PwC China provides audit and assurance, consulting, deals, and tax services, self-described as serving various industries including financial services, healthcare, and technology.

PwC China

ChinaVenture Investment Consulting Co.,Ltd. provides online research systems for investment consulting.

ChinaVenture Investment Consulting Co.,Ltd.

Booz Allen Hamilton Holding Corp is a provider of management consulting services to the U.S. government. Other services offered include technology, such as cloud computing and cybersecurity consulting, and engineering consulting. The consulting services are focused on defense, intelligence, and civil markets. In addition to the U.S. government, Booz Allen Hamilton provides its management and technology consulting services to large corporations, institutions, and nonprofit organizations. The company assists clients in long-term engagements around the globe.

Booz Allen Hamilton Holding Corporation

CGI Inc., together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services. It serves clients operating in government, banking and capital market, health, utility, communication and media, oil and gas, retail, consumer and services, space, manufacturing, insurance, life sciences, retail and consumer service, and transportation and logistics sectors. The company was formerly known as CGI Group Inc. and changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.

CGI Inc.

Education Administration Programs

You Plus programme from PwC

普华永道中国

pwc-china

PwC China | 95,490 followers on LinkedIn. PwC Mainland China, Hong Kong and Macau work together and create values for our clients and talents across the region. Find out more at www.pwccn.com.

Joanne Chu

Rick Van Dommelen

Director, HR Strategy and Transformation | Change Management, Employee Experience and Culture Expert

Nancy Ho Leprieur

David McDonald

#PwC Hong Kong recently hosted the BEPS 2.0 Pillar Two Academy, a comprehensive two-day in-person interactive workshop where we navigate through the #PillarTwo rules with participants, providing insights and practical examples. We were excited to see strong engagement from participants as we tackled the complexities of Pillar Two. The key areas covered by the workshop included: - The GloBE Rules, including common mistakes in calculating GloBE Income or Loss and Adjusted Covered Taxes - Pillar Two compliance and reporting obligations, such as the GloBE Information Return, disclosures, and tax provisioning - Common challenges faced by multinational enterprises (MNEs) and strategies for ensuring readiness for Pillar Two implementation As Pillar Two rules take effect, it is essential for multinational enterprises (MNEs) to stay informed and prepare for this new tax era. By proactively navigating these changes, they can position themselves for sustained success in an evolving landscape, and we are committed to helping businesses stay ahead of the curve. For the latest updates on Pillar Two implementation, visit PwC’s Pillar Two Country Tracker: https://lnkd.in/dVye3H2W Jesse Kavanagh Flora Chan Ingrid Lau Ivan Lam #PwCHK #OECD #BEPS

As entities approach the September 2024 year end, it is essential to stay informed about reporting requirements. Our IFRS year end reminders summarise topical issues and year end requirements. Learn more: https://lnkd.in/ghkRtyAj #PwC #Viewpoint #IFRS

On 30 October 2024, the HKSAR Government released the consultation outcome on the implementation of the global minimum tax and the Hong Kong minimum top-up tax. We are pleased that the Government has carefully considered the constructive comments provided by various stakeholders including PwC, and thoroughly consulted the #OECD . An amendment bill is expected to be introduced in January 2025. Find out more about our observations: https://lnkd.in/g3Fum_hj #PwC #PwCHK #ProfitsTax #BEPS #PillarTwo

Along with the proposed development of high-value-added maritime services, green maritime centre, smart port, new tax regime enhancements and related initiatives in the Chief Executive’s 2024 Policy Address, PwC Hong Kong recently co-hosted an event with the Hong Kong Shipowners Association ( #HKSOA ). Our Chinese Mainland and Hong Kong Transportation and Logistics Industry Tax Leader, Agnes Wong , and HKSOA’s Managing Director, Sandy Chan, provided insights on the maritime industry developments. As part of the Hong Kong SAR Government’s effort to enhance Hong Kong’s competitiveness, the introduction of the proposed company inward re-domiciliation regime in Hong Kong may offer a cost-effective restructuring alternative to MNEs, maximising continuity over business operations, and substantially reducing administrative complexity and compliance burden compared to other routes for relocating to Hong Kong. Our expert panel of speakers, Ingrid Lau , Ivy Chow , Joyce Tung , and Emily Chak , also provided a comprehensive overview of the re-domiciliation regime under the latest legislative proposals and highlighted key features, as well as considerations from company secretarial, corporate governance, legal, and tax perspectives. Read more about re-domiciliation regime: https://lnkd.in/g3BnHCXi #PwC #PwCHK #Tax #Redomiciliation

