China Strategic Technology Group Limited logo

China Strategic Technology Group Limited

1725.HK

HKSETechnologyHardware, Equipment & Parts

Latest quote

HK$0.355

−HK$0.01 · -2.74%

Aug 24, 11:36 AM HKT

1725.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Strategic Technology Group Limited (CSTG) functions as an investment holding company with a global footprint, delivering comprehensive electronics manufacturing services (EMS) and engaging in various aerospace ventures. Its operations span across numerous countries, including the People's Republic of China, the United States, India, South Korea, Hong Kong, Germany, Vietnam, and Australia. The company's Electronics Manufacturing Services segment offers a complete spectrum of support, from design refinement and validation to technical consulting and engineering solutions. This includes strategic raw material sourcing, rigorous quality control, efficient logistics and distribution, and robust after-sale services. CSTG specializes in the assembly and production of both printed circuit board assemblies and fully-integrated electronic devices, serving the banking and finance, telecommunications, and smart device sectors. Examples of its fully-assembled products range from mobile phones and portable point-of-sale systems to photovoltaic inverters, tablets, and street lighting controllers. Within its Aerospace Business segment, CSTG is involved in the manufacturing of satellites and their components, alongside precision electronics tailored for space applications. The company also provides satellite data services, engages in satellite telemetry, tracking, and control operations, and offers satellite launching capabilities. Established in 2017 and headquartered in Wong Chuk Hang, Hong Kong, China Strategic Technology Group Limited operates as a subsidiary of Hong Kong Aerospace Technology Holdings Limited. It was previously known as USPACE Technology Group Limited.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
HK
CEO
Yibo Guan
Listed since
Aug 16, 2018
Employees
306

Market position

Day range

Current HK$0.355

52-week range

Current HK$0.355

Open
HK$0.355
Previous close
HK$0.365
Volume
3.34M
0.66× average
Average volume
5.06M
Average daily volume
Market cap
290.54M HKD
Beta
-1.14
Market reference 1
50-day average
HK$0.3579
-0.81% below average
200-day average
HK$0.6279
-43.46% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
668.56M CNY
P/E (TTM)
-0.53×
P/B (TTM)
-1.92×
P/S (TTM)
0.39×
EV / EBITDA
-7.02×
Earnings yield
-96.25%
Free cash flow yield
-13.75%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
5.95%
Operating margin
-68.81%
Net margin
-50.63%
Return on equity
360.00%
Return on assets
-92.97%
Return on invested capital
-347.50%

Financial health

Debt / equity
-4.03×
Current ratio
0.6×
Altman Z-score
-3.66
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%-13%-51%-89%Gross margin, FY2021: 5.71%Gross margin, FY2022: 4.10%Gross margin, FY2023: 10.90%Gross margin, FY2024: 15.24%Gross margin, FY2025: 5.95%Operating margin, FY2021: -7.11%Operating margin, FY2022: -22.16%Operating margin, FY2023: -34.95%Operating margin, FY2024: -79.31%Operating margin, FY2025: -68.81%Net margin, FY2021: -8.16%Net margin, FY2022: -24.28%Net margin, FY2023: -35.58%Net margin, FY2024: -62.70%Net margin, FY2025: -50.63%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 5.71%. Gross margin FY2022 4.10%. Gross margin FY2023 10.90%. Gross margin FY2024 15.24%. Gross margin FY2025 5.95%. Operating margin FY2021 -7.11%. Operating margin FY2022 -22.16%. Operating margin FY2023 -34.95%. Operating margin FY2024 -79.31%. Operating margin FY2025 -68.81%. Net margin FY2021 -8.16%. Net margin FY2022 -24.28%. Net margin FY2023 -35.58%. Net margin FY2024 -62.70%. Net margin FY2025 -50.63%.

Income trends

Revenue

642.46M CNY+103.44%

Operating income

−442.05M CNY-76.49%

Net income

−325.26M CNY-64.27%
Income trends across reported periods759.46M CNY322.55M CNY−114.37M CNY−551.28M CNYRevenue, FY2021: 650.23M CNYRevenue, FY2022: 635.43M CNYRevenue, FY2023: 593.51M CNYRevenue, FY2024: 315.8M CNYRevenue, FY2025: 642.46M CNYOperating income, FY2021: −46.26M CNYOperating income, FY2022: −140.84M CNYOperating income, FY2023: −207.44M CNYOperating income, FY2024: −250.46M CNYOperating income, FY2025: −442.05M CNYNet income, FY2021: −53.08M CNYNet income, FY2022: −154.29M CNYNet income, FY2023: −211.14M CNYNet income, FY2024: −198.01M CNYNet income, FY2025: −325.26M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 650.23M CNY. Revenue FY2022 635.43M CNY. Revenue FY2023 593.51M CNY. Revenue FY2024 315.8M CNY. Revenue FY2025 642.46M CNY. Operating income FY2021 −46.26M CNY. Operating income FY2022 −140.84M CNY. Operating income FY2023 −207.44M CNY. Operating income FY2024 −250.46M CNY. Operating income FY2025 −442.05M CNY. Net income FY2021 −53.08M CNY. Net income FY2022 −154.29M CNY. Net income FY2023 −211.14M CNY. Net income FY2024 −198.01M CNY. Net income FY2025 −325.26M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue642.46M CNY315.8M CNY593.51M CNY635.43M CNY650.23M CNY
Cost of goods sold604.24M CNY267.68M CNY528.8M CNY609.39M CNY613.11M CNY
Gross profit38.22M CNY48.12M CNY64.71M CNY26.04M CNY37.12M CNY
Selling, general, and administrative162.76M CNY201.91M CNY271.64M CNY164.61M CNY86.18M CNY
Operating expenses480.27M CNY298.59M CNY272.15M CNY166.88M CNY83.38M CNY
Interest income258K CNY185K CNY360K CNY560K CNY503K CNY
Interest expense19.82M CNY17.49M CNY19.6M CNY12.7M CNY1.2M CNY
Depreciation and amortization38.31M CNY30.62M CNY69.08M CNY46.11M CNY16.82M CNY
Operating income−442.05M CNY−250.46M CNY−207.44M CNY−140.84M CNY−46.26M CNY
Net income−325.26M CNY−198.01M CNY−211.14M CNY−154.29M CNY−53.08M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.31

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.01-0.17-0.33-0.48Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -0.017, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.198, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual -0.177, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual -0.397, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual -0.306, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.442, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -0.234, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.31, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates505.34M381.94M258.53M135.13MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 310.3M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 479.68M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual 379.84M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 354.17M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 255.7M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 395.2M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 158.98M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 178.47M HKD, estimate —, surprise —, Comparison unavailable.

1725.HK peers

Continue in GoAI

Research 1725.HK

research.disclaimer