Transport International Holdings Limited (0062) AI Stock Analysis

• Market Cap: HK$5.56B
• Dividend Yield: 7.48%
• Average Volume (3M): 115.16K
• Price to Earnings (P/E): 20.6
• Beta (1Y): 0.16
• Revenue Growth: 2.87%
• EPS Growth: -35.74%
• Country: HK
• Employees: 11,337
• Sector: Industrials
• Sector Strength: 72
• Industry: Railroads
• EPS (TTM): 0.37
• Shares Outstanding: 534,540,300
• 10 Day Avg. Volume: 127,090
• 30 Day Avg. Volume: 115,158
• PEG Ratio: -0.40
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.50
• P/FCF Ratio: 6.62
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: HK$11.50 ▲(8.29% Upside)

Transport International Holdings Limited demonstrates a solid financial foundation with stable revenue growth and strong equity. The technical indicators show bullish momentum, but caution is advised due to overbought signals. The valuation is mixed, with a high P/E ratio offset by an attractive dividend yield. Overall, the stock presents a balanced risk-reward profile, with opportunities for improvement in cost management and capital optimization.

Transport International Holdings Limited Business Overview & Revenue Model

Company Description

Transport International Holdings Limited, an investment holding company, provides franchised and non-franchised public transportation services in the People's Republic of China. It operates through Franchised Bus Operation; Property Holdings and Development; and All Other Segments. The Franchised Bus Operation segment provides franchised public bus transportation services in Hong Kong. The Property Holdings and Development segment holds and develops non-residential properties. The All Other Segments segment provides non-franchised public transportation services; and cross-boundary shuttle bus services. It also offers non-franchised bus services to the residential and commercial sectors through chartered hire services; and car rental and taxi hire services, as well as trades in bus souvenirs and face masks. The company was formerly known as The Kowloon Motor Bus Holdings Limited and changed its name to Transport International Holdings Limited in November 2005. Transport International Holdings Limited was founded in 1997 and is headquartered in Kowloon, Hong Kong.

How the Company Makes Money

Transport International Holdings Limited generates revenue primarily through the operation of its passenger transport services, which includes bus and ferry operations. The company's revenue model is largely based on fare collections from passengers using its public transport services. Additionally, the company may earn income through government contracts and subsidies, especially for services provided under public transport agreements. Other significant revenue streams include advertising on buses and ferries, as well as ancillary services related to logistics and infrastructure projects. Partnerships with local governments and agencies further bolster its earnings, ensuring consistent demand for its transportation services.

Transport International Holdings Limited Financial Statement Overview

Summary

Transport International Holdings Limited exhibits a solid financial position with stable revenue growth and strong equity backing. However, recent declines in net profit margins suggest cost management challenges needing attention. The company's low leverage and positive cash flow trends provide a robust foundation, with opportunities for enhancing profitability and optimizing capital expenditures to improve overall financial performance.

Income Statement

The company shows a consistent increase in revenue over the years, with a recent growth rate of 4.19% from 2023 to 2024. Gross profit margin stands at 28.96% in 2024, reflecting effective cost management. However, the net profit margin significantly decreased to 2.28% in 2024 from 5.09% in 2023, indicating challenges in controlling expenses or other cost pressures. EBIT and EBITDA margins are stable, but the decline in net income needs addressing.

Balance Sheet

The balance sheet demonstrates strong equity with a debt-to-equity ratio of 0.25, indicating low leverage and manageable debt levels. ROE is modest at 1.12% for 2024, suggesting limited profitability from equity. The equity ratio of 69.90% signifies a solid financial foundation, emphasizing stability and low risk in financing structure.

Cash Flow

Operating cash flow increased by 10.87% from 2023 to 2024, indicating healthy cash generation. The free cash flow to net income ratio is favorable, showing effective conversion of profits into cash. However, capital expenditures remain high, impacting free cash flow growth, which is positive yet moderate at 151.27% from 2023 to 2024, reflecting potential for improved capital management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.38B	8.22B	7.88B	6.61B	7.20B	6.19B
Gross Profit	2.58B	2.36B	2.20B	1.36B	1.84B	761.44M
EBITDA	1.63B	1.44B	1.63B	1.60B	1.28B	2.74B
Net Income	256.98M	187.28M	401.66M	549.05M	245.04M	1.90B
Balance Sheet
Total Assets	23.80B	23.91B	24.19B	21.15B	19.95B	19.30B
Cash, Cash Equivalents and Short-Term Investments	1.95B	2.04B	2.12B	2.46B	1.57B	2.53B
Total Debt	4.20B	4.22B	4.65B	4.97B	3.14B	3.09B
Total Liabilities	7.04B	7.20B	7.78B	7.77B	6.27B	6.12B
Stockholders Equity	16.77B	16.71B	16.41B	13.38B	13.68B	13.19B
Cash Flow
Free Cash Flow	928.35M	625.44M	248.81M	-230.75M	-152.23M	-74.10M
Operating Cash Flow	1.59B	1.52B	1.37B	849.62M	1.32B	1.20B
Investing Cash Flow	-596.50M	-824.66M	-1.71B	-2.04B	-1.58B	-826.95M
Financing Cash Flow	-480.60M	-544.10M	-512.65M	1.72B	-48.90M	217.88M

Transport International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.62
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0062, the sentiment is Negative. The current price of 10.62 is below the 20-day moving average (MA) of 10.71, below the 50-day MA of 10.83, and above the 200-day MA of 9.47, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 23.88 is Positive, neither overbought nor oversold. The STOCH value of 12.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0062.

Transport International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0066	76 Outperform	HK$187.44B	10.74	9.59%	4.35%	-0.99%	80.58%
0306	71 Outperform	HK$1.33B	7.09	9.24%	1.38%	15.60%	469.61%
0062	67 Neutral	HK$5.56B	20.61	1.61%	7.48%	2.87%	-35.74%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
0525	63 Neutral	HK$22.33B	15.87	4.61%	3.48%	―	―
0077	62 Neutral	HK$116.92M	179.17	2.23%	8.79%	6.83%	-91.46%

Transport International Holdings Limited Corporate Events

Transport International Renews Connected Property Management Deals for 2026–2028

Transport International Holdings’ wholly owned subsidiary KTRE and Transport Realty Limited have renewed their collaboration with Sun Hung Kai Properties’ subsidiaries for the management of a key property development, covering office and retail units and associated facilities from 2026 to 2028. Under three new agreements, SHK Real Estate (Sales & Leasing) will remain the exclusive marketing, leasing agent and administrator for the office and retail premises and parking spaces, while Kai Shing Management Services will continue as property manager, with all arrangements classified as continuing connected transactions under Hong Kong listing rules, requiring disclosure and annual review but exempt from shareholder approval, thereby ensuring operational continuity in the group’s property portfolio while maintaining regulatory compliance on related-party dealings.

The most recent analyst rating on (HK:0062) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Transport International Holdings Limited stock, see the HK:0062 Stock Forecast page.