Walnut Capital Limited (0905) AI Stock Analysis

• Market Cap: HK$1.83B
• Dividend Yield: N/A
• Average Volume (3M): 1.40M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: 1186.83%
• EPS Growth: 82.02%
• Country: HK
• Employees: 12
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.03
• Shares Outstanding: 1,050,500,900
• 10 Day Avg. Volume: 1,725,200
• 30 Day Avg. Volume: 1,399,559
• PEG Ratio: -7.77
• Price to Book (P/B): 2.46
• Price to Sales (P/S): 582.75
• P/FCF Ratio: -6.11
• 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: 46 Neutral
• Price Target: HK$2.00 ▲(11.73% Upside)

The overall stock score is primarily influenced by the company's financial performance, which shows improvements but is hindered by cash flow challenges. Technical analysis indicates a positive short-term trend, but valuation concerns due to a negative P/E ratio and lack of dividend yield weigh heavily on the score.

Positive Factors

Strong Margins

A 100% gross profit margin indicates exceptional cost management, allowing the company to maximize profitability from its revenue streams.

Low Leverage

Low leverage reduces financial risk and enhances stability, providing the company with greater flexibility to pursue growth opportunities.

Revenue Growth

Significant revenue growth reflects successful strategic initiatives and improved market conditions, supporting long-term business expansion.

Negative Factors

Cash Flow Challenges

Negative operating cash flow indicates inefficiencies in converting income to cash, which could strain liquidity and limit investment capacity.

Volatility in Performance

Historical volatility in financial performance poses risks to predictability and reliability of future earnings, impacting investor confidence.

Cash Management Issues

Negative free cash flow highlights potential cash constraints, which could hinder the company's ability to fund operations and growth initiatives.

Walnut Capital Limited Business Overview & Revenue Model

Company Description

Global Mastermind Capital Limited is a publicly owned investment manager. Global Mastermind Capital Limited is based in Central, Hong Kong.

How the Company Makes Money

Walnut Capital Limited generates revenue through multiple streams, with the primary being rental income from its managed properties. The company earns significant revenue from leasing commercial and residential spaces to tenants, which provides a steady cash flow. Additionally, Walnut Capital generates income through property sales, capital appreciation of its real estate assets, and fees charged for investment advisory services. Strategic partnerships with financial institutions and real estate developers further enhance its earnings potential, as these collaborations may lead to joint ventures, co-investments, and access to larger projects that can yield higher returns.

Walnut Capital Limited Financial Statement Overview

Summary

Walnut Capital Limited has shown significant improvements in profitability and financial stability in 2024, with strong margins and low leverage. However, challenges in cash flow management and past volatility pose risks.

Income Statement

Walnut Capital Limited has shown significant improvement in its income statement metrics over the past year. The gross profit margin stands at 100% for 2024, indicating efficient cost management. The net profit margin has turned positive at 74.03% in 2024, a remarkable turnaround from negative margins in previous years. Revenue growth is positive, with a substantial increase from negative revenue in 2023 to positive revenue in 2024. However, the company has experienced volatility in revenue and profitability in past years, which poses a risk.

Balance Sheet

The balance sheet of Walnut Capital Limited reflects strong equity with a high equity ratio of 90.47% in 2024, indicating financial stability. The debt-to-equity ratio is low at 0.08, suggesting low leverage and reduced financial risk. Return on equity has improved significantly to 312.52% in 2024, reflecting strong profitability relative to shareholder investment. Despite these strengths, the company has experienced fluctuations in equity and liabilities over the years.

Cash Flow

The cash flow statement reveals challenges in cash management. Operating cash flow is negative in 2024, indicating potential issues in generating cash from operations. Free cash flow is also negative, suggesting cash constraints. The operating cash flow to net income ratio is negative, highlighting inefficiencies in converting income to cash. Despite these challenges, the company has managed to improve its cash position compared to previous years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.33M	539.00K	165.00K	757.00K	6.54M	6.04M
Gross Profit	1.33M	539.00K	165.00K	757.00K	6.54M	970.00K
EBITDA	-19.33M	445.00K	-25.00M	-117.00M	-59.76M	-13.67M
Net Income	-7.70M	399.00K	-25.29M	-117.04M	-64.03M	-18.79M
Balance Sheet
Total Assets	231.74M	141.13M	83.73M	109.31M	250.12M	319.88M
Cash, Cash Equivalents and Short-Term Investments	52.80M	91.44M	75.42M	100.80M	241.19M	302.31M
Total Debt	10.00M	10.00M	10.00M	10.52M	35.28M	41.00M
Total Liabilities	11.01M	13.47M	11.85M	12.13M	35.91M	41.63M
Stockholders Equity	220.73M	127.66M	71.88M	97.18M	214.21M	278.24M
Cash Flow
Free Cash Flow	-6.42M	-51.44M	-1.95M	24.52M	-132.00K	-31.25M
Operating Cash Flow	-6.41M	-51.43M	-1.95M	24.55M	1.24M	-31.20M
Investing Cash Flow	-8.00K	891.00K	165.00K	727.00K	5.17M	5.99M
Financing Cash Flow	0.00	54.94M	1.25M	-25.52M	-6.72M	24.03M

