Want to see HK:1520 full AI Analyst Report?
Top Page
Virtual Mind Holding Company Limited
(1520)
Select Model
Select Model
Rating:41Neutral
Price Target:
HK$0.47
â–¼(-28.33% Downside)
Action:Reiterated
Date:10/13/26
The score is weighed down primarily by poor financial performance—severely compressed margins, large ongoing losses, and persistent negative operating/free cash flow—despite improving leverage. Technical indicators also point to a sustained downtrend with weak momentum. Valuation is only slightly offsetting because the negative P/E reflects losses and provides limited valuation support, with no dividend yield data available.
Positive Factors
Revenue Rebound
The strong 2025 revenue rebound shows that the company retained the ability to generate materially higher sales after weaker prior periods. If maintained, this top-line recovery could support operating leverage and provide a larger base from which management can restore profitability.
Negative Factors
Severe Margin Compression
The sustained collapse in gross margin indicates that higher sales are generating very little economic contribution before operating costs. Unless pricing, product mix, or direct cost performance improves, revenue growth is unlikely to translate into durable earnings or internally funded expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Rebound
The strong 2025 revenue rebound shows that the company retained the ability to generate materially higher sales after weaker prior periods. If maintained, this top-line recovery could support operating leverage and provide a larger base from which management can restore profitability.
Read all positive factors
Virtual Mind Holding Company Limited (1520) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$542.30M
Dividend YieldN/A
Average Volume (3M)732.67K
Price to Earnings (P/E)―
Beta (1Y)0.16
Revenue Growth53.63%
EPS Growth29.60%
CountryHK
Employees84
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-0.13
Shares Outstanding1,098,455,700
10 Day Avg. Volume522,200
30 Day Avg. Volume732,666
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)5.24
Price to Sales (P/S)5.91
P/FCF Ratio-11.62
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
Virtual Mind Holding Company Limited Business Overview & Revenue Model
Company Description
Virtual Mind Holding Company Limited operates as an investment holding enterprise primarily engaged in the design, production, and global distribution of apparel. It offers its clothing lines through both custom private labels and its own propriet...
Virtual Mind Holding Company Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 149.73M | 129.59M | 66.33M | 89.62M | 139.82M |
| Gross Profit | 4.76M | 9.03M | 11.23M | 14.06M | 38.70M |
| EBITDA | -96.06M | -52.47M | -84.69M | -49.20M | -38.77M |
| Net Income | -110.03M | -76.63M | -93.75M | -65.88M | -46.27M |
Balance Sheet | |||||
| Total Assets | 204.92M | 195.07M | 214.19M | 288.37M | 234.83M |
| Cash, Cash Equivalents and Short-Term Investments | 34.19M | 17.09M | 43.80M | 65.20M | 31.03M |
| Total Debt | 15.66M | 26.60M | 43.91M | 31.46M | 7.95M |
| Total Liabilities | 37.75M | 65.05M | 65.47M | 79.07M | 38.58M |
| Stockholders Equity | 168.85M | 130.96M | 148.11M | 208.43M | 196.26M |
Cash Flow | |||||
| Free Cash Flow | -76.18M | -79.09M | -28.85M | -82.49M | -59.52M |
| Operating Cash Flow | -74.40M | -77.70M | -27.73M | -81.01M | -58.79M |
| Investing Cash Flow | -11.67M | -1.24M | -930.00K | 73.98M | -730.00K |
| Financing Cash Flow | 106.36M | 53.84M | 10.24M | 46.66M | -928.00K |
Virtual Mind Holding Company Limited Technical Analysis
Negative
0.66
Price Trends
0.62
Negative
0.56
Negative
0.65
Negative
Market Momentum
-0.04
Positive
32.35
Neutral
59.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1520, the sentiment is Negative. The current price of 0.66 is above the 20-day moving average (MA) of 0.56, above the 50-day MA of 0.62, and above the 200-day MA of 0.65, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 32.35 is Neutral, neither overbought nor oversold. The STOCH value of 59.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1520.
Virtual Mind Holding Company Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$3.13B | 5.55 | 11.18% | 9.85% | 20.57% | 16.02% | |
65 Neutral | HK$559.32M | 3.82 | 5.83% | 6.27% | -1.84% | 29.22% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | HK$341.26M | 4.05 | 6.65% | 7.61% | 0.41% | ― | |
50 Neutral | HK$244.04M | -1.80 | -10.95% | 4.00% | -16.20% | -324.90% | |
48 Neutral | HK$782.25M | 19.20 | 2.55% | 1.98% | 5.77% | 22.13% | |
41 Neutral | HK$542.30M | -5.42 | -52.32% | ― | 53.63% | 29.60% |
* Consumer Cyclical Sector Average
HK:1520
Virtual Mind Holding Company Limited
0.50
-0.76
-60.40%
HK:0311
Luen Thai Holdings Limited
0.33
0.11
48.65%
HK:1234
China Lilang Ltd.
