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3700

Inke SEHK:3700 Stock Report

Last Price

HK$1.46

Market Cap

HK$2.8b

7D

-2.7%

1Y

-34.8%

Updated

24 Jun, 2022

Data

Company Financials +
3700 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

3700 Stock Overview

Inke Limited, an investment holding company, operates mobile live streaming platforms in the People’s Republic of China.

Inke Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Inke
Historical stock prices
Current Share PriceHK$1.46
52 Week HighHK$2.30
52 Week LowHK$1.11
Beta0.31
1 Month Change30.36%
3 Month Change-2.01%
1 Year Change-34.82%
3 Year Change-8.18%
5 Year Changen/a
Change since IPO-65.73%

Recent News & Updates

Shareholder Returns

3700HK Interactive Media and ServicesHK Market
7D-2.7%1.8%1.2%
1Y-34.8%-39.0%-23.3%

Return vs Industry: 3700 exceeded the Hong Kong Interactive Media and Services industry which returned -39% over the past year.

Return vs Market: 3700 underperformed the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 3700's price volatile compared to industry and market?
3700 volatility
3700 Average Weekly Movement8.3%
Interactive Media and Services Industry Average Movement8.3%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.7%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 3700 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 3700's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20152,297Yousheng Fenghttps://www.inke.com

Inke Limited, an investment holding company, operates mobile live streaming platforms in the People’s Republic of China. Its products include Inke App, a mobile live streaming application; JiMu and Yinpao social networking platforms; and Duiyuan App, a match dating app. The company provides online advertising, value-added telecommunication, internet cultural, online audio and video program, and talent agency services.

Inke Fundamentals Summary

How do Inke's earnings and revenue compare to its market cap?
3700 fundamental statistics
Market CapCN¥2.41b
Earnings (TTM)CN¥415.38m
Revenue (TTM)CN¥9.18b

5.8x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3700 income statement (TTM)
RevenueCN¥9.18b
Cost of RevenueCN¥5.87b
Gross ProfitCN¥3.31b
Other ExpensesCN¥2.89b
EarningsCN¥415.38m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.21
Gross Margin36.02%
Net Profit Margin4.53%
Debt/Equity Ratio0%

How did 3700 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 3700 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3700?

Other financial metrics that can be useful for relative valuation.

3700 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 3700's PE Ratio compare to its peers?

3700 PE Ratio vs Peers
The above table shows the PE ratio for 3700 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.1x

Price-To-Earnings vs Peers: 3700 is good value based on its Price-To-Earnings Ratio (5.8x) compared to the peer average (20.1x).


Price to Earnings Ratio vs Industry

How does 3700's PE Ratio compare vs other companies in the Interactive Media and Services Industry?

Price-To-Earnings vs Industry: 3700 is good value based on its Price-To-Earnings Ratio (5.8x) compared to the Hong Kong Interactive Media and Services industry average (11x)


Price to Earnings Ratio vs Fair Ratio

What is 3700's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3700 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3700's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 3700 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3700 (HK$1.46) is trading below our estimate of fair value (HK$25.15)

Significantly Below Fair Value: 3700 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3700's PEG Ratio to determine if it is good value.


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Future Growth

How is Inke forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.5%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 3700's forecast earnings growth is above the savings rate (1.5%).

Earnings vs Market: Insufficient data to determine if 3700's earnings are forecast to grow faster than the Hong Kong market

High Growth Earnings: Insufficient data to determine if 3700's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3700's revenue (17.5% per year) is forecast to grow faster than the Hong Kong market (10.1% per year).

High Growth Revenue: 3700's revenue (17.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3700's Return on Equity is forecast to be low in 3 years time (16.1%).


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Past Performance

How has Inke performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


22.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3700 has high quality earnings.

Growing Profit Margin: 3700's current net profit margins (4.5%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: 3700 has become profitable over the past 5 years, growing earnings by 22.2% per year.

Accelerating Growth: 3700's earnings growth over the past year (114.2%) exceeds its 5-year average (22.2% per year).

Earnings vs Industry: 3700 earnings growth over the past year (114.2%) exceeded the Interactive Media and Services industry 16.3%.


Return on Equity

High ROE: 3700's Return on Equity (11%) is considered low.


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Financial Health

How is Inke's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 3700's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 3700's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥172.6M).


Debt to Equity History and Analysis

Debt Level: 3700 is debt free.

Reducing Debt: 3700 currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: 3700 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 3700 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Inke current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3700's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3700'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 3700's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3700's dividend payments have been increasing.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 3700 has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Yousheng Feng (43 yo)

no data

Tenure

Mr. Yousheng Feng is Founder of Inke Limited. Mr. Feng serves as Chairman and the Chief Executive Officer of Inke Limited and has been its Director since November 24, 2017. Mr. Feng is primarily responsibl...


Leadership Team

Experienced Management: 3700's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: 3700's board of directors are considered experienced (4.1 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

Inke Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Inke Limited
  • Ticker: 3700
  • Exchange: SEHK
  • Founded: 2015
  • Industry: Interactive Media and Services
  • Sector: Media
  • Implied Market Cap: HK$2.830b
  • Shares outstanding: 1.94b
  • Website: https://www.inke.com

Number of Employees


Location

  • Inke Limited
  • Greenland Center
  • Zone C, Block A
  • Beijing
  • 100102
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.