tiprankstipranks
Trending News
More News >
Cirtek Holdings Limited (HK:1433)
:1433
Hong Kong Market

Cirtek Holdings Limited (1433) AI Stock Analysis

Compare
1 Followers

Top Page

HK

Cirtek Holdings Limited

(1433)

Rating:67Neutral
Price Target:
Cirtek Holdings Limited exhibits strong financial performance with impressive revenue growth and profitability, though cash flow concerns remain. The technical indicators are neutral, showing no significant upward momentum. Valuation is highly attractive due to the low P/E ratio, suggesting potential undervaluation. The absence of recent earnings call data and corporate events does not contribute to the score.

Cirtek Holdings Limited (1433) vs. iShares MSCI Hong Kong ETF (EWH)

Cirtek Holdings Limited Business Overview & Revenue Model

Company DescriptionCirtek Holdings Limited (1433) is a globally recognized electronics manufacturing services company based in the Philippines. The company operates in the semiconductor industry, providing a comprehensive range of services, including assembly, testing, and packaging of integrated circuits and other electronic components. Cirtek Holdings serves a diverse range of sectors, such as telecommunications, consumer electronics, and automotive, by delivering high-quality and cost-effective manufacturing solutions.
How the Company Makes MoneyCirtek Holdings Limited generates revenue primarily through offering electronics manufacturing services to a wide array of clients across different industries. The company's key revenue streams include fees from assembly, testing, and packaging of semiconductor devices. Additionally, Cirtek benefits from long-term contracts and partnerships with major electronics and semiconductor companies, which ensure a steady flow of business. The company also capitalizes on its strategic position in the global supply chain, leveraging its expertise and capabilities to attract new clients and expand its market presence.

Cirtek Holdings Limited Financial Statement Overview

Summary
Cirtek Holdings Limited demonstrates strong revenue growth and profitability improvements, with a solid balance sheet characterized by moderate leverage. However, the lack of cash flow data for 2024 raises concerns about cash generation capabilities, highlighting a need for better cash management.
Income Statement
75
Positive
Cirtek Holdings Limited demonstrated strong revenue growth of 47.97% in 2024, indicating a robust upward trajectory. The gross profit margin improved to 49.10%, showcasing efficient cost management. However, the net profit margin, while improving to 11.22%, still reflects room for profitability enhancements. EBIT and EBITDA margins also showed significant recovery, suggesting better operational performance.
Balance Sheet
70
Positive
The company maintains a healthy equity ratio of 54.37%, reflecting a strong equity base. The debt-to-equity ratio of 0.28 indicates moderate leverage, which is manageable. However, the return on equity of 25.15% suggests effective use of equity to generate income, yet there's potential to optimize further.
Cash Flow
55
Neutral
Cash flow statements reveal no operating or free cash flow in 2024, suggesting potential cash management challenges. Historical data indicates fluctuating cash flow, with a significant free cash flow growth in previous years. The absence of cash flow metrics for 2024 raises concerns about cash generation capabilities.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue551.05M372.31M408.57M362.51M259.31M
Gross Profit270.62M162.55M173.46M158.01M130.20M
EBITDA89.45M15.32M48.68M50.58M39.51M
Net Income61.86M-25.68M12.56M14.98M1.65M
Balance Sheet
Total Assets452.43M369.43M395.07M401.03M361.69M
Cash, Cash Equivalents and Short-Term Investments68.52M34.16M76.46M102.10M114.74M
Total Debt67.67M48.18M51.07M46.15M54.61M
Total Liabilities206.50M174.39M155.81M150.74M124.82M
Stockholders Equity245.93M195.03M239.26M249.67M236.13M
Cash Flow
Free Cash Flow0.00-10.86M-6.54M6.37M2.83M
Operating Cash Flow79.64M21.25M46.52M42.55M26.15M
Investing Cash Flow0.00-31.13M-58.83M-35.63M-23.21M
Financing Cash Flow0.00-21.05M-11.73M-19.43M74.30M

Cirtek Holdings Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.08
Price Trends
50DMA
0.08
Positive
100DMA
0.07
Positive
200DMA
0.06
Positive
Market Momentum
MACD
<0.01
Negative
RSI
61.71
Neutral
STOCH
54.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1433, the sentiment is Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.71 is Neutral, neither overbought nor oversold. The STOCH value of 54.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1433.

Cirtek Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
$83.28B12.3118.17%8.81%12.76%34.50%
70
Outperform
$159.12B12.8911.39%2.78%-2.65%-14.96%
67
Neutral
HK$156.00M2.5228.06%9.38%48.01%
66
Neutral
HK$24.15B27.0625.73%168.87%150.80%
62
Neutral
$16.85B11.50-7.38%2.96%1.59%-23.36%
40
Neutral
$1.80B
-4.77%-15.54%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1433
Cirtek Holdings Limited
0.08
0.04
100.00%
HK:1415
Cowell e Holdings Inc.
29.15
6.40
28.13%
HK:0763
ZTE
23.85
7.03
41.76%
HK:2383
TOM Group
0.46
-0.04
-8.00%
HK:2313
Shenzhou International Group Holdings
56.05
-13.10
-18.95%

Cirtek Holdings Limited Corporate Events

Cirtek Holdings Limited Announces 2025 AGM Agenda
Apr 25, 2025

Cirtek Holdings Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 20, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of financial statements for the year ending December 31, 2024, re-election of directors, approval of a final dividend, and re-appointment of Ernst & Young as auditors. Additionally, a mandate will be discussed regarding the issuance of additional shares, which could impact the company’s capital structure and shareholder value.

Cirtek Holdings Limited Reports Turnaround with HK$61.9 Million Profit in 2024
Mar 31, 2025

Cirtek Holdings Limited reported a significant turnaround in its financial performance for the year ended December 31, 2024, with a profit attributable to owners of the company amounting to HK$61.9 million, compared to a loss of HK$25.7 million in the previous year. This improvement in profitability, despite a comprehensive loss due to exchange differences, reflects positively on the company’s operational efficiency and market positioning, potentially enhancing stakeholder confidence.

Cirtek Holdings Limited Declares Final Dividend for 2024
Mar 31, 2025

Cirtek Holdings Limited has announced a final ordinary cash dividend of HKD 0.0075 per share for the financial year ending December 31, 2024. The dividend will be paid on July 18, 2025, following shareholder approval on June 20, 2025, with the ex-dividend date set for June 24, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment and market perception of the company’s financial health.

Cirtek Holdings Postpones Board Meeting to Finalize 2024 Results
Mar 26, 2025

Cirtek Holdings Limited has announced the postponement of its board meeting originally scheduled for March 28, 2025, to March 31, 2025. This delay is due to the need for additional time to prepare and finalize the company’s audited annual results for the year ending December 31, 2024. The meeting will address the approval of these results and the consideration of a final dividend, impacting the company’s financial reporting timeline and potentially influencing stakeholder expectations.

Cirtek Holdings Announces Positive Profit Turnaround
Mar 14, 2025

Cirtek Holdings Limited announced a positive profit alert, expecting a profit before tax of not less than HK$65.0 million for the year ended December 31, 2024, marking a significant turnaround from a loss of approximately HK$19.7 million in the previous year. This improvement is attributed to increased sales orders and enhanced production efficiency, as well as effective cost management through global resource allocation.

Cirtek Holdings to Review Annual Results and Dividend Proposal
Mar 14, 2025

Cirtek Holdings Limited has announced a board meeting scheduled for March 28, 2025, to review and approve the audited annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend and address other business matters, potentially impacting the company’s financial strategy and stakeholder interests.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 20, 2025