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VPower Group International Holdings Limited (1608) AI Stock Analysis

HK:1608

VPower Group International Holdings Limited

(HKEX:1608)

Select Model
Rating:38Underperform
Price Target:HKD 0.03â–¼(-5.56% Downside)
Action:reiterated
Date:10/14/26

Primarily impacted by weak financial performance with declining revenues and losses, reinforced by bearish technical indicators showing price below key averages.

Positive Factors
Integrated power solutionsVPower’s combination of power generation, equipment integration, EPC and O&M creates several ways to participate in customer projects. This integrated model can support recurring service income, deepen customer relationships and diversify revenue beyond ownership of operating assets alone.
Negative Factors
Persistent losses and weak recoveryOngoing losses and the 2025 revenue decline indicate that the earnings recovery remains incomplete. Negative operating profit limits internally generated funding, while continued top-line weakness can reduce scale benefits and make future profitability more dependent on execution improvements.

VPower Group International Holdings Limited (1608) vs. iShares MSCI Hong Kong ETF (EWH)

-100%-80%-60%-40%-20%0%20%HK:1608-84.35%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 240.25M
Dividend Yield
―
Average Volume (3M)
2.16M
Price to Earnings (P/E)
-0.9
Beta (1Y)
0.18
Revenue Growth
-8.00%
EPS Growth
-254.95%
Country
Hong Kong
Employees
529
Sector
Industrials
Sector Strength
63
Industry
Electrical Equipment & Parts

VPower Group International Holdings Limited Business Overview & Revenue Model

Company Description

VPower Group International Holdings Limited functions as an investment holding company, delivering comprehensive power generation solutions across Hong Kong, Macau, mainland China, various other Asian nations, Latin America, and worldwide. The compan...

How the Company Makes Money

VPower primarily generates revenue through (1) power generation and power supply: operating power plants or distributed generation assets and earning income from selling electricity (and, where applicable, heat/steam) under power purchase agreements...

VPower Group International Holdings Limited Financial Statement Overview

Summary

Revenue has declined sharply with negative net income since 2022, high debt-to-equity of 1.26, and volatile cash flows pointing to operational challenges.

Income Statement

15Very Negative

Balance Sheet

20Very Negative

Cash Flow

25Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.21B1.20B1.52B1.50B3.36B5.09B
Gross Profit156.56M199.62M287.06M-84.18M556.47M699.95M
EBITDA101.79M1.50M133.46M-1.58B388.61M637.02M
Net Income-262.88M-201.46M-233.08M-2.85B-316.85M45.69M
Balance Sheet
Total Assets5.54B5.32B5.86B6.24B8.91B10.35B
Cash, Cash Equivalents and Short-Term Investments339.14M381.90M122.81M238.91M165.18M589.84M
Total Debt1.78B1.78B2.50B2.82B3.02B3.97B
Total Liabilities4.15B3.92B4.28B4.35B5.77B6.82B
Stockholders Equity1.38B1.40B1.58B1.88B3.14B3.48B
Cash Flow
Free Cash Flow-413.32M-411.07M212.69M128.70M-48.67M-1.30B
Operating Cash Flow-181.57M-222.71M249.46M226.95M121.39M-980.84M
Investing Cash Flow486.14M1.30B-2.89M-29.30M-224.90M-193.91M
Financing Cash Flow-324.00M-846.40M-241.40M-179.12M-424.04M508.14M

VPower Group International Holdings Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.04

Price Trends

50DMA0.04Negative
100DMA0.06Negative
200DMA0.09Negative

Market Momentum

MACD-0.00Negative
RSI49.55Neutral
STOCH90.48Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1608, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 49.55 is Neutral, neither overbought nor oversold. The STOCH value of 90.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1608.

VPower Group International Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:1608 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
HK:3750HK:375061NeutralHKD 1.29T12.1224.02%3.13%58.67%40.21%
HK:3931HK:393151NeutralHKD 25.99B10.135.27%―79.77%149.08%
HK:0842HK:084245NeutralHKD 995.99M-6.95-2.78%2.59%-44.15%-130.35%
HK:8328HK:832840UnderperformHKD 298.50M-2.89-11.50%―-7.44%56.28%
HK:2188HK:218839UnderperformHKD 96.98M-2.37-6.77%―11.05%20.00%
HK:1608HK:160838UnderperformHKD 240.25M-0.91-18.87%―-8.00%-254.95%

* Industrials Sector Average

Performance Comparison

-50%0%50%HK:1608HK:2188HK:3931HK:8328HK:0842HK:3750Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:1608 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1608VPower Group International Holdings Limited0.04-0.19-84.28%
HK:2188China Titans Energy Technology Group Co., Ltd.0.07-0.17-72.92%
HK:3931CALB Co., Ltd. Class H13.13-19.13-59.30%
HK:8328Xinyi Electric Storage Holdings Limited0.38-0.29-43.28%
HK:0842Leoch International Technology Limited0.690.000.43%
HK:3750Contemporary Amperex Technology Co., Limited Class H338.80-207.94-38.03%

VPower Group International Holdings Limited Corporate Events

VPower Group Calls Scheme Creditors Meeting Amid Ongoing Restructuring

Oct 30, 2026

VPower Group International Holdings Limited has issued a voluntary update announcing the formal convening of a single scheme meeting for its scheme creditors, following a High Court order in Hong Kong. The meeting, scheduled for 20 November 2026, wil...

VPower Sets Creditor Meeting for Offshore Debt Restructuring Scheme

Oct 29, 2026

VPower Group has called a scheme meeting for 20 November 2026 in Hong Kong, after the High Court granted permission for creditors to consider a proposed restructuring scheme for its offshore debts and claims linked to winding-up petitions. The scheme...

VPower Group Wins Court Order to Convene Creditor Meeting on Restructuring Scheme

Oct 21, 2026

VPower Group International Holdings Limited has received a convening order from the High Court of Hong Kong, allowing it to call a meeting of scheme creditors to consider a proposed restructuring scheme under the Companies Ordinance. The company will...

VPower Group Updates Court Timetable for Restructuring Scheme

Oct 8, 2026

VPower Group International Holdings Limited has provided an update on its ongoing restructuring efforts, specifically concerning a proposed scheme of arrangement subject to court oversight in Hong Kong. The High Court has rescheduled the adjourned co...

VPower Hearing on Winding-Up Petitions Further Adjourned to November

Aug 26, 2026

VPower Group International Holdings Limited has provided an update on winding-up petitions filed against the company and its indirect wholly owned subsidiary, VPower Group Holdings Limited, by CRRC Hongkong Capital Management Co., Limited. The High C...

VPower Group Swings to Interim Loss but Advances Low‑Carbon Power Projects

Aug 24, 2026

VPower Group reported interim revenue of HK$620.1 million for the six months ended 30 June 2026, with HK$84.0 million from its SI business and HK$536.1 million from its IBO segment. The company recorded a net loss of approximately HK$41.0 million, re...

VPower Seeks Court Adjournments as Debt Restructuring Advances

Aug 21, 2026

VPower Group International Holdings Limited has provided an update on its proposed debt restructuring, announcing that the High Court of Hong Kong has adjourned the convening hearing for its scheme of arrangement to 22 October 2026. The company state...

VPower Group Sets August Board Meeting to Review Interim Results and Dividend

Aug 12, 2026

VPower Group International Holdings Limited has scheduled a board meeting for 24 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026, along with their release to the market. The board will also consid...

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.

Date of analysis: Oct 14, 2026