Finet Group Limited, an investment holding company, develops, produces, and provides financial information services, advertising and investor relationship services, and technology solutions to corporate and retail clients in Hong Kong and the People's Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.31|
|52 Week High||HK$0.28|
|52 Week Low||HK$0.64|
|1 Month Change||3.33%|
|3 Month Change||-11.43%|
|1 Year Change||-52.31%|
|3 Year Change||-34.04%|
|5 Year Change||-58.67%|
|Change since IPO||-95.96%|
Recent News & Updates
|8317||HK Capital Markets||HK Market|
Return vs Industry: 8317 underperformed the Hong Kong Capital Markets industry which returned 3.7% over the past year.
Return vs Market: 8317 underperformed the Hong Kong Market which returned 5.3% over the past year.
Stable Share Price: 8317 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 8317's weekly volatility (3%) has been stable over the past year.
About the Company
Finet Group Limited, an investment holding company, develops, produces, and provides financial information services, advertising and investor relationship services, and technology solutions to corporate and retail clients in Hong Kong and the People's Republic of China. The company operates in four segments: Financial Information, Advertising and Investor Relationship Service Business; Securities Business; Money Lending Business; and Property Investment Business. It also offers branding promotion, and communication services; digital marketing and advertising, public relationship, and events management; and securities brokerage, underwriting, and asset management services.
Finet Group Fundamentals Summary
|8317 fundamental statistics|
Is 8317 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|8317 income statement (TTM)|
|Cost of Revenue||HK$1.68m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.024|
|Net Profit Margin||-95.61%|
How did 8317 perform over the long term?See historical performance and comparison
Is Finet Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 8317's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 8317's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 8317 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Capital Markets industry average.
PE vs Market: 8317 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 8317's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8317 is overvalued based on its PB Ratio (4.1x) compared to the HK Capital Markets industry average (0.7x).
How is Finet Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Finet 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.
How has Finet Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8317 is currently unprofitable.
Growing Profit Margin: 8317 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8317 is unprofitable, but has reduced losses over the past 5 years at a rate of 19.2% per year.
Accelerating Growth: Unable to compare 8317's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8317 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (52.6%).
Return on Equity
High ROE: 8317 has a negative Return on Equity (-35.12%), as it is currently unprofitable.
How is Finet Group's financial position?
Financial Position Analysis
Short Term Liabilities: 8317's short term assets (HK$32.6M) exceed its short term liabilities (HK$31.0M).
Long Term Liabilities: 8317's short term assets (HK$32.6M) do not cover its long term liabilities (HK$44.9M).
Debt to Equity History and Analysis
Debt Level: 8317's debt to equity ratio (132.6%) is considered high.
Reducing Debt: 8317's debt to equity ratio has increased from 28.4% to 132.6% over the past 5 years.
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: 8317 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8317 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Finet Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8317's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8317'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 8317's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8317'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 8317's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Finet Group has no CEO, or we have no data on them.
Experienced Management: 8317's management team is considered experienced (3 years average tenure).
Experienced Board: 8317's board of directors are seasoned and experienced ( 10.8 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Finet Group Limited's employee growth, exchange listings and data sources
- Name: Finet Group Limited
- Ticker: 8317
- Exchange: SEHK
- Founded: 1998
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Market Cap: HK$206.627m
- Shares outstanding: 666.54m
- Website: https://www.finet.hk
Number of Employees
- Finet Group Limited
- Fortis Tower
- 30th Floor
- Wan Chai
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 10:09|
|End of Day Share Price||2021/10/15 00:00|
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.