First Shanghai Investments Limited (0227) AI Stock Analysis

• Market Cap: HK$843.41M
• Dividend Yield: N/A
• Average Volume (3M): 20.88M
• Price to Earnings (P/E): 10.8
• Beta (1Y): 3.47
• Revenue Growth: 23.06%
• EPS Growth: N/A
• Country: HK
• Employees: 569
• Sector: Financial
• Sector Strength: 68
• Industry: Financial - Capital Markets
• EPS (TTM): <0.01
• Shares Outstanding: 2,190,680,000
• 10 Day Avg. Volume: 6,258,560
• 30 Day Avg. Volume: 20,883,240
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 20.74% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: HK$0.50 ▲(31.58%Upside)

The overall stock score is primarily driven by the company's solid revenue growth and improved financial stability. However, the lack of cash flow generation and mixed technical indicators are concerns. The valuation suggests the stock is reasonably priced, but the absence of earnings call highlights or corporate events limits further insight into future prospects.

First Shanghai Investments Limited Business Overview & Revenue Model

Company Description

First Shanghai Investments Limited (0227) is a diversified investment firm listed on the Hong Kong Stock Exchange. The company operates primarily in sectors such as financial services, property development, and direct investments. Its core services include securities brokerage, corporate finance, asset management, and real estate development. Through its subsidiaries and strategic partnerships, First Shanghai Investments offers a comprehensive suite of financial solutions and investment opportunities in the Greater China region.

How the Company Makes Money

First Shanghai Investments Limited generates revenue through multiple channels. In financial services, the company earns income from brokerage fees, advisory fees in corporate finance, and management fees from asset management services. The property development segment contributes through the sale and leasing of residential, commercial, and industrial properties. Additionally, the company engages in direct investments, where it seeks capital appreciation and income through strategic investments in various industries. Strategic partnerships and joint ventures also play a significant role in enhancing its revenue streams by leveraging shared expertise and resources.

First Shanghai Investments Limited Financial Statement Overview

Summary

The company experienced a solid revenue growth rate of 15.7% in 2024, with a strong gross profit margin and improved net profit margin. The balance sheet shows increased financial stability with a significantly reduced debt-to-equity ratio and positive ROE. However, cash flow issues are evident, with 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: Neutral
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0227, the sentiment is Neutral. The current price of 0.38 is below the 20-day moving average (MA) of 0.42, above the 50-day MA of 0.33, and above the 200-day MA of 0.28, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 48.37 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	70 Neutral	HK$606.68M	7.50	2.36%	―	-4.56%	―
0227	64 Neutral	HK$843.41M	10.81	3.16%	―	23.06%	―
0218	59 Neutral	€2.92B	―	-5.86%	―	-90.83%	16.46%
Sector *	58 Neutral	HK$96.23B	5.61	-3.67%	5.07%	6.62%	-43.35%
1461	54 Neutral	HK$811.54M	165.31	0.18%	1.87%	-4.20%	-96.68%
1141	54 Neutral	€769.48M	15.45	3.78%	―	113.68%	―
0952	45 Neutral	HK$1.01B	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.