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Zengame Technology Holding Ltd. (HK:2660)
:2660
Hong Kong Market

Zengame Technology Holding Ltd. (2660) AI Stock Analysis

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HK

Zengame Technology Holding Ltd.

(2660)

Rating:67Neutral
Price Target:
Zengame Technology Holding Ltd. demonstrates strong financial stability and profitability, with a robust balance sheet and attractive valuation metrics. However, its recent revenue decline and weak technical indicators highlight potential risks. While the stock appears undervalued, these risks and lack of upward momentum temper the overall score.

Zengame Technology Holding Ltd. (2660) vs. iShares MSCI Hong Kong ETF (EWH)

Zengame Technology Holding Ltd. Business Overview & Revenue Model

Company DescriptionZengame Technology Holding Ltd. (2660) is a Chinese company primarily engaged in the development and operation of mobile games. The company focuses on casual games and card games, targeting a broad audience across various demographics. Zengame leverages its expertise in game design and technology to create engaging and entertaining digital experiences for mobile users.
How the Company Makes MoneyZengame Technology Holding Ltd. generates revenue primarily through in-game purchases and advertising. The company designs its games to include various monetization strategies such as virtual goods, upgrades, and premium features that users can purchase within the app. Additionally, Zengame collaborates with advertising networks to integrate ads into their games, earning revenue based on user interactions and ad views. Partnerships with other technology and gaming companies also contribute to its financial performance, enabling the expansion of its game distribution and audience reach.

Zengame Technology Holding Ltd. Financial Statement Overview

Summary
Zengame Technology Holding Ltd. shows strong profitability and financial stability with impressive margins and low leverage. However, recent revenue contraction and missing cash flow data may pose uncertainties regarding future growth and liquidity management.
Income Statement
78
Positive
The company's gross profit margin and net profit margin have consistently improved, demonstrating strong profitability. However, recent revenue has declined compared to the previous year, indicating a potential concern for growth.
Balance Sheet
85
Very Positive
The company maintains a robust equity position with a high equity ratio, and its debt-to-equity ratio is very low, indicating excellent financial stability. This low leverage minimizes financial risk.
Cash Flow
60
Neutral
The company has maintained positive free cash flow over the years, but the absence of recent operating cash flow data makes it challenging to assess current cash flow health. Historical data suggests a strong capacity to generate cash relative to net income.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
1.66B2.06B1.77B1.47B742.51M
Gross Profit
918.63M1.23B1.14B905.38M364.56M
EBIT
543.19M837.31M744.73M587.60M225.60M
EBITDA
545.38M897.26M773.65M607.22M243.17M
Net Income Common Stockholders
430.68M725.88M680.78M500.34M220.97M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.19B1.94B1.29B1.15B719.52M
Total Assets
2.88B2.64B2.05B1.49B856.13M
Total Debt
24.49M5.10M21.53M18.47M4.73M
Net Debt
-807.07M-1.33B-955.70M-626.24M-280.19M
Total Liabilities
316.85M320.52M284.90M262.62M59.53M
Stockholders Equity
2.56B2.32B1.77B1.23B796.61M
Cash FlowFree Cash Flow
0.00709.00M726.05M500.28M252.75M
Operating Cash Flow
0.00720.85M732.35M507.06M257.83M
Investing Cash Flow
0.00-164.37M-246.83M-77.01M-97.14M
Financing Cash Flow
0.00-210.13M-143.85M-68.63M-31.37M

Zengame Technology Holding Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.28
Price Trends
50DMA
2.25
Positive
100DMA
2.29
Negative
200DMA
2.54
Negative
Market Momentum
MACD
<0.01
Negative
RSI
54.82
Neutral
STOCH
70.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2660, the sentiment is Positive. The current price of 2.28 is above the 20-day moving average (MA) of 2.24, above the 50-day MA of 2.25, and below the 200-day MA of 2.54, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.82 is Neutral, neither overbought nor oversold. The STOCH value of 70.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2660.

Zengame Technology Holding Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
HK$2.35B4.9317.68%10.09%-21.05%-41.78%
63
Neutral
HK$19.50B21.7438.63%44.92%
62
Neutral
$848.16M40.630.88%3.90%-85.34%
61
Neutral
$14.59B5.85-4.31%3.69%2.76%-30.36%
43
Neutral
HK$103.97M-12.08%-8.88%44.44%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2660
Zengame Technology Holding Ltd.
2.28
-0.70
-23.49%
HK:2400
XD, Inc.
40.35
22.17
121.95%
HK:2022
Digital Hollywood Interactive Limited
0.06
-0.04
-40.00%
HK:1980
Tian Ge Interactive Holdings
0.78
0.30
63.18%

Zengame Technology Holding Ltd. Corporate Events

Zengame Technology Adopts Electronic Communication for Shareholders
Apr 28, 2025

Zengame Technology Holding Limited has announced a shift to electronic dissemination of corporate communications to its shareholders, effective December 31, 2023. This move is aimed at enhancing efficiency and accessibility, as shareholders are encouraged to provide functional email addresses for receiving communications electronically. The company will continue to provide printed versions upon request, ensuring compliance with the listing rules and maintaining flexibility for stakeholders.

Zengame Technology Announces AGM and Key Resolutions for 2025
Apr 28, 2025

Zengame Technology Holding Ltd. has announced its upcoming Annual General Meeting scheduled for June 5, 2025, in Shenzhen, China. Key agenda items include the approval of the 2024 financial statements, a final dividend declaration, director re-elections, auditor re-appointment, and resolutions regarding share repurchase and issuance mandates. These decisions are poised to impact the company’s financial strategy and shareholder value.

Zengame Technology Announces Final Dividend for 2024
Mar 20, 2025

Zengame Technology Holding Limited has announced a final ordinary cash dividend of HKD 0.15 per share for the financial year ending December 31, 2024. The dividend will be paid on July 9, 2025, following shareholder approval on June 5, 2025. The ex-dividend date is set for June 10, 2025, with a book closure period from June 12 to June 16, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment and market positioning.

Zengame Technology Reports 2024 Financial Decline Amid Market Adaptation Efforts
Mar 20, 2025

Zengame Technology Holding Ltd. reported a decline in financial performance for the year ended December 31, 2024, with revenue and profit both experiencing significant decreases compared to the previous year. Despite these challenges, the company is adapting to the evolving gaming market by focusing on innovation, regulatory compliance, and cultural integration in its games. The company’s flagship games continue to perform well, and new updates and features have been introduced to enhance player engagement. The company is also exploring new business areas and has received positive feedback from users, particularly for its casual game ‘Fishing Master.’

Zengame Technology Announces Upcoming Board Meeting
Mar 10, 2025

Zengame Technology Holding Ltd. has announced a board meeting scheduled for March 20, 2025. The meeting will address several key issues, including the approval of the audited consolidated financial statements for the year ending December 31, 2024, the consideration of a final dividend, and potentially closing the register of members.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.