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Starlight Culture Entertainment Group

SEHK:1159
Snowflake Description

Poor track record with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1159
SEHK
HK$1B
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Starlight Culture Entertainment Group Limited, an investment holding company, engages in the trading of chemical, energy conservation, and environmental protection products. The last earnings update was 67 days ago. More info.


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1159 Share Price and Events
7 Day Returns
-15.5%
SEHK:1159
1.1%
HK Trade Distributors
0.6%
HK Market
1 Year Returns
-15.5%
SEHK:1159
1.2%
HK Trade Distributors
-4.5%
HK Market
1159 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Starlight Culture Entertainment Group (1159) -15.5% 5.6% - -15.5% -22.8% -81.2%
HK Trade Distributors 1.1% -0.2% -6.3% 1.2% -23.9% -53.5%
HK Market 0.6% 0.4% -7% -4.5% 17.8% 1.1%
1 Year Return vs Industry and Market
  • 1159 underperformed the Trade Distributors industry which returned 1.2% over the past year.
  • 1159 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
1159
Industry
5yr Volatility vs Market

Value

 Is Starlight Culture Entertainment Group 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.

In this section, we usually try to help investors determine whether Starlight Culture Entertainment Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Starlight Culture Entertainment Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Starlight Culture Entertainment Group. This is due to cash flow or dividend data being unavailable. The share price is HK$1.69.
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 Starlight Culture Entertainment Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Starlight Culture Entertainment Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1159 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$-0.07
SEHK:1159 Share Price ** SEHK (2019-07-22) in HKD HK$1.69
Hong Kong Trade Distributors Industry PE Ratio Median Figure of 31 Publicly-Listed Trade Distributors Companies 11.91x
Hong Kong Market PE Ratio Median Figure of 1,512 Publicly-Listed Companies 10.77x

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

** Primary Listing of Starlight Culture Entertainment Group.

SEHK:1159 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1159 Share Price ÷ EPS (both in HKD)

= 1.69 ÷ -0.07

-22.95x

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

  • Starlight Culture Entertainment Group is loss making, we can't compare its value to the HK Trade Distributors industry average.
  • Starlight Culture Entertainment Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Starlight Culture Entertainment Group's expected growth come at a high price?
Raw Data
SEHK:1159 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -22.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Trade Distributors Industry PEG Ratio Median Figure of 80 Publicly-Listed Trade Distributors Companies 1.06x
Hong Kong Market PEG Ratio Median Figure of 481 Publicly-Listed Companies 0.8x

*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 Starlight Culture Entertainment Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Starlight Culture Entertainment Group's assets?
Raw Data
SEHK:1159 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$-0.17
SEHK:1159 Share Price * SEHK (2019-07-22) in HKD HK$1.69
Hong Kong Trade Distributors Industry PB Ratio Median Figure of 60 Publicly-Listed Trade Distributors Companies 0.81x
Hong Kong Market PB Ratio Median Figure of 2,198 Publicly-Listed Companies 0.92x
SEHK:1159 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1159 Share Price ÷ Book Value per Share (both in HKD)

= 1.69 ÷ -0.17

-9.71x

* Primary Listing of Starlight Culture Entertainment Group.

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

  • Starlight Culture Entertainment Group has negative assets, we can't compare the value of its assets to the HK Trade Distributors industry average.

Next steps:

  1. Take a look at our analysis of 1159’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Starlight Culture Entertainment Group's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Trade Distributors industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Starlight Culture Entertainment Group'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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. Starlight Culture Entertainment Group has a total score of 0/6, 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.

