Capital VC Limited (2324) AI Stock Analysis

• Market Cap: HK$75.17M
• Dividend Yield: N/A
• Average Volume (3M): 561.18K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.01
• Revenue Growth: N/A
• EPS Growth: 86.64%
• Country: HK
• Employees: 17
• Sector: Financial
• Sector Strength: 76
• Industry: Financial - Capital Markets
• EPS (TTM): -0.05
• Shares Outstanding: 450,128,230
• 10 Day Avg. Volume: 1,370,336
• 30 Day Avg. Volume: 561,179
• PEG Ratio: <0.01
• Price to Book (P/B): 0.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.15
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: ―

Capital VC Limited is facing significant financial and operational challenges, with persistent losses, negative cash flows, and fluctuating revenues. The technical analysis suggests a cautious approach due to mixed signals and potential overbought conditions. Valuation metrics indicate limited attractiveness for value investors. Overall, the stock presents high risks, requiring significant improvements in financial performance to enhance its investment appeal.

Capital VC Limited Business Overview & Revenue Model

Company Description

Capital VC Limited (2324) is a Hong Kong-based investment company engaged primarily in venture capital activities. The company focuses on investing in diverse sectors, including technology, healthcare, and financial services, aiming to support early-stage companies with growth potential. Capital VC Limited seeks to leverage its expertise to nurture innovative businesses and drive value creation for its stakeholders.

How the Company Makes Money

Capital VC Limited generates revenue primarily through its investment activities. The company invests in startups and early-stage companies across various industries, aiming for long-term capital appreciation. Revenue is derived from potential capital gains on the sale of equity stakes in portfolio companies and any dividends that may be received from these investments. Additionally, Capital VC Limited may earn consulting fees or management fees for advisory services provided to its investee companies. Strategic partnerships and collaborations with other investment firms can also enhance its deal flow and co-investment opportunities, contributing to its revenue streams.

Capital VC Limited Financial Statement Overview

Summary

Capital VC Limited faces significant financial difficulties, marked by negative profitability and fluctuating revenues. While leverage is low and equity remains a strong component of the capital structure, ongoing losses and negative cash flows pose serious challenges. The company needs to improve revenue stability and profitability to enhance its financial health.

Income Statement

The income statement reveals significant challenges with consistent negative revenue and net income over the past years. The gross profit margin is 100% due to negative costs, but the net profit margin remains negative at -98%. Revenue has fluctuated significantly, with a recent positive revenue of 20.3 million compared to negative figures in previous years. EBIT and EBITDA margins are concerning, with EBIT at 0% and EBITDA at -67.7% in 2024.

Balance Sheet

The balance sheet shows a relatively stable financial position with a debt-to-equity ratio of 0.14, indicating low leverage. However, the company has been experiencing a declining equity ratio, now at 87.1%, down from 94.2% in 2021. Return on equity is negative at -6.5%, reflecting continued losses.

Cash Flow

Cash flow analysis shows persistent negative free cash flow, with a slight improvement from -26.2 million to -10.7 million. The operating cash flow to net income ratio is dismal at 0.54. Free cash flow to net income ratio is also poor, indicating challenges in generating cash relative to earnings.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
20.32M	-31.80M	-25.15M	76.71M	-52.40M
	Gross Profit
20.32M	-92.31M	-25.15M	76.71M	-52.40M
	EBIT
2.56M	-143.41M	-85.05M	64.39M	-103.41M
	EBITDA
-13.76M	-143.24M	-65.60M	64.39M	-86.24M
	Net Income Common Stockholders
-19.92M	-149.06M	-93.58M	62.72M	-104.46M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
199.33M	218.12M	309.91M	322.15M	225.54M
	Total Assets
352.97M	378.59M	511.70M	554.32M	489.78M
	Total Debt
43.18M	33.32M	21.89M	23.90M	12.78M
	Net Debt
18.00M	21.99M	5.20M	11.99M	-4.06M
	Total Liabilities
45.47M	58.74M	42.79M	28.10M	41.11M
	Stockholders Equity
307.51M	319.85M	468.91M	526.21M	448.67M
Cash Flow		Free Cash Flow
-10.68M	-26.23M	-34.86M	-20.23M	-22.00M
	Operating Cash Flow
-10.68M	-26.23M	-34.17M	-19.99M	-22.00M
	Investing Cash Flow
13.86M	24.48M	-7.09M	11.63M	-699.99K
	Financing Cash Flow
-11.10M	0.00	39.96M	3.44M	13.50M

Capital VC Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2324, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.14, and below the 200-day MA of 0.17, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.68 is Neutral, neither overbought nor oversold. The STOCH value of 27.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2324.

Capital VC Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0090	68 Neutral	HK$265.99M	4.17	7.09%	―	1.92%	-16.90%
Sector *	64 Neutral	$12.73B	9.92	7.90%	78.88%	12.06%	-7.95%
0932	61 Neutral	HK$96.34M	―	-8.43%	―	-9.18%	-143.93%
1141	54 Neutral	HK$467.18M	9.49	3.78%	―	113.68%	―
2324	38 Underperform	HK$75.17M	―	-14.26%	―	―	86.64%
1269	25 Underperform	HK$86.86M	―		―	17.53%	-6.76%

Capital VC Limited Corporate Events

Capital VC Limited Reports Net Asset Value Update

Capital VC Limited announced that as of March 31, 2025, its unaudited consolidated net asset value per share was approximately HK$0.6671. This financial update provides stakeholders with insight into the company’s financial health and market valuation, which could influence investor confidence and market positioning.

Capital VC Limited Reports Unanimous Approval of AGM Resolutions

Capital VC Limited announced that all resolutions proposed at its Annual General Meeting (AGM) were passed with unanimous support from shareholders. The resolutions included the re-election of directors, approval of financial statements, and granting of mandates for share transactions. This successful AGM reflects strong shareholder confidence in the company’s strategic direction and governance, potentially enhancing its market position and stakeholder trust.

Capital VC Limited Announces Net Asset Value Update

Capital VC Limited announced that its unaudited consolidated net asset value per share as of February 28, 2025, was approximately HK$0.6736. This financial update provides stakeholders with a clear view of the company’s current financial standing, which may influence investor confidence and market perception.

Capital VC Limited Announces Net Asset Value

Capital VC Limited announced that its unaudited consolidated net asset value per share was approximately HK$0.7098 as of January 31, 2025. This financial disclosure provides insight into the company’s current financial standing, which is crucial for stakeholders monitoring the company’s market position and investment potential.