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Tian Ge Interactive Holdings
(1980)
Tian Ge Interactive Holdings (1980) vs. iShares MSCI Hong Kong ETF (EWH)
Tian Ge Interactive Holdings Business Overview & Revenue Model
Tian Ge Interactive Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 37.25M | 10.16M | 67.62M | 142.07M | 210.53M | 329.64M |
| Gross Profit | 14.89M | 8.10M | 58.85M | 111.62M | 160.69M | 302.71M |
| EBITDA | -56.18M | -446.00K | -97.42M | -448.75M | -58.97M | 90.36M |
| Net Income | -46.52M | 20.00M | -134.67M | -533.44M | 128.83M | 80.62M |
Balance Sheet | ||||||
| Total Assets | 2.58B | 2.62B | 2.56B | 2.91B | 3.53B | 3.55B |
| Cash, Cash Equivalents and Short-Term Investments | 878.05M | 1.03B | 948.72M | 1.08B | 1.67B | 1.93B |
| Total Debt | 239.46M | 200.51M | 137.71M | 322.19M | 291.98M | 154.34M |
| Total Liabilities | 397.30M | 385.25M | 307.10M | 532.96M | 463.19M | 633.13M |
| Stockholders Equity | 2.18B | 2.23B | 2.25B | 2.37B | 3.06B | 2.80B |
Cash Flow | ||||||
| Free Cash Flow | -18.77M | -65.83M | -57.47M | -95.77M | -139.72M | 13.54M |
| Operating Cash Flow | -19.36M | -64.43M | -42.94M | -42.77M | -93.61M | 20.52M |
| Investing Cash Flow | 208.72M | 177.41M | 109.80M | 271.55M | -331.48M | -176.46M |
| Financing Cash Flow | -258.00K | -24.00M | -209.47M | -356.18M | 57.95M | 147.44M |
Tian Ge Interactive Holdings Technical Analysis
Tian Ge Interactive Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$349.90B | 18.28 | 25.67% | ― | 11.37% | 16.74% | |
73 Outperform | HK$184.53B | 17.21 | 14.50% | 1.01% | 13.62% | 80.52% | |
66 Neutral | HK$1.59B | 5.06 | 6.95% | 4.08% | -17.47% | -7.94% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
60 Neutral | HK$20.54B | 6.24 | 12.49% | 8.13% | -1.40% | 22.37% | |
53 Neutral | HK$2.42B | 22.37 | 2.39% | ― | -23.80% | ― | |
52 Neutral | HK$834.83M | -17.58 | -2.08% | 4.48% | 15.66% | 47.36% |
Tian Ge Interactive Holdings Corporate Events
Tian Ge Interactive Holdings has clarified the classification of 500,000 shares held by Xinshow Limited, a nominee to the trustee of its 2024 Share Scheme, stating that these shares should be treated as being held by public shareholders under Hong Kong Listing Rules. Following the close of a takeover offer by Truesense Trading Limited, the company’s shareholding structure now shows major stakes held by chairman Mr. Fu, Sina, and various executive directors, with public shareholders holding approximately 20.85% of the issued share capital and additional scheme-related shares reserved for future and vested awards. The clarification on public float and share-scheme holdings is significant for confirming the company’s compliance with minimum public float requirements and provides greater transparency to investors regarding ownership concentration and the treatment of incentive scheme shares in the free float calculation.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.72 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Tian Ge Interactive Holdings has disclosed its current capital structure in response to a pre-conditional voluntary cash partial offer by Sina Hong Kong Limited to acquire 32.5 million shares not already owned by the offeror and its concert parties. The company reported that it has 1,109,390,162 shares in issue, including shares reserved for unvested and future share awards under its 2024 Share Scheme, and confirmed it has no other outstanding convertible or exchangeable securities. The announcement also reminds associates of both Tian Ge and the offeror, as well as market intermediaries such as stockbrokers and banks, of their obligations under the Hong Kong Takeovers Code to disclose dealings in relevant securities during the offer period, and cautions shareholders and potential investors that the partial offer remains subject to pre-conditions and may or may not proceed.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Tian Ge Interactive Holdings Limited has disclosed that it received a firm intention letter on 8 January 2026 from Yu Ming Investment Management Limited, acting on behalf of Sina Hong Kong Limited, regarding a proposed voluntary cash partial offer to acquire 32,500,000 of its shares not already held by Sina HK and its concert parties. Sina HK has since published a formal announcement of this potential partial offer, which remains subject to certain conditions and may or may not proceed, prompting the company to caution shareholders and potential investors when dealing in its securities. Trading in Tian Ge’s shares was halted on 16 January 2026 pending disclosure of this takeover-related development and the company has applied for trading to resume on 22 January 2026, restoring liquidity to the stock while the market digests the implications of the possible partial acquisition for the company’s ownership structure and investor base.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Sina Hong Kong Limited has announced a pre-conditional voluntary partial cash offer to acquire 32,500,000 shares of Tian Ge Interactive Holdings Limited at HK$0.70 per share, representing about 2.93% of Tian Ge’s issued share capital not already owned by Sina Hong Kong and its concert parties. The offer, to be made through Yu Ming Investment Management Limited as financial adviser, would increase Sina Hong Kong’s stake from its current 27.04% holding, but its launch is contingent on regulatory consent under the Hong Kong Takeovers Code and a ruling that Sina Hong Kong and the Fu Concert Parties are not acting in concert, which could affect the deal’s structure and the future control dynamics and governance of Tian Ge for existing shareholders.