Gain Plus Holdings Limited (9900) AI Stock Analysis

• Market Cap: HK$7.20B
• Dividend Yield: N/A
• Average Volume (3M): 2.10M
• Price to Earnings (P/E): 227.9
• Beta (1Y): -0.40
• Revenue Growth: 10.80%
• EPS Growth: 11.83%
• Country: HK
• Employees: 398
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): <0.01
• Shares Outstanding: 2,976,000,000
• 10 Day Avg. Volume: 3,780,800
• 30 Day Avg. Volume: 2,095,066
• 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: HK$15.00
• Price Target Upside: 532.91% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: HK$15.00 ▲(532.91% Upside)

Gain Plus Holdings Limited's stock is supported by a strong financial foundation and positive technical indicators, suggesting potential for growth. However, the high P/E ratio indicates overvaluation, which poses a risk. The lack of dividend yield further impacts the valuation negatively. The absence of earnings call data and corporate events means these factors do not influence the score.

Gain Plus Holdings Limited Business Overview & Revenue Model

Company Description

Gain Plus Holdings Limited (9900) is a diversified investment holding company based in Hong Kong, primarily engaged in the sectors of financial services, property investment, and trading. The company focuses on generating long-term returns through strategic investments and partnerships, aiming to leverage market opportunities in various industries to maximize shareholder value.

How the Company Makes Money

Gain Plus Holdings Limited generates revenue through several key streams. Primarily, the company earns income from its financial services division, which includes asset management and investment advisory services. They charge management and performance fees based on the assets under management and the performance of the investments. Additionally, revenue is generated from property investments through rental income from commercial and residential properties they own. The trading segment contributes to earnings by engaging in the wholesale and distribution of consumer goods, leveraging partnerships with suppliers and retailers. Strategic partnerships with financial institutions and other businesses enhance their market reach and create opportunities for joint ventures and collaborative projects, further contributing to their overall revenue.

Gain Plus Holdings Limited Financial Statement Overview

Summary

Gain Plus Holdings Limited demonstrates a solid financial position with strong balance sheet metrics and improving cash flow performance. Despite a recent revenue decline, profitability remains stable. The company is well-positioned with low leverage and effective capital management, though it faces challenges in sustaining revenue growth and improving gross margins.

Income Statement

Gain Plus Holdings Limited has shown fluctuating revenue growth with a recent decline of 1.1% in the latest year. The gross profit margin has decreased over time, currently at 4.9%, indicating pressure on cost management. However, the company maintains a stable net profit margin of 2.4%, suggesting consistent profitability. The EBIT and EBITDA margins have improved slightly, reflecting operational efficiency gains.

Balance Sheet

The company exhibits a strong balance sheet with a low debt-to-equity ratio of 0.0057, indicating minimal leverage and financial risk. Return on equity is healthy at 10.5%, demonstrating effective use of equity capital. The equity ratio stands at 68.9%, highlighting a strong equity base relative to total assets.

Cash Flow

Cash flow performance has improved with a significant free cash flow growth of 35.7%. The operating cash flow to net income ratio is 0.12, indicating moderate cash generation from operations. The free cash flow to net income ratio is 1.0, showing that the company effectively converts net income into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.29B	1.28B	1.15B	1.21B	1.06B	951.25M
Gross Profit	60.13M	62.72M	60.05M	84.66M	54.71M	60.53M
EBITDA	30.56M	42.03M	27.35M	69.34M	20.96M	41.51M
Net Income	30.67M	31.05M	27.70M	56.76M	13.32M	34.07M
Balance Sheet
Total Assets	385.19M	430.27M	351.67M	368.24M	323.97M	293.97M
Cash, Cash Equivalents and Short-Term Investments	168.95M	165.88M	140.12M	202.58M	81.77M	61.84M
Total Debt	145.00K	1.68M	284.00K	0.00	3.97M	7.26M
Total Liabilities	95.31M	131.24M	81.70M	80.10M	92.51M	75.84M
Stockholders Equity	282.35M	296.75M	265.69M	288.21M	231.45M	218.13M
Cash Flow
Free Cash Flow	11.94M	16.21M	-23.14M	130.14M	36.17M	-9.90M
Operating Cash Flow	13.61M	16.21M	-20.34M	131.58M	39.06M	-9.76M
Investing Cash Flow	-4.17M	-260.00K	8.04M	2.70M	-39.25M	5.00K
Financing Cash Flow	-75.69M	-6.29M	-50.51M	-3.98M	-4.01M	-1.83M

