hmvod Limited (8103) AI Stock Analysis

• Market Cap: HK$20.06M
• Dividend Yield: N/A
• Average Volume (3M): 223.53K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.92
• Revenue Growth: -20.62%
• EPS Growth: -87.13%
• Country: HK
• Employees: 17
• Sector: Technology
• Sector Strength: 94
• Industry: Information Technology Services
• EPS (TTM): -0.08
• Shares Outstanding: 129,447,890
• 10 Day Avg. Volume: 166,046
• 30 Day Avg. Volume: 223,533
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 21 Underperform
• Price Target: ―

hmvod Limited is experiencing substantial financial distress with negative equity, consistent losses, and inability to generate cash flow. The technical analysis supports a bearish trend with oversold conditions, but no immediate reversal indicators. Valuation remains unattractive due to negative earnings and lack of dividends. Overall, the stock faces significant challenges, reflected in a low score.

hmvod Limited Business Overview & Revenue Model

Company Description

hmvod Limited, an investment holding company, engages in the provision of professional services, proprietary trading activities, and over-the-top (OTT) services in the People's Republic of China. Its Professional Services segment offers information technology engineering and technical support services, including financial valuation and IT services. The company's Proprietary Trading segment is involved in the trading of listed securities. Its OTT Services segment produces and distributes films, television programs, and music production on OTT platforms. The company also provides services and solutions on cyber security; and multi-media related and content services. The company was formerly known as Trillion Grand Corporate Company Limited and changed its name to hmvod Limited in October 2018. hmvod Limited is headquartered in Kowloon, Hong Kong.

How the Company Makes Money

hmvod Limited generates revenue primarily through subscription fees paid by users of its video-on-demand platform. Subscribers pay a regular fee to access the vast library of content offered by the service. Additionally, the company may engage in partnerships with content creators and distributors to expand its content offerings, which can also drive user subscriptions. Advertising and promotional partnerships may also contribute to the company's earnings, although the primary focus remains on the subscription model. The company's financial performance is influenced by its ability to attract and retain subscribers, expand its content library, and effectively market its services within competitive digital entertainment landscapes.

hmvod Limited Financial Statement Overview

Summary

hmvod Limited is facing severe financial challenges across its income statement, balance sheet, and cash flow statement. The company has been unable to generate profits or positive cash flow from operations, leading to insolvency risks. High leverage and negative equity further exacerbate its financial instability, necessitating urgent restructuring or strategic changes.

Income Statement

The company has experienced declining revenues over recent years, with a significant drop from HK$36.2M in 2022 to HK$22.1M in 2024. Gross profit margin turned negative at -8.52% in 2024, indicating cost management issues. The net profit margin is also negative, reflecting consistent losses. The EBIT and EBITDA margins are negative, showing operational challenges.

Balance Sheet

The company's balance sheet shows a negative stockholders' equity of HK$50.9M in 2024, indicating insolvency. The debt-to-equity ratio is not meaningful due to negative equity, but the substantial liabilities and negative equity pose significant financial risks. The equity ratio is also negative, underscoring the company's financial distress.

Cash Flow

Operating cash flows have been negative, at HK$-5.8M in 2024, reflecting an inability to generate cash from operations. Free cash flow is also negative, indicating potential liquidity issues. However, financing activities have provided some relief, as evidenced by positive financing cash flows.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	22.21M	22.11M	23.99M	36.18M	32.84M	36.34M
Gross Profit	-1.53M	-1.88M	8.01M	13.08M	10.30M	4.05M
EBITDA	-5.67M	-835.00K	-5.66M	-16.62M	4.86M	-16.43M
Net Income	-5.97M	-6.76M	-12.33M	-28.14M	-8.60M	-39.13M
Balance Sheet
Total Assets	9.99M	24.98M	17.94M	24.79M	34.62M	39.88M
Cash, Cash Equivalents and Short-Term Investments	1.62M	13.86M	2.39M	1.88M	1.11M	1.52M
Total Debt	31.94M	31.16M	40.48M	43.46M	40.24M	82.92M
Total Liabilities	70.29M	79.83M	89.88M	87.54M	101.77M	172.28M
Stockholders Equity	-55.96M	-50.86M	-67.11M	-54.77M	-58.90M	-122.72M
Cash Flow
Free Cash Flow	-14.97M	-5.81M	-6.29M	-29.83M	-12.73M	2.49M
Operating Cash Flow	-14.97M	-5.81M	-6.13M	-29.77M	-12.37M	2.58M
Investing Cash Flow	200.00K	73.00K	-331.00K	-65.00K	-363.00K	269.00K
Financing Cash Flow	15.49M	17.20M	6.99M	30.61M	12.50M	-3.77M

hmvod Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8103, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.17, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.46 is Neutral, neither overbought nor oversold. The STOCH value of 4.48 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8103.

hmvod Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0318	75 Outperform	HK$116.46M	11.05	2.10%	―	4.19%	-52.73%
8033	73 Outperform	HK$85.02M	8.26	4.70%	7.25%	14.53%	57.55%
8319	66 Neutral	HK$93.18M	6.67	8.06%	7.07%	-9.11%	-8.90%
Sector *	61 Neutral	$36.30B	7.30	-7.27%	1.97%	7.76%	-6.42%
0465	44 Neutral	HK$112.05M	―	-25.32%	―	2.50%	16.40%
8076	40 Neutral	HK$32.93M	―	-45.64%	―	-17.39%	-29.73%
8103	21 Underperform	HK$20.06M	―		―	-20.62%	-87.13%