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CALB Co., Ltd. Class H
(3931)
CALB Co., Ltd. Class H (3931) vs. iShares MSCI Hong Kong ETF (EWH)
CALB Co., Ltd. Class H Business Overview & Revenue Model
CALB Co., Ltd. Class H Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.70B | 27.75B | 27.01B | 20.37B | 6.82B | 2.83B |
| Gross Profit | 5.15B | 4.26B | 2.65B | 2.45B | 254.98M | 302.15M |
| EBITDA | 3.62B | 2.70B | 2.51B | 1.51B | 442.29M | 250.81M |
| Net Income | 808.17M | 591.20M | 294.38M | 691.63M | 140.03M | 5.16M |
Balance Sheet | ||||||
| Total Assets | 130.54B | 122.47B | 105.43B | 90.46B | 38.62B | 18.30B |
| Cash, Cash Equivalents and Short-Term Investments | 11.25B | 10.89B | 7.98B | 11.11B | 9.29B | 4.30B |
| Total Debt | 52.53B | 46.22B | 29.25B | 17.82B | 2.92B | 1.11B |
| Total Liabilities | 81.73B | 74.42B | 59.04B | 48.89B | 13.63B | 5.69B |
| Stockholders Equity | 35.65B | 35.18B | 34.65B | 34.38B | 29.56B | 14.42B |
Cash Flow | ||||||
| Free Cash Flow | -10.74B | -13.49B | -17.23B | -33.50B | -11.13B | -1.50B |
| Operating Cash Flow | 2.47B | 3.11B | 2.90B | 3.28B | 2.01B | 2.15B |
| Investing Cash Flow | -15.04B | -18.28B | -19.93B | -24.00B | -15.01B | -5.26B |
| Financing Cash Flow | 6.15B | 16.39B | 13.90B | 29.76B | 14.84B | 4.57B |
CALB Co., Ltd. Class H Technical Analysis
CALB Co., Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$1.16B | 2.50 | 9.11% | 6.40% | 13.14% | -28.26% | |
69 Neutral | HK$19.50B | 22.27 | 15.02% | 2.24% | 20.33% | 27.05% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | HK$52.74B | 60.50 | 2.28% | ― | 16.36% | 102.93% | |
52 Neutral | HK$895.47M | 20.97 | 14.19% | ― | 11.61% | 287.50% | |
51 Neutral | HK$463.46M | -2.26 | -18.92% | ― | -28.40% | -350.00% | |
40 Underperform | HK$267.07M | -5.42 | -8.16% | ― | -0.84% | 42.31% |
CALB Co., Ltd. Class H Corporate Events
CALB Group Co., Ltd. reported that all resolutions at its third extraordinary general meeting of 2025, held on 24 December in Changzhou, were approved by shareholders via poll, with a turnout representing about 72% of the company’s issued share capital. Investors endorsed revisions to the 2025 annual cap under the Entrusted Processing Framework Agreement and approved the 2026 Sales Framework Agreement, including its annual cap and broad authorization for the board or its delegates to amend and execute the connected transaction arrangements in line with regulatory and listing requirements. The strong majority support, despite the required abstention of major shareholder Jintan Group, reinforces board flexibility in handling key processing and sales arrangements, which are central to CALB’s ongoing commercial operations and future revenue streams.
The most recent analyst rating on (HK:3931) stock is a Hold with a HK$31.00 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.
CALB Group Co., Ltd. has increased its stake in a Wuhan-based subsidiary by acquiring an additional 8.3155% equity interest from Wuhan Jingkai Investment Co., Ltd. for RMB660.1 million, following a successful bid in a public tender conducted by the China Beijing Equity Exchange. The transaction, funded from internal resources, raises CALB’s ownership in the target company from 51% to 59.3155%, reinforcing control while the entity remains a non-wholly owned subsidiary. Classified as a connected transaction at the subsidiary level under Hong Kong listing rules, the deal is subject only to reporting and announcement requirements, signalling a relatively modest but strategic capital deployment aimed at consolidating CALB’s operational base without triggering more onerous shareholder approval procedures.
The most recent analyst rating on (HK:3931) stock is a Hold with a HK$31.00 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.
CALB Group Co., Ltd. has announced the convening of its 2025 third extraordinary general meeting to be held on December 24, 2025. The meeting will address several key resolutions, including revisions to the annual cap for the 2025 Entrusted Processing Framework Agreement and the approval of the 2026 Sales and Entrusted Processing Framework Agreements. These resolutions are significant as they involve authorizing the Board to make necessary adjustments and amendments in line with domestic and foreign legal and regulatory requirements, potentially impacting the company’s strategic operations and stakeholder interests.
The most recent analyst rating on (HK:3931) stock is a Hold with a HK$31.00 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.
CALB Group Co., Ltd. has successfully completed the acquisition of a 10.94% equity interest in Jiangsu Olive Sensors High-tech Corporation Limited, a company listed on the ChiNext Board of the Shenzhen Stock Exchange. This acquisition allows CALB to have substantial influence over the target company’s board of directors, as they now hold the majority of directorships. The financial results of Jiangsu Olive Sensors will be consolidated into CALB’s financial statements, enhancing their market position in the high-tech industry.
The most recent analyst rating on (HK:3931) stock is a Hold with a HK$38.00 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.
CALB Group Co., Ltd. has announced revisions to its 2025 Sales Framework Agreement and 2025 Entrusted Processing Framework Agreement with Luoyang Company due to anticipated demand exceeding current annual caps. The company plans to enter into new agreements for 2026, which will involve selling lithium batteries and related products and entrusting processing services to Luoyang Group. These agreements are subject to shareholder approval and are considered continuing connected transactions under Hong Kong’s Listing Rules, requiring reporting and review. The company’s strategic adjustments aim to support its business development needs and maintain its market position.
The most recent analyst rating on (HK:3931) stock is a Hold with a HK$38.00 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.
CALB Group Co., Ltd. has announced a change in its corporate secretarial team. Cheung Kai Cheong Willie will step down from his roles as joint company secretary, process agent, and authorized representative, effective November 12, 2025. He will be succeeded by Wan Wing Yi Carol, who brings over 11 years of experience in the corporate secretarial industry. This transition is expected to maintain the company’s compliance and governance standards, with Wan collaborating closely with existing joint company secretary, Dai Ying.
The most recent analyst rating on (HK:3931) stock is a Hold with a HK$38.00 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.
CALB Group Co., Ltd. announced the acceptance of its registration for medium-term notes by the National Association of Financial Market Institutional Investors, allowing the issuance of up to RMB5 billion over two years. The company has already issued two tranches of these notes, and its unaudited financial statements for the nine months ending September 30, 2025, have been published, highlighting its ongoing financial activities and compliance with PRC regulations.
The most recent analyst rating on (HK:3931) stock is a Buy with a HK$33.40 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.