Linklogis Inc. Class B (9959) AI Stock Analysis

• Market Cap: HK$6.17B
• Dividend Yield: N/A
• Average Volume (3M): 12.80M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.97
• Revenue Growth: 11.43%
• EPS Growth: -94.89%
• Country: HK
• Employees: 726
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): -0.21
• Shares Outstanding: 1,886,295,200
• 10 Day Avg. Volume: 10,969,701
• 30 Day Avg. Volume: 12,798,815
• PEG Ratio: -0.04
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 3.18
• P/FCF Ratio: 5.55
• 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: HK$3.15
• Price Target Upside: 9.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 53 Neutral
• Price Target: HK$3.50 ▲(21.11% Upside)

Linklogis Inc. has a moderate overall stock score of 53, primarily influenced by its strong technical momentum, which is offset by poor financial performance and valuation metrics. The stock's technical indicators suggest bullish momentum, but financial instability and negative valuation metrics highlight significant risks. Investors should be cautious and consider the company's ability to improve its financial health before investing.

Linklogis Inc. Class B Business Overview & Revenue Model

Company Description

Linklogis Inc., an investment holding company, provides technology solutions for supply chain finance in Mainland China. The company offers Anchor Cloud, a solution that enables anchor enterprises to achieve digital transformation for supply chain management and optimize payment cycle for parties along the supply chain; and FI Cloud, a solution to help for financial institutions to digitalize, automate, and streamline their supply chain financing services. It also provides Cross-border Cloud solutions that offers digital cross-border supply chain financing services and cross-border trade digitalization services; and SME Credit Tech Solution, a suite of data-driven risk analytics solutions, which help financial institutions to provide financing for anchor enterprises' SME suppliers and distributors. The company was founded in 2016 and is headquartered in Shenzhen, the People's Republic of China.

How the Company Makes Money

Linklogis Inc. generates revenue through its comprehensive suite of supply chain finance solutions, which include both transaction-based and subscription-based services. The company earns fees from facilitating financial transactions between suppliers and buyers within the supply chain, utilizing its proprietary technology platform to optimize these processes. Additionally, Linklogis provides value-added services such as risk management and data analytics, which are typically offered on a subscription basis. The firm has established strategic partnerships with financial institutions to broaden its service offerings and enhance its platform capabilities, contributing significantly to its revenue streams.

Linklogis Inc. Class B Financial Statement Overview

Summary

Linklogis Inc. faces significant financial challenges, with declining revenues and substantial operational losses impacting profitability. The balance sheet remains strong with low leverage, but negative returns on equity highlight profitability issues. Cash flow shows some positive trends, yet overall financial health requires strategic focus on improving revenue growth and operational efficiency to enhance shareholder value.

Income Statement

Linklogis Inc. has experienced declining revenue with a negative growth rate of -1.91% TTM, indicating challenges in maintaining sales momentum. The company also shows negative profitability metrics, with a net profit margin of -81.01% and EBIT margin of -46.74% TTM, reflecting significant operational losses. Despite a historically high gross profit margin, the overall income statement suggests financial instability and a need for strategic improvements.

Balance Sheet

The balance sheet of Linklogis Inc. shows a strong equity position with a low debt-to-equity ratio of 0.0148 TTM, indicating minimal leverage and financial risk. However, the return on equity is negative at -12.79% TTM, highlighting inefficiencies in generating returns for shareholders. The equity ratio is healthy, suggesting a stable asset base, but the negative ROE points to challenges in profitability.

Cash Flow

Linklogis Inc. has shown positive free cash flow growth of 7.04% TTM, indicating some improvement in cash generation. However, the operating cash flow to net income ratio of 0.22 TTM suggests limited cash flow relative to net losses. The free cash flow to net income ratio of 0.60 TTM reflects some ability to generate cash despite negative earnings, but overall cash flow performance remains mixed.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	992.57M	1.03B	867.76M	924.20M	1.20B	1.03B
Gross Profit	634.25M	717.27M	526.51M	774.53M	927.25M	630.38M
EBITDA	-627.35M	-468.21M	-281.10M	153.29M	-12.70B	349.47M
Net Income	-974.31M	-835.38M	-441.24M	-13.46M	-12.99B	-717.06M
Balance Sheet
Total Assets	8.43B	8.59B	9.73B	11.92B	11.81B	6.14B
Cash, Cash Equivalents and Short-Term Investments	5.41B	5.55B	6.14B	8.87B	9.53B	2.39B
Total Debt	76.60M	115.86M	124.42M	59.45M	1.26B	2.76B
Total Liabilities	1.03B	760.31M	617.73M	1.97B	2.09B	9.46B
Stockholders Equity	7.40B	7.83B	9.12B	9.96B	9.71B	-3.33B
Cash Flow
Free Cash Flow	680.07M	590.63M	-458.52M	1.69B	-888.43M	-2.18B
Operating Cash Flow	773.29M	711.32M	-324.18M	1.86B	-731.24M	-2.10B
Investing Cash Flow	-40.92M	-12.36M	-155.18M	-274.58M	-312.66M	-111.29M
Financing Cash Flow	-484.24M	-486.20M	-535.87M	-774.28M	5.34B	2.40B

Linklogis Inc. Class B Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9959, the sentiment is Neutral. The current price of 2.89 is below the 20-day moving average (MA) of 3.32, above the 50-day MA of 2.87, and above the 200-day MA of 1.92, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 39.43 is Neutral, neither overbought nor oversold. The STOCH value of 12.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:9959.

Linklogis Inc. Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0818	65 Neutral	HK$1.64B	11.48	1.98%	―	-17.23%	-6.20%
6608	62 Neutral	€7.26B	12.88	7.02%	―	16.43%	17.05%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
2598	57 Neutral	HK$8.93B	4.69	94.40%	―	―	―
9923	54 Neutral	HK$4.22B	37.84	3.35%	―	-9.32%	477.27%
9959	53 Neutral	HK$6.17B	―	-12.22%	―	11.43%	-94.89%
2121	41 Neutral	HK$3.79B	―	-27.20%	―	-3.78%	20.83%

Linklogis Inc. Class B Corporate Events

Linklogis Inc. Reports Successful AGM with Key Resolutions Passed

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.