CHINA FILM CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.83 CNY | -0.50% |
|
-0.59% | -3.35% |
| May. 08 | Chinese Box Office Hits $215 Million During May Day Holiday | MT |
| Apr. 29 | China Film Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 28,416 | 23,263 | 23,916 | 25,391 | 22,852 | 22,087 | - | - |
| Enterprise Value (EV) 1 | 20,118 | 16,885 | 17,229 | 19,106 | 15,743 | 16,427 | 14,661 | 17,004 |
| P/E ratio | 26.7 x | -41.8 x | 101 x | -118 x | 86.8 x | 30.3 x | 20.4 x | 22.3 x |
| Yield | 2.09% | - | 0.31% | - | 0.58% | 1.73% | 1.24% | 3.38% |
| Capitalization / Revenue | 3.13 x | 7.89 x | 4.11 x | 8.7 x | 4.28 x | 3.77 x | 2.9 x | 3.09 x |
| EV / Revenue | 2.22 x | 5.72 x | 2.96 x | 6.54 x | 2.95 x | 2.8 x | 1.92 x | 2.38 x |
| EV / EBITDA | 8.77 x | -190 x | 20.6 x | 277 x | 21.9 x | 13.1 x | 9.69 x | 12.1 x |
| EV / FCF | 12,264,702 x | - | - | - | - | - | - | - |
| FCF Yield | 0% | - | - | - | - | - | - | - |
| Price to Book | 2.37 x | 2.14 x | 2.16 x | 2.35 x | 2.06 x | 1.88 x | 1.71 x | 1.74 x |
| Nbr of stocks (in thousands) | 1,867,000 | 1,867,000 | 1,867,000 | 1,867,000 | 1,867,000 | 1,867,000 | - | - |
| Reference price 2 | 15.22 | 12.46 | 12.81 | 13.60 | 12.24 | 11.83 | 11.83 | 11.83 |
| Announcement Date | 4/24/20 | 4/28/21 | 3/8/22 | 4/25/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9,068 | 2,950 | 5,816 | 2,920 | 5,334 | 5,861 | 7,627 | 7,141 |
| EBITDA 1 | 2,293 | -88.87 | 835.4 | 68.99 | 717.4 | 1,257 | 1,512 | 1,409 |
| EBIT 1 | 1,684 | -642.4 | 370 | -276.7 | 445.6 | 878.6 | 1,360 | 1,199 |
| Operating Margin | 18.57% | -21.78% | 6.36% | -9.48% | 8.35% | 14.99% | 17.83% | 16.79% |
| Earnings before Tax (EBT) 1 | 1,702 | -635.1 | 369 | -260.2 | 441.2 | 1,028 | 1,551 | 1,380 |
| Net income 1 | 1,061 | -556.3 | 236.4 | -214.9 | 263 | 735.4 | 1,083 | 993.4 |
| Net margin | 11.7% | -18.86% | 4.06% | -7.36% | 4.93% | 12.55% | 14.2% | 13.91% |
| EPS 2 | 0.5690 | -0.2980 | 0.1270 | -0.1150 | 0.1410 | 0.3900 | 0.5793 | 0.5300 |
| Free Cash Flow | 1,640 | - | - | - | - | - | - | - |
| FCF margin | 18.09% | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | 71.53% | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | 154.54% | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.3180 | - | 0.0400 | - | 0.0710 | 0.2050 | 0.1462 | 0.4000 |
| Announcement Date | 4/24/20 | 4/28/21 | 3/8/22 | 4/25/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2023 Q1 | 2023 Q2 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 946.3 | 573.8 | 1,520 | 711.8 | 1,445 | 1,412 | 1,353 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income 1 | -502.3 | 115.8 | -95.6 | 20.19 | -19.59 | 181.7 | 178.6 | 110.7 |
| Net margin | - | 12.24% | -16.66% | 1.33% | -2.75% | 12.57% | 12.65% | 8.18% |
| EPS | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 8/28/20 | 4/26/22 | 8/26/22 | 8/26/22 | 10/28/22 | 4/25/23 | 8/25/23 | 10/27/23 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 8,298 | 6,377 | 6,687 | 6,285 | 7,109 | 5,659 | 7,425 | 5,083 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | 1,640 | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 9.11% | -4.83% | 2.15% | -1.96% | 2.4% | 6.42% | 8.29% | 8.42% |
| ROA (Net income/ Total Assets) | - | -3.27% | 1.32% | -1.18% | - | 3.4% | 5.25% | - |
| Assets 1 | - | 17,037 | 17,947 | 18,217 | - | 21,628 | 20,625 | - |
| Book Value Per Share 2 | 6.420 | 5.820 | 5.940 | 5.790 | 5.940 | 6.310 | 6.940 | 6.800 |
| Cash Flow per Share 2 | 1.040 | 0.0200 | 0.5200 | -0.0500 | 1.060 | 0.1800 | 1.560 | -0.2300 |
| Capex 1 | 308 | 826 | 261 | 111 | 149 | 536 | 369 | 159 |
| Capex / Sales | 3.39% | 28.01% | 4.48% | 3.79% | 2.79% | 9.14% | 4.83% | 2.23% |
| Announcement Date | 4/24/20 | 4/28/21 | 3/8/22 | 4/25/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
11.83
CNY
Average target price
11.6
CNY
Spread / Average Target
-1.94%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -3.35% | 3.06B | |
| +11.55% | 7.99B | |
| -10.71% | 5.83B | |
| +6.40% | 5.45B | |
| +3.96% | 4.53B | |
| +11.83% | 4.31B | |
| +10.06% | 3.62B | |
| +15.03% | 2.95B | |
| +34.41% | 2.04B | |
| +1.77% | 1.9B |
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