Comtec Solar Systems Group Ltd. (0712) AI Stock Analysis

• Market Cap: HK$144.15M
• Dividend Yield: N/A
• Average Volume (3M): 5.65M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.68
• Revenue Growth: 3.70%
• EPS Growth: -42.25%
• Country: HK
• Employees: 72
• Sector: Technology
• Sector Strength: 88
• Industry: Solar
• EPS (TTM): N/A
• Shares Outstanding: 1,059,923,500
• 10 Day Avg. Volume: 2,113,350
• 30 Day Avg. Volume: 5,649,200
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, which poses significant risks. While technical analysis shows some positive momentum, the valuation remains unattractive due to negative earnings and no dividend yield. Investors should be cautious given the financial instability and lack of profitability.

Comtec Solar Systems Group Ltd. Business Overview & Revenue Model

Company Description

Comtec Solar Systems Group Limited, an investment holding company, researches, produces, and sells mono-crystalline solar wafers and ingots in the People's Republic of China and Hong Kong. The company operates through two segments, Mono-crystalline and Solar Products, and Solar and Power Storage. It offers consulting services for investment, engineering, procurement, development, and operation of solar photovoltaic power stations; polysilicon products; and solar EPC services. The company also researches and develops, designs, integrates, and sells lithium battery management and battery systems to electric vehicle and power storage customers; and produces and sells power storage products. In addition, it trades in solar related parts, equipment, and products; and generates solar power. Comtec Solar Systems Group Limited was founded in 1999 and is headquartered in Changzhou, the People's Republic of China.

How the Company Makes Money

Comtec Solar Systems Group Ltd. generates revenue primarily through the production and sale of solar wafers, which are key components in the manufacturing of solar cells. The company's revenue streams include direct sales to solar cell manufacturers and partnerships with companies in the solar energy industry. Revenue is influenced by factors such as the demand for renewable energy solutions, technological advancements in solar technology, and fluctuations in raw material costs. Comtec Solar also focuses on maintaining strategic relationships with key players in the solar energy market to support its sales and distribution efforts.

Comtec Solar Systems Group Ltd. Financial Statement Overview

Summary

Comtec Solar Systems Group Ltd. is facing severe financial distress. The income statement shows ongoing losses, with negative net income and profitability challenges. The balance sheet is weak, with a high debt-to-equity ratio and negative equity, indicating financial instability. Cash flow issues further exacerbate the situation, with erratic and insufficient operating cash flow.

Income Statement

The company has shown volatility in revenue, with a recent increase but still negative net income. Gross profit margin remains low. The consistent negative EBIT and net profit margin indicate challenges in achieving profitability.

Balance Sheet

The high debt-to-equity ratio and negative stockholders' equity highlight significant financial distress. The equity ratio is negative, reflecting a precarious balance sheet structure with liabilities exceeding assets.

Cash Flow

The cash flow situation is concerning, with erratic operating cash flows and a lack of positive free cash flow. The company struggles to generate cash from operations, impacting its liquidity and financial flexibility.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	163.16M	144.65M	37.14M	54.83M	55.02M
Gross Profit	11.34M	20.58M	7.81M	6.76M	3.86M
EBITDA	-17.63M	60.52M	-2.24M	-39.16M	-33.22M
Net Income	-48.38M	44.46M	-55.80M	-53.20M	-65.70M
Balance Sheet
Total Assets	146.26M	207.04M	302.95M	291.89M	384.34M
Cash, Cash Equivalents and Short-Term Investments	69.68M	18.29M	22.66M	6.92M	74.94M
Total Debt	121.69M	86.00M	103.50M	203.67M	270.67M
Total Liabilities	306.68M	341.48M	467.10M	405.35M	473.48M
Stockholders Equity	-167.35M	-133.64M	-163.44M	-107.63M	-87.02M
Cash Flow
Free Cash Flow	-10.81M	-22.02M	137.47M	935.00K	-10.81M
Operating Cash Flow	-10.81M	-18.32M	137.70M	1.61M	-9.74M
Investing Cash Flow	708.00K	-4.42M	9.84M	20.43M	15.22M
Financing Cash Flow	887.00K	18.49M	-131.76M	-20.39M	-3.63M

Comtec Solar Systems Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0712, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.11, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.52 is Neutral, neither overbought nor oversold. The STOCH value of 20.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0712.

Comtec Solar Systems Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1421	53 Neutral	62.56M	-1.19	―	―	89.90%	65.64%
0757	51 Neutral	349.00M	-1.43	-24.03%	―	-43.94%	-162.54%
0712	50 Neutral	HK$144.15M	―	―	―	3.70%	-42.25%
0750	46 Neutral	718.51M	-11.49	-1.30%	―	36.71%	8.15%
0475	41 Neutral	199.86M	-10.02	156.37%	―	20.98%	40.20%
0438	32 Underperform	426.70M	-0.61	―	―	-29.57%	-752.95%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Comtec Solar Systems Group Ltd. Corporate Events

Comtec Solar Reports Interim Revenue Growth Amidst Continued Losses

Comtec Solar Systems Group Ltd. announced its unaudited interim results for the six months ending June 30, 2025, reporting a revenue increase to RMB 148,285,000 from RMB 86,716,000 in the previous year. Despite the revenue growth, the company faced a loss of RMB 23,665,000, slightly improved from a loss of RMB 25,601,000 in the same period last year, indicating ongoing financial challenges. The announcement highlights the company’s efforts to manage costs and improve profitability, although significant financial hurdles remain.

Comtec Solar Systems Announces Upcoming Board Meeting

Comtec Solar Systems Group Ltd. has announced a board meeting scheduled for August 29, 2025, to discuss and approve the company’s unaudited interim results for the first half of the year. The meeting will also consider the recommendation of an interim dividend or other distributions, indicating potential financial returns for stakeholders.

Comtec Solar Systems Group Ltd. AGM Resolutions Unanimously Approved

Comtec Solar Systems Group Ltd. announced the successful passing of all resolutions at its Annual General Meeting held on June 30, 2025. The resolutions included the approval of financial statements, re-election of directors, and granting of mandates for share issuance and buyback, all of which received unanimous support from shareholders, indicating strong confidence in the company’s leadership and strategic direction.

Comtec Solar Appoints Independent Non-Executive Director to Strengthen Governance

Comtec Solar Systems Group Ltd. announced the appointment of Ms. Qiu as an independent non-executive director, confirming her independence and lack of financial or other interests in the company’s business. This strategic appointment is expected to enhance the company’s governance and strengthen its position in the solar energy market.