View ValuationQ Technology (Group) 향후 성장Future 기준 점검 1/6Q Technology (Group) 의 수익은 연간 4.6% 감소할 것으로 예상되는 반면, 연간 수익은 8.7% 로 증가할 것으로 예상됩니다. EPS는 연간 4.8% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 15.3% 로 예상됩니다.핵심 정보-4.6%이익 성장률-4.77%EPS 성장률Electronic 이익 성장20.7%매출 성장률8.7%향후 자기자본이익률15.35%애널리스트 커버리지Good마지막 업데이트14 Apr 2026최근 향후 성장 업데이트Major Estimate Revision • Jan 15Consensus EPS estimates increase by 101%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥19.6b to CN¥19.9b. EPS estimate increased from CN¥0.62 to CN¥1.25 per share. Net income forecast to grow 146% next year vs 25% growth forecast for Electronic industry in Hong Kong. Consensus price target down from HK$12.91 to HK$12.36. Share price rose 7.0% to HK$9.66 over the past week.공시 • Jan 14Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2025Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2025. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2025 (the "Year"), it is expected that the consolidated profit of the Group for the Year increased by approximately 400% to 450% as compared to the consolidated profit of the Group of approximately RMB 279,068,000 for the year ended 31 December 2024 (the "Corresponding Period"). The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) the Group remains unwavering in advancing the Strategic Plan for the Five-Year (2021-2025) Operation and Development of Q Technology (Group) Company Limited 2021-2025 and accelerating the business development of intelligent vision products in non-handset fields. During the Year, the rapid growth of the global intelligent driving and Internet of Things (IoT) smart terminal industries has driven significant increases in both the demand volume and product specifications for camera modules. The Group maintains strong collaborative relationships with globally leading intelligent driving solution providers, handheld imaging device brands, and other leading IoT smart terminal brands, which has enabled the Group to achieve a year-on-year doubling in sales volume of camera modules applied in other fields, thereby contributing to steady year-on-year growth in the Group's revenue; (ii) the Group continues to adhere to a business strategy focused on mid-to-high-end camera modules and fingerprint recognition modules. Sales volumes of periscope camera modules, optical image stabilization camera modules, and ultrasonic fingerprint recognition modules recorded substantial year-on-year growth. The expansion in scale of high-end products has effectively enhanced the added value of the Group's products. Meanwhile, the Group vigorously promotes intelligent transformation and digital upgrading initiatives, achieving significant progress in operational efficiency, development capabilities, quality assurance, and delivery performance compared to the Corresponding Period. The steady growth in revenue, improvement in the product mix, and effective optimization of internal operations collectively contributed to a notable enhancement in the Group's gross profit margin; and (iii) during the Year, the Group completed disposal of approximately 51.08% equity interest in Kunshan Q Tech Microelectronic (India) Private Limited, a subsidiary of the Company (the "Transaction"), from which the Group recorded a gain. Meanwhile, the operating performance of an associate of the Group improved compared to the Corresponding Period, resulting in a share of profits from associates attributable to the Company, whereas a share of losses from associates was recorded in the Corresponding Period.Major Estimate Revision • Aug 18Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥18.4b to CN¥19.4b. EPS estimate increased from CN¥0.498 to CN¥0.623 per share. Net income forecast to grow 65% next year vs 33% growth forecast for Electronic industry in Hong Kong. Consensus price target up from HK$9.86 to HK$12.99. Share price rose 17% to HK$15.27 over the past week.Major Estimate Revision • Jul 11Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥18.3b to CN¥18.6b. EPS estimate increased from CN¥0.467 to CN¥0.524 per share. Net income forecast to grow 123% next year vs 32% growth forecast for Electronic industry in Hong Kong. Consensus price target of HK$9.20 unchanged from last update. Share price rose 23% to HK$10.54 over the past week.공시 • Jul 11Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2025Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2025. For the period, the company expects that the consolidated profit of the Group for the Period increased by approximately 150% to 180% as compared to the consolidated profit of the Group of approximately RMB 115,232,000 for the six months ended 30 June 2024. The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) during the Period, global smartphone sales remained stable. However, the specifications of camera modules used in smartphones continued to improve. The Group has continued to adhere to its strategy of focusing on mid-to-high-end camera modules and accelerating the development of camera modules for automotive and Internet of Things (IoT) applications. As a result, the sales proportion of mid-to-high-end camera modules continued to increase, with the sales volume of camera modules for automotive and IoT applications growing by approximately 47.9% year-on-year, which has led to a steady year-on-year growth in the Group's revenue during the Period. In addition, the increased proportion of high-end products has contributed to improving the Group's capacity utilization and product added value, thereby further enhancing the gross margin; (ii) during the Period, the sales volume of the Group's fingerprint recognition module products increased by approximately 59.7% compared to that in the Corresponding Period, among which, the combined proportion of optical under-glass fingerprint recognition modules and ultrasonic fingerprint recognition modules reached approximately 66.9%. The dual improvements in sales volume and product mix had led to a significant increase in the revenue of fingerprint recognition module products, with a corresponding improvement in the gross profit margin; and (iii) during the Period, the operating performance of one of the associates of the Company, Newmax Technology Co. Ltd., has improved.분석 기사 • Aug 16Results: Q Technology (Group) Company Limited Beat Earnings Expectations And Analysts Now Have New ForecastsQ Technology (Group) Company Limited ( HKG:1478 ) just released its half-year report and things are looking bullish. It...모든 업데이트 보기Recent updates속보 • May 09Q Technology Reports 32% Growth in April Camera and LiDAR Shipments on Overseas DemandQ Technology reported a 32.3% year-on-year rise in April 2026 sales of camera modules and LiDAR units, supported by overseas demand and growth in IoT and smart vehicle uses. Biometric module volumes increased month on month, while Q Tech India recorded year-on-year sales growth despite short-term volatility. The group’s shipment base broadened across mobile phone camera modules, biometric modules and camera/LiDAR products in other application fields. For you as an investor, the update points to expanding end-market exposure beyond traditional smartphones, with IoT devices, smart vehicles and other fields contributing to volume. The 32.3% year-on-year rise in April camera and LiDAR sales, together with higher biometric module volumes, indicates that different product lines and regions are contributing to overall shipment growth rather than reliance on a single segment. The reference to Q Tech India’s year-on-year sales growth, even alongside near-term volatility, underlines the role of regional diversification in the group’s business mix. When you assess Q Technology, it can be useful to look at how this broader volume base across products and geographies might relate to revenue stability, customer concentration and the company’s ability to adapt to changes in demand in any one category.Buy Or Sell Opportunity • Mar 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to HK$7.48. The fair value is estimated to be HK$9.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 97%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are forecast to decline by 4.9% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$7.74, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Hong Kong. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$9.50 per share.Declared Dividend • Mar 18Final dividend of HK$0.40 announcedShareholders will receive a dividend of HK$0.40. Ex-date: 4th June 2026 Payment date: 25th June 2026 Dividend yield will be 6.4%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.New Risk • Mar 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Mar 17Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CN¥1.26 (up from CN¥0.24 in FY 2024). Revenue: CN¥20.9b (up 29% from FY 2024). Net income: CN¥1.49b (up 435% from FY 2024). Profit margin: 7.2% (up from 1.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.1%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.공시 • Mar 16Q Technology (Group) Company Limited, Annual General Meeting, May 22, 2026Q Technology (Group) Company Limited, Annual General Meeting, May 22, 2026.공시 • Mar 02Q Technology (Group) Company Limited to Report Fiscal Year 2025 Results on Mar 16, 2026Q Technology (Group) Company Limited announced that they will report fiscal year 2025 results on Mar 16, 2026분석 기사 • Feb 06We Ran A Stock Scan For Earnings Growth And Q Technology (Group) (HKG:1478) Passed With EaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Major Estimate Revision • Jan 15Consensus EPS estimates increase by 101%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥19.6b to CN¥19.9b. EPS estimate increased from CN¥0.62 to CN¥1.25 per share. Net income forecast to grow 146% next year vs 25% growth forecast for Electronic industry in Hong Kong. Consensus price target down from HK$12.91 to HK$12.36. Share price rose 7.0% to HK$9.66 over the past week.