New Risk • Jun 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$774.8m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥163m free cash flow). Minor Risk Market cap is less than US$100m (HK$774.8m market cap, or US$98.9m). Reported Earnings • Apr 03
Full year 2025 earnings released: CN¥0.007 loss per share (vs CN¥0.004 loss in FY 2024) Full year 2025 results: CN¥0.007 loss per share (further deteriorated from CN¥0.004 loss in FY 2024). Revenue: CN¥585.4m (up 13% from FY 2024). Net loss: CN¥128.4m (loss widened 89% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year. Announcement • Apr 01
New Focus Auto Tech Holdings Limited, Annual General Meeting, Jun 30, 2026 New Focus Auto Tech Holdings Limited, Annual General Meeting, Jun 30, 2026. Announcement • Mar 17
New Focus Auto Tech Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 New Focus Auto Tech Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$757.5m market cap, or US$96.7m). New Risk • Dec 29
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$774.8m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. New Risk • Oct 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$774.8m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Sep 03
First half 2025 earnings released: CN¥0.003 loss per share (vs CN¥0.001 loss in 1H 2024) First half 2025 results: CN¥0.003 loss per share (further deteriorated from CN¥0.001 loss in 1H 2024). Revenue: CN¥270.1m (up 14% from 1H 2024). Net loss: CN¥54.0m (loss widened 239% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Aug 15
New Focus Auto Tech Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 New Focus Auto Tech Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Aug 04
New Focus Auto Tech Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 June 2025 New Focus Auto Tech Holdings Limited provided earnings guidance for the six months ended 30 June 2025 . For the period, the Group is expected to record a net loss in the range of approximately RMB 50 million to RMB 60 million for the Period (the same period of 2024: a net loss of approximately RMB 16.12 million). The Group's consolidated revenue for the Period was approximately RMB 270 million, representing an increase of approximately RMB 33 million compared to the same period in 2024, which was primarily driven by revenue growth in both the Group's manufacturing and trading business as well as the Group's automotive dealership and services business. New Risk • Jul 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.005 loss in FY 2023) Full year 2024 results: CN¥0.004 loss per share (improved from CN¥0.005 loss in FY 2023). Revenue: CN¥518.5m (down 6.6% from FY 2023). Net loss: CN¥67.9m (loss narrowed 22% from FY 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Apr 01
New Focus Auto Tech Holdings Limited, Annual General Meeting, Jun 30, 2025 New Focus Auto Tech Holdings Limited, Annual General Meeting, Jun 30, 2025. Announcement • Mar 17
New Focus Auto Tech Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 New Focus Auto Tech Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Jan 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$774.8m (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$774.8m market cap, or US$99.5m). Reported Earnings • Sep 28
First half 2024 earnings released: CN¥0.001 loss per share (vs CN¥0 in 1H 2023) First half 2024 results: CN¥0.001 loss per share (further deteriorated from CN¥0 in 1H 2023). Revenue: CN¥237.6m (down 7.2% from 1H 2023). Net loss: CN¥15.9m (loss widened 205% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Sep 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$757.5m (US$97.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$757.5m market cap, or US$97.2m). Announcement • Aug 24
New Focus Auto Tech Holdings Limited Appoints Luo Baiyun as Independent Non-Executive Director and A Member of Audit Committee , Remuneration Committee and Nomination Committee The board of directors of New Focus Auto Tech Holdings Limited announced that Ms. Luo Baiyun has been appointed as an independent non-executive Director and a member of each of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 23 August 2024. Ms. Luo Baiyun, aged 47, graduated from Shandong University of Political Science and Law, is a PRC lawyer and a registered foreign lawyer in Hong Kong. Ms. Luo is currently a partner of Zhi Heng Law Firm and her main practice area is cross-border legal matters related to Mainland China and Hong Kong. Ms. Luo