Hang Feng Technology Innovation Co Ltd

FOFOIndustrials·Consulting Services·Hong Kong·Nano·NASD·Nov 11 • 3:59 PM ET

1.78-0.02 (-1.11%)

2026-11-11 22:47 CET

Market cap

20.83 USD m

Revenue, TTM

0.17 USD m

Net income, TTM

-1.35 USD m

Free cash flow, TTM

-0.24 USD m

EPS diluted, TTM

-0.18

P/E

Compare

Price

FOFO against its 20, 50 and 200-day averages

2050200

88.1% under the 52-week high of 14.93 on 3 Dec 2025. 52-week low 1.58 on 2 Nov 2026. Last 15 sessions, 33.5% high to low

Volume 0.06× normal · the line is the 50-bar volume average

Profile

FOFO

52-week range, 1% of the way up

1.5814.93

Hang Feng Technology Innovation Co., Ltd. is a holding company, which engages in the provision of corporate management consulting and asset management services. It provides the following services through its subsidiaries: Management Consulting, Regulatory Compliance and Governance Consulting. The company was founded on October 15, 2024 and is headquartered in Hong Kong.

Employees	14
IPO	Sep 12, 2025
Beta	-3.61
ATR, 14d	0.15
Rel volume	0.06
Short float	0.08%
Insider own	73.84%
Inst own	0.72%

Snapshot

6 groups

Valuation

Index	-
Market Cap	20.60M
Enterprise Value	19.77M
Income	-1.35M
Sales	0.17M
Book/sh	0.13
Cash/sh	0.07
Dividend Est.	-
Dividend TTM	-
Dividend Ex-Date	-
Dividend Gr. 3/5Y	- -
Payout	-
Employees	14
IPO	Sep 12, 2025

Ratios

P/E	-
Forward P/E	-
PEG	-
P/S	121.17
P/B	13.71
P/C	24.52
P/FCF	-
EV/EBITDA	-
EV/Sales	116.29
Quick Ratio	36.70
Current Ratio	36.70
Debt/Eq	0.01
LT Debt/Eq	0.00
Option/Short	No / Yes

Earnings

EPS (ttm)	-0.18
EPS next Y	-
EPS next Q	-
EPS this Y	-
EPS next Y	-
EPS next 5Y	-
EPS past 3/5Y	-223.69% -
Sales past 3/5Y	342.26% -
EPS Y/Y TTM	-719.51%
Sales Y/Y TTM	-56.37%
EPS Q/Q	-250.00%
Sales Q/Q	-72.81%
Earnings	-
EPS/Sales Surpr.	- -

Ownership

Insider Own	73.84%
Insider Trans	0.00%
Inst Own	0.72%
Inst Trans	58.19%
ROA	-164.41%
ROE	-170.19%
ROIC	-131.59%
Gross Margin	94.00%
Oper. Margin	-824.10%
Profit Margin	-771.22%
SMA20	-6.15%
SMA50	-10.51%
SMA200	-42.05%
Trades	-

Technical

Shs Outstand	3.87M
Shs Float	3.03M
Short Float	0.08%
Short Ratio	0.02
Short Interest	0.00M
52W High	14.93 -88.08%
52W Low	1.58 12.66%
Volatility	6.64% 6.85%
ATR (14)	0.15
RSI (14)	42.18
Beta	-3.61
Rel Volume	0.06
Avg Volume	142.28K
Volume	8,836

Performance

Perf Week	7.88%
Perf Month	-16.04%
Perf Quarter	-29.64%
Perf Half Y	-27.35%
Perf YTD	-81.59%
Perf Year	-85.62%
Perf 3Y	-
Perf 5Y	-
Perf 10Y	-
Recom	-
Target Price	-
Prev Close	1.80
Price	1.78
Change %	-1.11%

Peers

Mkt cap

Ticker	Company	Mkt cap
GRNQ	Greenpro Capital Corp	13.27M
ACCL	Acco Group Holdings Ltd	33.20M
EGG	Enigmatig Ltd	165.23M
INTJ	Intelligent Group Ltd	4.95M
DGNX	Diginex Ltd	34.95M
ROMA	Roma Green Finance Ltd	373.47M
VCIG	VCI Global Ltd	2.56M
MEGL	Magic Empire Global Ltd	8.57M
BMHL	Bluemount Holdings Ltd	77.83M
GSIW	Garden Stage Ltd	107.03M

