QPL International Holdings (0243) AI Stock Analysis

• Market Cap: HK$83.74M
• Dividend Yield: N/A
• Average Volume (3M): 943.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: 2.01%
• EPS Growth: 66.16%
• Country: HK
• Employees: 706
• Sector: Technology
• Sector Strength: 93
• Industry: Semiconductors
• EPS (TTM): 0.04
• Shares Outstanding: 288,746,520
• 10 Day Avg. Volume: 2,558,322
• 30 Day Avg. Volume: 943,010
• PEG Ratio: -0.05
• Price to Book (P/B): 0.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: ―

QPL International Holdings faces significant financial and operational challenges, with declining revenue and profitability as key concerns. The technical indicators reflect a bearish market sentiment, reinforced by a negative valuation due to unprofitability. While the balance sheet shows low leverage, unstable cash flow and negative earnings weigh heavily on the overall outlook.

QPL International Holdings Business Overview & Revenue Model

Company Description

QPL International Holdings Limited, an investment holding company, manufactures and sells integrated circuit leadframes, heatsinks, stiffeners, and related products for semiconductor industry companies. Its products include small outline integrated circuits, quad flat packages, thin quad flat packages, plastic dual in line packages, plastic leaded chip carriers, lead on chips, and thermal enhanced products, as well as HD-BU, HDL, and quad flat non-lead package products. The company also trades in securities; and invests in properties, as well as provides financial assistance and advance services. It primarily serves customers in the United States, Hong Kong, Europe, the People's Republic of China, the Philippines, Malaysia, Singapore, and Thailand. The company was founded in 1982 and is headquartered in Tsuen Wan, Hong Kong.

How the Company Makes Money

QPL International Holdings generates revenue through the production and sale of leadframes, which are critical components used in semiconductor packaging. The company operates manufacturing facilities that produce these components, which are then sold to major electronics manufacturers and suppliers. Revenue streams primarily include direct sales to customers in the electronics industry. The company may also enter into strategic partnerships or long-term supply agreements with key players in the semiconductor and electronics sectors, contributing to steady revenue flow. Additionally, QPL might leverage its expertise and production capabilities to offer customized solutions, which can serve as another revenue source.

QPL International Holdings Financial Statement Overview

Summary

QPL International Holdings is experiencing significant financial challenges, with declining revenues and widening net losses. Negative EBIT and EBITDA margins indicate operational inefficiencies. Despite a strong equity base and manageable debt levels, unstable cash flow and deteriorating cash generation from operations pose risks.

Income Statement

QPL International Holdings has faced declining revenues with a significant drop from 2022 to 2024. The company is also dealing with consistent net losses, which have widened in recent years. The negative EBIT and EBITDA margins indicate struggles in operational efficiency and profitability. Despite historical gross profit, the lack of net profitability remains a challenge.

Balance Sheet

The balance sheet shows a strong equity base with a Debt-to-Equity Ratio that is relatively low, suggesting manageable debt levels compared to equity. However, the company's total assets have been decreasing, and the Equity Ratio has shown volatility. The company's ability to maintain a positive net debt position is a positive indicator of liquidity.

Cash Flow

Cash flow has been unstable, with recent years showing a significant decline in operating cash flow and negative free cash flow in 2024. The company's ability to generate cash from operations has deteriorated, posing a risk to financial stability, although past periods showed more favorable free cash flow.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	262.70M	312.93M	488.05M	368.32M	274.58M
Gross Profit	49.29M	158.77M	231.41M	206.86M	151.29M
EBITDA	-46.91M	-9.90M	34.21M	9.13M	-37.50M
Net Income	-61.39M	-34.32M	10.10M	-12.21M	-68.14M
Balance Sheet
Total Assets	461.29M	529.76M	629.62M	611.21M	520.47M
Cash, Cash Equivalents and Short-Term Investments	121.12M	150.90M	177.17M	248.75M	197.76M
Total Debt	52.34M	58.77M	113.58M	124.59M	59.66M
Total Liabilities	136.82M	142.33M	219.12M	219.29M	120.18M
Stockholders Equity	324.46M	387.44M	410.50M	391.92M	400.29M
Cash Flow
Free Cash Flow	-1.31M	26.04M	-68.18M	-16.14M	38.41M
Operating Cash Flow	2.94M	34.79M	-51.42M	-8.25M	41.80M
Investing Cash Flow	-3.63M	-8.28M	-48.34M	-16.18M	-14.62M
Financing Cash Flow	-10.72M	-43.12M	-4.48M	57.24M	-4.18M

QPL International Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0243, the sentiment is Positive. The current price of 0.3 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.20, and above the 200-day MA of 0.21, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 61.76 is Neutral, neither overbought nor oversold. The STOCH value of 43.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0243.

QPL International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8257	71 Outperform	HK$79.00M	13.17	3.01%	―	-32.47%	-74.03%
1967	60 Neutral	HK$147.00M	65.94	0.60%	―	6.98%	―
8490	50 Neutral	HK$101.59M	68.18	-21.90%	―	-8.34%	-8828.57%
Sector *	50 Neutral	C$3.14B	2.46	-63.57%	2.27%	4.49%	-6.15%
1679	47 Neutral	HK$40.66M	―		―	27.19%	54.51%
0243	45 Neutral	HK$83.74M	―	-8.48%	―	2.01%	66.16%
1912	45 Neutral	HK$86.75M	―	-42.18%	―	-6.19%	18.71%

QPL International Holdings Corporate Events

QPL International Holdings Updates Share Option Scheme Details

QPL International Holdings Limited, a company incorporated in Bermuda, has issued a supplemental announcement to its 2024 Annual Report. The announcement provides additional details regarding the company’s Share Option Scheme, specifically noting that as of the report date, 22,562,211 shares were available for issuance, representing approximately 7.8% of the issued share capital. The supplemental information does not alter any other details in the 2024 Annual Report.

QPL International Holdings Appoints New Executive Director

QPL International Holdings Limited has appointed Ms. Wu Wangfang as an executive director and authorized representative, effective April 10, 2025. Ms. Wu brings extensive experience in AI operations and international trading, which is expected to enhance the company’s strategic direction and technological integration. The change in leadership, including the replacement of Mr. Chung Yuk Lun as the authorized representative, signifies a strategic shift that could impact the company’s market positioning and stakeholder relationships.

QPL International Holdings Announces Board and Committee Roles

QPL International Holdings Limited, a company incorporated in Bermuda, has announced the composition of its board of directors and the roles within its three key committees. The board comprises both executive and independent non-executive directors, with Ms. Tung Siu Ching and Ms. Wu Wangfang serving as executive directors. The announcement highlights the leadership within the Audit, Remuneration, and Nomination Committees, emphasizing the roles of Ms. Chung Hoi Yan, Mr. Liu Rongrui, and Mr. Chu Chun On, Franco. This organizational update reflects the company’s governance structure and may influence its strategic direction and decision-making processes.