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China Cinda Asset Management Co
(OTC:1359)
China Cinda Asset Management Co (1359) vs. iShares MSCI Hong Kong ETF (EWH)
China Cinda Asset Management Co Business Overview & Revenue Model
China Cinda Asset Management Co Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.29B | 25.12B | 25.37B | 69.93B | 52.50B | 49.38B |
| Gross Profit | 22.29B | 25.12B | 25.37B | 28.76B | 52.50B | 49.38B |
| EBITDA | -5.28B | 0.00 | 0.00 | 12.54B | 21.40B | 0.00 |
| Net Income | 3.16B | 3.04B | 5.82B | 6.31B | 12.06B | 13.25B |
Balance Sheet | ||||||
| Total Assets | 1.68T | 1.64T | 1.59T | 1.62T | 1.56T | 1.52T |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 148.63B | 15.24B | 16.68B | 18.05B | 15.38B |
| Total Debt | 454.82B | 461.34B | 863.96B | 909.73B | 925.02B | 333.71B |
| Total Liabilities | 1.46T | 1.42T | 1.38T | 1.41T | 1.36T | 1.32T |
| Stockholders Equity | 197.29B | 194.18B | 192.83B | 188.21B | 178.80B | 172.11B |
Cash Flow | ||||||
| Free Cash Flow | 74.68B | 67.28B | 14.70B | 52.24B | 48.07B | 31.85B |
| Operating Cash Flow | 78.33B | 71.22B | 15.54B | 54.18B | 48.91B | 36.79B |
| Investing Cash Flow | -33.12B | -34.01B | -60.58B | 7.31B | 20.78B | -26.12B |
| Financing Cash Flow | -43.74B | -32.89B | 713.44M | -101.46B | -13.57B | 32.81B |
China Cinda Asset Management Co Technical Analysis
China Cinda Asset Management Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
58 Neutral | HK$4.69B | 19.12 | 6.68% | 0.44% | 28.57% | 342.11% | |
56 Neutral | HK$1.99B | 1.94 | 22.46% | ― | 56.35% | ― | |
55 Neutral | HK$1.68B | 11.34 | 1.22% | ― | -31.46% | -10.06% | |
50 Neutral | HK$48.09B | 27.81 | 1.61% | 1.92% | -15.83% | -32.08% | |
48 Neutral | HK$69.01B | 6.52 | 17.48% | ― | -16.24% | -14.24% | |
47 Neutral | HK$17.66B | -76.02 | -0.76% | 1.07% | -23.19% | 93.53% |
China Cinda Asset Management Co Corporate Events
China Cinda Asset Management Co., Ltd. has announced the current composition of its board of directors and the allocation of roles across five key board committees. The board is led by Executive Director and Chairman Zhang Weidong, alongside President Song Weigang and Vice President Zhao Limin, supported by non-executive and independent non-executive directors whose appointments span strategic development, audit, risk management, nomination and remuneration, and connected transaction control committees. This updated governance structure underlines the company’s emphasis on oversight in risk, compliance, and strategic planning, which is particularly important for an asset manager operating in China’s regulated financial sector and signals sustained attention to board independence and internal control to stakeholders.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
China Cinda Asset Management has received regulatory approval from China’s National Financial Regulatory Administration (NFRA) for the qualification of Mr. Song Weigang as both an executive director and the president of the company, following earlier approval of his board appointment by shareholders at an extraordinary general meeting. Effective 31 December 2025, Song now serves a three-year term as executive director, is eligible for re-election, acts as president, and has joined the board’s Strategic Development Committee, cementing his central role in steering the group’s strategic direction and executive management. The company noted that Song holds no shares in China Cinda, has no disclosed related-party ties to existing management or major shareholders, and has not served as a director in other listed companies in the past three years, underscoring a governance framework that aims to ensure regulatory compliance and independence at a time when leadership stability and regulatory scrutiny remain key issues for China’s state-linked financial institutions.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
China Cinda Asset Management Co., Ltd. has formalized updated terms of reference for its Nomination and Remuneration Committee, a specialized body under the board of directors tasked with standardizing the selection, evaluation and compensation of directors and senior management. The committee, composed mainly of independent directors, is responsible for setting procedures and standards for appointments, reviewing candidates’ qualifications and independence, and recommending nominations, removals and committee assignments to the board, reinforcing corporate governance and aligning leadership oversight with Hong Kong listing and regulatory requirements.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
