Want to see HK:0434 full AI Analyst Report?
Top Page
Boyaa Interactive International
(0434)
Select Model
Select Model
Rating:57Neutral
Price Target:
HK$3.00
▲(30.43% Upside)
Action:Reiterated
Date:08/22/26
The score is held back primarily by weak financial performance due to a sharp swing into large TTM losses despite strong revenue growth and solid margins. Technicals are a key offset with strong trend signals (price above major moving averages and positive MACD), though overbought RSI raises pullback risk. Valuation remains challenged because the company is loss-making (negative P/E) and the dividend yield is modest.
Positive Factors
Strong revenue growth and gross margin
Rapid top-line expansion combined with a healthy gross margin suggests continued demand for the company’s gaming offerings and provides operating leverage potential if product and platform costs remain controlled.
Negative Factors
Severe deterioration in profitability
The sharp swing from strong 2024 profitability to substantial TTM losses indicates weak earnings quality and high volatility. Sustained losses could constrain reinvestment capacity and reduce the durability of shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth and gross margin
Rapid top-line expansion combined with a healthy gross margin suggests continued demand for the company’s gaming offerings and provides operating leverage potential if product and platform costs remain controlled.
Read all positive factors
Boyaa Interactive International (0434) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$2.12B
Dividend Yield1.19%
Average Volume (3M)3.00M
Price to Earnings (P/E)―
Beta (1Y)0.51
Revenue Growth3.44%
EPS Growth-228.78%
CountryHK
Employees217
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)-1.69
Shares Outstanding770,976,750
10 Day Avg. Volume4,175,381
30 Day Avg. Volume2,996,703
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.82
Price to Sales (P/S)5.06
P/FCF Ratio63.18
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)1.36
Revenue Forecast (FY)HK$558.95M
Boyaa Interactive International Business Overview & Revenue Model
Company Description
Boyaa Interactive International Limited operates as an investment holding company, specializing in the development and management of online card and board games for players both within the People's Republic of China and globally. Its extensive col...
How the Company Makes Money
The company makes money mainly by monetizing its online and mobile games. Key revenue streams typically include: (1) in-game purchases, where players buy virtual items, virtual currency, game props, VIP memberships, or other digital entitlements t...
Boyaa Interactive International Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
70
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 503.33M | 467.49M | 456.88M | 394.58M | 375.27M | 366.16M |
| Gross Profit | 361.54M | 328.28M | 332.14M | 271.28M | 245.84M | 244.96M |
| EBITDA | -415.84M | -288.90M | 1.06B | 139.40M | 115.88M | 134.41M |
| Net Income | -1.26B | -238.54M | 883.78M | 117.18M | 64.20M | -4.37M |
Balance Sheet | ||||||
| Total Assets | 2.45B | 3.35B | 2.96B | 1.93B | 1.79B | 1.63B |
| Cash, Cash Equivalents and Short-Term Investments | 102.49M | 132.43M | 157.85M | 1.61B | 1.43B | 1.36B |
| Total Debt | 10.35M | 12.04M | 12.94M | 12.38M | 16.53M | 860.00K |
| Total Liabilities | 398.84M | 466.78M | 500.81M | 329.88M | 329.31M | 285.68M |
| Stockholders Equity | 2.05B | 2.88B | 2.46B | 1.60B | 1.46B | 1.34B |
Cash Flow | ||||||
| Free Cash Flow | 92.09M | 37.41M | 153.80M | 82.25M | 124.88M | 120.95M |
| Operating Cash Flow | 87.35M | 77.27M | 163.73M | 93.19M | 128.39M | 123.94M |
| Investing Cash Flow | -445.11M | -480.64M | -733.31M | 338.62M | -89.78M | -256.34M |
| Financing Cash Flow | 381.15M | 325.91M | -33.62M | -4.15M | -4.13M | -4.18M |
Boyaa Interactive International Technical Analysis
Positive
2.30
Price Trends
2.37
Positive
2.46
Positive
2.85
Positive
Market Momentum
0.19
Negative
60.16
Neutral
54.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0434, the sentiment is Positive. The current price of 2.3 is below the 20-day moving average (MA) of 2.74, below the 50-day MA of 2.37, and below the 200-day MA of 2.85, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 60.16 is Neutral, neither overbought nor oversold. The STOCH value of 54.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0434.
