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SINA

Nasdaq:SINA
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SINA
Nasdaq
$3B
Market Cap
  1. Home
  2. US
  3. Media
Company description

SINA Corporation operates as an online media company in the People’s Republic of China and internationally. The last earnings update was 54 days ago. More info.


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  • SINA has significant price volatility in the past 3 months.
SINA Share Price and Events
7 Day Returns
0.5%
NasdaqGS:SINA
2.5%
US Interactive Media and Services
1.1%
US Market
1 Year Returns
-50.4%
NasdaqGS:SINA
-7.4%
US Interactive Media and Services
4.7%
US Market
SINA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SINA (SINA) 0.5% 4.3% -35% -50.4% -16.6% -14.2%
US Interactive Media and Services 2.5% 7.9% -0.6% -7.4% 55.9% 94.4%
US Market 1.1% 4.3% 2.9% 4.7% 37.7% 43.6%
1 Year Return vs Industry and Market
  • SINA underperformed the Interactive Media and Services industry which returned -7.4% over the past year.
  • SINA underperformed the Market in United States of America which returned 4.7% over the past year.
Price Volatility
SINA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is SINA 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
Here we compare the current share price of SINA to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SINA.

NasdaqGS:SINA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:SINA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.99 (1 + (1- 25%) (37.87%))
1.182
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.182 * 5.96%)
9.78%

Discounted Cash Flow Calculation for NasdaqGS:SINA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for SINA is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:SINA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.78%)
2020 415.00 Analyst x2 378.05
2021 523.00 Analyst x2 434.00
2022 449.72 Analyst x1 339.96
2023 405.94 Est @ -9.74% 279.54
2024 381.60 Est @ -6% 239.38
2025 368.71 Est @ -3.38% 210.70
2026 363.01 Est @ -1.55% 188.97
2027 362.06 Est @ -0.26% 171.69
2028 364.35 Est @ 0.63% 157.39
2029 368.96 Est @ 1.26% 145.19
Present value of next 10 years cash flows $2,544.86
NasdaqGS:SINA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $368.96 × (1 + 2.73%) ÷ (9.78% – 2.73%)
$5,380.00
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5,380.00 ÷ (1 + 9.78%)10
$2,117.10
NasdaqGS:SINA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,544.86 + $2,117.10
$4,661.96
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $4,661.96 / 69.55
$67.03
NasdaqGS:SINA Discount to Share Price
Calculation Result
Value per share (USD) From above. $67.03
Current discount Discount to share price of $42.08
= -1 x ($42.08 - $67.03) / $67.03
37.2%

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

Current Discount
Amount off the current price SINA is available for.
Intrinsic value
37%
Share price is $42.08 vs Future cash flow value of $67.03
Current Discount Checks
For SINA to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SINA's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • SINA's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 SINA's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SINA's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:SINA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.86
NasdaqGS:SINA Share Price ** NasdaqGS (2019-07-16) in USD $42.08
United States of America Interactive Media and Services Industry PE Ratio Median Figure of 26 Publicly-Listed Interactive Media and Services Companies 29.29x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.98x

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

** Primary Listing of SINA.

NasdaqGS:SINA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SINA Share Price ÷ EPS (both in USD)

= 42.08 ÷ 1.86

22.6x

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

  • SINA is good value based on earnings compared to the US Interactive Media and Services industry average.
  • SINA is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does SINA's expected growth come at a high price?
Raw Data
NasdaqGS:SINA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
24%per year
United States of America Interactive Media and Services Industry PEG Ratio Median Figure of 25 Publicly-Listed Interactive Media and Services Companies 1.38x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

NasdaqGS:SINA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 22.6x ÷ 24%

0.94x

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

  • SINA is good value based on expected growth next year.
Price based on value of assets
What value do investors place on SINA's assets?
Raw Data
NasdaqGS:SINA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $40.24
NasdaqGS:SINA Share Price * NasdaqGS (2019-07-16) in USD $42.08
United States of America Interactive Media and Services Industry PB Ratio Median Figure of 56 Publicly-Listed Interactive Media and Services Companies 3.4x
United States of America Market PB Ratio Median Figure of 5,240 Publicly-Listed Companies 1.81x
NasdaqGS:SINA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SINA Share Price ÷ Book Value per Share (both in USD)

= 42.08 ÷ 40.24

1.05x

* Primary Listing of SINA.

