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A8 New Media Group Limited is currently in a long term uptrend where the price is trading 1.9% above its 200 day moving average.
From a valuation standpoint, the stock is 150.2% more expensive than other stocks from the Industrials sector with a price to sales ratio of 5.6.
A8 New Media Group Limited's total revenue sank by 14.7% to $42M since the same quarter in the previous year.
Its net income has increased by 213.8% to $45M since the same quarter in the previous year.
Finally, its free cash flow grew by 77.5% to $12M since the same quarter in the previous year.
Based on the above factors, A8 New Media Group Limited gets an overall score of 3/5.
| CurrencyCode | HKD |
|---|---|
| Exchange | HK |
| Industry | Conglomerates |
| Sector | Industrials |
| ISIN | KYG0119G1055 |
| Market Cap | 635M |
|---|---|
| Target Price | 2.4 |
| PE Ratio | 11.55 |
| Beta | 0.15 |
| Dividend Yield | 0.0% |
A8 New Media Group Limited, an investment holding company, engages in the cultural and property investment business primarily in the People's Republic of China. The company operates through Cultural Business and Property Investment segments. It offers music-based entertainment services, game-related services, and film and television production services. The company also produces network dramas, videos, and films; develops computer software and games, as well as provides technical and management consultancy services; sells tea products; offers music performances; and develops social networking apps. In addition, it is involved in property investment activities; and the provision of Internet information, game publishing, and mobile value-added services. Further, it invests in properties for rental and management fee income. The company was formerly known as A8 Digital Music Holdings Limited and changed its name to A8 New Media Group Limited in June 2014. A8 New Media Group Limited was founded in 2000 and is headquartered in Shenzhen, the People's Republic of China.
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