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Vixtel Technologies Holdings Ltd.
(1782)
Vixtel Technologies Holdings Ltd. (1782) vs. iShares MSCI Hong Kong ETF (EWH)
Vixtel Technologies Holdings Ltd. Business Overview & Revenue Model
Vixtel Technologies Holdings Ltd. Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 104.02M | 120.20M | 103.77M | 99.12M | 81.00M | Gross Profit |
| 45.58M | 55.15M | 48.05M | 54.81M | 43.59M | EBIT |
| -61.88M | -56.83M | -14.99M | 3.15M | 383.00K | EBITDA |
| -65.59M | -38.40M | -8.12M | 9.13M | 5.97M | Net Income Common Stockholders |
| -75.07M | -47.16M | -14.13M | 3.64M | 1.10M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 77.32M | 122.62M | 171.37M | 64.06M | 85.91M | Total Assets |
| 208.81M | 289.86M | 329.37M | 220.30M | 221.60M | Total Debt |
| 14.33M | 14.03M | 12.66M | 11.79M | 12.41M | Net Debt |
| -62.99M | -108.59M | -158.71M | -52.27M | -73.50M | Total Liabilities |
| 44.26M | 47.80M | 40.00M | 36.65M | 40.93M | Stockholders Equity |
| 164.55M | 242.62M | 289.77M | 181.86M | 179.63M |
| Cash Flow | Free Cash Flow | |||
| -42.45M | -45.61M | -17.41M | -17.53M | 2.90M | Operating Cash Flow |
| -38.28M | -26.77M | -16.74M | -11.73M | 9.26M | Investing Cash Flow |
| -3.51M | -18.42M | -86.00K | -4.83M | -5.29M | Financing Cash Flow |
| -4.19M | -4.55M | 117.06M | -5.14M | 2.00M |
Vixtel Technologies Holdings Ltd. Technical Analysis
Vixtel Technologies Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$17.10B | 17.74 | 19.23% | 1.72% | 12.91% | 5.31% | |
67 Neutral | $46.77B | 26.57 | 7.07% | 0.42% | 19.66% | 169.54% | |
66 Neutral | HK$9.77B | 16.02 | 9.30% | ― | 7.28% | -13.77% | |
63 Neutral | HK$5.85B | 58.22 | 3.07% | ― | -23.46% | 358.07% | |
62 Neutral | $11.90B | 10.64 | -7.50% | 2.90% | 7.41% | -8.19% | |
43 Neutral | HK$2.97B | ― | -36.81% | ― | -14.38% | -56.66% |
Vixtel Technologies Holdings Ltd. Corporate Events
International Business Digital Technology Limited announced that all proposed resolutions at its Annual General Meeting held on May 23, 2025, were passed by shareholders through a poll. The resolutions included the adoption of financial statements, re-election of directors, appointment of auditors, and granting of mandates related to shares. The unanimous approval reflects strong shareholder support and may enhance the company’s governance and operational capabilities.
International Business Digital Technology Limited has announced its upcoming annual general meeting, scheduled to take place on May 23, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of the company’s financial statements for the year ending December 31, 2024, the re-election of directors, and the re-appointment of Ernst & Young as independent auditors. Additionally, a general mandate will be proposed to allow directors to issue new shares, not exceeding 20% of the total shares in issue, which could impact the company’s capital structure and shareholder value.
International Business Digital Technology Limited, a company incorporated in the Cayman Islands, has successfully completed the placing of 10,000,000 new shares under a General Mandate. This move, which raised approximately HK$38.97 million in net proceeds, is aimed at investing in and upgrading digital technologies such as Central Bank Digital Currency, big data, and AI, as well as supporting general working capital. The placing has slightly altered the company’s shareholding structure, with the new shares representing about 1.30% of the enlarged share capital.
International Business Digital Technology Limited reported a decrease in revenue to approximately RMB104,023,000 for the year ended December 31, 2024, marking a 13.5% decline from the previous year. The company also experienced an increased loss attributable to owners, amounting to approximately RMB75,068,000, compared to RMB47,155,000 in 2023. The board does not recommend a final dividend for the year 2024, consistent with the previous year. The financial results indicate challenges in maintaining profitability, with increased administrative expenses and a significant loss before tax, impacting the company’s financial health and stakeholder interests.
Vixtel Technologies Holdings Ltd. has entered into a Placing Agreement with an independent third-party Placing Agent to issue up to 10,000,000 new shares at a price of HK$3.95 per share. This move, which represents approximately 1.31% of the company’s existing share capital, is expected to raise gross proceeds of approximately HK$39.5 million. The funds raised will be net of placing commission and related expenses, resulting in net proceeds of around HK$38.97 million. The issuance is part of the company’s strategy to strengthen its financial position, although the completion of the placing is subject to certain conditions.
International Business Digital Technology Limited has issued a profit warning, indicating a projected net loss of RMB68.0 million to RMB76.0 million for the year ending December 31, 2024, compared to a net loss of RMB47.2 million in the previous year. The increased loss is attributed to decreased revenue and gross profit due to slower contract signings, reduced government grants, increased expenses related to business development in the Central Bank Digital Currency network system, and an impairment loss on intangible assets.