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

HK:3623

China Success Finance Group Holdings Ltd.

(HKEX:3623)

Select Model
Rating:44Neutral
Price Target:HKD 0.49â–¼(-3.00% Downside)
Action:reiterated
Date:10/30/26

The score is primarily held down by weak financial performance (ongoing losses, negative margins, and fragile recent cash flow) and bearish technicals (price below all key moving averages with negative momentum). Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is available.

Positive Factors
Revenue reboundThe sharp 2025 revenue rebound shows that the company can still expand its top line after weaker periods. If this growth is sustained and becomes better aligned with cost control, it could broaden operating scale and create a foundation for improved financial performance.
Negative Factors
Persistent unprofitabilitySix consecutive years of net losses and deeply negative 2025 margins indicate that revenue growth has not translated into sustainable earnings. Persistent unprofitability limits internally generated capital, weakens returns on the equity base, and leaves the business exposed to continued operating pressure.

China Success Finance Group Holdings Ltd. (3623) vs. iShares MSCI Hong Kong ETF (EWH)

-80%-60%-40%-20%0%20%HK:3623-61.24%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 315.33M
Dividend Yield
―
Average Volume (3M)
32.64K
Price to Earnings (P/E)
-4.6
Beta (1Y)
0.36
Revenue Growth
335.38%
EPS Growth
-75.17%
Country
Hong Kong
Employees
71
Sector
Financial
Sector Strength
68
Industry
Financial - Conglomerates

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

Company Description

As an investment holding company, China Success Finance Group Holdings Limited provides a comprehensive suite of financial services throughout the People's Republic of China. These services encompass a broad range of guarantees, including those for c...

China Success Finance Group Holdings Ltd. Financial Statement Overview

Summary

Overall financial quality is pressured by persistent net losses and deeply negative margins despite a sharp 2025 revenue rebound. The balance sheet is comparatively steadier with improved leverage (debt-to-equity down in 2025) and a meaningful equity cushion, but returns remain negative. Cash flow has been positive in 2023–2025, yet 2025 operating/free cash flow is very low and fell sharply versus 2024, indicating fragile cash generation.

Income Statement

18Very Negative

Balance Sheet

55Neutral

Cash Flow

42Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue95.35M43.40M66.90M22.74M91.99M108.90M
Gross Profit2.70M-3.12M-28.14M-42.87M-90.02M-51.18M
EBITDA-13.12M-7.62M-15.42M-33.08M0-7.07M
Net Income-58.33M-23.85M-39.12M-33.42M-74.18M-71.18M
Balance Sheet
Total Assets498.77M546.93M558.74M644.94M739.55M922.18M
Cash, Cash Equivalents and Short-Term Investments215.86M220.47M49.40M26.17M157.15M128.16M
Total Debt78.31M129.67M211.69M174.19M191.19M177.78M
Total Liabilities296.84M288.56M321.01M352.83M402.69M512.71M
Stockholders Equity283.19M315.75M287.76M324.56M357.04M421.37M
Cash Flow
Free Cash Flow-1.31M2.46M28.27M8.26M-38.84M-105.67M
Operating Cash Flow-1.06M2.79M28.82M9.35M-12.76M-88.53M
Investing Cash Flow45.26M-6.82M1.68M814.00K-3.76M-14.52M
Financing Cash Flow-54.71M15.87M-34.79M-27.35M7.96M46.11M

China Success Finance Group Holdings Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.50

Price Trends

50DMA0.57Negative
100DMA0.56Negative
200DMA0.68Negative

Market Momentum

MACD-0.02Positive
RSI17.10Positive
STOCH8.33Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3623, the sentiment is Negative. The current price of 0.50 is below the 20-day moving average (MA) of 0.55, below the 50-day MA of 0.57, and below the 200-day MA of 0.68, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 17.10 is Positive, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3623.

