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Platt Nera International Limited
(1949)
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Rating:47Neutral
Price Target:
HK$0.57
▼(-23.87% Downside)
Action:Reiterated
Date:10/03/26
The score is held down primarily by weak financial performance driven by persistent losses and continued cash burn. Technicals provide a modest offset with improving price trend and positive MACD, but valuation remains challenging to assess given the negative P/E and no dividend yield data.
Positive Factors
2025 Revenue Rebound
The sharp 2025 revenue rebound indicates the company retained some ability to restore business activity after a difficult prior year. If sustained, renewed top-line scale could improve operating leverage, support reinvestment, and provide a base for rebuilding earnings over the next several quarters.
Negative Factors
Persistent Losses
Repeated losses and deeply negative operating and net margins show that the company has not established dependable earnings power. This weak profitability can restrict internal funding, reduce resilience during weaker periods, and make sustained investment in growth more difficult over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
2025 Revenue Rebound
The sharp 2025 revenue rebound indicates the company retained some ability to restore business activity after a difficult prior year. If sustained, renewed top-line scale could improve operating leverage, support reinvestment, and provide a base for rebuilding earnings over the next several quarters.
Read all positive factors
Platt Nera International Limited (1949) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$133.63M
Dividend YieldN/A
Average Volume (3M)220.09K
Price to Earnings (P/E)―
Beta (1Y)1.94
Revenue Growth620.72%
EPS Growth85.72%
CountryHK
Employees56
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)-0.37
Shares Outstanding230,400,000
10 Day Avg. Volume488,240
30 Day Avg. Volume220,086
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)1.45
Price to Sales (P/S)1.27
P/FCF Ratio-5.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Platt Nera International Limited Business Overview & Revenue Model
Company Description
Platt Nera International Limited, an investment holding enterprise, specializes in offering IT solutions and services across Thailand. The company serves diverse sectors, including banking, finance, government administration, telecommunications, a...
Platt Nera International Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 499.12M | 381.06M | 109.07M | 484.76M | 269.59M | 337.54M |
| Gross Profit | 110.18M | 85.64M | 24.00M | 88.89M | -35.19M | 37.28M |
| EBITDA | -7.12M | -37.03M | -27.91M | 27.54M | -60.27M | 14.46M |
| Net Income | -65.74M | -106.33M | -286.08M | 7.89M | -84.02M | -29.34M |
Balance Sheet | ||||||
| Total Assets | 1.23B | 1.10B | 1.24B | 1.63B | 1.68B | 1.93B |
| Cash, Cash Equivalents and Short-Term Investments | 91.50M | 166.47M | 145.28M | 92.80M | 26.31M | 62.14M |
| Total Debt | 338.49M | 308.65M | 343.76M | 424.44M | 395.42M | 300.19M |
| Total Liabilities | 899.84M | 769.87M | 872.61M | 1.16B | 1.29B | 1.46B |
| Stockholders Equity | 327.36M | 333.67M | 327.55M | 477.49M | 386.18M | 470.20M |
Cash Flow | ||||||
| Free Cash Flow | -245.72M | -96.44M | -2.74M | -98.65M | -186.45M | -102.55M |
| Operating Cash Flow | -241.37M | -90.67M | 7.97M | -98.63M | -186.01M | -102.17M |
| Investing Cash Flow | 53.86M | 48.15M | 65.92M | -78.02M | -439.00K | -18.14M |
| Financing Cash Flow | 129.69M | 94.93M | -10.38M | 152.40M | 142.01M | -3.71M |
Platt Nera International Limited Technical Analysis
Negative
0.75
Price Trends
0.63
Negative
0.59
Negative
0.65
Negative
Market Momentum
-0.02
Positive
39.35
Neutral
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1949, the sentiment is Negative. The current price of 0.75 is above the 20-day moving average (MA) of 0.64, above the 50-day MA of 0.63, and above the 200-day MA of 0.65, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.35 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1949.
Platt Nera International Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | HK$322.00M | 7.77 | 35.60% | 22.39% | -21.68% | -55.57% | |
62 Neutral | HK$504.27M | 5.47 | 6.36% | 4.56% | 8.36% | 286.36% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | HK$604.39M | -2.38 | -11.90% | 4.17% | 4.44% | -266.43% | |
48 Neutral | HK$1.32B | 47.25 | 4.47% | ― | 74.82% | 57.99% | |
47 Neutral | HK$133.63M | -6.81 | -19.89% | ― | 620.72% | 85.72% | |
42 Neutral | HK$128.42M | -1.02 | -266.25% | 5.33% | -40.17% | -123.05% |
* Technology Sector Average
HK:1949
Platt Nera International Limited
0.58
-0.32
-35.56%
HK:0092
Champion Technology Holdings
0.12
-0.08
-39.06%
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CCID Consulting Co. Ltd. Class H
0.46
-1.04
-69.25%
HK:1075
Capinfo Co., Ltd. Class H
1.74
-1.40
-44.60%
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Automated Systems Holdings Limited
0.72
-0.05
-6.98%
HK:2512
Cloud Factory Technology Holdings Limited
2.60
-1.00
-27.78%
Platt Nera International Limited Corporate Events
Platt Nera reshapes board as new independent director bolsters governance oversight
Oct 30, 2026
Platt Nera International Limited has announced the resignation of independent non-executive director Mr. Cheung Pan, who is stepping down from the board and relinquishing his roles as chair of the nomination committee and member of the audit and r...
Platt Nera Sets Out Board and Committee Structure
Oct 30, 2026
Platt Nera International Limited has detailed the current composition of its board of directors, naming three executive directors and three independent non-executive directors, with Chairman and Chief Executive Officer Mr. Prapan Asvaplungprohm at...
Platt Nera boosts computing power with RMB8.8m GPU acquisition
Sep 14, 2026
Platt Nera International Limited has moved to strengthen its computing capacity with the purchase of 128 high-performance GPU units for a total consideration of RMB8.81 million. The deal, funded entirely from internal resources, suggests the group...
Platt Nera Narrows Loss as New Thai Power Projects Drive Revenue Surge
Aug 28, 2026
Platt Nera International Limited, incorporated in the Cayman Islands and listed in Hong Kong under stock code 1949, operates in the engineering and infrastructure services sector. The group focuses on power-related projects, including work for Tha...
Platt Nera Sets Board Meeting to Approve 2026 Interim Results and Consider Dividend
Aug 11, 2026
Platt Nera International Limited has scheduled a board meeting for 28 August 2026 to review and approve the group’s unaudited interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim d...
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.