CCT Fortis Holdings Ltd

Chart & Performance

D1W1MN

P/E

—

P/S

0.19

EPS

—

Div Yield, %

0.00%

Shrs. gr., 5y

1.72%

Rev. gr., 5y

-3.60%

Revenues

765m

-5.79%

Net income

-577m

L+58.52%

CFO

-38m

Dividend

Sep 12, 20180.035 HKD/sh

Profile

CCT Fortis Holdings Limited, an investment holding company, invests in, develops, and trades in real estate properties. The company operates through Property Investment and Holding; Securities Business; Ferrari Dealership Business; Maserati Importership Business; Classic Cars Trading and Logistics; Investment in Classic Cars; Film Operations; Stage Audio, Lighting, and Engineering Operations; and Other Operations segments. Its property portfolio comprises residential properties, retail properties, commercial and industrial properties, and car parks. The company also invests in and holds properties; holds and trades in securities, financial assets, and treasury products; sells and distributes Ferrari cars, and provides after-sales services; imports and distributes Maserati cars and provides after-sale services; acquires, trades in, and sells classic cars, as well as offers car logistic services; and produces, invests in, and distributes films. In addition, it sells and leases audio and lighting equipment; provides technical and engineering services and metal construction work for stage performance events. Further, the company engages in the multimedia and magazine publication businesses; invests in collectible precision devices; operates a classic car service center; and offers classic car restoration and maintenance, and artist management services. It operates in Mainland China, Hong Kong, Macau, and internationally. The company was formerly known as CCT Telecom Holdings Limited. CCT Fortis Holdings Limited is headquartered in Sha Tin, Hong Kong.

URL

http://www.cct-fortis.com/

IPO date

Nov 11, 1991

Employees

333

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	765,000 -5.79%	812,000 11.08%	731,000 44.75%
Cost of revenue	877,000	982,000	857,000
Unusual Expense (Income)
NOPBT	(112,000)	(170,000)	(126,000)
NOPBT Margin
Operating Taxes		(103,000)	57,000
Tax Rate
NOPAT	(112,000)	(67,000)	(183,000)
Net income	(577,000) 58.52%	(364,000) -37.02%	(578,000) -16.59%
Dividends
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current	683,000	405,000	1,508,000
Long-term debt	952,000	1,449,000	559,000
Deferred revenue		1,274,000	503,000
Other long-term liabilities		(1,274,000)	(503,000)
Net debt	1,494,000	1,507,000	1,670,000
Cash flow
Cash from operating activities	(38,000)	1,000	(23,000)
CAPEX	(34,000)	(21,000)	(42,000)
Cash from investing activities	63,000	343,000	5,000
Cash from financing activities	(30,000)	(368,000)	27,000
FCF	(197,000)	43,000	13,000
Balance
Cash	132,000	119,000	393,000
Long term investments	9,000	228,000	4,000
Excess cash	102,750	306,400	360,450
Stockholders' equity	459,000	950,000	1,407,000
Invested Capital	2,187,250	2,605,600	3,291,550
ROIC
ROCE
EV
Common stock shares outstanding	1,331,896	873,111	873,111
Price	0.26 92.59%	0.14 -25.41%	0.18 -16.20%
Market cap	346,293 193.79%	117,870 -25.41%	158,033 -16.20%
EV	1,840,293	1,631,870	1,837,033
EBITDA	(26,000)	(86,000)	(39,000)
EV/EBITDA
Interest	124,000	78,000	64,000
Interest/NOPBT