XSSC:600757

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Changjiang Publishing & MediaLtd

Executive Summary

Changjiang Publishing & Media Co.,Ltd operates as a media publishing company in China.


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Changjiang Publishing & MediaLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600757 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.2%

600757

0.4%

CN Media

-0.8%

CN Market


1 Year Return

-13.4%

600757

35.3%

CN Media

35.9%

CN Market

Return vs Industry: 600757 underperformed the CN Media industry which returned 33.8% over the past year.

Return vs Market: 600757 underperformed the CN Market which returned 34.7% over the past year.


Shareholder returns

600757IndustryMarket
7 Day2.2%0.4%-0.8%
30 Day-0.2%-3.8%-0.8%
90 Day6.5%12.8%21.8%
1 Year-10.0%-13.4%37.6%35.3%38.2%35.9%
3 Year-18.6%-24.5%-18.9%-22.4%20.5%14.7%
5 Yearn/a-49.9%-53.0%14.2%6.7%

Price Volatility Vs. Market

How volatile is Changjiang Publishing & MediaLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Changjiang Publishing & MediaLtd 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: 600757 (CN¥5.58) is trading below our estimate of fair value (CN¥34.27)

Significantly Below Fair Value: 600757 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600757 is good value based on its PE Ratio (10.1x) compared to the CN Media industry average (50.7x).

PE vs Market: 600757 is good value based on its PE Ratio (10.1x) compared to the CN market (43.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600757's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600757 is good value based on its PB Ratio (0.9x) compared to the CN Media industry average (2.2x).


Next Steps

Future Growth

How is Changjiang Publishing & MediaLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.9%

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 Changjiang Publishing & MediaLtd 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.


Next Steps

Past Performance

How has Changjiang Publishing & MediaLtd performed over the past 5 years?

20.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600757 has high quality earnings.

Growing Profit Margin: 600757's current net profit margins (9.6%) are higher than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: 600757's earnings have grown significantly by 20.1% per year over the past 5 years.

Accelerating Growth: 600757's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600757 had negative earnings growth (-15.3%) over the past year, making it difficult to compare to the Media industry average (-6%).


Return on Equity

High ROE: 600757's Return on Equity (9%) is considered low.


Next Steps

Financial Health

How is Changjiang Publishing & MediaLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 600757's short term assets (CN¥8.7B) exceed its short term liabilities (CN¥3.3B).

Long Term Liabilities: 600757's short term assets (CN¥8.7B) exceed its long term liabilities (CN¥136.9M).


Debt to Equity History and Analysis

Debt Level: 600757's debt to equity ratio (0.4%) is considered satisfactory.

Reducing Debt: 600757's debt to equity ratio has reduced from 0.7% to 0.4% over the past 5 years.

Debt Coverage: 600757's debt is well covered by operating cash flow (3070.7%).

Interest Coverage: 600757 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Changjiang Publishing & MediaLtd current dividend yield, its reliability and sustainability?

3.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600757's dividend (3.58%) is higher than the bottom 25% of dividend payers in the CN market (0.35%).

High Dividend: 600757's dividend (3.58%) is in the top 25% of dividend payers in the CN market (1.62%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 600757 has been paying a dividend for less than 10 years.

Growing Dividend: 600757's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.3%), 600757'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¥773k

CEO Compensation


CEO

Yi Ping Zhou

no data

Tenure

CN¥773,300

Compensation

Mr. Yi Ping Zhou serves as General Manager and Director at Changjiang Publishing and Media Company Limited.


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

Changjiang Publishing & Media Co.,Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Changjiang Publishing & Media Co.,Ltd
  • Ticker: 600757
  • Exchange: XSSC
  • Founded: 2004
  • Industry: Publishing
  • Sector: Media
  • Market Cap: CN¥6.772b
  • Shares outstanding: 1.21b
  • Website: https://www.cjcm.com.cn

Number of Employees


Location

  • Changjiang Publishing & Media Co.,Ltd
  • No. 268, Xiongchu Main Street
  • Block B
  • Wuhan
  • Hubei Province
  • 430070
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600757SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYJan 2012
600757XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYJan 2012

Biography

Changjiang Publishing & Media Co.,Ltd operates as a media publishing company in China. The company publishes books, newspapers, and periodicals. It is also involved in the provision of book printing servic ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 20:54
End of Day Share Price2020/08/14 00:00
Earnings2020/03/31
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.