Future Performance

 How is Starlight Culture Entertainment Group 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 Starlight Culture Entertainment Group 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
11.4%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Starlight Culture Entertainment Group expected to grow at an attractive rate?
  • Unable to compare Starlight Culture Entertainment Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Starlight Culture Entertainment Group's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Starlight Culture Entertainment Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1159 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
Asia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*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
SEHK:1159 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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.
SEHK:1159 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1159 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 73 -277 -50
2018-09-30 55 -209 -67
2018-06-30 36 -141 -85
2018-03-31 38 -84 -190
2017-12-31 40 -27 -294
2017-09-30 61 -12 -300
2017-06-30 83 3 -306
2017-03-31 139 -68 -173
2016-12-31 196 -138 -40
2016-09-30 205 -198 -28
2016-06-30 215 -257 -16
2016-03-31 205 -209 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Starlight Culture Entertainment Group is high growth as no earnings estimate data is available.
  • Unable to determine if Starlight Culture Entertainment Group 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
SEHK:1159 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Starlight Culture Entertainment Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1159 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1159 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.07
2018-09-30 -0.10
2018-06-30 -0.13
2018-03-31 -0.30
2017-12-31 -0.49
2017-09-30 -0.54
2017-06-30 -0.59
2017-03-31 -0.34
2016-12-31 -0.08
2016-09-30 -0.06
2016-06-30 -0.03
2016-03-31 -0.01

*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 Starlight Culture Entertainment Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 1159’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Starlight Culture Entertainment Group'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 Capital Goods companies here
  3. Starlight Culture Entertainment Group'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 Starlight Culture Entertainment Group'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 Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia 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.
Starlight Culture Entertainment Group 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.

Past Performance

  How has Starlight Culture Entertainment Group 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 Starlight Culture Entertainment Group's growth in the last year to its industry (Trade Distributors).
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.
  • Starlight Culture Entertainment Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Starlight Culture Entertainment Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Starlight Culture Entertainment Group's 1-year growth to the HK Trade Distributors industry average as it is not currently profitable.
Earnings and Revenue History
Starlight Culture Entertainment Group'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 Starlight Culture Entertainment Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1159 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 73.49 -49.61 62.78
2018-09-30 54.98 -67.45 88.29
2018-06-30 36.48 -85.30 120.47
2018-03-31 38.22 -189.87 128.39
2017-12-31 39.96 -294.44 129.63
2017-09-30 61.49 -300.31 124.58
2017-06-30 83.03 -306.17 119.53
2017-03-31 139.29 -172.97 133.55
2016-12-31 195.56 -39.77 147.57
2016-09-30 205.39 -27.63 134.05
2016-06-30 215.22 -15.50 120.52
2016-03-31 205.04 -3.38 92.01
2015-12-31 194.86 8.73 63.51
2015-09-30 154.98 26.03 47.37
2015-06-30 115.11 43.33 31.23
2015-03-31 83.64 12.80 23.86
2014-12-31 52.17 -17.74 16.50
2014-09-30 88.06 -15.95 15.56
2014-06-30 123.95 -14.17 14.63
2014-03-31 99.87 165.07 13.64
2013-12-31 75.79 344.31 12.66
2013-09-30 41.14 338.28 11.39
2013-06-30 6.49 332.25 10.12
2013-03-31 8.28 148.48 9.30
2012-12-31 10.08 -35.29 8.48
2012-09-30 7.91 -36.84 8.50

*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.
  • It is difficult to establish if Starlight Culture Entertainment Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Starlight Culture Entertainment Group used its assets more efficiently than the HK Trade Distributors industry average last year based on Return on Assets.
  • It is difficult to establish if Starlight Culture Entertainment Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Starlight Culture Entertainment Group'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 Trade Distributors 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.
Starlight Culture Entertainment Group 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.

Health

 How is Starlight Culture Entertainment Group'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 Starlight Culture Entertainment Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Starlight Culture Entertainment Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Starlight Culture Entertainment Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Starlight Culture Entertainment Group'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.
  • Low level of unsold assets.
  • Starlight Culture Entertainment Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Starlight Culture Entertainment Group Company Filings, last reported 6 months ago.

SEHK:1159 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -163.35 555.94 132.08
2018-09-30 -163.35 555.94 132.08
2018-06-30 -140.55 437.92 47.28
2018-03-31 -140.55 437.92 47.28
2017-12-31 -110.45 364.59 96.65
2017-09-30 -110.45 364.59 96.65
2017-06-30 -123.33 252.90 151.69
2017-03-31 -123.33 252.90 151.69
2016-12-31 64.51 269.81 133.00
2016-09-30 64.51 269.81 133.00
2016-06-30 138.04 264.14 185.32
2016-03-31 138.04 264.14 185.32
2015-12-31 118.25 242.71 316.19
2015-09-30 118.25 242.71 316.19
2015-06-30 179.77 47.64 142.46
2015-03-31 179.77 47.64 142.46
2014-12-31 144.70 44.63 157.05
2014-09-30 144.70 44.63 157.05
2014-06-30 24.07 37.50 24.38
2014-03-31 24.07 37.50 24.38
2013-12-31 33.35 88.13 10.10
2013-09-30 33.35 88.13 10.10
2013-06-30 38.36 1.65 34.34
2013-03-31 38.36 1.65 34.34
2012-12-31 -340.65 350.88 9.92
2012-09-30 -340.65 350.88 9.92
  • Starlight Culture Entertainment Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Starlight Culture Entertainment Group's debt level has increased considering it has negative shareholder equity.
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.

