Plastec Technologies (PLTYF) AI Stock Analysis

• Market Cap: $284.64K
• Dividend Yield: 1750%
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.09
• Revenue Growth: N/A
• EPS Growth: -11114.29%
• Country: US
• Employees: 4
• Sector: Financial
• Sector Strength: 71
• Industry: Shell Companies
• EPS (TTM): -0.08
• Shares Outstanding: 12,938,128
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• 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: -18.98
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: -15.89
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• 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 Business Overview & Revenue Model

Company Description

Plastec Technologies, Ltd. does not have significant business operations. Previously, it offered precision plastic manufacturing services, including mold design and fabrication, and plastic injection. The company was founded in 1993 and is based in Kwun Tong, Hong Kong.

How the Company Makes Money

Plastec 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.

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.

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.

Breakdown	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	0.00	-3.23M	-2.21M	-3.54M	-14.72M
Net Income	-66.00K	-3.23M	-3.00M	-3.51M	-12.52M
Balance Sheet
Total Assets	101.02M	99.64M	102.30M	185.65M	188.15M
Cash, Cash Equivalents and Short-Term Investments	96.30M	95.65M	98.73M	182.70M	185.53M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	14.15M	12.71M	12.15M	11.76M	10.75M
Stockholders Equity	86.86M	86.93M	90.16M	173.89M	177.40M
Cash Flow
Free Cash Flow	657.00K	-3.09M	-3.23M	-2.86M	1.06M
Operating Cash Flow	664.00K	-3.09M	-3.23M	-2.86M	1.06M
Investing Cash Flow	-7.00K	0.00	0.00	29.00K	325.41M
Financing Cash Flow	0.00	0.00	-80.73M	0.00	-413.76M

Plastec Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MTAL	74 Outperform	$997.07M	―	-53.93%	―	―	―
Sector *	67 Neutral	$17.22B	11.28	10.45%	3.94%	10.30%	1.07%
BSLK	51 Neutral	$4.66M	4.41	199.77%	―	―	―
PLTYF	45 Neutral	$284.64K	―	-12.14%	1750.00%	―	-11114.29%