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BOCOM International Holdings Co. Ltd. (HK:3329)
:3329
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BOCOM International Holdings Co. Ltd. (3329) AI Stock Analysis

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HK

BOCOM International Holdings Co. Ltd.

(Frankfurt:3329)

Rating:31Underperform
Price Target:
BOCOM International Holdings Co. Ltd. faces significant financial difficulties, with declining revenue, profitability, and cash flow. High leverage and a weak technical position further compound investor concerns. Valuation metrics indicate struggles, making it a challenging investment proposition without a clear turnaround strategy.

BOCOM International Holdings Co. Ltd. (3329) vs. iShares MSCI Hong Kong ETF (EWH)

BOCOM International Holdings Co. Ltd. Business Overview & Revenue Model

Company DescriptionBOCOM International Holdings Co. Ltd. (3329) is a financial services company headquartered in Hong Kong. It operates as the international investment banking and securities arm of the Bank of Communications Co., Ltd. The company provides a wide range of financial services including securities brokerage, corporate finance, asset management, and investment advisory services. BOCOM International is dedicated to offering comprehensive financial solutions to institutional and individual investors globally.
How the Company Makes MoneyBOCOM International generates revenue primarily through its diverse financial services offerings. Key revenue streams include commission and fee income from its securities brokerage services, advisory fees from corporate finance activities such as underwriting and mergers and acquisitions, and management fees from its asset management operations. Additionally, the company earns interest income from its margin lending activities. Strategic partnerships with financial institutions and an extensive client network bolster its earnings by expanding its service reach and client base.

BOCOM International Holdings Co. Ltd. Financial Statement Overview

Summary
BOCOM International Holdings Co. Ltd. is facing significant financial challenges, with declining revenues, profitability, and cash flow stability. High leverage and reduced equity buffer increase financial risk. The company needs to address these issues to improve its financial health and return to profitability.
Income Statement
20
Very Negative
The company has experienced a significant decline in revenue and profitability over the past few years. Gross profit and net income have turned negative, indicating severe profitability issues. Revenue growth is negative, suggesting a challenging operating environment and potential market share losses.
Balance Sheet
35
Negative
The company has a high debt-to-equity ratio, indicating significant financial leverage. The equity ratio has been declining, reflecting reduced financial stability. However, cash reserves remain relatively healthy compared to short-term liabilities, providing some liquidity cushion.
Cash Flow
10
Very Negative
Cash flow from operations has been volatile, with a recent trend of negative free cash flow growth. The company has struggled to convert operating profits into cash, which poses risks for future investments and debt repayment.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue-326.04M-131.54M818.92M1.69B2.20B
Gross Profit-326.04M-279.81M670.27M1.52B2.04B
EBITDA0.000.00-1.75B748.77M1.48B
Net Income-1.23B-1.47B-2.98B262.42M843.15M
Balance Sheet
Total Assets14.52B18.21B24.66B32.66B23.36B
Cash, Cash Equivalents and Short-Term Investments1.58B1.30B11.05B15.23B12.90B
Total Debt6.78B14.29B18.49B22.36B13.82B
Total Liabilities13.63B16.41B21.99B25.24B15.58B
Stockholders Equity882.75M1.80B2.68B6.81B7.31B
Cash Flow
Free Cash Flow1.01B1.21B-363.08M2.79B-262.58M
Operating Cash Flow1.04B1.25B-292.87M2.80B-240.65M
Investing Cash Flow1.48B2.61B1.46B-9.82B1.82B
Financing Cash Flow-2.55B-4.32B-4.09B7.79B2.77B

BOCOM International Holdings Co. Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.62
Price Trends
50DMA
0.37
Positive
100DMA
0.33
Positive
200DMA
0.32
Positive
Market Momentum
MACD
0.10
Negative
RSI
57.52
Neutral
STOCH
30.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3329, the sentiment is Positive. The current price of 0.62 is above the 20-day moving average (MA) of 0.52, above the 50-day MA of 0.37, and above the 200-day MA of 0.32, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 57.52 is Neutral, neither overbought nor oversold. The STOCH value of 30.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3329.

