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

• Market Cap: HK$104.93M
• Dividend Yield: N/A
• Average Volume (3M): 2.60M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.64
• Revenue Growth: 12.64%
• EPS Growth: -178.64%
• Country: HK
• Employees: 72
• Sector: Technology
• Sector Strength: 94
• Industry: Solar
• EPS (TTM): -0.05
• Shares Outstanding: 1,059,923,500
• 10 Day Avg. Volume: 6,668,700
• 30 Day Avg. Volume: 2,602,633
• PEG Ratio: 0.04
• Price to Book (P/B): -0.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.66
• 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: HK$0.00 ▼(-100.00%Downside)

Comtec Solar's overall stock score is primarily driven by its precarious financial health, characterized by significant losses, weak balance sheet, and poor cash flow. While there is some positive momentum from a technical perspective, it is overshadowed by financial instability and negative valuation metrics. Investors should approach with caution due to the high risk associated with its financial condition.

Comtec Solar Systems Group Ltd. Business Overview & Revenue Model

Company Description

Comtec Solar Systems Group Ltd. (0712) is a company engaged in the solar energy sector, focusing primarily on the manufacture and sale of solar wafers and related products. The company leverages advanced technologies to produce high-quality monocrystalline solar wafers, which are essential components in the production of solar panels. Comtec Solar Systems Group Ltd. serves a global market, providing critical materials to solar panel manufacturers and contributing to the renewable energy industry.

How the Company Makes Money

Comtec Solar Systems Group Ltd. generates revenue primarily through the sale of its monocrystalline solar wafers. The company manufactures these wafers and supplies them to solar panel producers and other entities involved in the solar energy market. Comtec's revenue streams include direct sales contracts with solar panel manufacturers and strategic partnerships that ensure consistent demand for their products. The company's earnings are influenced by factors such as the global demand for solar energy solutions, technological advancements in solar wafer production, and their ability to maintain competitive pricing in a fast-evolving market.

Comtec Solar Systems Group Ltd. Financial Statement Overview

Summary

Comtec Solar Systems Group Ltd. is facing severe financial distress. The income statement shows ongoing losses, with negative net income and profitability challenges. The balance sheet is weak, with a high debt-to-equity ratio and negative equity, indicating financial instability. Cash flow issues further exacerbate the situation, with erratic and insufficient operating cash flow.

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

Comtec Solar Systems Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 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:0712, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.08, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.32 is Neutral, neither overbought nor oversold. The STOCH value of 41.49 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 *	57 Neutral	HK$14.23B	4.94	-5.75%	5.29%	9.34%	-42.23%
1421	55 Neutral	HK$100.10M	―	-30.58%	―	89.90%	65.64%
0750	50 Neutral	$668.09M	―	-1.29%	―	0.82%	-154.84%
0712	45 Neutral	HK$104.93M	―		―	12.64%	-178.64%
0475	43 Neutral	HK$259.61M	―	-212.93%	―	-9.07%	-55.96%
0757	40 Underperform	$299.14M	―	-21.37%	―	-49.43%	-295.51%
0438	32 Underperform	HK$421.41M	―	-22.96%	―	2.57%	-58.71%

Comtec Solar Systems Group Ltd. Corporate Events

Comtec Solar Systems Group Ltd. AGM Resolutions Unanimously Approved

Comtec Solar Systems Group Ltd. announced the successful passing of all resolutions at its Annual General Meeting held on June 30, 2025. The resolutions included the approval of financial statements, re-election of directors, and granting of mandates for share issuance and buyback, all of which received unanimous support from shareholders, indicating strong confidence in the company’s leadership and strategic direction.

Comtec Solar Appoints Independent Non-Executive Director to Strengthen Governance

Comtec Solar Systems Group Ltd. announced the appointment of Ms. Qiu as an independent non-executive director, confirming her independence and lack of financial or other interests in the company’s business. This strategic appointment is expected to enhance the company’s governance and strengthen its position in the solar energy market.

Comtec Solar Systems Schedules Annual General Meeting for June 2025

Comtec Solar Systems Group Ltd. has announced the scheduling of its annual general meeting to be held on June 30, 2025, in Hong Kong. The meeting will address several key resolutions, including the approval of financial statements, re-election of directors, and authorization for the board to manage remuneration and share allotments. These resolutions are crucial for maintaining corporate governance and ensuring strategic alignment with the company’s growth objectives.

Comtec Solar Systems Group Ltd. Pursues Debt Restructuring to Strengthen Financial Position

Comtec Solar Systems Group Ltd. is actively working to address its financial challenges by negotiating debt restructuring and reduction plans. The company has introduced a strategic investor, Pandana Capital Limited, to acquire outstanding debts, and is in discussions to settle liabilities with creditors. These efforts aim to restore the company’s financial health and resolve long-standing debt issues, potentially impacting its market position and stakeholder confidence.