China Cinda Asset Management has announced the resignation of non-executive director Chen Xiaowu, who is stepping down upon reaching retirement age from his roles as board member, chairman of the Risk Management Committee, and member of both the Strategic Development Committee and the Nomination and Remuneration Committee. The company emphasized that Chen has no disagreements with the board and that there are no other matters requiring shareholder attention, while the departure will necessitate adjustments to key board committee compositions at a time when Cinda’s oversight of risk and strategic direction remains central to its role in China’s financial sector.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
China Cinda Asset Management Co., Ltd. has announced the current composition of its board of directors, comprising executive, non-executive and independent non-executive directors, reflecting a governance structure that separates management, oversight and independent supervision responsibilities. The company also detailed the membership of its five key board committees—Strategic Development, Audit, Risk Management, Nomination and Remuneration, and Connected Transaction Control—signaling a continued emphasis on strategic planning, risk and audit oversight, governance and remuneration discipline, and tighter control of related-party transactions, all of which are central to regulatory compliance and investor confidence for a major Chinese asset manager.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
China Cinda Asset Management has convened its first extraordinary shareholders’ meeting of 2026 for 21 January in Beijing, seeking shareholder approval to re-elect independent non-executive directors Wang Changyun and Sun Maosong and to elect Wang Pengcheng as a new independent non-executive director. The company has also announced the closure of its H-share register from 16 to 21 January 2026 to determine eligibility to attend and vote, underscoring ongoing adjustments to its board’s independent oversight structure, which is closely watched by investors in a heavily regulated Chinese asset management sector.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
China Cinda Asset Management has formalised updated terms of reference for its board audit committee, aligning its governance framework with the PRC Company Law, Hong Kong Listing Rules, and its own articles of association and board procedures. The new rules define the audit committee as a specialised body of at least three mainly independent non-executive directors, set qualification requirements, mandate an independent director with accounting expertise as chair, and task the committee with overseeing financial policies, financial reporting, internal control, and communication with internal and external auditors, including at least twice-yearly meetings with the external auditor, thereby reinforcing financial oversight and shareholder protection.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
China Cinda Asset Management Co., Ltd. has formalized the terms of reference for its Nomination and Remuneration Committee, a key board committee tasked with standardizing the selection, assessment and compensation of directors and senior management. The committee, composed of at least three directors with a majority of independent members and chaired by an independent director, will design procedures and standards for board and senior executive elections, review candidates’ qualifications and independence, and recommend appointments, removals and remuneration plans to the board. The move strengthens China Cinda’s corporate governance structure, aligns it more closely with Hong Kong Listing Rules and its own Articles of Association, and is intended to enhance transparency, independence and regulatory compliance in leadership selection and pay-setting, which are material considerations for shareholders and other stakeholders.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
China Cinda Asset Management has obtained regulatory approval from China’s National Financial Regulatory Administration for amendments to its Articles of Association, clearing the way for a restructuring of its corporate governance framework. With the revised Articles now in effect, the company has formally abolished its Board of Supervisors and repealed the associated governance rules, with all serving supervisors stepping down and indicating they have no disagreements with the company, marking a significant shift in its oversight structure for shareholders to monitor.
China Cinda Asset Management Co., Ltd. announced that all resolutions proposed at its third extraordinary general meeting of 2025, held in Beijing on 24 December, were duly passed by poll with high approval rates and a strong shareholder turnout representing about 73% of the company’s voting shares. Shareholders approved the 2023 remuneration settlement schemes for directors and supervisors, the election of Wang Kunhui as a non-executive director, and a special resolution authorizing charitable donations to support fire rescue and relief efforts at Wang Fuk Court in Hong Kong’s Tai Po District, underscoring both continuity in corporate governance and a commitment to social responsibility.
