DB:CBW

Stock Analysis Report

Alibaba Pictures Group

Executive Summary

Alibaba Pictures Group Limited, an investment holding company, operates an Internet-driven integrated platform primarily in the People's Republic of China.


Snowflake Analysis

High growth potential with adequate balance sheet.

Share Price & News

How has Alibaba Pictures Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CBW's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.3%

CBW

20.7%

DE Entertainment

7.3%

DE Market


1 Year Return

-25.2%

CBW

-8.9%

DE Entertainment

-17.7%

DE Market

Return vs Industry: CBW underperformed the German Entertainment industry which returned -8.9% over the past year.

Return vs Market: CBW underperformed the German Market which returned -17.5% over the past year.


Shareholder returns

CBWIndustryMarket
7 Day-4.3%20.7%7.3%
30 Day-12.0%-17.8%-17.9%
90 Day-32.9%-27.8%-25.8%
1 Year-25.2%-25.2%-7.6%-8.9%-15.1%-17.7%
3 Year-30.4%-30.4%-3.0%-7.7%-18.7%-25.6%
5 Year-68.7%-68.7%40.5%29.3%-17.7%-29.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Alibaba Pictures Group undervalued compared to its fair value and its price relative to the market?

40.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CBW (€0.11) is trading below our estimate of fair value (€0.19)

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


Price To Earnings Ratio

PE vs Industry: CBW is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.

PE vs Market: CBW is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CBW is overvalued based on its PB Ratio (1.7x) compared to the DE Entertainment industry average (1x).


Next Steps

Future Growth

How is Alibaba Pictures Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

108.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).

Earnings vs Market: CBW is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CBW's is expected to become profitable in the next 3 years.

Revenue vs Market: CBW's revenue (24.3% per year) is forecast to grow faster than the German market (4.2% per year).

High Growth Revenue: CBW's revenue (24.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CBW's Return on Equity is forecast to be low in 3 years time (5.7%).


Next Steps

Past Performance

How has Alibaba Pictures Group performed over the past 5 years?

-27.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBW is currently unprofitable.

Growing Profit Margin: CBW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CBW is unprofitable, and losses have increased over the past 5 years at a rate of -27.8% per year.

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

Earnings vs Industry: CBW is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-50.4%).


Return on Equity

High ROE: CBW has a negative Return on Equity (-3.66%), as it is currently unprofitable.


Next Steps

Financial Health

How is Alibaba Pictures Group's financial position?


Financial Position Analysis

Short Term Liabilities: CBW's short term assets (CN¥8.8B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: CBW's short term assets (CN¥8.8B) exceed its long term liabilities (CN¥1.1B).


Debt to Equity History and Analysis

Debt Level: CBW's debt to equity ratio (5.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CBW's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: CBW has a low level of unsold assets or inventory.

Debt Coverage by Assets: CBW's debt is covered by short term assets (assets are 11.7x debt).


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: CBW has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CBW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Alibaba Pictures Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate CBW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CBW's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CBW's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average board tenure


CEO

Luyuan Fan (46yo)

2.58s

Tenure

Mr. Luyuan Fan serves as President of Alibaba Digital Media and Entertainment at Alibaba Group Holding Ltd. He has been President of Tudou.Com at Youku Tudou Inc. since December 5, 2018. Mr. Fan has been t ...


Board Members

NamePositionTenureCompensationOwnership
Luyuan Fan
Chairman & CEO2.58yrsno datano data
Jun Meng
CFO & Executive Director1yrno datano data
Johnny Chen
Independent Non-Executive Director4.17yrsCN¥258.00kno data
Lixin Song
Independent Non-Executive Director5.25yrsCN¥240.00kno data
Xiaomeng Tong
Independent Non-Executive Director5.75yrsCN¥292.00kno data
Hong Xu
Non-Executive Director0.17yrno datano data
Yang Chang
Non-Executive Director1yrno data0.00075% CN¥24.1k

2.4yrs

Average Tenure

46yo

Average Age

Experienced Board: CBW's board of directors are not considered experienced ( 2.4 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: CBW insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.


Top Shareholders

Company Information

Alibaba Pictures Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alibaba Pictures Group Limited
  • Ticker: CBW
  • Exchange: DB
  • Founded:
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: HK$27.627b
  • Listing Market Cap: HK$3.214b
  • Shares outstanding: 26.82b
  • Website: https://www.alibabapictures.com

Number of Employees


Location

  • Alibaba Pictures Group Limited
  • Times Square
  • Tower One
  • Causeway Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
S91SGX (Singapore Exchange)YesOrdinary SharesSGHKDJan 2007
1060SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2007
CBWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 2007
1060SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 2007
1060SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 2007

Biography

Alibaba Pictures Group Limited, an investment holding company, operates an Internet-driven integrated platform primarily in the People's Republic of China. The company operates through three segments: Internet-Based Promotion and Distribution, Content Production, and Integrated Development. Its platform covers content production, promotion and distribution, intellectual property licensing and integrated management, cinema ticketing management, and data services for the entertainment industry. The company is also involved in the production of broadcasting and television programs; exchanging and planning of screen-based cultural and art events; and films and TV copyrights investment, production, and distribution, as well as performance brokerage activities. In addition, it engages in the organization of cultural and art exchange events; design, production, agency sale, and release of advertisements; development, consultation, service, and transfer of electronic information and network technologies; and software production activities. Further, the company offers technical-promotion, computer system, and software design services; advertises and sells entertainment related merchandise and derivatives; constructs, operates, and manages cinemas; manages and leases commercial facilities; and sells and leases audio and visual, cultural, and entertainment facilities. Additionally, it is involved in the provision of talent and ticketing agency, investment management and consultancy, exhibition, Internet information, and marketing services; and industrial investment and e-commerce businesses. The company was formerly known as ChinaVision Media Group Limited and changed its name to Alibaba Pictures Group Limited in June 2014. Alibaba Pictures Group Limited is headquartered in Causeway Bay, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 21:53
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.