Bison Finance Group Limited (0888) AI Stock Analysis

• Market Cap: HK$118.50M
• Dividend Yield: N/A
• Average Volume (3M): 2.15M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.95
• Revenue Growth: -7.34%
• EPS Growth: -302.50%
• Country: HK
• Employees: 37
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Conglomerates
• EPS (TTM): -0.02
• Shares Outstanding: 1,421,838,400
• 10 Day Avg. Volume: 801,833
• 30 Day Avg. Volume: 2,151,619
• PEG Ratio: -0.06
• Price to Book (P/B): 1.67
• Price to Sales (P/S): 0.77
• P/FCF Ratio: -1.81
• 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: 40 Underperform
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily driven by the company's poor financial performance and valuation. The significant financial challenges, including negative profitability and cash flow issues, are the most impactful factors. Technical analysis indicates a bearish trend, further contributing to the low score. The absence of earnings call data and corporate events means these factors do not influence the score.

Bison Finance Group Limited Business Overview & Revenue Model

Company Description

Bison Finance Group Limited, an investment holding company, engages in design and production of advertisements for transit vehicle exteriors and interiors, mobile apps, shelters, billboards, and outdoor signages in Hong Kong. The company also engages in media sales; and bus-body, bus-interior, bus-shelter, and billboards advertising services. In addition, it provides investment advisory services; securities brokerage and securities margin financing services; asset management services; securities underwriting and placing services; fund management and loan financing services; and insurance brokerage services. Further, the company is involved in the provision of employment agency services; events production business; integrated marketing services for advertising platforms; and management services. The company was formerly known as RoadShow Holdings Limited and changed its name to Bison Finance Group Limited in March 2018. The company was incorporated in 2000 and is based in North Point, Hong Kong. Bison Finance Group Limited is a subsidiary of Bliss Chance Global Limited.

How the Company Makes Money

Bison Finance Group Limited generates revenue through multiple streams, primarily from fees and commissions associated with its asset management and brokerage services. The company earns management fees from managing investment funds and portfolios for its clients, as well as performance fees linked to the profitability of these investments. Additionally, it generates commission income from executing trades on behalf of clients in the securities market. Strategic partnerships with financial institutions and access to proprietary trading platforms also contribute to its earnings, enabling the company to offer competitive pricing and enhanced service offerings.

Bison Finance Group Limited Financial Statement Overview

Summary

Bison Finance Group Limited is facing significant financial challenges. Despite a recent uptick in revenue, the company remains unprofitable with ongoing negative margins. High leverage and declining equity position heighten financial risk, while negative operating and free cash flows indicate liquidity pressures. The company needs to address its profitability and cash flow generation to improve its financial health.

Income Statement

The company has experienced significant revenue volatility, dropping from 2019 levels. Gross profit margins have been negative in recent years, indicating that the company is not covering its cost of goods sold. Net income has also been consistently negative, showing persistent losses. The revenue growth from 2023 to 2024 is notably positive but starts from a low base, reflecting some recovery but with weak underlying profitability.

Balance Sheet

The company has a high debt-to-equity ratio, indicating significant leverage, which poses potential financial risk. However, there is a decrease in total debt levels over time. Stockholders’ equity has been declining, which is concerning. The equity ratio has decreased significantly compared to earlier years, reflecting reduced financial stability.

Cash Flow

Operating cash flow has been negative in recent years, indicating challenges in generating sufficient cash from operations. Free cash flow has also been negative, underlining potential liquidity issues. There has been some improvement in free cash flow from 2023 to 2024, but the consistency of negative cash flow remains a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	42.30M	68.16M	30.34M	40.96M	75.57M	78.98M
Gross Profit	-8.16M	9.30M	-15.82M	-19.21M	-15.48M	-6.29M
EBITDA	-42.70M	-18.10M	-10.16M	-101.86M	-159.38M	-194.44M
Net Income	-45.79M	-27.17M	-20.64M	-123.09M	-258.76M	-343.97M
Balance Sheet
Total Assets	119.34M	153.56M	186.64M	207.78M	341.95M	621.02M
Cash, Cash Equivalents and Short-Term Investments	91.21M	120.47M	136.29M	154.50M	221.63M	158.27M
Total Debt	90.80M	92.10M	103.20M	110.42M	97.77M	165.73M
Total Liabilities	116.06M	122.08M	128.00M	128.51M	139.59M	233.79M
Stockholders Equity	3.27M	31.47M	58.64M	79.28M	202.37M	387.23M
Cash Flow
Free Cash Flow	-36.18M	-29.09M	-2.96M	-23.45M	-85.07M	27.38M
Operating Cash Flow	-36.17M	-29.08M	-2.46M	-18.14M	-56.82M	29.66M
Investing Cash Flow	19.95M	28.54M	6.19M	5.31M	28.25M	24.11M
Financing Cash Flow	-11.23M	-11.85M	-10.43M	-10.48M	-6.59M	-81.70M

