Newlink Technology Inc. (HK:9600)
:9600
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Newlink Technology Inc.
(9600)
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Rating:45Neutral
Price Target:
HK$0.20
▲(0.00% Upside)
Action:Reiterated
Date:04/30/26
The score is weighed down primarily by weakened financial performance—large recent losses, margin compression, and a 2025 return to negative operating cash flow/free cash flow. Technicals add further pressure with the stock trading below key moving averages and a negative MACD. A low-debt balance sheet provides some support, but valuation signals are limited due to negative earnings and no dividend data.
Positive Factors
Low leverage / conservative balance sheet
A low-leverage profile gives the company durable financial flexibility: it reduces near-term refinancing risk and preserves capacity to fund operations, R&D, or selective M&A from the balance sheet. This buffer matters over coming quarters if cash burn re-emerges or funding markets tighten.
Negative Factors
Sharply deteriorated profitability
A multi-year swing from positive earnings to sizable losses erodes capital and raises structural questions about unit economics. Persistent negative margins reduce the firm's ability to self-fund growth, weaken investor confidence, and require meaningful operational or pricing changes to restore durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative balance sheet
A low-leverage profile gives the company durable financial flexibility: it reduces near-term refinancing risk and preserves capacity to fund operations, R&D, or selective M&A from the balance sheet. This buffer matters over coming quarters if cash burn re-emerges or funding markets tighten.
Read all positive factors
Newlink Technology Inc. (9600) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$187.71M
Dividend YieldN/A
Average Volume (3M)514.87K
Price to Earnings (P/E)―
Beta (1Y)0.09
Revenue Growth10.88%
EPS Growth-88.91%
CountryHK
Employees622
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.20
Shares Outstanding1,003,817,260
10 Day Avg. Volume563,000
30 Day Avg. Volume514,866
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.31
Price to Sales (P/S)0.55
P/FCF Ratio-3.83
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
Newlink Technology Inc. Business Overview & Revenue Model
Company Description
Newlink Technology Inc., an investment holding company, provides big data analysis and artificial intelligence related solutions in the People's Republic of China. The company operates through three segments: Financial Institutions, Medical Instit...
Newlink Technology Inc. Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
66
Positive
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 308.73M | 278.82M | 245.50M | 260.55M | 205.75M |
| Gross Profit | 43.43M | 38.87M | 37.09M | 70.46M | 74.60M |
| EBITDA | -146.94M | -91.90M | -15.96M | 3.05M | 30.88M |
| Net Income | -187.94M | -92.46M | -69.16M | 17.49M | 13.05M |
Balance Sheet | |||||
| Total Assets | 748.60M | 882.82M | 947.68M | 991.20M | 873.34M |
| Cash, Cash Equivalents and Short-Term Investments | 299.81M | 376.40M | 330.46M | 414.25M | 524.26M |
| Total Debt | 40.77M | 32.54M | 37.38M | 35.01M | 10.55M |
| Total Liabilities | 206.57M | 143.38M | 158.78M | 108.59M | 34.07M |
| Stockholders Equity | 542.23M | 739.27M | 786.97M | 880.15M | 837.76M |
Cash Flow | |||||
| Free Cash Flow | -44.48M | -6.28M | -41.82M | 10.67M | -147.35M |
| Operating Cash Flow | -12.71M | 24.01M | 18.69M | 14.00M | -104.22M |
| Investing Cash Flow | -45.74M | -52.89M | -60.51M | -158.16M | -49.41M |
| Financing Cash Flow | 3.50M | 39.52M | -46.49M | 6.23M | 619.90M |
Newlink Technology Inc. Technical Analysis
Negative
0.20
Price Trends
0.21
Negative
0.22
Negative
0.23
Negative
Market Momentum
>-0.01
Negative
48.15
Neutral
32.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9600, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.21, and below the 200-day MA of 0.23, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.15 is Neutral, neither overbought nor oversold. The STOCH value of 32.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9600.
Newlink Technology Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | HK$5.32B | 4.97 | 6.30% | 3.47% | -5.00% | -79.97% | |
62 Neutral | HK$1.76B | 12.19 | 8.53% | ― | 14.29% | 142.01% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | HK$28.45B | 56.51 | 1.71% | ― | 12.11% | ― | |
47 Neutral | HK$166.29M | -0.34 | -13.22% | ― | -21.21% | -608.13% | |
45 Neutral | HK$187.71M | -0.35 | -30.66% | ― | 10.88% | -88.91% | |
42 Neutral | HK$5.82B | -8.17 | -66.11% | ― | 18.94% | 89.36% |
* Technology Sector Average
HK:9600
Newlink Technology Inc.
0.19
-0.07
-27.31%
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Newlink Technology Inc. Corporate Events
Newlink Technology Calls 2026 AGM and Seeks 20% Share Issuance Mandate
Apr 24, 2026
Newlink Technology Inc. has called its annual general meeting for 10 June 2026 in Beijing to review and approve the audited consolidated financial statements for the year ended 31 December 2025 and the related reports from its directors and extern...
Newlink Technology Plans Governance Update to Enable Hybrid and Virtual Shareholder Meetings
Mar 27, 2026
Newlink Technology Inc. has proposed amendments to its third amended and restated memorandum and articles of association to modernise its corporate governance framework. The changes would allow general meetings to be held physically, as hybrid ses...
Newlink Technology Widens Losses in 2025 Despite Revenue Growth
Mar 27, 2026
Newlink Technology Inc. reported revenue of RMB308.7 million for the year ended 31 December 2025, up from RMB278.8 million a year earlier, with gross profit rising to RMB43.4 million. Despite the top-line growth, the company remains lossmaking, as...
Newlink Technology Sets March 2026 Board Meeting on 2025 Results and Dividend
Mar 17, 2026
Newlink Technology Inc. has scheduled a board meeting for 27 March 2026 to review and approve the annual results for the year ended 31 December 2025, along with their planned publication. The board will also consider whether to recommend a final d...
Newlink Technology Flags Wider 2025 Loss on Credit Impairments and Investment Valuation Hits
Mar 12, 2026
Newlink Technology Inc. has warned shareholders that it expects to post a significantly larger loss attributable to owners of at least RMB150 million for the year ended 31 December 2025, compared with a loss of RMB92.5 million a year earlier. The ...
Newlink Technology Raises HK$17.9 Million Through Share Placement for Working Capital
Feb 11, 2026
Newlink Technology Inc. has completed a share placement under its general mandate, issuing 60 million new shares at HK$0.30 each on 11 February 2026, representing about 5.98% of its enlarged share capital. The new shares were placed with an indepe...
Newlink Technology Plans Premium-Priced Share Placement to Raise Working Capital
Feb 4, 2026
Newlink Technology Inc. has entered into a placing agreement to issue up to 60 million new shares under its general mandate at HK$0.30 per share through Dongxing Securities (Hong Kong) Company Limited, representing about 6.36% of its existing issu...
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.