공시 • Jan 14Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2025Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2025. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2025 (the "Year"), it is expected that the consolidated profit of the Group for the Year increased by approximately 400% to 450% as compared to the consolidated profit of the Group of approximately RMB 279,068,000 for the year ended 31 December 2024 (the "Corresponding Period"). The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) the Group remains unwavering in advancing the Strategic Plan for the Five-Year (2021-2025) Operation and Development of Q Technology (Group) Company Limited 2021-2025 and accelerating the business development of intelligent vision products in non-handset fields. During the Year, the rapid growth of the global intelligent driving and Internet of Things (IoT) smart terminal industries has driven significant increases in both the demand volume and product specifications for camera modules. The Group maintains strong collaborative relationships with globally leading intelligent driving solution providers, handheld imaging device brands, and other leading IoT smart terminal brands, which has enabled the Group to achieve a year-on-year doubling in sales volume of camera modules applied in other fields, thereby contributing to steady year-on-year growth in the Group's revenue; (ii) the Group continues to adhere to a business strategy focused on mid-to-high-end camera modules and fingerprint recognition modules. Sales volumes of periscope camera modules, optical image stabilization camera modules, and ultrasonic fingerprint recognition modules recorded substantial year-on-year growth. The expansion in scale of high-end products has effectively enhanced the added value of the Group's products. Meanwhile, the Group vigorously promotes intelligent transformation and digital upgrading initiatives, achieving significant progress in operational efficiency, development capabilities, quality assurance, and delivery performance compared to the Corresponding Period. The steady growth in revenue, improvement in the product mix, and effective optimization of internal operations collectively contributed to a notable enhancement in the Group's gross profit margin; and (iii) during the Year, the Group completed disposal of approximately 51.08% equity interest in Kunshan Q Tech Microelectronic (India) Private Limited, a subsidiary of the Company (the "Transaction"), from which the Group recorded a gain. Meanwhile, the operating performance of an associate of the Group improved compared to the Corresponding Period, resulting in a share of profits from associates attributable to the Company, whereas a share of losses from associates was recorded in the Corresponding Period.분석 기사 • Dec 22Q Technology (Group) (HKG:1478) Might Be Having Difficulty Using Its Capital EffectivelyTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...분석 기사 • Dec 09We Think Q Technology (Group) (HKG:1478) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...분석 기사 • Nov 24At HK$9.04, Is Q Technology (Group) Company Limited (HKG:1478) Worth Looking At Closely?Q Technology (Group) Company Limited ( HKG:1478 ), is not the largest company out there, but it saw significant share...Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$9.76, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Hong Kong. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$14.28 per share.Buy Or Sell Opportunity • Nov 10Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to HK$11.30. The fair value is estimated to be HK$14.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.New Risk • Nov 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.분석 기사 • Nov 05Q Technology (Group) Company Limited's (HKG:1478) Stock Retreats 25% But Earnings Haven't Escaped The Attention Of InvestorsQ Technology (Group) Company Limited ( HKG:1478 ) shares have had a horrible month, losing 25% after a relatively good...Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$12.29, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Electronic industry in Hong Kong. Total returns to shareholders of 225% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$14.63 per share.분석 기사 • Oct 30Here's Why Q Technology (Group) (HKG:1478) Has Caught The Eye Of InvestorsIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Upcoming Dividend • Sep 26Upcoming dividend of HK$0.15 per shareEligible shareholders must have bought the stock before 03 October 2025. Payment date: 24 October 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Hong Kong dividend payers (6.8%). Lower than average of industry peers (2.9%).Board Change • Sep 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Hiu Ching Hui was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.분석 기사 • Sep 11Q Technology (Group)'s (HKG:1478) Strong Earnings Are Of Good QualityThe subdued stock price reaction suggests that Q Technology (Group) Company Limited's ( HKG:1478 ) strong earnings...분석 기사 • Sep 01Q Technology (Group) (HKG:1478) Seems To Use Debt Rather SparinglySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Major Estimate Revision • Aug 18Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥18.4b to CN¥19.4b. EPS estimate increased from CN¥0.498 to CN¥0.623 per share. Net income forecast to grow 65% next year vs 33% growth forecast for Electronic industry in Hong Kong. Consensus price target up from HK$9.86 to HK$12.99. Share price rose 17% to HK$15.27 over the past week.분석 기사 • Aug 18Investors Appear Satisfied With Q Technology (Group) Company Limited's (HKG:1478) Prospects As Shares Rocket 34%SEHK:1478 1 Year Share Price vs Fair Value Explore Q Technology (Group)'s Fair Values from the Community and select...Reported Earnings • Aug 14First half 2025 earnings: EPS and revenues exceed analyst expectationsFirst half 2025 results: EPS: CN¥0.26 (up from CN¥0.097 in 1H 2024). Revenue: CN¥8.83b (up 15% from 1H 2024). Net income: CN¥308.4m (up 168% from 1H 2024). Profit margin: 3.5% (up from 1.5% in 1H 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 3.4%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Aug 01What Does Q Technology (Group) Company Limited's (HKG:1478) Share Price Indicate?Q Technology (Group) Company Limited ( HKG:1478 ), might not be a large cap stock, but it saw a significant share price...공시 • Jul 24Q Technology (Group) Company Limited to Report Q2, 2025 Results on Aug 11, 2025Q Technology (Group) Company Limited announced that they will report Q2, 2025 results on Aug 11, 2025Major Estimate Revision • Jul 11Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥18.3b to CN¥18.6b. EPS estimate increased from CN¥0.467 to CN¥0.524 per share. Net income forecast to grow 123% next year vs 32% growth forecast for Electronic industry in Hong Kong. Consensus price target of HK$9.20 unchanged from last update. Share price rose 23% to HK$10.54 over the past week.공시 • Jul 11Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2025Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2025. For the period, the company expects that the consolidated profit of the Group for the Period increased by approximately 150% to 180% as compared to the consolidated profit of the Group of approximately RMB 115,232,000 for the six months ended 30 June 2024. The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) during the Period, global smartphone sales remained stable. However, the specifications of camera modules used in smartphones continued to improve. The Group has continued to adhere to its strategy of focusing on mid-to-high-end camera modules and accelerating the development of camera modules for automotive and Internet of Things (IoT) applications. As a result, the sales proportion of mid-to-high-end camera modules continued to increase, with the sales volume of camera modules for automotive and IoT applications growing by approximately 47.9% year-on-year, which has led to a steady year-on-year growth in the Group's revenue during the Period. In addition, the increased proportion of high-end products has contributed to improving the Group's capacity utilization and product added value, thereby further enhancing the gross margin; (ii) during the Period, the sales volume of the Group's fingerprint recognition module products increased by approximately 59.7% compared to that in the Corresponding Period, among which, the combined proportion of optical under-glass fingerprint recognition modules and ultrasonic fingerprint recognition modules reached approximately 66.9%. The dual improvements in sales volume and product mix had led to a significant increase in the revenue of fingerprint recognition module products, with a corresponding improvement in the gross profit margin; and (iii) during the Period, the operating performance of one of the associates of the Company, Newmax Technology Co. Ltd., has improved.Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 22%After last week's 22% share price gain to HK$10.12, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 9x in the Electronic industry in Hong Kong. Total returns to shareholders of 118% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$6.28 per share.분석 기사 • Jul 03After Leaping 33% Q Technology (Group) Company Limited (HKG:1478) Shares Are Not Flying Under The RadarQ Technology (Group) Company Limited ( HKG:1478 ) shareholders would be excited to see that the share price has had a...