Harbour Digital Asset Capital Limited (0913) AI Stock Analysis

• Market Cap: HK$102.90M
• Dividend Yield: N/A
• Average Volume (3M): 50.09K
• Price to Earnings (P/E): 2.8
• Beta (1Y): 0.34
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 7
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.02
• Shares Outstanding: 354,818,020
• 10 Day Avg. Volume: 48,900
• 30 Day Avg. Volume: 50,092
• PEG Ratio: -1.05
• Price to Book (P/B): 0.66
• Price to Sales (P/S): -10.57
• P/FCF Ratio: -12.44
• 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

• Rating: 40 Underperform
• Price Target: ―

The overall stock score reflects significant financial and operational challenges, marked by declining revenues and profits, negative cash flows, and a bearish technical outlook. While the company's strong equity position is a positive, it is overshadowed by operational inefficiencies and liquidity risks. The negative P/E ratio and lack of dividend yield further weigh on the stock's valuation.

Harbour Digital Asset Capital Limited Business Overview & Revenue Model

Company Description

Harbour Digital Asset Capital Limited (0913) is a company operating in the digital asset sector. The company focuses on the management and investment in digital assets, leveraging blockchain technology to provide innovative solutions and services to its clients. Its core offerings include digital asset management, investment advisory, and blockchain technology development, catering to a variety of clients ranging from individual investors to institutional partners.

How the Company Makes Money

Harbour Digital Asset Capital Limited makes money primarily through digital asset management and investment advisory services. The company charges management fees based on the assets under management (AUM) from its clients, which include both individual and institutional investors. Additionally, performance fees may be applied based on the returns generated from the investment portfolios managed by the company. Harbour Digital Asset Capital Limited may also generate revenue by developing and licensing blockchain technology solutions, partnering with technology firms and financial institutions to expand its service offerings. Any strategic alliances or partnerships further enhance its business operations and contribute to its earnings.

Harbour Digital Asset Capital Limited Financial Statement Overview

Summary

Harbour Digital Asset Capital Limited faces significant financial challenges, with declining revenues and profits. Despite a solid equity base and no substantial debt, negative cash flows and profitability issues highlight operational inefficiencies and liquidity risks. The company needs to improve revenue generation and operational efficiency to enhance its financial health.

Income Statement

The company has experienced significant revenue decline, with negative revenue and profits over recent years. The net loss has worsened, indicating continuing financial struggles. EBIT and EBITDA margins are negative, showing operational inefficiencies.

Balance Sheet

The company maintains a strong equity position with a high equity ratio and no significant debt, indicating financial stability. However, the negative net income impacts return on equity, which remains negative.

Cash Flow

The company struggles with negative operating and free cash flows, reflecting poor cash management or operational inefficiencies. The lack of free cash flow growth further raises concerns about liquidity and financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-10.98M	-10.81M	-22.15M	-27.36M	-14.41M	-31.06M
Gross Profit	-17.02M	-16.85M	-8.46M	-32.17M	4.13M	844.00K
EBITDA	0.00	-17.00M	-14.78M	17.82M	-22.63M	-42.49M
Net Income	36.30M	-16.85M	-14.78M	-44.08M	-22.64M	-42.37M
Balance Sheet
Total Assets	180.10M	172.86M	171.15M	186.49M	217.72M	230.11M
Cash, Cash Equivalents and Short-Term Investments	122.38M	11.35M	1.98M	7.42M	621.00K	736.00K
Total Debt	0.00	0.00	1.00K	1.00K	1.00K	1.00K
Total Liabilities	861.00K	840.00K	841.00K	1.40M	671.00K	617.00K
Stockholders Equity	179.24M	172.02M	170.30M	185.09M	217.05M	229.49M
Cash Flow
Free Cash Flow	-12.05M	-9.19M	-5.45M	-40.34M	-13.32M	-3.91M
Operating Cash Flow	-12.05M	-9.19M	-5.45M	-40.34M	-13.32M	-3.91M
Investing Cash Flow	0.00	0.00	13.20M	66.14M	6.20M	-987.00K
Financing Cash Flow	13.98M	18.56M	0.00	-19.00M	7.01M	5.34M

Harbour Digital Asset Capital Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0913, the sentiment is Negative. The current price of 0.29 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.32, and above the 200-day MA of 0.27, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.99 is Neutral, neither overbought nor oversold. The STOCH value of 61.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0913.

