Fullshare (0607.HK HKSE) falls 23% to HK$1.26 on 24 Feb 2026: valuation in focus

Fullshare Holdings (0607.HK) plunged 23.17% to HK$1.26 at market close in Hong Kong on 24 Feb 2026, ranking it among the HKSE top losers today. The move came on volume of 4,223,100 shares as the stock gapped from a previous close of HK$1.64, amplifying short-term selling pressure on a company that trades well below its year high of HK$1.95. The 0607.HK stock decline reflects both weak earnings metrics — EPS -8.30 and PE -0.19 — and a stretched enterprise value versus book metrics, raising fresh questions on liquidity and valuation for investors

Price action and drivers for 0607.HK stock

Fullshare (0607.HK) lost 23.17% intraday to HK$1.26 on 24 Feb 2026, after opening at HK$1.27 and trading between HK$1.16 and HK$1.32. The share move outpaced the Industrials sector and came with a volume of 4,223,100 versus a 50-day average volume of 5,101,403, signalling conviction behind the sell-off. Market participants cited weak recent financials and sector rotation away from highly leveraged industrial names as the likely drivers

Fundamentals and valuation

Fullshare reports EPS -8.30 and a negative PE of -0.19, while price-to-book sits at 0.09 and price-to-sales at 0.03, reflecting deep value on book metrics but uneasy profitability. The balance sheet shows debt-to-equity 1.42 and a current ratio of 1.11, which point to leverage risk despite substantial tangible assets (tangible book value per share HK$22.81). Investors should weigh low market multiples against weak profitability and return on equity -57.00% when assessing 0607.HK stock

Technical and volume read

Technically, the stock sits above its 200-day average (HK$0.44) but the 50-day average (HK$0.74) has already been breached in recent sessions; the recent spike pushed the ADX to 55.39, indicating a strong trend. Momentum indicators show short-term oversold conditions (CCI -250.56, Stochastic %K 20.30), but on-balance volume remains elevated, suggesting distribution rather than accumulation

Meyka grade and forecast for 0607.HK stock

Meyka AI rates 0607.HK with a score of 67.43 out of 100 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly target of HK$1.70 (implied upside 34.92% vs current HK$1.26) and a yearly figure of HK$0.07 (implied downside -94.36%). Forecasts are model-based projections and not guarantees; they reflect short-term momentum and long-term mean-reversion scenarios

Risks, catalysts and sector context

Key risks include continued negative earnings, high receivables days (DSO 198.00) and interest coverage at -8.58, which increases refinancing and cashflow risk. Potential catalysts would be asset disposals, clearer earnings guidance ahead of the expected earnings announcement on 26 Mar 2026, or improved results from the company’s property and investment segments. Compared with the Hong Kong Industrials sector (avg PE 15.80, avg PB 1.50), Fullshare’s valuation is anomalous and price action is likely to remain volatile

Analyst outlook and price targets

Third-party company ratings as of 23 Feb 2026 show a company score of C with a sell bias, but the stock’s low PB ratio and large tangible asset base attract value-oriented interest. Realistic near-term price targets cluster between HK$0.40 and HK$2.00 depending on scenario — conservative recovery to HK$0.40 and optimistic short-term bounce near HK$1.70. Given the disparity, we advise monitoring cashflow updates and the earnings release due next month

Final Thoughts

Fullshare Holdings (0607.HK) finished the Hong Kong session on 24 Feb 2026 as a top loser, sliding 23.17% to HK$1.26 on above-average volume. The drop reflects a mix of stretched earnings, negative profitability metrics and leverage concerns despite low market multiples versus book. Our analysis flags the company’s debt-to-equity 1.42, EPS -8.30, and sizable tangible book per share (HK$22.81) as the central datapoints driving investor caution. Meyka AI’s model shows a short-term recovery path to HK$1.70 (implied 34.92% upside) but also a very conservative yearly projection of HK$0.07 (implied -94.36% downside); these illustrate wide scenario risk. For Hong Kong investors, the key watch items are the earnings update on 26 Mar 2026, cashflow trends and any asset-liability restructuring. Use the 0607.HK stock moves as a catalyst to re-check position sizing and stop-loss discipline; the mismatch between book value and earnings creates both opportunity and material risk for portfolios

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.