TradeGo FinTech Ltd. (8017) AI Stock Analysis

• Market Cap: HK$1.14B
• Dividend Yield: N/A
• Average Volume (3M): 7.10M
• Price to Earnings (P/E): 16.5
• Beta (1Y): 1.21
• Revenue Growth: 97.38%
• EPS Growth: 656.03%
• Country: HK
• Employees: 147
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 0.10
• Shares Outstanding: 680,000,000
• 10 Day Avg. Volume: 4,588,400
• 30 Day Avg. Volume: 7,104,810
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: HK$2.00 ▲(13.64% Upside)

TradeGo FinTech Ltd. scores well due to its strong financial performance, characterized by high revenue growth and profitability. However, mixed technical indicators and a reasonable valuation suggest a balanced outlook. The absence of earnings call and corporate events data limits additional insights.

TradeGo FinTech Ltd. Business Overview & Revenue Model

Company Description

TradeGo FinTech Limited, an investment holding company, provides integrated securities trading platform services to brokerage firms and their clients in Hong Kong and the People's Republic of China. The company engages in the development of TradeGo Pro, an open securities trading platform software. Its platform offers various services, such as front office trading system services to support trading of a range of financial instruments, including equities, ETFs, futures, options, warrants, and derivatives; market data services; hosting and cloud infrastructure services; software as a service services; and other value added services. The company also holds market data vendor licenses from five stock and future exchanges, as well as provides a range of real-time market data feeds from these exchanges. In addition, it develops computer hardware and software technology. The company was founded in 2010 and is headquartered in Central, Hong Kong.

How the Company Makes Money

TradeGo FinTech Ltd. generates revenue primarily through the sale of its proprietary trading platforms and software solutions, which are offered on a subscription basis or as one-time licenses. The company also earns income from transaction fees charged on trades executed through its platforms. Additionally, TradeGo monetizes its market data services by providing real-time analytics and insights to clients, further diversifying its revenue streams. Strategic partnerships with financial institutions and other fintech companies enhance its offerings and expand its market reach, contributing significantly to its overall earnings.

TradeGo FinTech Ltd. Financial Statement Overview

Summary

TradeGo FinTech Ltd. demonstrates strong financial health with impressive revenue growth, high profitability margins, a solid balance sheet with minimal leverage, and excellent cash generation capabilities.

Income Statement

TradeGo FinTech Ltd. has demonstrated impressive revenue growth with an 85.39% increase in the latest year, indicating strong market demand and expansion. The company maintains high profitability with a gross profit margin of 87.91% and a net profit margin of 49.30%, showcasing efficient cost management. EBIT and EBITDA margins are also robust at 52.96% and 62.85%, respectively, reflecting strong operational performance.

Balance Sheet

The company's balance sheet is solid, with a low debt-to-equity ratio of 0.01, indicating minimal leverage and financial risk. Return on equity is high at 34.88%, reflecting effective use of shareholder funds to generate profits. The equity ratio stands at 82.23%, suggesting a strong capital structure with significant equity financing.

Cash Flow

TradeGo FinTech Ltd. has achieved substantial free cash flow growth of 208.04%, highlighting strong cash generation capabilities. The operating cash flow to net income ratio is 1.78, indicating efficient conversion of earnings into cash. The free cash flow to net income ratio of 0.86 further supports the company's ability to generate cash relative to its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	69.96M	129.70M	65.71M	97.98M	82.28M	64.95M
Gross Profit	21.11M	114.02M	54.31M	47.45M	40.99M	30.15M
EBITDA	-3.69M	81.52M	20.63M	43.09M	39.84M	30.09M
Net Income	5.25M	63.95M	8.48M	26.32M	25.26M	20.58M
Balance Sheet
Total Assets	190.16M	222.94M	158.66M	170.82M	214.73M	107.62M
Cash, Cash Equivalents and Short-Term Investments	123.49M	176.96M	123.97M	134.67M	160.94M	80.32M
Total Debt	6.70M	2.51M	8.40M	12.52M	13.90M	1.86M
Total Liabilities	54.30M	37.46M	25.39M	45.94M	71.04M	24.77M
Stockholders Equity	132.56M	183.32M	129.50M	121.96M	140.12M	82.85M
Cash Flow
Free Cash Flow	18.60M	57.31M	-2.51M	23.43M	49.18M	22.76M
Operating Cash Flow	18.65M	66.42M	6.30M	32.80M	62.33M	29.57M
Investing Cash Flow	-7.66M	2.92M	-11.10M	-8.48M	-14.14M	-2.20M
Financing Cash Flow	-10.85M	-18.20M	-6.57M	-45.69M	30.65M	-1.67M

TradeGo FinTech Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.76
• 50DMA: Negative
• 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:8017, the sentiment is Negative. The current price of 1.76 is below the 20-day moving average (MA) of 1.89, below the 50-day MA of 2.04, and above the 200-day MA of 0.96, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 43.03 is Neutral, neither overbought nor oversold. The STOCH value of 61.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8017.

TradeGo FinTech Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8017	―	HK$1.14B	16.51	40.88%	―	97.38%	656.03%
8062	―	HK$141.60M	25.21	4.10%	7.02%	-26.14%	-82.03%
1410	―	HK$421.77M	17.21	14.10%	―	17.43%	-17.01%
3773	―	HK$722.10M	29.00	7.35%	―	12.63%	-37.50%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
8420	―	HK$39.06M	―	-75.20%	―	24.41%	-150.25%
8613	―	HK$131.08M	-3.78	-380.55%	―	13.08%	8.63%