CMBC Capital Holdings Limited (1141) AI Stock Analysis

• Market Cap: HK$877.58M
• Dividend Yield: N/A
• Average Volume (3M): 995.53K
• Price to Earnings (P/E): 9.6
• Beta (1Y): 1.60
• Revenue Growth: 126.33%
• EPS Growth: N/A
• Country: HK
• Employees: 92
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.11
• Shares Outstanding: 1,096,968,800
• 10 Day Avg. Volume: 1,165,702
• 30 Day Avg. Volume: 995,529
• PEG Ratio: -0.10
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 2.05
• P/FCF Ratio: 1.40
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: HK$1.00 ▲(28.21% Upside)

CMBC Capital Holdings Limited's overall stock score is primarily influenced by its mixed financial performance and bearish technical indicators. The return to profitability and improved balance sheet are positive, but historical revenue volatility and lack of recent cash flow data are concerns. Technical analysis indicates bearish momentum, while valuation appears reasonable but lacks dividend appeal.

Positive Factors

Return to Profitability

The company's return to profitability with a strong EBIT margin of 67.3% indicates improved operational efficiency and potential for sustained earnings growth.

Debt Reduction

Eliminating debt enhances financial stability and flexibility, reducing financial risk and allowing more resources for strategic investments.

Revenue Growth

Strong revenue growth reflects successful strategic initiatives and market demand, supporting long-term business expansion and shareholder value.

Negative Factors

Historical Revenue Volatility

Past revenue volatility suggests potential instability in business operations, which could impact future financial performance and investor confidence.

Absence of Cash Flow Data

Lack of recent cash flow data creates uncertainty about liquidity, hindering accurate assessment of financial health and cash generation ability.

Historical Leverage Risks

Historical leverage risks indicate past financial instability, which may affect the company's ability to manage future financial challenges effectively.

CMBC Capital Holdings Limited Business Overview & Revenue Model

Company Description

CMBC Capital Holdings Limited, an investment holding company, provides loan financing services primarily in Hong Kong. It operates through Securities; Fixed-Income Direct Investment, Other Investment and Financing; Asset Management; and Corporate Finance and Advisory segments. The Securities segment offers brokerage, securities margin financing, and securities underwriting/placing services. The Fixed-Income Direct Investment segment invests and trades in fixed-income securities. Other Investment and Financing segment invests and trades in equity securities, bonds, and funds, as well as trades in fixed-income securities, and provides loan financing services. The Asset Management segment provides asset management services. The Corporate Finance and Advisory segment offers sponsorship, financial advisory, and financial arrangement services. The company was formerly known as Skyway Securities Group Limited and changed its name to CMBC Capital Holdings Limited in May 2017. The company was incorporated in 1998 and is headquartered in Central, Hong Kong. CMBC Capital Holdings Limited operates as a subsidiary of CMBC International Investment Limited.

How the Company Makes Money

CMBC Capital Holdings generates revenue through multiple streams, primarily from fees earned on asset management and advisory services. The company charges management fees based on the assets under management (AUM) and performance fees tied to the investment returns generated for clients. Additionally, revenue is derived from brokerage commissions on securities trading activities and underwriting fees from corporate finance transactions. The company's strategic partnerships with other financial institutions and investment firms enhance its capabilities and broaden its market reach, contributing to its overall earnings. Furthermore, fluctuations in market conditions and investment performance can significantly impact revenue, underscoring the importance of effective asset management and investment strategies.

CMBC Capital Holdings Limited Financial Statement Overview

Summary

CMBC Capital Holdings Limited shows mixed financial performance. The income statement reflects a return to profitability with improved margins, but historical revenue volatility and past losses are concerning. The balance sheet shows improved equity and a reduction of debt, enhancing financial stability. However, the absence of cash flow data in the latest report raises questions about current liquidity.

Income Statement

CMBC Capital Holdings Limited's income statement reflects significant volatility. Recent annual reports show a return to profitability in 2024 with a net income of $50.8M and a gross profit margin of 100%, as the revenue and gross profit figures are equal, indicating a complete recovery from the previous year's losses. However, the company's revenue has been inconsistent, with negative revenue in 2023 and sharp declines in earlier years. The EBIT margin in 2024 stands strong at 67.3%, signaling improved operational efficiency. Despite these improvements, the historical trend of negative net income and declining revenues poses potential risks.