공시 • Jun 23Q Technology (Group) Company Limited Appoints Hui Hiu Ching as Member of the Nomination Committee, Effective July 1, 2025The board of directors of Q Technology (Group) Company Limited announced that, for the purpose of complying with the revised Corporate Governance Code as set out in Appendix C1 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to be effective from 1 July 2025, Ms. Hui Hiu Ching ("Ms. Hui"), an independent non-executive director of the Company ("INED"), has been appointed as a member of the nomination committee of the Company (the "Nomination Committee") with effect from 20 June 2025. Ms. Hui currently serves as an INED, the chairlady of the audit committee of the Company, and a member of the remuneration committee and the risk management committee of the Company respectively. The Board believes that her extensive experience, expertise, professionalism and global perspective will make valuable contributions to the diversity of the Board.Buy Or Sell Opportunity • Jun 12Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at HK$7.50. The fair value is estimated to be HK$6.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 61%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.분석 기사 • May 29These 4 Measures Indicate That Q Technology (Group) (HKG:1478) Is Using Debt SafelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • May 23Q Technology (Group) Company Limited Approves Final Dividend for the Year Ended 31 December 2024Q Technology (Group) Company Limited approved the payment of a final dividend of 10.0 Hong Kong cents (equivalent to approximately 9.3 RMB cents) per share of the Company for the year ended 31 December 2024, at its AGM held on 23 May 2025.Upcoming Dividend • May 23Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 30 May 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Hong Kong dividend payers (7.7%). Lower than average of industry peers (3.6%).Reported Earnings • Apr 25Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.24 (up from CN¥0.069 in FY 2023). Revenue: CN¥16.2b (up 29% from FY 2023). Net income: CN¥279.1m (up 241% from FY 2023). Profit margin: 1.7% (up from 0.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.분석 기사 • Apr 17Q Technology (Group) Company Limited's (HKG:1478) 32% Cheaper Price Remains In Tune With EarningsQ Technology (Group) Company Limited ( HKG:1478 ) shareholders won't be pleased to see that the share price has had a...New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to HK$5.78, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Electronic industry in Hong Kong. Total returns to shareholders of 4.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$8.20 per share.분석 기사 • Apr 04Estimating The Fair Value Of Q Technology (Group) Company Limited (HKG:1478)Key Insights The projected fair value for Q Technology (Group) is HK$7.97 based on 2 Stage Free Cash Flow to Equity...Reported Earnings • Mar 18Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.24 (up from CN¥0.069 in FY 2023). Revenue: CN¥16.2b (up 29% from FY 2023). Net income: CN¥279.1m (up 241% from FY 2023). Profit margin: 1.7% (up from 0.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.공시 • Mar 17Q Technology (Group) Company Limited, Annual General Meeting, May 23, 2025Q Technology (Group) Company Limited, Annual General Meeting, May 23, 2025.공시 • Feb 28Q Technology (Group) Company Limited to Report Fiscal Year 2024 Results on Mar 17, 2025Q Technology (Group) Company Limited announced that they will report fiscal year 2024 results on Mar 17, 2025분석 기사 • Feb 05Optimistic Investors Push Q Technology (Group) Company Limited (HKG:1478) Shares Up 28% But Growth Is LackingQ Technology (Group) Company Limited ( HKG:1478 ) shares have continued their recent momentum with a 28% gain in the...Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 23%After last week's 23% share price gain to HK$6.55, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Electronic industry in Hong Kong. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$10.89 per share.분석 기사 • Jan 06Should You Investigate Q Technology (Group) Company Limited (HKG:1478) At HK$6.19?Q Technology (Group) Company Limited ( HKG:1478 ), might not be a large cap stock, but it received a lot of attention...분석 기사 • Dec 16Q Technology (Group) (HKG:1478) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Dec 02There's Reason For Concern Over Q Technology (Group) Company Limited's (HKG:1478) Massive 29% Price JumpQ Technology (Group) Company Limited ( HKG:1478 ) shareholders have had their patience rewarded with a 29% share price...Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to HK$5.95, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 9x in the Electronic industry in Hong Kong. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$10.73 per share.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to HK$5.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Hong Kong. Total loss to shareholders of 55% over the past three years.분석 기사 • Oct 07What Q Technology (Group) Company Limited's (HKG:1478) 36% Share Price Gain Is Not Telling YouQ Technology (Group) Company Limited ( HKG:1478 ) shares have continued their recent momentum with a 36% gain in the...분석 기사 • Oct 04An Intrinsic Calculation For Q Technology (Group) Company Limited (HKG:1478) Suggests It's 48% UndervaluedKey Insights The projected fair value for Q Technology (Group) is HK$11.13 based on 2 Stage Free Cash Flow to Equity Q...Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$5.23, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Electronic industry in Hong Kong. Total loss to shareholders of 53% over the past three years.분석 기사 • Sep 12Q Technology (Group)'s (HKG:1478) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Q Technology (Group) Company Limited's ( HKG:1478 ) stock hasn't...Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to HK$4.89, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Electronic industry in Hong Kong. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$8.81 per share.분석 기사 • Aug 16Results: Q Technology (Group) Company Limited Beat Earnings Expectations And Analysts Now Have New ForecastsQ Technology (Group) Company Limited ( HKG:1478 ) just released its half-year report and things are looking bullish. It...Reported Earnings • Aug 14First half 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.018 in 1H 2023)First half 2024 results: EPS: CN¥0.097 (up from CN¥0.018 in 1H 2023). Revenue: CN¥7.68b (up 40% from 1H 2023). Net income: CN¥115.2m (up 454% from 1H 2023). Profit margin: 1.5% (up from 0.4% in 1H 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.공시 • Jul 26Q Technology (Group) Company Limited to Report First Half, 2024 Results on Aug 12, 2024Q Technology (Group) Company Limited announced that they will report first half, 2024 results on Aug 12, 2024Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 24%After last week's 24% share price gain to HK$4.99, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Electronic industry in Hong Kong. Total loss to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$7.42 per share.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to HK$4.20, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Electronic industry in Hong Kong. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$6.86 per share.분석 기사 • May 13Investors Could Be Concerned With Q Technology (Group)'s (HKG:1478) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Major Estimate Revision • Apr 01Consensus EPS estimates fall by 13%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥13.2b to CN¥13.9b. EPS estimate fell from CN¥0.274 to CN¥0.239 per share. Net income forecast to grow 246% next year vs 41% growth forecast for Electronic industry in Hong Kong. Consensus price target down from HK$3.98 to HK$3.84. Share price was steady at HK$3.02 over the past week.공시 • Mar 26Q Technology (Group) Company Limited, Annual General Meeting, May 24, 2024Q Technology (Group) Company Limited, Annual General Meeting, May 24, 2024.Reported Earnings • Mar 26Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.069 (down from CN¥0.14 in FY 2022). Revenue: CN¥12.5b (down 8.9% from FY 2022). Net income: CN¥81.9m (down 52% from FY 2022). Profit margin: 0.7% (down from 1.2% in FY 2022). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.공시 • Mar 02Q Technology (Group) Company Limited to Report Fiscal Year 2023 Results on Mar 25, 2024Q Technology (Group) Company Limited announced that they will report fiscal year 2023 results on Mar 25, 2024Major Estimate Revision • Feb 09Consensus EPS estimates fall by 23%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.167 to CN¥0.129 per share. Revenue forecast steady at CN¥12.4b. Net income forecast to grow 873% next year vs 27% growth forecast for Electronic industry in Hong Kong. Consensus price target broadly unchanged at HK$4.14. Share price rose 17% to HK$3.07 over the past week.분석 기사 • Jan 26Is Now The Time To Look At Buying Q Technology (Group) Company Limited (HKG:1478)?Q Technology (Group) Company Limited ( HKG:1478 ), is not the largest company out there, but it saw significant share...공시 • Jan 24Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2023Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. The board of directors of the Company to inform the shareholders of the Company (the "Shareholders") and potential investors that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2023 (the "Year"), it is expected that the consolidated profit of the Group attributable to the Shareholders for the Year decreased by approximately 35% to 45% as compared to the consolidated profit of the Group attributable to the Shareholders for the year ended 31 December 2022 (the "Corresponding Year").