Ticker

Company

Mkt cap

GRNQ

Greenpro Capital Corp

13.27M

ACCL

Acco Group Holdings Ltd

33.20M

EGG

Enigmatig Ltd

165.23M

INTJ

Intelligent Group Ltd

4.95M

DGNX

Diginex Ltd

34.95M

ROMA

Roma Green Finance Ltd

373.47M

VCIG

VCI Global Ltd

2.56M

MEGL

Magic Empire Global Ltd

8.57M

BMHL

Bluemount Holdings Ltd

77.83M

GSIW

Garden Stage Ltd

107.03M

Key figures

Revenue, TTM	0.17
Net income, TTM	-1.35
EPS diluted, TTM	-0.18
EBIT, TTM	-1.44
Free cash flow, TTM	-0.24
Gross margin	94.00%
Operating margin	-824.10%
Net margin	-771.22%
Market cap	20.83
P/E	-
Sales Y/Y, TTM	-56.37%

USD millions. TTM from the statement feed.

Quarterly earnings

actual against estimate

Period	Reported	EPS act	EPS est	EPS rep	Sales act	Sales est	Analysts
No quarterly earnings.

Period

Reported

EPS act

EPS est

EPS rep

Sales act

Sales est

Analysts

No quarterly earnings.

Annual earnings

Period	EPS act	EPS est	EPS rep	Sales act	Sales est
No annual earnings.

Period

EPS act

EPS est

EPS rep

Sales act

Sales est

No annual earnings.

Estimate revisions

last 14 periods

Period	Type	Date	Estimates	Up	Down	Mean	Low	High
No estimate revisions.

Period

Type

Date

Estimates

Down

Mean

Low

High

No estimate revisions.

Estimate history

Period	2023	2024	2025
EPS, annual	-0.016	0.015	-0.162
EPS, quarterly
Period
Sales, annual	0.015	0.26	0.299
Period	2023	2024	2025
Sales, quarterly
Period
Shares, annual	7.571	7.571	7.571
Period	2023	2024	2025
Shares, quarterly
Period

Income statement, annual

Currency USD, millions
Metric	TTM	2025FY	2024FY	2023FY
Total Revenue	0.17	0.30	0.26	0.02
Cost of Goods Sold Incl. D&A	0.01	0.01	0.00	0.00
Gross Profit	0.16	0.29	0.26	0.02
Selling, General and Administrative Excl. Other	1.60	1.54	0.13	0.15
Research and Development	1.16	1.15	-	-
Other Operating Expense	0.00	0.00	0.00	0.00
Operating Income	-1.44	-1.25	0.13	-0.14
Interest Expense	0.00	0.00	-	-
Unusual Expense	0.00	0.00	0.00	0.00
Net Income Before Taxes	-1.37	-1.24	0.13	-0.14
Income Taxes	-0.03	-0.01	0.02	-0.02
Consolidated Net Income	-1.35	-1.23	0.11	-0.12
Net Income From Continuing Operations	-1.35	-1.23	0.11	-0.12
Net Income	-1.35	-1.23	0.11	-0.12
EPS (Recurring)	-0.18	-0.16	0.01	-0.02
EPS (Basic, Before Extraordinaries)	-0.18	-0.16	0.01	-0.02
EPS (Diluted)	-0.18	-0.16	0.01	-0.02
EBITDA	-1.43	-1.25	0.13	-0.14
Non-Operating Income (Expense)	0.06	0.01	0.00	-0.00
Other After Tax Adjustments	0.00	0.00	0.00	0.00
Price To Sales Ratio	138.13	245.16	-	-
Gross Margin	94.00	98.16	99.58	98.43
Operating Margin	-824.10	-418.90	48.42	-896.56
Net Margin	-771.22	-411.82	42.71	-768.97
Shares Outstanding	7.87	7.57	7.57	7.57
Market Capitalization	20.83	20.83	-	-

