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Quam Plus International Financial (0952) AI Stock Analysis

HK:0952

Quam Plus International Financial

(HKEX:0952)

Select Model
Rating:46Neutral
Price Target:HKD 0.09â–²(6.02% Upside)
Action:reiterated
Date:08/29/26

The overall score is driven mainly by weak financial performance, with deep TTM losses, a 53% revenue decline, margin compression, and negative operating cash flow outweighing the benefits of deleveraging and a solid equity base. Secondary factors moderately temper the downside: technical indicators show short-term strength against a longer-term downtrend, and valuation is hampered by negative earnings and lack of yield rather than clearly compelling.

Positive Factors
Moderate LeverageDebt-to-equity near 0.28 and improving versus prior years gives the company more balance-sheet flexibility than a highly levered financial firm. That cushion can help absorb volatility and preserve room for capital allocation while profitability is rebuilt.
Negative Factors
Severe Revenue ContractionA roughly 53% year-over-year revenue decline materially weakens the company’s operating base and reduces the scale available to cover fixed and recurring costs. Unless revenue stabilizes, the contraction can continue to pressure earnings, cash generation, and competitive capacity.

Quam Plus International Financial (0952) vs. iShares MSCI Hong Kong ETF (EWH)

-40%-30%-20%-10%0%10%20%HK:0952-40.00%EWH+8.19%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
HKD 510.11M
Dividend Yield
―
Average Volume (3M)
183.93K
Price to Earnings (P/E)
-1.4
Beta (1Y)
-0.05
Revenue Growth
-89.32%
EPS Growth
-191.73%
Country
Hong Kong
Employees
179
Sector
Financial
Sector Strength
68
Industry
Investment - Banking & Investment Services

Quam Plus International Financial Business Overview & Revenue Model

Company Description

Quam Plus International Financial Limited, an investment holding company, provides various financial services in Hong Kong. It operates through Corporate Finance, Brokerage, Interest Income, Asset Management, Investments, and Others segments. The Cor...

Quam Plus International Financial Financial Statement Overview

Summary

Financial performance is weak, with a sharp swing to a TTM net loss of -237M, revenue down 53% from the 2023 peak, and gross margins compressing from 55% in 2024 to 33% TTM; a solid 1.69B equity base and lower debt-to-equity of 0.28 provide some balance sheet strength, but negative ROE and cash-negative core operations signal elevated execution and liquidity risk.

Income Statement

28Negative

Balance Sheet

65Positive

Cash Flow

42Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue87.08M181.05M376.21M384.77M-255.78M-1.78B
Gross Profit-29.63M59.29M206.01M98.30M-1.14B529.81M
EBITDA-188.48M-179.77M4.51M199.10M-1.42B-1.50B
Net Income-357.36M-236.69M-73.37M119.54M-1.58B-2.26B
Balance Sheet
Total Assets4.06B3.73B4.19B4.06B4.68B6.84B
Cash, Cash Equivalents and Short-Term Investments259.07M242.67M889.95M824.32M963.29M1.70B
Total Debt503.10M478.09M718.00M735.52M954.32M1.55B
Total Liabilities2.37B2.04B2.20B2.00B2.67B3.24B
Stockholders Equity1.69B1.69B1.99B2.06B2.01B3.60B
Cash Flow
Free Cash Flow-135.61M-16.23M208.22M168.92M475.17M651.99M
Operating Cash Flow-132.41M-14.66M209.82M185.23M476.43M657.55M
Investing Cash Flow48.13M265.74M50.98M-16.31M-1.26M35.92M
Financing Cash Flow-83.27M-296.84M-224.94M-235.71M-683.13M-501.97M

Quam Plus International Financial Technical Analysis

Technical Analysis SentimentNegative
Last Price0.08

Price Trends

50DMA0.09Negative
100DMA0.09Negative
200DMA0.11Negative

Market Momentum

MACD-0.00Positive
RSI3.28Positive
STOCH33.33Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0952, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 3.28 is Positive, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0952.

Quam Plus International Financial Peers Comparison

Overall Rating

UnderperformOutperform
Sector (68)

Financial Indicators

HK:0952 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
HK:0717HK:071766NeutralHKD 377.49M2.853.57%―-22.54%60.00%
HK:1290HK:129049NeutralHKD 599.68M11.902.21%5.45%-2.31%-15.36%
HK:0952HK:095246NeutralHKD 553.13M-1.43-21.12%―-89.32%-191.73%
HK:0612HK:061243NeutralHKD 523.08M-1.12-63.18%―――
HK:0721HK:072138UnderperformHKD 206.27M-8.48-5.98%―418.94%-10.00%

* Financial Sector Average

Performance Comparison

-50%-25%0%25%HK:0952HK:0717HK:3903HK:1290HK:0612HK:0721Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
HK:0952 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:0952Quam Plus International Financial Limited0.08-0.06-40.00%
HK:0717Emperor Capital Group Limited0.06-0.05-48.11%
HK:3903Hanhua Financial Holding Co., Ltd. Class H0.170.000.00%
HK:1290China Huirong Financial Holdings Ltd.0.55-0.02-3.00%
HK:0612China Investment Fund Company Limited0.340.000.00%
HK:0721China Financial International Investments Limited0.10-0.19-66.67%

Quam Plus International Financial Corporate Events

Quam Finance Grants HK$46.8 Million Standby Credit Facility in Discloseable Transaction

Oct 5, 2026

Quam Finance has entered into a standby credit facility agreement dated 5 October 2026 with a borrower, offering up to HK$46.8 million in committed financing for a defined loan tenor. The facility, which carries a one-off non-refundable commitment fe...

Quam Plus International Financial Subsidiary Takes 1.72% Stake via HK$24.3 Million Share Subscription

Aug 25, 2026

Quam Plus International Financial has disclosed that its wholly owned subsidiary has subscribed to a total of 30,000,000 new shares in a Hong Kong listed target company at HK$0.81 per share. The aggregate subscription price amounts to HK$24,300,000,...

Quam Plus International Financial Stays Barely Profitable Amid Sharp Revenue Drop and Investment Losses

Aug 25, 2026

Quam Plus International Financial Limited reported unaudited consolidated interim results for the six months ended 30 June 2026 that highlight a sharp contraction in total revenue, falling to HK$56.98 million from HK$187.26 million a year earlier. Th...

Quam Plus International Financial Sets Board Meeting to Approve Interim Results and Consider Dividend

Aug 12, 2026

Quam Plus International Financial Limited has scheduled a board meeting for 25 August 2026 to approve the announcement of interim results for the six months ended 30 June 2026. The board will also consider the payment of an interim dividend, signalin...

Quam Plus International Financial Assigns HK$82.5 Million Loan Rights in Discloseable Deal

Aug 5, 2026

Quam Plus International Financial has entered into a Deed of Assignment under which it will transfer its rights and interests in certain loan facility agreements, supplemental agreements and a personal guarantee to an assignee. The assignment relates...

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.

Date of analysis: Aug 29, 2026