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623

SinoMedia Holding SEHK:623 Stock Report

Last Price

HK$0.95

Market Cap

HK$438.6m

7D

3.3%

1Y

-15.2%

Updated

16 May, 2022

Data

Company Financials
623 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends3/6

623 Stock Overview

SinoMedia Holding Limited, an investment holding company, provides TV advertisement, creative content production, and digital marketing services for advertisers and advertising agents in Hong Kong, Singapore, and the People's Republic of China.

SinoMedia Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SinoMedia Holding
Historical stock prices
Current Share PriceHK$0.95
52 Week HighHK$1.42
52 Week LowHK$0.83
Beta0.53
1 Month Change6.74%
3 Month Change-18.10%
1 Year Change-15.18%
3 Year Change-44.44%
5 Year Change-40.99%
Change since IPO-63.74%

Recent News & Updates

Apr 27
SinoMedia Holding (HKG:623) Has Announced That Its Dividend Will Be Reduced To HK$0.04

SinoMedia Holding (HKG:623) Has Announced That Its Dividend Will Be Reduced To HK$0.04

SinoMedia Holding Limited ( HKG:623 ) is reducing its dividend to HK$0.04 on the 8th of July. This means that the...

Apr 04
SinoMedia Holding's (HKG:623) Dividend Will Be Reduced To HK$0.04

SinoMedia Holding's (HKG:623) Dividend Will Be Reduced To HK$0.04

SinoMedia Holding Limited ( HKG:623 ) has announced it will be reducing its dividend payable on the 8th of July to...

Shareholder Returns

623HK MediaHK Market
7D3.3%-0.02%-0.03%
1Y-15.2%-45.4%-24.4%

Return vs Industry: 623 exceeded the Hong Kong Media industry which returned -45.4% over the past year.

Return vs Market: 623 exceeded the Hong Kong Market which returned -24.4% over the past year.

Price Volatility

Is 623's price volatile compared to industry and market?
623 volatility
623 Average Weekly Movement7.7%
Media Industry Average Movement10.3%
Market Average Movement8.0%
10% most volatile stocks in HK Market14.8%
10% least volatile stocks in HK Market3.9%

Stable Share Price: 623 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: 623's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999198Jinlan Liuhttps://www.sinomedia.com.hk

SinoMedia Holding Limited, an investment holding company, provides TV advertisement, creative content production, and digital marketing services for advertisers and advertising agents in Hong Kong, Singapore, and the People's Republic of China. The company provides TV media resources management services that covers programs, such as news, politics, culture, and children’s programs; advertising video shooting, producing and editing, and graphic designing services, as well as content creative communication services; and integrated communication services, including brand information, advertising placement, promotion planning, public relation services, and other multi-dimensional brand integrated communication services. It also provides digital marketing and internet media services.

SinoMedia Holding Fundamentals Summary

How do SinoMedia Holding's earnings and revenue compare to its market cap?
623 fundamental statistics
Market CapCN¥379.22m
Earnings (TTM)CN¥37.08m
Revenue (TTM)CN¥1.18b

10.2x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
623 income statement (TTM)
RevenueCN¥1.18b
Cost of RevenueCN¥1.03b
Gross ProfitCN¥149.30m
Other ExpensesCN¥112.22m
EarningsCN¥37.08m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.08
Gross Margin12.62%
Net Profit Margin3.13%
Debt/Equity Ratio0%

How did 623 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

40%

Payout Ratio

Does 623 pay a reliable dividends?

See 623 dividend history and benchmarks
When do you need to buy 623 by to receive an upcoming dividend?
SinoMedia Holding dividend dates
Ex Dividend DateJun 13 2022
Dividend Pay DateJul 08 2022
Days until Ex dividend27 days
Days until Dividend pay date52 days

Does 623 pay a reliable dividends?

See 623 dividend history and benchmarks

Valuation

Is SinoMedia Holding undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


10.23x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 623 (HK$0.95) is trading above our estimate of fair value (HK$0.72)

Significantly Below Fair Value: 623 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 623 is good value based on its PE Ratio (10.2x) compared to the Hong Kong Media industry average (17.8x).

PE vs Market: 623 is poor value based on its PE Ratio (10.2x) compared to the Hong Kong market (8.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 623's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 623 is good value based on its PB Ratio (0.2x) compared to the HK Media industry average (0.8x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


29.6%

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 SinoMedia Holding 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 SinoMedia Holding performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


14.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 623 has a large one-off loss of CN¥21.3M impacting its December 31 2021 financial results.

Growing Profit Margin: 623's current net profit margins (3.1%) are lower than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: 623 has become profitable over the past 5 years, growing earnings by 14.1% per year.

Accelerating Growth: 623's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 623 had negative earnings growth (-57.5%) over the past year, making it difficult to compare to the Media industry average (45.9%).


Return on Equity

High ROE: 623's Return on Equity (2.2%) is considered low.


Financial Health

How is SinoMedia Holding'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: 623's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥365.3M).

Long Term Liabilities: 623's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥14.3M).


Debt to Equity History and Analysis

Debt Level: 623 is debt free.

Reducing Debt: 623 has no debt compared to 5 years ago when its debt to equity ratio was 7.2%.

Debt Coverage: 623 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 623 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is SinoMedia Holding current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.93%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 16 2022Ex Dividend DateJun 13 2022Dividend Pay DateJul 08 202225 days from Ex DividendBuy in the next 27 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 623's dividend (3.93%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.93%).

High Dividend: 623's dividend (3.93%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.81%).


Stability and Growth of Payments

Stable Dividend: 623's dividend payments have been volatile in the past 10 years.

Growing Dividend: 623's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40.4%), 623's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (35.5%), 623's dividend payments are well covered by cash flows.


Next Steps

Management

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

11.3yrs

Average management tenure


CEO

Jinlan Liu (52 yo)

23.33yrs

Tenure

CN¥1,766,000

Compensation

Ms. Liu Jinlan has been the Chief Executive Officer of SinoMedia Holding Ltd. since 1999. Ms. Liu founded SinoMedia Holding Ltd.in 1999. She is primarily responsible for the management of the overall busi...


CEO Compensation Analysis

Compensation vs Market: Jinlan's total compensation ($USD260.16K) is about average for companies of similar size in the Hong Kong market ($USD232.87K).

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


Leadership Team

Experienced Management: 623's management team is seasoned and experienced (11.3 years average tenure).


Board Members

Experienced Board: 623's board of directors are seasoned and experienced ( 14 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

SinoMedia Holding Limited's employee growth, exchange listings and data sources


Key Information

  • Name: SinoMedia Holding Limited
  • Ticker: 623
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Advertising
  • Sector: Media
  • Implied Market Cap: HK$438.554m
  • Shares outstanding: 461.64m
  • Website: https://www.sinomedia.com.hk

Number of Employees


Location

  • SinoMedia Holding Limited
  • The Place – SinoMedia Tower
  • 7th Floor
  • Beijing
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/13 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.