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Haitong Unitrust International Financial Leasing Co., Ltd Class H (1905) AI Stock Analysis

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HK:1905

Haitong Unitrust International Financial Leasing Co., Ltd Class H

(HKEX:1905)

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Rating:64Neutral
Price Target:HKD 1.50â–²(9.49% Upside)
Action:reiterated
Date:10/27/26

Moderate financial performance due to margin compression and leverage is the primary factor; attractive valuation and strong technical momentum provide key support.

Positive Factors
Recent Cash GenerationStrong recent operating and free cash flow, broadly matching net income, indicates that reported earnings are converting into cash. That supports funding of new leases, servicing obligations, and resilience over the next several months, although historical consistency has not been uniform.
Negative Factors
Elevated LeverageMeaningful balance-sheet gearing leaves the company more sensitive to funding costs, credit conditions, and asset quality than a less leveraged lender. Although the latest TTM snapshot improved, elevated leverage can still constrain flexibility and amplify pressure during weaker operating conditions.

Haitong Unitrust International Financial Leasing Co., Ltd Class H (1905) vs. iShares MSCI Hong Kong ETF (EWH)

-20%0%20%40%60%80%100%120%HK:1905+88.45%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 11.28B
Dividend Yield
7.13%
Average Volume (3M)
8.13M
Price to Earnings (P/E)
8.2
Beta (1Y)
0.24
Revenue Growth
-19.73%
EPS Growth
-12.05%
Country
Hong Kong
Employees
1,381
Sector
Financial
Sector Strength
68
Industry
Financial - Credit Services

Haitong Unitrust International Financial Leasing Co., Ltd Class H Business Overview & Revenue Model

Company Description

Haitong Unitrust International Financial Leasing Co., Ltd., through its subsidiaries, operates as a financial leasing company in the People’s Republic of China. The company offers operating leasing services, and commercial factoring business, as well...

How the Company Makes Money

The company primarily makes money through (1) lease-related financing income and (2) fees associated with arranging and managing leasing transactions. In a typical financial leasing model, the company purchases an asset (or finances an asset already...

Haitong Unitrust International Financial Leasing Co., Ltd Class H Financial Statement Overview

Summary

Revenue grew steadily from 3.3B to 6.9B but margins compressed from 42.5% to 20.2%; high leverage above 4x improved to 2.0x in TTM with recent positive cash flow supporting moderate outlook.

Income Statement

62Positive

Balance Sheet

38Negative

Cash Flow

58Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.49B6.89B5.79B4.38B3.95B3.32B
Gross Profit4.49B6.09B5.79B4.65B5.33B3.32B
EBITDA543.71M4.60B2.35B2.54B2.43B2.35B
Net Income1.24B1.39B1.51B1.61B1.53B1.41B
Balance Sheet
Total Assets103.29B107.80B111.30B123.35B124.51B114.74B
Cash, Cash Equivalents and Short-Term Investments08.35B6.65B8.38B5.42B6.10B
Total Debt38.99B81.92B82.80B92.69B91.37B82.22B
Total Liabilities83.69B89.57B91.31B103.11B105.69B97.12B
Stockholders Equity19.55B17.99B19.93B20.20B18.78B17.54B
Cash Flow
Free Cash Flow9.67B3.58B12.73B7.83B-10.47B-4.41B
Operating Cash Flow9.68B3.59B12.99B7.96B-8.78B-3.75B
Investing Cash Flow387.73M174.51M816.00M-815.97M179.83M-339.32M
Financing Cash Flow-9.38B-3.47B-15.53B-4.18B4.80B5.52B

Haitong Unitrust International Financial Leasing Co., Ltd Class H Technical Analysis

Technical Analysis SentimentPositive
Last Price1.37

Price Trends

50DMA1.10Positive
100DMA0.92Positive
200DMA0.82Positive

Market Momentum

MACD0.08Negative
RSI70.45Negative
STOCH50.72Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1905, the sentiment is Positive. The current price of 1.37 is above the 20-day moving average (MA) of 1.24, above the 50-day MA of 1.10, and above the 200-day MA of 0.82, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 70.45 is Negative, neither overbought nor oversold. The STOCH value of 50.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1905.

