| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
1981 Stock Overview
Cathay Media and Education Group Inc., an investment holding company, engages in the television series and film production business in the People’s Republic of China and internationally.
Cathay Media and Education Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.02 |
| 52 Week High | HK$6.95 |
| 52 Week Low | HK$1.00 |
| Beta | 0 |
| 1 Month Change | -17.74% |
| 3 Month Change | -50.96% |
| 1 Year Change | -82.56% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -79.27% |
Recent News & Updates
Cathay Media and Education Group (HKG:1981) Is Reducing Its Dividend To HK$0.06
Cathay Media and Education Group Inc. ( HKG:1981 ) is reducing its dividend to HK$0.06 on the 30th of June. The...
Cathay Media and Education Group's (HKG:1981) Dividend Is Being Reduced To HK$0.06
Cathay Media and Education Group Inc. ( HKG:1981 ) has announced it will be reducing its dividend payable on the 30th...
Shareholder Returns
| 1981 | HK Entertainment | HK Market | |
|---|---|---|---|
| 7D | -13.6% | -0.5% | -0.03% |
| 1Y | -82.6% | -50.0% | -24.4% |
Return vs Industry: 1981 underperformed the Hong Kong Entertainment industry which returned -50% over the past year.
Return vs Market: 1981 underperformed the Hong Kong Market which returned -24.4% over the past year.
Price Volatility
| 1981 volatility | |
|---|---|
| 1981 Average Weekly Movement | 11.9% |
| Entertainment Industry Average Movement | 10.5% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in HK Market | 14.8% |
| 10% least volatile stocks in HK Market | 3.9% |
Stable Share Price: 1981 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 1981's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 1,662 | Shulin Pu | https://www.cathaymedia.com |
Cathay Media and Education Group Inc., an investment holding company, engages in the television series and film production business in the People’s Republic of China and internationally. The company operates through Television Series and Film Productions and Investment; and Higher Education (Media and Arts) and Vocational Education segments. It provides youth education; and art training and consulting services.
Cathay Media and Education Group Fundamentals Summary
| 1981 fundamental statistics | |
|---|---|
| Market Cap | CN¥1.46b |
| Earnings (TTM) | CN¥111.20m |
| Revenue (TTM) | CN¥578.05m |
13.2x
P/E Ratio2.5x
P/S RatioIs 1981 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1981 income statement (TTM) | |
|---|---|
| Revenue | CN¥578.05m |
| Cost of Revenue | CN¥301.88m |
| Gross Profit | CN¥276.17m |
| Other Expenses | CN¥164.97m |
| Earnings | CN¥111.20m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.067 |
| Gross Margin | 47.78% |
| Net Profit Margin | 19.24% |
| Debt/Equity Ratio | 0.0% |
How did 1981 perform over the long term?
See historical performance and comparisonDividends
8.5%
Current Dividend Yield109%
Payout RatioDoes 1981 pay a reliable dividends?
See 1981 dividend history and benchmarks| Cathay Media and Education Group dividend dates | |
|---|---|
| Ex Dividend Date | Jun 02 2022 |
| Dividend Pay Date | Jun 30 2022 |
| Days until Ex dividend | 19 days |
| Days until Dividend pay date | 47 days |
Does 1981 pay a reliable dividends?
See 1981 dividend history and benchmarksValuation
Is Cathay Media and Education Group undervalued compared to its fair value and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1981 (HK$1.02) is trading below our estimate of fair value (HK$2.22)
Significantly Below Fair Value: 1981 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1981 is poor value based on its PE Ratio (13.2x) compared to the Hong Kong Entertainment industry average (9.3x).
PE vs Market: 1981 is poor value based on its PE Ratio (13.2x) compared to the Hong Kong market (8.8x).
Price to Earnings Growth Ratio
PEG Ratio: 1981 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 1981 is good value based on its PB Ratio (0.6x) compared to the HK Entertainment industry average (1x).
Future Growth
How is Cathay Media and Education Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
45.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1981's forecast earnings growth (45.5% per year) is above the savings rate (1.5%).
Earnings vs Market: 1981's earnings (45.5% per year) are forecast to grow faster than the Hong Kong market (14.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1981's revenue (24.4% per year) is forecast to grow faster than the Hong Kong market (9.9% per year).
High Growth Revenue: 1981's revenue (24.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1981's Return on Equity is forecast to be low in 3 years time (11.8%).
Past Performance
How has Cathay Media and Education Group performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
11.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1981 has a high level of non-cash earnings.
Growing Profit Margin: 1981's current net profit margins (19.2%) are lower than last year (40.1%).
Past Earnings Growth Analysis
Earnings Trend: 1981's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: 1981's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1981 had negative earnings growth (-64.9%) over the past year, making it difficult to compare to the Entertainment industry average (12.9%).
Return on Equity
High ROE: 1981's Return on Equity (4.6%) is considered low.
Financial Health
How is Cathay Media and Education Group's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 1981's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥964.3M).
Long Term Liabilities: 1981's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥24.1M).
Debt to Equity History and Analysis
Debt Level: 1981 is debt free.
Reducing Debt: 1981 had no debt 5 years ago.
Debt Coverage: 1981 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1981 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Cathay Media and Education Group current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
8.53%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1981's dividend (8.53%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.91%).
High Dividend: 1981's dividend (8.53%) is in the top 25% of dividend payers in the Hong Kong market (7.81%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 1981's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 1981's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (109.3%), 1981's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1981 is paying a dividend but the company has no free cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.9yrs
Average management tenure
CEO
Shulin Pu (65 yo)
no data
Tenure
Mr. Pu Shulin is Founder has been Director of Cathay Media And Education Group Inc. since January 1, 2017 and serves as Chairman of the Board and Chief Executive Officer. Mr. Pu Serves As A Director and...
Leadership Team
Experienced Management: 1981's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: 1981's board of directors are not considered experienced ( 2.8 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: 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
Cathay Media and Education Group Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Cathay Media and Education Group Inc.
- Ticker: 1981
- Exchange: SEHK
- Founded: 2017
- Industry: Movies and Entertainment
- Sector: Media
- Implied Market Cap: HK$1.691b
- Shares outstanding: 1.66b
- Website: https://www.cathaymedia.com
Number of Employees
Location
- Cathay Media and Education Group Inc.
- Block 12, Wanda Plaza
- 22nd Floor
- Beijing
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/14 00:00 |
| End of Day Share Price | 2022/05/13 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.