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New Huo Technology Holdings Limited (1611) AI Stock Analysis

HK:1611

New Huo Technology Holdings Limited

(HKEX:1611)

Select Model
Rating:53Neutral
Price Target:HKD 1.50â–¼(-9.64% Downside)
Action:reiterated
Date:08/29/26

The overall score reflects improving but fragile financial performance as the primary driver, with recent revenue growth, deleveraging, and positive cash flow offset by a return to net losses and volatile historical profitability; technicals add some support through short-term momentum within a weaker long-term trend, while a negative P/E and lack of dividends weigh on valuation.

Positive Factors
Revenue ReboundThe sharp 2025 revenue rebound indicates renewed business activity and demonstrates that the company can expand its top line after weaker periods. If this growth persists, it could improve operating leverage, support reinvestment, and provide a broader base for rebuilding sustainable earnings.
Negative Factors
Weak ProfitabilityNear-breakeven gross margin and negative operating and net profits show that recent revenue growth has not yet translated into durable earnings power. Without material margin improvement, the company may struggle to fund expansion, withstand volatility, or generate consistent returns for shareholders.

New Huo Technology Holdings Limited (1611) vs. iShares MSCI Hong Kong ETF (EWH)

-80%-60%-40%-20%0%20%HK:1611-60.00%EWH+8.19%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
HKD 1.22B
Dividend Yield
―
Average Volume (3M)
330.04K
Price to Earnings (P/E)
-5.1
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

Financials show a 2025 recovery with strong revenue growth, lower leverage, and positive operating cash flow, but the recent net loss, historically volatile margins, and still-negative ROE keep overall financial strength only moderate.

Income Statement

45Neutral

Balance Sheet

60Neutral

Cash Flow

55Neutral
Financial statement breakdown
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue7.17B8.66B1.57B2.83B9.06B610.71M
Gross Profit63.22M47.63M44.22M10.39M110.85M302.63M
EBITDA-134.68M-71.17M62.19M-232.47M-129.99M219.06M
Net Income-241.85M-9.21M54.32M-287.37M-199.67M141.48M
Balance Sheet
Total Assets965.28M1.32B461.07M748.64M1.07B878.13M
Cash, Cash Equivalents and Short-Term Investments401.45M1.10B196.85M336.71M620.05M555.49M
Total Debt338.50M491.65M4.87M467.20M590.20M349.47M
Total Liabilities422.14M559.61M179.16M534.87M921.31M599.52M
Stockholders Equity543.14M757.12M281.91M206.35M134.93M278.61M
Cash Flow
Free Cash Flow38.79M14.34M-10.76M-263.08M-335.04M166.87M
Operating Cash Flow42.15M16.51M-10.73M-245.19M-314.84M181.61M
Investing Cash Flow25.97M86.08M-21.92M11.48M-133.92M9.51M
Financing Cash Flow106.55M272.51M-223.77M302.06M232.85M-45.15M

New Huo Technology Holdings Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price1.66

Price Trends

50DMA1.92Negative
100DMA1.92Negative
200DMA2.19Negative

Market Momentum

MACD-0.08Positive
RSI37.85Neutral
STOCH46.03Neutral

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 1.77, below the 50-day MA of 1.92, and below the 200-day MA of 2.19, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 37.85 is Neutral, neither overbought nor oversold. The STOCH value of 46.03 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

UnderperformOutperform
Sector (68)

Financial Indicators

HK:1611 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
HK:1911HK:191165NeutralHKD 2.03B16.791.56%―16.75%―
HK:0064HK:006463NeutralHKD 2.46B46.060.80%1.25%-30.15%1.41%
HK:1141HK:114154NeutralHKD 685.61M3.9010.19%―21.19%94.57%
HK:3938HK:393854NeutralHKD 1.14B132.005.89%―78.73%―
HK:1611HK:161153NeutralHKD 1.23B-5.11-37.20%―64.11%-159.27%
HK:0218HK:021849NeutralHKD 1.20B10.474.36%―200.24%―

* Financial Sector Average

Performance Comparison

0%100%200%300%400%HK:1611HK:1911HK:1141HK:0218HK:3938HK:0064Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
HK:1611 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1611New Huo Technology Holdings Limited1.66-2.69-61.84%
HK:1911China Renaissance Holdings 3.50-2.05-37.03%
HK:1141CMBC Capital Holdings Limited0.63-0.42-39.90%
HK:0218Shenwan Hongyuan (H.K.) Limited0.81-0.75-48.06%
HK:3938LFG Investment Holdings Limited2.311.39151.09%
HK:0064Get Nice Holdings Limited3.982.52172.98%

New Huo Technology Holdings Limited Corporate Events

Bitfire Group Posts Surge in Digital Asset AUM and Trading Volumes

Oct 26, 2026

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

Oct 23, 2026

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

Sep 30, 2026

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

Sep 28, 2026

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

Sep 23, 2026

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

Sep 15, 2026

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

Aug 27, 2026

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

Aug 26, 2026

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...

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: Aug 29, 2026