Kingkey Financial International (Holdings) Ltd. (1468) AI Stock Analysis

• Market Cap: HK$442.88M
• Dividend Yield: N/A
• Average Volume (3M): 8.47M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.99
• Revenue Growth: -30.92%
• EPS Growth: 85.46%
• Country: HK
• Employees: 50
• Sector: Industrials
• Sector Strength: 79
• Industry: Conglomerates
• EPS (TTM): -0.11
• Shares Outstanding: 1,736,795,700
• 10 Day Avg. Volume: 7,792,600
• 30 Day Avg. Volume: 8,467,828
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: HK$0.50
• Price Target Upside: 92.31% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: HK$0.50 ▲(92.31% Upside)

The stock score is primarily influenced by the company's strong revenue growth and stable balance sheet, despite significant profitability and cash flow challenges. Technical indicators show short-term bullish momentum, but long-term trends remain bearish. The negative P/E ratio and lack of dividend yield further weigh on the score.

Kingkey Financial International (Holdings) Ltd. Business Overview & Revenue Model

Company Description

Kingkey Financial International (Holdings) Limited, an investment holding company, engages in the insurance brokerage business in China, Hong Kong, and Denmark. It operates through Securities, Insurance Brokerage, Fur, Assets Management, and Money Lending segments. The Securities segment offers securities brokerage, margin financing, underwriting, sub-underwriting, placing, sub-placing, and consultancy services. The Insurance Brokerage segment provides insurance brokerage and wealth management services. The Fur segment offers fur skin brokerage and financing services, as well as sells pelted skin. The Assets Management segment engages in the provision and arrangement of fund management and asset management services. The Money Lending segment provides money lending services. The company was formerly known as UKF (Holdings) Limited and changed its name to Kingkey Financial International (Holdings) Limited in November 2019. The company was incorporated in 2015 and is headquartered in Kowloon, Hong Kong.

How the Company Makes Money

Kingkey Financial generates revenue through multiple streams, primarily from its securities brokerage services, which involve facilitating the buying and selling of stocks and other financial instruments for clients. In addition, the company earns income from asset management fees, charging clients a percentage of the assets under management for investment services. Financial advisory services also contribute to revenue, as the company provides strategic guidance and expertise for mergers, acquisitions, and other financial transactions. Partnerships with various financial institutions and technology providers enhance its service offerings and operational efficiency, further bolstering its revenue potential.

Kingkey Financial International (Holdings) Ltd. Financial Statement Overview

Summary

The company shows strong revenue growth but faces significant challenges with profitability and cash flow. The balance sheet is stable with low leverage, but negative return on equity and operational inefficiencies are concerning.

Income Statement

The company has shown a significant revenue growth rate of 21.44% in the latest year, which is a positive sign. However, the profitability metrics are concerning, with a negative net profit margin of -51.23% and negative EBIT and EBITDA margins, indicating operational inefficiencies and high costs relative to revenue.

Balance Sheet

The debt-to-equity ratio is relatively low at 0.086, suggesting a conservative use of leverage. However, the return on equity is negative at -13.18%, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio is not explicitly provided, but the low leverage suggests a stable capital structure.

Cash Flow

The company has experienced a substantial increase in free cash flow growth, but the operating cash flow is negative, leading to a negative operating cash flow to net income ratio. The free cash flow to net income ratio is slightly above 1, indicating that free cash flow is covering net income, albeit with challenges in operational cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	187.96M	228.26M	330.42M	331.31M	127.04M	148.64M
Gross Profit	41.24M	73.58M	58.40M	122.69M	85.99M	95.91M
EBITDA	-96.98M	-100.98M	-715.12M	-1.10B	-46.11M	16.78M
Net Income	-621.13M	-116.94M	-551.25M	-1.16B	-73.13M	-8.44M
Balance Sheet
Total Assets	966.76M	1.19B	866.60M	1.78B	1.32B	915.58M
Cash, Cash Equivalents and Short-Term Investments	164.71M	151.10M	118.58M	111.05M	174.04M	48.09M
Total Debt	146.26M	76.20M	159.57M	203.81M	251.01M	235.37M
Total Liabilities	410.41M	305.42M	461.59M	1.41B	525.97M	489.75M
Stockholders Equity	561.54M	887.37M	406.10M	240.54M	790.29M	425.83M
Cash Flow
Free Cash Flow	-56.31M	-435.17M	49.03M	155.78M	-212.76M	-52.00M
Operating Cash Flow	-56.03M	-432.62M	70.56M	186.09M	-211.75M	-46.44M
Investing Cash Flow	-17.10M	-19.15M	-18.46M	-119.31M	-144.08M	-30.66M
Financing Cash Flow	199.12M	483.58M	-44.45M	-79.57M	434.79M	79.42M

Kingkey Financial International (Holdings) Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.26
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1468, the sentiment is Positive. The current price of 0.26 is above the 20-day moving average (MA) of 0.25, above the 50-day MA of 0.25, and below the 200-day MA of 0.41, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.94 is Neutral, neither overbought nor oversold. The STOCH value of 67.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1468.

Kingkey Financial International (Holdings) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$10.74B	15.86	8.15%	2.00%	2.70%	-15.17%
1468	51 Neutral	HK$442.88M	―	-17.78%	―	-30.92%	85.46%
8227	―	HK$442.15M	―		―	―	―
ICHA	―	€162.37M	―		―	―	―
W2T1	―	€43.49M	―	-4.03%	―	―	―
8162	65 Neutral	HK$537.45M	13.92	58.27%	―	41.04%	84.76%
0132	51 Neutral	HK$410.96M	160.00	-4.32%	2.42%	-1.50%	-96.83%

Kingkey Financial International (Holdings) Ltd. Corporate Events

Kingkey Financial Proposes Amendments to Align with Regulatory Changes

Kingkey Financial International (Holdings) Limited has announced proposed amendments to its existing memorandum and articles of association. These changes aim to reflect a proposed company name change and align with the latest regulatory requirements, including the expanded paperless listing regime and electronic dissemination of corporate communications. The proposed amendments will be subject to shareholder approval at the upcoming annual general meeting scheduled for September 4, 2025.

