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1728.HK — HKEX Auto Vehicles, Parts & Service Retailers

China ZhengTong Auto Services Holdings Ltd

HK$0,14
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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
-8,6 %
ROE
1 064,2 %
Net margin
-13,8 %
Debt / equity
-71,85
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

China ZhengTong Auto Services Holdings Ltd provides automotive services and retail solutions in China, including vehicle sales, after-sales services, and related financial products.

Business. China ZhengTong Auto Services Holdings Ltd (1728.HK) is a retailer operating within the Auto Vehicles, Parts & Service Retailers industry. The company is listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments and geographic presence are not provided in the available data.

Classification92 %
SectorConsumer Cyclicals
Business sectorRetailers
IndustryAuto Vehicles, Parts & Service Retailers
ActivityRetailers
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target—

Analyst recommendations

1 analysts · consensus Buy
Buy1
Hold0
Sell0
12-month price target
—
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
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not yet scored
Valuation
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valuation pending
Analysts→
Buy
1 analysts · indicative
Ownership
—
not yet wired
Profitability→
1 064,2 %
return on equity
Quality
—
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 1728.

    • 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 1728.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

    China ZhengTong Auto Services Holdings Ltd (1728.HK) is a retailer operating within the Auto Vehicles, Parts & Service Retailers industry. The company is listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments and geographic presence are not provided in the available data.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorRetailers
    IndustryAuto Vehicles, Parts & Service Retailers
    ActivityRetailers
    AI synthesis
    GENERATED

    China ZhengTong Auto Services Holdings Ltd operates with a negative equity position of CNY -242.78 million, indicating a significant financial leverage burden. The company's liquidity position is weak, with a current ratio of 0.67 and cash and equivalents of CNY 844.01 million, which is insufficient to cover its total liabilities of CNY 25.54 billion. The debt-to-equity ratio is -71.85, reflecting a high reliance on debt financing and a negative equity base.

    Profitability metrics are concerning, with a net loss of CNY 2.58 billion and an operating loss of CNY 1.61 billion in the latest reporting period. The return on assets is negative at -0.1021, and the return on equity is 10.6424, which is misleading due to the negative equity base. These figures suggest the company is not generating sufficient returns to cover its costs or debt obligations.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic downturns and regulatory changes in China. The absence of segment-specific data limits the ability to assess the performance of individual business lines.

    Looking ahead, the company is expected to face continued financial pressure. The latest financial data shows a significant decline in profitability, and there are no indications of a turnaround in the near term. The negative net income and operating income suggest that the company may struggle to meet its financial obligations without external support or restructuring.

    The company's risk profile is elevated, with a medium liquidity risk and a negative net cash position after subtracting total debt. The risk assessment indicates a low dilution potential, but the company's financial instability could lead to further equity issuance or debt restructuring. The governance score of 74.83 is relatively high, but the social pillar score of 54.04 suggests room for improvement in social responsibility practices.

    Recent events, including the latest financial filing, highlight the company's financial distress. The absence of strong buy recommendations from analysts and the single buy recommendation indicate a cautious outlook among market participants. The company has not disclosed any significant recent events or strategic initiatives that could improve its financial position.

    Key takeaways
    • The company is operating with a negative equity position and a high debt-to-equity ratio, indicating significant financial leverage.
    • Profitability is negative, with a net loss of CNY 2.58 billion and an operating loss of CNY 1.61 billion.
    • The company lacks geographic and segment diversification, increasing its exposure to regional risks.
    • Analyst sentiment is cautious, with only one buy recommendation and no strong buy or hold ratings.
    • The company's liquidity position is weak, with a current ratio of 0.67 and insufficient cash to cover liabilities.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,14
    Market cap
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    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    -HK$242.8M
    Net cashⓘ
    -HK$16.60B
    Current ratioⓘ
    0.7
    Debt / equityⓘ
    -71.8
    ROAⓘ
    -10.2%
    ROEⓘ
    10.6%
    Cash conversionⓘ
    —
    CapEx / revenueⓘ
    —
    SBC / revenueⓘ
    —
    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

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy1
    Hold0
    Sell0
    Strong sell0

    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 riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-8,6 %Bottom quartile
    Net Margin-13,8 %Bottom quartile
    ROE1 064,2 %Best in class
    D/E-71,85Best in class

    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
    • China ZhengTong Auto Services Holdings Ltd Market data — financials · 2026-05-26
    • China ZhengTong Auto Services Holdings Ltd Market data — analyst estimates · 2026-05-26
    • China ZhengTong Auto Services Holdings Ltd Market data — ESG · 2026-05-26

    Ownership & reference

    Leadership

    • Hong ChenChief Executive Officer, Executive Director
    • Ming Cheng WangExecutive 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
    1728.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    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