i-CABLE Communications (1097) AI Stock Analysis

• Market Cap: $742.00M
• Dividend Yield: N/A
• Average Volume (3M): 21.91M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.18
• Revenue Growth: -4.39%
• EPS Growth: 20.40%
• Country: HK
• Employees: 895
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): -0.03
• Shares Outstanding: 7,134,623,500
• 10 Day Avg. Volume: 49,368,839
• 30 Day Avg. Volume: 21,909,785
• PEG Ratio: 0.07
• Price to Book (P/B): -0.11
• Price to Sales (P/S): 0.36
• P/FCF Ratio: -0.64
• Enterprise Value/Market Cap: 3.53
• Enterprise Value/Revenue: 4.47
• Enterprise Value/Gross Profit: -17.05
• Enterprise Value/Ebitda: -8.92
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: HK$0.11 ▼(-11.67% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, which poses significant solvency risks. Technical analysis provides some support with neutral indicators, but valuation remains unattractive due to ongoing losses. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Subscription-Based Revenue Model

A subscription-based model provides predictable and recurring revenue streams, enhancing financial stability and allowing for better cash flow management.

Diverse Revenue Streams

Diversified revenue sources reduce dependency on a single stream, mitigating risks and providing multiple avenues for growth and resilience in market downturns.

Strategic Partnerships

Partnerships enhance service offerings and expand the customer base, supporting long-term growth and competitive positioning in the multimedia market.

Negative Factors

Declining Revenue

Declining revenue trends indicate weakening market position and customer retention challenges, potentially impacting long-term sustainability and growth.

Negative Cash Flow

Inability to generate positive cash flow from operations limits financial flexibility and investment capacity, posing a risk to future operational stability.

High Leverage and Negative Equity

High leverage and negative equity increase insolvency risks, restricting the company's ability to secure financing and invest in growth opportunities.

i-CABLE Communications Business Overview & Revenue Model

Company Description

i-CABLE Communications Limited, an investment holding company, provides integrated communications services in Hong Kong. The company operates through Media and Telecommunications segments. The Media segment offers television subscription, domestic free television program, advertising, channel carriage, television relay, program licensing, theatrical release, and other related services. The Telecommunications segment includes operations related to broadband internet access, portal operations, telephony, network leasing, network construction, and mobile agency services, as well as other related businesses. The company owns and operates wireline telecommunications network, which provides media and telecommunications services to approximately two million households. The company also produces television and multimedia content focusing on news, information, sports, and entertainment. In addition, it provides technical services; and film production, distribution, and licensing services. The company was incorporated in 1999 and is based in Tsuen Wan, Hong Kong.

How the Company Makes Money

i-CABLE Communications generates revenue through multiple streams, primarily from subscriptions to its broadband internet services, pay television packages, and telephony services. The company charges customers a monthly fee for its various service plans, which are tiered based on speed and content offerings. Additionally, i-CABLE earns income from advertising sales on its television channels and digital platforms, leveraging its audience reach to attract advertisers. Significant partnerships with content providers and telecom infrastructure suppliers also enhance its service offerings and drive revenue. The company may also engage in strategic collaborations that allow it to expand its content library and enhance its competitive position in the market, further contributing to its earnings.

i-CABLE Communications Financial Statement Overview

Summary

i-CABLE Communications is experiencing significant financial challenges, including declining revenues, persistent losses, high leverage, and negative equity. These issues indicate potential solvency risks and the need for strategic restructuring to improve financial health.

Income Statement

The company shows consistent revenue decline with a significant drop from 2019 to 2024. The net profit margin remains negative, indicating continuous losses. Gross profit margins are also negative, highlighting a lack of efficiency in cost management.

Balance Sheet

The balance sheet reveals a deteriorating financial position with negative stockholders' equity since 2022 and increasing debt levels. The debt-to-equity ratio is concerning, and the equity ratio is negative, indicating insolvency risks.

Cash Flow

Cash flow analysis shows an absence of free cash flow growth and negative operating cash flow over the years. The company's inability to generate positive cash flow from operations is a major concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	584.83M	584.49M	597.90M	895.20M	989.20M	1.07B
Gross Profit	-153.49M	-174.76M	-218.15M	-241.59M	-36.37M	56.49M
EBITDA	-293.40M	-325.18M	-306.06M	-218.93M	-20.14M	67.62M
Net Income	-515.23M	-553.34M	-589.27M	-885.72M	-363.65M	-275.39M
Balance Sheet
Total Assets	851.76M	882.52M	945.16M	879.49M	1.49B	1.61B
Cash, Cash Equivalents and Short-Term Investments	121.25M	80.01M	63.31M	81.67M	176.45M	157.42M
Total Debt	2.47B	2.28B	1.84B	1.18B	892.05M	773.47M
Total Liabilities	2.95B	2.76B	2.27B	1.62B	1.34B	1.24B
Stockholders Equity	-2.10B	-1.88B	-1.33B	-739.53M	146.09M	365.17M
Cash Flow
Free Cash Flow	-252.22M	-334.73M	-406.98M	-251.65M	-214.26M	1.57M
Operating Cash Flow	-188.26M	-221.19M	-287.25M	-88.91M	-58.80M	109.96M
Investing Cash Flow	-78.60M	-110.39M	-119.69M	-161.40M	-170.08M	-103.19M
Financing Cash Flow	271.95M	355.89M	394.19M	221.81M	141.50M	-91.30M

i-CABLE Communications Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1097, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.11, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.60 is Neutral, neither overbought nor oversold. The STOCH value of 80.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1097.

i-CABLE Communications Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
1097	47 Neutral	$742.00M	-1.44	―	―	-4.39%	20.40%
0491	46 Neutral	HK$112.47M	―	―	―	-2.81%	80.19%
1132	45 Neutral	HK$173.58M	―	24.24%	―	-7.90%	93.34%
0953	45 Neutral	HK$418.78M	295.00	0.29%	―	206.38%	―
1159	43 Neutral	HK$326.27M	1.75	―	―	-57.01%	―
8082	42 Neutral	HK$272.22M	―	-374.96%	―	-60.87%	-61.34%

i-CABLE Communications Corporate Events

i-CABLE Communications Appoints New Executive Director

i-CABLE Communications Limited has announced the appointment of Ms. Wong Nga Fan as an executive director, effective from September 16, 2025. Ms. Wong brings over 25 years of experience in the digital media and marketing industry, having held significant roles in various companies, including VS Media Limited and Yahoo!. Her appointment is expected to enhance the company’s digital strategy and strengthen its market position in Asia.

i-CABLE Communications Limited Announces Board of Directors and Committee Roles

i-CABLE Communications Limited has announced the composition of its board of directors, detailing the roles and functions of each member. This announcement outlines the structure of the board, which includes both executive and non-executive directors, as well as independent non-executive directors, and highlights the membership of various board committees. This update is significant for stakeholders as it provides clarity on the governance and leadership structure of the company, which can impact its strategic direction and operational decisions.