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China Success Finance Group Holdings Ltd. (HK:3623)
:3623
Hong Kong Market

China Success Finance Group Holdings Ltd. (3623) AI Stock Analysis

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HK:3623

China Success Finance Group Holdings Ltd.

(3623)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
HK$0.91
▼(-29.85% Downside)
Action:ReiteratedDate:12/30/25
The score is driven primarily by weak financial performance (ongoing net losses and negative returns) and a bearish technical picture (below key moving averages with negative MACD). Recent positive free cash flow and only moderate leverage provide some offset, while valuation is difficult to assess given a negative P/E and no dividend yield data.
Positive Factors
Improved cash generation
Sustained positive operating and free cash flow across 2023–2024 signals operational cash discipline and real cash conversion despite accounting losses. Durable FCF provides flexibility to fund operations, service debt or reallocate capital without requiring immediate equity raises, improving resilience over months.
Negative Factors
Structural unprofitability
Persistently negative margins indicate fundamental issues in pricing, cost structure, or business mix that are not easily fixed by short-term measures. Continued structural unprofitability depletes equity, limits reinvestment, and requires sustained external funding or major business change to restore durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved cash generation
Sustained positive operating and free cash flow across 2023–2024 signals operational cash discipline and real cash conversion despite accounting losses. Durable FCF provides flexibility to fund operations, service debt or reallocate capital without requiring immediate equity raises, improving resilience over months.
Read all positive factors

China Success Finance Group Holdings Ltd. (3623) vs. iShares MSCI Hong Kong ETF (EWH)

China Success Finance Group Holdings Ltd. Business Overview & Revenue Model

Company Description
China Success Finance Group Holdings Ltd. (3623) is a financial services company based in China, primarily engaged in providing a range of financial solutions to small and medium-sized enterprises (SMEs). The company specializes in offering financ...
How the Company Makes Money
China Success Finance Group Holdings Ltd. generates revenue primarily through fees and interest income derived from its financial guarantee services and financial leasing operations. The financial guarantee services involve providing assurance to ...

China Success Finance Group Holdings Ltd. Financial Statement Overview

Summary
Overall fundamentals are constrained by persistently negative profitability (net losses every year shown, structurally negative margins and ROE), partially offset by improved cash generation (operating cash flow and free cash flow positive in 2023–2024) and a balance sheet that is not over-levered (moderate debt-to-equity, positive equity).
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
55
Neutral
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue23.94M66.90M22.74M91.99M108.90M185.16M
Gross Profit-29.07M-28.14M-42.87M-90.02M-51.18M-66.37M
EBITDA-18.72M-17.31M0.000.000.000.00
Net Income-30.38M-39.12M-33.42M-74.18M-71.18M-83.42M
Balance Sheet
Total Assets559.91M558.74M644.94M739.55M922.18M1.20B
Cash, Cash Equivalents and Short-Term Investments63.54M49.40M26.17M157.15M128.16M151.32M
Total Debt133.44M211.69M174.19M191.19M177.78M121.54M
Total Liabilities276.14M321.01M352.83M402.69M512.71M718.97M
Stockholders Equity339.51M287.76M324.56M357.04M421.37M480.36M
Cash Flow
Free Cash Flow4.89M28.27M8.26M-38.84M-105.67M-113.05M
Operating Cash Flow5.53M28.82M9.35M-12.76M-88.53M-26.75M
Investing Cash Flow-386.00K1.68M814.00K-3.76M-14.52M-71.13M
Financing Cash Flow10.92M-34.79M-27.35M7.96M46.11M-7.36M

China Success Finance Group Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.30
Price Trends
50DMA
0.84
Negative
100DMA
1.00
Negative
200DMA
1.13
Negative
Market Momentum
MACD
-0.03
Negative
RSI
37.29
Neutral
STOCH
37.50
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3623, the sentiment is Negative. The current price of 1.3 is above the 20-day moving average (MA) of 0.75, above the 50-day MA of 0.84, and above the 200-day MA of 1.13, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 37.29 is Neutral, neither overbought nor oversold. The STOCH value of 37.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3623.

China Success Finance Group Holdings Ltd. 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%
61
Neutral
HK$1.90B11.854.31%2.11%20.05%16.56%
57
Neutral
HK$507.69M5.8511.51%-21.71%-75.78%
50
Neutral
HK$604.45M-18.77-499.08%191.15%-1.98%
46
Neutral
HK$274.48M-2.0857.12%-20.98%-7.44%
46
Neutral
HK$902.35M-3.60-99.49%22.37%20.18%
44
Neutral
HK$466.69M-159.37-9.69%-66.98%-115.16%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3623
China Success Finance Group Holdings Ltd.
0.74
-0.02
-2.63%
HK:8029
Imperium Financial Group Limited
0.98
0.48
96.00%
HK:3329
BOCOM International Holdings Co. Ltd.
0.33
0.08
32.53%
HK:1945
Zero2IPO Holdings, Inc.
1.69
0.49
40.83%
HK:0279
Arta TechFin Corporation Limited
0.48
-0.13
-20.83%
HK:6058
China Industrial Securities International Financial Group Ltd.
0.48
0.25
107.42%
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 30, 2025