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Tian Ge Interactive Holdings
(OTC:1980)
Tian Ge Interactive Holdings (1980) vs. S&P 500 (SPY)
Tian Ge Interactive Holdings Business Overview & Revenue Model
Tian Ge Interactive Holdings Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 67.62M | 142.07M | 210.53M | 329.64M | 539.33M | Gross Profit |
| 58.85M | 111.62M | 160.69M | 302.71M | 474.78M | EBIT |
| -137.91M | -117.54M | -85.34M | 52.36M | 244.06M | EBITDA |
| -97.42M | -448.75M | -16.24M | 90.36M | 212.00M | Net Income Common Stockholders |
| -134.67M | -533.44M | 78.97M | 80.62M | 93.83M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 948.72M | 1.08B | 1.67B | 1.93B | 1.89B | Total Assets |
| 2.56B | 2.91B | 3.53B | 3.55B | 3.50B | Total Debt |
| 137.71M | 322.19M | 291.98M | 154.34M | 5.92M | Net Debt |
| -226.40M | -175.47M | -301.34M | -818.91M | -1.03B | Total Liabilities |
| 307.10M | 532.96M | 463.19M | 633.13M | 638.02M | Stockholders Equity |
| 2.25B | 2.37B | 3.06B | 2.80B | 2.75B |
| Cash Flow | Free Cash Flow | |||
| -57.47M | -95.77M | -139.72M | 13.54M | 167.14M | Operating Cash Flow |
| -42.94M | -42.77M | -93.61M | 20.52M | 187.98M | Investing Cash Flow |
| 109.80M | 271.55M | -331.48M | -176.46M | 170.19M | Financing Cash Flow |
| -209.47M | -356.18M | 57.95M | 147.44M | 239.59M |
Tian Ge Interactive Holdings Technical Analysis
Tian Ge Interactive Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$2.33T | 17.61 | 11.98% | 0.80% | 3.92% | 27.80% | |
77 Outperform | $4.43T | 21.49 | 21.80% | 0.71% | 6.35% | 68.85% | |
74 Outperform | $54.83B | 32.64 | 7.09% | 0.34% | 18.66% | 219.56% | |
73 Outperform | $2.41B | 11.14 | 10.30% | 14.19% | 1.19% | -38.04% | |
70 Outperform | HK$809.53B | 20.82 | 22.27% | ― | 19.90% | 157.52% | |
59 Neutral | $13.76B | 7.65 | -2.18% | 3.85% | 2.32% | -36.56% | |
54 Neutral | $625.57M | 29.69 | 0.88% | 3.90% | -85.34% | ― |
Tian Ge Interactive Holdings Corporate Events
Tian Ge Interactive Holdings Limited has appointed Ms. Chen Xiu as the joint company secretary, effective April 10, 2025. Despite not meeting the formal qualifications required under Hong Kong’s Listing Rules, Ms. Chen’s extensive experience with the company and support from Ms. Ng Sau Mei, the other joint company secretary, have led to a waiver being granted for her appointment. This strategic move is aimed at enhancing coordination within the company’s management, primarily based in the PRC, and ensuring compliance with relevant regulations.
Tian Ge Interactive Holdings Limited announced its annual results for the year ended December 31, 2024, reporting a significant turnaround with a net profit of RMB 19,916,000 compared to a net loss in the previous year. Despite facing a global economic downturn and rising internet traffic costs, the company successfully optimized its live streaming services, laying a foundation for sustainable growth in its overseas markets.
Tian Ge Interactive Holdings Limited has announced a final cash dividend of HKD 0.02 per share for the financial year ending December 31, 2024. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and may impact its market positioning by demonstrating financial stability and shareholder confidence.
Tian Ge Interactive Holdings Limited announced the grant of 500,000 Award Shares under its 2024 Share Scheme to an employee, utilizing Excess Share Awards. This move is part of the company’s strategy to incentivize participants and enhance its workforce without diluting existing shareholders’ equity, as no new shares will be issued.
Tian Ge Interactive Holdings Limited announced a significant financial turnaround for the fiscal year 2024, reporting a comprehensive gain of approximately RMB53.1 million compared to a loss of RMB106.6 million in 2023. This positive shift is attributed to the appreciation of the fair value of financial assets due to favorable market conditions, including interest rate cuts and a surge in technology stock prices, as well as an increase in the valuation of unlisted equity investments in sectors aligned with the company’s principal activities.
Tian Ge Interactive Holdings Limited announced the appointment of Mr. Lam Yick Man as an independent non-executive director, effective from March 14, 2025. Mr. Lam has confirmed his independence according to the relevant rules, with no financial or other interests in the company, ensuring compliance with the Stock Exchange’s listing requirements.
Tian Ge Interactive Holdings Limited has announced a board meeting scheduled for March 28, 2025, to discuss and approve the company’s annual financial results for 2024 and consider the payment of a final dividend. This meeting is significant as it will provide insights into the company’s financial health and potential returns for shareholders, impacting its industry positioning and stakeholder interests.
Tian Ge Interactive Holdings Limited has announced the appointment of Mr. Lam Yick Man as an independent non-executive director, effective March 14, 2025. Mr. Lam will also join the company’s audit and remuneration committees. With nearly 20 years of experience in accounting, financial, and investment fields, Mr. Lam’s appointment is expected to strengthen the company’s governance and strategic oversight. His extensive background and qualifications align with the company’s goals, potentially enhancing its market position and stakeholder confidence.
Tian Ge Interactive Holdings Limited has announced the composition of its board of directors effective from March 14, 2025. The board includes executive directors Mr. Fu Zhengjun and Mr. Mai Shi’en, non-executive director Ms. Cao Fei, and independent non-executive directors Mr. Tse Ming Lun Alan, Mr. Wang Mingchun, and Mr. Lam Yick Man. The announcement also details the membership of the board committees, highlighting the roles and responsibilities of each director within the audit, remuneration, and nomination committees. This restructuring may influence the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder relations.
Tian Ge Interactive Holdings Limited announced that its wholly-owned subsidiary, HuaGe, has entered into a Discretionary Account Agreement with a Manager to provide investment management services. The agreement involves a US$20 million investment, funded by the company’s cash reserves, to be managed over two years. The Manager will have comprehensive discretion to manage the portfolio, focusing on diversified investments across various asset classes, including equities, fixed-income products, and funds. The move is aimed at optimizing asset allocation and maximizing investment efficacy by dynamically adjusting to market conditions and trends.
Tian Ge Interactive Holdings Limited has announced the termination of its Discretionary Account Agreement with Forshine Asset Management Limited due to changes in the management team and shareholding structure of Forshine’s holding company. The decision, made amicably between HuaGe Group, a subsidiary of Tian Ge, and Forshine, is not expected to have any material adverse impact on Tian Ge’s financial position or operations.