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China CITIC Financial Asset Management SEHK:2799 Stock Report

Last Price

HK$0.66

Market Cap

HK$50.6b

7D

17.9%

1Y

103.1%

Updated

20 Jan, 2025

Data

Company Financials +

China CITIC Financial Asset Management Co., Ltd.

SEHK:2799 Stock Report

Market Cap: HK$50.6b

2799 Stock Overview

Provides various financial asset management services in Chinese Mainland, Hong Kong, and Macau. More details

2799 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health2/6
Dividends0/6

Rewards

Price-To-Earnings ratio (4.3x) is below the Hong Kong market (9.9x)

Revenue is forecast to grow 56.34% per year

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Earnings are forecast to decline by an average of 29.2% per year for the next 3 years

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

China CITIC Financial Asset Management Co., Ltd. Competitors

China Cinda Asset Management

SEHK:1359

HK$44.3b

Guolian Securities

SEHK:1456

HK$61.7b

Value Partners Group

SEHK:806

HK$2.6b

China International Capital

SEHK:3908

HK$121.3b

Price History & Performance

Summary of share price highs, lows and changes for China CITIC Financial Asset Management
Historical stock prices
Current Share PriceHK$0.66
52 Week HighHK$0.95
52 Week LowHK$0.27
Beta0.82
1 Month Change4.76%
3 Month Change6.45%
1 Year Change103.08%
3 Year Change53.49%
5 Year Change-43.10%
Change since IPO-78.71%

Recent News & Updates

Recent updates

Shareholder Returns

2799HK Capital MarketsHK Market
7D17.9%4.4%2.1%
1Y103.1%39.1%23.7%

Return vs Industry: 2799 exceeded the Hong Kong Capital Markets industry which returned 39.1% over the past year.

Return vs Market: 2799 exceeded the Hong Kong Market which returned 23.7% over the past year.

Price Volatility

Is 2799's price volatile compared to industry and market?
2799 volatility
2799 Average Weekly Movement6.2%
Capital Markets Industry Average Movement7.8%
Market Average Movement6.5%
10% most volatile stocks in HK Market14.0%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 2799 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2799's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19994,948Zimin Liwww.chamc.com.cn

China CITIC Financial Asset Management Co., Ltd., together with its subsidiaries, provides various financial asset management services in Chinese Mainland, Hong Kong, and Macau. It operates through three segments: Distressed Asset Management, Financial Services, and Asset Management and Investment. The company manages, invests in, and disposes debt-to-equity swap assets.

China CITIC Financial Asset Management Co., Ltd. Fundamentals Summary

How do China CITIC Financial Asset Management's earnings and revenue compare to its market cap?
2799 fundamental statistics
Market capHK$50.56b
Earnings (TTM)HK$12.24b
Revenue (TTM)HK$9.69b

4.3x

P/E Ratio

5.5x

P/S Ratio

Is 2799 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2799 income statement (TTM)
RevenueCN¥9.10b
Cost of RevenueCN¥6.92b
Gross ProfitCN¥2.19b
Other Expenses-CN¥9.32b
EarningsCN¥11.51b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin24.03%
Net Profit Margin126.41%
Debt/Equity Ratio1,637.3%

How did 2799 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 11:09
End of Day Share Price 2025/01/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China CITIC Financial Asset Management Co., Ltd. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jiahui YanChina International Capital Corporation Limited
Jacky ZuoDeutsche Bank
Nan LiGoldman Sachs