HK TELEVISION NET
Hong Kong Technology Venture Company Limited, together with its subsidiaries, engages in the e-commerce and technology businesses in Hong Kong. It operates through two segments, Hong Kong E-commerce Business; and New Ventures and Technology Business. The company is involved in end-to-end online shopping mall operation, including fulfilment and logistics; research and development activities on new… Read more
HK TELEVISION NET (XHN1) - Net Assets
Latest net assets as of June 2025: €1.55 Billion EUR
Based on the latest financial reports, HK TELEVISION NET (XHN1) has net assets worth €1.55 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.84 Billion) and total liabilities (€1.29 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.55 Billion |
| % of Total Assets | 54.53% |
| Annual Growth Rate | -0.81% |
| 5-Year Change | -10.78% |
| 10-Year Change | N/A |
| Growth Volatility | 39.74 |
HK TELEVISION NET - Net Assets Trend (2016–2024)
This chart illustrates how HK TELEVISION NET's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HK TELEVISION NET (2016–2024)
The table below shows the annual net assets of HK TELEVISION NET from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.87 Billion | -12.76% |
| 2023-12-31 | €2.15 Billion | -- |
| 2022-12-31 | €0.00 | -- |
| 2021-12-31 | €2.06 Billion | -1.74% |
| 2020-12-31 | €2.10 Billion | +44.51% |
| 2019-12-31 | €1.45 Billion | -15.03% |
| 2018-12-31 | €1.71 Billion | -8.28% |
| 2017-12-31 | €1.86 Billion | -6.71% |
| 2016-12-31 | €2.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HK TELEVISION NET's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 125.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.02 Billion | 108.05% |
| Total Equity | €1.87 Billion | 100.00% |
HK TELEVISION NET Competitors by Market Cap
The table below lists competitors of HK TELEVISION NET ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FNM S.p.A.
LSE:0EHB
|
$60.39 Million |
|
Talisker Resources Ltd
OTCQX:TSKFF
|
$60.43 Million |
|
Akwel SA
PA:AKW
|
$60.43 Million |
|
Zen Voce
TWO:3581
|
$60.45 Million |
|
Juniata Valley Financial Corp
OTCQX:JUVF
|
$60.35 Million |
|
TRANSAT A.T. VAR. VTG
F:1TJ
|
$60.31 Million |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
$60.30 Million |
|
Ilika plc
OTCQX:ILIKF
|
$60.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HK TELEVISION NET's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,145,348,000 to 1,871,619,000, a change of -273,729,000 (-12.8%).
- Net loss of 66,700,000 reduced equity.
- Share repurchases of 220,416,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-66.70 Million | -3.56% |
| Share Repurchases | €220.42 Million | -11.78% |
| Other Changes | €13.39 Million | +0.72% |
| Total Change | €- | -12.76% |
Book Value vs Market Value Analysis
This analysis compares HK TELEVISION NET's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.30 | €0.15 | x |
| 2018-12-31 | €2.10 | €0.15 | x |
| 2019-12-31 | €1.77 | €0.15 | x |
| 2020-12-31 | €2.30 | €0.15 | x |
| 2021-12-31 | €2.25 | €0.15 | x |
| 2022-12-31 | €2.39 | €0.15 | x |
| 2023-12-31 | €2.41 | €0.15 | x |
| 2024-12-31 | €2.37 | €0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HK TELEVISION NET utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.74%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 1.66x
- Recent ROE (-3.56%) is above the historical average (-3.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -12.88% | -137.44% | 0.08x | 1.16x | €-456.78 Million |
| 2017 | -11.00% | -42.06% | 0.21x | 1.25x | €-391.18 Million |
| 2018 | -7.79% | -14.85% | 0.42x | 1.24x | €-303.93 Million |
| 2019 | -19.97% | -20.50% | 0.59x | 1.66x | €-435.07 Million |
| 2020 | 8.75% | 6.38% | 0.96x | 1.43x | €-26.19 Million |
| 2021 | 0.72% | 0.47% | 0.96x | 1.58x | €-191.40 Million |
| 2022 | 9.61% | 5.54% | 2.97x | 0.58x | €-8.68 Million |
| 2023 | 2.11% | 1.19% | 1.10x | 1.61x | €-169.21 Million |
| 2024 | -3.56% | -1.74% | 1.24x | 1.66x | €-253.86 Million |
Industry Comparison
This section compares HK TELEVISION NET's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $13,423,430,189
- Average return on equity (ROE) among peers: -81.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HK TELEVISION NET (XHN1) | €1.55 Billion | -12.88% | 0.83x | $60.37 Million |
| Pinduoduo Inc (9PDA) | $117.77 Billion | 26.78% | 1.01x | $126.20 Billion |
| artnet AG Namens-Aktien o.N. (ART) | $4.40 Million | 51.22% | 0.57x | $14.26 Million |
| Bike24 Holding AG (BIKE) | $138.09 Million | -58.23% | 0.79x | $78.95 Million |
| Mountain Alliance AG (ECF) | $9.03 Million | -145.74% | 0.77x | $6.02 Million |
| J8D0 (J8D0) | $129.59 Million | -45.52% | 2.85x | $26.06 Million |
| LB30 (LB30) | $525.00 Million | -494.10% | 22.94x | $16.28 Million |
| Natural Health Trends Corp (NAH) | $59.49 Million | 1.82% | 0.65x | $16.81 Million |
| HK TELEVISION NET - Frankfurt Stock Exchang (XHN1) | $2.00 Billion | -12.88% | 0.16x | $56.84 Million |
| ABOUT YOU Holding AG (YOU) | $177.70 Million | -60.05% | 5.08x | $38.16 Million |