Deep Value: cash covers more than 100% of the stock price

This company holds roughly $46M in cash and investments — more than its entire stock-market value, based on its latest quarterly filing. You're paying very little for the actual business. Sometimes that's a genuine bargain or a takeover target, sometimes it's cheap for a reason. Not a buy signal on its own — always ask why it's this cheap.

Neway Group Holdings Limited

0055.HK

Specialty Business Services · Industrials

Price

HK$0.14

+0.00 (+0.73%)

Market Cap

HK$35.0M

Exchange

Hong Kong Stock Exchange

Winston Score

Winston is worried

Weak fundamentals across most pillars.

Data as of Aug 9, 2026 · filings through Dec 31, 2025

Neway Group Holdings Ltd is a Hong Kong-listed company that provides human resources and staffing services, primarily in mainland China. Its core business involves helping companies find and hire workers, manage payroll, and handle other employment-related tasks. It mainly serves businesses across industries like manufacturing, retail, and services that need flexible or outsourced workforce solutions.

The company earns money by charging fees for placing workers and managing HR functions on behalf of client companies. It operates mainly in China, with a focus on the Pearl River Delta region, which is one of the country's largest manufacturing and business hubs. Its competitive position depends on its network of clients and local regulatory knowledge, since navigating China's labor laws is complex. The key risk the company faces is that economic slowdowns in China can quickly reduce demand for staffing services, as businesses cut hiring or bring HR functions back in-house to save costs.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-15.6% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+33.3% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Research and development spending

Cash Runway

5+ years

Quarterly Free Cash Flow

↑ Burn rate improving

$362M cash & investments at current burn rate

Revenue declining

Neway Group Holdings Limited's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

−0.1% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 253.6M (2021) → 253.4M (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

14.7%

Thin — 14.7% gross margin

Operating Margin

-11.7%

Losing money on operations — -11.7%

ROCE

-3.8%

Weak — -3.8% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

-14.3%

Shrinking sales (-14.3% YoY)

EPS YoY

N/A

Data not available

EPS Consistency

5/8 quarters

Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

N/A

Data not available

FCF Margin

4.2%

Thin free cash flow (4.2%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.21

Conservative — low debt load (0.21)

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

N/M

Negative earnings — P/E not meaningful

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial