BAIOO Family Interactive (2100) AI Stock Analysis

• Market Cap: HK$1.77B
• Dividend Yield: 1.97%
• Average Volume (3M): 7.44M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.61
• Revenue Growth: -31.92%
• EPS Growth: 14.50%
• Country: HK
• Employees: 644
• Sector: Communication Services
• Sector Strength: 92
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): >-0.01
• Shares Outstanding: 2,867,174,000
• 10 Day Avg. Volume: 1,375,800
• 30 Day Avg. Volume: 7,435,726
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$0.50
• Price Target Upside: -18.03% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: HK$0.50 ▼(-18.03% Downside)

BAIOO Family Interactive's stock score is primarily impacted by its financial performance, showing significant challenges in revenue and profitability. Technical analysis indicates moderate positive momentum, but valuation concerns due to the negative P/E ratio are a major downside. The dividend yield provides some support, but not enough to significantly uplift the overall score.

BAIOO Family Interactive Business Overview & Revenue Model

Company Description

BAIOO Family Interactive Limited, an investment holding company, primarily develops and operates an online entertainment destination for young teens in the People's Republic of China. It operates through Online Entertainment Business and Other Businesses segments. The company primarily offers games in various genres, including female-oriented games, and pet collection and raising games, as well as comic adapted nijigen games. Its principal products comprise online virtual worlds, such as Aobi Island, Aola Star, Light of Aoya, and Legend of Aoqi, as well as mobile games comprising Zaowufaze, Shiwuyu, Aobi Island, and Aola Star Mobile. The company also operates various online comic series. In addition, it provides online interactive entertainment and education services; software and information technology services; and culture and art services, as well as engages in the research and development of computer software. The company was incorporated in 2009 and is headquartered in Guangzhou, the People's Republic of China.

How the Company Makes Money

BAIOO Family Interactive generates revenue primarily through the sale of virtual items and premium memberships within its online games and virtual worlds. The company employs a free-to-play model, where users can access basic content for free but are encouraged to purchase in-game items, virtual currency, or subscriptions for enhanced features and experiences. Additionally, BAIOO may engage in strategic partnerships and collaborations with other companies to co-develop content or expand its reach. Advertising within its platforms can also contribute to its revenue streams, as it leverages its large user base to attract advertisers targeting the youth demographic.

BAIOO Family Interactive Financial Statement Overview

Summary

BAIOO Family Interactive faces profitability and revenue growth challenges, as indicated by the declining revenue trend and negative net income. Despite these issues, the company maintains a robust balance sheet with strong equity and low leverage, mitigating some financial risks. Cash flows show operational struggles, with fluctuating free cash flow and negative net income impacting the cash flow analysis.

Income Statement

Revenue has shown a declining trend over the years, with a significant drop from 2020 to 2024. The company is experiencing negative EBIT and net income in recent years, indicating operational challenges. Gross profit margin remains decent, but the overall profitability is concerning due to negative net profit margins.

Balance Sheet

The company maintains a strong equity position with a high equity ratio indicating stability. However, the presence of negative net debt suggests excess cash over debt, which is a positive sign. The company has managed to keep its debt-to-equity ratio at a low level, indicating prudent financial leverage.

Cash Flow

The cash flow position is mixed; while the free cash flow has fluctuated, the operating cash flow to net income ratio is affected by negative net income in recent periods, suggesting operational struggles. Capital expenditures have been a significant cash outflow historically.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	545.29M	782.76M	938.76M	883.91M	1.13B
Gross Profit	252.06M	318.05M	360.63M	400.56M	429.35M
EBITDA	-35.17M	1.83M	29.42M	82.80M	243.42M
Net Income	-28.03M	-31.48M	10.17M	26.43M	274.19M
Balance Sheet
Total Assets	1.88B	1.92B	2.06B	1.99B	2.08B
Cash, Cash Equivalents and Short-Term Investments	944.67M	1.23B	1.41B	1.48B	1.61B
Total Debt	17.93M	34.26M	55.98M	70.76M	88.13M
Total Liabilities	275.97M	269.06M	358.18M	311.70M	346.56M
Stockholders Equity	1.59B	1.64B	1.69B	1.68B	1.73B
Cash Flow
Free Cash Flow	-106.24M	-79.50M	12.84M	91.60M	82.52M
Operating Cash Flow	-19.64M	9.03M	30.17M	118.56M	333.08M
Investing Cash Flow	-404.40M	-291.55M	-100.59M	81.63M	-94.20M
Financing Cash Flow	-48.26M	-57.17M	-64.71M	-148.96M	-123.61M

