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Technovator International
(1206)
Technovator International (1206) vs. iShares MSCI Hong Kong ETF (EWH)
Technovator International Business Overview & Revenue Model
Technovator International Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.98B | 1.83B | 1.84B | 1.74B | 1.62B | 1.74B |
| Gross Profit | 210.19M | 145.19M | 169.32M | 303.43M | 317.49M | 362.65M |
| EBITDA | -126.25M | -203.99M | 22.59M | 143.96M | 137.88M | 262.10M |
| Net Income | -202.84M | -265.91M | -100.96M | 55.13M | 45.31M | 130.60M |
Balance Sheet | ||||||
| Total Assets | 5.30B | 5.57B | 5.55B | 5.29B | 4.80B | 4.88B |
| Cash, Cash Equivalents and Short-Term Investments | 101.76M | 344.69M | 363.32M | 354.04M | 394.20M | 587.89M |
| Total Debt | 364.57M | 348.50M | 288.41M | 192.20M | 101.87M | 217.81M |
| Total Liabilities | 2.67B | 2.94B | 2.65B | 2.29B | 1.86B | 1.98B |
| Stockholders Equity | 2.61B | 2.61B | 2.88B | 2.98B | 2.92B | 2.88B |
Cash Flow | ||||||
| Free Cash Flow | 64.48M | -81.62M | -33.74M | -172.31M | -93.32M | -37.30M |
| Operating Cash Flow | 66.48M | 11.64M | 72.10M | -44.37M | 9.43M | 88.73M |
| Investing Cash Flow | -40.74M | -59.37M | -81.25M | -100.31M | -60.25M | -91.52M |
| Financing Cash Flow | -38.10M | 32.12M | 16.36M | 92.56M | -104.75M | -51.91M |
Technovator International Technical Analysis
Technovator International Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$300.00M | 7.02 | 5.64% | 5.22% | -16.27% | -36.15% | |
72 Outperform | HK$307.49M | 4.53 | 9.83% | 9.09% | 0.64% | -26.43% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | HK$368.31M | 19.51 | 1.03% | ― | 38.86% | ― | |
54 Neutral | HK$393.04M | 41.21 | 0.63% | 0.63% | 5.72% | -57.39% | |
50 Neutral | HK$297.23M | -1.33 | -7.49% | ― | 10.81% | -30.55% | |
48 Neutral | HK$226.27M | -1.93 | -8.12% | ― | 6.32% | 28.39% |
Technovator International Corporate Events
Technovator International Limited has called its second extraordinary general meeting for 2026 to be held on 28 January 2026 in Hong Kong, where shareholders will vote on approving, confirming and ratifying a trust loan agreement dated 17 September 2025 and an associated intellectual property pledge agreement. The proposed resolution would also authorize any director to execute all necessary documents and take all ancillary actions to implement these financing and IP-backed security arrangements, signalling a formal step in securing funding tied to the company’s intellectual property assets and granting management broad authority to finalize and adjust the transaction structure within administrative parameters.
The most recent analyst rating on (HK:1206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Technovator International stock, see the HK:1206 Stock Forecast page.
Technovator International Limited has called its first extraordinary general meeting of 2026 for 28 January in Hong Kong, where shareholders will be asked to approve, confirm and ratify a series of 2025 transactional agreements, including business arrangements, purchase, sales and master agreements, together with their respective annual caps. The resolutions, if passed, will also grant the board broad authority to execute related documents and take all necessary steps to implement these 2025 agreements, underpinning the company’s ability to carry out its planned transactions and providing formal shareholder backing for key elements of its operational and commercial framework for the coming period.
The most recent analyst rating on (HK:1206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Technovator International stock, see the HK:1206 Stock Forecast page.
