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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 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 22.08B | 24.08B | 21.08B | 20.21B | 15.37B |
| Gross Profit | 3.29B | 3.39B | 3.26B | 3.19B | 3.21B |
| EBITDA | -971.80M | 2.04B | 1.92B | 2.17B | 1.90B |
| Net Income | -6.56B | 95.52M | 101.60M | 1.32B | 840.91M |
Balance Sheet | |||||
| Total Assets | 37.71B | 41.70B | 41.63B | 29.64B | 25.85B |
| Cash, Cash Equivalents and Short-Term Investments | 7.33B | 7.44B | 8.10B | 6.96B | 6.12B |
| Total Debt | 9.17B | 9.49B | 7.84B | 4.00B | 2.38B |
| Total Liabilities | 25.15B | 27.79B | 28.04B | 15.87B | 13.23B |
| Stockholders Equity | 8.40B | 10.27B | 10.48B | 13.40B | 12.22B |
Cash Flow | |||||
| Free Cash Flow | -2.26B | -2.14B | -1.70B | -2.62B | 710.61M |
| Operating Cash Flow | -143.38M | 352.04M | 906.61M | -1.48B | 1.18B |
| Investing Cash Flow | -1.11B | -303.35M | -5.46B | -25.37M | 1.86B |
| Financing Cash Flow | -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 |
|---|---|---|---|---|---|---|---|
80 Outperform | $34.51B | 10.33 | 15.54% | 3.35% | 21.08% | 21.27% | |
78 Outperform | HK$16.64B | 9.10 | 11.35% | 3.31% | 30.12% | 139.92% | |
75 Outperform | $71.54B | 16.45 | 8.13% | 2.45% | 15.29% | -9.20% | |
74 Outperform | $45.94B | 18.66 | 5.64% | 1.80% | 10.95% | 28.53% | |
67 Neutral | $130.89B | 55.92 | 1.91% | ― | 2.20% | ― | |
58 Neutral | HK$13.63B | 5.51 | -2.78% | 5.71% | 2.29% | -57.50% | |
48 Neutral | $2.21B | ― | -70.25% | ― | -9.95% | -6348.85% |
China High Speed Transmission Equipment Group Co Corporate Events
China High Speed Transmission Equipment Group Co., Ltd. has announced the appointment of Mr. Ye Xingming as a non-executive director, effective from July 2, 2025. Mr. Ye brings extensive experience in finance and management from his previous roles in various companies, which is expected to enhance the company’s strategic direction and governance. This appointment reflects the company’s commitment to strengthening its board with seasoned professionals, potentially impacting its market positioning and stakeholder confidence positively.
China High Speed Transmission Equipment Group Co., Ltd. has announced an update to its board of directors, effective from July 2, 2025. The board comprises a mix of executive, non-executive, and independent non-executive directors, with Mr. Hu Jichun serving as the Chairman and CEO. The announcement outlines the roles and committee memberships of each board member, reflecting the company’s commitment to structured governance and strategic leadership. This update may influence the company’s operational strategies and stakeholder confidence by reinforcing its governance framework.
China High Speed Transmission Equipment Group Co., Ltd. has announced an update to its board of directors, effective June 27, 2025. The board comprises both executive and independent non-executive directors, with Mr. Hu Jichun serving as Chairman and CEO. This restructuring of the board and its committees is expected to enhance the company’s governance and strategic oversight, potentially impacting its market positioning and stakeholder confidence.
China High Speed Transmission Equipment Group Co., Ltd. has announced the adoption of amended terms of reference for its Nomination Committee, effective from June 27, 2025. The committee, which is responsible for nominating directors, will consist of at least three members, with a majority being independent non-executive directors and at least one director of a different gender. This move is likely to enhance the company’s governance structure and promote diversity within its board, potentially impacting its strategic direction and stakeholder relations positively.
During the annual general meeting held on June 27, 2025, China High Speed Transmission Equipment Group Co., Ltd. announced the results of its voting on several resolutions. Notably, the re-election of several directors was approved, while the proposal to re-appoint Baker Tilly Hong Kong Limited as auditors was rejected. This decision could impact the company’s auditing processes and financial transparency, potentially influencing stakeholder confidence.
China High Speed Transmission Equipment Group Co., Ltd. has announced a change in the composition of its Nomination Committee, effective June 27, 2025. This strategic move involves the appointment of four members, with Mr. Hu Jichun as the chairman, potentially impacting the company’s governance and decision-making processes, thereby influencing its industry positioning and stakeholder relations.
China High Speed Transmission Equipment Group Co., Ltd. has announced a further postponement of its extraordinary general meeting (EGM) initially scheduled for June 27, 2025, now rescheduled to June 30, 2028. This decision is influenced by ongoing legal actions and an independent investigation, as well as concerns from key transaction counterparties and minority shareholders. The postponement aims to allow time for these issues to be resolved, ensuring the company’s rights are preserved and stakeholders’ interests are protected.
China High Speed Transmission Equipment Group Co., Ltd. has announced a change in the venue for its postponed Extraordinary General Meeting (EGM) to be held on June 27, 2025. The EGM will now take place at the same location as the Annual General Meeting (AGM) in Jinhu County, Jiangsu Province, China. This decision was made to streamline logistics as both meetings are scheduled for the same day. Other details regarding the EGM remain unchanged, and shareholders are advised to note the venue change if attending in person.
China High Speed Transmission Equipment Group Co., Ltd. has announced its upcoming annual general meeting, scheduled for June 27, 2025, where shareholders will review and approve the company’s financial statements for 2024, re-elect directors, and appoint auditors. Additionally, the meeting will consider resolutions to authorize the board to issue new shares, potentially impacting the company’s capital structure and market operations.
China High Speed Transmission Equipment Group Co, through its subsidiary Nanjing Handa, is involved in a financial transaction involving a loan agreement and subsequent loan assignment. The company operates in the financial sector, focusing on providing loans to enhance working capital for its partners. In a recent announcement, the company disclosed a connected and discloseable transaction involving a RMB250 million loan extended by Nanjing Handa to Nanjing Fengsheng Kangju, Five Seasons, and Fullshare. This loan was later assigned to Enkaiyi for the same amount. The transaction is significant due to its implications under the Hong Kong Stock Exchange’s Listing Rules, requiring reporting and announcement but exempting shareholder approval. The transaction highlights the company’s strategic financial maneuvers and its compliance with regulatory requirements.
China High Speed Transmission Equipment Group Co., Ltd. has announced the postponement of its Extraordinary General Meeting (EGM) originally scheduled for April 2025, now set to coincide with the Annual General Meeting on June 27, 2025. This change affects the closure period for the register of members, impacting shareholders’ ability to transfer shares and vote. The company has provided instructions for proxy form submissions to accommodate the new schedule, ensuring shareholders can still participate in the decision-making process.