About
About CCT Fortis Holdings Limited
CCT Fortis Holdings Limited, an investment holding company, engages in the property, automotive, securities, cultural entertainment, and other businesses in Mainland China, Hong Kong, Macau, and internationally. It operates through Property Investment and Holding; Securities Business; Ferrari Business; Maserati Business; Valuable Collection and Logistics Business; Cultural Entertainment Business; and Other Operations segments. The company's property portfolio comprises commercial and residential properties, shops, and car parking spaces. It also invests in and holds properties; holds and trades in securities, financial assets; imports and distributes Ferrari and Maserati cars; provides after-sale services; and acquires, trades in, and sells classic cars and collectible precision devices, as well as offers advertising services. In addition, the company engages in film operation, classic car restoration and maintenance, artist management, and magazine publication activities, as well as operates a classic car service center. The company was formerly known as CCT Telecom Holdings Limited. CCT Fortis Holdings Limited was incorporated in 1991 and is headquartered in Wan Chai, Hong Kong.
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5 years, 5 months ago
CCT Fortis Holdings Limited is currently in a long term downtrend where the price is trading 17.5% below its 200 day moving average.
From a valuation standpoint, the stock is 86.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.3.
CCT Fortis Holdings Limited's total revenue sank by 63.4% to $204M since the same quarter in the previous year.
Its net income has dropped by 80.6% to $-260M since the same quarter in the previous year.
Finally, its free cash flow grew by 86.1% to $-16M since the same quarter in the previous year.
Based on the above factors, CCT Fortis Holdings Limited gets an overall score of 2/5.