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China Development Bank Financial Leasing Co Ltd Class H
(Frankfurt:1606)
China Development Bank Financial Leasing Co Ltd Class H (1606) vs. iShares MSCI Hong Kong ETF (EWH)
China Development Bank Financial Leasing Co Ltd Class H Business Overview & Revenue Model
China Development Bank Financial Leasing Co Ltd Class H Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 25.44B | 15.53B | 15.11B | 12.18B | 10.85B |
| Gross Profit | 25.39B | 15.08B | 7.89B | 5.30B | 10.37B |
| EBITDA | 26.08B | 21.88B | 18.55B | 11.51B | 15.70B |
| Net Income | 4.50B | 4.15B | 3.35B | 3.92B | 3.27B |
Balance Sheet | |||||
| Total Assets | 405.85B | 409.69B | 354.72B | 341.84B | 303.33B |
| Cash, Cash Equivalents and Short-Term Investments | 10.36B | 69.44B | 29.76B | 36.83B | 34.99B |
| Total Debt | 343.68B | 342.87B | 295.56B | 294.95B | 258.73B |
| Total Liabilities | 365.59B | 372.41B | 320.43B | 311.73B | 276.70B |
| Stockholders Equity | 40.26B | 37.28B | 34.28B | 30.11B | 26.63B |
Cash Flow | |||||
| Free Cash Flow | -22.54B | 46.67B | 3.06B | -842.62M | 10.88B |
| Operating Cash Flow | 582.68M | 66.83B | 17.00B | 23.71B | 27.81B |
| Investing Cash Flow | -32.53B | -35.32B | -8.79B | -24.12B | -13.01B |
| Financing Cash Flow | -7.16B | -7.49B | -14.47B | -3.12B | 1.23B |
China Development Bank Financial Leasing Co Ltd Class H Technical Analysis
China Development Bank Financial Leasing Co Ltd Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$21.49B | 3.89 | 13.09% | 5.84% | 3.17% | 23.13% | |
69 Neutral | 6.84B | 4.46 | ― | 10.73% | 0.59% | -5.95% | |
68 Neutral | 1.42B | 3.92 | ― | 7.34% | 1.11% | 3.98% | |
64 Neutral | 31.71B | 6.79 | 7.95% | 8.05% | -1.77% | -24.74% | |
62 Neutral | 360.16M | 12.38 | 1.08% | ― | -9.75% | -81.16% | |
52 Neutral | 128.24M | -1.71 | -23.71% | ― | 25.64% | -25.07% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
China Development Bank Financial Leasing Co Ltd Class H Corporate Events
China Development Bank Financial Leasing Co., Ltd. announced supplemental details regarding its finance lease agreements with Beijing China Auto Rental Co., Ltd. The agreements involve the purchase and leasing of vehicles owned by the lessee, with transactions valued at approximately RMB452,000,000 and RMB110,000,000. The lease periods are set for 12 and 60 months, respectively, with payments made monthly. These transactions were negotiated at arm’s length, considering the appraised value of the leased assets and prevailing market prices, potentially impacting the company’s leasing operations and market positioning in the PRC.
China Development Bank Financial Leasing Co., Ltd. announced the successful passing of several key resolutions during its first extraordinary general meeting of 2025. The resolutions included the election of Ms. Liu Siqin as an independent non-executive director, amendments to the company’s Articles of Association, and the cancellation of the Board of Supervisors and Supervisors. These changes are likely to impact the company’s governance structure and operational oversight, potentially influencing its strategic direction and stakeholder engagement.
China Development Bank Financial Leasing Co., Ltd. has announced the first H Share class meeting of 2025, scheduled for July 31, 2025, in Shenzhen, China. The meeting will consider and potentially approve amendments to the company’s Articles of Association, which could impact the company’s governance and operational framework.
China Development Bank Financial Leasing Co., Ltd. has announced the first Domestic Share Class Meeting of 2025, scheduled for July 31, 2025, in Shenzhen, China. The meeting will consider a special resolution to amend the company’s Articles of Association, which could have implications for its governance and operational structure. Shareholders are encouraged to participate either in person or by proxy, with voting conducted by poll as per the Listing Rules.
China Development Bank Financial Leasing Co., Ltd. has announced proposed amendments to its Articles of Association, including the cancellation of the board of supervisors and supervisors. These changes aim to enhance corporate governance in response to recent regulatory updates in China. The audit committee of the Board will assume the duties of the board of supervisors, aligning with the PRC Company Law and other regulatory requirements. The proposed changes are pending approval by the company’s general meeting and the Shenzhen Office of the National Financial Regulatory Administration. This move reflects the company’s efforts to streamline its governance structure and adapt to evolving regulatory landscapes.
China Development Bank Financial Leasing Co., Ltd. has announced the convening of its first extraordinary general meeting (EGM) for 2025, scheduled for July 31 in Shenzhen. Key resolutions to be discussed include the election of Ms. Liu Siqin as an independent non-executive director, amendments to the Articles of Association, and the cancellation of the Board of Supervisors. These changes could significantly impact the company’s governance structure and strategic direction, potentially influencing its market positioning and stakeholder relations.
China Development Bank Financial Leasing Co., Ltd. announced the nomination of Ms. Liu Siqin as an independent non-executive director candidate. If elected and approved, Ms. Liu will assume significant roles within the company, including chairing the Remuneration and Nomination Committees and participating in several others. This nomination reflects the company’s strategic efforts to strengthen its governance and committee leadership, potentially impacting its operational and strategic decision-making processes.
