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LFG Investment Holdings Limited (3938) AI Stock Analysis
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LFG Investment Holdings Limited
(HKEX:3938)
The score is primarily supported by improved 2026 operating results and a relatively conservative balance sheet, but is held back by weak technical momentum (below key moving averages with negative MACD and very low RSI/Stoch) and an expensive valuation (P/E ~181.7) alongside historically volatile earnings and cash flow.
LFG Investment Holdings Limited (3938) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 1.14B
- Dividend Yield
- ―
- Average Volume (3M)
- 108.44K
- Price to Earnings (P/E)
- 132.6
- Beta (1Y)
- 0.92
- Revenue Growth
- 78.73%
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 44
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Financial - Capital Markets
LFG Investment Holdings Limited Business Overview & Revenue Model
Company Description
LFG Investment Holdings Limited, an investment holding company, operates as a financial services provider primarily in Hong Kong. The company offers corporate finance advisory services, including IPO sponsorship, financial and independent financial a...
LFG Investment Holdings Limited Financial Statement Overview
Summary
Financials are mixed: a strong 2026 rebound (revenue up ~72.8% and profitability returning) and a low-leverage balance sheet support the score, but multi-year losses and volatile profitability/cash flow (including a sharp 2026 free-cash-flow decline) reduce confidence in sustainability.
Income Statement
58NeutralBalance Sheet
72PositiveCash Flow
61Positive| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 67.37M | 67.37M | 25.17M | 94.17M | 42.83M | 78.14M |
| Gross Profit | 56.76M | 56.76M | -9.10M | 40.20M | 42.83M | 29.85M |
| EBITDA | 14.82M | 14.82M | -28.37M | 4.98M | -11.54M | 6.44M |
| Net Income | 8.06M | 8.06M | -35.00M | -3.99M | -22.68M | -3.29M |
Balance Sheet | ||||||
| Total Assets | 419.37M | 419.37M | 254.05M | 231.37M | 261.58M | 314.02M |
| Cash, Cash Equivalents and Short-Term Investments | 123.34M | 123.34M | 73.05M | 81.14M | 61.20M | 127.60M |
| Total Debt | 18.51M | 18.51M | 8.65M | 26.03M | 31.31M | 41.64M |
| Total Liabilities | 279.34M | 279.34M | 155.63M | 97.61M | 113.45M | 143.50M |
| Stockholders Equity | 140.03M | 140.03M | 98.42M | 132.94M | 147.08M | 169.36M |
Cash Flow | ||||||
| Free Cash Flow | 11.09M | 11.09M | 31.97M | 40.98M | -12.57M | -7.44M |
| Operating Cash Flow | 12.68M | 12.68M | 33.14M | 42.33M | -12.57M | -7.10M |
| Investing Cash Flow | -1.59M | -1.59M | -2.59M | -1.35M | 0 | -3.73M |
| Financing Cash Flow | 24.97M | 24.97M | -27.41M | -20.75M | -13.42M | 19.76M |
LFG Investment Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3938, the sentiment is Negative. The current price of 2.32 is below the 20-day moving average (MA) of 2.54, below the 50-day MA of 2.83, and below the 200-day MA of 3.24, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 17.69 is Positive, neither overbought nor oversold. The STOCH value of 14.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3938.
LFG Investment Holdings Limited Peers Comparison
Overall Rating
HK:033578Outperform
HK:191165Neutral
HK:006463Neutral- HK:393855Neutral
HK:021849Neutral
HK:114141Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0335 | 78Outperform | HKD 1.77B | 19.70 | 3.13% | 3.03% | -6.66% | 29.34% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| HK:1911 | 65Neutral | HKD 2.03B | 16.99 | 1.56% | ― | 16.75% | ― |
| HK:0064 | 63Neutral | HKD 2.46B | 46.06 | 0.80% | 1.25% | -30.15% | 1.41% |
| HK:3938 | 55Neutral | HKD 1.14B | 132.57 | 5.89% | ― | 78.73% | ― |
| HK:0218 | 49Neutral | HKD 1.20B | 9.90 | 4.36% | ― | 200.24% | ― |
| HK:1141 | 41Neutral | HKD 685.61M | 3.90 | 10.19% | ― | 21.19% | 94.57% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:3938 | LFG Investment Holdings Limited | 2.32 | 1.46 | 169.77% | |
| HK:1911 | China Renaissance Holdings | 3.54 | -2.38 | -40.20% | |
| HK:0335 | Upbest Group Limited | 0.66 | 0.01 | 1.54% | |
| HK:1141 | CMBC Capital Holdings Limited | 0.63 | -0.49 | -43.69% | |
| HK:0218 | Shenwan Hongyuan (H.K.) Limited | 0.77 | -0.86 | -52.76% | |
| HK:0064 | Get Nice Holdings Limited | 3.98 | 2.52 | 172.98% |
LFG Investment Holdings Limited Corporate Events
LFG Extends Long Stop Date as Cash Offer Awaits SFC Approval
LFG Investment Holdings Limited and Fortune Origin International Capital (Holdings) Limited have issued a joint announcement regarding possible mandatory unconditional cash offers for all issued shares of LFG not already owned by the offeror and its...
LFG Extends Long Stop Date Again as SFC Approval Holds Up Takeover
LFG Investment Holdings Limited and its offeror, Fortune Origin International Capital (Holdings) Limited, have issued a joint update on the proposed mandatory unconditional cash offers to acquire all issued shares not already owned by the offeror and...
LFG Extends Share Purchase Long Stop Date as Mandatory Cash Offers Progress
LFG Investment Holdings Limited and its offeror, Fortune Origin International Capital (Holdings) Limited, have issued a joint announcement on the proposed mandatory unconditional cash offers for all issued shares of LFG not already owned by the offer...
LFG Investment Wins Unanimous Shareholder Backing at 2026 AGM
Shareholders of LFG Investment Holdings Limited approved all resolutions at the annual general meeting held on August 25, 2026, with 376,993,981 shares voting and no opposition recorded. The meeting adopted the audited financial statements for the ye...
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 07, 2026