Upcoming Dividend • Jun 16
Upcoming dividend of HK$0.037 per share Eligible shareholders must have bought the stock before 23 June 2026. Payment date: 07 July 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Hong Kong dividend payers (7.1%). Lower than average of industry peers (2.4%). Reported Earnings • May 23
First quarter 2026 earnings released: HK$0.65 loss per share (vs HK$0.33 loss in 1Q 2025) First quarter 2026 results: HK$0.65 loss per share (further deteriorated from HK$0.33 loss in 1Q 2025). Revenue: HK$133.3m (up 19% from 1Q 2025). Net loss: HK$480.0m (loss widened 115% from 1Q 2025). Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 11
Boyaa Interactive International Limited to Report Q1, 2026 Results on May 21, 2026 Boyaa Interactive International Limited announced that they will report Q1, 2026 results on May 21, 2026 New Risk • Mar 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 17
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: HK$0.34 loss per share (down from HK$1.42 profit in FY 2024). Revenue: HK$467.7m (down 3.8% from FY 2024). Net loss: HK$238.6m (down 125% from profit in FY 2024). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Mar 05
Boyaa Interactive International Limited to Report Fiscal Year 2025 Results on Mar 15, 2026 Boyaa Interactive International Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Mar 15, 2026 Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: HK$0.38 (vs HK$0.12 loss in 3Q 2024) Third quarter 2025 results: EPS: HK$0.38 (up from HK$0.12 loss in 3Q 2024). Revenue: HK$128.5m (up 11% from 3Q 2024). Net income: HK$260.7m (up HK$340.5m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has increased by 120% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 17
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Tillkännagivande • Nov 05
Boyaa Interactive International Limited to Report Q3, 2025 Results on Nov 17, 2025 Boyaa Interactive International Limited announced that they will report Q3, 2025 results on Nov 17, 2025 Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$7.78, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 20x in the Entertainment industry in Hong Kong. Total returns to shareholders of 2,076% over the past three years. Reported Earnings • Sep 28
Second quarter 2025 earnings released: EPS: HK$0.67 (vs HK$0.11 loss in 2Q 2024) Second quarter 2025 results: EPS: HK$0.67 (up from HK$0.11 loss in 2Q 2024). Revenue: HK$110.7m (down 3.9% from 2Q 2024). Net income: HK$449.6m (up HK$524.3m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has increased by 157% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Sep 13
Boyaa Interactive International Limited has completed a Follow-on Equity Offering in the amount of HKD 416.81235 million. Boyaa Interactive International Limited has completed a Follow-on Equity Offering in the amount of HKD 416.81235 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 59,973,000
Price\Range: HKD 6.95
Discount Per Security: HKD 0.0834
Transaction Features: Subsequent Direct Listing Tillkännagivande • Aug 21
Boyaa Interactive International Limited has filed a Follow-on Equity Offering in the amount of HKD 441.3945 million. Boyaa Interactive International Limited has filed a Follow-on Equity Offering in the amount of HKD 441.3945 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 63,510,000
Price\Range: HKD 6.95
Discount Per Security: HKD 0.0834
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 12
Second quarter 2025 earnings released: EPS: HK$0.67 (vs HK$0.11 loss in 2Q 2024) Second quarter 2025 results: EPS: HK$0.67 (up from HK$0.11 loss in 2Q 2024). Revenue: HK$110.7m (down 1.7% from 2Q 2024). Net income: HK$449.6m (up HK$522.0m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has increased by 170% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$8.74, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 18x in the Entertainment industry in Hong Kong. Total returns to shareholders of 1,980% over the past three years. Board Change • Aug 10
High number of new directors Independent Non-Executive Director Marco Lim was the last director to join the board, commencing their role in 2025. Tillkännagivande • Jul 30
Boyaa Interactive International Limited to Report First Half, 2025 Results on Aug 11, 2025 Boyaa Interactive International Limited announced that they will report first half, 2025 results on Aug 11, 2025 Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$7.03, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 18x in the Entertainment industry in Hong Kong. Total returns to shareholders of 1,653% over the past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$5.42, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 18x in the Entertainment industry in Hong Kong. Total returns to shareholders of 1,081% over the past three years. Reported Earnings • May 30
First quarter 2025 earnings released: HK$0.33 loss per share (vs HK$0.58 profit in 1Q 2024) First quarter 2025 results: HK$0.33 loss per share (down from HK$0.58 profit in 1Q 2024). Revenue: HK$111.9m (down 4.9% from 1Q 2024). Net loss: HK$223.6m (down 159% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has increased by 137% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 70% Last year net profit margin: 108% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (70% net profit margin). Tillkännagivande • May 23
