iDreamSky Technology Holdings Limited logo

iDreamSky Technology Holdings Limited

1119.HK

HKSETechnologyElectronic Gaming & Multimedia

Latest quote

HK$0.405

+HK$0.01 · +2.53%

Aug 24, 11:03 AM HKT

1119.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Established in 2009 and headquartered in Shenzhen, China, iDreamSky Technology Holdings Limited operates as an investment holding company and a leading digital entertainment platform, with its primary focus on the Chinese game publishing market. The company's operations are divided into two main divisions: Game and Information Services, and Experiential Retail Business. Through its Game and Information Services segment, iDreamSky distributes a diverse portfolio of both internally developed and licensed third-party games to players. These titles are made accessible via various channels, including prominent mobile application stores, software distribution platforms, and collaborations with other game publishers. This division also provides in-game information, comprehensive mobile game development, ongoing support such as content updates and maintenance services, and advertising solutions. The Experiential Retail Business arm offers immersive game console experiences and retails popular merchandise themed around gaming and cultural intellectual properties. Beyond these core activities, iDreamSky is also involved in developing internet and software technologies, and extends its services to areas like financing, cultural initiatives, sports, entertainment, and general internet information.

Industry
Electronic Gaming & Multimedia
Sector
Technology
Headquarters
CN
CEO
Xiangyu Chen
Listed since
Dec 6, 2018
Employees
654

Market position

Day range

Current HK$0.405

52-week range

Current HK$0.405

Open
HK$0.39
Previous close
HK$0.395
Volume
3.2M
0.93× average
Average volume
3.43M
Average daily volume
Market cap
827.64M HKD
Beta
0.53
Market reference 1
50-day average
HK$0.3045
+33.00% above average
200-day average
HK$0.473
-14.37% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.03B CNY
P/E (TTM)
39.45×
P/B (TTM)
0.28×
P/S (TTM)
0.53×
EV / EBITDA
18.31×
Earnings yield
1.72%
Free cash flow yield
0.85%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
39.79%
Operating margin
1.62%
Net margin
1.19%
Return on equity
0.95%
Return on assets
0.44%
Return on invested capital
0.61%

Financial health

Debt / equity
0.79×
Current ratio
0.95×
Altman Z-score
-0.6
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends56%0%-55%-110%Gross margin, FY2021: 41.83%Gross margin, FY2022: 15.43%Gross margin, FY2023: 35.14%Gross margin, FY2024: 28.20%Gross margin, FY2025: 39.79%Operating margin, FY2021: -0.63%Operating margin, FY2022: -89.37%Operating margin, FY2023: -9.15%Operating margin, FY2024: -22.82%Operating margin, FY2025: 1.62%Net margin, FY2021: -5.97%Net margin, FY2022: -96.06%Net margin, FY2023: -29.03%Net margin, FY2024: -34.94%Net margin, FY2025: 1.19%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 41.83%. Gross margin FY2022 15.43%. Gross margin FY2023 35.14%. Gross margin FY2024 28.20%. Gross margin FY2025 39.79%. Operating margin FY2021 -0.63%. Operating margin FY2022 -89.37%. Operating margin FY2023 -9.15%. Operating margin FY2024 -22.82%. Operating margin FY2025 1.62%. Net margin FY2021 -5.97%. Net margin FY2022 -96.06%. Net margin FY2023 -29.03%. Net margin FY2024 -34.94%. Net margin FY2025 1.19%.

Income trends

Revenue

1.34B CNY-11.60%

Operating income

21.67M CNY+367.03M CNY

Net income

15.94M CNY+544.77M CNY
Income trends across reported periods3.15B CNY1.1B CNY−953.31M CNY−3.01B CNYRevenue, FY2021: 2.64B CNYRevenue, FY2022: 2.59B CNYRevenue, FY2023: 1.92B CNYRevenue, FY2024: 1.51B CNYRevenue, FY2025: 1.34B CNYOperating income, FY2021: −16.58M CNYOperating income, FY2022: −2.32B CNYOperating income, FY2023: −175.29M CNYOperating income, FY2024: −345.36M CNYOperating income, FY2025: 21.67M CNYNet income, FY2021: −157.48M CNYNet income, FY2022: −2.49B CNYNet income, FY2023: −556.35M CNYNet income, FY2024: −528.83M CNYNet income, FY2025: 15.94M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.64B CNY. Revenue FY2022 2.59B CNY. Revenue FY2023 1.92B CNY. Revenue FY2024 1.51B CNY. Revenue FY2025 1.34B CNY. Operating income FY2021 −16.58M CNY. Operating income FY2022 −2.32B CNY. Operating income FY2023 −175.29M CNY. Operating income FY2024 −345.36M CNY. Operating income FY2025 21.67M CNY. Net income FY2021 −157.48M CNY. Net income FY2022 −2.49B CNY. Net income FY2023 −556.35M CNY. Net income FY2024 −528.83M CNY. Net income FY2025 15.94M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.34B CNY1.51B CNY1.92B CNY2.59B CNY2.64B CNY
Cost of goods sold805.69M CNY1.09B CNY1.24B CNY2.31B CNY1.53B CNY
Gross profit532.4M CNY426.79M CNY673.46M CNY400.46M CNY1.1B CNY
Research and development82.94M CNY165.13M CNY239.95M CNY322.75M CNY330.09M CNY
Selling, general, and administrative326.63M CNY322.98M CNY339.71M CNY1.18B CNY759.81M CNY
Operating expenses510.73M CNY772.15M CNY848.75M CNY2.72B CNY1.12B CNY
Interest income2.77M CNY3.86M CNY6.21M CNY8.78M CNY5.25M CNY
Interest expense69.62M CNY104.21M CNY143.12M CNY128.8M CNY134.42M CNY
Depreciation and amortization56.29M CNY105.84M CNY117.77M CNY250.84M CNY200.08M CNY
Operating income21.67M CNY−345.36M CNY−175.29M CNY−2.32B CNY−16.58M CNY
Net income15.94M CNY−528.83M CNY−556.35M CNY−2.49B CNY−157.48M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 5 misses, 0 met estimates
Average EPS surprise
-164.81%
5 comparable reports
Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.9-0.1-1.09-2.08Q3 '22MissQ1 '23MissQ3 '23No estimateQ1 '24No estimateQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 30, 2022: actual -0.176, estimate 0.69, surprise -125.46%, Miss. Q1 2023, reported Mar 29, 2023: actual -1.88, estimate 0.69, surprise -372.35%, Miss. Q3 2023, reported Aug 30, 2023: actual 0.032, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.465, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -0.075, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual -0.277, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 0.022, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual -0.009, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.39B3.8B2.2B604.41MQ3 '22MissQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 30, 2022: actual 1.62B HKD, estimate 5.05B HKD, surprise -67.93%, Miss. Q1 2023, reported Mar 29, 2023: actual 1.54B HKD, estimate 3.07B HKD, surprise -49.88%, Miss. Q3 2023, reported Aug 30, 2023: actual 1.21B HKD, estimate 2.51B HKD, surprise -51.75%, Miss. Q1 2024, reported Mar 28, 2024: actual 892.82M HKD, estimate 2.51B HKD, surprise -64.37%, Miss. Q3 2024, reported Aug 29, 2024: actual 908.14M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 711.07M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 751.5M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 725.67M HKD, estimate —, surprise —, Comparison unavailable.

1119.HK peers

ETFs holding 1119.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 1119.HK

research.disclaimer