◆ TICKERBASE · GLOBAL STOCK FINANCIAL DATA LIBRARY

Activation Group Holdings Limited (9919) Financial History

Name: Activation Group Holdings Limited (9919) financial statement history
Creator: TickerBase
License: https://creativecommons.org/licenses/by/4.0/

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Communication Services · Advertising Agencies · DATA UPDATED 2026-08-10

Activation Group Holdings Limited (9919) operates in the Advertising Agencies industry and is headquartered in Shanghai, China with about 208 employees. Its market capitalization is roughly CNY 577 million. In the fiscal year ended 2025-12-31, 9919 reported CNY 707M in revenue and CNY 76M in net income.

Activation Group Holdings Limited, an investment holding company, provides integrated marketing solutions in Mainland China, Hong Kong, and Singapore. The company operates through three segments: Experiential Marketing Services; Digital and Communication Services; and IP Development.

Interactive charts & full statements →

9919 Revenue & Earnings History — Annual Income Statement

Income statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Total Revenue	CNY 707M	CNY 848M	CNY 967M	CNY 695M	—
Gross Profit	CNY 208M	CNY 254M	CNY 298M	CNY 202M	—
Operating Income (EBIT)	CNY 97M	CNY 118M	CNY 162M	CNY 61M	—
Net Income	CNY 76M	CNY 79M	CNY 108M	CNY 24M	—

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

9919 Free Cash Flow History

Cash flow	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Dividends Paid	(CNY 63M)	(CNY 85M)	(CNY 82M)	(CNY 91M)	—

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

9919 Balance Sheet History

Balance sheet	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Total Assets	CNY 659M	CNY 746M	CNY 795M	CNY 711M	—
Total Liabilities	CNY 300M	CNY 385M	CNY 435M	CNY 358M	—

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive 9919 viewer.

Other Companies in Advertising Agencies

1831 · ShiFang Holding Limited — $796 million
0205 · BFB Health Limited — $713 million
APGN · APG|SGA SA — $606 million
NEXN · Nexxen International Ltd. — $583 million
2486 · Plus Group Holdings Inc. — $495 million
0550 · Allegro Culture Limited — $478 million
2540 · Lesi Group Limited — $420 million
2131 · Netjoy Holdings Limited — $362 million

← 9918 All “0-9” companies 9922 →

About TickerBase · Data methodology & sources · Privacy · Terms

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.