China ITS Holdings Co., Ltd.
HHKEX:19000.15
HKD
-0.01
(-8.18%)
ISIN
KYG2161M1050
CUSIP
G2161M105
Return %
Stock
S&P 500
1Y
-59.44
14.20
3Y
11.45
81.12
5Y
-14.12
68.34
Capital Structure
CNY
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in mil. unless spec.Working Capital
CNY
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Semi-annual Revenue
CNY
•
in mil. unless spec.Semi-annual Earnings Per Share
CNY
•
in mil. unless spec.Semi-annual Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Hai Lin Jiang
- Full Time Employees
- 900
- Sector
- Technology services
- Industry
- Information technology services
- Address
- Building 204 Beijing BE China 100015
- IPO Date
- Jul 15, 2010
- Website
- its.cn
- Similar Companies
- Business
- China ITS (Holdings) Co., Ltd. China ITS (Holdings) Co., Ltd. is an investment holding company principally engaged in the provision of products, specialised solutions and services related to infrastructure technology in the railway and electric power sectors; it operates through two main segments including the railway business, which offers railway communication products, energy-based products, maintenance services, network optimisation, network planning and technical consulting for railway communication systems; and the energy business, which provides power transmission and transformation equipment, power generation equipment, power generation activities, planning and technical consulting for power plant construction and grid renovation, value-added operation services for power plants, contract energy management and energy conservation services such as LED lighting upgrades and distributed photovoltaic projects. The company serves customers primarily in Mainland China, with expanding operations overseas in markets including Myanmar, Malaysia, Hungary and Hong Kong, targeting state-owned enterprises, railway bureaus and electric power infrastructure developers. Founded in 2008 and headquartered in Beijing, China, the group maintains approximately 351 employees and generates revenue from product sales, specialised solutions, maintenance, rehabilitation under service concession arrangements and power supply. In recent developments, the company secured significant overseas railway contracts under the Belt and Road Initiative, including the Hungary-Serbia Railway Hungarian section (RMB120 million), Malaysia East Coast Rail Link (RMB204 million), MTR Maintenance Phase III in Hong Kong (RMB42 million) and Kuching ART project in Malaysia (RMB88 million), with overseas projects comprising 56% of new railway contracts in 2024; it also advanced in new energy with wins such as the Beijing Metro Line 6/7 LED energy-saving project, Renqiu East photovoltaic project and Zhengzhou/Tianjin metro ventilation upgrades; additionally, it increased its stake in Forever Opensource Software Inc. (FOSS) from 22.19% to 27.2% via a RMB56.3 million acquisition completed November 1, 2024, reclassifying it as an associate and imposing voluntary lock-ups until 2025-2026. For the year ended December 31, 2024, the group reported revenue of RMB819.8 million (down 4.4% year-over-year), gross profit of RMB305.3 million with a 37.2% margin, and profit attributable to owners of RMB22.1 million, alongside a RMB859.7 million contract backlog (up 27.3%) and new contracts of RMB960.7 million.