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Starlight Culture Entertainment Group Limited
(1159)
Starlight Culture Entertainment Group Limited (1159) vs. iShares MSCI Hong Kong ETF (EWH)
Starlight Culture Entertainment Group Limited Business Overview & Revenue Model
Starlight Culture Entertainment Group Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 40.37M | 80.34M | 60.25M | 199.39M | 47.76M |
| Gross Profit | 37.95M | 8.06M | 4.03M | -95.39M | -28.24M |
| EBITDA | 22.30M | 40.00M | -101.05M | -396.19M | -130.73M |
| Net Income | -28.38M | -45.72M | -135.87M | -399.26M | -162.28M |
Balance Sheet | |||||
| Total Assets | 442.76M | 476.53M | 566.72M | 720.88M | 1.02B |
| Cash, Cash Equivalents and Short-Term Investments | 38.83M | 52.00M | 145.37M | 290.64M | 443.90M |
| Total Debt | 420.63M | 443.35M | 381.39M | 395.55M | 515.64M |
| Total Liabilities | 824.78M | 854.78M | 897.26M | 911.75M | 841.88M |
| Stockholders Equity | -382.02M | -377.74M | -330.18M | -189.85M | 202.55M |
Cash Flow | |||||
| Free Cash Flow | 18.88M | -9.09M | -65.62M | 105.36M | -986.00K |
| Operating Cash Flow | 39.73M | -9.08M | -65.61M | 106.23M | 120.00K |
| Investing Cash Flow | -2.31M | 104.00K | -17.00K | -820.00K | -1.20M |
| Financing Cash Flow | -50.37M | -18.35M | -29.34M | -92.03M | -36.38M |
Starlight Culture Entertainment Group Limited Technical Analysis
Starlight Culture Entertainment Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | HK$24.58B | 3.79 | -2.03% | 6.58% | -0.32% | -67.68% | |
56 Neutral | HK$455.29M | ― | ― | -49.75% | 48.12% | ||
52 Neutral | HK$303.72M | ― | -36.91% | ― | -30.68% | -63.06% | |
51 Neutral | HK$205.84M | ― | -1.32% | ― | -21.40% | -100.00% | |
48 Neutral | HK$42.21B | 27.01 | -1.40% | ― | 0.52% | -124.50% | |
46 Neutral | HK$574.60M | ― | -20.32% | ― | 27.72% | -117.07% | |
41 Neutral | HK$106.04M | ― | ― | -7.95% | -89.82% |
Starlight Culture Entertainment Group Limited Corporate Events
Starlight Culture Entertainment Group Limited has announced a placing of new shares under a general mandate. The company has entered into a placing agreement with a sole agent to issue up to 23,600,000 new shares at a price of HK$1.69 per share, representing a discount to recent trading prices. The proceeds, estimated at approximately HK$38.7 million after expenses, will be used to repay debts, explore new business opportunities, and replenish working capital. The placing is not subject to shareholder approval and is contingent upon certain conditions being met.
Starlight Culture Entertainment Group Limited has revised the terms of reference for its Nomination Committee, which was initially established in 2012. The committee is responsible for overseeing the nomination process for board members, ensuring diversity and independence among its members. The updated terms emphasize the importance of having a majority of independent non-executive directors and include provisions for appointing and removing committee members, as well as designating a chairman. This revision aims to enhance the governance structure of the company, potentially impacting its operational efficiency and stakeholder confidence.
Smart Digital Technology Group Limited, a company incorporated in Bermuda, held its Annual General Meeting on June 27, 2025. During the meeting, all resolutions proposed were unanimously approved by the shareholders through a poll. These resolutions included the acceptance of the audited financial statements for the year ending December 31, 2024, the re-election of executive directors Mr. Jing Xufeng and Mr. Sang Kangqiao, and independent non-executive director Mr. Wu Hongliang, as well as the authorization for the board to set directors’ remunerations. Additionally, Prism Hong Kong Limited was re-appointed as the company’s auditor.
Smart Digital Technology Group Limited has successfully completed the placement of 19,700,000 new shares under its General Mandate, representing approximately 16.66% of the company’s enlarged share capital. The placement, which raised net proceeds of approximately HK$6.9 million, aims to repay debts and bolster the company’s working capital, potentially strengthening its financial position and operational capabilities.
Smart Digital Technology Group Limited has announced its Annual General Meeting (AGM) scheduled for June 27, 2025, in Hong Kong. The meeting will address several key resolutions including the approval of the audited financial statements for the year ending December 31, 2024, re-election of directors, re-appointment of the auditor, and authorization for the board to manage remuneration and share capital issuance. These resolutions, if passed, will enable the company to continue its operations smoothly and potentially expand its capital base, impacting its strategic positioning and shareholder value.
Smart Digital Technology Group Limited, along with its subsidiaries, is actively working to address financial challenges and improve its liquidity position. The company is conducting a placing of new shares to raise approximately HK$6.9 million, which will be used to repay debts and replenish working capital. Additionally, the group is negotiating with lenders for loan renewals, exploring new business opportunities in the metaverse and new energy sectors, implementing cost control strategies, and acquiring copyrights for content production to enhance cash flow.
Starlight Culture Entertainment Group Limited announced a supplemental agreement to its existing placing agreement, adjusting the placing price of new shares from HK$0.355 to HK$0.361. This adjustment represents discounts to the recent stock prices and is intended to raise approximately HK$6.9 million in net proceeds, which will be used to repay debts and enhance working capital.
Smart Digital Technology Group Limited, listed on the Hong Kong Stock Exchange, has announced a trading halt of its securities effective from 9:00 a.m. on 12 May 2025. This halt is pending the release of an announcement related to inside information, indicating potentially significant developments that could impact the company’s operations or market position.
Starlight Culture Entertainment Group Limited has announced a placement of new shares under a general mandate. The company plans to issue a maximum of 19,700,000 shares at a price of HK$0.355 each, which represents a significant discount to recent trading prices. This move is expected to raise approximately HK$6.8 million in net proceeds, which will be used to repay debts and enhance the company’s working capital. The placement does not require shareholder approval and is subject to certain conditions. The successful completion of this placement could impact the company’s financial stability and market positioning.