Loading...

Meitu

SEHK:1357
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1357
SEHK
HK$11B
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

Meitu, Inc., an investment holding company, engages in the provision of Internet services; and design, develops, and sales of smart hardware in the People’s Republic of China, Hong Kong, and internationally. The last earnings update was 25 days ago. More info.


Add to Portfolio Compare Print
  • Meitu has significant price volatility in the past 3 months.
1357 Share Price and Events
7 Day Returns
3.1%
SEHK:1357
-7.1%
HK Tech
-3.5%
HK Market
1 Year Returns
-69.1%
SEHK:1357
-18.2%
HK Tech
-16.8%
HK Market
1357 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Meitu (1357) 3.1% -20.9% -16.7% -69.1% - -
HK Tech -7.1% -16.1% -6.7% -18.2% -6.1% -42.1%
HK Market -3.5% -9.6% -4.2% -16.8% 24.6% 7.2%
1 Year Return vs Industry and Market
  • 1357 underperformed the Tech industry which returned -18.2% over the past year.
  • 1357 underperformed the Market in Hong Kong which returned -16.8% over the past year.
Price Volatility
1357
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Meitu undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Meitu. This is due to cash flow or dividend data being unavailable. The share price is HK$2.65.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Meitu's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Meitu's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1357 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.25
SEHK:1357 Share Price ** SEHK (2019-05-21) in HKD HK$2.65
SEHK:1357 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥2.33
Hong Kong Tech Industry PE Ratio Median Figure of 12 Publicly-Listed Tech Companies 12.13x
Hong Kong Market PE Ratio Median Figure of 1,477 Publicly-Listed Companies 11.08x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Meitu.

SEHK:1357 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1357 Share Price ÷ EPS (both in CNY)

= 2.33 ÷ -0.25

-9.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Meitu is loss making, we can't compare its value to the HK Tech industry average.
  • Meitu is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Meitu's expected growth come at a high price?
Raw Data
SEHK:1357 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -9.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
104%per year
Hong Kong Tech Industry PEG Ratio Median Figure of 5 Publicly-Listed Tech Companies 0.75x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Meitu, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Meitu's assets?
Raw Data
SEHK:1357 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.91
SEHK:1357 Share Price * SEHK (2019-05-21) in HKD HK$2.65
SEHK:1357 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥2.33
Hong Kong Tech Industry PB Ratio Median Figure of 21 Publicly-Listed Tech Companies 0.87x
Hong Kong Market PB Ratio Median Figure of 2,156 Publicly-Listed Companies 0.97x
SEHK:1357 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1357 Share Price ÷ Book Value per Share (both in CNY)

= 2.33 ÷ 0.91

2.55x

* Primary Listing of Meitu.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Meitu is overvalued based on assets compared to the HK Tech industry average.
X
Value checks
We assess Meitu's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Meitu has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Meitu expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
104%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Meitu expected to grow at an attractive rate?
  • Meitu's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Meitu's earnings growth is expected to exceed the Hong Kong market average.
  • Meitu's revenues are expected to decrease over the next 1-3 years, this is below the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:1357 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1357 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 104%
SEHK:1357 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -15.2%
Hong Kong Tech Industry Earnings Growth Rate Market Cap Weighted Average 17.1%
Hong Kong Tech Industry Revenue Growth Rate Market Cap Weighted Average 13.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average -5.7%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1357 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1357 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,015 320 258 1
2020-12-31 1,582 31 52 2
2019-12-31 1,202 544 -276 2
SEHK:1357 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 2,791 -1,997 -1,055
2018-06-30 4,400 -734 -196
2018-03-31 4,464 -350 -197
2017-12-31 4,490 35 -78
2017-09-30 3,850 -218 -2,200
2017-06-30 3,173 -470 -4,203
2017-03-31 2,376 -580 -5,232
2016-12-31 1,579 -689 -6,261
2016-09-30 1,363 -684 -4,699
2016-06-30 1,147 -678 -3,138
2016-03-31 944 -677 -2,678

