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Shenzhen-based technology company listed in Hong Kong; specific product line not confirmed with confidence.
Shenzhen-based technology company listed in Hong Kong; specific product line not confirmed with confidence.
Moat: none
Headquarters: Shenzhen, China · Employees: 362
Size Shenzhen HQVT Technology (1392.HK) is a Hong Kong Information Technology company (Packaged Software) with a market value of $1.28B, the 536th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$13.28 on 6 Nov 2026.
Growth Revenue grew 27.7% over the last twelve months (peer median +13.3%); the operating margin is 5.5% (peer median 7.0%).
Valuation It trades at 13.3× enterprise value to sales against a peer median of 3.4× (3rd most expensive of 21).
Capital Return on invested capital runs 0.1 points below its cost of capital (5.4% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | HK$725M | HK$568M | HK$132M | HK$268M |
| Revenue growth | — | +28% | +330% | -51% | — |
| Gross profit | n/a | HK$160M | HK$106M | HK$16.9M | HK$62.5M |
| EBITDA | n/a | HK$63.2M | HK$69.3M | -HK$5.72M | HK$17.8M |
| Net income | n/a | HK$31.8M | HK$43.8M | -HK$20.3M | -HK$5.73M |
| Free cash flow | n/a | -HK$229M | -HK$45.0M | HK$49.7M | -HK$65.4M |
| Capital expenditure | n/a | HK$84.3M | HK$36.8M | HK$25.2M | HK$47.4M |
| Total debt | n/a | HK$238M | HK$49.6M | HK$25.5M | HK$189M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 1392.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -41.8% | -2.2% | lowest of 21 |
| Distance from 52-week high | -67.3% | -23.5% | lowest of 21 |
| Revenue growth (TTM) | +27.7% | +13.3% | 7th highest of 21 |
| Operating margin | 5.5% | 7.0% | 9th lowest of 21 |
| EV / Sales | 13.3× | 3.4× | 3rd most expensive of 21 |
| ROIC minus cost of capital | -0.1 pp | -6.8 pp | 7th highest of 21 |
| Net debt / EBITDA | -6.1× | -0.8× | 2nd least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shenzhen HQVT Technology 1392.HK | Hong Kong | $1.28B | n/a | +28% | 5% | 13.3× | n/a | n/a |
| Corsair Gaming CRSR | United States | $1.28B | +63% | +3% | 3% | 0.9× | 24.3% | -2.9% |
| Fengzhushou 301382.SZ | China | $1.28B | -32% | +28% | 8% | 4.1× | n/a | n/a |
| Genimous Technology 000676.SZ | China | $1.30B | -7% | +3% | 6% | 1.8× | 14.1% | -17.5% |
| CHAPTERS CHG.DE | Germany | $1.30B | +48% | +63% | -21% | 6.5× | 43.9% | +178.6% |
| Richinfo Technology 300634.SZ | China | $1.30B | -15% | -11% | 10% | 4.9× | 20.8% | +19.9% |
| Digital Turbine APPS | United States | $1.26B | +200% | +19% | 10% | 2.6× | 33.1% | +12.5% |
| Bandwidth BAND | United States | $1.31B | -19% | +15% | -1% | 1.9× | 19.3% | +17.0% |
| Opera Limited Sponsored ADR OPRA | United States | $1.31B | -21% | +23% | 16% | 1.7× | 4.5% | +30.1% |
| Datang Telecom Technology 600198.SS | China | $1.25B | -24% | -11% | -30% | 10.5× | n/a | n/a |
| NSD 9759.T | Japan | $1.32B | +12% | +10% | 16% | 1.5× | -10.9% | +12.2% |
| Amagi Media Labs AMAGI.NS | India | $1.32B | +30% | +30% | 3% | 8.3× | n/a | n/a |
| Infomart 2492.T | Japan | $1.24B | +70% | +11% | 19% | 8.8× | 14.5% | +16.5% |
| Transwarp Technology (Shanghai) 6727.HK | Hong Kong | $1.33B | n/a | +32% | -50% | 17.3× | n/a | n/a |
| SHIFT UP 462870.KS | South Korea | $1.33B | -4% | -12% | 56% | 5.2× | -12.9% | +59.7% |
| WeRide 0800.HK | Hong Kong | $1.33B | -47% | +109% | -221% | 5.3× | n/a | n/a |
| PagerDuty PD | United States | $1.23B | +115% | +2% | 7% | 2.4× | 12.8% | +18.2% |
| Mech-Mind Robotics Technologies 9615.HK | Hong Kong | $1.34B | n/a | +45% | -41% | 32.5× | n/a | n/a |
| Cyient CYIENT.NS | India | $1.23B | +24% | +10% | 9% | 1.6× | 20.3% | +12.0% |
| InnovAge INNV | United States | $1.22B | +18% | +15% | 8% | 1.2× | -6.7% | +9.2% |
| NCR Voyix VYX | United States | $1.35B | +17% | -5% | 7% | 1.0× | n/a | n/a |