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China Chengtong Development Group Limited
(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 |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$735.20M | 4.40 | 12.17% | 6.28% | -9.66% | 21.61% | |
71 Outperform | HK$735.15M | 4.62 | 6.32% | 5.81% | 16.92% | 146.69% | |
68 Neutral | HK$221.28M | 5.01 | 4.73% | ― | -20.52% | -68.47% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | HK$267.95M | 0.98 | 19.13% | ― | -13.26% | 63.38% | |
49 Neutral | HK$1.08B | -2.42 | -15.58% | ― | -8.38% | -86.16% | |
47 Neutral | HK$738.16M | 33.51 | 0.80% | 1.61% | -37.08% | -60.64% |
China Chengtong Development Group Limited Corporate Events
China Chengtong Development Group Limited has announced that its subsidiary, Chengtong Financial Leasing, will acquire from an independent transferor a portfolio of lease-related rights, including the assigned properties and the right to receive all lease payments and other sums due from an existing lessee, for an expected consideration of about RMB237.59 million, subject to adjustment on the actual transfer date. The transaction qualifies as a major transaction under Hong Kong’s Listing Rules, triggering disclosure and shareholder approval requirements; however, as no other shareholders have a material interest and the company’s controlling shareholder has provided written approval, no general meeting will be held, and a circular detailing the assignment and leasing arrangement will be sent to shareholders by 20 January 2026, underscoring the group’s continued expansion of its financial leasing asset base and revenue-generating lease receivables.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited has announced that its indirect wholly owned subsidiary, Chengtong Financial Leasing, will acquire certain leased assets and related receivables from an existing lessor under a sale-and-leaseback arrangement for an expected consideration of about RMB245.46 million (approximately HK$267.55 million). Following the transfer, which carries a lease term of roughly 42 months subject to early termination, Chengtong Financial Leasing will be entitled to receive all lease payments and other sums due from the lessee, with the deal classified as a major transaction under Hong Kong listing rules. As the applicable percentage ratios for both the assignment and the sale-and-leaseback exceed 25% but are below 100%, the transactions require notification, announcement, circular and shareholder approval, which the company has already secured in writing from its controlling shareholder, removing the need for a general meeting and paving the way for implementation once conditions are met.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited has announced that its subsidiary, Chengtong Financial Leasing, entered into sale and leaseback agreements on 23 December 2025 with certain co-lessees under which it will purchase leased assets for RMB30 million and lease them back for a three-year term, subject to early termination conditions. Because these agreements, when aggregated with previous transactions involving subsidiaries of China Minmetals, exceed the 25% threshold under Hong Kong Listing Rules, the arrangement is classified as a major transaction requiring shareholder approval; this has been obtained by written consent from the company’s controlling shareholder, eliminating the need for a general meeting and paving the way for execution of the financing structure, with a circular to be dispatched to shareholders by 16 January 2026.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited has announced that its indirect wholly owned subsidiary, Chengtong Financial Leasing, entered into sale and leaseback agreements on 22 December 2025 with an unnamed lessee, under which it will acquire certain assets from the lessee and lease them back for a three‑year term, subject to potential early termination. The transaction size meets the thresholds for a major transaction under Hong Kong listing rules, triggering disclosure and shareholder approval requirements; however, the company has already secured written approval from its controlling shareholder, which holds about 53.14% of its issued share capital, meaning no general meeting will be convened and a circular with further details will be sent to shareholders by 15 January 2026, streamlining execution of the financing arrangement and underscoring the role of financial leasing in the group’s business model.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group’s indirect wholly owned unit, Chengtong Financial Leasing, has entered into a sale and leaseback agreement with an independent thermal power generation company, under which it will acquire certain assets for RMB100 million and lease them back to the counterparty for a two-year term, with provisions for early termination if conditions are not met. The transaction, which qualifies as a discloseable transaction under Hong Kong listing rules as its size exceeds 5% but is below 25% of the relevant percentage ratios, underscores the group’s ongoing expansion in asset-backed financing and strengthens its ties with state-backed energy sector clients, potentially enhancing its leasing portfolio and recurring income base while remaining within mid-sized deal parameters for shareholders.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited announced a major transaction involving its indirect wholly-owned subsidiary, Chengtong Financial Leasing, entering into a sale and leaseback arrangement on December 17, 2025. The transaction, which involves purchasing and leasing assets back to the lessee for two years, exceeds the 25% threshold for percentage ratios and is classified as a major transaction under the Listing Rules. Written approval was obtained from the controlling shareholder, negating the need for a general meeting. The move reflects the company’s strategy to enhance its operational model and financial flexibility while maintaining compliance with listing regulations.