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Hong Kong Aerospace Technology Group Limited
(1725)
Hong Kong Aerospace Technology Group Limited (1725) vs. iShares MSCI Hong Kong ETF (EWH)
Hong Kong Aerospace Technology Group Limited Business Overview & Revenue Model
Hong Kong Aerospace Technology Group Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 340.26M | 315.80M | 593.51M | 635.43M | 650.23M | 547.83M |
| Gross Profit | 68.52M | 48.12M | 64.71M | 26.04M | 37.12M | 49.59M |
| EBITDA | -80.11M | -116.80M | -138.00M | -94.17M | -28.93M | 27.09M |
| Net Income | -158.79M | -198.00M | -211.14M | -154.29M | -53.08M | 17.32M |
Balance Sheet | ||||||
| Total Assets | 796.10M | 845.17M | 1.15B | 1.23B | 941.31M | 575.76M |
| Cash, Cash Equivalents and Short-Term Investments | 29.55M | 28.72M | 72.73M | 43.10M | 97.59M | 186.63M |
| Total Debt | 422.89M | 432.94M | 691.55M | 591.56M | 243.93M | 32.70M |
| Total Liabilities | 710.27M | 708.95M | 951.51M | 981.47M | 549.77M | 325.47M |
| Stockholders Equity | 139.31M | 174.85M | 174.33M | 245.88M | 391.54M | 250.29M |
Cash Flow | ||||||
| Free Cash Flow | -26.61M | -33.37M | -323.19M | -287.59M | -434.16M | 51.03M |
| Operating Cash Flow | -25.16M | -23.83M | -132.87M | -93.03M | -176.84M | 93.48M |
| Investing Cash Flow | -1.40M | 23.69M | -120.41M | -194.01M | -273.61M | -22.29M |
| Financing Cash Flow | 10.21M | -47.07M | 279.99M | 232.80M | 362.21M | 3.15M |
Hong Kong Aerospace Technology Group Limited Technical Analysis
Hong Kong Aerospace Technology Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$1.37B | 11.39 | 3.91% | 3.60% | 20.53% | 28.42% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
47 Neutral | HK$769.62M | -18.90 | -1.99% | ― | -5.59% | -1071.43% | |
46 Neutral | HK$624.33M | -4.04 | -566.49% | ― | 83.87% | -10.49% | |
43 Neutral | HK$172.41M | -24.00 | -1.80% | ― | -3.98% | 37.50% | |
41 Neutral | HK$483.26M | -1.90 | -98.45% | ― | -32.75% | 38.59% | |
39 Underperform | HK$376.69M | -30.26 | -2.71% | ― | -4.33% | 55.43% |
Hong Kong Aerospace Technology Group Limited Corporate Events
China Strategic Technology Group Limited, a company incorporated in the Cayman Islands, announced a strategic move to issue new shares under specific mandates. The company has entered into agreements for the subscription and placing of new shares, which will increase its issued share capital significantly. The subscription involves 160,926,000 shares, representing a substantial portion of the company’s existing and enlarged share capital, offered at a discount to recent market prices. Additionally, the placing agreement involves up to 90,000,000 shares, also offered at a discount, to independent third parties. These actions are likely aimed at raising capital and potentially expanding the company’s market presence.
China Strategic Technology Group Limited, previously known as USPACE Technology Group Limited, has officially changed its company name and stock short names to better reflect its strategic direction. The change, effective from December 3, 2025, includes a new company logo and does not impact shareholder rights or daily operations, ensuring continuity in trading and financial activities.
USPACE Technology Group Limited has announced a cooperation framework agreement with Qingyuan Qingtou Private Equity Fund Management Co., Ltd. to establish an industrial merger and acquisition investment fund worth RMB4 billion. The collaboration aims to attract investment in enterprises that align with Qingyuan’s industrial upgrade needs, facilitate project integration, and enhance industrial parks. This strategic move is expected to optimize resource allocation, improve market competitiveness, and promote the development of a modern industrial system in Qingyuan.
USPACE Technology Group Limited, through its subsidiary Gang Hang Ke (Shenzhen) Space Technology Co., Ltd., has entered into a strategic cooperation agreement with Quanzhou Zhongke Xingqiao Aerospace Technology Co., Ltd. to promote the Zhongke Xingqiao Space-Air-Ground Integration Industrial Project. This collaboration aims to advance commercial aerospace, digital economy, and low-altitude economy projects, including the development of a global commercial space-ground link network and a high-resolution remote sensing satellite constellation program. The agreement outlines the establishment of a joint venture in Guangzhou, China, with Gang Hang Ke holding a majority stake, to facilitate these initiatives over a three-year period.
