ASIAN PAY TELEVISION TRUST Reports Second Quarter FY2023 Earnings Results for Period Ending August 14 2023
August 18, 2023
☀️Earnings Overview
On June 30 2023, ASIAN PAY TELEVISION TRUST ($SGX:S7OU) reported its earnings results for the second quarter of FY2023, ending August 14 2023. During this period, the company’s total revenue was SGD 68.2 million, a slight decrease of 4.9% compared to the previous year. However, net income saw an increase of 7.8% year over year to SGD 12.4 million.
Share Price
The stock opened at SG$0.1 and closed at SG$0.1, down 1.0% from the previous closing price of 0.1. This marks a decrease in the company’s stock value compared to the quarter before, despite the fact that the company’s overall financial performance was strong. ASIAN PAY TELEVISION TRUST is committed to continue building its customer base with innovative services and offerings, as well as expanding its global reach through strategic collaborations. Going forward, the company plans to focus on increasing its market share in order to drive long-term growth and profitability. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for S7OU. More…
| Total Revenues | Net Income | Net Margin |
| 275.94 | 41.19 | 13.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for S7OU. More…
| Operations | Investing | Financing |
| 129.73 | -36.11 | -126.48 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for S7OU. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.65k | 1.5k | 0.64 |
Key Ratios Snapshot
Some of the financial key ratios for S7OU are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.0% | 2.9% | 36.6% |
| FCF Margin | ROE | ROA |
| 33.9% | 5.5% | 2.4% |
Analysis
At GoodWhale, we recently conducted an analysis of the wellbeing of ASIAN PAY TELEVISION TRUST. Based on our Risk Rating, we believe that ASIAN PAY TELEVISION TRUST is a medium risk investment in terms of financial and business aspects. In addition, our analysis detected two risk warnings in the income sheet and balance sheet of ASIAN PAY TELEVISION TRUST. To view our full report and the risk warnings, you need to become a registered user on GoodWhale. Signing up is quick and easy, so don’t hesitate to get started! More…
Peers
The competition between Asian Pay Television Trust and its competitors is fierce. Megacable Holdings SAB de CV, Den Networks Ltd, and Hathway Cable & Datacom Ltd are all vying for market share in the pay television industry. All these companies have their own unique strategies and approaches to gain an edge over their rivals. This competition is not only limited to pricing, but also includes the quality of services and customer satisfaction.
– Megacable Holdings SAB de CV ($OTCPK:MHSDF)
Megacable Holdings SAB de CV is a Mexican-based cable services provider that offers a wide range of telecommunications and entertainment services such as digital television, internet access, telephone, and mobility services. The company has a market cap of 4.44B as of 2023, which makes it one of the largest cable services providers in the country. Additionally, the company has a Return on Equity of 11.28%, which indicates that the company is able to generate profits from the capital employed in its operations. This indicates that the company is an efficient use of its resources and is able to generate a healthy return for its shareholders.
– Den Networks Ltd ($BSE:533137)
Den Networks Ltd is an India-based provider of cable television services. Founded in 2007, the company is listed on the National Stock Exchange of India and trades under the symbol DEN. Den Networks is one of the largest cable television networks in India and provides a range of cable television services to subscribers across the country.
With a market cap of 13.93B as of 2023, Den Networks Ltd performs relatively well compared to its peers in terms of equity. Its return on equity (ROE) stands at 3.39%, much higher than the average ROE of 1.86% for companies in its industry. This indicates that Den Networks is generating a good return on its equity investments, making it a more attractive option for investors. Additionally, with a positive outlook for its cable television services, the company is expected to continue to be a growing contender in the industry.
– Hathway Cable & Datacom Ltd ($BSE:533162)
Hathway Cable & Datacom Ltd is an Indian cable television service provider that is listed on the National Stock Exchange of India. As of 2023, the company has a market capitalization of 24.78 billion. The return on equity (ROE) for the company currently stands at 1.99%. This means that for every rupee of shareholders’ equity, the company is able to generate 1.99 rupees in earnings. Hathway Cable & Datacom Ltd provides a range of services such as digital cable TV, high-speed internet, broadband services, and voice over IP services.
Summary
ASIAN PAY TELEVISION TRUST reported its earnings results for Q2 FY2023, and overall revenue decreased by 4.9%. However, there was good news as net income saw an increase of 7.8% year over year to SGD 12.4 million. This suggests that the company is making positive strides in its financial performance. Investors should keep an eye on ASIAN PAY TELEVISION TRUST as it looks to continue improving its profitability while maintaining a strong and healthy balance sheet.
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