Next Digital (282.HK) Stock Price

Next Digital Price

Delisted·Jan 11, 2023
0.29HKD
Last traded price

Revenue has compounded at 6.5% per year over the past 19 years to 1.16 B HKD. Earnings per share have grown at 10.3% per year over the last 13 years. Next Digital's net margin stands at -35.9%, down from -13.9% several years earlier. Next Digital currently offers a dividend yield of about 6.90%. The payout ratio is around 60% of earnings.

Next Digital stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Next Digital over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Next Digital stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Next Digital's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Next Digital Stock Price History
DateNext Digital Price
Access this data via the Eulerpool API

Next Digital Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2013
3.47 B HKD
282.50 M HKD
-969.80 M HKD
Jan 1, 2014
3.27 B HKD
344.70 M HKD
240.10 M HKD
Jan 1, 2015
2.96 B HKD
233.04 M HKD
164.30 M HKD
Jan 1, 2016
2.33 B HKD
-48.83 M HKD
-324.69 M HKD
Jan 1, 2017
1.78 B HKD
-199.76 M HKD
-392.78 M HKD
Jan 1, 2018
1.50 B HKD
-373.40 M HKD
-475.99 M HKD
Jan 1, 2019
1.30 B HKD
-574.07 M HKD
-338.48 M HKD
Jan 1, 2020
1.16 B HKD
-385.91 M HKD
-415.27 M HKD

Next Digital Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 27, 2026, 2:33 AM
 
REVENUEB HKD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB HKD
EBITM HKD
EBIT MARGIN%
NET INCOMEM HKD
NET INCOME GROWTH%
DIV.HKD
SHARESB
2005200620072008200920102011201220132014201520162017201820192020
2.933.323.253.483.293.133.483.633.473.272.962.331.781.501.301.16
20.3113.30-2.327.33-5.51-5.0111.264.49-4.40-5.93-9.55-21.28-23.38-16.15-12.78-11.20
38.4438.8337.4740.0832.9740.8533.5018.5737.3341.2538.5338.0730.7323.8817.7911.05
1.131.291.221.401.091.281.170.681.301.351.140.890.550.360.230.13
305.00571.00405.00610.00299.00394.0051.00-574.00282.00344.00233.00-48.00-199.00-373.00-574.00-385.00
10.4017.1912.4817.519.0912.601.47-15.808.1210.537.88-2.06-11.16-24.95-44.02-33.25
104.00408.00344.00521.00257.00317.00-19.00-188.00-969.00240.00164.00-324.00-392.00-475.00-338.00-415.00
-216.85292.31-15.6951.45-50.6723.35-105.99889.47415.43-124.77-31.67-297.5620.9921.17-28.8422.78
0.050.08
2.412.412.412.422.412.412.412.412.422.432.432.432.432.432.592.64
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Next Digital generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Next Digital retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Next Digital's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Next Digital has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Next Digital's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Next Digital stock margins

The Next Digital margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Next Digital. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Next Digital.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2013
37.35 %
8.13 %
-27.92 %
Jan 1, 2014
41.26 %
10.54 %
7.34 %
Jan 1, 2015
38.55 %
7.88 %
5.56 %
Jan 1, 2016
38.07 %
-2.10 %
-13.95 %
Jan 1, 2017
30.72 %
-11.20 %
-22.02 %
Jan 1, 2018
23.87 %
-24.97 %
-31.83 %
Jan 1, 2019
17.79 %
-44.01 %
-25.95 %
Jan 1, 2020
11.09 %
-33.32 %
-35.85 %

Next Digital Stock Revenue, EBIT, Earnings per Share

The Next Digital earnings per share therefore indicates how much revenue Next Digital has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2013
1.44 HKD
0.12 HKD
-0.40 HKD
Jan 1, 2014
1.34 HKD
0.14 HKD
0.10 HKD
Jan 1, 2015
1.22 HKD
0.10 HKD
0.07 HKD
Jan 1, 2016
0.96 HKD
-0.02 HKD
-0.13 HKD
Jan 1, 2017
0.73 HKD
-0.08 HKD
-0.16 HKD
Jan 1, 2018
0.61 HKD
-0.15 HKD
-0.20 HKD
Jan 1, 2019
0.50 HKD
-0.22 HKD
-0.13 HKD
Jan 1, 2020
0.44 HKD
-0.15 HKD
-0.16 HKD

