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500.com

NYSE:WBAI
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WBAI
NYSE
$434M
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

500.com Limited, through its subsidiaries, provides online gaming services primarily in the People’s Republic of China and Europe. The last earnings update was 33 days ago. More info.


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  • 500.com has significant price volatility in the past 3 months.
WBAI Share Price and Events
7 Day Returns
8.9%
NYSE:WBAI
1.7%
US Hospitality
0.5%
US Market
1 Year Returns
-39.5%
NYSE:WBAI
-10.8%
US Hospitality
0.8%
US Market
WBAI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
500.com (WBAI) 8.9% -16.2% -35.7% -39.5% -42.3% -72.8%
US Hospitality 1.7% -1.4% 1.9% -10.8% 40.5% 20.1%
US Market 0.5% 0.2% 1.1% 0.8% 37.4% 37.5%
1 Year Return vs Industry and Market
  • WBAI underperformed the Hospitality industry which returned -10.8% over the past year.
  • WBAI underperformed the Market in United States of America which returned 0.8% over the past year.
Price Volatility
WBAI
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for 500.com's competitors could be found in our database.

WBAI Value

 Is 500.com 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 500.com. This is due to cash flow or dividend data being unavailable. The share price is $9.18.
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 500.com's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are 500.com's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:WBAI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CNY CN¥-11.49
NYSE:WBAI Share Price ** NYSE (2019-06-14) in USD $9.18
NYSE:WBAI Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.925 CN¥63.57
United States of America Hospitality Industry PE Ratio Median Figure of 74 Publicly-Listed Hospitality Companies 22.39x
United States of America Market PE Ratio Median Figure of 3,091 Publicly-Listed Companies 17.68x

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

** Primary Listing of 500.com.

NYSE:WBAI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:WBAI Share Price ÷ EPS (both in CNY)

= 63.57 ÷ -11.49

-5.53x

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

  • 500.com is loss making, we can't compare its value to the US Hospitality industry average.
  • 500.com is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does 500.com's expected growth come at a high price?
Raw Data
NYSE:WBAI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Hospitality Industry PEG Ratio Median Figure of 55 Publicly-Listed Hospitality Companies 1.9x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*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 500.com, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on 500.com's assets?
Raw Data
NYSE:WBAI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CNY CN¥24.63
NYSE:WBAI Share Price * NYSE (2019-06-14) in USD $9.18
NYSE:WBAI Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.925 CN¥63.57
United States of America Hospitality Industry PB Ratio Median Figure of 112 Publicly-Listed Hospitality Companies 2.25x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
NYSE:WBAI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:WBAI Share Price ÷ Book Value per Share (both in CNY)

= 63.57 ÷ 24.63

2.58x

* Primary Listing of 500.com.

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

  • 500.com is overvalued based on assets compared to the US Hospitality industry average.
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Value checks
We assess 500.com'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. 500.com 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.

WBAI Future Performance

 How is 500.com expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 500.com 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
16.7%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is 500.com expected to grow at an attractive rate?
  • Unable to compare 500.com's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare 500.com's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare 500.com's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:WBAI Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 16.7%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 7.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
NYSE:WBAI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:WBAI Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-03-31 102 -486
2018-12-31 126 -161 -463
2018-09-30 164 -352
2018-06-30 192 -317
2018-03-31 107 -329
2017-12-31 72 -200 -325
2017-09-30 74 -198
2017-06-30 45 -199
2017-03-31 12 -178
2016-12-31 5 -114 -203
2016-09-30 4 -304
2016-06-30 4 -309

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if 500.com is high growth as no earnings estimate data is available.
  • Unable to determine if 500.com is high growth as no revenue estimate data is available.
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
NYSE:WBAI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from 500.com Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WBAI Past Financials Data
Date (Data in CNY Millions) EPS *
2019-03-31 -11.49
2018-12-31 -11.05
2018-09-30 -8.49
2018-06-30 -7.73
2018-03-31 -8.06
2017-12-31 -7.95
2017-09-30 -4.84
2017-06-30 -4.85
2017-03-31 -4.30
2016-12-31 -4.90
2016-09-30 -7.29
2016-06-30 -7.40

*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.
  • Unable to establish if 500.com will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine 500.com's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. 500.com's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. 500.com's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess 500.com'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
500.com has a total score of 0/6, 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.

