China Investment Fund Company Limited (0612) AI Stock Analysis

• Market Cap: HK$523.08M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 1.31
• Revenue Growth: -166.78%
• EPS Growth: 85.53%
• Country: HK
• Employees: 6
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): >-0.01
• Shares Outstanding: 1,561,433,800
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.38
• Price to Sales (P/S): -103.76
• P/FCF Ratio: -2.08
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: HK$0.50 ▲(47.06% Upside)

The overall stock score is primarily impacted by the company's poor financial performance, with negative revenue, margins, and cash flows. Technical analysis provides mixed signals, while valuation metrics indicate potential overvaluation due to negative earnings. The absence of earnings call data and corporate events leaves these areas unaddressed.

Positive Factors

Low Debt Levels

Low debt levels provide financial flexibility and reduce the risk of financial distress, allowing the company to focus on strategic investments.

Investment Diversification

Diversification across sectors can mitigate risks associated with market volatility and enhance long-term capital appreciation potential.

Earnings Growth Potential

Strong EPS growth indicates potential for improved profitability and shareholder value, suggesting effective cost management and strategic positioning.

Negative Factors

Negative Revenue Growth

Consistent negative revenue growth reflects challenges in generating sales and may hinder the company's ability to achieve financial stability.

Negative Cash Flow

Negative cash flow indicates liquidity issues, limiting the company's ability to invest in growth opportunities and cover operational expenses.

Declining Equity Position

A declining equity position suggests weakening financial health and increased financial risk, potentially impacting long-term sustainability.

China Investment Fund Company Limited Business Overview & Revenue Model

Company Description

Carmen Century Investment Ltd. engages in investing in listed and unlisted securities. It operates through the Hong Kong and People's Republic of China geographical segments. The company was founded on September 18, 2001 and is headquartered in Hong Kong.

How the Company Makes Money

The company generates revenue through several key streams, including management fees from its investment funds, performance fees based on the success of its investment portfolios, and returns from equity investments in various sectors. Additionally, revenue is supplemented by advisory fees from providing strategic investment consulting services to clients. Significant partnerships with financial institutions and real estate developers enhance its investment opportunities and revenue potential, particularly in high-growth sectors.

China Investment Fund Company Limited Financial Statement Overview

Summary

The company faces significant financial challenges, with negative revenue, margins, and cash flows. Despite a low debt-to-equity ratio, the inability to generate positive cash flows and profits is concerning. The overall financial health is precarious, with a need for strategic changes to improve financial stability and performance.

Income Statement

The income statement reveals a concerning trend with consistently negative revenue and net income over the years. The company has witnessed a decline in revenue from -1.79 million HKD in 2023 to -1.84 million HKD in 2024, indicating a negative revenue growth trajectory. Additionally, the gross profit margin and net profit margin are negative, reflecting an inability to cover costs and generate profit. EBIT and EBITDA margins are also negative, highlighting operational challenges.

Balance Sheet

The balance sheet shows a relatively stable equity position, with a stockholders' equity of 501.13 million HKD in 2024. However, the equity ratio has decreased over the years, indicating increased reliance on liabilities. The debt-to-equity ratio is low, suggesting manageable debt levels. Despite this, the declining asset base and equity position are causes for concern.

Cash Flow

The cash flow analysis highlights significant negative operating cash flow, with a further decline from -79.48 million HKD in 2023 to -90.56 million HKD in 2024. The free cash flow remains negative, exacerbating liquidity concerns. The company has not generated sufficient cash flows to support its operations, indicating potential financial distress.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-6.07M	-1.84M	-179.09M	-2.92M	-20.27M	26.79M
Gross Profit	20.92M	-25.69M	-203.24M	-29.01M	-45.26M	7.92M
EBITDA	-47.90M	-332.52M	-296.71M	-287.74M	71.25M	397.31M
Net Income	-112.46M	-470.81M	-310.93M	-331.19M	165.13M	283.39M
Balance Sheet
Total Assets	508.19M	517.10M	1.07B	1.22B	1.46B	1.43B
Cash, Cash Equivalents and Short-Term Investments	44.80M	121.40M	284.94M	208.34M	210.97M	864.41M
Total Debt	0.00	10.21M	67.85M	111.32M	178.69M	242.28M
Total Liabilities	5.38M	15.96M	78.62M	120.77M	187.08M	319.13M
Stockholders Equity	502.81M	501.13M	989.25M	1.10B	1.27B	1.11B
Cash Flow
Free Cash Flow	-159.13M	-91.61M	-82.25M	-73.43M	-105.69M	-108.15M
Operating Cash Flow	-159.13M	-90.56M	-79.47M	-72.37M	-105.47M	-88.45M
Investing Cash Flow	2.66M	5.29M	-1.72M	-1.00M	26.62M	-19.70M
Financing Cash Flow	-17.32M	-59.92M	154.38M	114.91M	-51.88M	165.65M

