GoAI
Get started
Joy Spreader Group Inc. logo

Joy Spreader Group Inc.

6988.HK

HKSETechnologySoftware - Application

Open in GoAI

Latest quote

HK$0.047

−HK$0.003 · -6.00%

Aug 24, 4:08 PM HKT

6988.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Joy Spreader Group Inc., a marketing technology company, provides digital marketing and related services in Mainland China and Hong Kong. It operates through Provision of Performance Based We-Media Marketing Services; Sales of E-commerce Goods; and Others segments. The company offers performance-based we-media marketing services for various products, including e-commerce goods, mobile applications, mobile games, online literature, etc.; sells e-commerce goods; and offers culture related services. It is also involved in the trading business. The company was founded in 2008 and is headquartered in Beijing, the People’s Republic of China.

Industry
Software - Application
Sector
Technology
Headquarters
CN
CEO
Zinan Zhu
Listed since
Sep 23, 2020
Employees
50

Market position

Day range

Current HK$0.047

52-week range

Current HK$0.047

Open
HK$0.047
Previous close
HK$0.05
Volume
3.34M
0.92× average
Average volume
3.63M
Average daily volume
Market cap
111.48M HKD
Beta
1.15
Market reference 1
50-day average
HK$0.0559
-15.86% below average
200-day average
HK$0.0927
-49.30% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-0.69×
P/B (TTM)
0.23×
P/S (TTM)
9.54×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-104.04%
Operating margin
-1355.71%
Net margin
-1385.80%

Financial health

Debt / equity
0.02×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends174%-393%-960%-1528%Gross margin, FY2021: 32.37%Gross margin, FY2022: 11.73%Gross margin, FY2023: 8.78%Gross margin, FY2024: -2.90%Gross margin, FY2025: -104.04%Operating margin, FY2021: 18.63%Operating margin, FY2022: -10.22%Operating margin, FY2023: -15.75%Operating margin, FY2024: -952.31%Operating margin, FY2025: -1355.71%Net margin, FY2021: 17.53%Net margin, FY2022: -9.10%Net margin, FY2023: -15.42%Net margin, FY2024: -942.95%Net margin, FY2025: -1385.80%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 32.37%. Gross margin FY2022 11.73%. Gross margin FY2023 8.78%. Gross margin FY2024 -2.90%. Gross margin FY2025 -104.04%. Operating margin FY2021 18.63%. Operating margin FY2022 -10.22%. Operating margin FY2023 -15.75%. Operating margin FY2024 -952.31%. Operating margin FY2025 -1355.71%. Net margin FY2021 17.53%. Net margin FY2022 -9.10%. Net margin FY2023 -15.42%. Net margin FY2024 -942.95%. Net margin FY2025 -1385.80%.

Income trends

Revenue

11.68M HKD-89.69%

Operating income

−158.4M HKD+85.32%

Net income

−161.92M HKD+84.85%
Income trends across reported periods5.7B HKD3.24B HKD769.84M HKD−1.7B HKDRevenue, FY2021: 1.4B HKDRevenue, FY2022: 3.72B HKDRevenue, FY2023: 5.08B HKDRevenue, FY2024: 113.31M HKDRevenue, FY2025: 11.68M HKDOperating income, FY2021: 260.01M HKDOperating income, FY2022: −380.82M HKDOperating income, FY2023: −800.59M HKDOperating income, FY2024: −1.08B HKDOperating income, FY2025: −158.4M HKDNet income, FY2021: 244.64M HKDNet income, FY2022: −339.12M HKDNet income, FY2023: −784.17M HKDNet income, FY2024: −1.07B HKDNet income, FY2025: −161.92M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.4B HKD. Revenue FY2022 3.72B HKD. Revenue FY2023 5.08B HKD. Revenue FY2024 113.31M HKD. Revenue FY2025 11.68M HKD. Operating income FY2021 260.01M HKD. Operating income FY2022 −380.82M HKD. Operating income FY2023 −800.59M HKD. Operating income FY2024 −1.08B HKD. Operating income FY2025 −158.4M HKD. Net income FY2021 244.64M HKD. Net income FY2022 −339.12M HKD. Net income FY2023 −784.17M HKD. Net income FY2024 −1.07B HKD. Net income FY2025 −161.92M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue11.68M HKD113.31M HKD5.08B HKD3.72B HKD1.4B HKD
Cost of goods sold23.84M HKD116.6M HKD4.64B HKD3.29B HKD944.04M HKD
Gross profit−12.16M HKD−3.29M HKD446.41M HKD436.96M HKD451.85M HKD
Research and development6.41M HKD3.17M HKD70.01M HKD52.77M HKD71.79M HKD
Selling, general, and administrative142.8M HKD1.11B HKD1.2B HKD714.05M HKD116.79M HKD
Operating expenses146.25M HKD1.08B HKD1.27B HKD777.1M HKD189.44M HKD
Interest income4.95M HKD7.44M HKD8.96M HKD12.74M HKD8.91M HKD
Interest expense711K HKD1.22M HKD2.3M HKD1.78M HKD1.01M HKD
Depreciation and amortization17.36M HKD28.29M HKD40.94M HKD30.25M HKD20.15M HKD
Operating income−158.4M HKD−1.08B HKD−800.59M HKD−380.82M HKD260.01M HKD
Net income−161.92M HKD−1.07B HKD−784.17M HKD−339.12M HKD244.64M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.07-0.01-0.1-0.19Q1 '22Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25
Q1 2022, reported Mar 20, 2022: actual 0.017, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual 0.035, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 31, 2023: actual -0.041, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual -0.082, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.075, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual -0.15, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.018, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual -0.018, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates9.63B6.42B3.21B3.78MQ1 '22No estimateQ3 '22No estimateQ1 '23MissQ3 '23No estimateQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimate
Q1 2022, reported Mar 20, 2022: actual 683.35M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual 1.37B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 31, 2023: actual 1.07B HKD, estimate 7.1B HKD, surprise -84.86%, Miss. Q3 2023, reported Aug 31, 2023: actual 2.15B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 55.61M HKD, estimate 8.92B HKD, surprise -99.38%, Miss. Q3 2024, reported Aug 30, 2024: actual 111.23M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 4.45M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 4.45M HKD, estimate —, surprise —, Comparison unavailable.

6988.HK peers

Xiaomi Corporation logo

1810.HK

Xiaomi Corporation

HK$27.82

-4.14%

Semiconductor Manufacturing International Corporation logo

0981.HK

Semiconductor Manufacturing International Corporation

HK$66.75

-7.93%

NetEase, Inc. logo

9999.HK

NetEase, Inc.

HK$194.9

-3.51%

Xiaomi Corporation logo

81810.HK

Xiaomi Corporation

CN¥23.90

-3.78%

Z.AI Co. Ltd. logo

2513.HK

Z.AI Co. Ltd.

HK$1,007

-10.81%

Gigadevice logo

3986.HK

Gigadevice

HK$471

-6.36%

Continue in GoAI

Research 6988.HK

research.disclaimer