Tian Ge Interactive Holdings Ltd
0.63
HKD
0.00
(0.00%)
Tian Ge Interactive Holdings Ltd
HKEX:1980
(Hong Kong Exchange)
Recent
price
0.63
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
CNY
•
in mil. unless spec.Working Capital
CNY
•
in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Semi-annual Revenue
CNY
•
in mil. unless spec.Semi-annual Earnings Per Share
CNY
•
in mil. unless spec.Semi-annual Dividends Per Share
CNY
•
in mil. unless spec.- Similar Companies
- Business
- Tian Ge Interactive Holdings Limited Tian Ge Interactive Holdings Limited (1980.HK), an investment holding company incorporated in 2008 and headquartered in Hangzhou, People's Republic of China, principally engages in the operation of live social video platforms and other services through its Online Interactive Entertainment Service and Others segments in the People's Republic of China and internationally. The company operates mobile live streaming applications including Miao Broadcasting, Crystal Live Broadcasting, Happy Live Broadcasting, and Feng Broadcasting; many-to-many live social video communities providing content such as karaoke and singing competitions, talk shows on comedy, sports, and pop culture, as well as lectures on finance, education, and personal health; one-to-many live social video communities such as Sina Showcase where hosts perform to audiences via one-way video streams; and additional businesses encompassing mobile game publishing, vehicle mortgage loans through Jiurong.com, software and internet consulting services, and investments in financial instruments. It targets diverse audiences seeking real-time social interaction, entertainment, and virtual gifting experiences across domestic and overseas markets, particularly in Southeast Asia including Indonesia and Thailand, as well as Gulf Cooperation Council countries through joint ventures. In recent developments, the company suspended its domestic live streaming business at the end of 2023 to focus on overseas expansion, deepening localization of platforms like KiWi Live in Indonesia and launching self-developed iMee Live at the end of 2024 for Gen Z users emphasizing showroom-style streaming and party games, with operations commencing in March 2025. Its joint investment in Sila Chat, a voice chat live streaming platform for Gulf countries, delivered significant revenue growth in 2024 and anticipates synergies with core platforms in 2025. The Group recorded fair value gains from strategic unlisted equity investments in sectors like social deduction games, Southeast Asian e-commerce, and Indian short-form video, alongside increased holdings in other financial instruments yielding a 19.0% year-on-year fair value rise to RMB982.8 million as of December 31, 2024; it completed disposal of its domestic live streaming entity Hangzhou Han Tang Cultural Communication Co., Ltd. for RMB20.0 million, adopted the Share Options and Awards Scheme 2024 to replace prior schemes in compliance with updated listing rules, and faces a proposed mandatory cash offer in November 2025 following Truesense Trading's acquisition of additional shares increasing its stake to approximately 31.63%. The company maintains a multi-platform ecosystem incorporating short video, mobile social games, and FinTech products integrated with live streaming for synergistic user engagement, while optimizing its financial asset portfolio including fund investments, private equity, listed securities, wealth management products, and structured notes.