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Ourgame International Holdings Ltd (6899) AI Stock Analysis
Ourgame International Holdings Ltd
(HKEX:6899)
The overall score is held down primarily by a fragile financial profile marked by persistent losses and negative cash flows despite acceptable gross margins and modest leverage, while neutral-to-weak technicals and an uncertain valuation without P/E or yield data provide little offsetting support.
Ourgame International Holdings Ltd (6899) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 242.30M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- -2.4
- Beta (1Y)
- -0.53
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 159
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Electronic Gaming & Multimedia
Ourgame International Holdings Ltd Business Overview & Revenue Model
Company Description
Ourgame International Holdings Limited functions as an investment holding entity primarily engaged in the creation and management of online card and board games, catering to both the Chinese and global markets. The company operates through two main d...
How the Company Makes Money
Ourgame generates revenue primarily through the monetization of its gaming platforms, which includes in-game purchases, subscriptions, and advertising. The company benefits from a freemium model, where users can access basic game features for free bu...
Ourgame International Holdings Ltd Financial Statement Overview
Summary
Financial performance is weak overall, with persistent net and operating losses, structurally negative EBIT/EBITDA margins, and consistently negative operating and free cash flow, only partly offset by decent gross margins and modest leverage with positive but eroding equity.
Income Statement
22NegativeBalance Sheet
38NegativeCash Flow
18Very Negative| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 85.27M | 92.19M | 89.00M | 217.71M | 143.81M | 110.41M |
| Gross Profit | 41.68M | 46.32M | 44.88M | 83.92M | 56.15M | 24.66M |
| EBITDA | -41.32M | -82.50M | -69.93M | -50.30M | -107.60M | -269.03M |
| Net Income | -104.51M | -89.19M | -62.77M | -29.61M | -135.32M | -396.67M |
Balance Sheet | ||||||
| Total Assets | 66.47M | 100.48M | 187.46M | 773.60M | 810.02M | 735.37M |
| Cash, Cash Equivalents and Short-Term Investments | 12.73M | 13.64M | 35.46M | 571.89M | 616.65M | 79.42M |
| Total Debt | 13.50M | 9.94M | 5.30M | 59.73M | 57.19M | 89.71M |
| Total Liabilities | 34.30M | 33.59M | 36.57M | 107.38M | 122.04M | 247.48M |
| Stockholders Equity | 35.45M | 73.26M | 161.83M | 283.49M | 279.59M | 240.95M |
Cash Flow | ||||||
| Free Cash Flow | -28.25M | -22.20M | -16.07M | -86.13M | -121.37M | -71.23M |
| Operating Cash Flow | -27.00M | -21.73M | -15.43M | -81.87M | -115.16M | -23.10M |
| Investing Cash Flow | 5.17M | 1.48M | -31.82M | -476.17M | 668.46M | -106.79M |
| Financing Cash Flow | -5.69M | -1.57M | -4.59M | -15.06M | -45.96M | 52.36M |
Ourgame International Holdings Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6899, the sentiment is Negative. The current price of 0.23 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.23, and above the 200-day MA of 0.23, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 52.99 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6899.
Ourgame International Holdings Ltd Peers Comparison
Overall Rating
HK:266077Outperform
HK:682061Neutral
HK:043453Neutral
HK:210048Neutral- HK:689948Neutral
HK:030242Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:2660 | 77Outperform | HKD 2.47B | 6.05 | 13.07% | 16.95% | 18.51% | 13.18% |
| HK:6820 | 61Neutral | HKD 730.58M | 4.81 | 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 1.84B | -1.52 | -45.89% | 1.42% | 3.44% | -228.78% |
| HK:2100 | 48Neutral | HKD 677.39M | -5.45 | -7.16% | 4.90% | 42.65% | -1303.33% |
| HK:6899 | 48Neutral | HKD 242.30M | -2.38 | -75.88% | ― | ― | ― |
| HK:0302 | 42Neutral | HKD 511.41M | -0.45 | -38.88% | ― | -30.74% | 64.20% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:6899 | Ourgame International Holdings Ltd | 0.23 | -0.10 | -30.30% | |
| HK:2100 | BAIOO Family Interactive | 0.24 | -0.26 | -51.29% | |
| HK:0434 | Boyaa Interactive International | 2.58 | -2.40 | -48.24% | |
| HK:2660 | Zengame Technology Holding Ltd. | 2.36 | 0.23 | 10.59% | |
| HK:0302 | CMGE Technology Group Limited | 0.16 | -0.22 | -56.84% | |
| HK:6820 | FriendTimes Inc. | 0.34 | -0.17 | -33.93% |
Ourgame International Holdings Ltd Corporate Events
Ourgame Sues Former CEO Over HK$5 Million Loan and Alleged Asset Misappropriation
Ourgame International Holdings Limited has launched legal proceedings in the High Court of Hong Kong against its former executive director and chief executive officer, Ng Kwok Leung Frank, seeking repayment of a HK$5 million loan plus interest and re...
Ourgame International Announces Board Changes with New Appointment and Resignation
Ourgame International Holdings Ltd has announced the appointment of Mr. Luo Ning as a non-executive director, effective December 15, 2025. Mr. Luo brings extensive experience in the telecommunications sector, having held significant positions in vari...
Ourgame International Announces New Board and Committees
Ourgame International Holdings Ltd has announced a new board of directors and the establishment of four key committees effective from December 15, 2025. This strategic move is expected to enhance the company’s governance and risk management, po...
Ourgame International Acquires Majority Stake in Target Company
Ourgame International Holdings Ltd, through its wholly-owned subsidiary Beijing Lianzhong, has entered into an Investment Agreement to acquire a 51% stake in a target company for RMB31.20 million. This transaction, classified as a discloseable transa...
Ourgame International Expands into AI and Drone Ecosystem with Strategic Investment
Ourgame International Holdings Ltd has announced a strategic investment in Beijing Sanzuwu Consulting Co., Ltd., acquiring a 51% stake to expand its presence in the AI and low-altitude economy ecosystem. This move is set to enhance Ourgame’s ca...
Ourgame International Announces Major Shareholding Changes
Ourgame International Holdings Ltd announced a significant change in its shareholding structure, with Mr. Li Yangyang and Choi Shun Investment Limited disposing of their entire stake, totaling approximately 16.59% of the company’s issued shares...
Ourgame International Clarifies Statement and Resumes Trading
Ourgame International Holdings Ltd announced a clarification regarding a previous statement, correcting that Allied Gaming & Entertainment Inc. is an associate, not a subsidiary, of the group. Following this clarification, the company has resumed...
Ourgame International Trading Halt Announced
Ourgame International Holdings Limited has announced a trading halt on its shares on the Hong Kong Stock Exchange. This pause, effective from October 15, 2025, is pending a clarification announcement related to a previous voluntary announcement made...
Ourgame International Embraces Blockchain with Strategic Crypto Investment
Ourgame International Holdings Ltd has announced a strategic investment in cryptocurrencies through its subsidiary, Allied Gaming & Entertainment Inc. This move marks the beginning of a comprehensive digitalization strategy to incorporate blockch...
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: Dec 11, 2025