| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.57B | 25.44B | 15.53B | 15.11B | 12.18B | 10.85B |
| Gross Profit | 16.57B | 25.39B | 15.53B | 7.89B | 5.30B | 10.37B |
| EBITDA | 18.26B | 26.08B | 21.88B | 18.55B | 11.51B | 15.70B |
| Net Income | 5.02B | 4.50B | 4.15B | 3.35B | 3.92B | 3.27B |
Balance Sheet | ||||||
| Total Assets | 417.73B | 405.85B | 409.69B | 354.72B | 341.84B | 303.33B |
| Cash, Cash Equivalents and Short-Term Investments | 22.84B | 10.36B | 69.44B | 29.76B | 36.83B | 34.99B |
| Total Debt | 354.57B | 343.68B | 342.87B | 298.95B | 294.95B | 258.73B |
| Total Liabilities | 376.11B | 365.59B | 372.41B | 320.43B | 311.73B | 276.70B |
| Stockholders Equity | 41.62B | 40.26B | 37.28B | 34.28B | 30.11B | 26.63B |
Cash Flow | ||||||
| Free Cash Flow | -70.24B | -22.54B | 46.67B | 3.06B | -842.62M | 10.88B |
| Operating Cash Flow | -51.67B | 582.68M | 66.83B | 17.00B | 23.71B | 27.81B |
| Investing Cash Flow | -5.17B | -32.53B | -35.32B | -8.79B | -24.12B | -13.01B |
| Financing Cash Flow | 1.93B | -7.16B | -7.49B | -14.47B | -3.12B | 1.23B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$21.24B | 3.92 | 13.09% | 5.84% | 3.17% | 23.13% | |
71 Outperform | HK$6.42B | 4.29 | 7.87% | 11.28% | 0.59% | -5.95% | |
66 Neutral | HK$35.70B | 7.60 | 7.90% | 6.69% | -1.77% | -24.74% | |
64 Neutral | HK$1.39B | 3.83 | 9.89% | 7.43% | 1.11% | 3.98% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | HK$290.84M | 21.50 | 0.49% | ― | 8.77% | -76.88% | |
47 Neutral | HK$134.98M | -1.62 | -21.07% | ― | 25.64% | -25.07% |
China Development Bank Financial Leasing Co., Ltd. has formally adopted a set of Rules of Procedures for its shareholders’ meeting, as approved at its third extraordinary shareholders’ meeting of 2025 held on 31 December 2025. The document standardizes the powers and authorisation of the shareholders’ meeting, procedures for convening and conducting meetings, class-shareholder voting arrangements, rules on adjournment, and post-meeting matters, reinforcing the company’s corporate governance framework and clarifying decision-making processes for shareholders and other stakeholders.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd., a PRC-based financial leasing company linked to China Development Bank but not licensed as a banking institution in Hong Kong, focuses on providing leasing-related financial solutions rather than traditional deposit-taking or banking services in the Hong Kong market. The company has approved a comprehensive set of Rules of Procedures for its board of directors at its third extraordinary shareholders’ meeting of 2025, detailing the board’s composition, powers, special committees, the role of the board secretary, and the processes for convening meetings, passing resolutions, and implementing board decisions, signaling a move to strengthen corporate governance and formalize decision-making mechanisms for stakeholders.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has adopted updated Equity Management Measures, approved at its third extraordinary shareholders’ meeting of 2025, to strengthen corporate governance and standardise shareholder behaviour. The 2025 Measures define the scope of equity management, covering shareholder qualification, changes in shareholdings, conduct regulation and information management for all ordinary shareholders in both domestic and H-share classes, and reaffirm compliance with a broad set of Chinese corporate, banking and financial-leasing regulations. By clarifying how equity is represented, registered and monitored, and by emphasising legal compliance, classified management and risk prevention, the company aims to enhance equity stability, protect the legitimate rights and interests of shareholders, and reinforce its governance structure, which may improve transparency and regulatory alignment for investors and other stakeholders.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. announced that its third extraordinary shareholders’ meeting of 2025, held on 31 December, approved all proposed amendments to its rules of procedures for shareholders’ meetings and the board of directors, as well as its equity management measures. The resolutions passed with overwhelming support from shareholders representing about 75.44% of the company’s issued share capital, underscoring strong investor backing for governance and equity-management refinements that are intended to align the company’s operations more closely with PRC regulations, Hong Kong listing requirements and its articles of association, while reinforcing transparency and procedural robustness for stakeholders.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has entered into an Asset Purchase Agreement to acquire residential photovoltaic power stations and ancillary equipment in Guangdong and Anhui Provinces for RMB1,210,000,000. This transaction, which is part of the company’s strategy to enhance its market share in the operating lease market for residential photovoltaic new energy, is expected to strengthen its position in the renewable energy sector.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has updated the terms of reference for its Audit Committee, which were approved by the board of directors and will be effective upon regulatory approval. The committee is tasked with overseeing the company’s financial operations, internal controls, and audits, ensuring compliance with relevant laws and regulations. This move is aimed at enhancing corporate governance and ensuring robust financial oversight, which could strengthen the company’s operational integrity and stakeholder confidence.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease transaction with Shanghai Mingxing Auto Service Co., Ltd., involving the purchase and leaseback of vehicles worth RMB182,000,000 for a 12-month period. This transaction, when aggregated with previous similar transactions, constitutes a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from circular and shareholders’ approval requirements.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has entered into an Asset Transfer Agreement with PowerChina Leasing Co., Ltd., Ningxia Daxin New Energy Co., Ltd., and PowerChina Shanghai Electric Power Engineering Co., Ltd. The agreement involves the transfer of ownership of photovoltaic power station equipment and facility assets located in Wuzhong City, Ningxia Hui Autonomous Region, China. The transaction, valued at RMB1,000,000,000, is classified as a discloseable transaction under the Listing Rules, requiring reporting and announcement but exempt from circular and shareholders’ approval. This move signifies a strategic expansion in the renewable energy sector, potentially enhancing the company’s asset portfolio and positioning within the industry.