Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 1/6 |
Past Performance | 1/6 |
Financial Health | 5/6 |
Dividends | 0/6 |
302 Stock Overview
CMGE Technology Group Limited, an investment holding company, operates as an intellectual property (IP)-based game publisher and developer in Mainland China, Hong Kong, Taiwan, and South Korea.
CMGE Technology Group Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | HK$2.02 |
52 Week High | HK$5.09 |
52 Week Low | HK$1.88 |
Beta | 0.26 |
1 Month Change | -11.40% |
3 Month Change | -34.20% |
1 Year Change | -41.28% |
3 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | -30.10% |
Recent News & Updates
CMGE Technology Group (HKG:302) Seems To Use Debt Quite Sensibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Some CMGE Technology Group Limited (HKG:302) Analysts Just Made A Major Cut To Next Year's Estimates
Market forces rained on the parade of CMGE Technology Group Limited ( HKG:302 ) shareholders today, when the analysts...
Shareholder Returns
302 | HK Entertainment | HK Market | |
---|---|---|---|
7D | 2.0% | 0.7% | 0.05% |
1Y | -41.3% | -50.7% | -25.2% |
Return vs Industry: 302 exceeded the Hong Kong Entertainment industry which returned -50.7% over the past year.
Return vs Market: 302 underperformed the Hong Kong Market which returned -25.2% over the past year.
Price Volatility
302 volatility | |
---|---|
302 Average Weekly Movement | 8.6% |
Entertainment Industry Average Movement | 10.6% |
Market Average Movement | 8.0% |
10% most volatile stocks in HK Market | 14.9% |
10% least volatile stocks in HK Market | 3.9% |
Stable Share Price: 302 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: 302's weekly volatility (9%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2009 | 1,176 | Jian Xiao | https://www.cmge.com |
CMGE Technology Group Limited, an investment holding company, operates as an intellectual property (IP)-based game publisher and developer in Mainland China, Hong Kong, Taiwan, and South Korea. The company offers games on IPs related to cultural products and art works, such as icons or characters from animations, novels, and motion pictures. It is also involved in the mobile game publishing, game development, and licensing of IP, as well as investment business.
CMGE Technology Group Fundamentals Summary
302 fundamental statistics | |
---|---|
Market Cap | CN¥4.80b |
Earnings (TTM) | CN¥611.77m |
Revenue (TTM) | CN¥3.96b |
7.8x
P/E Ratio1.2x
P/S RatioIs 302 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
302 income statement (TTM) | |
---|---|
Revenue | CN¥3.96b |
Cost of Revenue | CN¥2.48b |
Gross Profit | CN¥1.47b |
Other Expenses | CN¥861.72m |
Earnings | CN¥611.77m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.22 |
Gross Margin | 37.24% |
Net Profit Margin | 15.46% |
Debt/Equity Ratio | 13.2% |
How did 302 perform over the long term?
See historical performance and comparisonValuation
Is CMGE Technology Group undervalued compared to its fair value and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
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: 302 (HK$2.02) is trading below our estimate of fair value (HK$10.27)
Significantly Below Fair Value: 302 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 302 is good value based on its PE Ratio (7.8x) compared to the Hong Kong Entertainment industry average (9.2x).
PE vs Market: 302 is good value based on its PE Ratio (7.8x) compared to the Hong Kong market (8.7x).
Price to Earnings Growth Ratio
PEG Ratio: 302 is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: 302 is good value based on its PB Ratio (0.8x) compared to the HK Entertainment industry average (1x).
Future Growth
How is CMGE Technology Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
2.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 302's forecast earnings growth (2.6% per year) is above the savings rate (1.5%).
Earnings vs Market: 302's earnings (2.6% per year) are forecast to grow slower than the Hong Kong market (14.8% per year).
High Growth Earnings: 302's earnings are forecast to grow, but not significantly.
Revenue vs Market: 302's revenue (4.6% per year) is forecast to grow slower than the Hong Kong market (9.9% per year).
High Growth Revenue: 302's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 302's Return on Equity is forecast to be low in 3 years time (9.3%).
Past Performance
How has CMGE Technology Group performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
26.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 302 has a high level of non-cash earnings.
Growing Profit Margin: 302's current net profit margins (15.5%) are lower than last year (18.4%).
Past Earnings Growth Analysis
Earnings Trend: 302's earnings have grown significantly by 26.4% per year over the past 5 years.
Accelerating Growth: 302's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 302 had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Entertainment industry average (12.9%).
Return on Equity
High ROE: 302's Return on Equity (10.3%) is considered low.
Financial Health
How is CMGE Technology Group's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 302's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 302's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥259.7M).
Debt to Equity History and Analysis
Debt Level: 302 has more cash than its total debt.
Reducing Debt: 302's debt to equity ratio has increased from 0% to 13.2% over the past 5 years.
Debt Coverage: 302's debt is well covered by operating cash flow (45.7%).
Interest Coverage: 302's interest payments on its debt are well covered by EBIT (41.2x coverage).
Balance Sheet
Dividend
What is CMGE Technology Group current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.73%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 302's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 302'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 302's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 302's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 302 is not paying a notable dividend for the Hong Kong market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 302 has not reported any payouts.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average board tenure
CEO
Jian Xiao (40 yo)
no data
Tenure
CN¥40,772,000
Compensation
Mr. Jian Xiao is the Chairman and the Chief Executive Officer at CMGE Technology Group Limited and has been the Executive Director since April 25, 2018. He serves as Founding Managing Partner at China Pros...
CEO Compensation Analysis
Compensation vs Market: Jian's total compensation ($USD6.05M) is above average for companies of similar size in the Hong Kong market ($USD526.09K).
Compensation vs Earnings: Jian's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: 302's board of directors are not considered experienced ( 2.7 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
CMGE Technology Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: CMGE Technology Group Limited
- Ticker: 302
- Exchange: SEHK
- Founded: 2009
- Industry: Interactive Home Entertainment
- Sector: Media
- Implied Market Cap: HK$5.591b
- Shares outstanding: 2.77b
- Website: https://www.cmge.com
Number of Employees
Location
- CMGE Technology Group Limited
- Building No. 4
- 10th Floor
- Shenzhen
- Guangdong Province
- China
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/17 00:00 |
End of Day Share Price | 2022/05/17 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.