New Huo Technology Holdings Limited (HK:1611)
:1611
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New Huo Technology Holdings Limited
(1611)
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Rating:50Neutral
Price Target:
HK$2.50
▼(-7.75% Downside)
Action:Reiterated
Date:04/22/26
The score is held back primarily by weak and volatile financial performance (negative profitability and uneven leverage), partially offset by improved cash flow and a strong 2025 revenue rebound. Technicals are moderately positive in the near term (above key short/mid-term moving averages with a positive MACD), but valuation remains unattractive due to losses (negative P/E) and no stated dividend yield.
Positive Factors
Revenue Growth
A near-doubling of revenue in 2025 indicates regained customer demand or successful commercial execution. If sustained, this larger top line creates room for operating leverage, supports investment in product and distribution, and improves the base for future margin recovery and scale.
Negative Factors
Weak Profitability
Near-zero gross margin and persistent operating and net losses limit the company’s ability to self-fund growth, invest in product or marketing, and build retained earnings. Structural margin weakness raises questions about business model unit economics and long-run sustainability without clear margin improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A near-doubling of revenue in 2025 indicates regained customer demand or successful commercial execution. If sustained, this larger top line creates room for operating leverage, supports investment in product and distribution, and improves the base for future margin recovery and scale.
Read all positive factors
New Huo Technology Holdings Limited (1611) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.69B
Dividend YieldN/A
Average Volume (3M)3.62M
Price to Earnings (P/E)―
Beta (1Y)0.91
Revenue Growth451.85%
EPS Growth-119.13%
CountryHK
Employees81
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)-0.02
Shares Outstanding752,947,450
10 Day Avg. Volume2,957,681
30 Day Avg. Volume3,621,712
Financial Highlights & Ratios
PEG Ratio2.77
Price to Book (P/B)3.86
Price to Sales (P/S)0.34
P/FCF Ratio203.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
New Huo Technology Holdings Limited Business Overview & Revenue Model
Company Description
Sinohope Technology Holdings Ltd. is an investment holding company, which engages in the asset management, trust, and custodian business; cryptocurrency trading; and contract manufacturing of power-related and electrical/electronic products. It op...
How the Company Makes Money
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New Huo Technology Holdings Limited Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
46
Neutral
Cash Flow
55
Neutral
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 8.66B | 1.57B | 2.83B | 9.06B | 610.71M |
| Gross Profit | 47.63M | 44.22M | 10.39M | 110.85M | 302.63M |
| EBITDA | -75.89M | 62.19M | -247.33M | -129.99M | 219.06M |
| Net Income | -9.21M | 54.32M | -287.37M | -199.67M | 141.48M |
Balance Sheet | |||||
| Total Assets | 1.32B | 461.07M | 748.64M | 1.07B | 878.13M |
| Cash, Cash Equivalents and Short-Term Investments | 1.10B | 196.85M | 336.71M | 620.05M | 555.49M |
| Total Debt | 491.65M | 4.87M | 467.20M | 590.20M | 349.47M |
| Total Liabilities | 559.61M | 179.16M | 534.87M | 921.31M | 599.52M |
| Stockholders Equity | 757.12M | 281.91M | 206.35M | 134.93M | 278.61M |
Cash Flow | |||||
| Free Cash Flow | 14.34M | -10.76M | -263.08M | -335.04M | 166.87M |
| Operating Cash Flow | 16.51M | -10.73M | -245.19M | -314.84M | 181.61M |
| Investing Cash Flow | 86.08M | -21.92M | 11.48M | -133.92M | 9.51M |
| Financing Cash Flow | 272.51M | -223.77M | 302.06M | 232.85M | -45.15M |
New Huo Technology Holdings Limited Technical Analysis
Negative
2.71
Price Trends
2.49
Negative
2.55
Negative
3.75
Negative
Market Momentum
-0.06
Positive
36.72
Neutral
11.20
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1611, the sentiment is Negative. The current price of 2.71 is above the 20-day moving average (MA) of 2.65, above the 50-day MA of 2.49, and below the 200-day MA of 3.75, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 36.72 is Neutral, neither overbought nor oversold. The STOCH value of 11.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1611.