Income statement, quarterly

Currency USD, millions
Metric	2026S1	2025S2	2025S1	2024S2	2024S1
Total Revenue	0.05	0.13	0.17	0.23	0.03
Cost of Goods Sold Incl. D&A	0.01	0.00	0.00	0.00	0.00
Gross Profit	0.04	0.12	0.17	0.23	0.03
Selling, General and Administrative Excl. Other	0.17	1.44	0.11	0.04	0.09
Research and Development	0.01	1.15	-	-	-
Other Operating Expense	0.00	0.00	0.00	0.00	0.00
Operating Income	-0.13	-1.31	0.06	0.19	-0.06
Interest Expense	0.00	0.00	0.00	-	-
Unusual Expense	0.00	0.00	0.00	0.00	0.00
Net Income Before Taxes	-0.08	-1.29	0.06	0.19	-0.06
Income Taxes	-0.01	-0.02	0.01	0.02	0.00
Consolidated Net Income	-0.07	-1.28	0.05	0.17	-0.06
Net Income From Continuing Operations	-0.07	-1.28	0.05	0.17	-0.06
Net Income	-0.07	-1.28	0.05	0.17	-0.06
EPS (Recurring)	-0.01	-0.17	0.01	0.02	-0.01
EPS (Basic, Before Extraordinaries)	-0.01	-0.17	0.01	0.02	-0.01
EPS (Diluted)	-0.01	-0.17	0.01	0.02	-0.01
EBITDA	-0.12	-1.31	0.06	0.19	-0.06
Non-Operating Income (Expense)	0.05	0.02	-0.00	0.00	-0.00
Price To Sales Ratio	138.13	245.14	-	-	-
Gross Margin	88.16	96.11	99.70	99.57	99.64
Operating Margin	-274.09	-1,022.76	36.14	80.74	-193.25
Net Margin	-152.56	-994.67	27.38	74.27	-193.28
Shares Outstanding	7.87	7.57	7.57	7.57	7.57
Market Capitalization	20.83	25.36	-	-	-

Balance sheet, annual

Currency USD, millions
Metric	2025FY	2024FY	2023FY
Cash & Short Term Investments	0.95	0.33	0.01
Short Term Receivables	0.01	0.39	0.00
Inventories	0.00	0.00	0.00
Other Current Assets	0.01	0.02	0.02
Total Current Assets	0.98	0.74	0.03
Net Property, Plant & Equipment	0.02	0.00	0.00
Total Investments and Advances	0.07	0.00	0.00
Long-Term Note Receivable	-	0.00	0.00
Intangible Assets	0.03	0.03	0.00
Deferred Tax Assets	0.03	0.02	0.02
Other Assets	0.00	0.00	0.00
Total Assets	1.14	0.80	0.05
Short Term Debt Incl. Current Port. of LT Debt	0.01	0.18	0.40
Accounts Payable	0.01	0.01	0.00
Income Tax Payable	0.01	0.01	0.00
Other Current Liabilities	0.00	0.08	0.01
Total Current Liabilities	0.03	0.27	0.41
Long Term Debt	0.01	0.00	0.00
Provision for Risks Charges	0.00	0.00	0.00
Other Liabilities	0.00	0.00	0.00
Total Liabilities	0.04	0.27	0.41
Non-Equity Reserves	0.00	0.00	0.00
Preferred Stock - Carrying Value	0.00	0.00	0.00
Common Equity	1.10	0.52	-0.36
Total Shareholders Equity	1.10	0.52	-0.36
Accumulated Minority Interest	0.00	0.00	0.00
Total Equity	1.10	0.52	-0.36
Total Liabilities & Stockholders Equity	1.14	0.80	0.05
Book Value Per Share	0.15	0.07	-0.05
Tangible Book Value Per Share	0.14	0.06	-0.05
Full-Time Employees	14	13	14
Price to Book Ratio	13.86	-	-
Return on Assets	-127.31	26.09	-
Return on Equity	-151.59	134.05	-
Return on Invested Capital	-111.24	21.20	-
Quick Ratio	32.97	2.71	0.08
Current Ratio	32.97	2.71	0.08

