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New Huo Technology Holdings Limited
(1611)
New Huo Technology Holdings Limited (1611) vs. iShares MSCI Hong Kong ETF (EWH)
New Huo Technology Holdings Limited Business Overview & Revenue Model
New Huo Technology Holdings Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.37B | 1.57B | 2.83B | 9.06B | 610.71M | 276.56M |
| Gross Profit | 23.07M | 44.22M | 10.39M | 110.85M | 302.63M | 77.86M |
| EBITDA | -68.05M | 62.19M | -247.33M | -129.99M | 219.06M | 12.29M |
| Net Income | -57.79M | 54.32M | -287.37M | -199.67M | 141.48M | -32.58M |
Balance Sheet | ||||||
| Total Assets | 448.41M | 461.07M | 748.64M | 1.07B | 878.13M | 605.63M |
| Cash, Cash Equivalents and Short-Term Investments | 247.31M | 196.85M | 336.71M | 620.05M | 555.49M | 403.68M |
| Total Debt | 4.18M | 4.87M | 467.20M | 590.20M | 349.47M | 358.70M |
| Total Liabilities | 172.92M | 179.16M | 534.87M | 921.31M | 599.52M | 476.10M |
| Stockholders Equity | 275.49M | 281.91M | 206.35M | 134.93M | 278.61M | 129.53M |
Cash Flow | ||||||
| Free Cash Flow | -4.59M | -10.76M | -263.08M | -335.04M | 166.87M | 27.11M |
| Operating Cash Flow | -4.59M | -10.73M | -245.19M | -314.84M | 181.61M | 29.80M |
| Investing Cash Flow | 18.08M | -21.92M | 11.48M | -133.92M | 9.51M | 311.00K |
| Financing Cash Flow | -1.09M | -223.77M | 302.06M | 232.85M | -45.15M | -101.05M |
New Huo Technology Holdings Limited Technical Analysis
New Huo Technology Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$3.45B | 0.88 | 108.05% | 46.02% | 12.26% | 2497.49% | |
69 Neutral | HK$685.89M | 16.96 | 3.78% | 3.73% | 2.10% | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | HK$3.20B | 18.17 | 8.36% | 1.01% | 46.98% | 130.04% | |
55 Neutral | HK$2.25B | -33.64 | -0.92% | ― | 14.06% | 4.41% | |
49 Neutral | HK$2.17B | -168.02 | -19.51% | ― | 344.37% | -288.45% | |
43 Neutral | HK$501.12M | -36.63 | -19.83% | ― | -0.23% | -98.74% |
New Huo Technology Holdings Limited Corporate Events
Sinohope Technology Holdings reported a more than fourfold surge in revenue to HK$8.66 billion for the year ended 30 September 2025, driven almost entirely by explosive growth in its crypto asset trading business, which jumped 466.5% year-on-year to HK$8.61 billion. Despite the sharp revenue increase and a modest rise in gross profit to HK$47.6 million, the company swung from a profit of HK$56.3 million in the prior year to a loss before tax of HK$9.6 million, as gross margin collapsed from 2.8% to 0.6% and fair value losses on crypto assets, higher operating expenses and reduced net cash weighed on results. A provisional gain on bargain purchase and other income provided some offset, while total equity more than doubled to HK$757.1 million, indicating a strengthened balance sheet even as earnings per share turned negative, underscoring the high-volume but thin-margin and volatile nature of its crypto trading model for shareholders.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
Sinohope Technology Holdings Limited has issued a profit warning for the twelve months ended 30 September 2025, indicating it expects to post a net loss of no more than HK$10.0 million, compared with a net profit of approximately HK$56.3 million a year earlier. The downturn is mainly attributed to the impact of a very substantial acquisition that, despite generating a provisional bargain purchase gain of about HK$60.9 million, resulted in a consolidated net loss of roughly HK$58.6 million, together with the absence of last year’s one-off reversal of an impairment on an FTX-related deposit of around HK$85.9 million, partially offset by a HK$10.3 million reversal of other receivables impairment and reduced gains from cryptocurrency fair value changes. The board stressed that these figures are based on unaudited management accounts and may change upon finalisation of the audited annual results, which are scheduled to be announced on 30 December 2025, and advised shareholders and potential investors to exercise caution when trading the company’s shares.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
Sinohope Technology Holdings Limited has announced that its board of directors will meet on December 30, 2025, to consider and approve the company’s annual results for the year ending September 30, 2025. The board will also discuss the potential declaration of a final dividend, which could impact the company’s financial strategy and shareholder returns.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
Sinohope Technology Holdings Limited has announced a grant of share awards to four service providers who contribute to key areas such as client management, risk control, and product development in the cryptocurrency and virtual asset sectors. The share awards are tied to performance targets to incentivize and retain these providers, aligning with industry practices and aiming to enhance the company’s operations and development.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
Sinohope Technology Holdings Limited has announced a strategic Bitcoin purchase plan, aiming to invest up to US$5 million in Bitcoin to diversify its asset portfolio. The company has already acquired approximately 24.29 units of Bitcoin, reflecting confidence in Bitcoin’s long-term investment value amid current market conditions.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
Sinohope Technology Holdings Limited, incorporated in the British Virgin Islands, has announced a change in the address of its principal place of business in Hong Kong. Effective from November 24, 2025, the company will relocate to Room 4201–5, 42/F, COSCO Tower, 183 Queen’s Road Central, Hong Kong. This move may reflect strategic operational adjustments or expansion efforts, potentially impacting stakeholders and the company’s market positioning.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
New Huo Technology Holdings Limited has announced the grant of 2,829,000 share awards under its Share Award Scheme, representing approximately 0.38% of the company’s total shares. The awards are distributed among 13 grantees, including employees and service providers, with a vesting period of three years subject to performance targets. This initiative is part of the company’s strategy to incentivize and retain talent, potentially impacting its operational efficiency and market positioning positively.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
Sinohope Technology Holdings Limited announced the grant of 18,802,500 share options to eligible participants under its Share Option Scheme. The options, which have a 10-year validity period, are subject to performance targets and will vest over three years. This move aims to align the interests of the grantees with the company’s long-term goals, potentially enhancing stakeholder value.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
Sinohope Technology Holdings Limited announced the results of its Extraordinary General Meeting held on October 17, 2025, where all proposed resolutions were passed by shareholders via poll. The resolutions included the adoption of a scheme and a service provider sub-limit, both receiving over 97% approval. This successful approval signifies strong shareholder support for the company’s strategic initiatives, potentially enhancing its operational capabilities and market positioning.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
Sinohope Technology Holdings Limited has announced an extraordinary general meeting to be held on October 17, 2025, in Hong Kong. The meeting will address the approval and adoption of a share award scheme, allowing the company to issue new shares and grant awards under the scheme, with a mandate limit of 10% of the shares in issue. Additionally, a sub-limit for shares allotted to service providers will be set at 1% of the shares in issue. This initiative aims to enhance the company’s operational flexibility and incentivize stakeholders, potentially impacting its market positioning positively.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.