Announcement • Jun 30
Beijing Enlight Media Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026 Beijing Enlight Media Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026 Price Target Changed • May 05
Price target decreased by 14% to CN¥17.97 Down from CN¥20.90, the current price target is an average from 4 analysts. New target price is 22% above last closing price of CN¥14.78. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥0.27 for next year compared to CN¥0.57 last year. Reported Earnings • Apr 22
First quarter 2026 earnings released: EPS: CN¥0.01 (vs CN¥0.69 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.01 (down from CN¥0.69 in 1Q 2025). Revenue: CN¥190.6m (down 94% from 1Q 2025). Net income: CN¥23.3m (down 99% from 1Q 2025). Profit margin: 12% (down from 68% in 1Q 2025). Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Apr 22
Beijing Enlight Media Co., Ltd, Annual General Meeting, May 13, 2026 Beijing Enlight Media Co., Ltd, Annual General Meeting, May 13, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥17.08, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 23x in the Entertainment industry in China. Total returns to shareholders of 66% over the past three years. Announcement • Mar 31
Beijing Enlight Media Co., Ltd to Report Q1, 2026 Results on Apr 22, 2026 Beijing Enlight Media Co., Ltd announced that they will report Q1, 2026 results on Apr 22, 2026 Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥20.62, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 27x in the Entertainment industry in China. Total returns to shareholders of 174% over the past three years. New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥25.56, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 28x in the Entertainment industry in China. Total returns to shareholders of 229% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.19 per share. Announcement • Dec 31
Beijing Enlight Media Co., Ltd to Report Fiscal Year 2025 Results on Apr 22, 2026 Beijing Enlight Media Co., Ltd announced that they will report fiscal year 2025 results on Apr 22, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.037 (vs CN¥0.004 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.037 (up from CN¥0.004 loss in 3Q 2024). Revenue: CN¥374.1m (up 248% from 3Q 2024). Net income: CN¥106.3m (up CN¥118.2m from 3Q 2024). Profit margin: 28% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Entertainment industry in China are expected to grow by 14%. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Price Target Changed • Oct 30
Price target decreased by 8.8% to CN¥21.48 Down from CN¥23.55, the current price target is an average from 5 analysts. New target price is 30% above last closing price of CN¥16.53. Stock is up 87% over the past year. The company is forecast to post earnings per share of CN¥0.78 for next year compared to CN¥0.10 last year. Announcement • Sep 30
Beijing Enlight Media Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025 Beijing Enlight Media Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CN¥0.073 (vs CN¥0.016 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.073 (up from CN¥0.016 in 2Q 2024). Revenue: CN¥267.5m (up 1.4% from 2Q 2024). Net income: CN¥213.6m (up 343% from 2Q 2024). Profit margin: 80% (up from 18% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is expected to decline by 9.8% p.a. on average during the next 3 years, while revenues in the Entertainment industry in China are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Beijing Enlight Media Co., Ltd to Report First Half, 2025 Results on Aug 27, 2025 Beijing Enlight Media Co., Ltd announced that they will report first half, 2025 results on Aug 27, 2025 Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥22.10, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 24x in the Entertainment industry in China. Total returns to shareholders of 159% over the past three years. Announcement • Jun 05
Beijing Enlight Media Co., Ltd Approves Cash Dividend/10 Shares for 2024 Beijing Enlight Media Co. Ltd. held its Annual General Meeting of 2024 on 30 May 2025, during which the company approved Cash dividend/10 shares (tax included) of CNY 2.00000000 for 2024. Price Target Changed • May 06
Price target increased by 10% to CN¥18.05 Up from CN¥16.35, the current price target is an average from 7 analysts. New target price is 6.4% below last closing price of CN¥19.28. Stock is up 101% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.10 last year. Major Estimate Revision • Apr 28
Consensus revenue estimates increase by 41% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥2.98b to CN¥4.21b. EPS estimate increased from CN¥0.435 to CN¥0.883 per share. Net income forecast to grow 19% next year vs 52% growth forecast for Entertainment industry in China. Consensus price target up from CN¥12.28 to CN¥16.35. Share price fell 16% to CN¥18.98 over the past week. Reported Earnings • Apr 23
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.10 (down from CN¥0.14 in FY 2023). Revenue: CN¥1.59b (up 2.6% from FY 2023). Net income: CN¥292.0m (down 30% from FY 2023). Profit margin: 18% (down from 27% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Announcement • Apr 23
Beijing Enlight Media Co., Ltd. Proposes Final Cash Dividend for 2024 Beijing Enlight Media Co., Ltd. announced on 22 April 2025 the profit distribution proposal for 2024 as follows: Final cash dividend per 10 shares (tax included) of CNY 2.00000000. Price Target Changed • Apr 22
Price target increased by 36% to CN¥16.35 Up from CN¥12.05, the current price target is an average from 7 analysts. New target price is 20% below last closing price of CN¥20.46. Stock is up 114% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.14 last year. Announcement • Apr 22
