290 Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
GoFintech Innovation Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.47 |
| 52 Week High | HK$0.58 |
| 52 Week Low | HK$0.091 |
| Beta | 0.0044 |
| 1 Month Change | -5.10% |
| 3 Month Change | 173.53% |
| 1 Year Change | 111.36% |
| 3 Year Change | -15.45% |
| 5 Year Change | -30.60% |
| Change since IPO | -95.49% |
Recent News & Updates
Shareholder Returns
| 290 | HK Capital Markets | HK Market | |
|---|---|---|---|
| 7D | -1.1% | 13.6% | 5.2% |
| 1Y | 111.4% | -23.4% | -9.1% |
Return vs Industry: 290 exceeded the Hong Kong Capital Markets industry which returned -23.4% over the past year.
Return vs Market: 290 exceeded the Hong Kong Market which returned -9.1% over the past year.
Price Volatility
| 290 volatility | |
|---|---|
| 290 Average Weekly Movement | 35.1% |
| Capital Markets Industry Average Movement | 7.8% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 14.8% |
| 10% least volatile stocks in HK Market | 3.6% |
Stable Share Price: 290's share price has been volatile over the past 3 months.
Volatility Over Time: 290's weekly volatility has increased from 25% to 35% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 58 | Huachen Zhang | www.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. The company operates through Securities Brokerage and Margin Financing, Corporate Finance, Money Lending, Consultancy and Insurance Brokerage, Asset Management, and Equity Investment segments. It offers brokerage services, including securities dealing, brokerage, margin financing, securities placing and underwriting businesses; account opening, deposit and withdrawal; and internet trading services.
GoFintech Innovation Limited Fundamentals Summary
| 290 fundamental statistics | |
|---|---|
| Market cap | HK$2.94b |
| Earnings (TTM) | -HK$51.67m |
| Revenue (TTM) | HK$17.31m |
170.0x
P/S Ratio-56.9x
P/E RatioIs 290 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 290 income statement (TTM) | |
|---|---|
| Revenue | HK$17.31m |
| Cost of Revenue | HK$4.54m |
| Gross Profit | HK$12.77m |
| Other Expenses | HK$64.44m |
| Earnings | -HK$51.67m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0082 |
| Gross Margin | 73.76% |
| Net Profit Margin | -298.60% |
| Debt/Equity Ratio | 8.5% |
How did 290 perform over the long term?
See historical performance and comparison