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Central Wealth Group Holdings Limited (HK:0139)
:0139
Hong Kong Market

Central Wealth Group Holdings Limited (0139) AI Stock Analysis

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HK:0139

Central Wealth Group Holdings Limited

(0139)

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Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
HK$0.18
▲(13.12% 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
Debt-free balance sheet
Zero reported debt preserves financial flexibility and lowers solvency risk, enabling the firm to allocate cash to operations or strategic initiatives without interest burdens. Over the medium term this buffers the business while it restructures and seeks growth.
Diversified fee-based revenue streams
Multiple fee sources (management, advisory, commissions, performance) support recurring, higher-margin income potential and cross-sell opportunities. Structurally, this reduces reliance on any single product cycle and can stabilize revenues as client relationships deepen.
Established wealth management franchise
Operating across asset management, financial advisory and investment consultancy builds client stickiness and recurring engagement. Structural demand for financial advice and institutional partnerships can sustain distribution and competitive positioning over months.
Negative Factors
Declining revenue trend
A material top-line decline reduces scale economics and limits the firm's ability to invest in product development or distribution. Continued revenue contraction over months can erode market position and make recovery contingent on durable client wins or new offerings.
Sustained negative profitability
Persistent negative net profit and EBIT margins indicate the business is not covering core costs, eroding equity and retained earnings. Over the medium term this constrains reinvestment, hiring and competitive initiatives, risking further share loss.
Zero operating and free cash flow
Operating cash flow and free cash flow at zero undermine the firm's ability to fund operations and growth internally. Without reliable cash generation, management may need external financing, reducing optionality and increasing execution risk despite absent debt.

Central Wealth Group Holdings Limited (0139) vs. iShares MSCI Hong Kong ETF (EWH)

Central Wealth Group Holdings Limited Business Overview & Revenue Model

Company DescriptionCentral 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 MoneyThe 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
Central Wealth Group Holdings Limited is facing significant financial challenges. The company has experienced a significant decline in revenue, ongoing losses, and negative cash flow generation. Despite having no debt, the declining equity metrics signal potential risks.
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.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue82.47M80.73M101.70M277.84M243.84M684.80M
Gross Profit75.22M66.93M79.81M252.02M210.99M331.98M
EBITDA-87.05M-39.19M-104.96M-70.56M-303.94M131.85M
Net Income-122.97M-83.14M-132.86M-107.42M-371.27M27.76M
Balance Sheet
Total Assets1.24B1.03B1.04B2.05B1.83B2.55B
Cash, Cash Equivalents and Short-Term Investments124.18M52.58M48.40M127.57M384.96M756.01M
Total Debt204.60M170.96M171.79M233.04M400.39M671.34M
Total Liabilities439.39M294.57M263.34M948.16M705.90M1.28B
Stockholders Equity755.01M733.13M776.66M1.10B1.12B1.28B
Cash Flow
Free Cash Flow-98.47M-5.14M117.83M4.06M114.55M-245.70M
Operating Cash Flow-100.81M-23.59M118.40M4.14M118.23M-243.73M
Investing Cash Flow14.94M13.19M-96.50M139.44M50.53M502.87M
Financing Cash Flow73.46M5.63M-58.90M-215.13M-106.90M-189.48M

Central Wealth Group Holdings Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.16
Price Trends
50DMA
0.27
Negative
100DMA
0.32
Negative
200DMA
0.42
Negative
Market Momentum
MACD
-0.02
Negative
RSI
49.50
Neutral
STOCH
76.32
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0139, the sentiment is Neutral. The current price of 0.16 is above the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.27, and below the 200-day MA of 0.42, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 49.50 is Neutral, neither overbought nor oversold. The STOCH value of 76.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0139.

