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Shandong Publishing&MediaLtd SHSE:601019 Stock Report

Last Price

CN¥5.86

Market Cap

CN¥12.2b

7D

-1.7%

1Y

12.3%

Updated

07 Aug, 2022

Data

Company Financials +
601019 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends4/6

601019 Stock Overview

Shandong Publishing&Media Co.,Ltd, together with its subsidiaries, engages in the publication of teaching materials, general books, periodicals, electronic audio-visual products, and digital products in China.

Shandong Publishing&MediaLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shandong Publishing&MediaLtd
Historical stock prices
Current Share PriceCN¥5.86
52 Week HighCN¥6.98
52 Week LowCN¥5.20
Beta0.25
1 Month Change-6.69%
3 Month Change-4.41%
1 Year Change12.26%
3 Year Change-13.82%
5 Year Changen/a
Change since IPO-59.95%

Recent News & Updates

Shareholder Returns

601019CN MediaCN Market
7D-1.7%-1.1%-0.5%
1Y12.3%-7.4%-10.4%

Return vs Industry: 601019 exceeded the CN Media industry which returned -7.4% over the past year.

Return vs Market: 601019 exceeded the CN Market which returned -10.4% over the past year.

Price Volatility

Is 601019's price volatile compared to industry and market?
601019 volatility
601019 Average Weekly Movement3.8%
Media Industry Average Movement5.6%
Market Average Movement6.1%
10% most volatile stocks in CN Market9.2%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 601019 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 601019's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a9,747Haitao Guohttps://www.sdcbcm.com

Shandong Publishing&Media Co.,Ltd, together with its subsidiaries, engages in the publication of teaching materials, general books, periodicals, electronic audio-visual products, and digital products in China. It also engages in the material supply business and foreign trade business; research, education, cultural travel, and other businesses; media operations; and provision of education and training consulting, and information technology development and services. The company is based in Jinan, China.

Shandong Publishing&MediaLtd Fundamentals Summary

How do Shandong Publishing&MediaLtd's earnings and revenue compare to its market cap?
601019 fundamental statistics
Market CapCN¥12.23b
Earnings (TTM)CN¥1.58b
Revenue (TTM)CN¥11.08b

7.8x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
601019 income statement (TTM)
RevenueCN¥11.08b
Cost of RevenueCN¥7.05b
Gross ProfitCN¥4.03b
Other ExpensesCN¥2.46b
EarningsCN¥1.58b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.76
Gross Margin36.39%
Net Profit Margin14.24%
Debt/Equity Ratio0.2%

How did 601019 perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

47%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 601019 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601019?

Other financial metrics that can be useful for relative valuation.

601019 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA2.2x
PEG Ratio1.4x

Price to Earnings Ratio vs Peers

How does 601019's PE Ratio compare to its peers?

601019 PE Ratio vs Peers
The above table shows the PE ratio for 601019 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average31.5x
603000 People.cn
70.1xn/aCN¥12.1b
600373 Chinese Universe Publishing and Media Group
5.9x1.8%CN¥12.2b
601098 China South Publishing & Media Group
10.6x10.8%CN¥16.1b
603888 Xinhuanet
39.3xn/aCN¥8.8b
601019 Shandong Publishing&MediaLtd
7.8x5.5%CN¥12.2b

Price-To-Earnings vs Peers: 601019 is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (31.5x).


Price to Earnings Ratio vs Industry

How does 601019's PE Ratio compare vs other companies in the CN Media Industry?

Price-To-Earnings vs Industry: 601019 is good value based on its Price-To-Earnings Ratio (7.8x) compared to the CN Media industry average (27.5x)


Price to Earnings Ratio vs Fair Ratio

What is 601019's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

601019 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.8x
Fair PE Ratio16.3x

Price-To-Earnings vs Fair Ratio: 601019 is good value based on its Price-To-Earnings Ratio (7.8x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).


Share Price vs Fair Value

What is the Fair Price of 601019 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601019 (CN¥5.86) is trading below our estimate of fair value (CN¥8.44)

Significantly Below Fair Value: 601019 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Shandong Publishing&MediaLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


5.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601019's forecast earnings growth (5.5% per year) is above the savings rate (3.2%).

Earnings vs Market: 601019's earnings (5.5% per year) are forecast to grow slower than the CN market (24.5% per year).

High Growth Earnings: 601019's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601019's revenue (5.7% per year) is forecast to grow slower than the CN market (17.8% per year).

High Growth Revenue: 601019's revenue (5.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 601019's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Shandong Publishing&MediaLtd performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 601019 has high quality earnings.

Growing Profit Margin: 601019's current net profit margins (14.2%) are higher than last year (14.2%).


Past Earnings Growth Analysis

Earnings Trend: 601019's earnings have grown by 3.6% per year over the past 5 years.

Accelerating Growth: 601019's earnings growth over the past year (10.3%) exceeds its 5-year average (3.6% per year).

Earnings vs Industry: 601019 earnings growth over the past year (10.3%) exceeded the Media industry 7.1%.


Return on Equity

High ROE: 601019's Return on Equity (12.5%) is considered low.


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Financial Health

How is Shandong Publishing&MediaLtd's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 601019's short term assets (CN¥13.9B) exceed its short term liabilities (CN¥5.7B).

Long Term Liabilities: 601019's short term assets (CN¥13.9B) exceed its long term liabilities (CN¥1.3B).


Debt to Equity History and Analysis

Debt Level: 601019 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 601019's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 601019's debt is well covered by operating cash flow (8163.3%).

Interest Coverage: 601019 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Shandong Publishing&MediaLtd current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.97%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 601019's dividend (5.97%) is higher than the bottom 25% of dividend payers in the CN market (0.47%).

High Dividend: 601019's dividend (5.97%) is in the top 25% of dividend payers in the CN market (1.93%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 601019 has been paying a dividend for less than 10 years.

Growing Dividend: 601019's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (46.8%), 601019's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (43.4%), 601019's dividend payments are well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average board tenure


CEO

Haitao Guo (53 yo)

4.08yrs

Tenure


Board Members

Experienced Board: 601019's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shandong Publishing&Media Co.,Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Shandong Publishing&Media Co.,Ltd
  • Ticker: 601019
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Publishing
  • Sector: Media
  • Implied Market Cap: CN¥12.229b
  • Shares outstanding: 2.09b
  • Website: https://www.sdcbcm.com

Number of Employees


Location

  • Shandong Publishing&Media Co.,Ltd
  • No. 189, Hero Mountain Road
  • Jinan
  • Shandong Province
  • 250002
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.