  • Starlight Culture Entertainment Group has less than a year of cash runway based on current free cash flow.
  • Starlight Culture Entertainment Group has less than a year of cash runway if free cash flow continues to reduce at historical rates of -9.1% each year.
X
Financial health checks
We assess Starlight Culture Entertainment Group'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. Starlight Culture Entertainment Group has a total score of 1/6, 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.

Dividends

 What is Starlight Culture Entertainment Group'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
0%
Current annual income from Starlight Culture Entertainment Group dividends.
If you bought HK$2,000 of Starlight Culture Entertainment Group shares you are expected to receive HK$0 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?
  • Unable to evaluate Starlight Culture Entertainment Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Starlight Culture Entertainment Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
SEHK:1159 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
Hong Kong Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 4.7%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

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

SEHK:1159 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
SEHK:1159 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2008-09-23 0.000 0.000
2008-09-17 0.000 0.000

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

  • Unable to perform a dividend volatility check as Starlight Culture Entertainment Group has not reported any payouts.
  • Unable to verify if Starlight Culture Entertainment Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Starlight Culture Entertainment Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Starlight Culture Entertainment Group has not reported any payouts.
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 Starlight Culture Entertainment Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Starlight Culture Entertainment Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Starlight Culture Entertainment Group has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Starlight Culture Entertainment Group'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
Lei Luo
COMPENSATION HK$1,800,000
AGE 49
TENURE AS CEO 2.2 years
CEO Bio

Mr. Luo Lei has been Chief Executive Officer and Executive Director of Jimei International Entertainment Group Limited since May 31, 2017. Mr. Luo is a television and film director and producer. He has been in the television and film industry for over 15 years and has directed several Chinese mid- and long-length television series and films, including the television series (Love in Sunshine), (Blossoms of Hibiscus Flowers), (Cheng Du Wang Shi), (Snow Region Eagles), and the film (The Story of Panda and Assi). He also has extensive working experience in the film and television advertisement industry.

CEO Compensation
  • Lei's compensation has increased whilst company is loss making.
  • Lei's remuneration is about average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Starlight Culture Entertainment Group management team in years:

3.8
Average Tenure
49
Average Age
  • The tenure for the Starlight Culture Entertainment Group management team is about average.
Management Team

Lei Luo

TITLE
CEO & Executive Director
COMPENSATION
HK$2M
AGE
49
TENURE
2.2 yrs

Chit Chau

TITLE
Deputy Chairman
COMPENSATION
HK$3M
AGE
54

Brian Hung

TITLE
Executive Director
COMPENSATION
HK$960K
AGE
35

Qun Gao

TITLE
Executive Director
COMPENSATION
HK$287K
AGE
49

Jun Fang

TITLE
Chairman of the board
AGE
47

Andy Tsui

TITLE
Chief Financial Officer
COMPENSATION
HK$708K
AGE
49
TENURE
3.8 yrs

Yiu Cheung

TITLE
Company Secretary
COMPENSATION
HK$500K
TENURE
5.9 yrs
Board of Directors Tenure

Average tenure and age of the Starlight Culture Entertainment Group board of directors in years:

2
Average Tenure
50
Average Age
  • The average tenure for the Starlight Culture Entertainment Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Lei Luo

TITLE
CEO & Executive Director
COMPENSATION
HK$2M
AGE
49
TENURE
2.2 yrs

Chit Chau

TITLE
Deputy Chairman
COMPENSATION
HK$3M
AGE
54
TENURE
2.1 yrs

Brian Hung

TITLE
Executive Director
COMPENSATION
HK$960K
AGE
35
TENURE
4.8 yrs

Qun Gao

TITLE
Executive Director
COMPENSATION
HK$287K
AGE
49
TENURE
0.8 yrs

Jun Fang

TITLE
Chairman of the board
AGE
47
TENURE
0.2 yrs

Stephen Wong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
51
TENURE
2.2 yrs

