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Hybrid Kinetic Group (1188) AI Stock Analysis
Hybrid Kinetic Group
(HKEX:1188)
The score is held back primarily by financial stability risk (negative equity and a short track record of consistent results) despite a strong 2025 operational and cash flow rebound. Technical signals are neutral (flat trend, near-zero MACD, Stoch ~50), while valuation is a modest positive due to the low P/E.
Hybrid Kinetic Group (1188) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 1.42B
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- 6.7
- Beta (1Y)
- -0.71
- Revenue Growth
- 1293.64%
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 40
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Auto - Parts
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 comp...
Hybrid Kinetic Group Financial Statement Overview
Summary
A meaningful 2025 rebound (profitability and cash flow turning positive) is offset by a structurally weak balance sheet. Income statement improved (turnaround year after multiple weak years), cash flow momentum is positive but not yet consistent, and negative shareholders’ equity across 2022–2025 elevates solvency/financial flexibility risk despite reduced debt in 2025.
Income Statement
46NeutralBalance Sheet
22NegativeCash Flow
41Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 55.58M | 55.58M | 0 | 0 | 0 | 2.57M |
| Gross Profit | 20.26M | 20.26M | -108.00K | -108.00K | -485.00K | -3.08M |
| EBITDA | 11.61M | 11.56M | -13.69M | -21.79M | -619.67M | -43.82M |
| Net Income | 36.83M | 36.83M | -13.72M | -21.91M | -620.25M | -55.24M |
Balance Sheet | ||||||
| Total Assets | 53.00M | 53.00M | 345.00K | 3.83M | 29.41M | 674.75M |
| Cash, Cash Equivalents and Short-Term Investments | 14.59M | 14.59M | 202.00K | 874.00K | 7.54M | 16.43M |
| Total Debt | 87.00K | 87.00K | 101.01M | 101.93M | 116.59M | 118.62M |
| Total Liabilities | 159.08M | 159.08M | 213.02M | 204.65M | 208.93M | 209.75M |
| Stockholders Equity | -106.12M | -106.12M | -213.91M | -202.19M | -181.00M | 463.31M |
Cash Flow | ||||||
| Free Cash Flow | 12.03M | 12.03M | 252.00K | -4.92M | -17.30M | -23.58M |
| Operating Cash Flow | 12.35M | 12.35M | 252.00K | -4.92M | -17.16M | -22.96M |
| Investing Cash Flow | -504.00K | -504.00K | 0 | -5,000 | 19.77M | -2.37M |
| Financing Cash Flow | 1.08M | 1.08M | -843.00K | -1.52M | -1.84M | 4.75M |
Hybrid Kinetic Group Peers Comparison
Overall Rating
HK:131676Outperform
HK:841849Neutral- HK:118849Neutral
HK:036040Underperform
HK:127438Underperform
HK:030537Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1316 | 76Outperform | HKD 10.32B | 10.54 | 5.82% | 3.47% | 5.98% | 13.92% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:8418 | 49Neutral | HKD 361.25M | 109.52 | 9.14% | ― | -44.66% | ― |
| HK:1188 | 49Neutral | HKD 244.23M | 6.67 | -23.02% | ― | 1293.64% | ― |
| HK:0360 | 40Underperform | HKD 602.59M | -4.30 | -38.18% | ― | 15.81% | -16.67% |
| HK:1274 | 38Underperform | HKD 468.55M | -1.30 | -51.45% | ― | 47.81% | 24.12% |
| HK:0305 | 37Underperform | HKD 989.45M | 12.73 | 3.24% | 2.00% | 5.99% | -23.45% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1188 | Hybrid Kinetic Group | 0.01 | 0.00 | 0.00% | |
| HK:1316 | Nexteer Automotive Group | 4.11 | -2.55 | -38.33% | |
| HK:0360 | New Focus Auto Tech Holdings | 0.04 | -0.01 | -27.08% | |
| HK:0305 | Wuling Motors Holdings Limited | 0.30 | -0.20 | -40.24% | |
| HK:8418 | Optima Automobile Group Holdings Limited | 0.42 | -0.02 | -3.41% | |
| HK:1274 | iMotion Automotive Technology (Suzhou) Co., Ltd. Class H | 1.82 | -5.88 | -76.36% |
Hybrid Kinetic Group Corporate Events
Hybrid Kinetic Corrects Interim Results, Confirms No Dividend as Trading Suspension Persists
Hybrid Kinetic Group has issued a clarification to its unaudited interim results for the six months ended 30 June 2026, correcting a clerical error in the dividends section to state that the board does not recommend paying any interim dividend for th...
Hybrid Kinetic Group Swings to Profit on Surging Interim Revenue
Hybrid Kinetic Group reported a sharp improvement in interim performance for the six months ended 30 June 2026, with revenue from continuing operations surging to HK$45.5 million from HK$6.8 million a year earlier and gross profit rising to HK$15.3 m...
Hybrid Kinetic Sets Interim Results Board Meeting as Trading Suspension Continues
Hybrid Kinetic Group has scheduled a board meeting for 31 August 2026 to consider and approve its unaudited interim results for the six months ended 30 June 2026 and to decide on a possible interim dividend, signaling progress on its financial report...
Hybrid Kinetic Group Delays 2026 Interim Results as Trading Suspension Continues
Hybrid Kinetic Group Limited has announced that it will miss the Hong Kong Stock Exchange deadlines for publishing its interim results and dispatching its interim report for the six months ended 30 June 2026. The company said it is unable to issue th...
Hybrid Kinetic Signs Strategic MOU to Expand in Energy‑Storage and Power Batteries
Hybrid Kinetic Group has signed a non‑binding memorandum of understanding with Hengwan New Energy (Qianshan) to explore a long‑term strategic partnership in the energy‑storage and power‑battery industry. The contemplated coope...
Hybrid Kinetic Group Sets August Board Meeting to Review Interim Results
Hybrid Kinetic Group Limited, a Bermuda-incorporated company listed in Hong Kong under stock code 1188, maintains a board consisting of executive, non-executive and independent non-executive directors. Chair­man Kong Fan leads the board, which i...
Hybrid Kinetic Group Reports Progress on Trading Resumption and Business Diversification
Hybrid Kinetic Group has provided a quarterly update on its efforts to meet Hong Kong listing resumption requirements, following the continued suspension of trading in its shares. The company has published all outstanding financial results, expects t...
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.
Date of analysis: Oct 01, 2026