SEHK:888

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Bison Finance Group

Executive Summary

Bison Finance Group Limited, an investment holding company, engages in design and production of advertisements for transit vehicle exteriors and interiors, online portals, mobile apps, shelters, billboards, and outdoor signages in Hong Kong and Mainland China. More Details

Risk Analysis

Does not have a meaningful market cap (HK$338M)



Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Bison Finance Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 888 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

888

0.5%

HK Media

0.1%

HK Market


1 Year Return

-72.1%

888

39.6%

HK Media

2.0%

HK Market

Return vs Industry: 888 underperformed the Hong Kong Media industry which returned 37.2% over the past year.

Return vs Market: 888 underperformed the Hong Kong Market which returned 0.7% over the past year.


Shareholder returns

888IndustryMarket
7 Day0%0.5%0.1%
30 Day-3.4%10.2%2.4%
90 Day-5.0%9.9%-0.4%
1 Year-72.1%-72.1%40.7%39.6%6.3%2.0%
3 Year-73.4%-73.4%-57.1%-60.9%-5.7%-16.0%
5 Year-56.2%-56.2%-62.0%-68.0%16.4%-3.4%

Price Volatility Vs. Market

How volatile is Bison Finance Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bison Finance Group undervalued compared to its fair value and its price relative to the market?

0.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 888's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 888's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 888 is unprofitable, so we can't compare its PE Ratio to the HK Media industry average.

PE vs Market: 888 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 888's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 888 is good value based on its PB Ratio (0.5x) compared to the HK Media industry average (0.6x).


Next Steps

Future Growth

How is Bison Finance Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.1%

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 Bison Finance Group 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 Bison Finance Group performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 888 is currently unprofitable.

Growing Profit Margin: 888 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 888 is unprofitable, but has reduced losses over the past 5 years at a rate of 12.4% per year.

Accelerating Growth: Unable to compare 888's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 888 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-14.4%).


Return on Equity

High ROE: 888 has a negative Return on Equity (-16.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bison Finance Group's financial position?


Financial Position Analysis

Short Term Liabilities: 888's short term assets (HK$482.4M) exceed its short term liabilities (HK$279.1M).

Long Term Liabilities: 888's short term assets (HK$482.4M) exceed its long term liabilities (HK$18.9M).


Debt to Equity History and Analysis

Debt Level: 888's debt to equity ratio (30.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 888's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 888's debt is not well covered by operating cash flow (3.4%).

Interest Coverage: 888 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Bison Finance Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 888's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 888'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 888's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 888's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 888 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 888's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Lei Sun (50 yo)

1.83yrs

Tenure

HK$11,876,000

Compensation

Mr. Lei Sun serves as Executive Director & Chief Executive Officer of Bison Finance Group Limited since December 24, 2018. Mr. Sun is also an executive director and responsible officer of Target Capital Ma ...


CEO Compensation Analysis

Compensation vs Market: Lei's total compensation ($USD1.53M) is above average for companies of similar size in the Hong Kong market ($USD232.26K).

Compensation vs Earnings: Lei's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Lei Sun
CEO & Executive Director1.83yrsHK$11.88m0.70%
HK$ 2.4m
Dong Zhu
CFO & Executive Director2.83yrsHK$2.05m0.084%
HK$ 285.0k
Peixin Xu
Executive Director2.92yrsHK$2.43m57.43%
HK$ 193.9m
Sui Lo
Chief Operating Officer12.08yrsno datano data
Hong Wing
Vice President of Marketing & Salesno datano datano data
Kar Siu
Chief Sales Officer and General Manager of Marketing & Sales for Greater Chinano datano datano data
Chung Yung
Chief Executive Officer of Mainland Joint Ventureno datano datano data
Hoi Fun Cheung
Company Secretary0.083yrno datano data

2.3yrs

Average Tenure

50yo

Average Age

Experienced Management: 888's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lei Sun
CEO & Executive Director1.83yrsHK$11.88m0.70%
HK$ 2.4m
Dong Zhu
CFO & Executive Director2.83yrsHK$2.05m0.084%
HK$ 285.0k
Peixin Xu
Executive Director2.92yrsHK$2.43m57.43%
HK$ 193.9m
Wei Hua Ma
Chairman of the Board2.42yrsHK$300.00kno data
Yigong Chen
Independent Non-Executive Director2.92yrsHK$150.00kno data
Daqing Qi
Independent Non-Executive Director2.92yrsHK$300.00kno data
Zhonghua Feng
Independent Non-Executive Director2.92yrsHK$150.00kno data

2.9yrs

Average Tenure

50yo

Average Age

Experienced Board: 888's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bison Finance Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bison Finance Group Limited
  • Ticker: 888
  • Exchange: SEHK
  • Founded: 2000
  • Industry: Advertising
  • Sector: Media
  • Market Cap: HK$337.687m
  • Shares outstanding: 1.18b
  • Website: https://www.bison.com.hk

Number of Employees


Location

  • Bison Finance Group Limited
  • 18 King Wah Road
  • 6th Floor
  • North Point
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
888SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2001

Biography

Bison Finance Group Limited, an investment holding company, engages in design and production of advertisements for transit vehicle exteriors and interiors, online portals, mobile apps, shelters, billboards ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 12:39
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.