공시 • Jan 20Q Technology (Group) Company Limited (SEHK:1478) acquired 5% stake in Careium AB (Publ) (OM:CARE) from Accendo Capital for for SEK 32.2 million.Q Technology (Group) Company Limited (SEHK:1478) acquired 5% stake in Careium AB (Publ) (OM:CARE) from Accendo Capital for SEK 32.2 million on January 15, 2023. Q Technology acquired 5% stake for SEK 26.5 per share. Q Technology (Group) Company Limited (SEHK:1478) completed the acquisition of 5% stake in Careium AB (Publ) (OM:CARE) from Accendo Capital on January 15, 2023.분석 기사 • Jan 04Q Technology (Group) Company Limited's (HKG:1478) Business Is Yet to Catch Up With Its Share PriceWith a median price-to-sales (or "P/S") ratio of close to 0.4x in the Electronic industry in Hong Kong, you could be...Board Change • Jan 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Executive Director, Authorized Representative & Chief Legal Director Fuqiang Fan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.분석 기사 • Dec 05Are Q Technology (Group) Company Limited (HKG:1478) Investors Paying Above The Intrinsic Value?Key Insights Using the 2 Stage Free Cash Flow to Equity, Q Technology (Group) fair value estimate is HK$3.48 Q...New Risk • Oct 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).분석 기사 • Sep 14Q Technology (Group) (HKG:1478) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Major Estimate Revision • Aug 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥13.4b to CN¥12.7b. EPS estimate also fell from CN¥0.255 per share to CN¥0.199 per share. Net income forecast to grow 1,152% next year vs 17% growth forecast for Electronic industry in Hong Kong. Consensus price target down from HK$4.51 to HK$4.15. Share price fell 6.9% to HK$3.09 over the past week.Reported Earnings • Aug 08First half 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.14 in 1H 2022)First half 2023 results: EPS: CN¥0.018 (down from CN¥0.14 in 1H 2022). Revenue: CN¥5.48b (down 23% from 1H 2022). Net income: CN¥20.8m (down 88% from 1H 2022). Profit margin: 0.4% (down from 2.3% in 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jul 20Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥14.0b to CN¥13.4b. EPS estimate also fell from CN¥0.325 per share to CN¥0.255 per share. Net income forecast to grow 76% next year vs 57% growth forecast for Consumer Durables industry in Hong Kong. Consensus price target down from HK$4.67 to HK$4.51. Share price fell 3.1% to HK$3.14 over the past week.공시 • Jul 18Q Technology (Group) Company Limited to Report First Half, 2023 Results on Aug 07, 2023Q Technology (Group) Company Limited announced that they will report first half, 2023 results on Aug 07, 2023분석 기사 • Jun 23Capital Allocation Trends At Q Technology (Group) (HKG:1478) Aren't IdealTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...분석 기사 • Mar 14Q Technology (Group) Company Limited (HKG:1478) Analysts Are More Bearish Than They Used To BeThe analysts covering Q Technology (Group) Company Limited ( HKG:1478 ) delivered a dose of negativity to shareholders...Reported Earnings • Mar 14Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.14 (down from CN¥0.73 in FY 2021). Revenue: CN¥13.8b (down 26% from FY 2021). Net income: CN¥171.2m (down 80% from FY 2021). Profit margin: 1.2% (down from 4.6% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Durables industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 22% per year.분석 기사 • Jan 27Is There An Opportunity With Q Technology (Group) Company Limited's (HKG:1478) 44% Undervaluation?Key Insights Q Technology (Group)'s estimated fair value is CN¥9.9 based on 2 Stage Free Cash Flow to Equity Current...공시 • Jan 20Q Technology (Group) Company Limited Provides Earnings Guidance for the Year Ended 31 December 2022Q Technology (Group) Company Limited provided earnings guidance for the year ended 31 December 2022. Based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2022, which have not been reviewed or audited by the independent auditors and/or the audit committee of the Company,it is expected that the consolidated profit of the Group attributable to the Shareholders for the year ended 31 December 2022 (the "Year") may decrease by approximately 70% to 80% as compared to the consolidated profit of the Group attributable to the Shareholders of approximatelyRMB 862,976,000 for the year ended 31 December 2021.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 22% share price gain to HK$5.12, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Consumer Durables industry in Hong Kong. Total loss to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$9.41 per share.분석 기사 • Jan 06Is Q Technology (Group) Company Limited (HKG:1478) Potentially Undervalued?While Q Technology (Group) Company Limited ( HKG:1478 ) might not be the most widely known stock at the moment, it saw...Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improved over the past weekAfter last week's 21% share price gain to HK$4.58, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Consumer Durables industry in Hong Kong. Total loss to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$2.26 per share.공시 • Nov 18Q Technology (Group) Company Limited HKD Ordinary Shares (Cayman Islands) to Be Deleted from OTC EquityQ Technology (Group) Company Limited HKD Ordinary Shares (Cayman Islands) will be deleted from OTC Equity effective from November 18, 2022, due to Inactive Security.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improved over the past weekAfter last week's 22% share price gain to HK$3.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Consumer Durables industry in Hong Kong. Total loss to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$2.22 per share.분석 기사 • Oct 27Estimating The Fair Value Of Q Technology (Group) Company Limited (HKG:1478)How far off is Q Technology (Group) Company Limited ( HKG:1478 ) from its intrinsic value? Using the most recent...분석 기사 • Sep 23What Does Q Technology (Group) Company Limited's (HKG:1478) Share Price Indicate?While Q Technology (Group) Company Limited ( HKG:1478 ) might not be the most widely known stock at the moment, it...Recent Insider Transactions • Sep 22Executive Chairman of the Board recently bought HK$405k worth of stockOn the 15th of September, Ningning He bought around 100k shares on-market at roughly HK$4.05 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$508k. Ningning has been a buyer over the last 12 months, purchasing a net total of HK$913k worth in shares.분석 기사 • Aug 17Is Q Technology (Group) (HKG:1478) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 21% share price gain to HK$5.13, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Consumer Durables industry in Hong Kong. Total loss to shareholders of 33% over the past three years.Major Estimate Revision • Aug 15Consensus revenue estimates fall by 14%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥17.7b to CN¥15.3b. EPS estimate fell from CN¥0.58 to CN¥0.31 per share. Net income forecast to grow 8.6% next year vs 13% growth forecast for Consumer Durables industry in Hong Kong. Consensus price target down from HK$6.65 to HK$5.40. Share price rose 9.8% to HK$4.83 over the past week.Reported Earnings • Aug 09First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down CN¥570.7m from profit in 1H 2021). Profit margin: (down from 6.1% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.이익 및 매출 성장 예측SEHK:1478 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202827,5971,1068101,307812/31/202724,9461,0049161,5731312/31/202622,4688884301,2351312/31/202520,8771,4942,1462,146N/A9/30/202519,0929831,7841,784N/A6/30/202517,3084721,4211,421N/A3/31/202516,7303761,1931,193N/A12/31/202416,151279965965N/A9/30/202415,440228684684N/A6/30/202414,729176402402N/A3/31/202413,6301291212N/A12/31/202312,53182-379-379N/A9/30/202312,336549090N/A6/30/202312,14126558558N/A3/31/202312,95098803803N/A12/31/202213,7591711,0481,048N/A9/30/202215,0903151,7511,627N/A6/30/202216,4224582,4532,206N/A3/31/202217,5426612,0251,901N/A12/31/202118,6638631,5961,596N/A9/30/202118,2989692,2072,166N/A6/30/202117,9341,0752,8172,735N/A3/31/202117,6679583,2103,170N/A12/31/202017,4008403,6043,604N/A9/30/202017,1567692,8012,854N/A6/30/202016,9116971,9982,104N/A3/31/202015,0406202,1972,252N/A12/31/201913,1705422,3962,400N/A9/30/201911,580394N/A1,730N/A6/30/20199,989247N/A1,060N/A3/31/20199,062130N/A444N/A12/31/20188,13514N/A-173N/A9/30/20187,83899N/A272N/A6/30/20187,541183N/A717N/A3/31/20187,740310N/A1,469N/A12/31/20177,939436N/A2,222N/A9/30/20177,404373N/A1,736N/A6/30/20176,869310N/A1,250N/A3/31/20175,930251N/A606N/A12/31/20164,991191N/A-39N/A9/30/20164,026156N/A0N/A6/30/20163,061121N/A39N/A3/31/20162,632112N/A182N/A12/31/20152,202102N/A324N/A9/30/20152,134136N/A420N/A6/30/20152,065170N/A516N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 1478 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -4.6%).수익 vs 시장: 1478 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -4.6%).고성장 수익: 1478 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: 1478 의 수익(연간 8.7%)이 Hong Kong 시장(연간 8.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 1478 의 수익(연간 8.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 1478의 자본 수익률은 3년 후 15.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 06:47종가2026/05/20 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Q Technology (Group) Company Limited는 22명의 분석가가 다루고 있습니다. 이 중 13명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Lin SuCCB International Securities LimitedShaodan HuangCGS InternationalXinyi HeChina International Capital Corporation Limited19명의 분석가 더 보기
Major Estimate Revision • Jan 15Consensus EPS estimates increase by 101%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥19.6b to CN¥19.9b. EPS estimate increased from CN¥0.62 to CN¥1.25 per share. Net income forecast to grow 146% next year vs 25% growth forecast for Electronic industry in Hong Kong. Consensus price target down from HK$12.91 to HK$12.36. Share price rose 7.0% to HK$9.66 over the past week.
