2322 Stock Overview
An investment holding company, engages in the trading, money lending and factoring, and finance leasing and financial services businesses in the People’s Republic of China and Hong Kong. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
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Modern Innovative Digital Technology Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.51 |
| 52 Week High | HK$1.20 |
| 52 Week Low | HK$0.47 |
| Beta | 0.12 |
| 1 Month Change | -29.17% |
| 3 Month Change | -39.29% |
| 1 Year Change | -26.09% |
| 3 Year Change | -39.29% |
| 5 Year Change | -38.55% |
| Change since IPO | -24.99% |
Recent News & Updates
Recent updates
Hong Kong ChaoShang Group Limited's (HKG:2322) 38% Share Price Surge Not Quite Adding Up
Sep 18
Hong Kong ChaoShang Group Limited's (HKG:2322) 32% Share Price Surge Not Quite Adding Up
Jun 18Hong Kong ChaoShang Group Limited (HKG:2322) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Jan 08Hong Kong ChaoShang Group Limited's (HKG:2322) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 21Is Hong Kong ChaoShang Group (HKG:2322) In A Good Position To Deliver On Growth Plans?
Apr 20Shareholder Returns
| 2322 | HK Trade Distributors | HK Market | |
|---|---|---|---|
| 7D | -19.0% | 1.8% | 0.6% |
| 1Y | -26.1% | -1.5% | 29.0% |
Return vs Industry: 2322 underperformed the Hong Kong Trade Distributors industry which returned -1.5% over the past year.
Return vs Market: 2322 underperformed the Hong Kong Market which returned 29% over the past year.
Price Volatility
| 2322 volatility | |
|---|---|
| 2322 Average Weekly Movement | 8.5% |
| Trade Distributors Industry Average Movement | 6.7% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in HK Market | 14.3% |
| 10% least volatile stocks in HK Market | 3.2% |
Stable Share Price: 2322 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2322's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 59 | n/a | www.midt.hk |
Modern Innovative Digital Technology Company Limited, an investment holding company, engages in the trading, money lending and factoring, and finance leasing and financial services businesses in the People’s Republic of China and Hong Kong. The company trades in food, seafood, electronic products, methanol, and OTC products; and provides loan financing, entrusted loan, and consultancy services, as well as offers general trading services. It also offers direct leasing and sale-leaseback services primarily machinery and equipment-based finance leases; and securities brokerage, dealing, placing, underwriting, margin financing, and asset management services.
Modern Innovative Digital Technology Company Limited Fundamentals Summary
| 2322 fundamental statistics | |
|---|---|
| Market cap | HK$2.10b |
| Earnings (TTM) | -HK$122.51m |
| Revenue (TTM) | HK$92.60m |
22.7x
P/S Ratio-17.2x
P/E RatioIs 2322 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2322 income statement (TTM) | |
|---|---|
| Revenue | HK$92.60m |
| Cost of Revenue | HK$72.19m |
| Gross Profit | HK$20.41m |
| Other Expenses | HK$142.92m |
| Earnings | -HK$122.51m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.03 |
| Gross Margin | 22.04% |
| Net Profit Margin | -132.30% |
| Debt/Equity Ratio | 0% |
How did 2322 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/15 19:13 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Modern Innovative Digital Technology Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.