Top Page
Ourgame International Holdings Ltd
(6899)
Ourgame International Holdings Ltd (6899) vs. iShares MSCI Hong Kong ETF (EWH)
Ourgame International Holdings Ltd Business Overview & Revenue Model
Ourgame International Holdings Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 85.27M | 92.19M | 89.00M | 217.71M | 143.81M | 110.41M |
| Gross Profit | 41.68M | 46.32M | 44.88M | 83.92M | 56.15M | 24.66M |
| EBITDA | -42.36M | -82.50M | -69.93M | -50.30M | -107.60M | -269.03M |
| Net Income | -104.51M | -89.19M | -62.77M | -29.61M | -135.32M | -396.67M |
Balance Sheet | ||||||
| Total Assets | 66.47M | 100.48M | 187.46M | 773.60M | 810.02M | 735.37M |
| Cash, Cash Equivalents and Short-Term Investments | 12.73M | 13.64M | 35.46M | 571.89M | 616.65M | 79.42M |
| Total Debt | 13.50M | 9.94M | 5.30M | 59.73M | 57.19M | 89.71M |
| Total Liabilities | 34.30M | 33.59M | 36.57M | 107.38M | 122.04M | 247.48M |
| Stockholders Equity | 35.45M | 73.26M | 161.83M | 283.49M | 279.59M | 240.95M |
Cash Flow | ||||||
| Free Cash Flow | -28.25M | -22.20M | -16.07M | -86.13M | -121.37M | -71.23M |
| Operating Cash Flow | -27.00M | -21.73M | -15.43M | -81.87M | -115.16M | -23.10M |
| Investing Cash Flow | 5.17M | 1.48M | -31.82M | -476.17M | 668.46M | -106.79M |
| Financing Cash Flow | -5.69M | -1.57M | -4.59M | -15.06M | -45.96M | 52.36M |
Ourgame International Holdings Ltd Technical Analysis
Ourgame International Holdings Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | HK$379.34M | 12.44 | 3.47% | ― | -25.66% | -23.36% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
53 Neutral | HK$295.32M | -10.16 | -28.25% | ― | -3.02% | 72.76% | |
46 Neutral | HK$134.86M | -23.25 | -2.00% | ― | 20.90% | 70.71% | |
42 Neutral | HK$98.40M | -6.31 | -7.87% | ― | -5.90% | 60.75% | |
41 Neutral | HK$268.64M | -2.34 | ― | ― | ― | ― |
Ourgame International Holdings Ltd Corporate Events
Ourgame International Holdings Limited has launched legal proceedings in the High Court of Hong Kong against its former executive director and chief executive officer, Ng Kwok Leung Frank, seeking repayment of a HK$5 million loan plus interest and recovery costs. Following internal investigations, the company alleges that during his tenure Ng organised former employees to engage in illegal and criminal activities and misappropriated or embezzled company assets under the guise of investments, breaching his fiduciary duties. Ourgame plans to file further court actions for compensation of losses and report the matter to the police, and says it will continue using investigation, litigation, arbitration and cooperation with authorities to recover historical loans, receivables and any misappropriated funds, signalling a more assertive stance on governance and protection of shareholder interests.
The most recent analyst rating on (HK:6899) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Ourgame International Holdings Ltd stock, see the HK:6899 Stock Forecast page.
Ourgame International Holdings Ltd has announced the appointment of Mr. Luo Ning as a non-executive director, effective December 15, 2025. Mr. Luo brings extensive experience in the telecommunications sector, having held significant positions in various listed companies. His appointment is expected to strengthen the company’s strategic direction and governance. Concurrently, Ms. Yu Bing has resigned from her position as a non-executive director due to other work commitments. The company expressed gratitude for her contributions during her tenure.
The most recent analyst rating on (HK:6899) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Ourgame International Holdings Ltd stock, see the HK:6899 Stock Forecast page.
Ourgame International Holdings Ltd has announced a new board of directors and the establishment of four key committees effective from December 15, 2025. This strategic move is expected to enhance the company’s governance and risk management, potentially strengthening its position in the digital entertainment industry.
The most recent analyst rating on (HK:6899) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Ourgame International Holdings Ltd stock, see the HK:6899 Stock Forecast page.
Ourgame International Holdings Ltd, through its wholly-owned subsidiary Beijing Lianzhong, has entered into an Investment Agreement to acquire a 51% stake in a target company for RMB31.20 million. This transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, will make the target company a non-wholly owned subsidiary of Ourgame International Holdings Ltd. The acquisition is expected to enhance the company’s market position and operational capabilities.
Ourgame International Holdings Ltd has announced a strategic investment in Beijing Sanzuwu Consulting Co., Ltd., acquiring a 51% stake to expand its presence in the AI and low-altitude economy ecosystem. This move is set to enhance Ourgame’s capabilities in AI technology, integrating Sanzuwu’s expertise in drone applications with its own gaming strengths to create a multi-dimensional ecosystem. The company plans to develop gaming and eSports venues, AI drone intelligence competitions, and a professional platform for AI drone sports, aiming to create long-term value for shareholders.
Ourgame International Holdings Ltd announced a significant change in its shareholding structure, with Mr. Li Yangyang and Choi Shun Investment Limited disposing of their entire stake, totaling approximately 16.59% of the company’s issued shares. Consequently, Spark Holdings Limited has emerged as a new substantial shareholder, acquiring approximately 29.95% of the total issued shares. This shift in ownership marks a notable change in the company’s shareholder landscape, potentially impacting its strategic direction and stakeholder interests.
Ourgame International Holdings Ltd announced a clarification regarding a previous statement, correcting that Allied Gaming & Entertainment Inc. is an associate, not a subsidiary, of the group. Following this clarification, the company has resumed trading on the Hong Kong Stock Exchange, which had been temporarily suspended pending the announcement.
Ourgame International Holdings Limited has announced a trading halt on its shares on the Hong Kong Stock Exchange. This pause, effective from October 15, 2025, is pending a clarification announcement related to a previous voluntary announcement made by the company. The halt indicates potential significant developments that may impact the company’s operations or market perception.
Ourgame International Holdings Ltd has announced a strategic investment in cryptocurrencies through its subsidiary, Allied Gaming & Entertainment Inc. This move marks the beginning of a comprehensive digitalization strategy to incorporate blockchain technology into its operations. The initiative aims to integrate cryptocurrencies like Bitcoin and Ethereum into its balance sheet, develop blockchain-based payment methods, and create a proprietary tokenization model. This strategic direction is expected to reshape the industry value chain, enhance user engagement, and facilitate cross-border transactions, demonstrating the company’s commitment to technological innovation and industry transformation.
Ourgame International Holdings Ltd has announced a strategic focus on enhancing the entertainment experience for women users, aiming to leverage its established user base and operational systems on platforms like TikTok and Kuaishou. The company plans to upgrade its live streaming entertainment and develop new women-oriented casual games, emphasizing social interaction and low-pressure entertainment. This approach is intended to strengthen user engagement, explore new growth opportunities, and create sustainable value for shareholders.
Ourgame International Holdings Ltd has announced the fulfillment of resumption guidance and the resumption of trading of its shares on the Hong Kong Stock Exchange. The company had been under trading suspension since March 2024 due to pending audited annual results and other compliance issues. The Stock Exchange provided resumption guidance requiring the company to conduct independent investigations, ensure management integrity, review internal controls, publish outstanding financial results, and comply with listing rules. The successful fulfillment of these requirements marks a significant step in restoring investor confidence and stabilizing the company’s market position.