Asia Television Holdings Limited (0707) AI Stock Analysis

• Market Cap: HK$133.73M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.10
• Revenue Growth: -25.00%
• EPS Growth: 23.32%
• Country: HK
• Employees: 178
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): N/A
• Shares Outstanding: 2,228,826,200
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.04
• Price to Book (P/B): -0.28
• Price to Sales (P/S): 1.53
• P/FCF Ratio: -1.42
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: HK$0.06 ▼(-5.00% Downside)

Asia Television Holdings Limited's overall stock score is primarily influenced by its poor financial performance, characterized by persistent losses and high financial leverage. The technical analysis further supports a bearish trend, while the negative valuation metrics highlight the company's unprofitability and lack of appeal to income investors.

Positive Factors

Strategic Leadership Changes

The appointment of a new chairman with extensive corporate management experience could enhance strategic direction and governance, potentially stabilizing leadership and improving decision-making processes.

Board Restructuring

The board restructuring could lead to improved governance and strategic alignment, potentially addressing past operational challenges and aligning the company with shareholder interests.

New Financing Measures

Securing additional financing and improving cash management practices can enhance liquidity, providing the company with the necessary resources to stabilize operations and pursue strategic initiatives.

Negative Factors

Financial Instability

Ongoing financial instability, characterized by persistent losses and high leverage, threatens the company's ability to sustain operations and limits strategic flexibility.

Negative Cash Flow

Negative cash flow indicates liquidity issues, potentially hindering the company's ability to invest in growth opportunities and maintain operational stability over the long term.

Declining Revenue

Declining revenue trends highlight challenges in maintaining market position and competitiveness, potentially impacting long-term growth and profitability.

Asia Television Holdings Limited Business Overview & Revenue Model

Company Description

Asia Television Holdings Limited, an investment holding company, engages in the processing, printing, and selling of finished fabrics in the People's Republic of China, Hong Kong, and Malaysia. It is also involved in trading of fabrics and clothing; money lending and margin finance business; securities investment and brokerage activities; media, cultural, and entertainment business; and property and intellectual property holding business. In addition, the company offers subcontracting and management services, as well as securities underwriting and placing services. The company was formerly known as Co-Prosperity Holdings Limited and changed its name to Asia Television Holdings Limited in April 2018. Asia Television Holdings Limited was founded in 2003 and is headquartered in Tsim Sha Tsui, Hong Kong.

How the Company Makes Money

Asia Television Holdings Limited generates revenue through multiple streams. Primarily, the company earns money from advertising sales on its television broadcasts, where advertisers pay to promote their products during program slots. Additionally, the company engages in content production for both television and digital platforms, which can be monetized through licensing agreements and syndication. Furthermore, Asia Television may derive income from partnerships with other media organizations and collaborations that enhance content distribution. The company also explores revenue opportunities through branded content and sponsorship deals, leveraging its viewership to attract corporate partners.

Asia Television Holdings Limited Financial Statement Overview

Summary

Asia Television Holdings Limited is facing significant financial challenges with persistent losses, high leverage, and negative equity. The negative cash flow and profitability margins raise serious concerns about the company’s ability to improve its financial health without substantial strategic changes.

Income Statement

Asia Television Holdings Limited has been experiencing declining revenues and persistent losses over the years. The net profit margin has been negative, indicating a lack of profitability. The EBIT and EBITDA margins are also negative, reflecting ongoing operational challenges.

Balance Sheet

The company has a concerning debt-to-equity ratio due to negative equity, indicating high financial leverage and potential solvency risks. Furthermore, the negative stockholders' equity suggests the company is in a weak financial position. The assets are also insufficient to cover liabilities.

Cash Flow

Cash flow analysis reveals a lack of operational cash flow and negative free cash flow, which signifies liquidity issues. The absence of positive free cash flow growth highlights ongoing cash management challenges, potentially impacting the company’s ability to sustain operations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	79.54M	105.31M	77.09M	158.86M	154.10M
Gross Profit	-23.67M	-22.53M	-14.43M	-7.63M	-25.38M
EBITDA	-83.42M	-81.60M	-78.95M	-93.01M	-148.57M
Net Income	-120.10M	-132.38M	-184.41M	-260.67M	-173.12M
Balance Sheet
Total Assets	81.56M	126.94M	173.86M	398.28M	809.19M
Cash, Cash Equivalents and Short-Term Investments	4.58M	27.93M	13.68M	119.10M	195.09M
Total Debt	363.63M	356.08M	344.29M	365.65M	391.13M
Total Liabilities	848.08M	817.64M	694.09M	733.56M	787.34M
Stockholders Equity	-429.96M	-390.16M	-250.62M	-128.80M	126.27M
Cash Flow
Free Cash Flow	-85.37M	-28.89M	-4.64M	-16.41M	-53.53M
Operating Cash Flow	-85.31M	-28.03M	-4.64M	-2.40M	-35.78M
Investing Cash Flow	10.53M	-5.13M	-13.58M	-16.16M	-30.75M
Financing Cash Flow	62.85M	46.83M	-7.79M	3.69M	86.73M

Asia Television Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0707, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.51 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 Negative sentiment for HK:0707.

Asia Television Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1425	75 Outperform	HK$800.00M	5.07	21.11%	8.89%	-8.00%	-11.37%
1982	64 Neutral	HK$2.39B	6.29	14.74%	12.14%	-0.95%	2.58%
2030	63 Neutral	HK$989.52M	30.90	2.21%	1.28%	-14.05%	20.05%
1709	63 Neutral	HK$3.81B	8.74	27.59%	1.12%	22.22%	196.73%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1532	45 Neutral	HK$178.92M	-1.48	-31.61%	―	-39.86%	-377.55%
0707	40 Underperform	HK$133.73M	-0.63	―	―	-25.00%	23.32%

Asia Television Holdings Limited Corporate Events

Asia Television Holdings’ Liquidator Application Dismissed, Operations Unaffected

Asia Television Holdings Limited announced that their application for the appointment of joint provisional liquidators was dismissed by the Grand Court. The company stated that this decision will not materially affect its financial position or normal operations. Trading in the company’s shares remains suspended since August 2025, and the company plans to seek legal advice regarding the court’s decision.

Asia Television Holdings Seeks Joint Provisional Liquidators Amid Trading Suspension

Asia Television Holdings Limited has applied for the appointment of joint provisional liquidators (JPLs) to formulate a restructuring plan to ensure the company can continue operations and meet regulatory requirements. This move aims to protect the interests of the company, its shareholders, and creditors, as trading in the company’s shares remains suspended on the Hong Kong Stock Exchange.

Asia Television Holdings Updates on CEO Remuneration and Trading Suspension

Asia Television Holdings Limited has announced supplemental information regarding its 2023 and 2024 annual reports, specifically concerning the remuneration of its CEO, Mr. Wei Gang, who began receiving his salary following the approval of his working visa in April 2024. Additionally, the company has announced a continued suspension of trading of its shares on the Hong Kong Stock Exchange, effective since August 2025, advising shareholders and potential investors to exercise caution.

Asia Television Holdings Seeks Joint Provisional Liquidators Amid Trading Suspension

Asia Television Holdings Limited has applied for the appointment of joint provisional liquidators and submitted a winding-up petition to the Grand Court of the Cayman Islands. This move is intended to facilitate the formulation of a restructuring plan to ensure the company can continue operations and comply with regulatory requirements. Trading in the company’s shares remains suspended, and stakeholders are advised to exercise caution.

Asia Television Holdings Faces Financial Pressure Amid Trading Suspension

Asia Television Holdings Limited has announced that it has received a demand from its lender to repay approximately HK$483.6 million by 15 October 2025, failing which the lender will enforce securities on the company’s assets. The company has not yet been able to repay the outstanding amount and remains in communication with the lender. Trading of the company’s shares on the Hong Kong Stock Exchange has been suspended since 11 August 2025 and will remain so until further notice, advising shareholders and potential investors to exercise caution.

Asia Television Holdings Updates 2024 Annual Report on Share Options

Asia Television Holdings Limited has provided additional information regarding its 2024 Annual Report, specifically about the share options granted under its Share Option Scheme. The company clarified the number of share options available for grant and the accounting policies used for valuing these options. The Remuneration Committee emphasized that the share options were granted as incentives and rewards for directors and employees, aligning their interests with the company’s performance.