Hong Kong Aerospace Technology Group Limited (ASTGY) Stock

About Hong Kong Aerospace Technology Group Limited

Hong Kong Aerospace Technology Group Limited (HKATG) operates as an investment holding entity, providing electronics manufacturing services (EMS) across a significant global presence. Its operations span numerous nations, including China, the United States, India, South Korea, Austria, Hong Kong (its base), Brazil, Mexico, the United Kingdom, Germany, Vietnam, and Australia. HKATG offers an extensive spectrum of services, which encompass everything from design enhancement and rigorous verification to expert technical advice and engineering solutions. This also includes precise raw material selection and procurement, stringent quality control, efficient logistics and delivery, and comprehensive after-sales support. These capabilities are instrumental in the assembly and production of printed circuit board assemblies (PCBAs) and complete electronic products for sectors such as banking and finance, telecommunications, and smart device industries. Among its finished electronic offerings are mobile phones, mobile point-of-sale systems, photovoltaic inverters, tablets, and street lamp controllers. The company also diversifies its activities into direct electronic product sales, satellite manufacturing, and offering satellite tracking and control services. Significantly, Hong Kong Aerospace Technology Group Limited has forged a strategic collaboration with the College of Engineering at City University of Hong Kong. This partnership, based in Hong Kong, is dedicated to the research and advancement of sophisticated satellite technology and related applications, such as communication systems, antenna innovations, advanced material science, data processing, and energy management. Incorporated in 2003, the company initially traded as Eternity Technology Holdings Limited, adopting its current name in June 2021. It is headquartered in Tseung Kwan O, Hong Kong, and operates as a subsidiary of Hong Kong Aerospace Technology Holdings Limited.

Hong Kong Aerospace Technology Group Limited is headquartered in HK.

Hong Kong Aerospace Technology Group Limited (ASTGY) stock trades at $18.00 with a market capitalization of $562.26M. The stock is valued at a price-to-earnings (P/E) ratio of -229.99, price-to-book of 261.45, price-to-sales of 12.06. Over the past 52 weeks the stock has ranged between $18.00 and $20.40, and currently trades 11.8% below its 52-week high.

On profitability, Hong Kong Aerospace Technology Group Limited generates a return on equity (ROE) of -113.41%, return on capital employed of -77.31%, an operating margin of -79.31%, a net profit margin of -62.70%.

Official website: www.szeternity.com