1. People's Republic of China Stocks

  2. •

    Technology

  3. •

    Electronic Gaming & Multimedia
Shenzhen Zqgame Co., Ltd

Shenzhen Zqgame Co., Ltd

300052.SZ
Shenzhen Zqgame Co., LtdCN flagShenzhen Stock Exchange
11.91
CNY
-0.27
- -
3.12BMarket Cap
Shenzhen Zqgame Co., Ltd
300052.SZ
(Shenzhen Stock Exchange)

Recent

price

11.91

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.32
0.5
0.66
1.27
1.78
1.32
1.45
1.18
1.29
1.64
1.01
1.25
1.03
0.99
0.86
0.7
0.78
Revenue per Share
0.15
0.06
0.06
0.2
-0.08
0.25
-0.14
0.19
0.14
0.17
-0.54
-0.15
-0.22
-0.21
-0.2
-0.21
-0.2
Basic EPS, GAAP
-0.07
-0.58
-0.46
-0.14
-0.68
0.41
0.23
0.1
-0.25
-0.39
-0.01
0.08
0.07
-0.08
0.09
0.11
-0.12
Free Cash Flow per Basic Share
0.08
0.1
0.02
0.07
0.06
0.07
0.02
- -
0.03
0.07
0.06
0.04
0.02
0.02
0.01
- -
- -
Dividend per Share
0.78
0.67
0.66
1.39
1.19
1.37
1.21
1.37
1.53
1.64
1.07
0.89
0.66
0.41
0.21
- -
0.12
Book Value per Share
3.27
2.58
2.14
0.81
1.2
2.63
3.57
2.74
2.79
3.01
2.51
2.24
1.97
1.69
1.41
1.25
1.33
Tangible Book Value per Share
245
264
278
255
275
261
260
265
260
265
263
269
267
262
264
262
262
Basic Weighted Avg Shares
80
132
185
324
490
343
378
313
334
435
266
336
275
259
227
184
204
Sales/Revenue/Turnover
11.02
-5.88
-6.16
17.19
2.21
-14.16
5.53
11.01
15.76
7.21
-20.7
9.01
-13.04
-16.05
-16.88
-12.65
-15.22
Operating Margin (%)
7
14
38
80
109
71
61
46
30
41
40
57
61
60
65
62
- -
Depreciation Expense
36
15
17
51
-22
65
-36
50
36
45
-142
-40
-59
-55
-53
-55
-52
Net Income, GAAP
7.95
- -
- -
9.9
- -
28.47
- -
10.43
18.41
10.56
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
44.62
10.99
9.02
15.73
-4.5
19
-9.63
16.06
10.89
10.37
-53.5
-12
-21.36
-21.25
-23.22
-29.99
-25.69
Profit Margin (%)
765
617
540
288
121
392
370
202
97
112
76
5
-83
-73
-86
-65
-83
Working Capital
- -
- -
- -
- -
8
- -
- -
- -
- -
- -
34
31
38
37
34
41
30
LT Debt
899
907
919
1,003
999
1,035
1,144
784
765
835
686
625
542
459
387
341
363
Total Equity
1.49
- -
- -
5.14
- -
-2.88
- -
3.27
5.33
3.01
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
22.82
- -
- -
13.34
- -
13.83
- -
13.94
8.43
10.45
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
22.38
7.87
9.29
19
-6.47
19.02
-10.8
14.81
9.54
10.83
-39.66
-15.48
-28.12
-38.48
-64.08
-193.96
-91.13
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
40
48
55
LT Borrowings
9
9
9
LT Finance Leases
24
23
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
262
262
262
Market Capitalization
4,393
2,850
2,577

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
146
178
180
Cash, Cash Equivalents & STI
25
30
35
Accounts Receivable, Net
42
41
40
Inventories
5
5
5
Total Current Liabilities
231
258
263
Payables & Accruals
- -
- -
- -
ST Debt
40
48
55
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-9.71%
-13.02%
-12.04%
Free Cash Flow
-263.34%
-427.36%
27.06%
Net Income, GAAP
-84.5%
-6.44%
4.43%
Sales/Revenue/Turnover
-3.79%
-5.79%
-19.16%
Total Cash Common Dividend
- -
-47.38%
-82.65%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
75
46
56
50
227
2025
49
49
41
- -
184
2026
32
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
- -
- -
- -
-0.2
2025
-0.04
- -
- -
- -
-0.21
2026
-0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Shenzhen Zqgame Co., Ltd engages in the development, operation, and distribution of online games, operating primarily within China. Founded in 2003 and headquartered in Shenzhen, the company is one of the earliest domestic game companies to combine online game development, operation, and distribution. Its core products include red mobile games with patriotic themes, high-quality mobile games spanning genres such as role-playing, sports competition, two-dimensional space, war strategy, and social games. The company also focuses on a super cultural and creative IP strategy, leveraging patriotism and Chinese national culture IP to build an industry chain that encompasses film and animation, online literature, interactive games, AR/VR experience games, and peripheral products. Additionally, Zqgame operates in cloud computing, providing cloud data center services, cloud value-added services, big data services, and customized blockchain application solutions including Blockchain Infrastructure Cloud Platform and Blockchain BaaS applications. The company supports its gaming and cloud services focus with hardware solutions for cloud gaming platforms. Recent major changes include the company's 2025 investment in a joint venture with Changban Technology named Fuda Changban Robot Components, with Zqgame contributing 70 million yuan, marking an expansion into humanoid robots and related fields aimed at diversifying profit sources. This move accompanies Zqgame's ongoing strategic transformation under the "Game plus Cloud Service" model, which integrates international market expansion, cloud services as a new business pillar, and diversification beyond traditional gaming into cloud computing and cultural tourism sectors. Zqgame operates principally in the digital entertainment industry, targeting youth and gamers interested in patriotic and culturally significant content, alongside enterprise users for cloud computing services. It maintains a strong presence in the Chinese domestic market and aligns its business strategy to both gaming and emerging technology sectors, sustaining its status as a nationally recognized high-tech and cultural innovation enterprise. The company is publicly traded on the Shenzhen Stock Exchange under ticker 300052.SZ.