Feiyu Technology International Company Ltd. (1022) AI Stock Analysis

• Market Cap: HK$673.54M
• Dividend Yield: N/A
• Average Volume (3M): 4.47M
• Price to Earnings (P/E): 29.5
• Beta (1Y): 1.35
• Revenue Growth: 20.13%
• EPS Growth: -181.85%
• Country: HK
• Employees: 381
• Sector: Communication Services
• Sector Strength: 80
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -0.03
• Shares Outstanding: 1,749,442,000
• 10 Day Avg. Volume: 4,178,850
• 30 Day Avg. Volume: 4,469,550
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$0.50
• Price Target Upside: 25.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: HK$0.50 ▲(25.00% Upside)

Feiyu Technology's stock score is primarily impacted by its challenging financial performance and valuation concerns, as reflected in its negative P/E ratio and lack of profitability. Despite the bullish momentum in technical indicators, the overbought status poses a risk. The absence of earnings call data and corporate events means the financial and technical analysis components dominate the score.

Feiyu Technology International Company Ltd. Business Overview & Revenue Model

Company Description

Feiyu Technology International Company Ltd., an investment holding company, develops, operates, and distributes mobile, web, and personal computer games in Mainland China. Its game portfolio includes Shen Xian Dao, Carrot Fantasy, San Guo Zhi Ren, Jiong Xi You, Da Hua Shen Xian, Ba Qin, and BATTERY RUN. As of December 31, 2021, it had approximately 229.1 million cumulative registered users, including 173.0 million web game users and 56.1 million mobile game users; 635.9 million cumulative activated downloads for casual games; and 37.4 million cumulative registered users for HTML5 games. The company was founded in 2009 and is headquartered in Xiamen, the People's Republic of China.

How the Company Makes Money

Feiyu Technology International Company Ltd. generates revenue primarily through the sale of its electronic products, such as stabilizers and gimbals, which are popular among photographers, videographers, and content creators. The company leverages its expertise in technology and engineering to produce high-quality, reliable products that meet the demands of both amateur and professional users. Additionally, Feiyu Technology collaborates with various distribution partners and retail channels to expand its market reach and enhance sales. The company's revenue streams are further supported by continuous innovation and the introduction of new products that align with the latest technological trends and consumer preferences.

Feiyu Technology International Company Ltd. Financial Statement Overview

Summary

Feiyu Technology faces significant challenges in achieving profitability despite revenue growth. While the balance sheet remains relatively strong with solid equity, cash flow issues and persistent losses threaten financial stability. The company needs to focus on improving operational efficiency and cash flow generation to enhance its financial position.

Income Statement

Feiyu Technology's income statement reflects challenges in maintaining profitability. The gross profit margin remains high, indicating strong cost management, but the net profit margin is negative due to significant EBIT and EBITDA losses. Recent revenue growth is positive but has not translated into profitability, indicating potential operational inefficiencies.

Balance Sheet

The company maintains a solid equity position with a favorable equity ratio and a manageable debt-to-equity ratio. However, the negative return on equity suggests difficulties in generating returns for shareholders. The balance sheet's strength is offset by recurring annual losses, impacting equity value.

Cash Flow

Feiyu Technology's cash flow statement reveals concerns with no reported operating or free cash flows in the latest year. Previous free cash flows were negative, highlighting cash generation challenges. The lack of positive cash flow generation poses liquidity risks and affects operational flexibility.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	276.75M	226.19M	191.52M	104.79M	117.00M
Gross Profit	237.19M	194.47M	154.20M	69.93M	82.42M
EBITDA	-37.90M	42.37M	-23.95M	-72.59M	-32.97M
Net Income	-44.39M	52.01M	-29.64M	-78.10M	-21.46M
Balance Sheet
Total Assets	680.08M	701.93M	625.66M	668.50M	634.06M
Cash, Cash Equivalents and Short-Term Investments	102.50M	161.21M	133.41M	130.13M	145.73M
Total Debt	89.50M	97.17M	74.25M	81.96M	70.11M
Total Liabilities	197.50M	175.99M	169.15M	174.59M	144.90M
Stockholders Equity	469.82M	511.43M	446.22M	493.72M	498.32M
Cash Flow
Free Cash Flow	-12.18M	33.18M	-19.57M	-81.32M	-64.14M
Operating Cash Flow	-10.88M	40.07M	-4.50M	-53.23M	-35.47M
Investing Cash Flow	-43.01M	-43.69M	22.33M	-70.62M	52.05M
Financing Cash Flow	-7.42M	27.99M	-13.65M	112.14M	-56.17M

