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1993 Stock Chart & Stats
HK$0.51
-HK$0.01(-1.92%)
At close: 4:00 PM EDT
HK$0.51
-HK$0.01(-1.92%)
Day’s Range― - ―
52-Week RangeHK$0.48 - HK$0.85
Previous CloseN/A
Volume31.00K
Average Volume (3M)30.27K
Market Cap
HK$239.08M
Enterprise ValueHK$1.13B
Total Cash (Recent Filing)HK$200.40M
Total Debt (Recent Filing)HK$1.12B
Price to Earnings (P/E)137.0
Beta0.27
Next Earnings
Aug 21, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding484,910,740
10 Day Avg. Volume22,850
30 Day Avg. Volume30,266
Financial Highlights & Ratios
PEG Ratio-1.45
Price to Book (P/B)-1.50
Price to Sales (P/S)0.28
P/FCF Ratio0.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Consistent Free Cash Flow GenerationConsistent positive operating and free cash flow, with 2025 FCF up ~34.5%, supports operational continuity and discretionary uses (debt service, capex, or targeted investment). Durable cash generation improves resilience versus cyclical ad spend and underpins medium-term liquidity even if top line is weak.
Return To Profitability And Margin ImprovementA modest return to profitability in 2025 and a stronger gross margin (~33%) indicate improved cost structure and pricing execution. If sustained, these margin gains can convert a stabilizing revenue base into positive free cash flow and reduce sensitivity of earnings to short-term revenue swings over the next several quarters.
Specialized OOH Asset Base In High-traffic LocationsConcentrated presence in airports and high-traffic OOH venues gives structural advantages: premium audience reach, higher rate cards, and strong visibility to brand advertisers. These asset-backed revenue streams and digital display capabilities support durable demand from marquee advertisers and long-term contract opportunities.
Bears Say
Very High Leverage And Negative EquityNegative equity and very high debt materially weaken financial flexibility and increase refinancing and solvency risk. Over 2–6 months this limits management’s options for strategic investment or margin expansion, raises cost of capital, and means adverse shocks could force restructuring or accelerated deleveraging.
Multi-year Revenue DeclineSustained top-line contraction erodes pricing leverage and utilization of fixed-cost displays, making margins and earnings volatile. Continued revenue shrinkage hampers ability to regain market share or raise rates, undermining the sustainability of recent margin improvements and complicating debt servicing plans.
Low Cash-flow Coverage Versus DebtDespite positive FCF, a coverage ratio near 0.4–0.5 means cash generation only modestly covers debt obligations. This elevates refinancing and interest-rate exposure risk, constrains ability to accelerate deleveraging, and leaves limited buffer for cyclical ad downturns or unexpected capex needs.
Asiaray Media Group Ltd. News
1993 FAQ
What was Asiaray Media Group Ltd.’s price range in the past 12 months?
Asiaray Media Group Ltd. lowest stock price was HK$0.48 and its highest was HK$0.85 in the past 12 months.
What is Asiaray Media Group Ltd.’s market cap?
Asiaray Media Group Ltd.’s market cap is HK$239.08M.
When is Asiaray Media Group Ltd.’s upcoming earnings report date?
Asiaray Media Group Ltd.’s upcoming earnings report date is Aug 21, 2026 which is in 19 days.
How were Asiaray Media Group Ltd.’s earnings last quarter?
Asiaray Media Group Ltd. released its earnings results on Mar 26, 2026. The company reported HK$0.012 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.012.
Is Asiaray Media Group Ltd. overvalued?
According to Wall Street analysts Asiaray Media Group Ltd.’s price is currently Overvalued.
Does Asiaray Media Group Ltd. pay dividends?
Asiaray Media Group Ltd. pays a Semiannually dividend of HK$0.196 which represents an annual dividend yield of N/A. See more information on Asiaray Media Group Ltd. dividends here
What is Asiaray Media Group Ltd.’s EPS estimate?
Asiaray Media Group Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Asiaray Media Group Ltd. have?
Asiaray Media Group Ltd. has 484,910,740 shares outstanding.
What happened to Asiaray Media Group Ltd.’s price movement after its last earnings report?
Asiaray Media Group Ltd. reported an EPS of HK$0.012 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Asiaray Media Group Ltd.?
Currently, no hedge funds are holding shares in HK:1993
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Asiaray Media Group Ltd.
Asiaray Media Group Limited functions as an investment holding company, serving as a leading out-of-home (OOH) media provider throughout Mainland China, Hong Kong, Macau, and Southeast Asia. Its operations are segmented into Airports Business, Metro and Billboards Business, and Bus and Other Business. The company actively develops and manages various OOH advertising platforms, including displays situated in airports, along metro lines, on billboards, and integrated into building solutions. Furthermore, it offers advertising placements on bus exteriors and interiors, within bus shelters, and through other media channels. Beyond its media offerings, Asiaray provides design, consultancy, construction, and maintenance services, along with advertising production, installation, and dismantling. It also holds investments in properties. Founded in 1993, the company is headquartered in Quarry Bay, Hong Kong, and is a subsidiary of Media Cornerstone Limited.
Technical Analysis
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