공시 • Jan 14Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2025Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2025. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2025 (the "Year"), it is expected that the consolidated profit of the Group for the Year increased by approximately 400% to 450% as compared to the consolidated profit of the Group of approximately RMB 279,068,000 for the year ended 31 December 2024 (the "Corresponding Period"). The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) the Group remains unwavering in advancing the Strategic Plan for the Five-Year (2021-2025) Operation and Development of Q Technology (Group) Company Limited 2021-2025 and accelerating the business development of intelligent vision products in non-handset fields. During the Year, the rapid growth of the global intelligent driving and Internet of Things (IoT) smart terminal industries has driven significant increases in both the demand volume and product specifications for camera modules. The Group maintains strong collaborative relationships with globally leading intelligent driving solution providers, handheld imaging device brands, and other leading IoT smart terminal brands, which has enabled the Group to achieve a year-on-year doubling in sales volume of camera modules applied in other fields, thereby contributing to steady year-on-year growth in the Group's revenue; (ii) the Group continues to adhere to a business strategy focused on mid-to-high-end camera modules and fingerprint recognition modules. Sales volumes of periscope camera modules, optical image stabilization camera modules, and ultrasonic fingerprint recognition modules recorded substantial year-on-year growth. The expansion in scale of high-end products has effectively enhanced the added value of the Group's products. Meanwhile, the Group vigorously promotes intelligent transformation and digital upgrading initiatives, achieving significant progress in operational efficiency, development capabilities, quality assurance, and delivery performance compared to the Corresponding Period. The steady growth in revenue, improvement in the product mix, and effective optimization of internal operations collectively contributed to a notable enhancement in the Group's gross profit margin; and (iii) during the Year, the Group completed disposal of approximately 51.08% equity interest in Kunshan Q Tech Microelectronic (India) Private Limited, a subsidiary of the Company (the "Transaction"), from which the Group recorded a gain. Meanwhile, the operating performance of an associate of the Group improved compared to the Corresponding Period, resulting in a share of profits from associates attributable to the Company, whereas a share of losses from associates was recorded in the Corresponding Period.
Major Estimate Revision • Aug 18Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥18.4b to CN¥19.4b. EPS estimate increased from CN¥0.498 to CN¥0.623 per share. Net income forecast to grow 65% next year vs 33% growth forecast for Electronic industry in Hong Kong. Consensus price target up from HK$9.86 to HK$12.99. Share price rose 17% to HK$15.27 over the past week.
Major Estimate Revision • Jul 11Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥18.3b to CN¥18.6b. EPS estimate increased from CN¥0.467 to CN¥0.524 per share. Net income forecast to grow 123% next year vs 32% growth forecast for Electronic industry in Hong Kong. Consensus price target of HK$9.20 unchanged from last update. Share price rose 23% to HK$10.54 over the past week.
공시 • Jul 11Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2025Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2025. For the period, the company expects that the consolidated profit of the Group for the Period increased by approximately 150% to 180% as compared to the consolidated profit of the Group of approximately RMB 115,232,000 for the six months ended 30 June 2024. The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) during the Period, global smartphone sales remained stable. However, the specifications of camera modules used in smartphones continued to improve. The Group has continued to adhere to its strategy of focusing on mid-to-high-end camera modules and accelerating the development of camera modules for automotive and Internet of Things (IoT) applications. As a result, the sales proportion of mid-to-high-end camera modules continued to increase, with the sales volume of camera modules for automotive and IoT applications growing by approximately 47.9% year-on-year, which has led to a steady year-on-year growth in the Group's revenue during the Period. In addition, the increased proportion of high-end products has contributed to improving the Group's capacity utilization and product added value, thereby further enhancing the gross margin; (ii) during the Period, the sales volume of the Group's fingerprint recognition module products increased by approximately 59.7% compared to that in the Corresponding Period, among which, the combined proportion of optical under-glass fingerprint recognition modules and ultrasonic fingerprint recognition modules reached approximately 66.9%. The dual improvements in sales volume and product mix had led to a significant increase in the revenue of fingerprint recognition module products, with a corresponding improvement in the gross profit margin; and (iii) during the Period, the operating performance of one of the associates of the Company, Newmax Technology Co. Ltd., has improved.
분석 기사 • Aug 16Results: Q Technology (Group) Company Limited Beat Earnings Expectations And Analysts Now Have New ForecastsQ Technology (Group) Company Limited ( HKG:1478 ) just released its half-year report and things are looking bullish. It...
속보 • May 09Q Technology Reports 32% Growth in April Camera and LiDAR Shipments on Overseas DemandQ Technology reported a 32.3% year-on-year rise in April 2026 sales of camera modules and LiDAR units, supported by overseas demand and growth in IoT and smart vehicle uses. Biometric module volumes increased month on month, while Q Tech India recorded year-on-year sales growth despite short-term volatility. The group’s shipment base broadened across mobile phone camera modules, biometric modules and camera/LiDAR products in other application fields. For you as an investor, the update points to expanding end-market exposure beyond traditional smartphones, with IoT devices, smart vehicles and other fields contributing to volume. The 32.3% year-on-year rise in April camera and LiDAR sales, together with higher biometric module volumes, indicates that different product lines and regions are contributing to overall shipment growth rather than reliance on a single segment. The reference to Q Tech India’s year-on-year sales growth, even alongside near-term volatility, underlines the role of regional diversification in the group’s business mix. When you assess Q Technology, it can be useful to look at how this broader volume base across products and geographies might relate to revenue stability, customer concentration and the company’s ability to adapt to changes in demand in any one category.
Buy Or Sell Opportunity • Mar 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to HK$7.48. The fair value is estimated to be HK$9.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 97%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are forecast to decline by 4.9% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$7.74, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Hong Kong. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$9.50 per share.
Declared Dividend • Mar 18Final dividend of HK$0.40 announcedShareholders will receive a dividend of HK$0.40. Ex-date: 4th June 2026 Payment date: 25th June 2026 Dividend yield will be 6.4%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.
