i-CABLE Communications (1097) AI Stock Analysis

• Market Cap: $271.12M
• Dividend Yield: N/A
• Average Volume (3M): 5.11M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.40
• Revenue Growth: -2.24%
• EPS Growth: 6.05%
• Country: HK
• Employees: 895
• Sector: Communication Services
• Sector Strength: 83
• Industry: Entertainment
• EPS (TTM): -0.08
• Shares Outstanding: 7,134,623,500
• 10 Day Avg. Volume: 1,552,320
• 30 Day Avg. Volume: 5,107,806
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.36
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.05
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score reflects the significant financial challenges faced by i-CABLE Communications, which are a major concern. The company's technical outlook provides some positive momentum, but the negative valuation metrics underscore the financial instability. These factors suggest a high-risk investment profile.

i-CABLE Communications Business Overview & Revenue Model

Company Description

i-CABLE Communications Limited (1097) is a Hong Kong-based company primarily involved in the provision of multimedia and telecommunications services. The company operates in several segments, including television, internet, multimedia advertising, and telecommunications. i-CABLE is known for offering a wide range of television services, including cable TV and broadband internet services, catering to both residential and commercial customers in the region.

How the Company Makes Money

i-CABLE Communications generates revenue primarily through subscription fees for its television and broadband internet services. The company offers various subscription packages, allowing customers to access a diverse array of television channels and high-speed internet services. Additionally, i-CABLE earns money through advertising revenue, leveraging its multimedia platforms to provide advertising opportunities to businesses. Partnerships with content providers and telecommunications firms also contribute to the company's earnings by enhancing service offerings and expanding customer reach.

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 a 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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	584.49M	597.90M	895.20M	989.20M	1.07B
Gross Profit	-174.76M	-218.15M	-241.59M	-36.37M	56.49M
EBITDA	-325.18M	-304.32M	-218.93M	-20.14M	43.47M
Net Income	-553.34M	-589.27M	-885.72M	-363.65M	-275.39M
Balance Sheet
Total Assets	882.52M	945.16M	879.49M	1.49B	1.61B
Cash, Cash Equivalents and Short-Term Investments	144.85M	63.31M	81.67M	78.89M	157.42M
Total Debt	2.28B	1.84B	1.18B	892.05M	773.47M
Total Liabilities	2.76B	2.27B	1.62B	1.34B	1.24B
Stockholders Equity	-1.88B	-1.33B	-739.53M	146.09M	365.17M
Cash Flow
Free Cash Flow	-334.73M	-406.98M	-251.65M	-214.26M	1.57M
Operating Cash Flow	-221.19M	-287.25M	-88.91M	-58.80M	109.96M
Investing Cash Flow	-110.39M	-119.69M	-161.40M	-170.08M	-103.19M
Financing Cash Flow	355.89M	394.19M	221.81M	141.50M	-91.30M

i-CABLE Communications Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 61.55 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, 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
1159	56 Neutral	HK$390.25M	―		―	-49.75%	48.12%
Sector *	55 Neutral	HK$63.77B	-1.81	-3.61%	6.50%	-4.24%	-17.51%
1097	54 Neutral	$271.12M	―		―	-2.24%	6.05%
0953	53 Neutral	HK$232.82M	―	-1.32%	―	-21.40%	-100.00%
1132	52 Neutral	HK$134.38M	―	-12.77%	―	-8.19%	-498.76%
8082	49 Neutral	HK$201.28M	―	-110.51%	―	-33.40%	29.14%
0491	40 Underperform	HK$115.68M	―		―	-7.95%	-89.82%

i-CABLE Communications Corporate Events

i-CABLE Communications’ AGM Resolutions Passed with Strong Shareholder Support

i-CABLE Communications Limited announced the successful passing of all proposed resolutions at its Annual General Meeting held on June 16, 2025. The resolutions included the re-election of several directors, the authorization of the board to fix directors’ remuneration, the re-appointment of PricewaterhouseCoopers as the company’s auditor, and the granting of general mandates for share buy-back and issuance. The approval of these resolutions by a significant majority of shareholders reflects strong support for the company’s current governance and strategic direction.

i-CABLE Communications Announces Key Leadership Change

i-CABLE Communications Limited has announced a change in its company secretary and authorized representative, with Ms. Lau Yee Wa resigning and Mr. Lee Lung Piu taking over the roles effective May 30, 2025. Mr. Lee, who joined the company in January 2024 as the financial controller, brings over 15 years of experience in accounting, financial management, and corporate governance, which is expected to strengthen the company’s operational and governance framework.

i-CABLE Communications Announces Annual General Meeting and Key Resolutions

i-CABLE Communications Limited has announced its annual general meeting scheduled for June 16, 2025, where key agenda items include the re-election of several directors and the re-appointment of PricewaterhouseCoopers as the company’s auditor. Additionally, the meeting will address resolutions regarding the company’s authority to buy back shares and issue additional shares, which could impact the company’s market operations and shareholder value.