company background image
1900

China ITS (Holdings) SEHK:1900 Stock Report

Last Price

HK$0.14

Market Cap

HK$223.3m

7D

-6.3%

1Y

-28.2%

Updated

23 May, 2022

Data

Company Financials
1900 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

1900 Stock Overview

China ITS (Holdings) Co., Ltd., an investment holding company, provides products, specialised solutions, and services related to infrastructure technology in Mainland China and internationally.

China ITS (Holdings) Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for China ITS (Holdings)
Historical stock prices
Current Share PriceHK$0.14
52 Week HighHK$0.21
52 Week LowHK$0.12
Beta0.48
1 Month Change-0.73%
3 Month Change-8.16%
1 Year Change-28.19%
3 Year Change-40.00%
5 Year Change-80.15%
Change since IPO-96.13%

Recent News & Updates

Mar 09
China ITS (Holdings) (HKG:1900) Is Experiencing Growth In Returns On Capital

China ITS (Holdings) (HKG:1900) Is Experiencing Growth In Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...

May 27
China ITS (Holdings) (HKG:1900) Has Some Difficulty Using Its Capital Effectively

China ITS (Holdings) (HKG:1900) Has Some Difficulty Using Its Capital Effectively

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...

Apr 05
Does China ITS (Holdings) (HKG:1900) Have A Healthy Balance Sheet?

Does China ITS (Holdings) (HKG:1900) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

1900HK ITHK Market
7D-6.3%3.0%2.0%
1Y-28.2%-30.4%-24.0%

Return vs Industry: 1900 exceeded the Hong Kong IT industry which returned -29.3% over the past year.

Return vs Market: 1900 underperformed the Hong Kong Market which returned -23.7% over the past year.

Price Volatility

Is 1900's price volatile compared to industry and market?
1900 volatility
1900 Average Weekly Movement12.6%
IT Industry Average Movement9.1%
Market Average Movement8.0%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market3.9%

Stable Share Price: 1900 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 1900's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
2008258Hailin Jianghttps://www.its.cn

China ITS (Holdings) Co., Ltd., an investment holding company, provides products, specialised solutions, and services related to infrastructure technology in Mainland China and internationally. It operates through Railway Business and Electric Power Business segments. The Railway Business segment offers specialised solutions, including railway communication products and energy-base products.

China ITS (Holdings) Fundamentals Summary

How do China ITS (Holdings)'s earnings and revenue compare to its market cap?
1900 fundamental statistics
Market CapCN¥190.41m
Earnings (TTM)CN¥74.52m
Revenue (TTM)CN¥740.29m

2.6x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1900 income statement (TTM)
RevenueCN¥740.29m
Cost of RevenueCN¥467.11m
Gross ProfitCN¥273.18m
Other ExpensesCN¥198.66m
EarningsCN¥74.52m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.045
Gross Margin36.90%
Net Profit Margin10.07%
Debt/Equity Ratio18.6%

How did 1900 perform over the long term?

See historical performance and comparison

Valuation

Is China ITS (Holdings) undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 1900 (HK$0.14) is trading below our estimate of fair value (HK$1.35)

Significantly Below Fair Value: 1900 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1900 is good value based on its PE Ratio (2.6x) compared to the Hong Kong IT industry average (12.2x).

PE vs Market: 1900 is good value based on its PE Ratio (2.6x) compared to the Hong Kong market (8.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1900's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1900 is good value based on its PB Ratio (0.1x) compared to the HK IT industry average (1.3x).


Future Growth

How is China ITS (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.0%

Forecasted Software 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 ITS (Holdings) 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.


Past Performance

How has China ITS (Holdings) performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-38.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1900 has high quality earnings.

Growing Profit Margin: 1900 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 1900 has become profitable over the past 5 years, growing earnings by -38.4% per year.

Accelerating Growth: 1900 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1900 has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (6.2%).


Return on Equity

High ROE: 1900's Return on Equity (5.7%) is considered low.


Financial Health

How is China ITS (Holdings)'s financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1900's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.2B).

Long Term Liabilities: 1900's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥44.4M).


Debt to Equity History and Analysis

Debt Level: 1900's net debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: 1900's debt to equity ratio has reduced from 47.7% to 18.6% over the past 5 years.

Debt Coverage: 1900's debt is well covered by operating cash flow (112.9%).

Interest Coverage: 1900's interest payments on its debt are well covered by EBIT (16x coverage).


Balance Sheet


Dividend

What is China ITS (Holdings) current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1900's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1900'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 1900's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1900's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 1900 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1900 has not reported any payouts.


Discover strong dividend paying companies

Management

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

9.8yrs

Average management tenure


CEO

Hailin Jiang (53 yo)

9.83yrs

Tenure

CN¥1,695,000

Compensation

Mr. Jiang Hailin is a Co-founder of Unisun (Beijing) Investment Co., Ltd. and serves as its Managing Director. Mr. Jiang has been the Chief Executive Officer of China ITS (Holdings) Co., Ltd.since July 9,...


CEO Compensation Analysis

Compensation vs Market: Hailin's total compensation ($USD253.25K) is about average for companies of similar size in the Hong Kong market ($USD234.66K).

Compensation vs Earnings: Hailin's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 1900's management team is seasoned and experienced (9.8 years average tenure).


Board Members

Experienced Board: 1900's board of directors are considered experienced (5.8 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 ITS (Holdings) Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: China ITS (Holdings) Co., Ltd.
  • Ticker: 1900
  • Exchange: SEHK
  • Founded: 2008
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: HK$223.293m
  • Shares outstanding: 1.65b
  • Website: https://www.its.cn

Number of Employees


Location

  • China ITS (Holdings) Co., Ltd.
  • Building 204
  • No. A10, Jiuxianqiao North Road
  • Beijing
  • 100015
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.