Hong Kong Technology Venture Company Limited (1137.HK)

Both yoy net incomes decline, with 0315.HK at -12.49%. Martin Whitman would view it as a broader sector or cyclical slump hitting profits.

D&A growth well above 0315.HK's 4.88%. Michael Burry would suspect heavier depreciation burdens that might erode net income unless top-line follows suit.

Deferred tax of 142.75% while 0315.HK is zero at 0.00%. Bruce Berkowitz would see a partial difference that can matter for future cash flow if large in magnitude.

Negative yoy working capital usage while 0315.HK is 0.00%. Joel Greenblatt would see more free cash if revenue remains unaffected, giving a short-term advantage.

Negative yoy inventory while 0315.HK is 0.00%. Joel Greenblatt would see a near-term cash advantage if top-line doesn't suffer.

Negative yoy usage while 0315.HK is 0.00%. Joel Greenblatt would see a short-term advantage in freeing up capital unless competitor invests effectively in these lines.

Both yoy CFO lines are negative, with 0315.HK at -37.92%. Martin Whitman would suspect cyclical or cost factors harming the entire niche’s cash generation.

CapEx growth well above 0315.HK's 39.74%. Michael Burry would suspect heavier cash outlays that risk short-term free cash flow vs. competitor.

Negative yoy acquisition while 0315.HK stands at 0.00%. Joel Greenblatt sees potential short-term cash advantage unless competitor’s deals yield big synergy.

Purchases growth of 45.67% while 0315.HK is zero at 0.00%. Bruce Berkowitz sees a mild difference in portfolio building that might matter for returns.

We reduce yoy sales while 0315.HK is 0.00%. Joel Greenblatt sees competitor possibly capitalizing on market peaks or forced to raise cash while we hold tight.