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Capital VC Limited (HK:2324)
:2324
Hong Kong Market
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Capital VC Limited (2324) AI Stock Analysis

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HK:2324

Capital VC Limited

(2324)

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Neutral 68 (OpenAI - 5.2)
Rating:68Neutral
Price Target:
HK$0.12
▼(-27.50% Downside)
Action:Reiterated
Date:06/13/26
The score is driven by improved financial performance with a low-leverage balance sheet, tempered by volatile multi-year results and weaker cash conversion. Valuation is a major positive due to the extremely low P/E, while technical signals are mixed/neutral with slightly negative MACD limiting upside.
Positive Factors
Profitability turnaround
A sharp profitability turnaround with materially higher revenue and strong operating/net margins indicates the business can generate sustainable earnings when conditions normalize. This improves capacity to fund operations, accumulate reserves, and invest in growth, enhancing long-term resilience.
Negative Factors
Multi-year volatility
Pronounced multi-year swings in profits and cash flows reduce predictability of future earnings and constrain strategic planning. Such structural volatility increases the risk that recent improvements may not persist, complicating capital allocation and undermining stakeholder confidence.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability turnaround
A sharp profitability turnaround with materially higher revenue and strong operating/net margins indicates the business can generate sustainable earnings when conditions normalize. This improves capacity to fund operations, accumulate reserves, and invest in growth, enhancing long-term resilience.
Read all positive factors

Capital VC Limited (2324) vs. iShares MSCI Hong Kong ETF (EWH)

Capital VC Limited Business Overview & Revenue Model

Company Description
Operating as a principal investment firm, Capital VC Limited primarily allocates capital to a diverse range of companies, encompassing both publicly traded and private entities, throughout Hong Kong and the People's Republic of China. This firm, w...

Capital VC Limited Financial Statement Overview

Summary
Latest annual results show a sharp profitability turnaround and improved operating/free cash flow, supported by a conservative balance sheet. Offsetting this, multi-year earnings and cash-flow volatility remains high and cash conversion is a concern (operating cash flow ~61% of net income, with sharply negative free cash flow growth vs. prior year).
Income Statement
68
Positive
Balance Sheet
74
Positive
Cash Flow
52
Neutral
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue153.14M146.56M20.32M-31.80M-26.43M83.28M
Gross Profit149.31M146.21M20.32M-97.57M-26.43M83.28M
EBITDA130.08M131.87M-13.76M-143.24M-65.60M64.39M
Net Income129.75M131.09M-19.92M-149.06M-88.13M62.72M
Balance Sheet
Total Assets515.99M474.94M352.97M378.59M511.70M554.32M
Cash, Cash Equivalents and Short-Term Investments144.95M150.52M199.33M218.12M309.91M322.15M
Total Debt31.11M35.08M43.18M55.10M21.89M23.90M
Total Liabilities33.22M36.34M45.47M58.74M42.79M28.10M
Stockholders Equity482.77M438.60M307.51M319.85M468.91M526.21M
Cash Flow
Free Cash Flow-41.39M22.18M-10.68M-26.23M-34.86M-20.23M
Operating Cash Flow-40.41M22.18M-10.68M-26.23M-34.17M-19.99M
Investing Cash Flow41.35M2.58M13.86M24.48M-7.09M11.63M
Financing Cash Flow44.64M-11.68M-11.10M11.23M39.96M3.44M

Capital VC Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.16
Price Trends
50DMA
0.12
Negative
100DMA
0.13
Negative
200DMA
0.13
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
47.83
Neutral
STOCH
30.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2324, the sentiment is Neutral. The current price of 0.16 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.12, and above the 200-day MA of 0.13, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.83 is Neutral, neither overbought nor oversold. The STOCH value of 30.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2324.

Capital VC Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
HK$95.43M0.3628.16%600.05%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
53
Neutral
HK$254.39M-6.45-14.47%13.08%-11.55%
51
Neutral
HK$202.22M-7.70-10.06%12.81%66.15%
49
Neutral
HK$202.72M-2.03-43.49%-7.51%76.88%
47
Neutral
HK$117.82M48.753.25%-88.66%
43
Neutral
HK$126.19M-77.27-12.09%130.87%88.89%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2324
Capital VC Limited
0.11
-0.04
-28.86%
HK:0510
CASH Financial Services Group
0.59
0.18
42.17%
HK:0356
DT Capital Ltd.
0.04
-0.03
-40.91%
HK:0804
Pinestone Capital Ltd
3.32
0.57
20.73%
HK:8168
Amasse Capital Holdings Limited
0.09
0.04
70.00%
HK:8365
Hatcher Group Limited
1.02
0.77
308.00%

Capital VC Limited Corporate Events

Capital VC Reports Unaudited Net Asset Value Per Share
Jul 15, 2026
Capital VC Limited, a Hong Kong-based venture capital and investment firm listed on the local bourse, reported its unaudited consolidated net asset value per share as at June 30, 2026. The company continues to operate through a board comprising ex...
Capital VC shifts shareholders toward electronic access for 2025/26 interim report
Jun 26, 2026
Capital VC Limited has released its Interim Report 2025/26, making both English and Chinese versions available on its corporate website and the Hong Kong Stock Exchange’s disclosure platform. Shareholders who previously opted for printed cor...
Capital VC posts 2025/26 interim report, pushes shift to digital communications
Jun 26, 2026
Capital VC Limited has released its Interim Report 2025/26, making the document available in both English and Chinese on its corporate website and on the Hong Kong Stock Exchange disclosure platform. Non-registered shareholders who previously opte...
Capital VC Reports Latest Net Asset Value Per Share
Jun 15, 2026
Capital VC Limited has reported an unaudited consolidated net asset value per share of approximately HK$0.5981 as at 31 May 2026, providing investors with an updated snapshot of the company’s underlying asset position. The disclosure, approv...
Capital VC Widens Interim Loss as Expenses Rise and No Dividend Declared
May 28, 2026
Capital VC Limited reported unaudited interim results for the six months ended 31 March 2026, showing a turnover loss of HK$1.11 million and an operating loss widening to HK$7.09 million compared with the same period last year. The group recorded ...
Capital VC Updates Market on April 2026 Net Asset Value
May 15, 2026
Capital VC Limited has reported an unaudited consolidated net asset value of approximately HK$0.5542 per share as at 30 April 2026, providing investors with an updated snapshot of the company’s underlying asset position. The disclosure helps...
Capital VC Sets Late-May Board Meeting to Approve Interim Results and Consider Dividend
May 14, 2026
Capital VC Limited has scheduled a board meeting for 28 May 2026 to review and approve its interim results for the six months ended 31 March 2026. The board will also consider the recommendation of a dividend and address any other corporate matter...
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.Date of analysis: Jun 13, 2026