worked for the Shenzhen Branch of Bank of Communications Co. Ltd. from 2004 to 2011, and previously worked for several law firms including Sincere Partners & Attorneys and its Hong Kong branch, Kan & Co., Fred, and Tahota (ShenZhen) Law Firm with extensive experience in legal practice. The compositions of the Audit Committee, the Remuneration Committee and the Nomination Committee will be changed as follows: Audit Committee: Mr. Zhang Kaizhi, Chairman; Mr. Li Qingwen and Ms. Luo Baiyun as member. Remuneration Committee: Mr. Li Qingwen, Chairman; Mr. Tong Fei, Ms. Luo Baiyun and Mr. Zhang Kaizhi as members. Nomination Committee: Mr. Li Qingwen, Mr. Zhang Kaizhi and Ms. Luo Baiyun as member; Mr. Tong Fei as Chairman. Announcement • Aug 16
New Focus Auto Tech Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 New Focus Auto Tech Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Jun 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 22% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risk Market cap is less than US$100m (HK$550.9m market cap, or US$70.4m). Reported Earnings • Mar 30
Full year 2023 earnings released: CN¥0.005 loss per share (vs CN¥0.007 loss in FY 2022) Full year 2023 results: CN¥0.005 loss per share. Revenue: CN¥555.4m (down 6.1% from FY 2022). Net loss: CN¥87.3m (loss widened 80% from FY 2022). Announcement • Mar 29
New Focus Auto Tech Holdings Limited, Annual General Meeting, Jun 28, 2024 New Focus Auto Tech Holdings Limited, Annual General Meeting, Jun 28, 2024. Announcement • Mar 19
New Focus Auto Tech Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 New Focus Auto Tech Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Mar 02
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$11m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (HK$11m sold). Announcement • Nov 25
New Focus Auto Tech Holdings Limited Announces Change of Tong Fei from Acting Chairman to Chairman of the Board The board of directors of New Focus Auto Tech Holdings Limited announced that Mr. Tong Fei, the acting chairman of the Company, will be changed to the chairman of the Company with effect from 24 November 2023. New Risk • Oct 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (154% increase in shares outstanding). Reported Earnings • Sep 01
First half 2023 earnings released: EPS: CN¥0 (vs CN¥0.003 loss in 1H 2022) First half 2023 results: EPS: CN¥0 (improved from CN¥0.003 loss in 1H 2022). Revenue: CN¥256.1m (up 3.4% from 1H 2022). Net loss: CN¥5.23m (loss narrowed 71% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Aug 18
New Focus Auto Tech Holdings Limited to Report First Half, 2023 Results on Aug 30, 2023 New Focus Auto Tech Holdings Limited announced that they will report first half, 2023 results on Aug 30, 2023 Announcement • Jun 13
New Focus Auto Tech Holdings Limited Announces Board Appointments New Focus Auto Tech Holdings Limited announced that Mr. Huang Bo has been appointed as an independent non-executive Director and a member of each of the audit committee, the remuneration committee and the nomination committee of the Company. Mr. Huang Bo, aged 35, has been working in Baker Tilly China Certified Public Accountants since 2010, with his current position being the director of consultancy services. Mr. Huang focuses on providing clients with solutions such as strategic development, management optimization, policy research, risk control, etc., and is particularly experienced at providing consultancy services for state-owned enterprises and administrative institutions. Mr. Huang is an international certified management consultant and a senior risk manager. He is also a science and technology evaluation expert of the Chengdu Science and Technology Bureau which provides various special services, such as consultation and demonstration, evaluation and acceptance evaluation, and is committed to promoting the scientization, standardization and modernization of technological management and decision- making. Mr. Huang received an Executive Master of Business Administration ("EMBA") in the Joint Training Program between Peking University and the University of Hong Kong in 2021. Mr. Zhang Kaizhi has been appointed as an independent non-executive Director and the chairman of the Audit Committee. Mr. Zhang Kaizhi, aged 49, has been a partner of Shenzhen Jiuan Certified Public Accountants since October 2021. Mr. Zhang served as the deputy director of the financial department of Hubei Sanlida Building Materials Industry