Bitfire Group Holdings (1611) Stock Overview
An investment holding company, provides cryptocurrency trading and technology solution services in the People’s Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
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Bitfire Group Holdings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$2.01 |
| 52 Week High | HK$6.86 |
| 52 Week Low | HK$1.74 |
| Beta | 1.32 |
| 1 Month Change | 6.63% |
| 3 Month Change | 3.08% |
| 1 Year Change | -68.74% |
| 3 Year Change | 5.24% |
| 5 Year Change | -82.76% |
| Change since IPO | 28.03% |
Recent News & Updates
Recent updates
Shareholder Returns
| 1611 | HK Electronic | HK Market | |
|---|---|---|---|
| 7D | 1.5% | 0.4% | -0.3% |
| 1Y | -68.7% | 13.7% | -4.5% |
Return vs Industry: 1611 underperformed the Hong Kong Electronic industry which returned 13.7% over the past year.
Return vs Market: 1611 underperformed the Hong Kong Market which returned -4.5% over the past year.
Price Volatility
| 1611 volatility | |
|---|---|
| 1611 Average Weekly Movement | 7.4% |
| Electronic Industry Average Movement | 9.4% |
| Market Average Movement | 7.6% |
| 10% most volatile stocks in HK Market | 15.1% |
| 10% least volatile stocks in HK Market | 3.7% |
Stable Share Price: 1611 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 1611's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 178 | Xiaoqi Weng | www.bitfire.com |
Bitfire Group Holdings Limited, an investment holding company, provides cryptocurrency trading and technology solution services in the People’s Republic of China. It offers blockchain solutions; peripheral accessories, such as browser, faucet, and official website; and fundamental Dapps and software-as-a-service to customers in blockchain, virtual assets, fintech, and big data, as well as other technology sectors. The company also provides various services in virtual asset ecosystem, including asset management; centralized custodian services, including safekeeping, settlement, and other customized services; and MPC self-custody services, which include Wallet-as-a-Service, a set of MPC digital asset custody wallet infrastructure for Web3 developers.
Bitfire Group Holdings Limited Fundamentals Summary
| 1611 fundamental statistics | |
|---|---|
| Market cap | HK$1.54b |
| Earnings (TTM) | -HK$241.85m |
| Revenue (TTM) | HK$7.17b |
Is 1611 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1611 income statement (TTM) | |
|---|---|
| Revenue | HK$7.17b |
| Cost of Revenue | HK$7.11b |
| Gross Profit | HK$63.22m |
| Other Expenses | HK$305.07m |
| Earnings | -HK$241.85m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.32 |
| Gross Margin | 0.88% |
| Net Profit Margin | -3.37% |
| Debt/Equity Ratio | 50.5% |
How did 1611 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/10 13:00 |
| End of Day Share Price | 2026/09/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Bitfire Group Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.