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China Investment Development Limited (HK:0204)
:0204
Hong Kong Market

China Investment Development Limited (0204) AI Stock Analysis

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HK:0204

China Investment Development Limited

(0204)

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Underperform 39 (OpenAI - 5.2)
Rating:39Underperform
Price Target:
HK$0.29
▲(15.20% Upside)
The score is primarily constrained by weak financial performance, driven by persistent losses (negative margins) and severe cash flow deterioration. Technicals also point to a broader downtrend with a negative MACD, while valuation is pressured by negative earnings and no stated dividend yield.
Positive Factors
Strong Revenue Growth
Sustained top-line expansion indicates genuine market traction and demand for the firm's offerings. Over 2–6 months this provides a base to scale operations, absorb fixed costs, and pursue margin recovery if management improves operating efficiency and monetization.
Conservative Leverage
Low debt levels give the company structural financial flexibility during a turnaround. With limited mandatory interest payments, management can reallocate scarce cash toward restructuring, product development, or working capital without immediate refinancing pressure.
Lean Operating Headcount
A very small employee base implies a low fixed-cost structure and potential operational scalability. This lean setup can reduce ongoing cash burn, allow quick reallocation of resources, and enable faster implementation of strategic changes with limited payroll overhead.
Negative Factors
Negative Profitability
Persistent negative margins signal the business is destroying value and cannot self-fund growth or dividends. Over months this limits reinvestment, undermines competitive positioning, and increases reliance on external capital or cost cuts to reach sustainable profitability.
Severe Cash Flow Deterioration
Extreme free cash flow decline and negative operating cash relative to income indicate the company cannot generate cash from operations. Structurally, this raises solvency and liquidity risk, constrains strategic initiatives, and may force dilutive financing or asset sales.
Negative Return on Equity
A negative ROE shows the firm is failing to generate returns for shareholders and is eroding book value. Over the medium term this impairs investor confidence, limits access to favorable funding, and signals deeper operational issues that must be corrected to restore capital efficiency.

China Investment Development Limited (0204) vs. iShares MSCI Hong Kong ETF (EWH)

China Investment Development Limited Business Overview & Revenue Model

Company DescriptionChina Investment Development Limited is a principal investment firm. It seeks to invest listed and unlisted companies. The firm invests in industries including but not limited to information technology, telecommunications, manufacturing, service, property, infrastructure, life and environmental sectors. It primarily invests in companies located at Greater China or the Asia-Pacific Region. China Investment Development Limited was founded on March 25, 1998 and is based in Hong Kong.
How the Company Makes MoneyThe company's revenue model is primarily driven by capital gains and rental income from its real estate investments, alongside revenue generated from its stakes in technology and healthcare ventures. Key revenue streams include leasing commercial and residential properties, dividends from equity investments in affiliated companies, and profits from the sale of developed real estate projects. Additionally, China Investment Development Limited often enters into joint ventures and strategic partnerships to enhance its investment capabilities, which can lead to increased earnings through shared projects and resources.

China Investment Development Limited Financial Statement Overview

Summary
China Investment Development Limited is experiencing significant financial challenges, with consistent losses and negative cash flows. Despite a strong revenue growth rate of 55.53%, the company faces substantial losses with a net profit margin of -14.87% and severe cash flow issues, as indicated by a negative free cash flow growth rate of -9322.52%.
Income Statement
30
Negative
The company shows a significant revenue growth rate of 55.53% in the latest year, indicating potential for future growth. However, the net profit margin is deeply negative at -14.87%, reflecting substantial losses. EBIT and EBITDA margins are also negative, suggesting operational inefficiencies.
Balance Sheet
40
Negative
The debt-to-equity ratio is relatively low at 0.14, indicating a conservative leverage position. However, the return on equity is negative, highlighting the company's inability to generate profits from its equity base. The equity ratio is not provided, but the overall financial stability appears weak due to persistent losses.
Cash Flow
25
Negative
The company has a negative free cash flow growth rate of -9322.52%, indicating severe cash flow issues. The operating cash flow to net income ratio is negative, suggesting that the company is not generating sufficient cash from its operations to cover its net losses.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue10.48M10.48M8.08M12.04M-6.03M-3.83M
Gross Profit10.48M10.48M8.08M9.26M-6.75M370.00K
EBITDA-136.74M-152.44M-25.00M-16.36M-35.19M-16.03M
Net Income-155.80M-155.80M-28.73M-22.80M-20.01M-15.45M
Balance Sheet
Total Assets379.09M379.09M520.70M325.65M235.66M54.51M
Cash, Cash Equivalents and Short-Term Investments206.44M206.44M239.09M154.73M126.86M37.22M
Total Debt37.81M37.81M58.87M43.77M5.56M0.00
Total Liabilities116.74M116.74M142.58M51.97M11.65M5.18M
Stockholders Equity262.35M262.35M378.13M273.68M224.02M49.33M
Cash Flow
Free Cash Flow-168.31M-168.31M-27.94M-10.56M-16.11M-6.06M
Operating Cash Flow-168.31M-168.31M-27.84M-10.39M-15.79M-6.06M
Investing Cash Flow141.97M140.77M-190.26M-101.09M-115.49M3.27M
Financing Cash Flow13.70M12.77M231.82M78.62M194.34M21.61M