The Court of Appeal recently handed down its judgment in Patrick Cox Asia Limited v Commissioner of Inland Revenue, which concerns the taxability of certain income in relation to sublicensing of trademarks. The court’s decision is significant in several aspects, including refining the general source rules for royalties from sub-licensing intellectual property and indicating the possibility of apportioning royalties. Find out more about our observations: https://lnkd.in/g5WqnKiW #PwC #PwCHK #ProfitsTax

According to PwC’s ‘Global Entertainment & Media Outlook 2024 to 2028’ Hong Kong summary, Hong Kong’s #entertainment and #media (E&M) revenue saw a slight increase of 4.5% year-on-year in 2023. The market is forecast to slow to 2.3%, reaching US$12.87bn in 2024. Projections show E&M in Hong Kong will have a steady compound annual growth rate (CAGR) of 2.06% between 2023 and 2028, with revenue expected to reach US$14bn in 2028. The business-to-business segment is on course for higher growth than its global and Asia Pacific counterparts between 2023 and 2028. However, the growth of print media continues to lag, as digital advertising has become the dominant channel. Learn more about the report: https://lnkd.in/gvB2EtQv #PwC #PwCHK #EntertainmentandMedia

This Wednesday, PwC brought together close to 300 global and regional financial services tax leaders at our 2024 Asia Pacific Financial Services Tax Conference. It was a fantastic opportunity to connect with our community of clients, colleagues, and friends, and discuss the critical tax issues and developments shaping the industry. Here are some key takeaways: - Five global megatrends have created expense and revenue uncertainty for financial services firms: diverging and high interest rates, stubborn inflation, regulatory complexity, rise of data and #AI , and demographic shifts. - The tax function is ripe for transformation, as reliance solely on personnel is no longer sufficient to meet today’s challenges. Changes like Pillar Two play a crucial role in this evolution, with the focus redirected to enhancing data accuracy and leveraging AI to analyse changes effectively. By integrating technology, the tax function can streamline processes and improve decision-making, positioning itself as a vital strategic partner within the organisation. - Agile access to data is essential for effective scenario planning in tax, particularly in light of ongoing global governmental changes. This shift will drive a heightened focus on tax compliance and business risk reviews, increasingly powered by technology and AI. Leveraging data will be key to staying ahead of regulatory requirements and mitigating potential risks. Thank you to all our guest speakers, clients, and representatives from leading financial institutions and professional bodies who attended the event. For more insights and to connect with PwC's regional financial services tax team, visit: https://lnkd.in/gv5dfqva #PwC #APFSTax #FinancialServices #Tax #AsiaPacific

An amendment bill to the Inland Revenue Ordinance was recently gazetted to (i) introduce a new profits tax deduction for reinstatement costs for leased premises; and (ii) remove the time limit for claiming annual allowances for a commercial/industrial building or structure. The two measures will take effect from 2024/25 upon passage of the bill. In welcome news, the Government adopted PwC's recommendations on the transitional issues. Find out more about our observations: https://lnkd.in/dcMRz5hQ #PwC #PwCHK #ProfitsTax

Last week, industry leaders and senior executives gathered at #PwC 's annual Asset & Wealth Management (AWM) event, titled 'Asset & Wealth Management 360: Key Insights and Trends', to discuss the exciting opportunities and unprecedented challenges in the industry. Our PwC subject-matter experts shared their unique and forward-looking perspectives on a range of topics: - M&A and capital flows in public and private markets - The role of #GenerativeAI and outsourcing in driving efficiency and transforming operating models - The disruptive impact of #tokenisation and virtual assets on product development and distribution - Private credit moving into the mainstream and funding the future As emerging trends continue to reshape the landscape, industry players will need to revisit their strategies and make critical decisions on how to adapt to the profound shifts in macroeconomic dynamics, technological innovation, and investor expectations. By doing so, they can navigate the complexities of the current environment and position themselves for sustained success in the future. Discover more on the latest AWM developments and insights: https://lnkd.in/ggHxbe7W Marie-Anne Kong Colin Shaftesley Matthew Phillips Julie Chan Peter Brewin Nick Atkinson Angus Chen Arthur Mok Arthur Yeung Charlotte Hui Helen Li Ivan Cheung Jeffrey Chung Josephine Kwan Keith Chau Lisa Tsui Michael Atkinson Michelle Wong Paul Walters #PwCHK #AssetManagement #WealthManagement

