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6030

Thinkingdom Media Group SHSE:603096 Stock Report

Last Price

CN¥17.45

Market Cap

CN¥2.8b

7D

2.9%

1Y

-53.9%

Updated

13 May, 2022

Data

Company Financials +
603096 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance1/6
Financial Health6/6
Dividends4/6

603096 Stock Overview

Thinkingdom Media Group Ltd. engages in the planning, publication, and distribution of books and e-books in China.

Thinkingdom Media Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Thinkingdom Media Group
Historical stock prices
Current Share PriceCN¥17.45
52 Week HighCN¥38.35
52 Week LowCN¥15.00
Beta0.47
1 Month Change-9.07%
3 Month Change-29.64%
1 Year Change-53.94%
3 Year Change-63.90%
5 Year Change-55.00%
Change since IPO-32.52%

Recent News & Updates

Shareholder Returns

603096CN MediaCN Market
7D2.9%0.9%0.9%
1Y-53.9%-20.5%-13.9%

Return vs Industry: 603096 underperformed the CN Media industry which returned -20.5% over the past year.

Return vs Market: 603096 underperformed the CN Market which returned -13.9% over the past year.

Price Volatility

Is 603096's price volatile compared to industry and market?
603096 volatility
603096 Average Weekly Movement5.4%
Media Industry Average Movement7.2%
Market Average Movement7.4%
10% most volatile stocks in CN Market10.3%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 603096 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 603096's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009480Ming Jun Chenhttps://www.readinglife.com

Thinkingdom Media Group Ltd. engages in the planning, publication, and distribution of books and e-books in China. The company offers Chinese literature and children's books. It is also involved in the film and television planning; and books retail activities.

Thinkingdom Media Group Fundamentals Summary

How do Thinkingdom Media Group's earnings and revenue compare to its market cap?
603096 fundamental statistics
Market CapCN¥2.76b
Earnings (TTM)CN¥119.18m
Revenue (TTM)CN¥911.76m

23.2x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
603096 income statement (TTM)
RevenueCN¥911.76m
Cost of RevenueCN¥514.27m
Gross ProfitCN¥397.49m
Other ExpensesCN¥278.31m
EarningsCN¥119.18m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.75
Gross Margin43.60%
Net Profit Margin13.07%
Debt/Equity Ratio0%

How did 603096 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

82%

Payout Ratio

Valuation

Is Thinkingdom Media Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


47.3%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 603096 (CN¥17.45) is trading below our estimate of fair value (CN¥33.12)

Significantly Below Fair Value: 603096 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 603096 is good value based on its PE Ratio (23.2x) compared to the CN Media industry average (25x).

PE vs Market: 603096 is good value based on its PE Ratio (23.2x) compared to the CN market (30x).


Price to Earnings Growth Ratio

PEG Ratio: 603096 is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: 603096 is good value based on its PB Ratio (1.4x) compared to the CN Media industry average (1.7x).


Future Growth

How is Thinkingdom Media Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


23.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603096's forecast earnings growth (23.4% per year) is above the savings rate (3.3%).

Earnings vs Market: 603096's earnings (23.4% per year) are forecast to grow slower than the CN market (23.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603096's revenue (15.5% per year) is forecast to grow slower than the CN market (17.2% per year).

High Growth Revenue: 603096's revenue (15.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 603096's Return on Equity is forecast to be low in 3 years time (10.5%).


Past Performance

How has Thinkingdom Media Group performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-4.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 603096 has high quality earnings.

Growing Profit Margin: 603096's current net profit margins (13.1%) are lower than last year (23.9%).


Past Earnings Growth Analysis

Earnings Trend: 603096's earnings have declined by 4.7% per year over the past 5 years.

Accelerating Growth: 603096's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603096 had negative earnings growth (-44.6%) over the past year, making it difficult to compare to the Media industry average (8.7%).


Return on Equity

High ROE: 603096's Return on Equity (6.2%) is considered low.


Financial Health

How is Thinkingdom Media Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 603096's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥183.5M).

Long Term Liabilities: 603096's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥32.5M).


Debt to Equity History and Analysis

Debt Level: 603096 is debt free.

Reducing Debt: 603096 had no debt 5 years ago.

Debt Coverage: 603096 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603096 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Thinkingdom Media Group current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.44%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 603096's dividend (3.44%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603096's dividend (3.44%) is in the top 25% of dividend payers in the CN market (2.17%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 603096 has been paying a dividend for less than 10 years.

Growing Dividend: 603096's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (81.8%), 603096's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (70.4%), 603096's dividend payments are covered by cash flows.


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Ming Jun Chen (52 yo)

no data

Tenure

CN¥545,000

Compensation

Mr. Ming Jun Chen serves as Executive Director at Thinkingdom Media (Hong Kong) Limited. He serves as General Manager at Thinkingdom Media Group Ltd. since 2020.Mr. Chen serves as Executive Director at Zh...


Leadership Team

Experienced Management: 603096's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


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

Thinkingdom Media Group Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Thinkingdom Media Group Ltd.
  • Ticker: 603096
  • Exchange: SHSE
  • Founded: 2009
  • Industry: Publishing
  • Sector: Media
  • Implied Market Cap: CN¥2.763b
  • Shares outstanding: 158.43m
  • Website: https://www.readinglife.com

Number of Employees


Location

  • Thinkingdom Media Group Ltd.
  • Building 3
  • 10th Floor
  • Beijing
  • 100120
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/13 00:00
End of Day Share Price2022/05/13 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.