Bison Finance Group Limited (0888) AI Stock Analysis

• Market Cap: HK$117.13M
• Dividend Yield: N/A
• Average Volume (3M): 2.15M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.99
• 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: 45 Neutral
• Price Target: HK$0.09 ▲(8.75% Upside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by persistent losses and liquidity challenges. Technical analysis shows some short-term positive momentum, but valuation metrics highlight ongoing profitability issues. The absence of earnings call insights and corporate events leaves the financial and technical factors as the primary influences on the score.

Positive Factors

Revenue Streams

Diverse revenue streams from asset management and brokerage services provide a stable income base, supporting long-term business sustainability.

Strategic Partnerships

Partnerships enhance service offerings and competitive pricing, strengthening market position and supporting long-term growth.

Revenue Growth

Recent revenue growth indicates potential recovery and market demand, which could improve financial health if sustained.

Negative Factors

Profitability Issues

Persistent unprofitability and negative margins suggest structural challenges in cost management and revenue generation.

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting long-term financial stability.

Negative Cash Flow

Negative cash flows highlight liquidity challenges, which could hinder operational capabilities and growth investments.

Bison Finance Group Limited Business Overview & Revenue Model

Company Description

BlockFin Holdings Limited, through its subsidiaries, provides asset management, investment and fund advisory services, other consultancy services, and securities brokerage; and securities margin financing, underwriting, placing, and dealing services. In addition, the company offers advisory services on corporate finance. The company was formerly known as Bison Finance Group Limited and changed its name to BlockFin Holdings Limited in November 2025. BlockFin Holdings Limited was incorporated in 2000 and is based in North Point, Hong Kong.

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: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 0.08, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.16 is Neutral, neither overbought nor oversold. The STOCH value of -3.70 is Positive, 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$462.63M	98.06	0.78%	―	-21.71%	-75.78%
8029	52 Neutral	HK$341.70M	-8.29	―	―	-20.98%	-7.44%
0397	46 Neutral	HK$109.53M	-0.70	-14.21%	―	-2.07%	-114.10%
0888	45 Neutral	HK$117.13M	-2.58	-174.97%	―	-7.34%	-302.50%
3623	44 Neutral	HK$643.28M	-16.78	-9.25%	―	-66.98%	-115.16%
0279	41 Neutral	HK$776.24M	-15.05	-499.08%	―	191.15%	-1.98%

Bison Finance Group Limited Corporate Events

BlockFin Tightens Audit Committee Mandate to Bolster Governance and Oversight

BlockFin Holdings Limited has revised and adopted new terms of reference for its audit committee with effect from 29 December 2025, formalising the committee’s role in overseeing accounting, auditing and financial reporting practices, as well as internal controls, risk management and regulatory compliance. The updated framework clarifies the committee’s responsibility for recommending and overseeing external auditors, monitoring the integrity of financial statements, liaising regularly with management and auditors, and ensuring adequate resources and capabilities in the company’s financial reporting function, signalling a strengthened corporate governance structure aimed at enhancing transparency, credibility and investor confidence.

The most recent analyst rating on (HK:0888) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on Bison Finance Group Limited stock, see the HK:0888 Stock Forecast page.

BlockFin Tightens Nomination Committee Mandate to Bolster Board Governance

BlockFin Holdings Limited has revised and adopted updated terms of reference for its nomination committee, effective 29 December 2025, formalising the committee’s role in ensuring the board maintains an appropriate balance of skills, experience and diversity that aligns with the group’s business strategy. The refreshed mandate strengthens the committee’s responsibilities in board composition review, board diversity policy oversight, succession planning for directors and senior management, evaluation of directors’ independence and time commitment, and supporting regular board performance reviews, while also codifying requirements for transparent disclosure when proposing independent non-executive directors to shareholders and for publishing the committee’s remit on public websites, reinforcing the company’s governance framework and transparency for investors and other stakeholders.

The most recent analyst rating on (HK:0888) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on Bison Finance Group Limited stock, see the HK:0888 Stock Forecast page.

BlockFin Tightens Governance With Revised Remuneration Committee Mandate

BlockFin Holdings Limited has revised and adopted updated terms of reference for its remuneration committee, effective 29 December 2025, strengthening the committee’s mandate to define a compensation philosophy aligned with the group’s strategic objectives and to oversee the remuneration of directors and senior management. The revised framework formalises a broad set of responsibilities, including setting and reviewing remuneration policies, benchmarking pay against comparable companies, approving compensation for appointments and terminations, overseeing share schemes under Hong Kong listing rules, and ensuring transparency through public disclosure of directors’ and senior management remuneration, with the committee to be majority independent non-executive directors and to meet at least annually, thereby reinforcing the company’s governance standards and accountability to shareholders.

The most recent analyst rating on (HK:0888) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on Bison Finance Group Limited stock, see the HK:0888 Stock Forecast page.

BlockFin Holdings Completes Corporate Rebranding and Adopts New Bye-Laws

BlockFin Holdings Limited has officially changed its English name from Bison Finance Group Limited and its Chinese name from 貝森金融集團有限公司 to 鏈信控股有限公司, following shareholder approval at a special general meeting and subsequent registration in Bermuda and Hong Kong. The rebranding extends to changes in the company’s stock short names on the Hong Kong Stock Exchange to “BLOCKFIN HLDG” and “鏈信控股,” effective 23 December 2025, while retaining stock code 888; the company’s website has also been updated to www.blockfin.com.hk and its previous logo discontinued. Existing share certificates remain valid and will not be exchanged, and new share certificates will be issued under the new name from 23 December 2025. In parallel, the company has adopted new bye-laws reflecting the new corporate name, signalling a formal completion of the legal and operational aspects of its rebranding for investors and other stakeholders.

The most recent analyst rating on (HK:0888) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on Bison Finance Group Limited stock, see the HK:0888 Stock Forecast page.

Bison Finance Group Approves Key Resolutions and Name Change

Bison Finance Group Limited announced that all proposed special resolutions were approved at their Special General Meeting held on November 20, 2025. Key resolutions included amendments to the company’s bye-laws and a change of the company’s name to BlockFin Holdings Limited. These changes reflect a strategic shift and are expected to impact the company’s operations and market positioning, signaling a potential rebranding effort that could influence stakeholder perceptions.

Bison Finance Group Proposes Name Change to BlockFin Holdings

Bison Finance Group Limited has announced a special general meeting to consider significant changes to its corporate structure. The company is proposing amendments to its bye-laws and a change of its English and Chinese names to BlockFin Holdings Limited and 鏈信控股有限公司, respectively. These changes are subject to approval by the Registrar of Companies in Bermuda and are intended to reflect the company’s strategic direction and branding.

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.