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Tian Ge Interactive Holdings Limited has requested a trading halt in its shares on the Hong Kong Stock Exchange, effective from 9:01 a.m. on 16 January 2026. The suspension comes ahead of an upcoming announcement under the Hong Kong Code on Takeovers and Mergers, which the company has indicated constitutes inside information, signaling a potential corporate transaction that could significantly affect its ownership structure and be material for shareholders and other stakeholders.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Truesense Trading Limited and Tian Ge Interactive Holdings Limited announced the close of Truesense’s mandatory unconditional cash offer to acquire all issued shares of Tian Ge not already owned by Truesense and its concert parties, with the offer having closed on 8 January 2026 without revision or extension. During the offer period, Truesense made additional on-market purchases totaling 39,050,000 Tian Ge shares at HK$0.68 per share for an aggregate consideration of HK$26.554 million, further consolidating its stake, while a separate application by Sina to rebut the regulatory presumption that it is acting in concert with the offeror group remains under review by the Executive, leaving aspects of the shareholder alignment and potential regulatory characterization of key investors still to be clarified.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Tian Ge Interactive Holdings Limited has jointly announced with Truesense Trading Limited that Sina, a substantial shareholder holding about 27.04% of Tian Ge’s issued share capital, has applied to Hong Kong’s Takeovers Executive to rebut the regulatory presumption that it is acting in concert with the offeror group controlling more than 20% of the company’s voting rights. The companies stressed that the terms and outcome of the recently closed mandatory unconditional cash offer for Tian Ge’s shares remain unaffected, with the offer having closed on 8 January 2026 without revision or extension, and indicated that any determination on Sina’s application is still pending, leaving potential implications for future governance and shareholder dynamics subject to regulatory review.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Truesense Trading Limited has formally dispatched a composite offer document for its mandatory unconditional cash offer to acquire all issued shares of Tian Ge Interactive Holdings Limited not already owned or to be acquired by Truesense, certain key individuals and related entities. The document, sent to independent shareholders on 18 December 2025 and also available on the company and exchange websites, sets out the terms and conditions of the offer, the expected timetable, and recommendations and advice from the Tian Ge board, an independent board committee, and an independent financial adviser. The offer opened on 18 December 2025 and is scheduled to close at 4:00 p.m. on 8 January 2026, with results to be announced the same evening, marking a key step in a potential change of control that could reshape Tian Ge’s shareholder base and governance structure.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Tian Ge Interactive Holdings Limited, in collaboration with Truesense Trading Limited, announced a delay in the dispatch of a Composite Document related to a mandatory unconditional cash offer by Astrum Capital Management Limited. The delay is due to the need for additional time to prepare and finalize necessary information, including advice letters and regulatory disclosures. The deadline for dispatch has been extended to on or before December 19, 2025, with further announcements to be made regarding the document’s release or any changes to the timeline.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Tian Ge Interactive Holdings Limited has appointed Mr. Zhao Weiwen as an executive director effective November 28, 2025. Mr. Zhao, who has been with the company since 2010 and has extensive experience in the internet industry, will continue to oversee multiple internal departments, contributing to the company’s strategic management and development.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Tian Ge Interactive Holdings Limited has announced the composition of its board of directors effective from November 28, 2025. The board includes executive directors Mr. Fu Zhengjun, Mr. Mai Shi’en, and Mr. Zhao Weiwen, non-executive director Ms. Cao Fei, and independent non-executive directors Mr. Tse Ming Lun Alan, Mr. Wang Mingchun, and Mr. Lam Yick Man. The announcement details the roles and functions of each director within the company’s board committees, highlighting the leadership and membership positions across the audit, remuneration, and nomination committees.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
Tian Ge Interactive Holdings Limited has announced a mandatory unconditional cash offer by Astrum Capital Management Limited on behalf of Truesense Trading Limited to acquire all issued shares not already owned by Truesense, Ms. Hong Yan, Mr. Fu Zhengjun, and Blueberry Worldwide Holdings Limited. This acquisition follows Truesense’s recent purchase of 20 million shares, increasing its stake to approximately 31.63% of the company’s total issued share capital. The offer is priced at HK$0.68 per share and is in compliance with the Takeovers Code, potentially impacting the company’s shareholder structure and market positioning.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.