BAIOO Family Interactive Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.61
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2100, the sentiment is Neutral. The current price of 0.61 is below the 20-day moving average (MA) of 0.65, above the 50-day MA of 0.60, and above the 200-day MA of 0.42, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.45 is Neutral, neither overbought nor oversold. The STOCH value of 53.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2100.

BAIOO Family Interactive Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$44.04B	1.91	-11.99%	3.99%	2.50%	-38.33%
9990	57 Neutral	HK$1.46B	―	-12.95%	―	23.51%	11.90%
2100	52 Neutral	HK$1.77B	―	-1.73%	1.97%	-31.92%	14.50%
08IA	―	€235.52M	―	-34.71%	―	―	―
3798	52 Neutral	HK$1.30B	18.03	-3.75%	9.62%	-23.76%	-116.47%
0302	51 Neutral	HK$1.74B	―	-43.81%	―	-27.68%	-11792.65%
6820	42 Neutral	HK$1.55B	―	-4.15%	―	7.55%	64.78%

BAIOO Family Interactive Corporate Events

BAIOO Family Interactive Projects Strong Revenue and Profit Growth for H1 2025

BAIOO Family Interactive Limited has announced a positive profit alert, expecting a significant increase in both revenue and profit for the first half of 2025. The company attributes this growth to the robust performance of its existing games, strategic content updates, and the launch of new themed versions, which have attracted new users and increased the paying user base. Looking forward, BAIOO plans to deepen its presence in niche gaming segments, integrate traditional Chinese culture into its games, and expand its research and development efforts to enhance its global competitiveness.

BAIOO Renews Cloud Service Agreement with Tencent

BAIOO Family Interactive, a company incorporated in the Cayman Islands, has renewed its agreement with Tencent Cloud for the provision of cloud services. This renewal, effective from July 25, 2025, to July 24, 2026, involves Guangzhou Baitian purchasing various cloud services from Tencent Cloud, including computing, storage, and AI services. The agreement, which is subject to certain listing rules due to Tencent’s significant shareholding in BAIOO, allows for discounted service fees and flexible payment terms. This renewal signifies a continued strategic partnership with Tencent, potentially enhancing BAIOO’s operational capabilities and market positioning.

BAIOO Family Interactive Announces Unanimous Approval of AGM Resolutions

BAIOO Family Interactive Limited held its Annual General Meeting on June 27, 2025, where all proposed ordinary resolutions were approved unanimously. These resolutions included adopting the audited financial statements for 2024, declaring a special dividend, re-electing directors, re-appointing auditors, and granting mandates for share repurchase and issuance. The outcomes reflect strong shareholder support and a stable governance structure, potentially enhancing the company’s market position and operational strategies.

BAIOO Family Interactive Renews WeChat Pay Service Agreements with Tencent

BAIOO Family Interactive has announced the renewal of its WeChat Pay service agreements with Tencent Group, effective from June 27, 2025. These agreements, which include partnerships with Guangzhou Tianti and Juyu, are part of the company’s strategy to streamline payment processes for its customers using Tenpay’s platform. The transactions are considered continuing connected transactions under Hong Kong’s Listing Rules, requiring compliance with specific reporting and review requirements but exempting the company from needing independent shareholder approval.