China Success Finance Group Holdings Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (68)

Financial Indicators

HK:3623 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
HK:6058HK:605856NeutralHKD 1.80B8.935.78%2.22%12.59%165.79%
HK:0290HK:029050NeutralHKD 13.02B-5.53-37.50%―108.08%-46866.67%
HK:3329HK:332947NeutralHKD 1.44B-23.97-6.23%―256.14%94.83%
HK:3623HK:362344NeutralHKD 315.33M-4.59-19.48%―335.38%-75.17%
HK:0279HK:027942NeutralHKD 502.39M-15.52-26.73%―59.61%55.73%
HK:0888HK:088839UnderperformHKD 45.47M-0.80140.15%―-20.77%-28.57%

* Financial Sector Average

Performance Comparison

0%100%200%300%400%HK:3623HK:0888HK:3329HK:0279HK:0290HK:6058Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:3623 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:3623China Success Finance Group Holdings Ltd.0.50-0.79-61.24%
HK:0888Bison Finance Group Limited0.03-0.05-60.24%
HK:3329BOCOM International Holdings Co. Ltd.0.530.036.06%
HK:0279Arta TechFin Corporation Limited0.36-0.29-44.62%
HK:0290GoFintech Innovation Limited1.55-0.39-19.85%
HK:6058China Industrial Securities International Financial Group Ltd.0.45-0.03-7.22%

China Success Finance Group Holdings Ltd. Corporate Events

China Success Finance Further Delays Circular on 45% Stake Acquisition

Oct 23, 2026

China Success Finance Group Holdings Ltd. has announced a further delay in sending a shareholder circular related to its planned acquisition of a 45% stake in a target company, a deal classified as a discloseable and connected transaction involving t...

China Success Finance Details Full Use of May 2025 Placement Proceeds

Oct 2, 2026

China Success Finance Group Holdings Ltd. has provided supplemental disclosure on how it deployed the net proceeds from its May 2025 share placement, clarifying the actual uses reported in its 2025 annual report. The company raised HK$53.361 million...

China Success Finance Delays Circular on Connected Share Acquisition

Sep 22, 2026

China Success Finance Group Holdings Ltd. has announced a delay in sending a shareholder circular related to its proposed acquisition of a 45% stake in a target company, a transaction that involves issuing new consideration shares under a specific ma...

China Success Finance moves to 96% control of key subsidiary via share-funded deal

Aug 31, 2026

China Success Finance Group Holdings Ltd. has agreed for its wholly owned unit China Success HK to acquire an additional 45 percent stake in a key subsidiary, raising its ownership in the Target Company from 51 percent to 96 percent. The stake, price...

China Success Finance Swings to Deep Interim Loss Despite Revenue Surge From Energy Storage

Aug 28, 2026

China Success Finance Group Holdings reported a sharp rise in interim revenue to RMB58.2 million for the six months ended 30 June 2026, driven mainly by RMB54.4 million in sales of energy storage systems that offset declines in traditional guarantee,...

China Success Finance Sets Formal Workforce Diversity Policy and Oversight Framework

Aug 28, 2026

China Success Finance Group Holdings has adopted a formal workforce diversity policy covering senior management and all employees, aiming to broaden representation by gender, age, background, skills, and experience. The group positions diversity as a...

China Success Finance Warns of Sharply Wider Loss Despite Surging Energy Storage Revenue

Aug 21, 2026

China Success Finance Group Holdings expects net revenue for the six months ended 30 June 2026 to surge by about 485% to 495% year on year, driven mainly by a sharp increase in energy storage revenue to roughly RMB54.4 million as overseas demand in S...

China Success Finance Sets August Board Meeting to Review Interim Results and Dividend

Aug 18, 2026

China Success Finance Group Holdings Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates in the financial services sector via a group of subsidiaries. The company is governed by a board comprising four executive directors and t...

China Success Finance Details Chairman Resignation and Leadership Succession

Aug 14, 2026

China Success Finance Group Holdings Limited has announced supplemental details to its earlier disclosure on the resignation of chairman and executive director Mr. Zhang Tiewei. Citing advancing age and health conditions, Mr. Zhang determined he was...

China Success Finance Names Vice Chairman Xu Kaiying as New Chairman After Zhang Tiewei Resigns

Aug 13, 2026

China Success Finance Group Holdings Ltd. announced that chairman and executive director Zhang Tiewei has resigned from his roles, including his seat on the remuneration committee, effective 13 August 2026 for personal reasons, with no reported disag...

China Success Finance Outlines Board Composition and Committee Roles

Aug 13, 2026

China Success Finance Group Holdings Ltd. has disclosed the current composition of its board, naming four executive directors, including Chairman Xu Kaiying and CEO Li Bin, alongside three independent non-executive directors. The announcement also cl...

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: Oct 30, 2026