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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 | 9.06B | 610.71M | 276.56M |
| Gross Profit | 44.22M | 44.22M | 10.39M | 110.85M | 302.63M | 77.86M |
| EBITDA | -61.61M | 62.19M | -251.21M | -129.99M | 219.06M | 12.29M |
| Net Income | 54.32M | 54.32M | -287.37M | -199.67M | 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 |
|---|---|---|---|---|---|---|---|
80 Outperform | HK$4.43B | 1.60 | 93.13% | 37.76% | 10.88% | 1523.33% | |
72 Outperform | HK$2.95B | 16.16 | 8.36% | 1.03% | 46.98% | 130.04% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
59 Neutral | HK$604.67M | 20.18 | 2.74% | 3.73% | 5.79% | ― | |
46 Neutral | HK$1.82B | ― | -0.92% | ― | 14.06% | 4.41% | |
42 Neutral | HK$3.29B | 14.24 | -19.51% | ― | 344.37% | -288.45% | |
39 Underperform | HK$460.80M | ― | -19.83% | ― | -0.23% | -98.74% |
New Huo Technology Holdings Limited Corporate Events
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.
Sinohope Technology Holdings Limited, listed on the Hong Kong Stock Exchange, has announced a change in the composition of its Nomination and Corporate Governance Committee (NCGC). Effective September 26, 2025, Ms. Zhang Li, an executive director, has been appointed as a member of the NCGC. This change aligns with recent amendments to the Listing Rules and the Corporate Governance Code, aiming to enhance the board’s effectiveness and diversity, thereby strengthening the company’s corporate governance practices.
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, listed on the stock exchange under the code 1611, has announced the updated composition of its board of directors, effective from September 26, 2025. The board consists of non-executive, executive, and independent non-executive directors, with Li Lin serving as the Chairman and Weng Xiaoqi as the Chief Executive Officer. The announcement also details the membership of the board committees, highlighting the roles of directors in the audit, nomination and corporate governance, and remuneration committees. This update reflects the company’s ongoing governance and leadership structuring, which is crucial for maintaining effective oversight and strategic direction.
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 a proposed adoption of a share award scheme, which is designed to provide incentives to eligible participants by granting awards for their contributions to the company. This scheme aims to align the interests of participants with the company, improve long-term incentive mechanisms, and attract and retain high-caliber personnel. The scheme will be valid for ten years and involves issuing new shares or utilizing existing shares, subject to shareholder approval.
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 completed the subscription of new shares under a specific mandate, raising approximately HK$275.6 million in gross proceeds. The funds will be allocated towards business growth, debt repayment, and general working capital, impacting the company’s financial structure by altering its shareholding distribution and supporting its strategic expansion plans.
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 composition of its board of directors, effective from August 26, 2025. The board consists of non-executive directors, executive directors, and independent non-executive directors, with Li Lin serving as the Chairman and Weng Xiaoqi as the Chief Executive Officer. The announcement also details the membership of three board committees: the Audit Committee, the Nomination and Corporate Governance Committee, and the Remuneration Committee. This update in leadership structure is likely to influence the company’s governance and strategic direction, impacting stakeholders and potentially affecting its 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 announced significant leadership changes effective August 26, 2025. Mr. Weng Xiaoqi has been appointed as the new CEO and executive director, bringing over a decade of experience in blockchain infrastructure and virtual asset exchanges. He succeeds Mr. Du Jun, who has transitioned to a non-executive director role. These changes are expected to enhance the company’s strategic growth and development in the blockchain sector.
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 announced the successful passing of several resolutions during its Extraordinary General Meeting held on August 26, 2025. The resolutions, which were approved by a significant majority of shareholders, include the ratification of multiple Subscription Agreements and an increase in authorized shares. This development is expected to enhance the company’s operational capabilities and strengthen its market position.
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 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.