TipRanks
Go Ultimate55% OFF

Suncorp Technologies (1063) AI Stock Analysis

HK:1063

Suncorp Technologies

(HKEX:1063)

Select Model
Rating:64.2Neutral
Price Target:HKD 0.25â–²(10.36% Upside)
Action:reiterated
Date:10/29/26

The score is supported by the strong balance sheet, recovering profitability, and very low P/E ratio. Persistent cash burn and weak technical momentum are significant risks that constrain the overall rating.

Positive Factors
Low Financial LeverageVery low leverage reduces solvency risk and preserves financial flexibility through uneven operating periods. A large equity base can provide capacity to absorb losses or support operations, giving the company a stronger balance-sheet foundation than its volatile profitability alone would suggest.
Negative Factors
Persistent Negative Cash FlowPersistent negative operating and free cash flow is a significant fundamental weakness because reported earnings are not converting into available cash. This can force the company to rely on balance-sheet resources to fund operations and limits flexibility for investment or shareholder returns.

Suncorp Technologies (1063) vs. iShares MSCI Hong Kong ETF (EWH)

-80%-60%-40%-20%0%20%HK:1063-61.05%EWH+8.19%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
HKD 20.00M
Dividend Yield
―
Average Volume (3M)
65.28K
Price to Earnings (P/E)
2.8
Beta (1Y)
1.12
Revenue Growth
24.22%
EPS Growth
64.66%
Country
Hong Kong
Employees
19
Sector
Industrials
Sector Strength
63
Industry
Apparel - Footwear & Accessories

Suncorp Technologies Business Overview & Revenue Model

Company Description

Suncorp Technologies Limited, an investment holding company, engages in the processing and trading of used computer-related components in the People’s Republic of China, Indonesia, the United States, Singapore, the United Arab Emirates, Sri Lanka, an...

Suncorp Technologies Financial Statement Overview

Summary

Profitability recovered strongly in 2025 and the balance sheet remains solid with minimal leverage, but persistent negative operating cash flow and weak cash conversion materially reduce the score.

Income Statement

72Positive

Balance Sheet

88Very Positive

Cash Flow

45Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue50.28M50.28M38.88M66.29M128.03M199.97M
Gross Profit10.90M10.90M-12.18M15.20M16.00M25.34M
EBITDA-19.77M-13.11M-36.53M40.45M-56.78M-55.65M
Net Income30.33M30.33M-45.38M40.07M-56.99M-58.84M
Balance Sheet
Total Assets260.83M260.83M231.47M264.02M282.17M328.98M
Cash, Cash Equivalents and Short-Term Investments160.98M160.98M110.85M106.64M101.82M140.16M
Total Debt6.82M6.82M3.15M2.15M4.24M6.27M
Total Liabilities32.72M32.72M33.56M20.75M78.97M71.97M
Stockholders Equity228.81M228.81M198.49M243.73M203.66M257.10M
Cash Flow
Free Cash Flow-18.41M-18.41M-4.91M-3.25M-27.42M-24.55M
Operating Cash Flow-18.41M-18.41M-4.91M-3.25M-27.42M-22.23M
Investing Cash Flow80.00K80.00K36.00K-54.00K-132.00K-2.31M
Financing Cash Flow3.47M3.47M-1.88M-2.03M1.52M55.81M

Suncorp Technologies Technical Analysis

Technical Analysis SentimentNegative
Last Price0.22

Price Trends

50DMA0.29Negative
100DMA0.29Negative
200DMA0.40Negative

Market Momentum

MACD-0.01Positive
RSI32.75Neutral
STOCH35.30Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1063, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.27, below the 50-day MA of 0.29, and below the 200-day MA of 0.40, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 32.75 is Neutral, neither overbought nor oversold. The STOCH value of 35.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1063.

Suncorp Technologies Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:1063 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:0630HK:063067NeutralHKD 157.71M1.9268.66%―77.70%272.14%
HK:1063HK:106364NeutralHKD 70.46M2.8010.30%―24.22%64.66%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
HK:0025HK:002563NeutralHKD 1.36B3.234.37%6.67%-11.27%―
HK:0118HK:011858NeutralHKD 139.63M9.331.22%―16.04%67.59%
HK:2182HK:218252NeutralHKD 300.70M-8.32-4.82%―-22.56%-108.96%
HK:0689HK:068937UnderperformHKD 185.77M-13.97-4.03%―-7.84%-264.60%

* Industrials Sector Average

Performance Comparison

0%100%200%HK:1063HK:0630HK:0025HK:0118HK:2182HK:0689Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
HK:1063 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1063Suncorp Technologies0.22-0.35-61.39%
HK:0630AMCO United Holding 0.19-0.11-37.67%
HK:0025Chevalier International Holdings Limited4.500.8623.52%
HK:0118Cosmos Machinery Enterprises Limited0.17-0.07-30.00%
HK:2182Tian Chang Group Holdings Ltd.0.480.1756.45%
HK:0689EPI (Holdings) Limited0.10-0.01-12.07%

Suncorp Technologies Corporate Events

SunCorp Details Rationale Behind Disposal of BFB Health Shares

Sep 24, 2026

SunCorp Technologies has provided additional details on its previously announced disposal of listed securities in BFB Health, clarifying that the transaction terms were negotiated on an arm’s length basis and under normal commercial conditions....

SunCorp Sells Entire BFB Health Stake in Portfolio Rebalancing Move

Sep 8, 2026

SunCorp Technologies has disposed of its entire holding of 29,580,000 shares in BFB Health for HK$12.7 million in cash, at an average price of about HK$0.43 per share, representing a discount to recent market prices. The sale qualifies as a disclosea...

SunCorp Technologies Posts Higher Revenue but Lower Profit in 2026 Interim Results

Aug 25, 2026

SunCorp Technologies has reported unaudited consolidated interim results for the six months ended 30 June 2026, posting revenue of HK$33.08 million, up from HK$25.17 million a year earlier, and a gross profit of HK$7.62 million. Profit and total comp...

SunCorp Technologies Sets Board Meeting to Review Interim Results and Possible Dividend

Aug 13, 2026

SunCorp Technologies has scheduled a board meeting for 25 August 2026 to review and approve the group’s unaudited consolidated interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim div...

SunCorp Technologies Shareholders Approve Share Consolidation at Special Meeting

Aug 3, 2026

SunCorp Technologies shareholders have overwhelmingly approved a share consolidation at a special general meeting held on 3 August 2026, with 99.93% of votes cast in favour and no reported restrictions or abstentions. The poll, independently scrutini...

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: Oct 29, 2026