NasdaqGS:SINA

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

SINA Corporation, together with its subsidiaries, operates as an online media company in the People’s Republic of China and internationally.


Snowflake Analysis

Mediocre balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SINA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.1%

SINA

0.8%

US Interactive Media and Services

-0.04%

US Market


1 Year Return

13.1%

SINA

31.0%

US Interactive Media and Services

17.1%

US Market

Return vs Industry: SINA underperformed the US Interactive Media and Services industry which returned 29% over the past year.

Return vs Market: SINA underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

SINAIndustryMarket
7 Day-1.1%0.8%-0.04%
30 Day0.2%1.4%5.1%
90 Day21.3%16.2%19.5%
1 Year13.1%13.1%31.1%31.0%19.6%17.1%
3 Year-59.7%-59.7%44.2%44.0%42.5%33.3%
5 Year6.9%0.5%116.0%115.5%75.1%56.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

5.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SINA ($39.76) is trading below our estimate of fair value ($42.06)

Significantly Below Fair Value: SINA is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SINA is unprofitable, so we can't compare its PE Ratio to the US Interactive Media and Services industry average.

PE vs Market: SINA is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SINA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SINA is good value based on its PB Ratio (1x) compared to the US Interactive Media and Services industry average (2.3x).


Next Steps

Future Growth

How is SINA forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

26.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SINA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

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

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

Revenue vs Market: SINA's revenue (8.6% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: SINA's revenue (8.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SINA's Return on Equity is forecast to be low in 3 years time (6.4%).


Next Steps

Past Performance

How has SINA performed over the past 5 years?

-12.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SINA is currently unprofitable.

Growing Profit Margin: SINA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SINA is unprofitable, and losses have increased over the past 5 years at a rate of 12.8% per year.

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

Earnings vs Industry: SINA is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (-22.8%).


Return on Equity

High ROE: SINA has a negative Return on Equity (3.66%), as it is currently unprofitable.


Next Steps

Financial Health

How is SINA's financial position?


Financial Position Analysis

Short Term Liabilities: SINA's short term assets ($4.4B) exceed its short term liabilities ($1.7B).

Long Term Liabilities: SINA's short term assets ($4.4B) exceed its long term liabilities ($1.9B).


Debt to Equity History and Analysis

Debt Level: SINA's debt to equity ratio (49.9%) is considered high.

Reducing Debt: SINA's debt to equity ratio has increased from 34.8% to 49.9% over the past 5 years.

Debt Coverage: SINA's debt is well covered by operating cash flow (38.7%).

Interest Coverage: SINA is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SINA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SINA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SINA's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.1yrs

Average management tenure


CEO

Charles Chao (54 yo)

14.25yrs

Tenure

US$2,150,340

Compensation

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 Se ...


Leadership Team

NamePositionTenureCompensationOwnership
Guowei Chao
Chairman & CEO14.25yrsUS$2.15m13.36%
$ 347.3m
Benjamin Tsiang
Senior Advisor13.5yrsUS$400.07kno data
Hong Du
President & COO7.5yrsno datano data
Bonnie Yi Zhang
Chief Financial Officer5.42yrsno datano data
Sandra Zhang
Investor Relations Officerno datano datano data
Bin Zheng
Senior Vice President of Human Resources6.75yrsno datano data
Bin Wang
Senior Vice President of SINA Mobile13.5yrsno datano data
Jianglei Wei
Senior Vice President5.5yrsno datano data
Qingxu Deng
Senior Vice President of Operation2.42yrsno datano data
Cathy Peng
Investor Relations Managerno datano datano data

7.1yrs

Average Tenure

49.5yo

Average Age

Experienced Management: SINA's management team is seasoned and experienced (7.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Guowei Chao
Chairman & CEO14.25yrsUS$2.15m13.36%
$ 347.3m
Yan Wang
Independent Director17.25yrsUS$1.18mno data
Yichen Zhang
Independent Inedependent Director18.25yrsUS$197.43kno data
Jianzhang Liang
Independent Director2.67yrsno datano data
Song-Yi Zhang
Independent Inedependent Director16.33yrsUS$202.43kno data
Ter-Fung Tsao
Independent Director21.42yrsUS$197.43kno data

16.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: SINA's board of directors are seasoned and experienced ( 16.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SINA Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SINA Corporation
  • Ticker: SINA
  • Exchange: NasdaqGS
  • Founded: 1993
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$2.600b
  • Shares outstanding: 65.38m
  • Website: https://www.sina.com

Number of Employees


Location

  • SINA Corporation
  • No. 8 SINA Plaza
  • 7th Floor, Courtyard 10 West
  • Beijing
  • Beijing Province
  • 100193
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SINANasdaqGS (Nasdaq Global Select)YesOrdinary SharesUSUSDApr 2000
YINDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2000
SINA NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNApr 2000
0Z3OLSE (London Stock Exchange)YesOrdinary SharesGBUSDApr 2000

Biography

SINA Corporation, together with its subsidiaries, 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 pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 00:04
End of Day Share Price2020/08/11 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.