Deewin Tianxia Co. Ltd Class H

Deewin Tianxia Co. Ltd Class H

HHKEX:2418
2.84
HKD
-0.04
(-1.56%)
20.61BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.33
1.5
1.44
1.43
1.4
1.2
1.27
- -
Basic EPS, GAAP
0.1
0.13
0.17
0.12
0.07
0.07
0.03
- -
Free Cash Flow per Basic Share
- -
-0.33
-0.23
-0.09
0.09
-0.05
0.04
- -
Dividend per Share
0.03
0.15
0.03
0.11
0.04
0.04
0.04
- -
Book Value per Share
0.75
0.99
1.09
1.49
1.51
1.54
1.53
1.53
Tangible Book Value per Share
0.75
0.98
1.08
1.48
1.49
1.51
1.5
1.5
Basic Weighted Avg Shares
2,172
2,172
2,172
1,907
2,221
2,182
2,181
2,181
Sales/Revenue/Turnover
2,892
3,262
3,127
2,728
3,119
2,628
2,762
- -
Operating Margin (%)
10.8
14.6
18.58
12.97
10.73
9.78
8.17
- -
Depreciation Expense
33
38
52
54
49
57
61
- -
Net Income, GAAP
207
274
363
226
149
153
68
- -
Effective Tax Rate (%)
21.67
20.46
17.06
21.07
27.67
21.31
35.99
- -
Profit Margin (%)
7.17
8.4
11.6
8.3
4.78
5.83
2.47
- -
Working Capital
114
386
1,504
2,308
1,870
1,424
2,384
2,384
LT Debt
490
1,065
522
1,050
561
376
2,287
2,287
Total Equity
1,692
2,149
2,450
3,336
3,319
3,359
3,341
3,341
Return on Invested Capital (%)
- -
4.17
4.51
2.75
1.98
1.95
0.73
- -
Return on Capital (%)
- -
3.27
4.56
3.27
2.2
2.1
1.05
- -
Return on Common Equity (%)
- -
14.48
15.8
7.83
4.48
4.59
2.04
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
4,731
4,611
4,448
LT Borrowings
363
50
2,279
LT Finance Leases
14
12
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,181
2,181
2,181
Market Capitalization
2,577
3,802
18,523

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
7,016
6,986
8,017
Cash, Cash Equivalents & STI
1,010
781
985
Accounts Receivable, Net
797
806
881
Inventories
73
67
145
Total Current Liabilities
5,591
5,708
5,633
Payables & Accruals
- -
- -
- -
ST Debt
4,731
4,611
4,448
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.06%
-0.53%
Free Cash Flow
- -
-127.37%
-169.87%
Net Income, GAAP
- -
-18.41%
-55.43%
Sales/Revenue/Turnover
- -
-2.64%
5.12%
Total Cash Common Dividend
- -
10.33%
-12.78%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3,119
2024
- -
- -
2,628
2025
- -
- -
2,762

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.07
2024
- -
- -
0.07
2025
- -
- -
0.03

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
0.04
2025
- -
- -
0.04

Company Description

CEO
Peng Zhao
Full Time Employees
1,539
Sector
Consumer durables
Industry
Motor vehicles
Address
Building 1, Jingwei Centre Xi'an SA China 710000
IPO Date
Jul 15, 2022
Business
Deewin Tianxia Co., Ltd (2418.HK) provides comprehensive logistics, supply chain, financial, and data services to participants across the commercial vehicle industry chain in the People's Republic of China. The company operates through three primary segments: Logistics and Supply Chain Service, which encompasses automobile manufacturing supply chain and logistics services, warehousing, leased automobile management, distribution of commercial vehicles and components including tires, lubricants, carbamide, and other aftermarket products such as heavy-duty trucks, pickups, trailers, buses, lorries, and related parts; Supply Chain Financial Service, offering financial leasing and factoring for heavy-duty trucks and commercial vehicles, satellite positioning devices, installation services, and insurance brokerage; and Internet of Vehicles and Data Service, delivering IoV platforms, data analytics, and related technological solutions. Founded in 2005 and headquartered at 16th Floor, Unit 1, Building 1, Jingwei International Center, No. 29 West Section of Xijin Road, Jingwei New City, Xi'an Economic and Technological Development Zone, China, Deewin Tianxia serves upstream raw material and component suppliers, commercial vehicle manufacturers like Shaanxi Heavy Duty Automobile and Shaanxi Commercial Automobile, sales dealers, logistics firms, express couriers, resource companies, and end-customers, primarily targeting the domestic commercial automobile sector with a subsidiary relationship to Shaanxi Automobile Group Co., Ltd. Recent developments include signing a strategic cooperation agreement with Eternal Tsingshan Group on intelligent logistics solutions for overseas industrial parks, advancing expansion into international operations; achieving RMB1,212.5 million in newly invested funds for its factoring business during the first half of 2025 through diversified funding channels; and ongoing enhancements to its IoV platform with algorithm model deployments, new energy logistics capacity service projects, and construction of new energy charging stations as part of strategic shifts toward digital collaboration and supply chain financial penetration.