New Risk • Mar 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Mar 17Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CN¥1.26 (up from CN¥0.24 in FY 2024). Revenue: CN¥20.9b (up 29% from FY 2024). Net income: CN¥1.49b (up 435% from FY 2024). Profit margin: 7.2% (up from 1.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.1%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
공시 • Mar 16Q Technology (Group) Company Limited, Annual General Meeting, May 22, 2026Q Technology (Group) Company Limited, Annual General Meeting, May 22, 2026.
공시 • Mar 02Q Technology (Group) Company Limited to Report Fiscal Year 2025 Results on Mar 16, 2026Q Technology (Group) Company Limited announced that they will report fiscal year 2025 results on Mar 16, 2026
분석 기사 • Feb 06We Ran A Stock Scan For Earnings Growth And Q Technology (Group) (HKG:1478) Passed With EaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Major Estimate Revision • Jan 15Consensus EPS estimates increase by 101%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥19.6b to CN¥19.9b. EPS estimate increased from CN¥0.62 to CN¥1.25 per share. Net income forecast to grow 146% next year vs 25% growth forecast for Electronic industry in Hong Kong. Consensus price target down from HK$12.91 to HK$12.36. Share price rose 7.0% to HK$9.66 over the past week.
공시 • Jan 14Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2025Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2025. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2025 (the "Year"), it is expected that the consolidated profit of the Group for the Year increased by approximately 400% to 450% as compared to the consolidated profit of the Group of approximately RMB 279,068,000 for the year ended 31 December 2024 (the "Corresponding Period"). The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) the Group remains unwavering in advancing the Strategic Plan for the Five-Year (2021-2025) Operation and Development of Q Technology (Group) Company Limited 2021-2025 and accelerating the business development of intelligent vision products in non-handset fields. During the Year, the rapid growth of the global intelligent driving and Internet of Things (IoT) smart terminal industries has driven significant increases in both the demand volume and product specifications for camera modules. The Group maintains strong collaborative relationships with globally leading intelligent driving solution providers, handheld imaging device brands, and other leading IoT smart terminal brands, which has enabled the Group to achieve a year-on-year doubling in sales volume of camera modules applied in other fields, thereby contributing to steady year-on-year growth in the Group's revenue; (ii) the Group continues to adhere to a business strategy focused on mid-to-high-end camera modules and fingerprint recognition modules. Sales volumes of periscope camera modules, optical image stabilization camera modules, and ultrasonic fingerprint recognition modules recorded substantial year-on-year growth. The expansion in scale of high-end products has effectively enhanced the added value of the Group's products. Meanwhile, the Group vigorously promotes intelligent transformation and digital upgrading initiatives, achieving significant progress in operational efficiency, development capabilities, quality assurance, and delivery performance compared to the Corresponding Period. The steady growth in revenue, improvement in the product mix, and effective optimization of internal operations collectively contributed to a notable enhancement in the Group's gross profit margin; and (iii) during the Year, the Group completed disposal of approximately 51.08% equity interest in Kunshan Q Tech Microelectronic (India) Private Limited, a subsidiary of the Company (the "Transaction"), from which the Group recorded a gain. Meanwhile, the operating performance of an associate of the Group improved compared to the Corresponding Period, resulting in a share of profits from associates attributable to the Company, whereas a share of losses from associates was recorded in the Corresponding Period.
분석 기사 • Dec 22Q Technology (Group) (HKG:1478) Might Be Having Difficulty Using Its Capital EffectivelyTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
분석 기사 • Dec 09We Think Q Technology (Group) (HKG:1478) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
분석 기사 • Nov 24At HK$9.04, Is Q Technology (Group) Company Limited (HKG:1478) Worth Looking At Closely?Q Technology (Group) Company Limited ( HKG:1478 ), is not the largest company out there, but it saw significant share...
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$9.76, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Hong Kong. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$14.28 per share.
Buy Or Sell Opportunity • Nov 10Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to HK$11.30. The fair value is estimated to be HK$14.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.
New Risk • Nov 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
분석 기사 • Nov 05Q Technology (Group) Company Limited's (HKG:1478) Stock Retreats 25% But Earnings Haven't Escaped The Attention Of InvestorsQ Technology (Group) Company Limited ( HKG:1478 ) shares have had a horrible month, losing 25% after a relatively good...
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$12.29, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Electronic industry in Hong Kong. Total returns to shareholders of 225% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$14.63 per share.
분석 기사 • Oct 30Here's Why Q Technology (Group) (HKG:1478) Has Caught The Eye Of InvestorsIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Upcoming Dividend • Sep 26Upcoming dividend of HK$0.15 per shareEligible shareholders must have bought the stock before 03 October 2025. Payment date: 24 October 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Hong Kong dividend payers (6.8%). Lower than average of industry peers (2.9%).
Board Change • Sep 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Hiu Ching Hui was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
분석 기사 • Sep 11Q Technology (Group)'s (HKG:1478) Strong Earnings Are Of Good QualityThe subdued stock price reaction suggests that Q Technology (Group) Company Limited's ( HKG:1478 ) strong earnings...
분석 기사 • Sep 01Q Technology (Group) (HKG:1478) Seems To Use Debt Rather SparinglySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Major Estimate Revision • Aug 18Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥18.4b to CN¥19.4b. EPS estimate increased from CN¥0.498 to CN¥0.623 per share. Net income forecast to grow 65% next year vs 33% growth forecast for Electronic industry in Hong Kong. Consensus price target up from HK$9.86 to HK$12.99. Share price rose 17% to HK$15.27 over the past week.
분석 기사 • Aug 18Investors Appear Satisfied With Q Technology (Group) Company Limited's (HKG:1478) Prospects As Shares Rocket 34%SEHK:1478 1 Year Share Price vs Fair Value Explore Q Technology (Group)'s Fair Values from the Community and select...
Reported Earnings • Aug 14First half 2025 earnings: EPS and revenues exceed analyst expectationsFirst half 2025 results: EPS: CN¥0.26 (up from CN¥0.097 in 1H 2024). Revenue: CN¥8.83b (up 15% from 1H 2024). Net income: CN¥308.4m (up 168% from 1H 2024). Profit margin: 3.5% (up from 1.5% in 1H 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 3.4%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Aug 01What Does Q Technology (Group) Company Limited's (HKG:1478) Share Price Indicate?Q Technology (Group) Company Limited ( HKG:1478 ), might not be a large cap stock, but it saw a significant share price...
공시 • Jul 24Q Technology (Group) Company Limited to Report Q2, 2025 Results on Aug 11, 2025Q Technology (Group) Company Limited announced that they will report Q2, 2025 results on Aug 11, 2025
Major Estimate Revision • Jul 11Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥18.3b to CN¥18.6b. EPS estimate increased from CN¥0.467 to CN¥0.524 per share. Net income forecast to grow 123% next year vs 32% growth forecast for Electronic industry in Hong Kong. Consensus price target of HK$9.20 unchanged from last update. Share price rose 23% to HK$10.54 over the past week.
공시 • Jul 11Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2025Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2025. For the period, the company expects that the consolidated profit of the Group for the Period increased by approximately 150% to 180% as compared to the consolidated profit of the Group of approximately RMB 115,232,000 for the six months ended 30 June 2024. The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) during the Period, global smartphone sales remained stable. However, the specifications of camera modules used in smartphones continued to improve. The Group has continued to adhere to its strategy of focusing on mid-to-high-end camera modules and accelerating the development of camera modules for automotive and Internet of Things (IoT) applications. As a result, the sales proportion of mid-to-high-end camera modules continued to increase, with the sales volume of camera modules for automotive and IoT applications growing by approximately 47.9% year-on-year, which has led to a steady year-on-year growth in the Group's revenue during the Period. In addition, the increased proportion of high-end products has contributed to improving the Group's capacity utilization and product added value, thereby further enhancing the gross margin; (ii) during the Period, the sales volume of the Group's fingerprint recognition module products increased by approximately 59.7% compared to that in the Corresponding Period, among which, the combined proportion of optical under-glass fingerprint recognition modules and ultrasonic fingerprint recognition modules reached approximately 66.9%. The dual improvements in sales volume and product mix had led to a significant increase in the revenue of fingerprint recognition module products, with a corresponding improvement in the gross profit margin; and (iii) during the Period, the operating performance of one of the associates of the Company, Newmax Technology Co. Ltd., has improved.
