Executive Summary
Clear Media Limited, an investment holding company, operates as an outdoor advertising company in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has Clear Media's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 100's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.5%
100
-7.0%
HK Media
-0.2%
HK Market
1 Year Return
-22.4%
100
-13.7%
HK Media
4.5%
HK Market
Return vs Industry: 100 underperformed the Hong Kong Media industry which returned -9.5% over the past year.
Return vs Market: 100 underperformed the Hong Kong Market which returned 6.4% over the past year.
Shareholder returns
| 100 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | -7.0% | -0.2% |
| 30 Day | -10.3% | 1.2% | 3.6% |
| 90 Day | 58.6% | 7.2% | 7.8% |
| 1 Year | -19.8%-22.4% | -12.0%-13.7% | 8.4%4.5% |
| 3 Year | -21.9%-30.1% | -39.9%-48.1% | 26.8%13.9% |
| 5 Year | -5.5%-26.9% | -54.5%-63.1% | 21.0%0.9% |
Price Volatility Vs. Market
How volatile is Clear Media's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Clear Media Limited (HKG:100) Delivered A Weaker ROE Than Its Industry3 weeks ago | Simply Wall St
Has Clear Media Limited (HKG:100) Been Employing Capital Shrewdly?1 month ago | Simply Wall St
A Look At The Intrinsic Value Of Clear Media Limited (HKG:100)Valuation
Is Clear Media undervalued compared to its fair value and its price relative to the market?
22.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 100 (HK$5.73) is trading below our estimate of fair value (HK$7.32)
Significantly Below Fair Value: 100 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 100 is poor value based on its PE Ratio (31.8x) compared to the Media industry average (24.1x).
PE vs Market: 100 is poor value based on its PE Ratio (31.8x) compared to the Hong Kong market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 100's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 100 is overvalued based on its PB Ratio (1.2x) compared to the HK Media industry average (0.9x).
Next Steps
Future Growth
How is Clear Media forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
28.8%
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 Clear Media 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
- Examine Clear Media's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Clear Media competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
Past Performance
How has Clear Media performed over the past 5 years?
0.03%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 100 has high quality earnings.
Growing Profit Margin: 100's current net profit margins (5.1%) are lower than last year (13.8%).
Past Earnings Growth Analysis
Earnings Trend: 100's earnings have grown by 0.03% per year over the past 5 years.
Accelerating Growth: 100's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 100 had negative earnings growth (-65.2%) over the past year, making it difficult to compare to the Media industry average (-6.6%).
Return on Equity
High ROE: 100's Return on Equity (4.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Clear Media's financial position?
Financial Position Analysis
Short Term Liabilities: 100's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 100's short term assets (CN¥1.5B) do not cover its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 100 is debt free.
Reducing Debt: 100 has not had any debt for past 5 years.
Debt Coverage: 100 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 100 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 100 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 100's debt is covered by short term assets.
Next Steps
Dividend
What is Clear Media's current dividend yield, its reliability and sustainability?
2.86%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 100's dividend (2.85%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.17%).
High Dividend: 100's dividend (2.85%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.02%).
Stability and Growth of Payments
Stable Dividend: 100 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 100's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (93.4%), 100's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Clear Media's salary, the management and board of directors tenure and is there insider trading?
12.2yrs
Average management tenure
CEO
Zi Jing Han (63yo)
0yrs
Tenure
CN¥6,742,000
Compensation
Mr. Zi Jing Han serves as the Chief Executive Officer of Clear Media Ltd. Mr. Han has been with Clear Media Ltd. since 1998. He served as General Manager of Guangdong White Horse Group Corporation, a diver ...
CEO Compensation Analysis
Compensation vs Market: Zi Jing's total compensation ($USD978.56K) is above average for companies of similar size in the Hong Kong market ($USD340.45K).
Compensation vs Earnings: Zi Jing's compensation has been consistent with company performance over the past year.
Management Age and Tenure
12.2yrs
Average Tenure
63yo
Average Age
Experienced Management: 100's management team is seasoned and experienced (12.2 years average tenure).
Board Age and Tenure
10.3yrs
Average Tenure
63.5yo
Average Age
Experienced Board: 100's board of directors are seasoned and experienced ( 10.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 569,000 |
| Max Price | HK$3.92 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Zi Jing Han (63yo)
CEO & Executive Director
- Compensation: CN¥6.74m
Nan Feng Zou (66yo)
Director of Business Development
- Tenure: 11.7yrs
- Compensation: CN¥2.37m
Harrison Zhang (48yo)
COO & Executive Director
- Tenure: 11.7yrs
- Compensation: CN¥4.96m
Joseph Tcheng (64yo)
Chairman of the Board
- Tenure: 4yrs
- Compensation: CN¥1.79m
Jeffrey Yip
Director of Investor Relations & Company Secretary
Bin Kim Lam (48yo)
Chief Financial Officer
- Tenure: 1.8yrs
Board Members
Shou Zhi Wang (72yo)
Independent Non-Executive Director
- Tenure: 18.4yrs
- Compensation: CN¥169.00k
Zi Jing Han (63yo)
CEO & Executive Director
- Compensation: CN¥6.74m
Nan Feng Zou (66yo)
Director of Business Development
- Tenure: 11.7yrs
- Compensation: CN¥2.37m
Peter Maxwell Cosgrove (65yo)
Deputy Chairman
- Compensation: CN¥709.00k
Harrison Zhang (48yo)
COO & Executive Director
- Tenure: 11.7yrs
- Compensation: CN¥4.96m
Christopher Eccleshare (63yo)
Deputy Chairman
- Tenure: 10.3yrs
- Compensation: CN¥169.00k
Tom Manning (62yo)
Independent Non-Executive Director
- Tenure: 8yrs
- Compensation: CN¥253.00k
Jonathan Zhu (56yo)
Non-Executive Director
- Tenure: 8.4yrs
- Compensation: CN¥169.00k
Joseph Tcheng (64yo)
Chairman of the Board
- Tenure: 4yrs
- Compensation: CN¥1.79m
Robert Gazzi (65yo)
Independent Non-Executive Director
- Tenure: 3.4yrs
- Compensation: CN¥1.32m
Company Information
Clear Media Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Clear Media Limited
- Ticker: 100
- Exchange: SEHK
- Founded: 1986
- Industry: Advertising
- Sector: Media
- Market Cap: HK$3.136b
- Shares outstanding: 540.64m
- Website: https://www.clear-media.net
Number of Employees
Location
- Clear Media Limited
- Lee Garden One
- 12th Floor
- Causeway Bay
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CRML.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2001 |
| 100 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2001 |
| XM8 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2001 |
Biography
Clear Media Limited, an investment holding company, operates as an outdoor advertising company in the People’s Republic of China. It provides bus shelter advertising solutions. The company serves e-commerce, IT digital product, entertainment, beverage, food, realty, business/consumer service, realty, telecommunication, and education industries. As of December 31, 2018, it operated bus shelter advertising network of approximately 54,000 panels covering 24 cities in Mainland China. The company was founded in 1986 and is headquartered in Causeway Bay, Hong Kong. Clear Media Limited operates as a subsidiary of Clear Channel Outdoor, Inc.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/21 12:42 |
| End of Day Share Price | 2020/01/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.