Haitong Unitrust International Financial Leasing Co., Ltd Class H Peers Comparison

Overall Rating

UnderperformOutperform
Sector (68)

Financial Indicators

HK:1905 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
HK:1905HK:190564NeutralHKD 11.28B8.236.19%7.13%-19.73%-12.05%
HK:1606HK:160663NeutralHKD 19.66B3.0012.30%7.36%-5.13%14.20%
HK:1601HK:160161NeutralHKD 1.04B3.457.80%10.51%0.45%-20.53%
HK:3360HK:336052NeutralHKD 26.81B5.857.47%9.78%0.51%-7.18%
HK:0379HK:037942NeutralHKD 158.61M-58.75-0.77%―24.04%96.40%

* Financial Sector Average

Performance Comparison

0%50%100%150%HK:1905HK:3903HK:1606HK:1601HK:3360HK:0379Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:1905 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1905Haitong Unitrust International Financial Leasing Co., Ltd Class H1.370.6590.81%
HK:3903Hanhua Financial Holding Co., Ltd. Class H0.170.000.00%
HK:1606China Development Bank Financial Leasing Co Ltd Class H1.55-0.01-0.38%
HK:1601Zhongguancun Science-Tech Leasing Co. Ltd. Class H0.65-0.14-18.15%
HK:3360Far East Horizon Limited5.72-0.92-13.82%
HK:0379China Ever Grand Financial Leasing Group Co., Ltd.0.090.016.82%

Haitong Unitrust International Financial Leasing Co., Ltd Class H Corporate Events

Shanghai State-Linked Investors Launch Fixed-Price Partial Takeover of Haitong Unitrust

Oct 23, 2026

Shanghai International Group and related Shanghai state-owned asset entities have launched pre-conditional voluntary cash partial offers for both domestic and H shares of Haitong Unitrust International Financial Leasing Co., Ltd. The domestic offer t...

Haitong Unitrust Halts Trading in Hong Kong Ahead of Takeover Announcement

Oct 5, 2026

Haitong Unitrust International Financial Leasing Co., Ltd., a PRC-based financial leasing specialist with H shares listed in Hong Kong, also supports renminbi bond issuance through its vehicle Haitong UT Brilliant Limited. The company serves institut...

Haitong Unitrust Shareholders Approve Governance and Capital Management Resolutions

Sep 11, 2026

Haitong Unitrust International Financial Leasing Co., Ltd held an extraordinary general meeting in Shanghai on September 11, 2026, attended either in person or by proxy by shareholders representing about 93.08% of its issued share capital. The meetin...

Haitong Unitrust Calls EGM to Tighten Connected Transaction and Capital Management Framework

Aug 25, 2026

Haitong Unitrust International Financial Leasing Co., Ltd is a Hong Kong-listed PRC financial leasing company providing structured financing and leasing services to a broad shareholder base through both H shares and domestic shares. It operates under...

Haitong Unitrust Publishes Unaudited 2026 Interim Results

Aug 18, 2026

Haitong Unitrust International Financial Leasing Co., Ltd, a Hong Kong-listed PRC joint stock company, operates in the international financial leasing sector through various subsidiaries. Its governance structure includes executive, non-executive, em...

Haitong Unitrust Declares Interim Dividend for H Shareholders

Aug 18, 2026

Haitong Unitrust International Financial Leasing Co., Ltd has declared an interim ordinary dividend of RMB 0.42 per 10 shares for the six months ended 30 June 2026, payable in Hong Kong dollars by default with an option for RMB. The ex-dividend date...

Haitong Unitrust Sets Board Meeting to Approve 2026 Interim Results and Consider Dividend

Aug 6, 2026

Haitong Unitrust International Financial Leasing Co., Ltd. has scheduled a board meeting for August 18, 2026 to review and approve the interim results for the six months ended June 30, 2026. The board will also consider the declaration of an interim...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 27, 2026