Feiyu Technology International Company Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1022, the sentiment is Positive. The current price of 0.4 is above the 20-day moving average (MA) of 0.35, above the 50-day MA of 0.27, and above the 200-day MA of 0.22, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 66.80 is Neutral, neither overbought nor oversold. The STOCH value of 47.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1022.

Feiyu Technology International Company Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	HK$63.41B	-0.75	-4.21%	5.33%	-2.16%	-18.87%
1022	50 Neutral	HK$673.54M	29.52	-9.06%	―	20.13%	-181.85%
FH0	―	€16.19M	―	-10.95%	―	―	―
13O	―	€21.88M	―		―	―	―
6860	71 Outperform	HK$429.55M	12.15	4.10%	―	-7.48%	416.22%
1909	46 Neutral	HK$343.68M	―	-14.02%	―	4.20%	-103.05%
1961	39 Underperform	HK$216.62M	―	-38.09%	―	-4.13%	20.14%

Feiyu Technology International Company Ltd. Corporate Events

Feiyu Technology Announces Supplemental Share Options Grant

Feiyu Technology International Company Ltd. has announced a supplemental update regarding its grant of 108,240,000 share options to employees. The share options are divided into those with and without performance targets, with exercise periods spanning from 2026 to 2031. This move is likely to incentivize employees and align their interests with the company’s long-term goals.

Feiyu Technology Announces Major Share Option Grant

Feiyu Technology International Company Ltd. announced the grant of 125,740,000 share options to certain eligible participants, including senior management and employees. This move, under the 2024 Share Option Scheme, represents approximately 7.19% of the current total shares and is aimed at incentivizing key personnel, potentially impacting the company’s operational dynamics and market positioning.

Feiyu Technology Announces Positive Profit Turnaround for H1 2025

Feiyu Technology International Company Ltd. has announced a positive profit alert, indicating a significant turnaround in its financial performance for the first half of 2025. The company anticipates a net profit after tax ranging from RMB55.0 million to RMB70.0 million, compared to a net loss of RMB2.0 million in the same period of the previous year. This improvement is attributed to increased revenue from its product ‘Yi Bu Liang Bu’ and a positive change in investment income from an unlisted limited partnership, driven by fair value changes in investments in intelligent systems and related sectors.

Feiyu Technology Sets Governance Standards with New Nomination Committee Terms

Feiyu Technology International Company Ltd. has outlined the terms of reference for its Nomination Committee, emphasizing a commitment to diversity and governance. The committee will focus on reviewing the board’s structure, size, and composition, ensuring diversity and effective governance, and will meet at least once a year to discuss potential changes to the board, assess director independence, and evaluate board performance.

Feiyu Technology Acquires Beijing Properties in Strategic Expansion

Feiyu Technology International Company Ltd. has announced a discloseable transaction involving the acquisition of properties in Beijing, China. The transaction, valued at RMB50,300,000, involves the purchase of office units and parking spaces through its subsidiary, Beijing Jialike. This acquisition is subject to the existing tenancies and will be used for non-residential purposes. The transaction is significant as it falls under the discloseable transaction category according to Hong Kong’s Listing Rules, indicating a strategic expansion in its property assets.

Feiyu Technology Secures Unanimous Approval for AGM Resolutions

Feiyu Technology International Company Ltd. announced that all proposed resolutions at their annual general meeting held on May 23, 2025, were unanimously approved by shareholders. These resolutions included the adoption of financial statements, re-election of executive directors, authorization of directors’ remuneration, re-appointment of auditors, and mandates for share repurchase and issuance. The unanimous approval reflects strong shareholder support and stability in the company’s governance, potentially enhancing its market position.