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Bethel Automotive Safety Systems' (SHSE:603596) 23% CAGR outpaced the company's earnings growth over the same five-year period - Simply Wall St

Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) shareholders might be concerned after seeing the share price drop 24% in the last quarter. But in stark contrast, the returns over the last half decade have impressed. It's fair to say most would be happy with 174% the gain in that time. We think it's more important to dwell on the long term returns than the short term returns. Of course, that doesn't necessarily mean it's cheap now.

On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.

Check out our latest analysis for Bethel Automotive Safety Systems

There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

During five years of share price growth, Bethel Automotive Safety Systems achieved compound earnings per share (EPS) growth of 18% per year. So the EPS growth rate is rather close to the annualized share price gain of 22% per year. This indicates that investor sentiment towards the company has not changed a great deal. In fact, the share price seems to largely reflect the EPS growth.

The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).

earnings-per-share-growth SHSE:603596 Earnings Per Share Growth February 27th 2024

We know that Bethel Automotive Safety Systems has improved its bottom line lately, but is it going to grow revenue? If you're interested, you could check this free report showing consensus revenue forecasts.

What About Dividends?

As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of Bethel Automotive Safety Systems, it has a TSR of 178% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence!

A Different Perspective

The total return of 17% received by Bethel Automotive Safety Systems shareholders over the last year isn't far from the market return of -17%. Longer term investors wouldn't be so upset, since they would have made 23%, each year, over five years. If the stock price has been impacted by changing sentiment, rather than deteriorating business conditions, it could spell opportunity. It's always interesting to track share price performance over the longer term. But to understand Bethel Automotive Safety Systems better, we need to consider many other factors. To that end, you should learn about the 2 warning signs we've spotted with Bethel Automotive Safety Systems (including 1 which can't be ignored) .

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.

Valuation is complex, but we're helping make it simple.

Find out whether Bethel Automotive Safety Systems is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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March 2024: The Automotive Industry Gears Up for an Electrifying Launch Season - BNN Breaking

The dawn of March 2024 marks a pivotal moment in the automotive sector, as industry giants like Hyundai and BYD ready themselves to roll out their latest innovations. It's a time of palpable excitement for car enthusiasts and potential buyers alike, promising a range of vehicles that cater to every taste and need. Among the stars of this auto show are the Hyundai Creta N Line and the BYD Seal EV, vehicles that symbolize the evolving landscape of the automotive industry.

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A Glimpse into the Future: Hyundai Creta N Line

On the 11th of March, the curtains will rise on the Hyundai Creta N Line, a variant that promises to blend sportiness with sophistication. Hyundai has teased its sportier styling characterized by red inserts, disc brakes with red callipers, and larger alloys, all wrapped in a striking Thunder Blue color scheme. But the allure of the Creta N Line isn't just skin deep. Beneath the hood lies a 1.5-litre turbo-charged petrol engine that churns out 158 bhp and 253 Nm of torque, paired with a 6-speed manual transmission. This mechanical marvel is set to deliver a driving experience that's as exhilarating as it is smooth.

The Electric Dream: BYD Seal EV

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While Hyundai steals the spotlight with its performance-oriented Creta, the electric vehicle (EV) segment is not to be overshadowed. The BYD Seal EV is poised to make a significant splash in the electric market, offering a blend of innovative technology and sustainable performance. Although specific details about the BYD Seal EV's features and capabilities are yet to be unveiled, the buzz surrounding its launch indicates a vehicle that could very well set new standards in the EV space. As the automotive industry continues its march towards electrification, models like the Seal EV are pivotal in shaping the future of eco-friendly transportation.

The Broader Impact

These launches are not just about new cars hitting the market; they represent the broader trends and shifts within the automotive industry. From the sporty aesthetics and enhanced performance of the Hyundai Creta N Line to the sustainable innovation of the BYD Seal EV, March 2024 is a showcase of the diverse directions in which the auto sector is moving. Furthermore, these launches come at a time when consumers are increasingly valuing both performance and environmental sustainability, making this season's lineup particularly resonant with the market's demands.

