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Link-Asia International Medtech Group Ltd. (HK:1143)
:1143
Hong Kong Market

Link-Asia International Medtech Group Ltd. (1143) AI Stock Analysis

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HK

Link-Asia International Medtech Group Ltd.

(1143)

Rating:47Neutral
Price Target:
Link-Asia International Medtech Group Ltd. has a challenging financial outlook with mixed performance in profitability and cash flow management. The stock's technical indicators point to a bearish trend, with momentum indicators showing oversold conditions. While the valuation appears attractive based on the P/E ratio, the lack of a dividend yield may deter certain investors. Overall, the stock currently scores low due to financial instability and technical weakness.

Link-Asia International Medtech Group Ltd. (1143) vs. iShares MSCI Hong Kong ETF (EWH)

Link-Asia International Medtech Group Ltd. Business Overview & Revenue Model

Company DescriptionLink-Asia International MedTech Group Limited, an investment holding company, provides electronic manufacturing services (EMS) for the telecommunications, security, car electronics, home appliances, other consumer, and industrial electronic products. The company operates through four segments: EMS, Distribution of Communications Products, Securities and Other Assets Investment, and Real Estate Supply Chain Services. It is also involved in the trade of personal care products, business telephone systems, and telecommunication products; manufacture and sale of telecommunications and other products, and consumable electronic products; sale of audio equipment; and provision of consultancy services, as well as pre-pregnancy care and assisted reproductive services. In addition, the company offers equity investment and property agency services; and real estate advisory and purchase services. It operates in the People's Republic of China, the United States, Switzerland, France, Poland, the United Kingdom, Belgium, Russia, Thailand, Malaysia, Brazil, and internationally. The company was formerly known as Link-Asia International Co. Ltd. and changed its name to Link-Asia International MedTech Group Limited in December 2020. Link-Asia International MedTech Group Limited was founded in 1992 and is headquartered in Tsim Sha Tsui, Hong Kong.
How the Company Makes MoneyLink-Asia International MedTech Group Ltd. generates revenue primarily through the sale of its medical devices and healthcare solutions. The company likely engages in partnerships with healthcare providers, hospitals, and clinics to distribute its products. Revenue streams may include direct sales, long-term supply agreements, and possibly service contracts for maintenance and support of their medical technology. The company's earnings are influenced by factors such as product innovation, market demand, regulatory approvals, and its ability to establish and maintain strong relationships with key stakeholders in the healthcare industry.

Link-Asia International Medtech Group Ltd. Financial Statement Overview

Summary
Link-Asia International Medtech Group Ltd. presents a mixed financial profile with stable equity but faces challenges in consistent revenue and cash flow. The income statement shows declining revenues and volatile net profit margins, though EBIT margins have recently improved. The balance sheet is stable with a moderate debt-to-equity ratio, but fluctuating liabilities are a concern. Cash flow management is inconsistent, with periods of negative operating cash flow impacting liquidity.
Income Statement
45
Neutral
Link-Asia International Medtech Group Ltd. has shown mixed results over recent years. The company experienced declining revenues with a negative growth trend from 2019 to 2024, particularly from 2021 to 2024. While gross profit margins remained relatively stable, net profit margins were volatile, indicating potential profitability issues. The positive EBIT margin in 2024 is a welcome improvement, although historical EBIT margins were negative.
Balance Sheet
55
Neutral
The company's balance sheet reveals a stable equity position with a moderate debt-to-equity ratio, indicating a balanced capital structure. The equity ratio has improved over time, suggesting a strengthening financial foundation. However, the fluctuating total debt and liabilities pose potential risks to financial stability.
Cash Flow
40
Negative
Cash flow analysis indicates inconsistent cash flow management. Operating cash flow was negative in several years, impacting free cash flow generation. Though there was a significant improvement in free cash flow in 2022, the lack of consistent positive cash flow raises concerns about long-term liquidity.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
479.32M502.00M529.25M675.52M595.02M
Gross Profit
123.60M136.87M101.40M144.89M154.71M
EBIT
15.18M11.39M-57.07M-65.91M-137.08M
EBITDA
4.78M40.49M-14.06M-4.54M-116.52M
Net Income Common Stockholders
8.04M5.26M-54.04M-46.40M-173.05M
Balance SheetCash, Cash Equivalents and Short-Term Investments
312.05M271.57M252.21M146.80M167.66M
Total Assets
880.14M776.42M659.23M677.98M657.40M
Total Debt
86.60M26.75M51.08M61.20M70.19M
Net Debt
-225.45M-244.82M-201.13M-84.37M-97.46M
Total Liabilities
343.25M287.69M297.22M311.98M361.47M
Stockholders Equity
536.53M486.66M359.86M365.88M295.46M
Cash FlowFree Cash Flow
0.00-132.09M99.60M-122.55M-45.85M
Operating Cash Flow
0.00-129.29M107.55M-100.45M-15.04M
Investing Cash Flow
0.0039.98M-547.00K3.31M-96.19M
Financing Cash Flow
0.00101.84M2.20M74.19M35.17M

Link-Asia International Medtech Group Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.37
Price Trends
50DMA
0.30
Positive
100DMA
0.31
Positive
200DMA
0.70
Negative
Market Momentum
MACD
0.02
Negative
RSI
68.06
Neutral
STOCH
47.31
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1143, the sentiment is Positive. The current price of 0.37 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.30, and below the 200-day MA of 0.70, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 68.06 is Neutral, neither overbought nor oversold. The STOCH value of 47.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1143.

