Cinda International Holdings Limited (0111) AI Stock Analysis

• Market Cap: HK$333.43M
• Dividend Yield: N/A
• Average Volume (3M): 3.30M
• Price to Earnings (P/E): 32.3
• Beta (1Y): 1.62
• Revenue Growth: 31.33%
• EPS Growth: N/A
• Country: HK
• Employees: 78
• Sector: Financial
• Sector Strength: 65
• Industry: Financial - Capital Markets
• EPS (TTM): >-0.01
• Shares Outstanding: 641,205,600
• 10 Day Avg. Volume: 1,774,400
• 30 Day Avg. Volume: 3,298,472
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$0.46
• Price Target Upside: -11.77% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: HK$0.50 ▼(-3.85%Downside)

The overall score reflects improved operational efficiency but is constrained by weak cash flow generation and profitability. Technical indicators show positive momentum, yet the valuation suggests potential overvaluation due to a high P/E ratio without dividend support.

Cinda International Holdings Limited Business Overview & Revenue Model

Company Description

Cinda International Holdings Limited (0111) is a diversified financial services company based in Hong Kong. It operates across various sectors including asset management, securities trading, and financial advisory. The company offers a range of financial products and services designed to cater to the investment and financial needs of institutional and individual clients.

How the Company Makes Money

Cinda International Holdings Limited primarily makes money through its asset management and securities trading operations. The company earns revenue by managing investment portfolios for clients and charging management fees based on the assets under management. Additionally, it generates income from securities trading by executing buy and sell orders on behalf of clients and earning commissions on these transactions. The company may also provide financial advisory services, generating advisory fees for consulting with corporate and individual clients on financial strategies. Significant partnerships with other financial institutions can enhance its service offerings and contribute to its earnings by expanding its client base and increasing transaction volumes.

Cinda International Holdings Limited Financial Statement Overview

Summary

The company's financial performance is hindered by inconsistent revenue growth and poor cash flow generation. Despite improvements in operational efficiency, the net profit margin and cash flow remain concerns, impacting overall financial health.

Income Statement

The company has shown fluctuating revenue and profit margins over recent years. While the gross profit margin for 2024 was strong at 100%, the net profit margin was much lower at 6.9% due to high operational expenses. Revenue growth has been inconsistent, with a slight increase of 2.9% from 2023 to 2024, but overall there has been a downward trend from 2020 levels. EBIT and EBITDA margins have improved from 2023 to 2024, indicating better operational efficiency.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio of 0.76 in 2024, indicating a balanced leverage position. The equity ratio stands at 50.2%, suggesting a stable capital structure. However, there was minimal change in stockholders' equity over the recent year, indicating limited retained earnings or capital infusion. Return on equity improved to 1.1% in 2024, showing a slight recovery in profitability.

Cash Flow

Cash flow performance has been weak, with a negative operating cash flow of $16.05 million in 2024 and deteriorating free cash flow. This indicates challenges in generating cash from operations. The free cash flow to net income ratio is negative, highlighting inefficiencies in converting earnings into cash. The cash flow from financing activities improved, but overall cash generation remains a concern.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	195.51M	145.64M	127.21M	230.29M	285.35M
Gross Profit	132.17M	81.41M	87.91M	178.68M	230.67M
EBITDA	72.06M	49.74M	26.60M	67.92M	100.20M
Net Income	10.34M	-12.85M	-22.41M	57.79M	83.67M
Balance Sheet
Total Assets	1.86B	1.65B	1.67B	2.11B	2.55B
Cash, Cash Equivalents and Short-Term Investments	906.25M	785.68M	743.39M	1.14B	1.44B
Total Debt	713.56M	513.45M	507.52M	798.87M	1.04B
Total Liabilities	928.40M	706.34M	717.60M	1.08B	1.56B
Stockholders Equity	935.80M	940.13M	948.11M	1.02B	989.10M
Cash Flow
Free Cash Flow	-17.42M	53.69M	5.12M	15.95M	208.42M
Operating Cash Flow	-16.06M	55.06M	8.88M	21.15M	210.24M
Investing Cash Flow	-406.78M	-99.76M	166.32M	217.48M	-186.73M
Financing Cash Flow	175.92M	-19.04M	-351.33M	-268.24M	187.32M

Cinda International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.52
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0111, the sentiment is Neutral. The current price of 0.52 is below the 20-day moving average (MA) of 0.55, above the 50-day MA of 0.42, and above the 200-day MA of 0.31, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 50.65 is Neutral, neither overbought nor oversold. The STOCH value of 42.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0111.

