Innovax Holdings (SEHK:2998) - Stock Price, News & Analysis

2998 Stock Overview

An investment holding company, provides financial and securities services in Hong Kong. More details

2998 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap (HK$55M)

Earnings have declined by 31.3% per year over past 5 years

Shares are highly illiquid

Innovax Holdings Limited Competitors

KOALA Financial Group

SEHK:8226

HK$59.3m

DLC Asia

SEHK:8210

HK$42.4m

Gaoyu Finance Group

SEHK:8221

HK$59.5m

Amasse Capital Holdings

SEHK:8168

HK$34.1m

Price History & Performance

Summary of all time highs, changes and price drops for Innovax Holdings
Historical stock prices
Current Share Price	HK$1.10
52 Week High	HK$2.00
52 Week Low	HK$0.91
Beta	1.53
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-45.00%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	2998	HK Capital Markets	HK Market
7D	0%	-9.2%	-2.7%
1Y	n/a	17.2%	10.9%

Return vs Industry: Insufficient data to determine how 2998 performed against the Hong Kong Capital Markets industry.

Return vs Market: Insufficient data to determine how 2998 performed against the Hong Kong Market.

Price Volatility

Is 2998's price volatile compared to industry and market?
2998 volatility
2998 Average Weekly Movement	n/a
Capital Markets Industry Average Movement	14.0%
Market Average Movement	9.0%
10% most volatile stocks in HK Market	19.0%
10% least volatile stocks in HK Market	4.2%

Stable Share Price: 2998's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 2998's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2014	36	Calvin Poon	www.innovax.hk

Innovax Holdings Limited, an investment holding company, provides financial and securities services in Hong Kong. It offers corporate finance advisory services, such as IPO sponsorship, financial and independent financial advisory, and compliance advisory services; and securities dealing and brokerage services. The company also provides securities financing services, including margin financing for purchasing securities on the secondary market, as well as IPO financing for subscribing shares offered under public tranche of IPOs; and asset management services comprising fund and discretionary account management services, as well as future contracts dealing and money lending services, including personal loan.

Innovax Holdings Limited Fundamentals Summary

How do Innovax Holdings's earnings and revenue compare to its market cap?
2998 fundamental statistics
Market cap	HK$55.20m
Earnings (TTM)	-HK$30.46m
Revenue (TTM)	HK$114.26m

0.5x

P/S Ratio

-1.8x

P/E Ratio

Is 2998 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2998 income statement (TTM)
Revenue	HK$114.26m
Cost of Revenue	HK$0
Gross Profit	HK$114.26m
Other Expenses	HK$144.72m
Earnings	-HK$30.46m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.76
Gross Margin	100.00%
Net Profit Margin	-26.66%
Debt/Equity Ratio	0%

How did 2998 perform over the long term?

See historical performance and comparison