WBAI Past Performance

  How has 500.com 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 500.com's growth in the last year to its industry (Hospitality).
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.
  • 500.com does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare 500.com's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare 500.com's 1-year growth to the US Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
500.com'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 500.com Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WBAI Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 101.94 -486.11 357.74 48.13
2018-12-31 126.09 -462.92 356.75 49.01
2018-09-30 163.54 -352.11 367.98 65.89
2018-06-30 192.10 -317.40 352.32 65.48
2018-03-31 106.80 -329.28 292.78 55.89
2017-12-31 71.86 -324.74 272.75 54.69
2017-09-30 74.18 -198.28 288.41 56.91
2017-06-30 45.22 -199.27 274.98 58.35
2017-03-31 12.19 -177.53 278.63 59.51
2016-12-31 5.26 -203.33 294.61 66.94
2016-09-30 4.17 -303.62 273.85 67.23
2016-06-30 4.17 -309.06 268.26 71.18
2016-03-31 2.93 -362.78 271.36 67.06
2015-12-31 99.55 -323.90 322.57 60.00
2015-09-30 245.08 -199.65 360.20 72.58
2015-06-30 432.64 -79.36 409.13 75.44
2015-03-31 588.78 77.48 411.13 66.89
2014-12-31 579.72 157.05 333.29 56.30
2014-09-30 529.61 227.96 282.67 44.15
2014-06-30 411.28 200.86 211.01 32.34
2014-03-31 309.83 137.18 170.10 29.75
2013-12-31 259.53 106.05 157.79 28.69
2013-09-30 204.20 14.38 135.08 27.82
2012-12-31 171.53 4.24 103.58 26.57

*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 500.com has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if 500.com has efficiently used its assets last year compared to the US Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if 500.com improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
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Past performance checks
We assess 500.com'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 Hospitality 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.
500.com 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.

WBAI Health

 How is 500.com'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 500.com's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 500.com is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • 500.com's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of 500.com'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.
  • 500.com has no debt, it does not need to be covered by short term assets.
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 500.com Company Filings, last reported 2 months ago.

NYSE:WBAI Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,070.92 0.00 486.57
2018-12-31 1,134.95 0.00 535.13
2018-09-30 1,367.66 0.00 596.42
2018-06-30 1,397.74 0.00 591.17
2018-03-31 1,373.86 0.00 592.23
2017-12-31 1,531.36 0.00 587.27
2017-09-30 1,655.37 0.00 723.76
2017-06-30 1,705.47 0.00 721.08
2017-03-31 1,758.11 0.00 1,513.40
2016-12-31 1,808.04 0.00 1,577.79
2016-09-30 1,686.72 0.00 1,664.85
2016-06-30 1,714.53 0.00 1,696.54
2016-03-31 1,753.25 0.00 1,581.99
2015-12-31 1,866.34 0.00 1,666.99
2015-09-30 1,816.58 174.00 1,743.77
2015-06-30 1,822.51 0.00 1,739.20
2015-03-31 1,096.48 0.00 879.94
2014-12-31 1,117.62 0.00 971.64
2014-09-30 1,058.43 0.00 916.83
2014-06-30 981.17 0.00 699.83
2014-03-31 854.83 6.27 706.86
2013-12-31 809.42 12.80 665.40
2013-09-30 22.30 146.62 49.30
2012-12-31 -2.62 0.00 31.56
  • 500.com has no debt.
  • 500.com has no debt compared to 5 years ago when it was 0.7%.
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.

  • 500.com has sufficient cash runway for 2.5 years based on current free cash flow.
  • 500.com has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 13.7% each year.
X
Financial health checks
We assess 500.com'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. 500.com 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.

