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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 |
|---|---|---|---|---|---|---|---|
61 Neutral | $17.60B | 14.14 | -5.40% | 3.04% | 1.49% | -15.29% | |
61 Neutral | HK$47.23B | 35.56 | 7.01% | ― | -13.62% | -8.47% | |
55 Neutral | HK$452.52M | 2.40 | ― | -57.01% | ― | ||
51 Neutral | HK$489.77M | ― | 0.29% | ― | 206.38% | ― | |
51 Neutral | HK$294.66M | ― | -36.91% | ― | -30.68% | -63.06% | |
46 Neutral | HK$574.60M | ― | -20.32% | ― | -6.36% | -166.67% | |
46 Neutral | HK$112.47M | ― | ― | -7.95% | -89.82% |
Starlight Culture Entertainment Group Limited Corporate Events
Smart Digital Technology Group Limited announced its interim results for the six months ending June 30, 2025. The company reported a significant increase in profit, achieving HK$150,996,000 compared to a loss of HK$11,286,000 in the same period of 2024. This turnaround was primarily driven by a gain on the disposal of subsidiaries amounting to HK$244,670,000, despite a decrease in revenue and an increase in impairment losses on prepayments and other assets. The results indicate a strategic shift in the company’s operations, potentially impacting its market positioning and stakeholder interests.
Smart Digital Technology Group Limited has announced a board meeting scheduled for August 15, 2025, to approve and publish the interim results for the first half of 2025. This meeting is significant as it will provide insights into the company’s performance and strategic direction, potentially impacting its market positioning and stakeholder interests.
Smart Digital Technology Group Limited, listed on the Hong Kong Stock Exchange, has announced a positive profit alert for the first half of 2025. The company expects a significant turnaround with a projected net profit between HK$145.0 million and HK$155.0 million, compared to a loss in the same period last year, primarily due to a one-off net gain from the disposal of subsidiaries.
Smart Digital Technology Group Limited, along with its subsidiaries, operates in the technology sector, focusing on digital innovations and new business ventures such as short video production, web series drama, metaverse, and new energy business. The company has recently completed two rounds of share placements, raising net proceeds of HK$6.9 million and HK$38.7 million respectively, which are intended for debt repayment, working capital replenishment, and new business development. The Group is actively negotiating loan extensions and has settled significant loan amounts, while also securing copyrights for novel adaptations and entering strategic partnerships in the energy sector to enhance its revenue streams and shareholder returns.
Starlight Culture Entertainment Group Limited has successfully completed the placing of 23,600,000 new shares under a general mandate. This placement, which represents about 16.64% of the company’s enlarged share capital, raised approximately HK$38.7 million in net proceeds. The funds will be used for debt repayment, development of new business opportunities, and replenishment of working capital. The placing did not result in any new substantial shareholders, as all placees are independent third parties.
Smart Digital Technology Group Limited, a company incorporated in Bermuda, announced the cancellation of the extension of the Long Stop Date related to the placing of new shares under a general mandate. The Long Stop Date will remain as 25 July 2025, and trading in the company’s shares, which was suspended, will resume on the same day. This decision may impact shareholders and potential investors, who are advised to exercise caution.
Smart Digital Technology Group Limited, a company listed on the Hong Kong Stock Exchange, has announced a trading halt in its securities. This decision was made pending the release of an announcement related to inside information, which could have significant implications for the company’s operations and stakeholders.
Smart Digital Technology Group Limited has announced an extension of the Long Stop Date related to the placement of new shares under a general mandate. The company and its placing agent have agreed to extend the deadline from July 25, 2025, to July 30, 2025, allowing more time to fulfill the conditions precedent of the Placing Agreement. This extension highlights the company’s ongoing efforts to meet necessary conditions for the share placement, which may impact shareholder and investor decisions.
Smart Digital Technology Group Limited has announced a supplemental plan for placing new shares under a general mandate, intending to raise approximately HK$38.7 million. The proceeds will be allocated towards debt repayment, development of new business opportunities, and replenishment of working capital, with specific timelines for each use, potentially impacting the company’s financial stability and growth prospects.
Smart Digital Technology Group Limited, together with its subsidiaries, operates in the technology sector, focusing on digital solutions and innovations. The company announced that it has fully utilized the HK$26.4 million net proceeds from the placement of new shares in January 2024 for debt repayment and general working capital. Additionally, the company provided details about its New Share Option Scheme, with 8,235,647 shares available for grant as of December 31, 2024, reflecting adjustments due to a capital reduction.
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.