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MOBI Development Co., Ltd. logo

MOBI Development Co., Ltd.

0947.HK

HKSETechnologyCommunication Equipment

Open in GoAI

Latest quote

HK$0.165

HK$0.00 · 0.00%

Aug 24, 11:33 AM HKT

0947.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

MOBI Development Co., Ltd. operates as an investment holding enterprise, specializing in the research, design, development, manufacturing, marketing, and sale of wireless communication antennas, base station radio frequency subsystems and related solutions, and coverage extension products. These offerings serve as integral components within mobile communication coverage systems, encompassing wireless access systems, as well as antenna, satellite communication, and microwave transmission networks. The company caters to a diverse client base, including network and telecommunication operators, telecom equipment manufacturers, wireless network solution providers, and system integrators. Globally, its operations extend across the People's Republic of China, various Asian countries, Europe, and the Americas. Founded in 1999, the company maintains its headquarters in Shenzhen, People's Republic of China.

Industry
Communication Equipment
Sector
Technology
Headquarters
CN
CEO
Xiang Hu
Listed since
Dec 17, 2009
Employees
1,084

Market position

52-week range

Current HK$0.165

Open
HK$0.165
Previous close
HK$0.165
Volume
55K
0.09× average
Average volume
588.83K
Average daily volume
Market cap
131.48M HKD
Beta
1.23
Market reference 1
50-day average
HK$0.1702
-3.07% below average
200-day average
HK$0.1815
-9.10% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
164.62M CNY
P/E (TTM)
-1.2×
P/B (TTM)
0.39×
P/S (TTM)
0.29×
EV / EBITDA
-1.99×
Earnings yield
-98.94%
Free cash flow yield
-77.62%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
10.08%
Operating margin
-27.64%
Net margin
-23.81%
Return on equity
-32.50%
Return on assets
-10.99%
Return on invested capital
-19.01%

Financial health

Debt / equity
0.98×
Current ratio
1.05×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends22%-4%-30%-56%Gross margin, FY2021: 2.54%Gross margin, FY2022: 15.55%Gross margin, FY2023: 15.03%Gross margin, FY2024: 12.99%Gross margin, FY2025: 10.08%Operating margin, FY2021: -42.79%Operating margin, FY2022: -21.00%Operating margin, FY2023: -15.52%Operating margin, FY2024: -19.82%Operating margin, FY2025: -27.64%Net margin, FY2021: -49.85%Net margin, FY2022: -33.44%Net margin, FY2023: -9.24%Net margin, FY2024: -23.40%Net margin, FY2025: -23.81%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 2.54%. Gross margin FY2022 15.55%. Gross margin FY2023 15.03%. Gross margin FY2024 12.99%. Gross margin FY2025 10.08%. Operating margin FY2021 -42.79%. Operating margin FY2022 -21.00%. Operating margin FY2023 -15.52%. Operating margin FY2024 -19.82%. Operating margin FY2025 -27.64%. Net margin FY2021 -49.85%. Net margin FY2022 -33.44%. Net margin FY2023 -9.24%. Net margin FY2024 -23.40%. Net margin FY2025 -23.81%.

Income trends

Revenue

394.54M CNY-23.41%

Operating income

−109.04M CNY-6.81%

Net income

−93.94M CNY+22.06%
Income trends across reported periods788.67M CNY381.99M CNY−24.69M CNY−431.37M CNYRevenue, FY2021: 661.39M CNYRevenue, FY2022: 687M CNYRevenue, FY2023: 640.85M CNYRevenue, FY2024: 515.15M CNYRevenue, FY2025: 394.54M CNYOperating income, FY2021: −283.03M CNYOperating income, FY2022: −144.25M CNYOperating income, FY2023: −99.45M CNYOperating income, FY2024: −102.08M CNYOperating income, FY2025: −109.04M CNYNet income, FY2021: −329.7M CNYNet income, FY2022: −229.76M CNYNet income, FY2023: −59.2M CNYNet income, FY2024: −120.53M CNYNet income, FY2025: −93.94M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 661.39M CNY. Revenue FY2022 687M CNY. Revenue FY2023 640.85M CNY. Revenue FY2024 515.15M CNY. Revenue FY2025 394.54M CNY. Operating income FY2021 −283.03M CNY. Operating income FY2022 −144.25M CNY. Operating income FY2023 −99.45M CNY. Operating income FY2024 −102.08M CNY. Operating income FY2025 −109.04M CNY. Net income FY2021 −329.7M CNY. Net income FY2022 −229.76M CNY. Net income FY2023 −59.2M CNY. Net income FY2024 −120.53M CNY. Net income FY2025 −93.94M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue394.54M CNY515.15M CNY640.85M CNY687M CNY661.39M CNY
Cost of goods sold354.77M CNY448.22M CNY544.54M CNY580.16M CNY644.58M CNY
Gross profit39.77M CNY66.93M CNY96.31M CNY106.84M CNY16.81M CNY
Research and development54.42M CNY68.52M CNY62.51M CNY86.3M CNY121.18M CNY
Selling, general, and administrative91.86M CNY117.08M CNY117.33M CNY134.5M CNY153.8M CNY
Operating expenses148.81M CNY180.82M CNY195.77M CNY251.09M CNY255.96M CNY
Interest income3.89M CNY5.81M CNY5.51M CNY9.68M CNY5.13M CNY
Interest expense3.69M CNY4.59M CNY3.28M CNY4.97M CNY7.69M CNY
Depreciation and amortization23.93M CNY19.82M CNY28.55M CNY32.65M CNY31.85M CNY
Operating income−109.04M CNY−102.08M CNY−99.45M CNY−144.25M CNY−283.03M CNY
Net income−93.94M CNY−120.53M CNY−59.2M CNY−229.76M CNY−329.7M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.12

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0-0.15-0.3-0.45Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -0.084, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.407, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 19, 2022: actual -0.076, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 22, 2023: actual -0.245, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 19, 2023: actual -0.005, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 22, 2024: actual -0.076, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 17, 2024: actual -0.042, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual -0.117, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.28B1.6B913.47M228.03MQ2 '21No estimateQ4 '21No estimateQ3 '22MissQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimate
Q2 2021, reported Jun 30, 2021: actual 316.04M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 487.49M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 19, 2022: actual 378.5M HKD, estimate 2.14B HKD, surprise -82.27%, Miss. Q1 2023, reported Mar 22, 2023: actual 414.2M HKD, estimate 2.14B HKD, surprise -80.60%, Miss. Q3 2023, reported Aug 19, 2023: actual 373.89M HKD, estimate 2.14B HKD, surprise -82.49%, Miss. Q1 2024, reported Mar 22, 2024: actual 326.63M HKD, estimate 2.14B HKD, surprise -84.70%, Miss. Q3 2024, reported Aug 17, 2024: actual 268.27M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 282.27M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.02

2020 complete year-50.0% since 2016

Corporate action history

Dividend

Ex-dividend Jun 9, 2020

HK$0.02

Annual

Record Jun 10, 2020 · Payment Jul 8, 2020

Dividend

Ex-dividend May 24, 2019

HK$0.02

Annual

Record May 27, 2019 · Payment Jul 3, 2019

Dividend

Ex-dividend Jul 3, 2018

HK$0.04

Monthly

Dividend

Ex-dividend May 28, 2018

HK$0.04

Annual

Record May 29, 2018 · Payment Jul 5, 2018

Dividend

Ex-dividend May 29, 2017

HK$0.04

Annual

Record May 31, 2017 · Payment Jul 5, 2017

Dividend

Ex-dividend May 30, 2016

HK$0.04

Annual

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