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Modern Innovative Digital Technology SEHK:2322 Stock Report

Last Price

HK$0.74

Market Cap

HK$3.0b

7D

-11.9%

1Y

-18.7%

Updated

21 Dec, 2024

Data

Company Financials

Modern Innovative Digital Technology Company Limited

SEHK:2322 Stock Report

Market Cap: HK$3.0b

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

2322 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Modern Innovative Digital Technology Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Modern Innovative Digital Technology
Historical stock prices
Current Share PriceHK$0.74
52 Week HighHK$1.20
52 Week LowHK$0.58
Beta0.086
1 Month Change-16.85%
3 Month Change-26.00%
1 Year Change-18.68%
3 Year Change-20.43%
5 Year Change49.49%
Change since IPO8.83%

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) 38% Share Price Surge Not Quite Adding Up

Hong Kong ChaoShang Group Limited's (HKG:2322) 32% Share Price Surge Not Quite Adding Up

Jun 18
Hong Kong ChaoShang Group Limited's (HKG:2322) 32% Share Price Surge Not Quite Adding Up

Hong Kong ChaoShang Group Limited (HKG:2322) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely

Jan 08
Hong Kong ChaoShang Group Limited (HKG:2322) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely

Hong Kong ChaoShang Group Limited's (HKG:2322) CEO Compensation Is Looking A Bit Stretched At The Moment

Sep 21
Hong Kong ChaoShang Group Limited's (HKG:2322) CEO Compensation Is Looking A Bit Stretched At The Moment

Is Hong Kong ChaoShang Group (HKG:2322) In A Good Position To Deliver On Growth Plans?

Apr 20
Is Hong Kong ChaoShang Group (HKG:2322) In A Good Position To Deliver On Growth Plans?

This Is The Reason Why We Think Hong Kong ChaoShang Group Limited's (HKG:2322) CEO Deserves A Bump Up To Their Compensation

Aug 24
This Is The Reason Why We Think Hong Kong ChaoShang Group Limited's (HKG:2322) CEO Deserves A Bump Up To Their Compensation

Calculating The Fair Value Of Hong Kong ChaoShang Group Limited (HKG:2322)

May 20
Calculating The Fair Value Of Hong Kong ChaoShang Group Limited (HKG:2322)

Shareholder Returns

2322HK Trade DistributorsHK Market
7D-11.9%-1.7%-0.5%
1Y-18.7%-11.0%19.9%

Return vs Industry: 2322 underperformed the Hong Kong Trade Distributors industry which returned -11% over the past year.

Return vs Market: 2322 underperformed the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 2322's price volatile compared to industry and market?
2322 volatility
2322 Average Weekly Movement7.1%
Trade Distributors Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200259Ken Chanwww.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

How do Modern Innovative Digital Technology's earnings and revenue compare to its market cap?
2322 fundamental statistics
Market capHK$3.05b
Earnings (TTM)-HK$122.51m
Revenue (TTM)HK$92.60m

32.9x

P/S Ratio

-24.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2322 income statement (TTM)
RevenueHK$92.60m
Cost of RevenueHK$72.19m
Gross ProfitHK$20.41m
Other ExpensesHK$142.92m
Earnings-HK$122.51m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.03
Gross Margin22.04%
Net Profit Margin-132.30%
Debt/Equity Ratio0%

How did 2322 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

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.

AnalystInstitution