Joy Spreader Group Inc. (HK:6988)
:6988
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Joy Spreader Group Inc.
(6988)
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Rating:41Neutral
Price Target:
HK$0.10
▼(-20.00% Downside)
Action:ReiteratedDate:11/18/25
The overall stock score is primarily impacted by significant financial performance challenges, including declining revenues and profitability issues. Technical analysis also indicates bearish momentum, and valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield.
Positive Factors
Low leverage / conservative balance sheet
A low debt-to-equity profile provides structural financial flexibility, reducing interest burden and insolvency risk. Over the next 2–6 months this conservatism supports operational continuity, preserves borrowing capacity for restructuring or investment, and cushions shocks while earnings recover.
Negative Factors
Severe revenue decline
An >80% TTM revenue contraction reflects a collapsing top line that undermines economies of scale, pricing power, and client relationships. Over months this materially reduces operating leverage, hampers reinvestment, and risks permanent market-share loss if client attrition or demand structural shifts persist.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative balance sheet
A low debt-to-equity profile provides structural financial flexibility, reducing interest burden and insolvency risk. Over the next 2–6 months this conservatism supports operational continuity, preserves borrowing capacity for restructuring or investment, and cushions shocks while earnings recover.
Read all positive factors
Joy Spreader Group Inc. (6988) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$205.36M
Dividend YieldN/A
Average Volume (3M)493.40K
Price to Earnings (P/E)―
Beta (1Y)1.28
Revenue Growth-99.64%
EPS Growth15.42%
CountryHK
Employees70
SectorCommunication Services
Sector Strength97
IndustryAdvertising Agencies
Share Statistics
EPS (TTM)-0.03
Shares Outstanding2,371,927,200
10 Day Avg. Volume624,200
30 Day Avg. Volume493,398
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.51
Price to Sales (P/S)2.28
P/FCF Ratio-4.72
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)N/A
Revenue Forecast (FY)N/A
Joy Spreader Group Inc. Business Overview & Revenue Model
Company Description
Joy Spreader Group Inc., a marketing technology company, provides digital marketing services in the People's Republic of China. The company provides mobile new media performance-based marketing services to interactive entertainment and other digit...
How the Company Makes Money
Joy Spreader Group Inc. generates revenue primarily through its digital marketing services, including subscription fees for its marketing platforms, performance-based advertising revenues, and consulting fees for analytics and strategy optimizatio...
Joy Spreader Group Inc. Financial Statement Overview
Summary
Income Statement
20
Very Negative
Balance Sheet
40
Negative
Cash Flow
25
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.98M | 113.31M | 5.08B | 3.72B | 1.40B | 923.92M |
| Gross Profit | 1.12M | -3.29M | 446.41M | 436.96M | 451.85M | 301.56M |
| EBITDA | -786.75M | -1.05B | -751.72M | -300.31M | 262.88M | 144.11M |
| Net Income | -798.84M | -1.07B | -784.17M | -339.12M | 244.64M | 138.68M |
Balance Sheet | ||||||
| Total Assets | 648.26M | 822.23M | 1.87B | 2.80B | 2.46B | 2.28B |
| Cash, Cash Equivalents and Short-Term Investments | 210.30M | 230.40M | 327.96M | 576.00M | 648.27M | 1.21B |
| Total Debt | 11.75M | 22.17M | 41.36M | 43.08M | 17.18M | 21.04M |
| Total Liabilities | 304.13M | 403.07M | 292.69M | 384.04M | 142.05M | 121.69M |
| Stockholders Equity | 432.97M | 502.64M | 1.60B | 2.41B | 2.32B | 2.16B |
Cash Flow | ||||||
| Free Cash Flow | -37.78M | -54.81M | -256.66M | -561.39M | -382.38M | -425.30M |
| Operating Cash Flow | -25.62M | -54.54M | -237.76M | -526.29M | -342.25M | -411.08M |
| Investing Cash Flow | -5.40M | -10.46M | 41.03M | -91.95M | -78.86M | -20.54M |
| Financing Cash Flow | -26.67M | -18.46M | -18.06M | 587.17M | -168.74M | 1.50B |
Joy Spreader Group Inc. Technical Analysis
Negative
0.12
Price Trends
0.10
Negative
0.11
Negative
0.12
Negative
Market Momentum
>-0.01
Negative
39.89
Neutral
20.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6988, the sentiment is Negative. The current price of 0.12 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.10, and above the 200-day MA of 0.12, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.89 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:6988.
Joy Spreader Group Inc. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$2.00B | 6.01 | 7.92% | 0.94% | 40.20% | 26.39% | |
65 Neutral | HK$20.46B | 48.66 | 24.66% | ― | 43.92% | -196.81% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
57 Neutral | HK$3.31B | 19.79 | 4.13% | ― | 35.73% | -88.89% | |
51 Neutral | HK$311.74M | -20.52 | -0.67% | ― | 2.85% | -118.89% | |
41 Neutral | HK$205.36M | -1.37 | -170.76% | ― | -99.64% | 15.42% |
* Communication Services Sector Average
HK:6988
Joy Spreader Group Inc.
0.09
<0.01
6.10%
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186.44%
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Mobvista, Inc.
13.16
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165.32%
HK:1948
UJU HOLDING LIMITED
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Netjoy Holdings Limited
0.46
0.00
0.00%
Joy Spreader Group Inc. Corporate Events
Joy Spreader Group Inc. Appoints New Auditor at Extraordinary General Meeting
Dec 10, 2025
Joy Spreader Group Inc., a company incorporated in the Cayman Islands, announced that during its extraordinary general meeting held on December 10, 2025, shareholders voted unanimously to appoint HLB Hodgson Impey Cheng Limited as the company̵...
Joy Spreader Group Inc. Faces Board Changes and Compliance Challenges
Nov 28, 2025
Joy Spreader Group Inc. announced the resignation of Mr. Tang Wei as an independent non-executive director and chairman of the Audit Committee, effective November 28, 2025, due to his other business commitments. This resignation results in non-com...
Joy Spreader Group Inc. Announces Board Composition and Roles
Nov 28, 2025
Joy Spreader Group Inc. has announced the composition of its board of directors and their respective roles within the company. This update on the board’s structure is significant as it outlines the leadership and governance framework, which ...
Joy Spreader Group Inc. Announces EGM for Auditor Appointment
Nov 20, 2025
Joy Spreader Group Inc. has announced an extraordinary general meeting scheduled for December 10, 2025, to appoint HLB Hodgson Impey Cheng Limited as the company’s new auditor. This decision reflects the company’s ongoing efforts to en...
Joy Spreader Group Inc. Announces Change of Auditor to Enhance Cost-Effectiveness
Nov 20, 2025
Joy Spreader Group Inc. announced a change in its auditor, with Deloitte Touche Tohmatsu resigning and HLB Hodgson Impey Cheng Limited proposed as the new auditor. This change aims to control audit fee expenses and enhance the overall cost-effecti...
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.