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Tian Ge Interactive Holdings
(1980)
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Rating:49Neutral
Price Target:
HK$0.53
▼(-24.71% Downside)
Action:Reiterated
Date:04/29/26
The score is held down primarily by weak financial quality (volatile earnings and multi-year negative operating/free cash flow) and bearish technicals (below major moving averages with negative MACD). These risks are partially offset by a moderate P/E and a comparatively high dividend yield.
Positive Factors
Conservative balance sheet
Low leverage and a sizable equity base provide durable financial flexibility, cushioning operational volatility and reducing near-term solvency risk. This conservatism enables the company to fund operations or strategic initiatives without immediate refinancing pressure over the medium term.
Negative Factors
Persistent cash burn
Multi‑year negative operating and free cash flow signals structural cash burn and an inability to self‑fund operations or growth. This restricts reinvestment capacity, increases reliance on external financing or reserves, and elevates risk if cash outflows persist without revenue stabilization.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Low leverage and a sizable equity base provide durable financial flexibility, cushioning operational volatility and reducing near-term solvency risk. This conservatism enables the company to fund operations or strategic initiatives without immediate refinancing pressure over the medium term.
Read all positive factors
Tian Ge Interactive Holdings (1980) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$574.62M
Dividend Yield4.48%
Average Volume (3M)2.36M
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth277.10%
EPS Growth-143.33%
CountryHK
Employees103
SectorGeneral
Sector StrengthN/A
IndustryInternet Content & Information
Share Statistics
EPS (TTM)-0.01
Shares Outstanding1,109,390,100
10 Day Avg. Volume1,089,300
30 Day Avg. Volume2,357,200
Financial Highlights & Ratios
PEG Ratio0.46
Price to Book (P/B)0.29
Price to Sales (P/S)16.38
P/FCF Ratio-5.02
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)N/A
Revenue Forecast (FY)N/A
Tian Ge Interactive Holdings Business Overview & Revenue Model
Company Description
Tian Ge Interactive Holdings Limited, established in 2008 with its headquarters in Hangzhou, PRC, operates as an investment holding company. Its primary focus lies in interactive entertainment, managing live social video platforms and developing m...
How the Company Makes Money
Tian Ge Interactive primarily makes money from monetizing its social entertainment platforms through user spending within its products. Key revenue streams typically include: (1) virtual items and digital gifts purchased by users and sent during l...
Tian Ge Interactive Holdings Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
78
Positive
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 38.55M | 10.16M | 67.62M | 142.07M | 210.53M |
| Gross Profit | 21.29M | 8.10M | 58.85M | 111.62M | 160.69M |
| EBITDA | -84.24M | -446.00K | -97.42M | -448.75M | -58.97M |
| Net Income | -9.31M | 20.00M | -134.67M | -533.44M | 128.83M |
Balance Sheet | |||||
| Total Assets | 2.51B | 2.62B | 2.56B | 2.91B | 3.53B |
| Cash, Cash Equivalents and Short-Term Investments | 1.03B | 1.03B | 948.72M | 1.08B | 1.67B |
| Total Debt | 208.58M | 200.51M | 137.71M | 322.19M | 291.98M |
| Total Liabilities | 355.93M | 385.25M | 307.10M | 532.96M | 463.19M |
| Stockholders Equity | 2.15B | 2.23B | 2.25B | 2.37B | 3.06B |
Cash Flow | |||||
| Free Cash Flow | -125.90M | -65.83M | -57.47M | -95.77M | -139.72M |
| Operating Cash Flow | -69.45M | -64.43M | -42.94M | -42.77M | -93.61M |
| Investing Cash Flow | 70.06M | 177.41M | 109.80M | 271.55M | -331.48M |
| Financing Cash Flow | -33.96M | -24.00M | -209.47M | -356.18M | 57.95M |
Tian Ge Interactive Holdings Technical Analysis
Negative
0.70
Price Trends
0.64
Negative
0.69
Negative
0.67
Negative
Market Momentum
-0.03
Positive
25.46
Positive
11.62
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1980, the sentiment is Negative. The current price of 0.7 is above the 20-day moving average (MA) of 0.60, above the 50-day MA of 0.64, and above the 200-day MA of 0.67, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 25.46 is Positive, neither overbought nor oversold. The STOCH value of 11.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1980.
Tian Ge Interactive Holdings Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$90.20B | 9.93 | 10.97% | 1.01% | 17.42% | -3.31% | |
72 Outperform | HK$5.21B | 8.15 | 6.13% | 4.71% | 13.41% | 210.17% | |
68 Neutral | HK$13.55B | 4.52 | 9.89% | 8.13% | 1.60% | 4.87% | |
64 Neutral | HK$178.42B | 8.77 | 22.83% | ― | 12.58% | 17.25% | |
62 Neutral | HK$2.55B | 9.45 | 6.72% | 4.08% | -25.20% | 33.72% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | HK$574.62M | -81.84 | -2.11% | 4.48% | 277.10% | -143.33% |
* General Sector Average
HK:1980
Tian Ge Interactive Holdings
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Tian Ge Interactive Holdings Corporate Events
Tian Ge Uses Excess Shares for 2024 Employee Award Grant Without Dilution
Jun 25, 2026
Tian Ge Interactive Holdings has granted 61.3 million share awards under its 2024 Share Scheme to nine employee grantees, using excess shares previously repurchased on the market, with no consideration payable and no new shares to be issued. The a...
