Cornerstone Financial Holdings Limited

Cornerstone Financial Holdings Limited

HHKEX:8112
0.09
HKD
+0.00
(-3.41%)
-0.25EPS
57.35MMarket Cap
Cornerstone Financial Holdings Limited
HKEX:8112
(Hong Kong Exchange)

Recent

price

0.09

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
14.55
15.74
12.06
16.24
17.15
23.61
9.15
4.23
1.73
1.54
0.86
0.97
0.32
0.25
0.24
0.21
0.25
Revenue per Share
3.52
0.53
-6.08
0.9
-2.92
-5.92
-2.21
-2.4
-1.81
-0.3
-0.97
-0.27
-0.18
-0.21
-0.09
-0.08
-0.24
Basic EPS, GAAP
-0.42
-1.27
-1.62
-0.35
-1.87
-7.82
-2.44
-8.06
-0.76
-0.16
0.59
0.48
-0.15
-0.1
-0.17
0.03
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
9.83
21.1
15.71
16.6
13.52
18.95
16.28
5.99
4.09
3.79
2.82
2.56
0.79
0.58
0.49
0.41
0.47
Book Value per Share
9.4
20.35
14.92
16.16
13.08
18.73
4.92
4.22
4.05
3.75
2.77
2.51
0.78
0.58
0.49
0.41
0.47
Tangible Book Value per Share
3
4
4
4
4
3
9
22
60
60
60
58
175
229
229
229
229
Basic Weighted Avg Shares
49
60
54
72
76
72
81
93
103
92
51
56
56
58
54
48
57
Sales/Revenue/Turnover
24.3
4.31
-51.54
6.28
-17.21
-19.49
-21.28
-28.25
-37.32
-20.79
-47.85
-24.51
-44.51
-73.06
-73.58
-69.42
-75.1
Operating Margin (%)
2
3
4
4
4
6
6
6
5
15
20
11
10
9
8
11
- -
Depreciation Expense
12
2
-27
4
-13
-18
-19
-53
-108
-18
-58
-16
-32
-49
-21
-19
-55
Net Income, GAAP
- -
15.92
- -
2.42
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
24.2
3.39
-50.41
5.56
-17.04
-25.09
-24.13
-56.75
-104.75
-19.67
-113.95
-27.69
-57.56
-83.92
-38.79
-38.8
-96.28
Profit Margin (%)
37
82
59
59
42
-30
77
294
245
219
177
165
180
141
125
112
118
Working Capital
- -
1
- -
- -
- -
- -
- -
- -
- -
22
25
19
15
2
- -
1
1
LT Debt
44
94
70
74
60
129
240
418
260
244
185
171
200
150
128
113
125
Total Equity
- -
3.14
- -
5.98
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
3.13
- -
5.58
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
2.96
-33.04
5.59
-19.41
-22.9
-12.88
-18.8
-35.94
-7.71
-29.49
-9.71
-19.13
-30.83
-17.03
-18.12
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
ST Debt
- -
13
10
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
230
229
229
Market Capitalization
73
86
57

Working Capital

HKD

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
Total Current Assets
- -
197
169
Cash, Cash Equivalents & STI
- -
99
80
Accounts Receivable, Net
- -
21
17
Inventories
- -
- -
- -
Total Current Liabilities
- -
56
50
Payables & Accruals
- -
- -
- -
ST Debt
- -
13
10
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.03%
-8.44%
-12.09%
Free Cash Flow
-19.16%
-55.61%
-117.22%
Net Income, GAAP
43.72%
3.36%
-10.89%
Sales/Revenue/Turnover
-2.2%
-0.87%
-10.91%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
14
- -
54
2025
12
- -
48
2026
8
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
-0.04
- -
-0.09
2025
-0.11
- -
-0.08
2026
-0.02
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Cornerstone Financial Holdings Limited (8112.HK) is an investment holding company principally engaged in financial services and advertising and media businesses in Hong Kong and Singapore. The company operates through two main segments: financial services, which include Type 1 (dealing in securities), Type 4 (advising on securities), and Type 9 (asset management) regulated activities under the Securities and Futures Ordinance via its 91.19%-owned subsidiary Cornerstone Securities Limited; and advertising and media, encompassing a digital out-of-home network of 1,639 flat-panel displays in elevator lobbies of 1,109 office, commercial, and residential venues in Hong Kong plus 530 in Singapore, six large LED panels in each market, film development, production and distribution, information technology and cyber security consultancy, and retail of skin care products, with margin financing forming the core revenue driver at approximately 97% of financial services income through secured loans to 11 clients totaling HK$89 million as of December 31, 2024. Founded in April 2004 and listed on the GEM board of the Hong Kong Stock Exchange since July 2011, it is headquartered at Room 802, 8th Floor, Lee Garden Five, 18 Hysan Avenue, Causeway Bay, Hong Kong, and serves institutional and retail investors alongside advertisers targeting high-traffic locations. Formerly known as Focus Media Network Limited, it changed its name to Cornerstone Financial Holdings Limited in January 2018 following the 2016 acquisition of Glory Creator Limited and Cornerstone Securities Limited to enter securities brokerage; recent developments include a partnership with Hivestack to enhance programmatic digital out-of-home advertising in Singapore, board appointments such as An Xishuai on November 28, 2024, Sun Lihua on May 14, 2024 (resigned March 25, 2025), and Fan Yandi as Chairlady on March 25, 2025 amid exploration of AI technology opportunities, alongside sponsorships for events like Singapore National Day Parade 2024 and Hong Chi Climbathon 2024 while recording HK$54 million revenue and HK$21.9 million net loss for 2024.