DB:IB5A

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i-CABLE Communications

Executive Summary

i-CABLE Communications Limited, an investment holding company, provides integrated communications services in Hong Kong.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has i-CABLE Communications's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IB5A's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

IB5A

-1.5%

DE Media

-0.6%

DE Market


1 Year Return

-30.0%

IB5A

-21.3%

DE Media

3.0%

DE Market

Return vs Industry: IB5A underperformed the German Media industry which returned -20.4% over the past year.

Return vs Market: IB5A underperformed the German Market which returned 2.5% over the past year.


Shareholder returns

IB5AIndustryMarket
7 Day0%-1.5%-0.6%
30 Day0%-9.4%-0.1%
90 Day40.0%5.9%16.4%
1 Year-30.0%-30.0%-21.0%-21.3%5.2%3.0%
3 Year-75.9%-85.4%-34.0%-40.5%1.0%-6.9%
5 Year-83.7%-90.1%-40.5%-51.6%8.0%-6.4%

Price Volatility Vs. Market

How volatile is i-CABLE Communications's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is i-CABLE Communications undervalued compared to its fair value and its price relative to the market?

0.72x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate IB5A's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate IB5A's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: IB5A is unprofitable, so we can't compare its PE Ratio to the Media industry average.

PE vs Market: IB5A 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 IB5A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IB5A is good value based on its PB Ratio (0.7x) compared to the DE Media industry average (2x).


Next Steps

Future Growth

How is i-CABLE Communications forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.2%

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 i-CABLE Communications 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 i-CABLE Communications performed over the past 5 years?

-17.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IB5A is currently unprofitable.

Growing Profit Margin: IB5A is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IB5A is unprofitable, and losses have increased over the past 5 years at a rate of -17.7% per year.

Accelerating Growth: Unable to compare IB5A's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IB5A is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-2.2%).


Return on Equity

High ROE: IB5A has a negative Return on Equity (-62.02%), as it is currently unprofitable.


Next Steps

Financial Health

How is i-CABLE Communications's financial position?


Financial Position Analysis

Short Term Liabilities: IB5A's short term assets (HK$528.8M) do not cover its short term liabilities (HK$780.8M).

Long Term Liabilities: IB5A's short term assets (HK$528.8M) exceed its long term liabilities (HK$457.9M).


Debt to Equity History and Analysis

Debt Level: IB5A's debt to equity ratio (109%) is considered high.

Reducing Debt: IB5A's debt to equity ratio has increased from 9.7% to 109% over the past 5 years.


Balance Sheet


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: IB5A has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: IB5A has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.9% each year


Next Steps

Dividend

What is i-CABLE Communications's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IB5A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IB5A'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 IB5A's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IB5A's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: IB5A is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IB5A'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?

2.8yrs

Average board tenure


CEO

i-CABLE Communications has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Wai Chiu Wah
Executive Director2.83yrsHK$662.00kno data
Tat Cheong Chiu
Chairman2.83yrsHK$1.11mno data
Koon Hoo Luk
Independent Non-Executive Director9.83yrsHK$80.00kno data
Kar-Shun Cheng
Vice Chairman2.83yrsHK$1.11mno data
Shao Ming Hu
Independent Non Executive Director8.25yrsHK$60.00kno data
Kin-Fung Lam
Independent Non-Executive Director2.83yrsHK$60.00kno data
Cheong Thard Hoong
Non-Executive Director2.83yrsHK$505.00kno data
Sing Ming Tang
Independent Non-Executive Director6.5yrsHK$80.00kno data
On Yip Tsang
Non-Executive Director2.83yrsHK$505.00kno data
Ket Heng Lie Ken Jie
Non-Executive Director1yrHK$30.00kno data

2.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: IB5A's board of directors are not considered experienced ( 2.8 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: Insufficient data to determine if 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 15%.


Top Shareholders

Company Information

i-CABLE Communications Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: i-CABLE Communications Limited
  • Ticker: IB5A
  • Exchange: DB
  • Founded: 1999
  • Industry: Cable and Satellite
  • Sector: Media
  • Market Cap: HK$463.751m
  • Listing Market Cap: HK$52.957m
  • Shares outstanding: 7.13b
  • Website: https://www.i-cablecomm.com

Number of Employees


Location

  • i-CABLE Communications Limited
  • Cable TV Tower
  • 7th Floor
  • Tsuen Wan
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ICAB.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDNov 1999
ICAB.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 1999
1097SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 1999
IB5ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 1999

Biography

i-CABLE Communications Limited, an investment holding company, provides integrated communications services in Hong Kong. The company operates through Media, and Telecommunications segments. Its Media segment offers television subscription, domestic free television program, advertising, channel carriage, television relay, program licensing, theatrical release, and other related services. The company’s Telecommunications segment includes operations related to broadband internet access, portal operations, and mobile content licensing; and telephony, network leasing, network construction, and mobile agency services, as well as other related businesses. It owns and operates wireline telecommunications network, which provides media and telecommunications services to approximately two million households. The company also produces television and multimedia content focusing on news, information, sports, and entertainment. In addition, it provides technical services; and film production, distribution, and licensing services. The company was incorporated in 1999 and is based in Tsuen Wan, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/09 21:27
End of Day Share Price2020/05/21 00:00
Earnings2019/12/31
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.