Chengdu Putian Telecommunications Cable Co., Ltd. Class H (1202) AI Stock Analysis

• Market Cap: HK$340.00M
• Dividend Yield: N/A
• Average Volume (3M): 106.80K
• Price to Earnings (P/E): 274.2
• Beta (1Y): 0.12
• Revenue Growth: -26.82%
• EPS Growth: -56.94%
• Country: HK
• Employees: 436
• Sector: Technology
• Sector Strength: 91
• Industry: Communication Equipment
• EPS (TTM): >-0.01
• Shares Outstanding: 160,000,000
• 10 Day Avg. Volume: 129,200
• 30 Day Avg. Volume: 106,800
• PEG Ratio: 1.56
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -13.72
• 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: HK$1.01
• Price Target Upside: 29.41% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: HK$1.00 ▲(28.21%Upside)

The overall stock score reflects a combination of stable financial health but challenges in profitability and revenue growth, strong technical momentum with potential overbought conditions, and stretched valuation. The most significant factor is the strong technical analysis, which indicates positive price movement, followed by the stable financial foundation. However, the high P/E ratio and lack of dividend yield present risks from a valuation perspective.

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Chengdu Putian Telecommunications Cable Co., Ltd. Class H (1202) is a China-based company primarily engaged in the manufacturing and distribution of telecommunications cables. The company operates within the telecommunications equipment sector, offering a wide range of products including fiber optic cables, copper cables, and other related products. Its core services are focused on providing high-quality cable solutions to meet the demands of telecommunication operators, network providers, and other industrial applications.

How the Company Makes Money

The company generates revenue through the production and sale of telecommunications cables. Key revenue streams include the domestic and international sale of fiber optic and copper cables used in various telecommunications infrastructure projects. Chengdu Putian Telecommunications Cable Co., Ltd. partners with telecom operators, internet service providers, and other companies requiring advanced cabling solutions, contributing significantly to its earnings. The company also benefits from collaborations with industry players to enhance its product offerings and expand its market reach.

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Financial Statement Overview

Summary

Chengdu Putian Telecommunications Cable Co. has a stable financial position with low leverage and improved cash flows. However, profitability and revenue growth are challenged, with low net profit margin and significant revenue decrease.

Income Statement

The income statement shows a mixed performance. Gross profit margin for 2024 was approximately 20.6%, which is a decent level indicating some control over cost of goods sold. However, the net profit margin is low at 0.38%, highlighting challenges in managing operating expenses and taxes. The company experienced a significant revenue decrease of 25.19% from 2023 to 2024, suggesting demand challenges or competitive pressures. EBIT and EBITDA margins are low, at 0.22% and 4.61% respectively, pointing to weak operational profitability.

Balance Sheet

The balance sheet is relatively strong with a low debt-to-equity ratio of 0.005, indicating minimal leverage and financial risk. The return on equity (ROE) is low at 0.15%, suggesting that shareholder funds are not being utilized efficiently to generate profits. The equity ratio is high at 77.5%, signifying a robust capital structure with significant equity financing. These factors suggest stability but also highlight the need for better asset utilization.

Cash Flow

The cash flow statement shows improvement with a positive free cash flow of 65.9 million in 2024 compared to negative figures in prior years. Operating cash flow to net income ratio is robust at 74.9, indicating strong cash generation relative to accounting profits. However, the free cash flow to net income ratio is 57.3, reflecting some inefficiencies in converting profits into cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	302.07M	403.64M	304.01M	300.42M	239.38M
Gross Profit	62.13M	80.32M	63.42M	27.80M	4.84M
EBITDA	13.94M	9.04M	7.66M	-46.50M	―
Net Income	1.15M	2.77M	-2.22M	-52.27M	-42.82M
Balance Sheet
Total Assets	1.00B	995.77M	1.02B	1.00B	1.05B
Cash, Cash Equivalents and Short-Term Investments	440.79M	373.61M	485.37M	478.37M	424.80M
Total Debt	4.22M	4.63M	4.82M	5.12M	6.18M
Total Liabilities	137.86M	130.69M	174.41M	165.75M	156.58M
Stockholders Equity	778.34M	776.65M	755.85M	754.88M	805.27M
Cash Flow
Free Cash Flow	65.90M	-133.25M	-24.20M	47.54M	-8.97M
Operating Cash Flow	86.13M	-120.21M	-22.66M	48.48M	-5.77M
Investing Cash Flow	-18.36M	15.03M	29.85M	15.99M	20.51M
Financing Cash Flow	-512.44K	-531.40K	-502.97K	-546.84K	-4.57M

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.78
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1202, the sentiment is Positive. The current price of 0.78 is below the 20-day moving average (MA) of 0.78, above the 50-day MA of 0.76, and above the 200-day MA of 0.74, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 70.36 is Negative, neither overbought nor oversold. The STOCH value of 93.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1202.