Group Co. Ltd. and the manager of the financial department of the Netherlands Anyunlong Group (Shanghai) Company from December 1993 to November 1999; the deputy general manager of Hubei Dawei Assets Appraisal Co. Ltd. from December 1999 to August 2005; and a partner of each of Shenzhen Cexin Hongye Certified Public Accountants and Shenzhen Guotai Certified Public Accountants from August 2005 to October 2021. Mr. Zhang is a Chinese certified public accountant and appraiser, with securities practitioner and fund practitioner qualifications. Mr. Zhang graduated from the Zhongnan University of Economics and Law and is currently studying in an EMBA program at the National Tsing Hua University in Hsinchu City, Taiwan. Reported Earnings • Apr 26
Full year 2022 earnings released: CN¥0.007 loss per share (vs CN¥0.015 loss in FY 2021) Full year 2022 results: CN¥0.007 loss per share (improved from CN¥0.015 loss in FY 2021). Revenue: CN¥591.7m (down 19% from FY 2021). Net loss: CN¥48.5m (loss narrowed 52% from FY 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Jan 13
New Focus Auto Tech Holdings Limited Announces Executive Changes The board of directors of New Focus Auto Tech Holdings Limited announced that with effect from 12 January 2023: Mr. Wang Zhenyu has resigned as a non-executive Director, a member of each of the audit committee (the Audit Committee) and strategy committee of the Company (the Strategy Committee) and the authorised representative of the Company (the Authorised Representative in Hong Kong) due to his intention to dedicate more effort to his other commitments; Mr. Zhang Jianxing has resigned as a non-executive Director, the chairman of the nomination committee (the Nomination Committee) and a member of the remuneration committee of the Company (the Remuneration Committee) due to his intention to dedicate more effort to his other commitments; Mr. Lin Lei has resigned as an independent non-executive Director, the chairman of the Strategy Committee and a member of each of the Audit Committee and Nomination Committee due to his intention to dedicate more effort to his other commitments; and Mr. Zhang Xiaoya has resigned as an independent non-executive Director and a member of each of the Remuneration Committee, Nomination Committee and Strategy Committee due to his intention to dedicate more effort to his other commitments. Each of the above resigned Directors has confirmed to the Board that he does not have any disagreements with the Board and there are no other matters with respect to his resignation that needs to be brought to the attention of the shareholders of the Company (the Shareholders) or The Stock Exchange of Hong Kong Limited (the Stock Exchange). The Board announced that each of Mr. Li Qingwen (Mr. Li) and Ms. Shi Jing (Ms. Shi) has been appointed as an independent non-executive Director with effect from 12 January 2023. The biographical details of Mr. Li and Ms. Shi are as follows: Mr. Li Qingwen, aged 67, has been the president of Carbingo Academy and Beijing Invisible Unicorn Information Science and Technology since 2017. Mr. Li was an independent director of Chongqing Changan Automobile Co. Ltd. from March 2016 to June 2022, and has been an independent director of each of Xuchang Yuandong Drive Shaft Co. Ltd. since June 2020 and Jiangsu Lopal Tech. Co., since March 2020. Mr. Li had served as Chairman of China Energy Auto Communication Group, a president of China Automotive News and a chief editor in The People's Daily (Marketing Department), Director and Deputy Director of the General Office of the People's Government of Heilongjiang Province. Mr. Li graduated from Harbin Engineering University and received a master's degree in economics. Mr. Li will hold office until the next annual general meeting of the Company and will be eligible for and subject to re-election at such meeting, and thereafter he will be subject to retirement by rotation and re-election in accordance with the articles of association of the Company. Ms. Shi Jing, aged 45, has been the investment and financing director and the general manager of financing management center of Vitech Co. Ltd. successively since April 2021. She had also worked at Beijing Zhong Ke San Huan Hi-Tech Co Ltd. from 2002 to 2015. Ms. Shi has extensive experience in the manufacturing industry and is an expert in industrial product development, production and domestic and international sales. Ms. Shi obtained a bachelor's degree in English language and