Boyaa Interactive International Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$2.42B | 6.09 | 12.98% | 17.02% | 18.51% | 13.18% | |
61 Neutral | HK$774.20M | 5.22 | 9.81% | 5.56% | 0.50% | 101.22% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
57 Neutral | HK$2.12B | -1.81 | -45.89% | 1.19% | 3.44% | -228.78% | |
52 Neutral | HK$980.59M | 150.49 | 0.56% | ― | 4.87% | ― | |
45 Neutral | HK$801.80M | -6.29 | -7.16% | 4.29% | 42.65% | -1303.33% | |
39 Underperform | HK$608.08M | -0.54 | -38.88% | 2.76% | -30.74% | 64.20% |
* Communication Services Sector Average
HK:0434
Boyaa Interactive International
3.07
-4.65
-60.29%
HK:2100
BAIOO Family Interactive
0.28
-0.31
-52.54%
HK:1119
iDreamSky Technology Holdings Limited
0.48
-0.61
-56.02%
HK:2660
Zengame Technology Holding Ltd.
2.35
0.09
3.84%
HK:0302
CMGE Technology Group Limited
0.20
-0.31
-61.00%
HK:6820
FriendTimes Inc.
0.36
-0.24
-40.20%
Boyaa Interactive International Corporate Events
Boyaa Interactive’s Core Gaming Revenue Grows, But Digital Asset Losses Drive Heavy Interim Deficit
Aug 20, 2026
Boyaa Interactive reported a solid increase in core operating performance for the six months ended 30 June 2026, with revenue rising 16% year-on-year to HK$258.3 million and gross profit up 22.4%. Growth was driven mainly by mobile games, which sa...
Boyaa Interactive Flags H1 Loss on Bitcoin Slump But Core Gaming Profit Surges
Aug 10, 2026
Boyaa Interactive has warned that it expects to post a loss attributable to shareholders of about HK$790 million to HK$800 million for the six months ended 30 June 2026, reversing a profit of approximately HK$226 million a year earlier. The loss i...
Boyaa Interactive Sets August Board Meeting to Approve Interim Results
Aug 10, 2026
Boyaa Interactive International has scheduled a board meeting for 20 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The announcement underscores the company’s adherence to disclosure ob...
Boyaa Interactive Sets Board and Committee Line-up to Bolster Governance
Jun 18, 2026
Boyaa Interactive International Limited has announced the current composition of its board of directors, which includes Chairman and executive director Dai Zhikang and executive director Yin Chunyan, alongside three independent non-executive direc...
Boyaa Interactive Shareholders Approve Dividend, Mandates and Bitcoin Acquisition at AGM
Jun 18, 2026
Shareholders of Boyaa Interactive International approved all resolutions at the annual general meeting held in Hong Kong on 18 June 2026, including the adoption of the 2025 audited financial statements and a final dividend of HK$0.0366 per share. ...
Boyaa Interactive Reshapes Board, Elevates Finance Chief as Executive Director
Jun 18, 2026
Boyaa Interactive International announced board changes effective 18 June 2026, appointing long-time finance executive Ms. Yin Chunyan as an executive director and member of the nomination committee. Yin, currently senior financial controller with...
Boyaa Interactive Sets 2026 AGM to Approve Dividend, Board Mandates
May 26, 2026
Boyaa Interactive International has called its annual general meeting for 18 June 2026 in Hong Kong, where shareholders will review the audited consolidated financial statements for the year ended 31 December 2025 and consider a proposed final div...
Boyaa Interactive Reschedules Payment Date for 2025 Final Dividend
May 26, 2026
Boyaa Interactive International has announced a change to the expected payment date of its recommended final dividend of HK$0.0366 per ordinary share for the financial year ended 31 December 2025, which remains subject to shareholder approval at t...
Boyaa Interactive Revises Final Dividend Timetable for 2025 Payout
May 26, 2026
Boyaa Interactive International Limited has updated the timetable for its proposed final cash dividend for the financial year ended 31 December 2025, maintaining the payout at HKD 0.0366 per share. The changes stem from a postponement of the compa...
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.