Boyaa Interactive International Limited Approves Final Dividend for the Year Ended 31 December 2024 Boyaa Interactive International Limited at its AGM held on 23, May 2025, approved final dividend of HKD 0.1064 per ordinary share for the year ended 31 December 2024. Buy Or Sell Opportunity • May 22
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 53% to HK$6.18. The fair value is estimated to be HK$4.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$5.81, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 16x in the Entertainment industry in Hong Kong. Total returns to shareholders of 1,133% over the past three years. Upcoming Dividend • May 20
Upcoming dividend of HK$0.11 per share Eligible shareholders must have bought the stock before 27 May 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Hong Kong dividend payers (7.7%). In line with average of industry peers (2.1%). Tillkännagivande • May 19
Boyaa Interactive International Limited to Report Q1, 2025 Results on May 29, 2025 Boyaa Interactive International Limited announced that they will report Q1, 2025 results on May 29, 2025 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to HK$4.70, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 14x in the Entertainment industry in Hong Kong. Total returns to shareholders of 988% over the past three years. Reported Earnings • Apr 13
Full year 2024 earnings released: EPS: CN¥1.33 (vs CN¥0.18 in FY 2023) Full year 2024 results: EPS: CN¥1.33 (up from CN¥0.18 in FY 2023). Revenue: CN¥456.9m (up 16% from FY 2023). Net income: CN¥883.8m (up CN¥766.6m from FY 2023). Over the last 3 years on average, earnings per share has increased by 104% per year whereas the company’s share price has increased by 102% per year. Tillkännagivande • Apr 09
Boyaa Interactive International Limited, Annual General Meeting, May 23, 2025 Boyaa Interactive International Limited, Annual General Meeting, May 23, 2025, at 15:00 China Standard Time. Location: plaza 4, basement 3, novotel century hong kong, 238 jaffe road., wanchai Hong Kong New Risk • Mar 31
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Buy Or Sell Opportunity • Mar 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to HK$4.07. The fair value is estimated to be HK$5.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company has become profitable. Tillkännagivande • Mar 07
Boyaa Interactive International Limited Recommends Final Dividend for Year Ended 31 December 2024, Payable on 30 June 2025 For the year ended 31 December 2024, the Board of Boyaa Interactive International Limited recommended the payment of a final dividend in the sum of approximately HKD 75,596,000, representing approximately HKD 0.1064 per ordinary share, subject to the approval by shareholders of the Company at the forthcoming annual general meeting to be held. The expected payment date of the 2024 Final Dividend is 30 June 2025. Reported Earnings • Mar 06
Full year 2024 earnings released: EPS: CN¥1.33 (vs CN¥0.18 in FY 2023) Full year 2024 results: EPS: CN¥1.33 (up from CN¥0.18 in FY 2023). Revenue: CN¥456.9m (up 16% from FY 2023). Net income: CN¥883.8m (up CN¥766.6m from FY 2023). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has increased by 114% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$3.39, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 16x in the Entertainment industry in Hong Kong. Total returns to shareholders of 651% over the past three years. Buy Or Sell Opportunity • Jan 07
Now 20% undervalued Over the last 90 days, the stock has risen 239% to HK$5.18. The fair value is estimated to be HK$6.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$5.18, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 13x in the Entertainment industry in Hong Kong. Total returns to shareholders of 915% over the past three years. New Risk • Dec 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Dec 19
Now 21% undervalued Over the last 90 days, the stock has risen 229% to HK$5.14. The fair value is estimated to be HK$6.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Recent Insider Transactions • Dec 07
Acting CEO recently sold HK$260k worth of stock On the 2nd of December, Ying Tao sold around 50k shares on-market at roughly HK$5.20 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ying's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$4.91, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 12x in the Entertainment industry in Hong Kong. Total returns to shareholders of 900% over the past three years. Recent Insider Transactions Derivative • Nov 28
Acting CEO exercised options and sold HK$116k worth of stock On the 25th of November, Ying Tao exercised 85k options at a strike price of around HK$3.11 and sold these shares for an average price of HK$4.47 per share. This trade did not impact their existing holding. For the year to December 2018, Ying's total compensation was 95% salary and 5% non-salary. Since December 2023, Ying's direct individual holding has increased from 50.00k shares to 250.00k. This was the only transaction from an insider over the last 12 months. Reported Earnings • Nov 23
