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Deep Source Holdings Limited (0990.HK)

HKD0.54 -0.01 (-1.82%)
HK HKSE Basic Materials Steel
Address Unit 3401-03, China Merchants Tower
Sheung Wan, HK
CEO Jiang Jiang
Website 990.com.hk
IPO 1994-01-25
ISIN BMG8800F1876

Explore sections of this company profile

Description

Deep Source Holdings Limited, an investment holding company that will officially adopt its new name from Theme International Holdings Limited in July 2025, maintains a diverse portfolio of operations. The company's core business involves the processing, distribution, and trading of bulk commodities and associated products throughout the People's Republic of China, Hong Kong, and Singapore. Furthermore, Deep Source provides a comprehensive array of financial services, including offerings in securities and derivatives, margin financing, and fund management. Its capabilities also extend to futures contract brokerage, clearing services, financial derivatives consulting, commodity trading, inter-dealer broking in over-the-counter (OTC) markets, derivative trading, and structured trade finance solutions. Beyond this, the firm engages in money lending, brokerage for physical commodities, trade facilitation for physical gold and silver, the distribution and trading of petrochemical products, loan financing, and acting as a freight services agency. Established in 1993 and headquartered in Sheung Wan, Hong Kong, Deep Source Holdings Limited operates as a subsidiary of Wide Bridge Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD0.54 -0.01 (-1.82%)
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Volume Profile
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Liquidity & share structure
Average Volume
37M
Beta
0.91
Float Shares
5.88B
Free Float %
39.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.75% +6.94% -3.75% -11.49% +4.05% +10.00% +58.76% -15.38% -11.49% +308.53% +220.83%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.54
DCF (Unlevered) 0.87 +60.5%
DCF (Levered) 2.68 +397.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.71
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Steel: +1.2%
    -47.8% Q4'25: -64.9% (vs Q4'23)
  • EPS growth Steel: +17.4%
    +135.5% Q4'25: +1.1% (vs Q4'23)
  • FCF margin FCF growth · Steel: +44.2%
    +13.9% Q4'25: +5.0% (vs Q4'23)
  • EBIT margin Steel: +5.8%
    +3.3% Q4'25: +4.1% (vs Q4'23)
  • ROIC Steel: +4.3%
    +72.4% Q4'25: +185.2% (vs Q4'23)
  • Share dilution Steel: +0.0%
    +3.1% Q4'25: +6.1% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Steel: 0.57×
    0.80× Q4'25: 0.31× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.96) × ERP
WACC = 95% × Ke + 5% × Kd (4.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 0.87 Current price: 0.54
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-28 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-27 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-26 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-22 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-21 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-20 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-19 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-18 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-15 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5
2026-05-14 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5
2026-05-13 A 4/5 5/5 4/5 4/5 2/5 3/5 4/5
2026-05-12 A 4/5 5/5 4/5 4/5 2/5 3/5 4/5
2026-05-11 A 4/5 5/5 4/5 4/5 2/5 3/5 4/5
2026-05-08 A 4/5 5/5 4/5 5/5 2/5 3/5 4/5
2026-05-07 A 4/5 5/5 4/5 5/5 2/5 3/5 4/5
2026-05-06 A 4/5 5/5 4/5 5/5 2/5 3/5 4/5
2026-05-05 A 4/5 5/5 4/5 5/5 2/5 3/5 4/5
2026-05-04 A 4/5 5/5 4/5 5/5 2/5 3/5 4/5
2026-04-30 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-29 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-28 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-27 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-24 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-23 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-22 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-21 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-20 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-17 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-16 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
8.53B
OE per share TTM
0.63
Owner's Yield
73.62%
Maintenance CapEx ratio
24.73%
Maint CapEx / Avg PPE
0.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 49 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L 0.04% 27.4K 0.74%
2 State Street SPDR S&P International Small Cap ETF GWX 0.02% 153.4K 0.40%
3 Schwab International Small-Cap Equity ETF SCHC 0.02% 916.2K 0.06%
4 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 1.97M 0.06%
5 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ 0.01% 26.4K 0.83%
6 iShares MSCI EAFE Small-Cap ETF SCZ 0.01% 1.59M 0.40%
7 Dimensional - International Small Cap ETF DFIS 0.01% 629.0K 0.39%
8 Schwab Fundamental International Small Company Index ETF FNDC 0.01% 295.2K 0.39%
9 Avantis International Small Cap Equity ETF AVDS 0.01% 30.3K 0.30%
10 Vanguard MSCI International Small Cos Index ETF VISM.AX 0.01% 38.6K 0.32%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.79M
Shares Outstanding
14.80B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Lei Wu Acting Chairman & Chief Financial Officer 4M male
Jiang Jiang Chief Executive Officer & Executive Director 4M male
Hang Xu Executive Director 2M male
Weibing Qiao Chief Investment Officer male
Yui Pang FCPA Company Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits