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Companies Financials 3623.HK
36
3623.HK HKEX Corporate Financial Services

3623.Hk

HK$0,71
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Mcap
447,8M HKD
P/E
EV / Rev
Div yield
Op margin
-44,4 %
ROE
-7,8 %
Net margin
-58,3 %
Debt / equity
0,41
Beta
52w range
Volume
Day range
Prev close
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Next earnings
Ex-dividend
TR 1Y
About

3623.HK operates in the banking sector, providing corporate financial services and generating revenue primarily through interest income and fee-based services.

Business. 3623.HK operates in the banking sector, providing corporate financial services and generating revenue primarily through interest income and fee-based services.

Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryCorporate Financial Services
ActivityBanking
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-7,8 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 3623.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 3623.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    3623.HK operates in the banking sector, providing corporate financial services and generating revenue primarily through interest income and fee-based services.

    Classification92 %
    SectorFinancials
    Business sectorBanking & Investment Services
    IndustryCorporate Financial Services
    ActivityBanking
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a debt-to-equity ratio of 0.41, indicating a relatively conservative leverage position compared to industry norms. Its liquidity position is assessed as medium, with a current ratio of 2.38, suggesting the company has sufficient short-term assets to cover its short-term liabilities. However, the company's net cash position is negative after subtracting total debt, which raises concerns about its ability to meet short-term obligations without additional financing.

    Profitability metrics show a challenging performance, with a return on equity (ROE) of -7.76% and a return on assets (ROA) of -4.48%. These figures indicate that the company is not generating returns that meet the cost of equity or assets, which is below the typical performance of its industry peers. The company's operating income and net income are both negative, reflecting a significant decline in profitability.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases the company's exposure to regional economic downturns and regulatory changes. The absence of detailed segment reporting limits the ability to assess the performance of different parts of the business.

    The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. The negative net income and operating income suggest a potential decline in revenue or an increase in costs, which could impact future growth. The company's recent financial performance indicates a need for strategic adjustments to improve profitability and sustain growth.

    Risk factors include a medium liquidity risk, primarily due to the negative net cash position after total debt. The company's dilution potential is assessed as low, but the risk of dilution remains a concern if the company needs to raise additional capital to address liquidity issues. The company's recent financial performance and risk profile suggest a need for careful monitoring of its capital structure and liquidity position.

    Recent events, including the company's latest financial filing, highlight the challenges in maintaining profitability and liquidity. The company's negative net income and operating income indicate a need for strategic adjustments to improve financial performance. The absence of detailed segment reporting and geographic diversification further complicates the company's ability to address these challenges.

    Key takeaways
    • The company is experiencing significant financial losses, with negative net income and operating income.
    • The company's liquidity position is medium, with a current ratio of 2.38, but a negative net cash position after total debt.
    • Profitability metrics are below industry norms, with a return on equity of -7.76% and a return on assets of -4.48%.
    • The company's revenue is concentrated in a single business segment, increasing its exposure to regional economic downturns.
    • The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year.
    • The company's risk profile includes medium liquidity risk and low dilution potential, but the risk of dilution remains a concern if the company needs to raise additional capital.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,71
    Market cap
    HK$466.7M
    Enterprise value
    HK$596.3M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    1.5x
    P / Tangible book
    1.5x
    Tangible book
    HK$315.6M
    Net cash
    -HK$129.6M
    Current ratio
    2.4
    Debt / equity
    0.4
    ROA
    -4.5%
    ROE
    -7.8%
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-44,4 %Bottom quartile
    Net Margin-58,3 %Bottom quartile
    ROE-7,8 %Bottom quartile
    D/E0,41Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • 3623.HK Market data — financials · 2026-05-26

    Ownership & reference

    Leadership

    • Bin LiChief Executive Officer, Executive Director
    • Tiewei ZhangExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3623.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage