SEHK:1119

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iDreamSky Technology Holdings

Market Cap

HK$6.3b

Last Updated

2021/08/04 16:10 UTC

Data Sources

Company Financials +

Executive Summary

iDreamSky Technology Holdings Limited operates as a digital entertainment platform in the game publishing market in the People’s Republic of China. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has iDreamSky Technology Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1119 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 1119's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.


Market Performance


7 Day Return

-22.1%

1119

0.06%

HK Entertainment

3.7%

HK Market


1 Year Return

-2.4%

1119

-11.1%

HK Entertainment

6.1%

HK Market

Return vs Industry: 1119 exceeded the Hong Kong Entertainment industry which returned -11.1% over the past year.

Return vs Market: 1119 underperformed the Hong Kong Market which returned 6.1% over the past year.


Shareholder returns

1119IndustryMarket
7 Day-22.1%0.06%3.7%
30 Day-5.0%-15.9%-7.8%
90 Day36.0%-22.2%-9.6%
1 Year-2.4%-2.4%-10.0%-11.1%9.8%6.1%
3 Yearn/a-14.8%-17.9%8.7%-3.4%
5 Yearn/a-52.6%-54.0%37.1%12.8%

Long-Term Price Volatility Vs. Market

How volatile is iDreamSky Technology Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is iDreamSky Technology Holdings undervalued compared to its fair value and its price relative to the market?

1.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1119's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1119's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1119 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Entertainment industry average.

PE vs Market: 1119 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1119's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1119's PB Ratio (1.5x) is in line with the HK Entertainment industry average.


Future Growth

How is iDreamSky Technology Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

75.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1119 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: 1119 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1119's is expected to become profitable in the next 3 years.

Revenue vs Market: 1119's revenue (12% per year) is forecast to grow slower than the Hong Kong market (12.2% per year).

High Growth Revenue: 1119's revenue (12% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1119's Return on Equity is forecast to be low in 3 years time (10.4%).


Past Performance

How has iDreamSky Technology Holdings performed over the past 5 years?

-3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1119 is currently unprofitable.

Growing Profit Margin: 1119 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1119 is unprofitable, and losses have increased over the past 5 years at a rate of 3.8% per year.

Accelerating Growth: Unable to compare 1119's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1119 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (37.4%).


Return on Equity

High ROE: 1119 has a negative Return on Equity (-15.21%), as it is currently unprofitable.


Financial Health

How is iDreamSky Technology Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1119's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥2.4B).

Long Term Liabilities: 1119's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥591.8M).


Debt to Equity History and Analysis

Debt Level: 1119's debt to equity ratio (57.7%) is considered high.

Reducing Debt: 1119's debt to equity ratio has reduced from 143% to 57.7% over the past 5 years.

Debt Coverage: 1119's debt is not well covered by operating cash flow (18%).

Interest Coverage: 1119's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

What is iDreamSky Technology Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1119's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1119'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 1119's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1119's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1119's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Michael Chen (38 yo)

no data

Tenure

CN¥996,000

Compensation

Mr. Xiangyu Chen, also known as Michael, serves as the Chief Executive Officer, Chairman of the Board, Executive Director, and Co-founder of iDreamSky Technology Holdings Limited. Mr. Chen is the Co-Found...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD153.93K) is below average for companies of similar size in the Hong Kong market ($USD445.88K).

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 1119's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: 1119's board of directors are not considered experienced ( 2.3 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: 1119 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 5.7%.


Top Shareholders

Company Information

iDreamSky Technology Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: iDreamSky Technology Holdings Limited
  • Ticker: 1119
  • Exchange: SEHK
  • Founded: 2011
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: HK$6.277b
  • Shares outstanding: 1.28b
  • Website: https://www.idreamsky.com

Number of Employees


Location

  • iDreamSky Technology Holdings Limited
  • Block A
  • 16th Floor, Unit 3
  • Shenzhen
  • Guangdong Province
  • 518057
  • China

Listings


Biography

iDreamSky Technology Holdings Limited operates as a digital entertainment platform in the game publishing market in the People’s Republic of China. It operates through three segments: Game and Information ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/04 16:10
End of Day Share Price2021/08/04 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.