iDreamSky Technology Holdings Limited AI Stock Analysis
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iDreamSky Technology Holdings Limited (1119) AI Stock Analysis
iDreamSky Technology Holdings Limited
(HKEX:1119)
The overall score reflects modest financial health with an early-stage turnaround in profitability and leverage constrained by collapsing cash flows and ongoing revenue pressure, coupled with a rich valuation that offers limited fundamental support and a technically weak, downtrending price profile showing oversold conditions but no confirmed positive momentum.
iDreamSky Technology Holdings Limited (1119) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 709.46M
- Dividend Yield
- ―
- Average Volume (3M)
- 3.05M
- Price to Earnings (P/E)
- 111.7
- Beta (1Y)
- 0.70
- Revenue Growth
- 4.87%
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 548
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Electronic Gaming & Multimedia
iDreamSky Technology Holdings Limited Business Overview & Revenue Model
Company Description
Established in 2009 and headquartered in Shenzhen, China, iDreamSky Technology Holdings Limited operates as an investment holding company and a leading digital entertainment platform, with its primary focus on the Chinese game publishing market. The...
iDreamSky Technology Holdings Limited Financial Statement Overview
Summary
Turnaround signs with 2025 profitability and improved leverage, but structurally declining revenue and severely weakened operating and free cash flow keep overall financial health only modest.
Income Statement
45NeutralBalance Sheet
55NeutralCash Flow
25Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.37B | 1.34B | 1.51B | 1.92B | 2.59B | 2.64B |
| Gross Profit | 444.30M | 532.40M | 426.79M | 673.46M | 400.46M | 1.10B |
| EBITDA | 95.79M | 122.46M | -180.29M | -209.47M | -2.13B | 284.49M |
| Net Income | 9.28M | 15.94M | -528.83M | -556.35M | -2.49B | -157.48M |
Balance Sheet | ||||||
| Total Assets | 4.05B | 3.63B | 3.59B | 3.71B | 4.32B | 6.61B |
| Cash, Cash Equivalents and Short-Term Investments | 387.54M | 231.31M | 224.11M | 263.57M | 216.38M | 788.76M |
| Total Debt | 1.70B | 1.32B | 1.35B | 1.23B | 1.62B | 1.83B |
| Total Liabilities | 2.30B | 1.87B | 2.13B | 1.96B | 2.53B | 2.40B |
| Stockholders Equity | 1.67B | 1.68B | 1.37B | 1.65B | 1.62B | 3.94B |
Cash Flow | ||||||
| Free Cash Flow | -13.89M | 7.90M | -119.31M | 123.10M | 62.83M | 113.63M |
| Operating Cash Flow | -9.65M | 12.36M | 151.68M | 252.96M | 93.92M | 153.77M |
| Investing Cash Flow | -301.71M | -88.78M | -362.18M | -137.93M | -321.69M | -274.75M |
| Financing Cash Flow | 279.64M | 35.19M | 217.06M | -18.11M | -406.16M | 118.98M |
iDreamSky Technology Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1119, the sentiment is Neutral. The current price of 0.35 is above the 20-day moving average (MA) of 0.31, below the 50-day MA of 0.36, and below the 200-day MA of 0.40, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 47.23 is Neutral, neither overbought nor oversold. The STOCH value of 53.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1119.
iDreamSky Technology Holdings Limited Peers Comparison
Overall Rating
HK:266078Outperform
HK:079969Neutral
HK:210048Neutral
HK:999046Neutral
HK:111941Neutral
HK:030240Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 78Outperform | HKD 2.48B | 5.99 | 13.07% | 17.20% | 18.51% | 13.18% | |
| 69Neutral | HKD 3.26B | 5.51 | 17.09% | 5.25% | -1.22% | 1.26% | |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| 48Neutral | HKD 746.51M | -6.02 | -7.16% | 4.44% | 42.65% | -1303.33% | |
| 46Neutral | HKD 1.24B | -10.99 | -4.78% | ― | -1.05% | 41.09% | |
| 41Neutral | HKD 709.46M | 111.73 | 0.56% | ― | 4.87% | ― | |
| 40Underperform | HKD 511.41M | -0.44 | -38.88% | ― | -30.74% | 64.20% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1119 | iDreamSky Technology Holdings Limited | 0.35 | -0.36 | -50.69% | |
| HK:0799 | Igg (OTC) | 2.81 | -0.26 | -8.41% | |
| HK:2100 | BAIOO Family Interactive | 0.27 | -0.22 | -45.34% | |
| HK:9990 | Archosaur Games Inc. | 1.56 | -0.34 | -18.06% | |
| HK:2660 | Zengame Technology Holding Ltd. | 2.33 | 0.17 | 8.04% | |
| HK:0302 | CMGE Technology Group Limited | 0.16 | -0.20 | -55.56% |
iDreamSky Technology Holdings Limited Corporate Events
iDreamSky and Tencent Computer Agree to Renew 2027 Frameworks
iDreamSky Technology Holdings said its Shenzhen subsidiary and Tencent Computer agreed on Nov. 12, 2026 to renew three 2027 framework agreements covering advertising cooperation, products and services purchasing, and game distribution and promotion....
iDreamSky HK Enters Cloud Service Agreement With Tencent Cloud
iDreamSky Technology Holdings Limited is incorporated in the Cayman Islands and has stock code 1119 on The Stock Exchange of Hong Kong Limited. On 12 November 2026, iDreamSky Holdings (HK) agreed with Tencent Cloud International to procure cloud comp...
iDreamSky Adjusts Conversion Price on HK$386 Million Convertible Bonds After Discounted Placings
iDreamSky Technology Holdings has announced an adjustment to the conversion price of its HK$386 million 5.00% guaranteed convertible bonds due 2028, following recent share placings at discounts to the prevailing market price. The company completed a...
iDreamSky Raises HK$56.6 Million to Accelerate AI-Driven Gaming R&D
iDreamSky Technology Holdings Limited has completed a placing of 187,856,000 new shares under its general mandate at HK$0.31 per share, raising gross proceeds of about HK$58.24 million and net proceeds of roughly HK$56.63 million. The new shares were...
iDreamSky Plans Share Placing to Fund AI and Game Development
iDreamSky Technology Holdings has agreed to place up to 187,856,000 new shares at HKD0.31 each through a best-effort placing arrangement with a placing agent, representing about 9.20% of its existing issued share capital and 8.43% of the enlarged sha...
iDreamSky Posts Softer Profits as Evergreen Games Drive Multi-Platform Growth
iDreamSky Technology Holdings Limited is a Hong Kong-listed game publisher and operator specialising in overseas distribution of mobile and casual titles. Its portfolio centres on evergreen games such as Subway Surfers and Gardenscapes, built through...
iDreamSky Schedules Board Meeting to Approve 2026 Interim Results and Dividend Plan
iDreamSky Technology Holdings has scheduled a board meeting for 27 August 2026 to review and approve its interim results for the six months ended 30 June 2026. The board will also consider the potential declaration of an interim dividend, signaling p...
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.
Date of analysis: Sep 22, 2026
