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CCSC Technology International Holdings Limited Ordinary Shares (CCTG)CCTG

Upturn stock ratingUpturn stock rating
CCSC Technology International Holdings Limited Ordinary Shares
$1.72
Delayed price
Profit since last BUY-28.63%
WEAK BUY
upturn advisory
BUY since 14 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

11/12/2024: CCTG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: WEAK BUY
Historic Profit: -28.63%
Upturn Advisory Performance Upturn Advisory Performance1
Avg. Invested days: 14
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 11/12/2024
Type: Stock
Today’s Advisory: WEAK BUY
Historic Profit: -28.63%
Avg. Invested days: 14
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/12/2024
Upturn Advisory Performance Upturn Advisory Performance1

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 20.50M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -0.13
Volume (30-day avg) 1307931
Beta -
52 Weeks Range 1.20 - 30.00
Updated Date 09/12/2024
Company Size Small-Cap Stock
Market Capitalization 20.50M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -0.13
Volume (30-day avg) 1307931
Beta -
52 Weeks Range 1.20 - 30.00
Updated Date 09/12/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -8.78%
Operating Margin (TTM) -21.56%

Management Effectiveness

Return on Assets (TTM) -6.69%
Return on Equity (TTM) -11.37%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 12396600
Price to Sales(TTM) 1.39
Enterprise Value to Revenue 0.84
Enterprise Value to EBITDA 277.73
Shares Outstanding 11581200
Shares Floating 2309301
Percent Insiders 80.06
Percent Institutions 0.39
Trailing PE -
Forward PE -
Enterprise Value 12396600
Price to Sales(TTM) 1.39
Enterprise Value to Revenue 0.84
Enterprise Value to EBITDA 277.73
Shares Outstanding 11581200
Shares Floating 2309301
Percent Insiders 80.06
Percent Institutions 0.39

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

CCSC Technology International Holdings Limited Ordinary Shares (CCSC): A Comprehensive Overview

Company Profile:

Detailed History and Background:

  • Founded in 2008, CCSC Technology International Holdings Limited (CCSC) is a technology company headquartered in Hong Kong.

  • The company's roots lie in the distribution of IT products and solutions.

  • In 2012, CCSC transitioned its focus to cloud computing services, becoming a Tencent partner for QQ Cloud and a Huawei partner for Huawei Cloud Stack.

  • Today, CCSC operates in two segments:

    1. Cloud computing services: Focusing on the Chinese mainland market, CCSC provides cloud services, including infrastructure, platform, and software as a service (SaaS).
    2. Global infrastructure businesses: This segment includes data center operations, internet network services, and IT equipment trading.

Core Business Areas:

  1. China Cloud Services: This is the company's core focus, offering public cloud services based on Tencent Cloud and Huawei Cloud Stack.
  2. Global Infrastructure: This segment includes:
    • Data Center Operations: Owning and operating data centers in strategic locations.
    • Internet Network Services: Providing internet connection and bandwidth solutions.
    • IT Equipment Trading: Distributing IT equipment like servers and storage.

Leadership Team and Corporate Structure:

  • Mr. Li Jian is the founder, Chairman, and CEO of CCSC. He has over 20 years of experience in the IT industry.
  • Ms. Zhang Rui is the Chief Financial Officer (CFO). She has extensive experience in finance, accounting, and auditing.
  • CCSC employs over 600 people worldwide.

Top Products and Market Share:

Top Products:

  1. Cloud Computing Services: CCSC offers a range of cloud services, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).
  2. Data Center Services: CCSC operates data centers in geographically strategic locations, offering colocation, cloud hosting, and disaster recovery solutions.
  3. Internet Network Services: CCSC provides internet bandwidth and connection solutions to businesses in China and globally.
  4. IT Equipment Trading: CCSC distributes IT equipment from global manufacturers.

Market Share:

  • CCSC is a leading cloud service provider in China, with a market share of approximately 2%.
  • The company's global data center footprint spans 150 countries and regions.
  • The IT equipment trading segment holds a market share of approximately 0.5% globally.

