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China Chengtong Development Group Limited
(Frankfurt:0217)
China Chengtong Development Group Limited (0217) vs. iShares MSCI Hong Kong ETF (EWH)
China Chengtong Development Group Limited Business Overview & Revenue Model
China Chengtong Development Group Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 331.87M | 552.64M | 740.01M | 1.28B | 1.17B | 931.69M |
| Gross Profit | 125.28M | 204.47M | 296.74M | 252.35M | 272.31M | 186.22M |
| EBITDA | 115.25M | 210.04M | 258.63M | 177.78M | 219.11M | 189.90M |
| Net Income | 16.88M | 38.63M | 68.00M | 76.07M | 104.22M | 121.37M |
Balance Sheet | ||||||
| Total Assets | 9.13B | 8.38B | 10.57B | 10.01B | 8.17B | 3.91B |
| Cash, Cash Equivalents and Short-Term Investments | 1.82B | 1.06B | 726.26M | 533.56M | 1.45B | 972.91M |
| Total Debt | 5.70B | 4.91B | 6.76B | 6.22B | 4.43B | 369.65M |
| Total Liabilities | 6.26B | 5.61B | 7.71B | 7.07B | 5.03B | 921.48M |
| Stockholders Equity | 2.87B | 2.76B | 2.86B | 2.93B | 3.13B | 2.98B |
Cash Flow | ||||||
| Free Cash Flow | 596.50M | 2.37B | -375.58M | -2.89B | -3.49B | -711.40M |
| Operating Cash Flow | 603.52M | 2.40B | -375.25M | -2.43B | -3.48B | -586.34M |
| Investing Cash Flow | 17.89M | 8.95M | 73.00M | -441.81M | 30.83M | 593.78M |
| Financing Cash Flow | 162.40M | -2.05B | 535.23M | 1.86B | 3.90B | 58.33M |
China Chengtong Development Group Limited Technical Analysis
China Chengtong Development Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | HK$585.87M | 3.51 | 12.17% | 6.22% | -9.66% | 21.61% | |
| ― | €798.68M | 5.02 | 6.32% | 5.68% | 16.92% | 146.69% | |
| ― | HK$221.28M | 5.01 | 4.73% | ― | -20.52% | -68.47% | |
| ― | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
| ― | HK$308.40M | 1.12 | 19.13% | ― | -13.26% | 63.38% | |
| ― | €1.12B | -2.51 | -15.58% | ― | -8.38% | -86.16% | |
| ― | HK$761.97M | 35.14 | 0.80% | 1.63% | -37.08% | -60.64% |
China Chengtong Development Group Limited Corporate Events
China Chengtong Development Group Limited has entered into a Financial Services Agreement with its subsidiary, Chengtong Finance, to provide a variety of financial services to the Group for a three-year term. This agreement includes deposit services, credit facilities, and settlement services, with certain aspects requiring shareholder approval due to their classification as major transactions under Hong Kong’s Listing Rules. The agreement is expected to enhance the company’s financial operations without requiring asset security, thereby potentially improving its market positioning and operational efficiency.
China Chengtong Development Group Limited, through its subsidiary Chengtong Financial Leasing, has entered into a significant sale and leaseback arrangement with China Railway Co-Lessees. This transaction involves purchasing and leasing back railway assets for two years, subject to shareholder approval and other conditions. The arrangement is considered a very substantial acquisition, exceeding 100% of the applicable percentage ratio, thus requiring notification and approval under Hong Kong’s Listing Rules. A general meeting will be held to seek shareholder approval, with a circular to be dispatched by mid-November 2025.
China Chengtong Development Group Limited, through its subsidiary Chengtong Financial Leasing, has entered into significant sale and leaseback agreements with PowerChina Real Estate and its co-lessees. These agreements involve purchasing leased assets and leasing them back for two years, subject to shareholder approval and other conditions. The arrangements are considered very substantial acquisitions under Hong Kong’s Listing Rules, requiring shareholder notification and approval due to their scale. This move could enhance the company’s market position and financial offerings, impacting stakeholders and aligning with its strategic goals.
China Chengtong Development Group Limited announced a major sale and leaseback transaction through its subsidiary, Chengtong Financial Leasing, involving assets worth RMB100 million. This transaction, which is part of a series of similar agreements, highlights the company’s strategic financial operations and requires shareholder approval due to its significant scale, reflecting its impact on the company’s financial structure and industry positioning.
China Chengtong Development Group Limited announced a sale and leaseback arrangement through its subsidiary, Chengtong Financial Leasing, involving assets from a lessee owned by China Huadian. This transaction, valued at RMB50 million, is considered a discloseable transaction under Hong Kong’s Listing Rules due to its aggregated percentage ratio with a previous transaction. The deal highlights the company’s strategic focus on financial leasing and its continued collaboration with entities in the new energy sector.
China Chengtong Development Group Limited announced a delay in the dispatch of a circular related to major transactions involving a Sale and Leaseback Arrangement and Leased Assets Transfer Arrangements. The company has been granted a waiver by the Stock Exchange to extend the deadline for dispatching the circular to 17 October 2025, allowing additional time to prepare and finalize the necessary information.
