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1981

Cathay Media and Education Group SEHK:1981 Stock Report

Last Price

HK$1.02

Market Cap

HK$1.7b

7D

-13.6%

1Y

-82.6%

Updated

14 May, 2022

Data

Company Financials +
1981 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance1/6
Financial Health6/6
Dividends2/6

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

Summary of all time highs, changes and price drops for Cathay Media and Education Group
Historical stock prices
Current Share PriceHK$1.02
52 Week HighHK$6.95
52 Week LowHK$1.00
Beta0
1 Month Change-17.74%
3 Month Change-50.96%
1 Year Change-82.56%
3 Year Changen/a
5 Year Changen/a
Change since IPO-79.27%

Recent News & Updates

May 12
Cathay Media and Education Group (HKG:1981) Is Reducing Its Dividend To HK$0.06

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...

Apr 28
Cathay Media and Education Group's (HKG:1981) Dividend Is Being Reduced To HK$0.06

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

1981HK EntertainmentHK 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

Is 1981's price volatile compared to industry and market?
1981 volatility
1981 Average Weekly Movement11.9%
Entertainment Industry Average Movement10.5%
Market Average Movement7.9%
10% most volatile stocks in HK Market14.8%
10% least volatile stocks in HK Market3.9%

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

FoundedEmployeesCEOWebsite
20171,662Shulin Puhttps://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

How do Cathay Media and Education Group's earnings and revenue compare to its market cap?
1981 fundamental statistics
Market CapCN¥1.46b
Earnings (TTM)CN¥111.20m
Revenue (TTM)CN¥578.05m

13.2x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1981 income statement (TTM)
RevenueCN¥578.05m
Cost of RevenueCN¥301.88m
Gross ProfitCN¥276.17m
Other ExpensesCN¥164.97m
EarningsCN¥111.20m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.067
Gross Margin47.78%
Net Profit Margin19.24%
Debt/Equity Ratio0.0%

How did 1981 perform over the long term?

See historical performance and comparison

Dividends

8.5%

Current Dividend Yield

109%

Payout Ratio

Does 1981 pay a reliable dividends?

See 1981 dividend history and benchmarks
When do you need to buy 1981 by to receive an upcoming dividend?
Cathay Media and Education Group dividend dates
Ex Dividend DateJun 02 2022
Dividend Pay DateJun 30 2022
Days until Ex dividend19 days
Days until Dividend pay date47 days

Does 1981 pay a reliable dividends?

See 1981 dividend history and benchmarks

Valuation

Is Cathay Media and Education Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation 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

5/6

Future 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

1/6

Past 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

6/6

Financial 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

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


8.53%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 14 2022Ex Dividend DateJun 02 2022Dividend Pay DateJun 30 202228 days from Ex DividendBuy in the next 19 days to receive the upcoming dividend

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/14 00:00
End of Day Share Price2022/05/13 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.