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China CITIC Financial Asset Management SEHK:2799 Stock Report

Last Price

HK$0.65

Market Cap

HK$52.2b

7D

-5.8%

1Y

66.7%

Updated

19 Nov, 2024

Data

Company Financials +

China CITIC Financial Asset Management Co., Ltd.

SEHK:2799 Stock Report

Market Cap: HK$52.2b

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 (4.2x) is below the Hong Kong market (9.6x)

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

Highly volatile share price over the past 3 months compared to the Hong Kong market

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


China CITIC Financial Asset Management Co., Ltd. Competitors

China Cinda Asset Management

SEHK:1359

HK$49.2b

Value Partners Group

SEHK:806

HK$3.0b

Guolian Securities

SEHK:1456

HK$32.9b

China International Capital

SEHK:3908

HK$139.7b

Price History & Performance

Summary of all time highs, changes and price drops for China CITIC Financial Asset Management
Historical stock prices
Current Share PriceHK$0.65
52 Week HighHK$0.95
52 Week LowHK$0.27
Beta0.83
11 Month Change6.56%
3 Month Change83.10%
1 Year Change66.67%
33 Year Changen/a
5 Year Change-43.97%
Change since IPO-79.03%

Recent News & Updates

Recent updates

Shareholder Returns

2799HK Capital MarketsHK Market
7D-5.8%-9.2%-2.7%
1Y66.7%17.2%10.9%

Return vs Industry: 2799 exceeded the Hong Kong Capital Markets industry which returned 17.2% over the past year.

Return vs Market: 2799 exceeded the Hong Kong Market which returned 10.9% over the past year.

Price Volatility

Is 2799's price volatile compared to industry and market?
2799 volatility
2799 Average Weekly Movement19.9%
Capital Markets Industry Average Movement14.0%
Market Average Movement9.0%
10% most volatile stocks in HK Market19.0%
10% least volatile stocks in HK Market4.2%

Stable Share Price: 2799's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2799's weekly volatility has increased from 11% to 20% 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$52.16b
Earnings (TTM)HK$12.38b
Revenue (TTM)HK$9.79b

4.2x

P/E Ratio

5.3x

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