Hong Kong Stock Exchange · Communication Services
Invest in ZO Future stock from India
Indian and foreign residents can buy ZO Future (2309) shares directly through Paasa.
By Paasa · Updated
ZO Future at a glance
- Price
- HK$1.78-HK$0.12 (6.32%)
- Market cap
- HK$1.64B
- Day range
- HK$1.74 – HK$1.95
- P/E
- -35.60
- Dividend yield
- None
- Volume
- 4.33M
- 1 month
- +1.71%
- 6 months
- -21.24%
- YTD
- -16.43%
- 1 year
- -5.82%
- 5 years
- -45.73%
ZO Future statements, FY2020–FY2024
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | HK$451.2M | HK$275.2M | HK$217.1M | HK$220.9M | HK$165.0M |
| Gross profit | −HK$443.4M | −HK$295.3M | −HK$234.0M | −HK$309.9M | −HK$339.0M |
| Operating income | −HK$562.6M | −HK$295.3M | −HK$272.9M | −HK$345.3M | −HK$389.1M |
| Net income | −HK$314.0M | −HK$182.8M | −HK$25.7M | −HK$40.7M | −HK$74.2M |
| Earnings per share | −HK$0.38 | −HK$0.23 | −HK$0.03 | −HK$0.05 | −HK$0.10 |
| EBITDA | −HK$244.5M | −HK$191.6M | −HK$15.4M | −HK$785.0K | HK$16.3M |
| Total assets | HK$2.0B | HK$1.3B | HK$959.6M | HK$1.0B | HK$1.1B |
| Total debt | HK$1.2B | HK$627.8M | HK$340.8M | HK$432.9M | HK$398.0M |
| Cash and short-term investments | HK$242.3M | HK$145.3M | HK$14.7M | HK$35.7M | HK$44.8M |
| Shareholders' equity | HK$363.3M | HK$458.3M | HK$520.1M | HK$488.0M | HK$535.3M |
| Operating cash flow | −HK$461.9M | −HK$332.1M | −HK$242.0M | −HK$240.9M | −HK$355.2M |
| Free cash flow | −HK$624.9M | −HK$558.4M | −HK$285.5M | −HK$276.8M | −HK$416.8M |
| Capital expenditure | HK$0.0 | −HK$226.3M | −HK$43.4M | −HK$36.0M | −HK$61.6M |
Fiscal years as reported, the latest ending 30 Jun 2025. Figures in HKD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| APT Satellite | 1045.HK | HK$1.96 | HK$1.82B |
| Web3 Meta | 8093.HK | HK$2.25 | HK$1.67B |
| Digital Domain | 0547.HK | HK$0.20 | HK$1.62B |
| YH Entertainment | 2306.HK | HK$1.93 | HK$1.58B |
| TOM | 2383.HK | HK$0.36 | HK$1.40B |
| Huanxi Media | 1003.HK | HK$0.26 | HK$1.14B |
| Cathay Media and Education | 1981.HK | HK$0.68 | HK$1.10B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in ZO Future from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.
Step 3
Search 2309 and buy
Find ZO Future by name or by its ticker, 2309, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in ZO Future from India
What ZO Future does
Birmingham Sports Holdings Limited operates as an investment holding company with varied business interests. Its ventures include managing a professional football club in the United Kingdom. ZO Future operates in the Entertainment industry within the Communication Services sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy ZO Future stock from India?
Yes. Indian residents and NRIs can buy ZO Future (2309) shares directly through Paasa. ZO Future is listed on the Hong Kong Stock Exchange, in the Entertainment industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full ZO Future share?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$1.78 a share, size the order by the lot, not by the share.
What tax do I pay in India when I sell ZO Future shares?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on ZO Future shares?
Hong Kong has no estate duty. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.