Beijing Enlight Media Co., Ltd., Annual General Meeting, May 30, 2025 Beijing Enlight Media Co., Ltd., Annual General Meeting, May 30, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 31
Beijing Enlight Media Co., Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Beijing Enlight Media Co., Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥11.44, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 29x in the Entertainment industry in China. Total returns to shareholders of 19% over the past three years. Announcement • Dec 31
Beijing Enlight Media Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Beijing Enlight Media Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Price Target Changed • Oct 31
Price target increased by 7.9% to CN¥9.57 Up from CN¥8.87, the current price target is an average from 7 analysts. New target price is 8.2% above last closing price of CN¥8.84. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥0.21 for next year compared to CN¥0.14 last year. Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.061 profit in 3Q 2023) Third quarter 2024 results: CN¥0.004 loss per share (down from CN¥0.061 profit in 3Q 2023). Revenue: CN¥107.7m (down 68% from 3Q 2023). Net loss: CN¥11.9m (down 107% from profit in 3Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥7.91, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Entertainment industry in China. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.37 per share. Announcement • Sep 30
Beijing Enlight Media Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Beijing Enlight Media Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥7.87, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Entertainment industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.38 per share. Major Estimate Revision • Sep 04
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.55b to CN¥2.26b. EPS estimate fell from CN¥0.35 to CN¥0.213 per share. Net income forecast to grow 29% next year vs 81% growth forecast for Entertainment industry in China. Consensus price target down from CN¥11.17 to CN¥9.61. Share price fell 2.7% to CN¥6.73 over the past week. Price Target Changed • Aug 30
Price target decreased by 14% to CN¥9.61 Down from CN¥11.17, the current price target is an average from 7 analysts. New target price is 35% above last closing price of CN¥7.12. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥0.32 for next year compared to CN¥0.14 last year. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.029 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.016 (down from CN¥0.029 in 2Q 2023). Revenue: CN¥263.7m (up 37% from 2Q 2023). Net income: CN¥48.2m (down 40% from 2Q 2023). Profit margin: 18% (down from 42% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Jul 09
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Yunfeng Liang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 29
Beijing Enlight Media Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Beijing Enlight Media Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • May 25
Dividend of CN¥0.07 announced Shareholders will receive a dividend of CN¥0.07. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 73% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Apr 28
Price target increased by 7.2% to CN¥11.03 Up from CN¥10.29, the current price target is an average from 6 analysts. New target price is 19% above last closing price of CN¥9.25. Stock is down 9.5% over the past year. The company is forecast to post earnings per share of CN¥0.37 for next year compared to CN¥0.14 last year. Announcement • Apr 21
Beijing Enlight Media Co., Ltd., Annual General Meeting, May 15, 2024 Beijing Enlight Media Co., Ltd., Annual General Meeting, May 15, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Price Target Changed • Apr 20
Price target increased by 15% to CN¥11.28 Up from CN¥9.81, the current price target is an average from 5 analysts. New target price is 14% above last closing price of CN¥9.90. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.14 last year. Announcement • Mar 30
Beijing Enlight Media Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Beijing Enlight Media Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Buy Or Sell Opportunity • Feb 27
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to CN¥9.20. The fair value is estimated to be CN¥7.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 79%. Buy Or Sell Opportunity • Jan 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.2% to CN¥8.22. The fair value is estimated to be CN¥6.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 79%. Announcement • Dec 30
Beijing Enlight Media Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Beijing Enlight Media Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.022 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.061 (up from CN¥0.022 loss in 3Q 2022). Revenue: CN¥334.8m (up 228% from 3Q 2022). Net income: CN¥165.7m (up CN¥264.4m from 3Q 2022). Profit margin: 50% (up from net loss in 3Q 2022). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. New Risk • Oct 29
New major risk - Revenue and earnings growth Earnings have declined by 56% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 5x cash flows per share. Earnings have declined by 56% per year over the past 5 years. New Risk • Oct 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 5x cash flows per share. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change). Announcement • Sep 30
Beijing Enlight Media Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Beijing Enlight Media Co., Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.029 (vs CN¥0.039 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.029 (down from CN¥0.039 in 2Q 2022). Revenue: CN¥192.5m (up 36% from 2Q 2022). Net income: CN¥80.8m (down 36% from 2Q 2022). Profit margin: 42% (down from 89% in 2Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • May 26
