BAIOO Family Interactive (2100) AI Stock Analysis

• Market Cap: HK$1.44B
• Dividend Yield: 2.55%
• Average Volume (3M): 1.05M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.60
• Revenue Growth: -4.98%
• EPS Growth: 71.70%
• Country: HK
• Employees: 644
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): <0.01
• Shares Outstanding: 2,867,174,000
• 10 Day Avg. Volume: 772,200
• 30 Day Avg. Volume: 1,052,427
• PEG Ratio: 1.94
• Price to Book (P/B): 0.41
• Price to Sales (P/S): 1.19
• P/FCF Ratio: -6.13
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: HK$0.50 ▲(6.38% Upside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenue and negative net income. Technical analysis indicates a bearish trend, while valuation concerns arise from a negative P/E ratio. Despite these challenges, the company maintains a strong balance sheet.

Positive Factors

Strong Balance Sheet

A strong balance sheet with high equity and low leverage provides financial stability and flexibility, supporting long-term growth potential.

Innovative Business Model

The company's focus on family-oriented games with educational elements positions it well in a niche market, fostering long-term customer loyalty and engagement.

Revenue Diversification

Diversified revenue streams through in-app purchases, ads, and partnerships reduce reliance on a single income source, enhancing financial resilience.

Negative Factors

Declining Revenue

A consistent decline in revenue indicates potential issues in market demand or competitive positioning, challenging long-term profitability.

Negative Net Income

Negative net income reflects operational inefficiencies and profitability challenges, which can hinder reinvestment and growth opportunities.

Operational Cash Flow Issues

Struggles in generating positive operational cash flow suggest difficulties in sustaining operations without external financing, impacting long-term viability.

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 mobile game monetization strategies. Key revenue streams include in-app purchases, where players buy virtual goods or enhancements within games, and advertising revenue, where the company partners with advertisers to display ads within its games. Additionally, the company may earn revenue through subscription models or partnerships with educational institutions looking to utilize their games as learning tools. Strategic collaborations with other game developers or tech companies also contribute to its earnings, enhancing its market reach and expanding its audience.

BAIOO Family Interactive Financial Statement Overview

Summary

BAIOO Family Interactive faces profitability challenges with declining revenue and negative net income, impacting its income statement. However, the balance sheet remains strong with high equity and low leverage, and cash flows show operational difficulties.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	575.72M	545.29M	782.76M	938.76M	883.91M	1.13B
Gross Profit	275.74M	252.06M	318.05M	360.63M	400.56M	429.35M
EBITDA	-2.46M	-35.17M	1.83M	29.42M	82.80M	215.64M
Net Income	-7.47M	-28.03M	-31.48M	10.17M	26.43M	274.19M
Balance Sheet
Total Assets	1.87B	1.88B	1.92B	2.06B	1.99B	2.08B
Cash, Cash Equivalents and Short-Term Investments	795.28M	944.67M	1.23B	1.41B	1.48B	1.61B
Total Debt	0.00	17.93M	34.26M	55.98M	70.76M	88.13M
Total Liabilities	293.77M	275.97M	269.06M	358.18M	311.70M	346.56M
Stockholders Equity	1.57B	1.59B	1.64B	1.69B	1.68B	1.73B
Cash Flow
Free Cash Flow	-79.94M	-106.24M	-79.50M	12.84M	91.60M	82.52M
Operating Cash Flow	-8.40M	-19.64M	9.03M	30.17M	118.56M	333.08M
Investing Cash Flow	-216.23M	-404.40M	-291.55M	-100.59M	81.63M	-94.20M
Financing Cash Flow	-45.77M	-48.26M	-57.17M	-64.71M	-148.96M	-123.61M

BAIOO Family Interactive Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.47
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2100, the sentiment is Negative. The current price of 0.47 is below the 20-day moving average (MA) of 0.49, below the 50-day MA of 0.51, and below the 200-day MA of 0.53, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 39.65 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
3798	56 Neutral	HK$1.90B	-26.91	-3.33%	6.76%	-23.42%	-191.82%
6820	51 Neutral	HK$1.16B	16.11	5.50%	―	30.71%	―
2100	50 Neutral	HK$1.44B	-173.33	-0.47%	2.55%	-4.98%	71.70%
9990	45 Neutral	HK$1.37B	-7.52	-7.69%	―	41.00%	23.75%
1119	39 Underperform	HK$1.28B	―	-27.26%	―	-17.65%	48.05%
0302	39 Underperform	HK$1.15B	-0.41	-57.29%	―	-36.80%	-666.80%

BAIOO Family Interactive Corporate Events

BAIOO Family Interactive Reports Strong Growth in Q3 2025, Eyes Global Expansion

BAIOO Family Interactive Limited reported significant growth in its key operating metrics for the third quarter of 2025, with a notable increase in quarterly active accounts and paying accounts driven by the launch of new games. Despite a decrease in average revenue per quarterly paying account due to the influx of new users, the company maintained strong operational results for its long-term core products. BAIOO plans to continue its focus on the niche gaming market, investing in new technologies and expanding its product offerings. The company is also accelerating its international expansion, aiming to enhance its global presence and competitiveness through differentiated products and a focus on untapped markets.