SZSE:300315

Stock Analysis Report

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Executive Summary

Ourpalm Co., Ltd. develops, publishes, and operates smart mobile and social Web games, and Websites. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has Ourpalm's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 300315 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 300315's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

-5.9%

300315

3.8%

CN Entertainment

-0.1%

CN Market


1 Year Return

-4.8%

300315

-10.4%

CN Entertainment

19.1%

CN Market

Return vs Industry: 300315 exceeded the CN Entertainment industry which returned -10.4% over the past year.

Return vs Market: 300315 underperformed the CN Market which returned 19.1% over the past year.


Shareholder returns

300315IndustryMarket
7 Day-5.9%3.8%-0.1%
30 Day6.5%2.1%-1.1%
90 Day-7.8%-6.0%1.1%
1 Year-4.8%-4.8%-10.0%-10.4%21.0%19.1%
3 Year-16.1%-16.3%-33.0%-34.2%24.1%18.0%
5 Year-49.8%-50.1%-44.2%-45.1%46.7%36.7%

Long-Term Price Volatility Vs. Market

How volatile is Ourpalm's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ourpalm undervalued compared to its fair value and its price relative to the market?

32.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 300315 (CN¥5.71) is trading above our estimate of fair value (CN¥1.39)

Significantly Below Fair Value: 300315 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 300315 is good value based on its PE Ratio (32.1x) compared to the CN Entertainment industry average (33.5x).

PE vs Market: 300315 is good value based on its PE Ratio (32.1x) compared to the CN market (34.6x).


Price to Earnings Growth Ratio

PEG Ratio: 300315 is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: 300315's PB Ratio (2.7x) is in line with the CN Entertainment industry average.


Next Steps

Future Growth

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

40.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300315's forecast earnings growth (40.2% per year) is above the savings rate (3.3%).

Earnings vs Market: 300315's earnings (40.2% per year) are forecast to grow faster than the CN market (24.7% per year).

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

Revenue vs Market: 300315's revenue (31% per year) is forecast to grow faster than the CN market (18.1% per year).

High Growth Revenue: 300315's revenue (31% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 300315's Return on Equity is forecast to be low in 3 years time (15.3%).


Next Steps

Past Performance

How has Ourpalm performed over the past 5 years?

-37.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300315 has a large one-off gain of CN¥124.1M impacting its September 30 2020 financial results.

Growing Profit Margin: 300315 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 300315 has become profitable over the past 5 years, growing earnings by -37.9% per year.

Accelerating Growth: 300315 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 300315 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (17.1%).


Return on Equity

High ROE: 300315's Return on Equity (8.8%) is considered low.


Next Steps

Financial Health

How is Ourpalm's financial position?


Financial Position Analysis

Short Term Liabilities: 300315's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥463.4M).

Long Term Liabilities: 300315's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥71.5M).


Debt to Equity History and Analysis

Debt Level: 300315 is debt free.

Reducing Debt: 300315 has no debt compared to 5 years ago when its debt to equity ratio was 3.2%.

Debt Coverage: 300315 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 300315 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

1.67%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 300315's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 300315'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 300315's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 300315's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 300315 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 300315'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?

3.4yrs

Average management tenure


CEO

Huicheng Liu (43 yo)

no data

Tenure

Mr. Huicheng Liu serves as Founder and Chief Executive Officer at Beijing Tianma Shikong Network Technology Co., Ltd. He has been Chairman and General Manger of Ourpalm Co., Ltd. and serves as its Director...


Leadership Team

NamePositionTenureCompensationOwnership
Yingchun Huang
CFO & Non-Independent Director7.75yrsCN¥461.00kno data
Pei Zhang
Deputy General Managerno dataCN¥425.40kno data
Fan Yang
Deputy General Manager7.17yrsCN¥285.40kno data
Huicheng Liu
Chairman & GMno datano data6.17%
CN¥ 988.0m
Wenzhe Yao
Vice Chairman & Deputy GMno datano datano data
Jing Gang Ji
Deputy General Managerno datano datano data
Li Cheng
Deputy General Manager1.5yrsno datano data
Ping Wang
Deputy GM2.92yrsno datano data
Jun Cheng
Deputy General Manager1.5yrsno datano data
Wenwen Mou
Deputy General Manager1.5yrsno datano data

3.4yrs

Average Tenure

43yo

Average Age

Experienced Management: 300315's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yingchun Huang
CFO & Non-Independent Director7.75yrsCN¥461.00kno data
Huicheng Liu
Chairman & GMno datano data6.17%
CN¥ 988.0m
Wenzhe Yao
Vice Chairman & Deputy GMno datano datano data
Ping Wang
Deputy GM2.92yrsno datano data
Shan Shan Lou
Independent Directorno dataCN¥60.00kno data
Jia He
Directorno dataCN¥974.70kno data
Jiasu Lei
Independent Director5.83yrsno datano data
Renyu Li
Independent Director6.17yrsno datano data
Zhaodong Jiang
Independent Director4.42yrsno datano data
Dabin Xu
Chairman of Supervisory Boardno datano datano data
Zhigang Liu
Director1.5yrsno datano data
Jin Shang
Directorno datano datano data

5.1yrs

Average Tenure

43.5yo

Average Age

Experienced Board: 300315's board of directors are considered experienced (5.1 years average tenure).


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

Ourpalm Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ourpalm Co., Ltd.
  • Ticker: 300315
  • Exchange: SZSE
  • Founded: 2004
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: CN¥16.007b
  • Shares outstanding: 2.70b
  • Website: https://www.ourpalm.com

Number of Employees


Location

  • Ourpalm Co., Ltd.
  • Building C
  • LingZhi Center
  • Beijing
  • 100192
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
300315SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYMay 2012
300315XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYMay 2012

Biography

Ourpalm Co., Ltd. develops, publishes, and operates smart mobile and social Web games, and Websites. It also engages in the TV, film, and music production, as well as celebrity representation activities. T...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 09:04
End of Day Share Price2021/03/08 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.