SEHK:811

Stock Analysis Report

Xinhua Winshare Publishing and Media

Executive Summary

Xinhua Winshare Publishing and Media Co., Ltd.


Snowflake Analysis

Very undervalued with flawless balance sheet.

Share Price & News

How has Xinhua Winshare Publishing and Media's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 811 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.5%

811

-1.0%

HK Retail Distributors

0.3%

HK Market


1 Year Return

-3.8%

811

-7.9%

HK Retail Distributors

-5.1%

HK Market

Return vs Industry: 811 exceeded the Hong Kong Retail Distributors industry which returned -7.9% over the past year.

Return vs Market: 811 exceeded the Hong Kong Market which returned -5.1% over the past year.


Shareholder returns

811IndustryMarket
7 Day-0.5%-1.0%0.3%
30 Day-4.0%-3.3%-3.9%
90 Day-0.9%0.2%4.4%
1 Year2.5%-3.8%-4.9%-7.9%-1.6%-5.1%
3 Year-6.1%-21.3%-26.3%-31.3%13.4%1.9%
5 Year4.1%-19.6%-20.9%-30.1%15.6%-3.6%

Price Volatility Vs. Market

How volatile is Xinhua Winshare Publishing and Media's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Xinhua Winshare Publishing and Media undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 811 (HK$5.58) is trading below our estimate of fair value (HK$42.38)

Significantly Below Fair Value: 811 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 811 is good value based on its PE Ratio (5.7x) compared to the Retail Distributors industry average (11.6x).

PE vs Market: 811 is good value based on its PE Ratio (5.7x) compared to the Hong Kong market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: 811 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: 811 is good value based on its PB Ratio (0.7x) compared to the HK Retail Distributors industry average (0.7x).


Next Steps

Future Growth

How is Xinhua Winshare Publishing and Media forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 811's forecast earnings growth (12% per year) is above the savings rate (1.6%).

Earnings vs Market: 811's earnings (12% per year) are forecast to grow faster than the Hong Kong market (11.8% per year).

High Growth Earnings: 811's earnings are forecast to grow, but not significantly.

Revenue vs Market: 811's revenue (8.1% per year) is forecast to grow slower than the Hong Kong market (10.5% per year).

High Growth Revenue: 811's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 811's Return on Equity is forecast to be low in 3 years time (12.8%).


Next Steps

Past Performance

How has Xinhua Winshare Publishing and Media performed over the past 5 years?

11.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 811 has high quality earnings.

Growing Profit Margin: 811's current net profit margins (12.6%) are higher than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: 811's earnings have grown by 11.7% per year over the past 5 years.

Accelerating Growth: 811's earnings growth over the past year (27.3%) exceeds its 5-year average (11.7% per year).

Earnings vs Industry: 811 earnings growth over the past year (27.3%) exceeded the Retail Distributors industry -13.3%.


Return on Equity

High ROE: 811's Return on Equity (12.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Xinhua Winshare Publishing and Media's financial position?


Financial Position Analysis

Short Term Liabilities: 811's short term assets (CN¥8.9B) exceed its short term liabilities (CN¥5.8B).

Long Term Liabilities: 811's short term assets (CN¥8.9B) exceed its long term liabilities (CN¥373.0M).


Debt to Equity History and Analysis

Debt Level: 811 is debt free.

Reducing Debt: 811 has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.

Debt Coverage: 811 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 811 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 811 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 811's debt is covered by short term assets.


Next Steps

Dividend

What is Xinhua Winshare Publishing and Media's current dividend yield, its reliability and sustainability?

5.97%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 811's dividend (5.97%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 811's dividend (5.97%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.28%).


Stability and Growth of Payments

Stable Dividend: 811's dividend payments have been volatile in the past 10 years.

Growing Dividend: 811's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.1%), 811's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

10.9yrs

Average management tenure


CEO

Qiang Li (46yo)

0.8yrs

Tenure

CN¥1,727,700

Compensation

Mr. Qiang Li has been General Manager at Xinhua Winshare Publishing and Media Co., Ltd. since April 19, 2019. Mr. Li was Deputy General Manager at Xinhua Winshare Publishing and Media Co., Ltd. since March ...


