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628

Gome Finance Technology SEHK:628 Stock Report

Last Price

HK$0.28

Market Cap

HK$769.8m

7D

0%

1Y

-51.7%

Updated

22 Jun, 2022

Data

Company Financials
628 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

628 Stock Overview

Gome Finance Technology Co., Ltd., an investment holding company, provides various financial services in in Hong Kong and Mainland China.

Gome Finance Technology Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Gome Finance Technology
Historical stock prices
Current Share PriceHK$0.28
52 Week HighHK$0.59
52 Week LowHK$0.24
Beta0.96
1 Month Change3.64%
3 Month Change-14.93%
1 Year Change-51.70%
3 Year Change-54.03%
5 Year Change-74.09%
Change since IPO-99.16%

Recent News & Updates

Shareholder Returns

628HK MortgageHK Market
7D0%1.4%-1.2%
1Y-51.7%-15.6%-23.8%

Return vs Industry: 628 underperformed the Hong Kong Mortgage industry which returned -15.8% over the past year.

Return vs Market: 628 underperformed the Hong Kong Market which returned -21.5% over the past year.

Price Volatility

Is 628's price volatile compared to industry and market?
628 volatility
628 Average Weekly Movement10.3%
Mortgage Industry Average Movement5.5%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.6%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 628 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 628's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
200225n/ahttps://www.gomejr.com

Gome Finance Technology Co., Ltd., an investment holding company, provides various financial services in in Hong Kong and Mainland China. It operates through Commercial Factoring Business and Other Financing Services segments. The company provides commercial factoring, financial leasing, personal property pawn loans, real estate mortgage loans, and money lending services.

Gome Finance Technology Fundamentals Summary

How do Gome Finance Technology's earnings and revenue compare to its market cap?
628 fundamental statistics
Market CapCN¥655.99m
Earnings (TTM)-CN¥127.98m
Revenue (TTM)CN¥57.73m

0.4x

P/B Ratio

11.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
628 income statement (TTM)
RevenueCN¥57.73m
Cost of RevenueCN¥0
Gross ProfitCN¥57.73m
Other ExpensesCN¥185.71m
Earnings-CN¥127.98m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.047
Gross Margin100.00%
Net Profit Margin-221.70%
Debt/Equity Ratio56.6%

How did 628 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 628 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 628?

Other financial metrics that can be useful for relative valuation.

628 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does 628's PB Ratio compare to its peers?

628 PB Ratio vs Peers
The above table shows the PB ratio for 628 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average0.5x

Price-To-Book vs Peers: 628 is good value based on its Price-To-Book Ratio (0.4x) compared to the peer average (0.5x).


Price to Earnings Ratio vs Industry

How does 628's PE Ratio compare vs other companies in the Mortgage Industry?

Price-To-Book vs Industry: 628 is good value based on its Price-To-Book Ratio (0.4x) compared to the Asian Mortgage industry average (1.1x)


Price to Book Ratio vs Fair Ratio

What is 628's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

628 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 628's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 628 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 628's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 628's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 628's PEG Ratio to determine if it is good value.


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Future Growth

How is Gome Finance Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.1%

Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gome Finance Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Gome Finance Technology competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Gome Finance Technology performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-37.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 628 is currently unprofitable.

Growing Profit Margin: 628 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 628 is unprofitable, and losses have increased over the past 5 years at a rate of 37.2% per year.

Accelerating Growth: Unable to compare 628's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 628 is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (15.9%).


Return on Equity

High ROE: 628 has a negative Return on Equity (-8.25%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Gome Finance Technology's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

1/6

Financial Health Score 1/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 628's Assets to Equity ratio (1.6x) is low.

Allowance for Bad Loans: Insufficient data to determine if 628 has a sufficient allowance for bad loans.

Low Risk Liabilities: 628 reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.

Loan Level: Insufficient data to determine if 628 has an appropriate level of Loans to Assets ratio.

Low Risk Deposits: 628 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Level of Bad Loans: Insufficient data to determine if 628 has an appropriate level of bad loans.


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Dividend

What is Gome Finance Technology current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 628's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 628's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 628's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 628's dividend payments have been increasing.


Current Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 628's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average board tenure


CEO

Gome Finance Technology has no CEO, or we have no data on them.


Board Members

Experienced Board: 628's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gome Finance Technology Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Gome Finance Technology Co., Ltd.
  • Ticker: 628
  • Exchange: SEHK
  • Founded: 2002
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Implied Market Cap: HK$769.820m
  • Shares outstanding: 2.70b
  • Website: https://www.gomejr.com

Number of Employees


Location

  • Gome Finance Technology Co., Ltd.
  • Two International Finance Centre
  • 29th Floor
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/22 00:00
End of Day Share Price2022/06/22 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.