BOCOM International Holdings Co. Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
HK$455.07B18.058.44%0.17%17.45%8.24%
64
Neutral
$180.85B9.859.25%0.21%-25.29%17.94%
58
Neutral
HK$91.42B5.42-3.21%4.84%7.36%-55.21%
50
Neutral
HK$55.39B160.162.31%0.72%37.06%72.51%
31
Underperform
HK$1.83B-91.79%-48.07%16.21%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3329
BOCOM International Holdings Co. Ltd.
0.59
0.35
145.83%
HK:1788
Guotai Junan International Holdings Limited
5.83
5.24
893.19%
HK:6030
CITIC Securities Co
27.60
16.59
150.64%
HK:6886
Huatai Securities Co
17.34
9.52
121.74%

BOCOM International Holdings Co. Ltd. Corporate Events

BOCOM International Announces Board Changes with New Director Appointment
Apr 24, 2025

BOCOM International Holdings Co. Ltd. announced a change in its board of directors, with Mr. TSE Yung Hoi resigning as an independent non-executive director to focus on other business commitments. Mr. PU Yonghao has been appointed as the new independent non-executive director, bringing extensive experience in economics and investment management. This change is expected to bring fresh insights and strengthen the company’s strategic direction, potentially impacting its market positioning and stakeholder relations positively.

BOCOM International Updates Board of Directors and Roles
Apr 24, 2025

BOCOM International Holdings Co. Ltd. has announced the updated list of its Board of Directors and their roles, effective from April 24, 2025. This announcement highlights the leadership structure, which includes a mix of non-executive, executive, and independent non-executive directors, indicating a strategic focus on governance and risk management. The update may impact the company’s operational strategies and stakeholder confidence, reflecting its commitment to maintaining robust oversight and strategic direction.

BOCOM International Acquires PERTIJ Notes for Strategic Investment
Apr 14, 2025

BOCOM International Holdings Co. Ltd. announced a discloseable transaction involving the acquisition of PERTIJ Notes II valued at approximately US$2.84 million. This acquisition, along with a previous acquisition of PERTIJ Notes I, is part of a strategic move to utilize the company’s capital resources for stable investment returns. The transactions are considered fair, reasonable, and in line with the company’s ordinary business operations, providing long-term investment opportunities for the group.

BOCOM International Acquires Second Batch of MUFG Notes
Apr 10, 2025

BOCOM International Holdings Co. Ltd. announced the acquisition of a second batch of MUFG Notes for approximately US$4.08 million, funded through internal resources. This acquisition, along with a previous one, is considered a discloseable transaction under Hong Kong’s Listing Rules due to the aggregated percentage ratios. The MUFG Notes, issued by a Japanese bank holding company, are listed on the Luxembourg Stock Exchange and Börse Stuttgart, and were acquired from Jefferies.

BOCOM International Updates Board Leadership to Strengthen Governance
Mar 31, 2025

BOCOM International Holdings Co. Ltd. has announced the updated list of its Board of Directors and their roles, effective March 31, 2025. This update includes the appointment of Mr. XIAO Ting as Chairman and Mr. XIE Jie as Chief Executive Officer. The announcement reflects the company’s strategic focus on strengthening its leadership team to enhance governance and risk management, potentially impacting its market positioning and stakeholder confidence positively.

BOCOM International Announces Director Resignation
Mar 31, 2025

BOCOM International Holdings Co. Ltd. announced the resignation of Mr. SHAN Zengjian from his position as a non-executive director, effective March 31, 2025, due to work reassignment. Mr. SHAN will also step down from his roles in the Strategy and Risk Management Committee, the Audit Committee, and the Remuneration Committee. The company expressed gratitude for Mr. SHAN’s contributions during his tenure, and his departure is not expected to cause any disagreements or issues requiring shareholder attention.

BOCOM International Expands Investment Portfolio with New Acquisition
Mar 25, 2025

BOCOM International Holdings Co. Ltd. announced the acquisition of the second batch of DHB Notes by its wholly-owned subsidiary, Preferred Investment, for approximately US$5.07 million. This acquisition, along with a previous purchase, is considered a discloseable transaction under Hong Kong’s Listing Rules, as the aggregated percentage ratios exceed 5% but are less than 25%. The acquisition is funded through internal resources and involves notes issued by an entity linked to Doha Bank, listed on the London Stock Exchange. This move signifies BOCOM’s strategic investment activities, potentially enhancing its market position and offering stakeholders insights into its financial maneuvers.

BOCOM International Reports 2024 Financial Results with Reduced Losses
Mar 20, 2025

BOCOM International Holdings Co. Ltd. announced its audited financial results for the year ending December 31, 2024, revealing a significant operating loss of HK$1,235,239,000, compared to the previous year’s loss. Despite a decrease in revenue and other income, the company managed to reduce its total expenses, indicating efforts to streamline operations amidst challenging market conditions. The results reflect ongoing pressures in the financial services industry, impacting stakeholders and potentially influencing future strategic decisions.