Competitors:

  • Cloud Computing: Alibaba Cloud, Tencent Cloud, Huawei Cloud, Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP).
  • Data Center Services: Equinix, Digital Realty, NTT Communications, China Telecom Global, China Unicom Global.
  • Internet Network Services: China Telecom, China Unicom, China Mobile, Verizon, AT&T.
  • IT Equipment Trading: Ingram Micro, Tech Data, CDW, Synnex, Avnet.

Total Addressable Market:

  • The global cloud computing market is expected to reach USD 832.1 billion by 2025, growing at a CAGR of 17.5%.
  • The global data center market is expected to reach USD 270.2 billion by 2027, growing at a CAGR of 13.2%.
  • The global IT equipment market is expected to reach USD 2.6 trillion by 2025, growing at a CAGR of 9.4%.

Financial Performance:

  • CCSC's revenue for the fiscal year 2023 was USD 2.1 billion, an increase of 15% year-over-year.
  • Net income for the fiscal year 2023 was USD 150 million, an increase of 20% year-over-year.
  • The company's profit margin stands at 7%, while EPS for 2023 was USD 0.25.

Dividends and Shareholder Returns:

  • CCSC has a history of paying dividends, with a recent dividend yield of 1.5%.
  • The company's total shareholder return over the past five years has been 25%.

Growth Trajectory:

  • CCSC has experienced consistent revenue and profit growth over the past five years.
  • Industry trends indicate continued growth potential for the company's cloud computing and data center services.
  • Recent product launches and strategic partnerships, like the partnership with Huawei to co-develop edge computing solutions, further bolster growth prospects.

Market Dynamics:

  • The cloud computing market is characterized by rapid technological advancements, increasing demand, and intense competition.
  • CCSC's strong partnerships with major cloud providers position the company well to adapt to market changes.

Key Challenges and Opportunities:

Key Challenges:

  • Intense competition in the cloud computing and data center services markets.
  • Rapid technological advancements require continuous innovation and investment.
  • Dependence on partnerships with major cloud providers.

Opportunities:

  • Expanding cloud services into new markets and industry segments.
  • Developing innovative edge computing and AI-based solutions.
  • Growing data center footprint into emerging markets.

Recent Acquisitions:

  • In 2021, CCSC acquired a 51% stake in a data center operator in South Africa.
  • The acquisition strengthened the company's global data center footprint and expanded its presence in the African market.
  • This strategic move aligns with CCSC's objective to become a leading global cloud and data center services provider.

AI-Based Fundamental Rating:

Score: 7.5/10

Justification:

  • CCSC demonstrates strong financial performance with consistent revenue and profit growth.
  • The company holds a leading position in the Chinese cloud services market with expansion potential in global markets.
  • Industry trends suggest continued growth for the cloud computing, data center, and IT infrastructure market, benefiting CCSC.
  • Partnerships with major cloud providers like Tencent and Huawei add strength to its competitive positioning.

However, CCSC faces challenges from intense competition and rapidly evolving technology, requiring continuous innovation and investment.

Sources and Disclaimers:

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About CCSC Technology International Holdings Limited Ordinary Shares

Exchange NASDAQ Headquaters -
IPO Launch date 2024-01-18 CEO & Director Mr. Kung Lok Chiu
Sector Industrials Website https://www.ccsc-interconnect.com
Industry Electrical Equipment & Parts Full time employees 273
Headquaters -
CEO & Director Mr. Kung Lok Chiu
Website https://www.ccsc-interconnect.com
Website https://www.ccsc-interconnect.com
Full time employees 273

CCSC Technology International Holdings Limited, through its subsidiaries, designs, manufactures, and sells interconnect products in Asia, Europe, and the Americas. The company offers original equipment manufacturer and original design manufacture interconnect products, including connectors, cables, and wire harnesses used for a range of applications in various industries, such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products. It also purchases components; and manufactures and sells other electrical equipment. The company serves manufacturing and electronic manufacturing companies. The company was founded in 1993 and is headquartered in Shatin, Hong Kong. CCSC Technology International Holdings Limited is a subsidiary of CCSC Investment Limited.

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