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Shaanxi Broadcast & TV Network Intermediary (Group)Ltd

XSSC:600831
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
600831
XSSC
CN¥6B
Market Cap
  1. Home
  2. CN
  3. Media
Company description

Shaanxi Broadcast & TV Network Intermediary (Group) Co.,Ltd. The last earnings update was 157 days ago. More info.


Add to Portfolio Compare Print
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd has significant price volatility in the past 3 months.
600831 Share Price and Events
7 Day Returns
-3.2%
XSSC:600831
-1.9%
CN Media
-0.1%
CN Market
1 Year Returns
-30.9%
XSSC:600831
-25.8%
CN Media
-9.2%
CN Market
600831 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shaanxi Broadcast & TV Network Intermediary (Group)Ltd (600831) -3.2% -18.4% -15.1% -30.9% -37.3% -50.8%
CN Media -1.9% -13.6% -11.1% -25.8% -45.6% -64.9%
CN Market -0.1% -9.8% -6.1% -9.2% -16.2% -26.5%
1 Year Return vs Industry and Market
  • 600831 underperformed the Media industry which returned -25.8% over the past year.
  • 600831 underperformed the Market in China which returned -9.2% over the past year.
Price Volatility
600831
Industry
5yr Volatility vs Market

Value

 Is Shaanxi Broadcast & TV Network Intermediary (Group)Ltd 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd.

XSSC:600831 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in CNY CN¥ .010000
Payout Ratio Company Filings (2019-09-30) 5272%
Discount Rate (Cost of Equity) See below 9.7%
Perpetual Growth Rate 10-Year CN Government Bond Rate 3.2%

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 XSSC:600831
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CN Govt Bond Rate 3.2%
Equity Risk Premium S&P Global 6.3%
Media Unlevered Beta Simply Wall St/ S&P Global 0.64
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.637 (1 + (1- 25%) (31.05%))
1.023
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.2% + (1.023 * 6.33%)
9.67%

Discounted Cash Flow Calculation for XSSC:600831 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Shaanxi Broadcast & TV Network Intermediary (Group)Ltd is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

XSSC:600831 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= CN¥0.01 / (9.67% - 3.2%)
CN¥0.14
XSSC:600831 Discount to Share Price
Calculation Result
Value per share (CNY) From above. CN¥0.14
Current discount Discount to share price of CN¥8.15
= -1 x (CN¥8.15 - CN¥0.14) / CN¥0.14
-5803.5%

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

  • The current share price of Shaanxi Broadcast & TV Network Intermediary (Group)Ltd is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XSSC:600831 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CNY CN¥0.11
SHSE:600831 Share Price ** SHSE (2020-04-03) in CNY CN¥8.15
China Media Industry PE Ratio Median Figure of 54 Publicly-Listed Media Companies 34.86x
China Market PE Ratio Median Figure of 3,196 Publicly-Listed Companies 32.32x

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

** Primary Listing of Shaanxi Broadcast & TV Network Intermediary (Group)Ltd.

XSSC:600831 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SHSE:600831 Share Price ÷ EPS (both in CNY)

= 8.15 ÷ 0.11

72.39x

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

  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd is overvalued based on earnings compared to the CN Media industry average.
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd is overvalued based on earnings compared to the China market.
Price based on expected Growth
Does Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's expected growth come at a high price?
Raw Data
XSSC:600831 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 72.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
China Media Industry PEG Ratio Median Figure of 20 Publicly-Listed Media Companies 1.31x
China Market PEG Ratio Median Figure of 1,275 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Shaanxi Broadcast & TV Network Intermediary (Group)Ltd, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's assets?
Raw Data
XSSC:600831 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CNY CN¥5.43
SHSE:600831 Share Price * SHSE (2020-04-03) in CNY CN¥8.15
China Media Industry PB Ratio Median Figure of 62 Publicly-Listed Media Companies 1.66x
China Market PB Ratio Median Figure of 3,691 Publicly-Listed Companies 2.26x
XSSC:600831 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SHSE:600831 Share Price ÷ Book Value per Share (both in CNY)

= 8.15 ÷ 5.43

1.5x

* Primary Listing of Shaanxi Broadcast & TV Network Intermediary (Group)Ltd.