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

  • SINA is good value based on assets compared to the US Interactive Media and Services industry average.
X
Value checks
We assess SINA'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 Interactive Media and Services 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 Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. SINA has a total score of 4/6, 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 SINA expected to perform in the next 1 to 3 years based on estimates from 12 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
24%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SINA expected to grow at an attractive rate?
  • SINA's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • SINA's earnings growth is expected to exceed the United States of America market average.
  • SINA's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:SINA Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:SINA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 24%
NasdaqGS:SINA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 13.6%
United States of America Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
United States of America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 15.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*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
NasdaqGS:SINA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:SINA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 3,979 1
2022-12-31 3,541 2
2021-12-31 2,871 620 252 7
2020-12-31 2,538 542 182 12
2019-12-31 2,214 322 156 11
NasdaqGS:SINA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 2,143 130
2018-12-31 2,108 311 126
2018-09-30 2,039 155
2018-06-30 1,925 158
2018-03-31 1,747 147
2017-12-31 1,584 596 157
2017-09-30 1,394 131
2017-06-30 1,225 228
2017-03-31 1,110 248
2016-12-31 1,031 444 225
2016-09-30 974 220
2016-06-30 925 83

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SINA's earnings are expected to grow significantly at over 20% yearly.
  • SINA's revenue is expected to grow by 13.6% yearly, however this is not considered high growth (20% yearly).
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
NasdaqGS:SINA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from SINA Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SINA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 3.38 4.90 2.30 3.00
2020-12-31 2.37 4.21 0.92 9.00
2019-12-31 2.08 3.20 1.05 10.00
NasdaqGS:SINA Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.86
2018-12-31 1.79
2018-09-30 2.18
2018-06-30 2.22
2018-03-31 2.06
2017-12-31 2.20
2017-09-30 1.84
2017-06-30 3.22
2017-03-31 3.52
2016-12-31 3.20
2016-09-30 3.19
2016-06-30 1.26

*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.
  • SINA is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SINA'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.
SINA has a total score of 4/6, 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 SINA 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 SINA's growth in the last year to its industry (Interactive Media and Services).
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.
  • SINA's year on year earnings growth rate has been positive over the past 5 years.
  • SINA's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • SINA's 1-year earnings growth is negative, it can't be compared to the US Interactive Media and Services industry average.
Earnings and Revenue History
SINA'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 SINA Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SINA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,142.71 129.95 825.17 354.85
2018-12-31 2,108.33 125.56 820.15 345.94
2018-09-30 2,039.05 154.55 767.75 339.54
2018-06-30 1,925.00 158.40 697.68 318.50
2018-03-31 1,746.57 146.74 595.29 298.11
2017-12-31 1,583.88 156.57 513.78 267.39
2017-09-30 1,393.57 131.13 443.80 242.95
2017-06-30 1,225.30 228.35 392.55 228.12
2017-03-31 1,110.33 248.29 364.81 218.15
2016-12-31 1,030.94 225.09 346.54 216.23
2016-09-30 973.70 219.72 332.68 213.64
2016-06-30 925.12 82.97 314.31 212.39
2016-03-31 894.76 51.31 316.25 210.65
2015-12-31 880.67 25.68 323.30 209.77
2015-09-30 835.62 70.88 319.87 208.54
2015-06-30 807.94 194.71 332.01 203.49
2015-03-31 781.35 199.66 325.72 199.40
2014-12-31 768.24 176.80 311.97 192.32
2014-09-30 754.12 161.50 291.93 179.01
2014-06-30 740.14 53.29 263.69 166.49
2014-03-31 710.61 25.14 248.62 160.05
2013-12-31 665.11 45.13 225.14 146.33
2013-09-30 607.21 3.04 208.27 137.58
2013-06-30 574.96 -12.47 200.95 128.95
2013-03-31 549.08 32.31 183.33 114.00
2012-12-31 529.33 31.74 181.74 108.21
2012-09-30 523.57 38.66 181.57 101.02

*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.
  • SINA has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SINA used its assets less efficiently than the US Interactive Media and Services industry average last year based on Return on Assets.
  • SINA has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess SINA'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 Interactive Media and Services 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.
SINA has a total score of 2/6, 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 SINA'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 SINA's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SINA is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SINA's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SINA'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 3.3x 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 SINA Company Filings, last reported 3 months ago.

