New Huo Technology Holdings Limited (1611) AI Stock Analysis

• Market Cap: HK$1.15B
• Dividend Yield: N/A
• Average Volume (3M): 3.54M
• Price to Earnings (P/E): 14.2
• Beta (1Y): 0.41
• Revenue Growth: 344.37%
• EPS Growth: -288.45%
• Country: HK
• Employees: 81
• Sector: Technology
• Sector Strength: 81
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.03
• Shares Outstanding: 585,462,460
• 10 Day Avg. Volume: 3,154,850
• 30 Day Avg. Volume: 3,536,512
• PEG Ratio: 0.02
• Price to Book (P/B): 8.61
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.47
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: HK$2.00 ▲(2.56%Upside)

The overall stock score of 52 reflects challenges in financial performance, notably in revenue volatility and cash flow management. Technical analysis indicates positive momentum, but the valuation based on a negative P/E ratio highlights financial struggles. Improving operational efficiency and profitability are crucial for enhancing the stock's prospects.

New Huo Technology Holdings Limited Business Overview & Revenue Model

Company Description

Huobi Technology Holdings Limited, an investment holding company, manufactures and sells power-related and electrical/electronic products. It offers electronic power supplies; battery chargers; coils; solenoids; and optical products, including LED lamps, as well as engineering, logistics, and sales support services. The company also provides data center-related services, such as data storage and backup; data center operation and maintenance; and cloud-related services comprising cloud migration, environment construction, and introduction support services for Amazon Web Service and other cloud services. In addition, it offers network infrastructure and software development, hardware operations platform development, post-sale maintenance, customer support, programming, and other related customized services; and after-sales support, management, management consultancy, and asset management services. Further, the company provides trust and custodian, brokerage for institutions and high-net-worth clients, crypto-backed lending solutions, network technical support, technical consultancy, and information technical services. It operates in the People's Republic of China, the United Kingdom, the United States, Japan, Europe, and internationally. The company was formerly known as Pantronics Holdings Limited and changed its name to Huobi Technology Holdings Limited in October 2019. Huobi Technology Holdings Limited was founded in 1983 and is headquartered in Central, Hong Kong.

How the Company Makes Money

New Huo Technology Holdings Limited generates revenue through multiple streams, primarily centered around its digital asset services. The company earns money from transaction fees charged on its digital asset trading platforms, which facilitate buying and selling of various cryptocurrencies. Additionally, it offers asset management services, where it manages digital asset portfolios for clients, earning management fees and performance-based incentives. The company also provides blockchain technology solutions and consultancy services, generating income by helping businesses integrate blockchain into their operations. Strategic partnerships with financial institutions and technology firms further bolster its revenue through collaborative projects and shared ventures.

New Huo Technology Holdings Limited Financial Statement Overview

Summary

New Huo Technology Holdings Limited faces challenges with revenue volatility and profitability inconsistencies. Although the balance sheet has shown improvements in terms of leverage, cash flow remains a critical concern. Stabilizing revenue and improving operational efficiency are essential for future financial health.

Income Statement

The company has experienced significant volatility in its revenue and profitability over recent years. Revenue has seen a dramatic decline from 2022 to 2024, severely impacting the gross and net profit margins. The EBIT and EBITDA margins have also been inconsistent, with EBIT being zero in the latest year. Although there was a net income in 2024, this comes after substantial losses in previous years, indicating instability in profitability.

Balance Sheet

The balance sheet shows a strengthening position with decreasing debt levels and increasing stockholders' equity from 2023 to 2024. The debt-to-equity ratio has improved significantly, indicating reduced leverage. However, the equity ratio shows room for improvement, and the return on equity has been inconsistent, reflecting fluctuations in earnings.

