PATEO CONNECT Technology (Shanghai) (2889) Stock Overview

Develops smart cockpit solutions, vehicle connectivity support services, and products for OEMs and Tier-1 suppliers in China and Hong Kong. More details

2889 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings are forecast to grow 109.55% per year

Revenue grew by 37.5% over the past year

Risk Analysis

Volatile share price over the past 3 months compared to the Hong Kong market

2889 Community Fair Values

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PATEO CONNECT Technology (Shanghai) Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for PATEO CONNECT Technology (Shanghai)
Historical stock prices
Current Share Price	HK$170.20
52 Week High	HK$216.00
52 Week Low	HK$130.10
Beta	0
1 Month Change	-4.27%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	8.41%

Recent updates

Shareholder Returns

	2889	HK Auto Components	HK Market
7D	-2.4%	0%	-3.7%
1Y	n/a	0%	34.5%

Return vs Industry: Insufficient data to determine how 2889 performed against the Hong Kong Auto Components industry.

Return vs Market: Insufficient data to determine how 2889 performed against the Hong Kong Market.

Price Volatility

Is 2889's price volatile compared to industry and market?
2889 volatility
2889 Average Weekly Movement	12.4%
Auto Components Industry Average Movement	0%
Market Average Movement	6.9%
10% most volatile stocks in HK Market	14.6%
10% least volatile stocks in HK Market	3.2%

Stable Share Price: 2889's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 2889's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2009	2,085	Zhenkai Ying	www.pateo.com.cn/en

PATEO CONNECT Technology (Shanghai) Corporation develops smart cockpit solutions, vehicle connectivity support services, and products for OEMs and Tier-1 suppliers in China and Hong Kong. It also develops telematics terminals and cloud platforms. The company offers automotive electronic hardware, operating system software, voice AI and map integration, TSP service operations, PaaS and SaaS cloud services for vehicle payment, communication operations, and the CASE (connected, autonomous, shared, and electric) vehicle business model.

PATEO CONNECT Technology (Shanghai) Corporation Fundamentals Summary

How do PATEO CONNECT Technology (Shanghai)'s earnings and revenue compare to its market cap?
2889 fundamental statistics
Market cap	HK$25.53b
Earnings (TTM)	-HK$596.75m
Revenue (TTM)	HK$3.05b

8.4x

P/S Ratio

-42.8x

P/E Ratio

Is 2889 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2889 income statement (TTM)
Revenue	CN¥2.78b
Cost of Revenue	CN¥2.44b
Gross Profit	CN¥344.20m
Other Expenses	CN¥889.16m
Earnings	-CN¥544.96m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-3.63
Gross Margin	12.37%
Net Profit Margin	-19.58%
Debt/Equity Ratio	135.2%

How did 2889 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/21 18:08
End of Day Share Price	2025/11/21 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PATEO CONNECT Technology (Shanghai) Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Chunli Zhan	Guotai Junan International Holdings Limited

PATEO CONNECT Technology (Shanghai) CorporationSEHK:2889 Stock Report