OSL Group Limited (HK:0863)
:0863
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OSL Group Limited
(0863)
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Rating:61Neutral
Price Target:
HK$16.00
▲(19.94% Upside)
Action:ReiteratedDate:12/05/25
The overall stock score of 61 reflects strong technical momentum and promising financial performance, tempered by significant valuation concerns. The company's robust revenue growth and return to profitability are positive, but high P/E ratio and cash flow challenges present risks. Investors should be cautious of potential overvaluation despite the current upward price trend.
Positive Factors
Strong Revenue Growth
Sustained high top-line growth (78.58% YoY) indicates robust demand and adoption of its digital-asset and fintech services. Over a 2-6 month horizon this supports scale economics, funds product development and customer expansion, and validates the underlying business model for continued market penetration.
Negative Factors
Negative Operating Cash Flow
Persistent negative operating cash flow (-319.76m) despite accounting profits highlights difficulty converting earnings into cash. Over several months this cash burn pressures liquidity, can limit capital deployment, and increases reliance on non-operating funding to sustain growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Sustained high top-line growth (78.58% YoY) indicates robust demand and adoption of its digital-asset and fintech services. Over a 2-6 month horizon this supports scale economics, funds product development and customer expansion, and validates the underlying business model for continued market penetration.
Read all positive factors
OSL Group Limited (0863) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$12.00B
Dividend YieldN/A
Average Volume (3M)4.24M
Price to Earnings (P/E)―
Beta (1Y)0.33
Revenue Growth115.40%
EPS GrowthN/A
CountryHK
Employees568
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)-0.50
Shares Outstanding899,293,330
10 Day Avg. Volume4,058,882
30 Day Avg. Volume4,236,531
Financial Highlights & Ratios
PEG Ratio-0.92
Price to Book (P/B)3.82
Price to Sales (P/S)13.17
P/FCF Ratio-15.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$20.00Price Target Upside49.93% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-0.27
Revenue Forecast (FY)HK$901.82M
OSL Group Limited Business Overview & Revenue Model
Company Description
OSL Group Ltd. operates in the digital asset industry. It provides solutions for institutions, professional, and retail investors. OSL Group offers a comprehensive suite of services, including brokerage, custody, exchange, and SaaS. The firm also ...
How the Company Makes Money
BC Technology Group Limited generates revenue through multiple streams, including transaction fees from its cryptocurrency exchange platform, which charges users for trading digital assets. Additionally, the company earns income from providing blo...
OSL Group Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
65
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 537.56M | 374.75M | 209.84M | 71.48M | 324.34M | 243.74M |
| Gross Profit | 144.16M | 181.86M | 192.24M | 70.17M | 299.77M | 196.48M |
| EBITDA | 58.69M | 82.83M | -185.82M | -486.24M | -262.47M | -182.67M |
| Net Income | 6.67M | 47.65M | -263.86M | -541.04M | -375.68M | -278.75M |
Balance Sheet | ||||||
| Total Assets | 2.12B | 1.86B | 1.44B | 2.51B | 5.28B | 4.04B |
| Cash, Cash Equivalents and Short-Term Investments | 459.21M | 812.41M | 218.66M | 1.01B | 954.52M | 414.01M |
| Total Debt | 157.89M | 58.82M | 17.35M | 139.75M | 275.18M | 757.18M |
| Total Liabilities | 977.61M | 579.37M | 1.05B | 1.85B | 4.09B | 3.88B |
| Stockholders Equity | 1.15B | 1.29B | 411.74M | 672.10M | 1.19B | 169.27M |
Cash Flow | ||||||
| Free Cash Flow | -363.91M | -322.81M | -686.40M | 169.23M | -461.98M | -51.46M |
| Operating Cash Flow | -348.03M | -319.76M | -686.40M | 171.07M | -415.34M | -42.13M |
| Investing Cash Flow | -26.68M | 3.19M | 6.30M | 14.96M | -104.32M | -8.60M |
| Financing Cash Flow | -15.30M | 695.90M | -80.94M | -124.50M | 1.06B | 251.18M |
OSL Group Limited Technical Analysis
Negative
13.34
Price Trends
15.07
Negative
16.11
Negative
16.03
Negative
Market Momentum
-0.37
Negative
39.66
Neutral
39.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0863, the sentiment is Negative. The current price of 13.34 is below the 20-day moving average (MA) of 13.77, below the 50-day MA of 15.07, and below the 200-day MA of 16.03, indicating a bearish trend. The MACD of -0.37 indicates Negative momentum. The RSI at 39.66 is Neutral, neither overbought nor oversold. The STOCH value of 39.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0863.