Cash flow, annual

Currency USD, millions
Metric	TTM	2025FY	2024FY	2023FY
Net Income	-1.35	-1.23	0.11	-0.12
Depreciation	0.01	0.01	0.00	0.00
Other Funds (Non Cash)	1.16	1.15	-0.00	0.00
Funds from Operations	-0.18	-0.08	0.11	-0.12
Extraordinary Item	0.00	0.00	0.00	0.00
Changes in Working Capital	-0.06	-0.07	0.06	-0.03
Income Taxes Payable	-0.03	-0.01	0.02	-0.02
Cash from Operating Activities	-0.24	-0.15	0.17	-0.14
Capital Expenditures	-0.00	-0.00	-0.01	0.00
Net Assets From Acquisitions	0.00	0.00	0.00	0.00
Sale of Fixed Assets and Businesses	0.00	0.00	0.01	0.00
Purchase or Sale of Investments	-0.07	-0.07	0.00	0.00
Purchase of Investments	-0.07	-0.07	0.00	0.00
Sale Or Maturity of Investments	0.00	0.00	0.00	0.00
Other Uses	-0.83	-0.02	0.00	0.00
Other Sources	0.81	0.00	0.00	0.00
Cash from Investing Activities	-0.10	-0.10	0.01	0.00
Cash Dividends Paid	0.00	0.00	0.00	0.00
Change in Capital Stock	0.32	0.66	0.38	0.00
Repurchase of Common Pref Stock	0.00	0.00	0.00	0.00
Sale of Common Pref Stock	0.32	0.66	0.38	0.00
Proceedsfrom Stock Options	0.32	0.66	0.38	0.00
Issuance or Reduction of Debt, Net	0.01	-0.17	-0.25	0.15
Change in Long Term Debt	0.00	0.00	0.00	0.00
Issuance of Long Term Debt	0.00	0.00	0.00	0.00
Reduction of Long Term Debt	0.00	0.00	0.00	0.00
Net Financing Active Other Cash Flow	0.38	0.38	0.00	0.00
Other Financing Activities Uses	0.00	0.00	0.00	0.00
Cash from Financing Activities	0.71	0.87	0.13	0.15
Exchange Rate Effect	0.00	0.00	0.00	0.00
Net Change in Cash	0.37	0.63	0.32	0.01
Free Cash Flow	-0.24	-0.15	0.17	-0.14
Preferred Dividends (Cash Flow)	-	0.00	0.00	0.00
Deferred Taxes & Investment Tax Credit	-	0.00	0.00	0.00

Balance sheet, quarterly

Currency USD, millions
Metric	2026S1	2025S2	2025S1	2024S2	2024S1
Cash & Short Term Investments	0.84	0.95	0.47	0.33	-
Short Term Receivables	0.01	0.01	0.02	0.39	-
Inventories	0.00	0.00	0.00	0.00	-
Other Current Assets	0.04	0.01	0.00	0.02	-
Total Current Assets	0.89	0.98	0.50	0.74	-
Net Property, Plant & Equipment	0.01	0.02	0.00	0.00	-
Total Investments and Advances	0.07	0.07	0.00	0.00	-
Intangible Assets	0.03	0.03	0.03	0.03	-
Deferred Tax Assets	0.03	0.03	0.01	0.02	-
Other Assets	0.00	0.00	0.05	0.00	-
Total Assets	1.05	1.14	0.59	0.80	-
Short Term Debt Incl. Current Port. of LT Debt	0.01	0.01	0.00	0.18	-
Accounts Payable	0.00	0.01	0.00	0.01	-
Income Tax Payable	0.01	0.01	0.01	0.01	-
Other Current Liabilities	0.00	0.00	0.02	0.08	-
Total Current Liabilities	0.02	0.03	0.03	0.27	-
Long Term Debt	0.00	0.01	0.00	0.00	-
Other Liabilities	0.00	0.00	0.00	0.00	-
Total Liabilities	0.03	0.04	0.03	0.27	-
Non-Equity Reserves	0.00	0.00	0.00	0.00	-
Preferred Stock - Carrying Value	0.00	0.00	0.00	0.00	-
Common Equity	1.02	1.10	0.56	0.52	-
Total Shareholders Equity	1.02	1.10	0.56	0.52	-
Accumulated Minority Interest	0.00	0.00	0.00	0.00	-
Total Equity	1.02	1.10	0.56	0.52	-
Total Liabilities & Stockholders Equity	1.05	1.14	0.59	0.80	-
Book Value Per Share	0.13	0.15	0.07	0.07	-
Tangible Book Value Per Share	0.13	0.14	0.07	0.06	-
Price to Book Ratio	13.86	23.08	-	-	-
Return on Assets	-164.41	-127.25	-	-	-
Return on Equity	-170.19	-151.52	-	-	-
Return on Invested Capital	-6.91	-115.41	8.32	32.59	-
Quick Ratio	36.70	32.97	16.55	2.71	-
Current Ratio	36.70	32.97	16.55	2.71	-

