ShareValue scores for 1392.HK: Valuation 34, Quality 49, Growth 50, Health 29.
1392.HKHKEX
Shenzhen HQVT Technology Co., Ltd.
HK$14.55
(-3.00%)
Updated
1392.HKHKEX
Shenzhen HQVT Technology Co., Ltd.
Updated
Pulse
Pulse
Fundamental Rating
Value Trap Risk
If P/E met sector median
Rating
Trap Risk
P/E to median
vs Hong Kong-listed Technology stocks
Company Details
Shenzhen HQVT Technology Co., Ltd. operates as a multispectral AI technology enterprise in China, India, Brazil, the United Arab Emirates, and South Africa. It specializes in the acquisition, processing, and analysis of optical information captured from multiple specific spectrum bands to provide more detailed information than visible lights imaging. The company offers multispectral products and services include multispectral AI modules; multispectral AI perception terminals; and multispectral AI large model services; and other AI vision modules. The company also offers core technologies, such as multispectral perception-computing integration, lightweight on-device AI computing, and multispectral AI large model platform. It serves electronic products, software and information technology services, IDC, intelligent driving systems, telecommunication operators, IoT, system integration, construction, and system integrators, and enterprise-level customers. The company was formerly known as Shenzhen Haiqing Video Technology Co., Ltd. Shenzhen HQVT Technology Co., Ltd. was incorporated in 2013 and is headquartered in Shenzhen, China.
Score Analysis
AI Investment Thesis
Shenzhen HQVT Technology Co., Ltd. is overvalued: its P/B of 10.2 is higher than 93% of Hong Kong-listed Technology stocks and P/S of 12.2 higher than 87%, despite a P/E of 13.2 lower than 60%.
Quality is the weak pillar: first-half 2026 gross margin compressed to 20.3% from 27.5% and operating profit fell to RMB2.6 million, leaving a 3.14% net margin on RMB410.5 million revenue.
On 23 October 2026 non-executive director Yu Lijie resigned from the board and audit committee, a governance change worth monitoring rather than a business catalyst.