Hong Kong Television Network Ltd
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
Hong Kong Television Network Ltd (HKTVY) - Net Assets
Latest net assets as of June 2025: $1.55 Billion USD
Based on the latest financial reports, Hong Kong Television Network Ltd (HKTVY) has net assets worth $1.55 Billion USD 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 | 7.78% |
| 5-Year Change | -10.78% |
| 10-Year Change | -16.39% |
| Growth Volatility | 128.9 |
Hong Kong Television Network Ltd - Net Assets Trend (1998–2024)
This chart illustrates how Hong Kong Television Network Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hong Kong Television Network Ltd (1998–2024)
The table below shows the annual net assets of Hong Kong Television Network Ltd from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.87 Billion | -12.76% |
| 2023-12-31 | $2.15 Billion | -2.87% |
| 2022-12-31 | $2.21 Billion | +7.16% |
| 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 | -10.81% |
| 2015-12-31 | $2.24 Billion | -26.73% |
| 2014-12-31 | $3.06 Billion | +647.57% |
| 2014-08-31 | $408.68 Million | -87.43% |
| 2013-12-31 | $3.25 Billion | -6.68% |
| 2012-12-31 | $3.48 Billion | +93.80% |
| 2011-12-31 | $1.80 Billion | +6.45% |
| 2010-12-31 | $1.69 Billion | +37.44% |
| 2009-12-31 | $1.23 Billion | +19.10% |
| 2008-12-31 | $1.03 Billion | +14.17% |
| 2007-12-31 | $903.46 Million | +1.31% |
| 2006-12-31 | $891.80 Million | -12.63% |
| 2005-12-31 | $1.02 Billion | -13.19% |
| 2004-12-31 | $1.18 Billion | -0.70% |
| 2003-12-31 | $1.18 Billion | +30.09% |
| 2002-12-31 | $910.08 Million | +11.57% |
| 2001-12-31 | $815.71 Million | +4.91% |
| 2000-12-31 | $777.56 Million | +190.29% |
| 1999-12-31 | $267.86 Million | +0.48% |
| 1998-12-31 | $266.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hong Kong Television Network Ltd'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 328.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.81 Billion | 96.44% |
| Other Comprehensive Income | $217.22 Million | 11.61% |
| Total Equity | $1.87 Billion | 100.00% |
Hong Kong Television Network Ltd Competitors by Market Cap
The table below lists competitors of Hong Kong Television Network Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jash Engineering Limited
NSE:JASH
|
$142.41 Million |
|
BEISEN HLDG LTD
F:U8V
|
$142.46 Million |
|
Feedback Technology
TWO:8091
|
$142.49 Million |
|
Oriola Oyj Series B
LSE:0NES
|
$142.50 Million |
|
Pitti Engineering Limited
NSE:PITTIENG
|
$142.30 Million |
|
STP&I Public Company Limited
BK:STPI
|
$142.29 Million |
|
Greystone Housing Impact Investors LP
NYSE:GHI
|
$142.27 Million |
|
Inner Mongolia Xinhua Distribution Group Co.Ltd.
SHG:603230
|
$142.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hong Kong Television Network Ltd'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.
- Other comprehensive income increased equity by 15,121,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-66.70 Million | -3.56% |
| Share Repurchases | $220.42 Million | -11.78% |
| Other Comprehensive Income | $15.12 Million | +0.81% |
| Other Changes | $-1.73 Million | -0.09% |
| Total Change | $- | -12.76% |
Book Value vs Market Value Analysis
This analysis compares Hong Kong Television Network Ltd'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: 0.10x
- 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.
