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Q Technology (Group) Co Ltd (HK:1478)
:1478
Hong Kong Market

Q Technology (Group) Co (1478) AI Stock Analysis

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HK

Q Technology (Group) Co

(1478)

56Neutral
Q Technology's overall score reflects a strong revenue growth potential but is hindered by liquidity concerns and operational inefficiencies. Technical indicators point to mixed momentum, and valuation metrics suggest an expensive stock. The lack of earnings call and corporate events data leaves financial and technical analysis as primary determinants.
Positive Factors
Earnings
FY24 earnings expected to jump by 200%-280% y/y, driven by market share gains and a shift to high-end camera modules.
Product Innovation
Upcoming catalysts for the stock include launches in AI smartphone and glasses, as well as order wins in auto and IoT CCM.
Strategic Partnerships
Q-Tech has established partnerships with leading smart driving solution providers and global auto brands, enhancing its position as a core supplier in the market.
Negative Factors
Consumer Sentiment
Delay in the resumption of smartphone shipment growth due to prolonged weak consumer sentiment.

Q Technology (Group) Co (1478) vs. S&P 500 (SPY)

Q Technology (Group) Co Business Overview & Revenue Model

Company DescriptionQ Technology (Group) Co. Ltd. is a leading company in the manufacturing and distribution of camera modules and fingerprint recognition modules primarily used in smartphones and other consumer electronics. It operates within the technology and electronics sectors, supplying key components to major mobile device manufacturers globally.
How the Company Makes MoneyQ Technology (Group) Co. Ltd. generates revenue primarily through the sale of camera and fingerprint recognition modules to smartphone manufacturers. The company's key revenue streams include the sale of these modules, which are critical components in the production of smartphones, tablets, and other consumer electronics. Significant factors contributing to its earnings include its strong relationships with major smartphone manufacturers, technological expertise in module production, and its capacity to innovate and produce high-quality components. These partnerships and its ability to maintain a competitive edge in technology help drive its sales and profitability.

Q Technology (Group) Co Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
12.53B13.76B18.66B17.40B13.17B
Gross Profit
508.86M541.34M1.76B1.77B1.18B
EBIT
289.04M67.36M1.07B1.12B669.64M
EBITDA
683.10M633.86M1.54B1.47B945.60M
Net Income Common Stockholders
81.92M171.15M862.98M840.11M542.37M
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.82B3.04B1.79B2.08B411.52M
Total Assets
14.94B12.29B13.05B11.40B10.64B
Total Debt
4.39B2.64B1.79B1.31B1.38B
Net Debt
1.49B1.29B45.33M-675.42M971.41M
Total Liabilities
10.11B7.52B8.34B7.62B7.77B
Stockholders Equity
4.83B4.76B4.70B3.79B2.87B
Cash FlowFree Cash Flow
-378.78M1.05B1.60B3.60B2.40B
Operating Cash Flow
-378.78M1.05B1.60B3.60B2.40B
Investing Cash Flow
366.72M-1.94B-880.47M-695.87M-1.27B
Financing Cash Flow
1.55B468.48M-942.20M-1.31B-816.74M

Q Technology (Group) Co Technical Analysis

Technical Analysis Sentiment
Negative
Last Price6.66
Price Trends
50DMA
7.15
Negative
100DMA
7.02
Negative
200DMA
5.97
Positive
Market Momentum
MACD
-0.14
Negative
RSI
44.77
Neutral
STOCH
42.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1478, the sentiment is Negative. The current price of 6.66 is above the 20-day moving average (MA) of 6.30, below the 50-day MA of 7.15, and above the 200-day MA of 5.97, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 44.77 is Neutral, neither overbought nor oversold. The STOCH value of 42.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1478.

Q Technology (Group) Co Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
$152.58B17.0118.52%2.43%6.13%14.88%
65
Neutral
$71.93B25.2211.45%0.33%18.80%142.93%
60
Neutral
$10.83B10.47-6.71%2.99%7.73%-12.97%
58
Neutral
$43.93B22.908.06%0.27%31.55%141.88%
56
Neutral
HK$7.92B25.835.64%26.76%237.96%
43
Neutral
$6.19B-1.35%-11.86%83.17%
36
Underperform
$1.78B
-4.77%-15.54%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1478
Q Technology (Group) Co
6.47
2.65
69.37%
HK:2382
Sunny Optical Technology (Group) Co
64.40
22.47
53.57%
HK:2018
AAC Technologies Holdings
36.75
9.71
35.91%
HK:0669
Techtronic Industries
86.35
-23.54
-21.42%
HK:2383
TOM Group
0.48
-0.04
-6.86%
HK:2038
FIH Mobile
0.81
-0.04
-4.71%

Q Technology (Group) Co Corporate Events

Q Technology Reports April 2025 Sales Volume with Mixed Trends
May 9, 2025

Q Technology announced its sales volume for major products in April 2025, highlighting a month-on-month increase in camera modules sales due to seasonal factors, despite a year-on-year decline attributed to customer project cycles and strategic focus on high-end products. The fingerprint recognition modules saw a significant year-on-year sales increase, driven by market share gains, reflecting the company’s strengthened position in this segment.