USPACE Technology Group Limited, a company incorporated in the Cayman Islands, has announced significant changes to its board of directors. The company has appointed Mr. Chen Youan and Mr. Lu Huasheng as executive directors, effective from November 12, 2025. These appointments bring experienced leadership to the company, with Mr. Chen having a background in financial management and Mr. Lu in auditing and infrastructure finance. The changes in the board are expected to strengthen the company’s governance and strategic direction.
USPACE Technology Group Limited, incorporated in the Cayman Islands, has announced the composition of its board of directors and their roles within the company. The board includes executive directors and independent non-executive directors, with specific members assigned to the audit, remuneration, and nomination committees. This announcement clarifies the leadership structure and committee roles, which could impact the company’s governance and strategic direction.
USPACE Technology Group Limited, a company incorporated in the Cayman Islands, held an Extraordinary General Meeting (EGM) on November 7, 2025, where a resolution regarding the proposed change of the company’s name was passed unanimously by shareholders. The resolution was approved by all voting shareholders, with no opposition or abstentions, reflecting strong support for the company’s strategic direction.
USPACE Technology Group Limited has announced the establishment of an Artificial Intelligence Satellite Application Technology Centre in Shenzhen by its subsidiary Gang Hang Ke. This strategic move aims to enhance the company’s aerospace business by integrating advanced AI technologies with satellite operations, focusing on intelligent decision-making, autonomous satellite operations, and developing AI systems for satellite clusters. The initiative is expected to broaden market prospects in the commercial space sector, leveraging the company’s expertise from its ‘Golden Bauhinia’ satellite projects.
USPACE Technology Group Limited announced the lapse of its acquisition of 49% of Aspace Satellite Technology Limited due to unmet conditions by the deadline and no extension agreement with Superb Ever Worldwide Limited. The lapse is not expected to adversely affect USPACE’s business or financial position. Additionally, Aspace is negotiating with a lender over a non-compliance issue related to a term loan, which has led to the lender taking possession of some of Aspace’s equipment.
USPACE Technology Group Limited, through its wholly-owned subsidiary Guangdong Qingyu Intelligent Technology Co., Ltd., has entered into a memorandum of understanding for a potential investment and merger and acquisition of 51% of Zhejiang Yuehua Telecommunication Co., Ltd. This move is part of USPACE’s strategic expansion in the telecommunications and cable production industry, with due diligence processes set to be completed within 90 days. The Subject Company specializes in various cable productions and holds significant national certifications, indicating a strong market position in the PRC.
USPACE Technology Group Limited, a company incorporated in the Cayman Islands, has announced an extraordinary general meeting to consider a special resolution for changing its name to China Strategic Technology Group Limited. This proposed name change, subject to approval by the Registrar of Companies in the Cayman Islands, reflects a strategic repositioning of the company. The change aims to enhance the company’s brand identity and align with its future business direction, potentially impacting its market presence and stakeholder engagement.
USPACE Technology Group Limited, incorporated in the Cayman Islands, has announced the closure of its register of members for an Extraordinary General Meeting (EGM) scheduled for November 7, 2025. This meeting will address the proposed change of the company’s name. Shareholders wishing to attend and vote must ensure their share transfers are registered by November 3, 2025. The company will distribute a circular with details of the resolutions to be discussed at the EGM.
USPACE Technology Group Limited, a company incorporated in the Cayman Islands, has announced significant changes to its operations and management. The company has relocated its headquarters and principal place of business in the PRC to Guangzhou and updated its website. Additionally, there are changes in the board of directors, including the appointment of new executive and independent non-executive directors, as well as changes in senior management. These changes are part of a broader strategic shift, including a proposed change of the company name, aimed at enhancing the company’s operational efficiency and market presence.
USPACE Technology Group Limited, a company listed in the Cayman Islands, has announced the composition of its board of directors and their respective roles within the organization. The board includes executive directors such as Mr. Gu Lin and H.H. Shaikh Mohammed Maktoum Juma Al-Maktoum, as well as independent non-executive directors like Mr. Yao Xinguo and Mr. Boris Tadić. The announcement details the membership of directors in various board committees, which is crucial for stakeholders to understand the governance structure and decision-making processes within the company.
USPACE Technology Group Limited has announced a change in its company secretary and authorized representatives. Mr. Yu Chi Kit has resigned from his roles due to personal reasons, and Mr. Lee Yiu Man has been appointed as his successor, effective 2 October 2025. Mr. Lee brings approximately 25 years of experience in corporate finance, auditing, and accounting, having worked with several listed companies and accounting firms in Hong Kong. This transition is expected to maintain the company’s operational continuity and uphold its governance standards.
USPACE Technology Group Limited, a company incorporated in the Cayman Islands, announced a further delay in the dispatch of a circular related to its acquisition of a 49% share in Aspace Satellite Technology Limited. The circular, which includes details of the Sale and Purchase Agreement and other necessary information, was initially scheduled for release by 30 September 2025 but has been postponed to 31 October 2025 due to the need for additional preparation time.