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Asiaray Media Group Ltd. (HK:1993)
:1993
1993 Stock Chart & Stats
HK$0.55
HK$0.03(3.09%)
At close: 4:00 PM EST
HK$0.55
HK$0.03(3.09%)
Day’s Range― - ―
52-Week RangeHK$0.48 - HK$1.67
Previous CloseN/A
Volume4.00K
Average Volume (3M)30.27K
Market Cap
HK$282.11M
Enterprise ValueHK$1.17B
Total Cash (Recent Filing)HK$185.09M
Total Debt (Recent Filing)HK$1.07B
Price to Earnings (P/E)―
Beta0.37
Next Earnings
Mar 30, 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-0.13
Price to Book (P/B)4.58
Price to Sales (P/S)0.33
P/FCF Ratio0.63
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
Asset-backed OOH NetworkOwning and operating transit and high-traffic site media is a durable competitive asset: physical placements drive reliable reach, create entry barriers and enable long-term contracts with advertisers. Location exclusivity and scale support sustained demand vs. digital-only competitors.
Contracted Advertising And Service Revenue StreamsRevenue derived from placement fees and campaign services implies contractual and repeat client relationships with agencies and brands. Such recurring, service-linked revenue supports predictable cash inflows over campaign cycles and fosters client stickiness when network reach is valuable.
Moderate Gross Profit MarginA ~28.7% gross margin indicates the core advertising product retains meaningful revenue after direct costs, suggesting underlying pricing power or efficient media production. This margin provides some buffer to cover fixed infrastructure costs if demand normalizes, supporting long-term viability.
Bears Say
Extremely High LeverageA debt-to-equity ratio near 18x leaves minimal equity cushion and creates persistent refinancing and interest-service risk. Over months, high leverage constrains capital allocation, raises default risk in downturns, and impairs ability to invest in network upgrades or pursue strategic opportunities.
No Operating Or Free Cash FlowAbsence of operating and free cash flow undermines self-funding for maintenance, capex and debt service. Reliance on external financing or asset sales is likely, reducing long-term resilience and hampering ability to sustain advertising assets or invest in digital upgrades critical for future competitiveness.
Steep Revenue Decline And Negative ProfitabilityA roughly 36–38% revenue drop and net losses signal structural demand or execution issues that erode scale economics. Sustained top-line contraction reduces utilization of fixed assets, pressures margins and weakens advertiser relationships, making recovery and margin restoration more difficult over coming quarters.
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$1.67 in the past 12 months.
What is Asiaray Media Group Ltd.’s market cap?
Asiaray Media Group Ltd.’s market cap is HK$282.11M.
When is Asiaray Media Group Ltd.’s upcoming earnings report date?
Asiaray Media Group Ltd.’s upcoming earnings report date is Mar 30, 2026 which is in 35 days.
How were Asiaray Media Group Ltd.’s earnings last quarter?
Asiaray Media Group Ltd. released its earnings results on Aug 27, 2025. The company reported -HK$0.008 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.008.
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$0.008 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.538%.
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, an investment holding company, operates as an out-of-home media company in Mainland China, Hong Kong, Macau, and Southeast Asia. It operates through Airports Business, Metro and Billboards Business, and Bus and Other Business segments. The company develops and operates out-of-home advertising media, including advertising in airports, metro lines, and billboards and building solutions. It also offers advertising services in bus exterior and interior, and bus shelter, as well as advertising services from other media spaces. In addition, the company provides design, consultancy, construction, and maintenance services; and advertising production, installation, and dismantling services, as well as invests in properties. The company was founded in 1993 and is headquartered in Quarry Bay, Hong Kong. Asiaray Media Group Limited is a subsidiary of Media Cornerstone Limited.
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