NasdaqGS:SINA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 3,942.62 1,071.39 2,070.79
2018-12-31 3,762.87 962.35 2,345.33
2018-09-30 3,670.01 1,087.48 2,528.44
2018-06-30 3,614.76 1,122.42 2,697.19
2018-03-31 3,765.86 1,127.49 3,438.44
2017-12-31 3,599.73 1,122.38 3,372.54
2017-09-30 3,439.16 181.73 2,232.14
2017-06-30 3,224.01 160.47 2,091.61
2017-03-31 3,208.19 160.38 1,811.65
2016-12-31 3,090.98 206.14 1,797.07
2016-09-30 3,009.02 881.38 2,209.18
2016-06-30 2,769.98 812.96 2,132.40
2016-03-31 2,913.97 796.51 2,190.77
2015-12-31 2,876.67 795.11 2,209.85
2015-09-30 2,324.38 855.06 1,935.53
2015-06-30 2,361.60 816.11 1,932.84
2015-03-31 2,298.71 800.00 2,057.19
2014-12-31 2,421.27 800.00 2,166.54
2014-09-30 2,527.59 800.00 2,321.55
2014-06-30 2,296.69 800.00 2,300.98
2014-03-31 1,633.48 800.00 1,805.91
2013-12-31 1,675.62 800.00 1,868.24
2013-09-30 1,695.84 0.00 1,217.93
2013-06-30 1,620.14 0.00 1,237.00
2013-03-31 1,133.56 0.00 681.93
2012-12-31 1,145.87 0.00 713.60
2012-09-30 1,137.21 0.00 696.25
  • SINA's level of debt (27.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (48.8% vs 27.2% today).
  • Debt is well covered by operating cash flow (29%, greater than 20% of total debt).
  • SINA earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess SINA'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. SINA 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 SINA'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 SINA dividends. Estimated to be 0% next year.
If you bought $2,000 of SINA 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 SINA's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate SINA'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
NasdaqGS:SINA 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 12 Analyst Estimates (S&P Global) See Below
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
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.

NasdaqGS:SINA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 3.00
2020-12-31 0.00 5.00
2019-12-31 0.00 5.00

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

  • Unable to perform a dividend volatility check as SINA has not reported any payouts.
  • Unable to verify if SINA's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of SINA's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as SINA has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of SINA's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess SINA'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 SINA afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SINA 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 SINA'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
Charles Chao
COMPENSATION $2,150,340
AGE 53
TENURE AS CEO 13.2 years
CEO Bio

Mr. Chao Guowei, also known as Charles, has been the Chief Executive Officer at SINA Corporation since May 8, 2006 and served as its President from September 2005 to February 2013 and also served as its Secretary. Mr. Chao founded New-Wave Investment Holding Company Limited and serves as its Chief Executive Officer. He served as the Chief Financial Officer of Sina Corp. from February 2001 to May 8, 2006 and served as its Principal Accounting Officer. He served as Co-Chief Operating Officer of Sina Corporation from July 27, 2004 to September 2005 and its Chief Financial Officer from February 2001 to May 2006 and Executive Vice President from April 2002 to June 2003. Mr. Chao joined SINA Corporation as a Vice President of Finance from September 1999 to January 2001. Prior to joining Sina, he served as an experienced audit manager at PricewaterhouseCoopers, LLP. He was a news correspondent at Shanghai Media Group. He has been the Chairman of the Board at Weibo Corporation since August 2009 and serves as its Director. He has been the Chairman of SINA Corporation since August 31, 2012. He has been a Co- Chairman of E-House (China) Holdings Limited since April 2012 and China Real Estate Information Corporation since October 2009. Mr. Chao has been a Non Independent Director of Focus Media Holding Ltd. since May 2008. He has been Director of SINA Corporation since May 2006. He serves as a Director of New-Wave Investment Holding Company Limited. He has been an Independent Non-Executive Director of NetDragon Websoft Inc. since October 15, 2007. He has been a Director of Leju Holdings Limited since April 2014. He served as an Independent Director of E-House (China) Holdings Limited from August 2007 to September 2009. He served as an Independent Director of Focus Media Holding Ltd. since November 11, 2005. He is a certified public accountant and a member of the American Institute of Certified Public Accountants. Mr. Chao holds a Master of Professional Accounting degree from University of Texas at Austin in 1993, an M.A. in Journalism from University of Oklahoma in 1991 and a B.A. in Journalism from Fudan University in Shanghai, China in 1988.

