Imperium Technology Group Limited (0776) AI Stock Analysis

• Market Cap: HK$347.12M
• Dividend Yield: N/A
• Average Volume (3M): 2.21M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: -29.01%
• EPS Growth: 67.40%
• Country: HK
• Employees: 137
• Sector: Consumer Cyclical
• Sector Strength: 83
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -0.06
• Shares Outstanding: 373,243,200
• 10 Day Avg. Volume: 3,063,850
• 30 Day Avg. Volume: 2,208,355
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$1.00
• Price Target Upside: 8.70% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 41 Neutral
• Price Target: HK$1.00 ▲(8.70% Upside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by declining revenues, persistent losses, and a weak balance sheet. Technical analysis also indicates weak momentum, and the valuation is unattractive due to a negative P/E ratio and lack of dividend yield.

Imperium Technology Group Limited Business Overview & Revenue Model

Company Description

Imperium Technology Group Limited, an investment holding company, manufactures and sells household furnishing products and accessories. The company operates through six segments: Game Publishing, Cloud Computing and Data Storage, Esports, Household Products, Property Investment, and Money Lending. It produces stainless steel home furnishing products for kitchens and bathrooms; and offers diversified financial products, including personal loans, home mortgages, equity financing and mortgage, and corporate finance. The company is also involved in cryptocurrency mining and rental of machines to customers to engage in cryptocurrency mining; and participating in esports competitions, streaming and marketing events, and merchandise sales. In addition, it invests in properties; and designs and develops mobile and computer games in Hong Kong, the People's Republic of China, East and South Asia, and internationally. The company was formerly known as Imperium Group Global Holdings Limited and changed its name to Imperium Technology Group Limited in July 2021. Imperium Technology Group Limited was founded in 1999 and is based in Kwun Tong, Hong Kong. Imperium Technology Group Limited is a subsidiary of Diamond State Holdings Limited.

How the Company Makes Money

Imperium Technology Group Limited generates revenue through multiple streams. The primary source of income comes from its gaming division, which includes the development, marketing, and sales of video games and related products. The company also makes money through its cloud computing services by providing infrastructure and platform solutions to businesses requiring scalable and secure computing resources. Additionally, Imperium Technology has ventured into e-commerce, where it earns money through online sales and partnerships aimed at expanding its digital marketplace offerings. Key partnerships with technology vendors and gaming studios contribute significantly to its revenue by enhancing product offerings and expanding its customer base globally.

Imperium Technology Group Limited Financial Statement Overview

Summary

Imperium Technology Group Limited faces substantial financial challenges with declining revenues, persistent losses, and a weak balance sheet characterized by negative equity and high leverage. The lack of positive cash flow further exacerbates liquidity concerns, pointing to significant financial instability and the need for strategic restructuring.

Income Statement

The company has experienced a significant decline in revenue over recent years, with a revenue decrease from 186.36M in 2020 to 51.51M in 2024. The gross profit margin improved to 39.4% in 2024 but has been inconsistent historically. Net profit margins remain negative, indicating unprofitability, with a net income loss of 43.19M in 2024. EBIT and EBITDA margins are also negative, further highlighting operational challenges.

Balance Sheet

The balance sheet reveals a concerning financial structure with negative stockholders' equity of -181.87M in 2024, indicating insolvency risk. The debt-to-equity ratio is not meaningful due to negative equity, and total debt has consistently exceeded total assets. The equity ratio is negative, suggesting high financial leverage and potential liquidity issues.

Cash Flow

Cash flow analysis shows a lack of positive operating cash flow, with operating and free cash flows at zero in 2024. Historical cash flows indicate persistent negative free cash flow, and the company is unable to generate sufficient cash from operations to cover capital expenditures, posing significant liquidity risks.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.51M	72.56M	133.10M	161.12M	186.36M
Gross Profit	20.29M	10.64M	20.42M	19.21M	10.41M
EBITDA	-10.80M	-67.91M	-119.74M	-54.45M	-52.33M
Net Income	-43.20M	-127.73M	-180.35M	-100.38M	-81.87M
Balance Sheet
Total Assets	87.16M	100.93M	246.42M	288.49M	223.77M
Cash, Cash Equivalents and Short-Term Investments	17.98M	10.19M	49.09M	65.70M	55.15M
Total Debt	219.85M	305.90M	282.14M	208.06M	188.61M
Total Liabilities	266.41M	353.74M	374.73M	300.93M	268.96M
Stockholders Equity	-181.87M	-252.58M	-124.01M	-14.65M	-48.75M
Cash Flow
Free Cash Flow	-22.67M	-51.61M	-65.79M	-102.25M	-38.34M
Operating Cash Flow	-21.68M	-51.43M	-23.92M	-54.26M	-2.63M
Investing Cash Flow	1.21M	-5.43M	-48.44M	-46.05M	-46.28M
Financing Cash Flow	13.66M	23.65M	71.08M	85.95M	42.02M

