Asiaray Media Group Limited, an investment holding company, operates as an out-of-home media company in Mainland China and Hong Kong. More Details
Slightly overvalued with worrying balance sheet.
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.
7 Day Return
1 Year Return
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.
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
1 month ago | Simply Wall StAsiaray Media Group (HKG:1993) Shareholders Have Enjoyed A 42% Share Price Gain
2 months ago | Simply Wall StHow Much Of Asiaray Media Group Limited (HKG:1993) Do Insiders Own?
3 months ago | Simply Wall StDoes Asiaray Media Group (HKG:1993) Have A Healthy Balance Sheet?
Is Asiaray Media Group undervalued compared to its fair value and its price relative to the market?
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).
How is Asiaray Media Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of 1993’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Asiaray Media Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
How has Asiaray Media Group performed over the past 5 years?
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.
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$2.8B).
Debt to Equity History and Analysis
Debt Level: 1993's debt to equity ratio (61.7%) is considered high.
Reducing Debt: 1993's debt to equity ratio has increased from 3.7% to 61.7% over the past 5 years.
Debt Coverage: 1993's debt is well covered by operating cash flow (329.4%).
Interest Coverage: Insufficient data to determine if 1993's interest payments on its debt are well covered by EBIT.
What is Asiaray Media Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1993's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1993's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1993's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1993's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1993 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1993's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Vincent Lam (59 yo)
Mr. Tak Hing Lam, also known as Vincent, serves as the Chief Executive Officer at Asiaray Media Group Limited. Mr. Lam has been the Chairman at Asiaray Media Group Limited since June 12, 2014 and has been ...
CEO Compensation Analysis
Compensation vs Market: Vincent's total compensation ($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.
|Chairman & CEO||no data||HK$1.92m||62.51% |
|COO & Executive Director||6.83yrs||HK$2.80m||no data|
|Independent Non-Executive Director||6.83yrs||HK$252.00k||no data|
|Independent Non-Executive Director||6.83yrs||HK$252.00k||no data|
|Non-Executive Director||4yrs||HK$3.25m||no data|
|Independent Non-Executive Director||3.83yrs||HK$252.00k||no data|
|Non-Executive Director||1.25yrs||no data||no data|
Experienced Board: 1993's board of directors are considered experienced (6.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Asiaray Media Group Limited's company bio, employee growth, exchange listings and data sources
- 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
- Asiaray Media Group Limited
- Kornhill Plaza-Office Tower
- 16th Floor
- Quarry Bay
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1993||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 2015|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/06 10:07|
|End of Day Share Price||2021/03/05 00:00|
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.