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Hi Sun Technology (China) Limited
(0818)
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Rating:49Neutral
Price Target:
HK$0.34
▼(-31.40% Downside)
Action:Reiterated
Date:08/06/26
The score is held back primarily by deteriorating operating fundamentals (multi-year revenue decline and a 2025 loss) and bearish technicals (price below key moving averages with negative MACD). Offsetting factors are the strong, low-debt balance sheet and the 2025 cash flow rebound, but the negative P/E and lack of dividend data limit valuation support.
Positive Factors
Low Leverage
Very low leverage limits interest and refinancing pressure, preserving financial flexibility for software development, project delivery and customer support. The conservative capital structure also provides resilience if operating conditions remain weak.
Negative Factors
Multi-Year Revenue Decline
The multi-year revenue contraction signals sustained pressure on customer demand, project activity or competitive position. A smaller revenue base can reduce operating leverage, weaken market reach and make future earnings recovery more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Very low leverage limits interest and refinancing pressure, preserving financial flexibility for software development, project delivery and customer support. The conservative capital structure also provides resilience if operating conditions remain weak.
Read all positive factors
Hi Sun Technology (China) Limited (0818) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$971.89M
Dividend YieldN/A
Average Volume (3M)709.20K
Price to Earnings (P/E)―
Beta (1Y)0.70
Revenue Growth6.86%
EPS Growth-589.88%
CountryHK
Employees2,494
SectorTechnology
Sector Strength88
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)-0.25
Shares Outstanding2,776,833,700
10 Day Avg. Volume374,400
30 Day Avg. Volume709,200
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)0.10
Price to Sales (P/S)0.34
P/FCF Ratio0.58
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
Hi Sun Technology (China) Limited Business Overview & Revenue Model
Company Description
Hi Sun Technology (China) Ltd. is an investment holding company, which engages in the provision of financial solutions. It operates through the following segments: Payment and Digital Services, Fintech Services, Platform Operation Services, and Fi...
How the Company Makes Money
null...
Hi Sun Technology (China) Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
82
Very Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.28B | 2.12B | 2.34B | 2.71B | 3.43B | 4.18B |
| Gross Profit | 736.10M | 828.10M | 862.03M | 947.89M | 1.24B | 1.17B |
| EBITDA | -359.67M | -314.96M | -83.38M | 610.77M | 490.18M | 3.66B |
| Net Income | -685.73M | -121.55M | 157.60M | 463.43M | 510.08M | 3.52B |
Balance Sheet | ||||||
| Total Assets | 14.39B | 14.43B | 11.86B | 13.03B | 11.46B | 10.82B |
| Cash, Cash Equivalents and Short-Term Investments | 8.55B | 7.38B | 3.45B | 7.25B | 4.60B | 4.03B |
| Total Debt | 113.82M | 111.68M | 118.00M | 86.17M | 350.63M | 34.02M |
| Total Liabilities | 6.73B | 6.42B | 4.14B | 5.25B | 3.90B | 3.33B |
| Stockholders Equity | 7.11B | 7.39B | 7.13B | 7.19B | 6.62B | 6.42B |
Cash Flow | ||||||
| Free Cash Flow | 970.71M | 1.24B | -517.60M | 1.17B | 545.39M | -738.57M |
| Operating Cash Flow | 992.97M | 1.26B | -482.84M | 1.21B | 609.01M | -569.10M |
| Investing Cash Flow | -173.60M | -194.71M | 73.38M | -38.57M | 118.34M | 131.60M |
| Financing Cash Flow | 359.38M | 311.37M | 314.00K | -1.16B | 233.54M | 100.36M |
Hi Sun Technology (China) Limited Technical Analysis
Negative
0.50
Price Trends
0.36
Negative
0.39
Negative
0.44
Negative
Market Momentum
>-0.01
Negative
47.83
Neutral
55.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0818, the sentiment is Negative. The current price of 0.5 is above the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.36, and above the 200-day MA of 0.44, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.83 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0818.
