---
title: "Plover Bay Technologies Limited (01523.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/01523.HK.md"
symbol: "01523.HK"
name: "Plover Bay Technologies Limited"
industry: "Communications Equipment"
---

# Plover Bay Technologies Limited (01523.HK)

| Item | Detail |
|------|--------|
| Industry | Communications Equipment |
| Location | HK Market |
| Website | [www.ploverbay.com](https://www.ploverbay.com) |

## Company Profile

Plover Bay Technologies Limited, an investment holding company, designs, develops, and markets software defined wide area network routers. It engages in the sale of wired and wireless routers; and provides software licenses, and warranty and support services. The company also offers human resource a...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-21T04:30:11.000Z

**Overall: B (0.30)**

**Industry**: Communications Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 4 / 27 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 14.10% |  |
| Net Profit YoY | 16.01% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 22.66 |  |
| Dividend Ratio | 3.77% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 9.17B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 953.86M |  |


**Multi Score**: B

#### Profit Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 78.38% | A |
| Profit Margin | 33.17% | A |
| Gross Margin | 55.55% | B |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 14.10% | B |
| Net Profit YoY | 16.01% | B |
| Total Assets YoY | 13.28% | B |
| Net Assets YoY | -0.45% | D |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 301.51% | C |
| OCF YoY | 14.10% | B |

#### Operating Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 1.21 | A |

#### Debt Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 51.88% | C |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Plover Bay Technologies Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "A",
      "indicators": [
        {
          "name": "ROE",
          "value": "78.38%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "33.17%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "55.55%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "14.10%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "16.01%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "13.28%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "-0.45%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "301.51%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "14.10%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "A",
      "indicators": [
        {
          "name": "Turnover",
          "value": "1.21",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "C",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "51.88%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | BYD ELECTRONIC (HK.285) | B | B | A | D | A | B |
| 02 | CIG (HK.6166) | B | A | B | D | B | B |
| 03 | VTECH HOLDINGS (HK.303) | B | D | A | D | C | B |
| 04 | PLOVER BAY TECH (HK.1523) | A | B | A | C | C | B |
| 05 | ATLINKS (HK.8043) | C | B | A | D | A | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 28.78 | 9/27 | 23.71 | 22.39 | 20.81 |
| PB | 22.66 | 25/27 | 18.59 | 16.25 | 14.64 |
| PS (TTM) | 9.54 | 26/27 | 7.84 | 7.35 | 6.84 |
| Dividend Yield | 3.77% | 3/27 | 5.24% | 4.88% | 4.54% |

## Institutional View

### Analyst Rating Distribution

> As of 2025-12-07T16:00:00.000Z

Total Analysts: **3**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 2 | 67% |
| Overweight | 1 | 33% |
| Hold | 0 | 0% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 8.30 |
| Highest Target | 7.68 |
| Lowest Target | 6.59 |

## References

- [Company Overview](https://longbridge.com/en/quote/01523.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/01523.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/01523.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.