Central Wealth Group Holdings Limited (0139) AI Stock Analysis

• Market Cap: HK$224.82M
• Dividend Yield: N/A
• Average Volume (3M): 10.57M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.80
• Revenue Growth: 110.52%
• EPS Growth: 2.14%
• Country: HK
• Employees: 59
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): -0.06
• Shares Outstanding: 1,228,534,800
• 10 Day Avg. Volume: 12,965,585
• 30 Day Avg. Volume: 10,573,197
• PEG Ratio: 0.07
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 2.96
• P/FCF Ratio: -46.46
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: HK$0.17 ▲(3.13% Upside)

The score is primarily held back by deteriorating financial performance (declining revenue, ongoing losses, and zero operating/free cash flow). Technicals also lean negative with price below key moving averages and a negative MACD, while valuation is difficult to assess positively due to a loss-driven negative P/E and no dividend yield data.

Positive Factors

Zero debt / low leverage

A zero debt position delivers durable financial flexibility and lower fixed cost burdens, enabling the company to fund operations or strategic initiatives without interest obligations. This strengthens resilience to market shocks and preserves capacity for opportunistic investments over months.

Diversified fee-based business model

Multiple fee streams and partnerships create recurring revenue potential and cross-sell opportunities, reducing dependence on any single product. Over a multi-month horizon, a diversified service mix supports steadier income and client retention versus a narrow transactional model.

Established wealth management and advisory platform

Operating across asset management, advisory and consultancy gives structural market access to both retail and institutional clients. This broad positioning supports sustained fee generation and scalability from advisory mandates and asset-gathering efforts over the medium term.

Negative Factors

Declining revenue and persistent losses

A falling top line coupled with ongoing negative margins signals weakening competitive position or demand. Over months, persistent losses erode capital, limit reinvestment in client acquisition or product development, and raise pressure on management to execute structural turnaround actions.

Weak cash generation

Zero operating cash flow and historically volatile free cash flow impair the firm's ability to fund working capital, pay suppliers, or invest in growth without external funding. This constraint is a durable risk to operational stability and strategic flexibility over the coming months.

Negative ROE and deteriorating equity metrics

Negative ROE and a weakening equity ratio indicate shareholder value erosion and reduced capital efficiency. Over a multi-month horizon this undermines investor confidence, may restrict access to new capital, and limits ability to pursue inorganic growth or strategic projects.

Central Wealth Group Holdings Limited Business Overview & Revenue Model

Company Description

Central Wealth Group Holdings Limited (0139) is a diversified investment holding company based in Hong Kong, primarily engaged in wealth management and financial services. The company operates in various sectors, including asset management, financial advisory, and investment consultancy. It aims to provide comprehensive financial solutions to its clients, ranging from individual investors to corporate entities, through a suite of services designed to optimize investment returns and manage risks effectively.

How the Company Makes Money

The company generates revenue through multiple key streams, including management fees from its asset management services, advisory fees for providing financial consultancy, and commissions from investment products sold to clients. Central Wealth Group also earns income from performance fees based on the success of its investment portfolios. Additionally, strategic partnerships with financial institutions and investment firms enhance its service offerings and broaden its client base, contributing to its overall earnings. The company may also engage in proprietary trading or invest in financial instruments, which can provide supplementary income.

Central Wealth Group Holdings Limited Financial Statement Overview

Summary

Income statement and cash flow are weak: revenue is declining and profitability remains negative, with operating cash flow and free cash flow at zero in the latest year. The balance sheet benefits from zero debt, but negative ROE and weakening equity metrics indicate ongoing shareholder value erosion.

Income Statement

The company has experienced a significant decline in revenue over the years, with the latest year showing a further decrease to $67.4 million from $90.2 million in the previous year. The net profit margin is negative, reflecting ongoing losses, which are exacerbated by a negative EBIT margin. These factors point to profitability challenges and a declining revenue trend.

Balance Sheet

The company's balance sheet shows a relatively healthy equity position, with a debt-to-equity ratio of zero in the latest year due to no outstanding debt. However, the equity ratio has decreased over time, indicating a reduction in the proportion of equity financing. The return on equity is negative, reflecting continuous losses impacting shareholder value.

