TipRanks
Go Ultimate55% OFF

PAX Global Technology (0327) AI Stock Analysis

HK:0327

PAX Global Technology

(HKEX:0327)

Select Model
Rating:82Outperform
Price Target:HKD 3.50â–²(11.11% Upside)
Action:reiterated
Date:08/06/26

The score is driven primarily by strong financial resilience (very low leverage and improved 2025 cash generation) and highly attractive valuation (low P/E and high dividend yield). Technicals are supportive in the near term (price above shorter moving averages with positive momentum), but the longer-term trend remains weaker versus the 200-day average, and financial operating momentum is tempered by uneven revenue and lower profitability versus prior peaks.

Positive Factors
Very low leverageExtremely low leverage gives PAX substantial financial flexibility and reduces interest and refinancing pressure. The sizeable equity base can support product development, customer deployments, and shareholder distributions while improving resilience if payment technology demand becomes less predictable.
Negative Factors
Uneven revenue trajectoryThe recent revenue pattern shows that growth has not been consistently sustained after the strong 2020–2022 expansion. Two consecutive annual declines followed by a limited rebound make future scale less predictable and could constrain operating leverage, investment planning, and the pace of customer or geographic expansion.

PAX Global Technology (0327) vs. iShares MSCI Hong Kong ETF (EWH)

-40%-30%-20%-10%0%10%20%HK:0327-39.35%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 499.99M
Dividend Yield
2.54%
Average Volume (3M)
1.46M
Price to Earnings (P/E)
3.8
Beta (1Y)
0.77
Revenue Growth
9.56%
EPS Growth
35.60%
Country
Hong Kong
Employees
1,445
Sector
Industrials
Sector Strength
63
Industry
Computer Hardware

PAX Global Technology Business Overview & Revenue Model

Company Description

PAX Global Technology Limited is an investment holding company primarily engaged in the worldwide development and sale of electronic funds transfer point-of-sale (EFT-POS) systems. Its diverse array of E-payment terminals features advanced smart E-pa...

How the Company Makes Money

PAX Global Technology primarily makes money by selling payment acceptance hardware and by monetizing software and services tied to those devices. The core revenue stream is the sale of EFT-POS terminals (including countertop, wireless/mobile, and oth...

PAX Global Technology Financial Statement Overview

Summary

Financial profile is strong overall, led by a very conservative balance sheet (debt-to-equity ~0.8%) and improved 2025 cash generation (FCF ~HK$1.24B; FCF to net income ~0.95). Offsetting this, revenue has been volatile with declines in 2023–2024 and only a modest 2025 rebound (+2.5%), alongside a step-down in margins/returns versus 2022–2023 peaks.

Income Statement

72Positive

Balance Sheet

90Very Positive

Cash Flow

76Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue6.31B5.87B6.04B6.71B8.06B7.20B
Gross Profit2.70B2.56B2.85B2.99B3.31B2.83B
EBITDA1.18B1.03B937.24M1.32B1.49B1.35B
Net Income880.94M753.59M713.43M1.16B1.26B1.08B
Balance Sheet
Total Assets10.84B9.98B9.17B9.08B9.49B8.82B
Cash, Cash Equivalents and Short-Term Investments4.11B4.14B3.30B2.92B3.19B3.55B
Total Debt58.01M61.47M87.83M108.22M85.93M116.60M
Total Liabilities2.08B2.01B1.60B1.59B2.58B2.36B
Stockholders Equity8.71B7.93B7.53B7.46B6.93B6.49B
Cash Flow
Free Cash Flow1.05B1.24B1.04B314.27M317.92M-42.00K
Operating Cash Flow1.09B1.30B1.16B527.27M648.53M347.66M
Investing Cash Flow-31.74M-26.14M-335.75M-172.21M-300.02M-234.77M
Financing Cash Flow-277.48M-552.80M-570.45M-525.92M-449.17M-448.14M

PAX Global Technology Technical Analysis

Technical Analysis SentimentNegative
Last Price3.15

Price Trends

50DMA3.71Negative
100DMA3.65Negative
200DMA3.96Negative

Market Momentum

MACD-0.15Positive
RSI27.73Positive
STOCH12.47Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0327, the sentiment is Negative. The current price of 3.15 is below the 20-day moving average (MA) of 3.44, below the 50-day MA of 3.71, and below the 200-day MA of 3.96, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 27.73 is Positive, neither overbought nor oversold. The STOCH value of 12.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0327.

PAX Global Technology Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:0327 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:0327HK:032782OutperformHKD 3.34B3.7910.59%2.54%9.56%35.60%
HK:1977HK:197771OutperformHKD 1.28B5.339.97%8.52%3.15%77.58%
HK:0838HK:083864NeutralHKD 1.12B4.497.26%6.68%-4.88%-0.62%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
HK:2429HK:242947NeutralHKD 1.44B-11.84-8.63%―-1.57%33.35%
HK:0861HK:086143NeutralHKD 3.25B-40.63-0.96%1.85%16.16%83.77%
HK:2098HK:209843NeutralHKD 781.17M-0.60-8.15%―-43.78%-696.45%

* Industrials Sector Average

Performance Comparison

-40%-20%0%HK:0327HK:0861HK:0838HK:2098HK:1977HK:2429Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:0327 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:0327PAX Global Technology 3.15-2.12-40.26%
HK:0861Digital China Holdings 1.95-1.02-34.39%
HK:0838Eva Precision Industrial Holdings Limited0.65-0.50-43.62%
HK:2098Zall Smart Commerce Group Ltd.0.06-0.06-47.93%
HK:1977Analogue Holdings Limited0.920.077.90%
HK:2429Beijing UBOX Online Technology Corp. Class H1.40-1.54-52.38%

PAX Global Technology Corporate Events

PAX Global Declares Interim Dividend of HKD 0.08 Per Share

Aug 18, 2026

PAX Global Technology Limited has declared an interim ordinary cash dividend of HKD 0.08 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. The move underscores the company’s ongoing commitment to s...

PAX Global Profit Jumps 33% on Strong H1 Revenue, Dividend Trimmed

Aug 18, 2026

PAX Global Technology reported strong interim results for the six months ended 30 June 2026, with revenue rising 15.4% year-on-year to HK$3.14 billion and gross profit up 9.6% to HK$1.39 billion. Net profit attributable to shareholders surged 32.6% t...

PAX Global Sets August Board Meeting to Approve Interim Results and Consider Dividend

Aug 6, 2026

PAX Global Technology has scheduled a board meeting for 18 August 2026 to review and approve the interim results for the six months ended 30 June 2026, along with their publication. The board will also consider the declaration of an interim dividend...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.

Date of analysis: Aug 06, 2026