China ITS Holdings Co., Ltd. (1900) AI Stock Analysis

• Market Cap: HK$349.20M
• Dividend Yield: 69.98%
• Average Volume (3M): 883.04K
• Price to Earnings (P/E): 14.5
• Beta (1Y): 0.47
• Revenue Growth: -5.81%
• EPS Growth: -84.80%
• Country: HK
• Employees: 350
• Sector: Technology
• Sector Strength: 93
• Industry: Information Technology Services
• EPS (TTM): 0.04
• Shares Outstanding: 1,720,185,900
• 10 Day Avg. Volume: 218,810
• 30 Day Avg. Volume: 883,043
• PEG Ratio: -0.33
• Price to Book (P/B): 0.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.64
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score of 73 reflects a balance between strong technical indicators and attractive valuation metrics, against a backdrop of mixed financial performance. The company's low leverage and high dividend yield are significant positives. However, liquidity concerns due to zero operating cash flow and a decrease in revenue growth present challenges that need to be addressed.

China ITS Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

China ITS Holdings Co., Ltd. is a leading provider in the intelligent transportation systems (ITS) sector, specializing in the development and implementation of advanced technology solutions aimed at enhancing the efficiency and safety of transportation infrastructures. The company operates primarily in the sectors of transportation management, electronic toll collection, and traffic monitoring. Its core products and services include integrated solutions and software systems that optimize traffic flow, reduce congestion, and improve road safety, catering to both public and private sector clients.

How the Company Makes Money

China ITS Holdings Co., Ltd. generates revenue through the provision of ITS solutions and services. The company's key revenue streams include project-based income from implementing transportation management systems, recurring revenue from maintenance and support services, and sales of proprietary software and hardware products. Additionally, the company may engage in strategic partnerships with government agencies and private enterprises to deliver tailored ITS solutions, which can significantly contribute to its earnings. Revenue is further supplemented by long-term contracts and collaborations that ensure steady income flow from system upgrades and expansions.

China ITS Holdings Co., Ltd. Financial Statement Overview

Summary

China ITS Holdings Co., Ltd. presents a mixed financial picture. The income statement reflects improved core profitability but faces challenges in revenue growth and net margins. The balance sheet is strong, with low leverage and a high equity ratio, indicating financial stability. However, the cash flow situation is concerning, with zero operating cash flow in 2024, highlighting potential liquidity risks. The company should focus on enhancing revenue growth and cash flow management to improve its overall financial health.

Income Statement

The company shows a mixed performance in its income statement. The gross profit margin improved to 37.23% in 2024 from 38.68% in 2023, indicating strong operational efficiency. However, the net profit margin significantly decreased to 2.69% in 2024 from 16.01% in 2023. Revenue growth has been negative, with a decline of 4.39% from 2023 to 2024. Despite these issues, the EBIT margin increased to 27.19% in 2024 from 18.03% in 2023, showing improved core business profitability.

Balance Sheet

The balance sheet shows financial stability with a debt-to-equity ratio of 0.13 in 2024, suggesting low leverage. The return on equity (ROE) decreased to 1.17% in 2024 from 7.12% in 2023, indicating less efficient use of equity to generate profits. The equity ratio remains strong at 66.27% for 2024, highlighting a solid equity base relative to total assets.

Cash Flow

The cash flow statement indicates challenges, with operating cash flow at zero in 2024. The absence of positive free cash flow growth and operating cash flow to net income ratio suggests potential liquidity issues. The company needs to improve its cash flow management to support ongoing operations and growth.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	819.79M	857.39M	714.42M	740.29M	930.54M
Gross Profit	305.27M	331.69M	259.26M	267.32M	191.51M
EBITDA	206.21M	269.15M	164.98M	216.72M	-12.90M
Net Income	22.06M	137.20M	93.77M	105.36M	-165.87M
Balance Sheet
Total Assets	2.84B	3.10B	2.84B	3.06B	3.48B
Cash, Cash Equivalents and Short-Term Investments	331.52M	484.56M	305.71M	317.88M	240.62M
Total Debt	246.11M	275.02M	258.04M	344.16M	675.27M
Total Liabilities	837.17M	1.03B	945.66M	1.20B	1.65B
Stockholders Equity	1.88B	1.93B	1.78B	1.77B	1.73B
Cash Flow
Free Cash Flow	-31.77M	221.29M	23.86M	327.66M	205.07M
Operating Cash Flow	-23.94M	228.72M	63.74M	388.45M	479.22M
Investing Cash Flow	-48.83M	-30.11M	-64.08M	-41.19M	-256.31M
Financing Cash Flow	-83.13M	-12.55M	-19.84M	-281.75M	-251.55M

China ITS Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1900, the sentiment is Positive. The current price of 0.2 is below the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.18, and above the 200-day MA of 0.17, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.74 is Neutral, neither overbought nor oversold. The STOCH value of 50.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1900.

China ITS Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1522	77 Outperform	HK$629.14M	3.75	6.11%	8.00%	1.20%	-3.85%
1900	73 Outperform	HK$349.20M	14.50	1.16%	69.98%	-5.81%	-84.80%
1985	68 Neutral	HK$453.00M	50.33	4.04%	2.88%	32.84%	36.36%
Sector *	63 Neutral	$34.61B	5.36	-11.67%	1.95%	5.33%	-20.62%
1949	58 Neutral	HK$116.00M	20.59	-70.43%	―	-77.93%	-3076.47%
8606	53 Neutral	HK$137.36M	―	-6.08%	―	8.50%	67.35%
0465	45 Neutral	HK$105.82M	―	-25.32%	―	2.50%	16.40%

China ITS Holdings Co., Ltd. Corporate Events

China ITS Holdings Announces Strategic Acquisition in Intelligent Transportation Sector

China ITS Holdings Co., Ltd. has announced a discloseable transaction involving the acquisition of a 40% equity interest in a target company by its subsidiary, Aproud Technology, for RMB80 million. This strategic move is subject to certain conditions and regulatory approvals, and it reflects the company’s ongoing efforts to strengthen its market position in the intelligent transportation sector, potentially impacting its operational capabilities and stakeholder interests.

China ITS Holdings Unanimously Passes AGM Resolutions

China ITS Holdings Co., Ltd. successfully held its Annual General Meeting on May 28, 2025, where all proposed resolutions were passed unanimously. Key resolutions included the approval of financial statements, re-election of directors, and granting the board authority to manage share repurchases and issuances. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives in the intelligent transportation systems market.

China ITS Announces Early Termination of RHY Lease Agreement

China ITS Holdings Co., Ltd. has announced the early termination of its 2022 RHY Lease and Property Management Service Agreement with Beijing RHY, effective April 30, 2025. This decision, reached after negotiations, is deemed to be on normal commercial terms and is not expected to adversely affect the company’s business or financial condition.

China ITS Holdings Announces 2025 Annual General Meeting Agenda

China ITS Holdings Co., Ltd. has announced its upcoming annual general meeting scheduled for May 28, 2025, in Beijing. Key agenda items include the approval of financial statements, re-election of directors, and the authorization for the board to set directors’ remuneration. Additionally, a resolution will be considered to allow the company to repurchase up to 10% of its shares, which could impact shareholder value and market positioning.