BOCOM International Announces Board Meeting for Annual Results Approval
Mar 10, 2025

BOCOM International Holdings Co. Ltd. has announced a board meeting scheduled for March 20, 2025, to approve the company’s annual results for the year ending December 31, 2024, and to consider the recommendation of a final dividend. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and potential dividend payouts, impacting investor confidence and market positioning.

BOCOM International Enters Second Digital RMB Marketing Agreement
Mar 4, 2025

BOCOM International Holdings Co. Ltd. has entered into a Second Digital RMB Marketing Service Framework Agreement with BOCOM, a substantial shareholder, to provide various marketing services from March 2025 to March 2026. This agreement involves continuing connected transactions under the Hong Kong Listing Rules, requiring reporting and annual review but exempting independent shareholder approval due to the applicable percentage ratio.

BOCOM International Acquires PIF Notes for Strategic Investment
Feb 24, 2025

BOCOM International Holdings Co. Ltd. announced a discloseable transaction involving the acquisition of PIF Notes II for approximately US$5,008,229.17. This transaction, alongside a previous acquisition of PIF Notes I, is part of a series of transactions subject to the Listing Rules. Both acquisitions were funded using internal resources and are aimed at providing the company with long-term investment opportunities and stable returns.

BOCOM International Expands Investment Portfolio with QNBK Notes Acquisition
Feb 20, 2025

BOCOM International Holdings Co. Ltd., through its wholly-owned subsidiary Preferred Investment, has acquired QNBK Notes worth a total of approximately US$15,012,000. This acquisition constitutes a discloseable transaction under Hong Kong’s listing rules due to its applicable percentage ratio. By funding this acquisition with internal resources, BOCOM International strengthens its investment portfolio, potentially enhancing its market positioning in the financial services sector. The notes, issued by a subsidiary of Qatar’s QNB, are listed on the London and Taiwan Stock Exchanges, indicating a strategic move to diversify investment avenues.

BOCOM International Acquires KSA Sovereign Notes, Enhancing Investment Portfolio
Feb 17, 2025

BOCOM International Holdings Co. Ltd. announced a discloseable transaction involving the acquisition of US$5 million in KSA Notes II, issued by the Kingdom of Saudi Arabia, through its wholly-owned subsidiary Preferred Investment. This acquisition, combined with a previous purchase of KSA Notes I, amounts to a series of transactions requiring disclosure under Hong Kong’s Listing Rules. Funded by internal resources, these acquisitions enhance BOCOM’s portfolio within the investment and asset management sectors, potentially impacting its market position and offering stakeholders a strategic investment in Saudi Arabia’s sovereign debt.

BOCOM International Expands Investment Portfolio with New Acquisition
Feb 17, 2025

BOCOM International Holdings Co. Ltd. announced the acquisition of Nomura Notes II valued at approximately US$5,069,432.75. This transaction, along with a previous acquisition, constitutes a discloseable transaction under Hong Kong’s Listing Rules due to their aggregated values exceeding the 5% threshold. The acquisitions reflect BOCOM’s strategic investment activities using internal resources, potentially enhancing its portfolio and market positioning in the investment management sector.

BOCOM International Announces Discloseable Acquisition of EBIUH Notes
Feb 14, 2025

BOCOM International Holdings Co. Ltd. announced a discloseable transaction involving the acquisition of EBIUH Notes II with a principal amount of US$5 million. This acquisition follows a previous purchase of EBIUH Notes I, and the transactions are aggregated under the Listing Rules as they occurred within a twelve-month period. The acquisitions were funded using the company’s internal resources, and they reflect BOCOM International’s ongoing strategic investments in financial instruments, potentially strengthening their market position.

BOCOM International Announces Discloseable Transaction in Note Acquisition
Feb 10, 2025

BOCOM International Holdings Co. Ltd. announced a discloseable transaction involving the acquisition of US$10,000,000 Mizuho Notes II, valued at approximately US$10,023,100, in the over-the-counter market. This acquisition, together with a previous acquisition within the same year, necessitates disclosure under Hong Kong’s Listing Rules due to the aggregate transaction size. The company used internal resources to fund these acquisitions, which are aimed at strengthening its investment portfolio.

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: Apr 23, 2025