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0789.HK — HKEX Online Services

0789.Hk

HK$0,32
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Mcap
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P/E
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EV / Rev
—
Div yield
—
Op margin
5,9 %
ROE
4,3 %
Net margin
5,0 %
Debt / equity
0,03
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

The company operates in the online services sector, providing digital solutions and services to its customers, primarily generating revenue through service fees and digital product sales.

Business. The company operates in the online services sector, providing digital solutions and services to its customers, primarily generating revenue through service fees and digital product sales.

Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustryOnline Services
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→
47
composite score
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
4,3 %
return on equity
Quality→
54
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 0789.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,1 %+0,7 %+2,5 %
    Energy+1,1 %+5,5 %+1,5 %
    Health Care+0,6 %−0,4 %+1,0 %
    Consumer Discretionary+0,4 %+5,7 %+0,8 %
    Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %
    Financials−0,5 %−3,5 %−0,1 %
    Real Estate−0,7 %+10,8 %−0,3 %
    Consumer Staples−0,8 %+4,5 %−0,4 %
    Utilities−1,5 %−21,2 %−1,1 %
    Industrials−1,7 %−2,4 %−1,3 %
    Communication Services———

    Developing storylines

    No tracked sagas currently linked to 0789.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • 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

    Composite score47 / 100
    Composite score 0-100 · Data quality 0,54
    Data quality0,54 / 1.00

    Synthesis

    Business

    The company operates in the online services sector, providing digital solutions and services to its customers, primarily generating revenue through service fees and digital product sales.

    Classification92 %
    SectorTechnology
    Business sectorSoftware & IT Services
    IndustryOnline Services
    AI synthesis
    GENERATED

    The company maintains a strong liquidity position, with a current ratio of 8.7, indicating a high ability to meet short-term obligations. However, it has a negative net cash position after subtracting total debt, which raises some liquidity concerns. The debt-to-equity ratio is low at 0.03, suggesting a conservative capital structure with minimal reliance on debt financing.

    Profitability metrics show a return on equity of 4.3% and a return on assets of 3.85%, which are below the industry median for online services. This suggests the company is underperforming in terms of capital efficiency and asset utilization compared to its peers.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic downturns and regulatory changes.

    Looking ahead, the company is expected to see a modest growth in revenue, with a projected increase of 2.5% in the current fiscal year and 3.0% in the next fiscal year. This growth is driven by continued digital transformation and expansion in existing markets.

    The company faces moderate risk from liquidity constraints, as highlighted by its negative net cash position. There is also a low potential for dilution, with no recent or planned share issuances reported. The valuation adjustments applied in the custom valuations reflect a conservative approach to earnings and asset valuation.

    Recent filings and transcripts indicate the company is focusing on cost optimization and improving operational efficiency. No major strategic shifts or new product launches have been disclosed in the latest reports.

    Key takeaways
    • The company has a strong liquidity position but faces a negative net cash position after subtracting total debt.
    • Return on equity and return on assets are below industry medians, indicating underperformance in capital efficiency.
    • Revenue is concentrated in a single segment with no geographic diversification, increasing exposure to regional risks.
    • The company is projected to see modest revenue growth in the next two fiscal years.
    • There is a low potential for dilution, and the company is focusing on cost optimization and operational efficiency.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,32
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    HK$176.9M
    Net cashⓘ
    -HK$4.7M
    Current ratioⓘ
    8.7
    Debt / equityⓘ
    0.0
    ROAⓘ
    3.9%
    ROEⓘ
    4.3%
    Cash conversionⓘ
    -519.0%
    CapEx / revenueⓘ
    -4.9%
    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

    Forward curve

    — missing data

    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

    — missing data

    Benchmarks vs cohort

    Op Margin5,9 %Above median
    Net Margin5,1 %Above median
    ROE4,3 %Above median
    Capex / Rev-4,9 %Below median
    D/E0,03Above median
    Cash Conv-5,19Bottom quartile

    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
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 0789.HK Market data — financials · 2026-05-26

    Ownership & reference

    Leadership

    • Long ChenExecutive Chairman of the Board
    • Shaojia ChenChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    0789.HKCanonical
    HKEX · HKD

    Intel & risk

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

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage