Mobi Development Co., Ltd. (0947) AI Stock Analysis

• Market Cap: HK$94.47M
• Dividend Yield: N/A
• Average Volume (3M): 160.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.59
• Revenue Growth: -21.31%
• EPS Growth: -105.30%
• Country: HK
• Employees: 1,333
• Sector: Technology
• Sector Strength: 86
• Industry: Communication Equipment
• EPS (TTM): -0.12
• Shares Outstanding: 800,620,100
• 10 Day Avg. Volume: 205,270
• 30 Day Avg. Volume: 160,616
• PEG Ratio: 0.02
• Price to Book (P/B): 0.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.11
• 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: 41 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall score reflects significant financial distress as highlighted by the weak financial performance. The technical analysis indicates a bearish trend with no clear momentum, and valuation metrics are unattractive due to a negative P/E ratio and lack of dividends. These factors combined suggest a high-risk investment.

Mobi Development Co., Ltd. Business Overview & Revenue Model

Company Description

MOBI Development Co., Ltd., an investment holding company, researches, designs, develops, manufactures, markets, and sells wireless communication antennas, base station radio frequency subsystems and solutions, and products of coverage extension solutions. Its solutions are used in the components of mobile communication coverage systems, including wireless access systems, as well as antenna, satellite communication, and microwave transmission networks. The company serves network and telecommunication operators, telecommunication equipment manufacturers, wireless network solution providers, and system equipment manufacturers. It has operations in the People's Republic of China, other countries in Asia, Europe, the Americas, and internationally. The company was founded in 1999 and is headquartered in Shenzhen, the People's Republic of China.

How the Company Makes Money

Mobi Development Co., Ltd. generates revenue through the sale of its mobile communication devices and accessories. The company's primary revenue stream comes from its core business of designing and manufacturing smartphones, which are sold through various channels, including direct sales, retail partnerships, and online platforms. Additionally, the company may engage in strategic partnerships with telecommunications providers and other technology firms to expand its market reach and enhance its product offerings. These partnerships can contribute to revenue through co-branded products or technology licensing agreements. The company's ability to innovate and adapt to changing consumer preferences and technological advancements is a significant factor in its earnings.

Mobi Development Co., Ltd. Financial Statement Overview

Summary

Mobi Development Co., Ltd. is facing significant financial challenges. The income statement shows declining revenues and persistent losses, the balance sheet indicates increased leverage and reduced equity, and the cash flow statement reflects inconsistent cash generation. These factors collectively suggest financial instability.

Income Statement

The company has experienced a significant decline in revenue and profitability over recent years. The gross profit margin and net profit margin have deteriorated, with continuous negative EBIT and net income figures indicating persistent operational challenges. Revenue growth is negative, reflecting declining sales. Overall, the income statement suggests weak performance and financial instability.

Balance Sheet

The balance sheet shows a decreasing equity base and consistent liabilities, indicating rising leverage. The debt-to-equity ratio has increased, and stockholders' equity has significantly declined over the years, affecting the company's financial stability. The equity ratio has also decreased, reflecting reduced asset backing for liabilities. Overall, the balance sheet portrays a weakening financial position.

Cash Flow

Cash flow from operations has been inconsistent, with operating cash flow turning negative in some years. Free cash flow has fluctuated, showing negative values in recent periods. The lack of consistent positive cash flow generation highlights cash management issues. Overall, the cash flow statement indicates challenges in maintaining liquidity and funding operations internally.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	515.15M	640.85M	687.00M	661.39M	884.54M
Gross Profit	66.93M	96.31M	106.84M	16.81M	199.95M
EBITDA	-90.59M	-20.98M	-11.03M	-230.51M	21.45M
Net Income	-120.53M	-59.20M	-229.76M	-329.70M	-29.81M
Balance Sheet
Total Assets	1.05B	1.25B	1.31B	1.56B	1.95B
Cash, Cash Equivalents and Short-Term Investments	192.66M	198.67M	174.28M	250.55M	371.93M
Total Debt	113.20M	99.76M	44.41M	144.34M	173.35M
Total Liabilities	663.51M	743.18M	745.24M	763.25M	822.33M
Stockholders Equity	383.37M	504.55M	564.99M	795.64M	1.13B
Cash Flow
Free Cash Flow	-87.05M	-10.56M	27.63M	-130.60M	-8.31M
Operating Cash Flow	-55.16M	17.05M	60.96M	-70.50M	84.51M
Investing Cash Flow	35.72M	-45.49M	-34.50M	-4.89M	-31.28M
Financing Cash Flow	9.05M	47.91M	-110.17M	-41.68M	35.52M

Mobi Development Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0947, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.73 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0947.

Mobi Development Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1085	65 Neutral	HK$558.72M	11.24	2.42%	―	9.68%	-46.76%
Sector *	63 Neutral	$34.70B	4.89	-11.39%	1.66%	5.53%	-19.00%
1720	61 Neutral	HK$125.40M	6.26	3.16%	―	6.07%	136.36%
1617	59 Neutral	HK$206.53M	4.77	5.02%	―	1.01%	660.00%
9963	46 Neutral	HK$104.00M	―	-23.56%	―	-15.03%	-47.69%
0947	41 Neutral	HK$94.47M	―	-27.13%	―	-21.31%	-105.30%
CUEH	―	€41.55M	237.50	0.15%	―	―	―

Mobi Development Co., Ltd. Corporate Events

Mobi Development Co., Ltd. Successfully Passes All AGM Resolutions

Mobi Development Co., Ltd. announced that all resolutions proposed at its Annual General Meeting held on May 29, 2025, were successfully passed. The resolutions included the re-election of directors, the re-appointment of auditors, and the granting of general mandates to the directors for share allotment and repurchase. This outcome signifies strong shareholder support for the company’s current management and strategic direction, potentially reinforcing its market position and operational stability.