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Asia Television Holdings

SEHK:707
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
707
SEHK
HK$2B
Market Cap
  1. Home
  2. HK
  3. Consumer Durables
Company description

Asia Television Holdings Limited, an investment holding company, engages in processing, printing, and selling finished fabrics in the People’s Republic of China, Malaysia, and Hong Kong. The last earnings update was 25 days ago. More info.


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  • Asia Television Holdings has significant price volatility in the past 3 months.
707 Share Price and Events
7 Day Returns
-8.2%
SEHK:707
-3.6%
HK Luxury
-2.5%
HK Market
1 Year Returns
-22.9%
SEHK:707
-12.2%
HK Luxury
-15.9%
HK Market
707 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Asia Television Holdings (707) -8.2% -4.9% -14.2% -22.9% -14.2% 3.9%
HK Luxury -3.6% -6.2% 0.6% -12.2% 19.3% 3.1%
HK Market -2.5% -8.6% -3.6% -15.9% 25.4% 7.8%
1 Year Return vs Industry and Market
  • 707 underperformed the Luxury industry which returned -12.2% over the past year.
  • 707 underperformed the Market in Hong Kong which returned -15.9% over the past year.
Price Volatility
707
Industry
5yr Volatility vs Market

Value

 Is Asia Television Holdings 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
  • It is not possible to calculate the future cash flow value for Asia Television Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.212.
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 Asia Television Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Asia Television Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:707 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.11
SEHK:707 Share Price ** SEHK (2019-05-20) in HKD HK$0.21
SEHK:707 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥0.19
Hong Kong Luxury Industry PE Ratio Median Figure of 77 Publicly-Listed Luxury Companies 10.43x
Hong Kong Market PE Ratio Median Figure of 1,476 Publicly-Listed Companies 11.17x

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

** Primary Listing of Asia Television Holdings.

SEHK:707 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:707 Share Price ÷ EPS (both in CNY)

= 0.19 ÷ -0.11

-1.65x

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

  • Asia Television Holdings is loss making, we can't compare its value to the HK Luxury industry average.
  • Asia Television Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Asia Television Holdings's expected growth come at a high price?
Raw Data
SEHK:707 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Luxury Industry PEG Ratio Median Figure of 23 Publicly-Listed Luxury Companies 0.87x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*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 Asia Television Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Asia Television Holdings's assets?
Raw Data
SEHK:707 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.07
SEHK:707 Share Price * SEHK (2019-05-20) in HKD HK$0.21
SEHK:707 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥0.19
Hong Kong Luxury Industry PB Ratio Median Figure of 122 Publicly-Listed Luxury Companies 1.1x
Hong Kong Market PB Ratio Median Figure of 2,155 Publicly-Listed Companies 0.97x
SEHK:707 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:707 Share Price ÷ Book Value per Share (both in CNY)

= 0.19 ÷ 0.07

2.85x

* Primary Listing of Asia Television Holdings.

