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FOFO

Hang Feng Technology Innovation Co., Ltd. Ordinary Shares

FOFO

Hang Feng Technology Innovation Co., Ltd. Ordinary Shares NASDAQ
$11.19 2.90% (+0.32)

Market Cap $76.89 M
52w High $68.00
52w Low $4.63
Dividend Yield 0%
P/E 50.86
Volume 36.99K
Outstanding Shares 6.87M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow

Five-Year Company Overview

Income Statement

Income Statement FOFO currently looks like a very early‑stage, pre‑revenue business. The available data shows essentially no meaningful revenue yet and no clear sign of a proven, profitable business model. That’s typical for young, newly listed companies in emerging niches, but it also means there is little historical performance to judge. For now, the story is more about future plans in digital assets and consulting than about past earnings or margins.


Balance Sheet

Balance Sheet The balance sheet information is extremely light, with only a small asset base reported and no visible debt. This suggests a very lean starting position, likely relying on fresh capital from the IPO rather than accumulated profits. The absence of clear cash and equity detail makes it hard to assess financial strength or resilience. In practice, FOFO looks like a thinly capitalized, early‑build platform rather than a mature asset manager with a deep balance sheet.


Cash Flow

Cash Flow Reported cash flows are essentially flat and not informative at this stage. That points to a company still ramping up operations, with little evidence yet of cash being generated from its core business. In this phase, FOFO is likely dependent on external funding—such as IPO proceeds—to cover operating and development costs. Until operating cash flows turn clearly positive, there is uncertainty about how quickly the business can support itself.


Competitive Edge

Competitive Edge FOFO is trying to stand out by mixing traditional corporate consulting and asset management with a strong tilt toward digital assets and blockchain. Its partnership with Animoca Brands is a notable strategic advantage, potentially giving it access to Web3, gaming, and NFT ecosystems that many traditional asset managers lack. However, this niche is highly competitive and rapidly changing, with regulatory questions and many larger, better‑funded players also chasing the same opportunity. FOFO’s edge will depend on how well it turns these partnerships into concrete products and trusted services, rather than just announcements.


Innovation and R&D

Innovation and R&D The company’s innovation story centers on stablecoin payment solutions, digital asset management, and planned use of artificial intelligence to enhance services. It positions itself as a bridge between classic finance and the new digital asset economy. That said, most of the technology detail is still conceptual: references to AI and fintech are high‑level, and we have limited insight into actual proprietary tools or intellectual property. The focus on partnerships, especially with Animoca Brands, suggests FOFO may lean more on collaboration and integration than on doing all the R&D in‑house.


Summary

FOFO is a very early‑stage, newly listed asset management and consulting firm that is betting heavily on digital assets, stablecoins, and fintech partnerships rather than on a long track record of earnings. Financial statements show almost no revenue, negligible operating history, and a very small asset base, so the company is best understood as a developing platform rather than a mature business. Its main strengths are its hybrid model (traditional advisory plus digital assets) and its strategic link with Animoca Brands, which could open doors in Web3 and blockchain finance. The main risks are the lack of proven financial performance, dependence on external funding, intense competition, and regulatory uncertainty in digital assets. Going forward, the key things to watch are concrete product launches, visible traction with clients, and clearer evidence that its fintech and AI ambitions translate into sustainable, cash‑generating operations.