GoFintech Innovation Ltd 00290

Morningstar Rating
HK$0.78 +0.02 (2.63%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

00290 is trading at a 737% premium.
Price
HK$0.76
Fair Value
HK$4.14
Uncertainty
Extreme
1-Star Price
HK$92.88
5-Star Price
HK$7.81
Economic Moat
Vxmr
Capital Allocation

Trading Information

Previous Close Price
HK$0.76
Day Range
HK$0.750.78
52-Week Range
HK$0.051.15
Bid/Ask
HK$0.76 / HK$0.78
Market Cap
HK$5.55 Bil
Volume/Avg
2.5 Mil / 3.4 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
55.89
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

GoFintech Innovation Ltd is a cross-border financial service platform based in Hong Kong backed by the Greater Bay Area. The company's reportable and operating segments are; Securities brokerage and margin financing, Corporate finance, Money lending, Consultancy and Insurance brokerage, Asset management, and Equity investment. It generates maximum revenue from the Securities brokerage and margin financing segment which engages in securities brokerage and margin financing in Hong Kong. Geographically, the company derives a majority of its revenue from Hong Kong and the rest from the People's Republic of China.
Sector
Financial Services
Industry
Financial Conglomerates
Stock Style Box
Small Core
Total Number of Employees
67

Comparables

Valuation

Metric
00290
01469
00335
Price/Earnings (Normalized)
6.4220.39
Price/Book Value
6.110.400.86
Price/Sales
55.895.1519.80
Price/Cash Flow
6.2127.10
Price/Earnings
00290
01469
00335

Financial Strength

Metric
00290
01469
00335
Quick Ratio
1.9416.543.51
Current Ratio
2.9717.453.70
Interest Coverage
−17.961,109.6218.31
Quick Ratio
00290
01469
00335

Profitability

Metric
00290
01469
00335
Return on Assets (Normalized)
−4.44%5.82%3.91%
Return on Equity (Normalized)
−6.48%6.25%4.27%
Return on Invested Capital (Normalized)
−7.15%6.21%4.30%
Return on Assets
00290
01469
00335

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