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China Grand Automotive Services Grp CoLd

600297.SS

Latest Trade

4.07CNY

Change

--(--)

Today's Range

--

 - 

--

52 Week Range

3.57

 - 

6.75

As of on the Shanghai Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
4.07
Open
--
Volume
--
3M AVG Volume
240.57
Today's High
--
Today's Low
--
52 Week High
6.75
52 Week Low
3.57
Shares Out (MIL)
8,159.98
Market Cap (MIL)
33,211.12
Forward P/E
9.14
Dividend (Yield %)
0.37

Latest Developments

More

China Grand Automotive Services' H1 Net Profit Down 28.4% Y/Y

Regulator Fines, Warns China Grand Automotive Services Group's Unit For False Documents And Financial Data

China Grand Automotive Services' 2018 Net Profit Down, Plans Convertible Bonds Issue

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About China Grand Automotive Services Grp CoLd

China Grand Automotive Services Group Co., Ltd., formerly China Grand Automotive Services Co., Ltd., is a China-based company that engaged in the distribution of passenger cars, and in the provision of financial lease and integrated services to passenger cars. The Company mainly operated business through vehicle sales, passenger car financial lease, maintenance and commission agency services. Passenger Car Distribution and Service segment includes vehicle sales and after-sales services, such as maintenance, automobile maintenance and spare parts sales. Automobile Financial Lease segment is involved in leasing the designated car to the customers and sell the vehicle to customers at the symbolic price after the expiration of the term of the lease by leasing companies with the qualification of automobile financial lease. The Company has more than 500 stores in 25 provinces, autonomous regions and municipalities in China and distributes passenger cars under nearly 50 brands.

Industry

Auto & Truck Manufacturers

Contact Info

No. 3998 Hongxin Road, Minhang District

+86.21.24032833

http://www.chinagrandauto.com/

Executive Leadership

Jianping Li

Chairman of the Board

Xinming Wang

President, Director

Ao Lu

Chief Financial Officer, Vice President

Yongqi Tang

Vice President, Director

Fujiang Ma

Vice President

Key Stats

2.10 mean rating - 10 analysts
Sell
Hold
Buy
Revenue (MM, CNY)

2016

135.4K

2017

160.7K

2018

166.2K

2019(E)

171.3K
EPS (CNY)

2016

0.392

2017

0.530

2018

0.390

2019(E)

0.438
Price To Earnings (TTM)
12.65
Price To Sales (TTM)
0.20
Price To Book (MRQ)
0.89
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
206.53
LT Debt To Equity (MRQ)
44.34
Return on Investment (TTM)
5.94
Return on Equity (TTM)
2.52

Latest News

BRIEF-China Grand Automotive Services Gets Approval To Issue Commercial Paper, Medium-Term Notes

* SAYS IT GETS APPROVAL TO ISSUE 9.0 BILLION YUAN ($1.42 billion) COMMERCIAL PAPER, 2.0 BILLION YUAN MEDIUM-TERM NOTES Source text in Chinese: http://bit.ly/2FoRCqI; http://bit.ly/2D0k38Q Further company coverage: ($1 = 6.3410 Chinese yuan renminbi) (Reporting by Hong Kong...

BRIEF-China Grand Automotive Services' Unit Plans To Buy Stake In Investment JV For 686.2 Mln Yuan

* SAYS UNIT PLANS TO BUY 23.7 PERCENT STAKE IN INVESTMENT JV FOR 686.2 MILLION YUAN ($108.37 million) Source text in Chinese: http://bit.ly/2F01yqg Further company coverage: ($1 = 6.3318 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-China Grand Automotive Services Expects 2017 Net Profit To Rise 35-45 Pct Y/Y

* SAYS IT EXPECTS 2017 NET PROFIT TO RISE 35-45 PERCENT Y/Y FROM 2.8 BILLION YUAN ($442.55 million) YEAR AGO Source text in Chinese: http://bit.ly/2FpKqqJ Further company coverage: ($1 = 6.3270 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

Fitch: China Grand Auto's Equity Placement Rating Neutral

(The following statement was released by the rating agency) HONG KONG, December 20 (Fitch) China Grand Automotive Services Co., Ltd (BB-/Stable) may accelerate M&A and leasing business expansion following its December 2017 equity placement, says Fitch Ratings. China Grand...

BRIEF-China Grand Automotive Services issues 993.8 mln shares and raises 8 bln yuan via private placement

* Says it issued 993.8 million shares and raised 8 billion yuan via private placement

BRIEF-China Grand Automotive Services' unit plans to buy stake in investment fund for 396.8 mln yuan

* Says unit plans to buy 13.8 percent stake in investment fund for 396.8 million yuan ($59.73 million)

BRIEF-China Grand Automotive Services' 9-month net profit up 45.1 pct y/y

China Grand Automotive Services Co Ltd * Says 9-month net profit up 45.1 percent y/y Source text in Chinese: http://bit.ly/2yNyLlS Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-China Grand Automotive Services' unit Baoxin Auto Finance I Ltd to issue USD-denominated bonds

* Says unit Baoxin Auto Finance I plans to issue dollar-denominated senior bonds

BRIEF-China Grand Automotive Services' prelim 9-month profit up 45.1 pct y/y

* Says preliminary 9-month net profit up 45.1 percent y/y at 2.9 billion yuan ($440.13 million)

BRIEF-China Grand Automotive Services unit issues 2017 second tranche corporate bonds worth 945 mln yuan

* Says co's wholly owned automotive services unit issued 2017 second tranche corporate bonds worth 945 million yuan, with term of 3 years and coupon rate of 7.48 percent

BRIEF-China Grand Automotive Services' unit gets approval to issue 1 bln yuan medium-term notes

* Says unit gets approval to issue 1.0 billion yuan ($151.80 million) medium-term notes

BRIEF-China Grand Automotive Services' H1 net profit up 45.1 pct y/y

* Says H1 net profit up 45.1 percent y/y at 2.0 billion yuan ($300.62 million)

BRIEF-China Grand Automotive Services expects H1 net profit to rise 42-47 pct y/y

* Says it expects H1 net profit to rise 42-47 percent y/y from 1.38 billion yuan ($203.94 million) year ago

BRIEF-China Grand Automotive Services issues 2017 1st tranche corporate bonds worth 1.17 bln yuan

* Says it issued 2017 1st tranche 3-year corporate bonds worth 1.17 billion yuan with coupon rate of 7.3 percent

BRIEF-China Grand Automotive's shareholder uses 520.0 mln shares as collateral

* Says its shareholder has used a total of 520.0 million shares, representing 7.27 percent of total issued share capital, as collateral

BRIEF-China Grand Automotive's unit to issue 6 bln yuan worth of commercial paper, medium term notes

* Says its unit gets approval to issue commercial paper worth 3 billion yuan ($441.31 million)

BRIEF-China Grand Automotive Services says dividend payment date

* Says it will pay a cash dividend of 0.2 yuan (before tax) per share and use additional paid-in capital to distribute 0.3 new shares for every share for 2016, to shareholders of record on June 7

BRIEF-China Grand Automotive Services affiliated company to change name to Grand Baoxin Auto Group

* Says its affiliated company Baoxin Auto Group Limited will change company name to Grand Baoxin Auto Group Limited

CORRECTED-BRIEF-China Grand Automotive Services sees Q1 net profit up 30-35 pct y/y

* Says it expects Q1 net profit to rise 30-35 percent y/y from 736 million yuan ($106.75 million) year ago

BRIEF-China Grand Automotive Services' unit plans to buy six firms

* Says unit plans to buy six automobile services firms for up to 900 million yuan ($131.04 million)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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