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BaTeLab Co., Ltd. (HK:2149)
:2149
Hong Kong Market

BaTeLab Co., Ltd. (2149) AI Stock Analysis

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HK

BaTeLab Co., Ltd.

(2149)

Rating:77Outperform
Price Target:
HK$77.00
▲(25.41%Upside)
The stock of BaTeLab Co., Ltd. scores highly due to robust financial performance and strong technical indicators. The main concern is cash flow management, which, if improved, could enhance long-term financial stability. The valuation is reasonable, supporting potential growth.
Positive Factors
Earnings
The company's FY24 revenue went up by 25% YoY to RMB579mn, and NP surged by 52% YoY to RMB167mn.
Growth Strategy
The company's clear and sustainable growth strategy has impressed analysts.
Liquidity
The recent fund raised is expected to bolster the company's cash reserves, injecting more liquidity support into its operations.
Negative Factors
Economic Conditions
Potential risks include volatile economic conditions, changes in relationships with core customers or suppliers, and slower-than-expected introduction of new product categories.
Gross Profit Margin
GPM declined 2.4ppt to 53% in FY24 mainly due to the impact of provisions for inventory impairment.

BaTeLab Co., Ltd. (2149) vs. iShares MSCI Hong Kong ETF (EWH)

BaTeLab Co., Ltd. Business Overview & Revenue Model

Company Descriptionnull
How the Company Makes Moneynull

BaTeLab Co., Ltd. Financial Statement Overview

Summary
BaTeLab Co., Ltd. shows strong revenue growth and profitability, with a robust balance sheet. However, cash flow management could be improved, as there is a recent negative Free Cash Flow and fluctuations, indicating potential challenges in covering capital expenditures without external financing.
Income Statement
85
Very Positive
BaTeLab Co., Ltd. has demonstrated strong financial performance with significant revenue growth over the past years. The Gross Profit Margin and Net Profit Margin are healthy, showing efficient cost management and profitability. The EBIT and EBITDA margins suggest good operational efficiency. Revenue growth has been robust, indicating a positive market reception and expansion capability.
Balance Sheet
80
Positive
The company maintains a solid financial position with a favorable Debt-to-Equity Ratio, indicating prudent financial leverage. The Return on Equity is strong, reflecting effective management in generating profits from shareholders' investments. The Equity Ratio shows a robust equity base, providing stability against liabilities.
Cash Flow
70
Positive
The cash flow situation shows some areas of concern, with fluctuating Free Cash Flow and a recent negative Free Cash Flow, indicating potential challenges in covering capital expenditures without external financing. However, the Operating Cash Flow to Net Income Ratio is decent, suggesting that earnings are mostly backed by cash.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue578.81M463.88M409.93M256.36M99.69M
Gross Profit306.92M257.11M231.79M144.63M54.78M
EBITDA144.94M119.02M101.89M63.53M19.35M
Net Income166.60M109.16M95.26M56.97M13.99M
Balance Sheet
Total Assets1.61B1.27B668.62M435.55M203.52M
Cash, Cash Equivalents and Short-Term Investments636.02M550.84M206.20M179.55M80.02M
Total Debt325.22M182.63M189.97M45.13M24.06M
Total Liabilities603.81M432.70M224.20M67.87M163.43M
Stockholders Equity1.01B838.23M444.42M367.68M40.08M
Cash Flow
Free Cash Flow-20.34M-13.40M-34.68M-33.62M-54.21M
Operating Cash Flow13.56M30.28M-12.91M10.03M-47.71M
Investing Cash Flow-63.95M-41.70M-18.58M53.80M-5.21M
Financing Cash Flow127.56M400.68M49.78M96.88M53.69M

BaTeLab Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price61.40
Price Trends
50DMA
54.82
Positive
100DMA
44.71
Positive
200DMA
36.28
Positive
Market Momentum
MACD
2.50
Positive
RSI
51.05
Neutral
STOCH
14.03
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2149, the sentiment is Neutral. The current price of 61.4 is below the 20-day moving average (MA) of 64.96, above the 50-day MA of 54.82, and above the 200-day MA of 36.28, indicating a neutral trend. The MACD of 2.50 indicates Positive momentum. The RSI at 51.05 is Neutral, neither overbought nor oversold. The STOCH value of 14.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2149.

BaTeLab Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
HK$3.87B20.3918.13%22.69%50.23%
77
Outperform
$36.51B40.699.53%0.37%-2.25%-22.43%
70
Outperform
€1.12B14.247.58%-26.17%-48.28%
66
Neutral
HK$2.84B4.8425.76%7.50%-22.20%-14.43%
61
Neutral
HK$68.99B295.690.42%0.47%-2.06%-83.44%
57
Neutral
HK$23.76B11.42-15.60%15.95%10.12%-85.27%
39
Underperform
HK$84.66M68.18-21.90%-8.34%-8828.57%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2149
BaTeLab Co., Ltd.
61.40
37.10
152.67%
HK:8490
Niche-Tech Semiconductor Materials Limited
0.12
-0.05
-29.41%
HK:0085
China Electronics Huada Technology Company Limited
1.40
0.24
20.69%
HK:1347
Hua Hong Semiconductor Ltd.
34.95
14.05
67.22%
HK:2878
Solomon Systech (International) Ltd.
0.45
0.13
38.46%
HK:1385
Shanghai Fudan Microelectronics Group Co
29.30
17.38
145.81%

BaTeLab Co., Ltd. Corporate Events

BaTeLab Co., Ltd. Announces Board Composition and Roles
Jun 27, 2025

BaTeLab Co., Ltd., a joint stock company incorporated in the People’s Republic of China, has announced the composition of its board of directors and their respective roles within the company’s committees. The announcement details the executive, non-executive, and independent non-executive directors, highlighting the leadership roles within the audit, remuneration and evaluation, nomination, and strategy committees. This organizational update may impact the company’s governance and strategic direction, potentially influencing stakeholder confidence and market perception.

