China Technology Industry Group Limited (8111) AI Stock Analysis

• Market Cap: HK$57.16M
• Dividend Yield: N/A
• Average Volume (3M): 13.33K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: N/A
• EPS Growth: -51.39%
• Country: HK
• Employees: 34
• Sector: Technology
• Sector Strength: 81
• Industry: Solar
• EPS (TTM): -0.11
• Shares Outstanding: 460,976,680
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 13,333
• PEG Ratio: -0.01
• Price to Book (P/B): 5.14
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.95
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 36 Underperform
• Price Target: ―

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 Business Overview & Revenue Model

Company Description

China 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 Money

China 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

China Technology Industry Group Limited faces significant financial challenges, characterized by declining revenues, sustained losses, and cash flow issues. The balance sheet reflects moderate leverage, but diminished equity signals ongoing financial stress. The company's ability to turn around its revenue and profitability trends will be critical for future financial health.

Income Statement

The income statement reveals significant revenue volatility and declining performance. Total revenue dropped to zero in the latest year from HK$42.51 million, and net income has been negative, indicating sustained losses. The EBIT and EBITDA margins have deteriorated, reflecting operational challenges. The company had positive net income and higher revenue in 2021, but the trend has not been maintained.

Balance Sheet

The balance sheet shows a moderately leveraged position with a debt-to-equity ratio of approximately 1.04 in the latest year, highlighting potential risk if earnings do not improve. Stockholders' equity has decreased over time, indicating stresses on financial health. However, the equity ratio remains reasonable, suggesting some level of stability despite the challenges.

Cash Flow

The cash flow statement indicates negative free cash flow in the latest periods, exacerbating liquidity concerns. Operating cash flow covers net income, but the decline in free cash flow growth and reliance on financing activities underscores financial pressures. Free cash flow was positive in 2023, but this has not continued in the latest year.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	42.51M	72.22M	276.93M	91.09M
	Gross Profit
0.00	0.00	2.22M	13.16M	52.28M	8.69M
	EBIT
-44.91M	-43.66M	-26.67M	3.47M	76.47M	-23.56M
	EBITDA
-44.84M	-43.65M	-19.55M	2.05M	82.87M	-24.77M
	Net Income Common Stockholders
-45.58M	-47.15M	-25.14M	-3.73M	69.00M	-26.92M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.12M	563.00K	3.42M	4.04M	2.07M	4.21M
	Total Assets
93.53M	102.61M	142.04M	165.95M	218.91M	141.56M
	Total Debt
44.49M	41.80M	52.76M	43.86M	46.88M	47.59M
	Net Debt
42.38M	41.28M	49.34M	39.82M	44.97M	43.52M
	Total Liabilities
62.19M	62.48M	82.59M	81.36M	130.97M	132.45M
	Stockholders Equity
31.35M	40.12M	59.45M	84.59M	88.32M	9.47M
Cash Flow		Free Cash Flow
-4.64M	-10.17M	331.00K	38.81M	6.98M	-6.03M
	Operating Cash Flow
8.97M	6.72M	19.22M	38.81M	6.98M	-5.33M
	Investing Cash Flow
-13.62M	-16.89M	-18.88M	-25.60M	267.00K	-942.00K
	Financing Cash Flow
3.83M	7.26M	-969.00K	-11.08M	-9.42M	7.71M

China Technology Industry Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: 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 0.12, 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 23.81 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.92B	10.03	-7.37%	3.70%	7.32%	-8.25%
8111	36 Underperform	HK$57.16M	―	-114.02%	―	―	-51.39%
COBJF		$664.71M	―	-18.09%	1.29%	―	―
GCPEF		$3.16B	―	-11.91%	―	―	―
KSFTF		$6.90B	27.63	7.07%	0.43%	―	―
SNPTF		$9.16B	24.07	11.45%	0.82%	―	―