Wealthking Investments Limited (1140) AI Stock Analysis

• Market Cap: HK$1.02B
• Dividend Yield: N/A
• Average Volume (3M): 5.34M
• Price to Earnings (P/E): 15.9
• Beta (1Y): 1.42
• Revenue Growth: 100.70%
• EPS Growth: N/A
• Country: HK
• Employees: 30
• Sector: Financial
• Sector Strength: 77
• Industry: Asset Management
• EPS (TTM): <0.01
• Shares Outstanding: 10,520,324,000
• 10 Day Avg. Volume: 8,780,800
• 30 Day Avg. Volume: 5,341,333
• PEG Ratio: -0.18
• Price to Book (P/B): 0.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -38.53
• 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: 61 Neutral
• Price Target: ―

Wealthking Investments Limited demonstrates strong revenue growth and efficient cost management, yet faces liquidity challenges due to negative cash flow. The stock's technical indicators suggest a bearish trend, with prices below key moving averages. Valuation is somewhat favorable, with a reasonable P/E ratio. The company's solid financial foundation offers growth potential, but addressing cash flow concerns is critical for long-term stability.

Wealthking Investments Limited Business Overview & Revenue Model

Company Description

Wealthking Investments Limited (1140) is a Hong Kong-based investment holding company. The company is primarily engaged in the business of investment in a diversified portfolio of financial instruments. Wealthking Investments focuses on sectors such as securities, bonds, and private equity, offering a range of financial products and services aimed at maximizing returns for its stakeholders.

How the Company Makes Money

Wealthking Investments Limited generates revenue through its strategic investments in various financial assets. The company's primary revenue streams include capital gains from the sale of securities and bonds, dividend income from equity investments, and interest income from fixed-income securities. Additionally, Wealthking Investments may engage in private equity deals, which involve acquiring stakes in private companies with the expectation of selling them at a profit in the future. The company also benefits from any appreciation in the value of its investment portfolio. Significant partnerships with financial institutions or strategic investors can enhance its earning potential by providing access to exclusive investment opportunities and expertise.

Wealthking Investments Limited Financial Statement Overview

Summary

Wealthking Investments Limited exhibits strong revenue growth and efficient cost management, with improving profitability margins. The balance sheet is robust with low leverage, but declining ROE may hinder future returns. Cash flow challenges are evident, with negative free cash flow and operating cash flow, raising concerns about liquidity. Overall, the company shows growth potential but must address cash flow issues to ensure sustained financial health.

Income Statement

Wealthking Investments Limited has shown strong revenue growth, with a 44.34% increase from 2023 to 2024, and improving profitability margins. The gross profit margin stands at 100% for both years due to revenue being equal to gross profit, indicating efficient cost management. The net profit margin improved from 79.20% in 2023 to 20.11% in 2024, despite a decrease in net income. EBIT and EBITDA margins also saw significant improvements, reflecting enhanced operational efficiency. However, the decline in net income and net profit margin compared to the previous year poses a risk to sustained profitability.

Balance Sheet

The company has a healthy equity ratio of 86.76%, indicating a strong equity position relative to total assets. The debt-to-equity ratio is low at 0.14, suggesting low leverage and a conservative capital structure. ROE decreased to 5.41% in 2024 from 14.62% in 2023, pointing to reduced efficiency in generating profits from shareholders' equity. While the balance sheet reflects financial stability, the decline in ROE could impact future equity returns.

