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Investment holding and asset-management arm of the China Everbright Group, running private equity, fund management and financial investments.
Investment holding and asset-management arm of the China Everbright Group, running private equity, fund management and financial investments.
Earns management fees and a share of fund gains from the private-equity and other funds it runs for outside investors, alongside returns on investments made with its own money, so results swing with the timing of exits and valuations. Its parent, China Everbright Group, is a Chinese state-owned financial group.
In one line: China's state-linked answer to a merchant bank/PE holding company.
Moat: narrow (brand, scale, distribution). China Everbright Group backing gives access to deal flow and state-linked capital relationships.
Headquarters: Hong Kong · Founded: 1997 · Employees: 240
Size China Everbright (0165.HK) is a Hong Kong Financials company (Investment Managers) with a market value of $1.08B, the 578th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$5.00 on 6 Nov 2026.
Performance Over six months the shares fell 24.5%, against -8.1% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 4th lowest of 20 in its peer set.
Growth Revenue grew 2.6% over the last twelve months (peer median +5.9%); the operating margin is -69.0% (peer median 29.4%).
Valuation It trades at 0.33× book value against a peer median of 1.96× (cheapest of 20).
Price implies The share price implies a return on equity of about 5.8%; China Everbright delivers -16.0%, so the price asks more than the business earns today.
Next results Next results expected around 12 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$2.61B | HK$2.67B | HK$2.58B | HK$2.78B | HK$3.42B |
| Revenue growth | — | +3% | -7% | -19% | — |
| EBITDA | -HK$1.76B | -HK$950M | -HK$603M | -HK$900M | -HK$6.82B |
| Net income | -HK$4.47B | -HK$2.01B | -HK$1.91B | -HK$1.92B | -HK$7.44B |
| Free cash flow | -HK$1.53B | -HK$1.37B | -HK$1.85B | -HK$2.50B | -HK$7.68B |
| Capital expenditure | HK$1.61M | HK$1.61M | HK$14.8M | HK$4.62M | HK$4.91M |
| Total debt | n/a | HK$33.6B | HK$32.4B | HK$34.6B | HK$35.3B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| China Everbright 0165.HK | $1.08B | -25% | +3% | -16% | 0.33× | 5.8% |
| Citic 0267.HK | $47.7B | -3% | +13% | 8% | 0.40× | 4.8% |
| China Cinda Asset Management 1359.HK | $4.36B | -21% | -25% | 0% | 0.18× | 4.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0165.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.6% | +3.0% | 2nd lowest of 20 |
| 6-month return | -24.5% | -8.1% | 4th lowest of 20 |
| Return on equity | -16.0% | 10.8% | 2nd lowest of 20 |
| Price / book | 0.33× | 1.96× | cheapest of 20 |
| ROE the price implies | 5.8% | 14.0% | 3rd least demanding of 20 |
| ROE delivered | -16.0% | 10.4% | 2nd lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| China Everbright 0165.HK | Hong Kong | $1.08B | -25% | +3% | -16% | 0.33× | 5.8% | -16.0% |
| Ridgepost Capital RPC | United States | $1.07B | +11% | +8% | 10% | 2.86× | 20.3% | 9.8% |
| UTI Asset Management UTIAMC.NS | India | $1.13B | -15% | -1% | 11% | 2.43× | 30.6% | 10.9% |
| EAAA India Alternatives EDELALTS.NS | India | $1.15B | n/a | +13% | 26% | 10.05× | 98.9% | 26.0% |
| XPS Pensions XPS.L | United Kingdom | $966M | +19% | +13% | 15% | 4.04× | 26.7% | 14.7% |
| CFM Indosuez Wealth MLCFM.PA | France | $964M | +30% | -19% | 12% | 2.02× | 9.9% | n/a |
| Prudent Corporate Advisory Services PRUDENT.NS | India | $1.28B | -1% | +21% | 30% | 11.81× | 157.3% | 29.6% |
| Hainan Haide Capital Management 000567.SZ | China | $1.29B | -34% | +136% | 10% | 1.44× | 15.7% | 10.1% |
| Generation Development GDG.AX | Australia | $897M | -23% | +66% | 4% | 1.75× | 15.0% | 4.5% |
| Polar Capital POLR.L | United Kingdom | $872M | -8% | +19% | 41% | 4.35× | 46.7% | 41.1% |
| Abacus Global Management ABX | United States | $859M | -3% | +64% | 7% | 1.96× | 9.6% | 6.5% |
| Navigator Global Investments NGI.AX | Australia | $858M | -21% | +2% | 2% | 0.83× | 9.3% | 2.3% |
| Perella Weinberg Partners PWP | United States | $1.35B | -26% | +2% | n/a | 16.95× | 176.0% | n/a |
| Compass Diversified CODI | United States | $851M | -9% | +8% | -19% | n/a | n/a | -19.0% |
| Centuria Capital CNI.AX | Australia | $848M | -25% | +3% | 4% | 0.69× | 11.4% | 3.5% |
| Virtus Investment Partners VRTS | United States | $843M | -12% | -5% | 13% | 0.89× | 11.0% | 13.0% |
| Hansa Investment HAN.L | United Kingdom | $830M | +12% | +27% | 18% | 0.65× | 5.5% | 18.1% |
| Mlp MLP.DE | Germany | $1.40B | +46% | +4% | 12% | 2.11× | 13.7% | 12.0% |
| Kayne Anderson BDC KBDC | United States | $820M | -17% | -3% | 7% | 0.78× | 6.2% | 6.7% |
| Perpetual PPT.AX | Australia | $1.42B | +11% | -16% | 4% | 1.31× | 14.0% | 3.7% |
| Clairvest CVG.TO | Canada | $808M | +15% | -94% | 11% | 0.86× | 4.9% | 10.7% |