Activation Group Holdings Limited (HKG:9919)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
0.7500
0.00 (0.00%)
Aug 12, 2026, 4:08 PM HKT

Activation Group Holdings Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
707.4707.4847.75967.23694.81904.06
Revenue Growth
-16.09%-16.56%-12.35%39.21%-23.15%97.39%
Gross Profit
207.58207.58254.27298.22202.24267.28
Operating Income
81.8481.84102.68150.9539.97136.4
Net Income
767679.24107.9923.6392.49
Earnings Per Share
0.100.100.110.150.030.13
EPS Growth
-10.05%-4.13%-27.05%354.84%-74.33%310.48%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Digital and Communication Services
157.11157.11177.97188.24154.4201.69
IP Development
2.212.2116.7317.0226.5316.35
Experiential Marketing Services
548.07548.07653.05761.97513.88686.02
Total
707.4707.4847.75967.23694.81904.06

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
298.04298.04379.19307.08300.27408.67
Total Debt
8.248.247.86.589.68.74
Net Cash (Debt)
289.81289.81371.39300.5290.67399.93
Net Cash Growth
3.82%-21.97%23.59%3.38%-27.32%37.08%
Net Cash Per Share
0.390.390.500.410.400.54

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-6.84-6.84169.61115.1261175.36
Capital Expenditures
-0.65-0.65-1.86-0.66-3.18-4.25
Free Cash Flow
-7.5-7.5167.75114.4657.82171.11
Free Cash Flow Growth
--46.55%97.98%-66.21%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
29.34%29.34%29.99%30.83%29.11%29.57%
Operating Margin
11.57%11.57%12.11%15.61%5.75%15.09%
Pretax Margin
15.27%15.27%14.17%17.04%8.02%16.00%
Profit Margin
10.74%10.74%9.35%11.16%3.40%10.23%
FCF Margin
-1.06%-1.06%19.79%11.83%8.32%18.93%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.0880.0490.0540.0740.0120.025
Dividend Per Share Growth
-2.22%-7.73%-27.68%534.37%-52.70%-
Dividend Yield
11.73%5.58%7.83%10.10%1.98%3.41%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
6.609.337.686.7027.049.63
Forward PE
-6.684.964.916.89-
P/FCF Ratio
--3.636.3211.055.20
PS Ratio
0.711.000.720.750.920.99