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343

Culturecom HoldingsSEHK:343 Stock Report

Market Cap

HK$1.2b

7D

0%

1Y

700.0%

Updated

21 Oct, 2021

Data

Company Financials
343 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

343 Overview

Culturecom Holdings Limited, an investment holding company, engages in publishing comic books and digital marketing business in Hong Kong and the People’s Republic of China.

Price History & Performance

Summary of all time highs, changes and price drops for Culturecom Holdings
Historical stock prices
Current Share PriceHK$0.72
52 Week HighHK$0.075
52 Week LowHK$0.82
Beta1.05
1 Month Change-2.70%
3 Month Change4.35%
1 Year Change700.00%
3 Year Change111.77%
5 Year Change-45.87%
Change since IPO-81.30%

Recent News & Updates

Shareholder Returns

343HK MediaHK Market
7D0%2.7%1.8%
1Y700.0%0.4%5.7%

Return vs Industry: 343 exceeded the Hong Kong Media industry which returned 1.3% over the past year.

Return vs Market: 343 exceeded the Hong Kong Market which returned 6.2% over the past year.

Price Volatility

Is 343's price volatile compared to industry and market?
343 volatility
343 Beta1.05
Industry Beta0.72
Market Beta1

Stable Share Price: 343 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 343's weekly volatility has decreased from 16% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983162Kin Chung Kwanhttps://www.culturecom.com.hk

Culturecom Holdings Limited, an investment holding company, engages in publishing comic books and digital marketing business in Hong Kong and the People’s Republic of China. The company operates through Publishing and Intellectual Properties Licensing, Digital Marketing, and Retailing and Wholesales segments. The Publishing and Intellectual Properties Licensing segment publishes comic books, as well as licenses intellectual properties of comic books.

Culturecom Holdings Fundamentals Summary

How do Culturecom Holdings's earnings and revenue compare to its market cap?
343 fundamental statistics
Market CapHK$1.20b
Earnings (TTM)-HK$56.89m
Revenue (TTM)HK$206.61m

5.8x

P/S Ratio

-21.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
343 income statement (TTM)
RevenueHK$206.61m
Cost of RevenueHK$167.82m
Gross ProfitHK$38.79m
ExpensesHK$95.68m
Earnings-HK$56.89m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.034
Gross Margin18.77%
Net Profit Margin-27.53%
Debt/Equity Ratio20.6%

How did 343 perform over the long term?

See historical performance and comparison

Valuation

Is Culturecom Holdings undervalued compared to its fair value and its price relative to the market?

7.27x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 343's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 343's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 343 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Media industry average.

PE vs Market: 343 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 343's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 343 is overvalued based on its PB Ratio (7.3x) compared to the HK Media industry average (1.1x).


Future Growth

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

38.2%

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 Culturecom Holdings 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.


Past Performance

How has Culturecom Holdings performed over the past 5 years?

1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 343 is currently unprofitable.

Growing Profit Margin: 343 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 343 is unprofitable, but has reduced losses over the past 5 years at a rate of 1.1% per year.

Accelerating Growth: Unable to compare 343's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 343 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (35.4%).


Return on Equity

High ROE: 343 has a negative Return on Equity (-40.52%), as it is currently unprofitable.


Financial Health

How is Culturecom Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 343's short term assets (HK$231.9M) exceed its short term liabilities (HK$71.5M).

Long Term Liabilities: 343's short term assets (HK$231.9M) exceed its long term liabilities (HK$1.6M).


Debt to Equity History and Analysis

Debt Level: 343's debt to equity ratio (20.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 343's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: 343 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 343 has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.4% each year.


Dividend

What is Culturecom Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 343's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 343'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 343's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 343'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 343'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?

5.3yrs

Average board tenure


CEO

Kin Chung Kwan (52 yo)

no data

Tenure

HK$810,000

Compensation

Mr. Kin Chung Kwan has been the Managing Director of Culturecom Holdings Ltd. since March 6, 2008. Mr. Kwan served as the Managing Director of China Bio Cassava Holdings Limited since January 2007 until Ma...


CEO Compensation Analysis

Compensation vs Market: Kin Chung's total compensation ($USD104.19K) is below average for companies of similar size in the Hong Kong market ($USD290.94K).

Compensation vs Earnings: Kin Chung's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 343's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 343 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

Company Information

Culturecom Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Culturecom Holdings Limited
  • Ticker: 343
  • Exchange: SEHK
  • Founded: 1983
  • Industry: Publishing
  • Sector: Media
  • Market Cap: HK$1.201b
  • Shares outstanding: 1.67b
  • Website: https://www.culturecom.com.hk

Number of Employees


Location

  • Culturecom Holdings Limited
  • Far East Finance Centre
  • Suite 1502, 15th Floor
  • Admiralty
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:03
End of Day Share Price2021/10/21 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.