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Haitong Unitrust International Financial Leasing Co., Ltd Class H
(1905)
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Rating:59Neutral
Price Target:
HK$0.76
▼(-3.42% Downside)
Action:Downgraded
Date:07/10/26
The score is driven primarily by mixed financial performance—strong recent cash generation and solid net margins are offset by leverage risk and softer top-line/operating momentum. Valuation is a major positive (low P/E and high yield), but technical indicators remain weak with the stock trading below key moving averages and negative MACD.
Positive Factors
Cash Generation
Sustained, large TTM operating and free cash flow (~10.6B) provides durable internal funding for loan originations, dividend capacity and balance-sheet repair. Strong cash conversion also supports discretionary investments and reduces reliance on external funding across 2–6 months.
Negative Factors
Historical High Leverage
Historically very high debt-to-equity (4–5x) signals structural funding intensity for a credit-leasing business. Even with recent improvement, legacy leverage raises sensitivity to rate or funding shocks and limits strategic optionality over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash Generation
Sustained, large TTM operating and free cash flow (~10.6B) provides durable internal funding for loan originations, dividend capacity and balance-sheet repair. Strong cash conversion also supports discretionary investments and reduces reliance on external funding across 2–6 months.
Read all positive factors
Haitong Unitrust International Financial Leasing Co., Ltd Class H (1905) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$6.26B
Dividend Yield11.28%
Average Volume (3M)3.38M
Price to Earnings (P/E)4.3
Beta (1Y)0.59
Revenue Growth-17.62%
EPS Growth-3.54%
CountryHK
Employees1,415
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)0.15
Shares Outstanding5,794,453,000
10 Day Avg. Volume2,809,255
30 Day Avg. Volume3,383,187
Financial Highlights & Ratios
PEG Ratio-0.74
Price to Book (P/B)0.32
Price to Sales (P/S)0.84
P/FCF Ratio1.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Haitong Unitrust International Financial Leasing Co., Ltd Class H Business Overview & Revenue Model
Company Description
Haitong Unitrust International Financial Leasing Co., Ltd., through its subsidiaries, operates as a financial leasing company in the People’s Republic of China. The company offers operating leasing services, and commercial factoring business, as w...
How the Company Makes Money
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Haitong Unitrust International Financial Leasing Co., Ltd Class H Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
46
Neutral
Cash Flow
67
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.13B | 6.89B | 5.79B | 4.38B | 3.95B | 3.32B |
| Gross Profit | 4.13B | 6.09B | 5.79B | 4.65B | 5.33B | 3.32B |
| EBITDA | 0.00 | 4.59B | 2.35B | 2.54B | 2.43B | 2.35B |
| Net Income | 1.33B | 1.39B | 1.51B | 1.61B | 1.53B | 1.41B |
Balance Sheet | ||||||
| Total Assets | 101.99B | 107.80B | 111.30B | 123.35B | 124.51B | 114.74B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 8.35B | 6.65B | 8.38B | 5.42B | 6.10B |
| Total Debt | 39.06B | 81.92B | 82.80B | 92.69B | 91.37B | 82.22B |
| Total Liabilities | 82.27B | 89.57B | 91.31B | 103.11B | 105.69B | 97.12B |
| Stockholders Equity | 19.67B | 17.99B | 19.93B | 20.20B | 18.78B | 17.54B |
Cash Flow | ||||||
| Free Cash Flow | 10.57B | 3.58B | 12.73B | 7.83B | -10.47B | -4.41B |
| Operating Cash Flow | 10.58B | 3.59B | 12.99B | 7.96B | -8.78B | -3.75B |
| Investing Cash Flow | 234.14M | 174.51M | 816.00M | -815.97M | 179.83M | -339.32M |
| Financing Cash Flow | -12.55B | -3.47B | -15.53B | -4.18B | 4.80B | 5.52B |
Haitong Unitrust International Financial Leasing Co., Ltd Class H Technical Analysis
Positive
0.79
Price Trends
0.75
Positive
0.75
Negative
0.75
Negative
Market Momentum
<0.01
Negative
54.31
Neutral
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1905, the sentiment is Positive. The current price of 0.79 is above the 20-day moving average (MA) of 0.74, above the 50-day MA of 0.75, and above the 200-day MA of 0.75, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.31 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1905.
