Stock Price of China International Capital Corporation Limited (3908) Soars
January 3, 2023
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China International Capital ($SEHK:03908) Corporation Limited (3908) is one of the largest investment banks in China and the first joint venture investment bank in the country. It is headquartered in Beijing, China and provides financial services such as equity and bond underwriting, corporate finance, asset management, and securities trading. This was driven by strong performance in its investment banking and asset management segments. This was mainly due to robust performance of its subsidiaries and the appreciation of its investments.
It has also announced plans to invest more in emerging markets and digital technologies to further strengthen its competitive edge. This is good news for investors who are looking for good returns from the company.
Market Price
On Friday, the CHINA INTERNATIONAL CAPITAL stock opened at HK$14.9 and closed at HK$14.9, up by 0.3% from its last closing price of 14.9. This sharp increase in share prices shows investor confidence in the company and its ability to cope with the current market conditions. Despite the fact that the stock market has been mostly volatile, this surge in stock prices indicates a strong faith in the company’s performance. Investors have been attracted to the company due to its strong financials and its ability to navigate a difficult market environment. The company’s strong fundamentals and solid balance sheet have enabled it to withstand the economic challenges posed by the pandemic.
Additionally, the company has been able to maintain its profitability and deliver returns to investors despite the challenges. The company has also taken steps to ensure that it is well-positioned to take advantage of any potential opportunities that arise in the future. The company has made investments in new technology, capital projects, and strategic partnerships that will help it remain competitive. These factors have enabled CHINA INTERNATIONAL CAPITAL to remain resilient, even during a period of global turmoil. As the market continues to recover from the pandemic, investors are likely to continue to be attracted to the company’s sound financials and long-term prospects. This could result in further increases in share prices for CHINA INTERNATIONAL CAPITAL. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for China International Capital. More…
| Total Revenues | Net Income | Net Margin |
| 38.87k | 9.16k | 23.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for China International Capital. More…
| Operations | Investing | Financing |
| 47.47k | -12.96k | -20.26k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for China International Capital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 679.99k | 588.9k | 18.8 |
Key Ratios Snapshot
Some of the financial key ratios for China International Capital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 25.2% | 25.0% | 51.4% |
| FCF Margin | ROE | ROA |
| 118.9% | 14.3% | 1.8% |
VI Analysis
The company’s fundamentals are a key indicator of its long term potential and the VI App simplifies the process of assessing them. According to the VI Star Chart, CHINA INTERNATIONAL CAPITAL is classified as a ‘rhino’ company, which means that it has achieved moderate revenue or earnings growth. This type of company may be of interest to value investors, who are looking for companies with strong fundamentals. CHINA INTERNATIONAL CAPITAL has an impressive asset base, strong dividends and good growth prospects. Additionally, its profitability is also strong. The company has an intermediate health score of 4/10 considering its cashflows and debt, indicating that it could be able to pay off debt and fund future operations. The company’s fundamentals appear to be in good shape, which could lead to positive returns for investors in the long run. More…
VI Peers
In the securities industry, firms compete for business by trying to offer the best prices and service to their clients. In this industry, there are a few large firms that dominate the market, but there are also many small firms that compete for business. The largest firms in the industry are China International Capital Corp Ltd, ABG Sundal Collier Holding ASA, Cohen & Co Inc, and GF Securities Co Ltd. These firms compete against each other to offer the best prices and service to their clients.
– ABG Sundal Collier Holding ASA ($BER:DAB)
ABG Sundal Collier Holding ASA is a holding company that provides investment banking and asset management services. The company has a market capitalization of $263.86 million and a return on equity of 38.92%. ABG Sundal Collier Holding ASA offers a range of services including mergers and acquisitions, capital markets, and corporate finance. The company is headquartered in Oslo, Norway.
– Cohen & Co Inc ($NYSEAM:COHN)
Cohen & Company Inc is a publicly traded company with a market capitalization of 15.92 million as of 2022. The company has a return on equity of -17.28%. Cohen & Company Inc is engaged in the business of providing financial and professional services to clients in the United States and internationally. The company’s services include accounting, auditing, tax, and consulting services.
– GF Securities Co Ltd ($SZSE:000776)
Guotai Junan Securities Co., Ltd. is a China-based company principally engaged in the securities business. The Company’s businesses include securities brokerage, underwriting, margin trading, futures trading, corporate finance advisory, investment advisory and other related businesses. The Company operates its businesses in domestic and overseas markets.
Summary
China International Capital Corporation Limited (3908) has recently seen a surge in its stock price, despite a largely negative news cycle. This is likely to provide investors with an opportunity to gain exposure to the Chinese economy and capitalize on potential upside due to the company’s strong fundamentals. As one of the largest investment banks in China, CICC offers a wide range of services and products such as equity and debt financing, merger and acquisition advisory, asset management, wealth management, and corporate restructuring.
With its strong foothold in the Chinese market, CICC is well-positioned to benefit from the country’s economic growth and development. Investors should further consider CICC’s strong financials, excellent management team, and robust reputation when considering the company for their portfolio.
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