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Not founnd 2020 Tian Ge Interactive Holdings Third Quarter Earnings Conference Call
November 21, 2020 9:00 p.m. New York Time
November 22, 2020 10:00 a.m. China Time
Market: Hong Kong | Symbol: 1980 | ISIN: KYG887641085 | Sector: Software & Services

Based in Hangzhou, Tian Ge Interactive Holdings Limited ("Tian Ge" or the "Group") (SEHK 1980), is a leading live social video platform in China. The Group operates a number of renowned Mobile and PC live social video communities, including “Miao Broadcasting” (喵播) and “9158”. 

Founded as a PC “many-to-many” live social video community, 9158 Video Community, in 2008, Tian Ge began to establish an ecosystem within live social video communities and has gradually transformed itself into a multi device live streaming service provider by launching various mobile and PC platforms. With the mission of bringing optimism and joy to the masses through live social video interaction, users are enabled to meet and stay connected with others who may share similar backgrounds, interests, culture and dialects on our platforms.

Leveraging on its leading industrial position, the Group’s flagship product, “Miao Broadcasting” entered overseas market including Thailand and Indonesia, to fully capture the opportunities arising from the robust growth of mobile live streaming market in China, Asia and the rest of the world. The Group will not cease the effort to expand across the globe. Furthermore, Tian Ge’s professional team has been expediting the research and development of new casual mobile games as well as actively identifying investment opportunities in potential products. By incorporating the games into the mobile live streaming platform, users are able to enjoy all-rounded entertainment experience, generating immense synergy effects synergy in line with the Group’s core business development.
Share data 2/1/2023
Currency HKD
Previous Close 0.59
Change (%) 1.72
Volume 118,000
Number of Shares (mil) 1,267.91
Market Cap (mil) 748.07
Key figures (Unit: RMB’000) 2020 2021
Revenue 329,639 210,530
Gross profit 302,711 160,695
Operating profit 52,360 80,675
Net profit 67,985 78,972
Total assets 3,545,968 3,526,890
Total liabilities 633,130 463,194
Total equity 2,912,838 3,063,696
Basic earnings per share, RMB 0.057 0.064
Gross margin (%) 91.8 76.3
Operating margin (%) 15.9 38.3
Net profit margin (%) 20.6 37.5
Current ratio (times) 3.6 4.1