Company Overview - HMVOD Video Limited is an internet technology supplier engaged in designing, developing, and producing internet software solutions, as well as providing IT consulting and e-business innovation services to commercial and government entities [2] - The company has recently announced the acquisition of a 40% stake in Beijing Zhongguang Honglian Network Technology Co., Ltd., which focuses on research, development, and provision of information on-demand systems and telecommunications solutions [2] Financial Performance - As of March 31, 2025, HMVOD Video reported total revenue of 16.1966 million yuan, a year-on-year decrease of 20.62% [1] - The company recorded a net profit attributable to shareholders of -13.728 million yuan, representing a year-on-year decline of 119.96% [1] - The gross profit margin stood at 24.56%, while the debt-to-asset ratio was extremely high at 2079.88% [1] Stock Performance - On July 10, the stock price of HMVOD Video closed at 0.255 HKD per share, marking an increase of 59.38% with a trading volume of 106,500 shares and a turnover of 27,300 HKD, reflecting a volatility of 125.0% [1] - Over the past month, the stock has experienced a cumulative decline of 9.09%, and since the beginning of the year, it has dropped by 65.59%, underperforming the Hang Seng Index, which has risen by 19.1% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the media and entertainment industry is -13.72 times, with a median of -1.47 times [1] - HMVOD Video's P/E ratio is -1.39 times, ranking 96th in the industry [1] - Comparatively, other companies in the industry have P/E ratios such as Huashi Group Holdings at 2.04 times, Yaoxing Technology Group at 2.55 times, and Weibo-SW at 6.77 times [1]