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited announced a major transaction involving a Sale and Leaseback Arrangement through its subsidiary, Chengtong Financial Leasing. This arrangement, valued at RMB200 million, entails the purchase and subsequent leaseback of assets to the lessee, with a lease term of three years. The transaction aligns with the company’s focus on financial leasing services and adheres to Hong Kong Stock Exchange regulatory requirements. Written shareholder approval has been secured, and no general meeting will be required. The initiative is expected to solidify the company’s financial operations and its strategic positioning within the leasing industry, benefiting stakeholders and ensuring compliance with listing rules.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited has announced a major transaction involving a sale and leaseback arrangement through its subsidiary, Chengtong Financial Leasing. This arrangement, which involves purchasing and leasing back assets to a lessee for three years, is significant as it exceeds 25% of the company’s applicable percentage ratio, necessitating shareholder approval. The company has already secured written approval from its controlling shareholder, negating the need for a general meeting. This strategic move is expected to impact the company’s operations by enhancing its financial leasing portfolio and strengthening its market position.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited announced a major sale and leaseback transaction through its subsidiary, Chengtong Financial Leasing, involving the purchase and subsequent leaseback of assets from a lessee. This transaction, which exceeds 25% of the applicable percentage ratio, has been approved by the controlling shareholder, eliminating the need for a general meeting. The arrangement is expected to strengthen the company’s financial operations and market positioning.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited has announced a delay in the dispatch of a circular related to its major transaction involving a sale and leaseback arrangement with Hebei Jingtang Industrial Technology Co., Ltd. and China 22nd Metallurgical Construction Corporation Limited. The company has applied for a waiver from the Stock Exchange to extend the deadline for dispatching the circular to January 19, 2026, citing the need for additional time to prepare and finalize the necessary information. This delay indicates the company’s ongoing commitment to complying with regulatory requirements while managing its operational timelines.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited announced a delay in the dispatch of a circular related to major sale and leaseback transactions with Xinjiang Huadian Xinte Energy Co., Ltd. and Dulan Daxueshan Wind Power Co., Ltd. The company has received a waiver from the Stock Exchange to extend the deadline for dispatching the circular to 15 December 2025, allowing additional time to prepare and finalize the necessary information. This delay could impact the company’s operational timeline and stakeholder expectations, but the waiver provides flexibility to ensure compliance with regulatory requirements.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited, through its subsidiary Chengtong Financial Leasing, has entered into a sale and leaseback arrangement with a lessee involved in the chemical raw materials and products business. The agreement involves purchasing leased assets for RMB150 million and leasing them back for three years. This transaction is considered discloseable under Hong Kong’s listing rules due to its size, impacting the company’s financial operations and market positioning.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited announced a delay in dispatching a circular related to its major transaction involving a sale and leaseback arrangement with Xinjiang Huadian Xinte Energy Co., Ltd. The company has applied for a waiver to extend the dispatch deadline to December 15, 2025, due to the need for additional time to finalize the circular’s contents. This delay may impact stakeholders awaiting the circular for further details on the transaction.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited announced that all resolutions proposed at their General Meeting on November 27, 2025, were approved. The resolutions involved substantial acquisitions and agreements with PowerChina Real Estate, Wuhan Longyue, Zhengzhou Yuechen, China Railway, and Yili, which were overwhelmingly supported by shareholders. This approval signifies a strategic move for the company, potentially enhancing its market position and operational capabilities through these significant partnerships and transactions.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited announced the successful passing of a resolution at their General Meeting held on November 27, 2025. The resolution pertained to the approval of a Financial Services Agreement with Chengtong Finance, which includes the provision of Deposit Services with a cap of RMB400 million. The controlling shareholder, CCHK, abstained from voting due to a material interest in the agreement. The resolution was passed with 94.51% of votes in favor, indicating strong shareholder support for the agreement, which is expected to enhance the company’s financial operations.
The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.
