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China High Speed Transmission Equipment Group Co
(OTC:0658)
China High Speed Transmission Equipment Group Co (0658) vs. iShares MSCI Hong Kong ETF (EWH)
China High Speed Transmission Equipment Group Co Business Overview & Revenue Model
China High Speed Transmission Equipment Group Co Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.89B | 22.08B | 24.08B | 21.08B | 20.21B | 15.37B |
| Gross Profit | 3.79B | 3.29B | 3.39B | 3.26B | 3.19B | 3.21B |
| EBITDA | -25.08M | -971.80M | 2.04B | 1.92B | 2.17B | 1.90B |
| Net Income | -6.16B | -6.56B | 95.52M | 101.60M | 1.32B | 840.91M |
Balance Sheet | ||||||
| Total Assets | 38.64B | 37.71B | 41.70B | 41.63B | 29.64B | 25.85B |
| Cash, Cash Equivalents and Short-Term Investments | 6.38B | 7.23B | 7.44B | 8.62B | 6.78B | 5.94B |
| Total Debt | 9.50B | 9.17B | 9.49B | 7.84B | 4.00B | 2.38B |
| Total Liabilities | 25.79B | 25.15B | 27.79B | 28.04B | 15.87B | 13.23B |
| Stockholders Equity | 8.31B | 8.40B | 10.27B | 10.48B | 13.40B | 12.22B |
Cash Flow | ||||||
| Free Cash Flow | 556.63M | -2.26B | -2.14B | -1.70B | -2.62B | 710.61M |
| Operating Cash Flow | 1.91B | -143.38M | 352.04M | 906.61M | -1.48B | 1.18B |
| Investing Cash Flow | -1.15B | -1.11B | -303.35M | -5.46B | -25.37M | 1.86B |
| Financing Cash Flow | -1.98B | -516.83M | 1.18B | 5.57B | 2.64B | -3.38B |
China High Speed Transmission Equipment Group Co Technical Analysis
China High Speed Transmission Equipment Group Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | HK$37.51B | 10.75 | 15.98% | 3.32% | 16.15% | 17.32% | |
74 Outperform | HK$41.30B | 16.64 | 15.06% | 1.44% | 34.78% | 98.79% | |
73 Outperform | HK$96.69B | 23.31 | 7.71% | 1.69% | 20.99% | -5.99% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | HK$145.55B | 59.81 | 1.93% | ― | 7.59% | 376.62% | |
53 Neutral | HK$148.84B | 32.64 | 6.78% | 1.14% | 25.84% | 26.05% | |
45 Neutral | HK$3.09B | -0.47 | -69.18% | ― | -4.88% | -860.80% |
China High Speed Transmission Equipment Group Co Corporate Events
China High Speed Transmission Equipment Group Co. has announced that its wholly owned subsidiary Nanjing Handa has entered into a supplemental agreement with Enkaiyi to revise key terms of a previously agreed loan assignment, after Enkaiyi failed to pay the consideration by the original deadline. Under the new terms, Enkaiyi must pay a RMB10 million down payment within 10 working days for the supplemental agreement to take effect, and the payment deadline for the remaining consideration has been extended by two years to 26 June 2027, with a 3% annual simple interest fund usage fee payable on the outstanding balance from March 2025 until full settlement. The company, having sought legal advice, concluded that renegotiating the payment schedule is a more efficient and effective route than pursuing legal proceedings in the PRC, and believes the deal improves its prospects of ultimately recovering the full consideration on normal commercial terms in the interests of the company and its shareholders.
The most recent analyst rating on (HK:0658) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China High Speed Transmission Equipment Group Co stock, see the HK:0658 Stock Forecast page.
China High Speed Transmission Equipment Group has issued a voluntary announcement clarifying the implications of a 17 December 2025 letter from the Nanjing Public Security Bureau, Jiangning Branch, concerning a reported RMB6.64 billion fund misappropriation at its subsidiary Nanjing Drive and the alleged involvement of major shareholder Fullshare Holdings Limited. The company stresses that the police letter only states there is currently insufficient criminal evidence against former director Fang Jian and no direct connection found between the misappropriated funds and Fullshare, but it does not clear Fullshare’s directors and senior executives nor conclude the criminal investigation, and it explicitly invites further evidence. Drawing on PRC legal advice and its own independent investigation, the Group maintains that it reasonably believes Fullshare personnel and Fullshare’s controller, Mr. Ji Changqun, misappropriated funds via layers of affiliated entities and that, while this may fall short of the higher criminal standard of proof or a “direct” link cited by police, it remains actionable in civil proceedings, where the company intends to continue pursuing recovery claims against Fullshare, Mr. Ji and other responsible parties.
The most recent analyst rating on (HK:0658) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China High Speed Transmission Equipment Group Co stock, see the HK:0658 Stock Forecast page.
China High Speed Transmission Equipment Group Co., Ltd. has engaged an independent consultant to review and improve its internal control mechanisms following the Handa Loan and related matters. Key enhancements include systematic distribution of connected persons’ lists to subsidiaries, formalized identification and reporting procedures for connected persons, and the establishment of written policies for third-party borrowings. Additional measures include providing annual training on compliance processes to personnel and strengthening board composition to bolster legal and securities expertise. These steps underscore the company’s commitment to improving transparency, operational efficiency, and compliance, aiming to reinforce stakeholder confidence and ensure adherence to regulatory standards.
The most recent analyst rating on (HK:0658) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China High Speed Transmission Equipment Group Co stock, see the HK:0658 Stock Forecast page.
China High Speed Transmission Equipment Group Co., Ltd. has completed an independent investigation into issues related to agreements and relevant amounts within its subsidiaries. The investigation, which included extensive data analysis and interviews, revealed key findings and identified potential weaknesses in internal controls. The company is now considering next steps to address these findings, although the investigation faced limitations such as incomplete records and lack of access to certain devices.
The most recent analyst rating on (HK:0658) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China High Speed Transmission Equipment Group Co stock, see the HK:0658 Stock Forecast page.
China High Speed Transmission Equipment Group Co. has announced the postponement of its Extraordinary General Meeting (EGM) initially scheduled for October 27, 2025, due to recent developments and stakeholder concerns. The decision to delay the EGM to June 30, 2028, was influenced by unfounded allegations from Fullshare, opposition from minority shareholders, and concerns from the company’s workforce and major suppliers. The postponement aims to ensure the stability of the company’s operations and maintain stakeholder confidence while ongoing legal actions and investigations are addressed.
The most recent analyst rating on (HK:0658) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China High Speed Transmission Equipment Group Co stock, see the HK:0658 Stock Forecast page.
China High Speed Transmission Equipment Group Co., Ltd. has issued a voluntary announcement addressing allegations made by Fullshare Holdings Limited. The company refutes claims of a purported investigation result by Fullshare, emphasizing the lack of credible evidence and the ongoing PRC Criminal Investigation into suspected embezzlement. The company remains committed to transparency and urges stakeholders to treat Fullshare’s assertions with caution.
The most recent analyst rating on (HK:0658) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China High Speed Transmission Equipment Group Co stock, see the HK:0658 Stock Forecast page.