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Linklogis Inc. Class B (HK:9959)
:9959
Hong Kong Market

Linklogis Inc. Class B (9959) AI Stock Analysis

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HK

Linklogis Inc. Class B

(9959)

Rating:55Neutral
Price Target:
HK$2.00
▲(11.11%Upside)
Linklogis Inc. is characterized by strong technical momentum, but this is overshadowed by significant financial challenges, including persistent losses and negative cash flows. The stock's negative valuation metrics also weigh on its attractiveness. Investors should be cautious given the mixed signals, with technical indicators suggesting short-term strength, but financial fundamentals indicating deeper challenges.

Linklogis Inc. Class B (9959) vs. iShares MSCI Hong Kong ETF (EWH)

Linklogis Inc. Class B Business Overview & Revenue Model

Company DescriptionLinklogis Inc. Class B (9959) is a leading technology-driven supply chain finance solutions provider based in China. The company operates primarily in the financial technology sector, offering innovative solutions that enhance the efficiency of supply chains and improve the accessibility of financing for small and medium-sized enterprises (SMEs). Linklogis leverages advanced technologies such as big data, artificial intelligence, and blockchain to deliver its core products and services, including supply chain finance, cloud-native digital solutions, and risk management systems.
How the Company Makes MoneyLinklogis Inc. generates revenue primarily through service fees from its supply chain finance solutions. The company facilitates financing transactions between large enterprises and their SME suppliers, earning fees for its intermediary services. Linklogis also provides digital supply chain solutions that attract subscription and service fees. Additionally, the company offers risk management and data analytics services, further diversifying its revenue streams. Strategic partnerships with financial institutions enable Linklogis to expand its reach and enhance its service offerings, contributing significantly to its earnings.

Linklogis Inc. Class B Financial Statement Overview

Summary
Linklogis Inc. shows mixed financial performance. Positive revenue growth and strong gross profit margins are overshadowed by persistent losses and negative cash flows, posing significant operational and liquidity challenges. The balance sheet is strong with a high equity ratio, though profitability remains a concern.
Income Statement
45
Neutral
Linklogis Inc. has experienced inconsistent revenue growth, with a 18.8% increase in 2024 following a 6.1% decline in 2023. The gross profit margin is strong at 69.5% in 2024, but net income has been negative in recent years, with a significant drop to -835 million in 2024. The EBIT and EBITDA margins are also negative, indicating operational challenges.
Balance Sheet
60
Neutral
The balance sheet reflects a strong equity position, with an equity ratio of 91.2% in 2024. Despite a low debt-to-equity ratio of 0.01, indicating low leverage, the company has struggled with profitability, reflected in a negative ROE. The high equity ratio suggests a stable financial base.
Cash Flow
30
Negative
Cash flow analysis shows a concerning trend with negative free cash flow in 2024 and operating cash flow dropping to zero. The company also had a negative free cash flow growth rate from 2023 to 2024, reflecting liquidity challenges.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
1.03B867.76M924.20M1.20B1.03B
Gross Profit
717.27M526.51M774.53M927.25M630.38M
EBIT
-669.69M-340.58M109.11M297.83M334.18M
EBITDA
-468.21M-281.10M153.29M-12.70B-491.36M
Net Income Common Stockholders
-835.38M-441.24M-21.86M-12.99B-715.48M
Balance SheetCash, Cash Equivalents and Short-Term Investments
5.27B6.14B8.87B9.53B2.39B
Total Assets
8.59B9.73B11.92B11.81B6.14B
Total Debt
115.86M124.42M59.45M1.26B2.76B
Net Debt
-4.78B-4.59B-5.67B-3.67B2.17B
Total Liabilities
760.31M617.73M1.97B2.09B9.46B
Stockholders Equity
7.83B9.12B9.96B9.71B-3.33B
Cash FlowFree Cash Flow
590.63M-458.52M1.69B-888.43M-2.18B
Operating Cash Flow
711.32M-324.18M1.86B-731.24M-2.10B
Investing Cash Flow
-12.36M-155.18M-274.58M-312.66M-111.29M
Financing Cash Flow
-486.20M-535.87M-774.28M5.34B2.40B

Linklogis Inc. Class B Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.80
Price Trends
50DMA
1.32
Positive
100DMA
1.46
Positive
200DMA
1.52
Positive
Market Momentum
MACD
0.18
Negative
RSI
58.26
Neutral
STOCH
33.31
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9959, the sentiment is Positive. The current price of 1.8 is above the 20-day moving average (MA) of 1.62, above the 50-day MA of 1.32, and above the 200-day MA of 1.52, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 58.26 is Neutral, neither overbought nor oversold. The STOCH value of 33.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9959.

