SEHK:2230

Stock Analysis Report

Executive Summary

Medialink Group Limited distributes third-party owned media content primarily in the People’s Republic of China, Singapore, Malaysia, Taiwan, Indonesia, and Japan.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

2230

1.9%

HK Interactive Media and Services

0.9%

HK Market


1 Year Return

n/a

2230

17.1%

HK Interactive Media and Services

0.6%

HK Market

Return vs Industry: Insufficient data to determine how 2230 performed against the Hong Kong Interactive Media and Services industry.

Return vs Market: Insufficient data to determine how 2230 performed against the Hong Kong Market.


Shareholder returns

2230IndustryMarket
7 Day0%1.9%0.9%
30 Day-9.1%-2.2%0.4%
90 Day-12.3%-8.6%-5.5%
1 Yearn/a17.4%17.1%4.2%0.6%
3 Yearn/a55.1%53.9%15.5%3.9%
5 Yearn/a141.8%138.1%19.9%-0.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Medialink 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

Undervalued: 2230 (HK$0.25) is trading below our estimate of fair value (HK$1.7)

Significantly Undervalued: 2230 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2230 is good value based on its PE Ratio (3.5x) compared to the Interactive Media and Services industry average (11.3x).

PE vs Market: 2230 is good value based on its PE Ratio (3.5x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 2230's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2230 is good value based on its PB Ratio (1.4x) compared to the HK Interactive Media and Services industry average (1.6x).


Next Steps

Future Growth

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

4.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2230's forecast earnings growth (4.4% per year) is above the savings rate (2%).

Earnings vs Market: 2230's earnings (4.4% per year) are forecast to grow slower than the Hong Kong market (11.4% per year).

High Growth Earnings: 2230's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 2230's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 2230's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 2230's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Medialink Group performed over the past 5 years?

12.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 2230's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 2230's past year earnings growth to its 5-year average.

Earnings vs Industry: 2230 earnings growth over the past year (12.4%) exceeded the Interactive Media and Services industry 11.8%.


Return on Equity

High ROE: 2230's Return on Equity (39.3%) is considered high.


Return on Assets

ROA vs Industry: 2230 has a higher Return on Assets than the Interactive Media and Services industry average last year.


Return on Capital Employed

ROCE Improving: 2230 has not improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Medialink Group's financial position?


Financial Position Analysis

Short Term Liabilities: 2230's short term assets (HK$434.3M) exceeds its short term liabilities (HK$213.4M)

Long Term Liabilities: 2230's short term assets (434.3M) exceeds its long term liabilities (951.0K)


Debt to Equity History and Analysis

Debt Level: 2230 is debt free.

Reducing Debt: 2230 had no debt 5 years ago.

Debt Coverage: 2230 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2230 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 2230 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 2230's debt is covered by short term assets.


Next Steps

Dividend

What is Medialink Group's current dividend yield, its reliability and sustainability?

5.20%

Current Dividend Yield


Dividend Yield vs Market

company5.2%marketbottom25%2.3%markettop25%6.3%industryaverage0.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 2230's dividend (5.2%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 2230's dividend (5.2%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.25%).

Stable Dividend: Too early to tell whether 2230's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 2230's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.4%), 2230's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Medialink Group's salary, the management and board of directors tenure and is there insider trading?

1.0yrs

Average board tenure


CEO

Lovinia Chiu (54yo)

0yrs

Tenure

HK$5,447,000

Compensation

Ms. Siu Yin Chiu is also known as Lovinia, serves as the Chairman of the Board and Chief Executive Officer of Medialink Group Ltd. She serves as the Director since October 29, 2018. She is the Founder of M ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Lovinia's total compensation is reasonable compared to companies of similar size in the Hong Kong market.

Compensation vs Earnings: Lovinia's compensation has increased by more than 20% in the past year.


Board Age and Tenure

1.0yrs

Average Tenure

54yo

Average Age

Experienced Board: 2230's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Nicholas Ma (43yo)

    CFO, Company Secretary & Executive Director

    • Tenure: 1yrs
    • Compensation: HK$1.90m
  • Wai Kit Cheung (54yo)

    COO & Executive Director

    • Tenure: 1yrs
    • Compensation: HK$2.76m
  • Lovinia Chiu (54yo)

    Founder

    • Tenure: 0yrs
    • Compensation: HK$5.45m
  • Noletta Chiu (50yo)

    Executive Director

    • Tenure: 1yrs
    • Compensation: HK$4.09m
  • Barbara Chiu (56yo)

    Director of HR Administration & Head of Treasury

    • Tenure: 2.5yrs
  • Yat Ping Lee

    Senior Vice President of Content Acquisition & Distribution

    • Tenure: 0.4yrs

Board Members

  • Nicholas Ma (43yo)

    CFO, Company Secretary & Executive Director

    • Tenure: 1yrs
    • Compensation: HK$1.90m
  • Miranda Leung (66yo)

    Independent Non Executive Director

    • Tenure: 0.5yrs
  • Kam Pui Wong (65yo)

    Independent Non Executive Director

    • Tenure: 0.5yrs
  • Wai Kit Cheung (54yo)

    COO & Executive Director

    • Tenure: 1yrs
    • Compensation: HK$2.76m
  • Lovinia Chiu (54yo)

    Founder

    • Tenure: 0yrs
    • Compensation: HK$5.45m
  • Noletta Chiu (50yo)

    Executive Director

    • Tenure: 1yrs
    • Compensation: HK$4.09m
  • JP Wong (47yo)

    Non Executive Director

    • Tenure: 1yrs
  • Wilson Fung (65yo)

    Independent Non Executive Director

    • Tenure: 0.5yrs

Company Information

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


Key Information

  • Name: Medialink Group Limited
  • Ticker: 2230
  • Exchange: SEHK
  • Founded: 2000
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: HK$498.000m
  • Shares outstanding: 1.99b
  • Website: https://medialinkgroupltd.com.hk

Number of Employees


Location

  • Medialink Group Limited
  • South Seas Centre
  • Suite 1001, Tower 1
  • Tsim Sha Tsui East
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2230SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2019

Biography

Medialink Group Limited distributes third-party owned media content primarily in the People’s Republic of China, Singapore, Malaysia, Taiwan, Indonesia, and Japan. It operates in two segments, Media Conten ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 12:53
End of Day Share Price2019/10/18 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.