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Haichang Ocean Park Holdings (HKSE:02255) Median PS Value : HK$0.89 (As of May. 21, 2024)


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What is Haichang Ocean Park Holdings Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Haichang Ocean Park Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.245. Haichang Ocean Park Holdings's 10-Year median PS Ratio is 3.6327. Therefore, the Median PS Value for today is HK$0.89.

As of today (2024-05-21), Haichang Ocean Park Holdings's share price is HK$0.81. Haichang Ocean Park Holdings's Median PS Value is HK$0.89. Therefore, Haichang Ocean Park Holdings's Price to Median PS Value for today is 0.91.

The historical rank and industry rank for Haichang Ocean Park Holdings's Median PS Value or its related term are showing as below:

HKSE:02255' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.9   Med: 1.07   Max: 1.07
Current: 0.91

During the past 12 years, the highest Price to Median PS Value of Haichang Ocean Park Holdings was 1.07. The lowest was 0.90. And the median was 1.07.

HKSE:02255's Price-to-Median-PS-Value is ranked worse than
50.4% of 496 companies
in the Travel & Leisure industry
Industry Median: 0.9 vs HKSE:02255: 0.91

Haichang Ocean Park Holdings Median PS Value Historical Data

The historical data trend for Haichang Ocean Park Holdings's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Haichang Ocean Park Holdings Median PS Value Chart

Haichang Ocean Park Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.89

Haichang Ocean Park Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.89

Competitive Comparison of Haichang Ocean Park Holdings's Median PS Value

For the Leisure subindustry, Haichang Ocean Park Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Haichang Ocean Park Holdings's Price-to-Median-PS-Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haichang Ocean Park Holdings's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Haichang Ocean Park Holdings's Price-to-Median-PS-Value falls into.



Haichang Ocean Park Holdings Median PS Value Calculation

Haichang Ocean Park Holdings's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.245*3.6327
=0.89

10-Year Median PS Ratio is 3.6327.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Haichang Ocean Park Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.245.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Haichang Ocean Park Holdings  (HKSE:02255) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Haichang Ocean Park Holdings's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.81/0.89
=0.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Haichang Ocean Park Holdings Median PS Value Related Terms

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Haichang Ocean Park Holdings (HKSE:02255) Business Description

Traded in Other Exchanges
N/A
Address
Phase 1, No. 4, Lane 255 Dongyu Road, 31st Floor, Building A, Foreshore Beach World Trade Centre, Pudong New District, Shanghai, CHN, 200123
Haichang Ocean Park Holdings Ltd is a leisure company focused on theme parks. The company operates several theme parks in China with ocean, adventure, and water themes. In addition to theme parks, Haichang owns ancillary commercial properties adjacent to its theme parks that offer complementary services. The company's theme parks and surrounding properties provide rides, sightseeing, entertainment, dining, and shopping. Ocean-themed parks, the style in which Haichang themes most of its parks, focus on marine animal breeding and conservation. Its segments include Park Operations, Operation as a service, and Property Development. Nearly all of its revenues come from Mainland China.

Haichang Ocean Park Holdings (HKSE:02255) Headlines

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