China Travel International Investment Hong Kong (0308) AI Stock Analysis

• Market Cap: $8.91B
• Dividend Yield: 1.35%
• Average Volume (3M): 416.05M
• Price to Earnings (P/E): 84.3
• Beta (1Y): 0.91
• Revenue Growth: 2.96%
• EPS Growth: -55.89%
• Country: HK
• Employees: 6,834
• Sector: Consumer Cyclical
• Sector Strength: 74
• Industry: Leisure
• EPS (TTM): <0.01
• Shares Outstanding: 5,536,634,000
• 10 Day Avg. Volume: 77,800,041
• 30 Day Avg. Volume: 416,046,214
• 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: 0.80
• Enterprise Value/Revenue: 1.55
• Enterprise Value/Gross Profit: 4.82
• Enterprise Value/Ebitda: 7.61
• 1Y Price Target: $1.02
• Price Target Upside: -36.62% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: HK$1.50 ▼(-6.83% Downside)

The overall stock score of 63 reflects a primarily challenging financial performance, with declining profitability and cash flow issues. Technical analysis provides mixed signals, with some potential for a short-term reversal. The valuation appears stretched, mainly due to a high P/E ratio, which could limit upside potential. The strong balance sheet provides some stability, but operational improvements are necessary to enhance investor confidence.

China Travel International Investment Hong Kong Business Overview & Revenue Model

Company Description

China Travel International Investment Hong Kong Limited, an investment holding company, provides travel and tourism services. Its Tourist Attraction and Related Operations segment operates theme parks, scenic spots, cable car systems, skiing facilities, hot spring resorts, and other resorts, as well as engages in arts performance and tourism property development activities in Mainland China. The company's Travel Agency, Travel Document, and Related Operations segment provides travel agency, travel document, and related services in Hong Kong, Mainland China, South East Asia, Oceania, the United States, and countries in the European Union. Its Hotel Operations segment offers hotel accommodation, and food and beverage services in Hong Kong, Macau, and Mainland China. The company's Passenger Transportation Operations segment provides cross-border transportation services to individuals travelling between Hong Kong, Macau, and Mainland China; and vehicle and vessel rental and charter operations in Hong Kong, Macau, and Mainland China. It also operates golf clubs; trades in computer equipment and provides computer services; and offers travel and air ticketing agency, entry permit handling agency, fuel supply, ship repairing, and logistics and courier services. In addition, the company is involved in property investment; software system development; and shipping and shipping management activities, as well as conference and exhibition operations. The company was incorporated in 1992 and is based in Central, Hong Kong. China Travel International Investment Hong Kong Limited is a subsidiary of China Travel Service (Holdings) Hong Kong Limited.

How the Company Makes Money

China Travel International Investment Hong Kong generates revenue through a multifaceted business model centered around its diverse portfolio of tourism and travel-related services. The company's primary revenue streams include travel agency services, where it earns commissions and service fees by facilitating travel and accommodation arrangements for clients. Hotel operations contribute significantly to its income through room bookings, food and beverage sales, and other hospitality services. Additionally, the company operates theme parks and scenic spots, earning revenue through entrance fees, merchandise sales, and in-park services. Passenger transportation services, such as ferry and bus operations, further supplement its revenues. The company also leverages strategic partnerships with local governments and tourism boards to enhance its offerings and expand its market presence. These combined efforts ensure a steady stream of income from both domestic and international tourists.

China Travel International Investment Hong Kong Financial Statement Overview

Summary

Revenue growth is positive, but declining net profit and cash flow indicate operational challenges. A strong balance sheet with low leverage provides some stability.

Income Statement

The company has shown a consistent revenue growth, with an increase from 2023 to 2024. Gross profit margin has remained stable, but net profit margin has dropped significantly from 5.33% in 2023 to 2.29% in 2024 due to a decrease in net income. EBIT and EBITDA margins have also declined, highlighting challenges in operational efficiency.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio, indicating low leverage. The equity ratio remains healthy, indicating a strong capital base. However, the return on equity has decreased due to lower profitability, reflecting reduced efficiency in generating returns from equity.

