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Orange Sky Golden Harvest Entertainment (Holdings) Limited
(1132)
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Rating:53Neutral
Price Target:
HK$0.06
▼(-52.50% Downside)
Action:Reiterated
Date:10/16/26
The overall score is held up by improving financial performance (profitability recovery, stronger leverage profile, and positive free cash flow), but is materially offset by very weak technicals (price below major moving averages, negative MACD, and deeply oversold momentum) and limited valuation support given the negative P/E and no stated dividend yield.
Positive Factors
Profitability Recovery
The return to positive earnings and EBIT after substantial losses marks a meaningful operating recovery. The healthy EBITDA margin indicates the cinema model can generate operating profit when conditions improve, providing a stronger base for reinvestment and earnings durability over the next several quarters.
Negative Factors
Revenue Contraction
The decline in revenue shows that improved profitability has not yet been matched by dependable top-line expansion. Inconsistent demand makes it harder to sustain earnings and margins across movie-release cycles, leaving future operating performance more exposed to fluctuations in attendance and cinema spending.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability Recovery
The return to positive earnings and EBIT after substantial losses marks a meaningful operating recovery. The healthy EBITDA margin indicates the cinema model can generate operating profit when conditions improve, providing a stronger base for reinvestment and earnings durability over the next several quarters.
Read all positive factors
Orange Sky Golden Harvest Entertainment (Holdings) Limited (1132) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$156.78M
Dividend Yield99.02%
Average Volume (3M)443.33K
Price to Earnings (P/E)―
Beta (1Y)0.54
Revenue Growth-17.38%
EPS Growth-360.00%
CountryHK
Employees177
SectorCommunication Services
Sector Strength97
IndustryEntertainment
Share Statistics
EPS (TTM)-0.01
Shares Outstanding2,799,669,000
10 Day Avg. Volume354,500
30 Day Avg. Volume443,333
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)0.14
Price to Sales (P/S)0.27
P/FCF Ratio1.71
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
Orange Sky Golden Harvest Entertainment (Holdings) Limited Business Overview & Revenue Model
Company Description
Established in 1970 and headquartered in Wan Chai, Hong Kong, Orange Sky Golden Harvest Entertainment (Holdings) Limited serves as an investment holding company with a comprehensive involvement in the film entertainment sector. Its business activi...
How the Company Makes Money
The company primarily makes money through film exhibition and cinema operations. Its key revenue streams typically include (1) box office receipts from selling movie tickets, (2) food and beverage and other concession sales within cinemas, and (3)...
Orange Sky Golden Harvest Entertainment (Holdings) Limited Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
74
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 719.38M | 673.25M | 734.26M | 799.76M | 696.00M | 514.90M |
| Gross Profit | 499.47M | 447.46M | 484.21M | 518.31M | 449.07M | 321.60M |
| EBITDA | 47.50M | 150.82M | 42.12M | 189.12M | 147.58M | -52.77M |
| Net Income | -24.88M | 56.38M | -242.64M | -90.40M | -46.15M | -314.91M |
Balance Sheet | ||||||
| Total Assets | 2.10B | 1.75B | 2.12B | 3.43B | 3.53B | 4.36B |
| Cash, Cash Equivalents and Short-Term Investments | 152.21M | 258.62M | 133.57M | 160.28M | 283.55M | 695.37M |
| Total Debt | 386.92M | 171.93M | 568.81M | 994.00M | 1.05B | 1.79B |
| Total Liabilities | 691.77M | 458.03M | 947.66M | 1.97B | 2.01B | 2.82B |
| Stockholders Equity | 1.41B | 1.29B | 1.17B | 1.46B | 1.52B | 1.55B |
Cash Flow | ||||||
| Free Cash Flow | -8.28M | 108.20M | 76.34M | 58.93M | 28.61M | -38.89M |
| Operating Cash Flow | -5.56M | 114.26M | 90.66M | 145.74M | 105.89M | 86.08M |
| Investing Cash Flow | -5.16M | 275.82M | 315.42M | -115.12M | 164.06M | -107.69M |
| Financing Cash Flow | -277.26M | -269.29M | -394.58M | -190.71M | -675.26M | -268.06M |
Orange Sky Golden Harvest Entertainment (Holdings) Limited Technical Analysis
Negative
0.12
Price Trends
0.08
Negative
0.08
Negative
0.07
Negative
Market Momentum
>-0.01
Positive
30.68
Neutral
25.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1132, the sentiment is Negative. The current price of 0.12 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.08, and above the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 30.68 is Neutral, neither overbought nor oversold. The STOCH value of 25.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1132.
