High Templar Tech Limited American depositary shares each representing one Class A ordinary share (HTT)

FairStock Score: 48/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am looking for a business I can understand, with durable competitive advantages, honest accounting, and a margin of safety. High Templar Tech is a small China-based financial services and aircraft leasing operation with 101 employees. Its latest reported period, the fourth quarter of 2025, showed revenue of $3.2 million and a net loss of $163.1 million—a negative 5,160.09% margin. That loss is enormous against a $402.9 million market cap. The business quality looks poor: FairStock calculates ROE of 6.18% and ROCE of -1.63%, meaning capital is not being employed profitably. I see no obvious moat in aircraft leasing, fintech services, or R&D, and the FairStock Lynch category is 'none' because there are only 0 years of filed results, not the 3 needed. Financial health is weak, with a Piotroski F-Score of 2/9 and an Altman Z-Score of 1.89; the one modest positive is a debt-to-equity ratio of 0.14. Valuation looks superficially cheap at the 2026-10-13 close of $2.24: FairStock's P/B is 0.20, P/E is 3.56, and the Graham Number is $32.44, implying a 93.09% margin of safety. But Graham warned that low price-to-book can be a trap when assets are impaired or earnings are unreliable. The fourth-quarter 2025 loss makes the P/E and Graham Number suspect. FairStock Score 48/100 confirms a mediocre picture. Until several years of stable filed results appear, this remains a speculative deep-value candidate, not a proven bargain.

In plain English: High Templar Tech is a small China-based company that offers financial technology and aircraft leasing services. Its latest reported quarter, the fourth quarter of 2025, showed only $3.2 million of revenue and a $163.1 million net loss, so the business looks very weak. The stock price is low compared with its stated book value, but the huge losses make it hard to call the price safely cheap.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer