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8317

Finet GroupSEHK:8317 Stock Report

Market Cap

HK$206.6m

7D

0%

1Y

-52.3%

Updated

17 Oct, 2021

Data

Company Financials
8317 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

8317 Overview

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

Summary of all time highs, changes and price drops for Finet Group
Historical stock prices
Current Share PriceHK$0.31
52 Week HighHK$0.28
52 Week LowHK$0.64
Beta0.61
1 Month Change3.33%
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

Shareholder Returns

8317HK Capital MarketsHK Market
7D0%-2.9%1.1%
1Y-52.3%3.7%5.3%

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.

Price Volatility

Is 8317's price volatile compared to industry and market?
8317 volatility
8317 Beta0.61
Industry Beta0.85
Market Beta1

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

FoundedEmployeesCEOWebsite
199886n/ahttps://www.finet.hk

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

How do Finet Group's earnings and revenue compare to its market cap?
8317 fundamental statistics
Market CapHK$206.63m
Earnings (TTM)-HK$15.79m
Revenue (TTM)HK$16.52m

12.5x

P/S Ratio

-13.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8317 income statement (TTM)
RevenueHK$16.52m
Cost of RevenueHK$1.68m
Gross ProfitHK$14.84m
ExpensesHK$30.63m
Earnings-HK$15.79m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.024
Gross Margin89.86%
Net Profit Margin-95.61%
Debt/Equity Ratio132.5%

How did 8317 perform over the long term?

See historical performance and comparison

Valuation

Is Finet Group undervalued compared to its fair value and its price relative to the market?

4.08x

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).


Future Growth

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

15.2%

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.


Past Performance

How has Finet Group performed over the past 5 years?

19.2%

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.


Financial Health

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.


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: 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.


Dividend

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.


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Finet Group has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 8317's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: 8317's board of directors are seasoned and experienced ( 10.8 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Finet Group Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Finet Group Limited
  • Fortis Tower
  • 30th Floor
  • Wan Chai
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 10:09
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.