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China Zhengtong Auto Services Holdings (1728) AI Stock Analysis
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China Zhengtong Auto Services Holdings
(HKEX:1728)
The score is driven down primarily by very weak financial performance (renewed large losses, declining revenue, negative equity, and persistently negative free cash flow). Technicals are neutral-to-weak with a flat trend and volatility risk, while valuation is also pressured due to loss-making results and no dividend yield data.
China Zhengtong Auto Services Holdings (1728) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 101.16M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- -0.4
- Beta (1Y)
- 0.32
- Revenue Growth
- 1.77%
- EPS Growth
- 45.42%
- Country
- Hong Kong
- Employees
- 5,220
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Auto - Dealerships
China Zhengtong Auto Services Holdings Business Overview & Revenue Model
Company Description
Operating as an investment holding entity, China ZhengTong Auto Services Holdings Limited's core business revolves around its extensive 4S dealership network across the People's Republic of China. The company's diverse activities are organized into f...
How the Company Makes Money
The company primarily makes money through (1) new vehicle sales: revenue is generated from retailing passenger vehicles through its dealership network, typically earning a gross margin based on the difference between the selling price to customers an...
China Zhengtong Auto Services Holdings Financial Statement Overview
Summary
Financials are heavily stressed: profitability deteriorated sharply into deep operating and net losses in the latest periods, revenue is declining, and the balance sheet has moved to negative shareholder equity (2024–2025) alongside very high debt. Cash generation is weak, with operating cash flow turning negative most recently and free cash flow negative across all years shown, increasing reliance on external funding.
Income Statement
18Very NegativeBalance Sheet
9Very NegativeCash Flow
14Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.55B | 18.23B | 20.75B | 24.13B | 22.61B | 20.99B |
| Gross Profit | 165.52M | 90.92M | 779.07M | 1.01B | 1.59B | 1.24B |
| EBITDA | -451.67M | -635.34M | 355.20M | 982.32M | 900.12M | -178.45M |
| Net Income | -2.62B | -2.52B | -1.60B | -849.28M | -297.42M | -2.20B |
Balance Sheet | ||||||
| Total Assets | 25.31B | 25.31B | 29.22B | 29.51B | 27.73B | 26.13B |
| Cash, Cash Equivalents and Short-Term Investments | 4.61B | 4.61B | 631.09M | 871.20M | 837.65M | 745.20M |
| Total Debt | 21.27B | 21.27B | 21.31B | 21.04B | 20.02B | 18.14B |
| Total Liabilities | 27.55B | 27.55B | 28.15B | 28.23B | 27.51B | 25.59B |
| Stockholders Equity | -4.07B | -4.07B | -356.68M | 361.83M | 193.39M | 508.43M |
Cash Flow | ||||||
| Free Cash Flow | -672.82M | -1.17B | -347.73M | -1.09B | -712.02M | -486.33M |
| Operating Cash Flow | -339.61M | -847.96M | 31.09M | 36.79M | 158.79M | 155.63M |
| Investing Cash Flow | -143.22M | -182.58M | 202.72M | -793.48M | 1.30B | -345.83M |
| Financing Cash Flow | -1.36B | -809.49M | -406.15M | 767.08M | -936.38M | -90.45M |
China Zhengtong Auto Services Holdings Peers Comparison
Overall Rating
HK:126844Neutral- HK:172842Neutral
HK:244341Neutral
HK:383641Neutral
HK:366939Underperform
HK:088138Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:1268 | 44Neutral | HKD 390.41M | -1.58 | -11.37% | 13.54% | -17.65% | 92.47% |
| HK:1728 | 42Neutral | HKD 1.43B | -0.45 | 58.35% | ― | 1.77% | 45.42% |
| HK:2443 | 41Neutral | HKD 720.25M | -44.66 | -1.49% | ― | -41.33% | -148.34% |
| HK:3836 | 41Neutral | HKD 621.89M | -0.86 | -13.15% | ― | 31.42% | -181.28% |
| HK:3669 | 39Underperform | HKD 1.29B | -0.62 | -20.16% | 22.36% | -16.05% | 45.22% |
