i-Control Holdings Limited (1402) AI Stock Analysis

• Market Cap: HK$252.00M
• Dividend Yield: N/A
• Average Volume (3M): 46.00K
• Price to Earnings (P/E): ―
• Beta (1Y): <0.01
• Revenue Growth: -10.61%
• EPS Growth: 93.27%
• Country: HK
• Employees: 69
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.00
• Shares Outstanding: 1,050,500,000
• 10 Day Avg. Volume: 16,000
• 30 Day Avg. Volume: 46,000
• PEG Ratio: -0.80
• Price to Book (P/B): 2.04
• Price to Sales (P/S): 1.96
• P/FCF Ratio: 13.42
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: HK$0.50 ▲(108.33% Upside)

The overall stock score of 53 reflects significant challenges in financial performance, particularly in profitability, as indicated by negative net profit margins and a negative P/E ratio. Technical analysis shows positive price trends, but potential overbought conditions could limit upside. The absence of a dividend yield and negative earnings further weigh on the valuation.

Positive Factors

Free Cash Flow Growth

Improving free cash flow growth indicates better cash generation, enhancing the company's ability to reinvest in its business and manage debt.

Low Leverage

Low leverage provides financial flexibility and reduces risk, allowing the company to navigate economic downturns more effectively.

Revenue Model Diversification

A diversified revenue model stabilizes income streams and reduces dependency on any single source, supporting long-term financial health.

Negative Factors

Negative Profit Margins

Negative profit margins indicate challenges in cost management and pricing power, potentially impacting long-term profitability.

Declining Gross Profit Margins

Declining gross profit margins suggest increasing cost pressures, which can erode profitability if not managed effectively.

Negative Return on Equity

Negative return on equity indicates inefficient use of shareholder funds, which can deter investment and hinder growth prospects.

i-Control Holdings Limited Business Overview & Revenue Model

Company Description

i-Control Holdings Limited (1402) is a company focused on providing innovative solutions in the fields of smart home technology and energy management. Operating primarily in the Internet of Things (IoT) sector, the company develops and markets a range of products designed to enhance automation, efficiency, and user experience in residential and commercial environments. Core offerings include smart home devices, energy monitoring systems, and integrated software platforms that facilitate remote management and control of various applications.

How the Company Makes Money

i-Control Holdings Limited generates revenue through multiple streams, primarily by selling smart home devices and related technology products directly to consumers and businesses. The company also earns income from service subscriptions related to its software platforms that support device management and energy monitoring. Additionally, i-Control may engage in partnerships with energy providers and technology firms to integrate its solutions within broader ecosystems, further enhancing its market reach and revenue potential. The company's focus on innovation and customer-centric solutions positions it well to capitalize on the growing demand for smart home and energy management technologies.

i-Control Holdings Limited Financial Statement Overview

Summary

i-Control Holdings Limited faces challenges in profitability, as evidenced by negative net profit margins and declining gross profit margins. The balance sheet is stable with low leverage, but the negative return on equity highlights profitability issues. Cash flow metrics show some positive trends, particularly in free cash flow growth, but overall cash conversion remains a concern. The company needs to focus on improving profitability and maintaining cost efficiency to enhance its financial performance.

Income Statement

The company has experienced fluctuating revenue growth with a recent positive trend of 3.9%. However, profitability metrics such as net profit margin and EBIT margin are negative, indicating challenges in maintaining profitability. The gross profit margin has decreased significantly over the years, suggesting pressure on cost management.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio of 0.087, indicating low leverage and financial stability. However, the return on equity is negative, reflecting poor profitability. The equity ratio is strong, suggesting a solid capital structure.

Cash Flow

The company has shown improvement in free cash flow growth at 19.9%, which is a positive sign. However, the operating cash flow to net income ratio is moderate, indicating potential challenges in converting income into cash. The free cash flow to net income ratio is close to 1, suggesting efficient cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	122.22M	122.22M	121.88M	157.84M	171.45M	145.38M
Gross Profit	7.25M	14.00M	12.29M	18.95M	60.86M	56.82M
EBITDA	-1.39M	-7.42M	-8.34M	11.95M	11.78M	18.52M
Net Income	-18.32M	-18.32M	-12.88M	5.74M	6.70M	12.79M
Balance Sheet
Total Assets	151.49M	151.49M	190.15M	236.16M	243.80M	207.67M
Cash, Cash Equivalents and Short-Term Investments	48.83M	48.83M	35.82M	49.44M	71.03M	68.69M
Total Debt	10.24M	10.24M	15.63M	18.89M	22.53M	26.42M
Total Liabilities	34.28M	34.28M	49.37M	55.66M	68.71M	62.75M
Stockholders Equity	117.21M	117.21M	141.23M	179.44M	174.30M	144.98M
Cash Flow
Free Cash Flow	17.85M	17.85M	9.44M	-13.27M	4.98M	7.72M
Operating Cash Flow	18.06M	18.06M	10.02M	-4.45M	5.48M	8.88M
Investing Cash Flow	140.00K	140.00K	-532.00K	-8.79M	-21.79M	-560.00K
Financing Cash Flow	-5.05M	-5.05M	-23.00M	-7.87M	18.30M	-10.65M

i-Control Holdings Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1402, the sentiment is Positive. The current price of 0.24 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.23, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.61 is Neutral, neither overbought nor oversold. The STOCH value of 68.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1402.

i-Control Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1522	71 Outperform	HK$702.54M	3.78	6.75%	7.16%	7.39%	2.23%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
1460	61 Neutral	HK$276.44M	16.24	2.96%	3.33%	8.45%	-30.47%
8229	54 Neutral	HK$297.37M	―	―	―	-9.21%	-4.52%
1402	53 Neutral	HK$252.00M	-160.00	-1.31%	―	-10.61%	93.27%
8606	48 Neutral	HK$89.64M	-61.82	-1.95%	―	5.01%	82.54%

i-Control Holdings Limited Corporate Events

i-Control Holdings Limited Reports Interim Results with Improved Profitability

i-Control Holdings Limited announced its unaudited interim results for the six months ending September 30, 2025, revealing a significant decrease in revenue from HK$63,144,000 in 2024 to HK$46,076,000 in 2025. Despite the decline in revenue, the company managed to report a profit of HK$181,000 from continuing operations, compared to a loss of HK$10,463,000 in the same period last year, indicating a positive shift in operational performance. The announcement suggests a strategic improvement in cost management and operational efficiency, which could positively impact stakeholders and enhance the company’s market position.

i-Control Holdings Limited Announces Upcoming Board Meeting

i-Control Holdings Limited has announced a board meeting scheduled for November 12, 2025. The meeting will focus on approving the unaudited consolidated interim results for the six months ending September 30, 2025, and considering the payment of an interim dividend. This announcement signals the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting investor confidence and market positioning.

i-Control Holdings Limited Announces Positive Profit Turnaround

i-Control Holdings Limited has announced a positive profit alert, indicating a significant turnaround from a net loss of approximately HK$17 million in the previous year to an expected net profit of up to HK$500,000 for the six months ending September 2025. This improvement is attributed to decreased impairment losses, reduced staff costs, and the disposal of loss-making subsidiaries. The company is finalizing its unaudited financial statements, with results expected in mid-November 2025.