Yeahka Limited (HK:9923)
:9923
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Yeahka Limited
(9923)
Select Model
Select Model
Rating:58Neutral
Price Target:
HK$8.50
▲(24.09% Upside)
Action:ReiteratedDate:12/09/25
Yeahka Limited's overall stock score is driven by strong earnings call performance and strategic advancements in AI and international growth. However, financial performance challenges, bearish technical indicators, and high valuation limit the score.
Positive Factors
AI-driven cost advantage
Integration of AI that cuts content production costs sharply and drives rapidly growing AI transaction volume supports scalable marketing and automation. Over time this reduces unit economics, improves margins, and creates a differentiated tech moat in merchant services and marketing solutions.
Negative Factors
Declining revenue trend
A near-term multi-year decline in revenue undermines scale economics and raises questions about market traction. Persisting top-line contraction can offset margin gains, constrain reinvestment in product and sales, and force reliance on cost cuts to sustain profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
AI-driven cost advantage
Integration of AI that cuts content production costs sharply and drives rapidly growing AI transaction volume supports scalable marketing and automation. Over time this reduces unit economics, improves margins, and creates a differentiated tech moat in merchant services and marketing solutions.
Read all positive factors
Yeahka Limited (9923) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$3.17B
Dividend YieldN/A
Average Volume (3M)1.87M
Price to Earnings (P/E)31.8
Beta (1Y)1.49
Revenue Growth-9.32%
EPS Growth477.27%
CountryHK
Employees871
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)N/A
Shares Outstanding462,162,450
10 Day Avg. Volume1,201,533
30 Day Avg. Volume1,866,956
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)1.62
Price to Sales (P/S)1.40
P/FCF Ratio37.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$9.25Price Target Upside35.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Yeahka Limited Business Overview & Revenue Model
Company Description
Yeahka Limited operates payment-based technology platform that provides payment and business services to merchants and consumers in China. It offers one-stop payment services, which include app-based and traditional payment services. The company a...
How the Company Makes Money
Yeahka Limited generates revenue through multiple streams primarily focused on payment processing fees, service subscriptions, and value-added services. The company earns transaction fees from merchants each time a payment is processed through its...
Yeahka Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
72
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.15B | 3.09B | 3.95B | 3.42B | 3.06B | 2.29B |
| Gross Profit | 811.58M | 728.76M | 738.16M | 1.03B | 814.62M | 743.68M |
| EBITDA | 148.65M | 17.53M | 181.30M | 105.00M | 69.29M | 442.13M |
| Net Income | 93.90M | 82.45M | 11.63M | 153.92M | 420.93M | 438.91M |
Balance Sheet | ||||||
| Total Assets | 7.76B | 7.71B | 8.42B | 7.29B | 6.76B | 5.62B |
| Cash, Cash Equivalents and Short-Term Investments | 686.51M | 600.24M | 901.50M | 1.61B | 2.09B | 2.56B |
| Total Debt | 986.30M | 967.92M | 1.24B | 1.09B | 551.25M | 266.57M |
| Total Liabilities | 4.94B | 5.12B | 5.80B | 4.61B | 3.56B | 2.46B |
| Stockholders Equity | 2.90B | 2.67B | 2.71B | 2.77B | 3.26B | 3.12B |
Cash Flow | ||||||
| Free Cash Flow | 99.20M | 115.57M | -346.08M | 186.03M | -193.05M | -20.05M |
| Operating Cash Flow | 112.74M | 118.91M | -317.20M | 193.88M | -164.12M | -5.09M |
| Investing Cash Flow | -88.88M | 6.21M | -321.46M | -480.67M | -166.05M | -82.47M |
| Financing Cash Flow | -21.23M | -419.79M | -72.47M | -254.42M | -129.67M | 2.30B |
Yeahka Limited Technical Analysis
Neutral
6.85
Price Trends
7.40
Negative
7.75
Negative
9.81
Negative
Market Momentum
-0.20
Negative
45.88
Neutral
79.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9923, the sentiment is Neutral. The current price of 6.85 is above the 20-day moving average (MA) of 6.84, below the 50-day MA of 7.40, and below the 200-day MA of 9.81, indicating a neutral trend. The MACD of -0.20 indicates Negative momentum. The RSI at 45.88 is Neutral, neither overbought nor oversold. The STOCH value of 79.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:9923.
Yeahka Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$96.48M | 14.79 | -0.96% | 8.40% | -29.38% | -104.21% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | HK$6.40B | 3.91 | 74.52% | ― | ― | ― | |
58 Neutral | HK$3.17B | 31.81 | 3.10% | ― | -9.32% | 477.27% | |
58 Neutral | HK$630.15M | 15.36 | 2.16% | 6.63% | -16.76% | -50.21% | |
46 Neutral | HK$1.19B | -10.63 | -1.65% | ― | -17.23% | -6.20% | |
42 Neutral | HK$57.83M | -1.62 | 402.84% | ― | -43.10% | -5.98% |
* Technology Sector Average
HK:9923
Yeahka Limited
6.85
0.07
1.03%
HK:3315
Goldpac Group Ltd.
0.79
>-0.01
-1.13%
HK:8062
EFT Solutions Holdings Ltd
0.20
-0.06
-22.69%
HK:0818
Hi Sun Technology (China) Limited
0.43
0.10
30.30%
HK:8613
Oriental Payment Group Holdings Limited
0.03
-0.12
-80.00%
HK:2598
Lianlian DigiTech Co., Ltd. Class H
5.69
-0.45
-7.33%
Yeahka Limited Corporate Events
Yeahka Expands Nomination Committee with New Board Appointments
Dec 19, 2025
Yeahka Limited has adjusted the composition of its board committees, adding executive director Liang Shengtian and independent non-executive director Ouyang Rihui as new members of its nomination committee with effect from 19 December 2025. Follow...
Yeahka Formalises Terms of Reference for Nomination Committee
Dec 19, 2025
Yeahka Limited has formalised the terms of reference for its nomination committee, a board committee originally established on 30 April 2020, to strengthen its corporate governance framework. The document sets out the committee’s composition...
Yeahka Sets Out Board Composition and Governance Committee Structure
Dec 19, 2025
Yeahka Limited has announced the current composition of its board of directors, comprising four executive directors led by chairman Liu Yingqi and three independent non-executive directors. The company also updated the membership of its four key b...
Yeahka Limited Reports Robust Growth and Expands Market Reach in Q3 2025
Nov 24, 2025
Yeahka Limited reported strong growth in the third quarter of 2025, with a significant increase in overseas payment transaction volume by 50% quarter-on-quarter. The company’s domestic payment transaction volume also grew, supported by partn...
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.