Activation Group Holdings Ltd. (HK:9919)
:9919
Top Page
Activation Group Holdings Ltd.
(9919)
Select Model
Select Model
Rating:70Outperform
Price Target:
HK$1.00
▼(-6.54% Downside)
Action:ReiteratedDate:10/22/25
HK:9919 receives an overall stock score of 70, driven primarily by strong financial performance (score: 73, weight: 50%) with a solid balance sheet and cash flow growth, and an attractive valuation (score: 85, weight: 20%) due to a low P/E ratio and high dividend yield. However, weaker technical indicators (score: 55, weight: 30%) reflect limited short-term momentum, tempering the overall outlook. The key risk lies in declining revenue, which needs to be addressed for sustained growth.
Positive Factors
Strong Balance Sheet
A strong balance sheet with low leverage risk provides financial stability, allowing the company to invest in growth opportunities and weather economic downturns.
Negative Factors
Declining Revenue
A declining revenue trend can hinder growth prospects and reduce market competitiveness, necessitating strategic initiatives to reverse this trend.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Balance Sheet
A strong balance sheet with low leverage risk provides financial stability, allowing the company to invest in growth opportunities and weather economic downturns.
Read all positive factors
Activation Group Holdings Ltd. (9919) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$707.50M
Dividend Yield8.86%
Average Volume (3M)249.56K
Price to Earnings (P/E)9.6
Beta (1Y)0.41
Revenue Growth-9.72%
EPS Growth-13.36%
CountryHK
Employees221
SectorCommunication Services
Sector Strength97
IndustryAdvertising Agencies
Share Statistics
EPS (TTM)0.07
Shares Outstanding744,742,000
10 Day Avg. Volume254,862
30 Day Avg. Volume249,557
Financial Highlights & Ratios
PEG Ratio-0.29
Price to Book (P/B)1.78
Price to Sales (P/S)0.72
P/FCF Ratio3.63
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)0.15
Revenue Forecast (FY)HK$1.03B
Activation Group Holdings Ltd. Business Overview & Revenue Model
Company Description
Activation Group Holdings Limited, an investment holding company, primarily provides integrated marketing solutions in Mainland China, Hong Kong, and Singapore. It operates through three segments: Experiential Marketing Services, Digital and Commu...
How the Company Makes Money
Activation Group Holdings Ltd. generates revenue through multiple streams, primarily from service fees associated with its digital marketing and advertising solutions. The company charges clients for campaign management, data analytics services, a...
Activation Group Holdings Ltd. Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
80
Positive
Cash Flow
75
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 843.05M | 847.75M | 967.23M | 694.81M | 904.06M | 458.00M |
| Gross Profit | 255.94M | 254.27M | 298.22M | 202.24M | 267.28M | 131.65M |
| EBITDA | 118.08M | 125.65M | 170.39M | 42.03M | 137.21M | 29.66M |
| Net Income | 84.41M | 79.24M | 107.99M | 23.63M | 92.49M | 23.42M |
Balance Sheet | ||||||
| Total Assets | 602.73M | 745.91M | 795.40M | 711.25M | 716.24M | 588.60M |
| Cash, Cash Equivalents and Short-Term Investments | 288.69M | 379.19M | 307.08M | 300.27M | 408.67M | 305.48M |
| Total Debt | 9.54M | 7.80M | 6.58M | 9.60M | 8.74M | 13.74M |
| Total Liabilities | 261.49M | 384.76M | 435.43M | 357.66M | 286.83M | 215.76M |
| Stockholders Equity | 324.77M | 341.36M | 339.77M | 336.31M | 406.31M | 359.93M |
Cash Flow | ||||||
| Free Cash Flow | 108.32M | 167.65M | 113.71M | 57.82M | 171.11M | -29.96M |
| Operating Cash Flow | 109.18M | 169.61M | 115.12M | 61.00M | 175.36M | -29.06M |
| Investing Cash Flow | -189.00K | -278.00K | -504.00K | -38.71M | 347.00K | 10.55M |
| Financing Cash Flow | -26.41M | -97.71M | -103.97M | -127.44M | -68.91M | 199.73M |
Activation Group Holdings Ltd. Technical Analysis
Negative
1.07
Price Trends
1.01
Negative
1.03
Negative
0.99
Negative
Market Momentum
-0.02
Positive
35.87
Neutral
29.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9919, the sentiment is Negative. The current price of 1.07 is above the 20-day moving average (MA) of 0.99, above the 50-day MA of 1.01, and above the 200-day MA of 0.99, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 35.87 is Neutral, neither overbought nor oversold. The STOCH value of 29.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9919.
Activation Group Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$707.50M | 9.57 | 22.55% | 8.86% | -9.72% | -13.36% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
59 Neutral | HK$2.85B | -21.51 | -17.49% | ― | 10.61% | -1448.48% | |
51 Neutral | HK$311.74M | -56.24 | -0.67% | ― | 2.85% | -118.89% | |
39 Underperform | HK$310.80M | -21.81 | ― | ― | -38.24% | -31.99% | |
38 Underperform | HK$39.31M | 226.68 | -24.93% | ― | -55.50% | 84.93% |
* Communication Services Sector Average
HK:9919
Activation Group Holdings Ltd.
0.95
0.19
25.00%
HK:1490
Cheshi Technology Inc.
0.27
0.09
53.41%
HK:1993
Asiaray Media Group Ltd.
0.65
-0.05
-7.14%
HK:2131
Netjoy Holdings Limited
0.46
0.00
0.00%
HK:2422
Rego Interactive Co., Ltd.
1.73
1.35
355.26%
HK:8500
Icon Culture Global Company Limited
0.09
-0.42
-82.16%
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.