China Travel International Investment Hong Kong Future Growth

Future criteria checks 3/6

China Travel International Investment Hong Kong is forecast to grow earnings and revenue by 23% and 7.8% per annum respectively. EPS is expected to grow by 23.8% per annum. Return on equity is forecast to be 3.3% in 3 years.

Key information

23.0%

Earnings growth rate

23.8%

EPS growth rate

Hospitality earnings growth	32.4%
Revenue growth rate	7.8%
Future return on equity	3.3%
Analyst coverage	Low
Last updated	12 Apr 2024

Recent future growth updates

Recent updates

China Travel International Investment Hong Kong Limited's (HKG:308) Shareholders Might Be Looking For Exit

Mar 04

Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?

Dec 14

Is China Travel International Investment Hong Kong (HKG:308) A Risky Investment?

Jun 08

Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?

Dec 28

Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?

Sep 07

What Does China Travel International Investment Hong Kong Limited's (HKG:308) Share Price Indicate?

May 17

Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?

Apr 12

Why China Travel International Investment Hong Kong Limited (HKG:308) Could Be Worth Watching

Dec 04

China Travel International Investment Hong Kong Limited's (HKG:308) Intrinsic Value Is Potentially 78% Above Its Share Price

Nov 08

China Travel International Investment Hong Kong (HKG:308) Strong Profits May Be Masking Some Underlying Issues

Sep 23

Health Check: How Prudently Does China Travel International Investment Hong Kong (HKG:308) Use Debt?

Dec 22

Earnings and Revenue Growth Forecasts

SEHK:308 - Analysts future estimates and past financials data (HKD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,683	570	N/A	1,660	2
12/31/2025	5,348	530	N/A	1,866	2
12/31/2024	4,907	478	N/A	1,989	2
12/31/2023	4,494	240	-38	1,022	N/A
9/30/2023	4,348	197	-201	852	N/A
6/30/2023	4,202	154	-364	683	N/A
3/31/2023	3,617	-101	-726	230	N/A
12/31/2022	3,032	-356	-1,088	-224	N/A
9/30/2022	3,267	-236	-1,367	-609	N/A
6/30/2022	3,502	-116	-1,646	-995	N/A
3/31/2022	3,575	29	-1,096	-430	N/A
12/31/2021	3,648	174	-546	134	N/A
9/30/2021	3,037	116	-260	460	N/A
6/30/2021	2,427	58	26	786	N/A
3/31/2021	2,197	-166	-484	136	N/A
12/31/2020	1,967	-391	-994	-513	N/A
9/30/2020	2,398	-433	-789	-337	N/A
6/30/2020	2,829	-476	-585	-160	N/A
3/31/2020	3,653	-45	-323	120	N/A
12/31/2019	4,477	387	-60	401	N/A
9/30/2019	4,569	557	-349	482	N/A
6/30/2019	4,660	727	-637	564	N/A
3/31/2019	4,589	707	-732	604	N/A
12/31/2018	4,518	687	-826	645	N/A
9/30/2018	4,576	920	N/A	N/A	N/A
6/30/2018	4,634	1,152	-347	414	N/A
3/31/2018	4,772	1,140	-92	592	N/A
12/31/2017	4,909	1,127	163	770	N/A
6/30/2017	4,598	501	N/A	1,034	N/A
3/31/2017	4,332	459	N/A	980	N/A
12/31/2016	4,066	417	N/A	927	N/A
6/30/2016	4,125	554	N/A	839	N/A
3/31/2016	4,260	622	N/A	1,020	N/A
12/31/2015	4,395	690	N/A	1,202	N/A
9/30/2015	4,438	886	N/A	N/A	N/A
6/30/2015	4,480	1,082	N/A	1,243	N/A
3/31/2015	4,478	1,268	N/A	1,212	N/A
12/31/2014	4,475	1,455	N/A	1,180	N/A
9/30/2014	4,445	1,468	N/A	N/A	N/A
6/30/2014	4,414	1,481	N/A	1,296	N/A
3/31/2014	4,387	1,317	N/A	1,188	N/A
12/31/2013	4,360	1,152	N/A	1,080	N/A
9/30/2013	4,467	1,037	N/A	1,013	N/A
6/30/2013	4,574	922	N/A	947	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 308's forecast earnings growth (23% per year) is above the savings rate (2.2%).

Earnings vs Market: 308's earnings (23% per year) are forecast to grow faster than the Hong Kong market (12.1% per year).

High Growth Earnings: 308's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 308's revenue (7.8% per year) is forecast to grow slower than the Hong Kong market (8.1% per year).