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 22%After last week's 22% share price gain to HK$10.12, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 9x in the Electronic industry in Hong Kong. Total returns to shareholders of 118% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$6.28 per share.
분석 기사 • Jul 03After Leaping 33% Q Technology (Group) Company Limited (HKG:1478) Shares Are Not Flying Under The RadarQ Technology (Group) Company Limited ( HKG:1478 ) shareholders would be excited to see that the share price has had a...
공시 • Jun 23Q Technology (Group) Company Limited Appoints Hui Hiu Ching as Member of the Nomination Committee, Effective July 1, 2025The board of directors of Q Technology (Group) Company Limited announced that, for the purpose of complying with the revised Corporate Governance Code as set out in Appendix C1 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to be effective from 1 July 2025, Ms. Hui Hiu Ching ("Ms. Hui"), an independent non-executive director of the Company ("INED"), has been appointed as a member of the nomination committee of the Company (the "Nomination Committee") with effect from 20 June 2025. Ms. Hui currently serves as an INED, the chairlady of the audit committee of the Company, and a member of the remuneration committee and the risk management committee of the Company respectively. The Board believes that her extensive experience, expertise, professionalism and global perspective will make valuable contributions to the diversity of the Board.
Buy Or Sell Opportunity • Jun 12Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at HK$7.50. The fair value is estimated to be HK$6.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 61%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
분석 기사 • May 29These 4 Measures Indicate That Q Technology (Group) (HKG:1478) Is Using Debt SafelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • May 23Q Technology (Group) Company Limited Approves Final Dividend for the Year Ended 31 December 2024Q Technology (Group) Company Limited approved the payment of a final dividend of 10.0 Hong Kong cents (equivalent to approximately 9.3 RMB cents) per share of the Company for the year ended 31 December 2024, at its AGM held on 23 May 2025.
Upcoming Dividend • May 23Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 30 May 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Hong Kong dividend payers (7.7%). Lower than average of industry peers (3.6%).
Reported Earnings • Apr 25Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.24 (up from CN¥0.069 in FY 2023). Revenue: CN¥16.2b (up 29% from FY 2023). Net income: CN¥279.1m (up 241% from FY 2023). Profit margin: 1.7% (up from 0.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
분석 기사 • Apr 17Q Technology (Group) Company Limited's (HKG:1478) 32% Cheaper Price Remains In Tune With EarningsQ Technology (Group) Company Limited ( HKG:1478 ) shareholders won't be pleased to see that the share price has had a...
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to HK$5.78, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Electronic industry in Hong Kong. Total returns to shareholders of 4.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$8.20 per share.
분석 기사 • Apr 04Estimating The Fair Value Of Q Technology (Group) Company Limited (HKG:1478)Key Insights The projected fair value for Q Technology (Group) is HK$7.97 based on 2 Stage Free Cash Flow to Equity...
Reported Earnings • Mar 18Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.24 (up from CN¥0.069 in FY 2023). Revenue: CN¥16.2b (up 29% from FY 2023). Net income: CN¥279.1m (up 241% from FY 2023). Profit margin: 1.7% (up from 0.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
공시 • Mar 17Q Technology (Group) Company Limited, Annual General Meeting, May 23, 2025Q Technology (Group) Company Limited, Annual General Meeting, May 23, 2025.
공시 • Feb 28Q Technology (Group) Company Limited to Report Fiscal Year 2024 Results on Mar 17, 2025Q Technology (Group) Company Limited announced that they will report fiscal year 2024 results on Mar 17, 2025
분석 기사 • Feb 05Optimistic Investors Push Q Technology (Group) Company Limited (HKG:1478) Shares Up 28% But Growth Is LackingQ Technology (Group) Company Limited ( HKG:1478 ) shares have continued their recent momentum with a 28% gain in the...
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 23%After last week's 23% share price gain to HK$6.55, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Electronic industry in Hong Kong. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$10.89 per share.
분석 기사 • Jan 06Should You Investigate Q Technology (Group) Company Limited (HKG:1478) At HK$6.19?Q Technology (Group) Company Limited ( HKG:1478 ), might not be a large cap stock, but it received a lot of attention...
분석 기사 • Dec 16Q Technology (Group) (HKG:1478) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Dec 02There's Reason For Concern Over Q Technology (Group) Company Limited's (HKG:1478) Massive 29% Price JumpQ Technology (Group) Company Limited ( HKG:1478 ) shareholders have had their patience rewarded with a 29% share price...
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to HK$5.95, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 9x in the Electronic industry in Hong Kong. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$10.73 per share.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to HK$5.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Hong Kong. Total loss to shareholders of 55% over the past three years.
분석 기사 • Oct 07What Q Technology (Group) Company Limited's (HKG:1478) 36% Share Price Gain Is Not Telling YouQ Technology (Group) Company Limited ( HKG:1478 ) shares have continued their recent momentum with a 36% gain in the...
분석 기사 • Oct 04An Intrinsic Calculation For Q Technology (Group) Company Limited (HKG:1478) Suggests It's 48% UndervaluedKey Insights The projected fair value for Q Technology (Group) is HK$11.13 based on 2 Stage Free Cash Flow to Equity Q...
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$5.23, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Electronic industry in Hong Kong. Total loss to shareholders of 53% over the past three years.
분석 기사 • Sep 12Q Technology (Group)'s (HKG:1478) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Q Technology (Group) Company Limited's ( HKG:1478 ) stock hasn't...
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to HK$4.89, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Electronic industry in Hong Kong. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$8.81 per share.
분석 기사 • Aug 16Results: Q Technology (Group) Company Limited Beat Earnings Expectations And Analysts Now Have New ForecastsQ Technology (Group) Company Limited ( HKG:1478 ) just released its half-year report and things are looking bullish. It...
Reported Earnings • Aug 14First half 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.018 in 1H 2023)First half 2024 results: EPS: CN¥0.097 (up from CN¥0.018 in 1H 2023). Revenue: CN¥7.68b (up 40% from 1H 2023). Net income: CN¥115.2m (up 454% from 1H 2023). Profit margin: 1.5% (up from 0.4% in 1H 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
공시 • Jul 26Q Technology (Group) Company Limited to Report First Half, 2024 Results on Aug 12, 2024Q Technology (Group) Company Limited announced that they will report first half, 2024 results on Aug 12, 2024
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 24%After last week's 24% share price gain to HK$4.99, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Electronic industry in Hong Kong. Total loss to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$7.42 per share.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to HK$4.20, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Electronic industry in Hong Kong. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$6.86 per share.
분석 기사 • May 13Investors Could Be Concerned With Q Technology (Group)'s (HKG:1478) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Major Estimate Revision • Apr 01Consensus EPS estimates fall by 13%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥13.2b to CN¥13.9b. EPS estimate fell from CN¥0.274 to CN¥0.239 per share. Net income forecast to grow 246% next year vs 41% growth forecast for Electronic industry in Hong Kong. Consensus price target down from HK$3.98 to HK$3.84. Share price was steady at HK$3.02 over the past week.
공시 • Mar 26Q Technology (Group) Company Limited, Annual General Meeting, May 24, 2024Q Technology (Group) Company Limited, Annual General Meeting, May 24, 2024.
Reported Earnings • Mar 26Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.069 (down from CN¥0.14 in FY 2022). Revenue: CN¥12.5b (down 8.9% from FY 2022). Net income: CN¥81.9m (down 52% from FY 2022). Profit margin: 0.7% (down from 1.2% in FY 2022). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.
