Man Yue Technology Holdings Ltd (0894) AI Stock Analysis

• Market Cap: HK$187.84M
• Dividend Yield: 1.24%
• Average Volume (3M): 156.40K
• Price to Earnings (P/E): 24.1
• Beta (1Y): 0.37
• Revenue Growth: 9.56%
• EPS Growth: 90.70%
• Country: HK
• Employees: 2,227
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.01
• Shares Outstanding: 475,547,520
• 10 Day Avg. Volume: 104,000
• 30 Day Avg. Volume: 156,400
• PEG Ratio: -0.40
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.41
• 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 ▲(25.00%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 Ltd (0894) is a Hong Kong-based company that specializes in the manufacturing and distribution of electronic components. The company is primarily focused on the production of aluminum electrolytic capacitors and conductive polymer aluminum solid capacitors, which are essential components used in various electronic devices and applications. Man Yue Technology serves a wide range of industries, including telecommunications, industrial automation, and consumer electronics, providing high-quality and reliable component solutions.

How the Company Makes Money

Man Yue Technology Holdings Ltd generates revenue through the manufacturing and sale of its core products, aluminum electrolytic capacitors, and conductive polymer aluminum solid capacitors. The company's revenue model is based on supplying these components to a diverse customer base across multiple industries such as telecommunications, industrial automation, and consumer electronics. By leveraging its advanced manufacturing capabilities and adhering to stringent quality standards, Man Yue Technology maintains strong relationships with its clients, which include original equipment manufacturers (OEMs) and distributors. Additionally, the company's strategic partnerships and collaborations with other technology firms enhance its market presence and contribute to its overall revenue generation.

Man Yue Technology Holdings Ltd Financial Statement Overview

Summary

Man Yue Technology Holdings Ltd faces significant challenges across income stability, balance sheet leverage, and cash flow generation. The declining revenue and profit margins, along with high leverage, indicate operational and financial difficulties. Improving cash flow and profitability should be a priority for the company to enhance its financial health.

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: Neutral
• Last Price: 0.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0894, the sentiment is Neutral. The current price of 0.4 is below the 20-day moving average (MA) of 0.40, above the 50-day MA of 0.39, and above the 200-day MA of 0.35, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.88 is Neutral, neither overbought nor oversold. The STOCH value of 38.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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$1.78B	0.64	93.13%	2.59%	-14.15%	-63.50%
1480	65 Neutral	HK$240.00M	3.98	8.23%	6.00%	-7.93%	-19.66%
0580	60 Neutral	HK$1.96B	17.60	5.45%	0.82%	50.17%	234.78%
Sector *	56 Neutral	HK$13.71B	5.12	-5.75%	5.43%	9.34%	-42.23%
0040	53 Neutral	HK$613.69M	23.21	2.42%	8.82%	3.64%	-1468.75%
0894	51 Neutral	HK$187.84M	24.09	0.52%	1.24%	9.56%	90.70%
0532	48 Neutral	HK$179.55M	―	-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.

Man Yue Technology Announces 2025 AGM and Key Resolutions

Man Yue Technology Holdings Ltd has announced its Annual General Meeting to be held on June 23, 2025, in Hong Kong. Key agenda items include the adoption of financial statements for 2024, declaration of a final dividend, re-election of directors, and re-appointment of KPMG as auditors. Additionally, the company seeks shareholder approval to authorize the board to allot and issue additional shares, which could impact the company’s capital structure and market positioning.