Angelalign Technology Inc. (6699) AI Stock Analysis

• Market Cap: HK$10.63B
• Dividend Yield: N/A
• Average Volume (3M): 742.42K
• Price to Earnings (P/E): 222.3
• Beta (1Y): 0.99
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 3,576
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Instruments & Supplies
• EPS (TTM): 0.70
• Shares Outstanding: 170,772,630
• 10 Day Avg. Volume: 518,175
• 30 Day Avg. Volume: 742,423
• PEG Ratio: 1.65
• Price to Book (P/B): 2.77
• Price to Sales (P/S): 4.88
• P/FCF Ratio: -124.69
• 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: HK$78.50
• Price Target Upside: 26.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: HK$62.00 ▲(0.16% Upside)

Angelalign Technology Inc. has a stable financial position with strong revenue growth and low leverage, but faces challenges with profitability and cash flow management. The technical indicators suggest bearish momentum, and the high P/E ratio indicates overvaluation. These factors contribute to a moderate overall stock score.

Positive Factors

Strong Revenue Growth

The company's consistent revenue growth indicates a positive market position and demand for its products, supporting long-term business expansion.

Low Leverage

Low leverage enhances financial stability, reducing risk and providing flexibility for future investments and growth opportunities.

Strong Cash Generation

Strong cash generation capabilities enable the company to reinvest in growth initiatives and maintain financial health, supporting sustainable operations.

Negative Factors

Low Net Profit Margin

A low net profit margin suggests limited profitability, which could impact the company's ability to generate sufficient returns and reinvest in growth.

Operational Inefficiencies

Negative EBIT margin indicates operational challenges, which may hinder profitability and require strategic adjustments to improve efficiency.

Cash Flow Management Issues

Challenges in converting income into cash could affect liquidity and the ability to fund operations, necessitating improved cash flow management.

Angelalign Technology Inc. Business Overview & Revenue Model

Company Description

Angelalign Technology Inc. (6699) is a leading provider of clear aligner solutions in the dental sector, specializing in innovative orthodontic products designed to improve the alignment of teeth. The company operates primarily in the dental technology industry, offering a comprehensive range of services that include the design, manufacturing, and distribution of customized clear aligners. Through its advanced digital platform, Angelalign facilitates seamless interactions between dental professionals and patients, ensuring effective treatment outcomes.

How the Company Makes Money

Angelalign Technology Inc. generates revenue primarily through the sale of its clear aligner products to dental practitioners and clinics. The company employs a business model that includes direct sales of aligners, as well as associated services such as treatment planning and consultation. Additional revenue streams may include partnerships with dental practices and orthodontic professionals, licensing agreements for proprietary technology, and potential expansions into related dental products or services. The company's advanced digital platform is also a significant factor in driving sales, as it enhances the customer experience and streamlines the treatment process, fostering customer loyalty and repeat business.

Angelalign Technology Inc. Financial Statement Overview

Summary

Angelalign Technology Inc. demonstrates a stable financial position with strong revenue growth and low leverage. However, profitability margins and cash flow conversion ratios indicate areas for improvement. The company is well-positioned in terms of financial stability, but enhancing operational efficiency and cash flow management could further strengthen its financial health.

Income Statement

Angelalign Technology Inc. shows a moderate revenue growth rate of 7.08% TTM, indicating a positive trajectory. The gross profit margin remains strong at 62.59%, reflecting efficient cost management. However, the net profit margin is relatively low at 4.51%, suggesting room for improvement in profitability. The EBIT margin is negative, highlighting potential operational inefficiencies.

Balance Sheet

The company maintains a very low debt-to-equity ratio of 0.004, indicating strong financial stability and low leverage risk. The return on equity is modest at 4.98%, suggesting moderate efficiency in generating returns from equity. The equity ratio is healthy, showcasing a solid capital structure.

Cash Flow

Angelalign Technology Inc. exhibits a significant free cash flow growth rate of 264.85% TTM, indicating strong cash generation capabilities. However, the operating cash flow to net income ratio is relatively low at 0.13, suggesting potential challenges in converting income into cash. The negative free cash flow to net income ratio highlights potential cash flow management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.23B	1.96B	1.48B	1.27B	1.27B	816.53M
Gross Profit	1.39B	1.23B	920.71M	785.69M	826.65M	575.05M
EBITDA	177.56M	77.34M	154.39M	318.65M	372.47M	224.51M
Net Income	169.84M	88.42M	53.48M	213.78M	285.85M	150.69M
Balance Sheet
Total Assets	5.59B	4.95B	4.76B	4.49B	4.14B	1.21B
Cash, Cash Equivalents and Short-Term Investments	3.49B	436.83M	3.44B	3.65B	3.63B	877.58M
Total Debt	651.66M	14.48M	65.28M	28.20M	30.29M	20.11M
Total Liabilities	2.14B	1.44B	1.35B	884.01M	826.11M	712.47M
Stockholders Equity	3.41B	3.46B	3.34B	3.61B	3.32B	501.70M
Cash Flow
Free Cash Flow	166.46M	-76.78M	51.28M	51.48M	241.95M	366.61M
Operating Cash Flow	376.79M	123.48M	165.87M	146.87M	441.71M	408.28M
Investing Cash Flow	-439.06M	-138.82M	-981.71M	-159.77M	-182.05M	-7.28M
Financing Cash Flow	-34.78M	-28.46M	-187.06M	-193.61M	2.52B	-23.33M

Angelalign Technology Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 61.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6699, the sentiment is Positive. The current price of 61.9 is above the 20-day moving average (MA) of 60.93, below the 50-day MA of 63.17, and above the 200-day MA of 59.99, indicating a neutral trend. The MACD of -0.74 indicates Negative momentum. The RSI at 51.67 is Neutral, neither overbought nor oversold. The STOCH value of 83.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6699.

Angelalign Technology Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9997	83 Outperform	HK$10.87B	17.90	23.40%	2.84%	6.51%	4.85%
3600	74 Outperform	HK$5.10B	10.74	17.42%	3.65%	6.87%	18.37%
2276	72 Outperform	HK$25.77B	44.59	24.57%	0.66%	13.58%	24.59%
1501	70 Neutral	HK$5.36B	25.92	10.31%	―	14.06%	3.02%
1066	68 Neutral	HK$23.97B	11.37	8.34%	4.54%	0.74%	2.13%
6699	56 Neutral	HK$10.63B	222.32	―	―	―	―
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%

Angelalign Technology Inc. Corporate Events

Angelalign Technology Inc. Revamps Share Option Scheme to Align Incentives

Angelalign Technology Inc. announced the cancellation of 1,471,435 unvested share options and the re-granting of 1,122,013 new options to key personnel, including executive directors and other employees. This strategic move aims to align the interests of key contributors with shareholders, reinforcing the company’s commitment to a performance-driven culture and optimizing its long-term talent strategy.

Angelalign Technology Inc. Announces Board Composition and Roles

Angelalign Technology Inc. has announced the composition of its board of directors and the roles within its various committees. This announcement highlights the company’s commitment to structured governance and strategic leadership, which may influence its operational efficiency and stakeholder confidence.

Angelalign Technology Inc. Appoints New Chief Strategy Officer

Angelalign Technology Inc. has announced the creation of a new senior management position, Chief Strategy Officer, to enhance its strategic planning and innovation efforts. Mr. Song Xin, previously the Chief Operating Officer, has been appointed to this role, which is expected to help the company leverage its success in China globally and drive future innovation.