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2447

Dalian Morningstar Network TechnologySZSE:002447 Stock Report

Market Cap

CN¥2.7b

7D

0.5%

1Y

-7.4%

Updated

23 Sep, 2021

Data

Company Financials
2447 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

2447 Overview

Dalian Morningstar Network Technology Co., Ltd.

Price History & Performance

Summary of all time highs, changes and price drops for Dalian Morningstar Network Technology
Historical stock prices
Current Share PriceCN¥1.89
52 Week HighCN¥1.66
52 Week LowCN¥2.59
Beta0.97
1 Month Change-7.81%
3 Month Change-7.81%
1 Year Change-7.35%
3 Year Change-42.38%
5 Year Change-66.17%
Change since IPO-19.57%

Recent News & Updates

Shareholder Returns

2447CN Interactive Media and ServicesCN Market
7D0.5%-0.7%0.6%
1Y-7.4%-0.9%13.7%

Return vs Industry: 002447 underperformed the CN Interactive Media and Services industry which returned -4.3% over the past year.

Return vs Market: 002447 underperformed the CN Market which returned 10.4% over the past year.

Price Volatility

Is 2447's price volatile compared to industry and market?
2447 volatility
2447 Beta0.97
Industry Beta0.61
Market Beta1

Stable Share Price: 002447 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 002447's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200194De Qun Liuhttps://www.morningstarnet.com

Dalian Morningstar Network Technology Co., Ltd. engages in the mobile games and e-sports businesses. The company was formerly known as Dalian Yi Qiao Sea Cucumber Co., Ltd.

Dalian Morningstar Network Technology Fundamentals Summary

How do Dalian Morningstar Network Technology's earnings and revenue compare to its market cap?
2447 fundamental statistics
Market CapCN¥2.70b
Earnings (TTM)-CN¥62.18m
Revenue (TTM)CN¥180.48m

14.9x

P/S Ratio

-43.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2447 income statement (TTM)
RevenueCN¥180.48m
Cost of RevenueCN¥136.11m
Gross ProfitCN¥44.37m
ExpensesCN¥106.56m
Earnings-CN¥62.18m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.044
Gross Margin24.59%
Net Profit Margin-34.45%
Debt/Equity Ratio0.6%

How did 2447 perform over the long term?

See historical performance and comparison

Valuation

Is Dalian Morningstar Network Technology undervalued compared to its fair value and its price relative to the market?

9.02x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 002447's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 002447's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 002447 is unprofitable, so we can't compare its PE Ratio to the Asian Interactive Media and Services industry average.

PE vs Market: 002447 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 002447's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002447 is overvalued based on its PB Ratio (9x) compared to the XA Interactive Media and Services industry average (3x).


Future Growth

How is Dalian Morningstar Network Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.1%

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 Dalian Morningstar Network Technology 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 Dalian Morningstar Network Technology performed over the past 5 years?

-48.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002447 is currently unprofitable.

Growing Profit Margin: 002447 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 002447 is unprofitable, and losses have increased over the past 5 years at a rate of 48.2% per year.

Accelerating Growth: Unable to compare 002447's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 002447 is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (11.9%).


Return on Equity

High ROE: 002447 has a negative Return on Equity (-16.31%), as it is currently unprofitable.


Financial Health

How is Dalian Morningstar Network Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 002447's short term assets (CN¥479.1M) exceed its short term liabilities (CN¥248.2M).

Long Term Liabilities: 002447's short term assets (CN¥479.1M) exceed its long term liabilities (CN¥116.9M).


Debt to Equity History and Analysis

Debt Level: 002447's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: 002447's debt to equity ratio has reduced from 15.8% to 0.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 002447 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 002447 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.4% each year


Dividend

What is Dalian Morningstar Network Technology current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002447's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002447'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 002447's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002447's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002447 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002447'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?

1.3yrs

Average board tenure


CEO

De Qun Liu (56 yo)

no data

Tenure

CN¥926,900

Compensation

Mr. De Qun Liu serves as General Manager of Dalian Morningstar Network Technology Co., Ltd. and served as its Chairman.


Board Members

Experienced Board: 002447's board of directors are not considered experienced ( 1.3 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

Dalian Morningstar Network Technology Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Dalian Morningstar Network Technology Co., Ltd.
  • Ticker: 2447
  • Exchange: SZSE
  • Founded: 2001
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: CN¥2.697b
  • Shares outstanding: 1.43b
  • Website: https://www.morningstarnet.com

Number of Employees


Location

  • Dalian Morningstar Network Technology Co., Ltd.
  • No. 52, Changjiang East Road
  • 4th Floor
  • Dalian
  • Liaoning Province
  • 116000
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 16:03
End of Day Share Price2021/09/23 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.