China Success Finance Group Holdings Ltd. (3623) AI Stock Analysis

• Market Cap: HK$497.19M
• Dividend Yield: N/A
• Average Volume (3M): 102.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.19
• Revenue Growth: 90.50%
• EPS Growth: -12.94%
• Country: HK
• Employees: 66
• Sector: Financial
• Sector Strength: 89
• Industry: Financial - Conglomerates
• EPS (TTM): -0.06
• Shares Outstanding: 552,437,300
• 10 Day Avg. Volume: 207,800
• 30 Day Avg. Volume: 102,266
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

China Success Finance Group Holdings Ltd. faces significant financial challenges, with declining revenues and negative profit margins. Despite a strong cash reserve, the company relies on debt, which is concerning. The short-term technical indicators suggest some positive momentum, though the stock is overbought. The negative P/E ratio and lack of dividend yield further weigh on the stock's attractiveness.

China Success Finance Group Holdings Ltd. Business Overview & Revenue Model

Company Description

China Success Finance Group Holdings Ltd. (3623) is a financial services company based in China, primarily engaged in providing a range of financial solutions to small and medium-sized enterprises (SMEs). The company specializes in offering financial guarantee services, financial leasing, and other related financial services that facilitate the growth and development of SMEs in the region.

How the Company Makes Money

China Success Finance Group Holdings Ltd. generates revenue primarily through fees and interest income derived from its financial guarantee services and financial leasing operations. The financial guarantee services involve providing assurance to lenders on behalf of SMEs, for which the company charges a fee. Additionally, the financial leasing segment allows the company to earn interest and fees by leasing equipment and other assets to SMEs. The revenue model is supported by strategic partnerships with banks and financial institutions, which enhance the company's capacity to offer these services and expand its market reach.

China Success Finance Group Holdings Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
15.64M	91.99M	108.90M	185.16M	103.67M
	Gross Profit
-49.98M	-90.02M	-51.18M	-66.37M	-108.12M
	EBIT
-42.09M	-89.25M	-49.47M	-64.81M	-429.90M
	EBITDA
0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
-33.42M	-74.18M	-71.18M	-83.42M	-430.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
26.17M	54.12M	93.62M	177.96M	406.88M
	Total Assets
644.94M	739.55M	922.18M	1.20B	2.15B
	Total Debt
174.19M	191.19M	177.78M	121.54M	106.00M
	Net Debt
-83.56M	161.21M	148.06M	34.96M	-87.84M
	Total Liabilities
352.83M	402.69M	512.71M	718.97M	1.60B
	Stockholders Equity
324.56M	357.04M	421.37M	480.36M	546.27M
Cash Flow		Free Cash Flow
8.26M	-38.84M	-105.67M	-113.05M	-39.35M
	Operating Cash Flow
9.35M	-12.76M	-88.53M	-26.75M	-39.32M
	Investing Cash Flow
814.00K	-3.76M	-14.52M	-71.13M	17.46M
	Financing Cash Flow
-27.35M	18.96M	46.11M	-7.36M	-19.67M

China Success Finance Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.93
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3623, the sentiment is Positive. The current price of 0.93 is above the 20-day moving average (MA) of 0.83, above the 50-day MA of 0.81, and above the 200-day MA of 0.87, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 74.65 is Negative, neither overbought nor oversold. The STOCH value of 62.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3623.

China Success Finance Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6069	77 Outperform	HK$12.55B	30.03	9.53%	2.12%	-6.00%	39.70%
Sector *	64 Neutral	$12.57B	9.74	7.88%	16985.68%	12.42%	-5.45%
3623	45 Neutral	HK$497.19M	―	-12.79%	―	90.50%	-12.94%
3383	40 Underperform	HK$2.32B	―	-90.47%	―	-1.96%	-17.34%
1238	36 Underperform	HK$1.45B	―	-16.13%	―	10.08%	-118.45%
2777	31 Underperform	$3.71B	―	-71.13%	―	-50.18%	12.86%

China Success Finance Group Holdings Ltd. Corporate Events

China Success Finance Announces Bond Subscription and Share Placing

China Success Finance Group Holdings Ltd. announced a discloseable transaction involving the subscription for an exchangeable bond valued at US$4 million and the placing of new shares under a general mandate. This move includes issuing consideration shares and placing up to 77 million shares at a discount, aiming to raise approximately HK$53.36 million net proceeds. These actions are expected to impact the company’s share capital and market positioning, subject to the satisfaction of certain conditions.

China Success Finance Grants 9 Million Share Options to Boost Growth

China Success Finance Group Holdings Ltd. has announced the grant of 9,000,000 share options to eligible participants under its Share Option Scheme, aimed at recognizing and incentivizing contributions to the company. The options, valid for ten years with a 12-month vesting period, are designed to align the interests of grantees with shareholders, promoting sustained competitiveness and growth without future performance targets.

China Success Finance Partners with Yinzhe Technology for Strategic Growth

China Success Finance Group Holdings Ltd. has entered into a strategic cooperation agreement with Yinzhe Technology to enhance their financial services offerings in the Greater Bay Area. This collaboration aims to leverage both companies’ strengths in fintech and real estate to develop innovative financial products and services, potentially opening new development opportunities and deepening strategic cooperation.

China Success Finance Reports 2024 Annual Results with Increased Revenue but Higher Losses

China Success Finance Group Holdings Ltd. reported its annual results for the year ending December 31, 2024, showing a significant increase in revenue by 225.4% to RMB 64,585,000 compared to the previous year. Despite the revenue growth, the company faced a comprehensive loss of RMB 55,939,000, marking a 23.1% increase in losses from the previous year. The results reflect challenges in managing costs, particularly in the energy storage system sector, and a decrease in other revenue streams.

China Success Finance Group Issues Profit Warning Amid Market Challenges

China Success Finance Group Holdings Limited has issued a profit warning, indicating an expected increase in losses by 20% to 30% for the year ending December 31, 2024, compared to the previous year. The anticipated losses are primarily due to challenges in their market hog business, which is undergoing a transitional period, and a decline in real estate market prices in mainland China, affecting the fair value of their financial assets. Stakeholders are advised to exercise caution as the final financial results may differ from the preliminary assessment.

China Success Finance Group Announces Upcoming Board Meeting

China Success Finance Group Holdings Ltd. has announced a board meeting scheduled for March 28, 2025, where the board will consider and approve the consolidated financial results for the year ended December 31, 2024. The meeting will also discuss the recommendation for the payment of a final dividend, which could impact the company’s financial strategy and shareholder returns.