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Cybernaut International Holdings Company Limited (HK:1020)
:1020
Hong Kong Market

Cybernaut International Holdings Company Limited (1020) AI Stock Analysis

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HK:1020

Cybernaut International Holdings Company Limited

(1020)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
HK$0.39
▲(105.26% Upside)
The score is primarily constrained by weak financial performance (declining revenue, ongoing losses, high leverage, and inconsistent free cash flow). Technicals show strong upside momentum, but extremely overbought indicators increase near-term reversal risk. Valuation is also pressured by the negative P/E and lack of dividend data.
Positive Factors
Secular tech exposure
As a diversified investment holder concentrated in technology, Cybernaut’s exposure to AI, big data and digital platforms aligns with durable secular growth drivers. This strategic focus supports long-term capital allocation into high-growth sub-sectors and portfolio appreciation over multiple years.
Improving operating cash flow
The reported improvement in operating cash flow in 2024 indicates progress toward stabilizing internal cash generation. If sustained, stronger OCF reduces reliance on external funding, enables reinvestment into portfolio companies, and supports operational resilience over the next several quarters.
Liquidity buffer
Maintaining cash and short-term investments relative to liabilities provides a near-term liquidity cushion. This enhances the company’s ability to service obligations, pursue selective investments or navigate market dislocations without immediately tapping expensive external capital, improving survivability.
Negative Factors
Declining revenue trend
Multi-year revenue decline erodes the company’s recurring earning base and undermines scalability. A shrinking top line limits ability to cover fixed costs, reduces investment capacity, and pressures long-term profitability, making durable recovery dependent on successful portfolio exits or new revenue streams.
Persistent unprofitability
Ongoing negative EBIT and net income indicate chronic operating losses that impair retained earnings and limit internal capital for growth. Persistent unprofitability increases dependence on external financing, hampers reinvestment, and risks equity dilution or restructuring if losses continue.
High leverage and weakened equity
A high debt-to-equity ratio and declining shareholder equity raise refinancing and solvency risk. Elevated leverage increases interest burdens and restricts strategic flexibility, meaning adverse market or cash-flow shocks could force asset sales or expensive capital raises over the coming months.

Cybernaut International Holdings Company Limited (1020) vs. iShares MSCI Hong Kong ETF (EWH)

Cybernaut International Holdings Company Limited Business Overview & Revenue Model

Company DescriptionCybernaut International Holdings Company Limited, an investment holding company, provides e-commerce solutions and related support services in the People's Republic of China, Europe, North America, Hong Kong, and the rest of Asia. It also sells information technology products; lends money; and offers Internet education services. The company was formerly known as Sinoref Holdings Limited and changed its name to Cybernaut International Holdings Company Limited in May 2017. Cybernaut International Holdings Company Limited was founded in 2005 and is headquartered in Wan Chai, the People's Republic of China.
How the Company Makes MoneyCybernaut International generates revenue through multiple channels, primarily by investing in technology companies and startups that exhibit high growth potential. The company earns returns on its investments as these businesses grow and become profitable. Additionally, Cybernaut may generate income from consulting services, technology solutions, and digital platforms that it develops or operates. Strategic partnerships with other technology firms, as well as participation in joint ventures, also contribute significantly to its revenue streams. The company's focus on innovation and its ability to adapt to market trends are key factors that drive its earnings.

Cybernaut International Holdings Company Limited Financial Statement Overview

Summary
Cybernaut International Holdings Company Limited faces significant financial challenges, with declining revenue and profitability, high leverage, and inconsistent cash flow generation. The company needs to address these issues to improve its financial health and stability.
Income Statement
The company has experienced a significant decline in revenue over the years, with a revenue decrease from 2020 to 2024. Gross profit margin has been volatile, and the company has consistently reported negative EBIT and net income, indicating ongoing operational challenges and profitability issues.
Balance Sheet
The balance sheet reveals a high debt-to-equity ratio, indicating significant leverage, which poses financial risk. Stockholders' equity has decreased over time, reflecting potential financial instability. However, the company maintains a reasonable level of cash and short-term investments relative to its liabilities.
Cash Flow
Cash flow analysis shows some improvement in operating cash flow in 2024 compared to previous years. However, free cash flow has been inconsistent, and the company has faced challenges in maintaining positive cash flow from operations over the years.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue76.76M93.24M111.54M56.94M126.38M285.21M
Gross Profit18.95M19.34M22.68M24.89M25.32M66.46M
EBITDA-10.36M-5.62M19.25M-16.19M-22.16M-24.38M
Net Income-52.90M-43.99M-17.57M10.75M-257.92M-76.23M
Balance Sheet
Total Assets315.67M393.94M410.78M340.99M349.68M736.94M
Cash, Cash Equivalents and Short-Term Investments23.25M26.49M45.10M49.25M45.32M93.81M
Total Debt181.91M208.85M201.90M162.06M245.96M341.38M
Total Liabilities265.35M312.12M281.81M199.15M295.93M424.96M
Stockholders Equity50.72M82.27M131.81M144.32M56.41M316.67M
Cash Flow
Free Cash Flow8.89M4.34M-19.08M5.55M13.06M-52.94M
Operating Cash Flow8.89M4.34M-19.08M5.55M13.30M-50.64M
Investing Cash Flow15.53M10.91M1.19M-4.92M543.00K-4.84M
Financing Cash Flow-51.90M-21.27M6.55M-3.71M-51.50M-6.36M

