Mobicon Group Limited (1213) AI Stock Analysis

• Market Cap: HK$45.80M
• Dividend Yield: 8.73%
• Average Volume (3M): 4.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.23
• Revenue Growth: -20.08%
• EPS Growth: -44.11%
• Country: HK
• Employees: 345
• Sector: Technology
• Sector Strength: 93
• Industry: Technology Distributors
• EPS (TTM): -0.03
• Shares Outstanding: 200,000,000
• 10 Day Avg. Volume: 6,000
• 30 Day Avg. Volume: 4,066
• PEG Ratio: 0.11
• Price to Book (P/B): 0.36
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.12
• 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: ―

Mobicon Group Limited has a low overall stock score due to significant profitability and revenue growth challenges. The company's stock shows bearish technical trends and negative valuation metrics, although it offers a relatively high dividend yield. Improving profitability and operational efficiencies are critical for enhancing financial health and stock performance.

Mobicon Group Limited Business Overview & Revenue Model

Company Description

Mobicon Group Limited, an investment holding company, trades in and distributes electronic components, automation parts, and equipment in Hong Kong, the Asia Pacific, South Africa, and Europe. The company operates through three segments: Electronic and Electrical Trading Business, Computer Business, and Cosmetic and Online Retail Business. It is also involved in the trading, distribution, and retail of computer products and mobile accessories, and computer products; and provision of information technology services. In addition, the company trades in, distributes, and retails cosmetic products through a network of 8 retail shops, as well as online channels. Mobicon Group Limited offers its products under the MOBICON, VideoCom, APower, and wishh brand names. Mobicon Group Limited was founded in 1983 and is headquartered in San Po Kong, Hong Kong.

How the Company Makes Money

Mobicon Group Limited generates revenue primarily through the distribution and sale of electronic components and computer products. The electronic trading segment is a key revenue stream, where the company sources electronic components and parts from manufacturers and supplies them to businesses and retailers. In the computer business segment, Mobicon earns income by distributing computer peripherals, software, and mobile accessories to its customers. The company leverages its extensive distribution network and relationships with suppliers to offer a broad portfolio of products. Significant partnerships with manufacturers and suppliers enhance its product offerings and market reach, contributing to its earnings.

Mobicon Group Limited Financial Statement Overview

Summary

Mobicon Group Limited faces challenges in profitability and revenue growth, with a declining revenue trend and negative net profit margin. The balance sheet shows moderate leverage but declining stockholders' equity, while cash flow remains positive, albeit declining.

Income Statement

Mobicon Group Limited has experienced a declining revenue trend over the past few years with a negative revenue growth rate. The gross profit margin has been stable, but the net profit margin is negative due to consistent net losses, indicating profitability challenges. EBIT and EBITDA margins have decreased, reflecting operational inefficiencies.

Balance Sheet

The company's debt-to-equity ratio suggests moderate leverage, but the decline in stockholders' equity over time could pose stability risks. The equity ratio indicates a reasonable proportion of equity financing. However, the negative return on equity highlights issues in generating shareholder returns.

Cash Flow

Mobicon Group Limited's free cash flow has been positive but declining, which may affect future operational flexibility. The operating cash flow to net income ratio shows strong cash generation relative to net losses, indicating good operational cash management despite profitability issues.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	340.58M	410.42M	501.27M	456.37M	461.25M
Gross Profit	89.49M	106.08M	131.77M	109.85M	102.63M
EBITDA	18.35M	22.85M	39.47M	34.87M	15.72M
Net Income	-4.89M	-378.00K	13.21M	12.15M	-5.73M
Balance Sheet
Total Assets	273.88M	320.09M	355.93M	334.48M	306.36M
Cash, Cash Equivalents and Short-Term Investments	23.66M	30.43M	37.22M	33.52M	28.83M
Total Debt	69.89M	89.58M	108.58M	102.25M	111.59M
Total Liabilities	107.23M	147.42M	167.76M	161.60M	164.87M
Stockholders Equity	113.03M	123.53M	137.28M	125.16M	106.28M
Cash Flow
Free Cash Flow	20.43M	26.61M	16.62M	22.34M	18.09M
Operating Cash Flow	21.95M	44.62M	28.82M	23.42M	19.64M
Investing Cash Flow	-632.00K	-17.93M	-11.62M	-849.00K	-9.65M
Financing Cash Flow	-27.32M	-29.37M	-12.58M	-23.47M	-10.27M

Mobicon Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1213, the sentiment is Positive. The current price of 0.24 is above the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.22, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 73.31 is Negative, neither overbought nor oversold. The STOCH value of 63.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1213.

Mobicon Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1184	69 Neutral	HK$2.70B	5.38	18.22%	5.71%	24.08%	24.13%
2166	66 Neutral	HK$864.97M	8.36	10.77%	6.70%	-17.97%	46.24%
Sector *	63 Neutral	$34.26B	5.42	-11.67%	1.85%	5.30%	-18.55%
1362	62 Neutral	HK$99.40M	10.11	5.87%	4.22%	-11.29%	9.01%
1213	47 Neutral	HK$45.80M	―	-10.42%	8.73%	-20.08%	-44.11%
0529	―	HK$455.87M	3.35	3.94%	1.22%	―	―
6036	48 Neutral	HK$462.30M	68.25	2.38%	―	20.64%	―