Cash flow, quarterly

Currency USD, millions
Metric	2026S1	2025S2	2025S1	2024S2	2024S1
Net Income	-0.07	-1.28	0.05	0.17	-0.06
Depreciation	0.01	0.00	0.00	0.00	0.00
Other Funds (Non Cash)	0.01	1.15	0.00	-0.00	0.00
Funds from Operations	-0.06	-0.12	0.05	0.17	-0.06
Extraordinary Item	0.00	0.00	0.00	0.00	0.00
Changes in Working Capital	-0.04	-0.02	-0.05	0.06	0.00
Income Taxes Payable	-0.01	-0.02	0.01	0.02	0.00
Cash from Operating Activities	-0.10	-0.14	-0.01	0.23	-0.06
Capital Expenditures	0.00	-0.00	0.00	-0.01	0.00
Net Assets From Acquisitions	0.00	0.00	0.00	0.00	0.00
Sale of Fixed Assets and Businesses	0.00	0.00	0.00	0.01	0.00
Purchase or Sale of Investments	0.00	-0.07	0.00	0.00	0.00
Purchase of Investments	0.00	-0.07	0.00	0.00	0.00
Sale Or Maturity of Investments	0.00	0.00	0.00	0.00	0.00
Other Uses	-0.81	-0.02	0.00	0.00	0.00
Other Sources	0.81	0.00	0.00	0.00	0.00
Cash from Investing Activities	0.00	-0.10	0.00	0.01	0.00
Cash Dividends Paid	0.00	0.00	0.00	0.00	0.00
Preferred Dividends (Cash Flow)	0.00	0.00	0.00	0.00	0.00
Change in Capital Stock	0.00	0.32	0.34	0.39	0.00
Repurchase of Common Pref Stock	0.00	0.00	0.00	0.00	0.00
Sale of Common Pref Stock	0.00	0.32	0.34	0.39	0.00
Proceedsfrom Stock Options	0.00	0.32	0.34	0.39	0.00
Issuance or Reduction of Debt, Net	0.00	0.01	-0.17	-0.30	0.05
Change in Long Term Debt	0.00	0.00	0.00	0.00	0.00
Issuance of Long Term Debt	0.00	0.00	0.00	0.00	0.00
Reduction of Long Term Debt	0.00	0.00	0.00	0.00	0.00
Net Financing Active Other Cash Flow	0.00	0.38	0.00	0.00	0.00
Other Financing Activities Uses	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activities	0.00	0.71	0.16	0.08	0.05
Exchange Rate Effect	-0.00	0.00	-0.00	0.00	-0.00
Net Change in Cash	-0.10	0.48	0.15	0.32	-0.01
Free Cash Flow	-0.10	-0.14	-0.01	0.23	-0.06

Revenue breakdown

Services-Management Consulting Services	2024: 2.03M 2025: 2.33M
Hong Kong	2024: 2.03M 2025: 2.33M

