Top Page
Fire Rock Holdings Ltd
(1909)
Fire Rock Holdings Ltd (1909) vs. iShares MSCI Hong Kong ETF (EWH)
Fire Rock Holdings Ltd Business Overview & Revenue Model
Fire Rock Holdings Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 195.97M | 140.59M | 134.93M | 115.06M | 1.04B | 586.10M |
| Gross Profit | 154.52M | 109.66M | 107.54M | 76.59M | 867.08M | 534.95M |
| EBITDA | -1.47M | 22.24M | 592.19M | 64.66M | -1.02B | 484.61M |
| Net Income | 804.07M | -17.07M | 559.91M | 30.20M | -1.21B | 386.18M |
Balance Sheet | ||||||
| Total Assets | 160.87M | 134.68M | 160.87M | 189.71M | 397.29M | 906.71M |
| Cash, Cash Equivalents and Short-Term Investments | 85.49M | 53.64M | 85.49M | 119.54M | 347.75M | 731.12M |
| Total Debt | 1.22M | 1.99M | 1.22M | 585.92M | 620.00M | 9.36M |
| Total Liabilities | 20.55M | 20.68M | 20.55M | 610.97M | 852.93M | 89.98M |
| Stockholders Equity | 131.07M | 112.30M | 131.07M | -430.01M | -461.39M | 815.05M |
Cash Flow | ||||||
| Free Cash Flow | -47.71M | 5.70M | -38.63M | -2.70M | 523.86M | 478.95M |
| Operating Cash Flow | -34.41M | 6.16M | -23.72M | 2.59M | 550.61M | 517.10M |
| Investing Cash Flow | 6.69M | -9.24M | 4.52M | -19.61M | -741.98M | 54.53M |
| Financing Cash Flow | -23.68M | -27.61M | -16.32M | -212.01M | -178.83M | -32.38M |
Fire Rock Holdings Ltd Technical Analysis
Fire Rock Holdings Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | HK$379.34M | 12.44 | 3.47% | ― | -25.66% | -23.36% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
46 Neutral | HK$198.26M | -3.06 | -34.36% | ― | -43.62% | 22.41% | |
46 Neutral | HK$1.14B | 73.86 | 2.72% | ― | 183.41% | 39.68% | |
44 Neutral | HK$144.78M | -1.49 | -15.08% | ― | 65.41% | -313.74% | |
41 Neutral | HK$373.94M | -7.32 | -36.46% | ― | 12.84% | -113.72% | |
41 Neutral | HK$268.64M | -2.34 | ― | ― | ― | ― |
Fire Rock Holdings Ltd Corporate Events
Fire Rock Holdings has announced senior management changes effective 31 December 2025, with executive director and chief executive officer Zhou Zhiwei stepping down from both roles to focus on driving the group’s overseas business, while remaining as business development manager. The company has appointed industry veteran Zhang Yan as executive director, chairman of the board and chief product officer; Zhang, who previously chaired the board until 2023 and has nearly three decades of online gaming experience, will draw a modest salary in his product role, underscoring the board’s focus on strengthening leadership in game development and corporate governance as the group pursues its growth strategy.
The most recent analyst rating on (HK:1909) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.
Fire Rock Holdings Limited has announced the composition of its board of directors and detailed the membership and leadership of its key governance committees. Chairman Zhang Yan leads a four-member executive team alongside three independent non-executive directors, who collectively chair and sit on the audit, remuneration and nomination committees, thereby formalising the company’s governance framework and delineating oversight responsibilities at year-end 2025.
The most recent analyst rating on (HK:1909) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.
Fire Rock Holdings Limited has completed a rights issue on the basis of one rights share for every two existing shares at HK$1.58 per share, raising gross proceeds of approximately HK$80.3 million (net HK$79.5 million) to be applied in line with previously stated funding plans. The issue was only 45.78% subscribed by existing shareholders, with a further small tranche of unsubscribed shares placed to independent investors and the bulk of the remaining untaken rights shares taken up by underwriter Sulfulon, lifting the Sulfulon Concert Group’s stake to about 51% of the enlarged share capital and consolidating its control while leaving no net gain to distribute to non-participating shareholders.
The most recent analyst rating on (HK:1909) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.
Fire Rock Holdings Ltd announced the results of its Rights Issue, revealing that approximately 45.78% of the offered 96,000,000 Rights Shares were subscribed. The remaining 54.22% of unsubscribed shares will be offered to independent placees through compensatory arrangements, with any premium gained benefiting shareholders. The Rights Issue’s success is contingent on the fulfillment of certain conditions, including the Underwriting Agreement becoming unconditional.
The most recent analyst rating on (HK:1909) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.
Fire Rock Holdings Ltd recently held an Extraordinary General Meeting (EGM) where key resolutions regarding a Rights Issue, Placing Agreement, Underwriting Agreement, and a Whitewash Waiver were passed. The meeting saw participation from shareholders holding approximately 8% of the company’s issued shares, with significant abstentions from those involved in the transactions. The resolutions were approved by a substantial majority, indicating strong shareholder support for the company’s strategic financial maneuvers.
The most recent analyst rating on (HK:1909) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.
Fire Rock Holdings Ltd recently held an Extraordinary General Meeting (EGM) where shareholders voted on key resolutions including a Rights Issue, Placing Agreement, Underwriting Agreement, and a Whitewash Waiver. The meeting saw significant participation, with independent shareholders holding 113,660,000 shares eligible to vote. The resolutions were overwhelmingly approved, with over 99% of votes in favor, indicating strong shareholder support for the company’s strategic financial maneuvers. This approval is likely to impact the company’s capital structure and market positioning positively.
The most recent analyst rating on (HK:1909) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.
Fire Rock Holdings Ltd has announced an extraordinary general meeting to discuss a Rights Issue, which involves the allotment and issuance of up to 96,000,000 shares at a subscription price of HK$1.58 per share. This move aims to raise capital by offering existing shareholders the opportunity to purchase additional shares, with certain exclusions for shareholders outside Hong Kong due to legal and regulatory constraints. The company has also entered into agreements with SBI China Capital Financial Services Limited and Sulfulon International Limited to manage the placement and underwriting of these shares, which could impact the company’s financial strategy and shareholder value.
The most recent analyst rating on (HK:1909) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.
Fire Rock Holdings Ltd has announced supplemental information regarding their Share Option Scheme as part of their 2024 Annual Report. The company has clarified that no share options have been granted under the scheme, and as of the report date, 192,000,000 shares, representing 5% of the issued share capital, remain available for issue. This announcement does not alter any other information in the annual report, ensuring stakeholders that the company’s financial disclosures remain consistent.
The most recent analyst rating on (HK:1909) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.
Fire Rock Holdings Ltd has announced a proposed rights issue, offering one rights share for every two shares held at a subscription price of HK$1.58 per share. The company aims to raise up to HK$151.68 million before expenses, with net proceeds estimated at HK$150.88 million. The rights issue will proceed on a non-fully underwritten basis, and Mr. Zhang, a significant shareholder, has committed to not selling his shares and to fully subscribing to his rights entitlement.
The most recent analyst rating on (HK:1909) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.