Company Analysis

Alpha Technology Group Limited (ATGL)

Nasdaq: ATGL · Services-Computer Programming Services · Hong Kong · filing with the SEC since 2023
Grade4.3
◀ Past 3.6● Present 4.6▶ Future 4.6
2 est.

The grade of Alpha Technology Group Limited

Nine metrics read from its own filings, by tense
Headline grade
4.3/10
◀ Past3.625% of the headline
● Present4.635% of the headline
▶ Future4.640% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.6/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
7.5/10

Has it survived what it has been through?

No warning events in its filings since 2023.

weight 22% of this tense · 75th percentile among 34 sector filers · read for itself

From the record

Alpha Technology Group Limited's filings since 2023 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.9/10

What has it actually done, year after year?

+16.2% a year over 5 filed years; profitable in 0 of 5.

weight 45% of this tense · 39th percentile among 33 sector filers · read for its customers

From the record

Alpha Technology Group Limited's 5 filed years say what it did: revenue went from HKD 4 million in fiscal 2021 to HKD 7 million in fiscal 2025, up 16.2% a year; it rose in 3 of 4 years; the deepest fall was 40% from fiscal 2024 to fiscal 2025; net income was positive in 0 of 5 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span16.2%top 41% of its family
  • the share of years revenue rosetop 47% of its family
  • the share of filed years with a profitbottom 15% of its family
  • the deepest fall from a revenue peak40.1%bottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.5/10

How has it treated the people who own it?

SI estimate 0.5/10, confidence 35 of 100 (one part).

weight 33% of this tense · 5th percentile among 32 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 5% of 32 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 32 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Alpha Technology Group Limited's shareholder treatment is put at 0.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 5% of 32 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.6/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
3.9/10

Is it financially healthy right now?

ROE -287%: lost 287¢ per shareholder dollar. Leverage 30%: owes 30¢ per asset dollar.

weight 45% of this tense · 38th percentile among 31 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, Alpha Technology Group Limited lost about 287 cents for every dollar of shareholders' money, and gross profitability: its products earned about 10 cents per dollar of everything the company owns. Leverage: it owed about 30 cents per dollar of assets, and net share issuance: its share count grew 7.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 42% of its family
  • return on equitybottom 9% of its family
  • gross profit against assetsbottom 46% of its family
  • the share count against the year beforebottom 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.5/10

How strong is its position in its industry?

bottom 45% of 33 in its family; net margin -952%.

weight 33% of this tense · 45th percentile among 33 sector filers · read for its customers

From the record

Alpha Technology Group Limited's standing among 33 graded names in its industry family: revenue of HKD 7 million in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of -952% ranks in the bottom 17%; revenue growth of 18.7% a year over the last 3 filed years ranks in the top 26% (its annual reports).

What it rests on

  • net margin-952.0%bottom 17% of its family
  • three-year revenue growth18.7%top 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
6.4/10

What are the people in charge doing?

SI estimate 6.4/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 13 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-31 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-31 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 13 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Alpha Technology Group Limited's leadership is put at 6.4 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-31 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.6/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.4/10

How much room does it have to grow?

top 36% of 32 in its family for room to expand.

weight 22% of this tense · 64th percentile among 32 sector filers · read for itself

From the record

Alpha Technology Group Limited's room to grow, from the newest filed statements (fiscal 2025): cash of HKD 31 million against debt of HKD 305 thousand leaves 87.8% of its assets as net cash, top 2% of its family; cash from operations less capital spending is -188.5% of revenue (bottom 20%); a gross margin of 49.2% (top 26%) (its annual report).

What it rests on

  • cash less debt against assets87.8%top 2% of its family
  • cash from operations less capital spending against revenue-188.5%bottom 20% of its family
  • gross margin49.2%top 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.1/10

What could actually drive growth from here?

top 39% of 33 in its family for growth drivers.

weight 45% of this tense · 61st percentile among 33 sector filers · read for its customers

From the record

Alpha Technology Group Limited's growth drivers, from the filed years to fiscal 2025: revenue grew 18.7% a year over the last three filed years against 16.2% over all 5, speeding up (top 11% of its family); the newest year grew -40.2% (bottom 11%); capital spending grew 213.5% a year (top 17%) (its annual reports). Alpha Technology Group Limited tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+2.5 points a yeartop 11% of its family
  • the newest year's revenue growth-40.2%bottom 11% of its family
  • three-year growth of capital spending213.5%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.2/10

Did its newest year beat what its own record pointed to?

bottom 12% of 29 in its family for expectations against reality.

weight 33% of this tense · 12th percentile among 29 sector filers · read for its shareholders

From the record

Alpha Technology Group Limited's newest year against its own record: revenue of HKD 7 million in fiscal 2025 came in 64.2% below the HKD 21 million its prior three years' pace pointed to (bottom 12% of its family); net income of HKD 70 million against a prior three-year average of HKD 5 million (bottom 5%); a net margin of a loss larger than its revenue against -61.7% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-64.2%bottom 12% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 5% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ATGL · research, not advice