Forgame Holdings Ltd. (0484) Stock Price & Analysis

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0484 Stock Chart & Stats

HK$0.61HK$0.04(6.09%)

At close: Nov 06 4:00 PM GMT+8

Day’s Range: HKD 0.58 - HKD 0.61
52-Week Range: HKD 0.56 - HKD 1.19
Previous Close: HKD 0.58
Volume: N/A
Average Volume (3M): 19.94K
Market Cap: HKD 102.69M
Enterprise Value: -HKD 252.79M
Total Cash (Recent Filing): HKD 314.77M
Total Debt (Recent Filing): HKD 3.31M
Price to Earnings (P/E): ―
Beta: 0.57
Next Earnings: Mar 26, 2027 (Est.)
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Revenue Rebound

Revenue rebounded 23% in 2025 after a volatile multi-year period, indicating some recovery in demand for the company’s digital entertainment activities. If sustained, renewed top-line scale could improve operating leverage and support investment in game publishing and operation.

Low Financial Leverage

Very low debt relative to equity materially reduces financial risk and preserves flexibility for the company. A lightly leveraged balance sheet leaves fewer mandatory financing obligations, helping management withstand operating volatility and retain capacity to fund future activities from available resources.

Narrower Losses

The narrowing of losses versus 2024 provides evidence of some improvement in financial performance, even though the business remains unprofitable. Continued progress on this trend could reduce the earnings gap and create a stronger foundation for eventual operating recovery over the coming periods.

Bears Say

Severe Margin Compression

Gross margin compression to roughly 3% leaves very little contribution from revenue to cover operating expenses and investment needs. The sharp deterioration from prior years indicates weakened economics and makes sustainable profitability more difficult unless margins recover materially.

Persistent Operating Losses

Large operating and net losses show that the current business scale is not covering its cost base, despite the revenue rebound. Continued negative profitability reduces internally generated capital, weakens returns on equity, and limits the company’s ability to build durable earnings power.

Negative Cash Generation

Negative operating and free cash flow indicate that reported business activity is not converting into cash, while the deterioration from 2024 raises concern about sustainability. Ongoing cash deficits increase reliance on existing balance-sheet resources to fund operations and future commitments.

Forgame Holdings Ltd. News

Forgame Takes Delivery of Alibaba Shares After Equity-Linked Note Triggers

The latest announcement is out from Forgame Holdings Ltd. ( ($HK:0484) ). Forgame Holdings disclosed that it entered into an equity-linked fixed coupon note in September 2025 with a principal

1M agoFH0 0484

Forgame Narrows Interim Loss Despite Sharply Lower Revenue

An announcement from Forgame Holdings Ltd. ( ($HK:0484) ) is now available. Forgame Holdings Ltd. is a Cayman Islands–incorporated company listed in Hong Kong and primarily engaged in online gaming,

2M agoFH0 0484

Forgame Sets August Board Meeting to Review Interim Results and Dividend

Forgame Holdings Ltd. ( ($HK:0484) ) just unveiled an update. Forgame Holdings Limited has scheduled a board meeting for 21 August 2026 to review and approve the Group’s interim results

2M agoFH0 0484

Forgame fully exits Jinbei stake in discloseable share disposal

Forgame Holdings Ltd. ( ($HK:0484) ) has provided an announcement. Forgame Holdings Limited has exited its investment in Jinbei Automotive, a China-based designer and manufacturer of automotive interiors, seating systems

4M agoFH0 0484

Forgame Shareholders Back All AGM Resolutions, Renew Board Mandates

An update from Forgame Holdings Ltd. ( ($HK:0484) ) is now available. Forgame Holdings Limited reported that all resolutions at its 28 May 2026 annual general meeting in Hong Kong

5M agoFH0 0484

Forgame Sets 2026 AGM to Approve Results, Board Mandates and Share Issue Authority

The latest update is out from Forgame Holdings Ltd. ( ($HK:0484) ). Forgame Holdings Limited has called its annual general meeting for 28 May 2026 in Hong Kong, where shareholders

6M agoFH0 0484

Forgame exits Longfor stake in risk-driven portfolio shake-up

Forgame Holdings Ltd. ( ($HK:0484) ) has shared an update. Forgame Holdings Limited has sold its entire holding of 736,559 shares in Longfor Group on the open market on 10

7M agoFH0 0484

Forgame Takes Delivery of Longfor Shares After Equity-Linked Note Triggers Disclosable Deal

An announcement from Forgame Holdings Ltd. ( ($HK:0484) ) is now available. Forgame Holdings Limited has disclosed that it entered into an equity-linked fixed coupon note in September 2025 with

7M agoFH0 0484

Forgame’s 2025 Revenue Surges but Net Loss Widens Amid Global Headwinds

Forgame Holdings Ltd. ( ($HK:0484) ) has provided an announcement. Forgame reported operating revenue of about RMB155.6 million for 2025, an 88.4% increase year on year, but still below initial

7M agoFH0 0484

Forgame Updates Board Composition and Governance Roles

An update from Forgame Holdings Ltd. ( ($HK:0484) ) is now available. Forgame Holdings Limited has announced an updated list of its directors and clarified their respective roles and functions

7M agoFH0 0484

0484 FAQ

What was Forgame Holdings Ltd.’s price range in the past 12 months?

Forgame Holdings Ltd. lowest stock price was HK$0.56 and its highest was HK$1.19 in the past 12 months.

What is Forgame Holdings Ltd.’s market cap?

Forgame Holdings Ltd.’s market cap is HK$102.69M.

When is Forgame Holdings Ltd.’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Forgame Holdings Ltd.’s earnings last quarter?

Forgame Holdings Ltd. released its earnings results on Aug 21, 2026. The company reported -HK$0.114 earnings per share for the quarter.

Is Forgame Holdings Ltd. overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Forgame Holdings Ltd. pay dividends?

Forgame Holdings Ltd. does not currently pay dividends.

What is Forgame Holdings Ltd.’s EPS estimate?

Forgame Holdings Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Forgame Holdings Ltd. have?

Forgame Holdings Ltd. has 171,725,080 shares outstanding.

What happened to Forgame Holdings Ltd.’s price movement after its last earnings report?

Forgame Holdings Ltd. reported an EPS of -HK$0.114 in its last earnings report. Following the earnings report the stock price went up 1.351%.

Which hedge fund is a major shareholder of Forgame Holdings Ltd.?

Currently, no hedge funds are holding shares in HK:0484

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description