Silkwave (SEHK:471) - Stock Price, News & Analysis

471 Stock Overview

An investment holding company, engages in the convergent mobile multimedia broadcasting (CMMB) business in the People’s Republic of China, the United States, Hong Kong, and Taiwan. More details

471 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap (HK$60M)

Highly volatile share price over the past 3 months compared to the Hong Kong market

Silkwave Inc Competitors

Phoenix Media Investment (Holdings)

SEHK:2008

HK$679.1m

Television Broadcasts

SEHK:511

HK$1.4b

Allegro Culture

SEHK:550

HK$61.0m

Web3 Meta

SEHK:8093

HK$60.5m

Price History & Performance

Summary of all time highs, changes and price drops for Silkwave
Historical stock prices
Current Share Price	HK$0.67
52 Week High	HK$6.10
52 Week Low	HK$0.52
Beta	0.29
11 Month Change	-19.28%
3 Month Change	-23.86%
1 Year Change	-89.02%
33 Year Change	-91.18%
5 Year Change	-96.72%
Change since IPO	-100.00%

Is Silkwave (HKG:471) A Risky Investment?

Sep 17

Most Shareholders Will Probably Agree With Silkwave Inc's (HKG:471) CEO Compensation

Jun 21

Recent updates

Is Silkwave (HKG:471) A Risky Investment?

Sep 17

Most Shareholders Will Probably Agree With Silkwave Inc's (HKG:471) CEO Compensation

Jun 21

Does CMMB Vision Holdings' (HKG:471) CEO Salary Compare Well With The Performance Of The Company?

Dec 10

Shareholder Returns

	471	HK Media	HK Market
7D	-6.9%	-5.2%	1.6%
1Y	-89.0%	-3.1%	10.1%

Return vs Industry: 471 underperformed the Hong Kong Media industry which returned -3.1% over the past year.

Return vs Market: 471 underperformed the Hong Kong Market which returned 10.1% over the past year.

Price Volatility

Is 471's price volatile compared to industry and market?
471 volatility
471 Average Weekly Movement	38.3%
Media Industry Average Movement	10.1%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.0%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 471's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 471's weekly volatility has increased from 25% to 38% over the past year.

About the Company

Founded	Employees	CEO	Website
2004	23	Charles Wong	www.silkwave.com.hk

Silkwave Inc, an investment holding company, engages in the convergent mobile multimedia broadcasting (CMMB) business in the People’s Republic of China, the United States, Hong Kong, and Taiwan. It operates through CMMB Business and Trading Business segments. The CMMB Business segment is involved in the transmission and broadcasting of television programs.

Silkwave Inc Fundamentals Summary

How do Silkwave's earnings and revenue compare to its market cap?
471 fundamental statistics
Market cap	HK$60.05m
Earnings (TTM)	-HK$507.96m
Revenue (TTM)	HK$53.57m

1.1x

P/S Ratio

-0.1x

P/E Ratio

Is 471 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
471 income statement (TTM)
Revenue	US$6.88m
Cost of Revenue	US$4.08m
Gross Profit	US$2.80m
Other Expenses	US$68.05m
Earnings	-US$65.25m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.73
Gross Margin	40.66%
Net Profit Margin	-948.15%
Debt/Equity Ratio	29.2%

How did 471 perform over the long term?

See historical performance and comparison

471 Stock Overview

Risk Analysis

Silkwave Inc Competitors

SEHK:2008

HK$679.1m

SEHK:511

HK$1.4b

SEHK:550

HK$61.0m

SEHK:8093

HK$60.5m

Price History & Performance

Recent News & Updates

First half 2024 earnings released: EPS: US$0 (vs US$0.002 loss in 1H 2023)

Is Silkwave (HKG:471) A Risky Investment?

New major risk - Market cap size

Silkwave Inc to Report First Half, 2024 Results on Aug 30, 2024

Most Shareholders Will Probably Agree With Silkwave Inc's (HKG:471) CEO Compensation

Silkwave Inc, Annual General Meeting, Jun 28, 2024

Recent updates

First half 2024 earnings released: EPS: US$0 (vs US$0.002 loss in 1H 2023)

Is Silkwave (HKG:471) A Risky Investment?

