Hi Sun Technology Swings to 2025 Loss Despite Stronger Balance Sheet

Hi Sun Technology (China) Limited ( (HK:0818) ) just unveiled an update.

Hi Sun Technology (China) Limited reported a 9% decline in revenue to HK$2.12 billion for 2025, with gross profit down 10% and segmental EBITDA falling 22%, reflecting pressure on its core payment and technology operations. The group swung to an operating loss of HK$249.6 million before disposals and posted a net loss of HK$146.0 million, compared with a profit a year earlier, mainly due to significant share-based payment expenses at subsidiaries, lower gains on disposals, and fair value losses.

Despite the earnings setback, adjusted net profit, which strips out impairments, fair value movements, disposals and share-based payments, came in at HK$193.1 million, down 17% year on year, suggesting underlying profitability remains but is weakening. The company’s balance sheet strengthened, with total assets up 22% to HK$14.43 billion and total equity up 4%, boosting net assets per share to HK$2.886 and providing some comfort to stakeholders regarding capital strength amid deteriorating headline results.

The most recent analyst rating on (HK:0818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hi Sun Technology (China) Limited stock, see the HK:0818 Stock Forecast page.

More about Hi Sun Technology (China) Limited

Hi Sun Technology (China) Limited, incorporated in Bermuda and listed in Hong Kong, operates in the technology and financial services infrastructure sector. The group provides payment-related and electronic transaction solutions, positioning itself as a fintech and payment technology provider serving mainland China and broader regional markets.

Average Trading Volume: 1,399,719

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.21B

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