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China International Capital Corp Ltd Class H (HK:3908)
:3908
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China International Capital (3908) AI Stock Analysis

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HK:3908

China International Capital

(3908)

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Outperform 70 (OpenAI - 4o)
Rating:70Outperform
Price Target:
HK$23.00
▲(1.14% Upside)
The overall stock score of 70 reflects strong financial management and positive technical indicators. While the valuation is reasonable, the modest dividend yield limits income potential. The absence of earnings call data and corporate events does not impact the score.
Positive Factors
Strong Financial Management
The company's robust financial management and profitability indicate a strong foundation, enabling sustainable operations and strategic growth.
Stable Margins
Stable margins demonstrate effective cost control and operational efficiency, supporting long-term profitability and competitiveness.
Improving Cash Flow
Improved cash flow enhances financial flexibility, allowing the company to invest in growth opportunities and manage debt more effectively.
Negative Factors
Revenue Decline
A decline in revenue can pressure profitability and limit the company's ability to reinvest in its business, potentially affecting future growth.
Leverage Risk
High leverage can increase financial risk, potentially impacting the company's ability to weather economic downturns and invest in growth.
Cash Flow Volatility
Volatile cash flows can create liquidity challenges, affecting the company's ability to meet short-term obligations and fund operations consistently.

China International Capital (3908) vs. iShares MSCI Hong Kong ETF (EWH)

China International Capital Business Overview & Revenue Model

Company DescriptionChina International Capital Corporation Limited (CICC) is a leading investment bank in China, providing a comprehensive range of financial services including securities, asset management, investment banking, and wealth management. Established in 1995, CICC operates primarily in the sectors of investment banking and brokerage services, catering to a diverse clientele that includes corporations, financial institutions, and government agencies. The company is known for its expertise in capital markets, providing services such as underwriting, advisory, and trading across various financial instruments.
How the Company Makes MoneyCICC generates revenue through multiple streams, primarily including investment banking fees from underwriting and advisory services for mergers and acquisitions (M&A), initial public offerings (IPOs), and other capital raising activities. The company also earns commissions and fees from brokerage services provided to institutional and retail clients. Additionally, CICC has a significant asset management division that contributes to its earnings through management fees and performance fees from its investment funds. The firm's wealth management services further bolster its revenue through advisory fees and commissions on financial products sold to high-net-worth individuals. Strategic partnerships with global financial institutions and its strong presence in both domestic and international markets enhance CICC's ability to generate income and expand its client base.

China International Capital Financial Statement Overview

Summary
China International Capital shows strong financial management with high profitability and a solid equity base. Despite a revenue decline and high leverage, the company maintains stable margins and improved cash flow generation.
Income Statement
65
Positive
China International Capital showed mixed performance in its income statement. The gross profit margin remained high, indicating efficient cost management. However, there was a significant revenue decline from 2023 to 2024, impacting net profit margins. EBIT and EBITDA margins were relatively stable, reflecting consistent core operational performance.
Balance Sheet
72
Positive
The company's balance sheet reveals a strong equity position with an improving equity ratio, indicating a solid financial foundation. The debt-to-equity ratio is relatively high, which suggests leverage risk, but the return on equity remains robust, signaling effective use of equity to generate profits.
Cash Flow
70
Positive
Cash flow analysis displays improvements, particularly with a significant recovery in free cash flow in 2024. The operating cash flow to net income ratio indicates efficient cash generation from operations. However, historical volatility in cash flows poses potential liquidity risks.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue24.29B19.63B33.02B36.82B41.46B34.42B
Gross Profit24.29B20.71B21.49B23.54B33.19B21.82B
EBITDA0.0015.62B19.33B19.88B22.43B16.43B
Net Income7.80B5.69B6.16B7.60B10.78B7.21B
Balance Sheet
Total Assets699.76B674.72B624.31B648.76B649.80B521.62B
Cash, Cash Equivalents and Short-Term Investments0.0088.68K431.90B438.80B427.06B342.80B
Total Debt73.34B304.31B280.33B276.96B253.36B215.33B
Total Liabilities580.66B559.09B519.41B549.29B565.06B449.81B
Stockholders Equity118.78B115.35B104.60B99.19B84.42B71.63B
Cash Flow
Free Cash Flow39.83B40.93B-3.88B56.37B808.99M-34.20B
Operating Cash Flow40.66B41.87B-2.42B57.96B1.87B-33.74B
Investing Cash Flow-15.13B-24.31B2.08B-23.44B-7.33B-8.06B
Financing Cash Flow-12.41B-8.40B-13.71B-15.13B25.52B65.99B

China International Capital Technical Analysis

Technical Analysis Sentiment
Positive
Last Price22.74
Price Trends
50DMA
21.35
Positive
100DMA
20.04
Positive
200DMA
17.03
Positive
Market Momentum
MACD
0.43
Negative
RSI
59.00
Neutral
STOCH
84.86
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3908, the sentiment is Positive. The current price of 22.74 is above the 20-day moving average (MA) of 21.67, above the 50-day MA of 21.35, and above the 200-day MA of 17.03, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 59.00 is Neutral, neither overbought nor oversold. The STOCH value of 84.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3908.

