International Business Settlement Holdings Limited (0147) AI Stock Analysis

• Market Cap: HK$3.93B
• Dividend Yield: N/A
• Average Volume (3M): 17.22M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.05
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 73
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): >-0.01
• Shares Outstanding: 23,101,402,000
• 10 Day Avg. Volume: 10,576,000
• 30 Day Avg. Volume: 17,223,666
• PEG Ratio: -0.02
• Price to Book (P/B): 4.09
• Price to Sales (P/S): 6.66
• P/FCF Ratio: 6.49K
• 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$0.18 ▲(1.11% Upside)

The score is weighed down primarily by weak financial performance—large losses, high leverage, and sharply declining free cash flow. Technicals are mixed-to-weak with a negative MACD and price below key moving averages, while valuation is difficult to support due to negative earnings and no dividend data.

Positive Factors

Strong revenue growth trend

Sustained 74% revenue growth signals strong market demand for the company’s offerings and expands the revenue base. Over months this growth can enable scale benefits and higher operating leverage if management controls costs, improving prospects for eventual margin recovery.

Fee-based, transaction-driven revenue model

A transaction-fee driven model creates recurring, volume-linked revenue that can scale without proportional fixed-cost increases. Over time this supports predictable cash inflows and margin expansion potential if client volumes and cross-selling across payment, finance and advisory products remain steady.

Positioned in secular cross-border trade market

Being focused on cross-border payments and trade finance aligns the business with globalization and digital trade trends that are structural and persistent. The broad product set (payments, finance, risk) supports client stickiness and multi-product penetration over the medium term.

Negative Factors

Deeply negative profitability margins

Large negative gross and net margins indicate the core business is loss-making even as revenue rises. Persistently unprofitable unit economics undermine long-term sustainability, requiring either material cost restructuring or margin recovery to avoid continued capital erosion.

High leverage and negative return on equity

Debt-to-equity of 1.76 and deeply negative ROE materially increase financial risk. High leverage constrains strategic flexibility, raises interest burdens and magnifies downside in shocks, while negative ROE shows capital is being destroyed rather than invested for growth.

Severe free cash flow deterioration

A ~98% collapse in FCF and near-zero operating cash conversion signal acute cash-generation problems. Over months this limits ability to service debt, invest in product improvements, or fund growth without external financing, raising solvency and execution risk.

International Business Settlement Holdings Limited Business Overview & Revenue Model

Company Description

International Business Settlement Holdings Limited, an investment holding company, engages in the property development business primarily in the People's Republic of China. The company operates through Property Development, Hotel Business, International Business Settlement, Financing Business, Leasing And Trading Of Computer Equipment Business, and Contact Lens Business segments. It develops and sells commercial and residential properties; and undertakes land development activities for car parking spaces. The company also provides settlement and clearing services for commercial and individual customers with the electronic money institution license; and hotel development and management services, as well as manufactures and sells disposable contact lens. In addition, it is involved in the provision of money lending, finance leasing, factoring, and other related services; and encrypted distributed storage space through leasing of servers and trading of computer equipment, as well as consultancy and goods trading activities. The company was formerly known as Chaoyue Group Limited and changed its name to International Business Settlement Holdings Limited in December 2016. The company is headquartered in Causeway Bay, Hong Kong. International Business Settlement Holdings Limited is a subsidiary of Long Grand Limited.

How the Company Makes Money

The company generates revenue through various streams, primarily from transaction fees associated with its payment processing services, trade finance solutions, and advisory services for international trade. The revenue model is heavily reliant on the volume of transactions processed and the fees charged for each service. Additionally, International Business Settlement Holdings Limited may establish partnerships with banks and financial institutions to enhance its service offerings, thus creating new revenue opportunities through joint ventures or referral agreements. The company also benefits from market trends such as globalization and the increasing demand for efficient cross-border trade solutions.

International Business Settlement Holdings Limited Financial Statement Overview

Summary

Despite strong revenue growth (74.24%), profitability is very weak with negative gross margin (-16.77%) and net margin (-122.85%). The balance sheet is highly leveraged (debt-to-equity 1.76) with negative ROE (-75.50%), and cash generation is deteriorating (free cash flow growth -97.74%) with very low operating cash flow relative to net income (0.0001).

Income Statement

The company has experienced significant revenue growth of 74.24% in the latest year, which is a positive indicator. However, the profitability metrics are concerning, with a negative gross profit margin of -16.77% and a net profit margin of -122.85%, indicating substantial losses. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 1.76, indicating significant leverage and potential financial risk. The return on equity is negative at -75.50%, suggesting that the company is not generating sufficient returns on shareholders' equity. The equity ratio is not directly provided, but the high leverage and negative ROE highlight financial instability.

