Comtec Solar Systems Group Ltd. (0712) AI Stock Analysis

• Market Cap: HK$118.71M
• Dividend Yield: N/A
• Average Volume (3M): 404.95K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: 3.70%
• EPS Growth: -42.25%
• Country: HK
• Employees: 72
• Sector: Technology
• Sector Strength: 88
• Industry: Solar
• EPS (TTM): N/A
• Shares Outstanding: 1,059,923,500
• 10 Day Avg. Volume: 223,350
• 30 Day Avg. Volume: 404,950
• PEG Ratio: 0.01
• Price to Book (P/B): -0.58
• Price to Sales (P/S): 0.60
• P/FCF Ratio: -8.99
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: HK$0.10 ▼(-26.43% Downside)

The overall stock score is heavily influenced by the company's poor financial performance, characterized by ongoing losses, high leverage, and cash flow instability. Technical analysis indicates bearish momentum, further contributing to a low score. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield.

Comtec Solar Systems Group Ltd. Business Overview & Revenue Model

Company Description

Comtec Solar Systems Group Ltd. (0712) is a leading provider of solar energy solutions, focusing on the manufacturing and distribution of photovoltaic (PV) products. The company operates primarily within the renewable energy sector, offering a range of solar panels, inverters, and related technology aimed at both residential and commercial markets. Comtec is committed to promoting sustainable energy practices and contributing to the global transition towards clean energy sources.

How the Company Makes Money

Comtec Solar Systems Group Ltd. generates revenue through the sale of its solar products, which include high-efficiency solar panels and inverters. The company also engages in providing installation services and maintenance for solar energy systems, creating additional revenue streams. Key revenue sources include direct sales to end-users, partnerships with installers and distributors, and participation in government and private sector renewable energy projects. Significant partnerships with technology providers and energy firms enhance its market reach and operational capabilities, contributing to its overall earnings.

Comtec Solar Systems Group Ltd. Financial Statement Overview

Summary

Comtec Solar Systems Group Ltd. faces significant financial challenges across all verticals. The income statement reveals ongoing losses and profitability issues. The balance sheet is under pressure from high leverage and negative equity, while cash flow instability points to liquidity concerns. Immediate strategic interventions are needed to stabilize and improve the company's financial health.

Income Statement

The company has shown volatility in revenue, with a recent increase but still negative net income. Gross profit margin remains low. The consistent negative EBIT and net profit margin indicate challenges in achieving profitability.

Balance Sheet

The high debt-to-equity ratio and negative stockholders' equity highlight significant financial distress. The equity ratio is negative, reflecting a precarious balance sheet structure with liabilities exceeding assets.

Cash Flow

The cash flow situation is concerning, with erratic operating cash flows and a lack of positive free cash flow. The company struggles to generate cash from operations, impacting its liquidity and financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	224.73M	163.16M	144.65M	37.14M	54.83M	55.02M
Gross Profit	14.04M	11.34M	20.58M	7.81M	6.76M	3.86M
EBITDA	-19.57M	-17.63M	60.52M	-2.24M	-39.16M	-33.22M
Net Income	-45.93M	-48.38M	44.46M	-55.80M	-53.20M	-65.70M
Balance Sheet
Total Assets	212.87M	146.26M	207.04M	302.95M	291.89M	384.34M
Cash, Cash Equivalents and Short-Term Investments	120.93M	69.68M	18.29M	22.66M	6.92M	74.94M
Total Debt	117.86M	121.69M	86.00M	103.50M	203.67M	270.67M
Total Liabilities	395.20M	306.68M	341.48M	467.10M	405.35M	473.48M
Stockholders Equity	-189.18M	-167.35M	-133.64M	-163.44M	-107.63M	-87.02M
Cash Flow
Free Cash Flow	-1.81M	-10.81M	-22.02M	137.47M	935.00K	-10.81M
Operating Cash Flow	-1.81M	-10.81M	-18.32M	137.70M	1.61M	-9.74M
Investing Cash Flow	704.00K	708.00K	-4.42M	9.84M	20.43M	15.22M
Financing Cash Flow	1.17M	887.00K	18.49M	-131.76M	-20.39M	-3.63M

Comtec Solar Systems Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.14
• 50DMA: Negative
• 100DMA: Negative
• 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:0712, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.12, and above the 200-day MA of 0.10, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.83 is Neutral, neither overbought nor oversold. The STOCH value of 76.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0712.

Comtec Solar Systems Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
1421	53 Neutral	HK$78.41M	-2.92	-19.05%	―	-11.09%	69.57%
0475	46 Neutral	HK$189.56M	-10.04	―	―	13.38%	33.42%
0438	43 Neutral	HK$423.17M	-0.57	-46.12%	―	-29.43%	-752.95%
0750	42 Neutral	HK$617.67M	-9.92	-1.39%	―	36.71%	8.15%
0712	40 Underperform	HK$118.71M	-2.39	―	―	3.70%	-42.25%
0757	39 Underperform	HK$265.90M	-1.05	-24.72%	―	-43.94%	-162.54%

Comtec Solar Systems Group Ltd. Corporate Events

Comtec Solar Advances 150MW Hybrid Energy Storage Project in Shanxi

Comtec Solar Systems Group has announced that its board has unanimously approved moving forward with the Fushan Project, a planned 150MW energy storage facility in Fushan County, Shanxi Province, combining 20MW of flywheel energy storage and 100MW of lithium battery storage in its initial 120MW phase. Building on its earlier minority investment in a similar Shanxi flywheel-lithium iron phosphate hybrid project, the group is now forming a dedicated project team and advancing fundraising and regulatory work, positioning itself to capitalize on China’s strong policy support and growing demand for green energy storage, while cautioning investors that the project and related plans may ultimately not materialise.

The most recent analyst rating on (HK:0712) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on Comtec Solar Systems Group Ltd. stock, see the HK:0712 Stock Forecast page.

Comtec Solar Systems Group Ltd. Updates on Debt Settlement and Business Operations

Comtec Solar Systems Group Ltd. has announced updates on its debt acquisition and settlement plans, aiming to address liquidity pressures and improve its financial position. The company is actively negotiating with creditors, including Putana Limited, to settle outstanding debts and has introduced strategic investors to assist in debt repayment. Efforts are underway to reach a settlement plan that will alleviate the company’s liabilities and restore its financial health.