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China Cinda Asset Management Co Ltd
Previous close
$1.17
Day range
$1.13 - $1.16
Year range
$0.57 - $2.10
Market cap
106.55B HKD
Avg Volume
149.77M
P/E ratio
17.33
Dividend yield
4.40%
Primary exchange
HKG
Market news
Financials
Income Statement
Revenue
Net income
| (CNY) | Jun 2024info | Y/Y change |
|---|---|---|
Revenue | 6.56B | -9.24% |
Operating expense | 1.38B | 31.18% |
Net income | 1.08B | -47.00% |
Net profit margin | 16.43 | -41.61% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | 10.20% | — |
Balance Sheet
Total assets
Total liabilities
| (CNY) | Jun 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 525.54B | 1.53% |
Total assets | 1.58T | -0.64% |
Total liabilities | 1.37T | -0.88% |
Total equity | 217.83B | — |
Shares outstanding | 38.16B | — |
Price to book | 0.28 | — |
Return on assets | 0.34% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (CNY) | Jun 2024info | Y/Y change |
|---|---|---|
Net income | 1.08B | -47.00% |
Cash from operations | 8.27B | 1,591.82% |
Cash from investing | 3.32B | 118.59% |
Cash from financing | -12.85B | -669.38% |
Net change in cash | -929.73M | 94.90% |
Free cash flow | — | — |
About
China Cinda Asset Management Co., Ltd., doing business as Cinda or China Cinda, is a Chinese distressed asset management company headquartered in Beijing.
The corporation was founded as a state-owned enterprise and a bad bank for China Construction Bank in 1999. The bank received shares by debt-to-equity swap on non-performing loans. In 2010, the corporation became a "company limited by shares".
In 2013, part of the shares were started to float on Hong Kong Stock Exchange. In 2015 Cinda acquired Nanyang Commercial Bank from fellow state-controlled financial conglomerate Bank of China.
In February 2024, Cinda, along with China Orient Asset Management and China Great Wall Asset Management, was transferred from the Ministry of Finance to Central Huijin Investment. Wikipedia
Founded
1999
Website
Employees
13,884
