New Focus Auto Tech Holdings (0360) AI Stock Analysis

• Market Cap: HK$774.76M
• Dividend Yield: N/A
• Average Volume (3M): 7.30M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.11
• Revenue Growth: 2.44%
• EPS Growth: -6.45%
• Country: HK
• Employees: 714
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): >-0.01
• Shares Outstanding: 17,216,950,000
• 10 Day Avg. Volume: 12,801,630
• 30 Day Avg. Volume: 7,302,143
• PEG Ratio: 0.50
• Price to Book (P/B): 1.58
• Price to Sales (P/S): 1.53
• P/FCF Ratio: 70.82
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: HK$0.05 ▲(15.00% Upside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues and negative cash flows. Technical analysis provides some short-term positive signals, but the negative MACD suggests caution. Valuation is poor due to a negative P/E ratio and lack of dividends, further weighing down the score.

Positive Factors

Market Position

New Focus Auto Tech Holdings' involvement in EV technology and smart systems positions it well in a growing market, supporting long-term growth.

Revenue Diversification

Diversified revenue sources from multiple automotive components reduce dependency on a single product line, enhancing business resilience.

Leverage Management

Improved leverage management suggests better financial discipline, potentially leading to enhanced financial stability and reduced risk.

Negative Factors

Declining Revenues

Consistent revenue decline indicates challenges in maintaining market share and competitiveness, impacting long-term growth prospects.

Negative Cash Flow

Negative cash flow raises concerns about the company's ability to sustain operations and invest in growth without external financing.

Low Profitability

Persistent low profitability and negative earnings suggest operational inefficiencies, limiting reinvestment capacity and shareholder returns.

New Focus Auto Tech Holdings Business Overview & Revenue Model

Company Description

New Focus Auto Tech Holdings Limited, an investment holding company, engages in the manufacture and sale of electronic and power-related automotive parts and accessories. The company operates in two segments, Manufacturing Business; and Automobile Dealership and Service Business. It offers automotive lighting and automotive electronic power products, including the automotive converter boxes, multi-function power supplies, cooler and warmer boxes, chargers, automotive lighting products high intensity discharge lamps, automotive auxiliary lights, work lights, etc. The company is also involved in the provision of after-sales services, including maintenance and repair, automobile customization and furnishing, and automobile recall and consultancy services; distribution of automobile insurance and financial products; and sale of automobile accessories. It has operations in the People's Republic of China, the Americas, Europe, and the Asia Pacific. New Focus Auto Tech Holdings Limited was incorporated in 2002 and is headquartered in Shanghai, the People's Republic of China.

How the Company Makes Money

New Focus Auto Tech Holdings generates revenue through multiple channels, primarily by selling automotive components and systems to manufacturers in the automotive industry. Their key revenue streams include the sale of electric vehicle batteries, advanced driver-assistance systems (ADAS), and vehicle infotainment systems. The company also benefits from long-term partnerships and contracts with major automotive manufacturers, securing a steady flow of orders and revenue. Additionally, New Focus Auto Tech Holdings may engage in research and development (R&D) services, providing customized solutions to clients, thus further diversifying its income sources. Factors contributing to earnings include the growing demand for electric vehicles, advancements in automotive technology, and the company's strategic investments in innovation and sustainability initiatives.

New Focus Auto Tech Holdings Financial Statement Overview

Summary

New Focus Auto Tech Holdings is facing financial challenges with declining revenues, persistent losses, and negative cash flows. While there has been some improvement in leverage, the overall financial health remains weak, posing risks for future growth and stability.

Income Statement

The company has experienced declining total revenue over the years, with a significant drop from 2019 to 2024. Gross profit margins have been consistently low, and the company has reported negative EBIT and net income in each year, indicating ongoing operational challenges and lack of profitability.

Balance Sheet

The company's debt-to-equity ratio has improved over time, indicating better leverage management. However, the stockholders' equity has decreased, reflecting potential financial strain. The equity ratio is moderate, suggesting a balanced asset structure but with potential risks due to declining equity.

