SEHK:8017

Stock Analysis Report

Executive Summary

TradeGo FinTech Limited operates as an integrated securities trading platform service provider in Hong Kong and the People’s Republic of China.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Risks

  • TradeGo FinTech has significant price volatility in the past 3 months.
  • TradeGo FinTech is not covered by any analysts.

Similar Companies

Share Price & News

How has TradeGo FinTech's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SEHK:8017

-0.3%

HK Capital Markets

-0.6%

HK Market


1 Year Return

n/a

SEHK:8017

-9.1%

HK Capital Markets

-9.8%

HK Market

No trading data on 8017.

No trading data on 8017.


Share holder returns

8017IndustryMarket
7 Day0%-0.3%-0.6%
30 Day-7.8%-13.1%-9.6%
90 Day-20.2%-9.7%-7.5%
1 Yearn/a-5.9%-9.1%-6.5%-9.8%
3 Yearn/a-25.7%-32.2%12.8%1.6%
5 Yearn/a-13.5%-27.2%7.2%-10.6%

Price Volatility Vs. Market

How volatile is TradeGo FinTech's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TradeGo FinTech undervalued based on future cash flows and its price relative to the stock market?

4.33x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for TradeGo FinTech to establish if it is available at moderate discount.

Unable to calculate intrinsic value for TradeGo FinTech to establish if it is available at substantial discount.


Price Based on Earnings

TradeGo FinTech is loss making, we can't compare its value to the HK Capital Markets industry average.

TradeGo FinTech is loss making, we can't compare the value of its earnings to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for TradeGo FinTech, we can't assess if its growth is good value.


Price Based on Value of Assets

TradeGo FinTech is overvalued based on assets compared to the HK Capital Markets industry average.


Next Steps

Future Growth

How is TradeGo FinTech expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.9%

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 TradeGo FinTech 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 TradeGo FinTech performed over the past 5 years?

-75.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

TradeGo FinTech does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare TradeGo FinTech's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare TradeGo FinTech's 1-year growth to the HK Capital Markets industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if TradeGo FinTech has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if TradeGo FinTech has efficiently used its assets last year compared to the HK Capital Markets industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if TradeGo FinTech improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is TradeGo FinTech's financial position?


Financial Position Analysis

TradeGo FinTech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

TradeGo FinTech has no long term commitments.


Debt to Equity History and Analysis

TradeGo FinTech has no debt.

TradeGo FinTech currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

TradeGo FinTech has no debt, it does not need to be covered by short term assets.


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.

TradeGo FinTech has sufficient cash runway for 2.7 years based on current free cash flow.

TradeGo FinTech has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 140.6% each year.


Next Steps

Dividend

What is TradeGo FinTech's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate TradeGo FinTech's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate TradeGo FinTech's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as TradeGo FinTech has not reported any payouts.

Unable to verify if TradeGo FinTech's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as TradeGo FinTech has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of TradeGo FinTech's salary, the management and board of directors tenure and is there insider trading?

1.0yrs

Average board tenure


CEO

Yong Liu (47yo)

0.0yrs

Tenure

HK$795,030

Compensation

Mr. Liu Yong is the Chairman, Chief Executive Officer of TradeGo FinTech Limited and has been its Executive Director since June 15, 2017. He is responsible for Group’s overall management, strategic develop ...


CEO Compensation Analysis

Yong's remuneration is lower than average for companies of similar size in Hong Kong.

Yong's compensation has increased whilst company is loss making.


Board Age and Tenure

1.0yrs

Average Tenure

46yo

Average Age

The average tenure for the TradeGo FinTech board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyHK$856,24209 Jul 19
First Shanghai Assets Management Ltd.
EntityCompany
Shares1,540,000
Max PriceHK$0.56
SellHK$64,00010 Apr 19
VMI Capital Group Limited
EntityCompany
Shares100,000
Max PriceHK$0.64

Ownership Breakdown


Management Team

  • Yong Liu (47yo)

    Executive Chairman & CEO

    • Tenure: 0.0yrs
    • Compensation: HK$795.03k
  • Yong Wan (46yo)

    Compliance Officer & Executive Director

    • Tenure: 2.2yrs
    • Compensation: HK$612.67k
  • Jicheng Liao (34yo)

    Executive Director

    • Tenure: 2.2yrs
    • Compensation: HK$908.60k
  • Jieqiang Wu (44yo)

    Chief Operating Officer

    • Tenure: 0.0yrs
  • Chun Chen (30yo)

    Company Secretary

    • Tenure: 1.0yrs

Board Members

  • Elton Man (59yo)

    Independent Non-Executive Director

    • Tenure: 1.0yrs
    • Compensation: HK$100.00k
  • Jimmy Loke (69yo)

    Independent Non-Executive Director

    • Tenure: 1.0yrs
    • Compensation: HK$100.00k
  • Jie Jiao (39yo)

    Independent Non-Executive Director

    • Tenure: 1.0yrs
    • Compensation: HK$100.00k
  • Hung Yuan Lin (42yo)

    Non-Executive Director

    • Tenure: 2.2yrs
  • Yong Liu (47yo)

    Executive Chairman & CEO

    • Tenure: 0.0yrs
    • Compensation: HK$795.03k
  • Yong Wan (46yo)

    Compliance Officer & Executive Director

    • Tenure: 2.2yrs
    • Compensation: HK$612.67k
  • Jicheng Liao (34yo)

    Executive Director

    • Tenure: 2.2yrs
    • Compensation: HK$908.60k
  • Gangrui Wen

    Independent Non-Executive Director

    • Tenure: 1.0yrs

Company Information

TradeGo FinTech Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TradeGo FinTech Limited
  • Ticker: 8017
  • Exchange: SEHK
  • Founded: 2011
  • Industry: Financial Exchanges and Data
  • Sector: Diversified Financials
  • Market Cap: HK$220.000m
  • Shares outstanding: 500.00m
  • Website: https://www.tradego8.com

Number of Employees


Location

  • TradeGo FinTech Limited
  • Hong Kong Plaza
  • Office No. 10
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8017SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2018

Biography

TradeGo FinTech Limited operates as an integrated securities trading platform service provider in Hong Kong and the People’s Republic of China. The company develops trading platform software, such as Trade ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 13:06
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.