Harbour Digital Asset Capital Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
0768	65 Neutral	HK$59.77M	5.80	11.69%	―	50.11%	―
2312	56 Neutral	HK$596.66M	70.49	11.27%	―	99.09%	―
0913	40 Underperform	HK$102.90M	2.83	23.55%	―	―	―
0204	39 Underperform	HK$190.94M	―	-48.65%	―	29.65%	-1294.59%

Harbour Digital Asset Capital Limited Corporate Events

Harbour Digital Asset Capital Limited Announces 2025 Annual General Meeting

Harbour Digital Asset Capital Limited has announced its Annual General Meeting scheduled for June 19, 2025, in Hong Kong. The meeting will address ordinary business matters such as reviewing financial statements, re-electing directors, and re-appointing auditors. Additionally, special resolutions will be considered, including authorizing the directors to purchase up to 10% of the company’s shares and to issue additional shares up to 20% of the current issued shares. These resolutions aim to enhance the company’s operational flexibility and shareholder value.

Harbour Digital Asset Capital Limited Announces Net Asset Value Update

Harbour Digital Asset Capital Limited has announced its unaudited consolidated net asset value per ordinary share as of March 31, 2025, which stands at approximately HK$0.426. This financial update provides stakeholders with insights into the company’s current valuation, potentially impacting investor perceptions and market positioning.

Harbour Digital Asset Capital Reports Increased Losses for 2024

Harbour Digital Asset Capital Limited announced its final results for the year ended December 31, 2024, reporting a significant loss attributable to equity holders of HK$16.8 million, compared to a loss of HK$14.8 million in the previous year. The company experienced a decrease in gross proceeds from the disposal of trading securities and a substantial loss from the sale of listed equity investments at fair value through profit or loss. Despite these challenges, the company’s net assets increased slightly to HK$172 million, with a higher bank balance and cash position compared to the previous year.

Harbour Digital Asset Capital Limited Announces Net Asset Value Update

Harbour Digital Asset Capital Limited announced its unaudited consolidated net asset value per ordinary share as of February 28, 2025, which stood at approximately HK$0.402. This financial update provides stakeholders with insight into the company’s current financial standing, potentially impacting investor confidence and market perception.

Harbour Digital Asset Capital Appoints New Investment Manager

Harbour Digital Asset Capital Limited has announced a change in its investment management, appointing SSHK as the new investment manager effective from March 14, 2025, for an initial term of three years. This strategic move, following the termination of the previous agreement with Evergrande Securities, is aimed at enhancing the company’s investment management capabilities and potentially improving its market positioning. The new agreement outlines SSHK’s responsibilities, including identifying investment opportunities and providing strategic advice to the company’s board.

Harbour Digital Asset Capital Limited Announces Change in Share Registrar

Harbour Digital Asset Capital Limited has announced a change in its share registrar and transfer office in Hong Kong, effective from April 1, 2025. The new registrar will be Tricor Investor Services Limited, and this change is expected to streamline the process for shareholders, potentially impacting the company’s operational efficiency and stakeholder interactions.

Harbour Digital Asset Capital Limited Reports January 2025 Net Asset Value

Harbour Digital Asset Capital Limited, as of January 31, 2025, reported an unaudited consolidated net asset value per ordinary share of approximately HK$0.423. This announcement highlights the financial status of the company, providing stakeholders with crucial information on its current valuation. The release does not include any forward-looking statements or implications for future operations.