China Investment Development Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.25
Price Trends
50DMA
0.47
Negative
100DMA
0.66
Negative
200DMA
0.79
Negative
Market Momentum
MACD
-0.04
Negative
RSI
48.33
Neutral
STOCH
73.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0204, the sentiment is Neutral. The current price of 0.25 is above the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.47, and below the 200-day MA of 0.79, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 48.33 is Neutral, neither overbought nor oversold. The STOCH value of 73.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0204.

China Investment Development Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
66
Neutral
HK$54.68M4.8912.66%43.59%104.35%
50
Neutral
HK$124.23M-2.00
49
Neutral
HK$26.88M-1.86-35.08%-64.18%63.16%
46
Neutral
HK$722.54M-27.48-30.83%
44
Neutral
HK$153.36M144.0020.49%56.79%
39
Underperform
HK$63.30M-0.07-53.23%-26.78%-166.41%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0204
China Investment Development Limited
0.28
-1.90
-87.38%
HK:0310
Prosperity Investment Holdings Limited
0.20
0.10
100.00%
HK:0339
Core Economy Investment Group Limited
0.36
0.21
136.84%
HK:0768
UBA Investments Ltd.
0.05
0.02
53.33%
HK:0080
China New Economy Fund Ltd.
0.36
0.29
445.45%
HK:0810
China Internet Investment Finance Holdings Ltd.
0.14
-0.06
-31.16%

China Investment Development Limited Corporate Events

Capital Realm Financial Holdings Reports HK$1.718 Unaudited NAV Per Share as of End-2025
Jan 15, 2026

Capital Realm Financial Holdings Group Limited reported an unaudited consolidated net asset value (NAV) per share of approximately HK$1.718 as at 31 December 2025, calculated on 207,545,940 shares in issue. The disclosure provides investors with an updated snapshot of the company’s underlying asset backing per share, offering a reference point for assessing valuation and balance sheet strength, though it does not include further operational or performance details.

The most recent analyst rating on (HK:0204) stock is a Sell with a HK$0.20 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial to Raise HK$7.36 Million via Share Placing for Future Investments
Dec 24, 2025

Capital Realm Financial Holdings Group Limited has entered into a placing agreement with Cheong Lee Securities Limited and Berkshire Capitals Limited to issue up to 41,509,188 new shares, representing 20% of its existing issued share capital, at HK$0.183 per share to at least six independent professional investors. The placement, which is subject to Stock Exchange approval for listing and dealing of the new shares, is expected to raise net proceeds of about HK$7.36 million (assuming full placement) for future investment opportunities, resulting in a dilution of existing shareholders’ stakes to approximately 16.67% of the enlarged share capital and modestly strengthening the company’s capital base for expansion in its investment activities.

The most recent analyst rating on (HK:0204) stock is a Hold with a HK$0.20 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial to Rebrand as Huaxia Global Holdings
Dec 19, 2025

Capital Realm Financial Holdings Group Limited plans to change its English name to Huaxia Global Holdings Company Limited and its Chinese name to 華夏寰球控股有限公司, revising an earlier proposed new name. The change, which requires approval from shareholders at a Special General Meeting and the Bermuda Registrar of Companies, is aimed at refreshing the company’s corporate image to support future business development and is not expected to affect shareholder rights, daily operations or the firm’s financial position. Existing share certificates will remain valid without any exchange arrangement, while new certificates, stock short names on the Hong Kong Stock Exchange, and a new corporate logo will be adopted once the new name becomes effective, signalling a rebranding effort without operational disruption for investors and other stakeholders.