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Meitu's earnings are expected to grow significantly at over 20% yearly.
  • Meitu's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1357 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Meitu Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1357 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.06 0.06 0.06 1.00
2020-12-31 0.01 0.01 0.01 2.00
2019-12-31 -0.08 -0.07 -0.10 2.00
SEHK:1357 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.25
2018-06-30 -0.05
2018-03-31 -0.05
2017-12-31 -0.02
2017-09-30 -0.59
2017-06-30 -1.31
2017-03-31 -1.99
2016-12-31 -3.03
2016-09-30 -2.33
2016-06-30 -1.60
2016-03-31 -1.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Meitu is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Meitu's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Meitu has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Meitu performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Meitu's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Meitu does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Meitu's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Meitu's 1-year growth to the HK Tech industry average as it is not currently profitable.
Earnings and Revenue History
Meitu's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Meitu Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1357 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,791.46 -1,054.78 1,106.52 699.23
2018-06-30 4,399.70 -195.91 1,081.57 598.61
2018-03-31 4,463.59 -196.62 958.08 522.84
2017-12-31 4,490.38 -78.10 769.65 415.80
2017-09-30 3,850.19 -2,200.12 763.21 399.47
2017-06-30 3,172.89 -4,202.92 691.82 351.88
2017-03-31 2,375.74 -5,231.90 657.63 297.57
2016-12-31 1,578.58 -6,260.88 623.43 243.26
2016-09-30 1,362.64 -4,699.27 667.26 203.51
2016-06-30 1,146.69 -3,137.67 711.08 163.76
2016-03-31 944.25 -2,677.61 727.46 141.68
2015-12-31 741.81 -2,217.56 743.83 119.61
2014-12-31 488.05 -1,772.34 159.24 50.15
2013-12-31 85.88 -25.81 30.34 16.48

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Meitu has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Meitu has efficiently used its assets last year compared to the HK Tech industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Meitu improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Meitu's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Meitu has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Meitu's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Meitu's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Meitu is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Meitu's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Meitu's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 414.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Meitu Company Filings, last reported 4 months ago.

SEHK:1357 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3,959.93 10.00 2,693.53
2018-06-30 5,037.02 10.00 3,814.53
2018-03-31 5,037.02 10.00 3,814.53
2017-12-31 5,642.04 0.00 5,171.44
2017-09-30 5,642.04 0.00 5,171.44
2017-06-30 5,801.11 0.00 5,292.97
2017-03-31 5,801.11 0.00 5,292.97
2016-12-31 6,017.24 0.00 5,514.57
2016-09-30 6,017.24 0.00 5,514.57
2016-06-30 -6,553.03 8,645.54 1,677.17
2016-03-31 -6,553.03 8,645.54 1,677.17
2015-12-31 -4,247.81 5,681.89 1,220.26
2014-12-31 -1,824.96 2,735.48 1,724.84
2013-12-31 -35.41 117.07 38.53
  • Meitu's level of debt (0.3%) compared to net worth is satisfactory (less than 40%).
  • Meitu had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • Meitu has sufficient cash runway for 1.2 years based on current free cash flow.
  • Meitu has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 22.5% each year.
X
Financial health checks
We assess Meitu's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Meitu has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Meitu's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Meitu dividends. Estimated to be 0% next year.
If you bought HK$2,000 of Meitu shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Meitu's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Meitu's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1357 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Hong Kong Tech Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.3%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1357 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Meitu has not reported any payouts.
  • Unable to verify if Meitu's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Meitu's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Meitu has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Meitu's dividends in 3 years as they are not expected to pay a notable one for Hong Kong.
X
Income/ dividend checks
We assess Meitu's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Meitu afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Meitu has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Xinhong Wu
COMPENSATION CN¥1,032,000
AGE 37
CEO Bio

Mr. Zeyuan Wu serves as Chief Executive Officer of Meitu, Inc. and has been its Executive Director since July 2013. Mr. Wu is Founder of Meitu, Inc. Mr. Wu is responsible for the overall management of Meitu, Inc. Mr. Wu serves as Director of Meitu Investment, Meitu HK, Meipai Global, Meitu Mobile, Meitu Networks and Meitu Home. Mr. Wu has been involved in the Internet industry in China since 2000. Mr. Wu received his high school diploma from Quanzhou No. 1 High School ( ) in the PRC in July 2001. Since September 2000, Mr. Wu was involved in running domain-name registration businesses. Mr. Wu began developing and researching photo-editing software in 2008. Mr. Wu has created and launched one popular product after another, from 520.com to Martian Translator, a software program for converting ordinary language into netspeak consisting of unconventional Chinese characters. During the past three years. Mr. Wu has been a Director of Quanzhou Haoyi Computer Networks Company since August 14, 2001.

