GoAI
Get started
China Information Technology Development Limited logo

China Information Technology Development Limited

8178.HK

HKSETechnologyInformation Technology Services

Open in GoAI

Latest quote

HK$0.166

+HK$0.008 · +5.06%

Aug 24, 3:41 PM HKT

8178.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Information Technology Development Limited functions as an investment holding company, providing a diverse array of services primarily within the People's Republic of China. Its operations encompass software development, system integration, and comprehensive technical support and maintenance. The firm also engineers and distributes computer software and hardware, alongside offering IT infrastructure solutions and their ongoing upkeep. Beyond its technological endeavors, the company's activities include financial services like money lending and securities trading, office management, big data applications, and asset acquisition, management, and advisory services. Founded in 2001, the enterprise, formerly known as Xteam Software International Limited, is headquartered in Kwun Tong, Hong Kong.

Industry
Information Technology Services
Sector
Technology
Headquarters
HK
CEO
King Shiu Wong
Listed since
Dec 11, 2001
Employees
59

Market position

52-week range

Current HK$0.166

Open
HK$0.166
Previous close
HK$0.158
Volume
2.49M
8.64× average
Average volume
287.66K
Average daily volume
Market cap
28.57M HKD
Beta
-0.02
Market reference 1
50-day average
HK$0.1752
-5.25% below average
200-day average
HK$0.2386
-30.42% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
73.7M HKD
P/E (TTM)
-0.14×
P/B (TTM)
0.1×
P/S (TTM)
0.83×
EV / EBITDA
-1.87×
Earnings yield
-402.80%
Free cash flow yield
-90.51%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
53.58%
Operating margin
-124.41%
Net margin
-352.18%
Return on equity
-54.70%
Return on assets
-39.43%
Return on invested capital
-18.21%

Financial health

Debt / equity
0.35×
Current ratio
1.06×
Altman Z-score
-0.44
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends88%-49%-186%-323%Gross margin, FY2021: 35.87%Gross margin, FY2022: 29.33%Gross margin, FY2023: 43.95%Gross margin, FY2024: 53.99%Gross margin, FY2025: 53.58%Operating margin, FY2021: -39.65%Operating margin, FY2022: -50.74%Operating margin, FY2023: -53.49%Operating margin, FY2024: -36.21%Operating margin, FY2025: -124.41%Net margin, FY2021: -136.80%Net margin, FY2022: -138.72%Net margin, FY2023: -46.22%Net margin, FY2024: -90.72%Net margin, FY2025: -288.59%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.87%. Gross margin FY2022 29.33%. Gross margin FY2023 43.95%. Gross margin FY2024 53.99%. Gross margin FY2025 53.58%. Operating margin FY2021 -39.65%. Operating margin FY2022 -50.74%. Operating margin FY2023 -53.49%. Operating margin FY2024 -36.21%. Operating margin FY2025 -124.41%. Net margin FY2021 -136.80%. Net margin FY2022 -138.72%. Net margin FY2023 -46.22%. Net margin FY2024 -90.72%. Net margin FY2025 -288.59%.

Income trends

Revenue

34.46M HKD-16.92%

Operating income

−42.88M HKD-185.41%

Net income

−99.46M HKD-164.28%
Income trends across reported periods82.65M HKD16.43M HKD−49.79M HKD−116.01M HKDRevenue, FY2021: 66.09M HKDRevenue, FY2022: 59.32M HKDRevenue, FY2023: 49.23M HKDRevenue, FY2024: 41.49M HKDRevenue, FY2025: 34.46M HKDOperating income, FY2021: −26.21M HKDOperating income, FY2022: −30.1M HKDOperating income, FY2023: −26.33M HKDOperating income, FY2024: −15.02M HKDOperating income, FY2025: −42.88M HKDNet income, FY2021: −90.42M HKDNet income, FY2022: −82.3M HKDNet income, FY2023: −22.76M HKDNet income, FY2024: −37.63M HKDNet income, FY2025: −99.46M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 66.09M HKD. Revenue FY2022 59.32M HKD. Revenue FY2023 49.23M HKD. Revenue FY2024 41.49M HKD. Revenue FY2025 34.46M HKD. Operating income FY2021 −26.21M HKD. Operating income FY2022 −30.1M HKD. Operating income FY2023 −26.33M HKD. Operating income FY2024 −15.02M HKD. Operating income FY2025 −42.88M HKD. Net income FY2021 −90.42M HKD. Net income FY2022 −82.3M HKD. Net income FY2023 −22.76M HKD. Net income FY2024 −37.63M HKD. Net income FY2025 −99.46M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue34.46M HKD41.49M HKD49.23M HKD59.32M HKD66.09M HKD
Cost of goods sold16M HKD19.09M HKD27.59M HKD41.92M HKD42.39M HKD
Gross profit18.47M HKD22.4M HKD21.64M HKD17.4M HKD23.71M HKD
Research and development——8.26M HKD17.22M HKD15.07M HKD
Selling, general, and administrative40.34M HKD35.66M HKD39.71M HKD29.11M HKD31.85M HKD
Operating expenses61.34M HKD37.42M HKD47.97M HKD64.73M HKD49.91M HKD
Interest income3K HKD16K HKD2.56M HKD7.27M HKD7.45M HKD
Interest expense2.25M HKD2.58M HKD5.59M HKD11.55M HKD11.53M HKD
Depreciation and amortization3.55M HKD3.69M HKD4.07M HKD4.74M HKD5.18M HKD
Operating income−42.88M HKD−15.02M HKD−26.33M HKD−30.1M HKD−26.21M HKD
Net income−99.46M HKD−37.63M HKD−22.76M HKD−82.3M HKD−90.42M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.06

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.01-3.17-6.32-9.48Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Q4 2022, reported Nov 9, 2022: actual -0.375, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 28, 2023: actual -1.14, estimate —, surprise —, Comparison unavailable. Q2 2023, reported May 9, 2023: actual -0.06, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 9, 2023: actual -0.013, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 10, 2023: actual -0.177, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual -8.78, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual -0.062, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 22, 2024: actual -0.062, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates35.77M22.27M8.78M-4.72MQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Q4 2022, reported Nov 9, 2022: actual 13.85M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 28, 2023: actual 9.09M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported May 9, 2023: actual 32.98M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 9, 2023: actual 7.39M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 10, 2023: actual 10.79M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual -1.93M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual 10.03M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 22, 2024: actual 10.03M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Dec 5, 2022

1:10

Stock split

Effective Mar 7, 2022

1,159:1,000

Stock split

Effective Jan 19, 2021

1:24

Stock split

Effective Jan 29, 2014

319:250

Stock split

Effective Aug 3, 2012

1:10

8178.HK peers

Xiaomi Corporation logo

1810.HK

Xiaomi Corporation

HK$27.82

-4.14%

Semiconductor Manufacturing International Corporation logo

0981.HK

Semiconductor Manufacturing International Corporation

HK$66.75

-7.93%

NetEase, Inc. logo

9999.HK

NetEase, Inc.

HK$194.9

-3.51%

Xiaomi Corporation logo

81810.HK

Xiaomi Corporation

CN¥23.90

-3.78%

Z.AI Co. Ltd. logo

2513.HK

Z.AI Co. Ltd.

HK$1,007

-10.81%

Gigadevice logo

3986.HK

Gigadevice

HK$471

-6.36%

Continue in GoAI

Research 8178.HK

research.disclaimer