SEHK:8368

Stock Analysis Report

Creative China Holdings

Executive Summary

Creative China Holdings Limited, an investment holding company, primarily provides program production and event organization services in the People’s Republic of China.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Creative China Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.1%

8368

1.0%

HK Entertainment

2.9%

HK Market


1 Year Return

-20.8%

8368

2.6%

HK Entertainment

0.7%

HK Market

Return vs Industry: 8368 underperformed the Hong Kong Entertainment industry which returned 2.6% over the past year.

Return vs Market: 8368 underperformed the Hong Kong Market which returned 0.7% over the past year.


Shareholder returns

8368IndustryMarket
7 Day2.1%1.0%2.9%
30 Day0%-0.4%-2.5%
90 Day-1.0%-7.5%-5.4%
1 Year-20.8%-20.8%4.1%2.6%4.4%0.7%
3 Year-91.8%-91.8%-40.1%-41.7%17.0%5.2%
5 Yearn/a-28.9%-32.9%20.2%0.2%

Price Volatility Vs. Market

How volatile is Creative China Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

3.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 8368's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 8368's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8368 is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.

PE vs Market: 8368 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 8368's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8368 is overvalued based on its PB Ratio (3.2x) compared to the HK Entertainment industry average (1.1x).


Next Steps

Future Growth

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

48.3%

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 Creative China 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.


Next Steps

Past Performance

How has Creative China Holdings performed over the past 5 years?

-59.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 8368 is unprofitable, and losses have increased over the past 5 years at a rate of -59.1% per year.

Accelerating Growth: Unable to compare 8368's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8368 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-14.7%).


Return on Equity

High ROE: 8368 has a negative Return on Equity (-75.91%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 8368 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 8368 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Creative China Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8368's short term assets (CN¥102.0M) exceeds its short term liabilities (CN¥94.5M)

Long Term Liabilities: 8368's short term assets (102.0M) exceeds its long term liabilities (6.7M)


Debt to Equity History and Analysis

Debt Level: 8368's debt to equity ratio (25.6%) is considered satisfactory

Reducing Debt: 8368's debt to equity ratio has increased from 1.7% to 25.6% over the past 5 years.


Balance Sheet

Inventory Level: 8368 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 8368's debt is covered by short term assets (assets are 9.990000x debt).


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: 8368 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 8368 has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.7% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.2%markettop25%6.3%industryaverage3.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 8368's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8368's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 8368's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8368'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 8368's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of Creative China Holdings's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

Philip Yang (56yo)

0yrs

Tenure

CN¥1,096,000

Compensation

Mr. Jian Yang, also known as Philip, serves as the Chairman, Chief Executive Officer, President and Compliance Officer of Creative China Holdings Limited. Mr. Yang has been Executive Director of Creative C ...


CEO Compensation Analysis

Compensation vs. Market: Philip's total compensation ($USD155.12K) is about average for companies of similar size in the Hong Kong market ($USD211.63K).

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


Management Age and Tenure

1.5yrs

Average Tenure

50yo

Average Age

Experienced Management: 8368's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Age and Tenure

3.9yrs

Average Tenure

51.5yo

Average Age

Experienced Board: 8368's board of directors are considered experienced (3.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Philip Yang (56yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: CN¥1.10m
  • Jianping Yang (64yo)

    Deputy CEO & Executive Director

    • Tenure: 2.5yrs
    • Compensation: CN¥500.00k
  • Shuxing Wan (50yo)

    Chief Engineer

    • Tenure: 0yrs
  • Qinrong Yao (35yo)

    Chief Executive Officer of Capital Land

    • Tenure: 0yrs
  • Jian Zhao (52yo)

    President of Capital Land

    • Tenure: 0yrs
  • Chung Yiu Fu (43yo)

    Chief Financial Officer

    • Tenure: 1.5yrs
  • Chun Yin Chiu (30yo)

    Company Secretary

    • Tenure: 1.5yrs

Board Members

  • Song Kwang Tan (51yo)

    Independent Non-Executive Director

    • Tenure: 3.9yrs
    • Compensation: CN¥152.00k
  • Yong Wang (51yo)

    Non-Executive Director

    • Tenure: 4.5yrs
    • Compensation: CN¥203.00k
  • Philip Yang (56yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: CN¥1.10m
  • Shiyuan Yang (43yo)

    Non-Executive Director

    • Tenure: 4.5yrs
  • Xuyu Ge (52yo)

    Non-Executive Director

    • Tenure: 4.5yrs
    • Compensation: CN¥305.00k
  • Jianping Yang (64yo)

    Deputy CEO & Executive Director

    • Tenure: 2.5yrs
    • Compensation: CN¥500.00k
  • Yan Yuen Yau (31yo)

    Independent Non-Executive Director

    • Tenure: 1.3yrs
    • Compensation: CN¥70.00k
  • Yuehong Fu (57yo)

    Independent Non-Executive Director

    • Tenure: 0.3yrs

Company Information

Creative China Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Creative China Holdings Limited
  • Ticker: 8368
  • Exchange: SEHK
  • Founded: 2002
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: HK$140.928m
  • Shares outstanding: 1.42b
  • Website: https://www.ntmediabj.com

Number of Employees


Location

  • Creative China Holdings Limited
  • Yulin Building
  • Room 1901, 19th Floor
  • Beijing
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8368SEHK (The Stock Exchange of Hong Kong Ltd.)HKD0.01HKHKDNo data
8368SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2015

Biography

Creative China Holdings Limited, an investment holding company, primarily provides program production and event organization services in the People’s Republic of China. The company operates through Program ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 12:56
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.