CEO Compensation
  • Insufficient data for Charles to compare compensation growth.
  • Insufficient data for Charles to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the SINA management team in years:

6
Average Tenure
48.5
Average Age
  • The average tenure for the SINA management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Charles Chao

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
53
TENURE
13.2 yrs

Benjamin Tsiang

TITLE
Senior Advisor
COMPENSATION
$400K
AGE
49
TENURE
12.4 yrs

Hong Du

TITLE
President & COO
AGE
47
TENURE
6.4 yrs

Bonnie Yi Zhang

TITLE
Chief Financial Officer
AGE
45
TENURE
4.3 yrs

Sandra Zhang

TITLE
Investor Relations Officer

Bin Zheng

TITLE
Senior Vice President of Human Resources
AGE
53
TENURE
5.7 yrs

Bin Wang

TITLE
Senior Vice President of SINA Mobile
AGE
53
TENURE
12.4 yrs

Arthur Wei

TITLE
Senior Vice President
AGE
48
TENURE
4.4 yrs

Qingxu Deng

TITLE
Senior Vice President of Operation
AGE
43
TENURE
1.3 yrs

Cathy Peng

TITLE
Investor Relations Manager
Board of Directors Tenure

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

15.7
Average Tenure
54.5
Average Age
  • The average tenure for the SINA board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Charles Chao

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
53
TENURE
6.9 yrs

Yichen Zhang

TITLE
Inedependent Director
COMPENSATION
$197K
AGE
56
TENURE
17.2 yrs

Songyi Zhang

TITLE
Inedependent Director
COMPENSATION
$202K
AGE
63
TENURE
15.3 yrs

Yan Wang

TITLE
Independent Director
COMPENSATION
$1M
AGE
47
TENURE
16.2 yrs

Ter-Fung Tsao

TITLE
Independent Director
COMPENSATION
$197K
AGE
73
TENURE
20.3 yrs

James Liang

TITLE
Independent Director
AGE
49
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess SINA'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. SINA 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

What You Must Know About SINA Corporation's (NASDAQ:SINA) Beta Value

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … View our latest analysis for SINA What SINA's beta value tells investors Given that it has a beta of 1.41, we can surmise that the SINA share price has been fairly sensitive to market volatility (over the last 5 years). … What this means for you: Beta only tells us that the SINA share price is sensitive to broader market movements.

Simply Wall St -

Do You Know About SINA Corporation’s (NASDAQ:SINA) ROCE?

Author Edwin Whiting says to be careful when comparing the ROCE of different businesses, since 'No two businesses are exactly alike.' How Do You Calculate Return On Capital Employed? … The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for SINA: 0.10 = US$504m ÷ (US$6.4b - US$1.3b) (Based on the trailing twelve months to March 2019.) So, SINA has an ROCE of 10.0%. … Due to the way the ROCE equation works, having large bills due in the near term can make it look as though a company has less capital employed, and thus a higher ROCE than usual.

Simply Wall St -

Is SINA Corporation (NASDAQ:SINA) Potentially Underrated?