Cash Flow

The cash flow statement shows challenges with no operating cash flow reported in 2024, down from a positive operating cash flow in 2023. Free cash flow has been volatile, and its absence in 2024 indicates potential liquidity constraints. The lack of reported capital expenditures suggests reduced investment activity.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.63B	4.49B	3.03B	3.65B	1.97B
Gross Profit	1.49B	1.52B	308.41M	523.13M	72.76M
EBITDA	1.00B	954.28M	-174.64M	507.49M	-120.74M
Net Income	105.97M	239.55M	-355.79M	174.02M	-390.79M
Balance Sheet
Total Assets	24.53B	25.01B	23.76B	25.81B	25.18B
Cash, Cash Equivalents and Short-Term Investments	2.90B	3.26B	2.80B	3.08B	3.26B
Total Debt	2.14B	2.66B	1.26B	896.75M	951.85M
Total Liabilities	6.40B	6.76B	5.18B	5.99B	5.98B
Stockholders Equity	16.11B	16.35B	16.20B	17.33B	16.21B
Cash Flow
Free Cash Flow	-170.18M	-38.08M	-1.05B	-493.36M	-915.86M
Operating Cash Flow	745.81M	1.02B	-181.57M	187.22M	-435.54M
Investing Cash Flow	-481.59M	-1.53B	-981.49M	-576.73M	298.93M
Financing Cash Flow	-273.87M	578.26M	765.03M	333.89M	630.69M

China Travel International Investment Hong Kong Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.61
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0308, the sentiment is Neutral. The current price of 1.61 is below the 20-day moving average (MA) of 1.90, above the 50-day MA of 1.45, and above the 200-day MA of 1.13, indicating a neutral trend. The MACD of 0.10 indicates Positive momentum. The RSI at 51.65 is Neutral, neither overbought nor oversold. The STOCH value of 17.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0308.

China Travel International Investment Hong Kong Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0308	63 Neutral	$8.91B	84.29	0.65%	1.35%	2.96%	-55.89%
Sector *	61 Neutral	$16.55B	10.17	-9.03%	3.33%	1.46%	-22.85%
2255	45 Neutral	HK$6.33B	―	-35.71%	―	-1.45%	-269.03%

China Travel International Investment Hong Kong Corporate Events

China Travel International Issues Profit Warning Amid Market Volatility

China Travel International Investment Hong Kong Limited has issued a profit warning, indicating an expected loss of at least HK$70 million for the first half of 2025, compared to a profit of HK$63 million in the same period of 2024. This downturn is attributed to decreased fair values of investment properties and impairment provisions for subsidiaries, reflecting market volatility. The final results are pending and may differ from preliminary assessments, with full details to be disclosed in the upcoming interim results announcement.

China Travel International Appoints New Non-Executive Director

China Travel International Investment Hong Kong Limited has announced the appointment of Mr. Zheng Jiang as a non-executive director, effective from July 22, 2025. Mr. Zheng brings extensive experience in investment planning, finance, and corporate management, having held various significant positions within the company’s subsidiaries and related entities. His appointment is expected to strengthen the company’s strategic direction and governance, potentially impacting its operational efficiency and stakeholder confidence positively.

China Travel International Announces Board Composition

China Travel International Investment Hong Kong Limited has announced the composition of its Board of Directors, detailing the roles and functions of each member. This announcement highlights the company’s governance structure, which is crucial for stakeholders to understand the leadership dynamics and decision-making processes within the organization.

China Travel International Initiates Strategic Business Review

China Travel International Investment Hong Kong Limited has announced a strategic review of its business portfolio to optimize its structure and enhance shareholder value. While no specific proposals or transactions have been confirmed, the review aims to align the company’s development strategy with market demands, advising shareholders and investors to exercise caution.

China Travel International Passes Key Resolutions at AGM

China Travel International Investment Hong Kong held its Annual General Meeting on May 21, 2025, where all proposed resolutions were passed. Key resolutions included the re-election of directors, the re-appointment of Ernst & Young as auditors, and granting the board mandates to buy back and issue shares. The approval of an amendment to the Articles of Association as a special resolution highlights the company’s strategic focus on governance and operational flexibility.