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ITE (Holdings) Limited (HK:8092)
:8092
Hong Kong Market

ITE (Holdings) Limited (8092) AI Stock Analysis

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HK

ITE (Holdings) Limited

(8092)

58Neutral
ITE (Holdings) Limited demonstrates a solid equity position with low debt, which is a significant strength. However, declining revenues and weakened cash flow generation pose challenges for future growth. Technical indicators present mixed signals, with some suggesting potential oversold conditions. The valuation appears attractive due to a low P/E ratio and high dividend yield, which slightly offsets the financial performance concerns.

ITE (Holdings) Limited (8092) vs. S&P 500 (SPY)

ITE (Holdings) Limited Business Overview & Revenue Model

Company DescriptionITE (Holdings) Limited, an investment holding company, provides smartcard systems, radio frequency identification (RFID) products, and information technology (IT) and related services to the public and private sectors in Hong Kong and Macao. The company provides system integration; project management and implementation; and management, operation, and maintenance services, as well as HOMAC hardware and Intelli software products. It also offers smart city information services; harvesting, storage, utilization of smart energy; Internet of things products, such as sensors and wireless connections; FinTech and sharing economy solution; e-payment; identification; access control; automated passage; automated fare collection; vehicle and transport; intelligent facilities; time attendance; assets and materials handling; and precision medicine and engineering solutions. ITE (Holdings) Limited was founded in 1997 and is headquartered in Kowloon, Hong Kong.
How the Company Makes MoneyITE (Holdings) Limited generates revenue through various streams including the provision of IT consultancy services which involve advising clients on technology strategies and solutions. Additionally, the company earns income from implementing smart city solutions that enhance urban infrastructure through technology integration. E-commerce platform development and maintenance also contribute to their revenue, as they assist businesses in establishing and managing online sales channels. The company's earnings are further supported by strategic partnerships with technology providers and government contracts in the regions they operate.

ITE (Holdings) Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
12.73M15.94M32.66M49.75M44.35M
Gross Profit
8.14M9.56M13.69M16.39M12.71M
EBIT
626.59K4.55M6.34M8.77M1.78M
EBITDA
2.89M6.13M8.46M11.61M5.09M
Net Income Common Stockholders
2.00M4.82M6.16M8.45M1.02M
Balance SheetCash, Cash Equivalents and Short-Term Investments
18.57M21.19M11.06M9.21M4.59M
Total Assets
23.03M27.64M29.45M33.92M32.64M
Total Debt
725.40K1.42M1.47M3.94M11.89M
Net Debt
-17.84M-19.77M-9.53M-5.27M7.30M
Total Liabilities
3.82M5.82M6.90M12.89M19.70M
Stockholders Equity
19.21M21.82M22.55M21.03M12.95M
Cash FlowFree Cash Flow
2.06M4.76M8.57M16.44M6.71M
Operating Cash Flow
2.06M4.77M8.60M16.47M6.82M
Investing Cash Flow
677.27K898.61K445.79K41.78K71.25K
Financing Cash Flow
-5.37M4.51M-7.23M-11.90M-6.87M

ITE (Holdings) Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.03
Price Trends
50DMA
0.03
Positive
100DMA
0.03
Positive
200DMA
0.02
Positive
Market Momentum
MACD
<0.01
Negative
RSI
54.19
Neutral
STOCH
113.23
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8092, the sentiment is Positive. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.19 is Neutral, neither overbought nor oversold. The STOCH value of 113.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8092.

ITE (Holdings) Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
HK$22.44M1.9242.01%4.39%
60
Neutral
$10.96B10.27-6.73%2.97%7.73%-11.60%
58
Neutral
HK$24.06M12.3811.00%7.69%-15.78%-46.15%
40
Underperform
HK$60.80M
-15.26%27.67%
39
Underperform
HK$166.82M-82.56%79.84%-219.70%
34
Underperform
HK$73.14M
98.29%65.99%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8092
ITE (Holdings) Limited
0.03
<0.01
50.00%
CHNVF
China Youzan
0.01
0.00
0.00%
HK:8050
Quantum Thinking Limited
0.12
-0.03
-20.00%
HK:8176
SuperRobotics Holdings Ltd.
0.11
-0.20
-64.52%
HK:8297
Ocean Star Technology Group Limited
0.05
-0.08
-61.54%
HK:8367
Simplicity Holding Ltd.
0.32
-1.08
-77.14%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.