As the automotive industry gears up for this exciting launch season, one thing is clear: the future of driving is not just about getting from point A to point B, but how we get there. With vehicles that push the boundaries of performance, efficiency, and design, March 2024 is set to be a landmark month in the auto calendar. The Hyundai Creta N Line and the BYD Seal EV are just the beginning of what promises to be an electrifying year for car enthusiasts and eco-conscious drivers alike.

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Italy reaches out to BYD in bid to move beyond Stellantis - Automotive News Europe

Italy reaches out to BYD in bid to move beyond Stellantis  Automotive News Europe
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Cars: the Italian government has contacted the Chinese manufacturer BYD - Agenzia Nova

Washington

,

February 27 2024

© Agenzia Nova - Reproduction reserved

The Italian government contacted the Chinese car manufacturer Byd, as part of efforts to attract a second automaker to the country in addition to Stellantis. “We have some contacts (ongoing) to discuss the issue,” Michael Shu, CEO of BYD Europe, told the Bloomberg business news agency during the Geneva International Motor Show.

Byd is considering Italy as a site for a second production plant in Europe: a decision in this regard, Shu explained, "depends on our sales: we are now making excellent progress". BYD, which overtook Tesla in 2023 to become the world's largest electric vehicle maker, confirmed plans to build a production plant in Hungary late last year.

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© Agenzia Nova - Reproduction reserved

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Automotive 3PL Market size is estimated to grow by USD 93.48 billion from 2022 to 2027, 31% of market growth is ... - PR Newswire

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- According to Technavio, the global automotive 3pl market size is estimated to grow by USD 93.48 billion from 2022 to 2027. The market is expected to grow at a CAGR of 6.6% during the forecast period. Moreover, the growth momentum will accelerate. Based on geography, the global automotive 3pl market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global automotive 3PL market. North America is estimated to account for 31% of the growth of the global market during the forecast period. The demand for logistics is high in the region, especially in countries such as the US, owing to the expansion of regional distribution models. This, in turn, will result in an increase in the demand for warehouses in the region. The US is the second-largest automobile market globally, which plays a key role in imports and exports. It is the third-largest car manufacturer in the world and also the second-largest car importer in the world after the EU. These factors will drive the growth of the market in the region during the forecast period. Download a sample report

Continue Reading

Report
Coverage

Details

Page number

166

Base year

2022

Historic period

2017-2021

Forecast
period

2023-2027

Growth
momentum &
CAGR

Accelerate at a 
CAGR of 6.6%

Market growth
2023-2027

USD 93.48 billion

Market
structure

Fragmented

YoY
growth 2022-
2023(%)

5.33

Regional
analysis

North America,
Europe, APAC,
Middle East and
Africa, and South
America

Performing
market
contribution

North America at
31%

Key countries

US, China, India,
Germany, and UK

The global automotive 3PL market is fragmented, and the five forces analysis covers– 

Bargaining power of buyers  The threat of new entrants Threat of rivalry Bargaining power of suppliers Threat of substitutes Interpretation of porter's five models helps to strategize the business, for entire details. Buy the report!

Customer landscape

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Segmentation assessment

Technavio has segmented the market based on type (finished vehicle and auto components) and service (transportation, warehousing, distribution, inventory management, and others). 

