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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$272.55M
Enterprise ValueHK$1.13B
Total Cash (Recent Filing)HK$200.40M
Total Debt (Recent Filing)HK$1.12B
Price to Earnings (P/E)153.8
Beta0.31
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 FlowConsistent positive operating and free cash flow, with FCF up ~34.5% in 2025, provides durable internal liquidity. This supports working capital, modest capex and debt servicing without immediate refinancing, giving the company runway to stabilize operations and invest selectively over the next several quarters.
Return To ProfitabilityA return to modest profitability and higher gross margin suggests structural cost control or improved pricing mix. Sustained margin improvement can convert modest revenue into stable earnings and reinforce cash flow, aiding debt servicing and strategic flexibility if revenue stabilizes.
Premium OOH Asset FocusConcentration in airports and high-traffic OOH inventory gives structural advantages: premium audiences, higher yield opportunities and long-term advertiser relationships. Digital and large-format assets in these locations tend to retain pricing power and resilience versus commodity ad channels.
Bears Say
High Leverage / Negative EquityVery high debt and the shift to negative equity in 2025 materially reduce financial flexibility. Elevated leverage raises refinancing and covenant risk, increases interest burden, and constrains capex or marketing investment, creating persistent execution risk across multiple quarters.
Multi-year Revenue DeclineSustained top-line decline erodes scale and operating leverage, making fixed-cost absorption and margin recovery harder. Continued revenue weakness undermines utilization of premium OOH inventory and limits the ability to translate improved margins into sustained profit growth absent a clear revenue turnaround.
Weak Cash Coverage Vs DebtDespite positive FCF, a coverage ratio around 0.4–0.5 limits the company’s ability to de-lever rapidly. Low cash coverage increases refinancing vulnerability and reduces headroom for shocks or opportunistic investments, constraining strategic options over the medium term.
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$272.55M.
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 29 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.
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