Symbols / AXG Stock $3.89 +2.64% Solowin Holdings

Financial Services • Capital Markets • Hong Kong • NCM
AXG (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Financial Services
Industry Capital Markets
CEO Mr. Ling Ngai Lok
Exch · Country NCM · Hong Kong
Market Cap 735.03M
Enterprise Value 721.47M
Income -6.92M
Sales 7.66M
FCF (ttm)
Book/sh 1.97
Cash/sh 0.05
Employees 33
Insider 10d
IPO Sep 07, 2023
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E
Forward P/E
PEG
P/S 96.01
P/B 1.97
P/C
EV/EBITDA
EV/Sales 94.24
Quick Ratio 1.17
Current Ratio 1.73
Debt/Eq 0.55
LT Debt/Eq
EPS (ttm) -0.21
EPS next Y
EPS Growth
Revenue Growth 295.80%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-06-30
Earnings (prior)
ROA -3.49%
ROE -3.69%
ROIC
Gross Margin 92.31%
Oper. Margin 0.29%
Profit Margin -90.32%
Shs Outstand 157.58M
Shs Float 50.99M
Insider Own 99.54%
Instit Own 0.45%
Short Float 0.54%
Short Ratio 1.86
Short Interest 792.83K
52W High 5.09
vs 52W High -23.58%
52W Low 1.34
vs 52W Low 190.30%
Beta -0.14
Impl. Vol.
Rel Volume 0.45
Avg Volume 549.80K
Volume 249.48K
Target (mean)
Tgt Median
Tgt Low
Tgt High
# Analysts
Recom None
Prev Close $3.79
Price $3.89
Change 2.64%
About

Solowin Holdings, an investment holding company, provides corporate finance, wealth management, virtual assets, and asset management services in Hong Kong. It operates Solomon VA+, a trading platform that allows investors to trade over listed securities and their derivative products listed on the Hong Kong Stock Exchange (HKSE), New York Stock Exchange, Nasdaq, Shanghai Stock Exchange, and Shenzhen Stock Exchange; and provides online account opening and trading services through its front trading and back-office clearing systems. The company also offers Hong Kong initial public offering (IPO) underwriting, public offer application, and margin financing services; international placing subscription; Hong Kong pre-IPO securities trading; US IPO subscription; virtual assets trading, IPO subscription and placement, bond trading, fund subscription, equity custodian and agent, investment immigrant account management, enterprise employee shareholding exercise, professional investment research, and instant quotation services. In addition, it provides investment advisory services to its clients based on their financial needs and risk appetite; and issues and manages various fund products. Further, the company offers professional asset management services to financial and private institutions; tailored financial services to individual investors; investment banking services; virtual asset dealing, virtual assets spot exchange-traded products subscription and redemption, security token offering, and blockchain services; financial and independent financial advisory services for unlisted and listed companies; and securities dealing and advice, financial planning, and offshore private fund investment services. Solowin Holdings was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified FCF or EPS-based estimate
