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INDICATIVE · SAMPLE DATA
362356

China Success Finance Group Holdings Ltd

Corporate Financial ServicesVerified

China Success Finance Group Holdings Ltd has a debt-to-equity ratio of 0.41 and a current ratio of 2.38, indicating moderate liquidity and a relatively strong short-term position. However, the company's negative net cash position after subtracting total debt raises concerns about its ability to meet long-term obligations. The company's profitability is weak, with a return on equity of -7.76% and a return on assets of -4.48%, both significantly below the industry norms for corporate financial services. These metrics suggest the company is underperforming in generating returns for shareholders and utilizing its assets efficiently. The company's revenue is spread across three segments: Financial Services, Market Pig, and Energy Storage. While the financial services segment is the core business, the company's exposure to the market pig and energy storage segments introduces diversification but also potential volatility due to agricultural and energy market fluctuations. The company's growth trajectory is uncertain, with no specific revenue growth projections provided for the current or next fiscal year. Historical financial data shows a decline in profitability, with a net loss of CNY 24.48 million in the latest reporting period. The company faces several risk factors, including liquidity concerns and the potential for dilution, although the risk of dilution is currently assessed as low. The negative net cash position and operating losses suggest the company may need to raise additional capital in the future, which could lead to share dilution. Recent filings and transcripts do not indicate any major strategic shifts or significant events that would alter the company's current financial trajectory. The company continues to operate in a challenging environment for financial services firms, with regulatory scrutiny and economic headwinds affecting the sector.

30-day price · 3623-0.02 (-2.7%)
Low$0.66High$0.79Close$0.71As of21 May, 00:00 UTC
Profile
CompanyChina Success Finance Group Holdings Ltd
Ticker3623.HK
SectorFinancials
BusinessBanking & Investment Services
Industry groupBanking & Investment Services
IndustryCorporate Financial Services
AI analysis

Business. China Success Finance Group Holdings Ltd provides financial services, including guarantee, factoring, financial leasing, and consulting services, and operates in the market pig and energy storage segments.

Classification. The company is classified under the Financials economic sector, Banking & Investment Services business sector, and Corporate Financial Services industry with a confidence level of 0.92.

China Success Finance Group Holdings Ltd has a debt-to-equity ratio of 0.41 and a current ratio of 2.38, indicating moderate liquidity and a relatively strong short-term position. However, the company's negative net cash position after subtracting total debt raises concerns about its ability to meet long-term obligations. The company's profitability is weak, with a return on equity of -7.76% and a return on assets of -4.48%, both significantly below the industry norms for corporate financial services. These metrics suggest the company is underperforming in generating returns for shareholders and utilizing its assets efficiently. The company's revenue is spread across three segments: Financial Services, Market Pig, and Energy Storage. While the financial services segment is the core business, the company's exposure to the market pig and energy storage segments introduces diversification but also potential volatility due to agricultural and energy market fluctuations. The company's growth trajectory is uncertain, with no specific revenue growth projections provided for the current or next fiscal year. Historical financial data shows a decline in profitability, with a net loss of CNY 24.48 million in the latest reporting period. The company faces several risk factors, including liquidity concerns and the potential for dilution, although the risk of dilution is currently assessed as low. The negative net cash position and operating losses suggest the company may need to raise additional capital in the future, which could lead to share dilution. Recent filings and transcripts do not indicate any major strategic shifts or significant events that would alter the company's current financial trajectory. The company continues to operate in a challenging environment for financial services firms, with regulatory scrutiny and economic headwinds affecting the sector.
Key takeaways
  • The company's liquidity position is moderate, with a current ratio of 2.38 but a negative net cash position after debt.
  • Profitability metrics are poor, with a return on equity of -7.76% and a return on assets of -4.48%.
  • Revenue is diversified across three segments, but the financial services segment remains the primary source of income.
  • The company's growth outlook is uncertain, with no clear projections for the current or next fiscal year.
  • Liquidity and dilution risks are present, though dilution is currently assessed as low.
  • --
  • ## RATIONALES
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Financial snapshot
PeriodHA-latest
CurrencyCNY
Revenue$42.0M
Gross profit-$20.1M
Operating income-$18.6M
Net income-$24.5M
R&D
SG&A
D&A
SBC
Operating cash flow
CapEx
Free cash flow
Total assets$546.7M
Total liabilities$231.1M
Total equity$315.6M
Cash & equivalents
Long-term debt$129.6M
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0
FY-1
FY-2
FY-3
FY-4
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0
FY-1
FY-2
FY-3
FY-4
PeriodOCFCapExFCFSBC
FY0
FY-1
FY-2
FY-3
FY-4
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price
Market cap
Enterprise value
P/E
Reported non-GAAP P/E
EV/Revenue
EV/Op income
EV/OCF
P/B
P/Tangible book
Tangible book$315.6M
Net cash-$129.6M
Current ratio2.4
Debt/Equity0.4
ROA-4.5%
ROE-7.8%
Cash conversion
CapEx/Revenue
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Banking · cohort 1 companies
Metric3623Activity
Op margin-44.4%27.8% medp25 11.0% · p75 56.0%bottom quartile
Net margin-58.3%30.4% medp25 30.4% · p75 30.4%bottom quartile
Gross margin-47.9%63.4% medp25 42.7% · p75 94.6%bottom quartile
CapEx / revenue19.6% medp25 19.6% · p75 19.6%
Debt / equity41.0%590.5% medp25 317.2% · p75 863.7%bottom quartile
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-10 04:13 UTC#cb560e33
Source: analysis-pipeline (hybrid)Generated: 2026-05-10 04:16 UTCJob: 68ba4286