Central Wealth Group Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
58
Neutral
HK$653.86M4.364.26%84.88%122.45%
56
Neutral
HK$701.33M17.601.41%2.39%-18.72%-45.10%
53
Neutral
HK$910.48M9.756.23%126.33%
52
Neutral
HK$602.44M37.680.63%3.07%-72.40%
42
Neutral
HK$237.11M-1.41-16.07%110.52%2.14%
42
Neutral
HK$479.92M105.171.61%3.82%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0139
Central Wealth Group Holdings Limited
0.19
-0.11
-35.45%
HK:0329
OCI International Holdings
0.31
0.07
27.08%
HK:0717
Emperor Capital Group Limited
0.10
0.04
82.69%
HK:1141
CMBC Capital Holdings Limited
0.79
0.29
58.00%
HK:0227
First Shanghai Investments Limited
0.26
0.05
26.21%
HK:1461
ZHONGTAI FUTURES Company Limited Class H
0.69
0.14
25.45%

Central Wealth Group Holdings Limited Corporate Events

Smart Fish Wealthlink Holdings Introduces Nomination Committee Terms
Dec 17, 2025

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
Dec 1, 2025

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
Nov 18, 2025

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
Nov 13, 2025

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
Oct 31, 2025

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.

Smart Fish Wealthlink Holdings Advances AIGC in Short Drama Production
Oct 21, 2025

Smart Fish Wealthlink Holdings Limited has announced significant advancements in its AIGC business, particularly in the production of short dramas. The company has successfully utilized AIGC technology to produce five short dramas, achieving substantial reductions in production costs and time. This technological integration is expected to revolutionize the short drama industry by enhancing efficiency and reducing costs, while the company plans to continue investing in AIGC research and development to maintain its competitive edge and provide innovative content experiences.

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 Completes HK$50 Million Share Placing to Boost Financial Operations
Oct 17, 2025

Smart Fish Wealthlink Holdings Limited has successfully completed a placing, issuing over 204 million shares and raising approximately HK$50 million. The proceeds will be used to settle liabilities and support the working capital needs of its money lending and securities dealing businesses. The company anticipates increased demand in these areas and aims to utilize the funds within the next twelve months to bolster its financial position and support business growth.

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 Announces Leadership Changes
Oct 13, 2025

Smart Fish Wealthlink Holdings Limited has announced significant changes in its leadership and board committee composition. Mr. Chen Changjiong has been appointed as the new executive director and Chairman of the Board, as well as the chairman of both the Executive Committee and Nomination Committee, effective from October 13, 2025. This appointment is accompanied by the resignation of Mr. Muk Shau Meng as an executive director and a member of the Executive Committee. Mr. Chen Xiaodong, the vice chairman, will no longer serve as the chairman of the Nomination Committee. Mr. Chen Changjiong brings extensive experience in the Internet new media industry in China, having founded and invested in several enterprises, including the well-known MCN organization, Sanchuan Media. His leadership in content IP incubation and traffic operation has established a strong presence in the Cantonese new media sector. The strategic appointment is expected to leverage Mr. Chen’s expertise in technological innovation and industry-university-research integration to drive the company’s growth and enhance its market positioning.

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 Announces Board and Committee Structure
Oct 13, 2025

Smart Fish Wealthlink Holdings Limited, formerly known as Central Wealth Group Holdings Limited, has announced the composition of its board of directors and their roles within the company’s committees. The board consists of both executive and independent non-executive directors, with Mr. Chen Changjiong serving as Chairman. The establishment of four committees—Executive, Audit, Remuneration, and Nomination—indicates a structured governance approach, potentially enhancing operational efficiency and strategic oversight.

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 Revises Placing Agreement Date
Oct 13, 2025

Smart Fish Wealthlink Holdings Limited, formerly known as Central Wealth Group Holdings Limited, announced a revision to the long stop date of its Placing Agreement, moving it to 17 October 2025. This adjustment in the timeline could have implications for the company’s financial strategy and stakeholder expectations, as it may affect the timing and execution of planned financial activities.

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 07, 2026