FriendTimes Inc. (HK:6820)
:6820
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FriendTimes Inc.
(6820)
Select Model
Select Model
Rating:57Neutral
Price Target:
HK$0.67
▲(46.30% Upside)
Action:ReiteratedDate:01/23/26
The score is driven primarily by mixed financial performance—strong gross margins, improving cash flow, and a low-debt balance sheet offset by ongoing profitability pressure. Technicals add support via an uptrend and positive MACD, but overbought RSI/Stoch readings temper the outlook. Valuation appears moderate with a P/E of 17.63, with no dividend yield data to improve the valuation profile.
Positive Factors
Revenue Growth
FriendTimes Inc. demonstrates robust revenue growth, indicating effective market penetration and product adoption, which supports long-term business sustainability.
Negative Factors
Profitability Concerns
Negative net profit margins highlight challenges in converting revenue into profit, which could hinder long-term financial health if not addressed.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
FriendTimes Inc. demonstrates robust revenue growth, indicating effective market penetration and product adoption, which supports long-term business sustainability.
Read all positive factors
FriendTimes Inc. (6820) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.07B
Dividend YieldN/A
Average Volume (3M)2.26M
Price to Earnings (P/E)9.5
Beta (1Y)0.67
Revenue Growth30.71%
EPS GrowthN/A
CountryHK
Employees887
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)0.03
Shares Outstanding2,180,850,000
10 Day Avg. Volume1,322,200
30 Day Avg. Volume2,258,866
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)0.97
Price to Sales (P/S)0.95
P/FCF Ratio-20.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.08
Revenue Forecast (FY)HK$1.55B
FriendTimes Inc. Business Overview & Revenue Model
Company Description
FriendTimes Inc., through its subsidiaries, develops, publishes, and operates mobile games in the People's Republic of China and internationally. The company offers mobile games and female-oriented mobile games, including Fate of the Empress, Fate...
How the Company Makes Money
FriendTimes generates revenue primarily through in-game purchases, where players can buy virtual goods, enhancements, and subscriptions to enhance their gaming experience. Additionally, the company earns money through advertising partnerships, int...
FriendTimes Inc. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
60
Neutral
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.26B | 1.16B | 1.06B | 1.52B | 1.62B | 2.18B |
| Gross Profit | 912.35M | 813.52M | 702.40M | 1.04B | 1.09B | 1.47B |
| EBITDA | 108.00M | -5.01M | -43.17M | 22.36M | 256.61M | 543.00M |
| Net Income | 64.19M | -48.86M | -138.12M | 25.11M | 275.48M | 503.52M |
Balance Sheet | ||||||
| Total Assets | 1.42B | 1.40B | 1.47B | 1.61B | 1.81B | 1.79B |
| Cash, Cash Equivalents and Short-Term Investments | 785.97M | 786.36M | 949.27M | 946.14M | 1.05B | 1.23B |
| Total Debt | 111.10M | 149.42M | 147.88M | 1.37M | 1.12M | 1.17M |
| Total Liabilities | 224.95M | 252.40M | 262.05M | 116.23M | 160.32M | 225.76M |
| Stockholders Equity | 1.19B | 1.15B | 1.20B | 1.50B | 1.65B | 1.57B |
Cash Flow | ||||||
| Free Cash Flow | 96.13M | -53.13M | -49.92M | 117.20M | 199.48M | 484.32M |
| Operating Cash Flow | 96.30M | -52.83M | -46.29M | 155.21M | 262.66M | 575.01M |
| Investing Cash Flow | -346.27M | 5.86M | 60.11M | -278.04M | -385.54M | -128.00M |
| Financing Cash Flow | -64.59M | -15.31M | -21.70M | -225.36M | -217.04M | -221.65M |
FriendTimes Inc. Technical Analysis
Neutral
0.46
Price Trends
0.53
Negative
0.51
Negative
0.62
Negative
Market Momentum
>-0.01
Negative
48.56
Neutral
75.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6820, the sentiment is Neutral. The current price of 0.46 is below the 20-day moving average (MA) of 0.49, below the 50-day MA of 0.53, and below the 200-day MA of 0.62, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.56 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:6820.
FriendTimes Inc. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$2.63B | 6.70 | 11.78% | 13.83% | -27.66% | -51.96% | |
66 Neutral | HK$303.10M | 33.47 | 3.14% | ― | -25.66% | -23.36% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
57 Neutral | HK$1.07B | 9.45 | 7.59% | ― | 30.71% | ― | |
56 Neutral | HK$1.93B | 16.23 | 4.13% | ― | -41.86% | ― | |
42 Neutral | HK$1.17B | -31.76 | -7.91% | ― | 41.00% | 23.75% | |
39 Underperform | HK$670.97M | -0.52 | -70.09% | ― | -36.80% | -666.80% |
* Communication Services Sector Average
HK:6820
FriendTimes Inc.
0.49
-0.01
-2.00%
HK:9990
Archosaur Games Inc.
1.46
0.26
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HK:2660
Zengame Technology Holding Ltd.
2.54
0.68
36.56%
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CMGE Technology Group Limited
0.22
-0.12
-34.12%
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Qingci Games, Inc.
2.79
-0.08
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FingerTango, Inc.
0.16
0.04
35.83%
FriendTimes Inc. Corporate Events
FriendTimes Boosts Share Purchases Under Award Scheme to Align Staff and Shareholder Interests
Dec 19, 2025
FriendTimes Inc. has announced that, under its previously adopted share award scheme, a trustee has purchased company shares in the market equivalent to about 0.4% of its total share capital in the fourth quarter of 2025, and around 4.1% cumulativ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.