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Chenqi Technology Ltd. (HK:9680)
:9680
Hong Kong Market
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Chenqi Technology Ltd. (9680) Price & Analysis

1 Followers

9680 Stock Chart & Stats

HK$9.49
-HK$0.08(-0.63%)
At close: 4:00 PM EST
HK$9.49
-HK$0.08(-0.63%)

Bulls Say, Bears Say

Bulls Say
Revenue Growth66% top-line growth in 2025 indicates a meaningful rebound in demand and stronger market traction. Sustained revenue expansion improves the firm's ability to cover fixed costs, build scale, and support margin recovery, enhancing the path to durable operating leverage if growth persists.
Gross Margin ImprovementA positive gross margin (~12%) demonstrates improved unit economics from prior losses, reflecting either better pricing or cost control. Healthier gross margins create a structural runway for operating profitability as overhead is absorbed, making sustainable net margins more achievable over the medium term.
Low Financial LeverageVery low debt-to-equity (~0.02) means limited financial leverage and lower interest burden, giving the company flexibility to manage operations and invest without heavy debt servicing. This conservatism reduces solvency risk and preserves options while cash generation improves.
Bears Say
Persistent Cash BurnConsistent negative operating and free cash flows (about -216M and -241M in 2025) are a fundamental weakness. Ongoing cash burn forces reliance on external financing or equity issuance, raises refinancing and dilution risk, and constrains the firm's ability to self-fund growth or weather downturns.
Ongoing UnprofitabilityDespite improvements, the company still reports negative operating and net margins (net margin ~-6% in 2025). Continued unprofitability means improved revenue and gross margins have not yet produced sustainable earnings, leaving long-term shareholder returns and reinvestment capacity uncertain.
Balance Sheet Volatility & Weak ROEHistorical negative equity (2021–2023) and persistently negative ROE through 2024–2025 signal prior capital erosion and limited ability to convert capital into profits. This volatility undermines investor confidence and limits strategic flexibility until returns consistently turn positive.

Chenqi Technology Ltd. News

9680 FAQ

What was Chenqi Technology Ltd.’s price range in the past 12 months?
Chenqi Technology Ltd. lowest stock price was HK$6.67 and its highest was HK$13.07 in the past 12 months.
    What is Chenqi Technology Ltd.’s market cap?
    Chenqi Technology Ltd.’s market cap is HK$1.41B.
      When is Chenqi Technology Ltd.’s upcoming earnings report date?
      Chenqi Technology Ltd.’s upcoming earnings report date is Sep 02, 2026 which is in 72 days.
        How were Chenqi Technology Ltd.’s earnings last quarter?
        Chenqi Technology Ltd. released its earnings results on Mar 31, 2026. The company reported -HK$0.902 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.902.
          Is Chenqi Technology Ltd. overvalued?
          According to Wall Street analysts Chenqi Technology Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Chenqi Technology Ltd. pay dividends?
            Chenqi Technology Ltd. does not currently pay dividends.
            What is Chenqi Technology Ltd.’s EPS estimate?
            Chenqi Technology Ltd.’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Chenqi Technology Ltd. have?
            Chenqi Technology Ltd. has 204,113,850 shares outstanding.
              What happened to Chenqi Technology Ltd.’s price movement after its last earnings report?
              Chenqi Technology Ltd. reported an EPS of -HK$0.902 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.435%.
                Which hedge fund is a major shareholder of Chenqi Technology Ltd.?
                Currently, no hedge funds are holding shares in HK:9680
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Chenqi Technology Ltd. Stock Smart Score

                  3
                  Underperform
                  1
                  2
                  3
                  4
                  5
                  6
                  7
                  8
                  9
                  10

                  Technicals

                  SMA
                  Positive
                  20 days / 200 days
                  Momentum
                  -42.63%
                  12-Months-Change

                  Fundamentals

                  Return on Equity
                  -32.94%
                  Trailing 12-Months
                  Asset Growth
                  -13.36%
                  Trailing 12-Months

                  Company Description

                  Chenqi Technology Ltd.

                  Established in 2019 and headquartered in Guangzhou, China, Chenqi Technology Limited operates as a Chinese company specializing in innovative mobility technology and service solutions. Its business operations are strategically organized into three distinct divisions. The Mobility Services segment provides a diverse array of transportation solutions, including traditional ride-hailing, cutting-edge Robotaxi services, carpooling (known as hitch), and other related offerings. Its Technology Services arm is dedicated to developing sophisticated AI data and model solutions, which span data acquisition, annotation, meticulous data management, and advanced model training. This division further contributes high-definition mapping technologies and intelligent urban transportation systems. Lastly, the Fleet Management and Services segment delivers comprehensive vehicle support, encompassing repair work and routine maintenance, alongside supplementary services such as vehicle cleaning and electric vehicle charging. This division also engages in the sale of vehicles. Chenqi caters to a broad spectrum of clients, including corporate entities, original equipment manufacturers (OEMs) within the automotive industry, various vehicle service providers, individual riders and drivers, and developers of autonomous driving technologies.

                  Chenqi Technology Ltd. (9680) Earnings & Revenues

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