Want to see HK:9911 full AI Analyst Report?
Top Page
Newborn Town Inc.
(9911)
Select Model
Select Model
Rating:71Outperform
Price Target:
HK$10.00
▲(12.61% Upside)
Action:Upgraded
Date:08/27/26
The score is driven primarily by strong financial performance—healthy profitability improvements, conservative leverage, and robust free cash flow. This is partially offset by a mixed technical picture (below the 200-day average and slightly negative MACD) and a demanding valuation (P/E ~40.5 with no dividend yield support).
Positive Factors
Improved revenue and profitability
The combination of higher scale and improved gross and net margins indicates stronger monetization and operating leverage. If retained across the product portfolio, this can support durable earnings growth and provide greater resilience in the global social-entertainment market.
Negative Factors
Earnings and margin volatility
The decline from 2023 peak margins and the prior loss show that profitability is not yet consistently stable across periods. This may reflect changing product economics, user-acquisition costs or monetization conditions, complicating long-term earnings forecasting.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved revenue and profitability
The combination of higher scale and improved gross and net margins indicates stronger monetization and operating leverage. If retained across the product portfolio, this can support durable earnings growth and provide greater resilience in the global social-entertainment market.
Read all positive factors
Newborn Town Inc. (9911) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$12.53B
Dividend YieldN/A
Average Volume (3M)8.27M
Price to Earnings (P/E)42.5
Beta (1Y)1.52
Revenue Growth-26.64%
EPS Growth-24.03%
CountryHK
Employees2,002
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,400,338,400
10 Day Avg. Volume12,243,505
30 Day Avg. Volume8,270,969
Financial Highlights & Ratios
PEG Ratio-1.95
Price to Book (P/B)10.71
Price to Sales (P/S)3.79
P/FCF Ratio18.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$13.41Price Target Upside50.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Newborn Town Inc. Business Overview & Revenue Model
Company Description
Newborn Town Inc. operates as a global investment holding company, primarily focusing on mobile application development and providing mobile advertising platform services. Its offerings include live streaming features accessible through various so...
How the Company Makes Money
Newborn Town Inc. generates revenue mainly by monetizing its mobile applications and online platforms through (1) in-app purchases of virtual goods and value-added features (e.g., paid digital items and premium functions within its social/entertai...
Newborn Town Inc. Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
90
Very Positive
Cash Flow
86
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.31B | 6.89B | 5.09B | 3.31B | 2.80B | 2.36B |
| Gross Profit | 2.42B | 3.85B | 2.61B | 1.72B | 1.06B | 1.00B |
| EBITDA | 536.47M | 982.04M | 886.05M | 858.22M | 291.38M | -337.03M |
| Net Income | 543.21M | 934.53M | 480.31M | 512.85M | 130.13M | -286.28M |
Balance Sheet | ||||||
| Total Assets | 729.37M | 4.40B | 3.58B | 2.79B | 1.72B | 1.62B |
| Cash, Cash Equivalents and Short-Term Investments | 493.63M | 2.80B | 2.29B | 1.56B | 746.13M | 890.71M |
| Total Debt | 12.53M | 86.04M | 83.32M | 108.27M | 112.19M | 10.77M |
| Total Liabilities | 250.65M | 1.82B | 1.93B | 843.36M | 482.21M | 782.33M |
| Stockholders Equity | 458.20M | 2.44B | 1.54B | 1.12B | 707.82M | 476.80M |
Cash Flow | ||||||
| Free Cash Flow | 990.01M | 1.40B | 1.05B | 743.56M | 301.74M | 389.85M |
| Operating Cash Flow | 1.00B | 1.42B | 1.06B | 753.50M | 312.64M | 393.85M |
| Investing Cash Flow | -419.50M | -570.62M | -86.77M | 214.58M | -356.56M | -55.10M |
| Financing Cash Flow | -156.31M | -304.67M | -318.59M | -162.34M | -139.59M | -29.83M |
Newborn Town Inc. Technical Analysis
Positive
8.88
Price Trends
8.55
Positive
8.57
Positive
9.42
Negative
Market Momentum
0.16
Negative
56.55
Neutral
58.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9911, the sentiment is Positive. The current price of 8.88 is above the 20-day moving average (MA) of 8.48, above the 50-day MA of 8.55, and below the 200-day MA of 9.42, indicating a neutral trend. The MACD of 0.16 indicates Negative momentum. The RSI at 56.55 is Neutral, neither overbought nor oversold. The STOCH value of 58.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9911.
