SHSE:601900

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Southern Publishing and MediaLtd

Executive Summary

Southern Publishing and Media Co., Ltd. operates as a publishing company in China. More Details


Snowflake Analysis

Very undervalued with excellent balance sheet.

Share Price & News

How has Southern Publishing and MediaLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 601900 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 601900's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

3.3%

601900

2.6%

CN Media

1.8%

CN Market


1 Year Return

6.8%

601900

25.2%

CN Media

31.4%

CN Market

Return vs Industry: 601900 underperformed the CN Media industry which returned 26.1% over the past year.

Return vs Market: 601900 underperformed the CN Market which returned 32.8% over the past year.


Shareholder returns

601900IndustryMarket
7 Day3.3%2.6%1.8%
30 Day6.5%1.7%3.2%
90 Day2.5%-4.2%0.3%
1 Year9.8%6.8%27.1%25.2%33.7%31.4%
3 Year-12.1%-18.4%-17.8%-21.4%20.4%14.6%
5 Yearn/a-61.6%-63.9%8.2%1.0%

Long-Term Price Volatility Vs. Market

How volatile is Southern Publishing and MediaLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Southern Publishing and MediaLtd undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 601900 (CN¥9.37) is trading below our estimate of fair value (CN¥59.49)

Significantly Below Fair Value: 601900 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 601900 is good value based on its PE Ratio (13x) compared to the CN Media industry average (33x).

PE vs Market: 601900 is good value based on its PE Ratio (13x) compared to the CN market (38.8x).


Price to Earnings Growth Ratio

PEG Ratio: 601900 is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: 601900 is good value based on its PB Ratio (1.3x) compared to the CN Media industry average (2x).


Next Steps

Future Growth

How is Southern Publishing and MediaLtd forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

13.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601900's forecast earnings growth (13.5% per year) is above the savings rate (3.3%).

Earnings vs Market: 601900's earnings (13.5% per year) are forecast to grow slower than the CN market (24.3% per year).

High Growth Earnings: 601900's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601900's revenue (13.6% per year) is forecast to grow slower than the CN market (18% per year).

High Growth Revenue: 601900's revenue (13.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 601900's Return on Equity is forecast to be low in 3 years time (11.2%).


Next Steps

  • Explore growth companies in the Media industry.

Past Performance

How has Southern Publishing and MediaLtd performed over the past 5 years?

13.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 601900 has high quality earnings.

Growing Profit Margin: 601900's current net profit margins (9.8%) are lower than last year (12.3%).


Past Earnings Growth Analysis

Earnings Trend: 601900's earnings have grown by 13.6% per year over the past 5 years.

Accelerating Growth: 601900's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 601900 had negative earnings growth (-17%) over the past year, making it difficult to compare to the Media industry average (1.3%).


Return on Equity

High ROE: 601900's Return on Equity (10%) is considered low.


Next Steps

Financial Health

How is Southern Publishing and MediaLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 601900's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥5.1B).

Long Term Liabilities: 601900's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥794.2M).


Debt to Equity History and Analysis

Debt Level: 601900's debt to equity ratio (4.7%) is considered satisfactory.

Reducing Debt: 601900's debt to equity ratio has increased from 1% to 4.7% over the past 5 years.

Debt Coverage: 601900's debt is well covered by operating cash flow (276.5%).

Interest Coverage: 601900 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

2.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 601900's dividend (2.67%) is higher than the bottom 25% of dividend payers in the CN market (0.36%).

High Dividend: 601900's dividend (2.67%) is in the top 25% of dividend payers in the CN market (1.63%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 601900 has been paying a dividend for less than 10 years.

Growing Dividend: 601900's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.7%), 601900's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Chuan Du (57 yo)

11yrs

Tenure

Mr. Chuan Gui Du has been General Manager and Director of Southern Publishing and Media Co.,Ltd (formerly known as Southern Publishing and Media Company Limited) since December 23, 2009. Mr. Du was Editor,...


Leadership Team

NamePositionTenureCompensationOwnership
Chuan Du
General Manager and Director11yrsno datano data
He Ye
CFO, GM & Director1.67yrsno datano data
Yan Bing Xiao
Chief Editor1.67yrsno datano data
He Lei
Deputy GM & Secretary of the Board of Directorsno datano datano data

1.7yrs

Average Tenure

48.5yo

Average Age

Experienced Management: 601900's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Chuan Du
General Manager and Director11yrsno datano data
He Ye
CFO, GM & Director1.67yrsno datano data
Bin Lin
Independent Directorno datano datano data
Xia Li
Directorno datano datano data
Bing Jin
Directorno datano datano data
Ze Lin
Independent Directorno datano datano data
Yu Lin
Independent Directorno datano datano data
Xu Liu
Independent Directorno datano datano data
Xiao Chen
Member of Supervisory Boardno datano datano data
Ze Zhou
Employee Representative Member of Supervisory Boardno datano datano data
Jun Tie Tan
Chairman1.67yrsno datano data
Yongfu Wang
Chairman of the Board of Supervisors1.67yrsno datano data

1.7yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 601900's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


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

Southern Publishing and Media Co.,Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Southern Publishing and Media Co.,Ltd
  • Ticker: 601900
  • Exchange: SHSE
  • Founded: 2008
  • Industry: Publishing
  • Sector: Media
  • Market Cap: CN¥8.457b
  • Shares outstanding: 895.88m
  • Website: https://www.nfcb.com.cn

Number of Employees


Location

  • Southern Publishing and Media Co.,Ltd
  • No.11, Shuiyin Road
  • Yuexiu District
  • Guangzhou
  • Guangdong Province
  • 510075
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
601900SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYFeb 2016

Biography

Southern Publishing and Media Co., Ltd. operates as a publishing company in China. The company edits, publishes, distributes, wholesales, and retails books, newspapers, audio-visual products, electronic pu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 09:12
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
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.