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2400

Guangdong Advertising GroupSZSE:002400 Stock Report

Market Cap

CN¥7.9b

7D

-0.7%

1Y

-37.9%

Updated

24 Sep, 2021

Data

Company Financials
2400 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

2400 Overview

Guangdong Advertising Group Co., Ltd. operates as an advertising and marketing company in China and internationally.

Guangdong Advertising Group Competitors

Zhewen Interactive Group

SHSE:600986

CN¥6.1b

Hylink Digital Solution

SHSE:603825

CN¥3.7b

Beijing Tensyn Digital Marketing Technology

SZSE:300392

CN¥2.7b

WPP

LSE:WPP

UK£11.8b

Price History & Performance

Summary of all time highs, changes and price drops for Guangdong Advertising Group
Historical stock prices
Current Share PriceCN¥4.44
52 Week HighCN¥4.04
52 Week LowCN¥7.44
Beta0.71
1 Month Change-0.45%
3 Month Change-17.47%
1 Year Change-37.90%
3 Year Change48.00%
5 Year Change-59.15%
Change since IPO79.78%

Recent News & Updates

Shareholder Returns

2400CN MediaCN Market
7D-0.7%0.8%0.6%
1Y-37.9%-17.0%13.7%

Return vs Industry: 002400 underperformed the CN Media industry which returned -17% over the past year.

Return vs Market: 002400 underperformed the CN Market which returned 13.7% over the past year.

Price Volatility

Is 2400's price volatile compared to industry and market?
2400 volatility
2400 Beta0.71
Industry Beta0.66
Market Beta1

Stable Share Price: 002400 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 002400's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19793,027Qing Ding Banghttps://www.gimc.cn

Guangdong Advertising Group Co., Ltd. operates as an advertising and marketing company in China and internationally. It offers marketing solutions covering global, digital, media, content, and public relations marketing. The company was formerly known as Guangdong Advertising Co., Ltd.

Guangdong Advertising Group Fundamentals Summary

How do Guangdong Advertising Group's earnings and revenue compare to its market cap?
2400 fundamental statistics
Market CapCN¥7.86b
Earnings (TTM)-CN¥897.97m
Revenue (TTM)CN¥13.73b

0.6x

P/S Ratio

-8.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2400 income statement (TTM)
RevenueCN¥13.73b
Cost of RevenueCN¥12.35b
Gross ProfitCN¥1.38b
ExpensesCN¥2.28b
Earnings-CN¥897.97m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.52
Gross Margin10.05%
Net Profit Margin-6.54%
Debt/Equity Ratio4.6%

How did 2400 perform over the long term?

See historical performance and comparison

Valuation

Is Guangdong Advertising Group undervalued compared to its fair value and its price relative to the market?

1.72x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 002400 (CN¥4.44) is trading above our estimate of fair value (CN¥0.49)

Significantly Below Fair Value: 002400 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002400 is unprofitable, so we can't compare its PE Ratio to the CN Media industry average.

PE vs Market: 002400 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002400's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002400's PB Ratio (1.7x) is in line with the CN Media industry average.


Future Growth

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

14.2%

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 Guangdong Advertising Group 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 Guangdong Advertising Group performed over the past 5 years?

-62.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002400 is currently unprofitable.

Growing Profit Margin: 002400 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 002400 is unprofitable, and losses have increased over the past 5 years at a rate of 62.9% per year.

Accelerating Growth: Unable to compare 002400's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 002400 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (19.7%).


Return on Equity

High ROE: 002400 has a negative Return on Equity (-18.93%), as it is currently unprofitable.


Financial Health

How is Guangdong Advertising Group's financial position?


Financial Position Analysis

Short Term Liabilities: 002400's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥2.6B).

Long Term Liabilities: 002400's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥135.7M).


Debt to Equity History and Analysis

Debt Level: 002400's debt to equity ratio (4.6%) is considered satisfactory.

Reducing Debt: 002400's debt to equity ratio has reduced from 78.9% to 4.6% over the past 5 years.

Debt Coverage: 002400's debt is well covered by operating cash flow (91.3%).

Interest Coverage: 002400's interest payments on its debt are well covered by EBIT (71.8x coverage).


Balance Sheet


Dividend

What is Guangdong Advertising Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002400's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002400's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 002400's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002400's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002400 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002400's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

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

1.7yrs

Average board tenure


CEO

Qing Ding Bang

no data

Tenure

CN¥1,073,600

Compensation

Mr. Bang Qing Ding serves as the General Manager of Guangdong Advertising Group Co., Ltd. He was Non-Independent Director of Guangdong Advertising Group Co., Ltd. since January 27, 2014 and was its Vice Ch...


Board Members

Experienced Board: 002400'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

Guangdong Advertising Group Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Guangdong Advertising Group Co., Ltd.
  • Ticker: 2400
  • Exchange: SZSE
  • Founded: 1979
  • Industry: Advertising
  • Sector: Media
  • Market Cap: CN¥7.862b
  • Shares outstanding: 1.74b
  • Website: https://www.gimc.cn

Number of Employees


Location

  • Guangdong Advertising Group Co., Ltd.
  • Poly World Trade Center
  • Block G
  • Guangzhou
  • Guangdong Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 09:02
End of Day Share Price2021/09/24 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.