SEHK:8017

Stock Analysis Report

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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 Analysis

Flawless balance sheet with proven track record.


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

Stable Share Price: 8017 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.5%

8017

2.3%

HK Capital Markets

0.8%

HK Market


1 Year Return

-20.5%

8017

47.8%

HK Capital Markets

5.5%

HK Market

Return vs Industry: 8017 underperformed the Hong Kong Capital Markets industry which returned 49.3% over the past year.

Return vs Market: 8017 underperformed the Hong Kong Market which returned 5.4% over the past year.


Shareholder returns

8017IndustryMarket
7 Day6.5%2.3%0.8%
30 Day-1.5%-0.1%-2.4%
90 Day-2.9%42.6%7.6%
1 Year-20.5%-20.5%52.1%47.8%9.8%5.5%
3 Yearn/a13.4%3.2%2.1%-8.9%
5 Yearn/a-3.6%-17.6%12.7%-6.2%

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 compared to its fair value and its price relative to the market?

12.04x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8017's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8017's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8017's PE Ratio (12x) is in line with the HK Capital Markets industry average.

PE vs Market: 8017 is poor value based on its PE Ratio (12x) compared to the Hong Kong market (10.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8017's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8017 is overvalued based on its PB Ratio (2.8x) compared to the HK Capital Markets industry average (0.5x).


Next Steps

Future Growth

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

10.1%

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?

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8017 has high quality earnings.

Growing Profit Margin: 8017 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 8017 has become profitable over the past 5 years, growing earnings by -5.5% per year.

Accelerating Growth: 8017 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 8017 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-6.6%).


Return on Equity

High ROE: 8017's Return on Equity (22.5%) is considered high.


Next Steps

Financial Health

How is TradeGo FinTech's financial position?


Financial Position Analysis

Short Term Liabilities: 8017's short term assets (HK$62.5M) exceed its short term liabilities (HK$20.6M).

Long Term Liabilities: 8017's short term assets (HK$62.5M) exceed its long term liabilities (HK$1.7M).


Debt to Equity History and Analysis

Debt Level: 8017 is debt free.

Reducing Debt: 8017 had no debt 5 years ago.

Debt Coverage: 8017 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8017 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8017's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8017'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 8017's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8017's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8017'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?

2.6yrs

Average board tenure


CEO

Yong Liu (48 yo)

no data

Tenure

HK$765,651

Compensation

Mr. Yong Liu is the Chairman, Chief Executive Officer of TradeGo FinTech Limited and has been its Executive Director since June 15, 2017. He is also a Director of each of Power Mind Global Limited, Tele-Tr ...


CEO Compensation Analysis

Compensation vs Market: Yong's total compensation ($USD98.79K) is below average for companies of similar size in the Hong Kong market ($USD230.44K).

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


Board Members

NamePositionTenureCompensationOwnership
Yong Liu
Executive Chairman & CEOno dataHK$765.65k30.85%
HK$ 50.9m
Yong Wan
Compliance Officer & Executive Director3.17yrsHK$557.53kno data
Jicheng Liao
Executive Director3.17yrsHK$670.52kno data
Kong Yui Man
Independent Non-Executive Director2yrsHK$200.00kno data
Yu Loke
Independent Non-Executive Director2yrsHK$200.00kno data
Jie Jiao
Independent Non-Executive Director2yrsHK$200.00kno data
Hung Yuan Lin
Non-Executive Director3.17yrsno data5.74%
HK$ 9.5m

2.6yrs

Average Tenure

47yo

Average Age

Experienced Board: 8017's board of directors are not considered experienced ( 2.6 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

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


Key Information

  • Name: TradeGo FinTech Limited
  • Ticker: 8017
  • Exchange: SEHK
  • Founded: 2017
  • Industry: Financial Exchanges and Data
  • Sector: Diversified Financials
  • Market Cap: HK$165.000m
  • Shares outstanding: 500.00m
  • Website: https://www.tradego8.com

Number of Employees


Location

  • TradeGo FinTech Limited
  • Hong Kong Plaza
  • 16th Floor
  • 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 Analysis2020/08/11 13:00
End of Day Share Price2020/08/10 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.