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China Technology Industry Group Limited (HK:8111)
:8111
Hong Kong Market

China Technology Industry Group Limited (8111) AI Stock Analysis

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HK

China Technology Industry Group Limited

(8111)

36Underperform
The overall stock score for China Technology Industry Group Limited is low, primarily due to severe financial challenges, negative technical indicators, and poor valuation metrics. The company's declining revenue and sustained losses, coupled with bearish market sentiment and lack of profitability, highlight significant concerns for potential investors.

China Technology Industry Group Limited (8111) vs. S&P 500 (SPY)

China Technology Industry Group Limited Business Overview & Revenue Model

Company DescriptionChina Technology Industry Group Limited, an investment holding company, engages in the energy power system integration business and sale of renewable energy products in the People's Republic of China. The company also provides power system integration services, as well as system management services to the power stations. In addition, it sells photovoltaic mounting brackets, solar trackers, guardrail of the solar power stations, solar power related products, and towers for wind turbines; and provides onsite services and other related technology consultation services. The company was formerly known as China Technology Solar Power Holdings Limited and changed its name to China Technology Industry Group Limited in March 2020. China Technology Industry Group Limited is headquartered in Kowloon, Hong Kong.
How the Company Makes MoneyChina Technology Industry Group Limited generates revenue by selling and installing solar photovoltaic systems. The company earns income through direct sales of solar products to customers, as well as through installation services provided to residential and commercial projects. Additionally, the company may engage in project development, where it designs and implements solar energy solutions, potentially benefiting from government incentives or partnerships with other energy firms. Revenue streams are primarily driven by the demand for renewable energy solutions and any strategic collaborations that enhance its market presence.

China Technology Industry Group Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
0.0042.51M72.22M276.93M91.09M
Gross Profit
0.002.22M13.16M52.28M8.69M
EBIT
-43.66M-26.67M1.81M38.37M-23.56M
EBITDA
-43.65M-19.55M2.05M82.87M-23.52M
Net Income Common Stockholders
-47.15M-25.14M-3.73M69.00M-26.92M
Balance SheetCash, Cash Equivalents and Short-Term Investments
563.00K3.42M4.04M2.07M4.21M
Total Assets
102.61M142.04M165.95M218.91M141.56M
Total Debt
41.80M52.76M43.86M46.88M47.59M
Net Debt
41.28M49.34M39.82M44.97M43.52M
Total Liabilities
62.48M82.59M81.36M130.97M132.45M
Stockholders Equity
40.12M59.45M84.59M88.32M9.47M
Cash FlowFree Cash Flow
-10.17M331.00K38.81M6.98M-6.03M
Operating Cash Flow
6.72M19.22M38.81M6.98M-5.33M
Investing Cash Flow
-16.89M-18.88M-25.60M267.00K-942.00K
Financing Cash Flow
7.26M-969.00K-11.08M-9.42M7.71M

China Technology Industry Group Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.12
Price Trends
50DMA
0.15
Negative
100DMA
0.16
Negative
200DMA
0.14
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
22.80
Positive
STOCH
53.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8111, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.15, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 22.80 is Positive, neither overbought nor oversold. The STOCH value of 53.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8111.

China Technology Industry Group 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
60
Neutral
$10.94B10.37-6.73%2.98%7.75%-12.61%
36
Underperform
HK$57.16M-114.02%-51.39%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8111
China Technology Industry Group Limited
0.12
0.04
50.00%
COBJF
Comba Telecom Systems Holdings
0.23
0.11
91.67%
GCPEF
GCL-Poly Energy Holdings
0.10
-0.06
-37.50%
KSFTF
Kingsoft
5.05
1.67
49.41%
SNPTF
Sunny Optical Technology (Group) Co
8.26
2.86
52.96%
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.