Technovator International has entered into a supplemental agreement with its controlling shareholder Tsinghua Tongfang Co. Ltd. (THTF) to revise pricing terms under existing business arrangements covering its intelligent rail transit, building and urban heating network operations. The new terms require prices for sales and procurement contracts involving THTF to be benchmarked against ranges agreed with third-party customers or against at least two comparable market transactions over the past 12 months, while all other terms and annual caps remain unchanged; the board, excluding independent non-executive directors who will opine after receiving independent advice, believes the revisions are fair and in shareholders’ interests. The company will convene two extraordinary general meetings on 28 January 2026 in Hong Kong to seek shareholder approval for the amended 2025 agreements as well as previously announced trust loan and intellectual property pledge arrangements, and will temporarily close its register of members from 23 to 28 January 2026 to determine voting entitlements, signaling a key governance step in formalizing these connected transaction frameworks.
The most recent analyst rating on (HK:1206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Technovator International stock, see the HK:1206 Stock Forecast page.
Technovator International Limited has announced a further delay in sending a shareholder circular relating to its previously disclosed Trust Loan Agreement, IP Pledge Agreement and the associated transactions. The circular, which will include details of the transactions, independent financial advice and a notice to convene an extraordinary general meeting for shareholder approval, was originally expected to be dispatched by 31 December 2025 but is now targeted for distribution on or before 31 January 2026, reflecting the additional time needed to finalize its contents and extending the timetable for shareholder consideration and approval of the financing arrangements.
The most recent analyst rating on (HK:1206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Technovator International stock, see the HK:1206 Stock Forecast page.
Technovator International has unveiled a 2025 Valuation Enhancement Action Plan aimed at boosting its investment value and shareholder returns by sharpening its focus on core businesses, improving operational efficiency and profitability, and optimizing capital allocation. The strategy centers on deepening its leadership in smart rail transit through expanded integrated command-centre projects and overseas growth, leveraging urban renewal policies to scale its smart building and complex offerings, and broadening its smart heating business to larger city and provincial markets. Management plans to increase R&D spending with defined targets, drive breakthroughs in key technologies, and roll out a “product + service + operations” model to strengthen pricing power, customer loyalty and recurring revenues, while simultaneously tightening cost control, enhancing supply-chain bargaining power, and improving project margins and cash collection. The Board has also reaffirmed a five-year development plan that includes a comprehensive asset review to distinguish core, growth and underperforming assets, with non-core or low-synergy units to be streamlined or divested and capital redeployed into high-potential areas, alongside disciplined pursuit of M&A or investments that reinforce core segments and deliver synergies, underscoring a more disciplined, value-driven approach likely to be closely watched by investors and industry peers.
The most recent analyst rating on (HK:1206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Technovator International stock, see the HK:1206 Stock Forecast page.
Technovator International Limited has announced new agreements for 2025 to continue its connected transactions with Tongfang Group, ensuring the continuation of business arrangements, sales, and purchases related to intelligent energy-saving products and services. These agreements, which include the Business Arrangements Agreement, Sales Agreement, Purchase Agreement, and Master Agreement, are set for a three-year term starting January 2026, with specified annual financial caps. The continuation of these agreements solidifies Technovator’s operational stability and strategic positioning in the market, while also complying with the Listing Rules due to its connected transactions with Tongfang Group, a major shareholder.
The most recent analyst rating on (HK:1206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Technovator International stock, see the HK:1206 Stock Forecast page.
Technovator International Limited has announced a delay in the dispatch of a circular related to the Trust Loan Agreement and the IP Pledge Agreement. The circular, which includes advice from the Independent Board Committee and Somerley Capital Limited, was initially expected to be sent to shareholders by 28 November 2025, but will now be dispatched by 31 December 2025 due to additional time needed for finalization.
The most recent analyst rating on (HK:1206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Technovator International stock, see the HK:1206 Stock Forecast page.
Technovator International Limited has announced a delay in the dispatch of a circular related to the Trust Loan Agreement and the IP Pledge Agreement. Originally scheduled for release by October 23, 2025, the circular will now be sent out around November 28, 2025, due to the need for additional time to finalize its content. This delay may impact the approval process of the transactions by the shareholders.
The most recent analyst rating on (HK:1206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Technovator International stock, see the HK:1206 Stock Forecast page.