Activation Group Holdings (HKSE:09919) Cash Flow for Dividends: HK$-69.2 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:09919 Activation Group Holdings Ltd HKSE:09919
81 GF Score
Price HK$0.77
GF Value HK$1.26
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Activation Group Holdings Cash Flow for Dividends?

Activation Group Holdings HKSE:09919 -0.65% 81 Cash Flow for Dividends is HK$-69.2 Mil as of Dec. 2025. GuruFocus rates HKSE:09919 with a GF Score™ of 81/100 and a GF Value™ of HK$1.26 (Possible Value Trap). The stock has 3 warning signs investors should review.

Activation Group Holdings's cash flow for dividends for the six months ended in Dec. 2025 was HK$-18.1 Mil. Its cash flow for dividends for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-69.2 Mil.

Note: A negative number here means the payment of dividends. When pays more dividends, the absolute value gets bigger.

Activation Group Holdings's quarterly payment of dividends increased from Dec. 2024 (HK$-22.7 Mil) to Jun. 2025 (HK$-51.2 Mil) but then declined from Jun. 2025 (HK$-51.2 Mil) to Dec. 2025 (HK$-18.1 Mil).

Activation Group Holdings's annual payment of dividends increased from Dec. 2023 (HK$-89.4 Mil) to Dec. 2024 (HK$-90.8 Mil) but then declined from Dec. 2024 (HK$-90.8 Mil) to Dec. 2025 (HK$-69.8 Mil).

Activation Group Holdings Cash Flow for Dividends Related Terms

Activation Group Holdings Cash Flow for Dividends Historical Data

* Premium members only.

The historical data trend for Activation Group Holdings's Cash Flow for Dividends can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Activation Group Holdings Cash Flow for Dividends Chart

Activation Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Flow for Dividends
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.09 -101.40 -89.40 -90.80 -69.76

Activation Group Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Flow for Dividends Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -47.57 -68.64 -22.73 -51.16 -18.05
HKSE:09919
81GF Score
Activation Group Holdings Ltd HKSE:09919
Cash Flow for Dividends is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Activation Group Holdings Cash Flow for Dividends Calculation

Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Cash Flow for Dividends for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-69.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Cash Flow for Dividends of HK$-69.2 Mil mean?
Activation Group Holdings (HKSE:09919) has a Cash Flow for Dividends of HK$-69.2 Mil as of Dec. 2025. Cash Flow for Dividends represent the amount a company pays as dividends for a specific accounting period. View historical data for Activation Group Holdings and its competitors.
Is Activation Group Holdings' Cash Flow for Dividends too high?
Activation Group Holdings' current Cash Flow for Dividends is HK$-69.2 Mil. Overall, Activation Group Holdings has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Activation Group Holdings' Cash Flow for Dividends compare to APP and OMC?
Activation Group Holdings' Cash Flow for Dividends of HK$-69.2 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow for Dividends for a Media - Diversified company?
A good Cash Flow for Dividends depends on the Media - Diversified industry context. However, Cash Flow for Dividends should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow for Dividends mean?
A high Cash Flow for Dividends can signal that a stock is expensive relative to its fundamentals. Cash Flow for Dividends represent the amount a company pays as dividends for a specific accounting period. View historical data for Activation Group Holdings and its competitors. Activation Group Holdings's current Cash Flow for Dividends is HK$-69.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activation Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Activation Group Holdings (HKSE:09919) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.26, compared to a current price of HK$0.77 — trading 38.9% below its estimated fair value. The current Cash Flow for Dividends is HK$-69.2 Mil. Activation Group Holdings' overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow for Dividends calculated?
Cash Flow for Dividends is calculated from a company's financial statements. For Activation Group Holdings (HKSE:09919), the current Cash Flow for Dividends is HK$-69.2 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Activation Group Holdings (HKSE:09919) Overvalued in 2026?

Based on GuruFocus' analysis, Activation Group Holdings stock appears to be undervalued. The current stock price of HK$0.77 is trading 38.9% below its estimated GF Value™ of HK$1.26. GuruFocus considers Activation Group Holdings to be Possible Value Trap.

Key valuation signals for HKSE:09919:

  • Cash Flow for Dividends: HK$-69.2 Mil
  • GF Value™: HK$1.26 vs. price of HK$0.77 (38.9% below fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the HKSE:09919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Activation Group Holdings Business Description

Address No. 399A Liu Zhou Road, 8th Floor, Hengdi Cang International Building, Xuhui District, Shanghai, CHN, 200235
Activation Group Holdings Ltd is an integrated marketing solutions provider. The company focuses on the provision of experiential marketing, digital and brand communication, and public relations services. Its operating segment includes Experiential marketing services, Digital and communication services, and IP development. The company generates maximum revenue from Experiential marketing services. Geographically, it derives a majority of revenue from Chinese Mainland and also has a presence in Hong Kong/Singapore.
81GF Score

Get the complete analysis for HKSE:09919

Cash Flow for Dividends is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.77
Price
HK$1.26
GF Value