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Qingci Games, Inc. (6633) AI Stock Analysis
Qingci Games, Inc.
(HKEX:6633)
The score is driven mainly by a very strong, low‑risk balance sheet and recovering profitability, tempered by highly volatile and historically weak cash flows and a shrinking, uneven revenue base. Positive technical momentum, with the price above key moving averages and supportive trend indicators, adds to the rating but is balanced by already strong recent performance that may limit short‑term upside. A moderate P/E without a dividend keeps valuation neutral, meaning further re‑rating likely depends on sustaining the current earnings and cash‑flow turnaround.
Qingci Games, Inc. (6633) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 2.15B
- Dividend Yield
- ―
- Average Volume (3M)
- 7,333
- Price to Earnings (P/E)
- 4.9
- Beta (1Y)
- -0.02
- Revenue Growth
- -26.58%
- EPS Growth
- 406.66%
- Country
- Hong Kong
- Employees
- 444
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Electronic Gaming & Multimedia
Qingci Games, Inc. Business Overview & Revenue Model
Company Description
Qingci Games Inc. functions as an investment holding company, primarily involved in the creation, release, and ongoing management of mobile games. Its operations span mainland China and extend to international markets. Beyond its in-house publishing...
Qingci Games, Inc. Financial Statement Overview
Summary
Score reflects a mix of a very strong, low‑leverage balance sheet, improving profitability from a higher 2025 profit level, and weak, volatile cash flows that still lag reported earnings and limit overall financial strength.
Income Statement
60NeutralBalance Sheet
82Very PositiveCash Flow
40Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 378.81M | 456.08M | 627.96M | 905.74M | 630.37M | 1.11B |
| Gross Profit | 204.28M | 261.29M | 363.12M | 557.88M | 422.09M | 812.60M |
| EBITDA | -56.64M | 8.97M | 122.00K | -8.72M | 94.57M | 391.48M |
| Net Income | 367.13M | 121.75M | 51.12M | -37.37M | 50.28M | -368.64M |
Balance Sheet | ||||||
| Total Assets | 2.31B | 2.05B | 1.98B | 2.00B | 1.92B | 1.87B |
| Cash, Cash Equivalents and Short-Term Investments | 1.96B | 1.72B | 1.60B | 1.53B | 1.49B | 1.52B |
| Total Debt | 43.80M | 19.76M | 40.53M | 44.37M | 26.80M | 32.56M |
| Total Liabilities | 142.84M | 151.43M | 174.23M | 255.97M | 157.50M | 222.57M |
| Stockholders Equity | 2.17B | 1.91B | 1.82B | 1.75B | 1.76B | 1.65B |
Cash Flow | ||||||
| Free Cash Flow | -77.58M | 24.60M | 5.13M | -6.80M | -34.60M | 194.02M |
| Operating Cash Flow | -73.20M | 27.69M | 9.38M | -3.22M | -20.19M | 199.94M |
| Investing Cash Flow | 36.61M | -6.95M | -84.32M | -487.07M | -156.76M | -425.10M |
| Financing Cash Flow | 7.28M | -20.04M | -11.61M | 9.92M | -46.18M | 957.43M |
Qingci Games, Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6633, the sentiment is Positive. The current price of 3.10 is above the 20-day moving average (MA) of 2.71, above the 50-day MA of 2.96, and above the 200-day MA of 2.81, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 62.76 is Neutral, neither overbought nor oversold. The STOCH value of 98.72 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6633.
Qingci Games, Inc. Peers Comparison
Overall Rating
HK:266077Outperform- HK:663365.1Neutral
HK:079762Neutral
HK:682061Neutral
HK:030242Neutral
HK:111941Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:2660 | 77Outperform | HKD 2.47B | 6.07 | 13.07% | 16.95% | 18.51% | 13.18% |
| HK:6633 | 65Neutral | HKD 2.14B | 4.91 | 17.98% | ― | -26.58% | 406.66% |
| HK:0797 | 62Neutral | HKD 2.74B | 39.18 | 3.71% | ― | 70.60% | ― |
| HK:6820 | 61Neutral | HKD 730.58M | 4.82 | 9.81% | 5.97% | 0.50% | 101.22% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| 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:6633 | Qingci Games, Inc. | 3.10 | 0.26 | 9.15% | |
| HK:1119 | iDreamSky Technology Holdings Limited | 0.30 | -0.52 | -63.25% | |
| HK:2660 | Zengame Technology Holding Ltd. | 2.36 | 0.20 | 9.21% | |
| HK:0302 | CMGE Technology Group Limited | 0.16 | -0.24 | -59.00% | |
| HK:6820 | FriendTimes Inc. | 0.34 | -0.17 | -33.93% | |
| HK:0797 | 7Road Holdings Limited | 1.11 | 0.43 | 61.59% |
Qingci Games, Inc. Corporate Events
Qingci Games Renews Key Connected Deals With G-bits Under Stricter HKEX Oversight
Qingci Games Inc. has renewed its key connected transactions with major shareholder G-bits, signing new framework agreements for property leasing, administrative services and game cooperation effective through 2026. These arrangements govern right-of...
Qingci Games Boosts Profit on Higher Monetization Despite Slowing User Growth
Qingci Games reported interim unaudited results for the six months ended June 30, 2026 that highlight a mixed operating picture for the Hong Kong–listed game developer. While revenue fell 31% year on year to RMB169.7 million and gross profit de...
Qingci Games Sets Board Meeting to Approve 2026 Interim Results and Consider Dividend
Qingci Games Inc. has scheduled a board meeting for August 27, 2026 to review and approve the interim results for the six months ended June 30, 2026, covering the performance of the company and its subsidiaries. The board will also consider whether t...
Qingci Games Forecasts Profit Surge on Investment Gains Amid Strategic Game Expansion
Qingci Games Inc. expects a sharp jump in net profit for the first half of 2026, forecasting RMB305 million to RMB335 million versus RMB72.7 million a year earlier, mainly driven by higher fair value gains on short-term investments. This profit surge...
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: Aug 17, 2026