Tian Ge Interactive Moves to Restore Public Float via Employee Share Awards
Jun 4, 2026
Tian Ge Interactive Holdings has disclosed that its current public float stands at about 20.85%, below the Hong Kong listing rules’ minimum requirement, but it is operating under a temporary waiver from the Stock Exchange until 30 June 2026....
Tian Ge Interactive Wins Strong Shareholder Backing at 2026 AGM
May 29, 2026
Shareholders of Tian Ge Interactive Holdings approved all resolutions at the annual general meeting held on 29 May 2026, with each motion receiving approximately 99.98% of votes cast. The meeting endorsed the 2025 audited financial statements and ...
Tian Ge Wins Temporary Waiver as It Moves to Restore Public Float via Share Awards
May 20, 2026
Tian Ge Interactive Holdings has seen its public shareholding fall to about 20.85% of issued capital after a mandatory cash offer, below the Hong Kong bourse’s minimum public float requirement and alternative threshold tied to a HK$1 billion...
Tian Ge Moves to Restore Public Float After Partial Offer Lapses
May 8, 2026
Tian Ge Interactive Holdings has confirmed that its public float currently stands at about 20.85%, below the minimum level required under Hong Kong listing rules, after the close of a general offer and the lapse of a separate partial cash offer th...
Tian Ge Interactive to Replace Deloitte Amid Cost-Control Drive
Apr 30, 2026
Tian Ge Interactive Holdings plans to replace Deloitte Touche Tohmatsu as its independent auditor after Deloitte’s current term ends at the 2026 annual general meeting, following a proposed significant rise in audit fees that the board and a...
Tian Ge Interactive Sets 2026 AGM to Approve Dividend, Board Mandates and New Auditor
Apr 30, 2026
Tian Ge Interactive Holdings has called its annual general meeting for 29 May 2026 in Hangzhou, where shareholders will review the 2025 audited financial statements and vote on a proposed final dividend of HK$0.02 per share from the share premium ...
Tian Ge Books RMB117.5 Million Fair Value Gain on Manycore Investment
Apr 22, 2026
Tian Ge Interactive Holdings reported a substantial fair value gain from its fund investment in Manycore, with the value of its invested shares rising to approximately RMB117.5 million as at 21 December 2025, based on a significant increase in Man...
Tian Ge Books Significant Fair Value Gain on Manycore Tech Pre-IPO Investment
Apr 21, 2026
Tian Ge Interactive Holdings Limited has disclosed a significant fair value gain from its indirect investment in Manycore Tech Inc., which listed on the Hong Kong Main Board on 17 April 2026 and has since seen substantial share price appreciation....
Sina Hong Kong’s Partial Offer for Tian Ge Shares Lapses After Weak Take-Up
Apr 13, 2026
Sina Hong Kong Limited, which already holds about 27.04% of Tian Ge Interactive Holdings, launched a conditional voluntary cash partial offer to acquire an additional 32.5 million shares in the company. As of the extended closing date on 13 April ...
Tian Ge Interactive Warns Public Float Still Below Hong Kong Minimum Amid Ongoing Partial Offer
Apr 9, 2026
Tian Ge Interactive Holdings has disclosed that its current public float stands at about 20.85%, below the minimum level required under Hong Kong Listing Rules, largely due to ongoing share offer activities by major shareholder-affiliated parties....
Sina Hong Kong’s Partial Offer for Tian Ge Falls Short of Minimum Acceptance
Mar 30, 2026
Sina Hong Kong Limited has launched a conditional voluntary cash partial offer to acquire 32,500,000 shares in Tian Ge Interactive Holdings, excluding those it and its concert parties already own. Before the offer period, Sina and its concert part...
Tian Ge Interactive Swings to Loss Despite Surging Revenue in 2025
Mar 30, 2026
Tian Ge Interactive reported a sharp rise in revenue to RMB38.6 million in 2025 from RMB10.2 million a year earlier, driven mainly by growth in its online interactive entertainment services. However, gross margin fell from 79.8% to 55.2%, and the ...
Tian Ge Interactive Declares Final HKD 0.02 Dividend for 2025
Mar 30, 2026
Tian Ge Interactive Holdings Limited has declared a final ordinary cash dividend of HKD 0.02 per share for the financial year ended 31 December 2025, subject to shareholder approval at a meeting scheduled for 29 May 2026. The dividend will be paid...
Tian Ge Adviser Reaffirms Support for Sina’s Partial Offer After Annual Results
Mar 30, 2026
Tian Ge Interactive Holdings has announced that its Independent Financial Adviser maintains its previous view that the conditional voluntary cash partial offer by Sina Hong Kong Limited to acquire 32,500,000 of the company’s shares is fair a...
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.