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Forgame Holdings Limited logo

Forgame Holdings Limited

0484.HK

HKSETechnologyElectronic Gaming & Multimedia

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Latest quote

HK$0.85

+HK$0.10 · +13.33%

Aug 24, 9:24 AM HKTData delayed

0484.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Forgame Holdings Limited functions as an investment holding company, primarily engaged in the creation, management, and distribution of online and mobile gaming titles for both the Chinese domestic market and an international audience. Its business is bifurcated into two main divisions: the core Game Business and the Electronic Device and Semiconductor Business. Beyond its gaming endeavors, the company actively trades in electronic devices and semiconductors, and it extends its expertise to providing information technology and software development services. Founded in 2009, Forgame Holdings is headquartered in Shenzhen, People's Republic of China.

Industry
Electronic Gaming & Multimedia
Sector
Technology
Headquarters
CN
CEO
Yuzhi Cui
Listed since
Oct 3, 2013
Employees
33

Market position

52-week range

Current HK$0.85

Open
HK$0.85
Previous close
HK$0.75
Volume
14K
0.49× average
Average volume
28.71K
Average daily volume
Market cap
143.1M HKD
Beta
0.48
Market reference 1
50-day average
HK$0.697
+21.95% above average
200-day average
HK$0.7922
+7.30% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-2.97×
P/B (TTM)
0.31×
P/S (TTM)
0.96×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
6.04%
Operating margin
-39.36%
Net margin
-33.32%

Financial health

Debt / equity
0.01×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends51%6%-39%-84%Gross margin, FY2021: 9.57%Gross margin, FY2022: 5.06%Gross margin, FY2023: 40.04%Gross margin, FY2024: 9.20%Gross margin, FY2025: 5.05%Operating margin, FY2021: -13.09%Operating margin, FY2022: -52.76%Operating margin, FY2023: -63.64%Operating margin, FY2024: -72.85%Operating margin, FY2025: -31.86%Net margin, FY2021: 12.35%Net margin, FY2022: -17.62%Net margin, FY2023: -29.28%Net margin, FY2024: -71.82%Net margin, FY2025: -30.34%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 9.57%. Gross margin FY2022 5.06%. Gross margin FY2023 40.04%. Gross margin FY2024 9.20%. Gross margin FY2025 5.05%. Operating margin FY2021 -13.09%. Operating margin FY2022 -52.76%. Operating margin FY2023 -63.64%. Operating margin FY2024 -72.85%. Operating margin FY2025 -31.86%. Net margin FY2021 12.35%. Net margin FY2022 -17.62%. Net margin FY2023 -29.28%. Net margin FY2024 -71.82%. Net margin FY2025 -30.34%.

Income trends

Revenue

155.57M HKD+88.38%

Operating income

−49.56M HKD+17.62%

Net income

−47.19M HKD+20.42%
Income trends across reported periods177.15M HKD90.84M HKD4.53M HKD−81.78M HKDRevenue, FY2021: 142.14M HKDRevenue, FY2022: 114.12M HKDRevenue, FY2023: 60.17M HKDRevenue, FY2024: 82.58M HKDRevenue, FY2025: 155.57M HKDOperating income, FY2021: −18.6M HKDOperating income, FY2022: −60.21M HKDOperating income, FY2023: −38.29M HKDOperating income, FY2024: −60.16M HKDOperating income, FY2025: −49.56M HKDNet income, FY2021: 17.55M HKDNet income, FY2022: −20.11M HKDNet income, FY2023: −17.62M HKDNet income, FY2024: −59.31M HKDNet income, FY2025: −47.19M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 142.14M HKD. Revenue FY2022 114.12M HKD. Revenue FY2023 60.17M HKD. Revenue FY2024 82.58M HKD. Revenue FY2025 155.57M HKD. Operating income FY2021 −18.6M HKD. Operating income FY2022 −60.21M HKD. Operating income FY2023 −38.29M HKD. Operating income FY2024 −60.16M HKD. Operating income FY2025 −49.56M HKD. Net income FY2021 17.55M HKD. Net income FY2022 −20.11M HKD. Net income FY2023 −17.62M HKD. Net income FY2024 −59.31M HKD. Net income FY2025 −47.19M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue155.57M HKD82.58M HKD60.17M HKD114.12M HKD142.14M HKD
Cost of goods sold147.72M HKD74.99M HKD36.08M HKD108.34M HKD128.54M HKD
Gross profit7.85M HKD7.6M HKD24.09M HKD5.77M HKD13.6M HKD
Research and development22.19M HKD21.41M HKD26.62M HKD31.59M HKD7.99M HKD
Selling, general, and administrative35.22M HKD46.35M HKD36.16M HKD34.53M HKD24.14M HKD
Operating expenses57.41M HKD67.76M HKD62.64M HKD65.98M HKD32.2M HKD
Interest income355.55K HKD1.6M HKD3.24M HKD993K HKD1.63M HKD
Interest expense118.84K HKD101K HKD303K HKD395K HKD218K HKD
Depreciation and amortization20.31M HKD28.25M HKD30.22M HKD21.68M HKD1.13M HKD
Operating income−49.56M HKD−60.16M HKD−38.29M HKD−60.21M HKD−18.6M HKD
Net income−47.19M HKD−59.31M HKD−17.62M HKD−20.11M HKD17.55M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.41

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.18-0.03-0.24-0.46Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.128, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.141, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 26, 2022: actual 0.087, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 24, 2023: actual -0.244, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual -0.025, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.111, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual -0.028, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.412, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.38B928.94M475.21M21.47MQ2 '21No estimateQ4 '21No estimateQ3 '22MissQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimate
Q2 2021, reported Jun 30, 2021: actual 111.66M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 60.16M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 26, 2022: actual 40.4M HKD, estimate 1.28B HKD, surprise -96.85%, Miss. Q1 2023, reported Mar 24, 2023: actual 90.67M HKD, estimate 1.28B HKD, surprise -92.93%, Miss. Q3 2023, reported Aug 25, 2023: actual 25.26M HKD, estimate 1.28B HKD, surprise -98.03%, Miss. Q1 2024, reported Mar 28, 2024: actual 40.74M HKD, estimate 1.28B HKD, surprise -96.82%, Miss. Q3 2024, reported Aug 30, 2024: actual 40.16M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 48.07M HKD, estimate —, surprise —, Comparison unavailable.

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