WBAI Dividends

 What is 500.com'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 500.com dividends.
If you bought $2,000 of 500.com shares you are expected to receive $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 500.com's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate 500.com'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
NYSE:WBAI 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 0 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as 500.com has not reported any payouts.
  • Unable to verify if 500.com's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of 500.com's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as 500.com has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess 500.com's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 500.com afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 500.com 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.

WBAI Management

 What is the CEO of 500.com'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
Zhengming Pan
COMPENSATION CN¥0
AGE 39
TENURE AS CEO 4.1 years
CEO Bio

Mr. Zhengming Pan has been Chief Executive Officer of 500.com Limited since May 15, 2015. Mr. Pan served as the Chief Financial Officer of 500.com Limited since April 2011 until August 2014 and served as its President since September 1, 2014 until May 2015 and Principal Accounting Officer. He served as Vice president at Deutsche Bank AG, Hong Kong Branch from 2007 to April 2011 and an attorney at Simpson Thacher & Bartlett LLP from 2003 to 2007. He has been Chairman of MelcoLot Limited since July 10, 2017. He has been a Director of 500.com Limited since May 15, 2015. Mr. Pan received a Master of Law degree and a Juris Doctor degree from Columbia University Law School in 2001 and 2003, respectively, a Master of Law degree from the University of Edinburgh in 1999 and a bachelor’s degree in law from Fudan University.

CEO Compensation
  • Insufficient data for Zhengming to compare compensation growth.
  • Zhengming's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the 500.com management team in years:

4.1
Average Tenure
43
Average Age
  • The tenure for the 500.com management team is about average.
Management Team

Zhengming Pan

TITLE
President
AGE
39
TENURE
4.1 yrs

Yuan Qiang

TITLE
Chief Financial Officer
AGE
45
TENURE
1.5 yrs

Zhaofu Tian

TITLE
Chief Technology Officer
AGE
43
TENURE
6.7 yrs
Board of Directors Tenure

Average tenure and age of the 500.com board of directors in years:

4.8
Average Tenure
49
Average Age
  • The tenure for the 500.com board of directors is about average.
Board of Directors

Xudong Chen

TITLE
Chairman of the Board
AGE
50

Zhengming Pan

TITLE
President
AGE
39
TENURE
4.1 yrs

Angel Wong

TITLE
Independent Director
AGE
46
TENURE
3.6 yrs

Bo Yu

TITLE
Director
AGE
50
TENURE
2.4 yrs

Glen Sun

TITLE
Independent Director
AGE
45
TENURE
5.7 yrs

Honghui Deng

TITLE
Independent Director
AGE
49
TENURE
8.1 yrs

Yu Wei

TITLE
Independent Director
AGE
49
TENURE
5.6 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 ($) Value ($)
03. Jun 19 Buy Tsinghua Holdings Co., Ltd. Company 28. Feb 19 29. May 19 346,944 $14.90 $5,169,466
01. Mar 19 Buy Tsinghua Holdings Co., Ltd. Company 11. Sep 18 27. Feb 19 544,495 $14.88 $1,736,989
12. Sep 18 Buy Tsinghua Holdings Co., Ltd. Company 08. Aug 18 10. Sep 18 387,027 $13.66 $5,026,958
06. Aug 18 Buy Tsinghua Holdings Co., Ltd. Company 15. Dec 17 03. Aug 18 486,688 $17.49 $7,372,181
X
Management checks
We assess 500.com'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. 500.com 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.

WBAI News

Simply Wall St News

The 500.com (NYSE:WBAI) Share Price Is Down 70% So Some Shareholders Are Wishing They Sold

Check out our latest analysis for 500.com 500.com isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … In the last five years 500.com saw its revenue shrink by 42% per year.

Simply Wall St -

Does 500.com Limited (NYSE:WBAI) Have A High Beta?

