Employees: 3,061
Size NetDragon Websoft (0777.HK) is a Hong Kong Information Technology company (Packaged Software) with a market value of $534M, the 741st largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$7.88 on 6 Nov 2026.
Performance Over six months the shares fell 12.9%, against -22.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue fell 15.6% over the last twelve months (peer median +9.2%); the operating margin is 12.9% (peer median 2.1%).
Valuation It trades at 9.7× forward earnings against a peer median of 27.9× (2nd cheapest of 11).
Price implies For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is -7%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.2 points above its cost of capital (6.7% WACC).
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$4.67B | HK$4.85B | HK$6.56B | HK$7.85B | HK$9.15B |
| Revenue growth | — | -26% | -16% | -14% | — |
| Gross profit | HK$3.30B | HK$3.41B | HK$4.27B | HK$4.86B | HK$5.02B |
| EBITDA | HK$1.04B | HK$1,000M | HK$1.14B | HK$1.50B | HK$1.73B |
| Net income | HK$174M | HK$164M | HK$337M | HK$608M | HK$970M |
| Free cash flow | HK$190M | HK$313M | HK$1.03B | HK$993M | HK$1.10B |
| Capital expenditure | HK$253M | HK$568M | HK$825M | HK$687M | HK$347M |
| Total debt | n/a | HK$3.17B | HK$2.71B | HK$1.95B | HK$2.46B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0777.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.8% | -6.6% | 10th highest of 21 |
| 6-month return | -12.9% | -22.7% | 5th highest of 21 |
| Distance from 52-week high | -38.8% | -51.2% | 7th highest of 21 |
| Revenue growth (TTM) | -15.6% | +9.2% | lowest of 20 |
| Operating margin | 12.9% | 2.1% | 4th highest of 21 |
| Forward P/E | 9.7× | 27.9× | 2nd cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | -14.5% | 6.8% | least demanding of 10 |
| Growth delivered (Del g) | -6.8% | +9.1% | 2nd lowest of 9 |
| Hurdle (Req g minus delivered) | -7.7 pp | +0.4 pp | 4th least demanding of 9 |
| ROIC minus cost of capital | +4.2 pp | -6.4 pp | 6th highest of 20 |
| EV / EBITDA | 2.7× | 13.1× | cheapest of 9 |
| Net debt / EBITDA | -1.2× | -1.2× | 6th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| NetDragon Websoft 0777.HK | Hong Kong | $534M | -13% | -16% | 13% | 9.7× | -14.5% | -6.8% |
| Broadleaf 3673.T | Japan | $534M | 0% | +12% | 13% | 27.0× | 6.4% | -0.3% |
| Mininglamp Technology 2718.HK | Hong Kong | $533M | -89% | +9% | -6% | n/a | n/a | n/a |
| Shanghai Golden Bridge Info Tech 603918.SS | China | $530M | -27% | -15% | -9% | 36.1× | n/a | n/a |
| Linkage Software 688588.SS | China | $541M | -21% | -10% | 12% | n/a | 17.6% | +10.8% |
| Wuhan KOTEI Informatics 301221.SZ | China | $526M | -22% | +11% | 2% | 39.3× | n/a | n/a |
| Acast ACAST.ST | Sweden | $526M | -20% | +23% | 3% | 33.0× | 21.4% | +32.5% |
| Sphere 347700.KS | South Korea | $525M | -66% | +303% | 3% | 32.1× | n/a | n/a |
| Argo Graphics 7595.T | Japan | $525M | -10% | +5% | 15% | 14.8× | -10.9% | +10.5% |
| IVU Traffic Technologies IVU.DE | Germany | $518M | +40% | +10% | 13% | 28.8× | 6.8% | +10.2% |
| Rezolve AI RZLV | United States | $550M | -45% | +2,224% | -94% | n/a | n/a | n/a |
| Beijing VRV Software 300352.SZ | China | $518M | -67% | +28% | -110% | n/a | 58.4% | -13.7% |
| Tanwan 9890.HK | Hong Kong | $517M | -52% | -4% | -6% | 2.9× | n/a | n/a |
| Hangzhou Huasu Technology 301157.SZ | China | $516M | -19% | +16% | 5% | n/a | n/a | n/a |
| Seshaasai Technologies STYL.NS | India | $554M | +20% | -2% | 23% | 19.0× | 12.2% | +7.9% |
| Atos ATO.PA | France | $555M | -35% | -14% | 6% | n/a | n/a | n/a |
| Jiangxi Tianli Technology 300399.SZ | China | $514M | -21% | +6% | 2% | n/a | n/a | n/a |
| Hangzhou Anysoft Information Technology 300571.SZ | China | $512M | -45% | -12% | -14% | n/a | n/a | n/a |
| Niewiadow Polish Military Group Joint Stock GNS.WA | Poland | $557M | -22% | +490% | -73% | n/a | n/a | n/a |
| TomTom TOM2.AS | Netherlands | $511M | -23% | -7% | 12% | 16.9× | -10.1% | +1.0% |
| Boost Run BRUN | United States | $511M | -68% | n/a | -47% | n/a | 5.3% | n/a |