Snowflake Score | |
---|---|
Valuation | 6/6 |
Future Growth | 4/6 |
Past Performance | 3/6 |
Financial Health | 3/6 |
Dividends | 3/6 |
CIM Stock Overview
China International Capital Corporation Limited provides financial services in Mainland China and internationally.
China International Capital Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | HK$1.62 |
52 Week High | HK$2.50 |
52 Week Low | HK$1.59 |
Beta | 0.90 |
1 Month Change | -22.86% |
3 Month Change | -28.95% |
1 Year Change | -21.36% |
3 Year Change | -2.76% |
5 Year Change | 32.25% |
Change since IPO | 18.51% |
Recent News & Updates
Shareholder Returns
CIM | DE Capital Markets | DE Market | |
---|---|---|---|
7D | 1.9% | 0.4% | 1.2% |
1Y | -21.4% | -5.5% | -12.2% |
Return vs Industry: CIM underperformed the German Capital Markets industry which returned -5.5% over the past year.
Return vs Market: CIM underperformed the German Market which returned -12.2% over the past year.
Price Volatility
CIM volatility | |
---|---|
CIM Average Weekly Movement | 8.0% |
Capital Markets Industry Average Movement | 5.9% |
Market Average Movement | 6.4% |
10% most volatile stocks in DE Market | 10.7% |
10% least volatile stocks in DE Market | 3.5% |
Stable Share Price: CIM is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CIM's weekly volatility (8%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1995 | 13,557 | Zhaohui Huang | https://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.
China International Capital Fundamentals Summary
CIM fundamental statistics | |
---|---|
Market Cap | CN¥130.91b |
Earnings (TTM) | CN¥10.21b |
Revenue (TTM) | CN¥32.32b |
5.6x
P/E Ratio1.8x
P/S RatioIs CIM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
CIM income statement (TTM) | |
---|---|
Revenue | CN¥32.32b |
Cost of Revenue | CN¥2.13b |
Gross Profit | CN¥30.19b |
Other Expenses | CN¥19.99b |
Earnings | CN¥10.21b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 2.11 |
Gross Margin | 93.41% |
Net Profit Margin | 31.58% |
Debt/Equity Ratio | 327.0% |
How did CIM perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield14%
Payout RatioValuation
Is China International Capital undervalued compared to its fair value and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CIM (€1.62) is trading below our estimate of fair value (€4.25)
Significantly Below Fair Value: CIM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CIM is good value based on its PE Ratio (5.6x) compared to the German Capital Markets industry average (14.1x).
PE vs Market: CIM is good value based on its PE Ratio (5.6x) compared to the German market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: CIM is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: CIM is good value based on its PB Ratio (0.6x) compared to the DE Capital Markets industry average (1.2x).
Future Growth
How is China International Capital forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
21.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CIM's forecast earnings growth (21.1% per year) is above the savings rate (-0.05%).
Earnings vs Market: CIM's earnings (21.1% per year) are forecast to grow faster than the German market (7.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CIM's revenue (19.1% per year) is forecast to grow faster than the German market (4.9% per year).
High Growth Revenue: CIM's revenue (19.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CIM's Return on Equity is forecast to be low in 3 years time (14%).
Past Performance
How has China International Capital performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
32.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIM has high quality earnings.
Growing Profit Margin: CIM's current net profit margins (31.6%) are higher than last year (26.4%).
Past Earnings Growth Analysis
Earnings Trend: CIM's earnings have grown significantly by 32.5% per year over the past 5 years.
Accelerating Growth: CIM's earnings growth over the past year (32.5%) is below its 5-year average (32.5% per year).
Earnings vs Industry: CIM earnings growth over the past year (32.5%) underperformed the Capital Markets industry 99.5%.
Return on Equity
High ROE: CIM's Return on Equity (11.8%) is considered low.
Financial Health
How is China International Capital's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CIM's short term assets (CN¥596.7B) exceed its short term liabilities (CN¥391.7B).
Long Term Liabilities: CIM's short term assets (CN¥596.7B) exceed its long term liabilities (CN¥184.4B).
Debt to Equity History and Analysis
Debt Level: CIM has more cash than its total debt.
Reducing Debt: CIM's debt to equity ratio has increased from 175.2% to 327% over the past 5 years.
Debt Coverage: CIM's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: Insufficient data to determine if CIM's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is China International Capital current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CIM's dividend (2.52%) is higher than the bottom 25% of dividend payers in the German market (1.37%).
High Dividend: CIM's dividend (2.52%) is low compared to the top 25% of dividend payers in the German market (4.29%).
Stability and Growth of Payments
Stable Dividend: CIM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CIM's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.3%), CIM's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.2%), CIM's dividend payments are thoroughly covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Zhaohui Huang (57 yo)
2.42yrs
Tenure
CN¥7,953,264
Compensation
Mr. Zhaohui Huang serves as Chairman at CICC Capital Management Co., Ltd. He serves as Chief Executive Officer of China International Capital Corporation Ltd. since December 30, 2019 and is its Executive D...
CEO Compensation Analysis
Compensation vs Market: Zhaohui's total compensation ($USD1.17M) is below average for companies of similar size in the German market ($USD4.70M).
Compensation vs Earnings: Zhaohui's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CIM's management team is considered experienced (4.6 years average tenure).
Board Members
Experienced Board: CIM's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
China International Capital Corporation Limited's employee growth, exchange listings and data sources
Key Information
- Name: China International Capital Corporation Limited
- Ticker: CIM
- Exchange: DB
- Founded: 1995
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Implied Market Cap: HK$151.467b
- Listing Market Cap: HK$18.547b
- Shares outstanding: 4.83b
- Website: https://www.cicc.com
Number of Employees
Location
- China International Capital Corporation Limited
- China World Office 2
- 27th and 28th Floor
- Beijing
- 100004
- China
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/16 00:00 |
End of Day Share Price | 2022/05/16 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.