-03-31 2,845.95 508.72 1,425.82 181.00
2014-12-31 2,617.84 485.64 1,259.64 148.08
2014-09-30 1,967.34 432.51 996.58 133.24
2014-06-30 1,737.60 318.52 881.56 122.47
2014-03-31 1,553.29 258.45 807.85 113.06
2013-12-31 1,439.33 241.23 748.87 104.41
2013-09-30 1,310.60 209.72 681.88 86.09
2013-06-30 1,208.79 168.81 644.16 74.26
2013-03-31 1,118.43 139.18 594.39 64.78
2012-12-31 1,056.91 135.16 557.36 53.79

*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.
  • It is difficult to establish if Bitauto Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Bitauto Holdings has efficiently used its assets last year compared to the US Interactive Media and Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Bitauto Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bitauto Holdings'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 Interactive Media and Services 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.
Bitauto Holdings has a total score of 0/6, 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 Bitauto Holdings'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 Bitauto Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bitauto Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bitauto Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bitauto Holdings'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.3x 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 Bitauto Holdings Company Filings, last reported 2 months ago.

NYSE:BITA Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 20,707.98 26,378.15 6,402.07
2019-06-30 20,643.36 27,678.10 3,741.54
2019-03-31 20,536.01 28,675.27 5,757.36
2018-12-31 20,308.44 31,461.18 4,812.48
2018-09-30 20,392.50 32,086.03 5,280.49
2018-06-30 20,096.18 29,215.17 5,503.13
2018-03-31 19,922.69 32,620.31 9,161.59
2017-12-31 20,237.67 25,802.99 9,643.61
2017-09-30 14,616.12 25,743.07 3,466.09
2017-06-30 14,717.20 20,370.41 2,664.53
2017-03-31 13,749.29 18,148.67 4,272.51
2016-12-31 13,761.71 12,608.78 2,053.83
2016-09-30 12,970.78 1,922.90 1,784.05
2016-06-30 11,302.28 719.34 2,304.92
2016-03-31 10,211.53 0.00 3,374.73
2015-12-31 10,322.29 361.08 3,122.57
2015-09-30 8,813.23 0.00 3,539.30
2015-06-30 8,645.75 0.00 4,897.17
2015-03-31 5,515.35 0.00 5,806.44
2014-12-31 2,160.91 0.00 1,309.67
2014-09-30 1,922.35 0.00 1,017.84
2014-06-30 1,664.49 0.00 1,106.01
2014-03-31 1,526.96 0.00 1,060.76
2013-12-31 1,475.85 0.00 1,108.15
2013-09-30 1,141.02 0.00 636.08
2013-06-30 1,067.73 0.00 523.85
2013-03-31 1,012.89 0.00 539.66
2012-12-31 987.80 0.00 617.09
  • Bitauto Holdings's level of debt (127.4%) compared to net worth is high (greater than 40%).
  • Unable to establish if Bitauto Holdings's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (2.6%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Bitauto Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Bitauto Holdings'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. Bitauto Holdings 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 Bitauto Holdings'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 Bitauto Holdings dividends. Estimated to be 0% next year.
If you bought $2,000 of Bitauto Holdings 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 Bitauto Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bitauto Holdings'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
NYSE:BITA 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 8 Analyst Estimates (S&P Global) See Below
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 0.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1958 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

NYSE:BITA Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 4.00
2020-12-31 0.00 4.00
2019-12-31 0.00 4.00
2019-12-06

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

  • Unable to perform a dividend volatility check as Bitauto Holdings has not reported any payouts.
  • Unable to verify if Bitauto Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bitauto Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bitauto Holdings has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Bitauto Holdings's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Bitauto Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Bitauto Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bitauto Holdings 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 Bitauto Holdings'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
Andy Zhang
COMPENSATION CN¥0
AGE 43
TENURE AS CEO 1.9 years
CEO Bio

