ITE (Holdings) Limited (8092) AI Stock Analysis

• Market Cap: HK$33.32M
• Dividend Yield: 5.56%
• Average Volume (3M): 215.60K
• Price to Earnings (P/E): 15.5
• Beta (1Y): 0.21
• Revenue Growth: -0.15%
• EPS Growth: N/A
• Country: HK
• Employees: 21
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): N/A
• Shares Outstanding: 925,508,000
• 10 Day Avg. Volume: 146,400
• 30 Day Avg. Volume: 215,600
• PEG Ratio: 0.00
• Price to Book (P/B): 1.33
• Price to Sales (P/S): 2.04
• P/FCF Ratio: 7.90
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score of 60 reflects a balance between strong cash flow and financial stability against the backdrop of declining revenues and mixed technical indicators. The stock's reasonable valuation and high dividend yield provide some support, but the bearish technical signals and revenue contraction are significant concerns.

ITE (Holdings) Limited Business Overview & Revenue Model

Company Description

ITE (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 Money

ITE (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 mixed financial performance. While revenue has significantly contracted, the company maintains strong profit margins and a healthy balance sheet with low leverage. Cash flow generation is robust, supporting future financial flexibility, but the revenue decline 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.

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.

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.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.06M	12.71M	12.73M	15.94M	32.66M	49.75M
Gross Profit	11.41M	8.91M	8.14M	9.56M	13.69M	16.39M
EBITDA	2.88M	2.84M	2.89M	6.13M	8.46M	11.61M
Net Income	2.78M	2.06M	2.00M	4.82M	6.16M	8.45M
Balance Sheet
Total Assets	24.39M	24.39M	23.03M	27.64M	29.45M	33.92M
Cash, Cash Equivalents and Short-Term Investments	19.85M	19.85M	18.57M	21.19M	11.06M	9.21M
Total Debt	811.46K	811.46K	725.40K	1.42M	1.47M	3.94M
Total Liabilities	4.97M	4.97M	3.82M	5.82M	6.90M	12.89M
Stockholders Equity	19.42M	19.42M	19.21M	21.82M	22.55M	21.03M
Cash Flow
Free Cash Flow	3.28M	3.28M	2.06M	4.76M	8.57M	16.44M
Operating Cash Flow	3.29M	3.29M	2.06M	4.77M	8.60M	16.47M
Investing Cash Flow	587.90K	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

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 Positive momentum. The RSI at 56.49 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1720	68 Neutral	HK$134.20M	5.87	3.56%	―	8.78%	160.00%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
8092	60 Neutral	HK$33.32M	15.45	10.68%	5.56%	-0.15%	―
1087	55 Neutral	HK$311.83M	―	-17.08%	―	-7.93%	45.04%
0248	50 Neutral	HK$49.81M	―	-11.64%	―	-51.47%	-22.16%
1202	48 Neutral	€344.00M	351.61	-0.09%	―	-23.93%	-109.41%
1613	41 Neutral	HK$97.38M	―	-29.38%	―	86.85%	-36.65%