| HK:0881 | 38Underperform | HKD 5.28B | -1.73 | -5.77% | 30.61% | -5.03% | -198.49% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1728 | China Zhengtong Auto Services Holdings | 0.14 | 0.00 | 0.00% | |
| HK:3669 | China Yongda Automobiles Services Holdings Limited | 0.68 | -0.99 | -59.28% | |
| HK:1268 | China MeiDong Auto Holdings | 0.29 | -1.30 | -81.72% | |
| HK:3836 | China Harmony Auto Holding Limited | 0.42 | -0.83 | -66.27% | |
| HK:0881 | Zhongsheng Group Holdings Ltd. | 2.21 | -9.95 | -81.78% | |
| HK:2443 | Autostreets Development Limited | 0.86 | -2.97 | -77.47% |
China Zhengtong Auto Services Holdings Corporate Events
China ZhengTong Auto Presses Ahead With Restructuring as Share Suspension Continues
China ZhengTong Auto Services Holdings Limited operates 4S automobile dealerships, automotive supply chain services and a comprehensive properties business in mainland China. The group focuses on mid-to-high-end automotive brands and is accelerating...
China ZhengTong Auto Services Further Extends Deadline for Share Placing
China ZhengTong Auto Services Holdings Limited, a Cayman Islands-incorporated automotive services company listed in Hong Kong, operates in the vehicle services segment and uses equity placements as part of its financing strategy. The firm is overseen...
China ZhengTong Extends Deadline for New Share Placing
China ZhengTong Auto Services Holdings Limited has announced an extension of the long stop date for its planned placing of new shares under a specific mandate. The company and its sole placing agent have pushed the deadline from 31 August 2026 to 30...
China Zhengtong Auto Posts Deeper Loss, Moves to Raise Capital Amid Restructuring
China Zhengtong Auto Services reported significantly weaker interim results for the six months to 30 June 2026, as China’s car market shifted toward replacement demand and new energy vehicles, and the group faced falling new car volumes and mor...
China ZhengTong Warns of Wider Interim Loss Amid Auto Market Headwinds
China ZhengTong Auto Services Holdings Limited has warned that its net loss for the six months ended 30 June 2026 is expected to increase by about 17% compared with restated figures for the same period in 2025. The deterioration is mainly attributed...
China ZhengTong Auto Schedules Board Meeting to Review Interim Results and Dividend
China ZhengTong Auto Services Holdings Limited has scheduled a board meeting for 28 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider whether to declare an interim dividend and a...
China ZhengTong Shareholders Approve Major Share Placing Mandate
Shareholders of China ZhengTong Auto Services Holdings Limited have approved an ordinary resolution at an extraordinary general meeting held on 10 August 2026, backing a placing agreement with Fortune (HK) Securities Limited. The deal allows for the...
China ZhengTong Cuts Final Price for Xindeco Auto Dealership Acquisition
China ZhengTong Auto Services Holdings Limited has updated the market on its previously announced acquisition of Xiamen Xindeco’s 4S dealership and automobile sales and export business in China and Thailand. The transaction involves Xindeco ITG...
China Zhengtong Calls EGM to Approve Major Share Placement
China Zhengtong Auto Services Holdings has called an extraordinary general meeting for 10 August 2026 in Xiamen, Fujian, to seek shareholder approval for a major share placement. The board is asking investors to endorse a placing agreement with Fortu...
China Zhengtong Sets One-Year Connected Property Lease Deal With Controlling Shareholder
China ZhengTong Auto Services Holdings has entered into a one-year Property Lease and Services Framework Agreement with its controlling shareholder ITG Holding, effective from 16 July 2026 to 15 July 2027. The deal covers the leasing of properties an...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 01, 2026