NYSE:WBAI

Stock Analysis Report

Executive Summary

500.com Limited, through its subsidiaries, provides online gaming services primarily in the People’s Republic of China and Europe.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Risks

  • 500.com is not covered by any analysts.

Share Price & News

How has 500.com's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.1%

NYSE:WBAI

-2.1%

US Hospitality

-1.0%

US Market


1 Year Return

-29.7%

NYSE:WBAI

-6.5%

US Hospitality

-0.4%

US Market

WBAI underperformed the Hospitality industry which returned -6.5% over the past year.

WBAI underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

WBAIIndustryMarket
7 Day-3.1%-2.1%-1.0%
30 Day-12.9%-5.4%-3.3%
90 Day-12.3%-3.4%0.8%
1 Year-29.7%-29.7%-4.3%-6.5%1.9%-0.4%
3 Year-48.1%-48.1%40.2%31.3%39.4%30.4%
5 Year-72.6%-72.6%30.9%16.6%54.2%37.1%

Price Volatility Vs. Market

How volatile is 500.com's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 500.com undervalued based on future cash flows and its price relative to the stock market?

3x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for 500.com to establish if it is available at moderate discount.

Unable to calculate intrinsic value for 500.com to establish if it is available at substantial discount.


Price Based on Earnings

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

Unable to calculate PEG ratio for 500.com, we can't assess if its growth is good value.


Price Based on Value of Assets

500.com is overvalued based on assets compared to the US Hospitality industry average.


Next Steps

Future Growth

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

18.7%

Forecasted Hospitality industry annual growth in earnings


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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has 500.com performed over the past 5 years?

-43.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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.


Return on Equity

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.


Return on Assets

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.


Return on Capital Employed

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.


Next Steps

Financial Health

How is 500.com's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

500.com has no debt.

500.com currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

500.com has no debt, it does not need to be covered by short term assets.


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 2.3 years based on current free cash flow.

500.com has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 13.7% each year.


Next Steps

Dividend

What is 500.com's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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.

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

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.


Next Steps

Management

What is the CEO of 500.com's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Zhengming Pan (40yo)

4.3yrs

Tenure

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 i ...


Management Age and Tenure

4.3yrs

Average Tenure

44yo

Average Age

The tenure for the 500.com management team is about average.


Board Age and Tenure

4.3yrs

Average Tenure

50yo

Average Age

The tenure for the 500.com board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$5,169,46603 Jun 19
Tsinghua Holdings Corporation Limited
EntityCompany
Shares346,944
Max PriceUS$14.90
BuyUS$1,736,98901 Mar 19
Tsinghua Holdings Corporation Limited
EntityCompany
Shares544,495
Max PriceUS$14.88
BuyUS$5,026,95812 Sep 18
Tsinghua Holdings Corporation Limited
EntityCompany
Shares387,027
Max PriceUS$13.66

Ownership Breakdown


Management Team

  • Zhengming Pan (40yo)

    President

    • Tenure: 4.3yrs
  • Zhaofu Tian (44yo)

    Chief Technology Officer

    • Tenure: 6.8yrs
  • Yuan Qiang (46yo)

    Chief Financial Officer

    • Tenure: 1.7yrs

Board Members

  • Glen Sun (46yo)

    Independent Director

    • Tenure: 5.8yrs
  • Angel Wong (47yo)

    Independent Director

    • Tenure: 3.8yrs
  • Zhengming Pan (40yo)

    President

    • Tenure: 4.3yrs
  • Honghui Deng (50yo)

    Independent Director

    • Tenure: 8.3yrs
  • Yu Wei (50yo)

    Independent Director

    • Tenure: 5.8yrs
  • Xudong Chen (51yo)

    Chairman of the Board

    • Tenure: 0.2yrs
  • Bo Yu (51yo)

    Director

    • Tenure: 2.6yrs

Company Information

500.com Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 500.com Limited
  • Ticker: WBAI
  • Exchange: NYSE
  • Founded: 2001
  • Industry: casinos and gaming
  • Sector: consumer services
  • Market Cap: US$406.546m
  • Shares outstanding: 42.98m
  • Website: Click here

Number of Employees


Location

  • 500.com Limited
  • Building No. 7
  • 12th Floor, West Side, Block B
  • Shenzhen
  • Guangdong Province
  • 518115
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WBAINYSE (New York Stock Exchange)YesSPON ADR REP AUSUSDNov 2013
50CADB (Deutsche Boerse AG)YesSPON ADR REP ADEEURNov 2013

Biography

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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 00:55
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
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.