|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||12.18 - 12.18|
|52 Week Range||12.18 - 16.29|
|Beta (5Y Monthly)||0.55|
|PE Ratio (TTM)||4.06|
|Forward Dividend & Yield||0.60 (4.90%)|
|Ex-Dividend Date||Jul 28, 2020|
|1y Target Est||N/A|
Moody's Investors Service has affirmed the A3 issuer rating of China Railway Group Limited (CRG). "The affirmation of CRG's ratings reflects the company's leading role in China's railway construction and infrastructure development; its high revenue visibility, given its very strong order backlog; and projected solid earnings growth, which will partly mitigate its rising debt level," says Chenyi Lu, a Moody's Vice President and Senior Credit Officer.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of China Railway Group Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
China International Capital Corporation Limited ("CICC" or "the Company", Stock code: 3908.HK) announced its annual results for the twelve months ended December 31, 2019. As at the end of 2019, the total assets of the Group amounted to RMB344.97 billion, representing an increase of 25.3% compared with the end of 2018; net assets amounted to RMB48.29 billion, representing an increase of 14.5% compared with the end of 2018. Our Group recorded total revenue and other income of RMB22.78 billion, increasing by 22.9% year on year; and net profit1 of RMB4.24 billion, increasing by 21.4% year on year, with a weighted average return on net assets of 9.6%.