The most recent analyst rating on (HK:0204) stock is a Hold with a HK$0.20 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial Holdings Announces Net Asset Value Update
Dec 15, 2025

Capital Realm Financial Holdings Group Limited announced its unaudited consolidated net asset value per share as of November 30, 2025, which stands at approximately HK$1.733. This financial update is based on the 207,545,940 shares currently issued by the company. The announcement provides stakeholders with a crucial insight into the company’s financial health and market position as of the specified date.

The most recent analyst rating on (HK:0204) stock is a Hold with a HK$0.20 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial Holdings Reports Increased Interim Losses
Nov 28, 2025

Capital Realm Financial Holdings Group Limited, listed on the Hong Kong Stock Exchange, reported its unaudited interim results for the six months ending September 30, 2025. The company experienced a significant operating loss of HK$46.3 million compared to a loss of HK$10.1 million in the same period in 2024, primarily due to a net realized loss on financial assets and increased finance costs. This financial downturn could impact the company’s market positioning and stakeholder confidence.

The most recent analyst rating on (HK:0204) stock is a Hold with a HK$0.93 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial Holdings Adjusts Rights Issue Proceeds for Medical Device Investments
Nov 26, 2025

Capital Realm Financial Holdings Group Limited has announced a change in the allocation of proceeds from its Rights Issue. The company, which had initially planned to use the funds for bond repayment, future investments, and general working capital, is now reallocating a portion of the remaining proceeds towards investments in the medical device industry. This strategic shift aims to enhance fund utilization efficiency and capitalize on growth opportunities, reflecting the company’s ongoing efforts to optimize its investment strategy and diversify its business interests.

The most recent analyst rating on (HK:0204) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial Holdings Schedules Board Meeting for Financial Review
Nov 18, 2025

Capital Realm Financial Holdings Group Limited announced that its board of directors will meet on November 28, 2025, to review and approve the unaudited consolidated financial statements for the six months ending September 30, 2025. The board will also consider the payment of an interim dividend, which could impact the company’s financial strategy and shareholder returns.

The most recent analyst rating on (HK:0204) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial Holdings Releases Net Asset Value Update
Nov 14, 2025

Capital Realm Financial Holdings Group Limited has announced its unaudited consolidated net asset value per share as of October 31, 2025, which stands at approximately HK$1.429. This financial update reflects the company’s current valuation based on its issued shares, providing stakeholders with insight into its financial health and market positioning.

The most recent analyst rating on (HK:0204) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial Holdings Unveils New Share Scheme
Nov 14, 2025

Capital Realm Financial Holdings Group Limited has announced a New Share Scheme, which was adopted following a resolution at the annual general meeting on 30 September 2024. The scheme allows for the issuance of up to 86,478,971 shares, representing approximately 8.33% of the company’s issued share capital as of 31 March 2025. This initiative is designed to provide options and awards to service providers, enhancing the company’s market positioning and potentially impacting shareholder value. The scheme offers flexibility in terms of exercise periods and purchase prices, with the board having discretion over these terms.

The most recent analyst rating on (HK:0204) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial Appoints New Joint Chairman Amid Compliance Challenge
Nov 10, 2025

Capital Realm Financial Holdings Group Limited has announced the appointment of Mr. Zhang Zixing as a Non-executive Director and Joint Chairman, effective November 10, 2025. Mr. Zhang brings over 13 years of experience in business and brand management, with a strong background in corporate strategic investment planning and business incubation. Despite his appointment, the company faces non-compliance with the Hong Kong Stock Exchange’s listing rules, as the board now lacks the required number of independent non-executive directors. The company is actively seeking a suitable candidate to fill this vacancy within three months to ensure compliance.

The most recent analyst rating on (HK:0204) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial Holdings Announces Board Composition and Committee Roles
Nov 10, 2025

Capital Realm Financial Holdings Group Limited has announced the list of its board of directors and their respective roles within the company. The board comprises non-executive directors, executive directors, and independent non-executive directors, with various members serving on the company’s four key committees: Audit, Remuneration, Nomination, and Risk Management. This announcement reflects the company’s commitment to structured governance and strategic oversight, potentially impacting its operational efficiency and stakeholder confidence.

The most recent analyst rating on (HK:0204) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Capital Realm Financial Holdings Group Withdraws Winding-Up Petition
Oct 23, 2025

Capital Realm Financial Holdings Group Limited has announced the withdrawal of a winding-up petition against it. This development, ordered by the Hong Kong High Court following a joint application by the company and the petitioner, marks a significant step in stabilizing the company’s operations and potentially improving its standing in the financial market.

The most recent analyst rating on (HK:0204) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Investment Development Limited stock, see the HK:0204 Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 17, 2026