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

  • Asia Television Holdings is overvalued based on assets compared to the HK Luxury industry average.
X
Value checks
We assess Asia Television Holdings'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 Luxury 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 Luxury industry average (and greater than 0)? (1 check)
  5. Asia Television Holdings 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 Asia Television Holdings 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 Asia Television Holdings 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
15.9%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Asia Television Holdings expected to grow at an attractive rate?
  • Unable to compare Asia Television Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Asia Television Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Asia Television Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:707 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Luxury Industry Earnings Growth Rate Market Cap Weighted Average 15.9%
Hong Kong Luxury Industry Revenue Growth Rate Market Cap Weighted Average 11.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*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:707 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:707 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:707 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 166 -55 -801
2018-09-30 159 84 -592
2018-06-30 151 223 -384
2018-03-31 151 43 -255
2017-12-31 151 -137 -127
2017-09-30 162 -281 -50
2017-06-30 173 -426 27
2017-03-31 186 -424 28
2016-12-31 199 -422 29
2016-09-30 206 -448 10
2016-06-30 213 -475 -10
2016-03-31 243 -304 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Asia Television Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Asia Television Holdings 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:707 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Asia Television Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:707 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:707 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.11
2018-09-30 -0.09
2018-06-30 -0.06
2018-03-31 -0.04
2017-12-31 -0.02
2017-09-30 -0.01
2017-06-30 0.01
2017-03-31 0.01
2016-12-31 0.01
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*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 Asia Television Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Asia Television Holdings'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 Durables companies here
  2. Asia Television Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Asia Television Holdings'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 Hong Kong 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.
Asia Television Holdings 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 Asia Television Holdings 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 Asia Television Holdings's growth in the last year to its industry (Luxury).
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.
  • Asia Television Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Asia Television Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Asia Television Holdings's 1-year growth to the HK Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Asia Television Holdings'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 Asia Television Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:707 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 166.03 -800.53 165.64
2018-09-30 158.65 -592.13 159.95
2018-06-30 151.28 -383.74 154.08
2018-03-31 151.01 -255.24 130.06
2017-12-31 150.75 -126.75 106.21
2017-09-30 161.91 -49.92 87.74
2017-06-30 173.07 26.92 69.26
2017-03-31 185.84 28.06 59.84
2016-12-31 198.62 29.20 50.42
2016-09-30 205.82 9.66 41.01
2016-06-30 213.02 -9.88 31.60
2016-03-31 243.16 -8.39 30.53
2015-12-31 273.30 -6.90 29.45
2015-09-30 314.23 5.81 29.66
2015-06-30 355.16 18.51 29.86
2015-03-31 350.46 19.64 29.67
2014-12-31 345.76 20.76 29.48
2014-09-30 350.12 -51.64 30.37
2014-06-30 354.48 -124.05 31.25
2014-03-31 378.58 -139.28 32.34
2013-12-31 402.67 -154.52 33.42
2013-09-30 400.59 -97.10 33.78
2013-06-30 398.50 -39.69 34.15
2013-03-31 386.22 -42.48 34.05
2012-12-31 373.94 -45.27 33.96
2012-09-30 435.53 -97.92 37.54
2012-06-30 497.12 -150.58 41.13

*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 Asia Television Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Asia Television Holdings has efficiently used its assets last year compared to the HK Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Asia Television Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Asia Television Holdings'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 Luxury 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.
Asia Television Holdings has a total score of 0/6, 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 Asia Television Holdings'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 Asia Television Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Asia Television Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Asia Television Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Asia Television Holdings'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.
  • Debt is covered by short term assets, assets are 1.2x 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 Asia Television Holdings Company Filings, last reported 4 months ago.

SEHK:707 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 437.32 599.07 174.55
2018-09-30 437.32 599.07 174.55
2018-06-30 1,003.78 433.27 257.16
2018-03-31 1,003.78 433.27 257.16
2017-12-31 1,298.70 225.78 261.88
2017-09-30 1,298.70 225.78 261.88
2017-06-30 843.24 427.82 444.83
2017-03-31 843.24 427.82 444.83
2016-12-31 689.70 238.57 227.93
2016-09-30 689.70 238.57 227.93
2016-06-30 496.57 241.78 77.40
2016-03-31 496.57 241.78 77.40
2015-12-31 269.98 185.77 76.20
2015-09-30 269.98 185.77 76.20
2015-06-30 227.23 116.00 32.18
2015-03-31 227.23 116.00 32.18
2014-12-31 217.41 142.70 25.79
2014-09-30 217.41 142.70 25.79
2014-06-30 172.47 243.80 18.81
2014-03-31 172.47 243.80 18.81
2013-12-31 110.81 240.63 52.22
2013-09-30 110.81 240.63 52.22
2013-06-30 249.90 345.68 11.79
2013-03-31 249.90 345.68 11.79
2012-12-31 275.97 507.87 21.32
2012-09-30 275.97 507.87 21.32
2012-06-30 317.51 496.35 116.50
  • Asia Television Holdings's level of debt (137%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (215.8% vs 137% today).
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.

