New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$498.9m market cap, or US$63.7m). Reported Earnings • Apr 03
Full year 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.013 in FY 2024) Full year 2025 results: EPS: CN¥0.04 (up from CN¥0.013 in FY 2024). Revenue: CN¥927.8m (up 13% from FY 2024). Net income: CN¥70.5m (up 220% from FY 2024). Profit margin: 7.6% (up from 2.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 01
China ITS (Holdings) Co., Ltd., Annual General Meeting, May 28, 2026 China ITS (Holdings) Co., Ltd., Annual General Meeting, May 28, 2026. Ankündigung • Mar 17
China ITS (Holdings) Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 China ITS (Holdings) Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Buy Or Sell Opportunity • Feb 23
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to HK$0.34. The fair value is estimated to be HK$0.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 55%. Buy Or Sell Opportunity • Nov 13
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 67% to HK$0.33. The fair value is estimated to be HK$0.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 55%. Buy Or Sell Opportunity • Oct 06
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 62% to HK$0.34. The fair value is estimated to be HK$0.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 55%. Reported Earnings • Oct 02
First half 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.023 loss in 1H 2024) First half 2025 results: EPS: CN¥0.21 (up from CN¥0.023 loss in 1H 2024). Revenue: CN¥478.7m (up 68% from 1H 2024). Net income: CN¥361.6m (up CN¥400.0m from 1H 2024). Profit margin: 76% (up from net loss in 1H 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Sep 04
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 55% to HK$0.27. The fair value is estimated to be HK$0.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 55%. Reported Earnings • Sep 02
First half 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.023 loss in 1H 2024) First half 2025 results: EPS: CN¥0.21 (up from CN¥0.023 loss in 1H 2024). Revenue: CN¥478.7m (up 68% from 1H 2024). Net income: CN¥361.6m (up CN¥400.0m from 1H 2024). Profit margin: 76% (up from net loss in 1H 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. New Risk • Aug 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (HK$524.7m market cap, or US$67.3m). Ankündigung • Aug 18
China ITS (Holdings) Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 China ITS (Holdings) Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Buy Or Sell Opportunity • Apr 25
Now 21% overvalued Over the last 90 days, the stock has fallen 16% to HK$0.15. The fair value is estimated to be HK$0.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has declined by 2.5%. Reported Earnings • Apr 02
Full year 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.081 in FY 2023) Full year 2024 results: EPS: CN¥0.01 (down from CN¥0.081 in FY 2023). Revenue: CN¥819.8m (down 4.4% from FY 2023). Net income: CN¥22.1m (down 84% from FY 2023). Profit margin: 2.7% (down from 16% in FY 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year. Ankündigung • Apr 01
China ITS (Holdings) Co., Ltd., Annual General Meeting, May 28, 2025 China ITS (Holdings) Co., Ltd., Annual General Meeting, May 28, 2025. Ankündigung • Mar 17
China ITS (Holdings) Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025 China ITS (Holdings) Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025 Recent Insider Transactions • Dec 09
CEO & Executive Director recently bought HK$11m worth of stock On the 2nd of December, Hailin Jiang bought around 80m shares on-market at roughly HK$0.14 per share. This transaction increased Hailin's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Hailin's only on-market trade for the last 12 months. New Risk • Sep 07
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.5% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.5% net profit margin). Market cap is less than US$100m (HK$237.4m market cap, or US$30.5m). Ankündigung • Aug 20
China ITS (Holdings) Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 China ITS (Holdings) Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Upcoming Dividend • Aug 08
Upcoming dividend of HK$0.023 per share Eligible shareholders must have bought the stock before 15 August 2024. Payment date: 30 August 2024. Trailing yield: 12%. Within top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (3.5%). Ankündigung • May 29
