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Pangaea Connectivity Technology Limited
(1473)
Pangaea Connectivity Technology Limited (1473) vs. iShares MSCI Hong Kong ETF (EWH)
Pangaea Connectivity Technology Limited Business Overview & Revenue Model
Pangaea Connectivity Technology Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.80B | 2.13B | 1.38B | 1.20B | 1.22B | 1.55B |
| Gross Profit | 160.28M | 221.11M | 117.08M | 118.57M | 145.66M | 188.55M |
| EBITDA | 29.78M | 81.33M | 5.98M | 3.59M | 28.06M | 88.37M |
| Net Income | -675.00K | 30.52M | -29.26M | -31.40M | 3.73M | 50.13M |
Balance Sheet | ||||||
| Total Assets | 781.93M | 836.77M | 847.88M | 718.21M | 794.09M | 735.20M |
| Cash, Cash Equivalents and Short-Term Investments | 55.84M | 64.14M | 64.10M | 182.55M | 265.71M | 202.71M |
| Total Debt | 272.69M | 306.82M | 288.71M | 365.01M | 407.32M | 260.44M |
| Total Liabilities | 553.02M | 592.73M | 629.70M | 469.66M | 519.50M | 467.01M |
| Stockholders Equity | 228.92M | 244.04M | 218.18M | 248.55M | 274.59M | 268.19M |
Cash Flow | ||||||
| Free Cash Flow | 50.48M | 31.31M | 98.39M | -47.24M | -48.14M | 46.87M |
| Operating Cash Flow | 51.19M | 42.30M | 99.48M | -38.66M | -43.64M | 48.21M |
| Investing Cash Flow | 12.22M | -14.91M | 15.41M | -8.57M | -22.02M | -1.34M |
| Financing Cash Flow | -80.69M | -27.39M | -115.66M | -44.58M | 128.40M | 87.78M |
Pangaea Connectivity Technology Limited Technical Analysis
Pangaea Connectivity Technology Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$609.44M | 16.72 | 13.21% | 1.92% | 53.77% | ― | |
61 Neutral | $36.05B | 6.66 | -10.61% | 1.86% | 8.68% | -8.81% | |
| ― | €43.20M | 242.50 | 0.15% | ― | ― | ― | |
71 Outperform | HK$160.60M | 7.42 | 3.16% | ― | 6.07% | 136.36% | |
59 Neutral | HK$260.20M | 6.17 | 5.02% | ― | 1.01% | 660.00% | |
41 Neutral | HK$121.20M | ― | -29.56% | ― | -12.03% | -40.38% | |
41 Neutral | HK$109.94M | ― | -29.38% | ― | 86.85% | -36.65% |
Pangaea Connectivity Technology Limited Corporate Events
Pangaea Connectivity Technology Limited has announced a supplemental update regarding the placement of new shares, with net proceeds expected to be approximately HK$35.3 million. The company plans to allocate about 85% of these proceeds to explore business opportunities in AI technology-related areas, aiming to enhance its connectivity products for AI applications. This strategic move is intended to capitalize on the growing demand for AI-driven solutions, diversify product offerings, and create long-term value for shareholders. The remaining funds will be used for general corporate purposes, with a focus on developing high-bandwidth connectivity solutions to support data-intensive AI algorithms.
Pangaea Connectivity Technology Limited has announced a placing of new shares under a general mandate, aiming to raise approximately HK$35.8 million in gross proceeds. The funds will be used to explore business opportunities in AI technology or as general working capital. The placing involves up to 199,000,000 shares, representing 20% of the existing share capital, and is priced at HK$0.180 per share, a discount to the recent closing price. Trading in the company’s shares was temporarily halted but has since resumed.
Pangaea Connectivity Technology Limited has announced its upcoming annual general meeting scheduled for August 22, 2025, in Hong Kong. Key agenda items include reviewing financial statements, declaring a final dividend, re-electing directors, and re-appointing auditors. Additionally, the company seeks shareholder approval to authorize directors to manage share allotments and treasury shares, reflecting strategic flexibility in capital management.
Pangaea Connectivity Technology Limited has announced a trading halt on its shares on the Hong Kong Stock Exchange as of July 23, 2025. This halt is pending the release of an announcement regarding the placement of new shares, which is considered inside information, potentially impacting the company’s market positioning and stakeholder interests.
Pangaea Connectivity Technology Limited has announced the composition of its board of directors and their roles within the company. The board consists of both executive and independent non-executive directors, with specific members assigned to various committees such as Audit, Remuneration, Nomination, and Risk Management. This announcement highlights the company’s governance structure, which is crucial for stakeholders to understand the leadership and oversight in place.
Pangaea Connectivity Technology Limited has announced the appointment of Mr. Ng Sing Yip as an independent non-executive director, effective from July 1, 2025. Mr. Ng brings over 30 years of legal experience and has held significant positions in various financial institutions, which is expected to enhance the company’s governance and strategic oversight. This appointment is part of a broader change in the composition of the company’s board committees, potentially strengthening its market position and operational oversight.
Pangaea Connectivity Technology Limited has announced its annual results for the year ending March 31, 2025, declaring a final ordinary cash dividend of HKD 0.01 per share. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders, with the dividend payment scheduled for September 22, 2025. The decision to distribute dividends could positively impact investor confidence and market perception, reinforcing the company’s stable position in the industry.
Pangaea Connectivity Technology Limited reported a significant financial turnaround for the year ending March 31, 2025, with a 53.8% increase in total revenue to HK$2,128.2 million and a net profit of HK$30.5 million, compared to a net loss in the previous year. The company announced a proposed final dividend of HK1.0 cent per share, reflecting its improved financial health and positive outlook.
Pangaea Connectivity Technology Limited has outlined the terms of reference for its Nomination Committee, emphasizing a structure that includes a diverse and independent membership. The committee will play a crucial role in governance, with a focus on maintaining transparency and integrity in the nomination process, potentially impacting the company’s strategic direction and stakeholder relations.
Pangaea Connectivity Technology Limited has announced a change in the date of its board meeting, initially set for June 25, 2025, now rescheduled to June 27, 2025. This meeting is crucial for approving the audited annual results and considering the recommendation of a final dividend, impacting the company’s financial disclosures and stakeholder expectations.
Pangaea Connectivity Technology Limited has announced a board meeting scheduled for June 25, 2025, to discuss and approve the audited annual results for the fiscal year ending March 31, 2025. The meeting will also consider the recommendation of a final dividend payment, highlighting the company’s ongoing commitment to shareholder value and financial transparency.