This Is Why Asiaray Media Group Limited's (HKG:1993) CEO Compensation Looks Appropriate
May 27
Hong Kong (HSI) Media Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies51
- 7D-5.2%
- 3M9.0%
- 1Y-10.3%
- YTD-3.4%
Over the last 7 days, the Media industry has dropped 3.0%, driven by a pullback from China Literature of 6.3%. On the other hand Many Idea Cloud Holdings is actually up 31%. However, the industry is down 10% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Hong Kong Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$69.2b | HK$73.6b | HK$1.0b | 9.7x | 66.9x | 0.9x |
| Sat, 27 Apr 2024 | HK$69.8b | HK$73.1b | HK$1.0b | 9.5x | 68.3x | 1x |
| Mon, 25 Mar 2024 | HK$71.6b | HK$72.0b | HK$895.9m | 9.3x | 79.9x | 1x |
| Wed, 21 Feb 2024 | HK$66.0b | HK$70.9b | HK$662.2m | 10.2x | 99.7x | 0.9x |
| Fri, 19 Jan 2024 | HK$68.9b | HK$70.3b | HK$124.3m | 9.5x | 554.8x | 1x |
| Sun, 17 Dec 2023 | HK$78.8b | HK$70.6b | HK$89.3m | 12.3x | 882.9x | 1.1x |
| Tue, 14 Nov 2023 | HK$77.6b | HK$69.3b | HK$140.1m | 10.5x | 553.8x | 1.1x |
| Thu, 12 Oct 2023 | HK$74.5b | HK$68.9b | -HK$39,183,618.00 | 9.6x | -1902.4x | 1.1x |
| Sat, 09 Sep 2023 | HK$76.2b | HK$68.7b | -HK$21,177,106.00 | 8.7x | -3598.9x | 1.1x |
| Mon, 07 Aug 2023 | HK$74.0b | HK$57.2b | -HK$1,968,349,520.00 | 11.6x | -37.6x | 1.3x |
| Wed, 05 Jul 2023 | HK$71.3b | HK$56.9b | -HK$2,010,816,447.00 | 12.6x | -35.5x | 1.3x |
| Fri, 02 Jun 2023 | HK$65.8b | HK$57.2b | -HK$2,149,333,766.00 | 10.8x | -30.6x | 1.2x |
| Sun, 30 Apr 2023 | HK$71.8b | HK$57.3b | -HK$1,996,298,351.00 | 12.6x | -36x | 1.3x |
| Tue, 28 Mar 2023 | HK$81.5b | HK$56.1b | -HK$581,916,747.00 | 11.1x | -140.1x | 1.5x |
| Thu, 23 Feb 2023 | HK$76.0b | HK$56.0b | -HK$314,057,091.00 | 13.1x | -242.1x | 1.4x |
| Sat, 21 Jan 2023 | HK$82.3b | HK$56.5b | -HK$254,246,342.00 | 13.7x | -323.7x | 1.5x |
| Mon, 19 Dec 2022 | HK$72.0b | HK$55.4b | -HK$297,207,733.00 | 12.1x | -242.2x | 1.3x |
| Wed, 16 Nov 2022 | HK$62.3b | HK$55.4b | -HK$357,197,370.00 | 16.1x | -174.4x | 1.1x |
| Fri, 14 Oct 2022 | HK$48.8b | HK$54.5b | -HK$484,578,182.00 | 13.5x | -100.8x | 0.9x |
| Sun, 11 Sep 2022 | HK$61.3b | HK$55.6b | -HK$267,257,822.00 | 12.5x | -229.5x | 1.1x |
| Tue, 09 Aug 2022 | HK$65.7b | HK$54.9b | HK$232.2m | 9.8x | 283x | 1.2x |
| Thu, 07 Jul 2022 | HK$76.4b | HK$55.1b | HK$246.7m | 11.1x | 309.8x | 1.4x |
| Sat, 04 Jun 2022 | HK$74.7b | HK$55.4b | HK$432.4m | 18.5x | 172.7x | 1.3x |
| Mon, 02 May 2022 | HK$76.2b | HK$55.7b | HK$388.7m | 15.7x | 196x | 1.4x |
| Wed, 30 Mar 2022 | HK$72.8b | HK$53.6b | -HK$381,020,977.00 | 13.7x | -191.2x | 1.4x |
| Fri, 25 Feb 2022 | HK$85.3b | HK$54.2b | -HK$2,566,900,322.00 | 11.3x | -33.2x | 1.6x |
| Sun, 23 Jan 2022 | HK$100.0b | HK$53.7b | -HK$2,581,208,815.00 | 16x | -38.7x | 1.9x |
| Tue, 21 Dec 2021 | HK$92.5b | HK$53.3b | -HK$2,643,079,844.00 | 12.9x | -35x | 1.7x |
| Thu, 18 Nov 2021 | HK$107.2b | HK$53.1b | -HK$2,579,310,502.00 | 15.2x | -41.5x | 2x |
| Sat, 16 Oct 2021 | HK$101.8b | HK$46.3b | -HK$3,009,235,803.00 | 13.9x | -33.8x | 2.2x |
| Mon, 13 Sep 2021 | HK$114.8b | HK$46.1b | -HK$2,991,931,289.41 | 15.9x | -38.4x | 2.5x |
| Wed, 11 Aug 2021 | HK$120.4b | HK$44.2b | -HK$2,780,442,289.41 | 17.2x | -43.3x | 2.7x |
| Sun, 06 Jun 2021 | HK$130.9b | HK$42.2b | -HK$5,736,597,002.83 | 16.3x | -22.8x | 3.1x |
Price to Earnings Ratio
-22.8x
Current Industry PE
- Investors are optimistic on the Hong Kong Media industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 64.9x which is higher than its 3-year average PE of -311x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
- Total earnings for the Media industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 20% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Telecom industry?
| HK Market | -2.07% | |
| Telecom | -2.13% | |
| Media | -5.18% | |
| Cable and Satellite | 0% | |
| Publishing | -5.12% | |
| Advertising | -5.21% | |
| Broadcasting | -5.65% | |
Industry PE
- Investors are most optimistic about the Advertising industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 29.9%, which is higher than its past year's earnings growth of 4.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Broadcasting industry, expecting annual earnings growth of 70% over the next 5 years.
- In contrast, the Publishing industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6696 Many Idea Cloud Holdings | HK$0.24 | 31.1% +HK$68.4m | -23.8% | PE8.1x | |
| 1097 i-CABLE Communications | HK$0.034 | 13.3% +HK$28.5m | -30.6% | PS0.4x | |
| 1640 Ruicheng (China) Media Group | HK$0.67 | 11.7% +HK$28.0m | 103.0% | PS0.7x | |
| 1993 Asiaray Media Group | HK$1.35 | 3.1% +HK$19.1m | -10.6% | PS0.4x | |
| 2486 Plus Group Holdings | HK$2.74 | 3.8% +HK$12.1m | -48.0% | PE26.7x |