Bison Finance Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0888, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.10, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.89 is Neutral, neither overbought nor oversold. The STOCH value of 21.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0888.

Bison Finance Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
1945	61 Neutral	HK$429.58M	92.26	0.78%	―	-21.71%	-75.78%
8029	47 Neutral	HK$327.70M	-7.07	―	―	2.72%	-195.01%
3623	45 Neutral	HK$794.64M	―	-9.25%	―	-66.98%	-115.16%
0397	44 Neutral	HK$109.53M	-0.72	-14.21%	―	-2.07%	-114.10%
0279	41 Neutral	HK$865.32M	-12.98	―	―	156.41%	21.56%
0888	40 Underperform	HK$118.50M	-2.67	-174.97%	―	-7.34%	-302.50%

Bison Finance Group Limited Corporate Events

Bison Finance Group Proposes Bye-law Amendments and Name Change to BlockFin Holdings

Bison Finance Group Limited has announced a series of proposed changes, including amendments to its existing bye-laws and a change of company name to BlockFin Holdings Limited. These changes aim to align with the latest regulatory requirements, particularly concerning treasury shares and electronic dissemination of corporate communications, and reflect a strategic shift in the company’s operations. The company plans to hold a special general meeting to seek shareholder approval for these amendments, which are expected to enhance operational efficiency and compliance.

Bison Finance Group Announces Executive Director Resignation

Bison Finance Group Limited has announced the resignation of Mr. Xu Peixin from his role as an executive director, effective September 22, 2025. Mr. Xu’s departure is due to his desire to focus on other business commitments, and he leaves without any disagreements with the board. The company expressed gratitude for his contributions, indicating a smooth transition without any immediate impact on stakeholders or operations.

Bison Finance Group Announces Board Composition and Roles

Bison Finance Group Limited has announced the composition of its board of directors and their respective roles within the company’s committees. This update includes the appointment of executive, non-executive, and independent non-executive directors, highlighting the leadership structure and governance framework that may influence the company’s strategic direction and decision-making processes.

Bison Finance Group Updates on Executive Compensation

Bison Finance Group Limited has issued a supplemental announcement regarding the emoluments of Mr. CHAN Kwan Lawrence, who served as the company’s chief financial officer and acting chief executive officer during the years 2015 to 2017. This update follows a significant change in the company’s board and management after the acquisition of a majority stake by Bliss Chance Global Limited in December 2017. The announcement provides detailed figures of Mr. CHAN’s compensation for the specified years, reflecting the company’s commitment to transparency in its financial disclosures.

Bison Finance Group Reports Increased Losses in 2025 Interim Results

Bison Finance Group Limited reported its interim financial results for the six months ending June 30, 2025, showing a significant decline in revenue from HK$23,322,000 in 2024 to HK$14,350,000 in 2025. The company also experienced an increase in losses, with a total comprehensive loss of HK$28,198,000 compared to HK$9,573,000 in the previous year, primarily due to higher staff expenditures and research and development costs.

Bison Finance Group Issues Profit Warning for H1 2025

Bison Finance Group Limited has issued a profit warning, indicating an expected loss of up to HK$30 million for the first half of 2025, significantly higher than the HK$9.6 million loss recorded in the same period in 2024. The increased loss is attributed to a net unrealized loss on a private equity fund investment, higher staff expenditure, and increased research and development costs. The financial results are based on preliminary unaudited accounts and are subject to final adjustments.

Bison Finance Group Schedules Board Meeting for Interim Results

Bison Finance Group Limited has announced that its board of directors will meet on August 27, 2025, to approve and publish the interim results for the first half of the year ending June 30, 2025. The meeting will also consider the payment of an interim dividend, reflecting the company’s ongoing financial management and potential shareholder returns.