Hi Sun Technology (China) Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | HK$4.33B | 21.89 | 5.40% | 0.19% | 113.85% | -90.13% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | HK$2.00B | 15.94 | 3.07% | 0.00% | -4.38% | -0.12% | |
49 Neutral | HK$971.89M | -1.36 | -9.45% | ― | 6.86% | -589.88% | |
48 Neutral | HK$4.73B | -86.97 | -0.61% | 3.49% | 23.61% | 96.36% | |
47 Neutral | HK$2.37B | -4.35 | -10.08% | ― | -28.80% | -252.24% | |
43 Neutral | HK$2.21B | -6.70 | -22.29% | ― | 26.08% | 38.72% |
* Technology Sector Average
HK:0818
Hi Sun Technology (China) Limited
0.34
-0.16
-32.00%
HK:6608
Bairong, Inc. Class B
5.09
-5.78
-53.22%
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4.29
-6.62
-60.69%
HK:9959
Linklogis Inc. Class B
2.18
-0.88
-28.76%
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AInnovation Technology Group
4.00
-3.71
-48.12%
HK:2598
Lianlian DigiTech Co., Ltd. Class H
3.76
-6.51
-63.39%
Hi Sun Technology (China) Limited Corporate Events
Hi Sun Technology Posts Strong Revenue Growth But Suffers Heavy Impairment Loss
Aug 18, 2026
Hi Sun Technology (China) Limited reported a 17% year-on-year increase in interim revenue to HK$1.13 billion for the first half of 2026, with gross profit up 8% and adjusted net profit rising 24% to HK$74.2 million. The company also saw a 48% jump...
Hi Sun Technology Schedules Board Meeting to Approve Interim Results and Dividend
Aug 6, 2026
Hi Sun Technology (China) Limited has scheduled a board meeting for 18 August 2026 to review and potentially approve the publication of its unaudited consolidated interim results for the six months ended 30 June 2026. The board will also consider ...
Hi Sun Technology Flags Larger HK$550 Million Impairment on PAX Global Stake
Aug 5, 2026
Hi Sun Technology (China) Limited has warned that its non-cash impairment loss on its investment in PAX Global Technology Limited for the six months ended 30 June 2026 will be substantially higher than previously indicated. Based on the board̵...
Hi Sun Technology Relocates Bermuda Registered Office While Maintaining Hong Kong Registrar
Jul 28, 2026
Hi Sun Technology (China) Limited announced that, effective 3 August 2026, its registered office, principal share registrar and transfer office in Bermuda will relocate to Richmond House, 12 Par-la-Ville Road, Hamilton HM 08, Bermuda. The company ...
Hi Sun Technology Boosts Fintech Funding With RMB170 Million ABS Issuance
Jul 22, 2026
Hi Sun Technology (China) Limited has launched Phase 2 of its Ronghui Zhida-Xingyue No. 2 supply chain financial asset-backed securities scheme in mainland China, establishing a RMB170 million issuance backed by creditor rights under specified loa...
Hi Sun Technology Flags HK$400 Million Non-Cash Impairment on PAX Global Stake
Jul 17, 2026
Hi Sun Technology (China) Limited, a Bermuda-incorporated financial technology and electronic payments group listed in Hong Kong, holds a strategic investment in PAX Global Technology Limited, a company engaged in payment terminal and related solu...
Hi Sun Technology Issues Profit Warning as Strategic Shift Drives Higher Interim Loss
Jun 30, 2026
Hi Sun Technology (China) Limited has warned that its operating loss for the six months ending 30 June 2026 will increase compared with the HK$140.6 million loss recorded in the same period of 2025. Preliminary unaudited figures for the five month...
Hi Sun Technology Launches RMB202 Million Phase of ABS Scheme to Fund Fintech Growth
Jun 10, 2026
Hi Sun Technology (China) Limited has launched the first phase of a new asset-backed securities scheme in mainland China through its subsidiary Ronghui Zhida Factoring, supported by loan-trust creditor rights, with regulatory clearance for up to R...
Hi Sun Technology Grants 64 Million Share Awards to Executive Directors
May 27, 2026
Hi Sun Technology (China) Limited has granted a total of 64,266,000 share awards to five executive directors under its existing share award scheme, with the awards recommended by the remuneration committee and approved by the board on 27 May 2026....
Hi Sun Technology Shareholders Approve All AGM Resolutions, Renew Capital Mandates
May 20, 2026
Hi Sun Technology (China) Limited reported that all resolutions at its 20 May 2026 annual general meeting were passed by poll, with all directors in attendance and shareholders approving the audited financial statements for 2025 and the re-electio...
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.