SHSE:601098

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

China South Publishing & Media Group

Executive Summary

China South Publishing & Media Group Co., Ltd, together with its subsidiaries, engages in publishing, printing, distribution, press, and media businesses in China.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has China South Publishing & Media Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 601098 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.9%

601098

0.4%

CN Media

-0.8%

CN Market


1 Year Return

-5.5%

601098

35.3%

CN Media

35.9%

CN Market

Return vs Industry: 601098 underperformed the CN Media industry which returned 33.8% over the past year.

Return vs Market: 601098 underperformed the CN Market which returned 34.7% over the past year.


Shareholder returns

601098IndustryMarket
7 Day0.9%0.4%-0.8%
30 Day-0.09%-3.8%-0.8%
90 Day2.4%12.8%21.8%
1 Year-0.2%-5.5%37.6%35.3%38.2%35.9%
3 Year-23.1%-33.9%-18.9%-22.4%20.5%14.7%
5 Year-31.1%-43.3%-49.9%-53.0%14.2%6.7%

Price Volatility Vs. Market

How volatile is China South Publishing & Media Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is China South Publishing & Media Group undervalued compared to its fair value and its price relative to the market?

17.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 601098 (CN¥11.11) is trading above our estimate of fair value (CN¥10.99)

Significantly Below Fair Value: 601098 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 601098 is good value based on its PE Ratio (17.1x) compared to the CN Media industry average (50.7x).

PE vs Market: 601098 is good value based on its PE Ratio (17.1x) compared to the CN market (43.9x).


Price to Earnings Growth Ratio

PEG Ratio: 601098 is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: 601098 is good value based on its PB Ratio (1.4x) compared to the CN Media industry average (2.2x).


Next Steps

Future Growth

How is China South Publishing & Media Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

9.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601098's forecast earnings growth (9% per year) is above the savings rate (3.3%).

Earnings vs Market: 601098's earnings (9% per year) are forecast to grow slower than the CN market (23.4% per year).

High Growth Earnings: 601098's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601098's revenue (6.8% per year) is forecast to grow slower than the CN market (17% per year).

High Growth Revenue: 601098's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 601098's Return on Equity is forecast to be low in 3 years time (15%).


Next Steps

Past Performance

How has China South Publishing & Media Group performed over the past 5 years?

-7.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 601098 has high quality earnings.

Growing Profit Margin: 601098's current net profit margins (11.8%) are lower than last year (13%).


Past Earnings Growth Analysis

Earnings Trend: 601098's earnings have declined by 7.7% per year over the past 5 years.

Accelerating Growth: 601098's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 601098 had negative earnings growth (-7.3%) over the past year, making it difficult to compare to the Media industry average (-6%).


Return on Equity

High ROE: 601098's Return on Equity (8.9%) is considered low.


Next Steps

Financial Health

How is China South Publishing & Media Group's financial position?


Financial Position Analysis

Short Term Liabilities: 601098's short term assets (CN¥18.3B) exceed its short term liabilities (CN¥6.7B).

Long Term Liabilities: 601098's short term assets (CN¥18.3B) exceed its long term liabilities (CN¥317.1M).


Debt to Equity History and Analysis

Debt Level: 601098 is debt free.

Reducing Debt: 601098 has not had any debt for past 5 years.

Debt Coverage: 601098 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 601098 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is China South Publishing & Media Group current dividend yield, its reliability and sustainability?

5.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 601098's dividend (5.58%) is higher than the bottom 25% of dividend payers in the CN market (0.35%).

High Dividend: 601098's dividend (5.58%) is in the top 25% of dividend payers in the CN market (1.62%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 601098 has been paying a dividend for less than 10 years.

Growing Dividend: 601098's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (95.5%), 601098's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 601098's dividends in 3 years are forecast to be covered by earnings (72.1% payout ratio).


Next Steps

Management

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

8.8yrs

Average management tenure


CEO

Shuangping Ding (56 yo)

11.67yrs

Tenure

CN¥535,200

Compensation

Mr. Shuangping Ding has been General Manager of China South Publishing & Media Group Co., Ltd since December 2008. Mr. Ding served as President of Yuelu Bookstore. He served as President of Hunan Education ...


Leadership Team

NamePositionTenureCompensationOwnership
Shuangping Ding
GM & Director11.67yrsCN¥535.20kno data
Libo Wang
Chief Financial Officer11.67yrsCN¥759.20kno data
Jun Gao
Deputy General Manager11.75yrsCN¥535.20kno data
Qinghua Liu
Chief Editor11.67yrsCN¥811.70kno data
Xin Chen
Deputy General Manager6yrsCN¥780.00kno data
Chufang Huang
Deputy General Manager5.08yrsCN¥735.30kno data
Hong Liu
Deputy General Manager1.33yrsno datano data
Ziyun Zhang
Deputy General Manager & Non-Independent Director1.33yrsno datano data

8.8yrs

Average Tenure

56yo

Average Age

Experienced Management: 601098's management team is seasoned and experienced (8.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shuangping Ding
GM & Director11.67yrsCN¥535.20kno data
Jun Gao
Deputy General Manager11.75yrsCN¥535.20kno data
Ziyun Zhang
Deputy General Manager & Non-Independent Director1.33yrsno datano data
Shuguang Gong
Chairman of the Board11.67yrsno datano data
Bin Shu
Director8.58yrsCN¥535.20kno data
Gong Rong Chen
Independent Director6.92yrsCN¥100.00kno data
Xiongwei Li
Employee Representative of the Supervisory Board11.67yrsCN¥223.38kno data
Shuihe Ji
Independent Director4.67yrsCN¥100.00kno data
Xudong Zhang
Member of the Supervisory Board4.67yrsno datano data
Xiao Gang He
Independent Directorno dataCN¥100.00kno data
Bo Peng
Directorno datano datano data

8.6yrs

Average Tenure

57yo

Average Age

Experienced Board: 601098's board of directors are considered experienced (8.6 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

China South Publishing & Media Group Co., Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China South Publishing & Media Group Co., Ltd
  • Ticker: 601098
  • Exchange: SHSE
  • Founded: 2008
  • Industry: Publishing
  • Sector: Media
  • Market Cap: CN¥19.954b
  • Shares outstanding: 1.80b
  • Website: https://www.zncmjt.com

Number of Employees


Location

  • China South Publishing & Media Group Co., Ltd
  • No.38 Yingpan (East) Road
  • Changsha
  • Hunan Province
  • 410005
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
601098SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYOct 2010
601098XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYOct 2010

Biography

China South Publishing & Media Group Co., Ltd, together with its subsidiaries, engages in publishing, printing, distribution, press, and media businesses in China. The company offers publishing products, i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 19:45
End of Day Share Price2020/08/14 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.