Newborn Town Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$12.53B | 42.50 | 37.54% | ― | -26.64% | -24.03% | |
62 Neutral | HK$1.69B | 22.50 | 14.27% | ― | 8.65% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | HK$27.55B | 92.74 | 3.02% | 0.10% | 16.98% | ― | |
57 Neutral | HK$3.66B | 18.38 | 22.34% | ― | 19.34% | ― | |
56 Neutral | HK$16.16B | 49.19 | 11.79% | ― | 128.22% | ― | |
43 Neutral | HK$3.57B | -8.06 | -13.18% | ― | 40.17% | 76.39% |
* Technology Sector Average
HK:9911
Newborn Town Inc.
9.33
-3.43
-26.88%
HK:8083
China Youzan
1.23
-1.86
-60.23%
HK:0268
Kingdee International Software Group Co
7.52
-8.83
-54.01%
HK:2013
Weimob
0.84
-1.58
-65.35%
HK:2556
Marketingforce Management Ltd
56.90
3.10
5.76%
HK:2586
Dmall Inc.
3.99
-5.85
-59.46%
Newborn Town Inc. Corporate Events
Newborn Town Grants HK$49 Million in RSUs With No Shareholder Dilution
Aug 25, 2026
Newborn Town Inc. has granted 6,141,849 restricted share units (RSUs) to 69 participants under its RSU Award Scheme approved by the board on 25 August 2026. The grant represents about 0.44% of the company’s issued share capital, is fully bac...
Newborn Town Posts Robust Interim Earnings With Double-Digit Growth
Aug 25, 2026
Newborn Town Inc. reported strong interim results for the six months ended 30 June 2026, with revenue climbing 37.0% year-on-year to USD606.9 million and gross profit rising 42.1% to USD351.0 million. Profit for the period increased 41.2% to USD99...
Newborn Town Schedules Board Meeting to Approve Interim Results and Consider Dividend
Aug 13, 2026
Newborn Town 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, and to authorize their publication. The board will also consider whether to recommend the payment o...
Newborn Town Cancels Repurchased Shares, Trims Capital and Signals Ongoing Buy-Back Flexibility
Jul 30, 2026
Newborn Town Inc., a Cayman Islands-incorporated company listed on the Main Board of the Hong Kong Stock Exchange, operates under Hong Kong Listing Rules and standard corporate governance for public issuers. Its board, comprising executive and ind...
Newborn Town posts strong H1 2026 growth on AI-driven social and content businesses
Jul 22, 2026
Newborn Town Inc. reported strong unaudited operating performance for the first half of 2026, underscoring the momentum in its global social networking and AI-driven content businesses. The group’s operations are anchored in international so...
Newborn Town Switches Reporting Currency to U.S. Dollars
Jul 15, 2026
Newborn Town Inc. has announced it will change the presentation currency of its consolidated financial statements from Renminbi to United States dollars. The board said the shift aligns reporting with the fact that most group transactions are deno...
Newborn Town Steps Up RSU-Linked Share Purchases to Signal Confidence
Jul 9, 2026
Newborn Town Inc. has executed on-market share purchases under its NBT RSU Scheme, providing funds to the scheme trustee and JJQJ Partners Limited to acquire 4,540,000 shares between 3 July and 9 July 2026. The purchased shares, representing about...
Newborn Town Cancels Repurchased Shares, Tightens Capital Base
Jul 7, 2026
Newborn Town Inc., a Cayman Islands–incorporated technology and internet company listed on Hong Kong’s Main Board under stock code 9911, operates digital platforms and apps for a global user base. It actively manages its capital struct...
Newborn Town Grants HK$16.5 Million in RSUs Without Shareholder Dilution
Jun 30, 2026
Newborn Town Inc. has granted 2,181,919 restricted share units (RSUs) to 12 participants under its RSU Award Scheme, representing about 0.15% of its issued share capital. The RSUs are fully funded from existing shares held by an RSU trustee, so th...
Newborn Town Cancels 5.17 Million Repurchased Shares to Boost Per-Share Metrics
Jun 4, 2026
Newborn Town Inc. has cancelled 5,174,000 shares it repurchased on the Hong Kong market between 27 April and 29 May 2026 under shareholder-approved buyback mandates from its 2025 and 2026 annual meetings. Following the cancellation, the company...
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.