OTCPK:BOYA.F

Stock Analysis Report

Boyaa Interactive International

Executive Summary

Boyaa Interactive International Limited, an investment holding company, develops and operates online card and board games in the People’s Republic of China and internationally.

Rewards

PE ratio (6.4x) is below the US market (18.4x)

Risk Analysis

Earnings have declined by -12.1% per year over past 5 years

Large one-off items impacting financial results

Profit margins (29%) are lower than last year (42.2%)

Does not have a meaningful market cap ($676M)



Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Boyaa Interactive International's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

BOYA.F

0.3%

US Entertainment

0.9%

US Market


1 Year Return

n/a

BOYA.F

20.4%

US Entertainment

20.0%

US Market

Return vs Industry: Insufficient data to determine how BOYA.F performed against the US Entertainment industry.

Return vs Market: Insufficient data to determine how BOYA.F performed against the US Market.


Shareholder returns

BOYA.FIndustryMarket
7 Day0%0.3%0.9%
30 Day18.2%1.6%1.4%
90 Day30.0%7.3%8.8%
1 Yearn/a21.2%20.4%22.5%20.0%
3 Yearn/a55.0%50.0%49.9%40.3%
5 Yearn/a92.1%80.4%73.2%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Boyaa Interactive International undervalued compared to its fair value and its price relative to the market?

6.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BOYA.F ($0.13) is trading above our estimate of fair value ($0.05)

Significantly Below Fair Value: BOYA.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BOYA.F is good value based on its PE Ratio (6.4x) compared to the Entertainment industry average (24.9x).

PE vs Market: BOYA.F is good value based on its PE Ratio (6.4x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BOYA.F is good value based on its PB Ratio (0.3x) compared to the US Entertainment industry average (2.4x).


Next Steps

Future Growth

How is Boyaa Interactive International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.5%

Forecasted Media 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 Boyaa Interactive International 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

  • Examine whether Boyaa Interactive International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Boyaa Interactive International's filings and announcements here.
  • Explore growth companies in the Media industry.

Past Performance

How has Boyaa Interactive International performed over the past 5 years?

-12.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOYA.F has a large one-off loss of CN¥25.9M impacting its September 30 2019 financial results.

Growing Profit Margin: BOYA.F's current net profit margins (29%) are lower than last year (42.2%).


Past Earnings Growth Analysis

Earnings Trend: BOYA.F's earnings have declined by -12.1% per year over the past 5 years.

Accelerating Growth: BOYA.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BOYA.F had negative earnings growth (-57.2%) over the past year, making it difficult to compare to the Entertainment industry average (-8.9%).


Return on Equity

High ROE: BOYA.F's Return on Equity (4.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Boyaa Interactive International's financial position?


Financial Position Analysis

Short Term Liabilities: BOYA.F's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥264.5M).

Long Term Liabilities: BOYA.F's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥23.7M).


Debt to Equity History and Analysis

Debt Level: BOYA.F is debt free.

Reducing Debt: BOYA.F had no debt 5 years ago.

Debt Coverage: BOYA.F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BOYA.F has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: BOYA.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BOYA.F's debt is covered by short term assets.


Next Steps

Dividend

What is Boyaa Interactive International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: BOYA.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BOYA.F'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?

6.3yrs

Average management tenure


CEO

Ying Tao (38yo)

1.4yrs

Tenure

CN¥99,000

Compensation

Ms Ying Tao has been Executive Director and Acting Chief Executive Officer of Boyaa Interactive International Ltd since September 21, 2018. Ms. Tao, aged 37, discharging the duties and responsibilities of  ...


CEO Compensation Analysis

Compensation vs Market: Ying's total compensation ($USD14.18K) is below average for companies of similar size in the US market ($USD521.92K).

Compensation vs Earnings: Insufficient data to compare Ying's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Zhikang Dai
Executive Chairman1.4yrsno data5.57% CN¥4.8m
Ying Tao
Acting CEO & Executive Director1.4yrsCN¥99.00kno data
Siu Kuen Lai
Company Secretary6.3yrsno datano data
Hongbin Suo
Honorary Life Vice President of Group7.7yrsno datano data

6.3yrs

Average Tenure

37.5yo

Average Age

Experienced Management: BOYA.F's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zhikang Dai
Executive Chairman1.4yrsno data5.57% CN¥4.8m
Ying Tao
Acting CEO & Executive Director1.4yrsCN¥99.00kno data
Ngai Lam Cheung
Independent Non-Executive Director6.3yrsCN¥254.00kno data
Hon Choi
Independent Non-Executive Director6.3yrsCN¥212.00kno data
Zihua Sun
Independent Non-Executive Director0.6yrsno datano data

1.4yrs

Average Tenure

39yo

Average Age

Experienced Board: BOYA.F's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Boyaa Interactive International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Boyaa Interactive International Limited
  • Ticker: BOYA.F
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: HK$675.524m
  • Listing Market Cap: HK$86.961m
  • Shares outstanding: 655.85m
  • Website: https://www.boyaa.com.hk

Number of Employees


Location

  • Boyaa Interactive International Limited
  • Block E1, 8th Floor
  • International E Town
  • Shenzhen
  • Guangdong Province
  • 518000
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
434SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2013
1BYDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2013
BOYA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2013

Biography

Boyaa Interactive International Limited, an investment holding company, develops and operates online card and board games in the People’s Republic of China and internationally. Its Web-based and mobile games include board games; and casual shooting, casual virtual-pet-raising, 8-Ball Pool, and Mahjong games. As of December 31, 2018, the company had a portfolio of 79 online games in 17 versions of languages. It also provides advisory services relating to online game applications. Boyaa Interactive International Limited was founded in 2004 and is headquartered in Shenzhen, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 00:56
End of Day Share Price2020/01/30 00:00
Earnings2019/09/30
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.