China International Capital (DB:CIM) - Stock Price, News & Analysis

CIM Stock Overview

China International Capital Corporation Limited provides financial services in Mainland China and internationally.

CIM fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 61.3% below our estimate of its fair value

Earnings are forecast to grow 13.08% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 2.25% is not well covered by cash flows

China International Capital Corporation Limited Competitors

Tradegate Wertpapierhandelsbank

DB:T2G

€2.7b

flatexDEGIRO

XTRA:FTK

€1.1b

Berliner Effektengesellschaft

DB:BFV

€823.4m

EUWAX

DB:EUX

€241.0m

Price History & Performance

Summary of all time highs, changes and price drops for China International Capital
Historical stock prices
Current Share Price	HK$0.96
52 Week High	HK$2.08
52 Week Low	HK$0.95
Beta	0.88
1 Month Change	-15.35%
3 Month Change	-13.84%
1 Year Change	-47.27%
3 Year Change	-51.75%
5 Year Change	-48.56%
Change since IPO	-29.41%

Recent updates

Shareholder Returns

	CIM	DE Capital Markets	DE Market
7D	1.6%	3.1%	1.8%
1Y	-47.3%	20.1%	2.2%

Return vs Industry: CIM underperformed the German Capital Markets industry which returned 17.8% over the past year.

Return vs Market: CIM underperformed the German Market which returned -0.3% over the past year.

Price Volatility

Is CIM's price volatile compared to industry and market?
CIM volatility
CIM Average Weekly Movement	6.2%
Capital Markets Industry Average Movement	4.5%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: CIM has not had significant price volatility in the past 3 months.

Volatility Over Time: CIM's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	15,227	n/a	www.cicc.com

China International Capital Corporation Limited provides financial services in Mainland China and internationally. The company operates through six segments: Investment Banking; Equities; Fixed Income, Commodities, and Currencies (FICC); Asset Management; Private Equity; and Wealth Management. The Investment Banking segment provides investment banking services, including equity financing, debt, and structured financing and financial advisory services to corporations and institutional clients.

China International Capital Corporation Limited Fundamentals Summary

How do China International Capital's earnings and revenue compare to its market cap?
CIM fundamental statistics
Market cap	€13.65b
Earnings (TTM)	€708.60m
Revenue (TTM)	€2.97b

7.0x

P/E Ratio

1.7x

P/S Ratio

Is CIM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIM income statement (TTM)
Revenue	CN¥23.05b
Cost of Revenue	CN¥1.74b
Gross Profit	CN¥21.31b
Other Expenses	CN¥15.81b
Earnings	CN¥5.50b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)	1.14
Gross Margin	92.44%
Net Profit Margin	23.84%
Debt/Equity Ratio	272.1%

How did CIM perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

16%

Payout Ratio

CIM Stock Overview

Rewards

Risk Analysis

China International Capital Corporation Limited Competitors

DB:T2G

€2.7b

XTRA:FTK

€1.1b

DB:BFV

€823.4m

DB:EUX

€241.0m

Price History & Performance

Recent News & Updates

China International Capital Corporation Limited to Report Q1, 2024 Results on Apr 30, 2024

China International Capital Corporation Limited Declares Final Dividend for the Year Ended December 31, 2023

Full year 2023 earnings released: EPS: CN¥1.14 (vs CN¥1.46 in FY 2022)

China International Capital Corporation Limited Announces Retirement of Duan Wenwu as Non-Executive Director, Member of the Strategy and ESG Committee and the Risk Management Committee

China International Capital Corporation Limited to Report Fiscal Year 2023 Results on Mar 29, 2024

China International Capital Corporation Limited Appoints Chen Liang as an Executive Director

Recent updates

China International Capital Corporation Limited to Report Q1, 2024 Results on Apr 30, 2024

China International Capital Corporation Limited Declares Final Dividend for the Year Ended December 31, 2023

Full year 2023 earnings released: EPS: CN¥1.14 (vs CN¥1.46 in FY 2022)

