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FriendTimes Inc. (6820) AI Stock Analysis
FriendTimes Inc.
(HKEX:6820)
Mixed financial performance driven by revenue and profitability challenges but supported by a low-debt balance sheet is the primary factor; bearish technical momentum adds pressure while strong valuation provides offset.
FriendTimes Inc. (6820) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 700.42M
- Dividend Yield
- 5.97%
- Average Volume (3M)
- 400.19K
- Price to Earnings (P/E)
- 4.8
- Beta (1Y)
- 0.65
- Revenue Growth
- 0.50%
- EPS Growth
- 101.22%
- Country
- Hong Kong
- Employees
- 854
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Electronic Gaming & Multimedia
FriendTimes Inc. Business Overview & Revenue Model
Company Description
FriendTimes Inc., along with its affiliated entities, is a global enterprise primarily focused on the development, release, and ongoing management of mobile games. Operating within the People's Republic of China and across international markets, the...
How the Company Makes Money
FriendTimes Inc. has historically generated revenue primarily from the commercialization of its mobile games and related online services. Key revenue streams have included: (1) in-game purchases (virtual items, premium content, and other paid feature...
FriendTimes Inc. Financial Statement Overview
Summary
Mixed results: weak income statement with revenue volatility and inconsistent profitability offset by strong balance sheet with low debt and recent cash flow recovery.
Income Statement
35NegativeBalance Sheet
75PositiveCash Flow
45Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.22B | 1.25B | 1.16B | 1.06B | 1.52B | 1.62B |
| Gross Profit | 902.82M | 911.31M | 813.52M | 702.40M | 1.04B | 1.09B |
| EBITDA | 23.95M | 75.90M | -3.93M | -43.17M | 25.21M | 256.61M |
| Net Income | 123.31M | 93.17M | -48.86M | -138.12M | 25.11M | 275.48M |
Balance Sheet | ||||||
| Total Assets | 1.48B | 1.44B | 1.40B | 1.47B | 1.61B | 1.81B |
| Cash, Cash Equivalents and Short-Term Investments | 745.55M | 851.15M | 786.36M | 949.27M | 946.14M | 1.05B |
| Total Debt | 82.04M | 71.06M | 149.42M | 147.88M | 1.37M | 1.12M |
| Total Liabilities | 206.11M | 194.68M | 252.40M | 262.05M | 116.23M | 160.32M |
| Stockholders Equity | 1.27B | 1.24B | 1.15B | 1.20B | 1.50B | 1.65B |
Cash Flow | ||||||
| Free Cash Flow | 61.68M | 114.92M | -53.13M | -49.92M | 117.20M | 199.48M |
| Operating Cash Flow | 63.36M | 117.19M | -52.83M | -46.29M | 155.21M | 262.66M |
| Investing Cash Flow | 61.11M | -202.92M | 5.86M | 60.11M | -278.04M | -385.54M |
| Financing Cash Flow | -76.11M | -93.25M | -15.31M | -21.70M | -225.36M | -217.04M |
FriendTimes Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6820, the sentiment is Negative. The current price of 0.34 is below the 20-day moving average (MA) of 0.35, below the 50-day MA of 0.36, and below the 200-day MA of 0.43, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 43.48 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6820.
FriendTimes Inc. Peers Comparison
Overall Rating
HK:266077Outperform- HK:682055Neutral
HK:043451Neutral
HK:030242Neutral
HK:111941Neutral
HK:686037Underperform
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% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| HK:6820 | 55Neutral | HKD 730.58M | 4.82 | 9.81% | 5.97% | 0.50% | 101.22% |
| HK:0434 | 51Neutral | HKD 1.84B | -1.52 | -45.89% | 1.42% | 3.44% | -228.78% |
| 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% | ― |
| HK:6860 | 37Underperform | HKD 176.65M | -2.20 | -9.03% | ― | -27.61% | -348.17% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:6820 | FriendTimes Inc. | 0.34 | -0.17 | -33.93% | |
| HK:0434 | Boyaa Interactive International | 2.58 | -2.68 | -51.05% | |
| 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:6860 | FingerTango, Inc. | 0.10 | -0.10 | -50.00% |
FriendTimes Inc. Corporate Events
FriendTimes Profit Surges Despite Slight Revenue Dip in First-Half 2026
FriendTimes Inc. reported interim revenue of RMB599.5 million for the six months ended 30 June 2026, down 3.8% year on year, while gross profit slipped 1.9% to RMB450.6 million, reflecting a mild softening in its core mobile gaming business. Profit f...
FriendTimes Sets August Board Meeting to Approve Interim Results
FriendTimes Inc. has scheduled a board meeting for 18 August 2026 to review and approve the group’s interim results for the six months ended 30 June 2026, and to authorize their publication. The board will also consider declaring an interim div...
FriendTimes Signals Up to 82% Surge in Interim Profit on Investment Gains
FriendTimes Inc., a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange, operates as a public investment-oriented group whose earnings are closely linked to the fair value of its financial assets and related investment in...
FriendTimes Chairman Lifts Stake, Reaffirming Confidence in Long-Term Prospects
FriendTimes Inc.’s controlling shareholder and chairman, Mr. Jiang Xiaohuang, has increased his interest in the company through Warm Sunshine Holdings, which bought 1,230,000 shares on the open market, lifting its stake to 197,086,000 shares. A...
FriendTimes’ Controlling Shareholder Lifts Stake Without Triggering Takeover Obligations
FriendTimes Inc. has announced that controlling shareholder and chairman Jiang Xiaohuang has increased his stake in the company via Warm Sunshine Holdings Limited, which bought 792,000 shares on the open market on 29 June 2026. The purchase lifted Wa...
FriendTimes Controlling Shareholder Lifts Stake Without Triggering Takeover Offer
FriendTimes Inc. has disclosed that its controlling shareholder, via Warm Sunshine Holdings Limited, acquired 3,990,000 shares in the open market on 26 June 2026, raising its stake to about 57.34% of the company’s issued share capital. The boar...
FriendTimes Chairman Boosts Stake, Signaling Confidence in Long-Term Prospects
FriendTimes Inc. has disclosed that Warm Sunshine Holdings Limited, a vehicle linked to chairman and controlling shareholder Jiang Xiaohuang, purchased 1,320,000 shares on the open market on 23 June 2026. The transaction raised Warm Sunshine’s...
FriendTimes Lifts Share Purchases Under Award Scheme to 4.5% of Capital
FriendTimes Inc. has reported that, in the first half of 2026, shares purchased by its appointed trustee under the company’s share award scheme amounted to about 0.3% of its total share capital. Over the longer period from 28 August 2023 to 17...
FriendTimes places RMB98 million in principal-protected structured deposits with Zheshang Bank
FriendTimes Inc. said its subsidiaries Cheeryoo Network and FriendTimes Technology have subscribed to four principal-protected, floating-return, closed-end structured deposits issued by Zheshang Bank’s Suzhou New District sub-branch between 2 J...
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 22, 2026