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1980

Tian Ge Interactive HoldingsSEHK:1980 Stock Report

Last Price

HK$1.03

Market Cap

HK$1.3b

7D

9.6%

1Y

18.4%

Updated

22 Jan, 2022

Data

Company Financials
1980 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends0/6

1980 Stock Overview

Tian Ge Interactive Holdings Limited, an investment holding company, operates live social video platforms, and mobile and online games in the People’s Republic of China, Thailand, Taiwan, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Tian Ge Interactive Holdings
Historical stock prices
Current Share PriceHK$1.03
52 Week HighHK$1.89
52 Week LowHK$0.71
Beta1.28
1 Month Change39.19%
3 Month Change9.57%
1 Year Change18.39%
3 Year Change-66.67%
5 Year Change-78.04%
Change since IPO-81.99%

Recent News & Updates

Jun 14
There Are Reasons To Feel Uneasy About Tian Ge Interactive Holdings' (HKG:1980) Returns On Capital

There Are Reasons To Feel Uneasy About Tian Ge Interactive Holdings' (HKG:1980) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Apr 30
When Should You Buy Tian Ge Interactive Holdings Limited (HKG:1980)?

When Should You Buy Tian Ge Interactive Holdings Limited (HKG:1980)?

Tian Ge Interactive Holdings Limited ( HKG:1980 ), might not be a large cap stock, but it led the SEHK gainers with a...

Apr 15
Does Tian Ge Interactive Holdings (HKG:1980) Have A Healthy Balance Sheet?

Does Tian Ge Interactive Holdings (HKG:1980) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

1980HK Interactive Media and ServicesHK Market
7D9.6%0.2%1.9%
1Y18.4%-31.2%-13.4%

Return vs Industry: 1980 exceeded the Hong Kong Interactive Media and Services industry which returned -31.2% over the past year.

Return vs Market: 1980 exceeded the Hong Kong Market which returned -13.4% over the past year.

Price Volatility

Is 1980's price volatile compared to industry and market?
1980 volatility
1980 Average Weekly Movement7.4%
Interactive Media and Services Industry Average Movement8.3%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 1980 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: 1980's weekly volatility has decreased from 13% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008373Weiwen Zhaohttps://www.tiange.com

Tian Ge Interactive Holdings Limited, an investment holding company, operates live social video platforms, and mobile and online games in the People’s Republic of China, Thailand, Taiwan, and internationally. The company operates through Online Interactive Entertainment Service, Advertising Service, and Others segments. It operates mobile live streaming applications, including Miao Broadcasting, Crystal Live Broadcasting, Happy Live Broadcasting, and Feng Broadcasting.

Tian Ge Interactive Holdings Fundamentals Summary

How do Tian Ge Interactive Holdings's earnings and revenue compare to its market cap?
1980 fundamental statistics
Market CapCN¥1.06b
Earnings (TTM)CN¥154.07m
Revenue (TTM)CN¥260.90m

6.9x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1980 income statement (TTM)
RevenueCN¥260.90m
Cost of RevenueCN¥24.08m
Gross ProfitCN¥236.82m
ExpensesCN¥82.75m
EarningsCN¥154.07m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin90.77%
Net Profit Margin59.05%
Debt/Equity Ratio12.6%

How did 1980 perform over the long term?

See historical performance and comparison

Valuation

Is Tian Ge Interactive Holdings undervalued compared to its fair value and its price relative to the market?

6.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1980's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1980's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1980 is good value based on its PE Ratio (6.9x) compared to the Hong Kong Interactive Media and Services industry average (11.1x).

PE vs Market: 1980 is good value based on its PE Ratio (6.9x) compared to the Hong Kong market (9.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1980's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1980 is good value based on its PB Ratio (0.3x) compared to the HK Interactive Media and Services industry average (0.9x).


Future Growth

How is Tian Ge Interactive Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.0%

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 Tian Ge Interactive 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 SimplyWall St do have past financial data.


Past Performance

How has Tian Ge Interactive Holdings performed over the past 5 years?

-24.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1980 has a large one-off gain of CN¥161.7M impacting its June 30 2021 financial results.

Growing Profit Margin: 1980's current net profit margins (59.1%) are higher than last year (15%).


Past Earnings Growth Analysis

Earnings Trend: 1980's earnings have declined by 24.2% per year over the past 5 years.

Accelerating Growth: 1980's earnings growth over the past year (164.8%) exceeds its 5-year average (-24.2% per year).

Earnings vs Industry: 1980 earnings growth over the past year (164.8%) exceeded the Interactive Media and Services industry 27.2%.


Return on Equity

High ROE: 1980's Return on Equity (5%) is considered low.


Financial Health

How is Tian Ge Interactive Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1980's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥613.9M).

Long Term Liabilities: 1980's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥32.6M).


Debt to Equity History and Analysis

Debt Level: 1980 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 1980's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1980's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 1980's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Tian Ge Interactive Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1980's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1980'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 1980's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1980's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1980 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1980'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?

7.8yrs

Average management tenure


CEO

Weiwen Zhao (54 yo)

1.58yrs

Tenure

Mr. Weiwen Zhao has been Chief Executive Officer of Tian Ge Interactive Holdings Limited since June 26, 2020 He has been General Manager of Zhejiang Tiange Information and Technology Co Ltd at Tian Ge Int...


Leadership Team

Experienced Management: 1980's management team is seasoned and experienced (7.8 years average tenure).


Board Members

Experienced Board: 1980's board of directors are considered experienced (4 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Tian Ge Interactive Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Tian Ge Interactive Holdings Limited
  • Ticker: 1980
  • Exchange: SEHK
  • Founded: 2008
  • Industry: Interactive Media and Services
  • Sector: Media
  • Implied Market Cap: HK$1.305b
  • Shares outstanding: 1.27b
  • Website: https://www.tiange.com

Number of Employees


Location

  • Tian Ge Interactive Holdings Limited
  • East Tower Building 1
  • Room 322
  • Hangzhou
  • Zhejiang Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 10:03
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
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.