Michael Ngai

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
52
TENURE
2.2 yrs

Shoulei Wang

TITLE
Non-Executive Director
COMPENSATION
HK$240K
AGE
36
TENURE
1.9 yrs

Runsheng Ma

TITLE
Independent Non Executive Director
AGE
63
TENURE
0.2 yrs

Wai Hung Wong

TITLE
Independent Non-Executive Director
AGE
64
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
23. May 19 Buy Guotou Zhonglian Investment Management (Beijing) Co., Ltd. Company 07. May 19 07. May 19 369,313,514 HK$0.89 HK$330,018,915
13. Sep 18 Sell Cosmic Leader Holdings Limited Company 11. Sep 18 11. Sep 18 -369,313,514 HK$0.89 HK$-330,019,206
X
Management checks
We assess Starlight Culture Entertainment Group'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. Starlight Culture Entertainment Group 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.

News

Simply Wall St News

Should You Have Starlight Culture Entertainment Group Limited's (HKG:1159) In Your Portfolio?

If you are a shareholder in Starlight Culture Entertainment Group Limited’s (HKG:1159), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … The first risk to think about is company-specific, which can be diversified away by investing in other companies in order to lower your exposure to one particular stock. … The second risk is market-wide, which arises from investing in the stock market.

Simply Wall St -

What's The Cash Runway For Starlight Culture Entertainment Group Limited (HKG:1159)?

Today I’ve examined Starlight Culture Entertainment Group’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital. … SEHK:1159 Income Statement May 15th 18 When will Starlight Culture Entertainment Group need to raise more cash? … Even though this is analysis is fairly basic, and Starlight Culture Entertainment Group still can cut its overhead in the near future, or raise debt capital instead of coming to equity markets, the analysis still helps us understand how sustainable the Starlight Culture Entertainment Group’s operation is, and when things may have to change.

Simply Wall St -

How Should You Think About Starlight Culture Entertainment Group Limited's (HKG:1159) Risks?

If you are looking to invest in Starlight Culture Entertainment Group Limited’s (SEHK:1159), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … How 1159's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

Who Owns Starlight Culture Entertainment Group Limited (HKG:1159)?

In this analysis, my focus will be on developing a perspective on Starlight Culture Entertainment Group Limited’s (SEHK:1159) latest ownership structure, a less discussed, but important factor. … Check out our latest analysis for Starlight Culture Entertainment Group SEHK:1159 Ownership_summary Apr 11th 18 Insider Ownership Another important group of shareholders are company insiders. … Private Company Ownership Potential investors in 1159 should also look at another important group of investors: private companies, with a stake of 54.83%, who are primarily invested because of strategic and capital gain interests.

Simply Wall St -

Company Info

Description

Starlight Culture Entertainment Group Limited, an investment holding company, engages in the trading of chemical, energy conservation, and environmental protection products. The company operates through three segments: Chemical Products, and Energy Conservation and Environmental Protection Products; Entertainment and Gaming Business; and Media and Culture Business. It also provides casino entertainment and gaming promotion services; and services to patrons. In addition, the company is involved in the investment, production, and distribution of entertainment content, such as films and television series. It has operations primarily in the United States, the People’s Republic of China, Australia, and Panama. The company was formerly known as Jimei International Entertainment Group Limited and changed its name to Starlight Culture Entertainment Group Limited in August 2017. Starlight Culture Entertainment Group Limited is headquartered in Hong Kong, Hong Kong.

Details
Name: Starlight Culture Entertainment Group Limited
1159
Exchange: SEHK
Founded:
HK$1,304,738,398
745,564,799
Website: http://www.starlightcul.com.hk
Address: Starlight Culture Entertainment Group Limited
118 Connaught Road West,
Room 1203,
Hong Kong,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1159 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 13. Mar 1998
Number of employees
Current staff
Staff numbers
35
Starlight Culture Entertainment Group employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 12:40
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2017/03/29
Last earnings filing: 2019/05/16
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.