  • Asia Television Holdings has less than a year of cash runway based on current free cash flow.
  • Asia Television Holdings has less than a year of cash runway if free cash flow continues to reduce at historical rates of -50.9% each year.
X
Financial health checks
We assess Asia Television Holdings'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. Asia Television Holdings has a total score of 2/6, 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 Asia Television Holdings'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 Asia Television Holdings dividends.
If you bought HK$2,000 of Asia Television Holdings 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 Asia Television Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Asia Television Holdings'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:707 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 Luxury Industry Average Dividend Yield Market Cap Weighted Average of 57 Stocks 2.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 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:707 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:707 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2009-09-11 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 Asia Television Holdings has not reported any payouts.
  • Unable to verify if Asia Television Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Asia Television Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Asia Television Holdings 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 Asia Television Holdings'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 Asia Television Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Asia Television Holdings 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 Asia Television Holdings'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
Jiasi Wang
AGE 60
TENURE AS CEO 0.5 years
CEO Bio

Mr. Jiasi Wang is Director and Chief Executive Officer at Asia Television Holdings Ltd since November 27, 2018 and he is the dean of the School of Journalism and Communication and a distinct professor of Anhui Normal University. From March 2016 to October 2016, Mr. Wang was the managing director of Hong Kong TV International Media Group Limited (“HK TV International”) and subsequently appointed as chief consultant of HK TV International from May 2017 to September 2018. From May 1992 to January 2014, he had been served as various key positions in Anhui Daily News Group, officer of the editor-in-chief’s office, assistant editor, deputy editor-in-chief, editor-in-chief, and president. In 2000, Mr. Wang was awarded a postgraduate diploma in law from the Party School of the Central Committee of the Communist Party of China. Mr. Wang has been awarded a special allowance certificate by the State Council of the People’s Republic of China (the “PRC”) in recognition of his outstanding contribution to the development of career in social sciences, the “Changjiang Tao Fen Award”, known as one of the highest personal award in the PRC press, awarded by the All-China Journalists Association and was selected by the General Administration of Press and Publication of the PRC as one of the PRC's top 100 publishing entrepreneurs and Mr. Wang is currently a senior management of a wholly-owned subsidiary of the Asia Television Holdings Ltd.

CEO Compensation
  • Insufficient data for Jiasi to compare compensation growth.
  • Insufficient data for Jiasi to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Asia Television Holdings management team in years:

0.5
Average Tenure
48
Average Age
  • The average tenure for the Asia Television Holdings management team is less than 2 years, this suggests a new team.
Management Team

Siu Bun Sze

TITLE
Executive Director
COMPENSATION
CN¥536K
AGE
50

Junjie Deng

TITLE
Chairman of the Board
AGE
46

Jiasi Wang

TITLE
CEO & Director
AGE
60
TENURE
0.5 yrs

Kwok Fat Li

TITLE
Chief Financial Officer
AGE
42
TENURE
3 yrs

Siu Hung Sze

TITLE
Managing Director
AGE
53

Wai Kit Chan

TITLE
Executive Director
AGE
35
TENURE
0.5 yrs

Vincent Law

TITLE
Company Secretary
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the Asia Television Holdings board of directors in years:

0.9
Average Tenure
45
Average Age
  • The average tenure for the Asia Television Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Siu Bun Sze

TITLE
Executive Director
COMPENSATION
CN¥536K
AGE
50
TENURE
4.4 yrs

Junjie Deng

TITLE
Chairman of the Board
AGE
46
TENURE
0.9 yrs

Jiasi Wang

TITLE
CEO & Director
AGE
60
TENURE
0.5 yrs

Wai Kit Chan

TITLE
Executive Director
AGE
35
TENURE
0.5 yrs

Xingxing Han

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥113K
AGE
37
TENURE
3.7 yrs

Ada Wong

TITLE
Independent Non-Executive Director
AGE
36
TENURE
0.3 yrs

Yu Li

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥99K
AGE
45
TENURE
2.3 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 (HK$) Value (HK$)
X
Management checks
We assess Asia Television Holdings'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. Asia Television Holdings 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

