Television Broadcasts Limited, together with its subsidiaries, engages in terrestrial television broadcasting, program production, and other television-related activities.
Television Broadcasts Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$6.23|
|52 Week High||HK$5.84|
|52 Week Low||HK$9.86|
|1 Month Change||-7.98%|
|3 Month Change||-11.00%|
|1 Year Change||-9.32%|
|3 Year Change||-64.72%|
|5 Year Change||-78.29%|
|Change since IPO||-1.11%|
Recent News & Updates
Television Broadcasts (HKG:511) Is Making Moderate Use Of Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|511||HK Media||HK Market|
Return vs Industry: 511 underperformed the Hong Kong Media industry which returned -2.9% over the past year.
Return vs Market: 511 underperformed the Hong Kong Market which returned 5% over the past year.
Stable Share Price: 511 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: 511's weekly volatility (6%) has been stable over the past year.
About the Company
Television Broadcasts Limited, together with its subsidiaries, engages in terrestrial television broadcasting, program production, and other television-related activities. It operates through Hong Kong TV Broadcasting, myTV SUPER, Big Big Channel and E-Commerce Business, Programme Licensing and Distribution, Overseas pay TV and TVB Anywhere, and Other Activities segments. The Hong Kong TV Broadcasting segment is involved in the broadcasting of television programs and commercials on terrestrial TV platforms; production of programs; and co-production of dramas.
Television Broadcasts Fundamentals Summary
|511 fundamental statistics|
Is 511 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|511 income statement (TTM)|
|Cost of Revenue||HK$1.85b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.62|
|Net Profit Margin||-9.88%|
How did 511 perform over the long term?See historical performance and comparison
Is Television Broadcasts undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 511's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 511's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 511 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Media industry average.
PE vs Market: 511 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 511's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 511 is good value based on its PB Ratio (0.6x) compared to the HK Media industry average (1x).
How is Television Broadcasts forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Television Broadcasts 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.
How has Television Broadcasts performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 511 is currently unprofitable.
Growing Profit Margin: 511 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 511 is unprofitable, and losses have increased over the past 5 years at a rate of 65.6% per year.
Accelerating Growth: Unable to compare 511's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 511 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (35.4%).
Return on Equity
High ROE: 511 has a negative Return on Equity (-4.89%), as it is currently unprofitable.
How is Television Broadcasts's financial position?
Financial Position Analysis
Short Term Liabilities: 511's short term assets (HK$6.0B) exceed its short term liabilities (HK$2.4B).
Long Term Liabilities: 511's short term assets (HK$6.0B) exceed its long term liabilities (HK$2.0B).
Debt to Equity History and Analysis
Debt Level: 511's debt to equity ratio (74.8%) is considered high.
Reducing Debt: 511's debt to equity ratio has increased from 0.6% to 74.8% over the past 5 years.
Debt Coverage: 511's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 511's interest payments on its debt are well covered by EBIT.
What is Television Broadcasts's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 511's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 511'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 511's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 511's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 511 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 511's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Television Broadcasts has no CEO, or we have no data on them.
Experienced Management: 511's management team is seasoned and experienced (7.4 years average tenure).
Experienced Board: 511's board of directors are considered experienced (3.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Television Broadcasts Limited's employee growth, exchange listings and data sources
- Name: Television Broadcasts Limited
- Ticker: 511
- Exchange: SEHK
- Founded: 1967
- Industry: Broadcasting
- Sector: Media
- Market Cap: HK$2.729b
- Shares outstanding: 438.00m
- Website: https://www.corporate.tvb.com
Number of Employees
- Television Broadcasts Limited
- TVB City
- 77 Chun Choi Street
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 15:36|
|End of Day Share Price||2021/10/15 00:00|
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.