China Development Bank Financial Leasing Co., Ltd. announced an update to its final dividend for the year ended December 31, 2024. The dividend, approved on June 30, 2025, is set at RMB 0.8905 per 10 shares, with payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09544. The ex-dividend date is July 3, 2025, and payment is scheduled for August 8, 2025. The announcement includes details on withholding tax rates applicable to different types of shareholders, highlighting the company’s commitment to transparency and compliance with tax regulations. This update reflects the company’s ongoing efforts to provide value to its shareholders and maintain its competitive position in the financial leasing market.
China Development Bank Financial Leasing Co., Ltd. announced the successful conclusion of its 2024 Annual General Meeting, where all proposed resolutions were passed, including the approval of the financial report and profit distribution plan for 2024, and the re-appointment of the accounting firm for 2025. The meeting also granted a general mandate to issue debt financing instruments, indicating a strategic move to enhance financial flexibility and support future growth initiatives.
China Development Bank Financial Leasing Co., Ltd. announced the execution of new finance lease agreements with Beijing China Auto Rental Co., Ltd. The company agreed to purchase leased assets valued at approximately RMB488 million and lease them back to the lessee for periods ranging from 12 to 60 months. This transaction follows previous agreements with the same lessee, which were not reported in compliance with Chapter 14 of the Listing Rules due to an oversight. The current transaction, along with previous ones, are considered discloseable transactions, impacting the company’s reporting obligations.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease arrangement involving the purchase and lease of photovoltaic power generation equipment from Henan Bizhi Construction Engineering Co., Ltd. to Yangzhou Hengya Photovoltaic Co., Ltd. for RMB980,000,000. This transaction, classified as a discloseable transaction under Chapter 14 of the Listing Rules, highlights the company’s strategic move to expand its leasing operations in the renewable energy sector, potentially enhancing its market position and offering stakeholders insight into its growth strategy.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease arrangement involving the purchase and lease of energy storage power station equipment located in Hebei Province, China, valued at RMB844,800,000. This transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, highlights the company’s strategic focus on expanding its leasing portfolio in the energy sector, potentially enhancing its market presence and offering new opportunities for stakeholders.
China Development Bank Financial Leasing Co., Ltd. has entered into a finance lease arrangement with Wutai Jingkai Energy Co., Ltd. and Shanxi Jinkai Electric Power Technology Co., Ltd. for the purchase and lease of photovoltaic power plant facilities valued at RMB330,000,000. This transaction, along with a previous similar transaction, constitutes a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from circular and shareholders’ approval. This move may enhance the company’s asset portfolio and strengthen its position in the renewable energy sector.
China Development Bank Financial Leasing Co., Ltd. has announced an update to its final cash dividend for the year ending December 31, 2024. The dividend declared is RMB 0.8905 per 10 shares, with shareholders’ approval set for June 30, 2025, and payment scheduled for August 8, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment positively.
China Development Bank Financial Leasing Co., Ltd. has announced its 2024 Annual General Meeting, scheduled for June 30, 2025, in Shenzhen, China. The meeting will address several key resolutions, including the approval of the 2024 financial reports, profit distribution plan, and the re-appointment of an accounting firm for 2025. Additionally, a special resolution will consider a mandate to issue debt financing instruments, which could impact the company’s financial strategy and market positioning.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease arrangement involving the purchase and leasing of wind power generation facilities located in Xinjiang, China. The transaction, valued at RMB1,336,286,500, is considered a discloseable transaction under the Listing Rules, indicating significant financial engagement and potential impact on the company’s leasing operations and market positioning.
China Development Bank Financial Leasing Co., Ltd. has announced a new finance lease transaction with Hainan Huatie Hornet Construction Machinery Equipment Co., Ltd. The company will purchase aerial work machinery and equipment from the lessee for RMB698,231,913.58 and lease it back for a period of 46 to 84 months. This transaction, when aggregated with previous transactions, constitutes a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from circular and shareholders’ approval.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease transaction involving photovoltaic power generation facilities with Shenmu Longzhong New Energy Co., Ltd. and Shenmu Pengyi New Energy Co., Ltd. The transaction, valued at RMB1,242,000,000, involves the purchase and leaseback of assets over a 216-month period. This transaction is classified as a discloseable transaction under the Listing Rules, requiring reporting and announcement but exempt from circular and shareholders’ approval. The leased assets are located in Shaanxi Province, China, and the lease payments will be made quarterly.
China Development Bank Financial Leasing Co., Ltd. announced the resignation of Mr. LI Haijian as an independent non-executive director and various committee roles due to changes in work arrangements, effective May 7, 2025. This resignation results in non-compliance with Hong Kong Stock Exchange Listing Rules, as the company now lacks the required number of independent non-executive directors and committee chairpersons. The company plans to address these compliance issues by appointing a suitable replacement within three months.
China Development Bank Financial Leasing Co., Ltd. announced the composition of its board of directors and the roles within its established committees. The board comprises executive, non-executive, and independent non-executive directors, and oversees seven committees, including strategic decision and risk management. This announcement clarifies the governance structure, potentially impacting stakeholder confidence and operational transparency.