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Suoxinda Holdings Limited (HK:3680)
:3680
Hong Kong Market
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Suoxinda Holdings Limited (3680) AI Stock Analysis

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HK:3680

Suoxinda Holdings Limited

(3680)

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Neutral 46 (OpenAI - Gpt-5.6Sol)
Rating:46Neutral
Price Target:
HK$2.50
▲(57.23% Upside)
Action:Reiterated
Date:07/30/26
The score is held down primarily by weak financial performance (declining 2025 revenue, sharply compressed margins, persistent losses, negative equity, and ongoing cash burn). Technicals provide some offset as the stock trades above key moving averages, but valuation support is limited given negative earnings and no dividend yield data.
Positive Factors
Losses narrowed from worst years
The narrowing of losses from the 2022–2023 trough indicates some improvement in earnings performance, even though profitability remains negative. If sustained, this could reduce the pace of capital consumption and provide a foundation for eventual operating stabilization.
Negative Factors
Declining and volatile revenue
A volatile, declining revenue base makes future planning and resource allocation more difficult and raises questions about the durability of customer demand. Continued top-line weakness would limit operating leverage, reduce reinvestment capacity, and make a return to profitability harder.
Read all positive and negative factors
Positive Factors
Negative Factors
Losses narrowed from worst years
The narrowing of losses from the 2022–2023 trough indicates some improvement in earnings performance, even though profitability remains negative. If sustained, this could reduce the pace of capital consumption and provide a foundation for eventual operating stabilization.
Read all positive factors

Suoxinda Holdings Limited (3680) vs. iShares MSCI Hong Kong ETF (EWH)

Suoxinda Holdings Limited Business Overview & Revenue Model

Company Description
As an investment holding company, Ruihe Data Technology Holdings Ltd. specializes in providing comprehensive big data, artificial intelligence, and digital marketing solutions, complemented by professional advisory services. The firm caters to fin...

Suoxinda Holdings Limited Financial Statement Overview

Summary
Weak fundamentals: revenue declined in 2025 and has been volatile, gross margin compressed materially over time (~mid-30% to ~8%), and the company remains loss-making. Balance sheet risk is elevated as shareholders’ equity turned negative in 2025, and cash flow remains negative (operating cash flow and free cash flow negative across all years), despite some improvement in cash burn versus 2024.
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
14
Very Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue321.38M377.84M367.94M377.13M397.37M
Gross Profit25.72M38.08M47.13M89.34M129.20M
EBITDA-29.82M-36.58M-70.44M-81.78M-43.12M
Net Income-63.52M-75.00M-109.23M-128.19M-76.24M
Balance Sheet
Total Assets365.38M298.85M444.15M410.88M473.69M
Cash, Cash Equivalents and Short-Term Investments36.49M16.40M113.26M15.11M21.95M
Total Debt125.28M124.52M187.55M89.36M83.18M
Total Liabilities354.03M255.97M326.84M307.37M319.52M
Stockholders Equity-7.95M20.46M95.84M82.76M137.69M
Cash Flow
Free Cash Flow-9.74M-22.53M-55.14M-64.37M-62.21M
Operating Cash Flow-6.99M-16.62M-38.37M-21.31M-12.04M
Investing Cash Flow-72.14M-7.41M-8.74M-51.80M-50.03M
Financing Cash Flow94.63M-73.74M147.65M65.27M10.15M

Suoxinda Holdings Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.59
Price Trends
50DMA
2.22
Positive
100DMA
2.26
Positive
200DMA
2.01
Positive
Market Momentum
MACD
0.09
Negative
RSI
66.18
Neutral
STOCH
79.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3680, the sentiment is Positive. The current price of 1.59 is below the 20-day moving average (MA) of 2.41, below the 50-day MA of 2.22, and below the 200-day MA of 2.01, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 66.18 is Neutral, neither overbought nor oversold. The STOCH value of 79.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3680.