BaTeLab Co., Ltd. Forms Nomination Committee to Strengthen Governance
Jun 27, 2025

BaTeLab Co., Ltd. has announced the establishment of a Nomination Committee by its board of directors. This committee will consist of at least three members, with a majority being independent non-executive directors, and will include at least one director of a different gender. The committee’s formation is a strategic move to enhance corporate governance, ensuring diverse and independent oversight in the company’s nomination processes, which could positively impact stakeholder confidence and the company’s industry positioning.

BaTeLab Co., Ltd. Successfully Concludes AGM with Unanimous Approval of Resolutions
Jun 27, 2025

BaTeLab Co., Ltd., a company based in the People’s Republic of China, successfully held its Annual General Meeting (AGM) on June 27, 2025, where all proposed resolutions were approved by the shareholders. The meeting, attended by shareholders holding approximately 66.54% of the total issued shares, resulted in unanimous approval of key resolutions including the 2024 annual report, audited financial statements, and the appointment of auditors for 2025. The AGM was conducted in compliance with the relevant legal and regulatory requirements, with no shareholders abstaining or voting against the resolutions.

BaTeLab Co., Ltd. Announces 2024 AGM with Key Resolutions
Jun 6, 2025

BaTeLab Co., Ltd. has announced its 2024 Annual General Meeting (AGM) to be held on June 27, 2025, in Nantong, Jiangsu Province, China. The AGM will address several key resolutions, including the approval of the 2024 annual report, audited financial statements, and profit distribution plan. Additionally, the meeting will involve the election of directors for the second session of the Board, amendments to corporate governance systems, and the abolishment of the Supervisory Committee. These decisions are crucial for the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder relations.

BaTeLab Co., Ltd. Announces Changes in Auditor and Board Structure
Jun 6, 2025

BaTeLab Co., Ltd. has announced several significant changes to its corporate governance structure, including the proposed change of its auditor, the election of new directors for the second session of the board, and the abolishment of its supervisory committee. The company plans to replace KPMG with Rongcheng (Hong Kong) CPA Limited as its auditor to enhance cost-effectiveness and maintain independence in its audit services. Additionally, the company has nominated a new set of directors for the upcoming session, with the term set to last three years, pending approval at the annual general meeting.

BaTeLab Co., Ltd. Approves Strategic Changes at 2025 EGM
Jun 3, 2025

BaTeLab Co., Ltd. successfully held its first extraordinary general meeting of 2025 on June 3, where shareholders approved a special resolution to change the company’s name and domicile, along with amendments to its Articles of Association. This decision marks a significant step in the company’s strategic plans, potentially impacting its market positioning and operational framework once all necessary regulatory approvals are obtained.

BaTeLab Co., Ltd. Completes H Shares Placement to Boost Manufacturing
May 28, 2025

BaTeLab Co., Ltd. announced the completion of placing 3,000,000 H Shares, raising approximately HK$116.58 million. The proceeds will be used to invest in upstream manufacturing resources and general working capital, which will enhance the company’s competitiveness by ensuring stable production capacity and innovation in manufacturing processes.

BaTeLab Co., Ltd. Announces New H Share Placement to Raise HK$116.58 Million
May 21, 2025

BaTeLab Co., Ltd. has announced a placement of new H shares under a general mandate, aiming to raise approximately HK$116.58 million in net proceeds. The placement involves up to 3,000,000 shares at HK$40.00 each, representing a significant portion of the company’s existing and enlarged share capital. The funds are expected to enhance the company’s financial position, though the placement is conditional and may not proceed if certain conditions are not met.

BaTeLab Co., Ltd. Announces Proposed Name and Domicile Change
May 15, 2025

BaTeLab Co., Ltd., a joint stock limited company incorporated in China, has announced a proposed change of its company name and domicile. The company plans to relocate its domicile from Suzhou to Nanjing and change its Chinese name, pending approval from relevant authorities. This change is intended to align with the company’s business development needs. The proposed changes will not affect shareholders’ rights, and existing share certificates will remain valid. The changes are subject to shareholder approval and necessary regulatory filings.

BaTeLab Co., Ltd. Announces 2025 Extraordinary General Meeting
May 15, 2025

BaTeLab Co., Ltd. has announced that it will hold its first extraordinary general meeting (EGM) of 2025 on June 3rd to consider a special resolution regarding the change of the company’s name and domicile, along with amendments to its Articles of Association. This meeting is significant as it could impact the company’s operational structure and governance, potentially influencing its market positioning and stakeholder relations.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 17, 2025