HENGDIAN ENTERTAINMENT CO.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.6 CNY | -3.47% |
|
-4.76% | -12.26% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 11,929 | 11,955 | 8,378 | 9,348 | 11,276 | 9,894 | - |
| Enterprise Value (EV) 1 | 11,640 | 11,613 | 7,957 | 9,348 | 11,276 | 9,894 | 9,894 |
| P/E ratio | 38.4 x | -24.8 x | 661 x | -29.5 x | 68.4 x | 26 x | 24.2 x |
| Yield | 0.91% | - | - | - | - | 1.09% | 1.28% |
| Capitalization / Revenue | 4.24 x | 12.1 x | 3.54 x | 6.55 x | 4.8 x | 3.58 x | 3.05 x |
| EV / Revenue | 4.24 x | 12.1 x | 3.54 x | 6.55 x | 4.8 x | 3.58 x | 3.05 x |
| EV / EBITDA | 21.8 x | -59.8 x | 24.9 x | -1,314 x | 15.2 x | 10.1 x | 8.91 x |
| EV / FCF | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - |
| Price to Book | 5 x | 6.38 x | 5.62 x | 7.96 x | 8.41 x | 5.76 x | 4.75 x |
| Nbr of stocks (in thousands) | 634,200 | 634,200 | 634,200 | 634,200 | 634,200 | 634,200 | - |
| Reference price 2 | 18.81 | 18.85 | 13.21 | 14.74 | 17.78 | 15.60 | 15.60 |
| Announcement Date | 3/12/20 | 3/15/21 | 2/18/22 | 3/9/23 | 3/7/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,814 | 989.7 | 2,366 | 1,427 | 2,349 | 2,767 | 3,242 |
| EBITDA 1 | 546.1 | -199.8 | 335.8 | -7.114 | 740.9 | 981 | 1,110 |
| EBIT 1 | 367.5 | -542.3 | 10.68 | -335.9 | 155.9 | 447 | 538.5 |
| Operating Margin | 13.06% | -54.79% | 0.45% | -23.54% | 6.64% | 16.15% | 16.61% |
| Earnings before Tax (EBT) 1 | 408.7 | -511.7 | 29.55 | -317.2 | 176.8 | 447 | 546.5 |
| Net income 1 | 309.5 | -480.5 | 13.67 | -317.4 | 165.9 | 380 | 410.5 |
| Net margin | 11% | -48.55% | 0.58% | -22.25% | 7.06% | 13.73% | 12.66% |
| EPS 2 | 0.4900 | -0.7600 | 0.0200 | -0.5000 | 0.2600 | 0.6000 | 0.6450 |
| Free Cash Flow | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.1710 | - | - | - | - | 0.1700 | 0.2000 |
| Announcement Date | 3/12/20 | 3/15/21 | 2/18/22 | 3/9/23 | 3/7/24 | - | - |
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 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 679.8 | 153.1 | 832.8 | 392.7 | 742.2 | 429.5 | 781.5 | 842.4 |
| EBITDA | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - |
| Net income 1 | -306.5 | 75.49 | -143.7 | -68.24 | -38.21 | 149.3 | -36.49 | 123 | 218.7 |
| Net margin | - | 11.11% | -93.9% | -8.19% | -9.73% | 20.12% | -8.5% | 15.74% | 25.96% |
| EPS | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/28/20 | 4/29/22 | 8/19/22 | 8/19/22 | 10/28/22 | 4/28/23 | 8/17/23 | 10/20/23 | 4/19/24 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | 289 | 342 | 421 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 13.5% | -21.4% | 0.92% | -23.8% | 13.2% | 24.8% | 21.6% |
| ROA (Net income/ Total Assets) | 9.27% | -12.3% | 0.3% | - | 3.69% | 8.2% | 7.9% |
| Assets 1 | 3,338 | 3,898 | 4,495 | - | 4,493 | 4,634 | 5,196 |
| Book Value Per Share 2 | 3.760 | 2.960 | 2.350 | 1.850 | 2.110 | 2.710 | 3.290 |
| Cash Flow per Share 2 | 0.9200 | -0.0200 | 1.030 | 0.4900 | 1.180 | 1.530 | 1.270 |
| Capex 1 | 419 | 217 | 356 | 202 | 202 | 294 | 254 |
| Capex / Sales | 14.88% | 21.96% | 15.05% | 14.15% | 8.62% | 10.63% | 7.82% |
| Announcement Date | 3/12/20 | 3/15/21 | 2/18/22 | 3/9/23 | 3/7/24 | - | - |
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
15.6
CNY
Average target price
17
CNY
Spread / Average Target
+8.97%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -12.26% | 1.37B | |
| +6.68% | 4.19B | |
| +23.31% | 2.08B | |
| -.--% | 1.73B | |
| -21.65% | 1.56B | |
| -2.04% | 1.29B | |
| -9.51% | 1.16B | |
| -18.52% | 1.14B | |
| -50.25% | 882M | |
| -.--% | 818M |
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