6820 Stock Overview
FriendTimes Inc., through its subsidiaries, develops, publishes, and operates mobile games in the People’s Republic of China and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.19|
|52 Week High||HK$2.75|
|52 Week Low||HK$1.00|
|1 Month Change||-4.03%|
|3 Month Change||-2.46%|
|1 Year Change||-54.41%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-21.71%|
Recent News & Updates
FriendTimes (HKG:6820) Has Announced A Dividend Of HK$0.12
FriendTimes Inc. ( HKG:6820 ) has announced that it will pay a dividend of HK$0.12 per share on the 8th of June. Based...
|6820||HK Entertainment||HK Market|
Return vs Industry: 6820 underperformed the Hong Kong Entertainment industry which returned -50.7% over the past year.
Return vs Market: 6820 underperformed the Hong Kong Market which returned -24% over the past year.
|6820 Average Weekly Movement||8.5%|
|Entertainment Industry Average Movement||10.9%|
|Market Average Movement||8.0%|
|10% most volatile stocks in HK Market||15.1%|
|10% least volatile stocks in HK Market||3.9%|
Stable Share Price: 6820 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 6820's weekly volatility (9%) has been stable over the past year.
About the Company
FriendTimes Inc., through its subsidiaries, develops, publishes, and operates mobile games in the People’s Republic of China and internationally. The company offers mobile games and female-oriented mobile games, including Fate of the Empress, Fate:The Loved Journey, Promise of Lingyun, Royal Chaos, Rise of Queendom, Legend of Empress, Yokai Kitchen, and Fate: Royal Revenge. It also invests in, produces, and distributes film and TV copyrights.
FriendTimes Fundamentals Summary
|6820 fundamental statistics|
Is 6820 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6820 income statement (TTM)|
|Cost of Revenue||CN¥526.71m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.13|
|Net Profit Margin||17.04%|
How did 6820 perform over the long term?See historical performance and comparison
9.6%Current Dividend Yield
Is FriendTimes undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6820 (HK$1.19) is trading below our estimate of fair value (HK$8.87)
Significantly Below Fair Value: 6820 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6820 is good value based on its Price-To-Earnings Ratio (8x) compared to the Hong Kong Entertainment industry average (8.8x).
PE vs Market: 6820 is good value based on its Price-To-Earnings Ratio (8x) compared to the Hong Kong market (8.8x).
Price to Earnings Growth Ratio
PEG Ratio: 6820 is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: 6820 is overvalued based on its Price-To-Book Ratio (1.3x) compared to the HK Entertainment industry average (1x).
How is FriendTimes forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score6/6
Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6820's forecast earnings growth (33.8% per year) is above the savings rate (1.5%).
Earnings vs Market: 6820's earnings (33.8% per year) are forecast to grow faster than the Hong Kong market (16.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 6820's revenue (25.1% per year) is forecast to grow faster than the Hong Kong market (9.9% per year).
High Growth Revenue: 6820's revenue (25.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6820's Return on Equity is forecast to be high in 3 years time (24.5%)
How has FriendTimes performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6820 has high quality earnings.
Growing Profit Margin: 6820's current net profit margins (17%) are lower than last year (23.1%).
Past Earnings Growth Analysis
Earnings Trend: 6820's earnings have grown by 17.7% per year over the past 5 years.
Accelerating Growth: 6820's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6820 had negative earnings growth (-45.3%) over the past year, making it difficult to compare to the Entertainment industry average (12.9%).
Return on Equity
High ROE: 6820's Return on Equity (16.7%) is considered low.
How is FriendTimes's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 6820's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥151.4M).
Long Term Liabilities: 6820's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥9.0M).
Debt to Equity History and Analysis
Debt Level: 6820 is debt free.
Reducing Debt: 6820 has no debt compared to 5 years ago when its debt to equity ratio was 7.5%.
Debt Coverage: 6820 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6820 has no debt, therefore coverage of interest payments is not a concern.
What is FriendTimes's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6820's dividend (9.64%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.82%).
High Dividend: 6820's dividend (9.64%) is in the top 25% of dividend payers in the Hong Kong market (7.77%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 6820 has been paying a dividend for less than 10 years.
Growing Dividend: 6820's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.4%), 6820's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (106.2%), 6820's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Xiaohuang Jiang (38 yo)
Mr. Xiaohuang Jiang is an Executive Director of FriendTimes Inc. since February 21, 2019 and serves as its Chairman and Chief Executive Officer. He is the Founder of FriendTimes Inc. Mr. Jiang is responsib...
Experienced Board: 6820's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 6820 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FriendTimes Inc.'s employee growth, exchange listings and data sources
- Name: FriendTimes Inc.
- Ticker: 6820
- Exchange: SEHK
- Founded: 2010
- Industry: Interactive Home Entertainment
- Sector: Media
- Implied Market Cap: HK$2.595b
- Shares outstanding: 2.18b
- Website: https://www.friendtimes.net
Number of Employees
- FriendTimes Inc.
- FriendTimes Building
- No. 68 Qitai Road
- Jiangsu Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.