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D&G Technology Holding Company Limited (HK:1301)
:1301
Hong Kong Market
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D&G Technology Holding Company Limited (1301) AI Stock Analysis

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HK:1301

D&G Technology Holding Company Limited

(1301)

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Neutral 45 (OpenAI - Gpt-5.6Sol)
Rating:45Neutral
Price Target:
HK$0.29
â–¼(-18.61% Downside)
Action:Reiterated
Date:08/08/26
The score is primarily constrained by weak financial performance—especially repeated negative operating/free cash flow and a return to losses in 2025—despite a strong, low-debt balance sheet. Technicals are neutral-to-soft with price below key moving averages, only partly offset by oversold signals. Valuation provides limited support because earnings are negative and no dividend yield is available.
Positive Factors
Conservative balance sheet
Conservative financing and a substantial equity cushion reduce balance-sheet pressure and provide resilience through project-cycle volatility. This financial capacity may also preserve room to support operations or pursue growth, even though recent returns have not consistently converted the capital base into profits.
Negative Factors
Persistent negative cash generation
Negative operating and free cash flow in the two most recent years indicates that reported activity is not converting reliably into cash. Continued cash consumption can create funding needs, reduce flexibility for investment, and increase execution risk if project timing or profitability remains weak.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Conservative financing and a substantial equity cushion reduce balance-sheet pressure and provide resilience through project-cycle volatility. This financial capacity may also preserve room to support operations or pursue growth, even though recent returns have not consistently converted the capital base into profits.
Read all positive factors

D&G Technology Holding Company Limited (1301) vs. iShares MSCI Hong Kong ETF (EWH)

D&G Technology Holding Company Limited Business Overview & Revenue Model

Company Description
A subsidiary of Prima Dg Investment Holding Company Limited, D&G Technology Holding Company Limited engages in the full spectrum of activities related to asphalt mixing plants. This encompasses the research, development, manufacturing, sales, and ...
How the Company Makes Money
The company makes money mainly by selling asphalt mixing plants and related road-construction equipment to customers (e.g., contractors or entities responsible for road and infrastructure works). Revenue is typically recognized from equipment sale...

D&G Technology Holding Company Limited Financial Statement Overview

Summary
Fundamentals are held back by weak earnings quality and cash conversion. The income statement is below average (score 38) with inconsistent profitability and a return to net loss in 2025, while cash flow is a major red flag (score 27) with negative operating and free cash flow in 2024–2025. The balance sheet is a clear positive (score 78) with low leverage and a strong equity base, but it has not translated into consistent returns.
Income Statement
38
Negative
Balance Sheet
78
Positive
Cash Flow
27
Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue377.31M370.56M277.86M345.39M429.20M
Gross Profit127.76M123.88M85.26M103.86M140.42M
EBITDA-18.37M3.89M-9.62M-53.49M6.77M
Net Income-15.98M4.41M-23.86M-40.79M10.66M
Balance Sheet
Total Assets740.69M737.68M777.13M858.10M919.63M
Cash, Cash Equivalents and Short-Term Investments44.47M48.93M181.41M199.94M199.64M
Total Debt43.94M1.28M2.47M13.84M21.99M
Total Liabilities196.21M172.40M173.60M232.36M252.44M
Stockholders Equity544.48M565.28M603.52M625.74M667.19M
Cash Flow
Free Cash Flow-20.72M-89.42M-52.98M9.85M-3.83M
Operating Cash Flow-12.95M-87.55M-52.15M12.48M2.65M
Investing Cash Flow-7.81M21.72M6.13M3.22M10.73M
Financing Cash Flow-4.24M-47.58M7.14M-19.35M213.00K

D&G Technology Holding Company Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.36
Price Trends
50DMA
0.33
Negative
100DMA
0.33
Negative
200DMA
0.35
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
51.65
Neutral
STOCH
42.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1301, the sentiment is Neutral. The current price of 0.36 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.33, and above the 200-day MA of 0.35, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.65 is Neutral, neither overbought nor oversold. The STOCH value of 42.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1301.

D&G Technology Holding Company Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
84
Outperform
HK$1.80B3.8815.72%11.81%-12.79%-0.62%
75
Outperform
HK$373.50M3.1913.15%24.10%-31.57%-12.77%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
52
Neutral
HK$142.78M-2.38-2.95%4.17%-24.47%-220.53%
45
Neutral
HK$203.77M-13.44-2.20%7.89%-8.16%-273.00%
42
Neutral
HK$56.80B102.340.42%4.56%-17.13%-88.69%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1301
D&G Technology Holding Company Limited
0.30
-0.28
-48.28%
HK:0240
Build King Holdings
1.44
0.23
19.19%
HK:1618
Metallurgical Corporation of China Ltd. Class H
1.39
-0.89
-39.25%
HK:0385
Chinney Alliance Group Limited
0.24
-0.15
-38.62%
HK:1408
Macau E&M Holding Limited
0.37
0.19
110.98%
HK:1556
Chinney Kin Wing Holdings Limited
0.25
-0.07
-22.19%

D&G Technology Holding Company Limited Corporate Events

D&G Technology Shifts Hong Kong Share Registrar to Union Registrars
Sep 2, 2026
DG Technology Holding Company Limited has announced a change to its Hong Kong Branch Share Registrar and Transfer Office, appointing Union Registrars Limited as the new provider with effect from 24 September 2026. From that date, all applications ...
D&G Technology Returns to Profit on Higher Revenue and Cost Controls in First Half 2026
Aug 28, 2026
DG Technology Holding Company Limited reported unaudited interim results for the six months ended 30 June 2026 showing a modest recovery in profitability. Revenue rose to RMB230.3 million from RMB215.1 million a year earlier, while the Group swung...
D&G Technology Sets August Board Meeting to Approve Interim Results and Dividend Plan
Aug 14, 2026
DG Technology Holding Company Limited, a Cayman Islands-incorporated issuer listed on the Hong Kong Stock Exchange under stock code 1301, operates through a group of subsidiaries under the oversight of a mixed board of executive, non-executive and...
D&G Technology Seeks to Replace PwC With Deloitte as External Auditor
Aug 3, 2026
DG Technology Holding Company Limited plans to rotate its external auditor, proposing the removal of long-time auditor PricewaterhouseCoopers and the appointment of Deloitte Touche Tohmatsu, subject to shareholder approval at an extraordinary gene...
D&G Technology Grants 41 Million Share Options Under New Incentive Scheme
Jul 22, 2026
DG Technology Holding Company Limited has approved the grant of 41,297,456 share options to 93 grantees, including company directors, subsidiary directors and group employees, under its recently adopted share option scheme. The options carry a sub...
D&G Technology Shareholders Approve All AGM Resolutions and New Option Scheme
Jun 18, 2026
Shareholders of DG Technology Holding Company Limited approved all resolutions at the 18 June 2026 annual general meeting, endorsing the 2025 audited accounts and re-electing executive directors Derek Choi Hon Ting and Liu Tom Jing-zhi, along with...
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 08, 2026