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GoFintech Innovation Limited
(0290)
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Rating:44Neutral
Price Target:
HK$1.50
â–¼(-49.15% Downside)
Action:Reiterated
Date:08/01/26
The score is held down primarily by weak financial performance—loss-heavy profitability and sustained negative operating/free cash flow—despite a comparatively stronger balance sheet. Technicals also detract as the stock trades below all key moving averages, signaling a persistent downtrend. Valuation offers limited support because the negative P/E reflects ongoing losses and no dividend yield is available.
Positive Factors
Modest Leverage
Low debt relative to equity reduces immediate balance-sheet pressure and leaves more capacity to absorb operating volatility. This cushion can support continued operations and selective investment over the next several quarters, although it does not offset current losses.
Negative Factors
Persistent Cash Burn
Sustained negative operating and free cash flow shows that the business is consuming cash rather than funding itself internally. Continued burn can increase reliance on external funding or balance-sheet resources, limiting financial flexibility and weakening the durability of future expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Modest Leverage
Low debt relative to equity reduces immediate balance-sheet pressure and leaves more capacity to absorb operating volatility. This cushion can support continued operations and selective investment over the next several quarters, although it does not offset current losses.
Read all positive factors
GoFintech Innovation Limited (0290) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$13.02B
Dividend YieldN/A
Average Volume (3M)13.20M
Price to Earnings (P/E)―
Beta (1Y)0.68
Revenue Growth108.08%
EPS Growth-46866.67%
CountryHK
Employees86
SectorFinancial
Sector Strength70
IndustryFinancial - Conglomerates
Share Statistics
EPS (TTM)-0.28
Shares Outstanding10,303,853,000
10 Day Avg. Volume9,021,214
30 Day Avg. Volume13,200,654
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)5.31
Price to Sales (P/S)20.27
P/FCF Ratio-452.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$2.44Price Target Upside-17.29% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GoFintech Innovation Limited Business Overview & Revenue Model
Company Description
This Hong Kong-based investment holding company provides a comprehensive suite of financial solutions, encompassing securities trading, insurance brokerage, asset management, margin and corporate finance, and lending services. Its operations are s...
GoFintech Innovation Limited Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
64
Positive
Cash Flow
28
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.82B | 863.40M | 45.98M | 24.38M | 57.48M |
| Gross Profit | 176.97M | 37.59M | -1.74M | 18.37M | 22.91M |
| EBITDA | -2.10B | 10.14M | -26.75M | -49.83M | -40.63M |
| Net Income | -2.13B | -2.52M | -30.68M | -58.85M | -79.31M |
Balance Sheet | |||||
| Total Assets | 9.13B | 4.61B | 1.09B | 475.76M | 604.61M |
| Cash, Cash Equivalents and Short-Term Investments | 1.77B | 392.80M | 462.76M | 183.21M | 195.81M |
| Total Debt | 523.94M | 430.56M | 23.98M | 36.78M | 175.60M |
| Total Liabilities | 2.18B | 686.47M | 305.35M | 179.29M | 356.75M |
| Stockholders Equity | 6.94B | 3.93B | 786.84M | 296.47M | 247.86M |
Cash Flow | |||||
| Free Cash Flow | -81.58M | -133.46M | -121.72M | 17.25M | -101.49M |
| Operating Cash Flow | -80.95M | -92.99M | -121.72M | 17.25M | -101.36M |
| Investing Cash Flow | -1.83B | -753.66M | -188.57M | -75.51M | 1.09M |
| Financing Cash Flow | 2.25B | 649.13M | 489.73M | -25.21M | -158.84M |
GoFintech Innovation Limited Technical Analysis
Neutral
2.95
Price Trends
1.60
Negative
1.81
Negative
3.40
Negative
Market Momentum
-0.04
Negative
50.85
Neutral
87.85
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0290, the sentiment is Neutral. The current price of 2.95 is above the 20-day moving average (MA) of 1.54, above the 50-day MA of 1.60, and below the 200-day MA of 3.40, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 50.85 is Neutral, neither overbought nor oversold. The STOCH value of 87.85 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0290.
