SEHK:2383

Stock Analysis Report

Executive Summary

TOM Group Limited, an investment holding company, operates as a technology and media company in Hong Kong, Mainland China, Taiwan, and other Asian countries.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2383 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

13.3%

2383

3.0%

HK Media

4.0%

HK Market


1 Year Return

-16.9%

2383

-29.3%

HK Media

-20.1%

HK Market

Return vs Industry: 2383 exceeded the Hong Kong Media industry which returned -29.3% over the past year.

Return vs Market: 2383 exceeded the Hong Kong Market which returned -20.1% over the past year.


Shareholder returns

2383IndustryMarket
7 Day13.3%3.0%4.0%
30 Day-7.9%-13.2%-11.3%
90 Day2.4%-15.1%-15.6%
1 Year-16.9%-16.9%-28.0%-29.3%-17.2%-20.1%
3 Year-29.7%-29.7%-53.3%-58.9%-2.9%-12.7%
5 Year-41.0%-41.0%-63.6%-67.5%-6.8%-21.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether TOM Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as TOM Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 2383’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through TOM Group regulatory filings.
  • Explore potentially undervalued companies in the Media industry.

Future Growth

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

17.4%

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 TOM 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 TOM Group performed over the past 5 years?

-3.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2383 is currently unprofitable.

Growing Profit Margin: 2383 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2383 is unprofitable, and losses have increased over the past 5 years at a rate of -3.2% per year.

Accelerating Growth: Unable to compare 2383's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2383 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-12.3%).


Return on Equity

High ROE: 2383 has a negative Return on Equity (-111.1%), as it is currently unprofitable.


Next Steps

Financial Health

How is TOM Group's financial position?


Financial Position Analysis

Short Term Liabilities: 2383's short term assets (HK$978.3M) exceed its short term liabilities (HK$657.9M).

Long Term Liabilities: 2383's short term assets (HK$978.3M) do not cover its long term liabilities (HK$3.2B).


Debt to Equity History and Analysis

Debt Level: 2383's debt to equity ratio (1788.1%) is considered high.

Reducing Debt: 2383's debt to equity ratio has increased from 466.4% to 1788.1% over the past 5 years.


Balance Sheet

Inventory Level: 2383 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 2383's debt is not covered by short term assets (assets are 0.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 2383 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 2383 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 28.2% each year


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2383's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 2383's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 2383's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2383's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2383'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?

12.0yrs

Average management tenure


CEO

Ken Yeung (54yo)

12s

Tenure

HK$5,970,000

Compensation

Mr. Kwok Mung Yeung, also known as Ken, has been the Chief Executive Officer of Tom Group Ltd., since March 26, 2008. Mr. Yeung served as the Chief Operating Officer of Tom Group Ltd. since February 1, 200 ...


CEO Compensation Analysis

Compensation vs Market: Ken's total compensation ($USD770.17K) is above average for companies of similar size in the Hong Kong market ($USD493.10K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Kwok Yeung
CEO & Executive Director12yrsHK$5.97m0.00076% HK$38.5k
Hoi Chau
no datano data1.91% HK$96.6m
Ka-shing Li
no datano datano data
Tak Cheung Man
CFO & Company Secretary1.5yrsno datano data
Michael Ng
Chief Investment Officer14yrsno datano data
Lincoln Venancio
Managing Director of Tennis Management Groupno datano datano data
Ji Xian Wang
President of Sanlianno datano datano data

12.0yrs

Average Tenure

56yo

Average Age

Experienced Management: 2383's management team is seasoned and experienced (12 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kwok Yeung
CEO & Executive Director12yrsHK$5.97m0.00076% HK$38.5k
Frank Sixt
Non Executive Chairman20.25yrsHK$50.00k0.012% HK$629.8k
Kai Ming Lai
Alternate Director3.58yrsno datano data
Pui Ling Lee
Non-Executive Director20.17yrsHK$100.00kno data
Pui Chang
Non-Executive Director20.42yrsHK$50.00kno data
Yuk-Keung Ip
Independent Non-Executive Director6.75yrsHK$100.00kno data
Cheng-Jee Sha
Independent Non-Executive Director19.83yrsHK$100.00kno data
Chi Wai Fong
Independent Non-Executive Director0.25yrno datano data

15.9yrs

Average Tenure

67yo

Average Age

Experienced Board: 2383's board of directors are seasoned and experienced ( 15.9 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

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


Key Information

  • Name: TOM Group Limited
  • Ticker: 2383
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Publishing
  • Sector: Media
  • Market Cap: HK$5.063b
  • Shares outstanding: 3.96b
  • Website: https://www.tomgroup.com

Number of Employees


Location

  • TOM Group Limited
  • China Resources Building
  • 16th Floor
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TOCO.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2000
2383SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMar 2000
TQCDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2000

Biography

TOM Group Limited, an investment holding company, operates as a technology and media company in Hong Kong, Mainland China, Taiwan, and other Asian countries. The company’s E-Commerce Group segment provides services to users using the mobile and Internet-based marketplace; and technical services for e-commerce operations. Its Mobile Internet Group segment offers mobile Internet services, online advertising services, and commercial enterprise solutions. The company’s Social Network Group segment provides services of online community and social networking Websites, and related online advertising. Its Publishing Group segment is involved in the magazine and book publishing and circulation activities; and sale of advertising and other related products. The company’s Advertising Group segment provides outdoor media services; and media sales, event production, and marketing services. This segment is also involved in the advertising sale of outdoor media assets. The company also holds trademarks and domain names; operates a mobile and Internet-based C2C marketplace; and provides mobile and Internet content, telecom value-added, management, and email services. In addition, it is involved in the development of software, electronics, and computer network systems; supply of online community and social networking Websites; publishing, distribution, and retail of books and magazines; and event management and media buying businesses. TOM Group Limited was founded in 1999 and is headquartered in Wanchai, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 12:35
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
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.