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China Success Finance Group Holdings Ltd. (HK:3623)
:3623
Hong Kong Market
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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 41 (OpenAI - 5.2)
Rating:41Neutral
Price Target:
HK$0.43
▼(-66.92% Downside)
Action:Reiterated
Date:06/10/26
The score is weighed down primarily by weak financial performance (persistent losses, negative margins, and declining 2025 free cash flow) and bearish technicals (price below key moving averages with negative MACD and very weak RSI/Stoch). Valuation offers limited support because the negative P/E reflects continuing unprofitability.
Positive Factors
Balance sheet leverage improved
Meaningful year-over-year deleveraging (debt-to-equity ~0.41) and a sizable equity cushion reduce solvency risk and increase financial flexibility. That structural improvement makes the firm better positioned to withstand shocks, access financing, or execute restructuring over the next several months.
Negative Factors
Persistent unprofitability
Continuous annual net losses and deeply negative margins indicate the business model has not converted revenue into sustainable profit. Prolonged unprofitability erodes capital, limits internal reinvestment, and raises the structural risk that the company cannot self-fund growth without material change.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet leverage improved
Meaningful year-over-year deleveraging (debt-to-equity ~0.41) and a sizable equity cushion reduce solvency risk and increase financial flexibility. That structural improvement makes the firm better positioned to withstand shocks, access financing, or execute restructuring over the next several 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
As an investment holding company, China Success Finance Group Holdings Limited provides a comprehensive suite of financial services throughout the People's Republic of China. These services encompass a broad range of guarantees, including those fo...
How the Company Makes Money
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China Success Finance Group Holdings Ltd. Financial Statement Overview

Summary
Overall fundamentals are pressured by persistent net losses and deeply negative margins despite strong 2025 revenue growth. Balance sheet leverage improved (debt-to-equity down to ~0.41) with a meaningful equity cushion, and operating cash flow has been positive since 2023, but 2025 free cash flow fell sharply (~-49.7% YoY) and remains low, indicating fragile cash generation.
Income Statement
18
Very Negative
Balance Sheet
55
Neutral
Cash Flow
42
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue43.40M66.90M22.74M91.99M108.90M
Gross Profit-3.12M-28.14M-42.87M-90.02M-51.18M
EBITDA-7.93M-17.31M-33.08M-72.13M-54.18M
Net Income-23.85M-39.12M-33.42M-74.18M-71.18M
Balance Sheet
Total Assets546.93M558.74M644.94M739.55M922.18M
Cash, Cash Equivalents and Short-Term Investments220.47M49.40M26.17M157.15M128.16M
Total Debt129.67M211.69M174.19M191.19M177.78M
Total Liabilities288.56M321.01M352.83M402.69M512.71M
Stockholders Equity315.75M287.76M324.56M357.04M421.37M
Cash Flow
Free Cash Flow2.46M28.27M8.26M-38.84M-105.67M
Operating Cash Flow2.79M28.82M9.35M-12.76M-88.53M
Investing Cash Flow-6.82M1.68M814.00K-3.76M-14.52M
Financing Cash Flow15.87M-34.79M-27.35M7.96M46.11M

China Success Finance Group Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.30
Price Trends
50DMA
0.59
Negative
100DMA
0.68
Negative
200DMA
0.92
Negative
Market Momentum
MACD
-0.03
Negative
RSI
41.48
Neutral
STOCH
36.11
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 0.49, above the 50-day MA of 0.59, and above the 200-day MA of 0.92, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 41.48 is Neutral, neither overbought nor oversold. The STOCH value of 36.11 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%
67
Neutral
HK$2.40B19.874.31%2.11%12.49%30.74%
56
Neutral
HK$16.50B-9.805.16%108.08%-32883.33%
46
Neutral
HK$2.02B-7.88-99.49%197.30%78.41%
44
Neutral
HK$495.41M-15.30-499.08%59.61%55.73%
43
Neutral
HK$56.50M-0.89425.81%-41.43%-141.36%
41
Neutral
HK$296.41M-10.60-7.35%-33.03%44.53%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3623
China Success Finance Group Holdings Ltd.
0.47
-0.70
-59.83%
HK:0888
Bison Finance Group Limited
0.04
-0.05
-53.41%
HK:3329
BOCOM International Holdings Co. Ltd.
0.74
0.07
10.45%
HK:0279
Arta TechFin Corporation Limited
0.36
-0.53
-59.66%
HK:0290
GoFintech Innovation Limited
1.97
0.20
11.30%
HK:6058
China Industrial Securities International Financial Group Ltd.
0.60
0.02
3.45%

China Success Finance Group Holdings Ltd. Corporate Events

China Success Finance Shareholders Back All AGM Resolutions Unanimously
Jun 30, 2026
China Success Finance Group Holdings Ltd., a Cayman Islands-incorporated financial services company listed on the Hong Kong Stock Exchange, operates in the PRC with a board of five executive and three independent non-executive directors. The group...
China Success Finance Elevates Veteran Executive Xu Kaiying to Vice Chairman
Jun 30, 2026
China Success Finance Group Holdings Ltd. has re-designated executive director Xu Kaiying as vice chairman of the board, effective 30 June 2026, to align its governance structure with strategic development needs. Xu, a long-time shareholder and se...
China Success Finance Outlines Board and Committee Structure
Jun 30, 2026
China Success Finance Group Holdings Ltd. has confirmed the composition of its board of directors, naming Zhang Tiewei as chairman, Xu Kaiying as vice chairman and Li Bin as chief executive officer, alongside other executive and independent non-ex...
China Success Finance Proposes Reappointing Auditor Forvis Mazars With New Fee Range
Jun 10, 2026
China Success Finance Group Holdings has issued a supplemental announcement to its annual general meeting materials, proposing the re-appointment of Forvis Mazars CPA Ltd. as its auditor for the financial year ending 31 December 2026. The audit fi...
China Success Finance Sets 2026 AGM to Renew Director, Auditor and Share Issuance Mandates
Jun 4, 2026
China Success Finance Group Holdings has convened its annual general meeting for 30 June 2026 in Foshan, where shareholders will review the audited consolidated financial statements and reports for the year ended 31 December 2025. The agenda inclu...
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: Jun 10, 2026