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GoFintech Innovation SEHK:290 Stock Report

Last Price

HK$0.78

Market Cap

HK$5.8b

7D

2.6%

1Y

143.8%

Updated

27 Dec, 2024

Data

Company Financials

GoFintech Innovation Limited

SEHK:290 Stock Report

Market Cap: HK$5.8b

290 Stock Overview

An investment holding company, provides securities and insurance brokerage, equity investment, asset management, margin and corporate finance, and money lending services in Hong Kong and the People’s Republic of China. More details

290 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Earnings have grown 6.9% per year over the past 5 years

Risk Analysis

Shareholders have been substantially diluted in the past year

Has less than 1 year of cash runway

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

GoFintech Innovation Limited Competitors

Hengtai Securities

SEHK:1476

HK$4.7b

Bright Smart Securities & Commodities Group

SEHK:1428

HK$3.9b

Shenwan Hongyuan (H.K.)

SEHK:218

HK$2.6b

Guotai Junan International Holdings

SEHK:1788

HK$10.9b

Price History & Performance

Summary of share price highs, lows and changes for GoFintech Innovation
Historical stock prices
Current Share PriceHK$0.78
52 Week HighHK$1.15
52 Week LowHK$0.11
Beta0.060
1 Month Change-1.27%
3 Month Change-8.24%
1 Year Change143.75%
3 Year Change254.55%
5 Year Change39.29%
Change since IPO-92.43%

Recent News & Updates

Recent updates

Reflecting on China Fortune Financial Group's (HKG:290) Share Price Returns Over The Last Three Years

Dec 31
Reflecting on China Fortune Financial Group's (HKG:290) Share Price Returns Over The Last Three Years

Shareholder Returns

290HK Capital MarketsHK Market
7D2.6%0.5%1.9%
1Y143.8%27.0%18.1%

Return vs Industry: 290 exceeded the Hong Kong Capital Markets industry which returned 27% over the past year.

Return vs Market: 290 exceeded the Hong Kong Market which returned 18.1% over the past year.

Price Volatility

Is 290's price volatile compared to industry and market?
290 volatility
290 Average Weekly Movement6.3%
Capital Markets Industry Average Movement14.4%
Market Average Movement8.6%
10% most volatile stocks in HK Market18.7%
10% least volatile stocks in HK Market4.0%

Stable Share Price: 290 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 290's weekly volatility has decreased from 21% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200160Huachen Zhangwww.290.com.hk

GoFintech Innovation Limited, an investment holding company, provides securities and insurance brokerage, equity investment, asset management, margin and corporate finance, and money lending services in Hong Kong and the People’s Republic of China. It operates through Securities Brokerage and Margin Financing, Corporate Finance, Money Lending, Consultancy and Insurance Brokerage, Asset Management, and Equity Investment segments. The company offers securities dealing, brokerage, margin financing, securities placing and underwriting services; account opening, deposit and withdrawal; and internet trading services.

GoFintech Innovation Limited Fundamentals Summary

How do GoFintech Innovation's earnings and revenue compare to its market cap?
290 fundamental statistics
Market capHK$5.82b
Earnings (TTM)-HK$24.16m
Revenue (TTM)HK$48.16m

120.8x

P/S Ratio

-240.8x

P/E Ratio

Is 290 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
290 income statement (TTM)
RevenueHK$48.16m
Cost of RevenueHK$24.27m
Gross ProfitHK$23.89m
Other ExpensesHK$48.05m
Earnings-HK$24.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0032
Gross Margin49.61%
Net Profit Margin-50.18%
Debt/Equity Ratio0%

How did 290 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 10:17
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

GoFintech Innovation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution