SIM Technology Group (2000) AI Stock Analysis

• Market Cap: HK$821.61M
• Dividend Yield: N/A
• Average Volume (3M): 1.32M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.26
• Revenue Growth: 5.59%
• EPS Growth: -101.17%
• Country: HK
• Employees: 400
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): <0.01
• Shares Outstanding: 2,143,351,300
• 10 Day Avg. Volume: 2,868,666
• 30 Day Avg. Volume: 1,315,618
• PEG Ratio: 0.06
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 1.72
• P/FCF Ratio: -22.56
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: HK$0.50 ▲(31.58% Upside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenues and negative cash flows. Technical analysis shows bullish momentum, but overbought conditions could lead to a pullback. Valuation is weak due to negative earnings and lack of dividend yield.

SIM Technology Group Business Overview & Revenue Model

Company Description

SIM Technology Group, established in 2000, is a leading provider of advanced telecommunications and information technology solutions. The company operates primarily in the sectors of mobile communications, IoT (Internet of Things), and smart devices. SIM Technology Group specializes in designing and manufacturing a wide range of products, including SIM cards, mobile modules, and IoT solutions tailored for various industries such as automotive, healthcare, and smart cities.

How the Company Makes Money

SIM Technology Group generates revenue through multiple streams, primarily by manufacturing and selling telecommunications and IoT-related hardware, such as SIM cards and communication modules. The company also offers value-added services, including software solutions and technical support, which contribute to its earnings. Key revenue streams include direct sales to telecommunications operators, partnerships with device manufacturers, and collaborations with technology firms to integrate IoT solutions into their products. Additionally, the company benefits from recurring revenues through ongoing service contracts and maintenance agreements with clients, ensuring a steady income flow.

SIM Technology Group Financial Statement Overview

Summary

The company faces financial challenges with declining revenues and persistent losses. Despite a strong equity base, negative cash flows and operational inefficiencies pose significant risks.

Income Statement

The company's income statement reveals declining revenue and profitability. A significant drop in total revenue from 2020 to 2024 is evident, with a negative net income in recent years. Gross profit margins are volatile, and the company struggles with negative EBIT and EBITDA margins, indicating operational inefficiencies.

Balance Sheet

The balance sheet shows a strong equity base, but the decline in stockholders' equity over the years is a concern. The debt-to-equity ratio remains low, suggesting manageable leverage. The equity ratio indicates a healthy proportion of equity financing relative to assets.

Cash Flow

Cash flow analysis highlights negative operating cash flow and free cash flow in recent years, indicating cash generation issues. The lack of free cash flow growth and negative operating cash flow to net income ratio suggest financial challenges in operational cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	453.90M	429.37M	543.94M	638.02M	724.71M	710.29M
Gross Profit	99.95M	92.94M	120.33M	5.83M	21.50M	111.32M
EBITDA	-28.95M	-80.24M	438.69M	-422.39M	-158.43M	80.02M
Net Income	-3.72M	-94.78M	344.29M	-507.82M	-245.80M	-38.32M
Balance Sheet
Total Assets	1.88B	1.92B	2.15B	2.05B	2.58B	2.80B
Cash, Cash Equivalents and Short-Term Investments	897.14M	941.42M	768.37M	361.54M	679.64M	963.34M
Total Debt	9.46M	31.59M	37.70M	253.36M	56.42M	69.84M
Total Liabilities	418.95M	491.26M	530.35M	745.52M	689.00M	653.77M
Stockholders Equity	1.48B	1.44B	1.62B	1.29B	1.88B	2.13B
Cash Flow
Free Cash Flow	19.65M	-32.77M	-18.36M	-315.61M	-184.77M	93.62M
Operating Cash Flow	22.95M	-27.77M	-10.63M	-207.72M	-81.38M	185.25M
Investing Cash Flow	-138.39M	415.98M	135.60M	-65.10M	-197.00M	-43.08M
Financing Cash Flow	5.25M	-92.40M	-234.12M	165.33M	-58.15M	-76.42M

SIM Technology Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2000, the sentiment is Positive. The current price of 0.38 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.34, and above the 200-day MA of 0.33, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 58.40 is Neutral, neither overbought nor oversold. The STOCH value of 67.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2000.

SIM Technology Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1473	66 Neutral	HK$498.10M	13.75	13.21%	2.35%	53.77%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
1617	61 Neutral	HK$174.01M	2.66	7.40%	―	-9.34%	605.26%
1085	58 Neutral	HK$772.90M	-13.08	-3.08%	―	5.24%	-201.60%
2000	52 Neutral	HK$821.61M	―	-0.25%	―	5.59%	-101.17%
1202	52 Neutral	HK$348.00M	―	-0.09%	―	-23.93%	-109.41%
1708	44 Neutral	HK$225.74M	―	-29.76%	―	-8.11%	-954.43%

SIM Technology Group Corporate Events

SIM Technology Group Sees October Revenue Surge Amid Yearly Decline

SIM Technology Group Limited reported a significant increase in its unaudited monthly revenue for October 2025, driven by a 44.2% rise in core business revenue compared to September 2025, attributed to adjustments in delivery schedules by customers. Despite this monthly growth, the company’s total unaudited revenue for the ten months ending October 2025 showed a 7.3% decline compared to the same period last year, indicating challenges in maintaining consistent year-over-year growth.

The most recent analyst rating on (HK:2000) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SIM Technology Group stock, see the HK:2000 Stock Forecast page.

SIM Technology Group Reports Mixed Revenue Trends for September 2025

SIM Technology Group Limited announced a significant increase in its unaudited monthly revenue for September 2025, with a 14.8% rise in core business revenue compared to August 2025, attributed to adjustments in customer delivery schedules. However, when compared to September 2024, core business revenue saw a 36.9% decline, reflecting challenges in maintaining year-over-year growth. The total unaudited revenue for the first nine months of 2025 showed a slight decrease of 7.6% compared to the same period last year, indicating stable yet pressured financial performance.

The most recent analyst rating on (HK:2000) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SIM Technology Group stock, see the HK:2000 Stock Forecast page.

SIM Technology Group Reports Decline in August Revenue

SIM Technology Group Limited announced a significant decline in its unaudited monthly revenue for August 2025, with core business revenue dropping by 19.3% compared to July 2025 and by 63.0% compared to August 2024. This decrease is attributed to adjustments in delivery times by the company’s customers. Despite this, the total unaudited revenue for the first eight months of 2025 was only slightly lower than the same period in 2024, indicating a relatively stable overall performance.

The most recent analyst rating on (HK:2000) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SIM Technology Group stock, see the HK:2000 Stock Forecast page.

SIM Technology Group Reports Positive Turnaround in 1H 2025 Results

SIM Technology Group Limited announced its unaudited financial results for the first half of 2025, showing a significant turnaround with a profit of HK$5.7 million compared to a loss of HK$90 million in the same period last year. This improvement is attributed to increased revenue and reduced research and development expenses, signaling a positive shift in the company’s operational efficiency and financial health.

The most recent analyst rating on (HK:2000) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SIM Technology Group stock, see the HK:2000 Stock Forecast page.