Haitong Unitrust International Financial Leasing Co., Ltd Class H Peers Comparison
UnderperformOutperform
Sector (68)
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% | |
65 Neutral | HK$1.20B | 3.75 | 8.51% | 7.43% | -2.69% | -8.21% | |
64 Neutral | HK$17.07B | 3.03 | 11.65% | 5.84% | -2.83% | 11.78% | |
59 Neutral | HK$6.26B | 4.29 | 5.13% | 11.28% | -17.62% | -3.54% | |
54 Neutral | HK$30.24B | 6.33 | 7.55% | 6.69% | -5.86% | -4.69% | |
42 Neutral | HK$104.61M | -1.22 | -29.10% | ― | -5.72% | -6.26% |
* Financial Sector Average
HK:1905
Haitong Unitrust International Financial Leasing Co., Ltd Class H
0.75
-0.04
-4.58%
HK:3903
Hanhua Financial Holding Co., Ltd. Class H
0.17
0.00
0.00%
HK:1606
China Development Bank Financial Leasing Co Ltd Class H
1.40
-0.24
-14.37%
HK:1601
Zhongguancun Science-Tech Leasing Co. Ltd. Class H
0.73
-0.06
-7.36%
HK:3360
Far East Horizon Limited
6.44
-1.04
-13.93%
HK:0379
China Ever Grand Financial Leasing Group Co., Ltd.
0.06
-0.02
-22.50%
Haitong Unitrust International Financial Leasing Co., Ltd Class H Corporate Events
Haitong Unitrust Seals RMB300 Million Finance Lease for Jinan Water Infrastructure
Jun 25, 2026
Haitong Unitrust International Financial Leasing Co., Ltd has entered into a new finance lease with Jinan City Qingyuan Water Group Co., Ltd, under which it will purchase water supply and environmental protection equipment and facilities in Jinan ...
Haitong Unitrust seals RMB500 million finance lease deal with dual lessees
Jun 24, 2026
Haitong Unitrust International Financial Leasing Co., Ltd. has entered into finance lease contracts under which it will purchase equipment and facilities from two lessees, Tibet Urban Development and Investment Co., Ltd. and Quanzhou Shangshi Real...
Haitong Unitrust Wins HKEX Waiver for New Joint Company Secretary
May 19, 2026
Haitong Unitrust International Financial Leasing has secured a three-year waiver from the Hong Kong Stock Exchange to allow its deputy general manager and board secretary, Sang Linna, to serve as joint company secretary despite not yet meeting for...
Haitong Unitrust Clarifies Board and Committee Roles in Governance Update
May 11, 2026
Haitong Unitrust International Financial Leasing has disclosed an updated list of its directors and detailed their roles across key board committees. The board includes executive, non-executive, employee and independent non-executive directors, re...
Haitong Unitrust Sets Final 2025 Dividend and HKD Payout Terms
May 11, 2026
Haitong Unitrust International Financial Leasing Co., Ltd. has declared a final ordinary dividend of RMB 0.43 per 10 shares for the financial year ended 31 December 2025, with shareholder approval granted on 11 May 2026. The default payout will be...
Haitong Unitrust Revamps Board Secretariat With New Senior Appointment
May 11, 2026
Haitong Unitrust International Financial Leasing Co., Ltd. announced a change in key governance roles, with board secretary and joint company secretary Fu Da stepping down effective 11 May 2026, citing work arrangement changes and no disagreement ...
Haitong Unitrust AGM Backs Dividend Plans and Board Line-up
May 11, 2026
Haitong Unitrust International Financial Leasing Co., Ltd. reported that its annual general meeting in Shanghai was duly convened in compliance with PRC company law, with shareholders representing about 91% of the company’s issued shares par...
Haitong Unitrust posts unaudited first-quarter 2026 financial snapshot
Apr 24, 2026
Haitong Unitrust International Financial Leasing Co., Ltd. has released unaudited financial data for the first quarter of 2026 for the group and the parent company, as required under PRC regulations for issuers in the interbank debt market. The di...
Haitong Unitrust Calls 2025 AGM to Approve Results, Profit Plan and Board Changes
Apr 17, 2026
Haitong Unitrust International Financial Leasing Co., Ltd. has convened its 2025 annual general meeting for May 11, 2026 in Shanghai, where shareholders will review the board’s report, the 2025 annual report, and a proposed profit distributi...
Haitong Unitrust Sets Terms and Timetable for 2025 Final Dividend
Apr 17, 2026
Haitong Unitrust International Financial Leasing has updated details of its proposed final dividend for the year ended 31 December 2025, declaring a payout of RMB 0.43 per 10 shares, subject to shareholder approval on 11 May 2026. The dividend off...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.