Ahsay Backup Software Development Company Limited (8290) AI Stock Analysis

• Market Cap: HK$46.00M
• Dividend Yield: N/A
• Average Volume (3M): 874.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: -6.88%
• EPS Growth: -100.00%
• Country: HK
• Employees: 68
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.00
• Shares Outstanding: 2,000,000,000
• 10 Day Avg. Volume: 350,000
• 30 Day Avg. Volume: 874,666
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 45 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The stock is facing severe financial challenges, with poor profitability and liquidity issues being the most significant concerns. Technical analysis indicates potential for a price correction, and valuation metrics are unfavorable due to a negative P/E ratio.

Ahsay Backup Software Development Company Limited Business Overview & Revenue Model

Company Description

Ahsay Backup Software Development Company Limited (8290) is a Hong Kong-based company specializing in the development of backup software solutions. It operates primarily in the information technology sector, providing robust and secure data protection products to businesses and service providers. The company's core offerings include comprehensive backup software designed to safeguard data across various platforms and environments, ensuring business continuity and data integrity for its clients.

How the Company Makes Money

Ahsay Backup Software Development Company Limited generates revenue through the sale of its backup software products and related services. The company's primary revenue streams include licensing fees for its software solutions, subscription fees for ongoing access to its cloud-based services, and maintenance and support contracts that provide customers with updates and technical assistance. Additionally, Ahsay may engage in strategic partnerships or collaborations with other technology firms to expand its market reach and enhance its product offerings, further contributing to its revenue.

Ahsay Backup Software Development Company Limited Financial Statement Overview

Summary

Significant financial challenges with declining revenue and profitability, negative net profit margin, and concerning cash flow issues. The balance sheet is relatively strong, but rising leverage and negative returns are troubling.

Income Statement

The company has experienced declining revenue and profitability over the years, with a negative net profit margin of -5.47% in the latest year, indicating operational challenges. The gross profit margin improved to 41.64%, but the absence of positive EBIT highlights efficiency issues. Revenue growth has been negative, exacerbating financial pressures.

Balance Sheet

Despite challenges, the company maintains a strong equity position with an equity ratio of 72.13%, suggesting financial stability. However, the debt-to-equity ratio increased to 0.13, indicating rising leverage. The return on equity is negative, reflecting poor return on investment for shareholders.

Cash Flow

The cash flow situation is concerning, with negative free cash flow growth and an operating cash flow to net income ratio of -2.76, suggesting poor cash conversion. Free cash flow has significantly deteriorated, highlighting liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.02M	39.95M	41.66M	44.88M	47.87M	54.84M
Gross Profit	21.94M	16.64M	11.74M	44.66M	47.37M	54.57M
EBITDA	600.00K	1.52M	6.25M	2.25M	-11.15M	1.41M
Net Income	-793.00K	-2.19M	2.64M	-2.31M	-16.13M	-4.45M
Balance Sheet
Total Assets	72.53M	76.14M	78.94M	81.51M	86.21M	99.43M
Cash, Cash Equivalents and Short-Term Investments	56.91M	54.88M	62.34M	59.73M	62.54M	74.41M
Total Debt	1.20M	6.90M	2.40M	6.74M	8.92M	4.85M
Total Liabilities	16.45M	21.21M	21.02M	27.64M	29.94M	26.48M
Stockholders Equity	56.07M	54.94M	57.92M	55.22M	57.33M	73.61M
Cash Flow
Free Cash Flow	-1.08M	-6.28M	3.04M	-840.00K	-8.73M	-10.24M
Operating Cash Flow	-958.00K	-6.04M	3.21M	-468.00K	-7.25M	-1.16M
Investing Cash Flow	36.37M	1.65M	12.26M	-10.47M	235.00K	-9.73M
Financing Cash Flow	-2.43M	-2.52M	-2.58M	-2.48M	-3.23M	-2.92M

Ahsay Backup Software Development Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Neutral
• RSI: Negative
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8290, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Neutral momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of -33.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8290.

Ahsay Backup Software Development Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8100	60 Neutral	HK$137.78M	-29.52	1.17%	0.65%	-13.40%	76.97%
8131	53 Neutral	HK$92.30M	-16.74	-1165.48%	―	78.40%	72.37%
8036	51 Neutral	HK$42.47M	-190.00	-4.50%	―	-14.25%	77.78%
8018	47 Neutral	HK$22.69M	-2.23	-23.86%	―	8.14%	83.10%
8290	45 Neutral	HK$46.00M	―	-2.07%	―	-6.88%	-100.00%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%