China Cinda Asset Management has approved the nomination of three independent non-executive directors as part of its eleventh board meeting in 2025, re-electing incumbent independents Wang Changyun and Sun Maosong and proposing the appointment of Wang Pengcheng, each for a three-year term subject to shareholder and, where applicable, regulatory approval. The move reinforces the company’s board with high-profile academic and industry expertise in finance, artificial intelligence, accounting, ESG and corporate governance, signaling an emphasis on regulatory compliance, risk oversight and sustainable development that is likely to be viewed positively by investors and other stakeholders concerned with board independence and professional diversity.
China Cinda Asset Management Co., Ltd. has updated the market on the composition of its board of directors, listing its executive, non-executive and independent non-executive directors, with Zhang Weidong serving as chairman and Zhao Limin as vice president. The company has also detailed the membership of its five key board committees—Strategic Development, Audit, Risk Management, Nomination and Remuneration, and Connected Transaction Control—clarifying governance responsibilities and oversight structures, a move that underscores its focus on strengthened corporate governance, risk control and regulatory compliance in China’s financial sector.
China Cinda Asset Management Co., Ltd. has announced a significant restructuring involving the mergers of CICC, Cinda Securities, and Dongxing Securities. The proposed mergers aim to consolidate resources under CICC through a share-for-share exchange, resulting in Cinda Securities ceasing to be a subsidiary of the company. This strategic move is expected to enhance operational efficiency, integrate assets, and redefine ownership structures, which could have substantial implications for its shareholders and the industry.
China Cinda Asset Management Co., Ltd. has announced its 2025 third extraordinary general meeting (EGM) to be held on December 24, 2025, in Beijing. The meeting will address several key resolutions, including the approval of remuneration schemes for directors and supervisors for 2023, the election of Mr. Wang Kunhui as a non-executive director, and a special resolution for charitable donations to support fire rescue and relief efforts in Hong Kong. This meeting highlights the company’s ongoing governance and community support initiatives, potentially impacting its operational focus and stakeholder relations.
China Cinda Asset Management Co., Ltd. announced the nomination of Mr. WANG Kunhui as a non-executive director, effective upon approval at the general meeting and by the National Financial Regulatory Administration. Mr. WANG brings extensive experience from his previous roles in COSCO SHIPPING, enhancing the company’s leadership. This strategic appointment is expected to strengthen China Cinda’s governance and potentially impact its market positioning positively, although Mr. WANG will not receive any remuneration for his role.
China Cinda Asset Management Co., Ltd. announced the redemption of its tier-2 capital bonds, which were initially issued in November 2020 for RMB8 billion. The company has exercised its redemption right, completing the full redemption of these bonds ahead of the scheduled date in November 2025, reflecting its strategic financial management and potentially impacting its financial stability and market perception.
China Cinda Asset Management Co., Ltd. announced that its subsidiary, Cinda Securities, has entered into a legally binding cooperation agreement with China International Capital Corporation Limited and Dongxing Securities to explore proposed mergers through absorption and share exchanges. This potential merger, if realized, could constitute a significant transaction for China Cinda, impacting its market positioning and operations. However, there is no guarantee that these mergers will materialize, and stakeholders are advised to exercise caution.
China Cinda Asset Management Co., Ltd. announced the resignation of Mr. LAM Chi Kuen as an independent non-executive director due to the expiration of his term. His resignation will become effective once a new director is elected and approved by the National Financial Regulatory Administration. Mr. LAM will continue his duties until then, and he has confirmed no disagreements with the board. The company expressed gratitude for his contributions.
China Cinda Asset Management Co., Ltd. held its 2025 second extraordinary general meeting (EGM) where key resolutions were passed. These included amendments to the Articles of Association and the Rules of Procedures for both Shareholders’ and Board Meetings, as well as the election of Mr. SONG Weigang and Mr. WANG Zhongze as directors. The resolutions were approved by a significant majority, reflecting strong shareholder support and potentially impacting the company’s governance structure and strategic direction.