Cash Flow

Cash flow from operations has been negative for most of the reviewed period, indicating operational challenges. Although there is a reduction in free cash flow outflow from 2023 to 2024, the company struggles to generate positive cash flow overall. The ratios of operating and free cash flow to net income indicate inefficiencies and highlight cash management issues.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
1.57B	2.83B	9.45B	610.71M	276.56M
	Gross Profit
44.22M	10.39M	184.69M	302.63M	77.86M
	EBIT
-61.97M	-176.11M	-190.98M	173.26M	-15.68M
	EBITDA
62.19M	-251.21M	-129.99M	197.12M	12.29M
	Net Income Common Stockholders
54.32M	-287.37M	-206.50M	141.48M	-32.58M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
196.85M	336.71M	620.05M	555.49M	403.68M
	Total Assets
461.07M	748.64M	1.07B	878.13M	605.63M
	Total Debt
4.87M	467.20M	590.20M	349.47M	358.70M
	Net Debt
-57.42M	147.04M	267.57M	-202.70M	-44.98M
	Total Liabilities
179.16M	534.87M	921.31M	599.52M	476.10M
	Stockholders Equity
281.91M	206.35M	134.93M	278.61M	129.53M
Cash Flow		Free Cash Flow
-10.76M	-263.08M	-335.04M	166.87M	27.11M
	Operating Cash Flow
-10.73M	-245.19M	-314.84M	181.61M	29.80M
	Investing Cash Flow
-21.92M	11.48M	-133.92M	9.51M	311.00K
	Financing Cash Flow
-223.77M	302.06M	232.85M	-45.15M	-101.05M

New Huo Technology Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1611, the sentiment is Positive. The current price of 1.95 is above the 20-day moving average (MA) of 1.92, above the 50-day MA of 1.72, and above the 200-day MA of 1.88, indicating a bullish trend. The MACD of 0.07 indicates Positive momentum. The RSI at 54.44 is Neutral, neither overbought nor oversold. The STOCH value of 50.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1611.

New Huo Technology Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0259	68 Neutral	HK$1.80B	11.96	6.31%	2.58%	-14.15%	-63.50%
Sector *	62 Neutral	$11.89B	9.95	-7.22%	4.98%	7.31%	-8.91%
0580	59 Neutral	HK$1.92B	17.17	5.45%	―	50.17%	234.78%
0040	53 Neutral	HK$541.49M	―	-25.77%	10.00%	3.64%	-1468.75%
1611	52 Neutral	HK$1.15B	14.24	-19.51%	―	344.37%	-288.45%
8375	51 Neutral	HK$1.44B	―	-7.49%	―	-3.22%	55.08%
0031	49 Neutral	HK$1.23B	―	-0.73%	―	11.32%	-1430.77%

New Huo Technology Holdings Limited Corporate Events

Sinohope Technology Completes Major Acquisitions

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 Reports Revenue Surge Amidst Profitability Challenges

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.

Sinohope Technology Issues Profit Warning Amid Cryptocurrency Service Suspension

Sinohope Technology Holdings Limited has issued a profit warning for the six months ending March 31, 2025, indicating an expected net loss of at least HK$10 million. This downturn is primarily due to a significant decrease in revenue from the suspension of cryptocurrency mining services and reduced fair value gains on cryptocurrencies, alongside the absence of a one-off reversal of impairment provision from the previous year.

Sinohope Technology Schedules Board Meeting to Review Interim Results

Sinohope Technology Holdings Limited has announced a board meeting scheduled for May 26, 2025, to review and approve the interim results for the six months ending March 31, 2025. The meeting will also consider the declaration of an interim dividend, which could impact the company’s financial outlook and shareholder returns.

Sinohope Technology Grants 8 Million Share Options to Boost Talent Retention

Sinohope Technology Holdings Limited, a company incorporated in the British Virgin Islands, has announced the grant of 8,020,000 share options to eligible participants under its share option scheme. This move, effective from April 22, 2025, allows grantees to subscribe to ordinary shares at an exercise price of HK$1.6 per share, with the options being exercisable over a ten-year period. The vesting schedule is structured so that 80% of the options become exercisable after one year, and the remaining 20% after two years. This grant is part of the company’s strategy to incentivize and retain talent, potentially impacting its operational dynamics and stakeholder interests.

Sinohope Technology Approves Key Resolutions at EGM

Sinohope Technology Holdings Limited held an Extraordinary General Meeting (EGM) on March 31, 2025, where all proposed resolutions were unanimously approved by shareholders. These resolutions included the ratification of agreements related to the issuance of shares under specific mandates and the refreshment of the share option scheme limit, indicating strong shareholder support for the company’s strategic initiatives.