tiprankstipranks
Trending News
More News >
TradeGo FinTech Ltd. (HK:8017)
:8017
Hong Kong Market

TradeGo FinTech Ltd. (8017) AI Stock Analysis

Compare
0 Followers

Top Page

HK

TradeGo FinTech Ltd.

(8017)

Rating:61Neutral
Price Target:
TradeGo FinTech Ltd.'s overall stock score reflects strong balance sheet stability but is tempered by recent operational challenges, including decreasing revenue and cash flow inefficiencies. While technical indicators show strong momentum, overbought signals warrant caution. The high P/E ratio suggests overvaluation, which may limit further upside.

TradeGo FinTech Ltd. (8017) vs. iShares MSCI Hong Kong ETF (EWH)

TradeGo FinTech Ltd. Business Overview & Revenue Model

Company DescriptionTradeGo FinTech Ltd. (8017) is a financial technology company that operates primarily in the sectors of financial services and technology. The company specializes in providing innovative solutions and platforms that facilitate trading and investment activities. Its core products include advanced trading platforms, data analytics tools, and financial market information services, designed to enhance the efficiency and effectiveness of trading operations for individual and institutional clients.
How the Company Makes MoneyTradeGo FinTech Ltd. generates revenue through a combination of subscription fees, transaction-based fees, and value-added services. The company charges users subscription fees for access to its advanced trading platforms and data analytics tools. Additionally, TradeGo earns transaction-based fees from clients using its platforms for executing trades. The company may also partner with financial institutions to offer customized solutions, earning revenue through licensing or collaboration agreements. These diverse revenue streams, along with strategic partnerships, contribute significantly to the company's earnings.

TradeGo FinTech Ltd. Financial Statement Overview

Summary
TradeGo FinTech Ltd. demonstrates strong balance sheet stability with high equity ratios and low leverage. However, there are significant weaknesses in revenue growth and cash flow efficiency, which reflect potential operational challenges. The company needs to improve profitability and cash generation to bolster financial health.
Income Statement
55
Neutral
The company experienced a significant decline in revenue from the previous year, with a revenue decrease of 32.94%. The gross profit margin stands at 37.49%, which, while decent, is overshadowed by the net profit margin decline to 12.91%. Historically, the company has demonstrated growth, but the recent downturn suggests volatility.
Balance Sheet
72
Positive
The company maintains a strong equity position, with an equity ratio of 81.63% indicating high financial stability. The debt-to-equity ratio is low at 0.06, showcasing prudent leverage. However, the return on equity has decreased to 6.55%, suggesting reduced profitability on shareholder investments.
Cash Flow
48
Neutral
Cash flow from operations has significantly decreased, affecting the free cash flow, which has turned negative. The operating cash flow to net income ratio is 0.74, indicating less efficient cash generation compared to prior periods. The free cash flow to net income ratio is negative due to significant capital expenditures.
BreakdownTTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income Statement
Total Revenue69.96M65.71M97.98M82.28M64.95M51.75M
Gross Profit21.11M54.31M47.45M40.99M30.15M20.17M
EBITDA-3.69M20.63M43.09M39.84M30.09M19.03M
Net Income5.25M8.48M26.32M25.26M20.58M13.03M
Balance Sheet
Total Assets190.16M158.66M170.82M214.73M107.62M80.29M
Cash, Cash Equivalents and Short-Term Investments126.59M123.97M134.67M160.94M80.32M55.80M
Total Debt6.70M8.40M12.52M13.90M1.86M3.84M
Total Liabilities54.30M25.39M45.94M71.04M24.77M22.30M
Stockholders Equity132.56M129.50M121.96M140.12M82.85M57.99M
Cash Flow
Free Cash Flow18.60M-2.51M23.43M49.18M22.76M9.17M
Operating Cash Flow18.65M6.30M32.80M62.33M29.57M18.17M
Investing Cash Flow-7.66M-11.10M-8.48M-14.14M-2.20M-19.28M
Financing Cash Flow-10.85M-6.57M-45.69M30.65M-1.67M-1.26M

TradeGo FinTech Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.90
Price Trends
50DMA
0.62
Positive
100DMA
0.47
Positive
200DMA
0.34
Positive
Market Momentum
MACD
0.06
Negative
RSI
70.90
Negative
STOCH
69.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8017, the sentiment is Positive. The current price of 0.9 is above the 20-day moving average (MA) of 0.76, above the 50-day MA of 0.62, and above the 200-day MA of 0.34, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 70.90 is Negative, neither overbought nor oversold. The STOCH value of 69.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8017.

TradeGo FinTech Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
HK$2.23B32.6112.45%957.74%194.12%
61
Neutral
HK$517.50M8.2740.88%-14.39%-69.66%
56
Neutral
$3.18B5.02-5.68%5.66%8.05%-41.83%
45
Neutral
HK$36.62M
-16.98%62.42%
42
Neutral
€13.61M-27.10%-6.25%84.71%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8017
TradeGo FinTech Ltd.
0.90
0.65
260.00%
HK:8356
CNC Holdings Limited
0.64
-0.46
-41.82%
HK:8299
Grand T G Gold Holdings Ltd
0.30
0.11
57.89%
HK:8018
Finsoft Financial Investment Holdings Ltd.
0.03
-0.05
-64.47%
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: May 01, 2025