GoFintech Innovation Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | HK$389.03M | 3.35 | 15.83% | ― | 43.81% | 2258.06% | |
44 Neutral | HK$13.02B | -5.53 | -37.50% | ― | 108.08% | -46866.67% | |
44 Neutral | HK$315.33M | -4.59 | -19.48% | 1.18% | 335.38% | -75.17% | |
41 Neutral | HK$45.47M | -0.80 | 140.15% | 4.23% | -20.77% | -28.57% | |
41 Neutral | HK$502.39M | -15.52 | -26.73% | ― | 59.61% | 55.73% | |
39 Underperform | HK$148.44M | -2.45 | 63.60% | 1.62% | -38.07% | 13.17% |
* Financial Sector Average
HK:0290
GoFintech Innovation Limited
1.56
-0.49
-24.15%
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GoFintech Innovation Limited Corporate Events
GoFintech Quantum Innovation Files Conditional Bid for HSIT Park Project
Oct 16, 2026
GoFintech Quantum Innovation Limited has submitted tender documents via its wholly owned subsidiary for the proposed project development at HSIT Park, covering both Mandatory Land and Optional Land under a public tender process. The tender submiss...
GoFintech Quantum Innovation Delays Despatch of Circular for Major Transaction
Oct 15, 2026
GoFintech Quantum Innovation Limited has announced a delay in sending a shareholder circular linked to a major transaction and a proposed mandate for a new project development. The circular, originally scheduled for despatch on or before 15 Octobe...
GoFintech Quantum Wins SFC Nod for New Public Funds, Expands Asset-Management Reach
Oct 2, 2026
GoFintech Quantum Innovation has secured Hong Kong Securities and Futures Commission approval for its Fortune Asset Management Open-ended Fund Company and two public-offer sub-funds, the Fortune Asset Technology Select Equity Fund and Fortune Asse...
GoFintech Quantum Innovation Clarifies Share Award Scheme Headroom After Re-Grant
Sep 30, 2026
GoFintech Quantum Innovation Limited, a Hong Kong-listed fintech innovator incorporated in the Cayman Islands, uses a share award scheme to incentivize directors, staff and service providers. The company’s board structure and equity-based co...
GoFintech Quantum Re-Grants 74 Million Share Awards After Compliance-Driven Cancellation
Sep 24, 2026
GoFintech Quantum Innovation Limited has cancelled a previously announced grant of share awards to employees and service providers after disclosing inside information related to a possible major project tender at the Hong Kong-Shenzhen Innovation ...
GoFintech Quantum Innovation Clarifies Board and Governance Structure
Sep 23, 2026
GoFintech Quantum Innovation Limited has announced the current composition of its board of directors following its recent name change, detailing one executive director, two non-executive directors and three independent non-executive directors. The...
GoFintech Seeks Mandate for Potential Major HSIT Park Development Bid
Sep 23, 2026
GoFintech Quantum Innovation Limited plans to seek shareholder authorization to allow a wholly owned subsidiary to bid for a major project development at HSIT Park via public tender. The proposed development involves two parcels of land, referred ...
GoFintech Reshapes Board, Taps Digital Finance Expert as Independent Director
Sep 23, 2026
GoFintech Quantum Innovation Limited announced board and committee changes effective 23 September 2026, including the resignation of independent non-executive director Mr. Chiu Kung Chik due to other business commitments. He also stepped down as c...
GoFintech Quantum Innovation Redirects HK$226.6 Million to Quantum Business
Sep 23, 2026
GoFintech Quantum Innovation Limited has reallocated approximately HK$226.6 million of previously unutilised net proceeds from a prior subscription, which had been earmarked for expanding its Hong Kong digital asset financial licence business and ...
GoFintech Quantum Innovation Grants 74 Million Share Awards Under Incentive Scheme
Sep 23, 2026
GoFintech Quantum Innovation Limited has granted a total of 74,192,000 share awards under its share award scheme, equivalent to about 0.72% of its issued share capital excluding treasury shares. The awards, priced at a par value of HK$0.10 per sha...
GoFintech Quantum Innovation Shareholders Approve All AGM Resolutions
Aug 28, 2026
GoFintech Quantum Innovation Limited announced that all resolutions proposed at its annual general meeting on 28 August 2026 were approved by shareholders via poll.Shareholders endorsed the 2026 audited financial statements, re-elected two indepen...
GoFintech Completes Share Placing but Drops Planned Top-Up Subscription
Aug 17, 2026
GoFintech Quantum Innovation Limited has completed the placing of 218,750,000 existing shares at HK$1.60 per share, executed on a best-efforts basis by placing agents to at least six independent placees. No new substantial shareholder emerged from...
GoFintech Quantum Launches Share Placing and Top-Up Subscription
Aug 3, 2026
GoFintech Quantum Innovation Limited has entered into a placing and subscription agreement involving the sale of 218,750,000 existing shares at HK$1.60 per share, representing about 2.12% of its current issued share capital. The seller will then s...
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.