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1085	70 Outperform	HK$572.69M	11.70	2.42%	―	9.68%	-46.76%
1202	60 Neutral	HK$340.00M	274.19	0.15%	―	-26.82%	-56.94%
1617	59 Neutral	HK$213.04M	4.96	5.02%	―	1.01%	660.00%
Sector *	56 Neutral	HK$13.84B	5.19	-5.75%	5.40%	9.34%	-42.23%
9963	42 Neutral	HK$78.00M	―	-23.56%	―	-15.03%	-47.69%
0248	42 Neutral	HK$33.62M	―	-11.64%	―	-29.35%	-15.98%
0947	41 Neutral	HK$93.67M	―	-27.13%	―	-21.31%	-105.30%

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Corporate Events

Chengdu SIWI Approves Key Resolutions at 2024 AGM

Chengdu SIWI Science and Technology Company Limited held its Annual General Meeting on June 20, 2025, where all proposed resolutions were passed unanimously. The resolutions included the approval of the board’s report, the audited financial report for 2024, and a profit distribution plan with no dividend proposed. The meeting was attended by 60% of the voting shareholders, and no shareholders abstained or opposed the resolutions.

Chengdu Putian Telecommunications Increases Annual Cap for 2025 Transactions

Chengdu Putian Telecommunications Cable Co., Ltd. Class H has announced a revision of the annual cap for its previously fully exempt continuing connected transactions under the 2025 29th Research Institute Supply Framework Agreement. The company anticipates an increase in demand due to business development and expansion, prompting the board to propose raising the existing annual cap from RMB2 million to RMB5 million for the financial year ending December 31, 2025. This revision reflects the company’s growth strategy and its impact on operational capacity, while the transactions remain subject to reporting and review requirements under the Listing Rules.

Chengdu Putian Telecommunications Increases Annual Cap for 2025 Transactions

Chengdu Putian Telecommunications Cable Co., Ltd. has announced a revision of the annual cap for its continuing connected transactions under the 2025 23rd Research Institute Supply Framework Agreement. The company anticipates higher demand for its products, leading to an increase in the annual cap to RMB9 million for the year ending December 31, 2025. This adjustment reflects the company’s strategic move to accommodate growing demand while maintaining its existing agreements, without altering other terms. The transactions are subject to reporting and annual review requirements but are exempt from independent shareholders’ approval.

Chengdu SIWI Faces Delay in Auditor Appointment Due to Procedural Changes

Chengdu SIWI Science and Technology Company Limited announced a delay in appointing new auditors due to procedural requirements set by China Electronics Technology Group Corporation. The current auditors, Da Hua, are not eligible for re-selection as the pool of qualified auditors is being renewed. The company has no disagreements with Da Hua and will select new auditors once the renewed pool is established.

Chengdu SIWI Delays Auditor Appointment for 2024

Chengdu SIWI Science and Technology Company Limited has announced a delay in the appointment of auditors for the financial year ending December 31, 2024. The company is extending the selection process to ensure the appointment of qualified auditors, which will now be addressed in a separate general meeting following the annual general meeting scheduled for June 20, 2025. This delay highlights the company’s commitment to good corporate governance and may impact the timeline for finalizing its financial oversight for the upcoming year.

Chengdu SIWI Science and Technology Announces 2024 AGM Details

Chengdu SIWI Science and Technology Company Limited has announced its 2024 Annual General Meeting (AGM) to be held on June 20, 2025, in Chengdu, China. The meeting will address the approval of the board’s report, the audited financial report for 2024, and a profit distribution plan that proposes no dividend for the year. Shareholders are reminded of the procedures for attending and voting at the AGM, including the closure of the H Shares register from June 13 to June 20, 2025.