Employees: 178
Size China Changbaishan International (0989.HK) is a Hong Kong Communication Services company (Major Telecommunications) with a market value of $318M, the 874th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$0.47 on 6 Nov 2026.
Performance Over six months the shares fell 27.3%, against -21.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 5th lowest of 14 in its peer set.
Growth Revenue fell 71.3% over the last twelve months (peer median +5.6%); the operating margin is -47.8% (peer median 9.7%).
Valuation It trades at 47.7× enterprise value to sales against a peer median of 2.2× (most expensive of 14).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$57.8M | HK$57.9M | HK$187M | HK$127M | HK$451M |
| Revenue growth | — | -69% | +47% | -72% | — |
| Gross profit | HK$3.54M | HK$3.58M | -HK$2.93M | HK$10.8M | HK$64.2M |
| EBITDA | -HK$21.9M | -HK$21.8M | -HK$732M | -HK$126M | HK$633M |
| Net income | HK$137M | HK$134M | -HK$921M | -HK$211M | HK$419M |
| Free cash flow | -HK$50.4M | -HK$49.7M | -HK$46.7M | -HK$90.6M | -HK$78.7M |
| Capital expenditure | HK$3.19M | HK$3.15M | HK$618,628 | HK$62,235 | HK$614,141 |
| Total debt | n/a | HK$270M | HK$340M | HK$912M | HK$951M |
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.
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 | 0989.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -19.8% | -1.4% | 2nd lowest of 14 |
| 6-month return | -27.3% | -21.8% | 5th lowest of 14 |
| Distance from 52-week high | -58.9% | -38.2% | 2nd lowest of 14 |
| Revenue growth (TTM) | -71.3% | +5.6% | lowest of 14 |
| Operating margin | -47.8% | 9.7% | lowest of 14 |
| EV / Sales | 47.7× | 2.2× | most expensive of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China Changbaishan International 0989.HK | Hong Kong | $318M | -27% | -71% | -48% | 47.7× | n/a | n/a |
| Route Mobile ROUTE.NS | India | $301M | -22% | +1% | 9% | 0.3× | -8.0% | +25.7% |
| Cogeco CGO.TO | Canada | $349M | -20% | -4% | 26% | 2.2× | -11.3% | +2.1% |
| Ovzon OVZON.ST | Sweden | $417M | -26% | +77% | 26% | 4.3× | 13.1% | +35.6% |
| ATN International ATNI | United States | $432M | -1% | +2% | 8% | 1.4× | 4.5% | +9.8% |
| Ooma OOMA | United States | $497M | -7% | +17% | 5% | 1.8× | 22.7% | +10.1% |
| NOVA Technology 300921.SZ | China | $504M | -32% | +2% | 5% | 4.7× | 23.9% | +2.2% |
| Shenandoah Telecommunications SHEN | United States | $534M | -40% | +6% | -3% | 3.6× | n/a | n/a |
| Bahnhof BAHN-B.ST | Sweden | $681M | +12% | +8% | 11% | 2.8× | 10.9% | +8.5% |
| RailTel Corp. of India RAILTEL.NS | India | $817M | -31% | +23% | 10% | 1.6× | 31.3% | +25.4% |
| HKBN 1310.HK | Hong Kong | $1.02B | -25% | +6% | 3% | 1.5× | n/a | n/a |
| Hicon Network Technology (Shandong) 301262.SZ | China | $1.21B | +1% | +2% | 38% | 5.0× | 5.4% | +0.1% |
| Grupo Televisa, S.A.B. Sponsored ADR TV | United States | $1.24B | -18% | +6% | 11% | 1.4× | 1.1% | -7.5% |
| Uniti UNIT | United States | $1.27B | -54% | +200% | 10% | 3.3× | n/a | n/a |