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hmvod Limited (HK:8103)
:8103
Hong Kong Market

hmvod Limited (8103) AI Stock Analysis

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HK:8103

hmvod Limited

(8103)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
HK$0.19
▼(-4.00% Downside)
Action:ReiteratedDate:02/11/26
The score is primarily constrained by very weak financial health (losses, negative cash flows, and negative equity). Technical momentum is currently positive but appears overextended (very high RSI), and valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Digital VOD platform (scalable business model)
Running an online video-on-demand platform is a durable, scalable digital business model: distribution has low marginal costs and can support recurring revenue streams (subscriptions/licensing) and geographic reach. If monetization improves, platform scale can drive long-term margin leverage.
Negative Factors
Negative stockholders' equity
Negative equity is a fundamental solvency red flag: liabilities exceed assets, limiting borrowing capacity, elevating creditor risk and covenant pressure, and often forcing equity injections or restructuring. This condition materially constrains strategic options over multiple months.
Read all positive and negative factors
Positive Factors
Negative Factors
Digital VOD platform (scalable business model)
Running an online video-on-demand platform is a durable, scalable digital business model: distribution has low marginal costs and can support recurring revenue streams (subscriptions/licensing) and geographic reach. If monetization improves, platform scale can drive long-term margin leverage.
Read all positive factors

hmvod Limited (8103) vs. iShares MSCI Hong Kong ETF (EWH)

hmvod Limited Business Overview & Revenue Model

Company Description
hmvod Limited (8103) is a company operating in the digital entertainment sector, primarily focusing on providing video-on-demand services. The company offers a diverse range of content, including movies, TV shows, and original programming, caterin...
How the Company Makes Money
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hmvod Limited Financial Statement Overview

Summary
Financial statements indicate severe weakness: declining revenue (~21% drop), persistent losses with negative EBIT/EBITDA margins, negative operating and free cash flow, and negative stockholders’ equity (liabilities exceed assets), creating elevated solvency and liquidity risk.
Income Statement
30
Negative
Balance Sheet
25
Negative
Cash Flow
20
Very Negative
BreakdownMar 2024Mar 2023Sep 2022Mar 2021Mar 2020
Income Statement
Total Revenue17.55M22.11M23.99M36.18M32.84M
Gross Profit4.31M-1.88M8.01M13.08M3.52M
EBITDA-12.93M-835.00K-5.66M-16.62M4.77M
Net Income-14.88M-6.76M-12.33M-28.14M-8.60M
Balance Sheet
Total Assets3.54M24.98M17.94M24.79M34.62M
Cash, Cash Equivalents and Short-Term Investments325.00K13.86M2.39M1.88M1.11M
Total Debt24.31M31.16M40.48M43.46M40.24M
Total Liabilities73.61M79.83M89.88M87.54M101.77M
Stockholders Equity-65.73M-50.86M-67.11M-54.77M-58.90M
Cash Flow
Free Cash Flow-4.76M-5.81M-6.29M-29.83M-12.73M
Operating Cash Flow-4.67M-5.81M-6.13M-29.77M-12.37M
Investing Cash Flow-54.00K73.00K-331.00K-65.00K-363.00K
Financing Cash Flow-8.82M17.20M6.99M30.61M12.50M

hmvod Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.20
Price Trends
50DMA
0.19
Positive
100DMA
0.17
Positive
200DMA
0.17
Positive
Market Momentum
MACD
<0.01
Positive
RSI
50.73
Neutral
STOCH
29.03
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8103, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.19, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.73 is Neutral, neither overbought nor oversold. The STOCH value of 29.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8103.

hmvod Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
HK$196.02M1.832.15%4.19%-52.73%
66
Neutral
HK$78.86M7.116.73%7.87%-1.57%-18.62%
63
Neutral
HK$93.98M4.489.09%6.41%3.21%-12.00%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
55
Neutral
HK$208.54M-3.11-33.88%-18.19%4.52%
44
Neutral
HK$25.63M-1.8030.94%-32.50%-106.28%
41
Neutral
HK$31.61M-4.54-98.74%-28.13%-300.00%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8103
hmvod Limited
0.20
-0.03
-12.78%
HK:0318
Vongroup Limited
0.68
0.38
126.67%
HK:0465
Futong Technology Development Holdings Ltd.
0.67
0.39
139.29%
HK:8033
Vodatel Networks Holdings Limited
0.13
0.03
31.96%
HK:8076
Sing Lee Software (Group) Ltd.
0.02
<0.01
26.32%
HK:8319
Expert Systems Holdings Ltd.
0.12
0.02
21.88%
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: Feb 11, 2026