Huitongda Network Co., Ltd. Class H (9878) AI Stock Analysis

• Market Cap: HK$4.30B
• Dividend Yield: N/A
• Average Volume (3M): 318.48K
• Price to Earnings (P/E): 12.9
• Beta (1Y): 0.69
• Revenue Growth: -28.46%
• EPS Growth: -13.25%
• Country: HK
• Employees: 3,845
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.32
• Shares Outstanding: 180,266,340
• 10 Day Avg. Volume: 151,750
• 30 Day Avg. Volume: 318,483
• PEG Ratio: -0.95
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 39.99
• 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
• EPS Forecast (FY): 0.82
• Revenue Forecast (FY): HK$69.61B

• Rating: 64 Neutral
• Price Target: HK$12.00 ▼(-23.32% Downside)
• Action: Reiterated Date: 01/24/26
• Date: Action: Reiterated 01/24/26

The score is primarily driven by stable fundamentals with low debt and improving free cash flow, but held back by declining revenue and very low profitability. Technicals add moderate support from short-term strength, though the longer-term trend remains weak, and valuation is only average given a P/E around 20 with no dividend support.

Positive Factors

Low leverage / strong balance sheet

A low debt-to-equity ratio (0.20) provides durable financial flexibility, lowering refinancing and interest risk. This enables sustained investment in logistics, digital tools and merchant acquisition in lower-tier markets and gives resilience through economic cycles.

Negative Factors

Declining revenue trend

A multi-period revenue decline undermines the platform’s scale economics and weakens bargaining power with suppliers. If sustained, it can erode take-rates, reduce supplier and retailer engagement, and limit the company’s ability to leverage fixed-cost investments across a growing base.

Huitongda Network Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Huitongda Network Co., Ltd. provides commerce and service platform that serves business customers in retail market. The company's commerce business segment procures products, including household appliances, consumer electronics, agricultural means...

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Huitongda Network Co., Ltd. provides commerce and service platform that serves business customers in retail market. The company's commerce business segment procures products, including household appliances, consumer electronics, agricultural means...

How the Company Makes Money

Huitongda generates revenue through multiple streams, primarily by charging transaction fees on sales made through its platform. The company also earns money from subscription fees paid by businesses that utilize its advanced services, such as inv...

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Huitongda generates revenue through multiple streams, primarily by charging transaction fees on sales made through its platform. The company also earns money from subscription fees paid by businesses that utilize its advanced services, such as inv...

Huitongda Network Co., Ltd. Class H Financial Statement Overview

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.55B	60.06B	82.43B	82.11B	65.76B	49.63B
Gross Profit	2.30B	2.31B	2.74B	2.59B	1.87B	1.34B
EBITDA	622.77M	578.47M	1.13B	536.79M	524.36M	586.31M
Net Income	283.26M	269.74M	448.27M	316.38M	-349.88M	-405.29M
Balance Sheet
Total Assets	31.05B	28.49B	29.11B	29.39B	25.60B	21.70B
Cash, Cash Equivalents and Short-Term Investments	7.94B	7.07B	7.03B	8.26B	5.67B	5.55B
Total Debt	1.57B	1.40B	701.80M	816.64M	254.31M	389.42M
Total Liabilities	21.21B	18.88B	19.62B	19.78B	27.32B	23.74B
Stockholders Equity	7.94B	7.79B	7.77B	8.10B	-3.08B	-3.30B
Cash Flow
Free Cash Flow	438.85M	247.40M	437.85M	218.42M	1.34B	444.69M
Operating Cash Flow	438.85M	275.28M	470.81M	273.36M	1.37B	472.26M
Investing Cash Flow	858.62M	-880.08M	942.85M	-1.04B	-2.29B	2.14B
Financing Cash Flow	-809.77M	-363.00M	-1.75B	1.82B	-686.14M	537.62M

Huitongda Network Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9878, the sentiment is Negative. The current price of 15.65 is above the 20-day moving average (MA) of 7.43, above the 50-day MA of 8.78, and above the 200-day MA of 12.33, indicating a neutral trend. The MACD of -0.25 indicates Negative momentum. The RSI at 46.19 is Neutral, neither overbought nor oversold. The STOCH value of 69.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9878.

Huitongda Network Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9878	64 Neutral	HK$4.30B	12.92	3.60%	―	-28.46%	-13.25%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
0863	61 Neutral	HK$12.00B	-58.99	4.01%	―	115.40%	―
3738	59 Neutral	HK$9.02B	49.57	8.20%	―	22.86%	5105.88%
1675	52 Neutral	HK$5.46B	55.03	6.30%	3.47%	-17.90%	56.67%
0909	43 Neutral	HK$3.98B	180.54	-1.31%	3.10%	-17.48%	83.80%
6610	42 Neutral	HK$113.44M	-0.34	-13.22%	―	-15.20%	-206.59%

Huitongda Network Co., Ltd. Class H Corporate Events