TVB Limited (0511.HK) stock price, financials & research

Regular session · HKT · Market data may be delayed.

Company profile

TVB Limited, formerly known as Television Broadcasts Limited, is a media and entertainment company based in Hong Kong. Its main business includes free-to-air terrestrial television broadcasting, content production, and distribution of video content and music entertainment. The company also engages in artiste management, digital marketing, and operates OTT services like myTV SUPER, targeting both local Hong Kong audiences and Chinese-speaking viewers worldwide.

Industry: Broadcasting
Sector: Communication Services
Headquarters: HK
CEO: To Hui
Listed since: Nov 23, 1988
Employees: 3,044

Market position

Day range

Current HK$2.47

HK$2.425HK$2.475

52-week range

Current HK$2.47

HK$2.18HK$4.35

Open: HK$2.475
Previous close: HK$2.475
Volume: 520K; 0.46× average
Average volume: 1.12M; Average daily volume
Market cap: 1.15B HKD
Beta: 0.91; Market reference 1
50-day average: HK$2.4242; +1.89% above average
200-day average: HK$2.8096; -12.09% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM): 19×
P/B (TTM): 0.49×
P/S (TTM): 0.36×
Dividend yield: 0.00%

Profitability & efficiency

Gross margin: 42.85%
Operating margin: 2.19%
Net margin: 1.86%

Financial health

Debt / equity: 0.91×
Altman Z-score: 2.29
Piotroski F-score: 5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

3.19B HKD-2.02%

Operating income

69.95M HKD+90.68M HKD

Net income

59.29M HKD+550.34M HKD

Metric (HKD)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	3.19B HKD	3.26B HKD	3.32B HKD	3.59B HKD	2.9B HKD
Cost of goods sold	1.82B HKD	1.93B HKD	2.3B HKD	2.58B HKD	2.18B HKD
Gross profit	1.37B HKD	1.33B HKD	1.02B HKD	1.01B HKD	721.83M HKD
Research and development	52.7M HKD	64.94M HKD	71.04M HKD	81.37M HKD	63.36M HKD
Selling, general, and administrative	1.25B HKD	1.35B HKD	1.54B HKD	1.78B HKD	1.53B HKD
Operating expenses	1.3B HKD	1.35B HKD	1.54B HKD	1.99B HKD	1.54B HKD
Interest income	4.89M HKD	105.82M HKD	95.66M HKD	124.56M HKD	153.2M HKD
Interest expense	112.47M HKD	147.39M HKD	146.69M HKD	81.1M HKD	106.37M HKD
Depreciation and amortization	146.13M HKD	289.18M HKD	373.37M HKD	427.25M HKD	413.41M HKD
Operating income	69.95M HKD	−20.72M HKD	−520.5M HKD	−978.09M HKD	−872.53M HKD
Net income	59.29M HKD	−491.05M HKD	−762.8M HKD	−807.13M HKD	−646.74M HKD