Brainhole Technology Limited logo

Brainhole Technology Limited

2203.HK

HKSETechnologySemiconductors

Latest quote

HK$0.137

HK$0.00 · 0.00%

Aug 21, 11:20 AM HKT

2203.HK company overview

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Company profile

Company website

Brainhole Technology Limited, an investment holding company, engages in the assembly, packaging, and sale of discrete semiconductors primarily for smart consumer electronic devices in the People’s Republic of China, Hong Kong, Korea, rest of Asia, Europe, and internationally. The company operates through Manufacturing, Trading, Broadband Infrastructure and Smart Domain, and Strategic Investments segments. It constructs residential fiber-optical network; and provides survey, design, construction, and inspection services and unified operator access, as well as communication solutions for fixed line, broadband, mobile terminals, and WIFI coverages. The company also offers intelligent community and building solutions based on Internet of Things and cloud computing; smart home and digital home solutions comprising control system integrated with automatic control applications, computer network system, and network communication technologies; and smart city village solutions, as well as smart controls, security, and other products. Its semiconductor products include diodes, transistors, rectifiers, and transient voltage suppressors. The company’s products are used in consumer and industrial portable electronics, such as mobile phones, display monitors, LED televisions, portable electronic equipment, and power supplies manufactured primarily by OEM/ODM manufacturers for consumer electronic brands. In addition, it is involved in trading of semiconductors sourced from third-party suppliers; provision of management services; holding of trademark; and trading of listed equity securities, as well as operates a restaurant. The company was formerly known as Top Dynamic International Holdings Limited. Brainhole Technology Limited was founded in 2012 and is based in Quarry Bay, Hong Kong. Brainhole Technology Limited operates as a subsidiary of Yoho Bravo Limited.

Industry
Semiconductors
Sector
Technology
Headquarters
HK
CEO
Jingsong Wang
Listed since
Oct 9, 2015
Employees
58

Market position

52-week range

Current HK$0.137

Open
HK$0.137
Previous close
HK$0.137
Volume
40K
0.03× average
Average volume
1.24M
Average daily volume
Market cap
109.6M HKD
Beta
-2.02
Market reference 1
50-day average
HK$0.1592
-13.97% below average
200-day average
HK$0.1898
-27.81% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
316.09M HKD
P/E (TTM)
-3.17×
P/B (TTM)
-1.19×
P/S (TTM)
1.33×
EV / EBITDA
-9×
Earnings yield
-20.45%
Free cash flow yield
-8.42%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
15.85%
Operating margin
-50.04%
Net margin
-52.35%
Return on equity
37.64%
Return on assets
-29.02%
Return on invested capital
-52.16%

Financial health

Debt / equity
-1.86×
Current ratio
1.08×
Altman Z-score
-2.65
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 trends31%-19%-69%-119%Gross margin, FY2021: 16.83%Gross margin, FY2022: 18.42%Gross margin, FY2023: 12.51%Gross margin, FY2024: -5.38%Gross margin, FY2025: 15.85%Operating margin, FY2021: -10.35%Operating margin, FY2022: -8.37%Operating margin, FY2023: -14.30%Operating margin, FY2024: -66.89%Operating margin, FY2025: -50.04%Net margin, FY2021: -16.03%Net margin, FY2022: -21.86%Net margin, FY2023: -15.45%Net margin, FY2024: -106.57%Net margin, FY2025: -41.87%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.83%. Gross margin FY2022 18.42%. Gross margin FY2023 12.51%. Gross margin FY2024 -5.38%. Gross margin FY2025 15.85%. Operating margin FY2021 -10.35%. Operating margin FY2022 -8.37%. Operating margin FY2023 -14.30%. Operating margin FY2024 -66.89%. Operating margin FY2025 -50.04%. Net margin FY2021 -16.03%. Net margin FY2022 -21.86%. Net margin FY2023 -15.45%. Net margin FY2024 -106.57%. Net margin FY2025 -41.87%.

Income trends

Revenue

82.46M HKD-31.28%

Operating income

−41.27M HKD+48.59%

Net income

−34.53M HKD+73.00%
Income trends across reported periods366.51M HKD186.74M HKD6.96M HKD−172.82M HKDRevenue, FY2021: 321.57M HKDRevenue, FY2022: 263.57M HKDRevenue, FY2023: 220.81M HKDRevenue, FY2024: 119.99M HKDRevenue, FY2025: 82.46M HKDOperating income, FY2021: −33.28M HKDOperating income, FY2022: −22.05M HKDOperating income, FY2023: −31.58M HKDOperating income, FY2024: −80.26M HKDOperating income, FY2025: −41.27M HKDNet income, FY2021: −51.55M HKDNet income, FY2022: −57.61M HKDNet income, FY2023: −34.12M HKDNet income, FY2024: −127.88M HKDNet income, FY2025: −34.53M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 321.57M HKD. Revenue FY2022 263.57M HKD. Revenue FY2023 220.81M HKD. Revenue FY2024 119.99M HKD. Revenue FY2025 82.46M HKD. Operating income FY2021 −33.28M HKD. Operating income FY2022 −22.05M HKD. Operating income FY2023 −31.58M HKD. Operating income FY2024 −80.26M HKD. Operating income FY2025 −41.27M HKD. Net income FY2021 −51.55M HKD. Net income FY2022 −57.61M HKD. Net income FY2023 −34.12M HKD. Net income FY2024 −127.88M HKD. Net income FY2025 −34.53M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue82.46M HKD119.99M HKD220.81M HKD263.57M HKD321.57M HKD
Cost of goods sold69.39M HKD126.44M HKD193.18M HKD215.03M HKD267.46M HKD
Gross profit13.07M HKD−6.45M HKD27.63M HKD48.54M HKD54.11M HKD
Research and development3.54M HKD5.08M HKD9.48M HKD10.02M HKD13.48M HKD
Selling, general, and administrative50.79M HKD63.13M HKD49.73M HKD70.6M HKD73.91M HKD
Operating expenses54.33M HKD73.81M HKD59.2M HKD70.59M HKD87.39M HKD
Interest income8K HKD200K HKD103K HKD172K HKD641K HKD
Interest expense10.14M HKD10.21M HKD7.8M HKD3.1M HKD5.69M HKD
Depreciation and amortization2.6M HKD10.18M HKD9.64M HKD15.59M HKD23.4M HKD
Operating income−41.27M HKD−80.26M HKD−31.58M HKD−22.05M HKD−33.28M HKD
Net income−34.53M HKD−127.88M HKD−34.12M HKD−57.61M HKD−51.55M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.04-0.01-0.07-0.12Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q3 '24Q1 '25
Q1 2023, reported Mar 31, 2023: actual -0.012, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual -0.031, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual -0.012, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual -0.01, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 22, 2024: actual 0, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 21, 2024: actual 0, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Sep 30, 2024: actual -0.08, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.011, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates70.27M52.07M33.88M15.69MQ1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q3 '24Q1 '25
Q1 2023, reported Mar 31, 2023: actual 66.43M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual 51.37M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 66.43M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 43.98M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 22, 2024: actual 41.54M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 21, 2024: actual 41.54M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Sep 30, 2024: actual 18.45M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 26.09M HKD, estimate —, surprise —, Comparison unavailable.

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