New major risk - Market cap size

Silkwave Inc to Report First Half, 2024 Results on Aug 30, 2024

Most Shareholders Will Probably Agree With Silkwave Inc's (HKG:471) CEO Compensation

Silkwave Inc, Annual General Meeting, Jun 28, 2024

Does Silkwave (HKG:471) Have A Healthy Balance Sheet?

Silkwave Inc Announces Management Changes

Silkwave Inc Announces Board Resignations

Full year 2023 earnings released: US$0.04 loss per share (vs US$0.023 loss in FY 2022)

Less than half of directors are independent

Silkwave Inc to Report Fiscal Year 2023 Results on Mar 28, 2024

New major risk - Share price stability

Silkwave is Building World's First L-Band Geo-Leo-5G Satellite Platform with a Focus on Become an Leading Satellite-Internet Mobile Multimedia Service Operator for Asia

Silkwave is Building World's First L-Band Geo-Leo-5G Satellite Platform with a Focus on Become an Leading Satellite-Internet Mobile Multimedia Service Operator for Asia

First half 2023 earnings released: US$0.002 loss per share (vs US$0.015 loss in 1H 2022)

New minor risk - Share price stability

Silkwave Inc to Report First Half, 2023 Results on Aug 30, 2023

Chairman & CEO exercised options to buy HK$51m worth of stock.

Non-Executive Director recently sold HK$57k worth of stock

Chairman & CEO recently bought HK$74k worth of stock

Silkwave Inc Announces Resignation of Chou Tsan-Hsiung as Non-Executive Director, Member of the Audit Committee and Remuneration Committee

Chairman & CEO recently sold HK$646k worth of stock

Full year 2022 earnings released: US$0.023 loss per share (vs US$0.10 loss in FY 2021)

Chairman & CEO recently sold HK$227k worth of stock

Chairman & CEO recently sold HK$334k worth of stock

Chairman & CEO recently sold HK$156k worth of stock

Chairman & CEO recently bought HK$305k worth of stock

Less than half of directors are independent

Chairman & CEO recently bought HK$338k worth of stock

Chairman & CEO recently bought HK$318k worth of stock

First half 2022 earnings released: US$0.015 loss per share (vs US$0.06 loss in 1H 2021)

Chairman & CEO recently sold HK$79k worth of stock

First half 2022 earnings released: US$0.015 loss per share (vs US$0.06 loss in 1H 2021)

Silkwave Inc to Report First Half, 2022 Results on Aug 30, 2022

Chairman & CEO exercised options to buy HK$85m worth of stock.

Less than half of directors are independent

CMMB Vision Holdings Limited, Annual General Meeting, May 18, 2022

Full year 2021 earnings released: US$0.10 loss per share (vs US$0.53 loss in FY 2020)

CMMB Vision Holdings Limited Appoints Lui Chun Pong as Non-Executive Director

First half 2021 earnings released: US$0.06 loss per share (vs US$0.07 loss in 1H 2020)

Is CMMB Vision Holdings (HKG:471) Weighed On By Its Debt Load?

Non-Executive Director Shan Li has left the company

Chairman & CEO recently sold HK$772k worth of stock

Chairman & CEO recently sold HK$101k worth of stock

Chairman & CEO recently sold HK$2.3m worth of stock

Is CMMB Vision Holdings (HKG:471) Using Debt In A Risky Way?

Full year 2020 earnings released: US$0.53 loss per share (vs US$0.17 loss in FY 2019)

CMMB Vision Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

New 90-day high: HK$0.31

CMMB Vision Holdings Limited (SEHK:471) signed memorandum of understanding to acquire unknown minority stake in Ultra Intelligent Technology Co Ltd.

CMMB Vision Holdings Limited Announces Executive Changes

New 90-day low: HK$0.24

Does CMMB Vision Holdings' (HKG:471) CEO Salary Compare Well With The Performance Of The Company?

New 90-day low: HK$0.25

New 90-day low: HK$0.29

CMMB Vision Holdings Limited Appoints R. Chow Kin Wing as Independent Non-Executive Director and Member of the Board Committees

First half earnings released

New 90-day low - HK$0.29

Cmmb Vision Holdings Ltd's Ordinary Shares to Be Deleted from Other OTC