1. China Stocks

  2. •

    Technology services

  3. •

    Packaged software
FriendTimes Inc.

FriendTimes Inc.

HHKEX:6820
0.35
HKD
+0.01
(+2.99%)
1.18BMarket Cap
Mar 23Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.26
0.32
0.67
0.87
1
0.74
0.7
0.49
0.55
0.59
- -
Basic EPS, GAAP
0.04
0.05
0.15
0.21
0.23
0.13
0.01
-0.06
-0.02
0.04
- -
Free Cash Flow per Basic Share
0.04
0.05
0.13
0.13
0.22
0.09
0.05
-0.02
-0.03
0.05
- -
Dividend per Share
- -
0.01
0.05
0.05
0.09
0.1
0.1
0.05
- -
- -
- -
Book Value per Share
0.12
0.16
0.26
0.6
0.72
0.75
0.69
0.57
0.55
0.59
0.55
Tangible Book Value per Share
0.12
0.16
0.26
0.59
0.71
0.74
0.68
0.56
0.54
0.59
0.54
Basic Weighted Avg Shares
2,200
2,200
2,200
1,945
2,186
2,181
2,181
2,169
2,111
2,100
2,109
Sales/Revenue/Turnover
569
700
1,464
1,689
2,182
1,616
1,524
1,056
1,163
1,248
- -
Operating Margin (%)
15.57
21.86
23.91
26.26
25.61
14.03
-0.78
-9.56
-5.76
4.33
- -
Depreciation Expense
6
7
9
13
16
23
29
28
25
22
- -
Net Income, GAAP
81
118
337
416
504
275
25
-138
-49
93
- -
Effective Tax Rate (%)
9.84
17.68
6.8
5.17
4.38
- -
- -
- -
- -
3.23
- -
Profit Margin (%)
14.3
16.85
22.99
24.6
23.07
17.05
1.65
-13.08
-4.2
7.46
- -
Working Capital
238
321
475
1,069
1,183
1,090
951
792
631
725
631
LT Debt
7
5
2
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
259
356
573
1,307
1,566
1,646
1,497
1,204
1,150
1,240
1,150
Return on Invested Capital (%)
- -
36.32
69.81
44.36
35.34
- -
- -
- -
- -
5.83
- -
Return on Capital (%)
- -
36.75
71.56
44
35.01
- -
- -
- -
- -
7.29
- -
Return on Common Equity (%)
- -
38.39
72.45
44.2
35.05
17.15
1.6
-10.23
-4.15
7.8
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
148
163
149
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,121
2,115
2,102
Market Capitalization
2,506
1,654
1,106

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
1,048
909
878
Cash, Cash Equivalents & STI
949
807
786
Accounts Receivable, Net
58
69
66
Inventories
- -
- -
- -
Total Current Liabilities
256
244
247
Payables & Accruals
- -
- -
- -
ST Debt
148
163
149
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-4.04%
7.82%
Free Cash Flow
- -
-106.63%
-303.58%
Net Income, GAAP
- -
-228.31%
-290.69%
Sales/Revenue/Turnover
- -
-8.98%
7.34%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,056
2024
- -
- -
1,163
2025
- -
- -
1,248

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.06
2024
- -
- -
-0.02
2025
- -
- -
0.04

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Xiao Huang Jiang
Full Time Employees
912
Sector
Technology services
Industry
Packaged software
Address
FriendTimes Building Suzhou JS China KY1-9010
IPO Date
Oct 8, 2019
Website
friendtimes.net
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Business
FriendTimes Inc. (6820.HK) develops, publishes, and operates mobile games with a focus on ancient Chinese-style female-oriented titles; it also produces male-oriented martial arts games, casual esports, mini-games, and IP ecosystem derivatives including cultural collaborations and investments in film and TV copyrights. Core products encompass Legend of Empress (熹妃传), Royal Chaos (熹妃Q传), Fate of the Empress (浮生为卿歌), Promise of Lingyun (凌云诺), Twist of the Fate (浮生忆玲珑), Ink Sword: Jianghu (墨剑江湖), A Story of Lala’s: Rising Star (杜拉拉升职记), and Culinary Chaos (暴吵萌厨); mini-game variants such as Promise of Lingyun H5 and A Story of Lala’s: Rising Star H5; with upcoming releases including Legend of Empress H5 and overseas versions of select titles. The company serves diverse user demographics including female-oriented, male-oriented, general users, and global audiences through high-frequency iterations, localized content, and long-term operations. Founded in 2010 and headquartered at FriendTimes Building, No. 68 Qitai Road, Suzhou Industrial Park, Suzhou, China, FriendTimes maintains branches in Shanghai, Wuxi, Chengdu, Hong Kong, and Seoul, South Korea, enabling operations across mainland China, Hong Kong, Macau, Taiwan, Japan, North America, Southeast Asia, and other international markets. It holds recognition as a National Key Cultural Export Enterprise for multiple years and integrates AI tools across research, development, art production, translation, and gameplay for efficiency gains. In 2024, FriendTimes launched Twist of the Fate on January 2 in mainland China, followed by versions in Hong Kong, Macau, Taiwan, and South Korea; introduced its first male-oriented title Ink Sword: Jianghu on July 19, which entered top iOS bestseller lists; and released successful mini-games Promise of Lingyun H5 and A Story of Lala’s: Rising Star H5, boosting revenue by 10.1% to RMB1.16 billion while narrowing net loss by 64.6%. Strategic collaborations included partnerships with China Academy of Art for cultural products, Suzhou and Hangzhou tourism authorities for offline events, Mount Emei Scenic Area, and TV dramas like Till the End of the Moon and Lost You Forever; the company advanced AI industrialization with tools for art, audio, and intelligent agents, alongside cost optimizations in personnel and marketing. As of mid-2025, Culinary Chaos exceeded 2.5 million pre-registrations ahead of its Q2 launch, with ongoing expansions into diverse genres and global publishing.