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Paradise Entertainment

DB:LIL3
Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LIL3
DB
HK$1B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Paradise Entertainment Limited, an investment holding company, primarily provides casino management services in Macau and internationally. The last earnings update was 72 days ago. More info.


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LIL3 Share Price and Events
7 Day Returns
-2.3%
DB:LIL3
-2.6%
DE Hospitality
1.6%
DE Market
1 Year Returns
36.7%
DB:LIL3
-52.9%
DE Hospitality
-7.4%
DE Market
LIL3 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Paradise Entertainment (LIL3) -2.3% 6.2% 5.3% 36.7% 2.8% -72.1%
DE Hospitality -2.6% -3.9% -9.2% -52.9% -25.6% -30.6%
DE Market 1.6% 1.9% 2.6% -7.4% 14.7% 9.4%
1 Year Return vs Industry and Market
  • LIL3 outperformed the Hospitality industry which returned -52.9% over the past year.
  • LIL3 outperformed the Market in Germany which returned -7.4% over the past year.
Price Volatility
LIL3
Industry
5yr Volatility vs Market

LIL3 Value

 Is Paradise Entertainment undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Paradise Entertainment to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Paradise Entertainment.

DB:LIL3 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:LIL3
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.924 (1 + (1- 25%) (7.05%))
0.982
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.982 * 6.65%)
6.76%

Discounted Cash Flow Calculation for DB:LIL3 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Paradise Entertainment is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:LIL3 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 6.76%)
2019 89.00 Est @ 94.39% 83.37
2020 147.86 Est @ 66.14% 129.74
2021 216.42 Est @ 46.37% 177.88
2022 286.82 Est @ 32.52% 220.81
2023 352.31 Est @ 22.84% 254.07
2024 408.87 Est @ 16.05% 276.19
2025 455.10 Est @ 11.31% 287.96
2026 491.43 Est @ 7.98% 291.27
2027 519.22 Est @ 5.66% 288.26
2028 540.13 Est @ 4.03% 280.89
Present value of next 10 years cash flows HK$2,290.43
DB:LIL3 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HK$540.13 × (1 + 0.23%) ÷ (6.76% – 0.23%)
HK$8,291.83
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$8,291.83 ÷ (1 + 6.76%)10
HK$4,312.12
DB:LIL3 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$2,290.43 + HK$4,312.12
HK$6,602.55
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$6,602.55 / 1,052.19
HK$6.28
DB:LIL3 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:LIL3 represents 0.10447x of SEHK:1180
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.10447x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 6.28 x 0.10447
€0.66
Value per share (EUR) From above. €0.66
Current discount Discount to share price of €0.13
= -1 x (€0.13 - €0.66) / €0.66
80.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Paradise Entertainment is available for.
Intrinsic value
>50%
Share price is €0.1285 vs Future cash flow value of €0.65557
Current Discount Checks
For Paradise Entertainment to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Paradise Entertainment's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Paradise Entertainment's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Paradise Entertainment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Paradise Entertainment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:LIL3 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.06
SEHK:1180 Share Price ** SEHK (2019-06-21) in HKD HK$1.23
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Paradise Entertainment.

DB:LIL3 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1180 Share Price ÷ EPS (both in HKD)

= 1.23 ÷ 0.06

22.23x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Paradise Entertainment is overvalued based on earnings compared to the DE Hospitality industry average.
  • Paradise Entertainment is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Paradise Entertainment's expected growth come at a high price?
Raw Data
DB:LIL3 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.23x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.27x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Paradise Entertainment, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Paradise Entertainment's assets?
Raw Data
DB:LIL3 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.55
SEHK:1180 Share Price * SEHK (2019-06-21) in HKD HK$1.23
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 1.93x
Germany Market PB Ratio Median Figure of 575 Publicly-Listed Companies 1.8x
DB:LIL3 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1180 Share Price ÷ Book Value per Share (both in HKD)

= 1.23 ÷ 0.55

2.22x

* Primary Listing of Paradise Entertainment.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Paradise Entertainment is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Paradise Entertainment's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Paradise Entertainment has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LIL3 Future Performance

 How is Paradise Entertainment expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Paradise Entertainment 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Paradise Entertainment expected to grow at an attractive rate?
  • Unable to compare Paradise Entertainment's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Paradise Entertainment's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Paradise Entertainment's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:LIL3 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 22%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:LIL3 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:LIL3 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:LIL3 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,164 118 58
2018-09-30 1,125 109 47
2018-06-30 1,086 100 35
2018-03-31 1,049 77 2
2017-12-31 1,012 54 -31
2017-09-30 1,072 38 -17
2017-06-30 1,133 22 -4
2017-03-31 1,148 32 -192
2016-12-31 1,163 42 -380
2016-09-30 1,102 9 -469
2016-06-30 1,041 -24 -558
2016-03-31 1,066 9 -362