공시 • Mar 02Q Technology (Group) Company Limited to Report Fiscal Year 2023 Results on Mar 25, 2024Q Technology (Group) Company Limited announced that they will report fiscal year 2023 results on Mar 25, 2024
Major Estimate Revision • Feb 09Consensus EPS estimates fall by 23%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.167 to CN¥0.129 per share. Revenue forecast steady at CN¥12.4b. Net income forecast to grow 873% next year vs 27% growth forecast for Electronic industry in Hong Kong. Consensus price target broadly unchanged at HK$4.14. Share price rose 17% to HK$3.07 over the past week.
분석 기사 • Jan 26Is Now The Time To Look At Buying Q Technology (Group) Company Limited (HKG:1478)?Q Technology (Group) Company Limited ( HKG:1478 ), is not the largest company out there, but it saw significant share...
공시 • Jan 24Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2023Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. The board of directors of the Company to inform the shareholders of the Company (the "Shareholders") and potential investors that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2023 (the "Year"), it is expected that the consolidated profit of the Group attributable to the Shareholders for the Year decreased by approximately 35% to 45% as compared to the consolidated profit of the Group attributable to the Shareholders for the year ended 31 December 2022 (the "Corresponding Year").
공시 • Jan 20Q Technology (Group) Company Limited (SEHK:1478) acquired 5% stake in Careium AB (Publ) (OM:CARE) from Accendo Capital for for SEK 32.2 million.Q Technology (Group) Company Limited (SEHK:1478) acquired 5% stake in Careium AB (Publ) (OM:CARE) from Accendo Capital for SEK 32.2 million on January 15, 2023. Q Technology acquired 5% stake for SEK 26.5 per share. Q Technology (Group) Company Limited (SEHK:1478) completed the acquisition of 5% stake in Careium AB (Publ) (OM:CARE) from Accendo Capital on January 15, 2023.
분석 기사 • Jan 04Q Technology (Group) Company Limited's (HKG:1478) Business Is Yet to Catch Up With Its Share PriceWith a median price-to-sales (or "P/S") ratio of close to 0.4x in the Electronic industry in Hong Kong, you could be...
Board Change • Jan 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Executive Director, Authorized Representative & Chief Legal Director Fuqiang Fan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
분석 기사 • Dec 05Are Q Technology (Group) Company Limited (HKG:1478) Investors Paying Above The Intrinsic Value?Key Insights Using the 2 Stage Free Cash Flow to Equity, Q Technology (Group) fair value estimate is HK$3.48 Q...
New Risk • Oct 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).
분석 기사 • Sep 14Q Technology (Group) (HKG:1478) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Major Estimate Revision • Aug 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥13.4b to CN¥12.7b. EPS estimate also fell from CN¥0.255 per share to CN¥0.199 per share. Net income forecast to grow 1,152% next year vs 17% growth forecast for Electronic industry in Hong Kong. Consensus price target down from HK$4.51 to HK$4.15. Share price fell 6.9% to HK$3.09 over the past week.
Reported Earnings • Aug 08First half 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.14 in 1H 2022)First half 2023 results: EPS: CN¥0.018 (down from CN¥0.14 in 1H 2022). Revenue: CN¥5.48b (down 23% from 1H 2022). Net income: CN¥20.8m (down 88% from 1H 2022). Profit margin: 0.4% (down from 2.3% in 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jul 20Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥14.0b to CN¥13.4b. EPS estimate also fell from CN¥0.325 per share to CN¥0.255 per share. Net income forecast to grow 76% next year vs 57% growth forecast for Consumer Durables industry in Hong Kong. Consensus price target down from HK$4.67 to HK$4.51. Share price fell 3.1% to HK$3.14 over the past week.
공시 • Jul 18Q Technology (Group) Company Limited to Report First Half, 2023 Results on Aug 07, 2023Q Technology (Group) Company Limited announced that they will report first half, 2023 results on Aug 07, 2023
분석 기사 • Jun 23Capital Allocation Trends At Q Technology (Group) (HKG:1478) Aren't IdealTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
분석 기사 • Mar 14Q Technology (Group) Company Limited (HKG:1478) Analysts Are More Bearish Than They Used To BeThe analysts covering Q Technology (Group) Company Limited ( HKG:1478 ) delivered a dose of negativity to shareholders...
Reported Earnings • Mar 14Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.14 (down from CN¥0.73 in FY 2021). Revenue: CN¥13.8b (down 26% from FY 2021). Net income: CN¥171.2m (down 80% from FY 2021). Profit margin: 1.2% (down from 4.6% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Durables industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 22% per year.
분석 기사 • Jan 27Is There An Opportunity With Q Technology (Group) Company Limited's (HKG:1478) 44% Undervaluation?Key Insights Q Technology (Group)'s estimated fair value is CN¥9.9 based on 2 Stage Free Cash Flow to Equity Current...
공시 • Jan 20Q Technology (Group) Company Limited Provides Earnings Guidance for the Year Ended 31 December 2022Q Technology (Group) Company Limited provided earnings guidance for the year ended 31 December 2022. Based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2022, which have not been reviewed or audited by the independent auditors and/or the audit committee of the Company,it is expected that the consolidated profit of the Group attributable to the Shareholders for the year ended 31 December 2022 (the "Year") may decrease by approximately 70% to 80% as compared to the consolidated profit of the Group attributable to the Shareholders of approximatelyRMB 862,976,000 for the year ended 31 December 2021.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 22% share price gain to HK$5.12, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Consumer Durables industry in Hong Kong. Total loss to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$9.41 per share.
분석 기사 • Jan 06Is Q Technology (Group) Company Limited (HKG:1478) Potentially Undervalued?While Q Technology (Group) Company Limited ( HKG:1478 ) might not be the most widely known stock at the moment, it saw...
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improved over the past weekAfter last week's 21% share price gain to HK$4.58, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Consumer Durables industry in Hong Kong. Total loss to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$2.26 per share.
공시 • Nov 18Q Technology (Group) Company Limited HKD Ordinary Shares (Cayman Islands) to Be Deleted from OTC EquityQ Technology (Group) Company Limited HKD Ordinary Shares (Cayman Islands) will be deleted from OTC Equity effective from November 18, 2022, due to Inactive Security.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improved over the past weekAfter last week's 22% share price gain to HK$3.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Consumer Durables industry in Hong Kong. Total loss to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$2.22 per share.
분석 기사 • Oct 27Estimating The Fair Value Of Q Technology (Group) Company Limited (HKG:1478)How far off is Q Technology (Group) Company Limited ( HKG:1478 ) from its intrinsic value? Using the most recent...
분석 기사 • Sep 23What Does Q Technology (Group) Company Limited's (HKG:1478) Share Price Indicate?While Q Technology (Group) Company Limited ( HKG:1478 ) might not be the most widely known stock at the moment, it...
Recent Insider Transactions • Sep 22Executive Chairman of the Board recently bought HK$405k worth of stockOn the 15th of September, Ningning He bought around 100k shares on-market at roughly HK$4.05 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$508k. Ningning has been a buyer over the last 12 months, purchasing a net total of HK$913k worth in shares.
분석 기사 • Aug 17Is Q Technology (Group) (HKG:1478) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 21% share price gain to HK$5.13, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Consumer Durables industry in Hong Kong. Total loss to shareholders of 33% over the past three years.
Major Estimate Revision • Aug 15Consensus revenue estimates fall by 14%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥17.7b to CN¥15.3b. EPS estimate fell from CN¥0.58 to CN¥0.31 per share. Net income forecast to grow 8.6% next year vs 13% growth forecast for Consumer Durables industry in Hong Kong. Consensus price target down from HK$6.65 to HK$5.40. Share price rose 9.8% to HK$4.83 over the past week.
Reported Earnings • Aug 09First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down CN¥570.7m from profit in 1H 2021). Profit margin: (down from 6.1% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.