Flowing Cloud Technology Ltd

Flowing Cloud Technology Ltd

6610.HK
Flowing Cloud Technology LtdHK flagHong Kong Stock Exchange
0.79
HKD
- -
- -
102.72MMarket Cap
Flowing Cloud Technology Ltd
6610.HK
(Hong Kong Stock Exchange)

Recent

price

0.79

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
FRC
2.77
3.74
6.58
13.37
13.75
11.02
7.32
Revenue per Share
0.46
0.65
0.78
2.97
2.92
-0.48
-3.43
Basic EPS, GAAP
0.22
0.06
0.07
-2.64
-1.24
-1.73
-2.37
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.1
0.1
- -
5.57
7.54
7.09
2.63
Book Value per Share
1.19
1.7
4.61
14.77
15
14.21
9.34
Tangible Book Value per Share
90
90
90
80
90
90
107
Basic Weighted Avg Shares
251
339
595
1,066
1,245
995
784
Sales/Revenue/Turnover
21.04
21.89
20.28
26.47
24.15
-2.38
-31.19
Operating Margin (%)
6
7
14
23
36
43
64
Depreciation Expense
42
59
70
237
264
-44
-367
Net Income, GAAP
13.38
14.38
17.7
4.27
2.85
- -
- -
Effective Tax Rate (%)
16.69
17.39
11.79
22.21
21.2
-4.39
-46.83
Profit Margin (%)
106
151
409
978
1,225
1,195
965
Working Capital
- -
- -
3
2
1
- -
2
LT Debt
119
179
447
1,225
1,452
1,383
1,109
Total Equity
- -
32.75
26.75
28.93
19.83
- -
- -
Return on Invested Capital (%)
- -
154.62
174.58
85.19
40.83
- -
- -
Return on Capital (%)
- -
649.85
1,548.35
106.66
46.88
-6.61
-79.66
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
63.44%
-19.84%
Free Cash Flow
- -
-627.52%
62.3%
Net Income, GAAP
- -
178.27%
739.98%
Sales/Revenue/Turnover
- -
26.08%
-21.24%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1,245
2024
- -
- -
- -
- -
995
2025
- -
- -
- -
- -
784

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.92
2024
- -
- -
- -
- -
-0.48
2025
- -
- -
- -
- -
-3.43

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Flowing Cloud Technology Ltd (6610.HK) is an investment holding company that, through its subsidiaries, provides augmented reality/virtual reality (AR/VR) marketing, content, and related services primarily in the People's Republic of China and Hong Kong. The company offers core products and services including AR/VR/mixed reality (MR) technologies integrated with artificial intelligence (AI) and big data analytics; a SaaS platform for online AR/VR interactive content design, development, and distribution supporting exhibitions, live-streaming, marketing campaigns, and content creation; AI virtual humans with anthropomorphism, perception, expression, and cognitive capabilities for applications in entertainment, media, finance, education, and other sectors; hardware solutions such as hologram boxes, VR360 devices, and interactive touch tables; and industry-specific solutions encompassing cultural tourism, education, industrial applications, enterprise services, digital humans, full-stack XR systems, and online IP-themed exhibition halls. It targets small and medium-sized enterprises in e-commerce, education, cultural tourism, real estate, entertainment, gaming, and industrial manufacturing sectors, with operations focused on accelerating digital transformation via metaverse, XR content, virtual live streaming, AIGC tools like image/video processing and 3D modeling, and smart hardware for innovative interactions. Founded in 2008 and headquartered at Shop 8, Jingyuan Art Center, No. 3 Guangqu Road, Chaoyang District, Beijing, China, the company listed on the Hong Kong Stock Exchange in October 2022 via IPO. Recent developments include a proposed 20-to-1 share consolidation approved at an extraordinary general meeting on December 3, 2025 to optimize capital structure; a September 2025 placement of up to 433.4 million shares raising approximately HK$75 million for traffic acquisition, R&D in algorithms, data analytics, digital humans, AI, motion capture, and XR technologies, following a similar May 2025 placement of 361 million shares yielding HK$71 million; formation of an investment committee to enhance returns; and strategic expansions into international AR/VR marketing, C-end XR content like short dramas on WeChat mini-programs, AI arithmetic centers via local government and enterprise partnerships, metaverse industry funds targeting AR/VR startups and AIGC, and Web3.0 integrations with Layer 2, DeFi, NFT, and blockchain gaming.