Cirtek Holdings Limited (1433) AI Stock Analysis

• Market Cap: HK$196.00M
• Dividend Yield: 7.65%
• Average Volume (3M): 3.48M
• Price to Earnings (P/E): 3.2
• Beta (1Y): 0.48
• Revenue Growth: 48.01%
• EPS Growth: N/A
• Country: HK
• Employees: 1,424
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.01
• Shares Outstanding: 2,000,000,000
• 10 Day Avg. Volume: 4,774,000
• 30 Day Avg. Volume: 3,480,000
• PEG Ratio: 0.02
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.09
• 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: 67 Neutral
• 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 Business Overview & Revenue Model

Company Description

Cirtek 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 Money

Cirtek 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

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

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

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.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	551.05M	372.31M	408.57M	362.51M	259.31M
Gross Profit	270.62M	162.55M	173.46M	158.01M	130.20M
EBITDA	89.45M	15.32M	48.68M	50.58M	39.51M
Net Income	61.86M	-25.68M	12.56M	14.98M	1.65M
Balance Sheet
Total Assets	452.43M	369.43M	395.07M	401.03M	361.69M
Cash, Cash Equivalents and Short-Term Investments	68.52M	34.16M	76.46M	102.10M	114.74M
Total Debt	67.67M	48.18M	51.07M	46.15M	54.61M
Total Liabilities	206.50M	174.39M	155.81M	150.74M	124.82M
Stockholders Equity	245.93M	195.03M	239.26M	249.67M	236.13M
Cash Flow
Free Cash Flow	0.00	-10.86M	-6.54M	6.37M	2.83M
Operating Cash Flow	79.64M	21.25M	46.52M	42.55M	26.15M
Investing Cash Flow	0.00	-31.13M	-58.83M	-35.63M	-23.21M
Financing Cash Flow	0.00	-21.05M	-11.73M	-19.43M	74.30M

Cirtek Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 0.1 is above the 20-day moving average (MA) of 0.09, 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 87.24 is Negative, neither overbought nor oversold. The STOCH value of 85.55 is Negative, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0763	79 Outperform	$172.98B	14.33	11.39%	0.10%	-2.65%	-14.96%
2313	78 Outperform	$89.59B	13.26	18.17%	0.07%	12.76%	34.50%
1433	67 Neutral	HK$196.00M	3.16	28.06%	7.65%	48.01%	―
1415	66 Neutral	HK$24.55B	26.78	25.73%	―	168.87%	150.80%
Sector *	57 Neutral	HK$26.40B	4.11	-2.03%	5.49%	-0.23%	-68.02%
2383	40 Neutral	$1.80B	―		―	-4.77%	-15.54%

Cirtek Holdings Limited Corporate Events

Cirtek Holdings Limited Announces 2025 AGM Agenda

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

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

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

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

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

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.