Gain Plus Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.37
• 50DMA: Positive
• 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:9900, the sentiment is Positive. The current price of 2.37 is above the 20-day moving average (MA) of 2.29, above the 50-day MA of 1.93, and above the 200-day MA of 1.51, indicating a bullish trend. The MACD of 0.13 indicates Positive momentum. The RSI at 59.62 is Neutral, neither overbought nor oversold. The STOCH value of 51.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9900.

Gain Plus Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0331	78 Outperform	2.67B	5.57	0.00%	3.56%	3.11%	-2.34%
2355	69 Neutral	2.20B	11.56	3.16%	3.10%	-27.65%	-68.36%
9900	69 Neutral	HK$7.20B	227.88	11.04%	―	10.80%	11.83%
0830	67 Neutral	3.02B	6.22	24.31%	6.00%	-22.53%	-30.02%
9913	46 Neutral	2.43B	-319.48	-1.67%	―	-8.08%	-127.40%
1271	39 Underperform	1.59B	-5.40	-10.73%	―	115.09%	-197.81%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Gain Plus Holdings Limited Corporate Events

Hong Kong ZCloud Technology Construction Limited Announces Annual General Meeting

Hong Kong ZCloud Technology Construction Limited has announced its upcoming annual general meeting, where key resolutions will be discussed, including the adoption of financial statements and the re-election of directors. The meeting will also address the re-appointment of Deloitte Touche Tohmatsu as the company’s independent auditor and authorize the board to manage director remuneration. Additionally, the company seeks approval to issue additional shares, which could impact its market positioning and shareholder value.

Gain Plus Holdings Proposes Share Subdivision to Boost Liquidity

Gain Plus Holdings Limited has announced a proposed subdivision of its shares, where each existing share will be divided into eight smaller shares. This move aims to increase the number of shares in circulation without altering the overall value of the company. The subdivision is subject to shareholder approval at an upcoming extraordinary general meeting. Upon approval, the total number of shares will increase significantly, but the board lot size for trading will remain unchanged. The subdivision is designed to enhance the liquidity of the shares and make them more accessible to a broader range of investors.

Hong Kong ZCloud Technology Construction Limited Reports Increased Revenue and Profit for 2025

Hong Kong ZCloud Technology Construction Limited announced its audited consolidated financial results for the year ended 31 March 2025, reporting a revenue increase to HK$1,275,230,000 from the previous year’s HK$1,150,954,000. The company’s profit before taxation rose to HK$40,447,000, reflecting a positive financial performance. This financial growth highlights the company’s strengthened market position and potential for future expansion, benefiting its stakeholders.

Gain Plus Holdings Limited Enhances Governance with New Nomination Committee

Gain Plus Holdings Limited has established a Nomination Committee as part of its board of directors’ resolutions. The committee is composed of at least three members, with a majority being independent non-executive directors, and includes a director of a different gender. This move is aimed at enhancing corporate governance and ensuring diverse representation in the company’s leadership structure.

Hong Kong ZCloud Technology Schedules Board Meeting for Annual Results

Hong Kong ZCloud Technology Construction Limited has announced a board meeting scheduled for June 27, 2025, to discuss and approve the annual results for the year ended March 31, 2025, and to consider recommending a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market position and stakeholder interests.

Hong Kong ZCloud Technology Construction Limited Announces Relocation of Headquarters

Hong Kong ZCloud Technology Construction Limited has announced a change in its headquarters and principal place of business in Hong Kong, effective from June 1, 2025. This relocation may impact the company’s operational dynamics and stakeholder interactions, as it involves updates to their contact information.

Gain Plus Holdings Rebrands to Hong Kong ZCloud Technology Construction

Hong Kong ZCloud Technology Construction Limited has officially changed its name from Gain Plus Holdings Limited following shareholder approval. This rebranding includes a new stock short name, website address, and company logo, effective in May 2025. The changes are part of a strategic move to better align with the company’s focus on technology construction. Despite these changes, the company’s stock code remains the same, and existing share certificates will continue to be valid, ensuring no disruption to shareholders or daily operations.