Want to see HK:2889 full AI Analyst Report?
2889 Stock Chart & Stats
HK$170.20
--
Market closed
HK$170.20
--
Day’s Range― - ―
52-Week RangeHK$79.15 - HK$288.80
Previous CloseN/A
VolumeN/A
Average Volume (3M)620.98K
Market Cap
HK$15.43B
Enterprise ValueHK$19.06K
Total Cash (Recent Filing)HK$1.68B
Total Debt (Recent Filing)HK$2.25B
Price to Earnings (P/E)―
Beta1.58
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding87,712,110
10 Day Avg. Volume666,566
30 Day Avg. Volume620,980
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)12.81
Price to Sales (P/S)8.07
P/FCF Ratio-25.79
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$350.00Price Target Upside105.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Revenue Growth ReaccelerationThe return to stronger revenue growth indicates improving commercial momentum and greater market demand. If maintained, expanding sales can increase operating leverage, support investment in the platform, and provide a broader base from which future profitability may develop.
Improved LeverageLower leverage represents a meaningful balance-sheet improvement and reduces financial risk compared with 2023. A stronger capital structure can provide more flexibility to manage ongoing losses, pursue growth initiatives, and withstand periods of weaker operating performance.
Larger Equity BaseA larger equity base provides some capital support while the business works to improve earnings and cash generation. Although returns remain weak, this balance-sheet foundation is more resilient than a distressed structure and may help preserve strategic operating flexibility.
Bears Say
Persistent Cash Burn 지속Negative operating and free cash flow show that the business is not currently self-funding its operations. Continued cash burn can increase reliance on external financing, constrain investment choices, and make execution more vulnerable if losses persist over coming quarters.
Widening Operating LossesWidening operating losses indicate that stronger revenue has not yet translated into cost leverage or a sustainable earnings model. Persistent negative margins can consume capital, delay breakeven, and limit the company’s ability to fund growth from internally generated profits.
Low Margin And Negative ReturnsLow gross profitability leaves limited room to absorb operating expenses, while deeply negative return on equity shows that invested capital is not yet producing acceptable returns. Together, these factors make durable profitability dependent on substantial operational improvement.
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$79.15 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$15.43B.
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?
Currently, no data Available
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?
Currently, no data Available
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
PATEO CONNECT Technology (Shanghai) Corporation Class H Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
HK$350.00 (105.64% Upside)
HK$350.00 (105.64% Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
79.19%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
PATEO CONNECT Technology (Shanghai) Corporation Class H
PATEO CONNECT Technology (Shanghai) Corporation develops smart cockpit solutions, vehicle connectivity support services, and products for OEMs and Tier-1 suppliers in China and Hong Kong. It also develops telematics terminals and cloud platforms. The company offers automotive electronic hardware, operating system software, voice AI and map integration, TSP service operations, PaaS and SaaS cloud services for vehicle payment, communication operations, and the CASE (connected, autonomous, shared, and electric) vehicle business model. smart cockpit solutions products include T-Box, cameras, microphones, speakers, wires, and antennas. vehicle connectivity support services, include user support services which assist OEMs to provide car owners with assistance, and platform maintenance services for vehicle connectivity platforms. The company has a strategic collaboration with Shanghai Jiao Tong University for the development of AI-based operating systems and embodied intelligence technologies. PATEO CONNECT Technology (Shanghai) Corporation was formerly known as Shanghai Pateo Electronic Equipment Manufacturing Co., Ltd. and changed its name to PATEO CONNECT Technology (Shanghai) Corporation in December 2021. PATEO CONNECT Technology (Shanghai) Corporation was founded in 2009 and is based in Shanghai, China.
PATEO CONNECT Technology (Shanghai) Corporation Class H (2889) Earnings & Revenues
2889 Stock 12 Month Forecast
Average Price Target
HK$350.00
▲(105.64% Upside)
Technical Analysis
Q Technology (Group) Co
―
Sunny Optical Technology (Group) Co
―
TCL Electronics Holdings
―
Pangaea Connectivity Technology Limited
―
SenseTime Group, Inc. Class B
―