Before You Buy Asia Television Holdings Limited (HKG:707), Consider Its Volatility

If you're interested in Asia Television Holdings Limited (HKG:707), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some stocks mimic the volatility of the market quite closely, while others demonstrate muted, exagerrated or uncorrelated price movements. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

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Imagine Owning Asia Television Holdings (HKG:707) And Wondering If The 22% Share Price Slide Is Justified

Investors in Asia Television Holdings Limited (HKG:707) have tasted that bitter downside in the last year, as the share price dropped 22%. … Asia Television Holdings isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … In just one year Asia Television Holdings saw its revenue fall by 13%.

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How Much Of Asia Television Holdings Limited (HKG:707) Do Insiders Own?

A look at the shareholders of Asia Television Holdings Limited (HKG:707) can tell us which group is most powerful. … Asia Television Holdings is not a large company by global standards. … Check out our latest analysis for Asia Television Holdings

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What Kind Of Share Price Volatility Should You Expect For Asia Television Holdings Limited (HKG:707)?

If you're interested in Asia Television Holdings Limited (HKG:707), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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How Many Insiders Bought Asia Television Holdings Limited (HKG:707) Shares?

So before you buy or sell Asia Television Holdings Limited (HKG:707), you may well want to know whether insiders have been buying or selling. … Asia Television Holdings Insider Transactions Over The Last Year. … That means that an insider was happy to buy shares at above the current price.

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What Kind Of Share Price Volatility Should You Expect For Asia Television Holdings Limited (HKG:707)?

Some stocks mimic the volatility of the market quite closely, while others demonstrate muted, exagerrated or uncorrelated price movements. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Breaking Down Asia Television Holdings Limited's (HKG:707) Ownership Structure

In this article, I will take a quick look at Asia Television Holdings Limited’s (HKG:707) recent ownership structure – an unconventional investing subject, but an important one. … The impact of a company's ownership structure affects both its short- and long-term performance. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

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What Kind Of Risk Should You Expect For Asia Television Holdings Limited (HKG:707)?

The first risk to consider is company-specific, which can be diversified away when you invest in other companies in the same industry as 707, because it is rare that an entire industry collapses at once. … The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few.

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Are Asia Television Holdings Limited's (HKG:707) Interest Costs Too High?

With this debt payback, the current cash and short-term investment levels stands at CN¥497.10M , ready to deploy into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … This indicates room for improvement as its cash flow covers less than a quarter of its borrowings, which means its operating efficiency could be better.

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What Are The Drivers Of Co-Prosperity Holdings Limited's (HKG:707) Risks?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … A market capitalisation of HK$2.33B puts 707 in the category of small-cap stocks, which tends to possess higher beta than larger companies. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

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Company Info

Description

Asia Television Holdings Limited, an investment holding company, engages in processing, printing, and selling finished fabrics in the People’s Republic of China, Malaysia, and Hong Kong. It also engages in the trade of fabrics and clothing; money lending business; securities investment activities; media, cultural, and entertainment activities; and provision of subcontracting services, management services, as well as underwriting, placing, and brokerage and related services. The company was formerly known as Co-Prosperity Holdings Limited and changed its name to Asia Television Holdings Limited in April 2018. The company is headquartered in Tai Po, Hong Kong.

Details
Name: Asia Television Holdings Limited
707
Exchange: SEHK
Founded:
HK$1,575,018,620
7,325,668,000
Website: http://www.atvgroup.com.hk
Address: Asia Television Holdings Limited
33 Dai Shing Street,
Tai Po Industrial Estate,
Tai Po,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 707 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 30. Mar 2006
Number of employees
Current staff
Staff numbers
632
Asia Television Holdings employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 12:45
End of day share price update: 2019/05/20 00:00
Last estimates confirmation: 2018/04/27
Last earnings filing: 2019/04/25
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.