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← CockpitCompetitor Analysis › 8239.HK Capital Finance Holdings LimitedOpen in the cockpit ↗

Capital Finance Holdings Limited8239.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Financials›Finance/Rental/Leasing
Momentum leader 98
Mkt cap
$380M
US dollars, full cap
Free float
68%
of shares outstanding
$/day
$414,007
20-day average traded
P/B
133.31×
price to book
ROE
-75.7%
delivered
Implied ROE
990.3%
what the price asks
Next earnings
138 days
24 Mar 2027
Close · HKDHK$27.00
1Dn/a
1W+1.1%
1M+28.8%
3M+49.6%
6M+110.6%
YTD+162.1%
1Y+720.7%
ATR %6.0%
52w lowhigh6.9% off high

What Capital Finance does

Employees: 49

Capital Finance at a glance

Size Capital Finance (8239.HK) is a Hong Kong Financials company (Finance/Rental/Leasing) with a market value of $380M, the 829th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$27.00 on 6 Nov 2026.

Performance Over six months the shares gained 110.6%, against +2.6% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — highest of 19 in its peer set.

Growth Revenue grew 31.1% over the last twelve months (peer median +7.8%); the operating margin is -45.0% (peer median 24.4%).

Valuation It trades at 133.31× book value against a peer median of 1.28× (most expensive of 20).

Price implies The share price implies a return on equity of about 990.3%; Capital Finance delivers -75.7%, so the price asks more than the business earns today.

Next results Next results expected around 24 Mar 2027 (exchange calendar; dates can move).

Relative performance

10015020011 May 202611 Aug 20266 Nov 20268239.HK 211Peer median 100
Six months, rebased to 100: Capital Finance against the median of its 20 peers (local-currency closes).

Capital Finance financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$36.9MHK$41.8MHK$19.8MHK$37.2MHK$38.8M
Revenue growth—+111%-47%-4%—
Gross profitHK$15.9MHK$24.0MHK$18.5MHK$35.5MHK$36.8M
EBITDA-HK$19.2M-HK$9.03MHK$1.15MHK$9.36M-HK$1.51M
Net income-HK$20.6M-HK$31.9M-HK$16.9M-HK$8.82M-HK$7.63M
Free cash flown/aHK$27.3MHK$22.4MHK$52.7MHK$88.6M
Capital expenditureHK$0HK$26,000HK$274,000HK$152,000HK$88,000
Total debtn/aHK$74.1MHK$76.3MHK$117MHK$180M

Quarterly statements and history in the cockpit →

Capital Finance competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%0%+20%DOV961999912393AYEAIZDCBETRENITYWSBFCCAPSANGHVIMOV0412ASAI8239.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Capital Finance is the large dot.

Fundamentals: return on equity against price-to-book

-200%-100%0%00×500×1000×DOV96199991BETRASAI8239.HKReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Capital Finance is the large dot.

Capital: ROE delivered against the ROE the price implies

0%500%1,000%0%500%1,000%DOV9619BETR8239.HKROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Capital Finance is the large dot.

Capital Finance competitors and peer comparison

How Capital Finance compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Capital Finance against its 20 peers (data as of 6 Nov 2026)
Measure8239.HKPeer medianRank in peer set
1-month return+28.8%+0.1%highest of 21
6-month return+110.6%+2.6%highest of 19
Return on equity-75.7%8.9%2nd lowest of 17
Price / book133.31×1.28×most expensive of 20
ROE the price implies990.3%8.0%most demanding of 20
ROE delivered-75.7%8.8%2nd lowest of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Capital Finance 8239.HKHong Kong$380M+111%+31%-76%133.31×990.3%-75.7%
doValue DOV.MIItaly$381M-16%+9%-15%2.23×27.8%-14.8%
Ichinen 9619.TJapan$381M+19%+6%18%0.77×4.8%17.6%
GECOSS 9991.TJapan$376M+9%+5%9%0.83×6.1%8.8%
Nippon Care Supply 2393.TJapan$385M+76%+10%14%3.28×9.9%13.5%
Aye Finance AYE.NSIndia$385M+4%+22%13%1.33×30.9%13.1%
Atrium Mortgage Investment AI.TOCanada$390M-7%-11%9%1.03×8.0%9.1%
Zedcor ZDC.VCanada$390M-19%+71%-1%5.69×27.7%-1.2%
Better Home & Finance BETRUnited States$366M-34%+41%-224%6.31×68.0%-224.0%
Enity ENITY.STSweden$401M+13%n/a9%0.67×3.8%9.2%
Waterstone Financial WSBFUnited States$357M+6%+5%9%1.02×8.8%8.7%
BFF Bank BFF.MIItaly$417M-21%-18%2%0.47×8.2%2.3%
Crescent Capital BDC CCAPUnited States$346M-31%-29%0%0.53×5.6%-0.5%
Sanghvi Movers SANGHVIMOV.NSIndia$343M+11%+30%15%2.47×34.6%n/a
Inflection Point Acquisition Corp. VI IPFXUnited States$343Mn/an/an/a1.41×7.7%n/a
China Aircraft Leasing 1848.HKHong Kong$340M-11%+19%8%0.57×6.3%8.4%
KRAKacquisition KRAQUnited States$432M+1%n/an/a1.31×7.4%n/a
Shandong Hi-Speed 0412.HKHong Kong$334M-65%-15%n/an/an/an/a
ASA International ASAI.LUnited Kingdom$332M+28%+25%45%1.69×30.5%44.9%
Sankyo Frontier 9639.TJapan$331M+6%+4%11%0.97×5.8%11.5%
Idea Acquisition IACOUnited States$438Mn/an/an/a1.28×7.3%n/a

Questions

Which companies are Capital Finance's closest peers?
The cockpit's peer set: doValue (DOV.MI), Ichinen (9619.T), GECOSS (9991.T), Nippon Care Supply (2393.T), Aye Finance (AYE.NS), Atrium Mortgage Investment (AI.TO), Zedcor (ZDC.V), Better Home & Finance (BETR).
Is Capital Finance expensive compared with its peers?
On price / book it trades at 133.31× against a peer median of 1.28×, most expensive of 20 in its peer set. The share price implies a return on equity of about 990.3%; Capital Finance delivers -75.7%, so the price asks more than the business earns today.
How has Capital Finance stock performed?
Over six months to 6 Nov 2026 the shares returned +110.6% against +2.6% for the median peer; over one year +720.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.