Cash Flow

Cash flow analysis reveals challenges in maintaining positive cash flow. The operating cash flow to net income ratio is negative, highlighting cash flow issues despite reported profits. Free cash flow turned negative in 2024, contrasting the positive trend in prior years, and free cash flow growth rate is negative due to the decrease from positive to negative cash flow. These factors indicate potential liquidity concerns that need addressing for long-term financial health.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	-22.77M	184.81M	100.52M	-27.22M	148.34M
Gross Profit	-22.77M	193.00M	95.23M	112.41M	181.99M
EBITDA	174.03M	68.63M	-133.21M	248.46M	-859.34M
Net Income	53.65M	146.38M	221.27M	372.56M	-1.37B
Balance Sheet
Total Assets	11.42B	11.37B	7.44B	5.37B	4.78B
Cash, Cash Equivalents and Short-Term Investments	5.81B	5.33B	1.94B	2.67B	1.90B
Total Debt	1.43B	1.29B	1.87B	578.15M	586.47M
Total Liabilities	1.51B	1.36B	1.91B	841.11M	660.64M
Stockholders Equity	9.91B	10.01B	5.53B	4.53B	4.11B
Cash Flow
Free Cash Flow	-49.48M	97.11M	213.53M	26.77M	97.83M
Operating Cash Flow	-47.01M	100.86M	221.10M	26.79M	115.93M
Investing Cash Flow	-959.50M	-3.99B	-2.29B	-61.92M	-467.01M
Financing Cash Flow	642.58M	3.89B	2.11B	-15.65M	274.67M

Wealthking Investments Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 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:1140, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 61.87 is Neutral, neither overbought nor oversold. The STOCH value of 60.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1140.

Wealthking Investments Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1113	74 Outperform	$121.79B	9.01	3.52%	4.48%	-3.04%	-20.01%
0435	74 Outperform	$3.93B	20.53	1.17%	8.23%	―	―
1140	61 Neutral	HK$1.02B	15.90	0.65%	―	100.70%	―
Sector *	58 Neutral	HK$91.35B	5.46	-3.21%	5.19%	7.36%	-55.21%
1238	45 Neutral	HK$1.55B	―	-16.13%	―	10.08%	-118.45%

Wealthking Investments Limited Corporate Events

Wealthking and GoFintech Extend Acquisition Deadline

Wealthking Investments Limited and GoFintech Quantum Innovation Limited have announced an extension of the long stop date for a significant acquisition and disposal transaction. The extension, now set for July 31, 2025, allows additional time to fulfill necessary conditions, which may impact the companies’ strategic operations and stakeholder interests.

Wealthking AI-Innovation Capital Reports Net Asset Value

Wealthking AI-Innovation Capital Limited announced that its unaudited net asset value per share as of March 31, 2025, was approximately HK$0.957. This announcement highlights the company’s financial standing and may influence stakeholders’ perception of its market position and future investment potential.

Wealthking AI-Innovation Capital Reports Net Asset Value Per Share

Wealthking AI-Innovation Capital Limited announced that its unaudited net asset value per share as of February 28, 2025, was approximately HK$0.950. This announcement provides stakeholders with a snapshot of the company’s financial health, potentially impacting investor confidence and market positioning.

Wealthink AI-Innovation Capital Updates on Significant Investments

Wealthink AI-Innovation Capital Limited has released supplemental information to its 2024 Annual Report, highlighting significant investments in companies like iCarbonX and Jiedaibao. The company holds substantial shares in these firms, though no dividends were received for the fiscal year ending March 2024. This announcement clarifies the company’s investment positions but does not alter other information in the annual report.

Wealthink AI and GoFintech Announce Delay in Joint Circular Dispatch

Wealthink AI-Innovation Capital Limited, in collaboration with GoFintech Innovation Limited, has announced a significant delay in the dispatch of a joint circular related to a substantial acquisition and disposal transaction. The postponement, now set for June 2025, is due to the need for additional time to finalize critical information, including the Target Company’s accountants’ report. This delay in the joint circular, which includes detailed transaction information, impacts shareholders and could influence the companies’ market operations and stakeholder engagements.

Wealthink AI-Innovation Capital Announces Change in Hong Kong Registrar

Wealthink AI-Innovation Capital Limited, incorporated in the Cayman Islands, will change its Hong Kong share registrar and transfer office to Tricor Investor Services Limited as of March 14, 2025. This change indicates a strategic operational shift for Wealthink AI-Innovation Capital Limited, potentially optimizing its share registration process with Tricor Investor Services Limited, which could have implications for the company’s operational efficiency and stakeholder interactions.

Wealthking Investments Reports January 2025 Net Asset Value

Wealthking Investments Limited, a Cayman Islands-incorporated company, focuses on AI-driven innovation investment in Hong Kong. As of January 31, 2025, the company’s unaudited net asset value per share was approximately HK$0.950, indicating its financial position and potential impact on stakeholders and market perception.