China International Capital Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
€158.84B12.739.41%3.41%51.04%24.56%
$165.85B13.016.94%0.86%4.69%61.01%
$18.00B11.429.92%3.81%9.73%1.22%
$463.05B17.0710.17%1.84%62.72%29.18%
€201.84B12.0211.96%1.95%20.62%58.53%
$209.03B10.4510.50%2.76%10.82%55.25%
€16.07B26.0242.24%3.47%8.71%10.51%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3908
China International Capital
22.74
8.80
63.08%
HK:6030
CITIC Securities Co
30.82
9.55
44.89%
HK:6886
Huatai Securities Co
20.78
7.90
61.35%
HK:6099
China Merchants Securities Co., Ltd. Class H
15.91
3.13
24.47%
HK:6066
CSC Financial Co., Ltd. Class H
13.88
4.80
52.90%
HK:1428
Bright Smart Securities & Commodities Group Limited
9.50
7.26
324.11%

China International Capital Corporate Events

China International Capital Corporation Schedules Board Meeting for Financial Results
Oct 17, 2025

China International Capital Corporation Limited has announced a board meeting scheduled for October 29, 2025, to discuss and approve the publication of its financial results for the nine months ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and could impact its market positioning and stakeholder confidence.

The most recent analyst rating on (HK:3908) stock is a Buy with a HK$27.12 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.

China International Capital Announces 2025 First Extraordinary General Meeting
Oct 15, 2025

China International Capital Corporation Limited has announced its 2025 First Extraordinary General Meeting (EGM) to be held on October 31, 2025, in Beijing. Key agenda items include the cancellation of the Supervisory Committee, amendments to the Articles of Association, and the approval of the 2025 interim profit distribution plan. The company plans to distribute a total cash dividend of RMB434,453,118.12 to shareholders. These resolutions aim to streamline governance and enhance shareholder value, reflecting the company’s strategic focus on operational efficiency and financial performance.

The most recent analyst rating on (HK:3908) stock is a Buy with a HK$27.12 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.

China International Capital Updates Interim Dividend Details
Oct 15, 2025

China International Capital Corporation Limited announced an update to its interim dividend for the six months ended June 30, 2025. The dividend declared is RMB 0.9 per 10 shares, with the payment date set for December 29, 2025. The announcement includes details on shareholder approval, ex-dividend date, and withholding tax rates for different categories of shareholders, reflecting the company’s ongoing commitment to shareholder returns and its strategic financial management.

The most recent analyst rating on (HK:3908) stock is a Buy with a HK$27.12 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.

China International Capital Corporation Proposes Governance Structure Amendments
Oct 13, 2025

China International Capital Corporation Limited announced proposed amendments to its Articles of Association, aiming to streamline its governance structure by replacing the Supervisory Committee with the Audit Committee of the Board of Directors. This change, pending approval at the Shareholders’ General Meeting, reflects the company’s efforts to align with regulatory requirements and enhance corporate governance, potentially impacting its operational efficiency and stakeholder relations.

The most recent analyst rating on (HK:3908) stock is a Buy with a HK$27.12 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.

China International Capital Announces H Share Register Closure for 2025 EGM
Oct 10, 2025

China International Capital Corporation Limited has announced the closure of its H share register of members from October 27 to October 31, 2025, to determine the entitlement of H share holders to attend its 2025 First Extraordinary General Meeting on October 31, 2025. This move is significant for stakeholders as it outlines the procedural requirements for participation in the meeting, which could impact shareholder decisions and company governance.

The most recent analyst rating on (HK:3908) stock is a Buy with a HK$27.12 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.

China International Capital Corp Reports Strong Interim Results
Aug 30, 2025

China International Capital Corporation Limited (CICC) is a leading investment bank in China, offering a wide range of financial services including investment banking, securities, wealth management, and asset management, with a strong presence both domestically and internationally.

China International Capital Corporation Announces Interim Dividend for 2025
Aug 29, 2025

China International Capital Corporation Limited announced an interim cash dividend of RMB 0.9 per 10 shares for the six months ending June 30, 2025. The announcement outlines the tax implications for different shareholder categories, including a 20% tax rate for individual residents within the PRC and a 10% rate for non-resident enterprises. The specific details regarding the HKD amount, exchange rate, and key dates such as the ex-dividend date and payment date are yet to be announced. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and may impact investor sentiment and market positioning.

The most recent analyst rating on (HK:3908) stock is a Buy with a HK$21.20 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.

China International Capital Corporation Releases 2025 Interim Results
Aug 29, 2025

China International Capital Corporation Limited has announced its unaudited interim results for the first half of 2025, adhering to the Hong Kong Stock Exchange’s listing rules. The interim report, which will be available on both the company’s and Hong Kong Exchanges’ websites, reflects the company’s ongoing compliance and transparency efforts, potentially impacting its market perception and stakeholder confidence.

The most recent analyst rating on (HK:3908) stock is a Buy with a HK$21.20 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.

China International Capital Corporation to Review Interim Results and Dividend Proposal
Aug 19, 2025

China International Capital Corporation Limited has announced that its board of directors will meet on August 29, 2025, to discuss and approve the publication of its interim financial results for the first half of the year ending June 30, 2025. The meeting will also consider the recommendation for an interim dividend payment, which could have implications for shareholders and the company’s financial strategy.

The most recent analyst rating on (HK:3908) stock is a Buy with a HK$23.47 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.

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.Date of analysis: Oct 21, 2025