New Huo Technology Holdings Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$1.94B | 9.33 | 0.89% | 3.28% | 9.64% | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | HK$2.56B | 5.67 | 6.23% | ― | 33.06% | 203.75% | |
54 Neutral | HK$1.99B | 19.68 | -0.66% | ― | 16.74% | ― | |
50 Neutral | HK$1.69B | -316.88 | -1.78% | ― | 451.85% | -119.13% | |
49 Neutral | HK$1.61B | 8.40 | -2.38% | ― | 1061.35% | ― | |
46 Neutral | HK$1.81B | 26.67 | -12.49% | ― | 8.17% | 54.75% |
* Financial Sector Average
HK:1611
New Huo Technology Holdings Limited
2.25
0.65
40.62%
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6.33%
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CMBC Capital Holdings Limited
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2.05
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1.06
-0.14
-11.67%
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LFG Investment Holdings Limited
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3.49
2181.25%
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Get Nice Holdings Limited
3.47
0.63
22.18%
New Huo Technology Holdings Limited Corporate Events
Bitfire Group flags steep interim loss on crypto asset downturn and higher costs
May 15, 2026
Bitfire Group Holdings has warned that it expects to post a net loss of up to HK$245 million for the six months ended 31 March 2026, a sharp deterioration from the HK$12.3 million loss a year earlier. The swing is largely driven by a HK$152.4 mill...
Bitfire Group Sets Board Meeting to Approve Interim Results and Consider Dividend
May 15, 2026
Bitfire Group Holdings Limited has scheduled a board meeting for 27 May 2026 to review and approve the interim results for the six months ended 31 March 2026. The board will also consider whether to declare an interim dividend, a decision that cou...
Bitfire Group Acquires AvenirX Trading Software in Connected Deal
Apr 22, 2026
Bitfire Group Holdings has disclosed that its wholly owned subsidiary Sinohope Digital Service Limited has agreed to acquire specific software assets from Avenir Investment Management Limited for US$1.58 million. The package includes the AvenirX S...
Bitfire Group Strengthens Governance Team With New Company Secretary and Process Agent
Apr 16, 2026
Bitfire Group Holdings Limited, incorporated in the British Virgin Islands and listed on the Hong Kong Stock Exchange, maintains a conventional Hong Kong-listed governance structure with a chairman, chief executive officer, executive directors, no...
Bitfire Group Grants New Share Awards to Key Employees Under Incentive Scheme
Apr 16, 2026
Bitfire Group Holdings has granted 660,000 share awards, representing about 0.09% of its issued share capital, to two employee participants under its share award scheme at no purchase price. The awards, to be settled through the issue of new share...
Bitfire Group Finalises Corporate Rebrand and Stock Short Name Change
Mar 27, 2026
Bitfire Group Holdings Limited, previously Sinohope Technology Holdings Limited, has formally completed its change of corporate name in both English and Chinese following shareholder approval at an extraordinary general meeting. The company’...
Sinohope Technology Announces Company Secretary Resignation and Governance Changes
Mar 6, 2026
Sinohope Technology Holdings Limited announced the resignation of company secretary and authorised representative Ms. Peng Sisi, effective 6 March 2026, citing personal work arrangements and confirming there is no disagreement with the board or is...
Sinohope Shareholders Approve Rebrand to Bitfire Group and Governance Changes
Feb 27, 2026
Shareholders of Sinohope Technology Holdings Limited have overwhelmingly approved a change of corporate name to Bitfire Group Holdings Limited, along with an updated dual Chinese name, at an extraordinary general meeting held in Hong Kong on 27 Fe...
Sinohope Wins Strong Shareholder Backing for All AGM Resolutions
Feb 27, 2026
Sinohope Technology Holdings reported that all ordinary resolutions put to shareholders at its 27 February 2026 annual general meeting were approved by poll, including the adoption of audited financial statements for the year ended 30 September 20...
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.