Ratings
Current target
$3.89
Low
High
Mean
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Revenue
2.87
-33.68%
4.32
-2.99%
4.45
+36.72%
3.26
Operating Revenue
2.87
-33.68%
4.32
-2.99%
4.45
+36.72%
3.26
Cost Of Revenue
2.71
+123.55%
1.21
-4.35%
1.26
-45.33%
2.31
Reconciled Cost Of Revenue
2.71
+123.55%
1.21
-4.35%
1.26
-45.33%
2.31
Gross Profit
0.16
-94.86%
3.11
-2.45%
3.19
+238.07%
0.94
Operating Expense
8.54
+13.69%
7.51
+305.62%
1.85
-2.01%
1.89
Selling General And Administration
6.84
+17.12%
5.84
+380.26%
1.22
-0.90%
1.23
Selling And Marketing Expense
1.01
+8.52%
0.93
+108.78%
0.44
-36.84%
0.70
General And Administrative Expense
5.83
+18.75%
4.91
+536.40%
0.77
+47.33%
0.52
Salaries And Wages
0.06
-98.47%
3.85
+12312.90%
0.03
Other Gand A
5.64
+475.89%
0.98
+34.48%
0.73
+38.93%
0.52
Other Operating Expenses
2.20
+170.02%
0.81
+31.93%
0.62
+9.59%
0.56
Total Expenses
11.24
+28.94%
8.72
+179.78%
3.12
-25.86%
4.20
Operating Income
-8.38
-90.45%
-4.40
-428.95%
1.34
+241.33%
-0.95
EBITDA
-8.41
-92.52%
-4.37
-419.75%
1.37
+287.00%
-0.73
Normalized EBITDA
-8.33
-90.55%
-4.37
-422.35%
1.36
+281.53%
-0.75
Reconciled Depreciation
0.10
+230.00%
0.03
+66.67%
0.02
-5.26%
0.02
EBIT
-8.51
-93.46%
-4.40
-426.24%
1.35
+279.87%
-0.75
Total Unusual Items
-0.09
0.00
-100.00%
0.01
-31.25%
0.02
Total Unusual Items Excluding Goodwill
-0.09
0.00
-100.00%
0.01
-31.25%
0.02
Special Income Charges
-0.10
0.00
0.00
Net Income
-8.54
-87.40%
-4.56
-437.73%
1.35
+237.79%
-0.98
Pretax Income
-8.52
-93.57%
-4.40
-426.24%
1.35
+237.79%
-0.98
Net Non Operating Interest Income Expense
-0.01
0.00
0.00
+100.00%
-0.23
Interest Expense Non Operating
0.01
0.00
0.00
-100.00%
0.23
Net Interest Income
-0.01
0.00
0.00
+100.00%
-0.23
Interest Expense
0.01
0.00
0.00
-100.00%
0.23
Interest Income Non Operating
0.03
0.00
-100.00%
0.00
Interest Income
0.03
0.00
-100.00%
0.00
Other Income Expense
-0.14
-4466.67%
-0.00
-125.00%
0.01
-93.88%
0.20
Other Non Operating Income Expenses
0.00
0.00
-99.44%
0.18
Gain On Sale Of Security
0.01
0.01
-31.25%
0.02
Gain On Sale Of Business
-0.10
0.00
0.00
Tax Provision
0.02
-87.74%
0.15
0.00
0.00
Tax Rate For Calcs
0.00
+0.00%
0.00
0.00
0.00
Tax Effect Of Unusual Items
-0.01
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-8.54
-87.40%
-4.56
-437.73%
1.35
+237.79%
-0.98
Net Income From Continuing Operation Net Minority Interest
-8.54
-87.40%
-4.56
-437.73%
1.35
+237.79%
-0.98
Net Income From Continuing And Discontinued Operation
-8.54
-87.40%
-4.56
-437.73%
1.35
+237.79%
-0.98
Net Income Continuous Operations
-8.54
-87.40%
-4.56
-437.73%
1.35
+237.79%
-0.98
Normalized Income
-8.47
-85.83%
-4.56
-440.51%
1.34
+234.47%
-0.99
Net Income Common Stockholders
-8.54
