Capital VC Limited (HK:2324)
:2324
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Capital VC Limited
(2324)
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Rating:67Neutral
Price Target:
HK$0.14
▼(-10.63% Downside)
Action:DowngradedDate:03/24/26
The score is driven mainly by improved financial performance (profitability turnaround and low leverage), supported by very cheap valuation (low P/E). Offsetting these positives are weak technical momentum and ongoing concerns about earnings durability and cash conversion given the company’s historical volatility.
Positive Factors
Profitability Turnaround
The company delivered a clear profitability turnaround in the latest annual period, reversing prior losses and generating strong operating and net profits. This indicates management can restore margins and scale operations profitably, providing a firmer earnings base for the next 2–6 months.
Negative Factors
Multi-year Earnings Volatility
Past swings between significant losses and recent profits indicate earnings are cyclical or event-driven rather than steadily recurring. This reduces confidence that current margins and profits will persist absent clearer recurring revenue streams or structural changes to reduce volatility.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability Turnaround
The company delivered a clear profitability turnaround in the latest annual period, reversing prior losses and generating strong operating and net profits. This indicates management can restore margins and scale operations profitably, providing a firmer earnings base for the next 2–6 months.
Read all positive factors
Capital VC Limited (2324) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$107.13M
Dividend YieldN/A
Average Volume (3M)559.98K
Price to Earnings (P/E)0.5
Beta (1Y)3.21
Revenue Growth2126.94%
EPS Growth36.49%
CountryHK
Employees17
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)0.27
Shares Outstanding900,256,500
10 Day Avg. Volume534,848
30 Day Avg. Volume559,980
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.15
Price to Sales (P/S)0.45
P/FCF Ratio2.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Capital VC Limited Business Overview & Revenue Model
Company Description
Capital VC Limited is a principal investment firm. It principally invests in listed and unlisted companies in Hong Kong and the People's Republic of China. It is formerly known as Sino Katalytics Investment Corporation. Capital VC Limited is based...
Capital VC Limited Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
74
Positive
Cash Flow
52
Neutral
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 146.56M | 20.32M | -31.80M | -26.43M | 83.28M |
| Gross Profit | 146.21M | 20.32M | -97.57M | -26.43M | 83.28M |
| EBITDA | 131.87M | -13.76M | -143.24M | -65.60M | 64.39M |
| Net Income | 131.09M | -19.92M | -149.06M | -88.13M | 62.72M |
Balance Sheet | |||||
| Total Assets | 474.94M | 352.97M | 378.59M | 511.70M | 554.32M |
| Cash, Cash Equivalents and Short-Term Investments | 150.52M | 199.33M | 218.12M | 309.91M | 322.15M |
| Total Debt | 35.08M | 43.18M | 55.10M | 21.89M | 23.90M |
| Total Liabilities | 36.34M | 45.47M | 58.74M | 42.79M | 28.10M |
| Stockholders Equity | 438.60M | 307.51M | 319.85M | 468.91M | 526.21M |
Cash Flow | |||||
| Free Cash Flow | 22.18M | -10.68M | -26.23M | -34.86M | -20.23M |
| Operating Cash Flow | 22.18M | -10.68M | -26.23M | -34.17M | -19.99M |
| Investing Cash Flow | 2.58M | 13.86M | 24.48M | -7.09M | 11.63M |
| Financing Cash Flow | -11.68M | -11.10M | 11.23M | 39.96M | 3.44M |
Capital VC Limited Technical Analysis
Negative
0.16
Price Trends
0.14
Negative
0.13
Negative
0.13
Negative
Market Momentum
>-0.01
Positive
30.50
Neutral
28.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2324, the sentiment is Negative. The current price of 0.16 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.14, and above the 200-day MA of 0.13, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 30.50 is Neutral, neither overbought nor oversold. The STOCH value of 28.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2324.