China International Capital Corporation Limited Announces Retirement of Duan Wenwu as Non-Executive Director, Member of the Strategy and ESG Committee and the Risk Management Committee

China International Capital Corporation Limited to Report Fiscal Year 2023 Results on Mar 29, 2024

China International Capital Corporation Limited Appoints Chen Liang as an Executive Director

Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.42 in 3Q 2022)

China International Capital Corporation Limited Announces Board Changes

China International Capital Corporation Limited to Report Q3, 2023 Results on Oct 31, 2023

China International Capital Corporation Limited Announces the Adjustments to Senior Management

Second quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.43 in 2Q 2022)

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

Less than half of directors are independent

China International Capital Corporation Limited Approves Distribution Plan of Hare Shares for the Year Ended December 31, 2022, Payable on or About August 18, 2023

Upcoming dividend of CN¥0.18 per share at 1.4% yield

China International Capital Corporation Limited (SEHK:3908) entered into an agreement to acquire The Underlying Assets of China Universal Leasing Co., Ltd. for CNY 1.4 billion.

China International Capital Corporation Limited, Annual General Meeting, Jun 30, 2023

Full year 2022 earnings released: EPS: CN¥1.46 (vs CN¥2.16 in FY 2021)

China International Capital Corporation Limited Announces Management Appointments

High number of new and inexperienced directors

Third quarter 2022 earnings released

China International Capital Corporation Limited to Report Q3, 2022 Results on Oct 28, 2022

Second quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.64 in 2Q 2021)

China International Capital Corporation Limited to Report First Half, 2022 Results on Aug 30, 2022

China International Capital Corporation Limited Announces the Resignation of Zhu Hailin as Non-Executive Director and the Member of Each of the Strategy and Esg Committee, the Audit Committee and the Risk Management Committee of the Board

China International Capital Corporation Limited Appoints Wang Shuguang as Investment Banking Head

China International Capital Corporation Limited Approves Final Dividend for the Year Ended December 31, 2021

Upcoming dividend of CN¥0.30 per share

China International Capital Corporation Limited Proposes Cash Dividend for the Year 2021, Payable on or Around August 19, 2022

First quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.37 in 1Q 2021)

Less than half of directors are independent

China International Capital Corporation Limited to Report Q1, 2022 Results on Apr 29, 2022

Full year 2021 earnings released: EPS: CN¥2.16 (vs CN¥1.60 in FY 2020)

China International Capital Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2021

Investor sentiment improved over the past week

Third quarter 2021 earnings released

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.65 (vs CN¥0.41 in 2Q 2020)

Investor sentiment deteriorated over the past week

China International Capital Corporation Limited Provides Earnings Guidance for the First Half Ended June 30, 2021

China International Capital Corporation Limited Approves Final Cash Dividend for the Year 2020, Payable on or About July 15, 2021

Upcoming dividend of CN¥0.18 per share

First quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥0.29 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥1.65 (vs CN¥0.99 in FY 2019)

China International Capital Corporation Limited to Report Fiscal Year 2020 Results on Mar 31, 2021

New 90-day low: €1.80

Investor sentiment deteriorated over the past week

China International Capital Corporation Limited Announces Resignation Of Ms. Xiong Lianhua as Non-Executive Director

China International Capital Corporation Limited Announces Resignation of Yang Xinping from the Office of Assistant President

Investor sentiment improved over the past week

New 90-day high: €2.22

China International Capital Corporation Limited Announces Resignation of Huang Hao as Non-Executive Director and Member of Strategy Committee, the Nomination and Corporate Governance Committee and the Audit Committee of the Board

New 90-day high: €2.10

Third quarter earnings released

China International Capital Corporation Limited has completed a Follow-on Equity Offering in the amount of CNY 13.198191 billion.

China International Capital Corporation Limited to Report Nine Months, 2020 Results on Oct 29, 2020

China International Capital Corporation Limited (SEHK:3908) signed an agreement to acquire 2% stake in Guizhou Bailing Group Pharmaceutical Co., Ltd. (SZSE:002424) from Jiang Wei for approximately CNY 180 million.

Earnings released