Third quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.045 profit in 3Q 2023) Third quarter 2024 results: CN¥0.11 loss per share (down from CN¥0.045 profit in 3Q 2023). Revenue: CN¥104.8m (up 4.8% from 3Q 2023). Net loss: CN¥72.1m (down 344% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 97% per year whereas the company’s share price has increased by 101% per year. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to HK$2.52, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 12x in the Entertainment industry in Hong Kong. Total returns to shareholders of 403% over the past three years. Tillkännagivande • Nov 11
Boyaa Interactive International Limited to Report Q3, 2024 Results on Nov 21, 2024 Boyaa Interactive International Limited announced that they will report Q3, 2024 results on Nov 21, 2024 Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$1.92, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 13x in the Entertainment industry in Hong Kong. Total returns to shareholders of 269% over the past three years. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to HK$1.57, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 13x in the Entertainment industry in Hong Kong. Total returns to shareholders of 202% over the past three years. Reported Earnings • Sep 28
Second quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.041 profit in 2Q 2023) Second quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.041 profit in 2Q 2023). Revenue: CN¥104.8m (up 5.8% from 2Q 2023). Net loss: CN¥67.4m (down 350% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 23
Second quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.041 profit in 2Q 2023) Second quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.041 profit in 2Q 2023). Revenue: CN¥104.8m (up 5.8% from 2Q 2023). Net loss: CN¥67.4m (down 350% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 12
Boyaa Interactive International Limited to Report First Half, 2024 Results on Aug 22, 2024 Boyaa Interactive International Limited announced that they will report first half, 2024 results on Aug 22, 2024 New Risk • Jun 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 69% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (69% accrual ratio). Buy Or Sell Opportunity • Jun 05
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 58% to HK$2.10. The fair value is estimated to be HK$1.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • May 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 268% to HK$2.10. The fair value is estimated to be HK$1.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Tillkännagivande • May 12
Boyaa Interactive International Limited to Report Q1, 2024 Results on May 23, 2024 Boyaa Interactive International Limited announced that they will report Q1, 2024 results on May 23, 2024 Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to HK$1.92, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 11x in the Entertainment industry in Hong Kong. Total returns to shareholders of 225% over the past three years. Upcoming Dividend • Apr 16
Upcoming dividend of HK$0.037 per share Eligible shareholders must have bought the stock before 23 April 2024. Payment date: 31 May 2024. Trailing yield: 1.9%. Lower than top quartile of Hong Kong dividend payers (8.2%). Lower than average of industry peers (3.3%). Tillkännagivande • Mar 28
Boyaa Interactive International Limited, Annual General Meeting, Apr 19, 2024 Boyaa Interactive International Limited, Annual General Meeting, Apr 19, 2024, at 15:00 China Standard Time. Location: Plaza 4, Basement 3, Novote Century Hong Kong, 238 Jaffe Roadl Wan Chai Hong Kong Agenda: To consider the proposed grant of the Repurchase Mandate and the Share Issue Mandate to the Directors; to consider proposed re-election of the retiring Director; to consider the proposed re-appointment of auditor; to consider proposed Acquisition Mandate and the Potential Cryptocurrency Acquisitions; and to consider the proposed adoption of the New Share Option Scheme. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$2.44, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 19x in the Entertainment industry in Hong Kong. Total returns to shareholders of 314% over the past three years. Buy Or Sell Opportunity • Mar 21
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 325% to HK$2.25. The fair value is estimated to be HK$1.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Mar 04
Full year 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.098 in FY 2022) Full year 2023 results: EPS: CN¥0.18 (up from CN¥0.098 in FY 2022). Revenue: CN¥394.6m (up 5.1% from FY 2022). Net income: CN¥117.2m (up 83% from FY 2022). Profit margin: 30% (up from 17% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Mar 01
