Prime Intelligence Solutions Group Ltd. (8379) AI Stock Analysis

• Market Cap: HK$101.60M
• Dividend Yield: N/A
• Average Volume (3M): 355.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: 50.49%
• EPS Growth: 68.84%
• Country: HK
• Employees: 80
• Sector: Industrials
• Sector Strength: 84
• Industry: Security & Protection Services
• EPS (TTM): >-0.01
• Shares Outstanding: 800,000,000
• 10 Day Avg. Volume: 673,000
• 30 Day Avg. Volume: 355,066
• PEG Ratio: -0.92
• Price to Book (P/B): 2.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.35
• 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: 47 Neutral
• Price Target: ―

Prime Intelligence Solutions Group Ltd. presents a challenging financial scenario, with persistent losses and negative cash flows. While some revenue growth is apparent, profitability issues and a declining asset base are key concerns. Technical indicators suggest neutral momentum, but valuation metrics highlight significant profitability challenges, impacting the overall attractiveness of the stock.

Prime Intelligence Solutions Group Ltd. Business Overview & Revenue Model

Company Description

Prime Intelligence Solutions Group Ltd. (8379) is a company involved in providing intelligent video analytics and surveillance solutions. It operates primarily in the sectors of security and technology, offering core products and services that include advanced surveillance systems, video analytics software, and related security solutions tailored for both corporate and governmental clients.

How the Company Makes Money

The company makes money through the sale and licensing of its video analytics software and surveillance systems. Key revenue streams include direct sales to corporate clients and government agencies, as well as recurring income from software licensing and maintenance contracts. Significant partnerships with technology distributors and security service providers contribute to its earnings by expanding its market reach and enabling integration of its solutions into broader security offerings.

Prime Intelligence Solutions Group Ltd. Financial Statement Overview

Summary

The company is facing significant financial challenges with persistent net losses, negative margins, and cash flow issues. Despite some revenue growth, profitability remains a concern. The balance sheet shows controlled leverage but declining equity, highlighting sustainability issues.

Income Statement

The company has experienced declining revenue over the past year with a revenue growth rate of 25.98% from 2023 to 2024. However, persistent net losses and negative EBIT and EBITDA margins indicate ongoing profitability challenges. The gross profit margin remains moderate at about 46.34%, but net profit margins remain negative, signaling operational inefficiencies.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.26, reflecting controlled leverage. However, the declining equity and asset base over the years highlight potential sustainability concerns. The equity ratio is relatively healthy at 41.58%, but the consistent reduction in stockholders' equity from 2020 to 2024 is a concern.

Cash Flow

The company has negative free cash flow and operating cash flow, with no clear improvement trend. The free cash flow growth rate improved to -38.11% from 2023 to 2024, yet the overall cash flow position suggests liquidity issues. Operating cash flow to net income ratio is negative, indicating cash flow challenges in covering operational losses.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
65.11M	54.37M	43.15M	48.95M	45.99M	50.84M
	Gross Profit
29.09M	25.19M	13.01M	16.67M	19.79M	24.58M
	EBIT
-9.36M	-15.42M	-23.91M	-22.93M	-6.62M	-2.77M
	EBITDA
-10.22M	-13.82M	-23.63M	-21.16M	-4.08M	-365.00K
	Net Income Common Stockholders
-8.36M	-15.63M	-24.16M	-23.19M	-7.10M	-3.38M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.69M	3.80M	17.87M	36.88M	59.17M	65.15M
	Total Assets
47.60M	45.19M	55.03M	73.02M	97.10M	102.52M
	Total Debt
5.62M	4.96M	4.05M	1.39M	2.88M	2.98M
	Net Debt
1.93M	1.15M	-13.82M	-35.49M	-56.29M	-62.17M
	Total Liabilities
32.26M	26.41M	20.43M	13.86M	14.89M	13.75M
	Stockholders Equity
15.34M	18.79M	34.60M	59.16M	82.20M	88.77M
Cash Flow		Free Cash Flow
-1.75M	-10.64M	-17.21M	-20.69M	-3.81M	-3.80M
	Operating Cash Flow
772.00K	-8.24M	-15.64M	-15.55M	-3.10M	-3.71M
	Investing Cash Flow
-2.50M	-2.42M	-1.45M	-5.11M	-530.00K	719.00K
	Financing Cash Flow
-3.37M	-3.24M	-1.90M	-1.64M	-2.41M	-2.10M

Prime Intelligence Solutions Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.13
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8379, the sentiment is Positive. The current price of 0.13 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.12, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 59.41 is Neutral, neither overbought nor oversold. The STOCH value of 93.83 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8379.

Prime Intelligence Solutions Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3888	76 Outperform	$54.52B	30.97	7.07%	0.43%	19.66%	169.54%
2342	58 Neutral	$5.34B	―	-18.09%	1.26%	-24.30%	-10350.00%
Sector *	58 Neutral	$1.32B	4.01	-2.93%	11.77%	3.38%	-51.94%
6877	57 Neutral	HK$731.98M	64.29	4.68%	―	-48.61%	16.67%
8198	47 Neutral	HK$1.50B	―	-30.10%	―	130.71%	51.92%
8379	47 Neutral	HK$101.60M	―	-42.74%	―	50.49%	68.84%