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Paradise Entertainment is high growth as no earnings estimate data is available.
  • Unable to determine if Paradise Entertainment is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:LIL3 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Paradise Entertainment Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LIL3 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:LIL3 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.06
2018-09-30 0.04
2018-06-30 0.03
2018-03-31 0.00
2017-12-31 -0.03
2017-09-30 -0.02
2017-06-30 0.00
2017-03-31 -0.18
2016-12-31 -0.36
2016-09-30 -0.45
2016-06-30 -0.53
2016-03-31 -0.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Paradise Entertainment will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Paradise Entertainment's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Paradise Entertainment's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. Paradise Entertainment's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Paradise Entertainment's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Paradise Entertainment has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LIL3 Past Performance

  How has Paradise Entertainment performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Paradise Entertainment's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Paradise Entertainment's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Paradise Entertainment has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Paradise Entertainment has become profitable in the last year making it difficult to compare the DE Hospitality industry average.
Earnings and Revenue History
Paradise Entertainment's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Paradise Entertainment Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LIL3 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,164.21 58.22 480.27
2018-09-30 1,125.35 46.53 469.82
2018-06-30 1,086.50 34.84 459.37
2018-03-31 1,049.17 2.07 457.70
2017-12-31 1,011.84 -30.70 456.02
2017-09-30 1,072.34 -17.23 443.21
2017-06-30 1,132.83 -3.76 430.39
2017-03-31 1,148.09 -192.07 434.20
2016-12-31 1,163.35 -380.38 438.02
2016-09-30 1,102.07 -469.28 430.99
2016-06-30 1,040.79 -558.18 423.96
2016-03-31 1,066.43 -361.68 426.93
2015-12-31 1,092.08 -165.19 429.89
2015-09-30 1,122.50 -88.10 460.97
2015-06-30 1,152.92 -11.01 492.04
2015-03-31 1,172.60 23.72 497.66
2014-12-31 1,192.29 58.44 503.28
2014-09-30 1,214.03 80.31 490.77
2014-06-30 1,235.77 102.17 478.26
2014-03-31 1,133.11 99.45 452.22
2013-12-31 1,030.46 96.73 426.18
2013-09-30 923.22 108.12 391.24
2013-06-30 815.98 119.50 356.31
2013-03-31 772.47 112.55 329.32
2012-12-31 728.95 105.61 302.33
2012-09-30 653.02 82.43 269.20
2012-06-30 577.08 59.26 236.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Paradise Entertainment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Paradise Entertainment used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Paradise Entertainment has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Paradise Entertainment's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Paradise Entertainment has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LIL3 Health

 How is Paradise Entertainment's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Paradise Entertainment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Paradise Entertainment is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Paradise Entertainment's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Paradise Entertainment's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Paradise Entertainment Company Filings, last reported 5 months ago.

DB:LIL3 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 628.72 91.29 264.83
2018-09-30 628.72 91.29 264.83
2018-06-30 603.34 2.04 230.19
2018-03-31 603.34 2.04 230.19
2017-12-31 577.76 2.97 250.85
2017-09-30 577.76 2.97 250.85
2017-06-30 588.69 0.99 254.50
2017-03-31 588.69 0.99 254.50
2016-12-31 622.77 91.72 307.75
2016-09-30 622.77 91.72 307.75
2016-06-30 566.04 85.91 465.44
2016-03-31 566.04 85.91 465.44
2015-12-31 976.56 80.76 298.41
2015-09-30 976.56 80.76 298.41
2015-06-30 1,117.89 72.37 452.45
2015-03-31 1,117.89 72.37 452.45
2014-12-31 1,191.53 71.18 377.43
2014-09-30 1,191.53 71.18 377.43
2014-06-30 1,216.91 63.58 340.30
2014-03-31 1,216.91 63.58 340.30
2013-12-31 1,175.29 130.42 300.84
2013-09-30 1,175.29 130.42 300.84
2013-06-30 965.29 174.76 128.96
2013-03-31 965.29 174.76 128.96
2012-12-31 408.70 87.35 196.17
2012-09-30 408.70 87.35 196.17
2012-06-30 318.17 110.45 142.30
  • Paradise Entertainment's level of debt (14.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (11% vs 14.5% today).
  • Debt is well covered by operating cash flow (129.2%, greater than 20% of total debt).
  • Paradise Entertainment earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Paradise Entertainment's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Paradise Entertainment has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LIL3 Dividends

 What is Paradise Entertainment's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.03%
Current annual income from Paradise Entertainment dividends.
If you bought €2,000 of Paradise Entertainment shares you are expected to receive €41 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Paradise Entertainment's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.45%).
  • Paradise Entertainment's dividend is below the markets top 25% of dividend payers in Germany (3.83%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:LIL3 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:LIL3 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
DB:LIL3 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-04-12 0.025 2.075
2016-09-22 0.000 0.000
2016-08-26 0.000 0.000
2016-04-26 0.000 0.000
2016-03-30 0.000 0.000
2015-09-24 0.000 0.000
2015-08-28 0.000 0.000
2015-04-28 0.100 4.963
2015-03-27 0.100 4.462
2014-09-03 0.040 1.354
2014-08-28 0.040 1.097
2014-04-29 0.050 0.905
2014-03-27 0.050 0.779