Capital VC Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | HK$107.13M | 0.50 | 35.48% | ― | 2126.94% | 36.49% | |
50 Neutral | HK$33.40M | -4.87 | -3.35% | ― | ― | ― | |
49 Neutral | HK$210.75M | -4.73 | -13.30% | ― | 50.60% | -12.96% | |
48 Neutral | HK$69.95M | 0.41 | 48.36% | ― | 34.66% | ― | |
47 Neutral | HK$203.39M | -4.52 | -26.49% | ― | -30.21% | -305.00% | |
44 Neutral | HK$77.49M | 5.56 | -439.49% | ― | -81.40% | -435.00% |
* Financial Sector Average
HK:2324
Capital VC Limited
0.12
0.02
23.96%
HK:8226
KOALA Financial Group
0.08
-0.04
-34.43%
HK:0804
Pinestone Capital Ltd
3.46
1.12
47.86%
HK:8123
Sinofortune Financial Holdings Limited
0.01
0.00
0.00%
HK:8168
Amasse Capital Holdings Limited
0.14
0.08
128.33%
HK:8193
Asia-Pac Financial Investment Company Limited
0.25
0.15
150.00%
Capital VC Limited Corporate Events
Capital VC Shareholders Unanimously Back Board, Accounts and Capital Mandates at AGM
Mar 30, 2026
Capital VC Limited reported that all resolutions proposed at its latest annual general meeting were passed by shareholders through a poll, with more than 50% of votes cast in favor of each item. The approved matters included receipt of the audited...
Capital VC Reports Unaudited NAV Per Share of HK$0.9457
Mar 13, 2026
Capital VC Limited has disclosed its unaudited consolidated net asset value per share as approximately HK$0.9457 as of 28 February 2026. The disclosure gives investors an updated snapshot of the company’s underlying asset base, offering a re...
Capital VC Raises HK$53 Million in Fully Placed Rights Issue to Fund New Investments
Mar 12, 2026
Capital VC Limited has completed a fully subscribed rights issue on the basis of one rights share for every existing share, raising gross proceeds of about HK$54 million, with estimated net proceeds of roughly HK$52.9 million. All 276,262,324 unsu...
Capital VC to Place 61% Unsubscribed Rights Shares, Potentially Trimming Fundraising Size
Feb 20, 2026
Capital VC Limited reported the take-up results of its rights issue, which offered one rights share for every existing share held on the record date. As of 10 February 2026, shareholders had validly applied for 173,865,925 rights shares, represent...
Capital VC Reports Unaudited Net Asset Value Per Share of HK$1.0157
Feb 13, 2026
Capital VC Limited has reported an unaudited consolidated net asset value per share of approximately HK$1.0157 as at 31 January 2026. The disclosure provides investors and stakeholders with an updated indication of the company’s per-share as...
Capital VC Calls 2026 AGM, Seeks Fresh Share Issue and Buyback Mandates
Jan 28, 2026
Capital VC Limited has convened its annual general meeting for 30 March 2026 in Hong Kong, where shareholders will review the audited financial statements for the year ended 30 September 2025, consider the re-election of retiring directors and the...
Capital VC Moves Shareholders Toward Electronic Access to 2024/25 Reports and AGM Documents
Jan 26, 2026
Capital VC Limited has informed its registered shareholders that its latest corporate communications, including the 2024/25 annual report, a circular on general mandates to repurchase and issue shares and the re-election of retiring directors, the...
Capital VC Publishes 2024/25 Annual Report and AGM Circular Online, Promotes E-Communications
Jan 26, 2026
Capital VC Limited has announced that its Annual Report 2024/25 and a circular dated 29 January 2026, covering general mandates to repurchase and issue shares, the re-election of retiring directors and the notice of its upcoming annual general mee...
Capital VC Reports Unaudited NAV Per Share of HK$0.9866 as of End-2025
Jan 15, 2026
Capital VC Limited has reported that its unaudited consolidated net asset value per share stood at approximately HK$0.9866 as of 31 December 2025. The disclosure provides shareholders and potential investors with an updated indication of the compa...
Capital VC Implements Capital Reorganisation and Revises Placing Terms
Jan 12, 2026
Capital VC Limited has confirmed that its previously approved capital reorganisation, involving a capital reduction and share subdivision, has become effective following court approval in the Cayman Islands, with trading in the adjusted shares com...
Capital VC Revises Timetable for Capital Reorganisation and Rights Issue
Jan 11, 2026
Capital VC Limited has announced a revised timetable for its proposed capital reorganisation and rights issue, following a court hearing in the Cayman Islands on 9 January 2026 and pending issuance and registration of the sealed order confirming t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.