Linklogis Inc. Class B Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
HK$6.55B13.635.87%7.33%-23.12%
63
Neutral
HK$5.91B59.503.07%-23.46%358.07%
62
Neutral
$11.91B9.99-7.22%4.96%7.31%-8.91%
61
Neutral
HK$1.33B8.362.20%-13.19%-66.35%
55
Neutral
HK$3.96B-9.86%16.81%-87.15%
49
Neutral
HK$14.90B
37
Underperform
HK$3.23B-33.18%-31.66%-1.34%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:9959
Linklogis Inc. Class B
1.80
-0.15
-7.69%
HK:0818
Hi Sun Technology (China) Limited
0.48
0.06
14.29%
HK:2121
Qingdao AInnovation Technology Group Co. Ltd Class H
5.55
0.45
8.82%
HK:9923
Yeahka Limited
13.00
2.68
25.97%
HK:6608
Bairong, Inc. Class B
8.20
-0.86
-9.49%
HK:2598
Lianlian DigiTech Co., Ltd. Class H
9.44
-0.04
-0.42%

Linklogis Inc. Class B Corporate Events

Linklogis Inc. Reports Successful AGM with Key Resolutions Passed
Jun 17, 2025

Linklogis Inc., a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, announced the successful passing of all resolutions at its Annual General Meeting held on June 17, 2025. The resolutions included the approval of the company’s audited financial statements for the year ended December 31, 2024, the declaration of a final special dividend of HKD0.03 per share, and the re-election of Mr. Ji Kun and Ms. Chau Ka King as executive directors. The results reflect strong shareholder support, with nearly unanimous votes in favor of the resolutions, indicating confidence in the company’s leadership and strategic direction.

Linklogis Inc. Focuses on Strategic Realignment Amid Market Challenges
Apr 25, 2025

Linklogis Inc. reported a challenging start to 2025 due to headwinds in the supply chain asset-backed securities market, impacting their AMS Cloud and ABS Cloud businesses. Despite this, the company made significant progress in product innovation and strategic realignment, including the divestiture of its SME Credit Tech Solutions. This strategic move allows Linklogis to focus resources on high-growth areas like cross-border supply chain finance. The company also advanced AI applications and expanded its global presence, particularly in India, the UK, and the US, resulting in a 25% increase in transaction volume. While overall transaction volume growth moderated to 7% year-on-year, Linklogis remains optimistic about recovery, driven by AI commercialization, global expansion, and strategic M&A.

Linklogis Inc. Announces Key Resolutions for Upcoming AGM
Apr 24, 2025

Linklogis Inc. has announced its upcoming annual general meeting scheduled for June 17, 2025, where shareholders will consider several key resolutions. These include approving the company’s audited financial statements for 2024, declaring a special dividend, re-electing directors, and re-appointing KPMG as auditors. The meeting will also address the authorization for directors to issue and deal with Class B ordinary shares, subject to certain conditions. These resolutions aim to strengthen the company’s governance and financial strategies, potentially impacting its market positioning and stakeholder relations.

Linklogis Inc. Reports 2024 Financial Results with Revenue Growth Amid Rising Losses
Mar 25, 2025

Linklogis Inc. announced its audited consolidated results for the year ended December 31, 2024, reporting a revenue increase of 18.8% from the previous year, driven by strong growth in both its Supply Chain Finance Technology Solutions and Emerging Solutions. Despite the revenue growth, the company faced a significant increase in losses attributable to equity shareholders, with an 89.3% rise compared to 2023. The company also reported a notable increase in its customer base, with a 44.9% rise in total partners, highlighting its expanding market presence and customer retention improvements.

Linklogis Inc. Declares Final Special Dividend for 2024
Mar 25, 2025

Linklogis Inc. has announced a final special dividend of HKD 0.03 per share for the financial year ending December 31, 2024, with payment scheduled for July 17, 2025. This announcement reflects the company’s financial health and commitment to returning value to shareholders, potentially strengthening its market position and investor confidence.

Linklogis Inc. Proposes Governance Amendments and Committee Changes
Mar 25, 2025

Linklogis Inc., a company incorporated in the Cayman Islands, has announced proposed amendments to its existing memorandum and articles of association to align with the latest changes in the Listing Rules and applicable laws. These amendments, which include provisions for electronic dissemination of corporate communications and updates to the corporate governance code, are subject to shareholder approval at the upcoming annual general meeting. Additionally, the company has made changes to its Nomination Committee, appointing Ms. Chau Ka King and ensuring gender diversity, as Mr. Song Qun steps down.

Linklogis Inc. Announces Board Composition and Committee Roles
Mar 25, 2025

Linklogis Inc. has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The board also oversees four committees: Audit, Remuneration, Nomination, and Corporate Governance, with specific directors assigned as members or chairpersons. This announcement reflects the company’s commitment to robust corporate governance and strategic oversight, potentially impacting its operational efficiency and stakeholder confidence.

Linklogis Inc. Updates Nomination Committee Terms
Mar 25, 2025

Linklogis Inc. has adopted new terms of reference for its Nomination Committee as of March 25, 2025. This move is part of the company’s ongoing efforts to enhance governance and ensure effective oversight of its board composition and leadership appointments, which could impact its strategic direction and stakeholder confidence.

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.