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LX Technology Group Limited (HK:2436)
:2436
Hong Kong Market
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LX Technology Group Limited (2436) AI Stock Analysis

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HK:2436

LX Technology Group Limited

(2436)

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Neutral 56 (OpenAI - Gpt-5.6Sol)
Rating:56Neutral
Price Target:
HK$19.00
▲(313.04% Upside)
Action:Reiterated
Date:08/22/26
The score is held back primarily by mixed financial quality (thin profitability, declining revenue, and elevated leverage), partially offset by strong recent technical momentum. Valuation is a major negative due to the extremely high P/E and lack of dividend yield data.
Positive Factors
Return to Profitability
Returning to profitability after losses in 2023–2024 indicates that the operating model has regained some earnings capacity. Although the margin is still thin, positive operating profit provides a foundation for further improvement if revenue stability and cost discipline are maintained.
Negative Factors
Revenue Decline
The revenue contraction signals pressure on demand or business activity and makes the profitability recovery less durable. Without renewed top-line growth, fixed costs can remain harder to absorb, limiting operating leverage and the company’s ability to expand earnings over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Return to Profitability
Returning to profitability after losses in 2023–2024 indicates that the operating model has regained some earnings capacity. Although the margin is still thin, positive operating profit provides a foundation for further improvement if revenue stability and cost discipline are maintained.
Read all positive factors

LX Technology Group Limited (2436) vs. iShares MSCI Hong Kong ETF (EWH)

LX Technology Group Limited Business Overview & Revenue Model

Company Description
LX Technology Group Limited, a China-based enterprise established in 2004, delivers end-to-end device lifecycle management solutions. Headquartered in Shenzhen, People's Republic of China, its operations are divided into two main areas: Recycling ...

LX Technology Group Limited Financial Statement Overview

Summary
Financials are improving but still fragile. The company returned to a small profit in 2025 (net margin ~0.6%) with positive operating profit and a sharp rebound in operating cash flow/free cash flow. Offsetting this, revenue declined ~8.5% in 2025, margins remain thin versus 2022, leverage is elevated (debt a little over 1.1x equity), and ROE is low (~1.8%), limiting financial flexibility.
Income Statement
52
Neutral
Balance Sheet
45
Neutral
Cash Flow
56
Neutral
BreakdownDec 2025Dec 2024Dec 2023Jun 2023Dec 2021
Income Statement
Total Revenue2.39B2.37B1.79B1.66B1.33B
Gross Profit248.13M196.40M147.63M199.28M193.14M
EBITDA277.58M179.72M183.45M374.82M-216.63M
Net Income13.54M-56.95M-131.27M99.95M-448.70M
Balance Sheet
Total Assets1.82B1.72B1.68B1.56B1.18B
Cash, Cash Equivalents and Short-Term Investments673.15M402.37M460.23M457.08M118.55M
Total Debt861.91M821.63M710.29M563.83M1.68B
Total Liabilities1.08B1.01B941.29M753.55M1.81B
Stockholders Equity746.25M714.27M736.57M807.31M-630.22M
Cash Flow
Free Cash Flow166.88M-247.24M-159.51M14.19M-162.53M
Operating Cash Flow449.72M51.42M164.49M342.36M278.78M
Investing Cash Flow-239.18M-222.60M-28.84M-597.92M-450.97M
Financing Cash Flow-31.40M59.13M96.70M287.46M210.37M

LX Technology Group Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price4.60
Price Trends
50DMA
20.08
Negative
100DMA
20.38
Negative
200DMA
14.92
Positive
Market Momentum
MACD
-0.49
Positive
RSI
40.08
Neutral
STOCH
9.44
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2436, the sentiment is Neutral. The current price of 4.6 is below the 20-day moving average (MA) of 20.25, below the 50-day MA of 20.08, and below the 200-day MA of 14.92, indicating a neutral trend. The MACD of -0.49 indicates Positive momentum. The RSI at 40.08 is Neutral, neither overbought nor oversold. The STOCH value of 9.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2436.

LX Technology Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
56
Neutral
HK$6.50B176.483.98%-4.33%
43
Neutral
HK$747.00M-6.26-32.24%2.94%5.37%-206.61%
42
Neutral
HK$2.08B-1.71-29.05%3.94%-2.67%-127.19%
39
Underperform
HK$41.85M-0.44-270.79%1.02%-26.68%-37.04%
34
Underperform
HK$464.39M-19.73-17.54%3.45%-4.56%14.91%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2436
LX Technology Group Limited
18.64
13.70
277.33%
HK:1079
Pine Technology Holdings Limited
0.22
-0.12
-35.63%
HK:3336
Ju Teng International Holdings Limited
2.48
1.28
106.67%
HK:8159
Glory Mark Hi-Tech (Holdings) Ltd
0.07
-0.03
-28.00%
HK:6939
MEGAIN Holding (Cayman) Co. Ltd.
1.21
0.75
161.96%
HK:6600
OneRobotics (Shenzhen) Co., Ltd. Class H
46.08
-27.77
-37.60%

LX Technology Group Limited Corporate Events

LX Technology Profit Surges as Computing Power Business Takes Lead
Aug 27, 2026
LX Technology Group Limited reported a sharp improvement in interim profitability for the six months ended 30 June 2026, as gross profit rose 77.4% year-on-year to RMB180.8 million and net profit more than tripled to RMB20.6 million. Adjusted prof...
LX Technology Flags 300% Interim Profit Surge on AI Computing Demand
Aug 17, 2026
LX Technology Group Limited has issued a positive profit alert, indicating that net profit for the six months ended 30 June 2026 is expected to surge to about RMB20.0 million, a roughly 300% increase from the previous year, while gross profit is f...
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 22, 2026