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New Century Group Hong Kong Limited (0234) AI Stock Analysis
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New Century Group Hong Kong Limited
(HKEX:0234)
The score is held back primarily by weak and volatile profitability with contracting revenue (negative earnings and negative P/E). Offsetting this is a conservatively levered balance sheet and improved recent cash generation, while technicals are supportive but appear stretched after a strong move above major moving averages.
New Century Group Hong Kong Limited (0234) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 213.87M
- Dividend Yield
- ―
- Average Volume (3M)
- 3.04M
- Price to Earnings (P/E)
- -7.6
- Beta (1Y)
- 0.35
- Revenue Growth
- -24.44%
- EPS Growth
- 48.96%
- Country
- Hong Kong
- Employees
- 30
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Financial - Credit Services
New Century Group Hong Kong Limited Business Overview & Revenue Model
Company Description
New Century Group Hong Kong Limited, an investment holding company, engages in money lending, property investment, and securities trading business in Hong Kong and Southeast Asia. It offers mortgage and unsecured personal loans; invests in office spa...
New Century Group Hong Kong Limited Financial Statement Overview
Summary
Balance sheet strength is a key positive (very low leverage and stable equity), and recent operating/free cash flow is strong. However, the income statement is the main drag: multi-year revenue contraction and a swing back to deep losses in 2025–2026 reduce earnings quality and visibility, with negative ROE in most years.
Income Statement
34NegativeBalance Sheet
78PositiveCash Flow
67Positive| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 81.08M | 81.08M | 86.12M | 88.22M | 80.07M | 80.74M |
| Gross Profit | 70.55M | 70.55M | 86.12M | 88.22M | 77.27M | 72.96M |
| EBITDA | 6.59M | -14.91M | 13.93M | 34.73M | 47.42M | 54.65M |
| Net Income | -28.46M | -28.46M | -55.66M | 22.41M | -36.87M | -1.50M |
Balance Sheet | ||||||
| Total Assets | 1.82B | 1.82B | 1.99B | 2.04B | 2.08B | 2.07B |
| Cash, Cash Equivalents and Short-Term Investments | 819.70M | 819.70M | 693.63M | 533.63M | 456.01M | 481.62M |
| Total Debt | 73.00K | 73.00K | 156.00K | 24.09M | 71.89M | 72.03M |
| Total Liabilities | 32.54M | 32.54M | 109.47M | 134.26M | 201.90M | 153.28M |
| Stockholders Equity | 1.49B | 1.49B | 1.51B | 1.56B | 1.55B | 1.58B |
Cash Flow | ||||||
| Free Cash Flow | 307.77M | 296.74M | 163.99M | 65.58M | 14.37M | -40.47M |
| Operating Cash Flow | 307.77M | 296.74M | 164.01M | 66.21M | 21.78M | -40.17M |
| Investing Cash Flow | -5.75M | -5.55M | 146.97M | -130.55M | 24.57M | -3.86M |
| Financing Cash Flow | -160.12M | -160.12M | -13.00K | -47.81M | 39.87M | -40.19M |
New Century Group Hong Kong Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0234, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 51.48 is Neutral, neither overbought nor oversold. The STOCH value of 30.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0234.
New Century Group Hong Kong Limited Peers Comparison
Overall Rating
HK:108670Outperform
HK:086964.3Neutral
HK:063555Neutral- HK:023454Neutral
HK:383047Neutral
HK:018040Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1086 | 70Outperform | HKD 2.32B | 6.08 | 6.09% | 18.05% | 0.34% | 40.53% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| HK:0869 | 64Neutral | HKD 540.86M | -75.00 | -0.68% | 14.58% | -23.66% | -152.03% |
| HK:0635 | 55Neutral | HKD 1.02B | -4.13 | -5.52% | 9.09% | -18.78% | 42.15% |
| HK:0234 | 54Neutral | HKD 213.87M | -7.55 | -1.91% | ― | -24.44% | 48.96% |
| HK:3830 | 47Neutral | HKD 175.00M | -28.23 | -36.67% | ― | 1.90% | 11.43% |
| HK:0180 | 40Underperform | HKD 215.78M | -0.91 | -14.23% | ― | 4.04% | -16.43% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0234 | New Century Group Hong Kong Limited | 0.04 | -0.01 | -21.28% | |
| HK:1086 | Goodbaby International Holdings | 1.39 | 0.47 | 50.87% | |
| HK:0869 | Playmates Toys | 0.48 | -0.06 | -11.11% | |
| HK:0635 | Playmates Holdings | 0.49 | 0.01 | 2.06% | |
| HK:0180 | Kader Holdings Co. Ltd. | 0.23 | 0.03 | 17.01% | |
| HK:3830 | Kiddieland International Ltd. | 0.17 | 0.11 | 182.26% |
New Century Group Hong Kong Limited Corporate Events
New Century Group Updates Board and Governance Committee Structure
New Century Group Hong Kong Limited has refreshed its board composition and clarified roles and functions effective 1 October 2026, naming Ng Wee Keat as chairman and Ng Siew Lang, Linda as chief operating officer alongside other executive directors....
New Century Group Overhauls Board, Names New CEO
New Century Group Hong Kong Limited announced extensive board and leadership changes effective 1 October 2026, reassigning long-time executive director and deputy chairman Ms. Sio Ion Kuan to the role of chief executive officer. The move is intended...
New Century Group Wins Strong Shareholder Backing at 2026 AGM
Shareholders of New Century Group Hong Kong Limited unanimously approved all resolutions at the annual general meeting held on 16 September 2026, covering the receipt of audited financial statements, re-election of four directors and authorisation fo...
New Century Group Refinances HK$23.2 Million Mortgage Loan via ETC Finance
New Century Group Hong Kong Limited has disclosed that its indirect non-wholly owned subsidiary ETC Finance has entered into a new mortgage loan agreement with existing customers dated 7 August 2026. The new facility provides HK$23.2 million for 12 m...
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: Oct 14, 2026