Mr. Xuan Zhang, also known as Andy, has been the Chief Executive Officer of Bitauto Holdings Limited since January 12, 2018. Mr. Zhang has also served as Chief Executive Officer, Executive Director and Chairman of Yixin since November 2014. Mr. Zhang was President of Bitauto Holdings Limited since August 2016 until January 2018 and served as its Chief Financial Officer from 2009 to September 19, 2016 and served as its Chief Operating Officer since August 14, 2015 until August 16, 2016. Mr. Zhang served Vice President of Finance at Bitauto Holdings Limited from 2006 to 2009. Mr. Zhang has over 10 years of operational and managerial experiences with both multinational companies and local Chinese companies. Prior to 2006, Mr. Zhang co-founded a consulting firm that provided professional marketing, finance and HR services to local Fortune 500 companies and multinationals in China. He also was a manager of both Ernst & Young LLP and PricewaterhouseCoopers LLP from 2000 to 2004. He has been a Director of Bitauto Holdings Limited since March 1, 2017. He received both of his Bachelor’s degree in Finance and Accounting from New York University. Mr. Zhang is a Certified Public Accountant in the state of New York.

CEO Compensation
  • Insufficient data for Andy to compare compensation growth.
  • Insufficient data for Andy to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Bitauto Holdings management team in years:

1.8
Average Tenure
42
Average Age
  • The average tenure for the Bitauto Holdings management team is less than 2 years, this suggests a new team.
Management Team

William Li

TITLE
Founder & Chairman
AGE
45

Andy Zhang

TITLE
CEO & Director
AGE
43
TENURE
1.9 yrs

Ming Xu

TITLE
Chief Financial Officer
TENURE
1.5 yrs

Liu Xiaoke

TITLE
Chief Operating Officer
AGE
38
TENURE
1.8 yrs

Xiangzhi Kong

TITLE
Chief Strategy Officer
AGE
41
TENURE
1.8 yrs

Jinsong Zhu

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Bitauto Holdings board of directors in years:

9.9
Average Tenure
50
Average Age
  • The tenure for the Bitauto Holdings board of directors is about average.
Board of Directors

William Li

TITLE
Founder & Chairman
AGE
45
TENURE
14.9 yrs

Andy Zhang

TITLE
CEO & Director
AGE
43
TENURE
2.8 yrs

Erhai Liu

TITLE
Independent Director
AGE
50
TENURE
14.9 yrs

Annabelle Long

TITLE
Independent Director
AGE
46
TENURE
11.9 yrs

Sidney Huang

TITLE
Director
AGE
54
TENURE
9.9 yrs

Hou Jun

TITLE
Independent Director
AGE
55
TENURE
4.8 yrs

Rob Huting

TITLE
Director
AGE
51
TENURE
1.9 yrs
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 ($) Value ($)
X
Management checks
We assess Bitauto Holdings'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. Bitauto Holdings 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

Some Bitauto Holdings (NYSE:BITA) Shareholders Have Taken A Painful 86% Share Price Drop

Anyone who held Bitauto Holdings Limited (NYSE:BITA) for five years would be nursing their metaphorical wounds since the share price dropped 86% in that time. … View our latest analysis for Bitauto Holdings Because Bitauto Holdings is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … A Different Perspective Bitauto Holdings shareholders are down 45% for the year, but the market itself is up 1.0%.

Simply Wall St -

Is Bitauto Holdings (NYSE:BITA) Using Too Much Debt?

You can click the graphic below for the historical numbers, but it shows that Bitauto Holdings had CN¥28.7b of debt in March 2019, down from CN¥32.6b, one year before On the flip side, it has CN¥5.76b in cash leading to net debt of about CN¥22.9b. … The latest balance sheet data shows that Bitauto Holdings had liabilities of CN¥28.9b due within a year, and liabilities of CN¥8.38b falling due after that. … Since Bitauto Holdings does have net debt, we think it is worthwhile for shareholders to keep an eye on the balance sheet, over time.

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Is Bitauto Holdings Limited (NYSE:BITA) A Volatile Stock?

Anyone researching Bitauto Holdings Limited (NYSE:BITA) might want to consider the historical volatility of the share price. … This is reasonably close to the market beta of 1, so the stock has in the past displayed similar levels of volatility to the overall market. … If the future looks like the past, we could therefore consider it likely that the stock price will experience share price volatility that is roughly similar to the overall market.

Simply Wall St -

Introducing Bitauto Holdings (NYSE:BITA), The Stock That Slid 59% In The Last Five Years

For example the Bitauto Holdings Limited (NYSE:BITA) share price dropped 59% over five years. … Bitauto Holdings isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Over five years, Bitauto Holdings grew its revenue at 36% per year.

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How Does Bitauto Holdings Limited (NYSE:BITA) Affect Your Portfolio Volatility?

If you're interested in Bitauto Holdings Limited (NYSE:BITA), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

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Is Bitauto Holdings Limited's (NYSE:BITA) Balance Sheet A Threat To Its Future?

While small-cap stocks, such as Bitauto Holdings Limited (NYSE:BITA) with its market cap of US$1.5b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.

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Breakeven On The Horizon For Bitauto Holdings Limited (NYSE:BITA)

Bitauto Holdings Limited's (NYSE:BITA):. … Bitauto Holdings Limited, through its subsidiaries, provides Internet content and marketing services, and transaction services for the automobile industry in the People’s Republic of China. … Check out our latest analysis for Bitauto Holdings

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What Do Bitauto Holdings Limited (NYSE:BITA) Insiders Know That You Don't?

Bitauto Holdings Limited, through its subsidiaries, provides Internet content and marketing services, and transaction services for the automobile industry in the People’s Republic of China. … Bitauto Holdings's insiders have invested. … A well-known argument is that insiders investing more in their own companies’ shares sends an optimistic signal

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What Investors Should Know About Bitauto Holdings Limited's (NYSE:BITA) Financial Strength

Bitauto Holdings Limited (NYSE:BITA) is a small-cap stock with a market capitalization of US$1.73b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Companies operating in the Internet industry,

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Calculating The Intrinsic Value Of Bitauto Holdings Limited (NYSE:BITA)

In this article I am going to calculate the intrinsic value of Bitauto Holdings Limited (NYSE:BITA). … by taking the expected future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Company Info

Description

Bitauto Holdings Limited, through its subsidiaries, provides Internet content and marketing services, and transaction services for the automobile industry in the People’s Republic of China. It operates in three segments: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business. The Advertising and Subscription Business segment offers advertising services, including automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com Website. It also provides transaction-focused online advertisement and promotional services for automakers, automobile dealers, auto finance partners, and insurance companies; and Web-based and mobile-based integrated digital marketing solutions to automobile dealers. The Transaction Services Business segment operates an online automobile finance and transaction platform, which provides transaction platform and self-operated financing services. The Digital Marketing Solutions Business segment offers one-stop digital marketing solutions, including Website creation and maintenance, online public relation, online marketing campaign, advertising agency, big data application, and digital image creation services for automakers. The company also distributes its dealer customers' automobile pricing and promotional information through its Internet service provider partners. Bitauto Holdings Limited was founded in 2000 and is headquartered in Beijing, the People’s Republic of China.

Details
Name: Bitauto Holdings Limited
BITA
Exchange: NYSE
Founded: 2000
$1,032,150,332
70,166,576
Website: http://www.bitauto.com
Address: Bitauto Holdings Limited
New Century Hotel Office Tower,
10th Floor,
Beijing,
100044,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE BITA SPON ADS EACH REPR 1 ORD SHS New York Stock Exchange US USD 17. Nov 2010
DB BT6 SPON ADS EACH REPR 1 ORD SHS Deutsche Boerse AG DE EUR 17. Nov 2010
BMV BITA N SPON ADS EACH REPR 1 ORD SHS Bolsa Mexicana de Valores MX MXN 17. Nov 2010
Number of employees
Current staff
Staff numbers
8,061
Bitauto Holdings employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/06 00:22
End of day share price update: 2019/12/05 00:00
Last estimates confirmation: 2019/12/02
Last earnings filing: 2019/11/26
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.