Cash Flow

The cash flow statement reveals a drastic decline in free cash flow growth of -97.74%, indicating cash flow challenges. The operating cash flow to net income ratio is very low at 0.0001, suggesting poor cash generation relative to net income. The free cash flow to net income ratio is 1.0, which is neutral but does not offset the overall weak cash flow performance.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	186.19M	186.19M	173.69M	865.70M	304.42M	85.52M
Gross Profit	-31.23M	-31.23M	36.52M	250.53M	17.75M	21.20M
EBITDA	-176.62M	-206.51M	116.18M	144.65M	-114.08M	-126.93M
Net Income	-228.75M	-228.75M	-59.67M	-72.72M	-119.14M	-132.28M
Balance Sheet
Total Assets	1.55B	1.55B	1.97B	2.38B	3.16B	3.36B
Cash, Cash Equivalents and Short-Term Investments	315.41M	315.41M	334.52M	269.69M	522.87M	633.06M
Total Debt	534.39M	534.39M	591.48M	830.50M	846.43M	801.99M
Total Liabilities	1.38B	1.38B	1.39B	1.76B	2.44B	2.52B
Stockholders Equity	302.98M	302.98M	530.85M	589.65M	673.46M	774.33M
Cash Flow
Free Cash Flow	7.11M	191.00K	-104.08M	-284.13M	-158.17M	-119.18M
Operating Cash Flow	7.11M	191.00K	-24.58M	18.10M	-55.61M	3.34M
Investing Cash Flow	-22.12M	-8.74M	-97.41M	-302.14M	-95.16M	-121.30M
Financing Cash Flow	-9.56M	-9.91M	175.36M	31.88M	22.62M	33.12M

International Business Settlement Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.18
• 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:0147, the sentiment is Negative. The current price of 0.18 is above the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.19, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.70 is Neutral, neither overbought nor oversold. The STOCH value of 21.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0147.

International Business Settlement Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0131	58 Neutral	HK$770.16M	-0.77	-16.32%	3.70%	-11.00%	-676.27%
0563	52 Neutral	HK$1.51B	-2.54	-4.51%	―	23.54%	-204.92%
0160	51 Neutral	HK$691.61M	-0.80	-7.88%	3.09%	46.99%	-598.31%
8030	50 Neutral	HK$2.49B	38.38	38.47%	―	-26.27%	-54.61%
0147	42 Neutral	HK$3.93B	-13.28	-42.03%	―	―	―

International Business Settlement Holdings Limited Corporate Events

International Business Settlement Holdings Expands IC Chip Market Presence

International Business Settlement Holdings Limited announced a significant development with a new computer chip sales agreement with HK Australis Tech Limited, a subsidiary of Shenzhen Nanji Optoelectronics Technology Co., Ltd. The agreement involves the supply of 1,610,000 IC chips valued at approximately US$19.95 million, marking a strategic expansion of the company’s product portfolio in the IC chip market, which is expected to bolster its business operations and potentially increase shareholder value.

The most recent analyst rating on (HK:0147) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on International Business Settlement Holdings Limited stock, see the HK:0147 Stock Forecast page.

International Business Settlement Holdings Reports Significant Interim Loss

International Business Settlement Holdings Limited reported its interim results for the six months ending September 30, 2025, revealing a significant decline in revenue from HK$106,862,000 in 2024 to HK$38,396,000 in 2025. The company faced a substantial loss before taxation of HK$113,364,000, compared to a loss of HK$54,427,000 in the previous year, largely due to increased administrative expenses and impairment losses. This financial downturn indicates challenges in the company’s operational efficiency and market positioning, potentially impacting stakeholders’ confidence.

The most recent analyst rating on (HK:0147) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on International Business Settlement Holdings Limited stock, see the HK:0147 Stock Forecast page.

International Business Settlement Holdings Issues Profit Warning Amid Filecoin Price Decline

International Business Settlement Holdings Limited has issued a profit warning, indicating a significant decline in its financial performance for the six months ended 30 September 2025. The company expects a 64% decrease in turnover and a 72% increase in net loss compared to the same period in 2024, primarily due to the lack of revenue from its computer equipment leasing business, which has been adversely affected by the prolonged decline in Filecoin prices. This situation has resulted in idle equipment and no revenue contribution for the period, highlighting the company’s vulnerability to cryptocurrency market fluctuations.

The most recent analyst rating on (HK:0147) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on International Business Settlement Holdings Limited stock, see the HK:0147 Stock Forecast page.

International Business Settlement Holdings to Announce Interim Results

International Business Settlement Holdings Limited has announced that its board of directors will meet on November 28, 2025, to approve the interim results for the six months ending September 30, 2025, and to consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:0147) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on International Business Settlement Holdings Limited stock, see the HK:0147 Stock Forecast page.

International Business Settlement Holdings Expands in Digital Currency Market with Strategic Cloud Mining and Bitcoin Transactions

International Business Settlement Holdings Limited has announced a strategic cooperation with Sharpening Technology to procure cloud mining services valued at up to US$100 million. This agreement includes an initial contract for 1 EH/s cloud mining services worth US$15 million in Bitcoins. Additionally, the company disclosed significant Bitcoin transactions, acquiring approximately 247.8694 units and disposing of 146.7 units as part of its operational strategy. These transactions are considered discloseable under the Listing Rules, reflecting the company’s active engagement in the digital currency market.

The most recent analyst rating on (HK:0147) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on International Business Settlement Holdings Limited stock, see the HK:0147 Stock Forecast page.

International Business Settlement Holdings Limited Plans Strategic Bitcoin Acquisitions

International Business Settlement Holdings Limited has announced a strategic plan to acquire additional Bitcoins, with a potential investment of up to HK$200 million, as part of its treasury management strategy. This move aims to diversify the company’s holdings and leverage the liquidity and potential capital appreciation of Bitcoin, enhancing shareholder value and supporting its cryptocurrency-related business operations.

The most recent analyst rating on (HK:0147) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on International Business Settlement Holdings Limited stock, see the HK:0147 Stock Forecast page.