Hong Kong Economic Times Holdings Limited (HK:0423)
:0423
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Hong Kong Economic Times Holdings
(0423)
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Rating:51Neutral
Price Target:
HK$1.00
▲(35.14% Upside)
Action:ReiteratedDate:10/31/25
The overall score of 51 reflects a cautious outlook for HK:0423, driven primarily by weak financial performance with declining revenue, net losses, and negative cash flows, despite a strong balance sheet. Technical indicators show bearish momentum, while valuation offers some appeal with a high dividend yield, though tempered by unprofitability concerns.
Positive Factors
Diversified Revenue Model
A diversified revenue model reduces dependency on a single income stream, enhancing resilience against sector-specific downturns.
Negative Factors
Declining Revenue
Declining revenue growth suggests challenges in maintaining market share and competitiveness, potentially impacting long-term profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Revenue Model
A diversified revenue model reduces dependency on a single income stream, enhancing resilience against sector-specific downturns.
Read all positive factors
Hong Kong Economic Times Holdings (0423) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$345.28M
Dividend Yield14.86%
Average Volume (3M)44.47K
Price to Earnings (P/E)―
Beta (1Y)0.21
Revenue Growth-10.37%
EPS Growth-162.65%
CountryHK
Employees1,054
SectorCommunication Services
Sector Strength97
IndustryPublishing
Share Statistics
EPS (TTM)-0.06
Shares Outstanding431,600,000
10 Day Avg. Volume73,400
30 Day Avg. Volume44,466
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.39
Price to Sales (P/S)0.39
P/FCF Ratio-10.16
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hong Kong Economic Times Holdings Business Overview & Revenue Model
Company Description
Hong Kong Economic Times Holdings Limited, an investment holding company, operates as a diversified multi-media company primarily in Hong Kong. It operates through two segments: Media; and Financial News Agency, Information, and Solutions. The Med...
How the Company Makes Money
Hong Kong Economic Times Holdings generates revenue through multiple streams, primarily from advertising, subscriptions, and content syndication. The advertising revenue is derived from both print and digital platforms, where businesses pay to pro...
Hong Kong Economic Times Holdings Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
75
Positive
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 760.50M | 803.73M | 923.89M | 1.02B | 1.04B | 999.94M |
| Gross Profit | 338.72M | 336.70M | 371.99M | 422.81M | 461.81M | 415.65M |
| EBITDA | 7.22M | -1.35M | 124.52M | 81.55M | 94.40M | 92.00M |
| Net Income | -25.53M | -35.69M | 54.22M | 27.46M | 33.02M | 30.92M |
Balance Sheet | ||||||
| Total Assets | 1.01B | 1.07B | 1.17B | 1.20B | 1.20B | 1.20B |
| Cash, Cash Equivalents and Short-Term Investments | 412.71M | 459.78M | 526.47M | 464.16M | 460.95M | 470.48M |
| Total Debt | 5.33M | 8.70M | 2.14M | 11.97M | 3.16M | 18.82M |
| Total Liabilities | 219.61M | 238.68M | 260.44M | 304.80M | 292.70M | 284.87M |
| Stockholders Equity | 762.92M | 807.79M | 886.19M | 871.20M | 885.34M | 891.44M |
Cash Flow | ||||||
| Free Cash Flow | 4.02M | -31.00M | -27.52M | 56.94M | 47.15M | 130.67M |
| Operating Cash Flow | 16.59M | -17.59M | -2.59M | 82.97M | 100.56M | 150.87M |
| Investing Cash Flow | 167.50M | 108.25M | 53.42M | -176.47M | 91.03M | -96.04M |
| Financing Cash Flow | -42.60M | -51.46M | -53.80M | -53.12M | -57.16M | -48.18M |
Hong Kong Economic Times Holdings Technical Analysis
Positive
0.74
Price Trends
0.79
Positive
0.78
Positive
0.77
Positive
Market Momentum
<0.01
Negative
56.41
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0423, the sentiment is Positive. The current price of 0.74 is below the 20-day moving average (MA) of 0.78, below the 50-day MA of 0.79, and below the 200-day MA of 0.77, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.41 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0423.
Hong Kong Economic Times Holdings Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$17.85B | 7.43 | 10.42% | 6.34% | -4.65% | 6.30% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
51 Neutral | HK$345.28M | -3.71 | -3.25% | 14.86% | -10.37% | -162.65% | |
49 Neutral | HK$168.18M | -2.25 | -4.97% | ― | -7.76% | -55.96% | |
46 Neutral | HK$923.83M | -4.03 | -9.80% | ― | -13.10% | 13.01% | |
41 Neutral | HK$1.41B | 24.10 | 2.63% | ― | -0.98% | 14.30% | |
39 Underperform | HK$413.81M | -1.65 | 25.88% | ― | -4.39% | 20.40% |
* Communication Services Sector Average
HK:0423
Hong Kong Economic Times Holdings
0.80
0.18
29.87%
HK:1097
i-CABLE Communications
0.06
0.03
132.00%
HK:2008
Phoenix Media Investment (Holdings)
1.85
0.76
69.72%
HK:0811
Xinhua Winshare Publishing & Media Co
10.64
0.55
5.46%
HK:1105
Sing Tao News Corporation Limited
0.19
>-0.01
-4.50%
HK:0511
Television Broadcasts Limited
3.02
0.29
10.62%
Hong Kong Economic Times Holdings Corporate Events
HKET Holdings Announces Board and Committee Structure
Jan 2, 2026
Hong Kong Economic Times Holdings Limited has disclosed the current composition of its board, comprising four executive directors, one non-executive director and three independent non-executive directors, led by Chairman and Chief Executive Office...
Hong Kong Economic Times Holdings Names Two Veteran Executives to Board
Dec 31, 2025
Hong Kong Economic Times Holdings Limited has appointed two long-serving senior executives, Mr. Lau Chi Ming and Ms. Hui Siu Yee, as executive directors with effect from 1 January 2026, in a move that strengthens its leadership bench across financ...
Hong Kong Economic Times Holdings Reports Decreased Revenue but Improved Operating Efficiency
Nov 24, 2025
Hong Kong Economic Times Holdings Limited reported its unaudited interim results for the six months ending September 30, 2025, revealing a decrease in revenue to HK$364,435,000 from HK$407,664,000 in the previous year. Despite a slight increase in...
Hong Kong Economic Times Holdings Declares Interim Dividend
Nov 24, 2025
Hong Kong Economic Times Holdings Limited announced an interim dividend of HKD 0.03 per share for the six months ending September 30, 2025. This decision reflects the company’s ongoing commitment to returning value to its shareholders. The e...
Executive Director Retirement Announced by Hong Kong Economic Times Holdings
Nov 24, 2025
Hong Kong Economic Times Holdings Limited announced the retirement of Ms. See Sau Mei Salome as an Executive Director, effective from January 1, 2026. The Board expressed gratitude for her leadership and contributions, noting no disagreements or i...
Hong Kong Economic Times Holdings to Review Interim Results and Dividend Declaration
Nov 7, 2025
Hong Kong Economic Times Holdings Limited has announced a board meeting scheduled for November 24, 2025, to discuss and approve the interim results for the six months ending September 30, 2025. The meeting will also consider the declaration of an ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.