Cornerstone Financial Holdings Limited logo

Cornerstone Financial Holdings Limited

8112.HK

HKSECommunication ServicesAdvertising Agencies

Latest quote

HK$0.12

+HK$0.009 · +8.11%

Aug 21, 3:13 PM HKT

8112.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Cornerstone Financial Holdings Limited, an investment holding company headquartered in Causeway Bay, Hong Kong, was founded in 2004 and manages a diverse business portfolio. A key segment of its operations is digital out-of-home (DOOH) media, with a presence in both Hong Kong and Singapore. This involves the design and installation of flat-panel displays strategically positioned within the elevator lobbies of various office, commercial, and residential properties. By December 31, 2021, its DOOH network had expanded to encompass 1,573 buildings. Beyond its media ventures, the company provides a range of financial services, including securities dealings, brokerage, and margin financing, and also offers advertising and broader media services. Furthermore, Cornerstone Financial Holdings is involved in film development, production, and distribution, as well as the retail of skincare products. The company officially adopted its current name in January 2018, having previously been known as Focus Media Network Limited.

Industry
Advertising Agencies
Sector
Communication Services
Headquarters
HK
CEO
Hong Gay Wong
Listed since
Jul 28, 2011
Employees
39

Market position

52-week range

Current HK$0.12

Open
HK$0.12
Previous close
HK$0.111
Volume
120K
5.67× average
Average volume
21.17K
Average daily volume
Market cap
27.53M HKD
Beta
-0.3
Market reference 1
50-day average
HK$0.1128
+6.42% above average
200-day average
HK$0.114
+5.30% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-19.14M HKD
P/E (TTM)
-0.86×
P/B (TTM)
0.29×
P/S (TTM)
0.48×
EV / EBITDA
0.92×
Earnings yield
-74.62%
Free cash flow yield
27.64%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
42.54%
Operating margin
-77.88%
Net margin
-55.08%
Return on equity
-19.95%
Return on assets
-10.72%
Return on invested capital
-26.13%

Financial health

Debt / equity
0.09×
Current ratio
2.87×
Altman Z-score
-2.55
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends81%21%-40%-100%Gross margin, FY2021: 65.99%Gross margin, FY2022: 64.57%Gross margin, FY2023: 62.57%Gross margin, FY2024: 63.75%Gross margin, FY2025: 40.69%Operating margin, FY2021: -26.67%Operating margin, FY2022: -71.30%Operating margin, FY2023: -85.30%Operating margin, FY2024: -73.58%Operating margin, FY2025: -66.04%Net margin, FY2021: -27.69%Net margin, FY2022: -57.56%Net margin, FY2023: -83.92%Net margin, FY2024: -38.79%Net margin, FY2025: -38.80%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 65.99%. Gross margin FY2022 64.57%. Gross margin FY2023 62.57%. Gross margin FY2024 63.75%. Gross margin FY2025 40.69%. Operating margin FY2021 -26.67%. Operating margin FY2022 -71.30%. Operating margin FY2023 -85.30%. Operating margin FY2024 -73.58%. Operating margin FY2025 -66.04%. Net margin FY2021 -27.69%. Net margin FY2022 -57.56%. Net margin FY2023 -83.92%. Net margin FY2024 -38.79%. Net margin FY2025 -38.80%.

Income trends

Revenue

48.09M HKD-10.91%

Operating income

−31.76M HKD+20.05%

Net income

−18.66M HKD+10.89%
Income trends across reported periods68.7M HKD25.74M HKD−17.22M HKD−60.18M HKDRevenue, FY2021: 56.13M HKDRevenue, FY2022: 55.57M HKDRevenue, FY2023: 57.96M HKDRevenue, FY2024: 53.98M HKDRevenue, FY2025: 48.09M HKDOperating income, FY2021: −14.97M HKDOperating income, FY2022: −39.62M HKDOperating income, FY2023: −49.44M HKDOperating income, FY2024: −39.72M HKDOperating income, FY2025: −31.76M HKDNet income, FY2021: −15.54M HKDNet income, FY2022: −31.99M HKDNet income, FY2023: −48.64M HKDNet income, FY2024: −20.94M HKDNet income, FY2025: −18.66M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 56.13M HKD. Revenue FY2022 55.57M HKD. Revenue FY2023 57.96M HKD. Revenue FY2024 53.98M HKD. Revenue FY2025 48.09M HKD. Operating income FY2021 −14.97M HKD. Operating income FY2022 −39.62M HKD. Operating income FY2023 −49.44M HKD. Operating income FY2024 −39.72M HKD. Operating income FY2025 −31.76M HKD. Net income FY2021 −15.54M HKD. Net income FY2022 −31.99M HKD. Net income FY2023 −48.64M HKD. Net income FY2024 −20.94M HKD. Net income FY2025 −18.66M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue48.09M HKD53.98M HKD57.96M HKD55.57M HKD56.13M HKD
Cost of goods sold28.53M HKD19.57M HKD21.69M HKD19.69M HKD19.09M HKD
Gross profit19.57M HKD34.42M HKD36.27M HKD35.88M HKD37.04M HKD
Selling, general, and administrative55.97M HKD74.23M HKD78.67M HKD61.59M HKD52.33M HKD
Operating expenses51.33M HKD74.14M HKD85.71M HKD60.62M HKD50.8M HKD
Interest income374.35K HKD710.7K HKD332.06K HKD18.38K HKD933 HKD
Interest expense1.53M HKD984.66K HKD1.92M HKD1.54M HKD1.26M HKD
Depreciation and amortization10.88M HKD7.91M HKD9.37M HKD10.15M HKD10.54M HKD
Operating income−31.76M HKD−39.72M HKD−49.44M HKD−39.62M HKD−14.97M HKD
Net income−18.66M HKD−20.94M HKD−48.64M HKD−31.99M HKD−15.54M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.01-0.08-0.14-0.2Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25
Q1 2023, reported Mar 30, 2023: actual -0.072, estimate —, surprise —, Comparison unavailable. Q2 2023, reported May 16, 2023: actual -0.016, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 15, 2023: actual -0.035, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 15, 2023: actual -0.039, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual -0.161, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 10, 2024: actual -0.055, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 10, 2024: actual -0.045, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 30, 2025: actual -0.047, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates31.03M24.57M18.11M11.65MQ1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25
Q1 2023, reported Mar 30, 2023: actual 16M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported May 16, 2023: actual 14.05M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 15, 2023: actual 14.22M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 15, 2023: actual 14.84M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual 29.69M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 10, 2024: actual 12.98M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 10, 2024: actual 13.57M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 30, 2025: actual 13.4M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Mar 24, 2022

519:500

Stock split

Effective Jun 5, 2020

1:20

Stock split

Effective Aug 25, 2017

1,051:1,000

Stock split

Effective Nov 2, 2016

1:10

Stock split

Effective Apr 26, 2016

1,241:500

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