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ITE (Holdings) Limited (HK:8092)
:8092
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ITE (Holdings) Limited
(8092)
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Rating:68Neutral
Price Target:
HK$0.00
▼(-100.00% Downside)
ITE (Holdings) Limited's overall stock score is driven by strong technical indicators and a solid valuation profile, supported by a reasonable P/E ratio and attractive dividend yield. However, the significant revenue decline in financial performance poses a risk that tempers the overall score.
ITE (Holdings) Limited (8092) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$33.32M
Dividend Yield5.56%
Average Volume (3M)582.27K
Price to Earnings (P/E)16.4
Beta (1Y)0.18
Revenue Growth-0.15%
EPS GrowthN/A
CountryHK
Employees21
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)N/A
Shares Outstanding925,508,000
10 Day Avg. Volume93,200
30 Day Avg. Volume582,266
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
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 primarily through the sale and implementation of its smartcard and RFID systems. The company offers comprehensive solutions that include hardware, software, and support services, catering to sectors like transportation and logistics, where tracking and identification systems are crucial. Additionally, ITE may engage in long-term service contracts and maintenance agreements, providing a steady income stream. Significant partnerships with technology providers or government entities may also play a role in its revenue generation, offering collaborative projects or exclusive service deployments that help boost earnings.
ITE (Holdings) Limited Financial Statement Overview
Summary
ITE (Holdings) Limited shows a mixed financial performance. Despite a significant revenue decline, the company maintains strong profit margins and a healthy balance sheet with low leverage. Cash flow generation is robust, supporting financial flexibility, but the revenue drop poses a long-term risk.Income Statement
The company has faced significant revenue contraction over the past few years, dropping from over 49 million to around 12.7 million. However, it has managed to improve its gross profit margin to nearly 70%, indicating strong cost management. Despite a declining net profit margin due to reduced revenues, the company's EBIT and EBITDA margins show a positive trend, suggesting operational efficiency improvements.55
Neutral
Balance Sheet
The balance sheet reflects a strong equity position with a minimal debt-to-equity ratio, indicating financial stability. The equity ratio is robust, and ROE remains healthy despite declining net income. The increase in cash reserves and reduction in debt underscore prudent financial management.65
Positive
Cash Flow
Operating cash flow has been consistently positive, with a notable growth from previous periods. The company has maintained strong free cash flow generation, providing a solid buffer for future investments or debt repayments. The cash flow to net income ratios indicate efficient cash conversion.70
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.27M | 12.71M | 12.73M | 15.94M | 32.66M | 49.75M |
| Gross Profit | 7.98M | 8.91M | 8.14M | 9.56M | 13.69M | 16.39M |
| EBITDA | 2.11M | 2.84M | 2.89M | 6.13M | 8.46M | 11.61M |
| Net Income | 1.97M | 2.06M | 2.00M | 4.82M | 6.16M | 8.45M |
Balance Sheet | ||||||
| Total Assets | 22.14M | 24.39M | 23.03M | 27.64M | 29.45M | 33.92M |
| Cash, Cash Equivalents and Short-Term Investments | 19.28M | 19.85M | 18.57M | 21.19M | 11.06M | 9.21M |
| Total Debt | 367.00K | 811.46K | 725.40K | 1.42M | 1.47M | 3.94M |
| Total Liabilities | 4.16M | 4.97M | 3.82M | 5.82M | 6.90M | 12.89M |
| Stockholders Equity | 17.99M | 19.42M | 19.21M | 21.82M | 22.55M | 21.03M |
Cash Flow | ||||||
| Free Cash Flow | 4.03M | 3.28M | 2.06M | 4.76M | 8.57M | 16.44M |
| Operating Cash Flow | 4.03M | 3.29M | 2.06M | 4.77M | 8.60M | 16.47M |
| Investing Cash Flow | 388.00K | 587.90K | 677.27K | 898.61K | 445.79K | 41.78K |
| Financing Cash Flow | -2.60M | -2.60M | -5.37M | 4.51M | -7.23M | -11.90M |
ITE (Holdings) Limited Technical Analysis
Positive
0.04
Price Trends
0.04
Positive
0.03
Positive
0.03
Positive
Market Momentum
<0.01
Negative
58.18
Neutral
143.33
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 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.18 is Neutral, neither overbought nor oversold. The STOCH value of 143.33 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$33.32M | 16.36 | 10.68% | 5.56% | -0.15% | ― | |
68 Neutral | HK$180.40M | 7.88 | 3.11% | ― | 8.78% | 160.00% | |
61 Neutral | HK$364.00M | -478.95 | 0.15% | ― | -23.93% | -109.41% | |
55 Neutral | HK$303.83M | -7.56 | -29.92% | ― | -7.93% | 45.04% | |
50 Neutral | HK$49.81M | -1.86 | -12.30% | ― | -51.47% | -22.16% | |
41 Neutral | HK$108.15M | -2.92 | -30.08% | ― | 86.85% | -36.65% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
HK:8092
ITE (Holdings) Limited
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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.