SHSE:603000

Stock Analysis Report

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Executive Summary

People.cn CO., LTD operates as an information exchange platform in China and internationally. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has People.cn's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 603000 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 603000's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-8.1%

603000

0.7%

CN Media

0.5%

CN Market


1 Year Return

-18.0%

603000

-4.1%

CN Media

23.2%

CN Market

Return vs Industry: 603000 underperformed the CN Media industry which returned -4.1% over the past year.

Return vs Market: 603000 underperformed the CN Market which returned 23.2% over the past year.


Shareholder returns

603000IndustryMarket
7 Day-8.1%0.7%0.5%
30 Day5.3%1.3%0.6%
90 Day4.1%-10.5%3.8%
1 Year-17.5%-18.0%-2.8%-4.1%25.2%23.2%
3 Year61.0%57.9%-21.7%-24.9%30.0%23.6%
5 Year16.2%13.2%-31.0%-35.1%47.5%37.4%

Long-Term Price Volatility Vs. Market

How volatile is People.cn's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is People.cn undervalued compared to its fair value and its price relative to the market?

55x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 603000 (CN¥17.89) is trading above our estimate of fair value (CN¥3.24)

Significantly Below Fair Value: 603000 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 603000 is poor value based on its PE Ratio (55x) compared to the CN Media industry average (28x).

PE vs Market: 603000 is poor value based on its PE Ratio (55x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 603000's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 603000 is overvalued based on its PB Ratio (6.3x) compared to the CN Media industry average (1.7x).


Next Steps

Future Growth

How is People.cn forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.6%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as People.cn has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has People.cn performed over the past 5 years?

11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603000 has high quality earnings.

Growing Profit Margin: 603000's current net profit margins (16.2%) are higher than last year (12.5%).


Past Earnings Growth Analysis

Earnings Trend: 603000's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: 603000's earnings growth over the past year (40.7%) exceeds its 5-year average (11.5% per year).

Earnings vs Industry: 603000 earnings growth over the past year (40.7%) exceeded the Media industry 1.3%.


Return on Equity

High ROE: 603000's Return on Equity (11.8%) is considered low.


Next Steps

Financial Health

How is People.cn's financial position?


Financial Position Analysis

Short Term Liabilities: 603000's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥958.3M).

Long Term Liabilities: 603000's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥17.4M).


Debt to Equity History and Analysis

Debt Level: 603000 is debt free.

Reducing Debt: 603000 has not had any debt for past 5 years.

Debt Coverage: 603000 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603000 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is People.cn current dividend yield, its reliability and sustainability?

0.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 603000's dividend (0.73%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 603000's dividend (0.73%) is low compared to the top 25% of dividend payers in the CN market (1.77%).


Stability and Growth of Payments

Stable Dividend: 603000 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603000 has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.3%), 603000'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?

1.2yrs

Average board tenure


CEO

People.cn has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Hua Luo
Chief Editor1.17yrsno datano data
Li Yun Song
VP & Directorno datano datano data
Qing Chu Yu
Editor-in-Chiefno datano datano data
Li Xiang
Independent Director8.25yrsno datano data
Li Ma
Directorno datano datano data
Zhenzhen Ye
Chairman1.17yrsno datano data
Xi Jin Hu
Directorno datano datano data
Zhong Zhang
Directorno datano datano data
Dan Dan Shi
Independent Directorno datano datano data
Kai Xiang Liu
Independent Directorno datano datano data
Zi Pei Tu
Independent Directorno datano datano data
Wei Cao
Independent Directorno datano datano data

1.2yrs

Average Tenure

49.5yo

Average Age

Experienced Board: 603000's board of directors are not considered experienced ( 1.2 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

People.cn CO., LTD's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: People.cn CO., LTD
  • Ticker: 603000
  • Exchange: SHSE
  • Founded: 1997
  • Industry: Publishing
  • Sector: Media
  • Market Cap: CN¥21.340b
  • Shares outstanding: 1.11b
  • Website: https://www.people.com.cn

Number of Employees


Location

  • People.cn CO., LTD
  • New Media Tower of People's Daily
  • No. 2 Jintai Xilu
  • Beijing
  • 100733
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
603000SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYApr 2012
603000XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYApr 2012

Biography

People.cn CO., LTD operates as an information exchange platform in China and internationally. The company publishes news to Internet users covering politics, economy, society, and culture in the form of te...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 09:07
End of Day Share Price2021/03/04 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.