CEO Compensation
  • Xinhong's compensation has increased whilst company is loss making.
  • Xinhong's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team

Wensheng Cai

TITLE
Executive Chairman
COMPENSATION
CN¥609K
AGE
48

Xinhong Wu

TITLE
CEO & Executive Director
COMPENSATION
CN¥1M
AGE
37

Gary Ngan

TITLE
CFO & Joint Company Secretary
AGE
35

Yu Cheng

TITLE
Chief Operating Officer
AGE
40
TENURE
1.5 yrs

Wei Zhang

TITLE
Chief Technology Officer
AGE
32

Zhiping Zeng

TITLE
Senior Vice President of Human Resources
AGE
40

Arthur Law

TITLE
General Counsel
AGE
34
TENURE
1.7 yrs

Yongli Ruan

TITLE
Senior Vice President of Technology
AGE
32

Jie Chen

TITLE
Senior Vice President of Product Development
AGE
31

Frank Kan Fu

TITLE
Managing Director of International Business
AGE
48
Board of Directors Tenure

Average tenure and age of the Meitu board of directors in years:

2.6
Average Tenure
42
Average Age
  • The average tenure for the Meitu board of directors is less than 3 years, this suggests a new board.
Board of Directors

Wensheng Cai

TITLE
Executive Chairman
COMPENSATION
CN¥609K
AGE
48

Xinhong Wu

TITLE
CEO & Executive Director
COMPENSATION
CN¥1M
AGE
37
TENURE
5.8 yrs

Hao Zhou

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥301K
AGE
42
TENURE
2.5 yrs

Chris Lai

TITLE
Independent Non-Executive Director
AGE
42
TENURE
0.3 yrs

Young Guo

TITLE
Non-Executive Director
COMPENSATION
CN¥301K
AGE
54
TENURE
5.3 yrs

Kai-Fu Lee

TITLE
Non-Executive Director
COMPENSATION
CN¥331K
AGE
57
TENURE
2.8 yrs

Wen Chu Zhang

TITLE
Independent Non-Executive Director
AGE
40
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
05. Dec 18 Buy Wensheng Cai Individual 30. Nov 18 30. Nov 18 5,000,000 HK$3.31 HK$16,535,517
02. Oct 18 Buy Jiarong Chen Individual 26. Sep 18 26. Sep 18 2,250,000 HK$6.34 HK$14,258,484
X
Management checks
We assess Meitu's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Meitu has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Meitu, Inc.'s (HKG:1357) Path To Profitability

Meitu, Inc., an investment holding company, engages in the provision of Internet services; and design, develops, and sales of smart hardware in the People’s Republic of China, Hong Kong, and internationally. … As path to profitability is the topic on 1357’s investors mind, I’ve decided to gauge market sentiment. … In this article, I will touch on the expectations for 1357’s growth and when analysts expect the company to become profitable

Simply Wall St -

Is Meitu, Inc.'s (HKG:1357) Liquidity Good Enough?

Surprisingly though, when accounted for risk, mid-caps have delivered better returns compared to the two other categories of stocks. … This article will examine 1357’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … Remember this is a very top-level look that focuses exclusively on financial health, so I recommend a deeper analysis.

Simply Wall St -

What Type Of Shareholder Owns Meitu, Inc.'s (HKG:1357)?

The big shareholder groups in Meitu, Inc. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Estimating The Intrinsic Value Of Meitu, Inc. (HKG:1357)

by taking the expected future cash flows and discounting them to today's value. … Discounted Cash Flows (DCF) … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model.

Simply Wall St -

Have Insiders Been Buying Meitu, Inc. (HKG:1357) Shares This Year?

