Sea Limited Should Arrive -- But Not Before Sailing Into Rough Waters

Motley Fool2021-11-18

Sea Limited (NYSE:SE) offered a mixed report when it reported its Q3 earnings on November 16. The Singapore-based gaming and e-commerce giant beat on revenue but missed earnings estimates. This sent ...

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精彩评论

Troytan
2021-11-19
Troytan
Hold tight and will be rewarded
Dazz
2021-11-18
Dazz
Not worried. If it drops further, can continue to DCA.
vincentheng8
2021-11-18
vincentheng8
All in
- vincentheng8:
  all in
Novice2
2021-11-18
Novice2
Why share price is still high when the company still made a loss ??
- 手可摘棉花:
  They are investing for future growth
jingabel
2021-11-18
jingabel
Ok
jingabel
2021-11-18
jingabel
Ok

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The Singapore-based gaming and e-commerce giant beat on revenue but missed earnings estimates.\nThis sent ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/18/sea-limited-will-arrive-sailing-rough-waters/\">网页链接</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited Should Arrive -- But Not Before Sailing Into Rough Waters</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited Should Arrive -- But Not Before Sailing Into Rough Waters\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 19:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/18/sea-limited-will-arrive-sailing-rough-waters/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Limited (NYSE:SE) offered a mixed report when it reported its Q3 earnings on November 16. The Singapore-based gaming and e-commerce giant beat on revenue but missed earnings estimates.\nThis sent ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/18/sea-limited-will-arrive-sailing-rough-waters/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4121","symbol_name":"生命科学工具和服务","start_time":0,"source_url":"https://www.fool.com/investing/2021/11/18/sea-limited-will-arrive-sailing-rough-waters/","article_id":"2184867912","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2184867912","pubTimestamp":1637236509,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Sea continues to log massive gains. Still, investors may have expected more.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4121":"生命科学工具和服务","WAT":"沃特世"},"translate_title":"海洋有限公司应该到达--但不是在航行到波涛汹涌的水域之前","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WAT":0.9},"content_text":"Sea Limited (NYSE:SE) offered a mixed report when it reported its Q3 earnings on November 16. The Singapore-based gaming and e-commerce giant beat on revenue but missed earnings estimates.\nThis sent the stock down in the subsequent trading session. That move counters the massive increases in the stock since its IPO. Despite robust prospects for long-term business success, the stock's struggles could persist for a longer period.\nThe earnings report\nFor the third quarter of 2021, Sea Limited reported revenue of almost $2.7 billion, surging 122% from the year-ago quarter. This beat consensus analyst estimates of approximately $2.5 billion.\nThe company also reported a net loss of $571 million, or $0.84 per share, up 34% over the same period. This missed consensus estimates for a smaller $0.65 loss per share. Sea's losses widened even though the cost of goods sold and operating expenses rose slower than revenue, increasing 109% and 106%, respectively. Further down the income statement, a 118% increase in income tax expenses to $101 million contributed significantly to its greater net loss.\nFurthermore, Sea raised its guidance for fiscal 2021. It now expects GAAP revenue of between $5.0 billion and $5.2 billion, up from the previous $4.7 billion to $4.9 billion. If the midpoint of this new range holds, it will amount to a 135% year-over-year increase from the year-ago period.\nThe bottom-line miss disappointed investors, and the stock fell 4% in the next trading session.\nWhere Sea stands\nFrom its origins as a Singaporean gaming company, Sea Limited has branched out into both e-commerce and fintech. The gaming division, Garena, generated about $1.1 billion of top-line sales during the quarter, a 93% increase from year-ago levels. Though it did not report revenue for its fintech division, Sea claimed about $4.6 billion in managed payment volume during the quarter.\nHowever, the division claiming most of the revenue and growth is the e-commerce subsidiary Shopee. It generated $1.5 billion in revenue during Q3, a 134% increase over the third quarter of 2020. Additionally, it is now expanding outside of Asia, entering the Latin American market and, more recently, debuting in three European countries.\nWith these moves outside its home region and massive overall growth, Sea continues to evolve into a global e-commerce juggernaut comparable to Amazon and MercadoLibre. Also, like the Amazon of old, it has prioritized market expansion and revenue growth above profits.