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

• Market Cap: HK$384.88M
• Dividend Yield: N/A
• Average Volume (3M): 720.60K
• Price to Earnings (P/E): 29.5
• Beta (1Y): 1.20
• Revenue Growth: 20.13%
• EPS Growth: -181.85%
• Country: HK
• Employees: 381
• Sector: Communication Services
• Sector Strength: 79
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -0.03
• Shares Outstanding: 1,749,442,000
• 10 Day Avg. Volume: 1,162,500
• 30 Day Avg. Volume: 720,600
• PEG Ratio: 0.29
• Price to Book (P/B): 1.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -27.52
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: ―

Feiyu Technology's overall stock score reflects substantial challenges in financial performance, with persistent losses and cash flow issues being significant concerns. While the balance sheet remains a relative strength, the lack of profitability and cash generation hampers financial stability. Technical analysis offers mixed insights with potential upward momentum but also overbought signals. Valuation remains unattractive due to negative earnings and no dividend yield. The company must improve operational efficiency and profitability to enhance its market position.

Feiyu Technology International Company Ltd. Business Overview & Revenue Model

Company Description

Feiyu Technology International Company Ltd. (1022) is a Hong Kong-based investment holding company primarily engaged in the design, research, and development of gaming software. The company operates through various subsidiaries, focusing on providing a wide range of online gaming solutions, including mobile games, browser games, and other interactive entertainment content. Feiyu Technology is known for its innovative approach to game development and its ability to cater to diverse gaming communities worldwide.

How the Company Makes Money

Feiyu Technology International Company Ltd. generates revenue through multiple streams primarily centered around its gaming software and services. The company's primary revenue model involves the sale of virtual items, in-game purchases, and subscriptions within its gaming platforms. These microtransactions are a significant source of income, as players spend money to enhance their gaming experience through additional content, special items, or premium features. Additionally, the company may earn advertising revenue by partnering with various ad networks to display advertisements within its games. Significant partnerships with other technology companies, gaming platforms, or distribution channels can also contribute to its earnings, by extending its reach and increasing its user base. Furthermore, Feiyu Technology might engage in licensing agreements, allowing other companies to use its intellectual property in exchange for royalties, thus diversifying its income streams.

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
	EBIT
-41.96M	38.30M	-27.48M	-77.68M	-35.94M
	EBITDA
-37.90M	42.37M	-23.95M	-72.59M	-32.97M
	Net Income Common Stockholders
-44.39M	52.01M	-29.64M	-78.10M	-21.46M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
102.50M	161.21M	133.41M	130.13M	145.73M
	Total Assets
680.08M	701.93M	625.66M	668.50M	634.06M
	Total Debt
89.50M	97.17M	74.25M	81.96M	70.11M
	Net Debt
-11.19M	-63.50M	-58.90M	-44.30M	-69.08M
	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
0.00	33.18M	-19.57M	-81.32M	-64.14M
	Operating Cash Flow
0.00	40.07M	-4.50M	-53.23M	-35.47M
	Investing Cash Flow
0.00	-43.69M	22.33M	-70.62M	52.05M
	Financing Cash Flow
0.00	27.99M	-13.65M	112.14M	-56.17M

Feiyu Technology International Company Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 0.22 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.20, and above the 200-day MA of 0.21, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.13 is Neutral, neither overbought nor oversold. The STOCH value of 59.60 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
0700	78 Outperform	HK$4.64T	21.75	21.25%	0.88%	8.88%	54.27%
3888	71 Outperform	$51.10B	27.92	7.07%	0.41%	19.66%	169.54%
Sector *	61 Neutral	$14.64B	5.81	-3.99%	6.03%	2.71%	-31.56%
0636	58 Neutral	$13.79B	8.97	8.04%	4.79%	22.92%	27.65%
1181	53 Neutral	HK$184.00M	53.14	-8.51%	8.47%	-10.93%	-143.61%
1022	47 Neutral	HK$384.88M	29.52	-9.06%	―	20.13%	-181.85%

Feiyu Technology International Company Ltd. Corporate Events

Feiyu Technology Clarifies AGM Notice Error

Feiyu Technology International Company Ltd. issued a clarification announcement regarding a clerical error in the notice of its upcoming annual general meeting scheduled for May 23, 2025. The correction pertains to the location details of the meeting, ensuring stakeholders are accurately informed. The rest of the AGM Notice remains unchanged, and the announcement serves to maintain transparency and clear communication with shareholders and other stakeholders.

Feiyu Technology Announces 2025 Annual General Meeting and Key Resolutions

Feiyu Technology International Company Ltd. has announced its upcoming annual general meeting scheduled for May 24, 2025, where several key resolutions will be discussed. These include the adoption of the company’s financial statements for 2024, the re-election of executive directors, and the re-appointment of Ernst & Young as auditors. Additionally, a general mandate for share repurchase will be considered, potentially impacting the company’s market operations and shareholder value.

Feiyu Technology Reports Revenue Growth Amid New Game Success

Feiyu Technology International Company Ltd. reported a 22.4% increase in revenue for 2024, driven by the successful launch of new HTML5 games, particularly Yi Bu Liang Bu, which gained significant traction. Despite the revenue growth, the company faced a loss of RMB44.4 million due to increased promotional expenses. The company remains optimistic about the future, expecting strong returns from its new game and continued stability from its established titles.

Feiyu Technology Announces Upcoming Board Meeting for Annual Results and Dividend Decision

Feiyu Technology International Company Ltd. has announced that its board of directors will meet on March 28, 2025, to consider and approve the annual results for the year ending December 31, 2024, and to discuss the recommendation of a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market position and stakeholder interests.

Feiyu Technology Issues Profit Warning Amid Strategic Investments and Game Launch Delays

Feiyu Technology International Company Ltd. has issued a profit warning, anticipating a net loss of RMB40.0 million to RMB50.0 million for the year ending December 2024, compared to a net profit of RMB52.2 million in 2023. The loss is attributed to an investment loss in an unlisted limited partnership, increased promotional expenses for the new game Yi Bu Liang Bu, and delays in launching new games. Despite these challenges, the company has seen success with Yi Bu Liang Bu, which has climbed to the 8th position on the Weixin mini-game best-selling list, indicating potential for future growth and market strengthening. The company plans to launch additional games in the first half of 2025, aiming for improved performance in the coming year.