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Quanzhou Huixin Micro-credit SEHK:1577 Stock Report

Last Price

HK$0.65

Market Cap

HK$442.0m

7D

0%

1Y

18.2%

Updated

13 Aug, 2024

Data

Company Financials

Quanzhou Huixin Micro-credit Co., Ltd.

SEHK:1577 Stock Report

Market Cap: HK$442.0m

1577 Stock Overview

A microfinance company, provides various short-term financing solutions to entrepreneurial individuals, small and medium-sized enterprises, and microenterprises in the People’s Republic of China.

1577 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends4/6

Quanzhou Huixin Micro-credit Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Quanzhou Huixin Micro-credit
Historical stock prices
Current Share PriceHK$0.65
52 Week HighHK$1.03
52 Week LowHK$0.47
Beta0.079
11 Month Change0%
3 Month Change6.56%
1 Year Change18.18%
33 Year Change-45.83%
5 Year Change-51.13%
Change since IPO-64.29%

Recent News & Updates

Quanzhou Huixin Micro-credit (HKG:1577) Is Paying Out A Dividend Of CN¥0.055

Jun 10
Quanzhou Huixin Micro-credit (HKG:1577) Is Paying Out A Dividend Of CN¥0.055

We Think Shareholders Are Less Likely To Approve A Pay Rise For Quanzhou Huixin Micro-credit Co., Ltd.'s (HKG:1577) CEO For Now

May 31
We Think Shareholders Are Less Likely To Approve A Pay Rise For Quanzhou Huixin Micro-credit Co., Ltd.'s (HKG:1577) CEO For Now

Recent updates

Quanzhou Huixin Micro-credit (HKG:1577) Is Paying Out A Dividend Of CN¥0.055

Jun 10
Quanzhou Huixin Micro-credit (HKG:1577) Is Paying Out A Dividend Of CN¥0.055

We Think Shareholders Are Less Likely To Approve A Pay Rise For Quanzhou Huixin Micro-credit Co., Ltd.'s (HKG:1577) CEO For Now

May 31
We Think Shareholders Are Less Likely To Approve A Pay Rise For Quanzhou Huixin Micro-credit Co., Ltd.'s (HKG:1577) CEO For Now

Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577) Surges 36% Yet Its Low P/E Is No Reason For Excitement

May 21
Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577) Surges 36% Yet Its Low P/E Is No Reason For Excitement

Fewer Investors Than Expected Jumping On Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577)

Feb 14
Fewer Investors Than Expected Jumping On Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577)

With EPS Growth And More, Quanzhou Huixin Micro-credit (HKG:1577) Makes An Interesting Case

Oct 18
With EPS Growth And More, Quanzhou Huixin Micro-credit (HKG:1577) Makes An Interesting Case

Quanzhou Huixin Micro-credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.059

Jun 13
Quanzhou Huixin Micro-credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.059

Quanzhou Huixin Micro-Credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.061

Jun 13
Quanzhou Huixin Micro-Credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.061

Consider This Before Buying Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For The 5.2% Dividend

Apr 02
Consider This Before Buying Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For The 5.2% Dividend

If You Had Bought Quanzhou Huixin Micro-Credit's (HKG:1577) Shares Three Years Ago You Would Be Down 22%

Jan 28
If You Had Bought Quanzhou Huixin Micro-Credit's (HKG:1577) Shares Three Years Ago You Would Be Down 22%

Trade Alert: Weiqi Wu At Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577), Has Just Spent CN¥433k Buying 1.3% More Shares

Jan 07
Trade Alert: Weiqi Wu At Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577), Has Just Spent CN¥433k Buying 1.3% More Shares

Does It Make Sense To Buy Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For Its Yield?

Jan 02
Does It Make Sense To Buy Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For Its Yield?

Is Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) Popular Amongst Insiders?

Dec 06
Is Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) Popular Amongst Insiders?

Shareholder Returns

1577HK Consumer FinanceHK Market
7D0%2.6%2.2%
1Y18.2%-5.7%-1.6%

Return vs Industry: 1577 exceeded the Hong Kong Consumer Finance industry which returned -5.7% over the past year.

Return vs Market: 1577 exceeded the Hong Kong Market which returned -1.6% over the past year.

Price Volatility

Is 1577's price volatile compared to industry and market?
1577 volatility
1577 Average Weekly Movement5.3%
Consumer Finance Industry Average Movement5.5%
Market Average Movement6.5%
10% most volatile stocks in HK Market13.5%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 1577 has not had significant price volatility in the past 3 months.

Volatility Over Time: 1577's weekly volatility has decreased from 10% to 5% over the past year.

About the Company

FoundedEmployeesCEOWebsite
201051Zhijiang Yanwww.qzhuixin.net

Quanzhou Huixin Micro-credit Co., Ltd., a microfinance company, provides various short-term financing solutions to entrepreneurial individuals, small and medium-sized enterprises, and microenterprises in the People’s Republic of China. It offers revolving credit, joint-guaranteed, targeted payment, bridge, and collateralized quick-access loans. The company also provides investment advisory and consulting, information technology advisory, and estate brokerage services; and operates treasury.

Quanzhou Huixin Micro-credit Co., Ltd. Fundamentals Summary

How do Quanzhou Huixin Micro-credit's earnings and revenue compare to its market cap?
1577 fundamental statistics
Market capHK$442.00m
Earnings (TTM)HK$70.31m
Revenue (TTM)HK$122.78m

6.3x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1577 income statement (TTM)
RevenueCN¥113.18m
Cost of RevenueCN¥23.07m
Gross ProfitCN¥90.11m
Other ExpensesCN¥25.30m
EarningsCN¥64.81m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.095
Gross Margin79.62%
Net Profit Margin57.27%
Debt/Equity Ratio0.8%

How did 1577 perform over the long term?

See historical performance and comparison

Dividends

8.4%

Current Dividend Yield

52%

Payout Ratio
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