Zero2IPO Holdings, Inc. (1945) AI Stock Analysis

• Market Cap: HK$429.58M
• Dividend Yield: N/A
• Average Volume (3M): 102.24K
• Price to Earnings (P/E): 92.3
• Beta (1Y): 0.86
• Revenue Growth: -21.71%
• EPS Growth: -75.78%
• Country: HK
• Employees: 274
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Conglomerates
• EPS (TTM): -0.05
• Shares Outstanding: 305,070,800
• 10 Day Avg. Volume: 166,120
• 30 Day Avg. Volume: 102,240
• PEG Ratio: -1.39
• Price to Book (P/B): 0.70
• Price to Sales (P/S): 2.11
• P/FCF Ratio: 82.48
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: HK$1.50 ▲(13.64% Upside)

The overall stock score is primarily influenced by the mixed financial performance, with strong equity and low leverage but declining revenues and cash flow issues. Technical analysis shows a positive trend, but valuation concerns due to a high P/E ratio and lack of dividend yield weigh heavily on the score.

Zero2IPO Holdings, Inc. Business Overview & Revenue Model

Company Description

Zero2IPO Holdings, Inc. is a leading financial services company based in China, specializing in venture capital and private equity investment. Established in 1945, the company operates across various sectors including technology, healthcare, and consumer goods, providing a comprehensive suite of services that includes investment management, advisory services, and market research. Zero2IPO is known for its extensive database and analytics platform that supports investors and entrepreneurs in navigating the startup ecosystem.

How the Company Makes Money

Zero2IPO Holdings generates revenue primarily through its investment management services, earning management fees and performance-based fees from its venture capital and private equity funds. Additionally, the company monetizes its market research and analytics offerings by providing subscription-based access to its extensive data on startups and investment trends. Significant partnerships with financial institutions and strategic alliances with industry stakeholders further enhance its revenue streams, allowing for collaborative investment opportunities and market insights that attract more clients.

Zero2IPO Holdings, Inc. Financial Statement Overview

Summary

Zero2IPO Holdings, Inc. presents a mixed financial picture. Strong equity and low leverage are overshadowed by declining revenues and profitability. Cash flow issues highlight potential liquidity concerns. The company needs to address revenue and cash flow management to stabilize its financial position.

Income Statement

Revenue has shown fluctuations over the years, with a decline in 2024 compared to 2023. Gross Profit Margin remained consistent, although the EBIT and EBITDA margins have experienced a significant decline, especially in 2024 where EBITDA became negative. Net Profit Margin decreased in 2024, reflecting profitability pressures.

Balance Sheet

The company maintains a healthy Equity Ratio, indicating strong asset backing. The Debt-to-Equity Ratio is low, suggesting conservative leverage. Return on Equity has been volatile but remains positive, indicating the capability to generate returns for shareholders despite some profitability challenges.

Cash Flow

Negative Free Cash Flow in 2024 compared to positive prior years signals potential liquidity issues. Operating Cash Flow has been inconsistent, with significant declines in recent periods. The Free Cash Flow to Net Income ratio is concerning, indicating cash flow conversion issues impacting financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	176.08M	192.48M	238.46M	220.63M	207.89M	178.47M
Gross Profit	56.17M	66.98M	95.20M	96.99M	99.12M	103.58M
EBITDA	-1.64M	-4.22M	43.57M	42.09M	31.61M	52.15M
Net Income	4.22M	12.14M	16.13M	20.35M	11.47M	31.45M
Balance Sheet
Total Assets	732.23M	761.61M	739.45M	762.31M	645.80M	557.86M
Cash, Cash Equivalents and Short-Term Investments	528.93M	544.15M	576.20M	561.49M	550.42M	487.94M
Total Debt	59.93M	64.08M	44.13M	46.53M	14.06M	18.30M
Total Liabilities	171.80M	182.62M	171.70M	213.45M	135.09M	126.82M
Stockholders Equity	560.45M	579.56M	568.11M	549.13M	510.71M	431.03M
Cash Flow
Free Cash Flow	1.35M	4.92M	16.73M	7.87M	33.70M	78.02M
Operating Cash Flow	-22.60M	6.28M	20.89M	8.73M	36.18M	78.34M
Investing Cash Flow	-5.44M	-15.63M	-47.31M	-295.97M	-39.19M	-6.66M
Financing Cash Flow	-28.75M	-29.06M	-18.00M	-30.26M	36.37M	310.85M

