Company Overview - China Communications Group Limited is registered in the Cayman Islands and primarily operates from Hong Kong [2] - The company was listed on the Hong Kong Stock Exchange's Growth Enterprise Market on September 16, 2005, and transferred to the Main Board on January 29, 2018 [2] - The direct controlling company is China Communications Investment Group Limited, which is ultimately controlled by Mr. Yan Zhi through Zhaor Holdings Limited [2] Recent Performance - As of June 26, the stock price of China Communications Group was HKD 0.76 per share, reflecting a 22.58% increase with a trading volume of 248,000 shares and a turnover of HKD 173,700 [1] - Over the past month, the stock has seen a cumulative decline of 8.82%, and a year-to-date decline of 17.33%, underperforming the Hang Seng Index which has increased by 22.01% [1] Financial Metrics - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 36.7 million, representing a year-on-year growth of 9.75% [1] - The net profit attributable to shareholders was HKD 11.7552 million, a decrease of 17.36% year-on-year [1] - The gross profit margin stood at 15.54%, and the debt-to-asset ratio was 37.72% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the industrial transportation sector is 9.47 times, with a median of 7.28 times [1] - China Communications Group has a P/E ratio of 84.26 times, ranking 51st in the industry [1] - Comparatively, other companies in the sector have significantly lower P/E ratios, such as China Resources Transportation at 0.15 times and COSCO Shipping Holdings at 3.57 times [1] Ownership Structure - Hubei Port (Hong Kong) International Limited became the direct controlling shareholder after acquiring shares from China Communications Investment and Zhaor Holdings, increasing its stake to approximately 87.66% [3] - Hubei Port is fully owned by Hubei Port Group, which is ultimately controlled by the Wuhan Municipal Government's State-owned Assets Supervision and Administration Commission [3] Business Operations - The company primarily engages in investment, development, operation, and management of container and other ports, as well as providing port-related logistics and services [3]
中国通商集团（01719.HK）6月26日收盘上涨22.58%，成交17.37万港元