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Newlink Technology Inc.
(9600)
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Rating:43Neutral
Price Target:
HK$0.12
▼(-18.67% Downside)
Action:Reiterated
Date:08/01/26
The score is primarily weighed down by deteriorating financial performance (large recent losses and renewed cash burn in 2025) and a bearish technical trend (price below key moving averages). Valuation offers limited support because the negative P/E reflects loss-making operations and there is no dividend yield data provided.
Positive Factors
Revenue Expansion
Revenue has expanded across 2020–2025, with strong growth specifically in 2025. That indicates the company can still win or retain demand in its software market despite recent profitability pressure, preserving a base from which management could pursue operating improvement over the coming quarters.
Negative Factors
Sustained Losses
The shift from positive earnings in 2020–2022 to sizable losses in 2023–2025 indicates that recent revenue has not translated into sustainable profitability. Deeply negative operating and net margins reduce internal funding capacity and make a near-term earnings recovery more important to long-term resilience.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Expansion
Revenue has expanded across 2020–2025, with strong growth specifically in 2025. That indicates the company can still win or retain demand in its software market despite recent profitability pressure, preserving a base from which management could pursue operating improvement over the coming quarters.
Read all positive factors
Newlink Technology Inc. (9600) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$129.49M
Dividend Yield2.42%
Average Volume (3M)259.44K
Price to Earnings (P/E)―
Beta (1Y)0.40
Revenue Growth-7.76%
EPS Growth-56.08%
CountryHK
Employees604
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.16
Shares Outstanding1,003,817,260
10 Day Avg. Volume217,360
30 Day Avg. Volume259,440
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.31
Price to Sales (P/S)0.55
P/FCF Ratio-3.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Newlink Technology Inc. Business Overview & Revenue Model
Company Description
Newlink Technology Inc., an investment holding company based in Beijing, China, focuses on providing solutions leveraging big data analytics and artificial intelligence. Its operations are divided into three main segments: Financial Institutions, ...
Newlink Technology Inc. Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
66
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 258.85M | 308.73M | 278.82M | 245.50M | 260.55M | 205.75M |
| Gross Profit | 36.71M | 43.43M | 38.87M | 37.09M | 70.46M | 74.60M |
| EBITDA | -109.89M | -146.94M | -91.90M | -15.96M | 3.05M | 30.88M |
| Net Income | -155.99M | -187.94M | -92.46M | -69.16M | 17.49M | 13.05M |
Balance Sheet | ||||||
| Total Assets | 673.05M | 748.60M | 882.82M | 947.68M | 991.20M | 873.34M |
| Cash, Cash Equivalents and Short-Term Investments | 240.89M | 299.81M | 376.40M | 330.46M | 414.25M | 524.26M |
| Total Debt | 28.72M | 40.77M | 32.54M | 37.38M | 35.01M | 10.55M |
| Total Liabilities | 155.38M | 206.57M | 143.38M | 158.78M | 108.59M | 34.07M |
| Stockholders Equity | 517.88M | 542.23M | 739.27M | 786.97M | 880.15M | 837.76M |
Cash Flow | ||||||
| Free Cash Flow | -44.48M | -44.48M | -6.28M | -41.82M | 10.67M | -147.35M |
| Operating Cash Flow | -12.71M | -12.71M | 24.01M | 18.69M | 14.00M | -104.22M |
| Investing Cash Flow | -37.67M | -45.74M | -52.89M | -60.51M | -158.16M | -49.41M |
| Financing Cash Flow | 16.64M | 3.50M | 39.52M | -46.49M | 6.23M | 619.90M |
Newlink Technology Inc. Technical Analysis
Negative
0.15
Price Trends
0.14
Negative
0.16
Negative
0.19
Negative
Market Momentum
>-0.01
Positive
40.41
Neutral
18.46
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9600, the sentiment is Negative. The current price of 0.15 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.14, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.41 is Neutral, neither overbought nor oversold. The STOCH value of 18.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9600.
Newlink Technology Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$1.40B | 12.97 | 9.51% | 10.54% | 21.19% | 19.81% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | HK$25.71B | 89.44 | 3.02% | 0.10% | 16.98% | ― | |
54 Neutral | HK$3.61B | -16.45 | -2.55% | 1.40% | -2.82% | -152.77% | |
47 Neutral | HK$108.28M | -0.31 | -23.42% | ― | -30.67% | 8.70% | |
43 Neutral | HK$129.49M | -0.66 | -29.43% | 2.42% | -7.76% | -56.08% | |
43 Neutral | HK$3.30B | -7.71 | -13.18% | ― | 40.17% | 76.39% |
* Technology Sector Average
HK:9600
Newlink Technology Inc.
0.13
-0.12
-49.60%
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7.27
-9.33
-56.21%
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0.80
-2.06
-72.03%
HK:1675
AsiaInfo Technologies Limited
3.85
-7.08
-64.79%
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-3.46
-44.88%
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-81.54%
Newlink Technology Inc. Corporate Events
Newlink Technology Narrows Interim Loss Amid Revenue Slide and Weaker Balance Sheet
Aug 25, 2026
Newlink Technology Inc. reported a sharp decline in interim revenue to RMB85.0 million for the six months ended 30 June 2026, down from RMB133.7 million a year earlier, with gross profit falling to RMB17.6 million. The Group narrowed its loss befo...
Newlink Technology Narrows Loss as It Prioritises High-Margin Software Projects
Aug 18, 2026
Newlink Technology Inc. has issued a profit alert indicating that its loss attributable to shareholders for the six months ended 30 June 2026 is expected to narrow sharply to RMB27 million–RMB37 million, down about 43%–58% from RMB64.4...
Newlink Details Use of HK$33 Million in Working Capital From 2024 Placing
Aug 13, 2026
Newlink Technology Inc., a Cayman Islands-incorporated technology company listed in Hong Kong, focuses on technology-related services and solutions and is managed from Beijing. The firm’s governance framework includes both executive and inde...
Newlink Technology Sets August Board Meeting to Approve Interim Results and Mull Dividend
Aug 13, 2026
Newlink Technology Inc. has scheduled a board meeting for 25 August 2026 to review and approve the interim results for the six months ended 30 June 2026, with the announcement to be published thereafter. The board will also consider whether to rec...
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.