Finet Group Limited (8317) AI Stock Analysis

• Market Cap: HK$65.99M
• Dividend Yield: N/A
• Average Volume (3M): 5.01K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.09
• Revenue Growth: -12.96%
• EPS Growth: 61.54%
• Country: HK
• Employees: 32
• Sector: Industrials
• Sector Strength: 90
• Industry: Specialty Business Services
• EPS (TTM): 0.00
• Shares Outstanding: 999,808,170
• 10 Day Avg. Volume: 15,000
• 30 Day Avg. Volume: 5,013
• PEG Ratio: -0.23
• Price to Book (P/B): 1.36
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -26.82
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: ―

Finet Group Limited faces significant profitability challenges, reflected in a low financial performance score. Technical indicators suggest the stock is oversold, indicating potential for a rebound, but risks remain high. Valuation is unattractive due to negative earnings, and with no dividend, the stock's appeal is further diminished.

Finet Group Limited Business Overview & Revenue Model

Company Description

Finet Group Limited (8317) is a Hong Kong-based company that operates primarily in the financial services and information technology sectors. The company specializes in providing financial information services, including real-time stock market data, financial news, and analytics. Finet Group also offers a range of software solutions and platforms tailored to the needs of financial institutions and individual investors.

How the Company Makes Money

Finet Group Limited generates revenue through a combination of subscription fees for its financial information services, licensing fees for its software solutions, and consulting services. The company's key revenue streams include its online platforms that provide real-time market data and analytics to subscribers. Additionally, Finet Group earns money through strategic partnerships with financial institutions and corporations, which may involve customized software solutions or co-branded financial information services. The company's focus on delivering accurate and timely financial data is critical to maintaining its client base and ensuring recurring revenue from subscriptions and renewals.

Finet Group Limited Financial Statement Overview

Summary

Finet Group Limited faces challenges with profitability and revenue growth, but there are positive signs in cash flow management and debt reduction. The balance sheet remains strong due to a high equity ratio, though persistent losses pose a risk to long-term stability. Continued focus on improving operational efficiency and revenue growth is essential for future financial health.

Income Statement

The company has shown a declining revenue trend over the past years, with recent revenue growth of 4.4%. However, the gross profit margin remains negative, indicating that costs exceed revenue. The net profit margin is deeply negative at -63.2%, showing significant losses, though there is a slight improvement from the previous year. EBIT and EBITDA margins are also negative, reflecting ongoing operational challenges.

Balance Sheet

The company has a manageable debt-to-equity ratio of 0.17, improved from previous years, indicating reduced leverage. The equity ratio is strong at 74.6%, suggesting a stable capital structure with substantial equity backing. However, the persistent losses impact the overall financial health despite the improvements in debt management.

Cash Flow

The cash flow situation shows improvement with positive operating cash flow and free cash flow in the latest period. The free cash flow to net income ratio is positive, indicating cash generation despite net losses. The company has managed to reverse negative cash flows from previous years, highlighting better cash management and operational efficiency.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	13.43M	12.86M	14.25M	17.90M	25.99M
Gross Profit	-162.00K	-5.31M	13.20M	16.21M	24.11M
EBITDA	-4.99M	-12.46M	-11.57M	-11.01M	-16.34M
Net Income	-8.50M	-16.34M	-9.10M	-12.83M	-20.29M
Balance Sheet
Total Assets	66.11M	62.10M	68.15M	119.30M	112.14M
Cash, Cash Equivalents and Short-Term Investments	8.55M	8.02M	17.58M	18.06M	9.31M
Total Debt	8.46M	26.66M	17.98M	57.48M	36.87M
Total Liabilities	22.27M	43.05M	33.91M	75.94M	56.03M
Stockholders Equity	49.32M	25.75M	41.04M	50.64M	63.65M
Cash Flow
Free Cash Flow	1.24M	-8.55M	-10.06M	-260.00K	-13.29M
Operating Cash Flow	1.38M	-8.46M	-9.54M	280.00K	-13.25M
Investing Cash Flow	101.00K	-45.00K	11.20M	-529.00K	-113.00K
Financing Cash Flow	-801.00K	-665.00K	-1.65M	10.30M	4.00M

Finet Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8317, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 55.29 is Neutral, neither overbought nor oversold. The STOCH value of 50.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8317.

Finet Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	HK$14.14B	4.63	-3.01%	6.76%	3.67%	-54.16%
8051	51 Neutral	HK$57.29M	1,152.63	0.03%	―	130.84%	-99.24%
8128	47 Neutral	HK$196.55M	17.60	4.17%	―	2.61%	8.70%
8317	42 Neutral	HK$65.99M	―	-9.01%	―	-12.96%	61.54%
8047	41 Neutral	HK$177.09M	―	-11.86%	―	6.29%	-128.95%
8111	36 Underperform	HK$48.40M	―	-72.35%	―	―	-51.39%