Walnut Capital Swings to Heavy 2025 Loss on Cryptocurrency Impairments

Walnut Capital Limited ( (HK:0905) ) has shared an update.

Walnut Capital Limited reported revenue of HK$1.99 million for 2025, up from HK$0.54 million a year earlier, but its results were heavily affected by losses and impairments related to financial assets and cryptocurrencies. The group swung to a substantial net loss attributable to shareholders of HK$172.1 million, compared with a small profit of HK$0.4 million in 2024, reflecting sizeable impairment charges on cryptocurrencies and a net loss from fair value changes and disposals that sharply reversed prior-year gains.

Although the company booked a modest revaluation gain on certain cryptocurrencies, this was far outweighed by a HK$142.9 million impairment loss on digital assets, leading to a basic and diluted loss per share of 16.4 Hong Kong cents versus earnings of 0.04 cents previously. The figures underscore the heightened volatility and risk in Walnut Capital’s cryptocurrency and financial asset exposures, with the 2025 performance likely to prompt closer scrutiny from investors and other stakeholders regarding the group’s asset allocation, risk management, and future earnings stability.

The most recent analyst rating on (HK:0905) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Walnut Capital Limited stock, see the HK:0905 Stock Forecast page.

More about Walnut Capital Limited

Walnut Capital Limited, incorporated in the Cayman Islands and continued in Bermuda with limited liability, is listed on the Hong Kong Stock Exchange under stock code 905. The group generates revenue and investment income, including from financial assets and cryptocurrencies, and incurs administrative and finance costs typical of an investment-focused holding company.

Average Trading Volume: 1,009,711

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.12B

For detailed information about 0905 stock, go to TipRanks’ Stock Analysis page.