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6928.HK — HKEX Auto, Truck & Motorcycle Parts

6928.Hk

HK$0,24
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Mcap
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P/E
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EV / Rev
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Div yield
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Op margin
-122,2 %
ROE
-27,2 %
Net margin
-122,3 %
Debt / equity
0,01
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

The company operates in the Auto, Truck & Motorcycle Parts industry, manufacturing and supplying components for the automotive sector.

Business. The company operates in the Auto, Truck & Motorcycle Parts industry, manufacturing and supplying components for the automotive sector.

Classification92 %
SectorConsumer Cyclicals
Business sectorAutomobiles & Auto Parts
IndustryAuto, Truck & Motorcycle Parts
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
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not yet wired
Ownership
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not yet wired
Profitability→
-27,2 %
return on equity
Quality
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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 6928.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 6928.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company operates in the Auto, Truck & Motorcycle Parts industry, manufacturing and supplying components for the automotive sector.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorAutomobiles & Auto Parts
    IndustryAuto, Truck & Motorcycle Parts
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a low debt-to-equity ratio of 0.01, indicating a conservative leverage position. It holds substantial liquidity with a current ratio of 4.26, supported by cash and equivalents of SGD 9.81 billion, which is a significant portion of its total assets of SGD 16.19 billion. This liquidity position is well above the typical industry norms for capital-intensive manufacturing firms.

    Profitability metrics show a challenging performance, with a negative return on equity of -27.15% and a return on assets of -22.92%. These figures indicate that the company is not generating returns for its shareholders or effectively utilizing its assets. The operating and net income are both negative, with losses of SGD 3.71 billion each, which is a significant deviation from the industry's median profitability metrics.

    The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no material geographic diversification reported. This concentration increases exposure to sector-specific risks and limits the ability to offset losses from one segment with gains in another.

    The company's growth trajectory is currently negative, with a significant decline in revenue and profitability. The outlook for the current fiscal year indicates continued challenges, with no clear signs of improvement in the near term. Historical revenue data shows a decline, and the company has not demonstrated a path to positive earnings or revenue growth.

    Risk factors include the company's negative operating and net income, which could lead to increased financial stress and potential liquidity issues. However, the company's low debt levels and high liquidity provide a buffer against immediate financial distress. There are no immediate filing-based liquidity or dilution flags, and the dilution potential is assessed as low.

    Recent events include the publication of the latest financial statements, which highlight the company's significant losses and liquidity position. No major regulatory or operational events have been disclosed in the recent filings, and there are no indications of significant changes in the company's strategic direction or operational performance.

    Key takeaways
    • The company has a strong liquidity position with a current ratio of 4.26 and cash and equivalents of SGD 9.81 billion.
    • The company is experiencing significant financial losses, with both operating and net income negative at SGD 3.71 billion.
    • The company's capital structure is conservative, with a low debt-to-equity ratio of 0.01.
    • The company's profitability metrics are poor, with a return on equity of -27.15% and a return on assets of -22.92%.
    • The company's revenue is concentrated in a single business segment, increasing exposure to sector-specific risks.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,24
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    HK$13.7M
    Net cashⓘ
    HK$9.7M
    Current ratioⓘ
    4.3
    Debt / equityⓘ
    0.0
    ROAⓘ
    -22.9%
    ROEⓘ
    -27.2%
    Cash conversionⓘ
    —
    CapEx / revenueⓘ
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    SBC / revenueⓘ
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    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-122,2 %Bottom quartile
    Net Margin-122,3 %Bottom quartile
    ROE-27,2 %Bottom quartile
    D/E0,01Above P75

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Assets
      net_income / total_assets
    Source documents
    • 6928.HK Market data — financials · 2026-05-27

    Ownership & reference

    Leadership

    • Yongde LuExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    6928.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage