Gome Finance Technology Co., Ltd., an investment holding company, provides various financial services in Hong Kong and People's Republic of China.
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Gome Finance Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 628's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 628 exceeded the Hong Kong Mortgage industry which returned -23.6% over the past year.
Return vs Market: 628 exceeded the Hong Kong Market which returned 3.1% over the past year.
Price Volatility Vs. Market
How volatile is Gome Finance Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIf You Had Bought Gome Finance Technology (HKG:628) Stock A Year Ago, You Could Pocket A 77% Gain Today
2 months ago | Simply Wall StWhat Type Of Shareholder Owns Gome Finance Technology Co., Ltd.'s (HKG:628)?
5 months ago | Simply Wall StIf You Had Bought Gome Finance Technology (HKG:628) Stock Three Years Ago, You'd Be Sitting On A 35% Loss, Today
Is Gome Finance Technology undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 628's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 628's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 628 is unprofitable, so we can't compare its PE Ratio to the XA Mortgage industry average.
PE vs Market: 628 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 628's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 628 is overvalued based on its PB Ratio (1.3x) compared to the XA Mortgage industry average (0.7x).
How is Gome Finance Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of 628’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Gome Finance Technology competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
How has Gome Finance Technology performed over the past 5 years?
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, but has reduced losses over the past 5 years at a rate of 27.2% 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 (5.9%).
Return on Equity
High ROE: 628 has a negative Return on Equity (-1.83%), as it is currently unprofitable.
How is Gome Finance Technology's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
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.
What is Gome Finance Technology current dividend yield, its reliability and sustainability?
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
Dividend Coverage: 628 is not paying a notable dividend for the Hong Kong market.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Gome Finance Technology has no CEO, or we have no data on them.
|Executive Director||2.67yrs||CN¥1.54m||no data|
|Independent Non-Executive Director||3yrs||CN¥271.00k||no data|
|Non-Executive Director||3.92yrs||CN¥105.00k||no data|
|Independent Non-Executive Director||3.92yrs||CN¥271.00k||no data|
|Independent Non-Executive Director||3.83yrs||CN¥271.00k||no data|
|Independent Non-Executive Director||1yr||no data||no data|
Experienced Board: 628's board of directors are considered experienced (3.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gome Finance Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Gome Finance Technology Co., Ltd.
- Ticker: 628
- Exchange: SEHK
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: HK$2.134b
- Shares outstanding: 2.70b
- Website: https://www.gomejr.com
Number of Employees
- Gome Finance Technology Co., Ltd.
- Two International Finance Centre
- 29th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|628||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jul 2002|
|TFN4||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2002|
Gome Finance Technology Co., Ltd., an investment holding company, provides various financial services in Hong Kong and People's Republic of China. The company offers commercial factoring, financial leasing ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 13:01|
|End of Day Share Price||2020/08/04 00:00|
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.