1981 Stock Overview
Cathay Media and Education Group Inc., an investment holding company, engages in the television series and film production business in the People’s Republic of China and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.20|
|52 Week High||HK$7.55|
|52 Week Low||HK$1.09|
|1 Month Change||-23.08%|
|3 Month Change||-41.18%|
|1 Year Change||-83.56%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-84.98%|
Recent News & Updates
|1981||HK Entertainment||HK Market|
Return vs Industry: 1981 underperformed the Hong Kong Entertainment industry which returned -51.1% over the past year.
Return vs Market: 1981 underperformed the Hong Kong Market which returned -23.6% over the past year.
|1981 Average Weekly Movement||12.1%|
|Entertainment Industry Average Movement||10.2%|
|Market Average Movement||7.8%|
|10% most volatile stocks in HK Market||14.4%|
|10% least volatile stocks in HK Market||3.8%|
Stable Share Price: 1981 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 1981's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
Cathay Media and Education Group Inc., an investment holding company, engages in the television series and film production business in the People’s Republic of China and internationally. The company operates through Television Series and Film Productions and Investment; and Education and Training segments. It also provides media and arts higher education and training services.
Cathay Media and Education Group Fundamentals Summary
|1981 fundamental statistics|
Is 1981 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1981 income statement (TTM)|
|Cost of Revenue||CN¥301.88m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.067|
|Net Profit Margin||19.24%|
How did 1981 perform over the long term?See historical performance and comparison
7.4%Current Dividend Yield
Does 1981 pay a reliable dividends?See 1981 dividend history and benchmarks
|Cathay Media and Education Group dividend dates|
|Ex Dividend Date||Jun 02 2022|
|Dividend Pay Date||Jun 30 2022|
|Days until Ex dividend||41 days|
|Days until Dividend pay date||69 days|
Does 1981 pay a reliable dividends?See 1981 dividend history and benchmarks
Is Cathay Media and Education Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1981 (HK$1.2) is trading below our estimate of fair value (HK$2.39)
Significantly Below Fair Value: 1981 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1981 is poor value based on its PE Ratio (14.6x) compared to the Hong Kong Entertainment industry average (8.3x).
PE vs Market: 1981 is poor value based on its PE Ratio (14.6x) compared to the Hong Kong market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: 1981 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 1981 is good value based on its PB Ratio (0.6x) compared to the HK Entertainment industry average (1x).
How is Cathay Media and Education Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1981's forecast earnings growth (45.5% per year) is above the savings rate (1.5%).
Earnings vs Market: 1981's earnings (45.5% per year) are forecast to grow faster than the Hong Kong market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1981's revenue (29.1% per year) is forecast to grow faster than the Hong Kong market (10.1% per year).
High Growth Revenue: 1981's revenue (29.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1981's Return on Equity is forecast to be low in 3 years time (12.5%).
How has Cathay Media and Education Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1981 has high quality earnings.
Growing Profit Margin: 1981's current net profit margins (19.2%) are lower than last year (40.1%).
Past Earnings Growth Analysis
Earnings Trend: 1981's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: 1981's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1981 had negative earnings growth (-64.9%) over the past year, making it difficult to compare to the Entertainment industry average (15.2%).
Return on Equity
High ROE: 1981's Return on Equity (4.6%) is considered low.
How is Cathay Media and Education Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1981's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥964.3M).
Long Term Liabilities: 1981's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥24.1M).
Debt to Equity History and Analysis
Debt Level: 1981 is debt free.
Reducing Debt: 1981 had no debt 5 years ago.
Debt Coverage: 1981 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1981 has no debt, therefore coverage of interest payments is not a concern.
What is Cathay Media and Education Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1981's dividend (7.42%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.85%).
High Dividend: 1981's dividend (7.42%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.73%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 1981's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 1981's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (109.3%), 1981's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shulin Pu (65 yo)
Mr. Pu Shulin is Founder has been Director of Cathay Media And Education Group Inc. since January 1, 2017 and serves as Chairman of the Board and Chief Executive Officer. Mr. Pu Serves As A Director and...
Experienced Management: 1981's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: 1981's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cathay Media and Education Group Inc.'s employee growth, exchange listings and data sources
- Name: Cathay Media and Education Group Inc.
- Ticker: 1981
- Exchange: SZSC
- Founded: 2017
- Industry: Movies and Entertainment
- Sector: Media
- Implied Market Cap: HK$1.989b
- Shares outstanding: 1.66b
- Website: https://www.cathaymedia.com
Number of Employees
- Cathay Media and Education Group Inc.
- Wanda Plaza
- 22nd Floor, Block 12
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/04/21 00:00|
|End of Day Share Price||2022/04/20 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.