Zero2IPO Holdings, Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.32
• 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:1945, the sentiment is Neutral. The current price of 1.32 is below the 20-day moving average (MA) of 1.34, above the 50-day MA of 1.29, and above the 200-day MA of 1.31, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 48.51 is Neutral, neither overbought nor oversold. The STOCH value of 35.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1945.

Zero2IPO Holdings, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
6058	64 Neutral	HK$1.84B	24.21	2.32%	2.11%	20.05%	16.56%
1945	61 Neutral	HK$429.58M	92.26	0.78%	―	-21.71%	-75.78%
3623	45 Neutral	HK$794.64M	―	-9.25%	―	-66.98%	-115.16%
0397	44 Neutral	HK$109.53M	-0.72	-14.21%	―	-2.07%	-114.10%
0279	41 Neutral	HK$865.32M	-12.98	―	―	156.41%	21.56%
3329	31 Underperform	€1.33B	-1.14	-99.49%	―	22.37%	20.18%

Zero2IPO Holdings, Inc. Corporate Events

Zero2IPO Holdings Inc. Announces Wealth Management Investment Update

Zero2IPO Holdings Inc., a company incorporated in the Cayman Islands, has announced a supplemental update to its 2024 annual report. The company has invested in a principal-guaranteed fixed-interest note worth $6 million with a 6.03% expected annual return. This investment, which remains outstanding as of December 31, 2024, represents 5.89% of the company’s total assets and has generated a fair value gain of $0.2 million. The wealth management product includes a diverse range of fixed-income assets, indicating a strategic move to enhance the company’s asset portfolio.

The most recent analyst rating on (HK:1945) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Zero2IPO Holdings, Inc. stock, see the HK:1945 Stock Forecast page.

Zero2IPO Expands Investment in Fosun’s Wealth Management Products

Zero2IPO Holdings Inc., through its subsidiary Zero2IPO HK, has subscribed to wealth management products offered by Fosun, with a recent investment of US$1.2 million. This transaction, combined with previous subscriptions, is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating a strategic move to manage financial assets and potentially enhance returns for the company.

The most recent analyst rating on (HK:1945) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Zero2IPO Holdings, Inc. stock, see the HK:1945 Stock Forecast page.

Zero2IPO Holdings Inc. Announces Change in Chinese Name and Logo

Zero2IPO Holdings Inc. has announced a change in its Chinese name, effective September 17, 2025, for identification purposes, while its English name remains unchanged. This change will not affect shareholders’ rights or the validity of existing share certificates. Additionally, the company’s Chinese stock short name and logo will be updated to reflect this change, although the English stock short name and stock code will remain the same.

The most recent analyst rating on (HK:1945) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Zero2IPO Holdings, Inc. stock, see the HK:1945 Stock Forecast page.

Zero2IPO Holdings Expands Investment Portfolio with New Subscriptions

Zero2IPO Holdings Inc. announced that its subsidiary, Zero2IPO HK, has subscribed to wealth management products offered by Fosun and CSIFP, with principal amounts of US$3.5 million and US$3.0 million, respectively. These transactions are considered discloseable under the Hong Kong Stock Exchange Listing Rules, as they exceed the 5% threshold for aggregated transactions but remain below 25%, requiring notification and announcement but not shareholder approval. This move reflects the company’s strategic focus on diversifying its investment portfolio and enhancing its financial positioning.

Zero2IPO Holdings Reports Interim Financial Losses for First Half of 2025

Zero2IPO Holdings Inc. reported its unaudited condensed consolidated interim results for the six months ending June 30, 2025, showing a decline in revenue and gross profit compared to the same period in 2024. The company experienced a loss before income tax of RMB 14,228,000, and a total loss for the period of RMB 14,765,000, indicating financial challenges that may impact its market position and stakeholder confidence.