-87.40%
-4.56
-437.73%
1.35
+237.79%
-0.98
Diluted EPS
-0.53
-60.61%
-0.33
-400.00%
0.11
+234.83%
-0.08
Basic EPS
-0.53
-60.61%
-0.33
-400.00%
0.11
+234.83%
-0.08
Basic Average Shares
16.13
+17.51%
13.72
+14.37%
12.00
+0.00%
12.00
Diluted Average Shares
16.13
+17.51%
13.72
-1.97%
14.00
+0.00%
14.00
Diluted NI Availto Com Stockholders
-8.54
-87.40%
-4.56
-437.73%
1.35
+237.79%
-0.98
Earnings From Equity Interest
-0.05
-1700.00%
-0.00
0.00
0.00
Insurance And Claims
0.14
+59.30%
0.09
+561.54%
0.01
Provision For Doubtful Accounts
-0.50
-158.78%
0.85
+4644.44%
0.02
-81.82%
0.10
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Assets
12.31
-20.08%
15.40
+50.59%
10.23
+8.12%
9.46
Current Assets
9.66
-24.53%
12.79
+31.58%
9.72
+6.89%
9.10
Cash Cash Equivalents And Short Term Investments
3.84
+79.35%
2.14
+11.17%
1.93
+97.03%
0.98
Cash And Cash Equivalents
3.84
+79.35%
2.14
+11.17%
1.93
+97.03%
0.98
Receivables
0.27
-93.42%
4.15
+144.67%
1.70
+74.77%
0.97
Accounts Receivable
0.19
-93.35%
2.89
+125.80%
1.28
+417.81%
0.25
Gross Accounts Receivable
0.69
-79.99%
3.46
+130.56%
1.50
+232.30%
0.45
Allowance For Doubtful Accounts Receivable
-0.50
+12.87%
-0.57
-157.85%
-0.22
-8.78%
-0.20
Other Receivables
0.02
-97.14%
0.66
+119.14%
0.30
+50.00%
0.20
Loans Receivable
0.00
-100.00%
0.57
0.00
-100.00%
0.41
Prepaid Assets
0.52
-62.45%
1.39
+760.25%
0.16
+302.50%
0.04
Current Deferred Assets
0.00
-100.00%
0.34
0.00
Restricted Cash
5.02
-1.80%
5.11
-8.55%
5.59
-21.24%
7.10
Other Current Assets
0.01
+0.00%
0.01
-22.22%
0.01
-30.77%
0.01
Total Non Current Assets
2.65
+1.73%
2.61
+418.09%
0.50
+38.95%
0.36
Net PPE
0.83
-31.40%
1.21
+326.50%
0.28
+102.14%
0.14
Gross PPE
2.29
+19.36%
1.92
+473.65%
0.33
+93.06%
0.17
Accumulated Depreciation
-1.46
-105.78%
-0.71
-1290.20%
-0.05
-54.55%
-0.03
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
1.98
+16.73%
1.69
+574.10%
0.25
+156.12%
0.10
Machinery Furniture Equipment
0.14
+22.88%
0.12
+136.00%
0.05
+0.00%
0.05
Leases
0.17
+57.55%
0.11
+221.21%
0.03
+32.00%
0.03
Goodwill And Other Intangible Assets
0.09
+11.69%
0.08
+20.31%
0.06
+0.00%
0.06
Other Intangible Assets
0.09
+11.69%
0.08
+20.31%
0.06
+0.00%
0.06
Investments And Advances
0.37
+44.88%
0.25
0.00
Long Term Equity Investment
0.37
+44.88%
0.25
0.00
Non Current Prepaid Assets
1.37
+28.18%
1.07
+584.62%
0.16
-1.27%
0.16
Total Liabilities Net Minority Interest
7.58
+16.98%
6.48
-5.94%
6.89
-7.68%
7.46
Current Liabilities
7.49
+24.11%
6.04
-11.09%
6.79
-8.96%
7.46
Payables And Accrued Expenses
6.50
+20.16%
5.41
-17.01%
6.51
-11.49%
7.36
Payables
5.97
+15.42%
5.17
-18.53%
6.35
-12.83%
7.29
Accounts Payable
5.02
-1.74%
5.11
-19.46%
6.35
-12.91%
7.29
Current Accrued Expenses
0.52
+125.86%
0.23
+42.33%
0.16
+120.27%
0.07
Total Tax Payable
0.00
-100.00%
0.06
0.00
Income Tax Payable
0.00
-100.00%
0.06
0.00
Current Debt And Capital Lease Obligation