Cash Flow

The cash flow performance is concerning, with operating cash flow at zero in the latest year, suggesting cash generation issues. Historical fluctuations in free cash flow indicate instability, and the recent figures show no free cash flow, which could hinder future operational capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	82.47M	80.73M	101.70M	277.84M	243.84M	684.80M
Gross Profit	75.22M	66.93M	79.81M	252.02M	210.99M	331.98M
EBITDA	-87.05M	-39.19M	-104.96M	-70.56M	-303.94M	131.85M
Net Income	-122.97M	-83.14M	-132.86M	-107.42M	-371.27M	27.76M
Balance Sheet
Total Assets	1.24B	1.03B	1.04B	2.05B	1.83B	2.55B
Cash, Cash Equivalents and Short-Term Investments	124.18M	52.58M	48.40M	127.57M	384.96M	756.01M
Total Debt	204.60M	170.96M	171.79M	233.04M	400.39M	671.34M
Total Liabilities	439.39M	294.57M	263.34M	948.16M	705.90M	1.28B
Stockholders Equity	755.01M	733.13M	776.66M	1.10B	1.12B	1.28B
Cash Flow
Free Cash Flow	-98.47M	-5.14M	117.83M	4.06M	114.55M	-245.70M
Operating Cash Flow	-100.81M	-23.59M	118.40M	4.14M	118.23M	-243.73M
Investing Cash Flow	14.94M	13.19M	-96.50M	139.44M	50.53M	502.87M
Financing Cash Flow	73.46M	5.63M	-58.90M	-215.13M	-106.90M	-189.48M

Central Wealth Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0139, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.19, and below the 200-day MA of 0.38, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.97 is Neutral, neither overbought nor oversold. The STOCH value of 44.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0139.

Central Wealth Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0717	69 Neutral	HK$633.64M	4.31	4.26%	―	84.88%	122.45%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
1141	58 Neutral	HK$1.45B	16.30	6.23%	―	126.33%	―
1461	56 Neutral	HK$701.33M	17.86	1.41%	2.39%	-18.72%	-45.10%
0227	52 Neutral	HK$591.48M	39.13	0.63%	―	3.07%	-72.40%
0139	42 Neutral	HK$224.82M	-1.34	-16.07%	―	110.52%	2.14%
0329	42 Neutral	HK$517.41M	118.97	1.61%	―	3.82%	―

Central Wealth Group Holdings Limited Corporate Events

Central Wealth Plans Share Placing to Raise HK$39.3 Million for Debt Settlement and Working Capital

The company has entered into a placing agreement with its wholly owned Hong Kong subsidiary acting as placing agent to issue up to 245,706,960 new shares at HK$0.16 each under a specific mandate, representing about 20% of its existing share capital and roughly 16.67% of its enlarged share base. Subject to shareholders’ approval and other conditions, the deal could raise gross proceeds of around HK$39.3 million (net about HK$38.3 million), which the company plans to use to settle group liabilities and bolster general working capital, a move that will dilute existing shareholders but strengthen the balance sheet and liquidity if completed, with no new substantial shareholder expected to emerge from the placing.

The most recent analyst rating on (HK:0139) stock is a Sell with a HK$0.18 price target. To see the full list of analyst forecasts on Central Wealth Group Holdings Limited stock, see the HK:0139 Stock Forecast page.

Smart Fish Wealthlink Declares Special Cash Dividend for Shareholders

Smart Fish Wealthlink Holdings Limited has declared a special cash dividend of HKD 0.228 per 100 shares, with shareholder approval scheduled for 11 February 2026, an ex-dividend date of 13 February 2026, a record date of 23 February 2026, and payment to be made on 9 March 2026 through its share registrar, Tricor Investor Services Limited. The announcement, which updates earlier disclosures to include details of the special general meeting, signals a direct distribution of surplus funds to shareholders and may reflect the company’s confidence in its financial position, offering an immediate return to investors without altering its capital structure or involving warrants or convertible securities.

The most recent analyst rating on (HK:0139) stock is a Sell with a HK$0.18 price target. To see the full list of analyst forecasts on Central Wealth Group Holdings Limited stock, see the HK:0139 Stock Forecast page.

