Professional
Added to YB: 2025-05-15
Pitch date: 2025-05-05
2660.HK [neutral]
Zengame Technology Holding Limited
+24.53%
current return
Author Info
No bio for this author
Company Info
Zengame Technology Holding Limited, an investment holding company, develops and operates mobile games primarily in the People’s Republic of China.
Market Cap
HKD 2.1B
Pitch Price
HKD 1.94
Price Target
N/A
Dividend
6.61%
EV/EBITDA
-0.09
P/E
5.02
EV/Sales
-0.03
Sector
Entertainment
Category
value
RF Capital Management Portfolio Holding: Zengame Technology Holding Limited
2660.HK (holding update): Mahjong game maker trading at <2x EV/EBIT, 5x earnings/FCF, 0.84x tangible book, 1.07x NCAV with 29-48% ROIC and 6.6% dividend yield. Flagship game consistently in Top 5 iOS, Fishing Master rising. Priced for permanent decline but has strong floor valuation even in no-growth scenario with free upside options.
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