OKG Technology Holdings Limited (1499) AI Stock Analysis

• Market Cap: HK$1.91B
• Dividend Yield: N/A
• Average Volume (3M): 13.78M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.62
• Revenue Growth: 37.43%
• EPS Growth: -3100.00%
• Country: HK
• Employees: 120
• Sector: Industrials
• Sector Strength: 86
• Industry: Engineering & Construction
• EPS (TTM): >-0.01
• Shares Outstanding: 5,370,510,000
• 10 Day Avg. Volume: 21,972,400
• 30 Day Avg. Volume: 13,782,116
• PEG Ratio: -0.27
• Price to Book (P/B): 10.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -22.10
• 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: 43 Neutral
• Price Target: ―

OKG Technology Holdings Limited is struggling with significant financial challenges, including declining revenues and profitability, high leverage, and poor cash flow management. These factors are compounded by technical indicators suggesting downward momentum and a negative valuation outlook due to its negative P/E ratio. The company's stock is currently viewed as a high-risk investment, with substantial hurdles to overcome before it can achieve stability and growth.

OKG Technology Holdings Limited Business Overview & Revenue Model

Company Description

OKG Technology Holdings Limited (1499) is a company engaged in the technology sector, primarily focusing on providing innovative solutions and services. The company's core offerings include technology-driven products and services designed to enhance business operations and improve efficiency for its clients. OKG Technology Holdings Limited aims to leverage cutting-edge technology to deliver value-added solutions across various industries.

How the Company Makes Money

OKG Technology Holdings Limited generates revenue through the sale of its technology solutions and services. The company focuses on developing and deploying products that address specific business needs, enabling clients to optimize their operations. Revenue streams include licensing fees for software products, service contracts for technology implementation and maintenance, and consulting fees for strategic technology advisory services. The company may also engage in partnerships with other technology firms to expand its offerings and reach new markets, thereby enhancing its revenue potential. Additionally, it could benefit from recurring revenue models such as subscription-based services, which provide a steady income stream.

OKG Technology Holdings Limited Financial Statement Overview

Summary

Overall, OKG Technology Holdings Limited is facing financial difficulties, with declining revenues, negative profitability, and high leverage. The company needs to address its operational inefficiencies and improve its cash flow management to stabilize its financial position and enhance shareholder value. Potential risks include high debt levels and continued negative cash flow, which could impact future operations and growth.

Income Statement

OKG Technology Holdings Limited has been experiencing significant challenges, with declining revenues and profitability. The gross profit margin has decreased from 43.54% in 2023 to 19.63% in 2024, and the net profit margin has turned negative at -11.95% in 2024 from a positive 12.20% in 2023. Revenue has decreased by 5.36% from the previous year. Additionally, both EBIT and EBITDA margins are negative, indicating operational inefficiencies.

Balance Sheet

The company's balance sheet presents a high debt-to-equity ratio, increasing from 2.70 in 2023 to 5.93 in 2024, indicating high leverage. However, the equity ratio remains stable at around 12.43% in 2024, suggesting some level of balance between equity and liabilities. Return on equity has turned negative due to net losses, reflecting the challenges in generating shareholder value.

Cash Flow

The cash flow statement highlights significant issues with cash generation. Despite a slight improvement, operating cash flow is still weak compared to net income. The free cash flow to net income ratio is negative, and free cash flow growth is not evident, indicating liquidity constraints and potential challenges in funding operations without external financing.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	409.41M	337.33M	356.43M	385.61M	452.96M	570.32M
Gross Profit	74.23M	66.21M	155.22M	84.28M	41.86M	42.59M
EBITDA	-36.12M	-34.18M	73.97M	-34.07M	-47.26M	-9.82M
Net Income	-34.51M	-40.30M	43.49M	-58.06M	-93.86M	-61.60M
Balance Sheet
Total Assets	685.13M	1.33B	1.11B	997.33M	605.14M	603.22M
Cash, Cash Equivalents and Short-Term Investments	178.88M	81.29M	105.26M	156.41M	265.30M	273.97M
Total Debt	395.53M	982.66M	555.41M	596.75M	150.82M	177.73M
Total Liabilities	521.16M	1.17B	896.60M	830.71M	385.57M	302.07M
Stockholders Equity	162.21M	165.69M	205.55M	162.07M	219.57M	301.14M
Cash Flow
Free Cash Flow	83.97M	-12.00K	-93.56M	-68.83M	-1.23M	-80.01M
Operating Cash Flow	83.97M	1.43M	-88.95M	-68.70M	3.74M	-32.87M
Investing Cash Flow	-3.78M	-11.79M	-4.59M	7.86M	7.64M	-60.38M
Financing Cash Flow	-22.46M	-18.20M	48.30M	-47.86M	-15.50M	4.99M

OKG Technology Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.33
• 50DMA: Positive
• 100DMA: Positive
• 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:1499, the sentiment is Positive. The current price of 0.33 is above the 20-day moving average (MA) of 0.26, above the 50-day MA of 0.20, and above the 200-day MA of 0.18, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 67.46 is Neutral, neither overbought nor oversold. The STOCH value of 47.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1499.

OKG Technology Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3888	64 Neutral	HK$51.59B	29.30	7.07%	0.41%	19.66%	169.54%
Sector *	58 Neutral	$1.34B	4.20	-2.93%	7.41%	3.67%	-51.13%
1310	50 Neutral	$7.35B	56.03	4.51%	6.24%	-2.02%	―
1499	43 Neutral	HK$1.91B	―	-10.00%	―	37.43%	-3100.00%
9993	43 Neutral	HK$12.30B	―	-46.88%	―	-29.20%	-1542.77%

OKG Technology Holdings Limited Corporate Events

OKG Technology Holdings Limited Announces Auditor Change to Deloitte

OKG Technology Holdings Limited has announced a change of auditor to enhance the efficiency of its financial audits. HLB Hodgson Impey Cheng Limited has resigned as the auditor, and Deloitte Touche Tohmatsu has been appointed as the new auditor, effective March 28, 2025. This change is expected to improve the synergy and efficiency of the audit process for the company and its parent, OKC Holdings Corporation, without impacting the annual audit for the year ended March 31, 2025.