Huarong International Financial Holdings Limited (HK:0993)
:0993
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Huarong International Financial Holdings Limited
(0993)
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Rating:39Underperform
Price Target:
HK$0.13
▼(-14.00% Downside)
Action:ReiteratedDate:01/22/26
The score is driven primarily by very weak financial performance (losses, negative equity, and strained cash flow), with technical indicators also reflecting a sustained downtrend. Valuation does not provide support due to negative earnings and no indicated dividend yield.
Positive Factors
Business model diversification
Huarong International operates across securities trading, asset management and advisory, which diversifies revenue sources and client segments. This multi-line business model can provide resilience against single-market shocks and supports cross-selling over a multi-month to multi-year horizon.
Negative Factors
Negative shareholders' equity
Negative equity signals severe capital erosion and potential insolvency risk. This undermines creditor and regulator confidence, restricts access to financing, and forces management to pursue dilutive recapitalizations or asset disposals, impairing long-term strategic flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Business model diversification
Huarong International operates across securities trading, asset management and advisory, which diversifies revenue sources and client segments. This multi-line business model can provide resilience against single-market shocks and supports cross-selling over a multi-month to multi-year horizon.
Read all positive factors
Huarong International Financial Holdings Limited (0993) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$984.18M
Dividend YieldN/A
Average Volume (3M)503.03K
Price to Earnings (P/E)―
Beta (1Y)6.18
Revenue Growth-78.40%
EPS Growth-196.19%
CountryHK
Employees12
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)-0.07
Shares Outstanding8,709,586,000
10 Day Avg. Volume609,501
30 Day Avg. Volume503,027
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)-0.59
Price to Sales (P/S)7.14
P/FCF Ratio2.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Huarong International Financial Holdings Limited Business Overview & Revenue Model
Company Description
Huarong International Financial Holdings Limited, an investment holding company, provides financial services in Hong Kong and the People's Republic of China. The company operates through Securities, Corporate Finance, Asset Management and Direct I...
How the Company Makes Money
Huarong International generates revenue through multiple streams, primarily by charging fees and commissions on transactions related to its securities trading and asset management services. The company earns management fees from its asset manageme...
Huarong International Financial Holdings Limited Financial Statement Overview
Summary
Income Statement
10
Very Negative
Balance Sheet
5
Very Negative
Cash Flow
15
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -371.20M | 187.77M | 103.41M | -258.68M | 59.58M | 499.46M |
| Gross Profit | -371.20M | 187.76M | 103.39M | -261.94M | -422.98M | -188.25M |
| EBITDA | -436.60M | 2.09M | -207.42M | -1.80B | -1.00B | -1.90B |
| Net Income | -533.03M | -241.04M | -967.29M | -2.28B | -1.67B | -2.69B |
Balance Sheet | ||||||
| Total Assets | 1.78B | 2.07B | 3.92B | 5.73B | 9.21B | 15.00B |
| Cash, Cash Equivalents and Short-Term Investments | 816.34M | 766.52M | 2.09B | 3.04B | 1.97B | 6.79B |
| Total Debt | 3.93B | 3.83B | 5.10B | 5.90B | 8.57B | 10.81B |
| Total Liabilities | 4.57B | 4.34B | 5.57B | 6.46B | 9.70B | 13.61B |
| Stockholders Equity | -2.79B | -2.27B | -1.66B | -732.88M | -1.77B | -74.21M |
Cash Flow | ||||||
| Free Cash Flow | -487.31M | 489.95M | 985.74M | 846.32M | 1.41B | 1.00B |
| Operating Cash Flow | -487.31M | 489.95M | 986.61M | 847.44M | 1.42B | 1.01B |
| Investing Cash Flow | -51.64M | 75.60M | 121.69M | 315.56M | 2.27B | 1.40B |
| Financing Cash Flow | 32.32M | -1.75B | -1.51B | -1.06B | -3.55B | -4.67B |
Huarong International Financial Holdings Limited Technical Analysis
Negative
0.15
Price Trends
0.12
Negative
0.14
Negative
0.17
Negative
Market Momentum
>-0.01
Negative
46.60
Neutral
57.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0993, the sentiment is Negative. The current price of 0.15 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.12, and below the 200-day MA of 0.17, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.60 is Neutral, neither overbought nor oversold. The STOCH value of 57.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0993.
Huarong International Financial Holdings Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$1.91B | 9.33 | 0.89% | 3.28% | 9.64% | ― | |
69 Neutral | HK$566.23M | 5.92 | 4.26% | ― | 84.88% | 122.45% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
58 Neutral | HK$1.72B | 18.39 | 1.63% | 2.14% | -20.02% | 10.62% | |
53 Neutral | HK$1.61B | 16.91 | -2.38% | ― | -45.13% | 60.10% | |
46 Neutral | HK$860.42M | -3.89 | -14.53% | ― | 173.24% | -515.63% | |
39 Underperform | HK$984.18M | -3.94 | 21.05% | ― | -78.40% | -196.19% |
* Financial Sector Average
HK:0993
Huarong International Financial Holdings Limited
0.11
-0.04
-26.14%
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Huarong International Financial Holdings Limited Corporate Events
XinKong International Details Pricing Controls for Connected Financial Transactions
Jan 27, 2026
XinKong International Capital Holdings Limited has issued a supplemental announcement detailing its pricing policies and internal control measures for continuing connected transactions under a framework agreement with China CITIC Financial AMC Int...
Huarong International Signs Three-Year Framework Deal to Provide Financial Services to Connected Clients
Jan 19, 2026
Huarong International Financial Holdings has entered into a framework agreement with China Financial Asset International Holdings (CFAIH) under which it will provide brokerage, corporate financial advisory and asset management services to CFAIH...
XinKong Says Censured Independent Director Remains Fit for Board Role
Jan 16, 2026
XinKong International Capital Holdings Limited has disclosed that its independent non-executive director, Hung Ka Hai Clement, was publicly censured by the Hong Kong Stock Exchange in connection with internal control and diligence failures identif...
XinKong International Capital Moves Hong Kong Head Office to Wanchai
Dec 29, 2025
XinKong International Capital Holdings Limited has relocated its head office and principal place of business to Rooms 1703–1704, 17/F, YF Life Centre, 38 Gloucester Road, Wanchai, Hong Kong, effective 29 December 2025, while keeping its exis...
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.