BoardWare Intelligence Technology Limited (1204) AI Stock Analysis

• Market Cap: HK$670.00M
• Dividend Yield: N/A
• Average Volume (3M): 25.80K
• Price to Earnings (P/E): 705.3
• Beta (1Y): 0.21
• Revenue Growth: -9.70%
• EPS Growth: -78.89%
• Country: HK
• Employees: 333
• Sector: Technology
• Sector Strength: 94
• Industry: Information Technology Services
• EPS (TTM): <0.01
• Shares Outstanding: 500,000,000
• 10 Day Avg. Volume: 19,400
• 30 Day Avg. Volume: 25,800
• PEG Ratio: -7.40
• Price to Book (P/B): 1.63
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.72
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: ―

BoardWare Intelligence Technology Limited has significant financial challenges, particularly in terms of revenue growth and profitability, as well as cash flow issues that need addressing. While the balance sheet is strong, providing some financial stability, the technical analysis highlights a bearish trend with oversold conditions. The valuation metrics suggest overvaluation, making the stock less attractive. The overall score reflects these concerns, emphasizing the need for strategic improvements to enhance performance.

BoardWare Intelligence Technology Limited Business Overview & Revenue Model

Company Description

BoardWare Intelligence Technology Limited (1204) is a technology company operating in the information technology sector. The company specializes in providing software solutions and services that enhance data analytics, cybersecurity, and enterprise management processes. By leveraging advanced technologies, BoardWare aims to deliver innovative products that cater to the evolving needs of businesses in various industries.

How the Company Makes Money

BoardWare Intelligence Technology Limited generates revenue primarily through the sale of its software solutions and related services. The company's key revenue streams include licensing fees for their software products, subscription services for cloud-based solutions, and consulting fees for customization and implementation of their technologies. Additionally, BoardWare may engage in significant partnerships and collaborations with other technology firms to expand its market reach and enhance its product offerings. These strategic alliances could contribute to revenue growth by enabling access to new client bases and fostering technological advancements.

BoardWare Intelligence Technology Limited Financial Statement Overview

Summary

BoardWare Intelligence Technology Limited faces challenges in revenue growth and profitability, as evidenced by declining income statement metrics. However, the balance sheet remains robust with low leverage, providing a cushion against financial instability. Cash flow issues highlight a critical area for improvement to ensure long-term sustainability.

Income Statement

The company shows a decline in revenue from the previous year, with a negative EBIT and EBITDA, indicating operational challenges. The net profit margin is low at 0.15%, primarily affected by declining revenue and profitability in the most recent year.

Balance Sheet

The balance sheet shows a healthy equity position with a debt-to-equity ratio of 0.09, suggesting low financial leverage. The equity ratio is strong at 57.35%, indicating a stable financial structure despite some volatility in total liabilities.

Cash Flow

Cash flow analysis reveals concerns, with zero operating and free cash flow in the most recent year, indicating potential liquidity issues. Historical data shows fluctuations, underscoring the need for improved cash management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	648.01M	717.60M	580.83M	534.30M	475.31M
Gross Profit	124.80M	115.65M	100.35M	112.11M	93.51M
EBITDA	-9.87M	24.11M	21.61M	43.97M	45.12M
Net Income	952.00K	4.50M	3.25M	24.00M	29.86M
Balance Sheet
Total Assets	585.66M	583.40M	573.06M	436.12M	318.44M
Cash, Cash Equivalents and Short-Term Investments	167.51M	82.05M	105.52M	14.48M	29.90M
Total Debt	29.48M	22.21M	12.16M	79.43M	42.29M
Total Liabilities	249.71M	247.38M	242.04M	267.23M	185.45M
Stockholders Equity	335.95M	336.03M	331.02M	168.88M	132.99M
Cash Flow
Free Cash Flow	20.23M	-79.46M	56.79M	-54.85M	14.92M
Operating Cash Flow	36.31M	-75.43M	63.36M	-49.73M	20.24M
Investing Cash Flow	28.08M	-2.88M	-6.57M	-5.09M	-5.06M
Financing Cash Flow	-7.17M	1.50M	34.86M	39.37M	-14.01M

BoardWare Intelligence Technology Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.34
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1204, the sentiment is Neutral. The current price of 1.34 is above the 20-day moving average (MA) of 1.30, above the 50-day MA of 1.31, and below the 200-day MA of 2.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.32 is Neutral, neither overbought nor oversold. The STOCH value of 80.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1204.

