SEHK:600

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China Infrastructure Investment

Executive Summary

China Infrastructure Investment Limited, an investment holding company, engages in the property investment and natural gas businesses in the People’s Republic of China.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has China Infrastructure Investment's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.3%

600

5.8%

HK Real Estate

4.0%

HK Market


1 Year Return

-46.7%

600

-12.6%

HK Real Estate

-4.9%

HK Market

Return vs Industry: 600 underperformed the Hong Kong Real Estate industry which returned -14.8% over the past year.

Return vs Market: 600 underperformed the Hong Kong Market which returned -6.6% over the past year.


Shareholder returns

600IndustryMarket
7 Day4.3%5.8%4.0%
30 Day-20.0%7.4%5.3%
90 Day-31.4%11.1%13.3%
1 Year-46.7%-46.7%-8.0%-12.6%-1.4%-4.9%
3 Year-60.7%-60.7%21.6%7.1%7.7%-3.5%
5 Year-82.9%-82.9%41.6%16.2%7.1%-10.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is China Infrastructure Investment undervalued compared to its fair value and its price relative to the market?

0.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 600's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 600's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 600 is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: 600 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 600's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600 is good value based on its PB Ratio (0.1x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is China Infrastructure Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.4%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Infrastructure Investment has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has China Infrastructure Investment performed over the past 5 years?

-58.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600 is currently unprofitable.

Growing Profit Margin: 600 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 600 is unprofitable, and losses have increased over the past 5 years at a rate of -58% per year.

Accelerating Growth: Unable to compare 600's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 600 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (3.7%).


Return on Equity

High ROE: 600 has a negative Return on Equity (-3.76%), as it is currently unprofitable.


Next Steps

Financial Health

How is China Infrastructure Investment's financial position?


Financial Position Analysis

Short Term Liabilities: 600's short term assets (HK$413.8M) exceed its short term liabilities (HK$221.3M).

Long Term Liabilities: 600's short term assets (HK$413.8M) exceed its long term liabilities (HK$8.0M).


Debt to Equity History and Analysis

Debt Level: 600's debt to equity ratio (17.3%) is considered satisfactory.

Reducing Debt: 600's debt to equity ratio has increased from 0.2% to 17.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 600 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 600 has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.6% each year.


Next Steps

Dividend

What is China Infrastructure Investment current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 600's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 600'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 600's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 600's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 600'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?

7.9yrs

Average board tenure


CEO

Xiao Jun Xu (41yo)

5.33yrs

Tenure

Mr. Xiao Jun Xu has been the Chief Executive Officer of China Infrastructure Investment Limited since March 9, 2015 and has been its Chairman since July 31, 2017. Mr. Xu serves as a Executive Deputy Genera ...


Board Members

NamePositionTenureCompensationOwnership
Xiao Jun Xu
Chairman & CEO5.33yrsno datano data
De Chao Ye
Executive Director8.5yrsno data27.85% HK$28.5m
Xu Dong Ji
Executive Director7.92yrsno data0.00014% HK$143.5
Jin Song Shan
GM-Pan-China (Shenyang) Real Estate Development Ltd & Director-Shenyang Pan-China Property Svcs Ltdno datano datano data
Jin Geng He
Independent Non-Executive Director7.92yrsHK$120.00kno data
Hong Gao Yu
Independent Non-Executive Director7.92yrsHK$120.00kno data
Yang Chen
Independent Non-Executive Director5.83yrsHK$120.00kno data

7.9yrs

Average Tenure

50yo

Average Age

Experienced Board: 600's board of directors are considered experienced (7.9 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Infrastructure Investment Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Infrastructure Investment Limited
  • Ticker: 600
  • Exchange: SEHK
  • Founded: 1992
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: HK$102.478m
  • Shares outstanding: 4.27b
  • Website: https://www.china-infrastructure.com

Number of Employees


Location

  • China Infrastructure Investment Limited
  • Ocean Centre
  • 6th Floor
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1994

Biography

China Infrastructure Investment Limited, an investment holding company, engages in the property investment and natural gas businesses in the People’s Republic of China. It is also involved in the property development, investment, and rental activities; operation of storage units; sale of pipelined natural gas and construction materials; holding of motor vehicles; provision of management services; and construction of natural gas projects. The company was incorporated in 1992 and is based in Tsim Sha Tsui, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/03 12:43
End of Day Share Price2020/07/03 00:00
Earnings2019/12/31
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.