Yesterday, PwC Hong Kong released a forecast highlighting the ongoing challenges Hong Kong's #retail sector is facing in 2024. Our Consumer Markets Leader, Michael Cheng , shared that amid a confluence of factors, including the transformation of consumption patterns and the impact of continued strength of US Dollar and hence Hong Kong Dollar, Hong Kong retail sales have been severely impacted for the first eight months of 2024. Increased outbound travel by residents, and people heading to Shenzhen also led to weak consumption in Hong Kong. Nevertheless, with China’s recent consumption downgrade under the unprecedented economic impacts, wide-ranging stimulus measures intended to stimulate consumption and revive capital markets by the Central Government will aid consumers and boost the purchasing power of Chinese consumers benefiting from the wealth effect, along with various measures introduced by the Central Government with the objective to invigorate market sentiment earlier this year. PwC expects a gradual improvement in the retail sector from the fourth quarter onwards and predicts a 6% decline in total retail sales, amounting to HKD383 billion in 2024. The luxury retail sector in the Chinese Mainland and Hong Kong is currently experiencing signs of consolidation, with subdued demand indicating a slowdown in consumer spending. However, Rebecca Wong , PwC South China Tax Markets Leader, pointed out that favourable treatments for tax-exempt consumption and reduction in import taxes will boost inbound tourism and domestic consumption in China. Certain cities of the Greater Bay Area also encourage advanced supply chain management, design and branding businesses by providing tax incentives and talent subsidies. Hong Kong #retailers should make use of these new policies to explore new markets, new products and new business models; and bring in our international retail expertise to penetrate to the Chinese Mainland market. The retail market is currently facing a significant talent shortage, a challenge that has become particularly acute in certain sectors. Michael Cheng , Workforce Lead Partner of PwC Hong Kong, remarked that as retailers increasingly adopt #AI technologies to enhance operations and customer experiences, they encounter a dual challenge: the need for skilled workers who can effectively leverage these technologies and the imperative to maintain human elements in service delivery. The integration of AI alongside human capabilities is essential not only for addressing the talent shortage but also for fostering a more resilient workforce. Read more: https://lnkd.in/gQDiB3q3 #PwC #PwCChina #PwCHK #ConsumerMarkets #RetailMarkets

Metric
Company Name	PwC China	ChinaVenture Investment Consulting Co.,Ltd.	Booz Allen Hamilton Holding Corporation	CGI Inc.
Symbol			BAH	GIB-A
MSH ID	COM:PWCCN	CN:COM:CHINAVENTURE	COM:BOOZALLEN	COM:CGI
Market	PRIVATE	PRIVATE	STOCKS	STOCKS
Sector	Commercial & Professional Services	Commercial & Professional Services	Industrials	Technology
Industry	Professional Services	Investment Consulting	Consulting Services	Information Technology Services
Country	CN	CN	US	CA
Stage
Employee Count			35.80K	90K
Website	pwccn.com/en.html	chinaventure.com.cn	boozallen.com	cgi.com
LinkedIn	pwc_china	chinaventure
Founders

Metric
Market Cap			19.07B	22.86B
Enterprise Value
Monthly Web Traffic	95.96K	24.35K	402.37K
Web Traffic Growth	0.16	-0.51	-0.21
Valuation
Raised Capital			650M

Metric
Revenue	10.66B	10.53B
Revenue (LTM)
Revenue (NTM)
Gross Profit	2.29B	-15.12B
EBITDA	1.19B	1.97B
Operating Income	1.02B	-15.12B
Net Income	605.71M	1.21B
EPS	4.61	5.32
Diluted EPS	4.59	5.24
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score				97.28
28-Day Growth Score				35.94
90-Day Growth Score				83.81
365-Day Growth Score				82.78

Metric
Gross Profit Margin	0.54	0.16
Operating Profit Margin	0.10	0.17
EBITDA Margin	0.11	0.19
Net Profit Margin	0.06	0.12
Return on Equity	0.57	0.20
Return on Assets	0.09	0.11
Return on Capital Employed	0.21	0.21

PWCC

COM:PWCCN

PwC China

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	45.24	21.21
P/B Ratio	17.05	4.04
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.95	2.47
EV Multiple	24.13	11.49

Metric
Days Sales Outstanding	69.58	39.25
Days Payables Outstanding		27.46
Days Inventory Outstanding		36.80
Operating Cycle	76.06	73.23
Cash Conversion Cycle	41.10	46.71
Asset Turnover	1.65	0.93

Metric
Operating Cash Flow	258.84M	1.58B
Free Cash Flow	192.14M	1.50B
Cash Flow to Debt	0.11	0.77
Operating Cash Flow/Sales	0.03	0.15
Free Cash Flow Yield	0.01	0.05

Metric
Cash & Equivalents	554.26M	1.05B
Accounts Receivable	-269.64M	69.84M
Inventory	-8.71M
Goodwill	2.34B	6.79B
Debt to Capitalization	0.77	0.26
Debt to Assets	0.56	0.19
Current Ratio	1.68	1.11
Quick Ratio	1.62	1.16

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.01	0.00
R&D to Revenue
SG&A to Revenue	0.42