C&D International Investment Group Ltd. (HK:1908)
:1908
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C&D International Investment Group Ltd.
(1908)
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Rating:68Neutral
Price Target:
HK$17.50
â–²(0.57% Upside)
Action:ReiteratedDate:05/07/26
The score is led by attractive valuation (low P/E and high dividend yield) and supportive technical momentum (price above key moving averages with positive MACD). These positives are tempered by mixed financial performance—strong recent cash flow, but weakening revenue/margins and elevated leverage (debt-to-equity ~3.3) that increases risk for a real estate developer.
Positive Factors
Cash generation
A material uplift in operating and free cash flow in 2025 strengthens the firm's ability to fund development, service debt, and support distributions without immediate reliance on external financing. Over the next several months stronger cash conversion improves liquidity resilience for project cycles.
Negative Factors
Elevated leverage
A sharp step-up in leverage materially increases refinancing and liquidity risk for a cyclical developer. High debt-to-equity reduces flexibility to pursue new projects, raises interest burden, and magnifies downside if sales or prices soften, presenting a meaningful structural vulnerability.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
A material uplift in operating and free cash flow in 2025 strengthens the firm's ability to fund development, service debt, and support distributions without immediate reliance on external financing. Over the next several months stronger cash conversion improves liquidity resilience for project cycles.
Read all positive factors
C&D International Investment Group Ltd. (1908) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$36.07B
Dividend Yield7.62%
Average Volume (3M)6.20M
Price to Earnings (P/E)8.0
Beta (1Y)1.13
Revenue Growth-3.90%
EPS Growth-32.19%
CountryHK
Employees22,069
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)2.00
Shares Outstanding2,240,154,000
10 Day Avg. Volume9,990,843
30 Day Avg. Volume6,204,605
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)0.94
Price to Sales (P/S)0.21
P/FCF Ratio1.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$19.25Price Target Upside10.61% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)1.65
Revenue Forecast (FY)HK$125.60B
C&D International Investment Group Ltd. Business Overview & Revenue Model
Company Description
C&D International Investment Group Limited, an investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in Mainland China, Hong Kong, Macau, Taiwan, and int...
C&D International Investment Group Ltd. Financial Statement Overview
Summary
Income Statement
57
Neutral
Balance Sheet
44
Neutral
Cash Flow
71
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 144.40B | 133.34B | 142.99B | 134.43B | 99.64B | 54.56B |
| Gross Profit | 19.47B | 18.46B | 18.97B | 14.92B | 15.22B | 9.08B |
| EBITDA | 10.68B | 10.07B | 10.25B | 9.12B | 9.41B | 6.54B |
| Net Income | 4.90B | 3.56B | 4.80B | 5.03B | 4.93B | 3.55B |
Balance Sheet | ||||||
| Total Assets | 443.93B | 368.41B | 412.48B | 427.28B | 393.46B | 343.52B |
| Cash, Cash Equivalents and Short-Term Investments | 58.83B | 50.65B | 62.46B | 51.12B | 47.37B | 44.87B |
| Total Debt | 92.75B | 99.43B | 84.64B | 83.23B | 92.25B | 85.18B |
| Total Liabilities | 336.93B | 284.22B | 309.98B | 336.34B | 314.04B | 280.27B |
| Stockholders Equity | 38.51B | 30.11B | 37.56B | 33.46B | 31.64B | 26.61B |
Cash Flow | ||||||
| Free Cash Flow | 18.97B | 20.96B | 3.52B | 24.22B | 3.41B | 6.41B |
| Operating Cash Flow | 19.18B | 21.28B | 3.74B | 24.41B | 3.52B | 6.50B |
| Investing Cash Flow | -18.71B | -1.54B | -5.45B | -8.41B | -16.37B | -20.48B |
| Financing Cash Flow | 6.57B | -26.22B | 4.83B | -12.24B | 13.39B | 31.64B |
C&D International Investment Group Ltd. Technical Analysis
Neutral
17.40
Price Trends
14.45
Negative
15.19
Negative
16.17
Negative
Market Momentum
-0.05
Negative
55.88
Neutral
85.82
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1908, the sentiment is Neutral. The current price of 17.4 is above the 20-day moving average (MA) of 13.38, above the 50-day MA of 14.45, and above the 200-day MA of 16.17, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 55.88 is Neutral, neither overbought nor oversold. The STOCH value of 85.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1908.