Kingkey Financial Announces AGM with Key Resolutions

Kingkey Financial International (Holdings) Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for September 4, 2025, in Hong Kong. The AGM will address ordinary resolutions including the adoption of audited financial statements, re-election of directors, re-appointment of auditors, and granting the board a mandate to issue shares. These resolutions are crucial for maintaining corporate governance and ensuring the company’s strategic flexibility in capital management.

Kingkey Financial Completes Strategic Share Subscription in Amber International

Kingkey Financial International (Holdings) Limited has completed a discloseable transaction involving the subscription of 5,741,575 Class A Ordinary Shares in Amber International Holding Limited. This acquisition, representing approximately 1.226% of Amber’s issued share capital, will not affect the financial consolidation of Kingkey Financial’s accounts, indicating a strategic investment move without immediate operational integration.

Kingkey Financial Clarifies Share Subscription Details

Kingkey Financial International (Holdings) Limited announced a supplemental clarification regarding its subscription of shares in Amber International Holding Limited. The company clarified the structure and pricing of Class A Ordinary Shares and American Depositary Shares (ADSs), with each ADS representing five Class A Ordinary Shares. The subscription price is set at US$2.09 per Class A Ordinary Share, translating to US$10.45 per ADS. This announcement aims to provide a clearer understanding of the transaction details for stakeholders.

Kingkey Financial Acquires Stake in Independent Issuer

Kingkey Financial International (Holdings) Limited, a company incorporated in the Cayman Islands, has entered into a Subscription Agreement to acquire approximately 1.252% of the issued share capital of an independent third-party issuer. The transaction involves a consideration of approximately US$12.0 million, translating to a subscription price of US$2.09 per share. This acquisition will not consolidate the financial results of the issuer into Kingkey Financial’s accounts. The shares acquired are eligible for conversion into American Depositary Receipts traded on NASDAQ Global Market. The transaction is classified as a discloseable transaction under the Listing Rules, necessitating reporting and announcement requirements.

Kingkey Financial Announces Further Delay in Acquisition Circular Dispatch

Kingkey Financial International (Holdings) Ltd. announced a further delay in the dispatch of a circular related to its acquisition of an 80% equity interest in a target company. The delay is due to the need for additional time to prepare and finalize necessary information, with the new expected dispatch date set on or before 28 July 2025. This postponement may impact stakeholders by extending the timeline for completing the acquisition process.

Kingkey Financial Reports Significant Loss Amidst Financial Challenges

Kingkey Financial International (Holdings) Ltd. reported its annual results for the year ended March 31, 2025, showing a significant loss of HK$123.5 million, a decrease from the previous year’s loss of HK$687.4 million. Despite an increase in gross profit, the company faced challenges with impairment losses and administrative expenses, impacting its overall financial performance.

Kingkey Financial Projects Reduced Net Loss for FY2025

Kingkey Financial International (Holdings) Limited has issued a profit warning, indicating an expected net loss of no more than HK$125.0 million for the fiscal year ending March 31, 2025. This marks a significant improvement from the previous year’s net loss of approximately HK$687.4 million. The reduction in net loss is primarily due to the absence of a one-off non-cash impairment loss recorded in the previous year and the lack of a fair value gain on contingent consideration payable, which partially offset the financial performance improvement.

Kingkey Financial Announces Executive Director Resignation

Kingkey Financial International (Holdings) Limited announced the resignation of Ms. Cheung Pui Ki Gloria as an executive director, effective June 17, 2025. Ms. Cheung is stepping down to focus on other business commitments and has no disagreements with the board. The board expressed gratitude for her contributions during her tenure.

Kingkey Financial Announces Board Composition and Roles

Kingkey Financial International (Holdings) Limited has announced the composition of its board of directors and their respective roles within the company. The board consists of executive directors Mr. Mong Cheuk Wai, who serves as Chairman, and Mr. Leung Siu Kee, along with independent non-executive directors Ms. Mak Yun Chu, Mr. Hung Wai Che, and Mr. Chan Ting Fung. The announcement also details the membership of the board members in three key committees: Audit, Remuneration, and Nomination, highlighting the leadership roles within these committees.

Kingkey Financial to Announce Annual Results and Dividend Decision

Kingkey Financial International (Holdings) Limited has announced a board meeting scheduled for June 26, 2025, to discuss and approve the audited annual results for the fiscal year ending March 31, 2025, and to consider the declaration of a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.

Kingkey Financial Delays Circular Dispatch for Major Acquisition

Kingkey Financial International (Holdings) Limited announced a delay in the dispatch of a circular related to its acquisition of an 80% equity interest in a target company. The delay, extending the dispatch date to on or before June 28, 2025, is due to the need for additional time to finalize certain information. This postponement may impact the timeline for shareholder engagement and the completion of the acquisition process.

Kingkey Financial Proposes Name Change to Reflect New Strategy

Kingkey Financial International (Holdings) Limited has announced a proposed change of its English name to Jakota Capital (Holding) Group, reflecting its strategic direction and future business development goals. The change, pending shareholder approval and regulatory consent, is intended to provide a fresh corporate image without affecting shareholder rights or the company’s daily operations.