Cybernaut International Holdings Company Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.19
Price Trends
50DMA
0.16
Positive
100DMA
0.15
Positive
200DMA
0.10
Positive
Market Momentum
MACD
0.07
Negative
RSI
95.99
Negative
STOCH
99.96
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1020, the sentiment is Positive. The current price of 0.19 is below the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.16, and above the 200-day MA of 0.10, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 95.99 is Negative, neither overbought nor oversold. The STOCH value of 99.96 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1020.

Cybernaut International Holdings Company Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
HK$500.58M7.9717.60%2.76%17.38%15.93%
69
Neutral
HK$165.86M7.744.64%11.85%-3.54%-31.50%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
60
Neutral
HK$246.29M64.890.78%7.94%1.69%-81.96%
50
Neutral
HK$2.08B-39.29-363.59%-37.11%-223.08%
42
Neutral
HK$385.61M-0.26-4.97%-92.27%
39
Underperform
HK$448.57M-13.07-3.08%-33.28%91.18%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1020
Cybernaut International Holdings Company Limited
0.50
0.43
685.71%
HK:6188
Beijing Digital Telecom Co. Ltd. Class H
0.45
-0.28
-38.36%
HK:0104
Asia Commercial Holdings Limited
0.22
0.02
8.74%
HK:1861
Precious Dragon Technology Holdings Ltd.
2.13
1.21
131.52%
HK:6033
Telecom Digital Holdings Ltd
0.61
-0.10
-14.08%
HK:0620
DTXS Silk Road Investment Holdings Company Limited
0.52
0.26
100.00%

Cybernaut International Holdings Company Limited Corporate Events

Cybernaut International Appoints Major Shareholder Kong Junmin as CEO to Steer Next Growth Phase
Jan 12, 2026

Cybernaut International Holdings Company Limited has appointed executive director and major shareholder representative Kong Junmin as chief executive officer with effect from 12 January 2026, a move the board says is aimed at meeting the company’s development needs and strengthening corporate governance. Kong, a seasoned entrepreneur and founder of Ciprun Group with extensive academic, political and industry credentials in intellectual property and innovation, will receive HK$80,000 in CEO remuneration and continue to serve as chairman, consolidating leadership as the group seeks to align its governance and strategic direction with its innovation- and IP-focused operations.

The most recent analyst rating on (HK:1020) stock is a Hold with a HK$0.39 price target. To see the full list of analyst forecasts on Cybernaut International Holdings Company Limited stock, see the HK:1020 Stock Forecast page.

Cybernaut International Announces Board and Committee Structure
Jan 12, 2026

Cybernaut International Holdings Company Limited has announced the current composition of its board of directors, confirming Kong Junmin as chairman and chief executive officer alongside executive directors Zhu Min and Yip Sum Yu, and three independent non-executive directors, Li Yik Sang, Lu Yonghao and Lee Kam Wing Victor. The company has also set out the membership of its three key board committees, with independent non-executive director Lee Kam Wing Victor chairing the audit, nomination and remuneration committees, supported by fellow independent directors as members and with executive director Yip Sum Yu serving on the nomination committee, underscoring the group’s emphasis on formalised governance and oversight structures in line with market expectations for listed companies.

The most recent analyst rating on (HK:1020) stock is a Hold with a HK$0.39 price target. To see the full list of analyst forecasts on Cybernaut International Holdings Company Limited stock, see the HK:1020 Stock Forecast page.

Cybernaut International Approves Name Change at EGM
Dec 11, 2025

Cybernaut International Holdings Company Limited has announced the successful passing of a special resolution at its Extraordinary General Meeting (EGM) held on December 11, 2025. The resolution, which proposed a change in the company’s name, was approved unanimously by shareholders, with 100% of the votes cast in favor. This decision marks a significant step for the company, potentially impacting its brand identity and market positioning. The meeting was attended by several directors, highlighting the importance of this strategic move for the company’s future operations.

