Paasa Logo

Hong Kong Stock Exchange · Industrials

Invest in Chongqing Machinery & Electric stock from India

Indian and foreign residents can buy Chongqing Machinery & Electric (2722) shares directly through Paasa.

By Paasa · Updated

Chongqing Machinery & Electric at a glance

Price
HK$1.68-HK$0.01 (0.59%)
Market cap
HK$6.17B
Day range
HK$1.63 – HK$1.69
P/E
5.51
Dividend yield
8.21%
Volume
3.43M
1 month
-14.10%
6 months
-34.82%
YTD
-7.97%
1 year
-6.42%
5 years
+117.53%

Live chart and statistics

Chongqing Machinery & Electric statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCN¥10.0BCN¥8.9BCN¥8.1BCN¥7.2BCN¥7.4B
Gross profitCN¥1.5BCN¥1.4BCN¥1.5BCN¥1.4BCN¥1.5B
Operating incomeCN¥805.3MCN¥516.4MCN¥376.2MCN¥379.0MCN¥336.0M
Net incomeCN¥763.9MCN¥431.3MCN¥303.6MCN¥310.3MCN¥296.5M
Earnings per shareCN¥0.21CN¥0.12CN¥0.08CN¥0.08CN¥0.08
EBITDACN¥312.0MCN¥394.1MCN¥526.8MCN¥525.9MCN¥543.8M
Total assetsCN¥20.0BCN¥17.6BCN¥17.5BCN¥17.2BCN¥16.7B
Total debtCN¥5.8BCN¥2.4BCN¥4.4BCN¥3.0BCN¥2.9B
Cash and short-term investmentsCN¥3.2BCN¥3.3BCN¥2.7BCN¥2.7BCN¥2.2B
Shareholders' equityCN¥8.8BCN¥8.1BCN¥7.7BCN¥7.6BCN¥7.3B
Operating cash flowCN¥987.9MCN¥718.3MCN¥145.8MCN¥310.2MCN¥383.7M
Free cash flowCN¥765.3MCN¥515.7M−CN¥50.8MCN¥238.5MCN¥261.6M
Capital expenditure−CN¥222.6M−CN¥202.6M−CN¥196.6M−CN¥71.8M−CN¥122.2M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CNY; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Impro Precision Industries1286.HKHK$7.10HK$13.40B
Chervon2285.HKHK$25.02HK$12.73B
COSCO SHIPPING International (Hong Kong)0517.HKHK$6.53HK$9.57B
Honbridge8137.HKHK$0.54HK$7.76B
Shenzhen Investment Holdings Bay Area Development0737.HKHK$1.91HK$6.36B
Yuexiu Transport Infrastructure1052.HKHK$3.30HK$5.52B
Beijing Jingcheng Machinery Electric0187.HKHK$2.54HK$4.16B
PAX Global Technology0327.HKHK$3.71HK$3.93B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Chongqing Machinery & Electric from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.

  3. Step 3

    Search 2722 and buy

    Find Chongqing Machinery & Electric by name or by its ticker, 2722, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

Why invest in Chongqing Machinery & Electric from India

What Chongqing Machinery & Electric does

Chongqing Machinery & Electric Co., Ltd. (CME) specializes in the design, manufacture, and distribution of a broad spectrum of products, focusing on clean energy solutions and advanced smart manufacturing equipment. The company's extensive portfolio encompasses: Power and Energy Systems: Engines, hydroelectric generation equipment, electrical wires and cables, high-voltage transformers, wind-power equipment, various cooling apparatus including fan coolers and different types of chillers (evaporative, water-cooled, air-cooled), as well as gas compressors and components, turbines, governors,… Chongqing Machinery & Electric operates in the Industrial - Machinery industry within the Industrials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Chongqing Machinery & Electric stock from India?

Yes. Indian residents and NRIs can buy Chongqing Machinery & Electric (2722) shares directly through Paasa. Chongqing Machinery & Electric is listed on the Hong Kong Stock Exchange, in the Industrial - Machinery industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Chongqing Machinery & Electric share?

Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$1.68 a share, size the order by the lot, not by the share.

How are Chongqing Machinery & Electric dividends taxed for Indian investors?

Chongqing Machinery & Electric trades on the Hong Kong Stock Exchange but is domiciled in China, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Chongqing Machinery & Electric shares?

Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you