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

  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd is good value based on assets compared to the CN Media industry average.
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Value checks
We assess Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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 Media 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 Media industry average (and greater than 0)? (1 check)
  5. Shaanxi Broadcast & TV Network Intermediary (Group)Ltd has a total score of 1/6, 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
20.1%
Expected Media industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Shaanxi Broadcast & TV Network Intermediary (Group)Ltd expected to grow at an attractive rate?
  • Unable to compare Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's earnings growth to the China market average as no estimate data is available.
  • Unable to compare Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's revenue growth to the China market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
XSSC:600831 Future Growth Rates Data Sources
Data Point Source Value (per year)
China Media Industry Earnings Growth Rate Market Cap Weighted Average 20.1%
China Media Industry Revenue Growth Rate Market Cap Weighted Average 12.6%
China Market Earnings Growth Rate Market Cap Weighted Average 20.9%
China Market Revenue Growth Rate Market Cap Weighted Average 15.8%

*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
XSSC:600831 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
XSSC:600831 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-09-30 2,484 269 74
2019-06-30 2,601 465 74
2019-03-31 2,800 566 103
2018-12-31 2,714 553 105
2018-09-30 3,032 686 171
2018-06-30 3,031 483 171
2018-03-31 2,931 633 186
2017-12-31 2,853 866 176
2017-09-30 2,805 755 134
2017-06-30 2,667 854 140
2017-03-31 2,624 781 120
2016-12-31 2,596 654 133

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Shaanxi Broadcast & TV Network Intermediary (Group)Ltd is high growth as no earnings estimate data is available.
  • Unable to determine if Shaanxi Broadcast & TV Network Intermediary (Group)Ltd is high growth as no revenue estimate data is available.
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
XSSC:600831 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Shaanxi Broadcast & TV Network Intermediary (Group)Ltd Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XSSC:600831 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-09-30 0.11
2019-06-30 0.12
2019-03-31 0.16
2018-12-31 0.17
2018-09-30 0.28
2018-06-30 0.28
2018-03-31 0.31
2017-12-31 0.29
2017-09-30 0.23
2017-06-30 0.23
2017-03-31 0.20
2016-12-31 0.23

*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.
  • Unable to establish if Shaanxi Broadcast & TV Network Intermediary (Group)Ltd will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 600831’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Media companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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 China market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the China 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.
Shaanxi Broadcast & TV Network Intermediary (Group)Ltd has a total score of 0/6, 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's growth in the last year to its industry (Media).
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.
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's 1-year earnings growth is negative, it can't be compared to the CN Media industry average.
Earnings and Revenue History
Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XSSC:600831 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 2,484.05 73.60 675.68
2019-06-30 2,601.28 73.52 697.19
2019-03-31 2,800.30 102.82 705.35
2018-12-31 2,713.84 105.06 710.82
2018-09-30 3,032.22 171.32 692.63
2018-06-30 3,030.95 170.70 705.37
2018-03-31 2,931.21 185.59 681.34
2017-12-31 2,853.31 176.08 666.55
2017-09-30 2,805.03 133.76 664.40
2017-06-30 2,666.82 139.61 652.38
2017-03-31 2,623.97 119.74 651.60
2016-12-31 2,596.19 133.27 659.90
2016-09-30 2,430.04 155.90 623.33
2016-06-30 2,441.88 154.96 617.18
2016-03-31 2,398.15 138.31 628.52
2015-12-31 2,386.86 133.23 605.00
2015-09-30 2,456.02 127.56 576.76
2015-06-30 2,399.63 129.42 558.40
2015-03-31 2,307.67 118.60 514.34
2014-12-31 2,298.13 116.90 509.69
2014-09-30 2,098.97 101.15 498.72
2014-06-30 2,133.09 130.38 505.83
2014-03-31 2,072.90 138.84 494.45
2013-12-31 2,031.81 137.05 483.11
2013-09-30 1,966.04 147.24 440.78
2013-06-30 1,898.62 146.34 436.02

*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.
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd used its assets less efficiently than the CN Media industry average last year based on Return on Assets.
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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 Media 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.
Shaanxi Broadcast & TV Network Intermediary (Group)Ltd has a total score of 0/6, 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd Company Filings, last reported 6 months ago.