BoardWare Intelligence Technology Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1522	77 Outperform	HK$629.14M	3.75	6.11%	8.00%	1.20%	-3.85%
0046	74 Outperform	HK$383.43M	13.22	5.78%	6.96%	1.39%	-11.89%
1985	68 Neutral	HK$453.00M	50.33	4.04%	2.88%	32.84%	36.36%
0771	61 Neutral	HK$867.04M	5.81	6.70%	2.83%	0.53%	13.71%
Sector *	57 Neutral	HK$14.24B	5.26	-5.75%	5.39%	9.34%	-42.23%
3680	50 Neutral	HK$956.95M	―	-127.76%	―	1.50%	43.23%
1204	47 Neutral	HK$670.00M	705.26	0.28%	―	-9.70%	-78.89%

BoardWare Intelligence Technology Limited Corporate Events

BoardWare Intelligence Technology Limited Announces Updated Board of Directors

BoardWare Intelligence Technology Limited, a company incorporated in the Cayman Islands, has announced the updated list of its board of directors effective from July 1, 2025. The board includes executive directors Mr. Chao Ka Chon, Ms. Chiu Koon Chi, and Mr. Ng Hong Kei, non-executive director Mr. Li Haodong, and independent non-executive directors Mr. Man Wing Pong, Dr. U Seng Pan, and Mr. Suen Chi Wai. The announcement also details the composition of the board’s committees, highlighting the roles and functions of each director within the audit, remuneration, and nomination committees.

BoardWare Intelligence Technology Limited Forms Nomination Committee to Enhance Governance

BoardWare Intelligence Technology Limited has established a Nomination Committee in compliance with the Corporate Governance Code of the Hong Kong Stock Exchange. The committee’s main objective is to regularly review and recommend changes to the board’s structure, ensuring it aligns with the company’s corporate strategy. This move is expected to enhance the company’s governance practices by ensuring a diverse and well-structured board, which could positively impact its operations and stakeholder confidence.

BoardWare Intelligence Announces Leadership Changes and Governance Enhancements

BoardWare Intelligence Technology Limited has announced the resignation of Ms. Lei Sok Han as an executive director, effective July 1, 2025, to focus on personal commitments. The company also revealed changes in its nomination committee, with Ms. Chiu Koon Chi and Dr. U Seng Pan joining as members, and Mr. Man Wing Pong being designated as the lead independent non-executive director. These changes align with upcoming amendments to the Corporate Governance Code, aiming to enhance board effectiveness and diversity.

BoardWare Intelligence Technology Limited AGM Resolutions Unanimously Passed

BoardWare Intelligence Technology Limited announced that all resolutions proposed at its Annual General Meeting on June 20, 2025, were passed unanimously. The resolutions included the re-election of directors, authorization of director remuneration, reappointment of Deloitte Touche Tohmatsu as independent auditor, and granting mandates for share allotment and repurchase. This outcome reflects strong shareholder support and positions the company for continued strategic growth and operational stability.

BoardWare Intelligence Technology Limited Announces AGM and Key Resolutions

BoardWare Intelligence Technology Limited has announced its upcoming annual general meeting (AGM) scheduled for June 20, 2025, in Macau. The meeting will address several key resolutions, including the re-election of directors, approval of financial statements, and authorization for the board to fix directors’ remuneration and appoint auditors. Additionally, a resolution will be considered to allow the directors to issue additional shares, subject to certain conditions, which could impact the company’s capital structure and shareholder value.