The most recent analyst rating on (HK:1020) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Cybernaut International Holdings Company Limited stock, see the HK:1020 Stock Forecast page.

Cybernaut International Holdings Announces Change of Hong Kong Office Address
Dec 1, 2025

Cybernaut International Holdings Company Limited, a company incorporated in the Cayman Islands, has announced a change in the address of its head office and principal place of business in Hong Kong. The new address is Unit 15, 16 Floor, Seapower Tower, Concordia Plaza, No. 1 Science Museum Road, Kowloon, Hong Kong, effective from December 1, 2025. This change reflects an operational update for the company, potentially impacting its logistical and administrative functions in the region.

The most recent analyst rating on (HK:1020) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Cybernaut International Holdings Company Limited stock, see the HK:1020 Stock Forecast page.

Cybernaut International Proposes Name Change to Ciprun Technology
Nov 25, 2025

Cybernaut International Holdings Company Limited has announced an extraordinary general meeting to propose a change in its company name to Ciprun Technology Holdings Company Limited, pending approval from the Cayman Islands Registrar of Companies. This name change reflects a strategic shift in the company’s branding and may signal a new direction or focus for the company, potentially impacting its market positioning and stakeholder engagement.

Cybernaut International Announces EGM for Name Change Proposal
Nov 21, 2025

Cybernaut International Holdings Company Limited has announced the closure of its register of members in preparation for an extraordinary general meeting (EGM) scheduled for December 11, 2025. The meeting will address, among other things, the proposed change of the company’s name. Shareholders wishing to attend and vote at the EGM must ensure their shares are registered by December 5, 2025. This move is part of the company’s efforts to engage shareholders in significant corporate decisions, potentially impacting its market identity and stakeholder relations.

Cybernaut International Announces Board Reshuffle
Nov 4, 2025

Cybernaut International Holdings Company Limited has announced significant changes in its board of directors, with the resignation of Mr. Cao Ke as an independent non-executive director and the appointment of Ms. Lu Yonghao to the same position. These changes are part of a broader reshuffle in the company’s board committees, with Ms. Lu taking on roles in the Remuneration, Audit, and Nomination Committees, and Mr. Lee Kam Wing Victor being appointed as the Chairman of the Remuneration Committee. This transition is expected to bring new expertise and perspectives to the company, particularly given Ms. Lu’s extensive experience in the real estate and financial investment sectors.

Cybernaut International Holdings Announces Board Composition and Roles
Nov 4, 2025

Cybernaut International Holdings Company Limited has announced the composition of its board of directors and their respective roles within the company. The board consists of executive directors and independent non-executive directors, with specific members assigned to the audit, nomination, and remuneration committees. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic decision-making and stakeholder confidence.

Cybernaut International Proposes Name Change to Reflect Business Focus
Oct 31, 2025

Cybernaut International Holdings Company Limited has announced a proposed change of its English name to Ciprun Technology Holdings Company Limited, subject to shareholder approval and regulatory consent in the Cayman Islands. The change is intended to better reflect the company’s current business activities and future development, enhancing its corporate identity without affecting shareholders’ rights or the company’s operations.

Cybernaut International Announces Leadership Changes
Oct 27, 2025

Cybernaut International Holdings Company Limited has announced significant changes in its leadership structure. Mr. Kong Junmin has been appointed as an executive director and the new chairman of the board, effective October 27, 2025, succeeding Mr. Zhu Min, who will continue as an executive director. Mr. Kong, a notable figure in the innovation and technology sector, brings extensive experience and leadership credentials to the company. This leadership transition is expected to influence the company’s strategic direction and strengthen its position in the market.

Cybernaut International Holdings Announces Board Composition and Roles
Oct 27, 2025

Cybernaut International Holdings Company Limited has announced the composition of its board of directors and their respective roles within the organization. The board comprises executive directors, including Mr. Kong Junmin as Chairman, and independent non-executive directors. The announcement also details the membership of three key board committees: Audit, Nomination, and Remuneration, highlighting the leadership roles within these committees. This update is significant for stakeholders as it outlines the governance structure and leadership, which could impact the company’s strategic direction and operational oversight.

Cybernaut International Announces Key Executive Changes
Oct 27, 2025

Cybernaut International Holdings Company Limited has announced a change in its executive team, with Mr. Cheung Wing Lok resigning from his positions as Chief Financial Officer, Company Secretary, and Authorised Representative to focus on other business commitments. The company has appointed Mr. Ma Kin Ling to fill these roles, bringing with him extensive experience from various positions in other listed companies. This transition is expected to maintain the company’s operational stability and continuity, as Mr. Ma’s background in finance and leadership is anticipated to support Cybernaut International Holdings’ strategic objectives.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 10, 2026