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FriendTimes Inc
HKEX:6820

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FriendTimes Inc Logo
FriendTimes Inc
HKEX:6820
Watchlist
Price: 1.07 HKD 4.9% Market Closed
Updated: Mar 1, 2024

Intrinsic Value

FriendTimes, Inc. is an investment holding company, which operates as a mobile game developer, publisher and operator in ancient Chinese style female-oriented games. [ Read More ]

The intrinsic value of one FriendTimes Inc stock under the Base Case scenario is 1.6 HKD. Compared to the current market price of 1.07 HKD, FriendTimes Inc is Undervalued by 33%.

Key Points:
Intrinsic Value
Base Case
1.6 HKD
Undervaluation 33%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
FriendTimes Inc

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Fundamental Analysis

Financials

Balance Sheet Decomposition
FriendTimes Inc

Current Assets 912.6m
Cash & Short-Term Investments 787.1m
Receivables 113.7m
Other Current Assets 11.8m
Non-Current Assets 531.4m
Long-Term Investments 253.8m
PP&E 263m
Intangibles 2.5m
Other Non-Current Assets 12m
Current Liabilities 123.5m
Accounts Payable 32.3m
Accrued Liabilities 17.5m
Short-Term Debt 39.4m
Other Current Liabilities 34.3m
Non-Current Liabilities 8.1m
Long-Term Debt 476k
Other Non-Current Liabilities 7.6m
Efficiency
Fundamental Scores

Profitability Score
Profitability Due Diligence

FriendTimes Inc's profitability score is 56/100. The higher the profitability score, the more profitable the company is.

Exceptional 3-Year Average ROIC
Positive Gross Profit
Positive Free Cash Flow
Positive 3-Year Average ROE
56/100
Profitability
Score

FriendTimes Inc's profitability score is 56/100. The higher the profitability score, the more profitable the company is.

Solvency Score
Solvency Due Diligence

FriendTimes Inc's solvency score is 87/100. The higher the solvency score, the more solvent the company is.

High Altman Z-Score
Short-Term Solvency
Long-Term Solvency
Negative Net Debt
87/100
Solvency
Score

FriendTimes Inc's solvency score is 87/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

Price Targets Summary
FriendTimes Inc

Wall Street analysts forecast FriendTimes Inc stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for FriendTimes Inc is 1.82 HKD with a low forecast of 1.59 HKD and a high forecast of 2.1 HKD.

Lowest
Price Target
1.59 HKD
48% Upside
Average
Price Target
1.82 HKD
70% Upside
Highest
Price Target
2.1 HKD
96% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

Price
FriendTimes Inc

1M 1M
-14%
6M 6M
+43%
1Y 1Y
-2%
3Y 3Y
-48%
5Y 5Y
-11%
10Y 10Y
-11%
Annual Price Range
1.07
52w Low
0.75
52w High
1.62
Price Metrics
Average Annual Return 3.87%
Standard Deviation of Annual Returns 61.59%
Max Drawdown -76%
Shares Statistics
Market Capitalization 2.3B HKD
Shares Outstanding 2 180 849 920
Percentage of Shares Shorted
N/A

Return Decomposition
Main factors of price return

What is price return decomposition?

Company Profile

FriendTimes Inc Logo
FriendTimes Inc

Country

China

Industry

Media

Market Cap

2.3B HKD

Dividend Yield

0%

Description

FriendTimes, Inc. is an investment holding company, which operates as a mobile game developer, publisher and operator in ancient Chinese style female-oriented games. The company is headquartered in Suzhou, Jiangsu and currently employs 1,362 full-time employees. The company went IPO on 2019-10-08. The firm is principally engaged in the development, publishing and operation of mobile games business. The Company’s main products include Royal Chaos, Rise of Queendom, Legend of Empress and Fate: Royal Revenge. The firm mainly operates its business in the domestic market.

Contact

JIANGSU
Suzhou
FriendTimes Building, No. 68 Qitai Road, Suzhou Industrial Park
http://www.friendtimes.net/

IPO

2019-10-08

Employees

1 362

Officers

Founder, Executive Chairman & CEO
Mr. Xiaohuang Jiang
VP & Executive Director
Mr. Lin Xu
Chief Financial Officer
Ms. Ya Li
Company Secretary
Ms. Wai Sum Fung A.C.I.S., A.C.S.

See Also

Discover More
What is the Intrinsic Value of one FriendTimes Inc stock?

The intrinsic value of one FriendTimes Inc stock under the Base Case scenario is 1.6 HKD.

Is FriendTimes Inc stock undervalued or overvalued?

Compared to the current market price of 1.07 HKD, FriendTimes Inc is Undervalued by 33%.