China Chengtong Development Group Limited announced a major transaction involving a sale and leaseback arrangement through its subsidiary, Chengtong Financial Leasing. The agreement, dated November 21, 2025, involves purchasing leased assets from co-lessees and leasing them back for three years. This transaction, aggregated with previous ones, constitutes a major transaction under Hong Kong’s Listing Rules, requiring shareholder approval, which has been obtained from its controlling shareholder. The arrangement is valued at RMB220 million and does not necessitate a general meeting for approval.
China Chengtong Development Group Limited announced a major transaction involving a sale and leaseback arrangement through its subsidiary, Chengtong Financial Leasing. The agreement, dated November 19, 2025, involves purchasing leased assets from a lessee, which will then be leased back for two years. This transaction, valued at RMB230 million, is significant under the Listing Rules, requiring shareholder approval, which has been obtained from the controlling shareholder, China Chengtong Hong Kong Company Limited. This arrangement is expected to impact the company’s operations by reinforcing its presence in the financial leasing market, particularly in sectors like wind power generation and new energy projects.
China Chengtong Development Group Limited announced a major transaction involving a sale and leaseback arrangement through its subsidiary, Chengtong Financial Leasing. The arrangement involves purchasing leased assets from a lessee and leasing them back for two years. This transaction, aggregated with previous transactions, constitutes a major transaction under Hong Kong’s Listing Rules, requiring shareholder approval. The arrangement is part of the company’s strategy to strengthen its financial leasing operations, particularly in the energy sector, and has received approval from its controlling shareholder, negating the need for a general meeting.
China Chengtong Development Group Limited has announced a very substantial acquisition involving sale and leaseback arrangements, alongside a disclosure pursuant to Rule 13.13 of the listing rules. The company has scheduled a general meeting on November 27, 2025, to discuss these matters, indicating a significant strategic move that could impact its market positioning and stakeholder interests.
China Chengtong Development Group Limited has announced the approval of several sale and leaseback agreements involving its subsidiary, Chengtong Financial Leasing Company Limited. These agreements, with PowerChina Real Estate Group Ltd., Wuhan City Longyue Real Estate Co., Ltd., Zhengzhou Yuechen Real Estate Co., Ltd., and China Railway Real Estate Group, are set for a term of two years. The transactions are expected to enhance the company’s financial leasing operations and strengthen its market position in the real estate and infrastructure sectors.
China Chengtong Development Group Limited has announced a general meeting to approve a Financial Services Agreement with China Chengtong Finance Corporation Ltd. This agreement will allow the company and its subsidiaries to access various financial services, including deposit services, with a proposed maximum daily outstanding balance of RMB400 million. The resolution, if passed, will authorize directors to implement and execute necessary actions to effectuate the agreement, potentially impacting the company’s financial operations and stakeholder interests.
China Chengtong Development Group Limited has announced the closure of its register of members in preparation for two upcoming general meetings on November 27, 2025. These meetings will address the approval of the Deposit Services under the Financial Services Agreement and the Sale and Leaseback Arrangements. The register will be closed from November 24 to November 27, 2025, during which no share transfers will be registered. Shareholders must submit transfer documents by November 21, 2025, to be eligible to vote at the meetings.
China Chengtong Development Group Limited announced significant changes in its executive leadership, with Mr. Li Qian resigning as an executive director and chairman of the board, effective November 7, 2025. The company appointed Mr. Chen Jianying, Mr. Zhang Chuanyi, and Ms. Bai Chunrui as new executive directors, with Mr. Zhang also taking on the role of chairman of the ESG committee. These leadership changes are expected to impact the company’s strategic direction and governance, potentially influencing its market positioning and stakeholder relations.
China Chengtong Development Group Limited has announced a new composition of its board of directors, effective from November 7, 2025. The board includes a mix of non-executive, executive, and independent non-executive directors, with Sun Jie serving as the Chairlady. The company has also restructured its board committees, with specific directors assigned to lead and participate in the Audit, Remuneration, Nomination, and ESG Committees. This restructuring is aimed at enhancing the company’s governance and operational efficiency, aligning with its strategic goals.
China Chengtong Development Group Limited, through its subsidiary Chengtong Financial Leasing, has entered into a significant sale and leaseback arrangement with Yili, involving the purchase and subsequent leasing of Yili’s assets for two years. This transaction, when combined with previous deals, constitutes a very substantial acquisition under Hong Kong’s Listing Rules, requiring shareholder approval and compliance with regulatory requirements.
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.