Cinda International Holdings Limited (0111) AI Stock Analysis

• Market Cap: €294.95M
• Dividend Yield: N/A
• Average Volume (3M): 718.21K
• Price to Earnings (P/E): 22.2
• Beta (1Y): 1.66
• Revenue Growth: 22.62%
• EPS Growth: N/A
• Country: HK
• Employees: 78
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.03
• Shares Outstanding: 641,205,600
• 10 Day Avg. Volume: 866,400
• 30 Day Avg. Volume: 718,207
• PEG Ratio: -0.09
• Price to Book (P/B): 0.18
• Price to Sales (P/S): 0.87
• P/FCF Ratio: -9.75
• 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: €0.54
• Price Target Upside: 15.63% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: HK$0.50 ▲(6.38% Upside)

The overall stock score of 50 reflects a balanced view of Cinda International Holdings Limited. The primary concerns are inconsistent revenue growth and weak cash flow generation, despite improved operational efficiency. Technical indicators suggest a neutral market position, and the valuation is moderate. The absence of earnings call data and corporate events limits additional insights.

Cinda International Holdings Limited Business Overview & Revenue Model

Company Description

Cinda International Holdings Limited, an investment holding company, provides asset management services in Hong Kong and Mainland China. The company operates through Asset Management, Sales and Trading Business, and Corporate Finance segments. The Asset Management segment provides advisory and related auxiliary services on fund management, as well as other related proprietary investment services; and manages private funds. The Sales and Trading Business segment offers broking services in securities, equity linked products, unit trusts, stock options, and commodities and futures contracts, as well as underwriting, placing, and margin financing services to broking clients. This segment also acts as an agent for the sale of savings plans, general and life insurance, and other investment linked insurance products. The Corporate Finance segment offers corporate finance and advisory services on equity and debt financing to companies listed or seeking listing on Hong Kong or other stock exchanges; and other unlisted corporates. The company also offers fund management services; and administrative support, research, and consultancy services. It serves individuals, corporates, enterprises, and institutional customers. The company was formerly known as Hantec Investment Holdings Limited and changed its name to Cinda International Holdings Limited in November 2008. Cinda International Holdings Limited was incorporated in 2000 and is headquartered in Central, Hong Kong. Cinda International Holdings Limited is a subsidiary of Cinda Securities Co., Ltd.

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

Cinda International Holdings Limited's financial performance reflects both challenges and improvements. Operational efficiency has improved with better EBIT and EBITDA margins, but the company struggles with consistent revenue growth and cash flow generation. Leverage is moderate, but profitability remains a concern with a low net profit margin and weak cash flow performance.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	147.53M	195.51M	145.64M	127.21M	230.29M	285.35M
Gross Profit	147.53M	132.17M	81.41M	87.91M	178.68M	230.67M
EBITDA	88.36M	72.06M	49.74M	26.60M	67.92M	100.20M
Net Income	13.73M	10.34M	-12.85M	-22.41M	57.79M	83.67M
Balance Sheet
Total Assets	2.44B	1.86B	1.65B	1.67B	2.11B	2.55B
Cash, Cash Equivalents and Short-Term Investments	321.29M	906.25M	785.68M	743.39M	1.14B	1.44B
Total Debt	1.17B	713.56M	513.45M	507.52M	798.87M	1.04B
Total Liabilities	1.45B	928.40M	706.34M	717.60M	1.08B	1.56B
Stockholders Equity	982.43M	935.80M	940.13M	948.11M	1.02B	989.10M
Cash Flow
Free Cash Flow	40.32M	-17.42M	53.69M	5.12M	15.95M	208.42M
Operating Cash Flow	42.97M	-16.06M	55.06M	8.88M	21.15M	210.24M
Investing Cash Flow	-687.49M	-406.78M	-99.76M	188.26M	268.10M	-186.73M
Financing Cash Flow	438.39M	175.92M	-19.04M	-369.38M	-268.24M	187.32M

Cinda International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.47
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0111, the sentiment is Positive. The current price of 0.47 is below the 20-day moving average (MA) of 0.47, below the 50-day MA of 0.52, and above the 200-day MA of 0.37, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 46.69 is Neutral, neither overbought nor oversold. The STOCH value of 91.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
0717	69 Neutral	HK$997.65M	11.83	2.36%	―	-4.56%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
0335	64 Neutral	HK$1.90B	27.41	2.46%	2.21%	-25.99%	-19.06%
0111	50 Neutral	€294.95M	22.20	1.47%	―	22.62%	―
0030	44 Neutral	HK$1.94B	91.07	―	―	―	―
0993	39 Underperform	€1.59B	―	―	―	-78.40%	-196.19%
0812	31 Underperform	$109.85M	―	―	―	-73.92%	75.00%

Cinda International Holdings Limited Corporate Events

Cinda International Holdings Schedules Board Meeting for Interim Results

Cinda International Holdings Limited has announced a board meeting scheduled for August 27, 2025, to discuss and approve the interim results for the first half of the year ending June 30, 2025. The meeting will also consider the payment of dividends, which could impact shareholder returns and reflect the company’s financial health.

Cinda International Completes Redemption of Fund Shares

Cinda International Holdings Limited announced the redemption of 60,000 Subscription Shares in a Fund at a total price of approximately US$5.81 million. This transaction is classified as a discloseable transaction under the Listing Rules, requiring notification and announcement but not shareholder approval. Following the redemption, the company no longer holds any Subscription Shares, and the Fund is no longer considered an associate of the company.

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.