C&D International Investment Group Limited (1908.HK) stock analysis

In our weekly check, C&D International Investment Group Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 12 pass, warnings: 6, red flags: 7.

About C&D International Investment Group Limited

C&D International Investment Group Limited is a Real Estate company (Real Estate - Development) based in Hong Kong, listed on HKSE as 1908.HK.

What our checks show for 1908.HK

Red flags

• Net debt is 4.8x a year of EBITDA (debt/equity 2.07). That limits room in a downturn and raises refinancing risk.
• The net margin fell by 3.8 points over 5 years, to 2.7%: the company keeps less of each sale as profit.
• The gross margin fell by 2.7 points, to 13.9%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 6.3% a year.
• The net margin is only 2.7%: little room if costs rise.
• The stock has fallen as much as 72% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 5%.

Warning signs

• Operating profit covers interest only 3.3 times: a weak year could make the payments hard.
• Earnings per share fell 18.5% a year over the last 3 years.
• Net profit fell 9.6% a year over the last 3 years.
• The price swings a lot: 43% annual volatility. Expect large ups and downs.
• Recovering from its deepest fall took about 2.6 years.
• The share count grew by 12.4% in 2 years: each shareholder owns a smaller slice.

Strengths

• Operating cash flow is 5.83x net profit: the profit arrives as real cash.
• Free cash flow is 15.3% of revenue: cash for dividends, buybacks or growth.
• The price is 7.7 times earnings (P/E), reasonable for its growth.
• Beta 0.34: the stock usually moves less than the market.
• Actively traded: about 6.9 million shares a day.
• Pay in shares is only 0.7% of free cash flow.

Similar companies

0960.HK · 4300.SR · H78.SI · EMAARDEV.AE · SAGA-B.ST

Questions

What grade does C&D International Investment Group Limited (1908.HK) have?

In our weekly check, C&D International Investment Group Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 12 pass, warnings: 6, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 1908.HK stock?

This week's biggest flags for C&D International Investment Group Limited: High debt, Margins falling, Gross margin falling. In total 13 of 25 checks show a warning or a red flag.

What does C&D International Investment Group Limited do?

C&D International Investment Group Limited is a Real Estate company (Real Estate - Development) based in Hong Kong, listed on HKSE as 1908.HK.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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