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CIG Shanghai Co., Ltd. Class H (6166) AI Stock Analysis
CIG Shanghai Co., Ltd. Class H
(HKEX:6166)
The score is held back primarily by very weak recent cash flow (large negative operating and free cash flow) despite improving profitability and a solid, low-leverage balance sheet. Technicals also detract due to a pronounced downtrend and weak momentum. Valuation is not supportive given the high P/E and modest dividend yield.
CIG Shanghai Co., Ltd. Class H (6166) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 23.20B
- Dividend Yield
- 0.67%
- Average Volume (3M)
- 10.97M
- Price to Earnings (P/E)
- 37.8
- Beta (1Y)
- -0.67
- Revenue Growth
- 44.84%
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 1,354
- Sector
- General
- Sector Strength
- 55
- Industry
- Communication Equipment
CIG Shanghai Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Established in Shanghai, China, in 2005, CIG Shanghai Co., Ltd. is a technology firm dedicated to the research, development, manufacturing, and worldwide distribution of sophisticated solutions in edge computing, industrial connectivity, and high-spe...
CIG Shanghai Co., Ltd. Class H Financial Statement Overview
Summary
Income statement and balance sheet trends are improving (higher TTM revenue and net income, expanding gross and net margins, and low/improving leverage). However, cash generation is a major red flag with sharply negative TTM operating cash flow and deeply negative free cash flow, raising earnings-quality and funding-risk concerns.
Income Statement
72PositiveBalance Sheet
78PositiveCash Flow
34Negative| Breakdown | TTM | Dec 2025 | Mar 2025 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.51B | 4.82B | 3.65B | 3.09B | 3.79B | 2.92B |
| Gross Profit | 1.44B | 1.08B | 766.39M | 667.26M | 706.22M | 577.45M |
| EBITDA | 769.25M | 541.63M | 499.99M | 437.89M | 519.84M | 392.77M |
| Net Income | 469.40M | 263.49M | 166.68M | 95.02M | 171.47M | 67.26M |
Balance Sheet | ||||||
| Total Assets | 13.64B | 11.91B | 5.19B | 4.74B | 5.23B | 3.85B |
| Cash, Cash Equivalents and Short-Term Investments | 3.45B | 4.79B | 527.34M | 437.98M | 390.21M | 245.31M |
| Total Debt | 1.62B | 2.05B | 1.22B | 1.26B | 950.01M | 835.64M |
| Total Liabilities | 4.17B | 4.35B | 2.73B | 2.45B | 3.31B | 2.11B |
| Stockholders Equity | 9.36B | 7.45B | 2.31B | 2.14B | 1.93B | 1.74B |
Cash Flow | ||||||
| Free Cash Flow | -2.72B | -1.43B | 255.39M | -60.22M | -123.46M | -155.26M |
| Operating Cash Flow | -1.40B | -470.65M | 561.97M | 142.94M | 56.25M | -61.95M |
| Investing Cash Flow | -1.57B | -1.08B | -293.95M | -204.54M | -193.64M | 14.25M |
| Financing Cash Flow | 6.07B | 5.89B | -200.73M | 93.08M | 231.77M | 60.68M |
CIG Shanghai Co., Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6166, the sentiment is Negative. The current price of 65.10 is below the 20-day moving average (MA) of 88.70, below the 50-day MA of 101.27, and below the 200-day MA of 100.79, indicating a bearish trend. The MACD of -11.31 indicates Positive momentum. The RSI at 30.34 is Neutral, neither overbought nor oversold. The STOCH value of 16.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6166.