2.62
-0.47
-15.21%
HK:3322
Win Hanverky Holdings Limited
0.19
-0.01
-5.00%
HK:2030
Cabbeen Fashion Limited
1.17
-0.32
-21.63%
HK:2298
Cosmo Lady (China) Holdings Co. Ltd.
0.26
-0.08
-24.78%
Virtual Mind Holding Company Limited Corporate Events
Virtual Mind Expands AI Footprint with Global Launch of DolphinOne 2.0
Oct 20, 2026
Virtual Mind Holding Company’s subsidiary Dolphinode has launched DolphinOne version 2.0, a multimodal AI creation and intelligent agent platform now available globally on the Apple App Store. The upgraded platform integrates multiple mainst...
Virtual Mind Chairman Boosts Stake to Signal Confidence in Future Growth
Oct 12, 2026
Virtual Mind Holding Company Limited, a Cayman-incorporated company listed in Hong Kong, maintains a typical listed-company governance structure with executive, non-executive and independent non-executive directors. The board is led by chairman an...
Virtual Mind Signs Strategic AI Cooperation Deal With OZBeat AI
Oct 9, 2026
Virtual Mind Holding Company Limited has signed a strategic cooperation letter of intent with Australian AI technology firm OZBeat AI Group PTY LTD to deepen collaboration across AI-generated content, digital rights infrastructure and AI digital w...
Virtual Mind Clarifies Full Use of Share Scheme Mandate and Planned Treasury Share Deployment
Oct 8, 2026
Virtual Mind Holding Company Limited has clarified details relating to its share incentive arrangements for the year ended 31 December 2025, noting that as of 1 January 2025 the maximum number of shares available under its 2023 Share Option Scheme...
Virtual Mind Ties Executive Awards to Web3 Growth and Revenue Targets
Oct 6, 2026
Virtual Mind Holding Company Limited has clarified details of its 2013 Share Option Scheme and Share Award Scheme and disclosed movements in its equity incentives for the year ended 31 December 2025. The company reported that 38,440,000 share opti...
Virtual Mind Holding Sets Out Board Line-Up and Committee Roles
Oct 1, 2026
Virtual Mind Holding Company Limited has outlined its current board composition, naming three executive directors, one non-executive director, and three independent non-executive directors, with Mr. Mei Weiyi serving as chairman. The structure und...
Virtual Mind Holding Announces Executive Director Change and Governance Update
Sep 30, 2026
Virtual Mind Holding Company Limited has announced the resignation of executive director Li Yang, effective 1 October 2026, as he intends to devote more time to other business commitments. Li will step down from the remuneration and corporate gove...
Virtual Mind Forms AI Joint Venture With Gauss Technology to Drive IP-Focused Expansion
Aug 28, 2026
Virtual Mind Holding Company Limited has signed an investment cooperation agreement with Gauss Technology (HK) Limited to set up a Hong Kong-based joint venture focused on artificial intelligence and continuous learning applications. The new entit...
Virtual Mind Holding Publishes Unaudited Interim Results for First Half of 2026
Aug 28, 2026
Virtual Mind Holding Company Limited announced its unaudited condensed consolidated interim results for the six months ended 30 June 2026, fulfilling Hong Kong listing requirements for preliminary disclosure of interim financial information. The r...
Virtual Mind completes HK$50.55 million share placing to fund AI platform and Manchester United IP push
Aug 28, 2026
Virtual Mind Holding Company Limited has completed a placing of 100,000,000 new shares at HK$0.52 each through Wanhai Securities (HK) Limited, representing about 9.5% of its enlarged share capital, to at least six independent investors, none of wh...
Virtual Mind Schedules Board Meeting to Review 2026 Interim Results
Aug 18, 2026
Virtual Mind Holding Company Limited has scheduled a board meeting for 28 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim dividend, w...
Virtual Mind Wins Unanimous Shareholder Backing for Subscription and Placing Deals
Aug 13, 2026
Virtual Mind Holding Company Limited reported that shareholders overwhelmingly approved all resolutions at an extraordinary general meeting held on 13 August 2026. The poll covered ratification of a First Subscription Agreement and a Placing Agree...
Virtual Mind Signs Exclusive Middle East Art IP Partnership With Saudi Agency
Aug 4, 2026
Virtual Mind Holding Company Limited has signed a memorandum of understanding with Saudi Arabia-based Lasiaf Art Production Agency to develop a global art IP partnership, centered on exhibitions, exclusive art business collaboration, and artwork d...
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.