\nStill, even though losses grow at a much slower pace than the company's revenue growth, the fact that it missed Wall Street's profit estimates has become a point of concern. Consequently, some investors may wonder if the company can ever be profitable.\nMoreover, the stock has risen by 80% over the last 12 months and more than 1,900% since its IPO in 2017. This has taken its price-to-sales ratio to about 24. While not a record, the sales multiple had rarely exceeded 10 before the pandemic, and at current levels, the stock may appear priced for perfection. Furthermore, the valuation exceeds MercadoLibre's 12 price-to-sales ratio and Amazon's sales multiple of four, making it the most expensive option among its most prominent e-commerce peers.\n\nSE data by YCharts\nShould I consider Sea after earnings?\nLike Amazon and MercadoLibre, Sea appears poised to become a force in e-commerce. Also, with its gaming and fintech divisions, it has become a multifaceted conglomerate like its counterparts from the Western Hemisphere.\nNonetheless, Sea's price-to-sales multiple significantly exceeds historical highs, appearing to price the stock for perfection. While the company should succeed in the long term, new investors should consider holding out for a lower valuation on this video gaming and e-commerce stock.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":876613313,"gmtCreate":1637302859039,"gmtModify":1637302874106,"author":{"id":"3571482048865852","authorId":"3571482048865852","name":"Troytan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Hold tight and will be rewarded","listText":"Hold tight and will be rewarded","text":"Hold tight and will be rewarded","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876613313","repostId":2184867912,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":876037599,"gmtCreate":1637243164932,"gmtModify":1637243178855,"author":{"id":"3580043263355101","authorId":"3580043263355101","name":"Dazz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Not worried. If it drops further, can continue to DCA.","listText":"Not worried. If it drops further, can continue to DCA.","text":"Not worried. If it drops further, can continue to DCA.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876037599","repostId":2184867912,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":876037649,"gmtCreate":1637243077836,"gmtModify":1637243077933,"author":{"id":"3577147024133490","authorId":"3577147024133490","name":"vincentheng8","avatar":"https://static.tigerbbs.com/177fda2264ab2bd83ccfc55eb70c57a4","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"All in&nbsp;","listText":"All in&nbsp;","text":"All in","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876037649","repostId":2184867912,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6630242,"gmtCreate":1637243083594,"gmtModify":1637243083676,"authorId":3577147024133490,"author":{"id":3577147024133490,"authorId":3577147024133490,"name":"vincentheng8","avatar":"https://static.tigerbbs.com/177fda2264ab2bd83ccfc55eb70c57a4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":876037649,"type":1,"supId":0,"prevId":0,"content":"all <u>in</u>","text":"all <u>in</u>","html":"all <u>in</u>"}],"langContent":"CN"},{"id":878773543,"gmtCreate":1637239063732,"gmtModify":1637239063732,"author":{"id":"4094948028342190","authorId":"4094948028342190","name":"Novice2","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Why share price is still high when the company still made a loss ??","listText":"Why share price is still high when the company still made a loss ??","text":"Why share price is still high when the company still made a loss ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878773543","repostId":2184867912,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6630221,"gmtCreate":1637242943590,"gmtModify":1637243567820,"authorId":3579342217954724,"author":{"id":3579342217954724,"authorId":3579342217954724,"name":"手可摘棉花","avatar":"https://static.tigerbbs.com/eb5d81ca4420febc27175fcd21eb90b2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878773543,"type":1,"supId":0,"prevId":0,"content":"They are investing for future growth","text":"They are investing for future growth","html":"They are investing for future growth"}],"langContent":"CN"},{"id":878753410,"gmtCreate":1637237008761,"gmtModify":1637237008874,"author":{"id":"3579683280519440","authorId":"3579683280519440","name":"jingabel","avatar":"https://static.tigerbbs.com/5109716c64f0b691a5098e4d5397ffc2","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878753410","repostId":2184867912,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878753569,"gmtCreate":1637237002077,"gmtModify":1637237002229,"author":{"id":"3579683280519440","authorId":"3579683280519440","name":"jingabel","avatar":"https://static.tigerbbs.com/5109716c64f0b691a5098e4d5397ffc2","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878753569","repostId":2184867912,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":17,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2184867912"}