The finished vehicle segment will grow at a significant rate during the forecast period. Finished vehicle logistics include a series of stages and processes through which cars are safely delivered to end users. This process includes transporting or delivering vehicles from the manufacturer to domestic or international customers. As the global economy is becoming more complex, automotive manufacturers are looking for ways to streamline their supply chains, which has increased the demand for external logistics service providers such as 3PL. In addition, logistics service providers are integrating disruptive technologies such as big data, the Internet of Things (IoT), and connected ships to improve their supply chain management systems. Such factors are expected to fuel the growth of the automotive third-party logistics market during the forecast period. request a sample report

Market dynamics

The increasing auto part manufacturing is driving the market growth. The automotive industry is expected to grow at a significant rate owing to improved living standards and increasing purchasing power across the world. Moreover, changes in lifestyles have increased car sales in emerging economies. Auto parts manufacturing plants require new solutions to ensure constant efficiency and meet consumer demand globally. Collaboration with 3PL providers supports the global expansion of the automotive industry. In addition, the aftermarket demand for auto spare parts for vehicles is expected to drive the growth of the market during the forecast period.

Cost reduction in the automotive industry through 3PL is a key trend in the market. High operation costs are challenging the market growth. Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

Analyst Review

In the dynamic landscape of the automotive industry, the Automotive 3PL (Third-Party Logistics) Market plays a pivotal role in ensuring seamless operations across the supply chain. From sourcing raw materials like metals, plastics, and semiconductors to delivering finished tires, batteries, and engine components, 3PL providers optimize efficiency for companies and transportation service providers alike. They manage intricate logistics, including warehousing auto parts and overseeing the distribution of light bulbs, speakers, and brake systems. With a focus on safety, they facilitate the integration of safety features and cooling units while ensuring the smooth flow of exhaust systems and gas tanks. In collaboration with automotive supply chains, 3PL providers streamline operations, offering tailored solutions for fenders and other critical components. Find some insights from a sample report!

Related Reports:

The automotive e-compressor market size is expected to increase by USD 7.45 billion from 2021 to 2026. This report extensively covers market segmentation by application (passenger cars and commercial vehicles) and geography (APAC, North America, Europe, South America, and Middle East and Africa).

The automotive timing belt market size is expected to increase by USD 37.62 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.4%. This report extensively covers market segmentation by end-user (OEMs and automotive aftermarket), vehicle type (passenger vehicles and commercial vehicles), and geography (APAC, Europe, North America, South America, and Middle East and Africa).

Table of contents

1 Executive Summary
2 Landscape
3 Sizing
4 Historic Size
5 Five Forces Analysis
6 Segmentations
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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Free Review:

If you are looking to increase your insurance coverage on your vehicle, the insurance company may require you to obtain a certified auto appraisal.   If you have a custom car, truck or motorcycle, the insurance company won't pay you more than book value. Get a stated value appraisal to cover money spent customizing your vehicle.  Have a collector or exotic vehicle?  Book value does not justify the vehicle value  In case you are in an accident, have a certified auto appraisal done.  Contact us today for a Free Evaluation!

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Pinnacle Auto Appraisers Will Professionally Evaluate Your Vehicle!

FLEET VEHICLES:

Pinnacle Auto Appraisers prides itself on quickly handling large amounts of vehicles. We routinely handle fleets for: vans, trucking, limousine, shuttle, buses, SUV, corporate, taxi, dealership, clubs, rental, and delivery companies. We handle large national chains, small family businesses, and car club appraisal(s).

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Pinnacle Auto Appraisers Offers Quality Fleet Appraisals!

Accident:

If you were involved in an accident and the insurance company deemed your vehicle a total loss, we can help.  If you don't agree with the insurance company's offer, you have the right to hire an independent certified appraiser to determine the actual cash value of your vehicle.  Our certified appraiser will go to the vehicle location, conduct the inspection and complete a certified total loss appraisal on your vehicle.  Total loss claims do require a negotiation phase which we will take care of for you at no additional charge!

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Let Pinnacle Auto Appraisers Help After A Crash!

CAR CLUBS & REPAIR SHOPS:

Our Appraisers are repair shop and car club fanatics! We enjoy when local and national clubs invite us out to their local gatherings. We offer an appraisal discount that lasted all month. We love everything that has an engine and drives on the road. We do our best to help everyone in need of an appraisal!

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Pinnacle Auto Appraisers - We Value Car Clubs and Repair Shops!