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Chenqi Technology Ltd. (HK:9680)
:9680
Hong Kong Market
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Chenqi Technology Ltd. (9680) Price & Analysis

1 Followers

9680 Stock Chart & Stats

HK$9.49
-HK$0.08(-0.63%)
At close: 4:00 PM EST
HK$9.49
-HK$0.08(-0.63%)

Bulls Say, Bears Say

Bulls Say
Revenue Growth & Margin TurnaroundA 66% revenue jump with gross margin moving to ~12% signals improving product-market fit and better unit economics. These trends indicate durable demand recovery and operating leverage that can support further margin expansion if sustained across the next several quarters.
Low Financial LeverageVery low debt-to-equity (~0.02) reduces interest expense risk and preserves balance sheet optionality. This conservative leverage profile gives management capacity to fund growth or weather cash burn without immediate refinancing pressure, a durable source of financial flexibility.
Operational ImprovementMaterial narrowing of net losses alongside revenue and margin improvement points to meaningful operational progress. If management sustains cost discipline and scales revenue, these structural improvements improve the odds of reaching sustainable profitability over several quarters.
Bears Say
Persistent Cash BurnConsistent negative operating and free cash flow (about -216M and -241M in 2025) creates ongoing funding needs and heightens liquidity risk. Reliance on external financing or equity raises could dilute shareholders and constrain long-term investment if cash generation doesn't turn positive.
Ongoing UnprofitabilityDespite margin improvement, operating and net margins remain negative, indicating the business has not achieved sustainable earnings power. Persistent losses reduce retained capital for reinvestment and mean profitability is contingent on continued execution and margin expansion.
Equity Volatility & Weak ROEHistoric negative equity and continued negative ROE through 2024–2025 signal past capital erosion and that recent balance sheet repair hasn't produced shareholder returns. This volatility raises the risk of future dilution or governance challenges if profitability and ROE don't recover.

Chenqi Technology Ltd. News

9680 FAQ

What was Chenqi Technology Ltd.’s price range in the past 12 months?
Chenqi Technology Ltd. lowest stock price was HK$7.58 and its highest was HK$16.80 in the past 12 months.
    What is Chenqi Technology Ltd.’s market cap?
    Chenqi Technology Ltd.’s market cap is HK$1.62B.
      When is Chenqi Technology Ltd.’s upcoming earnings report date?
      Chenqi Technology Ltd.’s upcoming earnings report date is Sep 02, 2026 which is in 101 days.
        How were Chenqi Technology Ltd.’s earnings last quarter?
        Chenqi Technology Ltd. released its earnings results on Mar 31, 2026. The company reported -HK$0.902 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.902.
          Is Chenqi Technology Ltd. overvalued?
          According to Wall Street analysts Chenqi Technology Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Chenqi Technology Ltd. pay dividends?
            Chenqi Technology Ltd. does not currently pay dividends.
            What is Chenqi Technology Ltd.’s EPS estimate?
            Chenqi Technology Ltd.’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Chenqi Technology Ltd. have?
            Chenqi Technology Ltd. has 204,113,850 shares outstanding.
              What happened to Chenqi Technology Ltd.’s price movement after its last earnings report?
              Chenqi Technology Ltd. reported an EPS of -HK$0.902 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.435%.
                Which hedge fund is a major shareholder of Chenqi Technology Ltd.?
                Currently, no hedge funds are holding shares in HK:9680
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Chenqi Technology Ltd. Stock Smart Score

                  4
                  Neutral
                  1
                  2
                  3
                  4
                  5
                  6
                  7
                  8
                  9
                  10

                  Technicals

                  SMA
                  Positive
                  20 days / 200 days
                  Momentum
                  -42.63%
                  12-Months-Change

                  Fundamentals

                  Return on Equity
                  -32.63%
                  Trailing 12-Months
                  Asset Growth
                  -13.36%
                  Trailing 12-Months

                  Company Description

                  Chenqi Technology Ltd.

                  Chenqi Technology Limited operates as a mobility technology and service company in China. It operates through three segments: Mobility Services Business, Technology Services Business, and Fleet Management and Services Business. The Mobility Services Business segment provides ride-hailing, Robotaxi, hitch, and other related services. The Technology Services Business offers AI data and model solutions, including data collection, data annotation, data management, and model training; high-definition map solutions; and smart transportation solutions. The Fleet Management and Services Business provides repair and maintenance, and other related services, such as cash wash and EV charging; and sells vehicles. It serves corporate customers, automobile OEMs, vehicle service providers, riders, drivers, and autonomous driving solution providers. The company was incorporated in 2019 and is headquartered in Guangzhou, China.

                  Chenqi Technology Ltd. (9680) Earnings & Revenues

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