China Investment Fund Company Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.34
• 50DMA: Neutral
• 100DMA: Negative
• 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:0612, the sentiment is Neutral. The current price of 0.34 is above the 20-day moving average (MA) of 0.34, equal to the 50-day MA of 0.34, and above the 200-day MA of 0.33, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.20 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0612.

China Investment Fund Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
0768	66 Neutral	HK$54.68M	4.89	12.66%	―	43.59%	104.35%
1226	47 Neutral	HK$288.82M	1.91	65.83%	―	35.11%	―
0080	46 Neutral	HK$722.54M	-27.48	-30.83%	―	―	―
2312	45 Neutral	HK$462.07M	45.08	11.27%	―	99.09%	―
0612	42 Neutral	HK$523.08M	-4.65	-20.26%	―	-166.78%	85.53%

China Investment Fund Company Limited Corporate Events

Carmen Century Investment Warns of Continued Trading Halt Amid Struggle to Fill Executive Director Role

Carmen Century Investment Limited has issued a supplemental update on its efforts to meet resumption guidance from the Hong Kong Stock Exchange, particularly the need to resolve an executive director vacancy to re-comply with Rule 21.04(1) and related authorised representative requirements under Rule 3.05. The company has been advertising and using its finance-industry contacts to identify suitable candidates but reports limited progress so far; it aims to provide another update around March 2026 on its search and compliance status. Trading in the company’s shares, suspended since 30 June 2025 at the company’s request, will remain halted until the resumption conditions are fulfilled, leaving shareholders and potential investors facing continued uncertainty while the company works to restore full compliance and trading status.

The most recent analyst rating on (HK:0612) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Fund Company Limited stock, see the HK:0612 Stock Forecast page.

Carmen Century Investment Outlines Resumption Progress as Trading Suspension Continues

Carmen Century Investment Limited has provided an update on its trading suspension and resumption efforts, confirming that its business operations and investment activities have seen no material dealings in listed and unlisted investments due to an unresolved executive director issue. As of 30 November 2025, the company reported an unaudited consolidated net asset value of approximately HK$0.30 per share, and it is actively seeking to appoint a suitable executive director and meet authorised representative requirements to re-comply with Hong Kong listing rules, though trading in its shares will remain suspended until all resumption guidance conditions are fulfilled, prompting shareholders and potential investors to remain cautious.

The most recent analyst rating on (HK:0612) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Fund Company Limited stock, see the HK:0612 Stock Forecast page.

China Investment Fund Co. Ltd. Reports NAV, Continues Trading Suspension

China Investment Fund Company Limited announced that its unaudited consolidated net asset value per share was approximately HK$0.30 as of 30 November 2025. The company has requested the continued suspension of trading of its shares on the Hong Kong Stock Exchange since 30 June 2025, pending fulfillment of Resumption Guidance. Stakeholders are advised to exercise caution when dealing with the company’s securities.

The most recent analyst rating on (HK:0612) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Fund Company Limited stock, see the HK:0612 Stock Forecast page.

China Investment Fund Continues Trading Suspension Amid Resumption Efforts

China Investment Fund Company Limited has announced a continued suspension of trading of its shares on the Hong Kong Stock Exchange, effective since June 30, 2025. This suspension will persist until the company meets the Resumption Guidance outlined in a prior announcement. Stakeholders are advised to exercise caution when dealing with the company’s securities.

The most recent analyst rating on (HK:0612) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Fund Company Limited stock, see the HK:0612 Stock Forecast page.

China Investment Fund Continues Trading Suspension

China Investment Fund Company Limited has announced a continued suspension of trading of its shares on the Hong Kong Stock Exchange. This suspension, effective since June 30, 2025, will remain in place until the company meets the Resumption Guidance outlined in a previous announcement. Shareholders and potential investors are advised to exercise caution when dealing with the company’s securities.

The most recent analyst rating on (HK:0612) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Fund Company Limited stock, see the HK:0612 Stock Forecast page.