Group 1 - The company Siwei Technology (01202.HK) issued a positive profit forecast on February 12, 2026, expecting a net profit attributable to shareholders of approximately 2.98 million, a significant increase from 1.15 million in the fiscal year 2024 [1] - Despite the expected annual profit growth, the company's interim report for 2025 indicated a net profit of only 420,900, a year-on-year decline of 81.41%, and a significant drop in operating cash flow by 95.94% [1] - The anticipated growth is primarily driven by increased sales of fiber and cable components, but concerns exist regarding the sustainability of this growth due to a decline in the cable business market and delays in major client tenders [1] Group 2 - The stock price of Siwei Technology had already experienced fluctuations prior to the earnings forecast, with a cumulative increase of 29.21% from the beginning of 2026 to February 20, but a recent volatility of 7.20% was noted [2] - Technical indicators suggest a weakening short-term momentum, as evidenced by the MACD histogram turning negative [2] - The company reported a cumulative loss of 272 million as of the end of 2024, and while a proposal to use capital reserves to offset losses was made, the long-term stability of profitability remains uncertain [3] Group 3 - The telecommunications infrastructure sector, to which Siwei Technology belongs, experienced a decline of 2.81% over the past five days, mirroring a 2.83% drop in the Hang Seng Index [4] - The overall weakness in the sector may amplify individual stock volatility, particularly for smaller market capitalization stocks like Siwei Technology, which has a total market value of approximately 460 million HKD and low liquidity [4]
四威科技业绩预增股价反跌，市场担忧增长持续性