SEHK:2013

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Weimob Inc., an investment holding company, provides cloud-based commerce and marketing solutions in the People’s Republic of China. More Details

Rewards

Earnings are forecast to grow 110.23% per year

Risk Analysis

No risks detected for 2013 from our risk checks.


Snowflake Analysis

High growth potential with mediocre balance sheet.

Share Price & News

How has Weimob's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2013 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: 2013's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

13.0%

2013

3.9%

HK Software

2.2%

HK Market


1 Year Return

338.8%

2013

164.3%

HK Software

7.5%

HK Market

Return vs Industry: 2013 exceeded the Hong Kong Software industry which returned 164.3% over the past year.

Return vs Market: 2013 exceeded the Hong Kong Market which returned 7.5% over the past year.


Shareholder returns

2013IndustryMarket
7 Day13.0%3.9%2.2%
30 Day62.0%22.1%9.4%
90 Day87.3%43.1%15.8%
1 Year338.8%338.8%165.5%164.3%11.8%7.5%
3 Yearn/a222.9%219.3%-3.5%-13.6%
5 Yearn/a362.7%352.0%65.0%37.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

26.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 2013 (HK$20.45) is trading above our estimate of fair value (HK$4.78)

Significantly Below Fair Value: 2013 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2013 is unprofitable, so we can't compare its PE Ratio to the HK Software industry average.

PE vs Market: 2013 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 2013's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2013 is overvalued based on its PB Ratio (26.4x) compared to the HK Software industry average (0.9x).


Next Steps

Future Growth

How is Weimob forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

110.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2013 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: 2013 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 2013's is expected to become profitable in the next 3 years.

Revenue vs Market: 2013's revenue (37.7% per year) is forecast to grow faster than the Hong Kong market (14.1% per year).

High Growth Revenue: 2013's revenue (37.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2013's Return on Equity is forecast to be low in 3 years time (15.4%).


Next Steps

Past Performance

How has Weimob performed over the past 5 years?

-8.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2013 is currently unprofitable.

Growing Profit Margin: 2013 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2013 is unprofitable, and losses have increased over the past 5 years at a rate of 8.7% per year.

Accelerating Growth: Unable to compare 2013's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2013 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-7.4%).


Return on Equity

High ROE: 2013 has a negative Return on Equity (-36.05%), as it is currently unprofitable.


Next Steps

Financial Health

How is Weimob's financial position?


Financial Position Analysis

Short Term Liabilities: 2013's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.6B).

Long Term Liabilities: 2013's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥1.7B).


Debt to Equity History and Analysis

Debt Level: 2013's debt to equity ratio (134.5%) is considered high.

Reducing Debt: Insufficient data to determine if 2013's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: 2013 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 2013 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Weimob current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2013's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2013'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 2013's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2013'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 2013'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?

CN¥618k

CEO Compensation


CEO

Taoyong Sun (32 yo)

no data

Tenure

CN¥618,000

Compensation

Mr. Taoyong Sun is the Founder of Weimob Inc. Mr. Sun currently serves as the Chairman of the Board, executive Director and the Chief Executive Officer of Weimob Inc. Mr. Sun serves as Founder and Chief Ex...


CEO Compensation Analysis

Compensation vs Market: Taoyong's total compensation ($USD95.37K) is below average for companies of similar size in the Hong Kong market ($USD438.23K).

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


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

Weimob Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Weimob Inc.
  • Ticker: 2013
  • Exchange: SEHK
  • Founded: 2013
  • Industry: Application Software
  • Sector: Software
  • Market Cap: HK$46.536b
  • Shares outstanding: 2.28b
  • Website: https://www.weimob.com

Number of Employees


Location

  • Weimob Inc.
  • Weimob Building
  • No. 258, Changjiang Road
  • Shanghai
  • Shanghai Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2013SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2019
WEMX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 2019
36WDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 2019
2013SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 2019

Biography

Weimob Inc., an investment holding company, provides cloud-based commerce and marketing solutions in the People’s Republic of China. The company operates in two segments, SaaS Products and Targeted Marketi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 10:11
End of Day Share Price2021/01/15 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.