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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 | 1.57B | 1.57B | 2.83B | 9.45B | 610.71M | 276.56M |
| Gross Profit | 44.22M | 44.22M | 10.39M | 184.69M | 302.63M | 77.86M |
| EBITDA | -61.61M | 62.19M | -251.21M | -129.99M | 197.12M | 12.29M |
| Net Income | 54.32M | 54.32M | -287.37M | -206.50M | 141.48M | -32.58M |
Balance Sheet | ||||||
| Total Assets | 461.07M | 461.07M | 748.64M | 1.07B | 878.13M | 605.63M |
| Cash, Cash Equivalents and Short-Term Investments | 196.85M | 196.85M | 336.71M | 620.05M | 555.49M | 403.68M |
| Total Debt | 4.87M | 4.87M | 467.20M | 590.20M | 349.47M | 358.70M |
| Total Liabilities | 179.16M | 179.16M | 534.87M | 921.31M | 599.52M | 476.10M |
| Stockholders Equity | 281.91M | 281.91M | 206.35M | 134.93M | 278.61M | 129.53M |
Cash Flow | ||||||
| Free Cash Flow | -10.76M | -10.76M | -263.08M | -335.04M | 166.87M | 27.11M |
| Operating Cash Flow | -10.73M | -10.73M | -245.19M | -314.84M | 181.61M | 29.80M |
| Investing Cash Flow | -21.92M | -21.92M | 11.48M | -133.92M | 9.51M | 311.00K |
| Financing Cash Flow | -223.77M | -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 |
|---|---|---|---|---|---|---|---|
79 Outperform | HK$3.51B | 1.27 | 93.13% | 1.37% | 10.88% | 1523.33% | |
66 Neutral | HK$613.69M | 20.48 | 2.74% | 3.52% | 5.79% | ― | |
64 Neutral | HK$2.98B | 26.84 | 5.45% | 0.54% | 50.17% | 234.78% | |
57 Neutral | HK$14.80B | 10.64 | -0.76% | 4.27% | 6.99% | -31.80% | |
56 Neutral | HK$4.42B | 14.24 | -19.51% | ― | 344.37% | -288.45% | |
49 Neutral | HK$1.79B | ― | -0.73% | ― | 11.32% | -1430.77% | |
40 Underperform | HK$1.03B | ― | -7.49% | ― | -3.22% | 55.08% |
New Huo Technology Holdings Limited Corporate Events
New Huo Technology Holdings Limited has announced an extraordinary general meeting to approve two subscription agreements with Avenir Investment Limited and LINEX Holdings Ltd. These agreements involve the issuance of a total of 129,170,000 new shares at HK$1.66 per share. The approval of these agreements is expected to enhance the company’s capital base and potentially strengthen its market position, offering strategic benefits to its stakeholders.
Sinohope Technology Holdings Limited has announced the book closure period for its upcoming Extraordinary General Meeting (EGM), scheduled for August 26, 2025. The company has outlined the procedures for shareholders to qualify for attending and voting at the EGM, emphasizing the importance of timely share transfer registration.
Sinohope Technology Holdings Limited has announced a delay in the dispatch of a circular related to the subscription of new shares and proposed amendments to its corporate documents. The circular, initially expected by August 1, 2025, will now be dispatched by August 15, 2025, due to additional time needed to finalize certain information. This delay may impact the company’s timeline for shareholder approval and subsequent corporate actions.
New Huo Technology Holdings Limited has restructured its Nomination and Corporate Governance Committee to enhance its board’s effectiveness and alignment with corporate strategy. This move, which includes a focus on board diversity and independent director assessments, aims to strengthen governance practices and ensure the board’s composition supports the company’s strategic objectives.
Sinohope Technology Holdings Limited, incorporated in the British Virgin Islands, has announced a delay in the dispatch of a circular related to the subscription of new shares under a specific mandate, a connected transaction, a proposed increase in authorized shares, and amendments to its memorandum and articles. The circular, initially expected by July 21, 2025, will now be dispatched by August 1, 2025, due to the need for additional time to finalize certain information.
Sinohope Technology Holdings Limited has established an Independent Board Committee to evaluate the fairness and reasonableness of proposed subscription agreements and transactions. Additionally, Gram Capital Limited has been appointed as the Independent Financial Adviser to provide guidance to the committee and shareholders, with a circular expected by 21 July 2025. The completion of these subscriptions is contingent upon certain conditions, and stakeholders are advised to exercise caution.
New Huo Technology Holdings Limited has announced its plan to issue 166,000,000 new shares at a price of HK$1.66 per share, raising a total of HK$275,560,000. This move, which represents a significant portion of the company’s existing shares, is part of a broader strategy to increase its authorized share capital and provide flexibility for future investments. The transaction involves connected parties and requires approval from independent shareholders, with an independent board committee and financial adviser appointed to ensure fairness and transparency.
Sinohope Technology Holdings Limited, incorporated in the British Virgin Islands, has completed substantial acquisitions, resulting in the BVI Company becoming a wholly owned subsidiary and BitTrade becoming an indirect subsidiary. These acquisitions will be consolidated into the company’s financial statements, potentially impacting its financial performance and market positioning.
Sinohope Technology Holdings Limited reported a significant increase in revenue for the six months ended March 31, 2025, reaching HK$3,455,679,000, primarily driven by its cryptocurrency trading business. Despite the revenue growth, the company experienced a substantial decline in gross profit and a net loss of HK$12,300,000, indicating challenges in maintaining profitability amidst fluctuating market conditions.