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Hybrid Kinetic Group
(1188)
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Rating:42Neutral
Price Target:
HK$0.01
▲(20.00% Upside)
Action:Reiterated
Date:07/01/26
The score is held down primarily by financial risk: negative equity across recent years and a historically unstable earnings profile outweigh the improved 2025 profitability and cash flow. Technicals are neutral with price sitting on key moving averages, offering limited directional confirmation. Valuation is also less supportive due to a negative P/E and no dividend yield data.
Positive Factors
2025 Profitability Turnaround
The sharp 2025 rebound demonstrates the business can generate meaningful revenue and convert to profit, indicating operational viability. If sustained, improved margins expand internal funding for capex and working capital, reducing reliance on external financing and supporting strategic execution.
Negative Factors
Negative Shareholders' Equity
Negative shareholders' equity across multiple years is a structural weakness reflecting accumulated losses and a thin capital base. This limits borrowing capacity, increases creditor scrutiny, and elevates insolvency risk, constraining strategic options until equity is restored through sustained profits or capital raises.
Read all positive and negative factors
Positive Factors
Negative Factors
2025 Profitability Turnaround
The sharp 2025 rebound demonstrates the business can generate meaningful revenue and convert to profit, indicating operational viability. If sustained, improved margins expand internal funding for capex and working capital, reducing reliance on external financing and supporting strategic execution.
Read all positive factors
Hybrid Kinetic Group (1188) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$244.23M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)6.7
Beta (1Y)0.55
Revenue Growth1293.64%
EPS GrowthN/A
CountryHK
Employees40
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)<0.01
Shares Outstanding20,352,873,000
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)-2.30
Price to Sales (P/S)4.39
P/FCF Ratio20.30
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
Hybrid Kinetic Group Business Overview & Revenue Model
Company Description
Operating as an investment holding company, Hybrid Kinetic Group Limited focuses on the development and sale of electric vehicles, battery management systems, spare parts, and advanced battery materials across the People's Republic of China. The c...
Hybrid Kinetic Group Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
22
Negative
Cash Flow
41
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 55.58M | 0.00 | 0.00 | 0.00 | 2.57M |
| Gross Profit | 20.26M | -108.00K | -108.00K | -485.00K | -3.08M |
| EBITDA | 11.56M | -13.69M | -21.79M | -619.67M | -43.82M |
| Net Income | 36.83M | -13.72M | -21.91M | -620.25M | -55.24M |
Balance Sheet | |||||
| Total Assets | 53.00M | 345.00K | 3.83M | 29.41M | 674.75M |
| Cash, Cash Equivalents and Short-Term Investments | 14.59M | 202.00K | 874.00K | 7.54M | 16.43M |
| Total Debt | 87.00K | 101.01M | 101.93M | 116.59M | 118.62M |
| Total Liabilities | 159.08M | 213.02M | 204.65M | 208.93M | 209.75M |
| Stockholders Equity | -106.12M | -213.91M | -202.19M | -181.00M | 463.31M |
Cash Flow | |||||
| Free Cash Flow | 12.03M | 252.00K | -4.92M | -17.30M | -23.58M |
| Operating Cash Flow | 12.35M | 252.00K | -4.92M | -17.16M | -22.96M |
| Investing Cash Flow | -504.00K | 0.00 | -5.00K | 19.77M | -2.37M |
| Financing Cash Flow | 1.08M | -843.00K | -1.52M | -1.84M | 4.75M |
Hybrid Kinetic Group Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$11.68B | 11.94 | 5.82% | 3.07% | 5.98% | 13.92% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
47 Neutral | HK$454.75M | 692.94 | 1.68% | ― | -44.66% | ― | |
46 Neutral | HK$1.12B | 14.51 | 3.24% | 1.76% | 5.99% | -23.45% | |
44 Neutral | HK$723.11M | -5.20 | -38.18% | ― | 15.81% | -16.67% | |
43 Neutral | HK$562.51M | -1.56 | -51.45% | ― | 47.81% | 24.15% | |
42 Neutral | HK$244.23M | 6.67 | -23.02% | ― | 1293.64% | ― |
* Consumer Cyclical Sector Average
HK:1188
Hybrid Kinetic Group
0.01
0.00
0.00%
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Hybrid Kinetic Group Corporate Events
Hybrid Kinetic Wins Unanimous Backing for AGM Resolutions and Capital Mandates
Jun 18, 2026
Hybrid Kinetic Group Limited secured unanimous shareholder approval for all resolutions tabled at its 18 June 2026 annual general meeting, underscoring strong support for the board and management. Shareholders received and approved the audited fin...
Hybrid Kinetic drops major deals to double down on core businesses
Jun 16, 2026
Hybrid Kinetic Group Limited has terminated three major agreements, including a very substantial acquisition of an unnamed target company, a subscription for 2 billion new shares, and a HK$100 million convertible bond deal, all effective 27 May 20...
Hybrid Kinetic Reshapes Board Leadership After Chairman Resigns
May 13, 2026
Hybrid Kinetic Group Limited has announced the resignation of executive director and board chairman Mr. Shan Chuanlong, who is stepping down from all related positions, including chairman of the nomination committee, member of the remuneration com...
Hybrid Kinetic Group Sets Out Board Composition and Committee Roles
May 13, 2026
Hybrid Kinetic Group Limited has disclosed an updated list of its directors and clarified their respective roles on the board, naming Kong Fan as chairman and executive director, alongside non-executive and independent non-executive directors. The...
Hybrid Kinetic Group Sets 2026 AGM With Mandate for New Share Issuance
Apr 24, 2026
Hybrid Kinetic Group has called a physical annual general meeting in Hong Kong on 18 June 2026, where shareholders will review and approve the group’s audited consolidated financial statements for the year ended 31 December 2025. The agenda ...
Hybrid Kinetic Updates on Trading Resumption as New Short-Film Business Boosts Revenue
Apr 2, 2026
Hybrid Kinetic Group has provided a quarterly update on its efforts to resume trading in its shares on the Hong Kong Stock Exchange, including the publication of all outstanding financial results and the completion of the 2025 audit by its new aud...
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.