Cash Flow

Free cash flow has been negative in recent years, with significant volatility in operating and capital expenditures. The absence of consistent positive operating cash flow raises concerns about the company's ability to generate cash from its operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	551.07M	518.52M	555.38M	591.67M	728.14M	890.91M
Gross Profit	84.08M	85.25M	90.97M	91.02M	102.19M	100.44M
EBITDA	-71.81M	-57.11M	-47.78M	-19.25M	-47.04M	-366.67M
Net Income	-106.03M	-67.92M	-87.32M	-48.50M	-84.80M	-466.75M
Balance Sheet
Total Assets	1.47B	1.51B	1.48B	1.69B	1.04B	1.29B
Cash, Cash Equivalents and Short-Term Investments	410.10M	467.73M	138.92M	278.83M	39.81M	68.77M
Total Debt	305.34M	311.44M	309.00M	308.80M	379.76M	450.81M
Total Liabilities	873.60M	858.48M	769.63M	990.46M	848.05M	1.02B
Stockholders Equity	446.45M	500.10M	595.38M	687.14M	179.80M	272.20M
Cash Flow
Free Cash Flow	12.18M	11.19M	-57.33M	-230.65M	-33.58M	64.80M
Operating Cash Flow	58.16M	56.59M	413.60M	-221.12M	-26.28M	68.57M
Investing Cash Flow	-45.36M	-69.75M	-685.07M	-9.13M	-25.89M	-1.68M
Financing Cash Flow	-44.63M	22.95M	78.66M	463.95M	26.60M	-63.37M

New Focus Auto Tech Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0360, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.10 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0360.

New Focus Auto Tech Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1809	78 Outperform	HK$5.26B	4.83	15.64%	8.39%	2.85%	-33.83%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1930	58 Neutral	HK$250.80M	13.62	4.80%	1.89%	3.40%	20.78%
0305	46 Neutral	HK$1.58B	16.55	4.50%	1.09%	-14.23%	276.62%
0360	45 Neutral	HK$774.76M	-6.67	-20.92%	―	2.44%	-6.45%
6830	44 Neutral	HK$442.30M	8.28	3.56%	1.22%	14.93%	19.84%
6162	44 Neutral	HK$600.00M	-1,475.00	-0.12%	―	23.71%	-112.50%

New Focus Auto Tech Holdings Corporate Events

New Focus Auto Tech Secures Shanghai Production Commitments in Supplemental Deal With Zhongrong Juxin

New Focus Auto Tech Holdings’ Shanghai subsidiary has signed a supplemental agreement with investor Zhongrong Juxin that ties Zhongrong Juxin’s business cooperation obligations to the Group maintaining Shanghai as its production base, including a requirement that at least half of the products from Zhongrong Juxin-related orders be independently manufactured by the Group in Shanghai and that the subsidiary retain sufficient local production capacity. The parties also agreed a contingency framework under which, if the Shanghai subsidiary loses its production capacity because of government relocation or other factors, another Group-controlled company registered in Shanghai would assume all rights and obligations, Zhongrong Juxin would inject RMB100 million for a 10% stake in that replacement entity on substantially the same terms, and would enter a concert party arrangement with the replacement company’s controlling shareholder, thereby preserving the structure and intent of the original capital increase and business cooperation while reducing operational and relocation risk for both sides.

The most recent analyst rating on (HK:0360) stock is a Hold with a HK$0.05 price target. To see the full list of analyst forecasts on New Focus Auto Tech Holdings stock, see the HK:0360 Stock Forecast page.

New Focus Auto Tech Unit Buys RMB46.34 Million Industrial Land-Use Rights in Shanghai

New Focus Auto Tech Holdings’ non-wholly owned subsidiary, New Focus Technology (Shanghai), has secured a 20-year industrial land-use right for a 38,614.19 sq m plot in Qingpu District, Shanghai, paying RMB46.34 million following a public bidding process. The consideration, funded by self-owned and self-raised funds, was aligned with the initial bid price set by local authorities and reflects current market conditions and the site’s development potential; the deal qualifies as a discloseable transaction under Hong Kong listing rules but does not require shareholder approval, signalling a moderate yet strategic expansion of the group’s industrial footprint in Shanghai.

The most recent analyst rating on (HK:0360) stock is a Hold with a HK$0.05 price target. To see the full list of analyst forecasts on New Focus Auto Tech Holdings stock, see the HK:0360 Stock Forecast page.

New Focus Auto Tech Announces Capital Increase Agreement with Zhongrong Juxin

New Focus Auto Tech Holdings Limited announced a capital increase agreement with Zhongrong Juxin, where the latter will inject RMB100 million into New Focus Lighting & Power (Shanghai) for a 10% equity interest. This transaction, classified as a deemed disposal, will reduce the company’s stake in the subsidiary from 100% to 90%, but New Focus Lighting & Power will remain a consolidated subsidiary, ensuring continued financial integration with the parent company.