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Plastec Technologies Ltd. (PLTYF)
OTHER OTC:PLTYF
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Plastec Technologies
(OTC:PLTYF)
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Rating:45Neutral
Price Target:―
Plastec Technologies' stock score is primarily impacted by its weak financial performance, characterized by zero revenue and ongoing losses, despite a strong balance sheet. The valuation metrics are unfavorable, and the absence of technical and earnings call insights further contributes to uncertainty. The overall score reflects these challenges and the lack of clear growth prospects or strategic direction.
Plastec Technologies (PLTYF) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$284.64K
Dividend Yield1750%
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)0.09
Revenue GrowthN/A
EPS Growth-22625.00%
CountryUS
Employees4
SectorFinancial
Sector Strength70
IndustryShell Companies
Share Statistics
EPS (TTM)-0.01
Shares Outstanding12,938,128
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)0.02
Price to Sales (P/S)0.00
P/FCF Ratio3.08
Enterprise Value/Market Cap-18.15
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-15.20
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Plastec Technologies Business Overview & Revenue Model
Company DescriptionPlastec Technologies (PLTYF) is a company engaged in the manufacturing and sale of precision plastic injection molds and related products. Operating within the plastic manufacturing industry, Plastec Technologies focuses on providing high-quality, customized plastic components for various sectors, including consumer electronics, automotive, and healthcare.
How the Company Makes MoneyPlastec Technologies generates revenue primarily through the production and sale of precision plastic injection molds and related products. The company serves a diverse clientele across multiple industries, offering customized solutions that cater to specific client needs. By leveraging advanced manufacturing techniques and ensuring high product quality, Plastec Technologies maintains strong relationships with its clients, contributing to consistent revenue streams. Additionally, any strategic partnerships or collaborations with key industry players further bolster its earnings potential by expanding its market reach and enhancing its product offerings.
Plastec Technologies Financial Statement Overview
Summary
Plastec Technologies exhibits a mixed financial outlook. While the company benefits from a strong balance sheet with no debt and substantial cash reserves, it faces significant challenges due to zero revenue, ongoing losses, and inconsistent cash flow. The lack of income-generating activities and profitability raises concerns over its business model and sustainability.Income Statement
Plastec Technologies has reported zero revenue consistently over the past years, indicating a lack of income-generating activities. Net income has been negative, reflecting ongoing losses. The absence of revenue growth or profitability highlights significant challenges in operational efficiency and market presence.10
Very Negative
Balance Sheet
The company maintains a strong financial position with no debt and a substantial amount of cash and equivalents. The debt-to-equity ratio is zero, and the equity ratio is high, indicating financial stability. However, the company’s assets are not being leveraged for growth or profitability.70
Positive
Cash Flow
The company has shown improvement in operating cash flow, turning positive in the most recent year. However, free cash flow has been volatile, reflecting fluctuations in operational performance. The free cash flow to net income ratio is not consistent, showing instability in cash generation relative to reported earnings.50
Neutral
| Breakdown | TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 340.00K | 0.00 | -3.23M | -2.21M | -3.54M | -14.72M |
| Net Income | -37.00K | -66.00K | -3.23M | -3.00M | -3.51M | -12.52M |
Balance Sheet | ||||||
| Total Assets | 100.87M | 101.02M | 99.64M | 102.30M | 185.65M | 188.15M |
| Cash, Cash Equivalents and Short-Term Investments | 100.12M | 96.30M | 95.65M | 98.73M | 182.70M | 185.53M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 13.94M | 14.15M | 12.71M | 12.15M | 11.76M | 10.75M |
| Stockholders Equity | 86.93M | 86.86M | 86.93M | 90.16M | 173.89M | 177.40M |
Cash Flow | ||||||
| Free Cash Flow | -366.00K | 657.00K | -3.09M | -3.23M | -2.86M | 1.06M |
| Operating Cash Flow | 12.00K | 664.00K | -3.09M | -3.23M | -2.86M | 1.06M |
| Investing Cash Flow | -378.00K | -7.00K | 0.00 | 0.00 | 29.00K | 325.41M |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | -80.73M | 0.00 | -413.76M |
Plastec Technologies Risk Analysis
Plastec Technologies disclosed 29 risk factors in its most recent earnings report. Plastec Technologies reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
We could be delisted or trading in our securities could be restricted if we do not have auditors that can timely meet the PCAOB inspection requirements established by the Holding Foreign Companies Accountable Act. Q4, 2022
2.
Investors may have difficulty enforcing judgments against members of our management because they reside outside the United States, including in Hong Kong. Q4, 2022
3.
The market price for Plastec Technologies' shares may be volatile. Q4, 2022
Plastec Technologies Peers Comparison
Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | 6.56B | 14.88 | 19.69% | ― | -1.01% | 50.58% | |
71 Outperform | 744.94M | 14.15 | 31.93% | 8.92% | -7.24% | -7.30% | |
68 Neutral | 184.07M | 20.04 | 6.10% | ― | -15.64% | -43.49% | |
68 Neutral | 619.13M | 62.74 | 3.49% | 3.26% | 1.11% | -74.94% | |
45 Neutral | $284.64K | ― | -14.21% | 1750.00% | ― | -22625.00% | |
41 Neutral | 92.04M | -0.23 | -14.81% | 1.56% | -7.97% | 13.42% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
Performance Comparison
PLTYF
Plastec Technologies
0.02
0.00
0.00%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.