Homeland Interactive Technology Ltd. (3798) AI Stock Analysis

• Market Cap: HK$1.55B
• Dividend Yield: 8.2%
• Average Volume (3M): 52.76K
• Price to Earnings (P/E): 18.0
• Beta (1Y): 0.09
• Revenue Growth: -23.76%
• EPS Growth: -116.47%
• Country: HK
• Employees: 604
• Sector: Communication Services
• Sector Strength: 70
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -0.09
• Shares Outstanding: 1,283,403,400
• 10 Day Avg. Volume: 50,800
• 30 Day Avg. Volume: 52,758
• PEG Ratio: 0.09
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 621.58
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: HK$1.00 ▼(-15.97%Downside)

The overall stock score reflects significant financial challenges primarily due to declining revenue, profitability, and cash flow issues. While technical analysis and valuation present moderate risks, the lack of earnings call and corporate events data limits additional insights.

Homeland Interactive Technology Ltd. Business Overview & Revenue Model

Company Description

Homeland Interactive Technology Ltd. engages in the development, publication, and operation of localized mobile card and board games in the People's Republic of China. It offers mahjong, poker, and casual games. The company also distributes third-party mobile games. Homeland Interactive Technology Ltd. was founded in 2009 and is headquartered in Xiamen, the People's Republic of China.

How the Company Makes Money

Homeland Interactive Technology Ltd. generates revenue primarily through in-game purchases and microtransactions within its mobile games. The company offers virtual goods and premium features that enhance the gaming experience, encouraging players to spend money to access additional content or advantages. Additionally, the company may earn revenue from advertising within its games. By hosting advertisements and partnering with third-party advertisers, it can monetize its user base further. Homeland Interactive's earnings are also influenced by its ability to maintain and grow its user base, innovate its game offerings, and expand its reach within the competitive gaming market.

Homeland Interactive Technology Ltd. Financial Statement Overview

Summary

The company faces significant financial challenges, with declining revenue and profitability, and negative cash flow generation. Despite a strong balance sheet, operational inefficiencies must be addressed to restore growth.

Income Statement

The company showed a significant decline in revenue from 2023 to 2024, with a revenue growth rate of -22.14%. The gross profit margin decreased from 65.03% in 2023 to 45.43% in 2024, indicating a decline in profitability. Net profit margin also turned negative in 2024 at -5.35%, compared to 24.55% in 2023. Negative EBIT and EBITDA margins in 2024 further highlight operational challenges.

Balance Sheet

The company maintains a strong balance sheet with a debt-to-equity ratio of 0.011, indicating low leverage. The equity ratio stands at a solid 86.85% in 2024, reflecting a robust equity base. However, the return on equity dropped significantly from 20.98% in 2023 to -3.94% in 2024 due to the negative net income.

Cash Flow

Cash flow metrics are weak, with zero operating and free cash flows reported in 2024. This represents a substantial decline from the positive free cash flow of 373.20 million in 2023. The lack of cash flow generation poses risks to liquidity and operational sustainability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.39B	1.78B	1.56B	1.14B	772.03M
Gross Profit	629.59M	1.16B	1.02B	837.05M	592.09M
EBITDA	-158.36M	437.71M	260.81M	449.92M	421.73M
Net Income	-74.17M	436.94M	349.24M	500.28M	390.80M
Balance Sheet
Total Assets	2.17B	2.29B	2.11B	1.73B	1.10B
Cash, Cash Equivalents and Short-Term Investments	1.21B	1.44B	1.22B	1.13B	732.72M
Total Debt	21.25M	20.75M	17.80M	30.71M	10.57M
Total Liabilities	250.96M	202.77M	311.29M	288.63M	155.32M
Stockholders Equity	1.88B	2.08B	1.79B	1.44B	950.13M
Cash Flow
Free Cash Flow	43.69M	373.20M	228.83M	387.34M	393.69M
Operating Cash Flow	71.07M	402.11M	240.25M	401.18M	398.01M
Investing Cash Flow	-493.05M	-11.65M	-58.97M	15.62M	-78.15M
Financing Cash Flow	-164.47M	-215.76M	-149.21M	-23.26M	-88.14M

Homeland Interactive Technology Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3798, the sentiment is Neutral. The current price of 1.19 is below the 20-day moving average (MA) of 1.19, above the 50-day MA of 1.18, and below the 200-day MA of 1.25, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 55.60 is Neutral, neither overbought nor oversold. The STOCH value of 61.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:3798.

Homeland Interactive Technology Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2660	73 Outperform	HK$2.58B	5.40	17.68%	6.00%	-21.05%	-42.14%
Sector *	61 Neutral	$41.98B	-1.74	-13.17%	4.01%	2.11%	-70.48%
6633	60 Neutral	HK$2.14B	42.20	2.87%	―	-31.60%	―
9990	57 Neutral	HK$1.50B	―	-12.95%	―	23.51%	11.90%
0302	54 Neutral	HK$1.68B	―	-43.81%	―	-27.68%	-11792.65%
3798	48 Neutral	HK$1.55B	18.03	-3.75%	8.20%	-23.76%	-116.47%
6820	46 Neutral	HK$1.66B	―	-4.15%	―	7.55%	64.78%

Homeland Interactive Technology Ltd. Corporate Events

Homeland Interactive Technology Ltd. AGM Resolutions Passed

Homeland Interactive Technology Ltd. held its Annual General Meeting on June 17, 2025, where all proposed resolutions were passed. Key decisions included the re-election of directors, reappointment of auditors, and granting of mandates to the board for share repurchase and issuance, reflecting strong shareholder support and strategic alignment for future growth.

Homeland Interactive Technology Ltd. Announces 2025 AGM and Key Resolutions

Homeland Interactive Technology Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for June 17, 2025, in Hong Kong. Key resolutions to be discussed include the re-election of directors, the re-appointment of auditors, and the authorization for the company to repurchase shares, which could impact shareholder value and company operations.