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Wealthking Investments Limited (HK:1140)
:1140

Wealthking Investments Limited (1140) AI Stock Analysis

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HK:1140

Wealthking Investments Limited

(1140)

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Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
HK$0.18
▼(-8.50% Downside)
Action:ReiteratedDate:12/03/25
The overall stock score of 48 reflects significant financial and technical challenges. The company's stable balance sheet is overshadowed by negative revenue and cash flow trends, while technical indicators point to bearish momentum. Valuation is fair but lacks compelling factors to offset other weaknesses.
Positive Factors
Conservative balance sheet / low leverage
A low debt-to-equity profile and healthy equity ratio provide durable financial flexibility. Over a 2–6 month horizon this conservatism supports the firm’s ability to absorb market shocks, fund operations or strategic initiatives internally, and avoid refinancing risk during liquidity stress.
Relatively strong gross and operating margins
Sustained gross margins and evidence of EBIT/EBITDA efficiency imply underlying pricing power or cost control in the business model. These margin cushions help preserve profitability if top-line pressures persist and enable incremental earnings leverage as revenues stabilize or recover.
Positive free cash flow to net income conversion
A positive free cash flow to net income ratio indicates the company can convert reported earnings into cash, supporting self-funding of operations and lowering dependence on external financing. This structural cash conversion is a durable advantage if maintained.
Negative Factors
Declining and volatile revenue trend
A material recent revenue decline and ongoing volatility suggest weakness in core fee generation, reducing scale and making future margin recovery harder. For an asset management holding company, persistent top-line erosion undermines long-term fee income and growth prospects.
Negative operating and free cash flows
Negative operating and free cash flows erode cash reserves and constrain reinvestment or distributions. Over months this can force external financing or asset sales, increasing financial risk and limiting the company’s ability to pursue strategic initiatives or stabilize operations.
Low return on equity
Low ROE indicates the company is not efficiently converting its equity base into profits. This structural weakness limits long-term shareholder value creation and may pressure management to alter capital allocation or operational strategy to improve returns.

Wealthking Investments Limited (1140) vs. iShares MSCI Hong Kong ETF (EWH)

Wealthking Investments Limited Business Overview & Revenue Model

Company DescriptionWealthking Investments Limited operates as an investment holding company in Hong Kong. The company develops customized investment solutions. It also focuses on developing partnerships with financial players to build a finance services platform. It focuses on companies with high potential for growth. The company typically invests in companies in medical, finance, TMT and health sectors. The company was formerly known as OP Financial Limited and changed its name to Wealthking Investments Limited in October 2020. Wealthking Investments Limited was founded in 2002 and is based in Central, Hong Kong.
How the Company Makes MoneyWealthking Investments generates revenue through multiple streams, primarily from management fees and performance fees associated with its asset management services. The company charges management fees based on the total assets under management (AUM) for its investment funds, which provides a steady income stream. Additionally, Wealthking earns performance fees when its investment returns exceed predetermined benchmarks, incentivizing the firm to maximize returns for its investors. The company also generates income from strategic partnerships with other financial institutions and investment firms, facilitating co-investment opportunities and joint ventures. Furthermore, Wealthking may earn profits from the appreciation of its owned assets in real estate and equity markets, contributing to its overall revenue.

