Shandong International Trust Corp. Class H (1697) AI Stock Analysis

• Market Cap: HK$1.89B
• Dividend Yield: N/A
• Average Volume (3M): 654.13K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 0.90
• Revenue Growth: -31.92%
• EPS Growth: -10.06%
• Country: HK
• Employees: 288
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.04
• Shares Outstanding: 1,164,735,000
• 10 Day Avg. Volume: 454,900
• 30 Day Avg. Volume: 654,132
• PEG Ratio: 5.12
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 3.34
• P/FCF Ratio: 13.23
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$0.50
• Price Target Upside: 25.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 55 Neutral
• Price Target: HK$0.50 ▲(25.00% Upside)

The stock's overall score is primarily influenced by its strong balance sheet and reasonable valuation. However, concerns about declining revenue, cash flow volatility, and bearish technical indicators weigh negatively on the score. The absence of earnings call insights and corporate events further limits the assessment.

Shandong International Trust Corp. Class H Business Overview & Revenue Model

Company Description

Shandong International Trust Co., Ltd., a non-bank financial institution, provides various trust services in the People's Republic of China. It operates in Trust Business and Proprietary Business segments. The company offers private equity investment banking services to various enterprises and institutions through real estate trusts, infrastructure trusts, and industrial and commercial enterprises trusts; and asset and wealth management services to institutional investors and high-net-worth individuals through equity Investment, securities investment, indirect investment, family, discretionary wealth management, and other trusts. It also provides administrative services to the trustors through administrative management trusts. In addition, the company offers professional, personalized, and integrated financial services; and invests its asset in various types of equity products, such as listed shares and mutual funds, as well as wealth management products. The company was incorporated in 1987 and is headquartered in Jinan, the People's Republic of China.

How the Company Makes Money

The company generates revenue primarily through its trust management services, which involve managing assets on behalf of clients for a fee. Key revenue streams include management fees from trust products, performance-based fees, and interest income from loans issued to clients. Additionally, Shandong International Trust engages in investment activities, where it earns returns on its own investments in various asset classes. Strategic partnerships with banks and other financial institutions also enhance its service offerings and expand its client base, contributing positively to its earnings.

Shandong International Trust Corp. Class H Financial Statement Overview

Summary

Strong operational efficiency with high margins, but challenges in revenue growth and cash flow consistency. Low leverage and strong equity position contribute positively to financial stability, but modest ROE suggests potential areas for improvement.

Income Statement

The company's revenue has declined significantly over the years, and the 2024 figures show a substantial drop from previous years. Although gross profit margin remains strong at approximately 67.4% for 2024, the net profit margin stands at 28.0%, reflecting pressure on profitability. The EBIT and EBITDA margins are robust at 57.6% and 65.1%, respectively, indicating operational efficiency despite revenue challenges.

Balance Sheet

The balance sheet reflects a strong equity position with an equity ratio of 78.7% for 2024, which is a positive indicator of financial stability. The debt-to-equity ratio is low at 0.03, suggesting low leverage and financial risk. ROE for 2024 is 1.3%, indicating modest returns on equity which could be an area for improvement.

Cash Flow

The cash flow statement presents a mixed picture. Although there is positive free cash flow in 2024, there is a lack of consistent operating cash flow data in recent years, which could indicate cash flow volatility. The free cash flow growth rate and operating cash flow to net income ratio could not be calculated due to missing data, impacting the overall cash flow assessment.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	586.93M	510.27M	925.73M	852.02M	568.13M	556.11M
Gross Profit	420.39M	343.73M	797.84M	707.28M	424.09M	556.11M
EBITDA	332.29M	332.29M	442.30M	776.00M	1.03B	1.37B
Net Income	139.71M	142.79M	158.63M	280.43M	468.52M	627.82M
Balance Sheet
Total Assets	14.08B	14.28B	14.17B	14.46B	19.06B	20.68B
Cash, Cash Equivalents and Short-Term Investments	0.00	808.67M	512.95M	2.24B	1.59B	969.53M
Total Debt	0.00	296.83M	1.01B	2.07B	1.62B	100.69M
Total Liabilities	2.74B	3.04B	3.08B	3.52B	8.41B	10.51B
Stockholders Equity	11.35B	11.24B	11.09B	10.93B	10.65B	10.18B
Cash Flow
Free Cash Flow	-403.43M	128.95M	-1.36B	-3.75B	-1.75B	225.22M
Operating Cash Flow	-390.44M	152.38M	-1.33B	-3.73B	-1.73B	237.67M
Investing Cash Flow	56.13M	217.89M	375.43M	4.12B	928.03M	261.45M
Financing Cash Flow	212.42M	-62.50M	-1.12B	256.26M	1.42B	-494.63M

Shandong International Trust Corp. Class H Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1697, the sentiment is Negative. The current price of 0.4 is below the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.42, and above the 200-day MA of 0.38, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.87 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1697.

Shandong International Trust Corp. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
0806	63 Neutral	$4.71B	19.20	6.68%	0.39%	28.57%	342.11%
0245	57 Neutral	€2.05B	2.04	22.46%	―	56.35%	―
1697	55 Neutral	HK$1.89B	12.58	1.22%	―	-31.92%	-10.06%
1835	46 Neutral	HK$349.62M	―	-2.82%	―	78.92%	75.20%
0612	42 Neutral	HK$523.08M	―	-20.26%	―	-166.78%	85.53%

Shandong International Trust Corp. Class H Corporate Events

Shandong International Trust Co., Ltd. Releases 2024 Annual Results

Shandong International Trust Co., Ltd. announced its audited consolidated annual results for the year ended 31 December 2024, prepared in compliance with the applicable disclosure requirements and PRC Accounting Standards. The results, confirmed by the Board and the Audit Committee, reflect the company’s financial performance and operational status, providing insights into its market positioning and potential implications for stakeholders.

Shandong International Trust Schedules Board Meeting for Annual Results

Shandong International Trust Co., Ltd. has announced a board meeting scheduled for 27 March 2025 to consider and approve the annual results for the year ended 31 December 2024. This meeting is significant as it will determine the company’s financial performance and could impact its market positioning and stakeholder confidence.