China Its (Holdings) Co., Ltd. Approves the Cash Final Dividend for the Year Ended 31 December 2023 China ITS (Holdings) Co., Ltd. approved that final dividend of HKD 0.0227 per ordinary share of the Company for the year ended 31 December 2023, which shall be paid out of the share premium account of the Company. New Risk • Apr 05
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 13% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (HK$264.8m market cap, or US$33.8m). Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.029 in FY 2022) Full year 2023 results: EPS: CN¥0.08 (up from CN¥0.029 in FY 2022). Revenue: CN¥857.4m (up 20% from FY 2022). Net income: CN¥137.2m (up 183% from FY 2022). Profit margin: 16% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Ankündigung • Mar 19
China ITS (Holdings) Co., Ltd. to Report Fiscal Year 2023 Final Results on Mar 28, 2024 China ITS (Holdings) Co., Ltd. announced that they will report fiscal year 2023 final results on Mar 28, 2024 New Risk • Nov 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$100m (HK$230.9m market cap, or US$29.5m). Reported Earnings • Aug 31
First half 2023 earnings released: EPS: CN¥0.033 (vs CN¥0.004 loss in 1H 2022) First half 2023 results: EPS: CN¥0.033 (up from CN¥0.004 loss in 1H 2022). Revenue: CN¥346.1m (up 42% from 1H 2022). Net income: CN¥55.1m (up CN¥61.1m from 1H 2022). Profit margin: 16% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Ankündigung • Aug 20
China ITS (Holdings) Co., Ltd. Provides Earnings Guidance for the Six Months Ended 30 June 2023 The board of directors of China ITS (Holdings) Co., Ltd. informed the shareholders of the Company and potential investors that, based on the preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 June 2023 and the information currently available to the Company, the Company expects that the Group will record a profit attributable to the owners of the parent of not less than RMB 55,000,000 for the Interim Period as compared to a loss attributable to the owners of the parent of approximately RMB 6,000,000 for the corresponding period in 2022. The turnaround of the Group's results from loss to profit was mainly attributable to (i) the significant increase in gross profit during the Interim Period as compared to the corresponding period in 2022; and (ii) a gain on fair value changes of financial assets during the Interim Period, as compared to a significant loss on fair value changes of financial assets during the corresponding period in 2022 due to the market volatility. Ankündigung • Aug 18
China ITS (Holdings) Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 China ITS (Holdings) Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Jianmin Zhou was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Jianmin Zhou was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
First half 2022 earnings released: EPS: CN¥0 (vs CN¥0.018 in 1H 2021) First half 2022 results: EPS: CN¥0 (down from CN¥0.018 in 1H 2021). Revenue: CN¥243.6m (down 22% from 1H 2021). Net loss: CN¥5.96m (down 120% from profit in 1H 2021). Ankündigung • Aug 21
China ITS (Holdings) Co., Ltd. Provides Earnings Guidance for the Six Months Ended 30 June 2022 China ITS (Holdings) Co., Ltd. provides earnings guidance for the six months ended 30 June 2022. The Company expects that the Group will record a loss attributable to the owners of the parent of approximately RMB 6,000,000 for the Interim Period as compared to a profit attributable to the owners of the parent of approximately RMB 29,600,000 for the corresponding period in 2021. Such loss was mainly attributable to the relatively significant loss from the changes in the fair value of financial assets during the Interim Period. Ankündigung • Aug 18
China ITS (Holdings) Co., Ltd. to Report Q2, 2022 Results on Aug 29, 2022 China ITS (Holdings) Co., Ltd. announced that they will report Q2, 2022 results on Aug 29, 2022 Ankündigung • Apr 22
