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Asia Tele-Net and Technology Corp Ltd
(Frankfurt:0679)
Asia Tele-Net and Technology Corp Ltd (0679) vs. iShares MSCI Hong Kong ETF (EWH)
Asia Tele-Net and Technology Corp Ltd Business Overview & Revenue Model
Asia Tele-Net and Technology Corp Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 435.48M | 419.11M | 431.29M | 319.67M | 364.63M | 335.10M |
| Gross Profit | 130.07M | 120.55M | 110.57M | 29.66M | 36.73M | 63.74M |
| EBITDA | 43.73M | 37.48M | 416.41M | 9.06M | -1.11B | 261.73M |
| Net Income | -28.68M | -14.10M | 304.18M | -32.82M | -838.60M | 138.77M |
Balance Sheet | ||||||
| Total Assets | 2.06B | 2.01B | 2.14B | 1.81B | 1.88B | 2.87B |
| Cash, Cash Equivalents and Short-Term Investments | 854.47M | 771.36M | 649.96M | 753.27M | 1.24B | 1.02B |
| Total Debt | 174.45M | 182.64M | 37.14M | 7.56M | 8.98M | 8.39M |
| Total Liabilities | 630.98M | 594.66M | 666.98M | 626.59M | 556.70M | 756.27M |
| Stockholders Equity | 1.43B | 1.41B | 1.47B | 1.18B | 1.32B | 2.11B |
Cash Flow | ||||||
| Free Cash Flow | 91.27M | 46.57M | -97.23M | 22.12M | -222.14M | -288.81M |
| Operating Cash Flow | 97.33M | 52.63M | -89.69M | 24.07M | -185.93M | -288.58M |
| Investing Cash Flow | 2.21M | 86.10M | 3.33M | -171.16M | -552.68M | 1.12B |
| Financing Cash Flow | -16.60M | -21.56M | -16.41M | -55.87M | 179.70M | -20.91M |
Asia Tele-Net and Technology Corp Ltd Technical Analysis
Asia Tele-Net and Technology Corp Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | HK$570.00M | 6.77 | 7.20% | 3.84% | -21.28% | -29.40% | |
54 Neutral | HK$421.95M | -24.17 | -13.14% | ― | 18.71% | 61.54% | |
54 Neutral | HK$285.32M | -4.97 | -7.02% | ― | -0.51% | -922.95% | |
50 Neutral | HK$362.84M | 1.58 | -2.06% | 3.16% | -0.29% | -113.17% | |
46 Neutral | HK$642.93M | -33.33 | -14.31% | ― | -2.88% | 44.39% | |
39 Underperform | HK$414.99M | -33.33 | ― | ― | -4.33% | 55.43% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
Asia Tele-Net and Technology Corp Ltd Corporate Events
Asia Tele-Net and Technology Corporation Limited reported its interim results for the six months ending June 30, 2025, showing a revenue increase to HK$236.9 million from HK$220.6 million in the previous year. Despite the revenue growth, the company’s profit before taxation decreased to HK$15.7 million from HK$26.9 million, attributed to a significant loss on the change in fair value of investment properties. The total comprehensive income for the period was HK$28.7 million, reflecting an improvement from the previous year, driven by favorable exchange differences on foreign operations.
The most recent analyst rating on (HK:0679) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Asia Tele-Net and Technology Corp Ltd stock, see the HK:0679 Stock Forecast page.
Asia Tele-Net and Technology Corporation Limited has announced an interim dividend of HKD 0.01 per share for the six months ending June 30, 2025. This announcement may impact the company’s financial positioning by providing returns to shareholders, potentially enhancing investor confidence and market perception.
The most recent analyst rating on (HK:0679) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Asia Tele-Net and Technology Corp Ltd stock, see the HK:0679 Stock Forecast page.
Asia Tele-Net and Technology Corporation Limited has issued a profit warning, indicating a significant decrease in net profit for the six months ending June 2025 compared to the previous year. The expected net profit is not less than HK$13 million, down from approximately HK$29 million, due to factors such as changes in the fair value of investment properties and gains from investments held for trading. The final results are pending, and shareholders and investors are advised to exercise caution.
Asia Tele-Net and Technology Corporation Limited has announced that its board of directors will hold a meeting on August 27, 2025, to approve the interim results for the first half of the year and consider the payment of an interim dividend. This meeting could have implications for the company’s financial performance and shareholder returns, highlighting the company’s ongoing commitment to transparency and stakeholder engagement.
Asia Tele-Net and Technology Corporation Limited has acquired a Deposit Product with a nominal value of RMB15,000,000 for approximately RMB14,897,000. This acquisition, when combined with a previous acquisition, constitutes a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement. The acquisition is part of the company’s treasury management strategy, utilizing internal resources, and was conducted through the market with the issuer being the Tokyo branch of the Industrial and Commercial Bank of China Limited.
Asia Tele-Net and Technology Corporation Limited announced that all resolutions proposed at its Annual General Meeting (AGM) held on June 26, 2025, were passed by shareholders through a poll. Key resolutions included the adoption of financial statements, approval of a final dividend, re-election of directors, and the re-appointment of auditors. The AGM results reflect strong shareholder support, with over 99% of votes in favor of each resolution, indicating confidence in the company’s management and strategic direction.
Asia Tele-Net and Technology Corporation Limited announced the successful passing of a special resolution at their Special General Meeting held on June 26, 2025. The resolution involved the adoption of new bye-laws, which were approved unanimously by the shareholders through a poll. This move signifies a strategic update in the company’s governance structure, potentially impacting its operational and regulatory framework.
Asia Tele-Net and Technology Corporation Limited, a company incorporated in Bermuda, has announced the composition of its board of directors and their roles within various board committees. The board consists of six directors, including both executive and independent non-executive directors, with specific roles in committees such as the Audit, Remuneration, Nomination, and Investment Committees. This announcement provides clarity on the governance structure of the company, which may impact its strategic decision-making and operational oversight.
Asia Tele-Net and Technology Corporation Limited has updated the terms of reference for its Audit Committee, which was originally established in 1999. The changes are in line with the Corporate Governance Code under the Hong Kong Stock Exchange listing rules. The revisions include stipulations about the composition of the committee, requiring all members to be non-executive directors with a majority being independent, and at least one member having relevant financial expertise. Additionally, the role of the Chairman will rotate every two years, and former partners of the company’s auditing firm are restricted from joining the committee for two years after leaving the firm. These updates aim to enhance governance and ensure compliance with regulatory standards.
Asia Tele-Net and Technology Corporation Limited has revised the terms of reference for its Remuneration Committee, effective June 26, 2025. The changes are in accordance with the Corporate Governance Code under the Hong Kong Stock Exchange’s Listing Rules, aiming to enhance governance practices. The committee, which must meet at least once a year, will have a majority of independent non-executive directors, with the chairman’s role rotating every two years, reflecting a commitment to good governance.