iDreamSky Technology Holdings Limited (HK:1119)
:1119
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iDreamSky Technology Holdings Limited
(1119)
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Rating:39Underperform
Price Target:
HK$0.54
▼(-56.53% Downside)
Action:ReiteratedDate:11/22/25
The overall stock score of 39 reflects significant financial challenges and a bearish technical outlook. The company's declining revenues, negative profit margins, and cash flow constraints are major concerns. Additionally, the technical indicators suggest a bearish trend, with the stock being oversold. The poor valuation, highlighted by a negative P/E ratio and lack of dividend yield, further impacts the score negatively.
Positive Factors
Asset-light publishing model
The company’s core revenue comes from publishing and operating mobile games, an asset-light model that can scale with successful titles. Over several months this supports operational leverage and lower fixed costs versus owning studios, helping margins if the content pipeline rebounds.
Negative Factors
Declining revenue and margins
Sustained revenue declines and deteriorating margins erode scale economics and the ability to fund live-ops and new launches. Over a multi-month horizon this pressures core monetization, reduces reinvestment capacity and raises the bar for any recovery in profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Asset-light publishing model
The company’s core revenue comes from publishing and operating mobile games, an asset-light model that can scale with successful titles. Over several months this supports operational leverage and lower fixed costs versus owning studios, helping margins if the content pipeline rebounds.
Read all positive factors
iDreamSky Technology Holdings Limited (1119) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$939.30M
Dividend YieldN/A
Average Volume (3M)5.68M
Price to Earnings (P/E)10.6
Beta (1Y)1.04
Revenue Growth-17.65%
EPS Growth48.05%
CountryHK
Employees852
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,064,405,800
10 Day Avg. Volume6,049,526
30 Day Avg. Volume5,682,548
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)3.00
Price to Sales (P/S)2.72
P/FCF Ratio-34.54
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.33
Revenue Forecast (FY)HK$4.55B
iDreamSky Technology Holdings Limited Business Overview & Revenue Model
Company Description
iDreamSky Technology Holdings Limited (1119) is a prominent mobile game publisher and developer based in China. The company operates primarily in the mobile gaming sector, focusing on the development, publishing, and distribution of interactive en...
How the Company Makes Money
iDreamSky generates revenue primarily through the monetization of its mobile games, which includes in-app purchases, advertisements, and game licensing fees. The company employs a free-to-play model, allowing users to download and play games for f...
iDreamSky Technology Holdings Limited Financial Statement Overview
Summary
Income Statement
40
Negative
Balance Sheet
55
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.35B | 1.51B | 1.92B | 2.59B | 2.64B | 3.21B |
| Gross Profit | 424.49M | 426.79M | 673.46M | 400.46M | 1.10B | 1.34B |
| EBITDA | -24.26M | -148.15M | -209.47M | -2.13B | 251.24M | -225.67M |
| Net Income | -406.27M | -528.83M | -556.35M | -2.49B | -157.48M | -441.57M |
Balance Sheet | ||||||
| Total Assets | 3.51B | 3.59B | 3.71B | 4.32B | 6.61B | 6.75B |
| Cash, Cash Equivalents and Short-Term Investments | 120.38M | 224.11M | 263.57M | 216.38M | 788.76M | 841.44M |
| Total Debt | 1.27B | 1.35B | 1.23B | 1.62B | 1.83B | 2.15B |
| Total Liabilities | 1.98B | 2.13B | 1.96B | 2.53B | 2.40B | 3.04B |
| Stockholders Equity | 1.44B | 1.37B | 1.65B | 1.62B | 3.94B | 3.45B |
Cash Flow | ||||||
| Free Cash Flow | 174.02M | -119.31M | 123.10M | 62.83M | 113.63M | 368.77M |
| Operating Cash Flow | 175.73M | 151.68M | 252.96M | 93.92M | 153.77M | 384.74M |
| Investing Cash Flow | -269.76M | -362.18M | -137.93M | -321.69M | -274.75M | -1.07B |
| Financing Cash Flow | -73.08M | 217.06M | -18.11M | -406.16M | 118.98M | 911.90M |
iDreamSky Technology Holdings Limited Technical Analysis
Negative
1.24
Price Trends
0.52
Negative
0.58
Negative
0.80
Negative
Market Momentum
-0.03
Negative
44.92
Neutral
70.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1119, the sentiment is Negative. The current price of 1.24 is above the 20-day moving average (MA) of 0.46, above the 50-day MA of 0.52, and above the 200-day MA of 0.80, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 44.92 is Neutral, neither overbought nor oversold. The STOCH value of 70.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1119.
iDreamSky Technology Holdings Limited Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$2.63B | 6.70 | 11.78% | 13.83% | -27.66% | -51.96% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
56 Neutral | HK$1.64B | 8.45 | -3.41% | 7.30% | -23.42% | -191.82% | |
56 Neutral | HK$1.93B | 16.23 | 4.13% | ― | -41.86% | ― | |
42 Neutral | HK$1.17B | -31.76 | -7.91% | ― | 41.00% | 23.75% | |
39 Underperform | HK$939.30M | 10.57 | -27.26% | ― | -17.65% | 48.05% | |
39 Underperform | HK$670.97M | -0.72 | -70.09% | ― | -36.80% | -666.80% |
* Communication Services Sector Average
HK:1119
iDreamSky Technology Holdings Limited
0.46
-0.27
-37.67%
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Archosaur Games Inc.
1.46
0.26
21.67%
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Zengame Technology Holding Ltd.
2.54
0.68
36.56%
HK:0302
CMGE Technology Group Limited
0.22
-0.12
-34.12%
HK:3798
Homeland Interactive Technology Ltd.
1.28
0.32
33.33%
HK:6633
Qingci Games, Inc.
2.79
-0.08
-2.79%
iDreamSky Technology Holdings Limited Corporate Events
iDreamSky Grants 10.9 Million Share Options to Employees
Nov 7, 2025
iDreamSky Technology Holdings Limited has announced the grant of 10,948,500 share options to 69 non-director employees under its 2023 New Share Option Scheme. This initiative, effective from November 7, 2025, is designed to incentivize employees w...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.