| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
603000 Overview
People.cn CO., LTD operates as an information exchange platform in China and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥13.86 |
| 52 Week High | CN¥12.15 |
| 52 Week Low | CN¥20.00 |
| Beta | 0.83 |
| 1 Month Change | 4.13% |
| 3 Month Change | -19.18% |
| 1 Year Change | -26.74% |
| 3 Year Change | 73.68% |
| 5 Year Change | -24.47% |
| Change since IPO | 59.68% |
Recent News & Updates
Shareholder Returns
| 603000 | CN Media | CN Market | |
|---|---|---|---|
| 7D | -0.8% | -3.7% | -2.4% |
| 1Y | -26.7% | -19.5% | 10.5% |
Return vs Industry: 603000 underperformed the CN Media industry which returned -19.5% over the past year.
Return vs Market: 603000 underperformed the CN Market which returned 10.5% over the past year.
Price Volatility
| 603000 volatility | |
|---|---|
| 603000 Beta | 0.83 |
| Industry Beta | 0.66 |
| Market Beta | 1 |
Stable Share Price: 603000 is not significantly more volatile than the rest 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.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 3,302 | n/a | https://www.people.com.cn |
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 text, picture, animation, audio and video, BBS, blog, microblog, podcast, talk bar, mobile phone, RSS, and Webcast 15 languages, including Chinese, Mongolian, Tibetan, Uygur, Kazakh, Korean, Yi, Zhuang, English, Japanese, French, Spanish, Russian, Arabic, and Korean. It operates in 200 countries and regions.
Valuation
Is People.cn undervalued compared to its fair value and its price relative to the market?
8.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 603000 (CN¥13.86) is trading below our estimate of fair value (CN¥15.1)
Significantly Below Fair Value: 603000 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 603000 is poor value based on its PE Ratio (49.7x) compared to the CN Media industry average (22.5x).
PE vs Market: 603000 is poor value based on its PE Ratio (49.7x) compared to the CN market (34.8x).
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 (4.8x) compared to the CN Media industry average (1.8x).
Future Growth
How is People.cn forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.4%
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.
Past Performance
How has People.cn performed over the past 5 years?
26.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603000 has high quality earnings.
Growing Profit Margin: 603000's current net profit margins (14%) are lower than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: 603000's earnings have grown significantly by 26.8% per year over the past 5 years.
Accelerating Growth: 603000's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603000 had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Media industry average (19.7%).
Return on Equity
High ROE: 603000's Return on Equity (10.1%) is considered low.
Financial Health
How is People.cn's financial position?
Financial Position Analysis
Short Term Liabilities: 603000's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603000's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥373.9M).
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
Dividend
What is People.cn current dividend yield, its reliability and sustainability?
1.16%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603000's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).
High Dividend: 603000's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (1.78%).
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's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.7%), 603000's dividend payments are 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 board tenure
CEO
People.cn has no CEO, or we have no data on them.
Board Members
Experienced Board: 603000'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
People.cn CO., LTD's 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¥15.325b
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/17 15:42 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.