Next Digital business model & stock analysis

Next Digital Ltd is a company based in Hong Kong that operates in the digital media sector. The company was founded in 1995 by Jimmy Lai as Next Media and has since become one of the leading media companies in Hong Kong. Originally started as a print media company, Next Digital produced several successful newspapers and magazines, including Apple Daily and Next Magazine. In 2001, the company expanded into the digital media sector. Today, Next Digital is a creative conglomerate operating in the media, entertainment, and digital technology sectors. The company offers a variety of products and services, including media content, digital platforms, mobile applications, games, and entertainment offerings. Next Digital is divided into three main divisions: media, entertainment, and digital technology. The media division includes all traditional print media, including the original newspapers and magazines like Apple Daily and Next Magazine. Additionally, the company operates various digital media platforms such as Next+, a news portal, and Next TV, a 24-hour streaming television channel. The entertainment division of Next Digital primarily focuses on film and television production. One successful production is "Black Coal, Thin Ice," which has won both a Golden Palm and Golden Bear at international film festivals. Another well-known product is the highly successful television show "Scoop" on Next TV. The digital technology division of Next Digital develops and operates various mobile applications and digital platforms. One notable brand is the music streaming service "Omusic," which allows users to access millions of songs and stream them for free or for a fee. Another example is the mobile food app "Ohmyfood," which provides users with a quick and convenient way to order and deliver food. Current products of Next Digital include a wide range of digital media content, including news, online articles, and videos. However, the company's most popular products are its mobile applications and digital platforms. With "Apple Daily," "Omusic," "Ohmyfood," and "Next+," Next Digital has built a range of successful digital brands used by millions of people in Hong Kong and beyond. In conclusion, Next Digital has become one of the leading media companies in Hong Kong, focusing on the sectors of media, entertainment, and digital technology. With its diverse products and services and strong presence in the digital world, the company is well-positioned to continue growing in the coming years.

Next Digital SWOT Analysis

Strengths

1. Established brand reputation in the digital media industry.

2. Diversified portfolio of digital media platforms.

3. Strong presence in key markets, including Hong Kong and Taiwan.

Weaknesses

1. Heavy reliance on advertising revenue, which can be volatile.

2. Limited geographical reach compared to global competitors.

3. Potential vulnerability to changing consumer preferences in digital media.

Opportunities

1. Growing demand for digital content consumption globally.

2. Expansion into emerging markets with high internet penetration.

3. Potential partnerships and collaborations with other digital media companies.

Threats

1. Intense competition from global digital media giants.

2. Increasing regulatory scrutiny on data privacy and online advertising.

3. Economic downturns impacting advertising budgets and consumer spending.

Next Digital Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Next Digital historical P/E ratio, EBIT multiple, and P/S ratio

Next Digital annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Next Digital shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2013
2.42 B Stocks
Jan 1, 2014
2.43 B Stocks
Jan 1, 2015
2.43 B Stocks
Jan 1, 2016
2.43 B Stocks
Jan 1, 2017
2.43 B Stocks
Jan 1, 2018
2.43 B Stocks
Jan 1, 2019
2.59 B Stocks
Jan 1, 2020
2.64 B Stocks

Next Digital stock splits

In Next Digital's history, there have been no stock splits.

Next Digital Dividend History

8 years of dividend payments

YearAnnual DividendYoY ChangePayments
20160.02HKD 0.0%
20150.02HKD 75.3%
20140.08HKD 19.0%
20090.10HKD 33.3%
20080.15HKD 66.7%
20070.09HKD 59.1%
20060.22HKD 340.0%
20050.05HKD

Next Digital dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2013
59.83 %
Jan 1, 2014
90.00 %
Jan 1, 2015
29.59 %
Jan 1, 2016
59.80 %
Jan 1, 2017
59.80 %
Jan 1, 2018
49.73 %
Jan 1, 2019
56.44 %
Jan 1, 2020
55.32 %
Price targets and forecasts for Next Digital are not yet available.

Next Digital shareholder structure

% Name
0.04645%
Chow (Tat Kuen)
Chow (Tat Kuen)
0.04240%
Cheung (Kim Hung)
Cheung (Kim Hung)
0.02035%
Chang (Yue Shing)
Chang (Yue Shing)

Next Digital Executives and Management Board

WC

Ms. Wai Man Chan

(45)

Chief Information and Communication Technology Officer

PC

Ms. Pui Man Chan

(50)

Associate Publisher of Apple Daily · since 2018

YC

Mr. Yu Hsin Chen

(59)

Publisher of Taiwan Apple Daily

CC

Mr. Chi Wai Cheung

(52)

Platform Director of Apple Actionnews · since 2018

MC

Mr. Ming Huei Chiu

(55)

Editor-in-Chief, Digital · since 2019

Frequently asked questions about Next Digital

Next Digital Ltd is a media company headquartered in Hong Kong. The business model of Next Digital Ltd revolves around publishing and digital media. It operates various platforms that deliver news, entertainment, and lifestyle content to a wide audience. Next Digital Ltd is well-known for its flagship publication, Apple Daily, which is a popular newspaper in Hong Kong. The company also engages in advertising, digital media marketing, and e-commerce activities. With a strong focus on digital media, Next Digital Ltd aims to offer innovative and engaging content across its platforms.

All fundamentals and in-depth analysis of Next Digital

Our stock analysis for Next Digital stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Next Digital. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.