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Qingdao AInnovation Technology Group Co. Ltd Class H
(2121)
Qingdao AInnovation Technology Group Co. Ltd Class H (2121) vs. iShares MSCI Hong Kong ETF (EWH)
Qingdao AInnovation Technology Group Co. Ltd Class H Business Overview & Revenue Model
Qingdao AInnovation Technology Group Co. Ltd Class H Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 1.22B | 1.75B | 1.56B | 861.17M | 462.32M | Gross Profit |
| 423.07M | 588.49M | 507.08M | 267.24M | 134.62M | EBIT |
| -630.59M | -600.01M | -345.46M | -597.74M | -267.56M | EBITDA |
| -360.91M | -478.39M | -281.06M | -597.75M | -271.00M | Net Income Common Stockholders |
| -593.81M | -582.34M | -361.16M | -635.12M | -360.63M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.22B | 1.45B | 1.80B | 1.59B | 1.05B | Total Assets |
| 2.62B | 3.29B | 3.27B | 2.26B | 1.40B | Total Debt |
| 181.06M | 156.39M | 147.70M | 87.57M | 14.69M | Net Debt |
| -1.02B | -1.19B | -1.49B | -1.47B | -1.03B | Total Liabilities |
| 910.90M | 1.07B | 909.47M | 469.60M | 1.91B | Stockholders Equity |
| 1.54B | 2.03B | 2.27B | 1.79B | -517.91M |
| Cash Flow | Free Cash Flow | |||
| 0.00 | -186.59M | -325.90M | -288.77M | -192.71M | Operating Cash Flow |
| 0.00 | -180.32M | -304.30M | -236.77M | -174.21M | Investing Cash Flow |
| 0.00 | -188.70M | -292.81M | -46.99M | -19.23M | Financing Cash Flow |
| 0.00 | 75.83M | 685.69M | 800.16M | 630.31M |
Qingdao AInnovation Technology Group Co. Ltd Class H Technical Analysis
Qingdao AInnovation Technology Group Co. Ltd Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | HK$5.91B | 59.50 | 3.07% | ― | -23.46% | 358.07% | |
62 Neutral | $11.91B | 9.99 | -7.22% | 4.96% | 7.31% | -8.91% | |
55 Neutral | HK$3.96B | ― | -9.86% | ― | 16.81% | -87.15% | |
49 Neutral | HK$14.90B | ― | ― | ― | ― | ||
37 Underperform | HK$3.14B | ― | -33.18% | ― | -31.66% | -1.34% | |
| €724.26M | 12.22 | 5.87% | ― | ― | ― | ||
54 Neutral | HK$23.30B | ― | ― | ― | ― |
Qingdao AInnovation Technology Group Co. Ltd Class H Corporate Events
Qingdao AInnovation Technology Group Co. Ltd Class H has announced its upcoming Annual General Meeting (AGM) to be held in Beijing on May 16, 2025. The agenda includes approval of the 2024 annual report, re-appointment of auditors, and several special resolutions such as the cancellation of repurchased shares, reduction of registered capital, and granting of mandates to the board for share repurchase and issuance. These resolutions aim to optimize the company’s capital structure and enhance shareholder value.
AInnovation Technology Group Co., Ltd announced that its Executive Director and CEO, Mr. Xu Hui, has increased his shareholding in the company by acquiring an additional 233,000 shares on April 7, 2025, following a previous acquisition of 2,267,098 shares. Mr. Xu’s actions reflect his strong confidence in the company’s development prospects and growth potential, signaling a positive outlook for stakeholders. Shareholders and potential investors are advised to exercise caution when dealing with the company’s securities.
The executive director and CEO of AInnovation Technology Group Co., Ltd, Mr. Xu Hui, has increased his shareholding by acquiring over two million shares, signaling his confidence in the company’s future growth and investment potential. This move is intended to reassure shareholders and potential investors of the company’s strong development prospects, although they are advised to exercise caution when dealing with the company’s securities.
Qingdao AInnovation Technology Group Co. Ltd Class H announced its annual results for the fiscal year ending December 31, 2024. The company reported a decrease in revenue to RMB 1,221,768,000 compared to the previous year, alongside an operating loss of RMB 630,586,000 and a net loss of RMB 608,925,000. Despite these losses, the adjusted net loss showed an improvement, decreasing to RMB 117,265,000. The announcement highlights significant financial adjustments, including share-based payment expenses and impairment losses, indicating ongoing challenges in maintaining profitability.
Qingdao AInnovation Technology Group Co., Ltd, a company incorporated in China, has announced a strategic move to cancel 1,506,300 repurchased shares, leading to a reduction in its registered capital by RMB1,506,300. This decision is in line with the company’s compliance with updated laws and regulations in China, and it aims to adjust its Articles of Association accordingly. The company plans to present these proposals at its upcoming annual general meeting, seeking approval for the share cancellation and capital reduction, as well as amendments to its Articles of Association to align with the latest legal requirements. This move is expected to streamline the company’s capital structure and ensure adherence to regulatory standards, potentially impacting its market position and stakeholder interests.
AInnovation Technology Group Co., Ltd, a company incorporated in the People’s Republic of China, announced the resignation of Ms. Kwan Sau In from her position as joint company secretary due to work arrangements, effective March 31, 2025. Ms. Kwan will continue to serve as an authorized representative for the company in Hong Kong. The remaining joint company secretary, Ms. Lv Hongyu, will assume the role of sole company secretary. The board expressed gratitude for Ms. Kwan’s contributions during her tenure.
AInnovation Technology Group Co., Ltd has established a remuneration committee to oversee the compensation policies for its directors and senior management. This committee aims to ensure a transparent and structured approach to remuneration, aligning with the company’s strategic goals and regulatory requirements, potentially impacting the company’s governance and stakeholder confidence.
Qingdao AInnovation Technology Group Co., Ltd, a company listed on the Hong Kong Stock Exchange, has established a Nomination Committee to enhance its corporate governance. The committee’s purpose is to identify and recommend suitable candidates for the board of directors, oversee board performance evaluations, and develop nomination guidelines in line with legal and regulatory standards. This move is expected to strengthen the company’s governance framework and ensure a diverse and qualified board, potentially impacting its strategic direction and stakeholder confidence.
Qingdao AInnovation Technology Group Co., Ltd has outlined the terms of reference for its audit committee, which is tasked with advising the board on financial reporting, risk management, and maintaining auditor relationships. The committee will consist solely of non-executive directors, with a majority being independent, and will meet at least twice annually to ensure compliance with Hong Kong Stock Exchange listing rules.
Qingdao AInnovation Technology Group Co. Ltd has entered into a strategic cooperation agreement with Bentley Systems to explore the integration of AI technology in engineering software. This partnership aims to develop new infrastructure engineering software products and provide AI-enabled solutions, potentially enhancing the influence of both companies in the domestic infrastructure industry.
AInnovation Technology Group Co., Ltd has announced that its board of directors will meet on March 31, 2025, to discuss and approve the audited annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend payment and address other business matters, which could impact the company’s financial strategy and shareholder returns.