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    Technology services

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    Packaged software
PATEO CONNECT Technology (Shanghai) Corporation Class H

PATEO CONNECT Technology (Shanghai) Corporation Class H

HHKEX:2889
47.00
HKD
-5.25
(-10.05%)
-8.56EPS
32.40BMarket Cap
Mar 29Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
8.12
9.97
17.05
24.68
Basic EPS, GAAP
-3.01
-1.89
-3.61
-7.69
Free Cash Flow per Basic Share
-4.27
-3.02
-5.88
-7.37
Dividend per Share
- -
- -
- -
- -
Book Value per Share
5.44
3.99
10.3
14.35
Tangible Book Value per Share
5.44
3.99
10.3
14.35
Basic Weighted Avg Shares
150
150
150
142
Sales/Revenue/Turnover
1,218
1,496
2,557
3,510
Operating Margin (%)
-34.99
-23.67
-14.43
-26.55
Depreciation Expense
45
60
80
82
Net Income, GAAP
-452
-284
-541
-1,093
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
-37.13
-18.98
-21.17
-31.15
Working Capital
685
401
1,249
1,524
LT Debt
77
230
307
362
Total Equity
817
599
1,546
2,152
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
-40.14
-50.52
-59.15

Capital Structure

CNY

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

CNY

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
39.18%
Free Cash Flow
- -
- -
18.87%
Net Income, GAAP
- -
- -
102.01%
Sales/Revenue/Turnover
- -
- -
37.26%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,496
2024
- -
- -
2,557
2025
- -
- -
3,510

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.89
2024
- -
- -
-3.61
2025
- -
- -
-7.69

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Zhen Kai Ying
Full Time Employees
2,119
Sector
Technology services
Industry
Packaged software
Address
866 East Changzhi Road Shanghai SH China 200030
IPO Date
Sep 30, 2025
Website
pateo.com.cn
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Business
PATEO CONNECT Technology (Shanghai) Corporation (2889.HK) develops and provides connected vehicle solutions and intelligent automotive services. The company offers a range of products and services including in-vehicle infotainment systems, telematics platforms, voice interaction technologies, and smart cockpit solutions; its core offerings encompass the PATEO CONNECT platform for vehicle-to-everything (V2X) communication, AI-driven human-machine interfaces, and cloud-based data services for fleet management and driver assistance. PATEO targets original equipment manufacturers (OEMs) in the automotive sector, serving passenger cars, commercial vehicles, and new energy vehicles across passenger car, commercial vehicle, and aftermarket segments. Founded in 2008 and headquartered in Shanghai, China, the company operates primarily in China with expanding presence in Asia-Pacific markets through partnerships with leading automakers. In recent developments, PATEO listed on the Hong Kong Stock Exchange in 2024, marking a significant capital raise to fuel expansion in intelligent connected vehicle technologies; the company also launched advanced 5G-enabled telematics solutions and formed strategic alliances with major Chinese OEMs for next-generation smart cockpits.