Short interest

shares short against float, oldest to newest

Settlement	Of float	Shares short	Float	Avg volume
2026-10-30	0.08%	0.0M	3.0M	142.80K
2026-10-15	0.69%	0.0M	3.0M	145.09K
2026-09-30	1.24%	0.0M	3.0M	145.72K
2026-09-15	0.02%	0.0M	3.0M	58.13K
2026-08-31	0.07%	0.0M	3.0M	212.37K
2026-08-14	0.18%	0.0M	3.0M	237.27K
2026-07-31	0.28%	0.0M	3.0M	243.02K
2026-07-15	0.36%	0.0M	3.0M	256.29K
2026-06-30	0.17%	0.0M	3.0M	252.92K
2026-06-15	0.99%	0.0M	3.0M	212.63K
2026-05-29	1.51%	0.0M	3.0M	60.12K
2026-05-15	0.35%	0.0M	3.0M	49.29K
2026-04-30	0.67%	0.0M	3.0M	46.53K
2026-04-15	0.07%	0.0M	3.0M	35.21K
2026-03-31	-	0.0M	-	48.62K
2026-03-13	-	0.0M	-	47.84K
2026-02-27	-	0.0M	-	55.71K
2026-02-13	-	0.0M	-	49.85K
2026-01-30	-	0.0M	-	55.68K
2026-01-15	-	0.0M	-	66.23K

Option chain

expiry 2026-11-11

Type	Strike	Bid	Ask	Last	IV	Open int	Volume	Delta	Theta	Vega
No option chain for this symbol.

Type

Strike

Bid

Ask

Last

Open int

Volume

Delta

Theta

Vega

No option chain for this symbol.

Latest SEC filings

Filed	Form	Description	Period	Link
2026-10-14	EFFECT	Effectiveness filing by commission order		SEC
2026-10-06	F-3	Registration statement for specified transactions by certain foreign private issuers		SEC
2026-09-04	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-06-30	SEC
2026-06-12	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-06-12	SEC
2026-05-04	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-05-01	SEC
2026-04-16	20-F	Registration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.	2025-12-31	SEC
2026-03-31	3	Initial statement of beneficial ownership of securities	2026-03-18	SEC
2026-03-24	3	Initial statement of beneficial ownership of securities	2026-03-18	SEC
2026-03-18	3	Initial statement of beneficial ownership of securities	2026-03-18	SEC
2026-03-18	3	Initial statement of beneficial ownership of securities	2026-03-18	SEC
2026-03-18	3	Initial statement of beneficial ownership of securities	2026-03-18	SEC
2026-01-28	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-01-28	SEC
2025-11-14	S-8	Initial registration statement for securities to be offered to employees pursuant to employee benefit plans		SEC
2025-11-03	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2025-11-03	SEC
2025-10-24	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2025-10-24	SEC
2025-10-24	SCHEDULE 13D			SEC
2025-09-16	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2025-09-16	SEC
2025-09-12	EFFECT	Effectiveness filing by commission order		SEC
2025-09-12	CERT			SEC
2025-09-12	424B4			SEC
2025-09-09	CORRESP			SEC
2025-09-09	8-A12B			SEC
2025-09-09	CORRESP			SEC
2025-08-29	F-1/A			SEC
2025-08-11	FWP	Filing under Securities Act Rule 163/433 of free writing prospectuses.		SEC
2025-08-11	CORRESP			SEC
2025-08-11	F-1/A			SEC
2025-08-07	UPLOAD	Upload Submission		SEC
2025-07-25	FWP	Filing under Securities Act Rule 163/433 of free writing prospectuses.		SEC
2025-07-25	F-1/A			SEC

Filed

Form

Description

Period

Link

2026-10-14

EFFECT

Effectiveness filing by commission order

Month	Bought	Buys	Sold	Sells
2026-11	0	0	0	0
2026-10	0	0	0	0
2026-09	0	0	0	0
2026-08	0	0	0	0
2026-07	0	0	0	0
2026-06	0	0	0	0
2026-05	0	0	0	0
2026-04	0	0	0	0
2026-03	0	0	0	0
2026-02	0	0	0	0
2026-01	0	0	0	0
2025-12	0	0	0	0
2025-11	0	0	0	0

Manager	% owned
HRT FINANCIAL LP	0.63%
XTX Topco Ltd	0.31%
NOMURA HOLDINGS INC	0.13%
UBS Group AG	0.00%