If you're interested in 500.com Limited (NYSE:WBAI), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … To use beta as an investor, you must first understand that the overall market has a beta of one.

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What Kind Of Investor Owns Most Of 500.com Limited (NYSE:WBAI)?

A look at the shareholders of 500.com Limited (NYSE:WBAI) can tell us which group is most powerful. … I generally like to see some degree of insider ownership, even if only a little. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'.

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Who Are 500com Limited's (NYSE:WBAI) Major Shareholders?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … institutional investors have not yet purchased much of the company

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500com Limited's (NYSE:WBAI) Single Biggest Risk For Investors

A crucial question to bear in mind when you’re an investor of an unprofitable business, is whether the company will have to raise more capital in the near future. … Additional cash raising may dilute the value of your shares, and since 500.com is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … Today I’ve examined 500.com’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital.

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Can 500com Limited (NYSE:WBAI) Improve Your Portfolio Returns?

For 500com Limited’s (NYSE:WBAI) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … Not every stock is exposed to the same level of market risk.

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Does 500com Limited's (NYSE:WBAI) Past Performance Indicate A Weaker Future?

After looking at 500com Limited's (NYSE:WBAI) latest earnings update (31 March 2018), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … I prefer to use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … NYSE:WBAI Income Statement Jun 4th 18 We can further assess 500.com's loss by looking at what the industry has been experiencing over the past few years.

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Can 500com Limited (NYSE:WBAI) Improve Your Portfolio Returns?

WBAI's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … This is an interesting conclusion, since both WBAI’s size and industry indicates the stock should have a higher beta than it currently has. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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When Will 500com Limited (NYSE:WBAI) Come Back To Market?

See our latest analysis for 500.com What is cash burn? … The measure of how fast 500.com goes through its cash reserves over time is called the cash burn rate. … My cash burn analysis suggests that 500.com has a cash runway of 1.6 years, given its current level of cash holdings.

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Should You Be Concerned About 500com Limited's (NYSE:WBAI) Investors?

NYSE:WBAI Insider_trading Mar 12th 18 General Public Ownership The general public holds a substantial 39.34% stake in WBAI, making it a highly popular stock among retail investors. … Private Company Ownership Potential investors in WBAI should also look at another important group of investors: private companies, with a stake of 29.86%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership level and composition in WBAI is not high nor active enough to significantly impact its investment thesis.

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WBAI Company Info

Description

500.com Limited, through its subsidiaries, provides online gaming services primarily in the People’s Republic of China and Europe. It operates online gaming sites, such as Multilotto.com or Multilotto.net in Curacao, Malta, the United Kingdom, Ireland, and Sweden, as well as provides users with various casino services, including online slot machines and online table games. The company also operates a sports information portal and a mobile application, which offers real time soccer match information and data-driven soccer match predictions, as well as allows users to post free or pay-per-view contents, such as observations and analyses on the sports information portal; and provides a pay-service, which offers users the ability to connect with independent sports experts to obtain information on specific sporting matches. In addition, it engages in the provision of lottery-related technologies, systems, and solutions to state-run lottery operators. Further, the company operates a platform to provide customers with online spot commodity trading for gold trade and delay products across PC and mobile devices. The company was formerly known as 500wan.com Limited and changed its name to 500.com Limited in October 2013. 500.com Limited was founded in 2001 and is based in Shenzhen, the People’s Republic of China.

Details
Name: 500.com Limited
WBAI
Exchange: NYSE
Founded: 2001
$433,789,617
47,253,771
Website: http://www.500.com
Address: 500.com Limited
Building No. 7,
12th Floor, West Side, Block B,
Shenzhen,
Guangdong Province, 518115,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE WBAI SPON ADR REP A New York Stock Exchange US USD 22. Nov 2013
DB 50CA SPON ADR REP A Deutsche Boerse AG DE EUR 22. Nov 2013
Number of employees
Current staff
Staff numbers
282
500.com employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 00:32
End of day share price update: 2019/06/14 00:00
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
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.