So we'll take a look at whether insiders have been buying or selling shares in Meitu, Inc. … Meitu Insider Transactions Over The Last Year. … Over the last year, we can see that the biggest insider purchase was by Executive Chairman Wensheng Cai for HK$41m worth of shares, at about HK$8.14 per share

Simply Wall St -

Could Meitu Inc's (HKG:1357) Investor Composition Influence The Stock Price?

Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … Meitu isn't enormous, but it's not particularly small either. … It has a market capitalization of HK$13b, which means it would generally expect to see some institutions on the share registry.

Simply Wall St -

Intrinsic Calculation For Meitu Inc (HKG:1357) Shows Investors Are Overpaying

Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Meitu Inc (HKG:1357) as an investment opportunity. … by taking the foreast future cash flows of the company and discounting them back to today's value. … If you are reading this and its not November 2018 then I highly recommend you check out the latest calculation for Meitu by following the link below

Simply Wall St -

Who Really Owns Meitu Inc (HKG:1357)?

I am going to take a deep dive into Meitu Inc’s (HKG:1357) most recent ownership structure, not a frequent subject of discussion among individual investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

You Should Buy Meitu Inc (HKG:1357) Because Of These Reasons

I've been keeping an eye on Meitu Inc (HKG:1357) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe 1357 has a lot to offer. … In the following section, I expand a bit more on these key aspects.

Simply Wall St -

Is There An Opportunity With Meitu Inc's (HKG:1357) 34% Undervaluation?

In this article I am going to calculate the intrinsic value of Meitu Inc (SEHK:1357) by estimating the company's future cash flows and discounting them to their present value. … 5-year cash flow forecast 2018 2019 2020 2021 2022 Levered FCF (CN¥, Millions) CN¥657.50 CN¥1,379.00 CN¥3,513.00 CN¥2,596.00 CN¥3,360.00 Source Analyst x2 Analyst x2 Analyst x2 Analyst x1 Analyst x1 Present Value Discounted @ 8.38% CN¥606.68 CN¥1,174.08 CN¥2,759.81 CN¥1,881.79 CN¥2,247.37 Present Value of 5-year Cash Flow (PVCF)= CN¥8,670 After calculating the present value of future cash flows in the intial 5-year period we need to calculate the Terminal Value, which accounts for all the future cash flows beyond the first stage. … Terminal Value (TV) = FCF2022 × (1 + g) ÷ (r – g) = CN¥3,360 × (1 + 1.9%) ÷ (8.4% – 1.9%) = CN¥52,697 Present Value of Terminal Value (PVTV) = TV / (1 + r)5 = CN¥52,697 / ( 1 + 8.4%)5 = CN¥35,247 The total value, or equity value, is then the sum of the present value of the cash flows, which in this case is HK$43,916.

Simply Wall St -

Company Info

Description

Meitu, Inc., an investment holding company, engages in the provision of Internet services; and design, develops, and sales of smart hardware in the People’s Republic of China, Hong Kong, and internationally. It operates in two segments, Internet Services and Smart Hardware. The company offers Internet services, including online advertising, Internet value added services, and e-commerce services; and M, V, and T series of smartphones under the name Meitu. It also develops photo and community applications, including BeautyCam, Meipai, MakeupPlus, MeituBeauty, PartyNow, PosterLabs, Meitu Tietie, Airbrush, and BeautyPlus, as well as SelfieCity. In addition, the company engages in the provision of information technology services. It offers its products and services directly to end customers, as well as through distributors and retailers. Meitu, Inc. has a strategic cooperation agreement with Xiaomi Corporation. Meitu, Inc. was founded in 2008 and is headquartered in Xiamen, China.

Details
Name: Meitu, Inc.
1357
Exchange: SEHK
Founded: 2008
HK$10,775,912,816
4,209,340,944
Website: http://corp.meitu.com
Address: Meitu, Inc.
Building No.6,
1–3/F, Unit 2,
Xiamen,
Fujian Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1357 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 15. Dec 2016
OTCPK MEIU.F Ordinary Shares Pink Sheets LLC US USD 15. Dec 2016
DB M5U Ordinary Shares Deutsche Boerse AG DE EUR 15. Dec 2016
SHSC 1357 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 15. Dec 2016
SZSC 1357 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 15. Dec 2016
Number of employees
Current staff
Staff numbers
1,973
Meitu employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 13:04
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/04/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.