CASH Financial Services Group (0510) AI Stock Analysis

• Market Cap: $163.85M
• Dividend Yield: N/A
• Average Volume (3M): 999.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.48
• Revenue Growth: 11.86%
• EPS Growth: 69.85%
• Country: HK
• Employees: 100
• Sector: Financial
• Sector Strength: 75
• Industry: Financial - Capital Markets
• EPS (TTM): -0.08
• Shares Outstanding: 431,174,770
• 10 Day Avg. Volume: 2,352,444
• 30 Day Avg. Volume: 999,436
• PEG Ratio: -0.07
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.22
• 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

• Rating: 40 Underperform
• Price Target: ―

The overall stock score reflects significant financial challenges faced by CASH Financial Services Group, including declining revenue, persistent losses, and negative cash flow. The technical analysis indicates a bearish trend, with the stock trading below key moving averages and weak momentum indicators. The negative P/E ratio and lack of dividend yield further highlight valuation concerns. These factors suggest a need for cautious consideration by investors.

CASH Financial Services Group Business Overview & Revenue Model

Company Description

CASH Financial Services Group (0510) is a Hong Kong-based financial services company that operates primarily in the securities brokerage, asset management, and financial advisory sectors. The company provides a range of financial products and services, including securities trading, wealth management, corporate finance, and investment advisory services, catering to both individual and institutional clients.

How the Company Makes Money

CASH Financial Services Group makes money primarily through commissions and fees generated from its securities brokerage services, including trading in equities, futures, and options. The company also earns revenue from asset management fees, which are charged based on the assets under management (AUM) for its wealth management and investment products. Additionally, the firm generates income through advisory fees from its corporate finance and financial advisory services, which include mergers and acquisitions, capital raising, and restructuring activities. Key partnerships with financial institutions and technology providers enhance its service offerings and contribute to its earnings by expanding its client base and market reach.

CASH Financial Services Group Financial Statement Overview

Summary

CASH Financial Services Group is experiencing financial difficulties with deteriorating revenue and persistent losses. The balance sheet shows a stable equity base, but declining equity over the years signals potential financial instability. Cash flow issues further emphasize these challenges, making it critical for the company to address its operational inefficiencies and financial risks to improve its overall financial health.

Income Statement

The company's revenue has been declining, with a significant drop from 2020 to 2021 and a continued decrease in 2022 and 2023. The Gross Profit Margin is 100% for 2023, indicating that all revenue is gross profit, but this is due to negative costs or accounting practices rather than operational efficiency. Net Profit Margins are negative across the years, reflecting consistent net losses, and there is a negative Revenue Growth Rate. The EBIT and EBITDA margins are also negative, showing operational challenges.

Balance Sheet

The company has a moderate Debt-to-Equity Ratio, indicating manageable leverage levels relative to equity, but total liabilities outweigh assets. ROE is negative, consistent with the net losses, reflecting unprofitability in generating returns on equity. The Equity Ratio is relatively stable, suggesting a solid equity base compared to total assets. However, declining equity indicates financial stress.

Cash Flow

The company consistently reports negative Free Cash Flow, indicating cash outflows exceeding inflows. Operating Cash Flow to Net Income Ratio is not calculable due to zero or negative values. The Free Cash Flow to Net Income Ratio is also negative, pointing to inefficiencies in cash generation relative to net losses. Free Cash Flow Growth has been negative, reflecting ongoing financial challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	40.78M	56.32M	62.54M	84.31M	109.17M
Gross Profit	40.78M	3.54M	28.34M	50.89M	78.20M
EBITDA	0.00	-61.44M	-33.85M	-39.26M	-26.32M
Net Income	-35.10M	-95.25M	-69.80M	-53.47M	-39.18M
Balance Sheet
Total Assets	713.92M	869.10M	1.05B	1.30B	1.47B
Cash, Cash Equivalents and Short-Term Investments	88.49M	154.44M	243.57M	203.58M	234.09M
Total Debt	25.10M	133.45M	171.79M	152.35M	130.92M
Total Liabilities	496.86M	613.23M	714.27M	883.21M	1.01B
Stockholders Equity	206.78M	251.20M	330.32M	403.83M	445.34M
Cash Flow
Free Cash Flow	0.00	-2.94M	-57.47M	-17.80M	-36.43M
Operating Cash Flow	-16.49M	-2.82M	-55.96M	-13.36M	-34.66M
Investing Cash Flow	0.00	-1.72M	-510.00K	-5.13M	-8.71M
Financing Cash Flow	0.00	-87.06M	2.75M	19.14M	-50.70M

CASH Financial Services Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0510, the sentiment is Positive. The current price of 0.36 is above the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.25, and above the 200-day MA of 0.29, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 56.50 is Neutral, neither overbought nor oversold. The STOCH value of 28.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0510.