High Growth Revenue: 308's revenue (7.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 308's Return on Equity is forecast to be low in 3 years time (3.3%).

China Travel International Investment Hong Kong Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 11% to HK$1.74

Price target increased by 7.9% to HK$1.95

Price target increased to HK$1.73

China Travel International Investment Hong Kong Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

Price target increased to HK$1.65

Price target decreased to HK$1.42

Recent updates

Price target decreased by 11% to HK$1.74

China Travel International Investment Hong Kong Limited, Annual General Meeting, May 20, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: HK$0.043 (vs HK$0.064 loss in FY 2022)

China Travel International Investment Hong Kong Limited Announces Final Dividend for the Year Ended 31 December 2023, Payable on 20 June 2024

China Travel International Investment Hong Kong Limited to Report Fiscal Year 2023 Final Results on Mar 26, 2024

China Travel International Investment Hong Kong Limited's (HKG:308) Shareholders Might Be Looking For Exit

Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?

Price target increased by 7.9% to HK$1.95

China Travel International Investment Hong Kong Limited (SEHK:308) entered into the Share Transfer Agreement to acquire Silver Time (H.K.) Limited from Leung Tat Bor,Leung Kwok Wai,Leung Kwok Ho and Leung Shuk Yan for approximately HKD 900 million.

Upcoming dividend of HK$0.015 per share at 1.9% yield

First half 2023 earnings released: EPS: HK$0.04 (vs HK$0.051 loss in 1H 2022)

China Travel International Investment Hong Kong Limited to Report First Half, 2023 Results on Aug 30, 2023

Is China Travel International Investment Hong Kong (HKG:308) A Risky Investment?

Price target increased to HK$1.73

Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?

Less than half of directors are independent

Less than half of directors are independent

China Travel International Investment Hong Kong Limited Announces Executive Changes, with Effect from November 2022

China Travel International Investment Hong Kong Limited (SEHK:308) completed the acquisition of 50% stake in Handhuvaru Ocean Holidays (Pvt) Ltd from Ceylon Hotels Maldives (Private) Limited for $4.5 million.

Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?

First half 2022 earnings released: HK$0.051 loss per share (vs HK$0.001 profit in 1H 2021)

China Travel International Investment Hong Kong Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

China Travel International Investment Hong Kong Limited to Report First Half, 2022 Results on Aug 31, 2022

Insider recently sold HK$960k worth of stock

What Does China Travel International Investment Hong Kong Limited's (HKG:308) Share Price Indicate?

Less than half of directors are independent

Price target increased to HK$1.65

China Travel International Investment Hong Kong Limited Appoints Chen Xianjun as Executive Director and General Manager

Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

China Travel International Investment Hong Kong Limited, Annual General Meeting, May 30, 2022

China Travel International Investment Hong Kong Limited to Report Fiscal Year 2021 Results on Mar 30, 2022

Why China Travel International Investment Hong Kong Limited (HKG:308) Could Be Worth Watching

China Travel International Investment Hong Kong Limited's (HKG:308) Intrinsic Value Is Potentially 78% Above Its Share Price

China Travel International Investment Hong Kong (HKG:308) Strong Profits May Be Masking Some Underlying Issues

First half 2021 earnings released: EPS HK$0.001 (vs HK$0.08 loss in 1H 2020)

Price target decreased to HK$1.42

Executive Director has left the company

Shun Tak - China Travel Shipping Investments Limited acquired China Travel Tours Transportation Development (HK) limited from China Travel International Investment Hong Kong Limited (SEHK:308).

Full year 2020 earnings released: HK$0.071 loss per share (vs HK$0.071 profit in FY 2019)

Executive Director has left the company

Price target increased to HK$1.59

Full year 2020 earnings released: HK$0.071 loss per share (vs HK$0.071 profit in FY 2019)

China Travel International Investment Hong Kong Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

New 90-day high: HK$1.20

Deng Feng entered into an agreement to acquire remaining 51% stake in CTS (Dengfeng) Songshan Shaolin Culture Tourism Co Ltd from China Travel International Investment Hong Kong Limited (SEHK:308) for approximately CNY 260 million.

China Travel International Investment Hong Kong Limited Announces Renewal of Continuing Connected Transactionsin Relation to the Provision of Tour Group Services

Health Check: How Prudently Does China Travel International Investment Hong Kong (HKG:308) Use Debt?

Analysts lower EPS estimates to -HK$0.12

New 90-day low: HK$1.05

New 90-day low: HK$1.06

First half earnings released

First half earnings released

China Travel International Investment Hong Kong Limited to Report First Half, 2020 Results on Aug 28, 2020

New 90-day high - HK$1.29

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies