SEHK:1993

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Asiaray Media Group

Executive Summary

Asiaray Media Group Limited, an investment holding company, operates as an out-of-home media company in Mainland China and Hong Kong. More Details


Snowflake Analysis

Slightly overvalued with worrying balance sheet.


Similar Companies

Share Price & News

How has Asiaray Media Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1993 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 1993's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-8.6%

1993

-5.5%

HK Media

-0.03%

HK Market


1 Year Return

-43.9%

1993

54.1%

HK Media

20.6%

HK Market

Return vs Industry: 1993 underperformed the Hong Kong Media industry which returned 54.4% over the past year.

Return vs Market: 1993 underperformed the Hong Kong Market which returned 20.8% over the past year.


Shareholder returns

1993IndustryMarket
7 Day-8.6%-5.5%-0.03%
30 Day-5.9%-9.4%-0.5%
90 Day-16.9%17.6%10.3%
1 Year-43.9%-43.9%55.0%54.1%25.3%20.6%
3 Year71.0%58.4%-24.9%-27.3%3.8%-7.0%
5 Year-22.0%-38.5%-52.0%-59.6%60.0%32.8%

Long-Term Price Volatility Vs. Market

How volatile is Asiaray Media Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1993 (HK$3.2) is trading below our estimate of fair value (HK$53.59)

Significantly Below Fair Value: 1993 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1993 is unprofitable, so we can't compare its PE Ratio to the HK Media industry average.

PE vs Market: 1993 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 1993's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1993 is overvalued based on its PB Ratio (4.7x) compared to the HK Media industry average (1x).


Next Steps

Future Growth

How is Asiaray Media Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

94.8%

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 Asiaray Media Group 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.


Next Steps

Past Performance

How has Asiaray Media Group performed over the past 5 years?

-36.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1993 is currently unprofitable.

Growing Profit Margin: 1993 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1993 is unprofitable, and losses have increased over the past 5 years at a rate of 36.2% per year.

Accelerating Growth: Unable to compare 1993's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1993 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-16.1%).


Return on Equity

High ROE: 1993 has a negative Return on Equity (-33.71%), as it is currently unprofitable.


Next Steps

Financial Health

How is Asiaray Media Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1993's short term assets (HK$1.1B) do not cover its short term liabilities (HK$1.3B).

Long Term Liabilities: 1993's short term assets (HK$1.1B) do not cover its long term liabilities (HK$2.8B).


Debt to Equity History and Analysis

Debt Level: 1993's debt to equity ratio (61.7%) is considered high.

Reducing Debt: 1993's debt to equity ratio has increased from 3.7% to 61.7% over the past 5 years.

Debt Coverage: 1993's debt is well covered by operating cash flow (329.4%).

Interest Coverage: Insufficient data to determine if 1993's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Asiaray Media Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1993's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1993'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 1993's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1993's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1993 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 1993'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?

6.8yrs

Average board tenure


CEO

Vincent Lam (59 yo)

no data

Tenure

HK$1,922,000

Compensation

Mr. Tak Hing Lam, also known as Vincent, serves as the Chief Executive Officer at Asiaray Media Group Limited. Mr. Lam has been the Chairman at Asiaray Media Group Limited since June 12, 2014 and has been ...


CEO Compensation Analysis

Compensation vs Market: Vincent's total compensation ($USD247.54K) is about average for companies of similar size in the Hong Kong market ($USD304.63K).

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


Board Members

NamePositionTenureCompensationOwnership
Tak Lam
Chairman & CEOno dataHK$1.92m62.51%
HK$ 938.0m
Ka Lam
COO & Executive Director6.83yrsHK$2.80mno data
Chiu Cheung Ma
Independent Non-Executive Director6.83yrsHK$252.00kno data
Ho Fai Ma
Independent Non-Executive Director6.83yrsHK$252.00kno data
Chi Kin Wong
Non-Executive Director4yrsHK$3.25mno data
Ka Ling Mak
Independent Non-Executive Director3.83yrsHK$252.00kno data
Peng Yang
Non-Executive Director1.25yrsno datano data

6.8yrs

Average Tenure

50yo

Average Age

Experienced Board: 1993's board of directors are considered experienced (6.8 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

Asiaray Media Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Asiaray Media Group Limited
  • Ticker: 1993
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Advertising
  • Sector: Media
  • Market Cap: HK$1.501b
  • Shares outstanding: 468.92m
  • Website: https://www.asiaray.com

Number of Employees


Location

  • Asiaray Media Group Limited
  • Kornhill Plaza-Office Tower
  • 16th Floor
  • Quarry Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1993SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2015

Biography

Asiaray Media Group Limited, an investment holding company, operates as an out-of-home media company in Mainland China and Hong Kong. It operates through Airports Business, and Metro and Billboards Busines...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 10:07
End of Day Share Price2021/03/05 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.