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1 Comment
Television Broadcasts Limited is currently in a long term downtrend where the price is trading 10.1% below its 200 day moving average.
From a valuation standpoint, the stock is 93.6% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 1.2.
Television Broadcasts Limited's total revenue sank by 0.0% to $842M since the same quarter in the previous year.
Its net income has dropped by 0.0% to $-254M since the same quarter in the previous year.
Finally, its free cash flow fell by 126.2% to $-22M since the same quarter in the previous year.
Based on the above factors, Television Broadcasts Limited gets an overall score of 1/5.
ISIN | HK0000139300 |
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Sector | Communication Services |
Industry | Broadcasting |
Exchange | F |
CurrencyCode | EUR |
Market Cap | 154M |
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PE Ratio | None |
Beta | 1.25 |
Target Price | None |
Dividend Yield | None |
Television Broadcasts Limited, together with its subsidiaries, engages in terrestrial television broadcasting, program production, and other television-related activities. It operates through Hong Kong TV Broadcasting; Over-The-Top (OTT) Streaming; e-Commerce Business; Mainland China Operations; and International Operations segments. The Hong Kong TV Broadcasting segment is involved in the broadcasting of television programmes and commercials on terrestrial TV platforms; production of programmes; operation of online social media platform; and music entertainment, and event and digital marketing activities. The OTT Streaming segment offers OTT services; and operates website portals. The e-Commerce Business segment operates e-Commerce platforms under the names Ztore, Neigbuy, and Big Big. The Mainland China Operations segment co-produces dramas; and distributes television programmes and channels to telecast, video, and media operators in Mainland China. The International Operations segment offers pay television and OTT services to subscribers; and distributes television programs and channels to telecast, video, and media operators in Malaysia, Singapore, and internationally. The company also produces motion pictures for theatrical release and distribution; and produces, sells, and licenses musical works and sound recordings. In addition, it provides artistes consultancy, management, and agency services; programme licensing services; programmes and marketing materials; film licensing and distribution services; agency services on design, production, and exhibition of advertisements, as well as film rights and management services; cultural and art development, software and IT, dealership, and corporate finance services; and satellite and subscription television programs. Further, the company engages in digital new media and trading; online sale of groceries; and property investment activities. The company was incorporated in 1965 and is based in Kowloon, Hong Kong.
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