First Shanghai Investments Limited (0227) AI Stock Analysis

• Market Cap: HK$963.90M
• Dividend Yield: N/A
• Average Volume (3M): 17.93M
• Price to Earnings (P/E): 12.4
• Beta (1Y): 3.37
• Revenue Growth: 23.06%
• EPS Growth: N/A
• Country: HK
• Employees: 569
• Sector: Financial
• Sector Strength: 80
• Industry: Financial - Capital Markets
• EPS (TTM): <0.01
• Shares Outstanding: 2,190,680,000
• 10 Day Avg. Volume: 27,328,827
• 30 Day Avg. Volume: 17,928,394
• PEG Ratio: 0.08
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.71
• 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: HK$0.46
• Price Target Upside: 4.28% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: HK$0.50 ▲(13.64%Upside)

First Shanghai Investments Limited shows strong financial performance, particularly in revenue growth and balance sheet stability. The technical indicators suggest a positive trend, although caution is warranted due to overbought signals. Valuation metrics indicate the stock is fairly priced. The lack of cash flow data and overbought technical conditions slightly temper the overall outlook.

First Shanghai Investments Limited Business Overview & Revenue Model

Company Description

First Shanghai Investments Limited (0227) is a Hong Kong-based investment holding company. The company operates through several segments, including Financial Services, Property Development, Hotel Operations, and Direct Investments. Its services range from securities trading and brokerage, margin financing, and corporate finance advisory to property development and management, as well as hotel operations.

How the Company Makes Money

First Shanghai Investments Limited generates revenue through its diversified portfolio of services and investments. Key revenue streams include brokerage commissions and fees from its financial services operations, sales and leasing income from its property development segment, and income from hotel room bookings and related services. The company also benefits from capital gains and dividends from its direct investments. Strategic partnerships and joint ventures in property development and hospitality sectors further contribute to its earnings by expanding its market presence and operational capacity.

First Shanghai Investments Limited Financial Statement Overview

Summary

The company showed positive revenue growth and improved profitability in 2024. The balance sheet indicates increased financial stability with a reduced debt-to-equity ratio and positive ROE. However, significant concerns remain due to weak cash flow metrics, highlighting challenges in cash generation and management.

Income Statement

The company experienced a revenue growth rate of 15.7% in 2024, indicating a positive trend. The gross profit margin remained strong at 100%, but the net profit margin improved significantly from the previous year's negative margin to 21.5%. However, EBIT and EBITDA margins were weak, with EBIT margin at 7.2% and EBITDA margin unavailable due to missing data.

Balance Sheet

The debt-to-equity ratio decreased substantially, reflecting improved financial stability. The return on equity (ROE) turned positive in 2024, reaching 3.13%, which is a significant improvement. The equity ratio remained stable, indicating a balanced capital structure.

Cash Flow

The free cash flow growth rate was not calculable due to missing free cash flow data. The company faced challenges in generating operating cash flow, as evidenced by the operating cash flow to net income ratio being unavailable. This indicates potential issues in cash flow generation and management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	390.39M	312.88M	342.18M	529.85M	457.99M
Gross Profit	219.88M	207.43M	210.34M	303.46M	258.47M
EBITDA	152.83M	-16.88M	-23.95M	48.21M	53.18M
Net Income	77.97M	-10.63M	-58.84M	-149.00M	-90.82M
Balance Sheet
Total Assets	5.05B	5.62B	5.90B	7.11B	6.74B
Cash, Cash Equivalents and Short-Term Investments	283.49M	334.67M	241.86M	325.49M	325.86M
Total Debt	120.44M	213.74M	264.47M	333.84M	575.73M
Total Liabilities	2.49B	3.19B	3.52B	4.55B	4.05B
Stockholders Equity	2.49B	2.37B	2.32B	2.48B	2.61B
Cash Flow
Free Cash Flow	-92.73M	1.43M	-75.88M	-3.70M	9.21M
Operating Cash Flow	-83.35M	6.01M	-66.51M	3.66M	28.62M
Investing Cash Flow	139.84M	114.89M	86.71M	49.27M	224.06M
Financing Cash Flow	-110.80M	-24.94M	-92.35M	-44.91M	-151.68M

First Shanghai Investments Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0227, the sentiment is Positive. The current price of 0.44 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.28, and above the 200-day MA of 0.27, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 73.96 is Negative, neither overbought nor oversold. The STOCH value of 66.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0227.

First Shanghai Investments Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0717	75 Outperform	HK$721.27M	8.92	2.36%	―	-4.56%	―
0227	66 Neutral	HK$963.90M	12.36	3.16%	―	23.06%	―
0218	63 Neutral	€3.67B	―	-5.86%	―	-90.83%	16.46%
Sector *	58 Neutral	HK$91.33B	5.23	-3.21%	5.29%	7.36%	-55.21%
1461	54 Neutral	HK$851.61M	173.47	0.18%	1.80%	-4.20%	-96.68%
1141	54 Neutral	€758.49M	16.34	3.78%	―	113.68%	―
0952	45 Neutral	HK$1.09B	59.38	-3.62%	―	14.16%	-161.03%

First Shanghai Investments Limited Corporate Events

First Shanghai Investments Limited Unanimously Passes AGM Resolutions

First Shanghai Investments Limited held its Annual General Meeting on May 23, 2025, where all proposed resolutions were approved unanimously by shareholders. The resolutions included the election of directors, authorization of director remuneration, appointment of auditors, and granting mandates for share issuance and repurchase, reflecting strong shareholder support and potentially enhancing the company’s governance and operational flexibility.

First Shanghai Investments Limited Announces Upcoming AGM and Share Issuance Proposal

First Shanghai Investments Limited has announced its upcoming annual general meeting scheduled for May 23, 2025, where key agenda items include reviewing financial statements, electing directors, and appointing auditors. Additionally, the company seeks shareholder approval to authorize the board to issue additional shares, with a cap set at 20% of the current total shares, which could impact the company’s capital structure and shareholder value.