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Last $49.59 USD
Change Today -1.02 / -2.02%
Volume 647.6K
BITA On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

bitauto holdings ltd-adr (BITA) Snapshot

Open
$50.38
Previous Close
$50.61
Day High
$50.95
Day Low
$49.30
52 Week High
08/26/14 - $98.28
52 Week Low
07/10/14 - $43.17
Market Cap
3.0B
Average Volume 10 Days
845.8K
EPS TTM
$9.20
Shares Outstanding
60.1M
EX-Date
--
P/E TM
33.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for BITAUTO HOLDINGS LTD-ADR (BITA)

bitauto holdings ltd-adr (BITA) Related Businessweek News

No Related Businessweek News Found

bitauto holdings ltd-adr (BITA) Details

Bitauto Holdings Limited provides Internet content and marketing services for the automotive industry in the People’s Republic of China. The company operates in four segments: bitauto.com Advertising Business, EP Platform Business, taoche.com Business, and Digital Marketing Solutions Business. The bitauto.com Advertising Business segment provides advertising services, including new automobile pricing and promotional information, specifications, reviews, and consumer feedback to dealers and automakers on its bitauto.com Website. The EP Platform Business segment provides Web-based and mobile-based integrated digital marketing and customer relationship management (CRM) applications to automobile dealers in China. This segment’s platform enables dealer subscribers to create their own online showrooms, list pricing and promotional information, provide dealer contact information, place advertisements, and manage customer relationships. It also provides automobile transaction, CRM, and automotive financing services to automobile customers. The taoche.com Business segment provides used automobile listing services to automobile dealers and advertising services to automakers and automobile dealers. Its taoche.com Website allows consumers to navigate and select used automobile inventory from its database. The Digital Marketing Solutions Business segment provides one-stop digital marketing solutions, such as Website creation and maintenance, online public relations, online marketing campaigns, and advertising agent services. The company also distributes its dealer customers' automobile pricing and promotional information through its partner Websites, including portals operated by Tencent, Netease, and Qihoo 360, as well as social networking Websites and Internet video Websites. In addition, it provides customer services and training to dealer customers. The company was founded in 2000 and is headquartered in Beijing, the People’s Republic of China.

3,460 Employees
Last Reported Date: 05/8/15
Founded in 2000

bitauto holdings ltd-adr (BITA) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

bitauto holdings ltd-adr (BITA) Key Developments

Bitauto Holdings Limited Announces Auditor Changes

Bitauto Holdings Limited announced that it has appointed PricewaterhouseCoopers Zhong Tian LLP as the company's independent registered public accounting firm, to replace Ernst & Young Hua Ming LLP, effective from May 9, 2015.

Bitauto Holdings Limited Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015

Bitauto Holdings Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s revenue was $701.3 million compared with $353.4 million a year ago. The increase in revenue was primarily attributable to the growth of the EP platform business, the digital marketing solutions business, and the advertising business. IFRS Operating loss in the 2015 was RMB 17.1 million, compared to an operating profit of RMB 54.0 million in the corresponding period in 2014. This was primarily attributable to the increase in expenses relating to the increase in headcount and employee salaries and benefits, marketing efforts, as well as direct costs in new products and services on the EP platform and higher-direct-cost services. Non-GAAP operating profit in the quarter was RMB 30.8 million, compared to a non-GAAP operating profit of RMB 62.4 million in the corresponding period in 2014. IFRS loss in the quarter was RMB 4.8 million, compared to an IFRS profit of RMB 36.9 million in the corresponding period in 2014. Basic and diluted loss per ADS, each representing one ordinary share, in the quarter amounted to RMB 0.05 and RMB 0.10, respectively. Non-GAAP profit in the quarter was RMB 18.0 million compared with $45.3 million a year ago. This was primarily attributable to the increase in expenses relating to the increase in headcount and employee salaries and benefits, marketing efforts, as well as direct costs in new products and services on the EP platform and higher-direct-cost services. Non-GAAP basic and diluted profit per ADS in the quarter amounted to RMB 0.29 and RMB 0.23, respectively. Profit before tax was RMB 11.2 million compared with RMB 46.9 million a year ago. Loss attributable to ordinary shareholders of the parent was RMB 2.8 million compared with profit of $36.9 million a year ago. The company currently expects to generate revenue in the range of RMB 970.0 million to RMB 1.0 billion in the second quarter of 2015, representing a 85.7% to 91.5% year-over-year increase. The company currently expects non-GAAP profit attributable to ordinary shareholders of the parent in the range of RMB 80.0 million to RMB 100.0 million in the second quarter of 2015, representing a 19.5% to 35.6% year-over-year decrease.

Bitauto Holdings Limited to Report Q1, 2015 Results on May 08, 2015

Bitauto Holdings Limited announced that they will report Q1, 2015 results at 8:00 AM, US Eastern Standard Time on May 08, 2015

 

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Industry Analysis

BITA

Industry Average

Valuation BITA Industry Range
Price/Earnings 32.7x
Price/Sales 5.6x
Price/Book 2.8x
Price/Cash Flow 41.7x
TEV/Sales 4.5x
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