BoardWare Intelligence Technology Limited (1204) AI Stock Analysis

• Market Cap: HK$675.00M
• Dividend Yield: N/A
• Average Volume (3M): 57.27K
• Price to Earnings (P/E): 710.5
• Beta (1Y): 0.20
• Revenue Growth: -9.70%
• EPS Growth: -78.89%
• Country: HK
• Employees: 333
• Sector: Technology
• Sector Strength: 82
• Industry: Information Technology Services
• EPS (TTM): <0.01
• Shares Outstanding: 500,000,000
• 10 Day Avg. Volume: 37,000
• 30 Day Avg. Volume: 57,266
• PEG Ratio: -2.29
• Price to Book (P/B): 1.99
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 11.62
• 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 provides enterprise IT solutions in Macau. It offers professional IT services, including data networking, system infrastructure, virtualization, and cybersecurity services; IT operation management services, including cloud services, customers cybersecurity environment monitoring, and system network connectivity services; and maintenance services on IT systems or applications, as well as IT consultancy and advisory services, including attending on-site survey on customer's premises to assist in assessing their IT operational environment and IT related compliance with government requirements. The company also engages in the distribution and resale of hardware and software, such as laptops, license for window operation system, and third-party software in Hong Kong and Macau. It serves enterprises or bodies in telecommunications, media, and technology, as well as gaming and hospitality and public sectors. The company was founded in 2010 and is headquartered in Macau.

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
	EBIT
-15.73M	992.00K	7.67M	31.73M	35.00M
	EBITDA
-9.87M	24.11M	21.61M	43.97M	45.12M
	Net Income Common Stockholders
952.00K	4.50M	3.25M	24.00M	29.86M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
167.51M	82.05M	105.52M	14.48M	29.90M
	Total Assets
585.66M	583.40M	573.06M	436.12M	318.44M
	Total Debt
29.48M	22.21M	12.16M	79.43M	42.29M
	Net Debt
-56.39M	-6.52M	-93.36M	64.95M	12.39M
	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
0.00	-79.46M	56.79M	-54.85M	14.92M
	Operating Cash Flow
0.00	-75.43M	63.36M	-49.73M	20.24M
	Investing Cash Flow
0.00	-2.88M	-6.57M	-5.09M	-5.06M
	Financing Cash Flow
0.00	1.50M	34.86M	39.37M	-14.01M

BoardWare Intelligence Technology Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.35
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1204, the sentiment is Negative. The current price of 1.35 is below the 20-day moving average (MA) of 1.35, above the 50-day MA of 1.33, and below the 200-day MA of 2.23, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 48.27 is Neutral, neither overbought nor oversold. The STOCH value of 32.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
0046	75 Outperform	HK$359.17M	12.38	5.78%	7.43%	1.39%	-11.89%
1522	73 Outperform	HK$650.12M	3.88	6.11%	8.06%	1.20%	-3.85%
1985	68 Neutral	HK$495.00M	12.79	19.22%	2.73%	32.84%	36.36%
Sector *	62 Neutral	$31.72B	6.46	-12.45%	1.96%	5.62%	-22.66%
0771	61 Neutral	HK$608.60M	4.08	6.70%	32.26%	0.53%	13.71%
1204	47 Neutral	HK$675.00M	710.53	0.28%	―	-9.70%	-78.89%
3680	39 Underperform	HK$941.13M	―	-127.76%	―	1.50%	43.09%

BoardWare Intelligence Technology Limited Corporate Events

BoardWare Intelligence Reports Decline in Annual Profit Despite Increased Liquidity

BoardWare Intelligence Technology Limited announced its annual results for the year ended December 31, 2024, reporting a decrease in revenue by 9.7% to HK$648 million compared to the previous year. Despite an 8% increase in gross profit, the company’s profit for the year dropped significantly by 77.8% to HK$1 million, with a net profit margin decline to 0.1%. The company’s cash and cash equivalents increased to HK$85.9 million, indicating a stronger liquidity position.

BoardWare Issues Profit Warning Amid Strategic R&D Investments

BoardWare Intelligence Technology Limited has issued a profit warning, anticipating a decrease of up to 90% in profit before tax for FY2024 compared to the previous year. This decline is attributed to increased R&D, administrative, and distribution expenses, although partially offset by higher gross profit margins from managed services and increased government grants for R&D. The company views its R&D investments as strategic for future growth, aiming to enhance its market position and create long-term shareholder value.

BoardWare Intelligence Technology Schedules Board Meeting for Annual Results

BoardWare Intelligence Technology 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 recommending a final dividend for the same period, which could impact the company’s financial strategy and shareholder returns.