Alpha Technology Group Limited (ATGL) Key Metrics
ATGL key metrics, FY2021–FY2025
Fiscal year ended September 30, 2025 · Hong Kong dollarsATGL returns How much profit the business earns on the capital it uses.
ATGL financial health Debt, liquidity and how easily interest is covered.
ATGL efficiency & capital use Working capital cycle and where the cash goes.
ATGL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ATGL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ATGL key metrics in Hong Kong dollars
FY2021–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Returns & profitability | |||||
| Return on equity (ROE) | −184.5% | −15.5% | −90.2% | — | — |
| Return on invested capital (ROIC) | — | −32.1% | −80.1% | — | −290.4% |
| Return on assets (ROA) | −148.5% | −10.9% | −29.0% | −47.1% | −20.7% |
| Return on tangible assets | −201.6% | −12.0% | −26.5% | −40.6% | −20.7% |
| Free cash flow margin | −188.5% | −159.3% | 48.9% | 34.8% | −15.4% |
| Financial health | |||||
| Total debt | HK$5.5M | HK$3.4M | HK$1.7M | HK$2.5M | HK$3.2M |
| Cash & short-term investments | HK$30.9M | HK$41.8M | HK$3.6M | HK$2.8M | HK$1.4M |
| Net debt | −HK$25.5M | −HK$38.4M | −HK$1.9M | −HK$279,600 | HK$1.8M |
| Debt / equity | 0.22 | 0.07 | 0.09 | — | — |
| Debt / assets | 0.16 | 0.06 | 0.04 | 0.38 | 0.68 |
| Current ratio | 3.25 | 6.37 | 1.27 | 0.67 | 1.07 |
| Quick ratio | 3.25 | 6.37 | 1.26 | 0.67 | 1.07 |
| Interest coverage | -50.6 | -61.2 | -88.2 | -31.3 | -19.4 |
| Working capital | HK$22.3M | HK$36.8M | HK$5.4M | −HK$2.9M | HK$250,555 |
| Invested capital | −HK$937,699 | HK$13.3M | HK$17.5M | −HK$4.5M | HK$251,666 |
| Tangible asset value | HK$24.5M | HK$37.4M | HK$4.6M | −HK$4.2M | −HK$1.6M |
| Net current asset value | HK$21.8M | HK$35.5M | HK$4.4M | −HK$4.7M | −HK$2.3M |
| Capital allocation | |||||
| Capex / revenue | 10.6% | 0.7% | 0.6% | 0.6% | 2.3% |
| Capex / operating cash flow | — | — | 1.1% | 1.6% | — |
| Capex / depreciation | 0.66 | 0.12 | 0.06 | 0.19 | 2.08 |
| SG&A / revenue | 813.2% | 89.9% | 75.2% | 76.8% | 58.7% |
| Efficiency | |||||
| Days sales outstanding | 60.2 | 33.2 | 47.9 | 143.7 | 192.1 |
| Days of inventory on hand | — | — | 7.5 | — | — |
| Days payables outstanding | 1.4 | 0.0 | — | — | 189.9 |
| Cash conversion cycle (days) | 58.8 | 33.2 | — | — | 2.2 |
| Receivables turnover | 6.06 | 10.99 | 7.63 | 2.54 | 1.90 |
| Payables turnover | 253.61 | — | — | — | 1.92 |
| Inventory turnover | — | — | 48.88 | — | — |
| Asset turnover | 0.16 | 0.25 | 0.37 | 0.78 | 0.85 |
| Average receivables | HK$1.2M | HK$1.1M | HK$1.1M | HK$1.7M | HK$2.1M |
| Average payables | HK$181,876 | HK$0 | — | — | HK$1.4M |
| Average inventory | — | — | HK$119,548 | — | — |
| Intangibles / total assets | 0.0% | 23.9% | 36.5% | 0.0% | 0.0% |
Computed from ATGL's annual financial statements (latest annual report filed January 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Hong Kong dollars; data from EODHD. Averages use the opening and closing balance of each year.
ATGL valuation and financial ratios
Alpha Technology earned a return on equity of −184.5% in fiscal 2025. It ended the year with HK$5.5 million of debt and HK$30.9 million in cash and short-term investments, a net cash position of HK$25.5 million.
See the ATGL income statement, the ATGL chart for price history, or the ATGL stock overview for the latest quote and news.
ATGL key metrics FAQ
What is Alpha Technology's return on equity?
Alpha Technology's return on equity (ROE) was −184.5% in fiscal 2025: net income of -HK$70.3 million on average shareholders' equity of HK$38.1 million.
How much debt does Alpha Technology have?
Alpha Technology had total debt of HK$5.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.22 and more cash than debt.
What is Alpha Technology's current ratio?
Alpha Technology's current ratio was 3.25 at the end of fiscal 2025: current assets were 3.25 times current liabilities.