FingerMotion operates three principal lines of business, a video game division, a mobile payment platform and a SMS text message service. Co. operates its video game platform through Finger Motion Company Limited. Co. conducts its mobile payment business through Shanghai JiuGe Technology Co., Ltd. (JiuGe Technology), which has secured contracts with China United Network Communications Group Co., Ltd. and China Mobile Communications Corporation to distribute mobile data for businesses and corporations in nine provinces/municipalities. Co., through JiuGe Technology owns Beijing XunLian TianXia Technology Co., Ltd., a company in the business of providing SMS text services to businesses. The FNGR average annual return since 2017 is shown above.
The Average Annual Return on the FNGR average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether FNGR average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the FNGR average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|