SEHK:8198IT
Crypto Flow Technology (SEHK:8198) Stock Faces Deepening Losses Behind A Rich Valuation
Crypto Flow Technology walked into this earnings day with a bruised chart and a premium tag. The stock closed at HK$1.105 on 28 August after a weak month and still trades on a rich 18.6x P/S compared with much cheaper Hong Kong IT peers. The headline this time is not growth but strain. Revenue for the first half of 2026 was HK$21.222 million, while the company booked a net loss of HK$54.019 million and a basic loss per share of HK$0.0752. The gap between valuation and ongoing losses is now...