C&D International Investment Group Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$43.19B | 12.18 | 2.21% | 2.89% | 30.00% | 2.61% | |
68 Neutral | HK$36.07B | 7.97 | 10.51% | 7.62% | -3.90% | -32.19% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
59 Neutral | HK$36.17B | 22.49 | 0.90% | 6.48% | 2.27% | 16.09% | |
53 Neutral | HK$24.46B | 22.89 | 1.53% | 2.46% | 0.69% | -16.87% | |
44 Neutral | HK$25.95B | -35.29 | 0.21% | 3.94% | -2.02% | -95.76% | |
41 Neutral | HK$16.50B | -11.09 | 0.73% | ― | -40.33% | -21.72% |
* Real Estate Sector Average
HK:1908
C&D International Investment Group Ltd.
16.30
1.17
7.73%
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10.35
1.01
10.85%
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7.54
42.40%
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3.69%
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HK:0817
China Jinmao Holdings Group Limited
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0.79
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C&D International Investment Group Ltd. Corporate Events
C&D International Sets 2026 AGM to Approve Dividend, Board Mandates and Share Issuance Authority
Apr 30, 2026
CD International Investment Group Ltd. has called its annual general meeting for 27 May 2026 in Hong Kong, where shareholders will review and approve the 2025 audited financial statements and vote on a proposed final dividend of HK$0.9 per share, ...
C&D International Appoints C&D Group Executive Cheng Dongfang as Non-Executive Director
Apr 24, 2026
CD International Investment Group Limited has appointed Cheng Dongfang as a non-executive director with effect from 24 April 2026, expanding its board with an executive from affiliated entity Xiamen CD Group. Cheng brings over two decades of exper...
C&D International Clarifies Board Line-Up and Committee Structure
Apr 24, 2026
CD International Investment Group Limited has outlined the composition of its board of directors, naming four executive directors led by chairman Lin Weiguo and CEO Tian Meitan, along with three non-executive and four independent non-executive dir...
C&D International Unit Signs MOU for Potential Connected Acquisition of C&D City Service
Apr 10, 2026
CD International Investment Group and CD Property Management said their joint subsidiary Xiamen Yirui has signed a memorandum of understanding to potentially acquire 100% of the equity in CD City Service from controlling shareholder Xiamen CD and ...
C&D International’s Q1 2026 Contracted Sales Drop Over 20% on Preliminary Data
Apr 10, 2026
CD International Investment Group reported unaudited operating figures for the first quarter of 2026, posting cumulative contracted sales attributable to shareholders of about RMB19.31 billion and contracted sales gross floor area of roughly 0.706...
C&D International Profit and Sales Decline in 2025 as Property Market Softens
Mar 25, 2026
CD International Investment Group reported a decline in key operating metrics for 2025, with contracted sales attributable to shareholders falling 12% to about RMB90.93 billion and gross floor area sold dropping 27.6% to 3.653 million square metre...
C&D International Declares HKD 0.9 Final Dividend with Scrip Option for 2025
Mar 25, 2026
CD International Investment Group Limited has declared a final ordinary dividend of HKD 0.9 per share for the financial year ended 31 December 2025, payable in cash by default in Hong Kong dollars. Shareholders on the register as of 3 June 2026 wi...
C&D International Tightens Debt Management With Revised Loan Terms and RMB2 Billion Repayment
Mar 23, 2026
CD International Investment Group Limited has amended the terms of its renewable term loan agreements between its indirect wholly owned subsidiary Yi Yue and controlling shareholder CD Real Estate, revising the early redemption mechanism. Yi Yue c...
C&D International Sets March 2026 Board Meeting to Approve 2025 Final Results
Mar 13, 2026
CD International Investment Group Limited has scheduled a board meeting for 25 March 2026 to review and approve the audited final results for the financial year ended 31 December 2025. The board will also consider recommending a final dividend, if...
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.