BoardWare Intelligence Technology Limited (1204) AI Stock Analysis

• Market Cap: HK$950.00M
• Dividend Yield: N/A
• Average Volume (3M): 3.33K
• Price to Earnings (P/E): 1357.1
• Beta (1Y): 0.37
• Revenue Growth: 1.52%
• EPS Growth: -83.72%
• Country: HK
• Employees: 333
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): <0.01
• Shares Outstanding: 500,000,000
• 10 Day Avg. Volume: 2,400
• 30 Day Avg. Volume: 3,333
• PEG Ratio: -19.64
• Price to Book (P/B): 4.39
• Price to Sales (P/S): 2.28
• P/FCF Ratio: 72.92
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: HK$2.00 ▲(0.00% Upside)

The overall stock score is primarily influenced by financial performance challenges, particularly in revenue growth and cash flow management. Technical analysis provides some positive momentum, but the extremely high P/E ratio raises concerns about overvaluation. The absence of earnings call insights and corporate events means these factors do not influence the score.

Positive Factors

Robust Balance Sheet

A strong balance sheet with low leverage provides financial stability and resilience, allowing the company to withstand economic fluctuations and invest in growth opportunities.

Strategic Partnerships

Partnerships expand the company's customer acquisition channels and market presence, supporting long-term revenue growth and competitive positioning in the industry.

Subscription-Based Revenue Model

A subscription-based model provides predictable and recurring revenue streams, enhancing financial stability and enabling long-term planning and investment in product development.

Negative Factors

Declining Revenue

Declining revenue indicates challenges in market demand or competitive positioning, which can impact profitability and long-term growth prospects if not addressed.

Cash Flow Issues

Cash flow challenges can limit the company's ability to invest in growth initiatives, meet financial obligations, and maintain operational flexibility, posing a risk to long-term stability.

Low Profitability

Low profitability margins suggest operational inefficiencies or pricing pressures, which can hinder the company's ability to generate sufficient returns and invest in future growth.

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 subscription-based licensing of its software products to corporate clients, which includes annual fees for access to its board management platform and related tools. Additionally, the company offers consulting services that help organizations implement its solutions and optimize their governance practices. Key revenue streams include tiered subscription models that cater to different organizational sizes and needs, as well as premium features that can be purchased separately. Strategic partnerships with other technology providers and consulting firms further enhance its market reach and contribute to its earnings by providing bundled services and expanding customer acquisition channels.

BoardWare Intelligence Technology Limited Financial Statement Overview

Summary

The company faces challenges in revenue growth and profitability, with a declining income statement. However, the balance sheet is robust with low leverage, providing stability. Cash flow issues are a critical area for improvement.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	651.34M	648.01M	717.60M	580.83M	534.30M	475.31M
Gross Profit	128.91M	124.80M	115.65M	100.35M	112.11M	93.51M
EBITDA	-6.87M	-9.87M	24.11M	21.61M	43.97M	36.31M
Net Income	699.00K	952.00K	4.50M	3.25M	24.00M	29.86M
Balance Sheet
Total Assets	615.87M	585.66M	583.40M	573.06M	436.12M	318.44M
Cash, Cash Equivalents and Short-Term Investments	99.70M	167.51M	93.10M	160.27M	21.48M	29.90M
Total Debt	53.16M	29.48M	22.21M	12.16M	41.53M	42.29M
Total Liabilities	278.54M	249.71M	247.38M	242.04M	267.23M	185.45M
Stockholders Equity	337.34M	335.95M	336.03M	331.02M	168.88M	132.99M
Cash Flow
Free Cash Flow	67.48M	20.23M	-79.46M	56.79M	-54.85M	14.92M
Operating Cash Flow	77.34M	36.31M	-75.43M	63.36M	-49.73M	20.24M
Investing Cash Flow	-100.98M	28.08M	-2.88M	-56.57M	-5.09M	-5.06M
Financing Cash Flow	-7.74M	-7.17M	1.50M	84.86M	39.37M	-14.01M

BoardWare Intelligence Technology Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• 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 2 is above the 20-day moving average (MA) of 1.96, below the 50-day MA of 2.11, and above the 200-day MA of 1.64, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 29.22 is Positive, neither overbought nor oversold. The STOCH value of 79.14 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
1522	71 Outperform	HK$702.54M	3.84	6.75%	7.27%	7.39%	2.23%
0046	70 Outperform	HK$381.01M	12.93	5.83%	7.24%	-1.26%	-10.80%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
0771	61 Neutral	HK$736.18M	4.80	6.77%	3.66%	5.84%	94.89%
1985	55 Neutral	HK$375.00M	-186.57	-0.83%	8.55%	-1.86%	-105.19%
1204	54 Neutral	HK$950.00M	1,357.14	0.21%	―	1.52%	-83.72%
3680	39 Underperform	HK$972.77M	351.43	4.78%	―	-25.92%	―