Solowin Holdings (SWIN) AI Stock Analysis

• Market Cap: $79.94M
• Dividend Yield: N/A
• Average Volume (3M): 172.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.80
• Revenue Growth: -54.25%
• EPS Growth: -484.71%
• Country: US
• Employees: 25
• Sector: Financial
• Sector Strength: 82
• Industry: Financial - Capital Markets
• EPS (TTM): -0.10
• Shares Outstanding: 39,546,060
• 10 Day Avg. Volume: 358,258
• 30 Day Avg. Volume: 172,002
• PEG Ratio: 0.05
• Price to Book (P/B): 2.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.32
• 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: 48 Neutral
• Price Target: ―

Solowin Holdings faces significant financial challenges with negative profitability and cash flow issues, impacting its financial performance and overall stock score. The technical analysis suggests weak long-term momentum, and the negative P/E ratio further detracts from valuation appeal. These issues are the primary factors contributing to a low overall stock score.

Solowin Holdings Business Overview & Revenue Model

Company Description

Solowin Holdings, an investment holding company, provides securities brokerage, corporate finance, investment advisory, and asset management services in Hong Kong. It operates Solomon Pro, a trading platform that allows investors to trade listed securities and their derivative products listed on the Hong Kong Stock Exchange, New York Stock Exchange, Nasdaq, Shanghai Stock Exchange, and Shenzhen Stock Exchange. The company also provides Hong Kong securities trading, initial public offering subscription and placement, bond trading, fund subscription, equity custodian and agent, investment immigrant account management, enterprise employee shareholding exercise, professional investment research, and instant quotation services. In addition, it offers investment advisory services to its clients based on their financial needs and risk appetite; and issues and manages various fund products. Further, the company provides professional asset management services to financial institutions and private institutions, as well as tailored financial services to individual investors; investment banking services; financial and independent financial advisory services for unlisted and listed companies; and offshore private fund investment services. Solowin Holdings was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.

How the Company Makes Money

Solowin Holdings generates revenue through a combination of product sales, service offerings, and strategic partnerships. Key revenue streams include the sale of proprietary software solutions, financial services such as investment management and advisory, and consumer products in various high-demand categories. The company also benefits from collaborations with other industry leaders, which enhance its market reach and product offerings. Additionally, Solowin Holdings invests in research and development to maintain a competitive edge and create new revenue opportunities.

Solowin Holdings Financial Statement Overview

Summary

Solowin Holdings is facing financial difficulties characterized by declining revenues, negative profitability, and cash flow challenges. While the balance sheet indicates some stability in terms of equity, the company needs to address its operational inefficiencies and improve cash flow management to enhance financial health.

Income Statement

Solowin Holdings has faced significant challenges in maintaining profitability, as evidenced by negative gross and net profit margins in the most recent year. The revenue growth rate is negative, indicating a contraction in sales. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies.

Balance Sheet

The company's balance sheet shows a moderate level of leverage with a debt-to-equity ratio that suggests manageable debt levels. However, the return on equity is negative due to persistent losses. The equity ratio is relatively stable, indicating a moderate reliance on equity financing.

Cash Flow

Solowin Holdings struggles with cash flow generation, as reflected in the negative operating and free cash flows. There is a significant discrepancy between operating cash flow and net income, pointing to potential issues in converting sales to cash. The free cash flow growth rate has also been negative, indicating cash flow challenges.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
3.44M	4.45M	3.26M	1.18M
	Gross Profit
-767.00K	4.45M	1.89M	829.00K
	EBIT
-4.43M	1.34M	-766.00K	-329.00K
	EBITDA
-4.37M	61.00K	-731.00K	-317.00K
	Net Income Common Stockholders
-4.56M	1.35M	-979.00K	-645.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.14M	1.93M	977.00K	542.00K
	Total Assets
15.40M	10.23M	9.46M	13.72M
	Total Debt
1.07M	251.00K	98.00K	261.00K
	Net Debt
-1.07M	-1.67M	-879.00K	-281.00K
	Total Liabilities
6.48M	6.89M	7.46M	12.26M
	Stockholders Equity
8.92M	3.34M	2.00M	1.46M
Cash Flow		Free Cash Flow
-5.77M	-451.00K	-5.75M	11.01M
	Operating Cash Flow
-5.61M	-443.00K	-5.74M	11.05M
	Investing Cash Flow
-1.38M	225.00K	114.00K	351.00K
	Financing Cash Flow
6.72M	-341.00K	1.46M	-48.00K

Solowin Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.68
• 50DMA: Negative
• 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 SWIN, the sentiment is Negative. The current price of 1.68 is below the 20-day moving average (MA) of 1.73, below the 50-day MA of 1.68, and below the 200-day MA of 2.05, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 45.14 is Neutral, neither overbought nor oversold. The STOCH value of 56.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SWIN.

Solowin Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.77B	9.77	7.59%	16985.66%	12.30%	-7.71%
GRYP	55 Neutral	$76.91M	―	173.25%	―	―	―
SWIN	48 Neutral	$79.94M	―	-51.05%	―	-54.25%	-484.71%
MIGI	48 Neutral	$11.32M	―	-461.16%	―	-0.67%	65.35%
GREE	47 Neutral	$21.77M	―	22.29%	―	-20.28%	48.08%
BTCS	47 Neutral	$53.37M	5.34	-102.90%	―	199.18%	-117.49%
ARBK	37 Underperform	$27.99M	―	242.25%	―	―	―