OSL Group Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | HK$4.30B | 12.92 | 3.60% | ― | -28.46% | -13.25% | |
61 Neutral | HK$12.00B | -58.99 | 4.01% | ― | 115.40% | ― | |
59 Neutral | HK$9.02B | 49.57 | 8.20% | ― | 22.86% | 5105.88% | |
52 Neutral | HK$5.46B | 55.03 | 6.30% | 3.47% | -17.90% | 56.67% | |
43 Neutral | HK$3.98B | 180.54 | -1.31% | 3.10% | -17.48% | 83.80% | |
42 Neutral | HK$5.98B | -27.95 | -66.11% | ― | -34.07% | -29.27% |
* Financial Sector Average
HK:0863
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OSL Group Limited Corporate Events
OSL Raises HK$1.55 Billion to Accelerate Digital Asset Expansion
Feb 4, 2026
OSL Group has completed a placing and top-up subscription of 104.7 million shares at HK$14.90 each, raising roughly HK$1.55 billion to fund strategic acquisitions, expand payment and stablecoin initiatives, build product and technology infrastruct...
OSL Group Grants Over 5.4 Million Shares Under 2025 Award Scheme
Jan 29, 2026
OSL Group Limited has implemented its 2025 Share Award Scheme with a grant of 5,428,770 awarded shares to 154 eligible participants, including directors, subsidiary directors, service provider consultants, and employees, in a move aimed at incenti...
OSL Group to Raise HK$1.56 Billion via Share Placing and Top-Up Subscription
Jan 29, 2026
OSL Group Limited has entered into a placing and top-up subscription arrangement under its general mandate, whereby an existing shareholder (the Vendor) will sell a tranche of existing shares to at least six placees at HK$14.90 per share, and then...
OSL Group Grants Over 5.4 Million Shares Under 2025 Award Scheme
Jan 28, 2026
OSL Group Limited has granted a total of 5,428,770 awarded shares under its 2025 Share Award Scheme to 154 eligible participants, including directors, subsidiary directors, 30 external service provider consultants and 117 employees. The allocation...
OSL Warns of 2025 Loss as Expansion and Crypto Valuation Hits Mask Strong Core Growth
Jan 22, 2026
OSL Group has issued a profit warning, guiding for a net loss from continuing operations of HK$370 million to HK$430 million for 2025, reversing from a profit of about HK$55 million a year earlier, as it ramps up strategic global expansion and abs...
OSL Group Wins Shareholder Backing for New Share Issuance Mandate
Jan 21, 2026
OSL Group Limited has obtained shareholder approval at its extraordinary general meeting on 21 January 2026 to revoke its previous general mandate to issue new shares and to grant a fresh general mandate authorising the board to allot, issue and d...
OSL Group Revamps Board and Committees With New Independent Director
Jan 15, 2026
OSL Group Limited has strengthened its board with the appointment of Ms. Ko Kit Man Liza as an independent non-executive director effective 15 January 2026, reflecting its focus on bringing in seasoned capital markets and compliance expertise. Ko,...
OSL Group Reshapes Board and Committee Roles Effective January 2026
Jan 15, 2026
OSL Group Limited has announced an updated composition of its board of directors effective 15 January 2026, naming Lawrence Lee Kam Hung as non-executive chairman and confirming Cui Song as chief executive officer alongside three other executive d...
OSL Group Completes Major Acquisition of Banxa, Making It a Wholly Owned Subsidiary
Jan 2, 2026
OSL Group Limited has completed its previously announced major transaction to acquire Banxa, following satisfaction or waiver of all conditions under the arrangement agreement. The deal, finalized on 2 January 2026, results in Banxa becoming an in...
OSL Group Seeks Fresh 20% Share Issue Mandate at January EGM
Dec 31, 2025
OSL Group Limited has called an extraordinary general meeting for 21 January 2026 in Hong Kong to seek shareholder approval for a new general mandate allowing its directors to issue up to 20% of the company’s existing share capital. The prop...
OSL Group Extends Banxa Acquisition Deadline Amid Pending Approvals
Dec 18, 2025
OSL Group Limited has announced a one-month extension of the outside date for its proposed acquisition of Banxa to accommodate additional time needed for fulfilling or waiving regulatory and other conditions outlined in the arrangement agreement. ...
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.