China ITS (Holdings) Co., Ltd., Annual General Meeting, May 26, 2022 China ITS (Holdings) Co., Ltd., Annual General Meeting, May 26, 2022, at 13:30 China Standard Time. Location: at Room V1, 6/F, Building 204, No. A10 Jiuxianqiao North Road, Chaoyang District Beijing China Agenda: To receive, consider and approve the audited financial statements, the directors' report, the auditors' report, the Environmental, Social and Governance Report of the Company and its subsidiaries for the year ended 31 December 2021; to consider the re-election of an executive director of the company; to authorize the board of directors of the Company to fix the remuneration of the Directors; to re-appoint Mazars CPA Limited as the auditor and to authorize Directors to fix their remuneration; to repurchase shares of HK$0.0002 each in the capital of the Company on The Stock Exchange of Hong Kong Limited or on any other stock exchange on which the securities of the Company may be listed and recognized by the Securities and Futures Commission of Hong Kong and the Stock Exchange for this purpose; and to consider the other matters. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: CN¥0.05 (vs CN¥0.11 loss in FY 2020) Full year 2021 results: EPS: CN¥0.05 (up from CN¥0.11 loss in FY 2020). Revenue: CN¥740.3m (down 20% from FY 2020). Net income: CN¥74.5m (up CN¥251.6m from FY 2020). Profit margin: 10% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 05
First half 2021 earnings released: EPS CN¥0.018 (vs CN¥0.024 in 1H 2020) The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥311.4m (up 31% from 1H 2020). Net income: CN¥29.6m (down 25% from 1H 2020). Profit margin: 9.5% (down from 17% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: CN¥0.11 loss per share (vs CN¥0.027 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥930.5m (down 9.9% from FY 2019). Net loss: CN¥185.0m (loss widened 318% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Ankündigung • Mar 20
China ITS (Holdings) Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 China ITS (Holdings) Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 10
New 90-day high: HK$0.28 The company is up 67% from its price of HK$0.17 on 12 November 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 28% over the same period. Is New 90 Day High Low • Jan 25
New 90-day high: HK$0.25 The company is up 47% from its price of HK$0.17 on 27 October 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 24% over the same period. Reported Earnings • Sep 20
First half earnings released Over the last 12 months the company has reported total losses of CN¥18.4m, with losses narrowing by 44% from the prior year. Total revenue was CN¥887.9m over the last 12 months, down 3.9% from the prior year. Ankündigung • Aug 22
China ITS (Holdings) Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 China ITS (Holdings) Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 Ankündigung • Jul 30
China ITS (Holdings) Co., Ltd. (SEHK:1900) completed the acquisition of 58% stake in CEECGLOBAL LIMITED from Hu Weimin. China ITS (Holdings) Co., Ltd. (SEHK:1900) entered into a share purchase agreement to acquire 58% stake in CEECGLOBAL LIMITED from Hu Weimin for CNY 85.8 million on May 13, 2019. Of the total consideration, CNY 45.8 million will be paid within 30 days after the entering of the share purchase agreement, CNY 20 million shall be paid within 30 days after completion and remaining CNY 20 million will be within 30 days after the first anniversary of completion. Post completion of acquisition, CEECGLOBAL LIMITED will become subsidiary of China ITS (Holdings) Co., Ltd. Hu Weimin warrants to China ITS (Holdings) that in respect of the two financial years ended December 31, 2019 and December 31, 2020 (‘‘Profit Guarantee Period’’), the aggregate audited consolidated net profits after tax of CEECGLOBAL LIMITED for the Profit Guarantee Period shall be no less than CNY 29 million and CNY 33 million respectively. If the profit guarantee targets do not meet, Hu Weimin will compensate to China ITS (Holdings) according to the terms. For the year ended December 31, 2018, CEECGLOBAL LIMITED reported net profit of CNY 25.3 million. As per the terms China ITS (Holdings) Co., Ltd. shall have the right to nominate two out of three representatives to the board of directors of CEECGLOBAL LIMITED.
The transaction is subject to change of members of the board of directors of CEECGLOBAL, Hu Weimin having obtained directors and shareholders approval and China ITS (Holdings) having obtained directors approval in relation to the transactions and having obtained the necessary approvals and consents from and completed the necessary registrations and reporting with the government authorities or third parties (if applicable). The transaction has the long stop date of December 31, 2019. Completion shall take place within five business days after the amount of stamp duty payable by the parties for the acquisition has been adjudicated.
China ITS (Holdings) Co., Ltd. (SEHK:1900) completed the acquisition of 58% stake in CEECGLOBAL LIMITED from Hu Weimin in late May, 2019.