Q Technology Eyes Acquisition of Micro Actuator Business
Apr 28, 2025

Q Technology’s controlling shareholder, QT Investment, has entered into a framework agreement with TDK Corporation to potentially acquire assets and business related to micro actuator solutions. This acquisition could enhance Q Technology’s capabilities in camera module actuators, subject to further due diligence and regulatory approvals. The company has not yet committed to the acquisition, and shareholders are advised to exercise caution.

Q Technology Announces 2025 AGM Agenda and Key Resolutions
Apr 22, 2025

Q Technology (Group) Company Limited has announced the details of its upcoming Annual General Meeting (AGM), scheduled for May 23, 2025, in Shenzhen, China. Key agenda items include the adoption of the company’s audited financial statements for 2024, approval of a final dividend, re-election of directors, and the appointment of Deloitte Touche Tohmatsu as the independent auditor. The meeting will also address authorizations for the board to manage director remuneration and issue additional shares, which could impact the company’s financial strategies and shareholder value.

Q Technology Proposes Change of Auditor to Deloitte
Apr 14, 2025

Q Technology (Group) Co. has announced a proposed change of auditor, transitioning from KPMG, which has served for over a decade, to Deloitte Touche Tohmatsu. This decision is driven by a desire for good corporate practice and cost control strategies. The change is set to be proposed at the 2025 AGM, with KPMG retiring upon the conclusion of the meeting. The Board and Audit Committee have confirmed there are no disagreements with KPMG and have expressed gratitude for its past services. Deloitte has been assessed and deemed competent by the Audit Committee, considering its industry knowledge, technical competence, and resources, making the transition favorable for the company and its shareholders.

Q Technology Reports Surge in March 2025 Sales Volumes
Apr 10, 2025

Q Technology announced a significant increase in the sales volume of its major products for March 2025, with camera modules experiencing a 28.2% month-on-month increase despite a year-on-year decline, attributed to a strategic focus on mid-to-high-end products. Fingerprint recognition modules saw a substantial year-on-year sales increase of 95.12%, driven by market share gains, highlighting the company’s strengthening position in this segment.

Q Technology Announces Final Dividend for 2024
Mar 17, 2025

Q Technology (Group) Co. has announced a final ordinary cash dividend of HKD 0.1 per share for the financial year ending December 31, 2024. The dividend will be paid on June 20, 2025, following shareholder approval on May 23, 2025, and the record date set for June 5, 2025. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders.

Q Technology Reports Strong Financial Growth in 2024
Mar 17, 2025

Q Technology (Group) Co., Ltd. reported a significant increase in revenue and profit for the year ending December 31, 2024. The company’s revenue rose by approximately 28.9% to RMB16.15 billion, driven by strong demand for camera modules across various industries and an effective product strategy that improved sales volume and unit prices. The gross profit margin improved to 6.1%, up from 4.1% the previous year, due to increased global smartphone sales and a focus on high-end camera modules. The company’s profit surged by 234.1% to RMB279.07 million, attributed to increased revenue, improved gross profit margin, and reduced losses from an associate company. The board recommends a final dividend of HK$10.0 cents per share.

Q Technology Reports February Sales Decline Amid Strategic Shift
Mar 11, 2025

Q Technology announced a decrease in sales volume for its camera modules in February 2025, attributed to the Chinese New Year holidays and a strategic focus on higher-end products. Despite a month-on-month decrease in fingerprint recognition modules due to the holidays, the company saw a significant year-on-year increase, driven by the mass production of ultrasonic fingerprint modules and an increased market share in this segment.

Q Technology Completes Strategic Investment in Newmax Technology
Mar 3, 2025

Q Technology (Group) Company Limited has completed its participation in the private placement of Newmax Technology, acquiring 20,000,000 shares at TWD22.16 per share, which now represents approximately 41.8% of Newmax’s enlarged share capital. This strategic move is intended to strengthen vertical integration and enhance the company’s position as a provider of intelligent vision system solutions, benefiting the company and its shareholders.

Q Technology Schedules Board Meeting to Approve Financial Results
Feb 28, 2025

Q Technology (Group) Company Limited has announced a board meeting scheduled for March 17, 2025, to discuss and approve the audited financial results for the year ending December 31, 2024. The meeting will also consider the payment of a final dividend and address any other business matters, indicating the company’s commitment to transparency and shareholder engagement.

Q Technology Reports Mixed Sales Performance for January 2025
Feb 11, 2025

Q Technology (Group) Co announced the sales volume of its major products for January 2025, indicating a mixed performance in its camera and fingerprint recognition modules. The company experienced a month-on-month increase in the sales of camera modules due to the customers’ project cycle, while the year-on-year decrease is attributed to a strategic focus on higher-end camera modules. Meanwhile, a significant year-on-year increase in fingerprint recognition modules is driven by the mass production of ultrasonic modules and market share gains, despite a month-on-month decline.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.