Profitable Fintech trading below liquidation value

Potential 262% gain

Many young listed technology companies continue to incur losses so it is rare to see this fintech company is actually profitable.

Typically, technology companies have a relatively light asset base and tend to trade at a multiple of their book value. However, this fintech company is currently trading below its liquidation value, a surprising find again.

The low stock price can be attributed to the company's exposure to China's regulatory environment and the broader trend of investors avoiding Chinese stocks. Therefore, the stock is trading at a discounted price for reasons that are understandable, rather than due to any inherent weakness in the company itself.