PATEO CONNECT Technology (Shanghai) (2889) Stock Overview
Develops smart cockpit solutions and products for OEMs and Tier-1 suppliers in China and Hong Kong. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
2889 Community Fair Values
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PATEO CONNECT Technology (Shanghai) Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$201.80 |
| 52 Week High | HK$216.00 |
| 52 Week Low | HK$130.10 |
| Beta | 0 |
| 1 Month Change | n/a |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 28.54% |
Recent News & Updates
Recent updates
Shareholder Returns
| 2889 | HK Tech | HK Market | |
|---|---|---|---|
| 7D | 30.9% | -2.8% | -0.3% |
| 1Y | n/a | 101.9% | 28.8% |
Return vs Industry: Insufficient data to determine how 2889 performed against the Hong Kong Tech industry.
Return vs Market: Insufficient data to determine how 2889 performed against the Hong Kong Market.
Price Volatility
| 2889 volatility | |
|---|---|
| 2889 Average Weekly Movement | n/a |
| Tech Industry Average Movement | 7.8% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 15.9% |
| 10% least volatile stocks in HK Market | 3.4% |
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 | 2,150 | Zhenkai Ying | www.pateo.com.cn/en |
PATEO CONNECT Technology (Shanghai) Corporation develops smart cockpit solutions 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
| 2889 fundamental statistics | |
|---|---|
| Market cap | HK$30.51b |
| Earnings (TTM) | -HK$591.13m |
| Revenue (TTM) | HK$2.79b |
Is 2889 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2889 income statement (TTM) | |
|---|---|
| Revenue | CN¥2.56b |
| Cost of Revenue | CN¥2.26b |
| Gross Profit | CN¥301.00m |
| Other Expenses | CN¥842.24m |
| Earnings | -CN¥541.24m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.61 |
| Gross Margin | 11.77% |
| Net Profit Margin | -21.17% |
| Debt/Equity Ratio | 103.2% |
How did 2889 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/10 16:26 |
| End of Day Share Price | 2025/10/10 00:00 |
| Earnings | 2024/12/31 |
| 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 |
| |
| 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
PATEO CONNECT Technology (Shanghai) Corporation 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.