NOVA Group Holdings Ltd. (1360) AI Stock Analysis

• Market Cap: HK$24.65M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.09
• Revenue Growth: 1056.24%
• EPS Growth: -5.37%
• Country: HK
• Employees: 77
• Sector: Industrials
• Sector Strength: 84
• Industry: Specialty Business Services
• EPS (TTM): -0.09
• Shares Outstanding: 2,054,153,300
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.56
• 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: 31 Underperform
• Price Target: ―

NOVA Group Holdings Ltd. faces significant financial distress with declining revenues and negative profitability, severely impacting its stock score. Weak technical indicators and poor valuation metrics further underline the challenges, resulting in a low overall stock score.

NOVA Group Holdings Ltd. Business Overview & Revenue Model

Company Description

NOVA Group Holdings Ltd. (1360) is a diversified investment holding company based in Hong Kong. The company primarily operates in sectors such as financial services, property investment, and technology. It provides a range of services including asset management, wealth management, and financial advisory. Additionally, NOVA Group engages in property development and investment, as well as strategic investments in technology-related ventures.

How the Company Makes Money

NOVA Group Holdings Ltd. generates revenue through multiple streams. The company's financial services division earns income from management fees, advisory fees, and commissions related to its asset and wealth management services. Property investment contributes to revenue through rental income and capital appreciation from its real estate holdings. The company's involvement in technology investments may yield returns through dividends, capital gains, or strategic exits from these ventures. Key partnerships with financial institutions and real estate developers further enhance its revenue potential.

NOVA Group Holdings Ltd. Financial Statement Overview

Summary

NOVA Group Holdings Ltd. is facing severe financial challenges. Declining revenues, negative profitability margins, and a deteriorating balance sheet indicate insolvency risks. Cash flow issues are also present, with negative operating and free cash flows indicating liquidity problems.

Income Statement

NOVA Group Holdings Ltd. has experienced significant declines in revenue over recent years, with the latest revenue at $31.56 million compared to $55.11 million in 2020. The gross profit margin remains relatively stable, but the negative net income and EBIT indicate substantial operational challenges. The net profit margin is severely negative, and both EBIT and EBITDA margins are deeply negative, reflecting an ongoing struggle to manage costs and generate profits.

Balance Sheet

The balance sheet reveals a troubling financial position with negative stockholders' equity, indicating insolvency risk. The debt-to-equity ratio is not meaningful due to negative equity, and the declining equity ratio underscores the company's worsening leverage situation. The company's total assets have significantly decreased, and liabilities now exceed assets, highlighting financial instability.

Cash Flow

Cash flow analysis shows a negative trend with consistent negative free cash flow and operating cash flow. The operating cash flow to net income ratio is not meaningful due to negative figures in both metrics. Free cash flow has been negative in recent years, and the company's ability to generate cash from operations is severely compromised, indicating liquidity concerns.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
31.56M	41.22M	112.16M	228.07M	551.11M
	Gross Profit
9.78M	35.59M	78.93M	120.96M	285.17M
	EBIT
-192.12M	-486.09M	47.34M	27.69M	187.18M
	EBITDA
-200.12M	-484.54M	-111.62M	41.41M	207.82M
	Net Income Common Stockholders
-200.55M	-506.50M	-122.87M	-5.45M	137.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.74M	2.40M	72.91M	71.01M	166.44M
	Total Assets
29.60M	183.12M	703.58M	882.12M	1.16B
	Total Debt
65.26M	45.06M	42.92M	70.49M	319.68M
	Net Debt
62.52M	42.66M	-28.84M	1.43M	182.25M
	Total Liabilities
115.84M	58.12M	57.66M	99.20M	459.72M
	Stockholders Equity
-76.75M	125.00M	645.92M	782.92M	692.48M
Cash Flow		Free Cash Flow
-6.22M	-76.03M	38.85M	124.30M	44.56M
	Operating Cash Flow
-4.00M	-75.97M	38.93M	124.52M	45.43M
	Investing Cash Flow
-173.00K	282.00K	3.00K	38.41M	11.44M
	Financing Cash Flow
4.42M	8.53M	-36.72M	-239.34M	-127.82M

NOVA Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Neutral
• RSI: Negative
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1360, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Neutral momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1360.

NOVA Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$4.44B	12.06	5.34%	6.22%	4.17%	-11.81%
1884	56 Neutral	HK$60.50M	―	-2.69%	―	-0.14%	72.86%
8416	54 Neutral	HK$37.08M	8.71	-9.16%	22.73%	-11.05%	-222.58%
8419	50 Neutral	HK$25.20M	14.32	3.02%	―	-9.59%	―
8385	44 Neutral	HK$9.19M	―	-363.24%	―	-65.76%	-84.78%
8448	42 Neutral	HK$24.35M	―	-818.26%	―	93.85%	66.62%
1360	31 Underperform	HK$24.65M	―	-878.46%	―	1056.24%	-5.37%

NOVA Group Holdings Ltd. Corporate Events

NOVA Group Announces Interim Results Amid Trading Suspension

NOVA Group Holdings Ltd. announced its unaudited condensed consolidated interim results for the six months ending December 31, 2024. The company has requested a continued suspension of trading in its shares on the Hong Kong Stock Exchange since October 3, 2023, advising shareholders and potential investors to exercise caution.

NOVA Group Engages Consultant for Internal Control Review Amid Trading Suspension

NOVA Group Holdings Ltd. has engaged BT Corporate Governance Limited to conduct an independent internal control review to strengthen its internal control systems. This review is part of the company’s efforts to comply with the resumption guidance set by the Hong Kong Stock Exchange, following a suspension of trading due to concerns over the company’s internal controls and procedures.

NOVA Group Holdings Ltd. Schedules Board Meeting for Interim Results

NOVA Group Holdings Ltd. has announced that its board of directors will hold a meeting on April 30, 2025, to approve the unaudited interim results for the six months ending December 31, 2024. The board will also consider the recommendation for the payment of an interim dividend, if any, during this meeting.

NOVA Group Faces Delisting Amid Operational Struggles

NOVA Group Holdings Ltd. has been engaged in the Financing Business and the Cultural and Entertainment Business, but both segments have faced significant challenges, with the Financing Business generating no revenue and the Cultural and Entertainment Business experiencing a drastic downsizing. The Hong Kong Stock Exchange’s Listing Committee has decided to cancel the listing of NOVA Group Holdings Ltd. due to the company’s failure to resume trading by the deadline and its inability to fulfill the necessary resumption guidance. This decision highlights the company’s operational struggles and poses significant implications for its stakeholders.

NOVA Group Holdings Ltd. Faces Challenges Amid Economic Downturn, Shifts Focus to Chinese Liquor Industry

NOVA Group Holdings Ltd. has been navigating significant challenges due to the economic downturn in the PRC, which has impacted its cultural and entertainment services and loan business. Despite efforts to revive its clubbing operations in Hong Kong, the company faced persistent financial losses and decided to cease operations in February 2025. The company is now reassessing its business strategy, focusing on the Chinese liquor industry, which shows potential due to favorable policy developments and increasing demand.

NOVA Group Holdings Ltd. Reports Significant Annual Losses Amidst Revenue Decline

NOVA Group Holdings Ltd. reported its annual results for the year ending June 30, 2024, revealing a significant decrease in revenue from continuing operations, down to HK$31,561,000 from HK$41,219,000 in the previous year. The company faced substantial operating losses, primarily due to impairment losses and provisions for expected credit losses, resulting in a total comprehensive expense of HK$211,240,000. This financial performance indicates ongoing challenges for the company, impacting its market position and stakeholder confidence.