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Solartech International Holdings Limited (HK:1166)
:1166

Solartech International Holdings Limited (1166) AI Stock Analysis

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HK

Solartech International Holdings Limited

(Berlin:1166)

43Neutral
Solartech International Holdings Limited exhibits significant financial challenges, particularly in profitability and cash flow, leading to a low financial performance score. The technical indicators suggest a bearish trend, underscoring potential further downside risk. The negative P/E ratio and lack of dividend yield make the stock unattractive from a valuation standpoint. Strategic improvements in operational efficiency and profitability are necessary to improve the stock's outlook.

Solartech International Holdings Limited (1166) vs. S&P 500 (SPY)

Solartech International Holdings Limited Business Overview & Revenue Model

Company DescriptionSolartech International Holdings Limited (1166) is an investment holding company primarily engaged in the manufacturing and trading of cables and wires. The company operates in two main segments: the manufacture and trading of copper rods, and the manufacturing and trading of cable and wire products. Solartech International serves a broad range of industries, including telecommunications, building and construction, and electronics, providing high-quality materials essential for infrastructure and technological development.
How the Company Makes MoneySolartech International Holdings Limited generates revenue through the manufacturing and trading of its core products, namely copper rods, wires, and cables. The company earns money by selling these products to various industries, such as telecommunications, construction, and electronics, which rely on high-quality materials for their operations. By maintaining a strong manufacturing capacity and a diversified product portfolio, Solartech International can meet the demands of different markets. Partnerships with suppliers and clients, along with its strategic market presence, also play a crucial role in driving sales and expanding its customer base. Additionally, fluctuations in commodity prices, particularly copper, can significantly impact the company's revenue, as these materials are integral to its production processes.

Solartech International Holdings Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
795.70M374.32M471.52M433.05M288.27M
Gross Profit
67.22M12.15M66.68M58.23M32.03M
EBIT
-27.11M-66.74M-11.22M-29.11M-38.71M
EBITDA
-87.97M-130.60M-61.25M205.83M-91.84M
Net Income Common Stockholders
-88.52M-176.25M-102.22M156.35M-142.26M
Balance SheetCash, Cash Equivalents and Short-Term Investments
106.33M91.59M78.14M144.17M74.59M
Total Assets
1.37B1.45B1.69B1.76B1.38B
Total Debt
264.23M264.00M339.01M272.84M185.78M
Net Debt
161.71M178.34M267.66M133.77M119.96M
Total Liabilities
568.59M558.71M603.78M565.75M371.24M
Stockholders Equity
800.49M889.20M1.09B1.20B1.02B
Cash FlowFree Cash Flow
-15.55M16.74M-4.03M-12.52M-22.13M
Operating Cash Flow
-7.07M19.65M1.24M-9.19M-12.48M
Investing Cash Flow
37.92M6.23M-133.72M-1.40M-45.00K
Financing Cash Flow
-14.28M-6.03M72.90M69.69M18.17M

Solartech International Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.32
Price Trends
50DMA
0.34
Negative
100DMA
0.33
Negative
200DMA
0.35
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
43.05
Neutral
STOCH
35.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1166, the sentiment is Negative. The current price of 0.32 is below the 20-day moving average (MA) of 0.35, below the 50-day MA of 0.34, and below the 200-day MA of 0.35, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.05 is Neutral, neither overbought nor oversold. The STOCH value of 35.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1166.

Solartech International Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
$77.76B19.1826.55%2.14%-1.69%17.32%
71
Outperform
HK$580.86M4.135.38%5.33%15.34%113.64%
68
Neutral
HK$1.73B2.5118.67%13.33%13.86%8.68%
55
Neutral
$7.10B3.56-6.61%5.99%-0.03%-51.71%
43
Neutral
€38.59M-6.76%-29.37%75.02%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1166
Solartech International Holdings Limited
0.33
<0.01
1.56%
HK:0382
Edvantage Group Holdings Limited
1.47
-0.80
-35.24%
HK:0322
Tingyi (Cayman Islands) Holding
13.80
5.63
68.89%
HK:1203
GDH Guangnan (Holdings) Limited
0.64
0.13
25.00%

Solartech International Holdings Limited Corporate Events

Solartech International Reports Increased Losses in 2024 Interim Results
Feb 27, 2025

Solartech International Holdings Limited reported its unaudited interim results for the six months ending December 31, 2024, revealing a significant decrease in turnover from HK$567.6 million in 2023 to HK$299.7 million in 2024. Despite a gross profit increase to HK$25.6 million, the company faced a loss of HK$26.6 million, attributed to factors such as a decline in the fair value of investment properties and increased general and administrative expenses. The total comprehensive income for the period also showed a decline, with a loss of HK$33.3 million compared to a loss of HK$22.4 million in the previous year, indicating ongoing financial challenges.

Solartech International Projects Reduced Losses Amid Profit Warning
Feb 21, 2025

Solartech International Holdings Limited has issued a profit warning for the six months ended 31 December 2024, expecting a loss between HK$23 million to HK$30 million, a notable improvement compared to the HK$58.76 million loss in the same period the previous year. This reduction in losses is attributed to increased gross profit, reduced general and administrative expenses, and a lesser net loss from the fair values of the Group’s investment properties.

Solartech International Achieves Unanimous Shareholder Approval for Equity Transfer
Feb 17, 2025

At the special general meeting held on 17 February 2025, Solartech International Holdings Limited announced that shareholders unanimously passed an ordinary resolution concerning the Equity Transfer Agreement. The approval was achieved with 100% votes in favor, reflecting strong shareholder support for the company’s strategic direction, with no abstentions or votes against the resolution.

Solartech International to Announce Interim Results and Dividend Plans
Feb 5, 2025

Solartech International Holdings Limited announced that its board of directors will convene on February 27, 2025, to approve the unaudited interim results for the six months ending December 31, 2024. The board will also consider the recommendation of an interim dividend, reflecting the company’s commitment to maintaining transparency and shareholder value.

Solartech International Updates Share Option Information
Feb 4, 2025

Solartech International Holdings Limited has issued a supplemental announcement regarding its Share Option Scheme as detailed in the company’s annual report for the financial year ending June 30, 2024. The announcement states that the total number of shares available under the scheme is approximately 10% of the company’s total issued shares, with no other changes to the annual report’s contents. This disclosure provides additional clarity for shareholders and potential investors without affecting the company’s previously reported financial results.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.