Insight Provider, CrossASEAN Research

Nicolas Van Broekhoven

Was on the buyside for 15 years, most recently at a medium-sized boutique asset management firm. I grew up in Europe, went to university in the US and have been living in Singapore for the last 7 years which has given me a broad scope on the world and investing in general.

Consider myself a generalist investor with a preference for small and mid-cap companies and special situations. However, a large cap that has gone temporarily out of favor might also pique my interest. 

My style of investing could be categorized as more of value investor, rather than growth at any cost. Learning from Charlie Munger on the importance of quality of a company has been of tremendous value over the years.I like businesses with real earnings, cash flows, dividends, book value and insider ownership.

Insight Provider

Xingda: Ignore Mr. Market; Company Feedback Indicates Strong 2017

Xingda (1899 HK): Solid 1H17 Results but Still Trading at Large Discount to Book Value

Xingda: FY17 Shows Strongest Topline Growth Since 2010 but Weak Margins Kill the Bottom Line

Chinese Trucks & Cars Love Tires: How Rising Tire Replacement Demand Will Benefit Xingda (1899 HK)

Value-focused bottom-up Asian equity research

NVB Asia Pte Ltd

Equity Bottom-Up

<p>Xingda's released its 2016 results late on 24th March. This note will give a <strong>short</strong> update of the results. More analysis to follow after the results briefing next week.</p><ul>
<li>Revenue was up 15.5% to 5.47 billion RMB</li>
<li>Gross Profit Margin was 21.9% (+4% vs 17.9% achieved in 2015)</li>
<li>EPS was up 62% to 0.2114 HKD (0.1875 RMB)</li>
<li>Final DPS was up 50% to 0.15 HKD (payout ratio of 71%), ex-div date 12/6/17; payment date 21/7/17</li>
<li>For first time ever shareholders will be able to chose dividend in 100% cash;  100% shares or…</li>
</ul>

Xingda's released its 2016 results late on 24th March. This note will give a short update of the results. More analysis to follow after the results briefing next week.
Revenue was up 15.5% to 5.47 billion RMB
Gross Profit Margin was 21.9% (+4% vs 17.9% achieved in 2015)
EPS was up 62% to 0.2114 HKD (0.1875 RMB)
Final DPS was up 50% to 0.15 HKD (payout ratio of 71%), ex-div date 12/6/17; payment date 21/7/17
For first time ever shareholders will be able to chose dividend in 100% cash;  100% shares or…


Xingda (1899 HK) 2016 Results Confirm Recovery on Track

Xingda International

Xingda (1899 HK) 2016 Results Confirm Recovery on Track