XSSC:600831 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 3,917.20 1,793.97 473.96
2019-06-30 3,912.62 1,754.06 885.84
2019-03-31 3,796.35 1,650.46 388.15
2018-12-31 3,255.80 2,090.93 967.60
2018-09-30 3,271.91 2,098.01 620.66
2018-06-30 3,150.82 1,609.51 438.01
2018-03-31 3,112.67 1,534.29 392.71
2017-12-31 3,068.70 1,434.09 617.67
2017-09-30 2,972.28 1,283.89 416.02
2017-06-30 2,965.87 1,283.69 752.10
2017-03-31 2,884.99 1,343.25 699.01
2016-12-31 2,850.68 1,412.83 918.22
2016-09-30 2,832.02 1,472.43 661.71
2016-06-30 2,086.06 1,462.03 373.07
2016-03-31 2,006.42 1,431.63 282.53
2015-12-31 1,958.02 1,353.74 343.95
2015-09-30 1,925.72 1,313.53 187.80
2015-06-30 1,916.44 1,343.33 287.09
2015-03-31 1,887.36 1,303.14 219.55
2014-12-31 1,842.53 1,252.95 343.61
2014-09-30 1,804.80 1,240.76 255.83
2014-06-30 1,790.29 1,363.57 495.38
2014-03-31 1,759.19 1,142.56 200.44
2013-12-31 1,705.43 1,104.06 238.76
2013-09-30 1,708.12 1,090.06 244.40
2013-06-30 1,665.14 1,079.06 335.16
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's level of debt (45.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (68.7% vs 45.8% today).
  • Debt is not well covered by operating cash flow (15%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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. Shaanxi Broadcast & TV Network Intermediary (Group)Ltd has a total score of 2/6, 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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
0.12%
Current annual income from Shaanxi Broadcast & TV Network Intermediary (Group)Ltd dividends.
If you bought CN¥2,000 of Shaanxi Broadcast & TV Network Intermediary (Group)Ltd shares you are expected to receive CN¥2 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?
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's pays a lower dividend yield than the bottom 25% of dividend payers in China (0.46%).
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's dividend is below the markets top 25% of dividend payers in China (2.04%).
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
XSSC:600831 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 0 Analyst Estimates (S&P Global) See Below
China Media Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2.3%
China Market Average Dividend Yield Market Cap Weighted Average of 2585 Stocks 1.9%
China Minimum Threshold Dividend Yield 10th Percentile 0.2%
China Bottom 25% Dividend Yield 25th Percentile 0.5%
China Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

XSSC:600831 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-06-04 0.010 0.107
2018-05-17 0.040 0.578
2017-06-29 0.038 0.434
2016-10-27 0.000 0.000
2016-08-11 0.000 0.000
2016-04-28 0.000 0.000
2016-04-19 0.000 0.000
2015-06-18 0.030 0.221
2014-03-20 0.010 0.102
2013-04-26 0.040 0.506
2013-03-15 0.040 0.518
2012-04-19 0.030 0.404
2011-10-25 0.000 0.000
2011-08-22 0.000 0.000
2011-04-29 0.000 0.000
2011-04-21 0.000 0.000
2010-03-01 0.039 0.388
2010-01-15 0.039 0.403

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

  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd is not paying a notable dividend for China, therefore no need to check if the payments are stable.
  • Shaanxi Broadcast & TV Network Intermediary (Group)Ltd is not paying a notable dividend for China, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's dividends as it is not paying a notable one for China.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Shaanxi Broadcast & TV Network Intermediary (Group)Ltd's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.2%) - 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Shaanxi Broadcast & TV Network Intermediary (Group)Ltd 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 Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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
Pu Han
COMPENSATION CN¥592,800
AGE 42
TENURE AS CEO 1.4 years
CEO Bio

Mr. Pu Han has been General Manager at Shaanxi Broadcast & TV Network Intermediary (Group) Co.,Ltd. sine November 2018 and served as its Deputy General Manager.