1.00
+58.00%
0.63
+304.49%
0.16
+59.18%
0.10
Current Debt
0.42
Other Current Borrowings
0.42
Current Capital Lease Obligation
0.58
-8.56%
0.63
+304.49%
0.16
+59.18%
0.10
Current Deferred Liabilities
0.00
-100.00%
0.12
0.00
Current Deferred Revenue
0.00
-100.00%
0.12
0.00
Total Non Current Liabilities Net Minority Interest
0.08
-81.09%
0.44
+362.11%
0.10
0.00
Long Term Debt And Capital Lease Obligation
0.08
-81.09%
0.44
+362.11%
0.10
0.00
Long Term Capital Lease Obligation
0.08
-81.09%
0.44
+362.11%
0.10
0.00
Stockholders Equity
4.73
-46.99%
8.92
+167.11%
3.34
+67.05%
2.00
Common Stock Equity
4.73
-46.99%
8.92
+167.11%
3.34
+67.05%
2.00
Capital Stock
0.00
+100.00%
0.00
+0.00%
0.00
+0.00%
0.00
Common Stock
0.00
+100.00%
0.00
+0.00%
0.00
+0.00%
0.00
Share Issued
16.48
+6.32%
15.50
+10.71%
14.00
+0.00%
14.00
Ordinary Shares Number
16.48
+6.32%
15.50
+10.71%
14.00
+0.00%
14.00
Additional Paid In Capital
19.22
+28.92%
14.91
+211.56%
4.79
+0.00%
4.79
Retained Earnings
-14.52
-142.68%
-5.98
-319.05%
-1.43
+48.58%
-2.78
Gains Losses Not Affecting Retained Earnings
0.03
+3300.00%
-0.00
+94.12%
-0.02
-88.89%
-0.01
Other Equity Adjustments
0.03
+3300.00%
-0.00
+94.12%
-0.02
-88.89%
-0.01
Total Equity Gross Minority Interest
4.73
-46.99%
8.92
+167.11%
3.34
+67.05%
2.00
Total Capitalization
4.73
-46.99%
8.92
+167.11%
3.34
+67.05%
2.00
Working Capital
2.16
-67.99%
6.76
+130.38%
2.93
+79.06%
1.64
Invested Capital
5.15
-42.28%
8.92
+167.11%
3.34
+67.05%
2.00
Total Debt
1.08
+0.93%
1.07
+326.29%
0.25
+156.12%
0.10
Capital Lease Obligations
0.66
-38.32%
1.07
+326.29%
0.25
+156.12%
0.10
Net Tangible Assets
4.64
-47.50%
8.85
+169.97%
3.28
+69.27%
1.94
Tangible Book Value
4.64
-47.50%
8.85
+169.97%
3.28
+69.27%
1.94
Duefrom Related Parties Current
0.06
+138.46%
0.03
-77.39%
0.12
+1.77%
0.11
Dueto Related Parties Current
0.95
+10466.67%
0.01
+50.00%
0.01
0.00
Interest Payable
0.01
0.00
Investments In Other Ventures Under Equity Method
0.37
0.00
Investmentsin Associatesat Cost
0.00
-100.00%
0.25
0.00
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow
-1.06
+81.15%
-5.61
-1165.69%
-0.44
+92.28%
-5.74
Cash Flow From Continuing Operating Activities
-1.06
+81.15%
-5.61
-1165.69%
-0.44
+92.28%
-5.74
Net Income From Continuing Operations
-8.54
-87.40%
-4.56
-437.73%
1.35
+237.79%
-0.98
Depreciation Amortization Depletion
0.10
+230.00%
0.03
+66.67%
0.02
-5.26%
0.02
Depreciation
0.08
+252.17%
0.02
+27.78%
0.02
-5.26%
0.02
Amortization Cash Flow
0.02
+157.14%
0.01
0.00
0.00
Depreciation And Amortization
0.10
+230.00%
0.03
+66.67%
0.02
-5.26%
0.02
Amortization Of Intangibles
0.02
+157.14%
0.01
0.00
0.00
Other Non Cash Items
0.26
+1115.38%
-0.03
-115.48%
0.17
-1.75%
0.17
Stock Based Compensation
3.31
-13.07%
3.81
0.00
0.00
Provisionand Write Offof Assets
-0.50
-158.78%
0.85
+4644.44%
0.02
-81.82%
0.10
Operating Gains Losses
0.15
