Zengame Technology Holding Ltd. AI Stock Analysis
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Zengame Technology Holding Ltd. (2660) AI Stock Analysis
Zengame Technology Holding Ltd.
(HKEX:2660)
Zengame Technology scores well overall thanks to strong profitability, a very conservative balance sheet, and continued positive cash generation, but the score is moderated by margin and cash flow deterioration and declining returns on equity, while the extremely cheap valuation and high dividend yield support the rating despite only modestly constructive technical signals.
Zengame Technology Holding Ltd. (2660) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 2.52B
- Dividend Yield
- 17.02%
- Average Volume (3M)
- 261.44K
- Price to Earnings (P/E)
- 6.1
- Beta (1Y)
- 0.35
- Revenue Growth
- 18.51%
- EPS Growth
- 13.18%
- Country
- Hong Kong
- Employees
- 434
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Electronic Gaming & Multimedia
Zengame Technology Holding Ltd. Business Overview & Revenue Model
Company Description
Zengame Technology Holding Limited is a company dedicated to the creation and operation of mobile gaming platforms within the People's Republic of China. Their portfolio includes various casual mobile titles, with a particular emphasis on card and bo...
How the Company Makes Money
Zengame Technology primarily makes money from operating and publishing its mobile games. Its core revenue stream is in-game monetization, where players download and play games (often for free) and then purchase virtual items, in-game currency, subscr...
Zengame Technology Holding Ltd. Financial Statement Overview
Summary
Strong profitability and an extremely conservative balance sheet support a solid overall financial position, though margin compression, lower returns on equity, and a weakening cash flow trend limit the upside of the score.
Income Statement
77PositiveBalance Sheet
88Very PositiveCash Flow
70Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.64B | 1.55B | 1.66B | 2.06B | 1.77B | 1.47B |
| Gross Profit | 847.18M | 785.50M | 918.63M | 1.23B | 1.14B | 905.38M |
| EBITDA | 428.07M | 394.37M | 553.01M | 897.26M | 773.65M | 607.22M |
| Net Income | 333.62M | 347.79M | 430.68M | 725.88M | 680.78M | 500.34M |
Balance Sheet | ||||||
| Total Assets | 2.74B | 2.84B | 2.88B | 2.64B | 2.05B | 1.49B |
| Cash, Cash Equivalents and Short-Term Investments | 2.48B | 2.28B | 2.22B | 1.92B | 1.29B | 1.15B |
| Total Debt | 17.06M | 18.83M | 24.49M | 5.10M | 21.53M | 18.47M |
| Total Liabilities | 214.89M | 249.90M | 316.85M | 320.52M | 284.90M | 262.62M |
| Stockholders Equity | 2.52B | 2.58B | 2.56B | 2.32B | 1.77B | 1.23B |
Cash Flow | ||||||
| Free Cash Flow | 318.79M | 226.51M | 473.36M | 709.00M | 726.05M | 500.28M |
| Operating Cash Flow | 329.69M | 242.40M | 490.03M | 720.85M | 732.35M | 507.06M |
| Investing Cash Flow | 264.89M | -100.41M | -781.80M | -164.37M | -246.83M | -77.01M |
| Financing Cash Flow | -504.45M | -345.43M | -232.65M | -210.13M | -143.85M | -68.63M |
Zengame Technology Holding Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2660, the sentiment is Neutral. The current price of 2.35 is below the 20-day moving average (MA) of 2.37, below the 50-day MA of 2.36, and above the 200-day MA of 2.30, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 47.56 is Neutral, neither overbought nor oversold. The STOCH value of 36.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2660.
Zengame Technology Holding Ltd. Peers Comparison
Overall Rating
- HK:266078Outperform
HK:079969Neutral
HK:682061Neutral
HK:043453Neutral
HK:689941Neutral
HK:111937Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:2660 | 78Outperform | HKD 2.51B | 6.06 | 13.07% | 17.02% | 18.51% | 13.18% |
| HK:0799 | 69Neutral | HKD 3.42B | 5.82 | 17.09% | 4.99% | -1.22% | 1.26% |
| HK:6820 | 61Neutral | HKD 730.58M | 4.83 | 9.81% | 5.97% | 0.50% | 101.22% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| HK:0434 | 53Neutral | HKD 1.85B | -1.52 | -45.89% | 1.42% | 3.44% | -228.78% |
| HK:6899 | 41Neutral | HKD 242.30M | -2.39 | -75.88% | ― | ― | ― |
| HK:1119 | 37Underperform | HKD 664.42M | 99.25 | 0.56% | ― | 4.87% | ― |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2660 | Zengame Technology Holding Ltd. | 2.35 | 0.19 | 8.75% | |
| HK:0799 | Igg (OTC) | 2.97 | -0.12 | -3.95% | |
| HK:0434 | Boyaa Interactive International | 2.58 | -1.77 | -40.74% | |
| HK:1119 | iDreamSky Technology Holdings Limited | 0.32 | -0.41 | -56.85% | |
| HK:6899 | Ourgame International Holdings Ltd | 0.23 | -0.04 | -13.21% | |
| HK:6820 | FriendTimes Inc. | 0.34 | -0.16 | -32.60% |
Zengame Technology Holding Ltd. Corporate Events
Zengame Details RMB387.5 Million Bank and Securities Portfolio
Zengame Technology Holding Ltd. disclosed supplemental details on financial assets held at December 31, 2025, including RMB792.3 million in assets measured at fair value through profit or loss and RMB18.9 million in equity investments measured throug...
Zengame Boosts Treasury Investments with US$15 Million U.S. Notes
Zengame Technology Holding Ltd. has subscribed to U.S. Treasury notes in the open market through JPMorgan Chase Bank, investing about US$15.0 million in securities maturing in October 2029 with a coupon rate of 4.875%. Together with existing money ma...
Zengame lifts revenue on stronger games portfolio but profits ease in first half of 2026
Zengame Technology reported interim results for the six months ended 30 June 2026, posting a 13.4% year-on-year increase in revenue to RMB804.5 million and a 16.9% rise in gross profit, while gross margin improved to 52.9%. However, profit for the pe...
Zengame Shareholders Back Major Option Grants for Top Executives at EGM
Shareholders of Zengame Technology Holding Ltd. approved three ordinary resolutions at an extraordinary general meeting held on August 20, 2026, concerning substantial grants of share options to senior executives. The poll results showed strong major...
Zengame Tech Sets August Board Meeting to Review Interim Results and Dividend
Zengame Technology Holding Ltd. is a Cayman Islands–incorporated company listed in Hong Kong, operating through its subsidiaries as a technology group. It is engaged in the wider tech and digital entertainment ecosystem, overseen by a board comprisin...
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: Nov 07, 2026