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Nexteer Automotive Group Limited (HK:1316)
:1316
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 19, 2025
|% Change Since: -9.47%
|Next Earnings Date:Aug 13, 2025
Earnings Call Sentiment|Positive
Nexteer Automotive demonstrated robust growth and achievements with record revenues, strong new bookings, and increased shareholder returns. However, challenges such as warranty recall costs, program cancellations, and tariff uncertainties pose potential risks.Company Guidance
During the Nexteer Automotive Group Limited 2024 Annual Results Conference Call, the company provided comprehensive guidance on its financial and strategic performance. Nexteer's revenue reached a record $4.3 billion, marking a 1.6% increase from 2023, with adjusted revenue growth outperforming the market by 3.6%. EBITDA rose by 22.5% to $424 million, and net profit increased by 68% to $62 million, reflecting a significant margin improvement. The company completed 77 program launches, with 45 tied to electric vehicles, and secured $6 billion in new business bookings, including notable steer-by-wire production awards. Nexteer announced plans to continue focusing on innovation, operational efficiency, and strategic expansions, particularly in the APAC region, with their new facility in China expected to drive future growth. Additionally, the Board approved a $22 million dividend, representing a 35% payout ratio, up from 20% in 2023. Looking ahead to 2025, Nexteer anticipates outpacing the market with a 200 to 300 basis point growth, supported by their strong position in the evolving automotive landscape and ongoing efficiency initiatives.Record Revenue Achievement
Nexteer Automotive achieved record revenue for the second consecutive year, totaling $4.3 billion, which is an increase of 1.6% compared to 2023.
Strong New Business Bookings
Customer program bookings totaled $6 billion in lifetime revenue, including significant bookings in steer-by-wire and dual-pinion EPS with global and Chinese OEMs.
APAC Market Growth
APAC division achieved record revenue of $1.3 billion, growing more than 10% compared to 2023, with strong profitability and free cash flow.
Increased Shareholder Returns
Board approved a $22 million dividend, nearly tripling from 2023, representing a 35% payout ratio of the 2024 net profit.
Significant EBITDA Growth
EBITDA grew by 22.5% year-over-year, with margins expanding by 170 basis points compared to 2023.
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HK:1316 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HK:1316 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 19, 2025 | HK$5.49 | HK$5.50 | +0.18% |
| Oct 16, 2024 | HK$2.82 | HK$2.82 | 0.00% |
| Aug 14, 2024 | HK$2.95 | HK$2.89 | -2.07% |
| Apr 24, 2024 | HK$3.71 | HK$3.83 | +3.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Nexteer Automotive Group Limited (HK:1316) report earnings?
Nexteer Automotive Group Limited (HK:1316) is schdueled to report earning on Aug 13, 2025, TBA Not Confirmed.
What is Nexteer Automotive Group Limited (HK:1316) earnings time?
Nexteer Automotive Group Limited (HK:1316) earnings time is at Aug 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Nexteer Automotive Group Limited stock?
The P/E ratio of Nexteer Automotive Group is N/A.
What is HK:1316 EPS forecast?
Currently, no data Available
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