Orange Sky Golden Harvest Entertainment (Holdings) Limited Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | HK$369.73M | 6.58 | 8.62% | 7.66% | -0.96% | 6.59% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
58 Neutral | HK$1.31B | -119.83 | -4.73% | 90.00% | -74.59% | 82.64% | |
53 Neutral | HK$156.78M | -1.16 | -10.79% | 99.02% | -17.38% | -360.00% | |
49 Neutral | HK$1.47B | -34.93 | -19.16% | ― | -10.26% | 27.08% | |
45 Neutral | HK$168.93M | -4.67 | -7.85% | 5.50% | -53.42% | -2490.00% | |
42 Neutral | HK$667.72M | -12.62 | -39.91% | 1.15% | -41.34% | 78.52% |
* Communication Services Sector Average
HK:1132
Orange Sky Golden Harvest Entertainment (Holdings) Limited
0.06
-0.01
-18.84%
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Mei Ah Entertainment Group Limited
0.25
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145.54%
HK:0953
Shaw Brothers Holdings Limited
0.12
-0.23
-66.00%
HK:1046
Universe Entertainment and Culture Group Company Limited
1.45
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202.08%
HK:2230
Medialink Group Ltd.
0.19
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HK:0419
Huayi Tencent Entertainment Co., Ltd.
0.38
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-20.83%
Orange Sky Golden Harvest Entertainment (Holdings) Limited Corporate Events
Orange Sky Golden Harvest hit by board reshuffle and listing rule breach
Oct 8, 2026
Orange Sky Golden Harvest Entertainment announced the resignation of independent non-executive director Du Yan, who also chaired the remuneration committee and sat on the audit and nomination committees, effective 8 October 2026. The board thanked...
Orange Sky Golden Harvest reshapes board and committee roles
Oct 8, 2026
Orange Sky Golden Harvest Entertainment (Holdings) Limited has updated the composition of its board of directors, effective 8 October 2026, listing five executive directors, led by chairman Wu Kebo, and two independent non-executive directors. The...
Orange Sky Golden Harvest Strengthens Board with New Independent Director
Sep 14, 2026
Orange Sky Golden Harvest Entertainment (Holdings) Limited has appointed Ms. Du Yan as an independent non-executive director, replacing Ms. Wong Sze Wing following her resignation from the board. Du will also assume the roles of chairman of the re...
Orange Sky Golden Harvest refreshes board and committee structure
Sep 14, 2026
Orange Sky Golden Harvest Entertainment (Holdings) Limited has updated its board composition effective 14 September 2026, confirming a slate of five executive directors led by chairman Wu Kebo and three independent non-executive directors. The ref...
Orange Sky Golden Harvest Swings to Interim Loss on Legal Hit and Cinema Exit
Aug 28, 2026
Orange Sky Golden Harvest reported interim results for the six months ended 30 June 2026 showing a sharp reversal from profit to loss, as revenue fell 22% year-on-year to HK$283.8 million and gross profit declined 23% to HK$186.8 million, while ma...
Orange Sky Golden Harvest Warns of Interim Loss on Legal and One-Off Charges
Aug 20, 2026
Orange Sky Golden Harvest Entertainment has issued a profit warning, indicating it expects to post a net loss of up to HK$60 million for the six months ended 30 June 2026, reversing a net gain of HK$137 million recorded a year earlier. The company...
Orange Sky Golden Harvest Sets Board Meeting to Approve Interim Results and Potential Dividend
Aug 18, 2026
Orange Sky Golden Harvest Entertainment (Holdings) Limited has scheduled a board meeting for 28 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim...
Orange Sky Golden Harvest Shifts Bermuda Registered Office While Keeping Hong Kong Share Services Unchanged
Aug 6, 2026
Orange Sky Golden Harvest Entertainment has changed the address of its registered office, principal share registrar and transfer agent in Bermuda, effective 3 August 2026, relocating these functions to Richmond House on Par-la-Ville Road in Hamilt...
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.