Skip to main content

Go Premium in Our Biggest Sale Ever

UPGRADE NOW
TipRanks
Go Ultimate75% OFF

PATEO CONNECT Technology (Shanghai) Corporation Class H (2889) Stock Price & Analysis

2 Followers

2889 Stock Chart & Stats

HK$54.00-HK$2.00(-3.57%)
At close: 4:00 PM GMT+8
HK$50HK$100HK$150Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
HKD 53.05 - HKD 56.35
52-Week Range
HKD 41.58 - HKD 288.80
Previous Close
HKD 56.00
Volume
N/A
Average Volume (3M)
611.84K
Market Cap
HKD 9.34B
Enterprise Value
HKD 19.06B
Total Cash (Recent Filing)
HKD 1.74B
Total Debt (Recent Filing)
HKD 3.05B
Price to Earnings (P/E)
―
Beta
1.87
Next Earnings
N/A
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Accelerating Revenue Growth

The sharp improvement in revenue growth indicates stronger demand for the company’s connected-vehicle offerings and a broader commercial opportunity. If maintained, higher growth can expand the installed customer base and create operating leverage over the next several quarters.

Improved Leverage

Leverage has improved materially from 2023, reducing balance-sheet pressure relative to the company’s prior position. This provides somewhat more financial flexibility while the business works to improve profitability, although ongoing losses still limit the strength of this advantage.

Integrated Connected-Vehicle Platform

PATEO’s combination of hardware, software, connectivity, and platform capabilities gives it a broad role in the intelligent-vehicle ecosystem. An integrated offering can deepen automaker relationships and support recurring adoption as connected and smart-vehicle features expand.

Bears Say

Widening Operating And Net Losses

Revenue growth has not yet translated into cost leverage, as operating losses widened substantially and net losses also increased. Persistent unprofitability limits internally funded investment, weakens financial resilience, and makes the company’s earnings recovery dependent on future execution.

Persistent Free Cash Flow Burn

Continued negative operating cash flow and worsening free cash flow indicate that the business is not yet self-funding. Ongoing cash burn can increase dependence on external financing, constrain strategic investment, and raise the risk that growth requires additional capital.

Negative Returns And Meaningful Leverage

Very negative returns on equity show that the current capital base is not producing adequate earnings, while meaningful leverage adds obligations during a loss-making period. Together, these factors reduce capital efficiency and leave less room for operational setbacks or prolonged investment needs.

PATEO CONNECT Technology (Shanghai) Corporation Class H News

2889 FAQ

What was PATEO CONNECT Technology (Shanghai) Corporation Class H’s price range in the past 12 months?
PATEO CONNECT Technology (Shanghai) Corporation Class H lowest stock price was HK$41.58 and its highest was HK$288.80 in the past 12 months.
What is PATEO CONNECT Technology (Shanghai) Corporation Class H’s market cap?
PATEO CONNECT Technology (Shanghai) Corporation Class H’s market cap is HK$9.34B.
When is PATEO CONNECT Technology (Shanghai) Corporation Class H’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were PATEO CONNECT Technology (Shanghai) Corporation Class H’s earnings last quarter?
PATEO CONNECT Technology (Shanghai) Corporation Class H released its earnings results on Aug 31, 2026. The company reported -HK$2.333 earnings per share for the quarter.
Is PATEO CONNECT Technology (Shanghai) Corporation Class H overvalued?
According to Wall Street analysts PATEO CONNECT Technology (Shanghai) Corporation Class H’s price is currently Undervalued.
Does PATEO CONNECT Technology (Shanghai) Corporation Class H pay dividends?
PATEO CONNECT Technology (Shanghai) Corporation Class H does not currently pay dividends.
What is PATEO CONNECT Technology (Shanghai) Corporation Class H’s EPS estimate?
PATEO CONNECT Technology (Shanghai) Corporation Class H’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does PATEO CONNECT Technology (Shanghai) Corporation Class H have?
PATEO CONNECT Technology (Shanghai) Corporation Class H has 87,712,110 shares outstanding.
What happened to PATEO CONNECT Technology (Shanghai) Corporation Class H’s price movement after its last earnings report?
PATEO CONNECT Technology (Shanghai) Corporation Class H reported an EPS of -HK$2.333 in its last earnings report. Following the earnings report the stock price went down -0.562%.
Which hedge fund is a major shareholder of PATEO CONNECT Technology (Shanghai) Corporation Class H?
Currently, no hedge funds are holding shares in HK:2889
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology