Hong Kong Television Network (HKTVY) AI Stock Analysis

• Market Cap: $168.89M
• Dividend Yield: N/A
• Average Volume (3M): 234.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.39
• Revenue Growth: 1.06%
• EPS Growth: -261.94%
• Country: US
• Employees: 2,216
• Sector: Consumer Cyclical
• Sector Strength: 74
• Industry: Specialty Retail
• EPS (TTM): -0.12
• Shares Outstanding: 39,427,288
• 10 Day Avg. Volume: 262
• 30 Day Avg. Volume: 234
• PEG Ratio: 4.13
• Price to Book (P/B): 10.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.12
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 57 Neutral
• Price Target: $4.00 ▼(-6.54%Downside)

HKTVY's overall score is primarily impacted by its mixed financial performance, reflecting strong revenue growth but operational profitability challenges. Technical analysis suggests moderate momentum, while valuation concerns due to a negative P/E ratio weigh heavily on the score.

Hong Kong Television Network Business Overview & Revenue Model

Company Description

Hong Kong Television Network Limited (HKTVY) is a prominent e-commerce and multimedia company based in Hong Kong. It primarily operates HKTVmall, which is one of the leading online shopping platforms in the region. HKTVmall offers a wide range of products, including groceries, electronics, clothing, and household items, providing a comprehensive online shopping experience for its customers. In addition to e-commerce, HKTVY is also involved in multimedia production, including television content and online entertainment services.

How the Company Makes Money

HKTVY generates revenue primarily through its e-commerce platform, HKTVmall, by facilitating online sales of various consumer products. The company earns money through sales commissions and fees from vendors who list their products on the platform. Additionally, HKTVY benefits from advertising revenues as brands and sellers pay for promotional placements on HKTVmall. The company may also derive income from its multimedia content production, though this is a secondary revenue stream compared to its e-commerce operations. Strategic partnerships with suppliers and logistics providers enhance its service offerings and contribute to its overall profitability.

Hong Kong Television Network Financial Statement Overview

Summary

Hong Kong Television Network demonstrates a solid financial foundation with strong revenue generation and a stable balance sheet. However, recent declines in profitability and free cash flow suggest potential challenges in sustaining growth and managing expenditures.

Income Statement

The company has shown consistent revenue growth over the years, although the most recent year shows a slight decline from the previous year. The gross profit margin remains robust at around 50%, indicating good control over cost of goods sold. However, net profit margins have significantly decreased, reflecting lower profitability in the recent period. The EBIT margin also shows a downward trend, indicating challenges in maintaining operational efficiency.

Balance Sheet

The balance sheet is strong with a healthy equity ratio, demonstrating a solid capital structure. The debt-to-equity ratio is moderate, suggesting that the company is not overly reliant on debt financing. Return on equity has decreased, indicating less efficient use of equity capital. Overall, the balance sheet reflects stability, but with room for improved profitability.

Cash Flow

The company experienced a decline in free cash flow, primarily due to increased capital expenditures and reduced operating cash flow. The operating cash flow to net income ratio is healthy, indicating effective conversion of income into cash. However, the decline in free cash flow growth rate raises concerns about future liquidity and investment capacity.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
4.87B	3.81B	3.83B	3.13B	2.88B	1.41B
	Gross Profit
2.36B	1.89B	2.01B	1.56B	1.41B	560.70M
	EBIT
871.23M	348.25M	231.94M	49.69M	223.66M	-269.19M
	EBITDA
121.73M	58.15M	438.83M	265.40M	399.90M	-106.99M
	Net Income Common Stockholders
-32.54M	45.32M	212.20M	14.78M	183.58M	-289.91M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
734.30M	734.30M	757.55M	799.55M	960.68M	232.98M
	Total Assets
3.46B	3.46B	3.50B	3.26B	3.01B	2.40B
	Total Debt
472.80M	472.80M	604.49M	522.03M	298.21M	597.94M
	Net Debt
142.23M	142.23M	-101.31M	-102.22M	-644.27M	448.23M
	Total Liabilities
1.32B	1.32B	1.29B	1.20B	910.72M	951.64M
	Stockholders Equity
2.15B	2.15B	2.21B	2.06B	2.10B	1.45B
Cash Flow		Free Cash Flow
281.79M	122.77M	234.51M	72.47M	519.62M	-312.33M
	Operating Cash Flow
530.75M	366.67M	554.00M	247.05M	607.98M	-172.39M
	Investing Cash Flow
-322.53M	-462.46M	-267.33M	-388.01M	142.78M	40.19M
	Financing Cash Flow
-373.76M	-279.65M	-204.99M	-177.31M	41.93M	176.03M

Hong Kong Television Network Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.28
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HKTVY, the sentiment is Positive. The current price of 4.28 is above the 20-day moving average (MA) of 4.19, above the 50-day MA of 3.75, and above the 200-day MA of 3.13, indicating a neutral trend. The MACD of 0.08 indicates Positive momentum. The RSI at 53.47 is Neutral, neither overbought nor oversold. The STOCH value of 24.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HKTVY.

Hong Kong Television Network Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LQDT	74 Outperform	$724.01M	29.40	14.01%	―	35.78%	23.49%
Sector *	62 Neutral	$6.90B	11.24	2.93%	3.89%	2.68%	-24.71%
HKTVY	57 Neutral	$168.89M	―	-3.32%	―	1.06%	-261.94%
BZUN	53 Neutral	$170.85M	―	-4.61%	―	6.05%	29.58%
HEPS	53 Neutral	$845.24M	―	-51.21%	―	22.41%	―
JMIA	49 Neutral	$401.68M	―	-134.38%	―	-23.23%	―
LOGC	41 Neutral	$185.44M	―	-14.89%	―	-84.75%	77.25%