CIG Shanghai Co., Ltd. Class H Peers Comparison
Overall Rating
HK:201875Outperform
HK:030372Outperform
HK:203858Neutral
HK:234257Neutral- HK:616654Neutral
HK:076346Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:2018 | 75Outperform | HKD 42.97B | 14.17 | 10.42% | 0.95% | 15.86% | 24.46% |
| HK:0303 | 72Outperform | HKD 13.09B | 12.42 | 21.16% | 8.03% | -6.75% | -14.48% |
| HK:2038 | 58Neutral | HKD 9.51B | 22.93 | 3.67% | 2.11% | 17.28% | 223.90% |
| HK:2342 | 57Neutral | HKD 2.85B | 101.67 | 0.86% | 0.28% | 4.27% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| HK:6166 | 54Neutral | HKD 40.67B | 37.84 | 6.98% | 0.67% | 44.84% | ― |
| HK:0763 | 46Neutral | HKD 144.41B | 30.34 | 5.67% | 2.45% | 19.98% | -20.48% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:6166 | CIG Shanghai Co., Ltd. Class H | 63.00 | -20.23 | -24.31% | |
| HK:2018 | AAC Technologies Holdings | 36.82 | -2.94 | -7.39% | |
| HK:2342 | Comba Telecom Systems Holdings | 0.92 | -1.84 | -66.85% | |
| HK:2038 | Fih Mobile Limited | 12.79 | -5.72 | -30.89% | |
| HK:0303 | VTech Holdings | 51.65 | -7.15 | -12.16% | |
| HK:0763 | ZTE Corporation Class H | 19.33 | -12.75 | -39.74% |
CIG Shanghai Co., Ltd. Class H Corporate Events
CIG Shanghai Redirects H-Share Proceeds Toward Photonics Expansion
CIG Shanghai has reallocated the net proceeds of approximately HK$5.16 billion raised from its H-share listing and over-allotment in Hong Kong to prioritize expansion of its photonics production capacity. The company now plans to invest HK$1.77 billi...
CIG Shanghai Posts Surging Q3 2026 Profits Amid Operating Cash Flow Strain
CIG Shanghai Co., Ltd. reported a strong performance in its unaudited third quarter 2026 results, with operating revenue for the period reaching RMB 2.22 billion, up 67.26% year-on-year, and total profit surging 361.82%. Net profit attributable to sh...
CIG Shanghai Sets Board Meeting to Review Nine-Month Results and Possible Interim Dividend
CIG Shanghai Co., Ltd., a PRC-incorporated joint stock company listed in Hong Kong, operates under a board structure that includes both executive and independent non-executive directors, led by Chairman and CEO Gerald G Wong. The governance framework...
CIG Shanghai Raises Capital via H-Share Placing and RMB3.96 Billion Convertible Bond Issue
CIG Shanghai Co., Ltd. has completed a placing of 18,446,000 new H shares under its general mandate, representing about 16.60% of its H-share capital and 4.77% of total issued shares post-enlargement. The shares were placed at HK$105.16 each to at le...
CIG Shanghai to Raise HK$1.94 Billion via New H-Share Placing
CIG Shanghai Co., Ltd. has entered into a placing agreement with joint placing agents to issue 18,446,000 new H shares at HK$105.16 per share to at least six independent professional or institutional investors. The new shares represent about 19.91% o...
CIG Shanghai Declares Interim Dividend and Details Cross-Border Tax Treatment
CIG Shanghai Co., Ltd. has announced an interim dividend of RMB0.09 per share for the six months ended June 30, 2026, reflecting a cash return policy that benefits both A share and H share investors. The dividend for H shares will be paid in Hong Kon...
CIG Shanghai Updates Details of 2026 Interim Dividend and Tax Treatment
CIG Shanghai Co., Ltd. announced an updated interim cash dividend for the six months ended June 30, 2026, declaring RMB 0.09 per share, to be paid in Hong Kong at a default rate of HKD 0.10 per share based on a set exchange rate. The announcement spe...
CIG Shanghai Unveils 2026 Interim Results and Dividend Plan
CIG Shanghai Co., Ltd., a Hong Kong-listed joint stock company with both A and H shares, has released its unaudited consolidated interim results for the six months ended June 30, 2026. The interim report has been reviewed by the board and its audit c...
CIG Shanghai Declares Interim Dividend for First Half of 2026
CIG Shanghai Co., Ltd. has declared an interim ordinary cash dividend of RMB 0.09 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. The payment date is set for 23 October 2026, with key Hong Kong share r...
CIG Shanghai Grants 2.29 Million H Share Incentives Tied to Performance
CIG Shanghai Co., Ltd., a PRC-incorporated joint stock company listed in Hong Kong as an H share issuer, is further integrating equity incentives into its remuneration structure. The group employs share-based awards for directors and employees to pro...
CIG Shanghai Sets 2026 Interim Cash Dividend at RMB0.09 Per Share
CIG Shanghai Co., Ltd. has approved a 2026 Interim Profit Distribution Plan at its board and audit committee meetings on August 24, 2026, proposing a cash dividend of RMB0.09 per share for the first half of 2026, payable no later than October 23, 202...
CIG Shanghai Sets Board Meeting to Approve Interim Results and Consider Dividend
CIG Shanghai Co., Ltd. has scheduled a board meeting for August 24, 2026, to review and approve the interim results for the six months ended June 30, 2026, and to authorize their publication. The Board will also consider whether to recommend an inter...
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 17, 2026