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BOE Varitronix (0710) AI Stock Analysis
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BOE Varitronix
(HKEX:0710)
The score is primarily held back by the latest-year profitability deterioration and weaker cash conversion, despite a notably low-leverage balance sheet that supports financial stability. Technicals are mixed (improving vs short/mid-term averages but still below the 200-day with slightly negative MACD). Valuation helps offset risks with a moderate P/E and solid dividend yield.
BOE Varitronix (0710) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 378.58M
- Dividend Yield
- 4.66%
- Average Volume (3M)
- 1.46M
- Price to Earnings (P/E)
- 8.6
- Beta (1Y)
- 1.02
- Revenue Growth
- 2.78%
- EPS Growth
- -25.10%
- Country
- Hong Kong
- Employees
- 7,871
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Hardware, Equipment & Parts
BOE Varitronix Business Overview & Revenue Model
Company Description
BOE Varitronix Limited functions as an investment holding company primarily engaged in the design, manufacturing, and global sales of liquid crystal display (LCD) and associated products. Its operational reach extends across the People's Republic of...
BOE Varitronix Financial Statement Overview
Summary
Financials are stable but mixed: a conservatively financed balance sheet (very low debt-to-equity) supports resilience, while the income statement shows a clear concern with sharp 2025 margin compression (gross margin down to ~5% vs ~17% in 2024) despite still-positive net income. Cash flow remains positive but weakened, with 2025 free cash flow down materially and covering only ~59% of net income.
Income Statement
54NeutralBalance Sheet
78PositiveCash Flow
60Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.35B | 13.96B | 13.45B | 10.76B | 10.72B | 7.74B |
| Gross Profit | 850.68M | 760.60M | 2.23B | 1.97B | 881.45M | 574.52M |
| EBITDA | 361.50M | 414.47M | 691.12M | 685.23M | 843.21M | 477.61M |
| Net Income | 297.63M | 345.37M | 391.28M | 475.26M | 582.45M | 327.80M |
Balance Sheet | ||||||
| Total Assets | 13.49B | 12.37B | 11.46B | 10.03B | 8.28B | 5.54B |
| Cash, Cash Equivalents and Short-Term Investments | 5.13B | 4.54B | 3.93B | 3.57B | 2.88B | 2.27B |
| Total Debt | 348.51M | 337.11M | 410.69M | 642.00M | 678.99M | 22.55M |
| Total Liabilities | 8.47B | 7.50B | 6.86B | 5.62B | 4.15B | 2.20B |
| Stockholders Equity | 4.93B | 4.81B | 4.54B | 4.35B | 4.06B | 3.03B |
Cash Flow | ||||||
| Free Cash Flow | 614.80M | 524.63M | 888.97M | 677.89M | -368.82M | 439.13M |
| Operating Cash Flow | 991.62M | 888.47M | 1.46B | 1.19B | 811.83M | 690.43M |
| Investing Cash Flow | 407.92M | -269.93M | -1.78B | -224.10M | -1.49B | -140.00K |
| Financing Cash Flow | -311.37M | -257.80M | -430.15M | -263.47M | 1.38B | -69.86M |
BOE Varitronix Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0710, the sentiment is Negative. The current price of 3.29 is below the 20-day moving average (MA) of 3.67, below the 50-day MA of 3.90, and below the 200-day MA of 4.18, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 28.38 is Positive, neither overbought nor oversold. The STOCH value of 21.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0710.
BOE Varitronix Peers Comparison
Overall Rating
HK:033467Neutral
HK:028565Neutral- HK:071064Neutral
HK:608850Neutral
HK:073244Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0334 | 67Neutral | HKD 587.13M | 3.80 | 10.46% | ― | 42.66% | 22.75% |
| HK:0285 | 65Neutral | HKD 49.12B | 18.88 | 6.40% | 0.82% | 4.29% | -49.39% |
| HK:0710 | 64Neutral | HKD 2.60B | 8.64 | 6.11% | 4.66% | 2.78% | -25.10% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| HK:6088 | 50Neutral | HKD 23.77B | 18.73 | 6.00% | ― | 11.05% | 6.56% |
| HK:0732 | 44Neutral | HKD 2.35B | 10.23 | 2.40% | 9.88% | -11.48% | -7.38% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0710 | BOE Varitronix | 3.29 | -1.57 | -32.38% | |
| HK:0285 | BYD Electronic (International) Co | 21.80 | -13.99 | -39.09% | |
| HK:0732 | Truly International Holdings | 0.81 | -0.24 | -22.78% | |
| HK:0334 | China Display Optoelectronics Technology Holdings Ltd | 0.28 | -0.06 | -17.65% | |
| HK:6088 | FIT Hon Teng Limited | 3.35 | -2.32 | -40.92% | |
| HK:6613 | Lens Technology Co. Ltd. Class H | 13.07 | -12.66 | -49.21% |
BOE Varitronix Corporate Events
BOE Varitronix boosts revenue and cash amid EV market headwinds
BOE Varitronix Limited, a Bermuda-based maker of automotive and advanced display solutions, operates major plants in the PRC and is adding new capacity in Vietnam to serve both domestic and overseas customers. Its technologies target mainstream autom...
BOE Varitronix Sets August Board Meeting to Approve Interim Results and Consider Dividend
BOE Varitronix Limited has scheduled a board meeting for 25 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider the payment of an interim dividend and address other corporate matte...
BOE Varitronix Updates Registered Office Address in Bermuda
BOE Varitronix Limited has announced a change to the address of its registered office in Bermuda, effective 3 August 2026, moving to Richmond House, 12 Par-la-Ville Road, Hamilton HM 08, Bermuda. The company emphasized that the address of its princip...
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 28, 2026