Mindtell Technology Limited (8611) AI Stock Analysis

• Market Cap: HK$351.00M
• Dividend Yield: N/A
• Average Volume (3M): 1.22M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.48
• Revenue Growth: 29.99%
• EPS Growth: -113.64%
• Country: HK
• Employees: 64
• Sector: Technology
• Sector Strength: 83
• Industry: Information Technology Services
• EPS (TTM): >-0.01
• Shares Outstanding: 468,000,000
• 10 Day Avg. Volume: 858,000
• 30 Day Avg. Volume: 1,218,833
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$1.00
• Price Target Upside: 36.99% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 55 Neutral
• Price Target: HK$1.00 ▲(36.99% Upside)

Mindtell Technology Limited's overall stock score is primarily influenced by its financial performance and technical analysis. The company shows recovery signs with improved revenue and cash flow but faces challenges with profitability and financial stability. Positive technical indicators support the stock's momentum, while valuation concerns due to negative earnings weigh down the score.

Mindtell Technology Limited Business Overview & Revenue Model

Company Description

Mindtell Technology Limited, an investment holding company, provides information technology (IT) services in Malaysia, Indonesia, and Singapore. The company operates through System Integration and Development Services, IT Outsourcing Services, and Maintenance and Consultancy Services segments. It is involved in the design, procurement, installation, and maintenance of customized system applications for corporate customers. The company offers NS3, a square intelligence solution; CUSTPRO, a customer relationship management system; and Blackbutton, a mobile payment application. It primarily serves customers in private and public sectors, including banks and financial institutions, government and statutory bodies, educational institutions, IT service firms, software principals, and other small and medium enterprises. The company was founded in 2006 and is headquartered in Subang Jaya, Malaysia.

How the Company Makes Money

Mindtell Technology Limited makes money through several key revenue streams including software development services, IT consulting, and cloud computing solutions. The company partners with businesses to provide customized software applications, leveraging their expertise to deliver solutions that meet specific client needs. Additionally, Mindtell offers consulting services to help organizations optimize their IT infrastructure and adopt new technologies. Revenue is also generated from cloud services, where the company offers cloud solutions that enable clients to increase efficiency and scalability. Significant partnerships with technology providers may also contribute to their earnings by enhancing their service offerings and expanding their market reach.

Mindtell Technology Limited Financial Statement Overview

Summary

Mindtell Technology Limited shows revenue growth and improved cash flow, but ongoing net losses and a declining equity ratio indicate financial weaknesses. The company needs to enhance profitability and stabilize its financial structure.

Income Statement

Mindtell Technology Limited has seen a positive revenue growth rate of 17% over the past year, indicating recovery from its previous declines. However, the company is still struggling with profitability, as indicated by negative net profit and EBIT margins. The gross profit margin has improved to 28.8%, but the net income remains negative, showing continued operational challenges.

Balance Sheet

The company maintains a relatively low debt-to-equity ratio of 0.65, suggesting manageable leverage. However, the equity ratio has decreased to 25.9%, indicating reduced financial stability. Despite this, the company has a positive cash position, which provides some financial flexibility.

Cash Flow

There is a significant improvement in free cash flow, turning positive from the previous year's negative figures. The operating cash flow has improved significantly, aiding cash flow to net income ratios. This indicates better cash management and operational efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.24M	12.17M	12.47M	17.18M	10.01M
Gross Profit	4.10M	2.64M	3.38M	2.71M	1.49M
EBITDA	-383.00K	-2.71M	-2.30M	-2.56M	-8.78M
Net Income	-1.15M	-5.43M	-6.74M	-6.27M	-14.26M
Balance Sheet
Total Assets	9.89M	11.31M	15.67M	31.32M	32.88M
Cash, Cash Equivalents and Short-Term Investments	3.08M	3.56M	6.64M	15.09M	18.88M
Total Debt	1.66M	1.60M	1.80M	2.06M	1.82M
Total Liabilities	7.32M	7.52M	6.38M	15.53M	10.80M
Stockholders Equity	2.56M	3.79M	9.29M	15.79M	22.07M
Cash Flow
Free Cash Flow	261.00K	-3.12M	-8.13M	-3.69M	2.75M
Operating Cash Flow	337.00K	-2.85M	-4.68M	-712.00K	6.47M
Investing Cash Flow	12.00K	-187.00K	-3.41M	-2.79M	-3.57M
Financing Cash Flow	-475.00K	-392.00K	-358.00K	-284.00K	-289.00K

Mindtell Technology Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.73
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8611, the sentiment is Positive. The current price of 0.73 is below the 20-day moving average (MA) of 0.75, above the 50-day MA of 0.63, and above the 200-day MA of 0.55, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 52.13 is Neutral, neither overbought nor oversold. The STOCH value of 36.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8611.

Mindtell Technology Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1460	78 Outperform	HK$307.16M	11.95	4.67%	2.86%	5.87%	54.21%
0046	77 Outperform	HK$419.84M	14.09	5.83%	6.04%	-1.26%	-10.80%
1900	69 Neutral	HK$524.66M	14.29	1.16%	11.35%	-5.81%	-84.80%
Sector *	61 Neutral	$35.62B	7.50	-10.94%	1.87%	8.86%	-10.27%
8611	55 Neutral	HK$351.00M	―	-57.46%	―	29.99%	-113.64%
1949	51 Neutral	HK$228.00M	20.59	-70.43%	―	-77.93%	-3076.47%
8229	46 Neutral	HK$335.91M	―	-11.66%	―	-9.21%	-4.52%