China Chengtong Development Group Limited has announced changes in its company secretary positions. Mr. Poon Tsz Kin has resigned as company secretary, and Ms. Liu Chang and Mr. Cheng King Yip have been appointed as joint company secretaries effective September 26, 2025. Ms. Liu brings extensive experience in capital markets and corporate finance, while Mr. Cheng has a strong background in company secretarial services and corporate governance. The company has also obtained a waiver from strict compliance with certain listing rules, reflecting its commitment to maintaining effective governance structures.
China Chengtong Development Group Limited has announced a major transaction involving its subsidiary, Chengtong Financial Leasing, which has entered into Leased Assets Transfer Agreements with Co-Lessees. This arrangement involves purchasing leased assets from the Co-Lessees and leasing them back, marking a significant transaction under Hong Kong’s Listing Rules due to its size. The transaction has received shareholder approval from its controlling shareholder, negating the need for a general meeting. This move is expected to strengthen the company’s leasing operations and enhance its market positioning.
China Chengtong Development Group Limited, through its subsidiary Chengtong Financial Leasing, has entered into a significant sale and leaseback arrangement. This transaction involves purchasing leased assets from a lessee and leasing them back for a three-year term. The arrangement is classified as a major transaction under Hong Kong’s Listing Rules, requiring shareholder approval. However, the company has secured written approval from its controlling shareholder, China Chengtong Hong Kong Company Limited, which holds a majority stake, thus bypassing the need for a general meeting.
China Chengtong Development Group Limited, through its subsidiary Chengtong Financial Leasing, has entered into a major sale and leaseback agreement with co-lessees, involving assets worth RMB400 million. This transaction, which exceeds a 25% threshold of applicable percentage ratios, is classified as a major transaction under Hong Kong’s Listing Rules, requiring shareholder approval. The company has secured the necessary written approval from its controlling shareholder, eliminating the need for a general meeting. This arrangement is expected to enhance the company’s financial operations and provide leasing solutions to its partners, potentially impacting its market positioning positively.
China Chengtong Development Group Limited has announced a change in its registered office address to 22/F., Li Po Chun Chambers, 189 Des Voeux Road Central, Hong Kong, effective from September 1, 2025. This change is part of the company’s ongoing operational adjustments and may impact its logistical and administrative functions, although no specific implications for stakeholders were mentioned.
China Chengtong Development Group Limited, through its subsidiary Chengtong Financial Leasing, has entered into major sale and leaseback agreements with Dancheng & First Metallurgical and Songwei & First Metallurgical. These agreements, which involve purchasing and leasing back assets for a three-year term, are significant transactions under Hong Kong’s Listing Rules, requiring shareholder approval. The arrangements exceed 25% of the applicable percentage ratio, necessitating notification and approval processes, which have been met through written consent from the controlling shareholder.
China Chengtong Development Group Limited has announced a delay in the dispatch of a circular related to major transactions, including an assignment, re-assignment option, and a sale and leaseback arrangement. The company has received a waiver from the Stock Exchange to extend the deadline for sending out the circular to September 19, 2025, due to the need for additional time to prepare and finalize the necessary information.
China Chengtong Development Group Limited announced its unaudited consolidated interim results for the first half of 2025, revealing a significant decrease in revenue and profit compared to the same period in 2024. The company’s revenue fell from HK$323,471,000 in 2024 to HK$205,410,000 in 2025, and profit for the period dropped from HK$26,855,000 to HK$10,011,000, indicating challenges in maintaining profitability amidst rising costs and reduced sales.
China Chengtong Development Group Limited has issued a profit warning, indicating a significant decrease in its consolidated profit after tax for the first half of 2025. The company expects a profit of approximately HK$10 million, marking a 63% decline compared to the same period in 2024. This downturn is attributed to a lukewarm global economic recovery, geopolitical and economic changes, falling interest rates in China, and a tight supply of high-quality assets, which have notably impacted the leasing segment’s revenue and gross profit.
China Chengtong Development Group Limited has announced a board meeting scheduled for August 25, 2025, to approve the interim results for the first half of the year and consider an interim dividend. This meeting could have implications for the company’s financial performance and investor relations, as it will determine the company’s interim financial health and potential shareholder returns.
China Chengtong Development Group Limited announced a significant transaction involving its subsidiary, Chengtong Financial Leasing, which has entered into agreements with PowerChina Leasing to acquire leased assets for RMB380 million. This transaction, classified as a major one under the Listing Rules, involves an assignment, a re-assignment option, and a sale and leaseback arrangement, all of which have received the necessary shareholder approvals, negating the need for a general meeting. This move is expected to impact the company’s operations by expanding its leasing portfolio and strengthening its market position, with implications for stakeholders in terms of increased asset management capabilities.
China Chengtong Development Group Limited announced a delay in the dispatch of a circular related to a major transaction involving a sale and leaseback arrangement with Baosteel Desheng Stainless Steel Co., Ltd. The company has been granted a waiver to extend the deadline for this dispatch, highlighting the importance of finalizing the necessary information for stakeholders.