CEO Compensation
  • Pu's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Pu's remuneration is about average for companies of similar size in China.
Management Team Tenure

Average tenure and age of the Shaanxi Broadcast & TV Network Intermediary (Group)Ltd management team in years:

4.3
Average Tenure
48
Average Age
  • The tenure for the Shaanxi Broadcast & TV Network Intermediary (Group)Ltd management team is about average.
Management Team

Pu Han

TITLE
General Manager
COMPENSATION
CN¥593K
AGE
42
TENURE
1.4 yrs

Chen Fu

TITLE
Chief Accountant and Deputy General Manager
COMPENSATION
CN¥592K
AGE
49
TENURE
4.3 yrs

Hui Ren

TITLE
Deputy General Manager
COMPENSATION
CN¥584K
AGE
48
TENURE
4.3 yrs

Chao Hui Xue

TITLE
Deputy General Manager
COMPENSATION
CN¥585K
AGE
45

Dong Fan

TITLE
Deputy General Manager
COMPENSATION
CN¥531K
TENURE
0.7 yrs

Hui Feng

TITLE
Deputy General Manager
COMPENSATION
CN¥586K

Sha Yang

TITLE
Secretary of the Board
COMPENSATION
CN¥249K
AGE
36

Qihuan Xu

TITLE
Deputy General Manager
COMPENSATION
CN¥30K
AGE
53
TENURE
8.3 yrs

Wang Changyuan

TITLE
Deputy General Manager
COMPENSATION
CN¥30K
AGE
60
TENURE
8.3 yrs
Board of Directors

Zhao Xiang Yan

TITLE
Chairman of the board
COMPENSATION
CN¥335K
AGE
59

Du Jinke

TITLE
Director
AGE
60

Liu Jin

TITLE
Director
COMPENSATION
CN¥401K
AGE
46
TENURE
8.1 yrs

Xiaoming Lv

TITLE
Director
AGE
62

Li Jie Nie

TITLE
Independent Director
COMPENSATION
CN¥60K
AGE
57

Yu Ling Yuan

TITLE
Independent Director
COMPENSATION
CN¥60K
AGE
53

Shi Feng Hao

TITLE
Independent Director
COMPENSATION
CN¥60K
AGE
60

Wei Xing Liu

TITLE
Director
AGE
62

Hao Yi Zhao

TITLE
Director
AGE
62

Genfu Feng

TITLE
Independent Director
AGE
62
TENURE
12.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CN¥) Value (CN¥)
X
Management checks
We assess Shaanxi Broadcast & TV Network Intermediary (Group)Ltd'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. Shaanxi Broadcast & TV Network Intermediary (Group)Ltd 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

Company Info

Description

Shaanxi Broadcast & TV Network Intermediary (Group) Co.,Ltd. provides digital TV, cable television, HD interactive TV, data service in the People’s Republic of China. It offers digital and cable television services; and high-definition interactive TV services, including video programs and various interactive applications, as well as broadband services. Shaanxi Broadcast & TV Network Intermediary (Group) Co.,Ltd. is based in Xi'an, the People’s Republic of China.

Details
Name: Shaanxi Broadcast & TV Network Intermediary (Group) Co.,Ltd.
600831
Exchange: XSSC
Founded:
CN¥5,777,093,498
708,845,828
Website: http://www.600831.com
Address: Shaanxi Broadcast & TV Network Intermediary (Group) Co.,Ltd.
Qujiang First Building,
Administrative Business District,
Xi'an,
Shaanxi Province, 710061,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SHSE 600831 Domestic Shares Shanghai Stock Exchange CN CNY 28. Jun 1996
XSSC 600831 Domestic Shares Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect CN CNY 28. Jun 1996
Number of employees
Current staff
Staff numbers
6,979
Shaanxi Broadcast & TV Network Intermediary (Group)Ltd employees.
Industry
Cable and Satellite
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 17:15
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2019/10/30
Last earnings reported: 2019/09/30
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.