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

• Market Cap: HK$50.00M
• Dividend Yield: N/A
• Average Volume (3M): 549.33K
• 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: 1,075,000
• 30 Day Avg. Volume: 549,333
• PEG Ratio: 0.09
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.90
• P/FCF Ratio: -5.73
• 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: 51 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score reflects significant financial challenges, including declining revenue and negative profitability, which are the most impactful factors. Technical analysis shows some positive momentum, but valuation remains unattractive due to negative earnings and lack of dividends.

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 data protection and backup solutions. The company operates primarily in the software development sector, focusing on providing comprehensive backup and disaster recovery solutions for businesses of all sizes. Ahsay's core products include its flagship backup software, which allows users to securely back up data across various platforms, including virtual, physical, and cloud environments, catering to both individual and enterprise-level clients.

How the Company Makes Money

Ahsay generates revenue through a subscription-based model, offering various licensing options for its backup software products. The company charges customers on a recurring basis for access to its software, which can include different tiers based on features, storage capacity, and the number of users. Additionally, Ahsay may derive income from maintenance and support services, which provide ongoing assistance to clients using their software. The company also engages in strategic partnerships with cloud service providers, which can enhance its product offerings and expand its market reach, contributing to its overall earnings.

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	38.27M	39.95M	41.66M	44.88M	47.87M	54.84M
Gross Profit	9.58M	16.64M	11.74M	44.66M	47.37M	54.57M
EBITDA	-2.71M	1.52M	6.25M	2.25M	-11.15M	1.41M
Net Income	-1.15M	-2.19M	2.64M	-1.96M	-15.67M	-3.66M
Balance Sheet
Total Assets	74.60M	76.14M	78.94M	81.51M	86.21M	99.43M
Cash, Cash Equivalents and Short-Term Investments	54.98M	54.88M	62.34M	59.73M	62.54M	74.41M
Total Debt	5.83M	6.90M	2.40M	6.74M	8.92M	4.85M
Total Liabilities	19.39M	21.21M	21.02M	27.64M	29.94M	26.48M
Stockholders Equity	55.21M	54.94M	57.92M	55.22M	57.33M	73.61M
Cash Flow
Free Cash Flow	-706.00K	-6.28M	3.04M	-840.00K	-8.73M	-10.24M
Operating Cash Flow	-446.00K	-6.04M	3.21M	-468.00K	-7.25M	-1.16M
Investing Cash Flow	1.18M	1.65M	12.26M	-10.47M	235.00K	-9.73M
Financing Cash Flow	-2.51M	-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: Positive
• RSI: Neutral
• 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 Positive momentum. The RSI at 47.10 is Neutral, neither overbought nor oversold. The STOCH value of -24.44 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
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
8100	60 Neutral	HK$117.78M	43.75	-2.72%	0.75%	-13.40%	76.97%
8131	53 Neutral	HK$70.12M	―	-523.99%	―	78.40%	72.37%
8290	51 Neutral	HK$50.00M	―	-2.07%	―	-6.88%	-100.00%
8036	45 Neutral	HK$36.88M	―	-0.42%	―	-14.25%	77.78%
8018	44 Neutral	€20.17M	―	-21.34%	―	8.14%	83.10%