literature and master's degree in law from Minzu University of China in July 1999 and July 2002, respectively. Ms. Shi will hold office until the next annual general meeting of the Company and will be eligible for and subject to re-election at such meeting, and thereafter she will be subject to retirement by rotation and re-election in accordance with the articles of association of the Company. The Board further announced that Mr. Tong Fei has been appointed as the acting chairman of the Company following the resignation of Mr. Zhang Jianxing. The composition of the various Board committees of the Company will be changed as follows: Tong Fei as Member of Remuneration Committee and Chairman of Nomination Committee; Li Qingwen as member of Audit Committee and Nomination Committee; Shi Jing as member of Audit Committee, Remuneration Committee and Nomination Committee. The Board has also resolved to dissolve the Strategy Committee with effect from 12 January 2023. The Board further announced that with effect from 12 January 2023, Mr. Tsang Yu Hoi has been appointed as the Authorised Representative in Hong Kong following the resignation of Mr. Wang Zhenyu. Announcement • Dec 22
New Focus Auto Tech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 616.509416 million. New Focus Auto Tech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 616.509416 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,449,312,134
Price\Range: HKD 0.059
Transaction Features: Subsequent Direct Listing Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Executive Director Fei Tong was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
First half 2022 earnings released: CN¥0.003 loss per share (vs CN¥0.005 loss in 1H 2021) First half 2022 results: CN¥0.003 loss per share (up from CN¥0.005 loss in 1H 2021). Revenue: CN¥247.8m (down 36% from 1H 2021). Net loss: CN¥18.5m (loss narrowed 50% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Aug 18
New Focus Auto Tech Holdings Limited to Report First Half, 2022 Results on Aug 30, 2022 New Focus Auto Tech Holdings Limited announced that they will report first half, 2022 results on Aug 30, 2022 Board Change • Aug 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Executive Director Fei Tong was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2021 earnings released: CN¥0.014 loss per share (vs CN¥0.069 loss in FY 2020) Full year 2021 results: CN¥0.014 loss per share (up from CN¥0.069 loss in FY 2020). Revenue: CN¥728.1m (down 20% from FY 2020). Net loss: CN¥103.8m (loss narrowed 78% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 03
First half 2021 earnings released: CN¥0.005 loss per share (vs CN¥0.06 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: CN¥385.4m (up 1.6% from 1H 2020). Net loss: CN¥37.1m (loss narrowed 91% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥911.7m (down 48% from FY 2019). Net loss: CN¥466.7m (loss widened 192% from FY 2019). Announcement • Mar 18
New Focus Auto Tech Holdings Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 New Focus Auto Tech Holdings Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Reported Earnings • Sep 27
First half earnings released Over the last 12 months the company has reported total losses of CN¥529.1m, with earnings decreasing by CN¥564.7m from the prior year. Total revenue was CN¥1.08b over the last 12 months, down 44% from the prior year. Announcement • Aug 15
New Focus Auto Tech Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020 New Focus Auto Tech Holdings Limited announced that they will report first half, 2020 results on Aug 31, 2020 Announcement • Aug 07
New Focus Auto Tech Holdings Limited Appoints Zhao Yufeng as Chief Executive Officer The board of directors of New Focus Auto Tech Holdings Limited announced that Mr. Zhao Yufeng ("Mr. Zhao") has been appointed as the Chief Executive Officer of the Company with effect from 6 August 2020. The Board believes that Mr. Zhao is a suitable candidate for this position given his knowledge and experience. The biographical details of Mr. Zhao are set out as below: Mr. Zhao, Prior to joining the Group, he served successively as a vice president of Shanghai investment banking department and the general manager of Over- The-Counter department No. 5 of Jianghai Securities Co. Ltd., and the general manager and chairman of Shanghai Guofu Guangqi Cloud Computing Technology Co. Ltd. Mr. Zhao has extensive knowledge and experience in financial management and capital operation.