Boyaa Interactive International Limited Announces Final Ordinary Dividend for the Year Ended 31 December 2023, Payable on May 31, 2024 Boyaa Interactive International Limited announced final ordinary dividend of HKD 0.0372 per share for the Year Ended 31 December 2023. Payment date is 31 May 2024. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to HK$1.02, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 24x in the Entertainment industry in Hong Kong. Total returns to shareholders of 48% over the past three years. Buy Or Sell Opportunity • Feb 28
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 65% to HK$0.89. The fair value is estimated to be HK$0.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company has become profitable. Tillkännagivande • Feb 20
Boyaa Interactive International Limited to Report Fiscal Year 2023 Results on Feb 29, 2024 Boyaa Interactive International Limited announced that they will report fiscal year 2023 results on Feb 29, 2024 Buying Opportunity • Dec 01
Now 23% undervalued Over the last 90 days, the stock is up 2.0%. The fair value is estimated to be HK$0.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Nov 25
Third quarter 2023 earnings released: EPS: CN¥4.47 (vs CN¥0.025 in 3Q 2022) Third quarter 2023 results: EPS: CN¥4.47 (up from CN¥0.025 in 3Q 2022). Revenue: CN¥100.0m (up 5.9% from 3Q 2022). Net income: CN¥29.5m (up 83% from 3Q 2022). Profit margin: 30% (up from 17% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Sep 12
Boyaa Interactive International Limited Announces Executive Changes The board of directors of Boyaa Interactive International Limited announced that Ms. CHOU has tendered her resignation as the company secretary of the Company (the Company Secretary), and will cease to act as an authorised representative of the Company (the Authorised Representative) under Rule 3.05 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Stock Exchange) and a process agent of the Company for acceptance of service of process or notices in Hong Kong on behalf of the Company in accordance with the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and Rule 19.05(2) of the Listing Rules (the Process Agent), in each case, with effect from 11 September 2023, due to her other personal commitments. Ms. CHOU has confirmed that she has no disagreement with the Board, and there are no matters in relation to her resignation from the above positions that need to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board announced that following the resignation of Ms. CHOU, Ms. TAO (thecurrent executive director and acting chief executive officer of the Company) and Mr. POON have been appointed as the joint company secretaries of the Company (the Joint Company Secretaries, and each a Joint Company Secretary) with effect from 11 September 2023. Mr. POON has also been appointed as the Authorised Representative and the Process Agent, in each case, with effect from 11 September 2023. Ms. TAO Ying joined the Board as an executive director of the Company on 21 September 2018. Before her appointment as an executive director of the Company, Ms. TAO was the person-in-charge of the compliance department of the Group, and was primarily responsible for the handling of the listing compliance issues of the Group, discharging the duties and responsibilities of company secretary, and participating in the internal control, finance, investor relations, and investment project management of the Group. Ms. TAO has served as a director of Shenzhen Dong Fang Bo Ya Technology Co., Limited since November 2018. Ms. TAO has also served as the legal representative, executive director and general manager of Shenzhen Erlulu Technology Company Limited since November 2018. Ms. TAO has served as a director of JIUHO PTE. LTD. since November 2020. Ms. TAO has also served as the legal representative, executivedirector and the general manager of Shenzhen Jiaxun Zhichuang Technology Co., LTD since October 2022. Ms. TAO joined the Company in December 2013 and has worked in the Company for over nine years. She has over 15 years of company management experience. Ms. TAO graduated from Anhui University of Finance and Economics in July 2003, with a bachelor's degree in economics in international economics and trade, and also obtained a certificate of graduation with a minor in Accountancy from Anhui University of Finance and Economics. Ms. TAO obtained the Second Level National Certificate of Human Resources Management issued by the Ministry of Human Resources and Social Security, the People's Republic of China in June 2011. Mr. POON Ping Yeung is the manager of the Listed & Fiduciary Corporate Services Department of Trident Corporate Services (Asia) Limited, a global professional servicesfirm. He has around ten years of professional experience in company secretarial field. Mr. POON is an associate member (holder of practitioner's endorsement) of The Chartered Governance Institute (formerly known as The Institute of Chartered Secretaries and Administrators) in the United Kingdom and The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries). He obtained a bachelor's degree in arts (major in social policy and administration) in October 2012 from The Hong Kong Polytechnic University and a master's degree in corporate governance in October 2019 from Hong Kong Metropolitan University (formerly known as The Open University of Hong Kong). Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.02 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.041 (up from CN¥0.02 in 2Q 2022). Revenue: CN¥99.1m (up 4.3% from 2Q 2022). Net income: CN¥26.9m (up 105% from 2Q 2022). Profit margin: 27% (up from 14% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 16