+5033.33%
0.00
Gain Loss On Sale Of PPE
0.00
Change In Working Capital
4.15
+172.60%
-5.72
-213.02%
-1.83
+63.79%
-5.05
Change In Receivables
3.43
+243.76%
-2.39
-107.66%
-1.15
-507.94%
-0.19
Changes In Account Receivables
2.77
+235.92%
-2.04
-94.10%
-1.05
-1229.11%
-0.08
Change In Prepaid Assets
0.60
+128.33%
-2.12
-1621.95%
-0.12
-141.18%
-0.05
Change In Payables And Accrued Expense
0.15
+113.32%
-1.11
-30.40%
-0.85
+81.63%
-4.64
Change In Accrued Expense
0.29
+323.19%
0.07
-22.47%
0.09
+67.92%
0.05
Change In Payable
-0.14
+87.80%
-1.18
-25.40%
-0.94
+79.94%
-4.69
Change In Account Payable
-0.09
+92.79%
-1.24
-31.24%
-0.94
+79.94%
-4.69
Change In Other Working Capital
-0.12
-200.00%
0.12
Change In Other Current Liabilities
-0.02
-284.62%
0.01
-92.61%
0.18
+202.92%
-0.17
Investing Cash Flow
0.29
+120.86%
-1.38
-711.56%
0.23
+97.37%
0.11
Cash Flow From Continuing Investing Activities
0.29
+120.86%
-1.38
-711.56%
0.23
+97.37%
0.11
Net PPE Purchase And Sale
-0.09
+37.59%
-0.14
-1662.50%
-0.01
+52.94%
-0.02
Purchase Of PPE
-0.09
+37.59%
-0.14
-1662.50%
-0.01
+52.94%
-0.02
Capital Expenditure
-0.12
+28.57%
-0.16
-1912.50%
-0.01
+52.94%
-0.02
Net Investment Purchase And Sale
-0.66
0.00
0.00
Purchase Of Investment
-0.66
0.00
0.00
Net Business Purchase And Sale
0.05
+119.46%
-0.26
0.00
0.00
Purchase Of Business
0.00
+100.00%
-0.26
0.00
0.00
Gain Loss On Sale Of Business
0.10
0.00
0.00
Net Intangibles Purchase And Sale
-0.03
-35.00%
-0.02
0.00
0.00
Purchase Of Intangibles
-0.03
-35.00%
-0.02
0.00
0.00
Net Other Investing Changes
1.01
+205.43%
-0.96
-511.16%
0.23
+77.86%
0.13
Financing Cash Flow
2.38
-64.64%
6.72
+2070.67%
-0.34
-123.36%
1.46
Cash Flow From Continuing Financing Activities
2.38
-64.64%
6.72
+2070.67%
-0.34
-123.36%
1.46
Net Issuance Payments Of Debt
0.42
0.00
0.00
Issuance Of Debt
0.42
0.00
0.00
Long Term Debt Issuance
0.42
0.00
0.00
Net Long Term Debt Issuance
0.42
0.00
0.00
Net Common Stock Issuance
1.00
-85.85%
7.07
0.00
-100.00%
1.52
Net Other Financing Charges
0.96
+377.10%
-0.34
-1.17%
-0.34
-468.33%
-0.06
Changes In Cash
1.61
+710.65%
-0.26
+52.95%
-0.56
+86.58%
-4.16
Beginning Cash Position
7.25
-3.50%
7.51
-6.92%
8.07
-34.03%
12.24
End Cash Position
8.86
+22.15%
7.25
-3.50%
7.51
-6.92%
8.07
Free Cash Flow
-1.17
+79.68%
-5.77
-1178.94%
-0.45
+92.16%
-5.75
Interest Paid Supplemental Data
0.00
0.00
-100.00%
0.23
Income Tax Paid Supplemental Data
0.07
-26.73%
0.10
0.00
0.00
Change In Income Tax Payable
-0.06
-200.00%
0.06
0.00
0.00
Change In Tax Payable
-0.06
-200.00%
0.06
0.00
0.00
Common Stock Issuance
1.00
-85.85%
7.07
0.00
-100.00%
1.52
Earnings Losses From Equity Investments
0.05
+1700.00%
0.00
0.00
0.00
Issuance Of Capital Stock
1.00
-85.85%
7.07
0.00
-100.00%
1.52
Sale Of Business
0.05
0.00
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

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