Wealthking Investments Limited Financial Statement Overview

Summary
Wealthking Investments Limited shows mixed financial performance. The income statement reveals volatile revenue with declining trends, and cash flow analysis indicates liquidity challenges. However, the balance sheet is stable with low leverage, which is a positive aspect.
Income Statement
45
Neutral
The income statement shows a volatile revenue trend with a significant decline in the latest year. Gross profit margins are relatively strong, but the net profit margin has been inconsistent, reflecting fluctuating profitability. The EBIT and EBITDA margins indicate some operational efficiency, but the negative revenue growth rate is a concern.
Balance Sheet
55
Neutral
The balance sheet reflects a stable equity base with a low debt-to-equity ratio, indicating conservative leverage. However, the return on equity is low, suggesting limited profitability relative to shareholder equity. The equity ratio is healthy, showing a strong asset base funded by equity.
Cash Flow
40
Negative
Cash flow analysis reveals negative operating and free cash flows, indicating potential liquidity challenges. The free cash flow to net income ratio is positive, but the negative growth in free cash flow is concerning. The operating cash flow to net income ratio is also negative, highlighting cash flow inefficiencies.
BreakdownTTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income Statement
Total Revenue320.89M154.39M-22.77M184.81M100.52M-27.22M
Gross Profit140.28M108.42M-22.77M193.00M95.23M112.41M
EBITDA281.05M80.83M174.03M68.63M-133.21M248.46M
Net Income110.17M64.16M53.65M146.38M221.27M372.56M
Balance Sheet
Total Assets10.81B10.67B11.42B11.37B7.44B5.37B
Cash, Cash Equivalents and Short-Term Investments4.20B58.47M5.81B5.33B1.94B2.67B
Total Debt657.09M651.38M1.43B1.29B1.87B578.15M
Total Liabilities733.36M720.78M1.51B1.36B1.91B841.11M
Stockholders Equity10.08B9.95B9.91B10.01B5.53B4.53B
Cash Flow
Free Cash Flow232.02M-21.68M-49.48M97.11M213.53M26.77M
Operating Cash Flow232.01M-21.55M-47.01M100.86M221.10M26.79M
Investing Cash Flow-629.63M798.01M-959.50M-3.99B-2.29B-61.92M
Financing Cash Flow279.45M-762.99M642.58M3.89B2.11B-15.65M

Wealthking Investments Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.20
Price Trends
50DMA
0.19
Negative
100DMA
0.19
Negative
200DMA
0.15
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
42.35
Neutral
STOCH
56.26
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1140, the sentiment is Negative. The current price of 0.2 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.19, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.35 is Neutral, neither overbought nor oversold. The STOCH value of 56.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1140.

Wealthking Investments Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
55
Neutral
HK$1.63B2.481.24%-31.46%-10.06%
49
Neutral
HK$89.81M-1.58-36.87%-64.18%63.16%
48
Neutral
HK$2.04B6.691.10%-7.70%101.92%
47
Neutral
HK$330.08M0.5865.61%35.11%
42
Neutral
HK$523.08M-12.45-22.40%-166.78%85.53%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1140
Wealthking Investments Limited
0.18
0.10
127.27%
HK:1226
China Investment and Finance Group Ltd
0.80
0.32
66.67%
HK:1697
Shandong International Trust Corp. Class H
0.35
-0.03
-7.89%
HK:0612
China Investment Fund Company Limited
0.34
0.14
70.05%
HK:0721
China Financial International Investments Limited
0.07
0.04
155.56%
HK:0810
China Internet Investment Finance Holdings Ltd.
0.13
0.00
0.00%

Wealthking Investments Limited Corporate Events

HK.AI Capital Reports Unaudited NAV Per Share of HK$0.899
Feb 13, 2026

HK.AI Capital Limited has reported an unaudited net asset value per share of approximately HK$0.899 as at 31 January 2026, providing investors with an updated snapshot of the company’s underlying asset position. The disclosure offers shareholders and the market a reference point for assessing the valuation of the company’s shares relative to its asset base, potentially influencing investment decisions and perceptions of the firm’s financial strength.

The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.

HK.AI Capital Unveils New Name, Ticker Short Name and Brand Identity
Feb 6, 2026

HK.AI Capital Limited has officially changed its English company name from Wealthink AI-Innovation Capital Limited to HK.AI Capital Limited, while retaining its existing Chinese name, following shareholder approval and registration of the new name in both the Cayman Islands and Hong Kong. In line with the rebranding, the company will change its English stock short name on the Hong Kong Stock Exchange to “HK.AI CAPITAL” from 11 February 2026, adopt a new corporate logo, and migrate its corporate website to www.hk.ai, with its stock code 1140 and Chinese stock short name remaining unchanged; the board emphasized that these changes are purely cosmetic and will not affect shareholders’ rights, day-to-day operations, or the group’s financial position, with existing share certificates remaining valid alongside new certificates issued under the updated branding.

The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.

Wealthink AI-Innovation Capital Revamps Board with New Independent Director
Jan 21, 2026

Wealthink AI-Innovation Capital Limited has announced the resignation of independent non-executive director Yang Songbin, who is stepping down from the board and relinquishing his roles as chairman of the audit committee and member of the remuneration, nomination and corporate governance committees, citing a desire to focus on other career developments, with the board noting there is no disagreement or outstanding issue tied to his departure. To fill the vacancy and maintain regulatory compliance and governance continuity, the company has appointed veteran finance and auditing professional He Hongchun as an independent non-executive director effective 21 January 2026, leveraging his more than 20 years of experience in listed companies and investment management to strengthen the audit and oversight capabilities of the board and its committees, with his independence and remuneration arrangements confirmed in line with Hong Kong listing rules.

The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.

Wealthink AI-Innovation Capital Sets New Board and Committee Structure
Jan 21, 2026

Wealthink AI-Innovation Capital Limited has announced the composition of its board of directors with effect from 21 January 2026, naming Dr. Wang Qin as chairman alongside non-executive directors Dr. Fu Weigang, Dr. Wang Shibin and Ms. Sun Qing, and independent non-executive directors Mr. Yan Xiaotian, Mr. Zhao Kai and Mr. He Hongchun. The board has also confirmed the structure and membership of its four key governance committees—audit, remuneration, nomination and corporate governance—with independent directors taking most of the chair roles, underscoring an emphasis on oversight, regulatory compliance and strengthened corporate governance for shareholders and other stakeholders.

The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.

Wealthink AI-Innovation Capital Reports Unaudited NAV Per Share of HK$0.896
Jan 15, 2026

Wealthink AI-Innovation Capital Limited has reported an unaudited net asset value (NAV) per share of approximately HK$0.896 as at 31 December 2025. The disclosure provides investors with an updated snapshot of the company’s underlying asset value and may serve as a key reference point for assessing its share price valuation and capital position in the Hong Kong market.

The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.

Wealthink AI-Innovation Capital Clarifies Former CEO’s Remuneration in Supplemental Filing
Jan 13, 2026

Wealthink AI-Innovation Capital Limited has issued a supplemental announcement to its annual reports for the financial years ended 31 March 2021 and 31 March 2022, providing additional disclosure on the remuneration of its then chief executive officer, Dr. Zhu Xianzhong. The company clarified that Dr. Zhu, who served as CEO from 16 December 2020 to 29 December 2021, was entitled to HK$1,000,000 in salaries and other benefits for 2020/21, and HK$1,500,000 in salaries and other benefits plus HK$38,439.39 in retirement benefits contributions for 2021/22, and that the relevant note on directors’ and the chief executive’s emoluments in the annual reports has been reinstated without other changes, thereby enhancing transparency for shareholders and potential investors regarding management compensation.

The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.

Wealthink AI-Innovation Capital Shareholders Approve Name Change to HK.AI Capital
Jan 9, 2026

Shareholders of Wealthink AI-Innovation Capital Limited have approved a special resolution to change the company’s English name to HK.AI Capital Limited, subject to final approval by the Registrar of Companies in the Cayman Islands. The resolution was passed at an extraordinary general meeting on 9 January 2026 with 100% of the 2.82 billion votes cast in favour and no votes against, indicating broad shareholder support and clearing a key procedural step in the company’s rebranding, which may sharpen its market identity and alignment with its AI-focused investment positioning.

The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.

Wealthink AI-Innovation Capital to Rebrand as HK.AI Capital
Dec 16, 2025

Wealthink AI-Innovation Capital Limited has announced an extraordinary general meeting scheduled for January 9, 2026, to vote on a special resolution to change its name to HK.AI Capital Limited. This change, pending approval from the Registrar of Companies in the Cayman Islands, reflects the company’s strategic rebranding efforts to enhance its market presence and align with its focus on AI-driven investment strategies.

The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.

Wealthink AI-Innovation Capital Reports Net Asset Value Update
Dec 15, 2025

Wealthink AI-Innovation Capital Limited announced that its unaudited Net Asset Value per share was approximately HK$ 0.889 as of November 30, 2025. This financial update reflects the company’s current valuation and could influence investor perception and market positioning, highlighting its ongoing performance in the AI investment sector.

The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.

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.Date of analysis: Dec 03, 2025