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China ITS Holdings Co., Ltd.

China ITS Holdings Co., Ltd.

HHKEX:1900
0.14
HKD
+0.00
(-2.05%)
361.24MMarket Cap
China ITS Holdings Co., Ltd.
HKEX:1900
(Hong Kong Exchange)

Recent

price

0.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.3
1
1.32
1.45
1.37
1.4
0.94
0.7
0.56
0.62
0.56
0.45
0.43
0.51
0.48
0.54
- -
Revenue per Share
0.21
0.07
0.08
0.09
-0.12
-0.17
0.05
0.01
-0.07
-0.03
-0.11
0.05
0.03
0.08
0.01
0.04
- -
Basic EPS, GAAP
-0.1
-0.14
0.01
-0.16
0.02
-0.13
-0.14
-0.04
0.01
0.01
0.12
0.2
0.01
0.13
-0.02
0.13
- -
Free Cash Flow per Basic Share
0.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.02
- -
- -
Dividend per Share
1.35
1.4
1.5
1.6
1.47
1.29
1.31
1.33
1.23
1.19
1.05
1.07
1.06
1.14
1.09
1.06
1.06
Book Value per Share
1.2
1.17
1.2
1.31
1.23
1.15
1.16
1.16
1.06
1.03
0.95
0.98
0.92
1
0.96
0.88
0.89
Tangible Book Value per Share
1,427
1,583
1,629
1,646
1,650
1,654
1,654
1,654
1,654
1,654
1,654
1,654
1,665
1,687
1,709
1,720
1,720
Basic Weighted Avg Shares
1,862
1,585
2,146
2,390
2,267
2,318
1,552
1,165
924
1,033
931
740
714
857
820
928
- -
Sales/Revenue/Turnover
18.8
7.83
8.7
7.9
-6.81
-9.29
6.39
5.37
-3.36
4.56
5.02
16.21
18.1
23.53
22.85
14.81
- -
Operating Margin (%)
8
13
35
39
40
24
13
14
12
15
30
58
51
57
61
66
- -
Depreciation Expense
294
113
132
149
-195
-278
76
24
-116
-51
-177
75
48
137
22
70
- -
Net Income, GAAP
15.44
15.77
29.72
23.02
- -
- -
30.96
50.15
- -
- -
- -
25.37
8.48
7.79
33.49
4.81
- -
Effective Tax Rate (%)
15.79
7.12
6.15
6.24
-8.59
-12.02
4.87
2.1
-12.58
-4.93
-19.03
10.07
6.79
16
2.69
7.6
- -
Profit Margin (%)
1,723
1,489
1,745
2,165
1,633
1,541
1,499
1,553
1,506
1,135
819
900
865
931
874
1,207
1,194
Working Capital
- -
- -
201
418
63
281
81
152
421
146
40
35
- -
- -
- -
15
14
LT Debt
2,111
2,273
2,497
2,670
2,444
2,126
2,165
2,202
2,031
1,994
1,837
1,854
1,896
2,065
2,001
2,242
2,246
Total Equity
16.69
4.14
4.57
4.24
- -
- -
1.81
0.99
- -
- -
- -
3.29
6.23
6.39
4.38
4.02
- -
Return on Invested Capital (%)
17.23
5.12
5.04
5.61
- -
- -
4.07
1.57
- -
- -
- -
2.43
0.65
4.3
0.18
1.2
- -
Return on Capital (%)
19.19
5.16
5.58
5.86
-7.7
-12.2
3.51
1.12
-5.49
-2.55
-9.58
4.25
2.73
7.4
1.16
3.8
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'26
ST Debt
285
246
385
LT Borrowings
- -
- -
14
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,720
1,720
1,720
Market Capitalization
295
305
313

Working Capital

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'26
Total Current Assets
1,896
1,710
2,141
Cash, Cash Equivalents & STI
452
332
743
Accounts Receivable, Net
403
338
483
Inventories
381
266
365
Total Current Liabilities
964
836
948
Payables & Accruals
- -
- -
- -
ST Debt
285
246
385
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.72%
4.21%
12.05%
Free Cash Flow
170.16%
-29.88%
-829.76%
Net Income, GAAP
-43.66%
28.31%
219.56%
Sales/Revenue/Turnover
-7.19%
0.97%
13.18%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
820
2025
- -
- -
928
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
0.04
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
- -
2026
- -
- -
- -
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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.