6038

XinhuanetSHSE:603888 Stock Report

Market Cap

CN¥9.5b

7D

-2.1%

1Y

-15.4%

Updated

18 Sep, 2021

Data

Company Financials
603888 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends2/6

603888 Overview

Xinhuanet Co., Ltd. operates a news information service portal in China.

Price History & Performance

Summary of all time highs, changes and price drops for Xinhuanet
Historical stock prices
Current Share PriceCN¥18.36
52 Week HighCN¥16.32
52 Week LowCN¥27.11
Beta0.089
1 Month Change6.07%
3 Month Change-14.68%
1 Year Change-15.35%
3 Year Change13.26%
5 Year Changen/a
Change since IPO15.12%

Recent News & Updates

Shareholder Returns

603888CN MediaCN Market
7D-2.1%-3.4%-2.4%
1Y-15.4%-20.8%9.2%

Return vs Industry: 603888 exceeded the CN Media industry which returned -20.8% over the past year.

Return vs Market: 603888 underperformed the CN Market which returned 9.2% over the past year.

Price Volatility

Is 603888's price volatile compared to industry and market?
603888 volatility
603888 Beta0.089
Industry Beta0.66
Market Beta1

Stable Share Price: 603888 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 603888's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19971,853Shu Tianhttps://www.xinhuanet.com

Xinhuanet Co., Ltd. operates a news information service portal in China. The company publishes news from 31 local channels; and from English, French, Russian, Arabic, Japanese, Korean, German, Portuguese, Tibetan, Victoria, and Mongolian language channels. It also provides online advertising and brand planning services; Website feed and big data intelligent analysis services; Website construction and technical services; and mobile Internet services.

Xinhuanet Fundamentals Summary

How do Xinhuanet's earnings and revenue compare to its market cap?
603888 fundamental statistics
Market CapCN¥9.53b
Earnings (TTM)CN¥243.83m
Revenue (TTM)CN¥1.63b

39.1x

P/E Ratio

5.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
603888 income statement (TTM)
RevenueCN¥1.63b
Cost of RevenueCN¥1.02b
Gross ProfitCN¥610.02m
ExpensesCN¥366.19m
EarningsCN¥243.83m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin37.52%
Net Profit Margin15.00%
Debt/Equity Ratio0%

How did 603888 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

27%

Payout Ratio

Valuation

Is Xinhuanet 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: 603888 (CN¥18.36) is trading below our estimate of fair value (CN¥87.84)

Significantly Below Fair Value: 603888 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 603888 is poor value based on its PE Ratio (39.1x) compared to the CN Media industry average (22.3x).

PE vs Market: 603888 is poor value based on its PE Ratio (39.1x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 603888's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 603888 is overvalued based on its PB Ratio (3.2x) compared to the CN Media industry average (1.8x).


Future Growth

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

14.3%

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 Xinhuanet 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 Xinhuanet performed over the past 5 years?

-8.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603888 has a large one-off gain of CN¥89.0M impacting its June 30 2021 financial results.

Growing Profit Margin: 603888's current net profit margins (15%) are higher than last year (12.4%).


Past Earnings Growth Analysis

Earnings Trend: 603888's earnings have declined by 8.5% per year over the past 5 years.

Accelerating Growth: 603888's earnings growth over the past year (39.2%) exceeds its 5-year average (-8.5% per year).

Earnings vs Industry: 603888 earnings growth over the past year (39.2%) exceeded the Media industry 19.7%.


Return on Equity

High ROE: 603888's Return on Equity (8.1%) is considered low.


Financial Health

How is Xinhuanet's financial position?


Financial Position Analysis

Short Term Liabilities: 603888's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥743.1M).

Long Term Liabilities: 603888's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥821.8M).


Debt to Equity History and Analysis

Debt Level: 603888 is debt free.

Reducing Debt: 603888 has not had any debt for past 5 years.

Debt Coverage: 603888 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603888 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Xinhuanet current dividend yield, its reliability and sustainability?

0.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 603888's dividend (0.7%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).

High Dividend: 603888's dividend (0.7%) is low compared to the top 25% of dividend payers in the CN market (1.79%).


Stability and Growth of Payments

Stable Dividend: 603888 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603888 has only been paying a dividend for 5 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.2%), 603888'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?

CN¥695k

CEO Compensation


CEO

Shu Tian (58 yo)

no data

Tenure

CN¥695,000

Compensation

Mr. Shu Bin Tian serves as Chairman of the Board of Director and President at Xinhuanet Co., Ltd. Mr. Tian has been Executive Director of China Association of Accountants since October 2011. From March 199...


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

Xinhuanet Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Xinhuanet Co., Ltd.
  • Ticker: 603888
  • Exchange: SHSE
  • Founded: 1997
  • Industry: Publishing
  • Sector: Media
  • Market Cap: CN¥9.529b
  • Shares outstanding: 519.03m
  • Website: https://www.xinhuanet.com

Number of Employees


Location

  • Xinhuanet Co., Ltd.
  • Jinhao Building
  • No. 129, West Street
  • Beijing
  • 100031
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 09:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.