Suoxinda Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
HK$541.94M5.936.36%4.25%8.20%286.36%
64
Neutral
HK$461.37M8.801.79%9.05%-6.58%-71.22%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
58
Neutral
HK$294.15M-0.95-14.17%13.93%-7.04%-163.40%
47
Neutral
HK$647.50M-11.97-28.87%12.49%-330.08%
46
Neutral
HK$2.41B-35.32-82.16%-3.75%-2154.29%
44
Neutral
HK$1.20B-14.83-42.58%1.60%-20.17%2.68%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3680
Suoxinda Holdings Limited
2.61
0.31
13.76%
HK:1075
Capinfo Co., Ltd. Class H
1.87
-0.77
-29.17%
HK:1522
BII Railway Transportation Technology Holdings Co., Ltd.
0.22
-0.11
-33.63%
HK:1900
China ITS Holdings Co., Ltd.
0.18
-0.13
-42.58%
HK:2350
MTT Group Holdings Limited
0.75
0.23
45.22%
HK:0465
Futong Technology Development Holdings Ltd.
3.88
3.54
1041.18%

Suoxinda Holdings Limited Corporate Events

Ruihe Data Technology Boosts Profit Amid Strategic Shift and Revenue Decline
Aug 31, 2026
Ruihe Data Technology Holdings Limited reported interim revenue of about RMB96.46 million for the six months ended 30 June 2026, down 19.9% year on year as it shifted away from commodity trading and saw a modest decline in data solutions, while ex...
Ruihe Data Technology Raises HK$42.9 Million in Share Placing to Cut Debt and Fund Operations
Aug 24, 2026
Ruihe Data Technology Holdings Limited, a Cayman-incorporated data technology group listed in Hong Kong, provides technology-driven services and solutions supported by ongoing research and development and a need for stable working capital. The com...
Ruihe Data Technology Sets Board Meeting to Approve Interim Results and Consider Dividend
Aug 19, 2026
Ruihe Data Technology Holdings Limited has scheduled a board meeting for 31 August 2026 to review and approve the consolidated interim results for the six months ended 30 June 2026. The meeting will also consider the potential declaration of an in...
Ruihe Data Technology Flags Higher Interim Profit Despite Lower Revenue
Aug 13, 2026
Ruihe Data Technology Holdings Limited has issued a positive profit alert for the six months ended 30 June 2026, despite an expected year-on-year revenue decline of about 17% to 21% to roughly RMB95 million to RMB100 million. The group still antic...
Ruihe Data Technology Extends Deadline for Discounted Share Placing
Aug 11, 2026
Ruihe Data Technology Holdings Limited, a Cayman Islands-incorporated data technology company listed on the Hong Kong Stock Exchange, is overseen by a board that includes four executive, three non-executive and four independent non-executive direc...
Ruihe Data Sets Up RMB100 Million Venture Capital Partnership as Connected Transaction
Aug 7, 2026
Ruihe Data Technology Holdings Limited has announced that its indirect wholly owned subsidiary, Ruihe Data Shenzhen, has entered into a partnership agreement with PreIPO Capital and Hainan Baoshu to establish Xiamen Ruiyihongshi Venture Capital Fu...
Ruihe Data Technology Sets Up ADR Facility to Tap U.S. Market
Aug 5, 2026
Ruihe Data Technology Holdings Limited has established an American Depositary Receipt facility with Bank of New York Mellon as depositary bank, effective 31 July 2026 U.S. Eastern Standard Time. Each American Depositary Share will represent twenty...
Ruihe Data Reports Discloseable Bitcoin Cloud Mining Rewards
Aug 3, 2026
Ruihe Data Technology Holdings Limited disclosed that under an existing cloud mining arrangement, it has received a total of 32.73 Bitcoins as mining rewards during a specified period. The rewards, derived from purchasing 230,950 TH/s of hashrate ...
Ruihe Data Technology Plans HK$90 Million Share Placing to Cut Debt and Fund Growth
Jul 30, 2026
Ruihe Data Technology Holdings Limited has agreed to place up to 44,960,100 new shares under its general mandate through Theia Securities Limited, representing about 5% of its existing share capital. The placing price of HK$2.030 per share reflect...
Ruihe Data Technology Details Deferred Consideration for Connected Share Acquisition
Jul 9, 2026
Ruihe Data Technology Holdings Limited has clarified terms of a connected transaction involving the acquisition of sale shares in a fund whose sole investment is SJ Semiconductor Corporation, now listed on the Shanghai STAR Market. The considerati...
Ruihe Data Technology Details AI-Focused Investment Partnership and Manager Credentials
Jun 18, 2026
Ruihe Data Technology Holdings Limited has provided additional details on its previously announced partnership agreement to establish a limited partnership focused on investments in unlisted artificial intelligence enterprises. The fund will targe...
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: Jul 30, 2026