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New Huo Technology Holdings Limited (1611) AI Stock Analysis
New Huo Technology Holdings Limited
(HKEX:1611)
The score is held back primarily by weak and volatile fundamentals—near-zero gross margin, current net losses, and swinging leverage—despite a sharp 2025 revenue rebound and a turnaround to positive operating/free cash flow. Technicals add modest support with improving short-term momentum (price above 20/50DMA and positive MACD), while valuation remains challenged due to negative earnings and no dividend yield data.
New Huo Technology Holdings Limited (1611) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 1.23B
- Dividend Yield
- ―
- Average Volume (3M)
- 329.12K
- Price to Earnings (P/E)
- -5.0
- Beta (1Y)
- 1.05
- Revenue Growth
- 64.11%
- EPS Growth
- -159.27%
- Country
- Hong Kong
- Employees
- 178
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Hardware, Equipment & Parts
New Huo Technology Holdings Limited Business Overview & Revenue Model
Company Description
Bitfire Group Holdings Limited, an investment holding company, provides cryptocurrency trading and technology solution services in the People’s Republic of China. It offers blockchain solutions; peripheral accessories, such as browser, faucet, and of...
New Huo Technology Holdings Limited Financial Statement Overview
Summary
Financial performance is improving but still fragile: revenue rebounded sharply in 2025 (~98% growth) and cash flow turned positive (operating cash flow ~16.5M; free cash flow ~14.3M). However, profitability remains weak with near-breakeven gross margin (~0.6%) and negative operating profit and net income. Results and leverage have been highly volatile across years, with debt-to-equity rising again in 2025 (~0.65) after improving in 2024 (~0.02), and ROE slightly negative in 2025.
Income Statement
38NegativeBalance Sheet
46NeutralCash Flow
55Neutral| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.17B | 8.66B | 1.57B | 2.83B | 9.06B | 610.71M |
| Gross Profit | 63.22M | 47.63M | 44.22M | 10.39M | 110.85M | 302.63M |
| EBITDA | -134.68M | -71.17M | 62.19M | -232.47M | -129.99M | 219.06M |
| Net Income | -241.85M | -9.21M | 54.32M | -287.37M | -199.67M | 141.48M |
Balance Sheet | ||||||
| Total Assets | 965.28M | 1.32B | 461.07M | 748.64M | 1.07B | 878.13M |
| Cash, Cash Equivalents and Short-Term Investments | 401.45M | 1.10B | 196.85M | 336.71M | 620.05M | 555.49M |
| Total Debt | 338.50M | 491.65M | 4.87M | 467.20M | 590.20M | 349.47M |
| Total Liabilities | 422.14M | 559.61M | 179.16M | 534.87M | 921.31M | 599.52M |
| Stockholders Equity | 543.14M | 757.12M | 281.91M | 206.35M | 134.93M | 278.61M |
Cash Flow | ||||||
| Free Cash Flow | 38.79M | 14.34M | -10.76M | -263.08M | -335.04M | 166.87M |
| Operating Cash Flow | 42.15M | 16.51M | -10.73M | -245.19M | -314.84M | 181.61M |
| Investing Cash Flow | 25.97M | 86.08M | -21.92M | 11.48M | -133.92M | 9.51M |
| Financing Cash Flow | 106.55M | 272.51M | -223.77M | 302.06M | 232.85M | -45.15M |
New Huo Technology Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1611, the sentiment is Negative. The current price of 1.66 is below the 20-day moving average (MA) of 1.78, below the 50-day MA of 1.93, and below the 200-day MA of 2.20, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 34.38 is Neutral, neither overbought nor oversold. The STOCH value of 47.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1611.
New Huo Technology Holdings Limited Peers Comparison
Overall Rating
HK:191165Neutral
HK:006463Neutral
HK:393854Neutral- HK:161150Neutral
HK:021849Neutral
HK:114141Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| HK:1911 | 65Neutral | HKD 2.03B | 16.95 | 1.56% | ― | 16.75% | ― |
| HK:0064 | 63Neutral | HKD 2.46B | 46.06 | 0.80% | 1.25% | -30.15% | 1.41% |
| HK:3938 | 54Neutral | HKD 1.14B | 132.57 | 5.89% | ― | 78.73% | ― |
| HK:1611 | 50Neutral | HKD 1.23B | -5.02 | -37.20% | ― | 64.11% | -159.27% |
| HK:0218 | 49Neutral | HKD 1.20B | 9.90 | 4.36% | ― | 200.24% | ― |
| HK:1141 | 41Neutral | HKD 685.61M | 3.90 | 10.19% | ― | 21.19% | 94.57% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1611 | New Huo Technology Holdings Limited | 1.63 | -3.01 | -64.87% | |
| HK:1911 | China Renaissance Holdings | 3.54 | -2.38 | -40.20% | |
| HK:1141 | CMBC Capital Holdings Limited | 0.63 | -0.49 | -43.69% | |
| HK:0218 | Shenwan Hongyuan (H.K.) Limited | 0.77 | -0.86 | -52.76% | |
| HK:3938 | LFG Investment Holdings Limited | 2.32 | 1.46 | 169.77% | |
| HK:0064 | Get Nice Holdings Limited | 3.98 | 2.52 | 172.98% |
New Huo Technology Holdings Limited Corporate Events
Bitfire Group Posts Surge in Digital Asset AUM and Trading Volumes
Bitfire Group Holdings Limited, formerly Sinohope Technology Holdings, is a diversified digital asset firm offering regulated crypto asset management, over-the-counter trading, exchange trading and custody services. Operating through licensed entitie...
Bitfire Group Grants 22.6 Million Share Options to Top Executives
Bitfire Group Holdings has granted 22,588,200 share options under its share option scheme to one director and two senior executives, each receiving 7,529,400 options. The options carry an exercise price of HK$1.735 per share, can be exercised over te...
Bitfire Group Tightens Board Nomination and Governance Framework
Bitfire Group Holdings Limited has detailed updated terms of reference for its Nomination and Corporate Governance Committee, which replaces an earlier nomination committee structure. The committee is composed mainly of independent non-executive dire...
Bitfire Group Signs Connected Asset Management Deals With Key Executives
Bitfire Group Holdings’ subsidiary Bitfire Asset Management has signed five three-year asset management framework agreements with several of the company’s directors and senior executives, including a major shareholder, to manage separate...
Bitfire Group Grants 4.38 Million Share Options to Employees
Bitfire Group Holdings has granted 4,380,000 share options to eligible employees under its recently adopted share option scheme, with each option entitling the holder to subscribe for one new ordinary share. The move underscores the company’s u...
Bitfire Group Overhauls Share Option Framework After EGM Approvals
Bitfire Group Holdings Limited announced that shareholders have approved all resolutions put forward at an extraordinary general meeting held in Hong Kong on 15 September 2026. Directors attended both in person and electronically, and Tricor Investor...
Bitfire Group Moves Into Tokenized Real-World Assets With Compliant Quant Strategy
Bitfire Group Holdings is expanding its business by leveraging its established capabilities in compliant digital asset custody, trading and quantitative asset management to enter the real-world assets segment, where tangible interests and securities...
Bitfire Group Seeks Shareholder Approval for New Share Option Scheme
Bitfire Group Holdings has called an extraordinary general meeting in Hong Kong on 15 September 2026 to seek shareholder approval for a new share option scheme, replacing its existing plan adopted in 2016. The proposed scheme would authorize director...
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: Aug 29, 2026