Q Technology (Group) Co Ltd Shs Reg S
01478: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.pr | LOCK|>p! | LOCK|^nhprFz |
Q Technology Earnings: Raising Fair Value by 30% on Higher Visibility in Nonhandset Products
Q Technology's second-half 2024 revenue and net profit were up 10% half on half at CNY 8.5 billion and up 32% at CNY 159 million, respectively. Net profit was in line with the firm's preliminary filing in January. An unexpectedly large pricing improvement drove sales higher than our forecasts.
