SEHK:510

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CASH Financial Services Group

Executive Summary

CASH Financial Services Group Limited, an investment holding company, provides financial products and services in the People’s Republic of China.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has CASH Financial Services Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 510's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.0%

510

-1.9%

HK Capital Markets

-3.1%

HK Market


1 Year Return

-52.9%

510

-6.8%

HK Capital Markets

-9.9%

HK Market

Return vs Industry: 510 underperformed the Hong Kong Capital Markets industry which returned -6.6% over the past year.

Return vs Market: 510 underperformed the Hong Kong Market which returned -11.2% over the past year.


Shareholder returns

510IndustryMarket
7 Day-4.0%-1.9%-3.1%
30 Day4.3%5.7%0.4%
90 Day-29.4%-7.0%-8.0%
1 Year-52.9%-52.9%-4.0%-6.8%-6.9%-9.9%
3 Year-92.5%-92.5%-20.9%-27.8%-3.9%-13.7%
5 Year-96.8%-96.8%-50.7%-57.9%-16.1%-29.1%

Price Volatility Vs. Market

How volatile is CASH Financial Services Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CASH Financial Services Group undervalued compared to its fair value and its price relative to the market?

0.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 510's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 510's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 510 is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: 510 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 510's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 510 is good value based on its PB Ratio (0.2x) compared to the HK Capital Markets industry average (0.4x).


Next Steps

Future Growth

How is CASH Financial Services Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.9%

Forecasted Diversified Financials 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 CASH Financial Services Group 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.


Next Steps

Past Performance

How has CASH Financial Services Group performed over the past 5 years?

-49.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 510 is currently unprofitable.

Growing Profit Margin: 510 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 510 is unprofitable, and losses have increased over the past 5 years at a rate of -49.9% per year.

Accelerating Growth: Unable to compare 510's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 510 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-18.9%).


Return on Equity

High ROE: 510 has a negative Return on Equity (-23.2%), as it is currently unprofitable.


Next Steps

Financial Health

How is CASH Financial Services Group's financial position?


Financial Position Analysis

Short Term Liabilities: 510's short term assets (HK$1.4B) exceed its short term liabilities (HK$980.5M).

Long Term Liabilities: 510's short term assets (HK$1.4B) exceed its long term liabilities (HK$19.3M).


Debt to Equity History and Analysis

Debt Level: 510's debt to equity ratio (29.7%) is considered satisfactory.

Reducing Debt: 510's debt to equity ratio has reduced from 46.2% to 29.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 510 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 510 has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 6.2% each year.


Next Steps

Dividend

What is CASH Financial Services Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 510's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 510'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 510's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 510's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 510 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 510's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average management tenure


CEO

Bankee Kwan (59yo)

0.33

Tenure

HK$869,000

Compensation

Dr. Pak Hoo Kwan, also known as Bankee, JP, MBA, BBA, FFA, FHKSI, CPM(HK), FHKIM, DBA (Hon), has been Acting Chief Executive Officer of CASH Financial Services Group Ltd. since January 1, 2020. Dr. Kwan se ...


CEO Compensation Analysis

Compensation vs Market: Bankee's total compensation ($USD112.08K) is below average for companies of similar size in the Hong Kong market ($USD224.52K).

Compensation vs Earnings: Bankee's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Pak Hoo Kwan
Executive Chairman & Acting CEO0.33yrHK$869.00kno data
Shing Wai Li
CFO & Executive Director0.67yrHK$625.40kno data
Wai Ching Cheung
COO & Executive Director2.33yrsHK$1.07mno data
Tsz Cheung Ho
Managing Director of Wealth Management Division0.67yrHK$857.36kno data
Teng Hin Kwan
Executive Director2.92yrsHK$1.02mno data
Tze Wai Ng
Senior Consultant of China Business Development0.33yrHK$2.25mno data
Wai-Suen Ng
MD & Head of Investment Bankingno datano datano data
Chi-yan Choi
Head of Legal & Complianceno datano datano data
Ho-Yin Yiu
Managing Director of Asset Managementno datano datano data
Hin-Sing Ng
Executive Director & Executive Director of CASH0.17yrno datano data

0.3yrs

Average Tenure

45yo

Average Age

Experienced Management: 510's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Pak Hoo Kwan
Executive Chairman & Acting CEO0.33yrHK$869.00kno data
Shing Wai Li
CFO & Executive Director0.67yrHK$625.40kno data
Wai Ching Cheung
COO & Executive Director2.33yrsHK$1.07mno data
Teng Hin Kwan
Executive Director2.92yrsHK$1.02mno data
Hin-Sing Ng
Executive Director & Executive Director of CASH0.17yrno datano data
Ming Chi Lo
Independent Non-Executive Director11.58yrsHK$150.00kno data
Kwok Hung Lo
Independent Non-Executive Director14.67yrsHK$150.00k0.025% HK$30.1k
Shu Shing Cheng
Independent Non-Executive Director17.67yrsHK$150.00kno data

2.9yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 510's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CASH Financial Services Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CASH Financial Services Group Limited
  • Ticker: 510
  • Exchange: SEHK
  • Founded: 1972
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: HK$118.938m
  • Shares outstanding: 4.96b
  • Website: https://www.cfsg.com.hk

Number of Employees


Location

  • CASH Financial Services Group Limited
  • Manhattan Place
  • 22nd Floor
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
510SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2000
CFNBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2000
CFLS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2000

Biography

CASH Financial Services Group Limited, an investment holding company, provides financial products and services in the People’s Republic of China. The company is involved in the online and traditional brokerage of securities, futures, and options contracts, as well as mutual funds, provident funds, and life insurance investment products. It also trades in debt and equity securities, and derivatives; and provides margin financing, money lending, and financial advisory consultancy services. In addition, the company offers investment banking and asset management services; and mobile and premium trading, corporate finance, wealth management, payment gateway, treasury management, and cryptocurrency brokerage services. Further, it operates a FinTech platform; and engages in property holding activities. CASH Financial Services Group Limited was founded in 1972 and is headquartered in Kowloon Bay, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 12:36
End of Day Share Price2020/05/26 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.