Leadership Team

NamePositionTenureCompensationOwnership
Zhiyong He
Chairman of the Board4.2yrsno datano data
Qiang Li
General Manager0.8yrsCN¥1.73mno data
Miao Yang
Executive Director4.9yrsCN¥1.53mno data
Yunhua Chen
Vice Chairman2.2yrsno datano data
Zaixiang Zhu
Chief Financial Officer14.7yrsCN¥1.07mno data
Dali Chen
Deputy General Manager14.7yrsCN¥1.14mno data
Qingguo An
Deputy General Manager9.2yrsCN¥175.30kno data
Zugang You
Company Secretary14.7yrsCN¥1.07mno data
Hong Lan
Deputy Head of Board Office & Supervisor14.7yrsCN¥250.00kno data
Yan Wang
Deputy Head of the Financial Management Centre & Supervisor4.9yrsno datano data

10.9yrs

Average Tenure

57yo

Average Age

Experienced Management: 811's management team is seasoned and experienced (10.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zhiyong He
Chairman of the Board4.2yrsno datano data
Miao Yang
Executive Director4.9yrsCN¥1.53mno data
Yunhua Chen
Vice Chairman2.2yrsno datano data
Hong Lan
Deputy Head of Board Office & Supervisor14.7yrsCN¥250.00kno data
Yan Wang
Deputy Head of the Financial Management Centre & Supervisor4.9yrsno datano data
Yuk Tong Chan
Independent Non-Executive Director4yrsCN¥292.00kno data
Xiaoming Han
Non-Executive Director2.8yrsCN¥108.00kno data
Liping Xiao
Independent Non-Executive Director4.9yrsno datano data
Jun Luo
Non-Executive Director11.6yrsno datano data
Xiongxing Tang
Chairman of Supervisory Committee2.2yrsno datano data

4.5yrs

Average Tenure

55yo

Average Age

Experienced Board: 811's board of directors are considered experienced (4.5 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

Xinhua Winshare Publishing and Media Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xinhua Winshare Publishing and Media Co., Ltd.
  • Ticker: 811
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: HK$13.164b
  • Shares outstanding: 1.23b
  • Website: https://www.winshare.com.cn

Number of Employees


Location

  • Xinhua Winshare Publishing and Media Co., Ltd.
  • No. 6, Wenxuan Road
  • Rongbei Shangmao Avenue
  • Chengdu
  • Sichuan Province
  • 610081
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
811SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDMay 2007
SXVDB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURMay 2007
SHXW.FOTCPK (Pink Sheets LLC)YesForeign Shares-Foreign ListedUSUSDMay 2007
811SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDMay 2007
601811SHSE (Shanghai Stock Exchange)Domestic SharesCNCNYAug 2016
601811XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)Domestic SharesCNCNYAug 2016

Biography

Xinhua Winshare Publishing and Media Co., Ltd. engages in the publishing and distribution businesses in the People's Republic of China. It operates through Publication and Distribution segments. The Publication segment publishes books, periodicals, audio-visual products, and digital products; provides printing services; and supplies printing materials. The Distribution segment distributes textbooks and supplementary materials to schools and students, and offers education informationized and equipment services for primary and secondary school students. This segment is also involved in the retail, distribution, and online sale of publications. In addition, the company sells books, newspapers, journals, artwork, and electronic publications; produces audio and video tapes; provides e-commerce, publication supply chain, and other Internet-related services, as well as e-books; and offers international cultural commerce services. Further, it provides third-party logistics services; funds, equity and industrial investment, and asset management services; M&A and restructuring; advertising agency and leasing; software maintenance; venue leasing; business, technical, education ancillary services; and business advisory services. Additionally, the company is involved in the wholesale and retail of pre-packaged food and dairy products, import and export business, vocational skills training, catering business, and ticket agency business. The company was formerly known as Sichuan Xinhua Winshare Chainstore Co., Ltd. and changed its name to Xinhua Winshare Publishing and Media Co., Ltd. in 2010. Xinhua Winshare Publishing and Media Co., Ltd. was founded in 2005 and is headquartered in Chengdu, the People's Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 12:50
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
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.