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has announced the third extraordinary shareholders’ meeting of 2025, scheduled for December 31, 2025, in Shenzhen, China. The meeting will address proposed amendments to the company’s rules of procedures and equity management measures, which could impact the company’s governance and operational frameworks.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. announced the approval of amendments to its Articles of Association by the Shenzhen Office of the National Financial Regulatory Administration. As a result, the company will cancel its Board of Supervisors and transfer its duties to the Audit Committee of the Board of Directors, aligning with regulatory requirements. This change reflects a strategic shift in corporate governance, potentially impacting the company’s operational structure and stakeholder relations.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has entered into a finance lease agreement with Qinghai Huangnan Yuedian New Energy Co., Ltd. for photovoltaic power station facilities located in Qinghai Province, China. The transaction involves the purchase of leased assets for RMB1,220,000,000 and a lease period of 192 months, with a total lease interest of approximately RMB400,000,000. This transaction, classified as a discloseable transaction under Chapter 14 of the Listing Rules, highlights the company’s strategic focus on expanding its leasing operations in the renewable energy sector, potentially enhancing its market position and offering growth opportunities for stakeholders.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has announced a discloseable transaction involving the purchase of 1,372 units of information technology computer equipment from Shandong Zhisuo Information Technology Co., Ltd. for RMB1,108,000,000. This transaction, which will be funded through the company’s own funds and/or commercial bank loans, aims to enhance the company’s market share in the computer equipment operating lease market. By entering into the Product Purchase Agreement, the company seeks to leverage its strengths and contribute to the national strategy of strengthening technological infrastructure, ultimately benefiting its shareholders and aligning with its business objectives.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. announced a discloseable transaction involving the sale of a 787-9 aircraft to United Airlines. This transaction, combined with a previous similar sale, exceeds the 5% threshold for discloseable transactions under Hong Kong’s Listing Rules, necessitating an announcement. The company received a waiver from strict compliance with certain disclosure requirements due to the economic equivalence of the transaction structure and the potential adverse impact of full disclosure on its operations.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. announced the successful passing of a resolution at its Extraordinary General Meeting to inject capital into its wholly-owned subsidiary, CDB Aviation Lease Finance Designated Activity Company. This capital injection is subject to approvals from the Shenzhen Office of the National Financial Regulatory Administration and the National Development and Reform Commission. The unanimous approval of the resolution by shareholders, representing 75.53% of the total issued shares, underscores strong support for the company’s strategic initiatives in enhancing its aviation leasing operations.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has entered into a finance lease arrangement involving the purchase and lease of wind power station equipment in Heilongjiang Province, China. The transaction, valued at RMB1.5 billion, is considered a discloseable transaction under Hong Kong listing rules, indicating its significance to the company’s operations and market positioning.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. announced a significant transaction involving the purchase of 1,198 units of information technology computer equipment for RMB1,040,000,000. This transaction, categorized as a discloseable transaction under Hong Kong’s Listing Rules, aims to enhance the company’s market share in the computer equipment operating lease market and aligns with China’s national strategy to bolster technological infrastructure.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has announced the approval of Ms. LIU Siqin as an independent non-executive director, effective from 30 October 2025. This appointment allows the company to comply with the Hong Kong Stock Exchange’s listing rules regarding board composition and committee leadership. Ms. LIU will serve as chairman of the Remuneration and Nomination Committees and as a member of several other board committees. Her appointment ensures that the company meets the regulatory requirements for independent non-executive directors, enhancing its governance structure and potentially improving stakeholder confidence.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. announced the composition of its board of directors and the roles of each member within various committees. This organizational update may impact the company’s governance and strategic decision-making, potentially influencing its market operations and stakeholder relations.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has announced a capital injection of US$0.86 billion into its wholly-owned subsidiary, CDB Aviation. This move is aimed at meeting regulatory requirements and strengthening the subsidiary’s capital base, which will enhance its market competitiveness and support sustainable growth. The capital injection aligns with the company’s strategic development plans and is expected to bring long-term strategic benefits to the group.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has announced the convening of its second extraordinary general meeting (EGM) of 2025, scheduled for November 17, 2025. The primary agenda for the meeting is to consider and approve a capital injection into its wholly-owned subsidiary, CDB Aviation Lease Finance Designated Activity Company. This move could potentially strengthen the company’s financial position and enhance its competitive edge in the aviation leasing market.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
China Development Bank Financial Leasing Co., Ltd. has announced the closure of its register of members in preparation for its second extraordinary general meeting (EGM) of 2025, scheduled for 17 November 2025. This move is significant for shareholders as it determines their eligibility to attend and vote at the meeting, impacting their involvement in the company’s future decisions.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.