Balance Sheet

The balance sheet of CMBC Capital Holdings Limited indicates relatively stable equity with stockholders' equity improving to $1.39B in 2024. The company's debt-to-equity ratio has improved significantly to 0, as total debt has been fully repaid. The equity ratio stands at 36.1% in 2024, reflecting a healthy proportion of equity financing. However, the previous high debt levels and fluctuations in equity suggest historical leverage risks.

Cash Flow

The cash flow analysis reveals concerns, primarily due to the lack of operating and free cash flows reported in 2024. In previous years, there was a strong free cash flow of $2.36B in 2023, but the recent absence of cash flow figures poses uncertainties about the company's liquidity position. The previous operating cash flow to net income ratio was favorable, indicating efficient cash generation, but the absence of recent data makes current evaluations challenging.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	307.36M	269.70M	172.30M	510.24M	895.38M	1.02B
Gross Profit	307.36M	269.70M	-222.24M	426.28M	801.66M	930.06M
EBITDA	254.97M	208.87M	-278.25M	189.84M	615.04M	943.66M
Net Income	89.05M	50.79M	-572.31M	-436.60M	291.16M	393.22M
Balance Sheet
Total Assets	4.95B	3.84B	4.56B	10.85B	14.54B	11.17B
Cash, Cash Equivalents and Short-Term Investments	3.24B	2.61B	3.93B	9.66B	12.23B	8.45B
Total Debt	0.00	2.01B	2.93B	8.76B	10.91B	7.93B
Total Liabilities	3.39B	2.46B	3.31B	9.25B	11.78B	8.57B
Stockholders Equity	1.56B	1.39B	1.25B	1.60B	2.76B	2.60B
Cash Flow
Free Cash Flow	-1.06B	396.86M	2.36B	571.90M	219.78M	1.52B
Operating Cash Flow	-1.05B	399.10M	2.36B	572.42M	220.75M	1.52B
Investing Cash Flow	-5.20M	-2.24M	-3.59M	-521.00K	-970.00K	-482.00K
Financing Cash Flow	221.33M	-594.62M	-2.91B	-351.36M	170.74M	-1.53B

CMBC Capital Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.78
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1141, the sentiment is Negative. The current price of 0.78 is below the 20-day moving average (MA) of 0.86, below the 50-day MA of 1.06, and above the 200-day MA of 0.66, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 29.67 is Positive, neither overbought nor oversold. The STOCH value of 18.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1141.

CMBC Capital Holdings 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%
0717	58 Neutral	HK$680.83M	8.42	2.36%	―	-4.56%	―
1073	54 Neutral	HK$334.96M	20.85	2.26%	2.64%	-14.94%	―
1141	53 Neutral	HK$877.58M	9.63	6.23%	―	126.33%	―
0111	52 Neutral	€365.49M	26.17	1.47%	―	22.62%	―
0329	42 Neutral	$412.43M	103.45	1.61%	―	3.82%	―
0139	39 Underperform	HK$202.71M	-1.15	-16.07%	―	110.52%	2.14%

CMBC Capital Holdings Limited Corporate Events

CMBC Capital Announces Executive Resignation

CMBC Capital Holdings Limited announced the resignation of Mr. Ng Hoi Kam from his roles as executive director, deputy general manager, and committee member, effective October 24, 2025. Mr. Ng, who joined the board in 2017, played a significant role in the company’s development and governance. His departure is amicable, with no disagreements reported, and the board expressed gratitude for his contributions.

CMBC Capital Updates Board of Directors and Committee Roles

CMBC Capital Holdings Limited has announced an update to its Board of Directors, detailing the roles and functions of each member. This update includes the composition of six Board committees, highlighting the leadership and membership roles of each director. The announcement reflects the company’s commitment to transparency and structured governance, potentially impacting its strategic direction and operational oversight.

CMBC Capital Acquires $20 Million in Convertible Securities

CMBC Capital Holdings Limited announced the acquisition of convertible securities worth US$20 million through its subsidiary, CMBC Investment (HK). The acquisition, which is considered a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, was funded from the company’s internal resources and does not require shareholder approval.

CMBC Capital Acquires BNP Paribas Notes in Strategic Investment Move

CMBC Capital Holdings Limited, through its subsidiary CMBC Investment (HK), has acquired notes worth US$15 million from BNP Paribas in the over-the-counter market. This transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, was funded from internal resources and does not require shareholder approval, impacting the company’s investment portfolio and market positioning.