CMGE Technology Group Ltd
00302
Company Profile
Business description
CMGE, a mobile game developer and publisher based in China, derived approximately 8% of its 2023 revenue from its self-developed games. The majority, 82%, came from publishing games developed by other companies with the remaining 10% generated through licensing agreements. The company reported an average of 17 million monthly active users in 2023. We estimate that CMGE holds about 1% of the market share in China's online gaming industry.
Contact
Zhongkang North Road
10th Floor, Building No. 4
Zhuoyue Meilin Center Square
Futian District, Guangdong Province
Shenzhen
CHNT: +86 75588351991
Sector
Communication Services
Stock type
Sensitive
Industry
Electronic Gaming & Multimedia
Fiscal Year End
31 December 2024
Employees
837
CMGE Technology Group Ltd News & Analysis
markets
Fresh regulatory requirements for Tencent
A tighter ‘curfew’ on Chinese youth will have minimal impact on Tencent’s gaming empire.
stocks
Grab your console: Investors bet on video game opportunities
The fastest growing segment of consumer entertainment risks being overlooked, according to some asset managers.
stocks
Chinese internet firms may prove immune to coronavirus
Ecommerce, online entertainment, education, and business services may see faster adoption rates in the long term, says Morningstar’s Chelsey Tam.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,316.70 | 98.30 | -1.17% |
| CAC 40 | 7,274.48 | 19.89 | -0.27% |
| DAX 40 | 19,884.75 | 85.11 | -0.43% |
| Dow JONES (US) | 42,840.26 | 498.02 | 1.18% |
| FTSE 100 | 8,084.61 | 20.71 | -0.26% |
| HKSE | 19,720.70 | 31.81 | -0.16% |
| NASDAQ | 19,572.60 | 199.83 | 1.03% |
| Nikkei 225 | 38,701.90 | 111.68 | -0.29% |
| NZX 50 Index | 12,904.11 | 0.00 | 0.00% |
| S&P 500 | 5,930.85 | 63.77 | 1.09% |
| S&P/ASX 200 | 8,067.00 | 101.20 | -1.24% |
| SSE Composite Index | 3,368.07 | 1.96 | -0.06% |