Boyaa Interactive International Limited

Boyaa Interactive International Limited

BOYAF
Boyaa Interactive International LimitedUS flagOther OTC
0.45
USD
- -
- -
328.56MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.78
1.38
1.23
1.28
0.76
0.54
0.63
0.68
0.65
0.66
0.73
0.75
0.68
0.67
Basic EPS, GAAP
0.53
0.61
0.35
0.42
0.34
0.06
-0.08
-0.01
0.11
0.2
1.42
1.46
-0.35
0.2
Free Cash Flow per Basic Share
0.36
0.25
0.35
0.42
0.25
0.09
0.2
0.23
0.22
0.14
0.25
0.24
0.03
0.14
Dividend per Share
0.21
0.08
- -
- -
- -
0.27
- -
- -
- -
- -
0.04
0.04
0.11
- -
Book Value per Share
1.32
1.8
2.1
2.64
3.02
3.07
2.03
2.09
2.05
2.18
3.51
3.51
2.87
2.18
Tangible Book Value per Share
2.75
3.05
3.33
3.87
3.78
3.52
2.48
2.49
2.51
2.67
3.94
4
4.18
2.67
Basic Weighted Avg Shares
666
704
677
687
682
668
661
657
657
661
664
664
691
660
Sales/Revenue/Turnover
1,182
971
832
880
516
360
417
448
425
435
486
501
468
442
Operating Margin (%)
29.68
17.67
20.49
24.36
33.28
28.45
28.35
33.14
30.25
31.63
41.09
41.09
24.54
31.62
Depreciation Expense
7
11
12
13
11
16
19
21
17
13
9
10
12
- -
Net Income, GAAP
350
427
236
291
229
38
-54
-5
73
129
940
969
-239
131
Effective Tax Rate (%)
16.54
15.11
11.51
9.81
2.74
27.93
- -
123.47
24.65
7.7
15.31
15.31
- -
7.81
Profit Margin (%)
29.63
43.98
28.35
33.07
44.47
10.43
-12.83
-1.19
17.11
29.7
193.44
193.44
-51.02
29.7
Working Capital
1,637
1,469
1,609
1,746
1,724
896
1,063
1,393
1,338
1,617
2,384
2,421
2,757
1,617
LT Debt
- -
- -
- -
- -
- -
6
1
- -
14
10
10
10
8
10
Total Equity
1,853
2,157
2,258
2,662
2,579
2,349
1,639
1,639
1,650
1,764
2,619
2,659
2,887
1,764
Return on Invested Capital (%)
15.88
6.7
6.27
7.19
5.85
2.74
- -
-1.85
4.97
6.34
6.8
6.95
- -
6.43
Return on Capital (%)
48.99
40.15
17.6
18.1
11.96
1.9
- -
-0.4
5.35
9.22
49.59
51.12
- -
9.37
Return on Common Equity (%)
49.3
39.82
17.56
18
11.84
1.83
-3.16
-0.39
5.34
9.28
49.9
51.44
-11.07
9.43

Capital Structure

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
6
6
4
LT Borrowings
- -
- -
- -
LT Finance Leases
10
8
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
657
657
652
Market Capitalization
263
265
258

Working Capital

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
1,766
1,795
1,970
Cash, Cash Equivalents & STI
1,677
1,694
1,774
Accounts Receivable, Net
34
30
32
Inventories
- -
- -
- -
Total Current Liabilities
355
348
353
Payables & Accruals
- -
- -
- -
ST Debt
6
6
4
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.18%
13.23%
8.56%
Free Cash Flow
-0.73%
-9.55%
-85.67%
Net Income, GAAP
-129.13%
-175.5%
-124.63%
Sales/Revenue/Turnover
-3.73%
1.07%
-6.63%
Total Cash Common Dividend
- -
- -
186.27%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
115
- -
- -
- -
486
2025
- -
111
- -
- -
468
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
- -
- -
- -
1.42
2025
- -
0.67
- -
- -
-0.35
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.04
2025
- -
- -
- -
- -
0.11
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Ying Tao
Full Time Employees
220
Sector
Technology
Industry
Electronic Gaming & Multimedia
Address
International E Town Shenzhen People's Republic of China 518000
IPO Date
May 15, 2015
Business
Boyaa Interactive International Limited, an investment holding company listed on the Hong Kong Stock Exchange (0434.HK), develops and operates online card and board games primarily in the People's Republic of China and Hong Kong; its core offerings include web-based and mobile games such as Texas Hold'em, Fight the Landlord, Happy Poker Slots, Big Two Poker, Chinese Chess, Mahjong Collection, Domino QiuQiu, Boyaa Sichuan Mahjong, and other casual puzzle games, along with advisory services for online game applications. Founded in 2004 by Wei Zhang and headquartered in Sheung Wan, Hong Kong, with key operations in Shenzhen, the company serves over 530 million registered users across more than 100 countries and regions in approximately 12 languages, targeting casual gamers through third-party distribution platforms and in-game virtual tokens. Boyaa maintains steady growth in its traditional online gaming segment, reporting revenue and daily active user increases of 2.8%, while employing around 226 people. The company has strategically pivoted toward Web3 gaming and infrastructure since 2023, launching initiatives like Pet Land (a pet-themed social NFT dress-up game), YAAKO Wallet for multi-chain asset management, MTT Sports (a free Texas Hold'em tournament app), and projects on BounceBit and MTT Network public chains; it invests through funds such as UTXO Fund (Bitcoin ecosystem seeds), Awakening Ventures Fund, and Pacific Waterdrip Fund. Recent major developments include significant cryptocurrency acquisitions to support this transformation, with Bitcoin holdings reaching approximately 4,091 BTC as of September 2025 (average cost USD 68,114 per BTC, up 15.1% in nine months), following purchases of 290 BTC for USD 33 million in August 2025 and 245 BTC for HKD 219 million (USD 28 million) in September 2025, plus earlier investments like USD 1 million in BTC Inc.'s Bitcoin Ecosystem Fund. In 2024, Boyaa announced a company-wide shift to become a pure leading Web3 listed company, partnering with New Fire Technology for digital asset compliance and expanding crypto reserves beyond shareholder mandates for discloseable transactions.