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Paradise Entertainment has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Paradise Entertainment has only been paying a dividend for 5 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Paradise Entertainment's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Paradise Entertainment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Paradise Entertainment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Paradise Entertainment has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LIL3 Management

 What is the CEO of Paradise Entertainment's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jay Chun
COMPENSATION HK$13,474,000
AGE 53
TENURE AS CEO 20.4 years
CEO Bio

Mr. Jay Chun has been the Managing Director of Paradise Entertainment Limited since January 1999 and has been its Chairman since July 2002. Mr. Chun has a solid background in information technology and marketing and over 14 years of Management and Investment Experience. He is a talented Entrepreneur and Manager. He serves as an Executive Director of Paradise Entertainment Limited. He served as an Independent Non Executive Director of FT Holdings International Ltd. since August 22, 2003. Mr. Chun served as an Independent Non-executive Director of Hua Yi Copper Holdings Ltd. until June 29,2005. He served as an Independent Non Executive Director of Hong Kong Health Check and Laboratory Holdings Company Limited since January 12, 2005 until October 23, 2006. Mr. Chun is one of the founder members of Macau Gaming Equipment Manufacturers Association ("MGEMA") and has been the chairman of MGEMA since its establishment in 2012. Mr. Chun holds a master’s degree in business administration from the W.P. Carey School of Business at the Arizona State University and a bachelor’s degree in computer science from the Shanghai University of Science and Technology.

CEO Compensation
  • Jay's compensation has increased in line with Paradise Entertainment recently becoming profitable.
  • Jay's remuneration is higher than average for companies of similar size in Germany.
Management Team

Jay Chun

TITLE
Chairman & MD
COMPENSATION
HK$13M
AGE
53
TENURE
20.4 yrs

Shiyong Shan

TITLE
Executive Director
COMPENSATION
HK$12M
AGE
54

Liming Hu

TITLE
Executive Director
COMPENSATION
HK$120K
AGE
53

Kin Man Chan

TITLE
Groups CFO & Company Secretary
AGE
42
TENURE
2.3 yrs

Yi Zhao

TITLE
Groups Chief Operating Officer of the Electronic Gaming Business
AGE
40
Board of Directors Tenure

Average tenure and age of the Paradise Entertainment board of directors in years:

10.2
Average Tenure
53
Average Age
  • The average tenure for the Paradise Entertainment board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jay Chun

TITLE
Chairman & MD
COMPENSATION
HK$13M
AGE
53
TENURE
16.9 yrs

Shiyong Shan

TITLE
Executive Director
COMPENSATION
HK$12M
AGE
54
TENURE
20.7 yrs

Liming Hu

TITLE
Executive Director
COMPENSATION
HK$120K
AGE
53
TENURE
8.6 yrs

John Li

TITLE
Independent Non Executive Director
COMPENSATION
HK$120K
AGE
62
TENURE
11.8 yrs

Kai-Shing Tao

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
41
TENURE
5.2 yrs

Alice Tang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
36
TENURE
5.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
23. Nov 18 Buy FIL Limited Company 20. Nov 18 20. Nov 18 5,656,000 €0.10 €570,429
X
Management checks
We assess Paradise Entertainment's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Paradise Entertainment has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LIL3 News

Simply Wall St News

LIL3 Company Info

Description

Paradise Entertainment Limited, an investment holding company, primarily provides casino management services in Macau and internationally. The company operates through Casino Management Services and Gaming Systems segments. It operates Casino Kam Pek Paradise, which offers various games, such as baccarat, roulette, sic bo, etc. on live multi gaming terminals, traditional tables, and slot machines; and Casino Waldo, a boutique hotel accommodating 162 guest rooms and a casino to play games on traditional tables, slot machines, and live multi gaming machines. The company also engages in the development, sale, and leasing of electronic gaming equipment and systems. Its gaming products include the Live Multi Game Machine system, which broadcasts live dealers to multiple terminals and supports multiple tables betting on the same terminal; and the Paradise Jackpot System, a baccarat side-bet progressive jackpot. In addition, it provides management and consulting services; and properties holding, market development, and software development services. The company was formerly known as LifeTec Group Limited and changed its name to Paradise Entertainment Limited in May 2007. The company was incorporated in 1996 and is headquartered in Central, Hong Kong. Paradise Entertainment Limited is a subsidiary of August Profit Investments Limited.

Details
Name: Paradise Entertainment Limited
LIL3
Exchange: DB
Founded: 1996
HK$146,354,406
1,052,185,000
Website: http://www.hk1180.com
Address: Paradise Entertainment Limited
Entertainment Building,
Unit C,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1180 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 22. Jan 1997
OTCPK PDSS.F Ordinary Shares Pink Sheets LLC US USD 22. Jan 1997
DB LIL3 Ordinary Shares Deutsche Boerse AG DE EUR 22. Jan 1997
Number of employees
Current staff
Staff numbers
430
Paradise Entertainment employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/23 22:02
End of day share price update: 2019/06/21 00:00
Last estimates confirmation: 2018/03/26
Last earnings filing: 2019/04/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.