Walnut Capital Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.79
• 50DMA: Negative
• 100DMA: Negative
• 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:0905, the sentiment is Negative. The current price of 1.79 is above the 20-day moving average (MA) of 1.78, above the 50-day MA of 1.79, and above the 200-day MA of 1.45, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 42.18 is Neutral, neither overbought nor oversold. The STOCH value of 15.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0905.

Walnut Capital 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%
1697	55 Neutral	HK$1.82B	11.65	1.22%	―	-31.46%	-10.06%
1140	48 Neutral	HK$2.39B	19.43	1.12%	―	-7.70%	101.92%
0905	46 Neutral	HK$1.83B	-239.73	-4.67%	―	1186.83%	82.02%
0612	42 Neutral	HK$523.08M	-4.65	-20.26%	―	-166.78%	85.53%
1835	40 Underperform	HK$222.34M	-27.74	-2.82%	―	78.92%	75.20%

Walnut Capital Limited Corporate Events

Walnut Capital Further Delays Circular on Major Cryptocurrency Transactions

Walnut Capital Limited has announced a further delay in sending a shareholder circular detailing its previously disclosed major transactions involving the acquisition and disposal of cryptocurrencies. The circular, originally expected by 31 December 2025, is now scheduled for despatch on or before 31 January 2026 to allow more time to finalise information for inclusion, extending the timeline for shareholders to review and vote on these crypto-related deals.

The most recent analyst rating on (HK:0905) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Walnut Capital Limited stock, see the HK:0905 Stock Forecast page.

Walnut Capital Limited Reports Net Asset Value Update

Walnut Capital Limited announced that as of November 30, 2025, its unaudited consolidated net asset value per share was approximately HK$0.145. This financial update provides stakeholders with insight into the company’s current financial standing, which may influence investor perceptions and market positioning.

The most recent analyst rating on (HK:0905) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Walnut Capital Limited stock, see the HK:0905 Stock Forecast page.

Walnut Capital Limited Delays Cryptocurrency Transaction Circular

Walnut Capital Limited has announced a further delay in the dispatch of a Circular related to a major transaction involving the acquisition and disposal of cryptocurrencies. The Circular, initially expected to be sent to shareholders by November 24, 2025, will now be postponed to on or before December 31, 2025, due to the need for additional time to finalize certain information.

The most recent analyst rating on (HK:0905) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Walnut Capital Limited stock, see the HK:0905 Stock Forecast page.

Walnut Capital Limited Reports Net Asset Value Update

Walnut Capital Limited announced that as of October 31, 2025, its unaudited consolidated net asset value per share was approximately HK$0.162. This financial update provides stakeholders with a snapshot of the company’s financial health, which could influence investor perceptions and market positioning.

The most recent analyst rating on (HK:0905) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Walnut Capital Limited stock, see the HK:0905 Stock Forecast page.

Walnut Capital Delays Cryptocurrency Transaction Circular

Walnut Capital Limited has announced a further delay in the dispatch of a Circular related to a major transaction involving the acquisition and disposal of cryptocurrencies. The Circular, initially expected to be sent to shareholders by 27 October 2025, will now be postponed to on or before 24 November 2025 due to the need for additional time to finalize certain information.

The most recent analyst rating on (HK:0905) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Walnut Capital Limited stock, see the HK:0905 Stock Forecast page.

Walnut Capital Limited Announces Net Asset Value Update

Walnut Capital Limited, listed on the Hong Kong Stock Exchange, announced its unaudited consolidated net asset value per share as of September 30, 2025, was approximately HK$0.232. This financial update provides stakeholders with insight into the company’s current financial standing, potentially impacting investor confidence and market perception.

The most recent analyst rating on (HK:0905) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Walnut Capital Limited stock, see the HK:0905 Stock Forecast page.