CASH Financial Services Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6030	74 Outperform	$438.35B	16.78	8.44%	2.37%	17.45%	8.24%
6099	71 Outperform	€160.56B	12.82	8.73%	2.66%	-2.52%	17.25%
6886	64 Neutral	$171.78B	9.31	9.25%	5.00%	-25.29%	17.94%
3958	63 Neutral	€90.26B	16.30	4.09%	3.38%	-0.14%	20.59%
Sector *	58 Neutral	HK$91.09B	5.21	-3.21%	5.20%	7.36%	-55.21%
1788	50 Neutral	€57.77B	167.03	2.31%	0.63%	37.06%	72.51%
0510	40 Underperform	$163.85M	―	-15.30%	―	11.86%	69.85%

CASH Financial Services Group Corporate Events

CASH Financial Services Group Announces 2025 Annual General Meeting

CASH Financial Services Group Limited has announced its Annual General Meeting scheduled for June 3, 2025, in Hong Kong. The meeting will address key agenda items including the review of financial statements for the year ending December 31, 2024, re-election of retiring directors, and reappointment of Deloitte Touche Tohmatsu as the company’s auditor. Additionally, resolutions will be considered to authorize directors to allot and issue additional shares, subject to specified conditions. This meeting is pivotal for stakeholders as it will determine the company’s leadership and strategic financial decisions for the upcoming year.

CASH Financial Services Group Enhances Financial Oversight with New Audit Committee

CASH Financial Services Group Limited has announced the establishment of an audit committee by its board of directors. This committee, composed of at least three non-executive directors, aims to enhance the company’s financial oversight and governance. The committee is tasked with various duties, including managing relationships with external auditors, reviewing the company’s financial information, and ensuring compliance with accounting standards and legal requirements. This move is expected to strengthen the company’s financial integrity and transparency, potentially impacting its industry positioning positively.

CASH Financial Services Group Forms Remuneration Committee to Enhance Governance

CASH Financial Services Group Limited has established a Remuneration Committee as part of its corporate governance framework. The Committee, composed mainly of independent non-executive directors, is tasked with recommending and reviewing remuneration policies for directors and senior management, ensuring transparency and fairness in compensation practices. This move is aimed at aligning executive remuneration with the company’s goals and ensuring compliance with corporate governance standards.

CASH Financial Services Group Proposes Bye-laws Amendments

CASH Financial Services Group Limited has announced a proposal to amend its existing bye-laws to allow for the holding of treasury shares, align with the paperless listing regime, and incorporate other amendments. These changes are subject to shareholder approval at the upcoming annual general meeting in June 2025, and aim to enhance the company’s operational flexibility and compliance with updated listing regulations.

CASH Financial Services Reports Reduced Losses for 2024

CASH Financial Services Group Limited announced its audited consolidated results for the year ending December 31, 2024, revealing a significant reduction in losses compared to the previous year. Despite a decrease in total revenue from HK$58,365,000 in 2023 to HK$50,768,000 in 2024, the company managed to reduce its loss before taxation from HK$92,137,000 to HK$31,543,000, indicating improved financial management and cost control. However, the company still reported a total comprehensive expense of HK$34,392,000 for the year, highlighting ongoing challenges in achieving profitability.

CASH Financial Services Group Schedules Board Meeting for Financial Results

CASH Financial Services Group Limited has announced that its board of directors will meet on March 28, 2025, to consider and approve the company’s final results for the year ending December 31, 2024. The meeting will also discuss the potential recommendation for a final dividend payment. This announcement indicates an important step in the company’s financial reporting process, which could impact its market positioning and stakeholder interests.