Want to see HK:0391 full AI Analyst Report?
Top Page
Mei Ah Entertainment Group Limited
(0391)
Select Model
Select Model
Rating:49Neutral
Price Target:
HK$0.31
▲(213.00% Upside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by weak financial performance—persistent losses and a sharp FY2026 deterioration in operating and free cash flow—despite improving revenue and gross margin. Technicals add support due to strong trend and positive MACD, but extremely overbought RSI/Stochastic raises pullback risk. Valuation remains constrained because the company is loss-making and offers no stated dividend yield.
Positive Factors
Revenue rebound
The FY2026 revenue rebound indicates that Mei Ah’s entertainment-content monetization can recover after periods of weaker demand. If sustained, renewed top-line activity can improve operating leverage, support investment in content and distribution, and provide a larger base from which profitability may eventually develop.
Negative Factors
Persistent losses
Persistent annual losses indicate that Mei Ah’s content and entertainment activities have not yet produced a sustainable earnings model. The deeply negative FY2026 net margin shows that even after revenue and gross-margin recovery, operating costs and other charges continue to overwhelm gross profit.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound
The FY2026 revenue rebound indicates that Mei Ah’s entertainment-content monetization can recover after periods of weaker demand. If sustained, renewed top-line activity can improve operating leverage, support investment in content and distribution, and provide a larger base from which profitability may eventually develop.
Read all positive factors
Mei Ah Entertainment Group Limited (0391) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.87B
Dividend YieldN/A
Average Volume (3M)8.48M
Price to Earnings (P/E)―
Beta (1Y)0.46
Revenue Growth-10.26%
EPS Growth27.08%
CountryHK
Employees97
SectorCommunication Services
Sector Strength97
IndustryEntertainment
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding5,923,739,000
10 Day Avg. Volume7,250,600
30 Day Avg. Volume8,483,586
Financial Highlights & Ratios
PEG Ratio0.50
Price to Book (P/B)2.77
Price to Sales (P/S)5.62
P/FCF Ratio-17.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mei Ah Entertainment Group Limited Business Overview & Revenue Model
Company Description
Operating as an investment holding company, Mei Ah Entertainment Group Limited primarily engages in the television sector across Hong Kong, mainland China, Taiwan, and other international markets. Its diverse portfolio encompasses the development ...
How the Company Makes Money
Mei Ah Entertainment Group Limited primarily makes money by monetizing entertainment content and related media activities. Key revenue streams typically include income from distributing and licensing film/TV content to third parties (e.g., broadca...
Mei Ah Entertainment Group Limited Financial Statement Overview
Summary
Income Statement
27
Negative
Balance Sheet
45
Neutral
Cash Flow
31
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 99.03M | 110.34M | 117.84M | 75.57M | 78.22M |
| Gross Profit | 38.32M | 11.12M | 56.60M | 4.05M | 26.73M |
| EBITDA | -8.74M | -1.96M | 5.00M | -323.00K | -21.95M |
| Net Income | -41.68M | -56.68M | -21.45M | -48.91M | -39.23M |
Balance Sheet | |||||
| Total Assets | 533.21M | 588.18M | 661.14M | 694.48M | 762.81M |
| Cash, Cash Equivalents and Short-Term Investments | 36.13M | 41.98M | 32.59M | 58.73M | 44.33M |
| Total Debt | 221.11M | 213.85M | 215.16M | 227.78M | 257.45M |
| Total Liabilities | 328.59M | 334.80M | 346.09M | 354.77M | 393.93M |
| Stockholders Equity | 200.94M | 249.42M | 308.55M | 331.19M | 359.37M |
Cash Flow | |||||
| Free Cash Flow | -31.45M | 26.90M | 1.56M | 43.94M | -11.12M |
| Operating Cash Flow | -4.12M | 45.38M | 22.36M | 52.86M | 2.79M |
| Investing Cash Flow | -12.79M | -19.24M | -25.03M | -9.75M | -15.11M |
| Financing Cash Flow | -3.63M | -10.61M | -14.40M | -13.12M | -3.01M |
Mei Ah Entertainment Group Limited Technical Analysis
Positive
0.10
Price Trends
0.18
Positive
0.14
Positive
0.12
Positive
Market Momentum
0.04
Negative
85.46
Negative
80.69
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0391, the sentiment is Positive. The current price of 0.1 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.18, and below the 200-day MA of 0.12, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 85.46 is Negative, neither overbought nor oversold. The STOCH value of 80.69 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0391.
Mei Ah Entertainment Group Limited Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | HK$246.37M | -1.80 | -10.79% | 99.02% | -17.38% | -360.00% | |
64 Neutral | HK$388.98M | 6.82 | 8.62% | 7.44% | -0.96% | 6.59% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
49 Neutral | HK$1.87B | -44.37 | -19.16% | ― | -10.26% | 27.08% | |
47 Neutral | HK$876.82M | -1.61 | -54.38% | ― | ― | ― | |
43 Neutral | HK$13.89B | -37.88 | -24.66% | 30.56% | -69.21% | -18.77% | |
40 Underperform | HK$56.13M | -1.31 | 139.56% | ― | -41.09% | 28.65% |
* Communication Services Sector Average
HK:0391
Mei Ah Entertainment Group Limited
0.32
0.22
246.15%
HK:0326
China Star Entertainment
5.80
3.41
142.68%
HK:8082
Sun Entertainment Group Limited
0.02
-0.05
-68.57%
HK:1132
Orange Sky Golden Harvest Entertainment (Holdings) Limited
0.09
<0.01
3.57%
HK:1003
Huanxi Media Group Ltd.
0.19
-0.13
-40.31%
HK:2230
Medialink Group Ltd.
0.20
-0.06
-24.33%
Mei Ah Entertainment Group Limited Corporate Events
Mei Ah Entertainment Sets 2026 AGM With Share Buyback and Issuance Mandates
Aug 18, 2026
Mei Ah Entertainment Group Limited has called its annual general meeting for 18 September 2026 in Hong Kong, where shareholders will review the audited financial statements for the year ended 31 March 2026 and consider the re-election of four dire...
Mei Ah Entertainment Updates Bermuda Registered Office Address
Jul 30, 2026
Mei Ah Entertainment Group Limited announced a change to its registered office address in Bermuda, effective 3 August 2026, relocating to Richmond House on Par-la-Ville Road in Hamilton. The move adjusts the company’s corporate registration ...
Mei Ah Entertainment Narrows Annual Loss Despite Revenue Decline
Jun 30, 2026
Mei Ah Entertainment Group Limited reported revenue of HK$99.0 million for the year ended 31 March 2026, down from HK$110.3 million a year earlier, but gross profit rose sharply to HK$50.0 million as cost of sales nearly halved. Despite this impro...
Mei Ah Entertainment Schedules Board Meeting to Approve Annual Results and Consider Dividend
Jun 16, 2026
Mei Ah Entertainment Group Limited has scheduled a board meeting for 30 June 2026 at its Hong Kong headquarters to review and approve the annual results for the year ended 31 March 2026. The board will also consider recommending a final dividend a...
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.