Flawless balance sheet and good value SINA is an attractive stock for growth-seeking investors, with an expected earnings growth of 24% in the upcoming year, made up of high-quality, operational cash from its core business, which is expected to increase by 74% next year. … According to my intrinsic value of the stock, which is driven by analyst consensus forecast of SINA's earnings, investors now have the opportunity to buy into the stock to reap capital gains. … This implies that SINA manages its cash and cost levels well, which is a key determinant of the company’s health.

Simply Wall St -

Investors Who Bought SINA (NASDAQ:SINA) Shares A Year Ago Are Now Down 56%

There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … The share price decline of 56% is actually more than the EPS drop. … We note that SINA's TSR, at -56% is higher than its share price return of -56%.

Simply Wall St -

With A Return On Equity Of 11%, Has SINA Corporation's (NASDAQ:SINA) Management Done Well?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for SINA: 11% = US$126m ÷ US$3.8b (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does SINA Have A Good Return On Equity? … Combining SINA's Debt And Its 11% Return On Equity While SINA does have some debt, with debt to equity of just 0.26, we wouldn't say debt is excessive.

Simply Wall St -

Could SINA Corporation's (NASDAQ:SINA) Investor Composition Influence The Stock Price?

Taking a look at our data on the ownership groups (below), it's seems that institutions are noticeable on the share registry. … See our latest analysis for SINA NasdaqGS:SINA Ownership Summary, May 16th 2019 What Does The Institutional Ownership Tell Us About SINA? … Insider Ownership Of SINA The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Is SINA Corporation's (NASDAQ:SINA) Liquidity Good Enough?

Mid-caps stocks, like SINA Corporation (NASDAQ:SINA) with a market capitalization of US$4.4b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. … While they are less talked about as an investment category, mid-cap risk-adjusted returns have generally been better than more commonly focused stocks that fall into the small- or large-cap categories. … Today we will look at SINA’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth.

Simply Wall St -

Estimating The Fair Value Of SINA Corporation (NASDAQ:SINA)

by taking the expected future cash flows and discounting them to their present value. … We generally believe that a company's value is the present value of all of the cash it will generate in the future. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.

Simply Wall St -

Is Now An Opportune Moment To Examine SINA Corporation (NASDAQ:SINA)?

saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQGS. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … However, could the stock still be trading at a relatively cheap price.

Simply Wall St -

What Does SINA Corporation's (NASDAQ:SINA) P/E Ratio Tell You?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … SINA has a price to earnings ratio of 34.53, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

SINA Corporation operates as an online media company in the People’s Republic of China and internationally. The company operates SINA.com, an online media property that provides region-focused format and content, including feeds from news providers; business news coverage and personal finance columns; multimedia news; sporting events information; entertainment news and events; automobile-related news and service information; technology updates; interactive video products, such as news, sports, and entertainment; and education, digital, fashion, luxury, health, collectibles, travel, and other interest-based channels. It also offers SINA mobile, a mobile portal, which provides news information and entertainment content from SINA.com for mobile users in mobile browser and application format. In addition, it operates Weibo.com that offers discovery products to help users discover content; self-expression products to enable users to express themselves on Weibo platform; social products to promote social interaction between users on Weibo platform; advertising and marketing solutions; and tools and services. Further, the company offers online loan facilitation and payment, VIP membership, live streaming, and game-related services. SINA Corporation was founded in 1999 and is headquartered in Beijing, the People’s Republic of China.

Details
Name: SINA Corporation
SINA
Exchange: NasdaqGS
Founded: 1999
$2,926,783,970
69,552,851
Website: http://www.sina.com
Address: SINA Corporation
SINA Plaza, No. 8,
7th Floor, Courtyard 10 West,
Beijing,
100193,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SINA Ordinary Shares Nasdaq Global Select US USD 13. Apr 2000
DB YIN Ordinary Shares Deutsche Boerse AG DE EUR 13. Apr 2000
LSE 0Z3O Ordinary Shares London Stock Exchange GB USD 13. Apr 2000
BMV SINA N Ordinary Shares Bolsa Mexicana de Valores MX MXN 13. Apr 2000
Number of employees
Current staff
Staff numbers
9,207
SINA employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 23:47
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2019/05/31
Last earnings filing: 2019/05/23
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.