New Huo Technology Holdings Limited (1611) AI Stock Analysis

New Huo Technology Holdings Limited

(HKEX:1611)

Select Model

Rating:50Neutral

Price Target:HKD 1.50▼(-7.98% Downside)

Action:reiterated

Date:08/29/26

Score primarily reflects mixed financial performance with revenue gains offset by profitability and cash flow issues; moderate technical support from short-term momentum provides limited uplift while weak valuation due to negative earnings caps the total.

Positive Factors

Revenue reboundThe sharp 2025 revenue rebound indicates renewed business activity and improved top-line traction. If this expansion persists, it can provide greater operating scale and a broader base from which the company may improve profitability over the next several quarters.

Negative Factors

Minimal margins and lossesNear-breakeven gross margin and continuing operating and net losses show that the recent revenue rebound has not yet translated into durable earnings power. Without material margin improvement, growth may add limited value and leave the business vulnerable to operating setbacks.

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

Mixed results with strong 98.2% revenue growth but negative net income, thin margins, and volatile cash flows; balance sheet improved with lower leverage.

Income Statement

45Neutral

Balance Sheet

55Neutral

Cash Flow

40Negative

Financial statement breakdown
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

Technical Analysis SentimentNegative

Last Price1.63

Price Trends

50DMA1.93Negative

100DMA1.92Negative

200DMA2.20Negative

Market Momentum

MACD-0.08Positive

RSI34.38Neutral

STOCH47.70Neutral

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 1.63 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

UnderperformOutperform

Sector (68)

Financial Indicators

HK:1611 against its peers
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

HK:1611 and its peers over the selected period
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

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

New Huo Technology Holdings Limited AI Stock Analysis