Boyaa Interactive International Limited to Report First Half, 2023 Results on Aug 24, 2023 Boyaa Interactive International Limited announced that they will report first half, 2023 results on Aug 24, 2023 Tillkännagivande • Aug 13
Boyaa Interactive International Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2023 Boyaa Interactive International Limited provided consolidated earnings guidance for the six months ended June 30, 2023. Based on a preliminary assessment by the management of the Company on the unaudited consolidated management accounts of the Group and the information currently available to the Board, the revenue of the Group for the six months ended 30 June 2023 is expected to increase by approximately 1% to 5% as compared to that for the six months ended 30 June 2022 (six months ended 30 June 2022: approximately RMB 186.5 million), which is primarily due to (i) the Group's holding of certain online operation activities; and (ii) the continuous optimisation of its gaming products and gameplay so that the Group's revenue has maintained a steady increase. The Group's profit attributable to owners of the Company for the six months ended 30 June 2023 is expected to increase by approximately 130% to 140% as compared to that for the six months ended 30 June 2022 (six months ended 30 June 2022: approximately RMB23.3 million (restated)), which is mainly due to (i) the increase in revenue for the six months ended 30 June 2023 as compared to the same period in 2022; (ii) the reduction in the decrease in fair value of financial assets such as equity investment partnerships for the six months ended 30 June 2023 as compared to the same period in 2022, and the impairment of the frozen sum of the Group recorded during the first half of 2022 (whereas no such impairment had been recorded in 2023); and (iii) the increase in interest income as compared to the same period in 2022. Excluding the impact of non-operating one-off factors such as changes in the fair value of financial assets including equity investment partnerships and the impairment of the frozen sum of the Group recorded during the first half of 2022, the Group's profit attributable to owners of the Company for the six months ended 30 June 2023 is expected to increase by approximately 30% to 40% as compared to the profit attributable to owners of the Company (restated) that would have been recorded for the same period in 2022 which is mainly due to the increase in revenue and interest income as compared to the same period in 2022. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Fanwei Kong was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 27
First quarter 2023 earnings released: EPS: CN¥0.044 (vs CN¥0.025 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.044 (up from CN¥0.025 in 1Q 2022). Revenue: CN¥95.2m (up 4.0% from 1Q 2022). Net income: CN¥28.7m (up 77% from 1Q 2022). Profit margin: 30% (up from 18% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Tillkännagivande • May 17
Boyaa Interactive International Limited to Report Q1, 2023 Results on May 25, 2023 Boyaa Interactive International Limited announced that they will report Q1, 2023 results on May 25, 2023 Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: CN¥0.098 (vs CN¥0.012 in FY 2021) Full year 2022 results: EPS: CN¥0.098 (up from CN¥0.012 in FY 2021). Revenue: CN¥366.2m (flat on FY 2021). Net income: CN¥7.97m (flat on FY 2021). Profit margin: 2.2% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 25
Third quarter 2022 earnings released: EPS: CN¥0.025 (vs CN¥0.014 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.025 (up from CN¥0.014 in 3Q 2021). Revenue: CN¥94.5m (up 2.3% from 3Q 2021). Net income: CN¥16.2m (up 71% from 3Q 2021). Profit margin: 17% (up from 10% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.008 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.02 (up from CN¥0.008 in 2Q 2021). Revenue: CN¥94.9m (down 1.7% from 2Q 2021). Net income: CN¥13.2m (up 155% from 2Q 2021). Profit margin: 14% (up from 5.4% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Reported Earnings • May 27
First quarter 2022 earnings released: EPS: CN¥0.025 (vs CN¥0.025 loss in 1Q 2021) First quarter 2022 results: EPS: CN¥0.025 (up from CN¥0.025 loss in 1Q 2021). Revenue: CN¥91.5m (up 7.8% from 1Q 2021). Net income: CN¥16.2m (up CN¥32.3m from 1Q 2021). Profit margin: 18% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 26
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: CN¥0.009 (up from CN¥0.002 loss in 3Q 2020). Revenue: CN¥97.0m (up 14% from 3Q 2020). Net income: CN¥5.67m (up CN¥6.76m from 3Q 2020). Profit margin: 5.8% (up from net loss in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. 