Link-Asia International Medtech Group Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$11.80B10.08-7.46%2.99%7.37%-8.21%
55
Neutral
$3.18B-16.87%-2.35%-837.50%
51
Neutral
HK$149.93M-18.22%-56.16%62.50%
47
Neutral
HK$82.99M10.981.60%-4.52%55.30%
44
Neutral
HK$25.96M134.120.88%8.34%
41
Neutral
HK$226.87M-30.23%5.79%-780.00%
40
Underperform
HK$27.69M-9.50%-58.07%-331.12%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1143
Link-Asia International Medtech Group Ltd.
0.37
-1.93
-83.91%
HK:8196
China TianYF Holdings Group Limited
0.73
-2.07
-73.93%
HK:8081
Hang Tai Yue Group Holdings Ltd.
0.04
-0.01
-20.00%
HK:8186
M-Resources Group Limited
0.23
-1.53
-86.93%
HK:8143
Good Fellow Healthcare Holdings Limited
0.13
-0.02
-13.33%
HK:8083
China Youzan
0.10
0.01
16.87%

Link-Asia International Medtech Group Ltd. Corporate Events

China Energy Storage Technology Development Ltd. Announces 2025 AGM
Apr 30, 2025

China Energy Storage Technology Development Limited, previously known as Link-Asia International MedTech Group Ltd., has announced its annual general meeting scheduled for June 20, 2025, in Hong Kong. The meeting will address several resolutions including the adoption of the company’s audited accounts for 2024, reappointment of auditors, re-election of executive directors, and authorizing the board to issue additional shares. These resolutions are aimed at strengthening the company’s governance and operational capabilities.

Link-Asia International Medtech Group Delays Circular Dispatch, Revises Timetable
Apr 14, 2025

Link-Asia International Medtech Group Ltd., now known as China Energy Storage Technology Development Limited, is involved in a proposed rights issue, change in board lot size, and a major transaction related to the assignment of distribution rights. The company announced a delay in the dispatch of a circular containing details of these proposals, which impacts the expected timetable for these initiatives. The circular is now expected to be dispatched by May 8, 2025, affecting the timeline for shareholder meetings and related activities.

China Energy Storage Technology Reports 2024 Annual Results
Mar 31, 2025

China Energy Storage Technology Development Limited announced its annual results for the year ended December 31, 2024, reporting a slight decrease in revenue from continuing operations to HK$479,317,000 compared to the previous year. Despite the revenue drop, the company achieved a higher profit from continuing operations, amounting to HK$6,457,000, up from HK$4,881,000 in 2023, indicating improved operational efficiency and cost management.

China Energy Storage Technology Development Ltd. Reschedules Board Meeting
Mar 26, 2025

China Energy Storage Technology Development Limited, formerly known as Link-Asia International Medtech Group Ltd., announced a change in the date of its board meeting. Originally scheduled for March 28, 2025, the meeting has been moved to March 31, 2025, to allow more time to finalize the annual results for the year ending December 31, 2024. This delay may impact the timing of the approval of the annual results and any decision regarding the final dividend payment.

China Energy Storage Technology Announces Delay in Rights Issue Circular
Mar 26, 2025

China Energy Storage Technology Development Limited, formerly known as Link-Asia International MedTech Group Ltd., is involved in a rights issue, a change in board lot size, and a major transaction related to the assignment of distribution rights. The company announced a further delay in the dispatch of a circular detailing these activities, now expected by April 17, 2025, impacting the timeline for shareholder meetings and related transactions.

China Energy Storage Technology Schedules Board Meeting for Annual Results
Mar 14, 2025

China Energy Storage Technology Development Limited has announced a board meeting scheduled for March 28, 2025, to discuss and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend and address other business matters, potentially impacting the company’s financial strategy and stakeholder interests.

China Energy Storage Technology Development Announces Delay in Circular Dispatch
Mar 4, 2025

Link-Asia International Medtech Group Ltd., now known as China Energy Storage Technology Development Limited, is involved in a major transaction concerning the assignment of distribution rights and a proposed rights issue. The company has announced a further delay in the dispatch of a circular detailing these transactions, which include a change in board lot size and a major rights issue. This delay impacts the expected timetable for these corporate actions, pushing the dispatch date to March 26, 2025, and affecting subsequent shareholder meetings and voting schedules.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.