Smart Fish Wealthlink Calls Special Meeting to Cancel Share Premium and Propose Special Dividend

Smart Fish Wealthlink Holdings Limited has convened a special general meeting for 11 February 2026 in Hong Kong for shareholders to vote on a capital reorganisation that includes cancelling the entire balance of its share premium account of approximately HK$4.93 billion and transferring the resulting credit to a contributed surplus account. The board would be authorised to use this contributed surplus to partly fund a special dividend, eliminate accumulated losses, and potentially support future dividends or other lawful distributions without further shareholder approval. Subject to certain conditions, shareholders are also being asked to approve a special dividend of HK$0.228 for every 100 shares, with the board empowered to determine the exact reserves used and to execute all necessary steps to effect the payout, signalling a move to return capital to investors while cleaning up the company’s balance sheet.

The most recent analyst rating on (HK:0139) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Central Wealth Group Holdings Limited stock, see the HK:0139 Stock Forecast page.

Smart Fish Wealthlink Holdings Introduces Nomination Committee Terms

Smart Fish Wealthlink Holdings Limited has established the terms of reference for its Nomination Committee, emphasizing board governance and inclusivity in its operations. The company outlines procedures for meetings, membership, and roles within the committee, aiming to strengthen organizational transparency and ensure diverse and independent representation at the board level, ultimately enhancing stakeholder confidence.

The most recent analyst rating on (HK:0139) stock is a Sell with a HK$0.20 price target. To see the full list of analyst forecasts on Central Wealth Group Holdings Limited stock, see the HK:0139 Stock Forecast page.

Central Wealth Group Announces Major Share Disposal

Central Wealth Group Holdings Limited, a company incorporated in Bermuda, has announced a very substantial disposal of shares in Shandong Hi-Speed Holdings Group Limited. The company disposed of 65,356,000 shares on the open market for approximately HK$324.4 million due to prolonged delays from purchasers in settling outstanding considerations. This move, which exceeds 75% of applicable percentage ratios, requires shareholder approval and aims to avoid legal disputes while stabilizing the company’s financial position.

The most recent analyst rating on (HK:0139) stock is a Sell with a HK$0.20 price target. To see the full list of analyst forecasts on Central Wealth Group Holdings Limited stock, see the HK:0139 Stock Forecast page.

Smart Fish Wealthlink Eyes Strategic Investment in Short-Form Film Industry

Smart Fish Wealthlink Holdings Limited has entered into a strategic investment memorandum of understanding with Zhejiang Chuhai Digital Technology Co., Ltd., a company based in China that operates in the digital economic area, particularly in the short-form film industry. The potential investment involves acquiring up to 40% equity interest in the target company, which has a significant presence in the short-form film market with platforms operating in over twenty countries. This move aligns with Smart Fish Wealthlink’s strategy to diversify and tap into the rapidly growing short-form film industry, leveraging the target company’s established ecosystem and extensive content network.

The most recent analyst rating on (HK:0139) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Central Wealth Group Holdings Limited stock, see the HK:0139 Stock Forecast page.

Smart Fish Wealthlink Enters Strategic Partnership to Enhance Short Drama Ecosystem

Smart Fish Wealthlink Holdings Limited has entered into a strategic cooperation agreement with Guangzhou Huashengjia Internet Technology Co., Ltd. to create a digital and innovative short drama ecosystem. This partnership aims to integrate short drama content with social media and e-commerce, enhancing the company’s content distribution and commercial conversion capabilities. The collaboration is expected to broaden revenue streams and enhance the sustainable development of the short drama business, aligning with the interests of the company and its shareholders.

The most recent analyst rating on (HK:0139) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Central Wealth Group Holdings Limited stock, see the HK:0139 Stock Forecast page.

Smart Fish Wealthlink Holdings Expands into AI-Enhanced Short Drama Production

Smart Fish Wealthlink Holdings Limited has announced its strategic move into the short drama segment, with two of its productions achieving significant recognition on industry charts. The company has invested RMB5.2 million in nine short dramas and recognized revenues of RMB1.9 million, with expectations of continued growth. By adopting AIGC technology, the company anticipates reducing production costs to around RMB350,000 per title, potentially improving profit margins between 10% to 20%. This initiative positions the company to better understand market potential and capitalize on the growing demand for short dramas.

The most recent analyst rating on (HK:0139) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Central Wealth Group Holdings Limited stock, see the HK:0139 Stock Forecast page.