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ZX Inc.
(9890)
ZX Inc. (9890) vs. iShares MSCI Hong Kong ETF (EWH)
ZX Inc. Business Overview & Revenue Model
ZX Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.36B | 5.58B | 6.51B | 8.82B | 5.74B | 2.87B |
| Gross Profit | 2.87B | 4.02B | 4.57B | 6.41B | 4.74B | 2.44B |
| EBITDA | 777.05M | 59.72M | 111.13M | 715.77M | 741.64M | -1.20B |
| Net Income | 981.28M | -3.62M | 235.49M | 514.07M | 615.91M | -1.30B |
Balance Sheet | ||||||
| Total Assets | 5.70B | 5.56B | 7.27B | 9.80B | 6.56B | 3.86B |
| Cash, Cash Equivalents and Short-Term Investments | 1.78B | 1.26B | 899.69M | 1.53B | 1.85B | 943.92M |
| Total Debt | 1.14B | 1.77B | 3.21B | 6.41B | 3.72B | 1.87B |
| Total Liabilities | 2.43B | 3.14B | 4.99B | 8.09B | 5.38B | 3.20B |
| Stockholders Equity | 3.19B | 2.40B | 2.29B | 1.73B | 1.18B | 662.18M |
Cash Flow | ||||||
| Free Cash Flow | -1.16B | -2.05B | -2.57B | 2.11B | 2.59B | -346.59M |
| Operating Cash Flow | -1.14B | -2.00B | -2.35B | 2.28B | 2.63B | -301.53M |
| Investing Cash Flow | 929.31M | 2.10B | 2.86B | -3.21B | -2.30B | 689.73M |
| Financing Cash Flow | 0.00 | -67.72M | -232.31M | 443.13M | -32.30M | -25.46M |
ZX Inc. Technical Analysis
ZX Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
| ― | HK$349.59M | 11.46 | 3.47% | ― | -25.66% | -23.36% | |
| ― | ― | 7.42 | 38.00% | ― | -31.38% | ― | |
| ― | HK$192.14M | -33.12 | -2.00% | ― | 20.90% | 70.71% | |
| ― | HK$1.23B | -0.43 | -57.29% | ― | -36.80% | -666.80% | |
| ― | HK$94.68M | ― | -7.87% | ― | -5.90% | 60.75% | |
| ― | HK$147.66M | ― | -28.25% | ― | -3.02% | 72.76% |
ZX Inc. Corporate Events
Tanwan Inc. has announced a significant development with its subsidiary, Guangzhou Liliya Culture & Entertainment Limited, securing an exclusive license to distribute and operate derivatives of ‘THE GARFIELD MOVIE’ IP in Greater China. This strategic move is expected to enhance Tanwan’s market position by leveraging Garfield’s global popularity to enter the pop toy market, expand revenue streams, and strengthen its digital entertainment offerings. The collaboration aims to boost brand exposure and foster cross-industry partnerships, laying the groundwork for a comprehensive pan-entertainment ecosystem.
The most recent analyst rating on (HK:9890) stock is a Hold with a HK$17.50 price target. To see the full list of analyst forecasts on ZX Inc. stock, see the HK:9890 Stock Forecast page.
Tanwan Inc., formerly known as ZX Inc., announced several changes including a change of company name, adoption of a new logo, and amendments to its Memorandum and Articles of Association. These changes, effective from August 8, 2025, are part of the company’s rebranding strategy and do not affect shareholders’ rights or the company’s financial conditions. The stock short name will change to ‘TANWAN’ on the Hong Kong Stock Exchange, while the stock code remains ‘9890’.
The most recent analyst rating on (HK:9890) stock is a Hold with a HK$17.50 price target. To see the full list of analyst forecasts on ZX Inc. stock, see the HK:9890 Stock Forecast page.
Tanwan Inc. announced its interim results for the first half of 2025, reporting a revenue of RMB2,004.6 million and a significant turnaround from a loss of RMB385.0 million in the same period of 2024 to a profit of RMB649.6 million. This positive shift in financial performance highlights the company’s strategic focus on AI-driven gaming solutions and its ability to adapt to the evolving digital landscape, potentially strengthening its position in the competitive gaming market.
The most recent analyst rating on (HK:9890) stock is a Hold with a HK$17.50 price target. To see the full list of analyst forecasts on ZX Inc. stock, see the HK:9890 Stock Forecast page.
Tanwan Inc. has announced the launch of ‘New Moon Continent,’ a new mobile game based on the classic ‘MU’ IP, which has been a global phenomenon since its inception. This launch is part of Tanwan’s strategy to expand its high-quality game publishing and operations globally, utilizing a ‘Localization + Differentiation’ approach to cater to different regional markets. The company is also focusing on integrating AI technology to enhance marketing precision and operational efficiency.
The most recent analyst rating on (HK:9890) stock is a Hold with a HK$17.50 price target. To see the full list of analyst forecasts on ZX Inc. stock, see the HK:9890 Stock Forecast page.
ZX Inc. has announced that its board of directors will convene on August 28, 2025, to review and approve the interim financial results for the first half of the year ending June 30, 2025, and to consider the declaration of an interim dividend. This meeting is significant as it will provide insights into the company’s financial health and potential shareholder returns, impacting stakeholders’ perceptions and decisions.
ZX Inc., a company incorporated in the Cayman Islands, held an Extraordinary General Meeting (EGM) where shareholders voted to change the company’s name to Tanwan Inc., with the Chinese name ‘貪玩’ replacing the existing Chinese name ‘中旭 未來’. The resolution was passed unanimously with 100% of the votes in favor, reflecting a strategic rebranding effort that could impact the company’s market identity and stakeholder perception.