Boyaa Interactive International (0434) AI Stock Analysis

• Market Cap: $4.94B
• Dividend Yield: 1.41%
• Average Volume (3M): 8.26M
• Price to Earnings (P/E): 14.8
• Beta (1Y): 0.07
• Revenue Growth: 11.64%
• EPS Growth: -29.90%
• Country: HK
• Employees: 220
• Sector: Communication Services
• Sector Strength: 75
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): 1.45
• Shares Outstanding: 710,698,700
• 10 Day Avg. Volume: 8,174,853
• 30 Day Avg. Volume: 8,258,078
• PEG Ratio: <0.01
• Price to Book (P/B): 0.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $5.97
• Price Target Upside: -21.71% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 78 Outperform
• Price Target: HK$8.50 ▲(11.55%Upside)

Boyaa Interactive International is well-positioned with strong financial performance driven by revenue growth and robust profitability. Technical indicators reflect a bullish trend, further supporting the positive outlook. The valuation is attractive with a reasonable P/E ratio and a very high dividend yield, although sustainability of the yield is a concern. Overall, the stock is a strong performer with minimal risks.

Boyaa Interactive International Business Overview & Revenue Model

Company Description

Boyaa Interactive International (0434) is a prominent Chinese company specializing in the development and operation of online card and board games. Established in 2004, the company has expanded its reach to various international markets, offering a wide array of digital games. Boyaa's core products include popular online versions of traditional games such as Texas Hold'em, Chinese Poker, and other culturally significant card games. The company is listed on the Hong Kong Stock Exchange and is recognized for its innovation in the online gaming sector.

How the Company Makes Money

Boyaa Interactive International generates revenue primarily through the sale of virtual goods and in-game items within its online games. Players purchase these virtual items to enhance their gaming experience, which constitutes a significant portion of the company's income. Additionally, Boyaa earns money through advertising, where it partners with third-party advertisers to display ads within its games. The company leverages its large user base to attract advertisers, thereby diversifying its revenue streams. Boyaa also benefits from its international presence, operating in various markets that contribute to its overall earnings.

Boyaa Interactive International Financial Statement Overview

Summary

Boyaa Interactive International exhibits impressive financial performance with strong revenue growth, excellent profitability, and a solid balance sheet. The company benefits from low leverage and high equity ratios, showcasing financial stability. While cash flow generation is robust, further improvements in cash conversion efficiency could enhance liquidity. Overall, the company is in a strong financial position with minimal risks.

Income Statement

Boyaa Interactive International showed strong revenue growth with a 15.8% increase in 2024 from 2023. The gross profit margin improved to 72.7% in 2024, indicating efficient cost management. The net profit margin surged to 193.4%, largely due to a significant increase in net income. EBIT and EBITDA margins were robust at 225.1% and 231.9%, respectively. The company displays excellent profitability, although the high margins may not be sustainable long-term.

Balance Sheet

The company maintains a solid financial position with a low debt-to-equity ratio of 0.005, indicating minimal leverage. The return on equity improved significantly to 35.9% in 2024, showing effective use of equity. The equity ratio stands at a healthy 83.1%, reflecting strong equity financing. The balance sheet is robust, with minimal financial risk.

Cash Flow

Operating cash flow increased by 75.7% in 2024, demonstrating strong operational performance. Free cash flow also grew by 87%, indicating solid liquidity. The operating cash flow to net income ratio of 0.19 suggests a need for better cash conversion. Overall, the cash flow statement reflects healthy cash generation, though the high cash conversion ratio could be improved.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	456.88M	394.58M	375.27M	366.16M	351.48M
Gross Profit	332.14M	271.28M	245.84M	244.96M	242.23M
EBITDA	1.06B	139.40M	100.58M	151.32M	-5.57M
Net Income	883.78M	117.18M	64.20M	7.97M	-45.10M
Balance Sheet
Total Assets	2.96B	1.93B	1.79B	2.30B	2.33B
Cash, Cash Equivalents and Short-Term Investments	157.85M	1.61B	1.43B	1.36B	1.12B
Total Debt	12.94M	12.38M	16.53M	860.00K	4.62M
Total Liabilities	500.81M	329.88M	329.31M	285.68M	286.41M
Stockholders Equity	2.46B	1.60B	1.46B	2.02B	2.05B
Cash Flow
Free Cash Flow	153.80M	82.25M	124.88M	120.95M	114.01M
Operating Cash Flow	163.73M	93.19M	128.39M	123.94M	125.98M
Investing Cash Flow	-733.31M	338.62M	-89.78M	-256.34M	-205.75M
Financing Cash Flow	-33.62M	-4.15M	-4.13M	-4.18M	-9.15M

Boyaa Interactive International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0434, the sentiment is Positive. The current price of 7.62 is above the 20-day moving average (MA) of 7.43, above the 50-day MA of 6.36, and above the 200-day MA of 4.54, indicating a neutral trend. The MACD of 0.47 indicates Positive momentum. The RSI at 54.31 is Neutral, neither overbought nor oversold. The STOCH value of 9.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0434.

Boyaa Interactive International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0799	79 Outperform	HK$4.73B	8.16	19.85%	3.58%	8.95%	712.96%
0434	78 Outperform	$4.94B	14.84	14.21%	1.41%	11.64%	-29.90%
2660	71 Outperform	HK$2.44B	5.10	17.68%	6.05%	-21.05%	-42.14%
Sector *	55 Neutral	HK$68.06B	-1.45	-3.62%	5.66%	-4.08%	-17.07%
0302	51 Neutral	HK$1.53B	―	-43.81%	―	-27.68%	-11792.65%
3798	48 Neutral	HK$1.53B	18.03	-3.75%	8.40%	-23.76%	-116.47%
6820	46 Neutral	HK$1.70B	―	-4.15%	―	7.55%	64.78%

Boyaa Interactive International Corporate Events

Boyaa Interactive to Review Interim Financial Results

Boyaa Interactive International Limited has announced that its board of directors will meet on August 11, 2025, to approve the unaudited interim results for the first half of the year. This meeting is significant as it will provide insights into the company’s financial performance and could impact its market positioning and stakeholder confidence.

Boyaa Interactive Reports Q1 2025 Financial Results with Notable Profit Turnaround

Boyaa Interactive International Limited has announced its unaudited consolidated results for the first quarter of 2025, reporting a revenue of HK$119,570,000, which represents a 6.4% decrease compared to the previous year. Despite a decline in revenue from online games, the company reported a significant turnaround with a profit attributable to owners of HK$387,592,000, driven by unrealized fair value gains on digital assets.

Boyaa Interactive Updates Nomination Committee Terms

Boyaa Interactive International Limited has revised the terms of reference for its Nomination Committee, a move that reflects the company’s ongoing efforts to enhance corporate governance. This revision may impact the company’s operations by potentially improving board effectiveness and aligning with regulatory requirements, thereby strengthening its industry positioning.

Boyaa Interactive’s AGM Resolutions Passed with Strong Shareholder Support

Boyaa Interactive International Limited announced the successful passing of all proposed ordinary resolutions at its Annual General Meeting held on May 23, 2025. Key resolutions included the approval of the company’s audited financial statements for 2024, the declaration of a final dividend, re-election of directors, re-appointment of the auditor, and granting of mandates to the directors for share repurchase and issuance. The resolutions were passed with overwhelming support, indicating strong shareholder confidence in the company’s governance and strategic direction.

Boyaa Interactive Issues Profit Warning Amid Digital Asset Decline

Boyaa Interactive International Limited has issued a profit warning, indicating an expected loss of approximately HKD200 million to HKD220 million for the first quarter of 2025, compared to a profit of HKD388 million in the same period of 2024. This downturn is mainly due to a decrease in the fair value of digital assets, particularly Bitcoin, and a slight decline in revenue and deposit interest income, impacting the company’s financial performance and market positioning.

Boyaa Interactive Schedules Board Meeting for Quarterly Results

Boyaa Interactive International Limited announced that its board of directors will meet on May 29, 2025, to approve the unaudited consolidated first quarterly results for the period ending March 31, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the upcoming quarters.