Cinda International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0335	63 Neutral	HK$1.82B	26.25	2.46%	2.94%	-15.77%	-47.32%
Sector *	58 Neutral	HK$96.23B	5.61	-3.67%	5.07%	6.62%	-43.35%
0111	50 Neutral	HK$333.43M	32.30	1.08%	―	31.33%	―
93W	―	€220.48M	―		―	―	―
TJV	―		―		―	―	―
ABM	―		―		―	―	―
HQF	―	€66.77M	7.14	2.36%	―	―	―

Cinda International Holdings Limited Corporate Events

Cinda International Expands Investment Portfolio with Bond Acquisition

Cinda International Holdings Limited has acquired US$2 million worth of bonds for approximately US$1.88 million on the open market. This acquisition is part of the company’s strategy to diversify its investment portfolio and enhance its fixed income investment business, aiming to generate stable returns and support growth.

Cinda International Redeems Fund Shares in Discloseable Transaction

Cinda International Holdings Limited announced the redemption of 40,000 Subscription Shares in a Fund for approximately US$3.91 million. This redemption is classified as a discloseable transaction under the Listing Rules, as it exceeds a 5% threshold but remains below 25%, thus requiring notification and announcement without shareholder approval. The redemption reduces the company’s holding to 60,000 Subscription Shares, representing 12.22% of the Fund’s total net asset value, which continues to be accounted for as an associate of the company. The Fund, managed by CPICM with CIAM as an investment adviser, aims for a risk-adjusted total return from a global multi-asset portfolio.

Cinda International Acquires Bonds to Boost Investment Portfolio

Cinda International Holdings Limited has acquired US$2.1 million worth of 6.98% bonds on the open market, aiming to diversify its investment portfolio and generate stable returns. This acquisition aligns with the company’s growth strategy and supports its fixed income investment business, reflecting a strategic move to enhance its market positioning.

Cinda International Acquires Liaocheng and Lunan Bonds

Cinda International Holdings Limited has announced the acquisition of two sets of bonds, Liaocheng Bonds and Lunan Bonds, each with a principal amount of US$2 million. These acquisitions, made on June 27, 2025, are considered discloseable transactions under the Hong Kong Stock Exchange Listing Rules, as they exceed 5% of the applicable percentage ratios but are below 25%. The acquisitions were funded through internal resources and credit facilities, and the bonds will be accounted for as fixed income investments. This strategic move could enhance Cinda International’s investment portfolio and potentially strengthen its financial position.

Cinda International Secures $13.5 Million Loan Facility with Performance Obligations

Cinda International Holdings Limited has entered into a Facility Agreement with a licensed bank in China for a revolving loan facility of up to US$13.5 million. This agreement imposes specific performance obligations on the company’s controlling shareholders, with potential consequences including the adjustment or termination of the loan facility if these obligations are not met.

Cinda International Expands Portfolio with Strategic Bond Acquisition

Cinda International Holdings Limited has acquired RMB26 million worth of bonds from the open market, a move aimed at diversifying its investment portfolio and generating stable returns. This acquisition aligns with the company’s growth strategy in fixed income investments, and it is considered a fair and reasonable decision that benefits the company and its shareholders.

Cinda International Acquires Bonds Worth RMB66.5 Million

Cinda International Holdings Limited has announced the acquisition of three sets of bonds: Shandong Zhengfang Bonds, Weifang Water Bonds, and Weifang Ocean Investment Bonds, totaling a principal amount of RMB66.5 million. These acquisitions are considered discloseable transactions under the Listing Rules, as they exceed 5% of applicable percentage ratios but are below 25%, thus requiring notification and announcement without needing shareholder approval. The acquisitions are strategic financial moves that may enhance the company’s investment portfolio and market positioning.