Valuation Update With 7 Day Price Move • 9h
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥41.07, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 25x in the Media industry in China. Total loss to shareholders of 18% over the past three years. Announcement • Jun 30
Three's Company Future Technology Group Co., Ltd. to Report First Half, 2026 Results on Aug 31, 2026 Three's Company Future Technology Group Co., Ltd. announced that they will report first half, 2026 results on Aug 31, 2026 Declared Dividend • May 22
Dividend of CN¥0.72 announced Shareholders will receive a dividend of CN¥0.72. Ex-date: 26th May 2026 Payment date: 26th May 2026 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio). However, it is covered by cash flows (68% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 131% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Dehuan Liu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 20
Three's Company Future Technology Group Co., Ltd., Annual General Meeting, May 08, 2026 Three's Company Future Technology Group Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: 12F, Block C, No. 7, Zhichun Road, Haidian District, Beijing China Announcement • Mar 30
Three's Company Media Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Three's Company Media Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 26
Three's Company Media Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Three's Company Media Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 Announcement • Sep 30
Three's Company Media Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Three's Company Media Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jun 30
Three's Company Media Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Three's Company Media Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Apr 20
Three's Company Media Group Co., Ltd., Annual General Meeting, May 09, 2025 Three's Company Media Group Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: 12F, Block C, No. 7, Zhichun Road, Haidian District, Beijing China Announcement • Mar 28
Three's Company Media Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Three's Company Media Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 27
Three's Company Media Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Three's Company Media Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: CN¥1.17b (down 31% from 3Q 2023). Net income: CN¥51.5m (down 50% from 3Q 2023). Profit margin: 4.4% (down from 6.0% in 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥29.11, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Media industry in China. Total loss to shareholders of 14% over the past three years. Announcement • Sep 30
Three's Company Media Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Three's Company Media Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥29.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Media industry in China. Total loss to shareholders of 15% over the past three years. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.79 (vs CN¥0.35 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.79 (up from CN¥0.35 in 2Q 2023). Revenue: CN¥975.7m (down 23% from 2Q 2023). Net income: CN¥81.5m (up 9.1% from 2Q 2023). Profit margin: 8.3% (up from 5.9% in 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Aug 16
Three's Company Media Group Co., Ltd. (SHSE:605168) announces an Equity Buyback for CNY 100 million worth of its shares. Three's Company Media Group Co., Ltd. (SHSE:605168) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 46.67 per share. The shares repurchased will be used to reduce the company's registered capital. The program will be valid for a period of 3 months from shareholders approval. Announcement • Jun 28
Three's Company Media Group Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Three's Company Media Group Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Buy Or Sell Opportunity • Jun 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to CN¥30.14. The fair value is estimated to be CN¥38.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 147% in the next 2 years. Announcement • May 01
Three's Company Media Group Co., Ltd., Annual General Meeting, May 20, 2024 Three's Company Media Group Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 12F, Block C, No. 7, Zhichun Road, Haidian District, Beijing China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.96 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.33 (down from CN¥0.96 in 1Q 2023). Revenue: CN¥936.4m (flat on 1Q 2023). Net income: CN¥48.7m (down 66% from 1Q 2023). Profit margin: 5.2% (down from 15% in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Three's Company Media Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Three's Company Media Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥67.16, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 19x in the Media industry in China. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥48.23, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 16x in the Media industry in China. Total loss to shareholders of 31% over the past three years. Announcement • Dec 30
Three's Company Media Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Three's Company Media Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: CN¥1.69b (up 10% from 3Q 2022). Net income: CN¥102.2m (up 19% from 3Q 2022). Profit margin: 6.0% (up from 5.6% in 3Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China. Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: CN¥1.38 (vs CN¥1.06 in 2Q 2022) Second quarter 2023 results: EPS: CN¥1.38. Revenue: CN¥1.26b (up 11% from 2Q 2022). Net income: CN¥74.6m (down 52% from 2Q 2022). Profit margin: 5.9% (down from 14% in 2Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China. Announcement • Jun 28
Three's Company Media Group Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Three's Company Media Group Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥131, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Media industry in China. Total returns to shareholders of 20% over the past year. Upcoming Dividend • Jun 21
Upcoming dividend of CN¥2.20 per share at 1.5% yield Eligible shareholders must have bought the stock before 28 June 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (2.1%). Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥144, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 20x in the Media industry in China. Total returns to shareholders of 57% over the past year. Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: CN¥8.35 (vs CN¥5.02 in FY 2021) Full year 2022 results: EPS: CN¥8.35 (up from CN¥5.02 in FY 2021). Revenue: CN¥5.65b (up 58% from FY 2021). Net income: CN¥736.4m (up 46% from FY 2021). Profit margin: 13% (down from 14% in FY 2021). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Media industry in China. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥149, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Media industry in China. Total returns to shareholders of 35% over the past year. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥122, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 20x in the Media industry in China. Total returns to shareholders of 4.9% over the past year. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥122, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Media industry in China. Total loss to shareholders of 3.6% over the past year. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥101, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Media industry in China. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥41.84 per share. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥69.67, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Media industry in China. Total loss to shareholders of 3.1% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.48 per share. Reported Earnings • Oct 21
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CN¥1.54b (up 108% from 3Q 2021). Net income: CN¥86.0m (down 8.4% from 3Q 2021). Profit margin: 5.6% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Media industry in China. Reported Earnings • Jul 23
Second quarter 2022 earnings released: EPS: CN¥3.19 (vs CN¥1.14 in 2Q 2021) Second quarter 2022 results: EPS: CN¥3.19 (up from CN¥1.14 in 2Q 2021). Revenue: CN¥1.14b (up 36% from 2Q 2021). Net income: CN¥156.0m (up 37% from 2Q 2021). Profit margin: 14% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 51%, compared to a 10% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥117, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 26% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥67.62 per share. Buying Opportunity • Apr 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be CN¥177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings is also forecast to grow by 29% per annum over the same time period. Reported Earnings • Apr 10
Full year 2021 earnings released: EPS: CN¥7.25 (vs CN¥5.86 in FY 2020) Full year 2021 results: EPS: CN¥7.25 (up from CN¥5.86 in FY 2020). Revenue: CN¥3.57b (up 27% from FY 2020). Net income: CN¥505.0m (up 39% from FY 2020). Profit margin: 14% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 44%, compared to a 15% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥185, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Media industry in China. Total returns to shareholders of 27% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥80.79 per share. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥7.26 (up from CN¥5.86 in FY 2020). Revenue: CN¥3.57b (up 27% from FY 2020). Net income: CN¥505.8m (up 39% from FY 2020). Profit margin: 14% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 44%, compared to a 16% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥175, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Media industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥104 per share. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥138, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Media industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥105 per share. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS CN¥1.34 (vs CN¥1.16 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥738.3m (up 7.4% from 3Q 2020). Net income: CN¥93.8m (up 17% from 3Q 2020). Profit margin: 13% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥1.65 (vs CN¥1.08 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥840.0m (up 19% from 2Q 2020). Net income: CN¥113.7m (up 83% from 2Q 2020). Profit margin: 14% (up from 8.8% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥5.86 (vs CN¥3.74 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.81b (up 72% from FY 2019). Net income: CN¥362.8m (up 87% from FY 2019). Profit margin: 13% (up from 12% in FY 2019). The increase in margin was driven by higher revenue.