Group 1: Company Overview - Liancheng Technology Group Limited, established in 2006, is a financial trading solutions provider based in Hong Kong, primarily serving financial institutions in the Asia-Pacific region [2] - The company focuses on developing and providing financial trading solutions for over-the-counter trading, exchange trading, and fund management for financial institutions [2] - Liancheng's solutions are mostly developed in-house and are typically packaged solutions that can be highly configurable to meet diverse client needs [2] Group 2: Financial Performance - As of September 30, 2024, Liancheng Technology Group reported total revenue of 8.3046 million, a year-on-year decrease of 35.25% [1] - The company recorded a net profit attributable to shareholders of -6.0781 million, an increase of 47.87% year-on-year [1] - The gross margin stood at 87.48%, with a low debt-to-asset ratio of 5.08% [1] Group 3: Market Performance - On April 14, the Hang Seng Index rose by 2.4%, closing at 21,417.4 points, while Liancheng's stock price increased by 19.51% to 0.98 HKD per share [1] - Over the past month, Liancheng's stock has surged by 70.83%, and since the beginning of the year, it has skyrocketed by 1414.55%, outperforming the Hang Seng Index's 4.26% increase [1] - Currently, there are no institutional investment ratings for Liancheng's stock [1] Group 4: Industry Valuation - The average price-to-earnings (P/E) ratio for the software services industry is -2.5 times, with a median of -1.63 times [1] - Liancheng's P/E ratio is -19.54 times, ranking 83rd in the industry [1] - Comparatively, other companies in the industry have P/E ratios ranging from 2.85 times to 4.78 times [1]
连成科技集团(08635.HK)4月14日收盘上涨19.51%,成交823.36万港元