Man Yue Technology Holdings Ltd (0894) AI Stock Analysis

• Market Cap: HK$199.73M
• Dividend Yield: 1.18%
• Average Volume (3M): 165.60K
• Price to Earnings (P/E): 25.6
• Beta (1Y): 0.42
• Revenue Growth: 9.56%
• EPS Growth: 90.70%
• Country: HK
• Employees: 2,227
• Sector: Technology
• Sector Strength: 96
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.01
• Shares Outstanding: 475,547,520
• 10 Day Avg. Volume: 204,200
• 30 Day Avg. Volume: 165,600
• PEG Ratio: -0.39
• Price to Book (P/B): 0.13
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.11
• 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: 51 Neutral
• Price Target: HK$0.50 ▲(19.05%Upside)

Man Yue Technology Holdings Ltd's stock score reflects significant financial challenges, with declining revenues and high leverage being the primary concerns. Technical analysis shows neutral momentum, and valuation metrics indicate the stock is fairly valued. The absence of earnings call data and notable corporate events means these aspects did not influence the score.

Man Yue Technology Holdings Ltd Business Overview & Revenue Model

Company Description

Man Yue Technology Holdings Limited, an investment holding company, manufactures and sells electronic components. The company offers aluminum electrolytic capacitors for information technology, telecommunications, electrical, and electronic customers; conductive polymer aluminum solid capacitors; multi-layer polymer capacitors; electric double layer capacitors; and other innovative electronic components, as well as electric double layer capacitor modules. It also manufactures and sells raw materials and chemical materials; and trades in raw materials, electronic components, and equity investments. The company sells its products under the SAMXON and X-CON brands. It operates in Hong Kong, Mainland China, Taiwan, Southeast Asia, Korea, the United States, Europe, and internationally. The company was formerly known as Man Yue International Holdings Limited and changed its name to Man Yue Technology Holdings Limited in January 2011. Man Yue Technology Holdings Limited was founded in 1979 and is headquartered in Kowloon, Hong Kong.

How the Company Makes Money

Man Yue Technology Holdings Ltd generates revenue through the design, manufacture, and sale of electronic components, particularly aluminum electrolytic capacitors and conductive polymer aluminum solid capacitors. The company's revenue streams are predominantly derived from the sale of these components to manufacturers in various industries such as automotive, telecommunications, and consumer electronics. By establishing strong partnerships with key players in these sectors, Man Yue Technology Holdings Ltd ensures a steady demand for its products. The company also invests in research and development to innovate and maintain competitive advantage, contributing to its revenue growth.

Man Yue Technology Holdings Ltd Financial Statement Overview

Summary

Man Yue Technology Holdings Ltd faces significant challenges with declining revenue and profit margins. High leverage and negative cash flows indicate financial instability. Improving cash flow and profitability should be a priority.

Income Statement

The company shows a declining trend in revenue with a decrease from 2021 to 2024. Gross and net profit margins are low, indicating challenges in maintaining profitability. The EBIT and EBITDA margins also reflect weak operational efficiency. Revenue growth has been negative over the past years, pointing to significant market challenges.

Balance Sheet

The debt-to-equity ratio is high, suggesting significant leverage, which could pose financial stability risks. However, the equity ratio is moderate, indicating a fair proportion of assets financed by equity. Return on Equity (ROE) is low, reflecting limited return generation for shareholders.

Cash Flow

Cash flow generation is a concern with declining operating cash flows and negative free cash flow in recent years. The operating cash flow to net income ratio is unavailable for 2024, making it hard to assess cash flow efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.61B	1.47B	1.85B	2.09B	1.60B
Gross Profit	247.33M	266.41M	328.01M	357.49M	271.88M
EBITDA	101.64M	145.68M	190.93M	194.47M	134.98M
Net Income	7.82M	4.08M	42.69M	76.49M	24.06M
Balance Sheet
Total Assets	3.15B	3.17B	3.23B	3.45B	3.25B
Cash, Cash Equivalents and Short-Term Investments	208.19M	258.79M	311.88M	215.75M	263.50M
Total Debt	1.05B	1.11B	1.14B	1.14B	1.10B
Total Liabilities	1.65B	1.62B	1.73B	1.76B	1.71B
Stockholders Equity	1.47B	1.52B	1.47B	1.65B	1.51B
Cash Flow
Free Cash Flow	67.56M	85.87M	130.02M	-21.01M	54.75M
Operating Cash Flow	127.96M	128.56M	207.88M	76.48M	131.54M
Investing Cash Flow	-63.16M	-47.93M	-84.55M	-106.21M	-77.86M
Financing Cash Flow	-102.31M	-140.28M	-13.73M	-21.88M	-25.25M

Man Yue Technology Holdings Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0894, the sentiment is Positive. The current price of 0.42 is above the 20-day moving average (MA) of 0.40, above the 50-day MA of 0.40, and above the 200-day MA of 0.35, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.10 is Neutral, neither overbought nor oversold. The STOCH value of 86.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0894.

Man Yue Technology Holdings Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0259	68 Neutral	HK$1.76B	0.64	93.13%	2.82%	-14.15%	-63.50%
1480	65 Neutral	HK$249.60M	4.14	8.23%	5.77%	-7.93%	-19.66%
0580	60 Neutral	HK$2.47B	22.22	5.45%	0.65%	50.17%	234.78%
Sector *	57 Neutral	$835.58M	11.04	-16.80%	2.63%	10.19%	-40.75%
0040	53 Neutral	HK$568.57M	21.50	2.42%	3.97%	3.64%	-1468.75%
0894	51 Neutral	HK$199.73M	25.61	0.52%	1.18%	9.56%	90.70%
0532	51 Neutral	HK$211.67M	―	-12.76%	―	-5.65%	-43.21%

Man Yue Technology Holdings Ltd Corporate Events

Man Yue Technology Announces Final Dividend with Scrip Option

Man Yue Technology Holdings Limited has announced a final ordinary cash dividend of HKD 0.0049 per share for the year ending December 31, 2024. Shareholders have the option to receive the dividend in cash or opt for scrip shares at a conversion price of HKD 0.391 per share. The dividend will be paid on August 29, 2025, with the first date for dealing in scrip shares set for September 1, 2025. This update reflects the company’s commitment to providing shareholder value and offers flexibility in dividend reception, potentially impacting shareholder decisions and market perception.

Man Yue Technology Passes All Resolutions at AGM

Man Yue Technology Holdings Ltd held its Annual General Meeting on June 23, 2025, where all proposed resolutions were unanimously passed by shareholders. These resolutions included the adoption of financial statements, declaration of a final dividend, re-election of directors, and granting of mandates to issue and repurchase shares. The successful passage of these resolutions reflects strong shareholder support and positions the company for continued strategic growth and operational flexibility.