Chengdu Putian Telecommunications Cable Co., Ltd. Class H (1202) AI Stock Analysis

Chengdu Putian Telecommunications Cable Co., Ltd. Class H

(HKEX:1202)

Select Model

Rating:55Neutral

Price Target:HKD 1.50▲(18.11% Upside)

Action:reiterated

Date:10/28/26

The score is primarily supported by a strong, low-leverage balance sheet and a relatively modest P/E ratio. These positives are outweighed by fragile profitability, unreliable cash generation, and clearly weak technical momentum.

Positive Factors

Conservative Balance SheetEssentially debt-free financing reduces interest and refinancing exposure, while the substantial equity base provides resilience through operating volatility. This financial flexibility can support continued operations and selective investment without the constraints typically created by heavy leverage.

Negative Factors

Weak Operating ProfitabilityNegative operating profit and sub-1% net margins show that revenue is not translating into durable earnings. This weak conversion limits internally generated capital, leaves little cushion for cost pressure, and makes sustained improvement dependent on restoring operating efficiency.

Chengdu Putian Telecommunications Cable Co., Ltd. Class H (1202) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 508.00M
Dividend Yield: 0.91%
Average Volume (3M): 138.94K
Price to Earnings (P/E): 10.1
Beta (1Y): 0.11
Revenue Growth: 87.07%
EPS Growth: ―
Country: Hong Kong
Employees: 420
Sector: Technology
Sector Strength: 61
Industry: Communication Equipment

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Chengdu SIWI Science and Technology Company Limited, operating alongside its affiliates, specializes in the production and distribution of telecommunications cables within mainland China. Its operations are segmented into three primary divisions: cop...

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Financial Statement Overview

Summary

The company has recovered from substantial earlier losses to modest profitability and maintains a strong, low-debt balance sheet. However, profitability remains thin and cash flow is volatile, with frequent negative free cash flow.

Income Statement

56Neutral

Balance Sheet

73Positive

Cash Flow

41Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	542.58M	366.04M	302.07M	403.64M	304.01M	300.42M
Gross Profit	167.36M	67.86M	62.13M	80.32M	63.42M	27.80M
EBITDA	96.93M	13.77M	13.94M	10.65M	18.10M	-46.50M
Net Income	43.53M	2.98M	1.15M	2.77M	-2.22M	-52.27M
Balance Sheet
Total Assets	1.20B	1.04B	1.00B	995.77M	1.02B	1.00B
Cash, Cash Equivalents and Short-Term Investments	605.92M	371.59M	440.79M	373.61M	485.37M	478.37M
Total Debt	0	8.71M	4.22M	4.63M	4.82M	5.12M
Total Liabilities	254.90M	171.67M	137.86M	130.69M	174.41M	165.75M
Stockholders Equity	822.71M	781.72M	778.34M	776.65M	755.85M	754.88M
Cash Flow
Free Cash Flow	180.54M	-63.63M	65.90M	-133.25M	-24.20M	47.54M
Operating Cash Flow	194.71M	-45.65M	86.13M	-120.21M	-22.66M	48.48M
Investing Cash Flow	-14.11M	-17.92M	-18.36M	15.03M	29.85M	15.99M
Financing Cash Flow	-5.48M	-3.95M	-512.44K	-531.40K	-502.97K	-546.84K

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Technical Analysis

Technical Analysis SentimentNegative

Last Price1.27

Price Trends

50DMA1.46Negative

100DMA1.48Negative

200DMA1.39Negative

Market Momentum

MACD-0.06Positive

RSI36.10Neutral

STOCH26.84Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1202, the sentiment is Negative. The current price of 1.27 is below the 20-day moving average (MA) of 1.38, below the 50-day MA of 1.46, and below the 200-day MA of 1.39, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 36.10 is Neutral, neither overbought nor oversold. The STOCH value of 26.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1202.

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

HK:1202 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:6869	70Outperform	HKD 161.46B	59.64	46.04%	1.63%	77.21%	1009.34%
HK:1473	66Neutral	HKD 1.42B	32.09	14.03%	1.25%	4.77%	19.94%
HK:1617	62Neutral	HKD 307.36M	6.17	4.88%	―	11.57%	-26.37%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
HK:1720	58Neutral	HKD 250.80M	3.50	9.43%	―	42.78%	197.12%
HK:1202	55Neutral	HKD 508.00M	10.13	5.43%	0.91%	87.07%	―
HK:9963	42Neutral	HKD 3.66B	-49.74	-14.47%	―	76.36%	48.06%

* Technology Sector Average

Performance Comparison

HK:1202 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:1202	Chengdu Putian Telecommunications Cable Co., Ltd. Class H	1.27	0.39	43.83%
HK:6869	Yangtze Optical Fibre and Cable Joint Stock Co Class H	96.15	60.62	170.62%
HK:1720	Putian Communication Group Limited	0.23	0.11	96.55%
HK:9963	Transtech Optelecom Science Holdings Limited	9.45	9.03	2150.00%
HK:1473	Pangaea Connectivity Technology Limited	1.20	0.79	189.86%
HK:1617	Nanfang Communication Holdings Ltd.	0.19	0.08	71.82%

Chengdu Putian Telecommunications Cable Co., Ltd. Class H Corporate Events

Chengdu SIWI Drops Plan to Sell Putian New Material After Tender Draws No Bids

Aug 28, 2026

Chengdu SIWI Science and Technology Company Limited has decided to terminate its previously announced plan to dispose of 100% of its equity interest in subsidiary Putian New Material through a public tender process in mainland China. The tender was i...

Chengdu SIWI Posts Surging Interim Revenue on Optical Product Growth

Aug 26, 2026

Chengdu SIWI Science and Technology Company Limited reported a sharp rise in interim revenue and profitability for the six months ended 30 June 2026, highlighting strong momentum in its optical products operations. Total operating revenue more than d...

Chengdu SIWI Schedules Board Meeting to Approve Interim Results

Aug 14, 2026

Chengdu SIWI Science and Technology Company Limited, a sino-foreign joint stock company based in Chengdu’s Hi-tech Development Zone and listed on the Hong Kong Stock Exchange, operates in the science and technology sector through its subsidiari...

Chengdu SIWI forecasts profit surge on AI data center fiber demand

Jul 29, 2026

Chengdu SIWI Science and Technology Company Limited has alerted investors to a sharp improvement in interim profitability, driven by surging demand for optical fibers from AI data center applications. Based on unaudited management accounts for the si...

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 28, 2026

Chengdu Putian Telecommunications Cable Co., Ltd. Class H AI Stock Analysis