Subscribe

Bitfire Group Holdings Limited (1611.HK)

HKD2.06 -0.02 (-0.96%)
HK HKSE Technology Hardware, Equipment & Parts
Address Room 4201–5 42/F
Hong Kong, HK, HK
CEO Xiaoqi Weng
IPO 2016-11-23
ISIN VGG4671J1012

Explore sections of this company profile

Description

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. In addition, the company is involved in trading of cryptocurrency; and provision of consultancy services. The company was formerly known as Sinohope Technology Holdings Limited and changed its name to Bitfire Group Holdings Limited in March 2026. Bitfire Group Holdings Limited was incorporated in 1990 and is headquartered in Central, Hong Kong.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
HKD2.06 -0.02 (-0.96%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
1M
Beta
1.32
Float Shares
536.72M
Free Float %
100.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.84% -6.17% -18.08% -7.39% -37.35% -15.81% +19.66% +0.47% -85.99% +35.67% +35.67%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2.06
DCF (Unlevered) 14.25 +591.8%
DCF (Levered) 9.73 +372.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
13.43
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Hardware, Equipment & Parts: +10.0%
    +451.9% Q1'26: +199.8% (vs Q1'24)
  • EPS growth Hardware, Equipment & Parts: +20.2%
    -114.3% Q1'26: -257.1% (vs Q1'24)
  • FCF margin FCF growth · Hardware, Equipment & Parts: +27.1%
    -0.1% Q1'26: +3.0% (vs Q1'24)
  • EBIT margin Hardware, Equipment & Parts: +8.7%
    -0.9% Q1'26: -4.9% (vs Q1'24)
  • ROIC Hardware, Equipment & Parts: +5.7%
    -53.0% Q1'26: -79.6% (vs Q1'24)
  • Share dilution Hardware, Equipment & Parts: +0.0%
    +14.9% Q1'26: +61.5% (vs Q1'24)
  • Debt / EBITDA Net debt/EBITDA · Hardware, Equipment & Parts: -0.70×
    -6.48× Q1'26: -0.94× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.28) × ERP
WACC = 70% × Ke + 30% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 14.27 Current price: 2.06
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-28 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-27 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-26 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-22 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-21 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-20 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-19 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-18 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-15 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-14 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-13 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-12 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-11 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-08 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-07 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-06 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-126.07M
OE per share TTM
-0.34
Owner's Yield
-9.70%
Maintenance CapEx ratio
2,669.89%
Maint CapEx / Avg PPE
1.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 7 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X - Blockchain ETF BKCH 0.26% 605.3K 0.50%
2 Global X - Blockchain UCITS ETF BKCH.L 0.25% 200.2K 0.50%
3 Dimensional - International Small Cap ETF DFIS 0.00% 101.2K 0.39%
4 Dimensional - International Core Equity 2 ETF DFIC 0.00% 20.5K 0.22%
5 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 15.8K 0.28%
6 Dimensional - International Vector Equity ETF DXIV 0.00% 136.97 0.53%
7 Dimensional - International Core Equity Market ETF DFAI 0.00% 0.18%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-464.7K
Shares Outstanding
536.72M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Li Zhang Chief Financial Officer & Executive Director 1M female
Xiaoqi Weng Chief Executive Officer & Executive Director 215.0K male
George Chow Vice President of International Corporate Finance male
Yue Xing Chief Operating Officer male
Zhenzhen Zhang Group Financial Controller female
Wenbin Guo Chief Technology Officer male
Pong Tsang Company Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits