China Tonghai International Financial Limited (0952) AI Stock Analysis

• Market Cap: HK$1.14B
• Dividend Yield: N/A
• Average Volume (3M): 234.05K
• Price to Earnings (P/E): 59.4
• Beta (1Y): 0.11
• Revenue Growth: 14.16%
• EPS Growth: -161.03%
• Country: HK
• Employees: 200
• Sector: Financial
• Sector Strength: 74
• Industry: Financial - Capital Markets
• EPS (TTM): -0.01
• Shares Outstanding: 6,197,049,300
• 10 Day Avg. Volume: 500,000
• 30 Day Avg. Volume: 234,050
• PEG Ratio: 0.02
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.42
• 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: 44 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score is primarily influenced by the company's weak financial performance and valuation concerns. The financial health is challenged by negative net income and poor cash flow management, while the negative P/E ratio reflects overvaluation risks. Technical indicators show mixed signals, with some potential for reversal but overall uncertainty.

China Tonghai International Financial Limited Business Overview & Revenue Model

Company Description

China Tonghai International Financial Limited (0952) is a Hong Kong-based financial services company. It operates in the financial sector, providing a range of services including securities trading, asset management, and wealth management. The company caters to both individual and institutional clients, offering a comprehensive suite of financial products and services to meet diverse investment needs.

How the Company Makes Money

China Tonghai International Financial Limited generates revenue primarily through its securities trading and brokerage services, earning commissions and fees from facilitating trades for clients. Additionally, the asset management segment contributes to the company's income by charging management and performance fees on the assets managed on behalf of clients. Wealth management services further enhance revenue through advisory fees and the sale of investment products. Strategic partnerships and collaborations with other financial institutions may also play a role in expanding their service offerings and customer base, thereby increasing revenue opportunities.

China Tonghai International Financial Limited Financial Statement Overview

Summary

China Tonghai International Financial Limited shows mixed financial health with fluctuating revenues and profitability challenges, as evidenced by negative net income. The balance sheet is relatively stable with moderate leverage, but declining asset and equity levels may pose future risks. Cash flow issues are notable, with operational cash flows drying up in the latest period. Overall, while there are some strengths in the balance sheet, the company's financial performance is hindered by profitability and cash flow weaknesses.

Income Statement

The income statement reveals fluctuating revenue with a significant drop in the latest year, alongside a negative net income. Gross profit margins have improved from the previous year, but the overall net profit margin remains negative, indicating profitability challenges. The revenue has seen considerable volatility, impacting the company's financial stability.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating manageable leverage levels. There is a significant equity base providing stability, although there is a decline in total assets and equity over the years. The equity ratio remains strong, suggesting a solid financial foundation despite the declining trend.

Cash Flow

Cash flow analysis highlights a concerning lack of free cash flow growth and a zero operating cash flow in the latest year, suggesting operational challenges. The free cash flow to net income ratio is not meaningful due to negative net income, further emphasizing cash flow issues. Overall, cash flow management appears weak.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
376.21M	384.77M	-177.82M	857.82M	1.10B
	Gross Profit
206.01M	98.30M	-428.69M	529.81M	683.65M
	EBIT
214.30M	207.81M	-1.53B	445.86M	595.57M
	EBITDA
4.51M	199.10M	-1.42B	-1.50B	643.81M
	Net Income Common Stockholders
-73.37M	119.54M	-1.58B	-2.26B	103.25M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
889.95M	824.32M	963.29M	1.70B	2.29B
	Total Assets
4.19B	4.06B	4.68B	6.84B	9.94B
	Total Debt
718.00M	735.52M	954.32M	1.55B	1.95B
	Net Debt
561.33M	613.14M	759.11M	1.15B	1.74B
	Total Liabilities
2.20B	2.00B	2.67B	3.24B	4.05B
	Stockholders Equity
1.99B	2.06B	2.01B	3.60B	5.89B
Cash Flow		Free Cash Flow
208.22M	168.92M	475.17M	651.99M	351.76M
	Operating Cash Flow
209.82M	185.23M	476.43M	657.55M	362.16M
	Investing Cash Flow
50.98M	-16.31M	-1.26M	35.92M	-10.40M
	Financing Cash Flow
-224.94M	-235.71M	-683.13M	-501.97M	-319.47M

China Tonghai International Financial Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.19
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0952, the sentiment is Negative. The current price of 0.19 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.20, and below the 200-day MA of 0.20, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 22.94 is Positive, neither overbought nor oversold. The STOCH value of 33.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0952.

China Tonghai International Financial Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6030	74 Outperform	$402.82B	14.26	8.44%	4.81%	17.45%	8.24%
6862	69 Neutral	$82.83B	15.76	42.85%	10.52%	1.35%	4.06%
Sector *	64 Neutral	$12.77B	9.78	7.84%	78.83%	12.06%	-7.99%
0952	44 Neutral	HK$1.14B	59.38	-3.62%	―	14.16%	-161.03%

China Tonghai International Financial Limited Corporate Events

China Tonghai International Financial Limited AGM Resolutions Unanimously Approved

China Tonghai International Financial Limited, operating under the name Quam Plus International Financial Limited, held its Annual General Meeting on 13 June 2025, where all proposed ordinary resolutions were unanimously passed by shareholders. The resolutions included the adoption of financial statements, re-election of directors, and authorization for the board to appoint additional directors and fix their remuneration. Additionally, mandates for issuing and repurchasing shares were approved, reflecting strong shareholder support and potentially enhancing the company’s operational flexibility.

China Tonghai Announces Property Disposal Transaction

China Tonghai International Financial Limited has announced a property disposal transaction involving an indirect wholly-owned subsidiary of the company. The property is being sold for approximately US$29,034,000, and the transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange’s listing rules. The sale is expected to impact the company’s financials and market positioning, as it involves a significant asset disposal.

China Tonghai International Financial Limited Announces Annual General Meeting Agenda

China Tonghai International Financial Limited has announced its upcoming annual general meeting, scheduled for June 13, 2025, in Hong Kong. The meeting will address several key agenda items, including the adoption of the audited financial statements for 2024, the re-election of directors, and the re-appointment of the company’s auditor. Additionally, the meeting will consider a resolution to authorize the directors to issue additional shares and securities, which could impact the company’s capital structure and shareholder value.

Quam Plus International Reports 2024 Financial Results, Faces Net Loss

Quam Plus International Financial Limited announced its audited annual results for the year ended December 31, 2024, reporting a significant decline in net profit compared to the previous year. The company experienced a net loss attributable to equity holders of HK$73.37 million, a stark contrast to the HK$119.54 million profit in 2023. This downturn was influenced by a decrease in fee and commission income, a drop in interest income calculated using the effective interest method, and a substantial net loss in other income. Despite these challenges, the company saw a reversal in expected credit loss and a gain in fair value change of investment properties.