SEHK:308

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China Travel International Investment Hong Kong

Executive Summary

China Travel International Investment Hong Kong Limited, an investment holding company, provides travel and tourism services. More Details

Rewards

Revenue is forecast to grow 50.29% per year

Risk Analysis

No risks detected for 308 from our risk checks.


Snowflake Analysis

Adequate balance sheet with limited growth.

Share Price & News

How has China Travel International Investment Hong Kong's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 308 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.9%

308

2.4%

HK Hospitality

1.2%

HK Market


1 Year Return

-14.6%

308

-4.4%

HK Hospitality

2.3%

HK Market

Return vs Industry: 308 underperformed the Hong Kong Hospitality industry which returned -4.4% over the past year.

Return vs Market: 308 underperformed the Hong Kong Market which returned 2.3% over the past year.


Shareholder returns

308IndustryMarket
7 Day-1.9%2.4%1.2%
30 Day-0.9%0.7%7.0%
90 Day-7.9%15.4%3.6%
1 Year-14.6%-14.6%-2.8%-4.4%6.6%2.3%
3 Year-61.0%-62.9%-15.4%-21.7%-4.7%-15.1%
5 Year-65.8%-69.0%20.2%3.6%19.1%-1.1%

Price Volatility Vs. Market

How volatile is China Travel International Investment Hong Kong's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Travel International Investment Hong Kong undervalued compared to its fair value and its price relative to the market?

0.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 308 (HK$1.05) is trading above our estimate of fair value (HK$0.1)

Significantly Below Fair Value: 308 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 308 is unprofitable, so we can't compare its PE Ratio to the HK Hospitality industry average.

PE vs Market: 308 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 308's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 308 is good value based on its PB Ratio (0.4x) compared to the HK Hospitality industry average (1x).


Next Steps

Future Growth

How is China Travel International Investment Hong Kong forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

141.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 308 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 308 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 308 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 308's revenue (50.3% per year) is forecast to grow faster than the Hong Kong market (13.2% per year).

High Growth Revenue: 308's revenue (50.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 308's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has China Travel International Investment Hong Kong performed over the past 5 years?

-16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 308 is currently unprofitable.

Growing Profit Margin: 308 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 308 is unprofitable, and losses have increased over the past 5 years at a rate of 16.5% per year.

Accelerating Growth: Unable to compare 308's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 308 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-56.1%).


Return on Equity

High ROE: 308 has a negative Return on Equity (-2.91%), as it is currently unprofitable.


Next Steps

Financial Health

How is China Travel International Investment Hong Kong's financial position?


Financial Position Analysis

Short Term Liabilities: 308's short term assets (HK$6.7B) exceed its short term liabilities (HK$3.3B).

Long Term Liabilities: 308's short term assets (HK$6.7B) exceed its long term liabilities (HK$1.5B).


Debt to Equity History and Analysis

Debt Level: 308's debt to equity ratio (2.1%) is considered satisfactory.

Reducing Debt: 308's debt to equity ratio has reduced from 8.4% to 2.1% over the past 5 years.

Debt Coverage: 308's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 308's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is China Travel International Investment Hong Kong current dividend yield, its reliability and sustainability?

1.13%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 308's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 308's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 308's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 308's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 308 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 308's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Qiang Wu (48 yo)

0.42

Tenure

HK$2,935,728

Compensation

Mr. Qiang Wu serves as the General Manager of China Travel International Investment Hong Kong Limited since May 20, 2020 & serves as its Executive Director since March 08, 2019. He is the chairman of Shenz ...


CEO Compensation Analysis

Compensation vs Market: Qiang's total compensation ($USD378.80K) is about average for companies of similar size in the Hong Kong market ($USD462.71K).

Compensation vs Earnings: Insufficient data to compare Qiang's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Hong Jiang
Executive Chairman0.42yrHK$2.69mno data
Qiang Wu
GM & Executive Director0.42yrHK$2.94m0.011%
HK$ 630.2k
Sui On Lo
Executive Vice Chairmanno dataHK$240.00k0.011%
HK$ 630.2k
Cheng You
Executive Director2yrsHK$2.19m0.0081%
HK$ 472.6k
Hao Yang
Executive Director1.83yrsHK$240.00kno data
Xinjian Du
Financial Controllerno datano datano data
Dongsheng Fan
Executive Director0.75yrno datano data
Changle Wang
CEO & Director of China Travel Hong Kong (Zhuhai) Ocean Spring Co Ltdno datano datano data
Siu Chung Lai
Company Secretary10.58yrsno datano data
Zhenming Guo
GM & Director of China Travel Service (Cargo) Hong Kong Ltdno datano datano data
Yanzhong Li
GM & Director of Shenzhen - Splendid China Development Co Ltd19.42yrsno datano data
Cunquan Yang
GM & Director of China Travel Hi-Tech Computer Hong Kong Ltdno datano datano data

0.8yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 308's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Hong Jiang
Executive Chairman0.42yrHK$2.69mno data
Qiang Wu
GM & Executive Director0.42yrHK$2.94m0.011%
HK$ 630.2k
Sui On Lo
Executive Vice Chairmanno dataHK$240.00k0.011%
HK$ 630.2k
Cheng You
Executive Director2yrsHK$2.19m0.0081%
HK$ 472.6k
Hao Yang
Executive Director1.83yrsHK$240.00kno data
Dongsheng Fan
Executive Director0.75yrno datano data
Changle Wang
CEO & Director of China Travel Hong Kong (Zhuhai) Ocean Spring Co Ltdno datano datano data
Zhenming Guo
GM & Director of China Travel Service (Cargo) Hong Kong Ltdno datano datano data
Yanzhong Li
GM & Director of Shenzhen - Splendid China Development Co Ltd19.42yrsno datano data
Cunquan Yang
GM & Director of China Travel Hi-Tech Computer Hong Kong Ltdno datano datano data
Fei Wang
Deputy GMno datano datano data
Johnny Chen
Independent Non-Executive Director1.75yrsHK$334.00kno data

1.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 308's board of directors are not considered experienced ( 1.8 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 Travel International Investment Hong Kong Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Travel International Investment Hong Kong Limited
  • Ticker: 308
  • Exchange: SEHK
  • Founded:
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: HK$5.813b
  • Shares outstanding: 5.54b

Number of Employees


Location

  • China Travel International Investment Hong Kong Limited
  • CTS House
  • 12th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CTVI.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 1992
CTIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 1992
308SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 1992
308SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDNov 1992
308SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDNov 1992

Biography

China Travel International Investment Hong Kong Limited, an investment holding company, provides travel and tourism services. Its Tourist Attraction and Related Operations segment operates theme parks, sce ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 12:33
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.