Icon Culture Global Company Limited (8500) AI Stock Analysis

• Market Cap: HK$142.56M
• Dividend Yield: N/A
• Average Volume (3M): 1.27M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: -55.50%
• EPS Growth: 84.93%
• Country: HK
• Employees: 36
• Sector: Communication Services
• Sector Strength: 96
• Industry: Advertising Agencies
• EPS (TTM): <0.01
• Shares Outstanding: 432,000,000
• 10 Day Avg. Volume: 895,200
• 30 Day Avg. Volume: 1,269,400
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$0.50
• Price Target Upside: 51.52% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: HK$0.50 ▲(51.52% Upside)

The overall stock score is significantly impacted by the company's financial performance, which reveals substantial operational inefficiencies and financial distress. The technical analysis further indicates bearish momentum, with the stock trading below key moving averages. Additionally, the negative P/E ratio and lack of dividends detract from its valuation appeal.

Icon Culture Global Company Limited Business Overview & Revenue Model

Company Description

Icon Culture Global Company Limited (8500) is a diversified enterprise operating across multiple sectors, including fashion, lifestyle products, and cultural experiences. The company specializes in the development and distribution of unique and innovative products that cater to modern consumer trends, emphasizing quality and cultural significance. Icon Culture aims to create a global brand identity that resonates with diverse audiences, providing an array of offerings from apparel to experiential events.

How the Company Makes Money

Icon Culture Global Company Limited generates revenue through several key streams. Primarily, the company earns income from the sale of its fashion and lifestyle products across various retail channels, both online and offline. Additionally, it capitalizes on collaborations and partnerships with artists, designers, and cultural institutions to create limited-edition products and exclusive experiences, which often command higher price points. The company also engages in hosting cultural events and workshops that not only serve as a marketing tool but also generate direct revenue through ticket sales and sponsorship deals. Overall, the combination of product sales, exclusive collaborations, and experiential offerings forms the backbone of its revenue model.

Icon Culture Global Company Limited Financial Statement Overview

Summary

Icon Culture Global Company Limited faces substantial financial challenges, with declining revenues and profitability, high reliance on debt, and negative cash flows. A strategic restructuring is crucial for financial stability and growth.

Income Statement

The company has experienced declining revenues with a significant drop from $268.6M in 2020 to $21.9M in 2024. Gross profit margins have been negative in recent years, indicating cost management issues. Net profit margins are also deeply negative, reflecting persistent losses. Overall, the income statement highlights significant financial distress and a need for strategic turnaround.

Balance Sheet

The balance sheet shows moderate stability with a debt-to-equity ratio that improved from a negative equity position in 2023 to a positive equity in 2024. However, the company has a low equity ratio, indicating a reliance on liabilities. Despite this, the reduction in total debt is a positive sign, suggesting some effort to deleverage.

Cash Flow

Cash flow analysis indicates severe challenges, with large negative operating cash flows and declining free cash flow. The company is heavily reliant on financing activities to support operations, which is unsustainable long-term. The free cash flow to net income ratio is negative, reflecting inefficiency in converting earnings to cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	21.95M	25.42M	68.97M	175.36M	268.61M
Gross Profit	-2.15M	4.16M	-4.50M	30.57M	104.90M
EBITDA	-17.55M	-74.16M	-41.33M	11.84M	91.18M
Net Income	-17.81M	-84.65M	-39.76M	4.87M	62.73M
Balance Sheet
Total Assets	58.49M	26.28M	141.06M	194.06M	199.50M
Cash, Cash Equivalents and Short-Term Investments	4.07M	13.67M	12.02M	12.32M	17.29M
Total Debt	4.50M	5.97M	28.39M	10.67M	670.00K
Total Liabilities	23.62M	40.58M	68.61M	81.80M	92.07M
Stockholders Equity	34.87M	-14.30M	72.45M	112.26M	107.42M
Cash Flow
Free Cash Flow	-51.07M	20.75M	-16.52M	-2.30M	-55.60M
Operating Cash Flow	-50.03M	20.82M	-16.27M	-1.77M	-55.39M
Investing Cash Flow	-24.91M	-74.00K	-248.00K	2.20M	-2.93M
Financing Cash Flow	63.67M	-19.09M	16.26M	-2.64M	44.05M

Icon Culture Global Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.33
• 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:8500, the sentiment is Negative. The current price of 0.33 is below the 20-day moving average (MA) of 0.37, below the 50-day MA of 0.40, and below the 200-day MA of 0.49, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 33.69 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8500.

Icon Culture Global Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$46.60B	4.09	-13.11%	4.12%	1.85%	-42.71%
1490	54 Neutral	HK$242.47M	78.52	-0.67%	―	2.85%	-118.89%
0343	47 Neutral	HK$266.99M	―	-28.07%	―	-14.04%	-34.40%
8403	41 Neutral	HK$200.20M	―	-176.68%	―	―	―
8500	41 Neutral	HK$142.56M	―	-96.94%	―	-55.50%	84.93%
5YN	―	€35.64M	―	-96.45%	―	―	―
0205	38 Underperform	HK$331.26M	―	-6.02%	―	-4.13%	76.38%