Chenqi Technology Ltd. (HK:9680)
:9680
Want to see HK:9680 full AI Analyst Report?
Top Page
Chenqi Technology Ltd.
(9680)
Select Model
Select Model
Rating:40Underperform
Price Target:
HK$8.00
▼(-15.70% Downside)
Action:ReiteratedDate:01/14/26
The score is primarily held back by weak financial performance—persistent losses and negative operating/free cash flow—despite improving equity position and revenue growth. Technical signals are mixed-to-neutral with a negative MACD and price below longer-term averages, and valuation is constrained by negative earnings and no stated dividend yield.
Positive Factors
Revenue Growth
Sustained revenue growth indicates expanding market traction and demand for core rental services. Over a 2–6 month horizon, continued top-line expansion can enable operating leverage and provide management room to prioritize profitability initiatives, reducing structural risk if costs are controlled.
Negative Factors
Persistent Negative Margins
Ongoing negative gross and operating margins indicate the core business is not yet profitable and faces structural cost or pricing issues. Over months this erodes cash and returns, requiring fundamental changes to the business model or cost base to achieve durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained revenue growth indicates expanding market traction and demand for core rental services. Over a 2–6 month horizon, continued top-line expansion can enable operating leverage and provide management room to prioritize profitability initiatives, reducing structural risk if costs are controlled.
Read all positive factors
Chenqi Technology Ltd. (9680) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.62B
Dividend YieldN/A
Average Volume (3M)104.95K
Price to Earnings (P/E)―
Beta (1Y)0.85
Revenue Growth115.37%
EPS Growth69.70%
CountryHK
Employees465
SectorTechnology
Sector Strength88
IndustryRental & Leasing Services
Share Statistics
EPS (TTM)-0.90
Shares Outstanding204,113,850
10 Day Avg. Volume40,220
30 Day Avg. Volume104,950
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)1.70
Price to Sales (P/S)0.77
P/FCF Ratio-3.51
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
Chenqi Technology Ltd. Business Overview & Revenue Model
Company Description
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 Servic...
How the Company Makes Money
Chenqi Technology Ltd. generates revenue through multiple streams, primarily from subscription-based services, licensing fees for its software products, and consulting engagements. The company offers tiered subscription plans for its cloud service...
Chenqi Technology Ltd. Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
40
Negative
Cash Flow
30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.10B | 2.46B | 2.16B | 1.37B | 1.01B |
| Gross Profit | 34.48M | -35.40M | -150.44M | -145.91M | -245.12M |
| EBITDA | -328.21M | -464.78M | -654.98M | -601.38M | -668.91M |
| Net Income | -357.46M | -564.18M | -692.79M | -626.78M | -684.63M |
Balance Sheet | |||||
| Total Assets | 1.24B | 1.38B | 923.04M | 767.54M | 188.48M |
| Cash, Cash Equivalents and Short-Term Investments | 374.55M | 1.02B | 619.75M | 557.84M | 90.31M |
| Total Debt | 22.28M | 38.88M | 68.96M | 57.78M | 35.67M |
| Total Liabilities | 263.85M | 272.34M | 2.35B | 1.52B | 340.22M |
| Stockholders Equity | 972.41M | 1.11B | -1.43B | -749.64M | -151.74M |
Cash Flow | |||||
| Free Cash Flow | -330.54M | -537.18M | -624.81M | -715.69M | -463.99M |
| Operating Cash Flow | -329.87M | -529.88M | -583.13M | -665.82M | -442.98M |
| Investing Cash Flow | 14.07M | 13.14M | -27.19M | -37.61M | -10.16M |
| Financing Cash Flow | 0.00 | 906.96M | 673.01M | 1.16B | 4.53M |
Chenqi Technology Ltd. Technical Analysis
Negative
9.49
Price Trends
8.73
Negative
9.06
Negative
9.98
Negative
Market Momentum
-0.13
Positive
36.69
Neutral
39.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9680, the sentiment is Negative. The current price of 9.49 is above the 20-day moving average (MA) of 8.70, above the 50-day MA of 8.73, and below the 200-day MA of 9.98, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 36.69 is Neutral, neither overbought nor oversold. The STOCH value of 39.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9680.
Chenqi Technology Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$152.06M | 7.09 | 5.39% | 6.20% | -13.83% | 14.96% | |
67 Neutral | HK$132.80M | 6.03 | 8.53% | ― | -12.78% | -20.50% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | HK$35.72M | 2.61 | -23.94% | ― | 23.95% | -12.01% | |
48 Neutral | HK$2.88B | 21.04 | 1.34% | 8.56% | -19.12% | -83.30% | |
45 Neutral | HK$233.00M | -15.32 | -15.06% | ― | -42.20% | 66.04% | |
40 Underperform | HK$1.62B | -5.70 | -32.63% | ― | 115.37% | 69.70% |
* Technology Sector Average
HK:9680
Chenqi Technology Ltd.
7.92
-1.26
-13.73%
HK:1341
Hao Tian International Construction Investment Group Limited
0.02
-0.46
-95.63%
HK:1496
AP Rentals Holdings Ltd.
0.18
0.07
60.00%
HK:1581
Progressive Path Group Holdings Ltd.
0.32
0.20
171.19%
HK:8425
Hing Ming Holdings Ltd
0.10
0.04
61.02%
HK:9930
Horizon Construction Development Limited
0.90
-0.18
-16.67%
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.