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iDreamSky Technology Holdings Limited (1119) AI Stock Analysis
iDreamSky Technology Holdings Limited
(HKEX:1119)
Weak financial performance from declining revenues and losses is the primary drag, compounded by stretched valuation; oversold technical signals offer limited offset.
iDreamSky Technology Holdings Limited (1119) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 686.94M
- Dividend Yield
- ―
- Average Volume (3M)
- 3.23M
- Price to Earnings (P/E)
- 95.7
- Beta (1Y)
- 0.90
- 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...
How the Company Makes Money
iDreamSky primarily makes money by publishing and operating games, earning revenue from player spending inside games (for example, purchases of virtual items, premium content, or in-game privileges) and, where applicable, from advertising/traffic mon...
iDreamSky Technology Holdings Limited Financial Statement Overview
Summary
Challenging profile with steady revenue declines, net losses, and shrinking assets, partially offset by improving gross margins and historically positive cash flows.
Income Statement
25NegativeBalance Sheet
40NegativeCash Flow
45Neutral| 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 Negative. The current price of 0.31 is below the 20-day moving average (MA) of 0.34, below the 50-day MA of 0.38, and below the 200-day MA of 0.42, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 35.02 is Neutral, neither overbought nor oversold. The STOCH value of 10.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1119.
iDreamSky Technology Holdings Limited Peers Comparison
Overall Rating
HK:079981Outperform
HK:266077Outperform
HK:999054Neutral
HK:210048Neutral
HK:030242Neutral- HK:111941Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0799 | 81Outperform | HKD 3.14B | 5.36 | 17.09% | 5.45% | -1.22% | 1.26% |
| HK:2660 | 77Outperform | HKD 2.47B | 6.05 | 13.07% | 16.95% | 18.51% | 13.18% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| HK:9990 | 54Neutral | HKD 1.20B | -10.50 | -4.78% | ― | -1.05% | 41.09% |
| HK:2100 | 48Neutral | HKD 677.39M | -5.45 | -7.16% | 4.90% | 42.65% | -1303.33% |
| HK:0302 | 42Neutral | HKD 511.41M | -0.45 | -38.88% | ― | -30.74% | 64.20% |
| HK:1119 | 41Neutral | HKD 686.94M | 95.66 | 0.56% | ― | 4.87% | ― |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1119 | iDreamSky Technology Holdings Limited | 0.30 | -0.52 | -63.25% | |
| HK:0799 | Igg (OTC) | 2.73 | -0.49 | -15.09% | |
| HK:2100 | BAIOO Family Interactive | 0.24 | -0.27 | -52.24% | |
| HK:9990 | Archosaur Games Inc. | 1.50 | -0.58 | -27.88% | |
| HK:2660 | Zengame Technology Holding Ltd. | 2.36 | 0.20 | 9.21% | |
| HK:0302 | CMGE Technology Group Limited | 0.16 | -0.24 | -59.00% |
iDreamSky Technology Holdings Limited Corporate Events
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