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1326

Transmit Entertainment SEHK:1326 Stock Report

Last Price

HK$0.098

Market Cap

HK$251.8m

7D

-12.5%

1Y

-32.9%

Updated

30 Jun, 2022

Data

Company Financials
1326 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

1326 Stock Overview

Transmit Entertainment Limited, an investment holding company, operates as a media and entertainment company in the Hong Kong, Macau, the People’s republic of China, Mainland China, and internationally.

Transmit Entertainment Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Transmit Entertainment
Historical stock prices
Current Share PriceHK$0.098
52 Week HighHK$0.17
52 Week LowHK$0.095
Beta1.09
1 Month Change-21.60%
3 Month Change-20.97%
1 Year Change-32.88%
3 Year Change-55.46%
5 Year Change-51.72%
Change since IPO-52.20%

Recent News & Updates

Jun 08
Is Transmit Entertainment (HKG:1326) Using Too Much Debt?

Is Transmit Entertainment (HKG:1326) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Mar 17
Transmit Entertainment (HKG:1326) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Transmit Entertainment (HKG:1326) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Despite posting some strong earnings, the market for Transmit Entertainment Limited's ( HKG:1326 ) stock hasn't moved...

Shareholder Returns

1326HK EntertainmentHK Market
7D-12.5%2.0%3.1%
1Y-32.9%-41.8%-21.2%

Return vs Industry: 1326 exceeded the Hong Kong Entertainment industry which returned -41.8% over the past year.

Return vs Market: 1326 underperformed the Hong Kong Market which returned -21.2% over the past year.

Price Volatility

Is 1326's price volatile compared to industry and market?
1326 volatility
1326 Average Weekly Movement6.7%
Entertainment Industry Average Movement9.6%
Market Average Movement6.9%
10% most volatile stocks in HK Market13.7%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1326 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 1326's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009145n/ahttps://www.transmit-ent.com

Transmit Entertainment Limited, an investment holding company, operates as a media and entertainment company in the Hong Kong, Macau, the People’s republic of China, Mainland China, and internationally. The company operates through four segments: Film and TV Series Production, Distribution, and Licensing; Film Exhibition; and Pan Entertainment. It engages in the production of Chinese films and TV series; and operation of a Hong Kong based cinema.

Transmit Entertainment Fundamentals Summary

How do Transmit Entertainment's earnings and revenue compare to its market cap?
1326 fundamental statistics
Market CapHK$251.77m
Earnings (TTM)HK$78.92m
Revenue (TTM)HK$883.41m

3.2x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1326 income statement (TTM)
RevenueHK$883.41m
Cost of RevenueHK$753.20m
Gross ProfitHK$130.21m
Other ExpensesHK$51.29m
EarningsHK$78.92m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.03
Gross Margin14.74%
Net Profit Margin8.93%
Debt/Equity Ratio33.8%

How did 1326 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1326 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1326?

Other financial metrics that can be useful for relative valuation.

1326 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA-29.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1326's PE Ratio compare to its peers?

1326 PE Ratio vs Peers
The above table shows the PE ratio for 1326 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.1x
8271 Global Digital Creations Holdings
10.4xn/aHK$167.2m
953 Shaw Brothers Holdings
8.7xn/aHK$164.7m
1859 China Bright Culture Group
11.7xn/aHK$704.0m
8368 Creative China Holdings
4.1xn/aHK$80.2m
1326 Transmit Entertainment
3.2xn/aHK$251.8m

Price-To-Earnings vs Peers: 1326 is good value based on its Price-To-Earnings Ratio (3.2x) compared to the peer average (9.1x).


Price to Earnings Ratio vs Industry

How does 1326's PE Ratio compare vs other companies in the HK Entertainment Industry?

Price-To-Earnings vs Industry: 1326 is good value based on its Price-To-Earnings Ratio (3.2x) compared to the Hong Kong Entertainment industry average (8.9x)


Price to Earnings Ratio vs Fair Ratio

What is 1326's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1326 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1326's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1326 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1326 (HK$0.1) is trading below our estimate of fair value (HK$0.13)

Significantly Below Fair Value: 1326 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1326's PEG Ratio to determine if it is good value.


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Future Growth

How is Transmit Entertainment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


47.6%

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 Transmit Entertainment 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.


Discover growth companies

  • Examine whether Transmit Entertainment is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Transmit Entertainment competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Transmit Entertainment performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1326 has a large one-off gain of HK$125.0M impacting its December 31 2021 financial results.

Growing Profit Margin: 1326 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 1326 has become profitable over the past 5 years, growing earnings by 11.2% per year.

Accelerating Growth: 1326 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1326 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (12.9%).


Return on Equity

High ROE: 1326's Return on Equity (16.5%) is considered low.


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Financial Health

How is Transmit Entertainment's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1326's short term assets (HK$633.0M) exceed its short term liabilities (HK$606.5M).

Long Term Liabilities: 1326's short term assets (HK$633.0M) exceed its long term liabilities (HK$276.9M).


Debt to Equity History and Analysis

Debt Level: 1326's net debt to equity ratio (7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 1326's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1326's debt is well covered by operating cash flow (40.5%).

Interest Coverage: Insufficient data to determine if 1326's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Transmit Entertainment current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1326's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1326'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 1326's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1326's dividend payments have been increasing.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1326 has not reported any payouts.


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Management

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

3.8yrs

Average management tenure


CEO

Transmit Entertainment has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 1326's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: 1326's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Transmit Entertainment Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Transmit Entertainment Limited
  • Ticker: 1326
  • Exchange: SEHK
  • Founded: 2009
  • Industry: Movies and Entertainment
  • Sector: Media
  • Implied Market Cap: HK$251.775m
  • Shares outstanding: 2.60b
  • Website: https://www.transmit-ent.com

Number of Employees


Location

  • Transmit Entertainment Limited
  • Neich Tower
  • 14th Floor, Room B
  • Wan Chai
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.