- The price-to-book ratio has decreased from 0.38x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $11.11 | $4.20 | x |
| 1999-12-31 | $13.08 | $4.20 | x |
| 2000-12-31 | $31.52 | $4.20 | x |
| 2001-12-31 | $32.57 | $4.20 | x |
| 2002-12-31 | $32.16 | $4.20 | x |
| 2003-12-31 | $38.49 | $4.20 | x |
| 2004-12-31 | $38.27 | $4.20 | x |
| 2005-12-31 | $33.27 | $4.20 | x |
| 2006-12-31 | $29.00 | $4.20 | x |
| 2007-12-31 | $28.81 | $4.20 | x |
| 2008-12-31 | $30.87 | $4.20 | x |
| 2009-12-31 | $36.76 | $4.20 | x |
| 2010-12-31 | $45.85 | $4.20 | x |
| 2011-12-31 | $45.34 | $4.20 | x |
| 2012-12-31 | $87.57 | $4.20 | x |
| 2013-12-31 | $80.36 | $4.20 | x |
| 2014-12-31 | $75.53 | $4.20 | x |
| 2015-12-31 | $55.34 | $4.20 | x |
| 2016-12-31 | $49.36 | $4.20 | x |
| 2017-12-31 | $45.99 | $4.20 | x |
| 2018-12-31 | $41.98 | $4.20 | x |
| 2019-12-31 | $35.51 | $4.20 | x |
| 2020-12-31 | $45.00 | $4.20 | x |
| 2021-12-31 | $43.20 | $4.20 | x |
| 2022-12-31 | $46.61 | $4.20 | x |
| 2023-12-31 | $48.29 | $4.20 | x |
| 2024-12-31 | $44.04 | $4.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hong Kong Television Network Ltd 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 below the historical average (4.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 13.95% | 5.30% | 1.69x | 1.56x | $10.54 Million |
| 1999 | 10.14% | 2.60% | 1.63x | 2.39x | $388.20K |
| 2000 | 9.29% | 5.67% | 1.01x | 1.62x | $-5.34 Million |
| 2001 | 6.70% | 5.30% | 0.89x | 1.42x | $-26.61 Million |
| 2002 | 10.01% | 7.92% | 0.87x | 1.46x | $113.09K |
| 2003 | 21.77% | 19.85% | 0.84x | 1.31x | $139.32 Million |
| 2004 | 4.21% | 4.23% | 0.69x | 1.43x | $-68.11 Million |
| 2005 | -15.34% | -13.47% | 0.50x | 2.30x | $-258.64 Million |
| 2006 | -15.93% | -12.52% | 0.53x | 2.38x | $-231.26 Million |
| 2007 | 3.19% | 2.53% | 0.53x | 2.39x | $-61.50 Million |
| 2008 | 12.14% | 9.61% | 0.63x | 2.01x | $22.04 Million |
| 2009 | 17.32% | 14.00% | 0.85x | 1.45x | $89.98 Million |
| 2010 | 12.84% | 13.77% | 0.70x | 1.33x | $48.01 Million |
| 2011 | 17.47% | 18.67% | 0.74x | 1.26x | $134.18 Million |
| 2012 | 106.23% | 98359.60% | 0.00x | 1.02x | $3.35 Billion |
| 2013 | -1.24% | -516.66% | 0.00x | 1.18x | $-365.37 Million |
| 2014 | -5.15% | -11759.78% | 0.00x | 1.29x | $-61.92 Million |
| 2014 | -5.34% | -11728.54% | 0.00x | 1.29x | $-468.66 Million |
| 2015 | -36.30% | -720.29% | 0.05x | 1.08x | $-1.04 Billion |
| 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% | 1.09x | 1.58x | $-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 Hong Kong Television Network Ltd's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $63,280,359,031
- Average return on equity (ROE) among peers: -555.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hong Kong Television Network Ltd (HKTVY) | $1.55 Billion | 13.95% | 0.83x | $142.40 Million |
| Antiaging Quantum Living Inc. (AAQL) | $60.47K | -97.75% | 1.17x | $206.17K |
| Design Milk Co Limited (AHAHF) | $6.95 Million | 0.00% | 0.05x | $116.11 Million |
| Allegro.eu SA (ALEGF) | $8.09 Billion | 5.18% | 0.87x | $5.26 Billion |
| Winamp Group SA (ALPET) | $935.38K | -109.07% | 1.55x | $44.57K |
| Amazon.com Inc (AMZN) | $7.76 Billion | 8.13% | 2.26x | $2.10 Trillion |
| artnet AG (ARTZF) | $1.70 Million | 41.01% | 2.39x | $8.91 Million |
| Waitr Holdings Inc (ASAPQ) | $5.40 Million | -5391.56% | 32.12x | $135.00 |
| ASOS Plc (ASOMF) | $866.70 Million | -25.74% | 2.03x | $125.44 Million |
| Alibaba Group Holding Ltd (BABA) | $615.40 Billion | 14.28% | 0.57x | $371.78 Billion |
| Bluestem Group Inc (BGRP) | $673.25 Million | 2.11% | 1.46x | $94.73 |