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China City Infrastructure Group Limited
(2349)
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Rating:52Neutral
Price Target:
HK$0.10
▲(23.75% Upside)
Action:Reiterated
Date:09/26/26
The score is held back primarily by weak financial performance—persistent net losses, very poor net margin, and weakening free cash flow—despite improved revenue and gross margin. Technicals are a clear positive with the price above major moving averages and supportive momentum. Valuation remains unattractive/unclear due to the negative P/E and no dividend yield data.
Positive Factors
Revenue Rebound
The strong 2025 revenue rebound indicates renewed business activity and improved top-line traction after several uneven years. If sustained, higher revenue can strengthen operating leverage, support investment in the business, and improve the company’s ability to absorb fixed costs over the next several quarters.
Negative Factors
Persistent Net Losses
Recurring net losses across the full 2020–2025 period indicate that the business has not yet established a durable earnings model. The extremely negative 2025 net margin means improved revenue and gross margin have not translated into shareholder returns, limiting reinvestment and financial resilience.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Rebound
The strong 2025 revenue rebound indicates renewed business activity and improved top-line traction after several uneven years. If sustained, higher revenue can strengthen operating leverage, support investment in the business, and improve the company’s ability to absorb fixed costs over the next several quarters.
Read all positive factors
China City Infrastructure Group Limited (2349) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$322.21M
Dividend YieldN/A
Average Volume (3M)144.20K
Price to Earnings (P/E)―
Beta (1Y)1.18
Revenue Growth36.31%
EPS Growth-43.40%
CountryHK
Employees131
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)-0.03
Shares Outstanding3,128,278,600
10 Day Avg. Volume232,400
30 Day Avg. Volume144,200
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)0.37
Price to Sales (P/S)3.40
P/FCF Ratio60.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
China City Infrastructure Group Limited Business Overview & Revenue Model
Company Description
Established in 2002 and headquartered in Wan Chai, Hong Kong, China City Infrastructure Group Limited functions as an investment holding entity with primary operations in the People's Republic of China. Formerly known as China Water Property Group...
China City Infrastructure Group Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
56
Neutral
Cash Flow
42
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 63.73M | 59.71M | 48.43M | 51.78M | 65.59M | 64.33M |
| Gross Profit | 38.60M | 37.01M | 2.31M | 7.74M | 30.99M | 42.86M |
| EBITDA | -40.61M | 10.99M | -31.46M | -2.45M | -3.55M | -6.70M |
| Net Income | -105.45M | -96.21M | -65.78M | -111.33M | -114.22M | -167.11M |
Balance Sheet | ||||||
| Total Assets | 1.03B | 1.04B | 1.07B | 1.23B | 1.40B | 2.68B |
| Cash, Cash Equivalents and Short-Term Investments | 17.29M | 22.30M | 9.72M | 12.57M | 17.08M | 17.43M |
| Total Debt | 418.99M | 404.63M | 361.82M | 345.68M | 371.83M | 1.09B |
| Total Liabilities | 507.34M | 495.89M | 467.60M | 573.44M | 609.84M | 1.66B |
| Stockholders Equity | 521.45M | 543.61M | 601.50M | 656.40M | 792.46M | 1.02B |
Cash Flow | ||||||
| Free Cash Flow | 10.46M | 3.37M | 5.82M | 1.16M | -13.72M | -5.79M |
| Operating Cash Flow | 11.52M | 3.38M | 5.83M | 1.20M | -13.41M | -4.84M |
| Investing Cash Flow | -1.05M | -7.00K | -1.20M | -3.00K | 100.25M | -16.36M |
| Financing Cash Flow | -844.00K | 5.30M | -19.66M | -8.43M | -71.78M | -3.68M |
China City Infrastructure Group Limited Technical Analysis
Positive
0.08
Price Trends
0.09
Positive
0.08
Positive
0.09
Positive
Market Momentum
<0.01
Negative
57.42
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2349, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and below the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.42 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2349.
China City Infrastructure Group Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
52 Neutral | HK$322.21M | -3.03 | -19.80% | ― | 36.31% | -43.40% | |
51 Neutral | HK$56.69M | 1.66 | -93.63% | ― | -1.98% | ― | |
45 Neutral | HK$106.42M | -1.60 | -46.56% | ― | ― | ― | |
42 Neutral | HK$1.20B | -0.46 | -39.42% | 4.29% | 25.82% | -27.10% | |
40 Underperform | HK$430.73M | -0.03 | 239.84% | 5.92% | -4.40% | -61.12% | |
40 Underperform | HK$59.70M | -0.29 | -13.44% | ― | -35.30% | -38.55% |
* Real Estate Sector Average
HK:2349
China City Infrastructure Group Limited
0.10
0.03
45.71%
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52.67%
China City Infrastructure Group Limited Corporate Events
China AI Infrastructure Posts Higher Revenue but Wider Interim Loss on Property Revaluation Hit
Aug 28, 2026
China AI Infrastructure Group Limited, formerly China City Infrastructure Group Limited, operates in infrastructure-linked urban services, with key activities in property management and water products sales. These businesses underpin its recurring...
China AI Infrastructure Group Sets Board Meeting to Review Interim Results and Dividend
Aug 11, 2026
China AI Infrastructure Group Limited has scheduled a board meeting for 28 August 2026 to review and approve its unaudited consolidated financial statements for the six months ended 30 June 2026. The board will also consider whether to declare an ...
China City Infrastructure Renames as China AI Infrastructure, Updates HKEX Stock Name
Jul 20, 2026
China AI Infrastructure Group Limited, previously China City Infrastructure Group Limited, has formally adopted its new English and Chinese names following shareholder approval at an extraordinary general meeting. The rebranding, recognised by com...
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.