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China Success Finance Group Holdings Ltd.
(3623)
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Rating:48Neutral
Price Target:
HK$0.56
▼(-57.00% Downside)
Action:Reiterated
Date:07/30/26
The score is held back primarily by weak financial performance—multi-year losses, negative margins, and a sharp decline in 2025 free cash flow—despite improved leverage. Technicals provide partial support with the stock trading above key shorter/mid-term moving averages, but the longer-term trend remains weak (below the 200-day average). Valuation is not a clear positive because the negative P/E reflects ongoing losses and there is no dividend yield data.
Positive Factors
Improved Leverage
The substantial reduction in debt-to-equity strengthens financial flexibility relative to the prior year and reduces balance-sheet pressure. With equity of HK$315.8M versus total debt of HK$129.7M, the company has a more stable capital structure to support operations over the next several quarters.
Negative Factors
Persistent Net Losses
Six consecutive years of net losses indicate that the business has not yet established sustainable profitability. Persistent losses can erode the economic value of the equity base, restrict internally funded investment, and leave future performance dependent on a successful operational turnaround.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Leverage
The substantial reduction in debt-to-equity strengthens financial flexibility relative to the prior year and reduces balance-sheet pressure. With equity of HK$315.8M versus total debt of HK$129.7M, the company has a more stable capital structure to support operations over the next several quarters.
Read all positive factors
China Success Finance Group Holdings Ltd. (3623) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$356.32M
Dividend Yield1.18%
Average Volume (3M)12.80K
Price to Earnings (P/E)―
Beta (1Y)0.60
Revenue Growth335.38%
EPS Growth-75.17%
CountryHK
Employees71
SectorFinancial
Sector Strength70
IndustryFinancial - Conglomerates
Share Statistics
EPS (TTM)-0.09
Shares Outstanding630,663,300
10 Day Avg. Volume0
30 Day Avg. Volume12,800
Financial Highlights & Ratios
PEG Ratio0.57
Price to Book (P/B)1.89
Price to Sales (P/S)13.76
P/FCF Ratio242.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 fo...
China Success Finance Group Holdings Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
55
Neutral
Cash Flow
42
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 95.35M | 43.40M | 66.90M | 22.74M | 91.99M | 108.90M |
| Gross Profit | 2.70M | -3.12M | -28.14M | -42.87M | -90.02M | -51.18M |
| EBITDA | -13.12M | -7.62M | -15.42M | -33.08M | 0.00 | -7.07M |
| Net Income | -58.33M | -23.85M | -39.12M | -33.42M | -74.18M | -71.18M |
Balance Sheet | ||||||
| Total Assets | 498.77M | 546.93M | 558.74M | 644.94M | 739.55M | 922.18M |
| Cash, Cash Equivalents and Short-Term Investments | 215.86M | 220.47M | 49.40M | 26.17M | 157.15M | 128.16M |
| Total Debt | 78.31M | 129.67M | 211.69M | 174.19M | 191.19M | 177.78M |
| Total Liabilities | 296.84M | 288.56M | 321.01M | 352.83M | 402.69M | 512.71M |
| Stockholders Equity | 283.19M | 315.75M | 287.76M | 324.56M | 357.04M | 421.37M |
Cash Flow | ||||||
| Free Cash Flow | -1.31M | 2.46M | 28.27M | 8.26M | -38.84M | -105.67M |
| Operating Cash Flow | -1.06M | 2.79M | 28.82M | 9.35M | -12.76M | -88.53M |
| Investing Cash Flow | 45.26M | -6.82M | 1.68M | 814.00K | -3.76M | -14.52M |
| Financing Cash Flow | -54.71M | 15.87M | -34.79M | -27.35M | 7.96M | 46.11M |
China Success Finance Group Holdings Ltd. Technical Analysis
Negative
1.30
Price Trends
0.60
Negative
0.57
Negative
0.72
Negative
Market Momentum
>-0.01
Positive
36.06
Neutral
38.89
Neutral
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 1.3 is above the 20-day moving average (MA) of 0.59, above the 50-day MA of 0.60, and above the 200-day MA of 0.72, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.06 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, 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
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% | |
64 Neutral | HK$2.00B | 9.92 | 5.78% | 2.00% | 12.59% | 165.79% | |
48 Neutral | HK$356.32M | -5.21 | -19.48% | 1.18% | 335.38% | -75.17% | |
44 Neutral | HK$13.02B | -5.53 | -37.50% | ― | 108.08% | -46866.67% | |
41 Neutral | HK$1.05B | -17.58 | -6.23% | 6.41% | 256.14% | 94.83% | |
41 Neutral | HK$572.17M | -17.67 | -26.73% | ― | 59.61% | 55.73% | |
40 Underperform | HK$48.23M | -0.85 | 140.15% | 4.23% | -23.26% | -28.57% |
* Financial Sector Average
HK:3623
China Success Finance Group Holdings Ltd.
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China Success Finance Group Holdings Ltd. Corporate Events
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 milli...
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...
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, pr...
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 guarant...
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 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 i...
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 an...
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 w...
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 di...
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...
China Success Finance Flags Diverging Fortunes Across Finance, Hog and Energy Units
Jul 20, 2026
The group reported a sharp contraction in its Financial Services Business for FY2025 as weak macroeconomic conditions and subdued financing demand drove net revenue down 42.23%, with guarantee fees falling and the new electronic tender guarantee p...
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.