Shenghua Lande Scitech Limited Class H (8106) AI Stock Analysis

Shenghua Lande Scitech Limited Class H

(HKEX:8106)

Select Model

Rating:50Neutral

Price Target:HKD 0.24▲(0.00% Upside)

Action:reiterated

Date:09/10/26

The score is driven primarily by improving fundamentals (strong revenue growth and a return to profitability) but held back materially by weak cash conversion (negative operating/free cash flow) and increased leverage. Technicals add a modest drag as the stock trades below key moving averages with subdued momentum, while valuation appears mid-range at a 22.81 P/E without a stated dividend yield.

Positive Factors

Revenue GrowthTTM revenue reached 338.2M, up 37.3%, with positive operating profit, marking a clear recovery from prior losses. This stronger scale and restored operating earnings can support reinvestment and improve the company’s ability to build sustainable earnings over the next several quarters.

Negative Factors

Weak Cash ConversionNegative operating cash flow and free cash flow despite positive earnings show that reported profitability is not yet converting into cash. Continued cash burn can increase reliance on external funding, restrict investment flexibility, and make the recent earnings recovery less durable if the pattern persists.

Shenghua Lande Scitech Limited Class H (8106) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 134.12M
Dividend Yield: ―
Average Volume (3M): 119.76K
Price to Earnings (P/E): 13.9
Beta (1Y): -0.55
Revenue Growth: 19.46%
EPS Growth: 310.34%
Country: Hong Kong
Employees: 76
Sector: Technology
Sector Strength: 61
Industry: Information Technology Services

Shenghua Lande Scitech Limited Class H Business Overview & Revenue Model

Company Description

Operating as an investment holding entity, Xinhua Lande Scitech Co., Limited specializes in the distribution of computer hardware and software throughout the People's Republic of China. The company further extends its services by offering smart city...

Shenghua Lande Scitech Limited Class H Financial Statement Overview

Summary

Operational turnaround is evident with strong TTM revenue growth (+37.3%) and a return to positive net income (7.8M). However, profitability remains thin (~1.7% net margin) with low ~11–12% gross margin, leverage has risen (debt-to-equity ~1.04), and cash generation is weak with negative operating cash flow (-12.5M) and free cash flow (-21.8M), indicating earnings are not yet converting to cash.

Income Statement

63Positive

Balance Sheet

56Neutral

Cash Flow

34Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	338.17M	230.25M	185.04M	98.09M	135.02M	206.05M
Gross Profit	40.83M	27.16M	20.83M	11.52M	15.75M	40.53M
EBITDA	14.33M	4.90M	-4.77M	-40.78M	-13.91M	9.90M
Net Income	7.80M	1.09M	-6.51M	-42.77M	-16.17M	665.00K
Balance Sheet
Total Assets	182.32M	118.92M	110.14M	87.14M	124.32M	175.47M
Cash, Cash Equivalents and Short-Term Investments	30.00M	25.24M	15.59M	17.95M	41.06M	69.42M
Total Debt	69.62M	35.04M	28.83M	11.96M	10.00M	16.09M
Total Liabilities	115.21M	70.03M	62.41M	32.90M	27.30M	69.99M
Stockholders Equity	67.11M	48.89M	47.73M	54.24M	97.01M	113.18M
Cash Flow
Free Cash Flow	-16.61M	4.80M	-16.46M	-27.94M	-41.09M	-5.72M
Operating Cash Flow	-16.60M	4.81M	-16.45M	-27.09M	-38.14M	82.00K
Investing Cash Flow	-1.43M	123.00K	120.00K	17.66M	-1.81M	-52.00K
Financing Cash Flow	41.45M	4.70M	16.61M	1.71M	21.17M	13.53M

Shenghua Lande Scitech Limited Class H Technical Analysis

Technical Analysis SentimentNegative

Last Price0.24

Price Trends

50DMA0.28Negative

100DMA0.28Negative

200DMA0.29Negative

Market Momentum

MACD-0.01Negative

RSI37.92Neutral

STOCH78.58Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8106, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.28, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 37.92 is Neutral, neither overbought nor oversold. The STOCH value of 78.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8106.

Shenghua Lande Scitech Limited Class H Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

HK:8106 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
HK:1147	61Neutral	HKD 212.67M	30.43	2.87%	1.73%	-5.85%	-93.22%
HK:1460	57Neutral	HKD 223.79M	7.75	4.89%	4.12%	4.74%	11.95%
HK:8106	50Neutral	HKD 134.12M	13.90	13.45%	―	19.46%	310.34%
HK:0046	48Neutral	HKD 286.36M	13.42	4.30%	8.90%	-4.91%	-27.51%
HK:0465	44Neutral	HKD 992.28M	-12.15	-42.58%	―	-20.17%	2.68%
HK:0092	42Neutral	HKD 128.42M	-1.02	-266.25%	―	-40.17%	-123.05%

* Technology Sector Average

Performance Comparison

HK:8106 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:8106	Shenghua Lande Scitech Limited Class H	0.24	-0.06	-20.00%
HK:0092	Champion Technology Holdings Limited	0.12	-0.07	-39.06%
HK:1147	Edensoft Holdings Limited	0.10	-0.03	-21.80%
HK:1460	ICO Group Limited	0.26	-0.05	-17.74%
HK:0046	Computer & Technologies Holdings Ltd.	1.18	-0.27	-18.84%
HK:0465	Futong Technology Development Holdings Ltd.	3.15	2.65	529.00%

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: Sep 10, 2026

Shenghua Lande Scitech Limited Class H AI Stock Analysis