Imperium Technology Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.92
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0776, the sentiment is Negative. The current price of 0.92 is below the 20-day moving average (MA) of 1.03, below the 50-day MA of 0.99, and below the 200-day MA of 2.29, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 40.04 is Neutral, neither overbought nor oversold. The STOCH value of 19.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0776.

Imperium Technology Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0229	67 Neutral	HK$471.25M	9.26	7.53%	13.62%	-12.47%	-26.29%
1418	62 Neutral	HK$428.75M	4.17	10.72%	9.58%	-1.05%	-2.97%
Sector *	61 Neutral	$17.97B	12.87	-5.30%	2.97%	1.26%	-14.45%
6822	59 Neutral	HK$297.50M	13.78	-4.25%	9.41%	8.85%	-18.82%
2222	46 Neutral	HK$410.89M	1.33	-2.05%	―	-4.69%	-123.25%
0684	44 Neutral	HK$199.83M	―	-12.11%	25.00%	-4.04%	-39.02%
0776	41 Neutral	HK$347.12M	―		―	-29.01%	67.40%

Imperium Technology Group Limited Corporate Events

Imperium Technology Announces Executive Director Resignation

Imperium Technology Group Limited announced the resignation of Mr. Cheng Ting Kong as an executive director and chairman of the board, effective July 3, 2025, due to other commitments. The company expressed gratitude for Mr. Cheng’s contributions, and his departure is not expected to cause any disagreements or issues requiring shareholder attention.

Imperium Technology Group Announces Board Composition

Imperium Technology Group Limited has announced the composition of its board of directors, detailing the roles and functions of each member. The board includes both executive and independent non-executive directors, with specific members serving on the audit, remuneration, and nomination committees, which may influence the company’s governance and strategic decision-making.

Imperium Technology Group Successfully Passes All AGM Resolutions

Imperium Technology Group Limited announced the successful passing of all resolutions at its Annual General Meeting held on June 27, 2025. The resolutions included approving the audited financial statements for 2024, re-electing directors, authorizing the board to fix directors’ remuneration, re-appointing auditors, and granting mandates related to share issuance and repurchase. These decisions are expected to strengthen the company’s governance and operational capabilities, enhancing its strategic positioning in the technology sector.

Imperium Technology Group Forms Nomination Committee to Enhance Board Governance

Imperium Technology Group Limited has established a Nomination Committee to identify and recommend candidates for its board of directors, oversee board performance evaluations, and develop nomination guidelines. The committee, composed mainly of independent non-executive directors, is tasked with ensuring board diversity and effectiveness, and it holds the authority to seek independent professional advice as needed.

Imperium Technology Completes Major Share Placement

Imperium Technology Group Limited announced the completion of a significant share placement by a controlling shareholder, resulting in the placement of 141,540,000 shares, which represents approximately 37.92% of the company’s issued share capital. This transaction, completed at a price of HK$0.65 per share, amounted to HK$92,001,000. Despite the share placement, the vendor retains a controlling stake in the company with 19.53% of the share capital. The placement did not result in any of the placees becoming substantial shareholders, maintaining the company’s existing shareholder structure. This strategic move is expected to impact the company’s market dynamics and shareholder composition.

Imperium Technology Group Schedules 2025 AGM with Key Resolutions

Imperium Technology Group Limited has announced its upcoming annual general meeting scheduled for June 27, 2025, in Hong Kong. The meeting will address several key resolutions, including the re-election of directors, the authorization of directors’ remuneration, and the re-appointment of auditors. Additionally, the company seeks approval to allot and issue additional shares, not exceeding 20% of the current shares in issue, which could impact its market positioning and shareholder value.

Imperium Technology Expands Share Placement Agreement

Imperium Technology Group Limited has announced a revision to its existing share placement agreement, increasing the number of shares available for placement from 93,310,000 to 145,000,000. This move, facilitated by Waton Securities International Limited, aims to optimize the company’s market positioning, although stakeholders are advised to exercise caution as the placement may not be fully executed.