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hmvod Limited (HK:8103)
:8103
Hong Kong Market
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hmvod Limited (8103) AI Stock Analysis

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HK:8103

hmvod Limited

(8103)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
HK$0.17
▼(-17.50% Downside)
Action:Reiterated
Date:02/11/26
The score is primarily constrained by very weak financial health (losses, negative cash flows, and negative equity). Technical momentum is currently positive but appears overextended (very high RSI), and valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Owned VOD platform (HMVOD)
Owning an established video-on-demand platform aligns the company with structural migration to digital streaming. Platform ownership supports recurring monetization (subscriptions, ads, licensing) and direct control of distribution, providing a durable avenue to scale revenues if investment resumes.
Negative Factors
Negative stockholders' equity
Liabilities exceeding assets undermines solvency and reduces financial flexibility. Negative equity constrains access to debt and equity financing, raises creditor risk, and increases the likelihood of restructuring or dilution; these are persistent capital-structure issues requiring material recapitalization to fix.
Read all positive and negative factors
Positive Factors
Negative Factors
Owned VOD platform (HMVOD)
Owning an established video-on-demand platform aligns the company with structural migration to digital streaming. Platform ownership supports recurring monetization (subscriptions, ads, licensing) and direct control of distribution, providing a durable avenue to scale revenues if investment resumes.
Read all positive factors

hmvod Limited (8103) vs. iShares MSCI Hong Kong ETF (EWH)

hmvod Limited Business Overview & Revenue Model

Company Description
Headquartered in Kowloon, Hong Kong, hmvod Limited functions as an investment holding company with a primary focus on operations within the People's Republic of China. Formerly known as Trillion Grand Corporate Company Limited until October 2018, ...
How the Company Makes Money
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hmvod Limited Financial Statement Overview

Summary
Financial statements indicate severe weakness: declining revenue (~21% drop), persistent losses with negative EBIT/EBITDA margins, negative operating and free cash flow, and negative stockholders’ equity (liabilities exceed assets), creating elevated solvency and liquidity risk.
Income Statement
30
Negative
Balance Sheet
25
Negative
Cash Flow
20
Very Negative
BreakdownMar 2025Mar 2024Mar 2023Sep 2022Mar 2021
Income Statement
Total Revenue12.69M17.55M22.11M23.99M36.18M
Gross Profit395.00K4.31M-1.88M8.01M13.08M
EBITDA-5.83M-12.93M-835.00K-5.66M-16.62M
Net Income12.69M-14.88M-6.76M-12.33M-28.14M
Balance Sheet
Total Assets18.31M3.54M24.98M17.94M24.79M
Cash, Cash Equivalents and Short-Term Investments4.63M325.00K13.86M2.39M1.88M
Total Debt18.16M24.31M31.16M40.48M43.46M
Total Liabilities74.77M73.61M79.83M89.88M87.54M
Stockholders Equity-53.03M-65.73M-50.86M-67.11M-54.77M
Cash Flow
Free Cash Flow0.00-4.76M-5.81M-6.29M-29.83M
Operating Cash Flow0.00-4.67M-5.81M-6.13M-29.77M
Investing Cash Flow0.00-54.00K73.00K-331.00K-65.00K
Financing Cash Flow0.00-8.82M17.20M6.99M30.61M

hmvod Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.20
Price Trends
50DMA
0.12
Negative
100DMA
0.15
Negative
200DMA
0.16
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
31.21
Neutral
STOCH
>-0.01
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 0.2 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.12, and above the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 31.21 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 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

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
HK$1.74B6.2515.65%19.40%162.44%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
59
Neutral
HK$49.37B11.1312.75%12.61%2372.26%
50
Neutral
HK$1.22B-15.17-42.58%1.60%-20.17%2.68%
48
Neutral
HK$1.40B50.864.47%74.82%57.99%
44
Neutral
HK$15.40M1.42-17.59%-27.71%
42
Neutral
HK$878.34M-5.12-105.71%-20.80%-121.68%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8103
hmvod Limited
0.12
-0.04
-24.68%
HK:8198
Loto Interactive Limited
1.19
-2.41
-66.94%
HK:9698
GDS Holdings Ltd.
30.44
-3.80
-11.10%
HK:0465
Futong Technology Development Holdings Ltd.
3.90
3.56
1047.06%
HK:2416
Edianyun Limited
3.14
1.02
48.11%
HK:2512
Cloud Factory Technology Holdings Limited
2.77
-0.93
-25.14%
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.Date of analysis: Feb 11, 2026