Beijing Enlight Media Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on May 31, 2023 Beijing Enlight Media Co., Ltd. announced final cash dividend/10 shares (tax included) (A Shares): CNY 0.50000000 for the year 2022. Record date: 30 May 2023. Ex-date: 31 May 2023. Payment date: 31 May 2023. Announcement • May 23
Beijing Enlight Media Co., Ltd. Approves Cash Dividend for the Year 2022 Beijing Enlight Media Co., Ltd. at the AGM, the shareholders approved cash dividend/10 shares (tax included): CNY 0.50000000 for the year 2022. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.022 loss per share (vs CN¥0.023 profit in 3Q 2021) Third quarter 2022 results: CN¥0.022 loss per share (down from CN¥0.023 profit in 3Q 2021). Revenue: CN¥102.2m (down 54% from 3Q 2021). Net loss: CN¥98.8m (down 245% from profit in 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Entertainment industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.039 (vs CN¥0.10 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.039 (down from CN¥0.10 in 2Q 2021). Revenue: CN¥142.0m (down 72% from 2Q 2021). Net income: CN¥125.7m (down 56% from 2Q 2021). Profit margin: 89% (up from 56% in 2Q 2021). Over the next year, revenue is forecast to grow 128%, compared to a 22% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Price Target Changed • Jun 24
Price target increased to CN¥9.71 Up from CN¥9.02, the current price target is an average from 7 analysts. New target price is 11% above last closing price of CN¥8.76. Stock is down 19% over the past year. The company is forecast to post earnings per share of CN¥0.26 next year compared to a net loss per share of CN¥0.11 last year. Announcement • May 31
Beijing Enlight Media Co., Ltd. Announces Cash Dividend of A Shares for 2021, Payable on 02 June 2022 Beijing Enlight Media Co., Ltd. announced Cash dividend of CNY 2.00000000 per 10 A shares (tax included) for 2021. Payment date is 02 June 2022, Ex-date is 02 June 2022 and Record date is 01 June 2022. Announcement • May 21
Beijing Enlight Media Co., Ltd. Approves Final Cash Dividend for the Year 2021 Beijing Enlight Media Co., Ltd. approved final Cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2021, at its Annual General Meeting of 2021 held on 19 May 2022. Price Target Changed • May 01
Price target decreased to CN¥9.42 Down from CN¥10.27, the current price target is an average from 7 analysts. New target price is 30% above last closing price of CN¥7.25. Stock is down 44% over the past year. The company is forecast to post earnings per share of CN¥0.27 next year compared to a net loss per share of CN¥0.11 last year. Reported Earnings • Apr 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥0.11 loss per share (down from CN¥0.10 profit in FY 2020). Revenue: CN¥1.17b (flat on FY 2020). Net loss: CN¥311.7m (down 207% from profit in FY 2020). Revenue missed analyst estimates by 23%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 97%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Major Estimate Revision • Apr 07
Consensus revenue estimates fall by 12% The consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥1.74b to CN¥1.53b. EPS estimate fell from CN¥0.24 to CN¥0.23 per share. Net income forecast to grow 21% next year vs 30% growth forecast for Entertainment industry in China. Consensus price target broadly unchanged at CN¥10.21. Share price fell 5.0% to CN¥7.79 over the past week. Reported Earnings • Oct 25
Third quarter 2021 earnings released: EPS CN¥0.023 (vs CN¥0.014 in 3Q 2020) The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: CN¥222.8m (flat on 3Q 2020). Net income: CN¥68.3m (up 58% from 3Q 2020). Profit margin: 31% (up from 20% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Price Target Changed • Sep 10
Price target decreased to CN¥10.33 Down from CN¥11.16, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of CN¥9.91. Stock is down 39% over the past year. Price Target Changed • Aug 26
Price target decreased to CN¥11.48 Down from CN¥12.36, the current price target is an average from 13 analysts. New target price is 23% above last closing price of CN¥9.37. Stock is down 41% over the past year. Price Target Changed • Aug 24
Price target decreased to CN¥11.90 Down from CN¥13.22, the current price target is an average from 12 analysts. New target price is 29% above last closing price of CN¥9.25. Stock is down 45% over the past year. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.008 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥515.4m (up CN¥482.5m from 2Q 2020). Net income: CN¥286.1m (up CN¥295.0m from 2Q 2020). Profit margin: 56% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Price Target Changed • Jun 26
Price target decreased to CN¥13.08 Down from CN¥14.09, the current price target is an average from 14 analysts. New target price is 20% above last closing price of CN¥10.88. Stock is down 4.8% over the past year. Announcement • May 22
Beijing Enlight Media Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2020, Payable on May 28, 2021 Beijing Enlight Media Co., Ltd. announced final cash dividend on A shares of CNY 0.10 per 10 shares (tax included) for the year 2020. The dividend is payable on May 28, 2021 with record date as May 27, 2021 and ex-date as May 28, 2021. Announcement • May 14
Beijing Enlight Media Co., Ltd. Approves Cash Dividend for 2020 Beijing Enlight Media Co., Ltd. approved cash dividend (tax included) of CNY 0.1000000010 shares for 2020. Reported Earnings • Apr 19
Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.32 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.16b (down 59% from FY 2019). Net income: CN¥291.1m (down 69% from FY 2019). Profit margin: 25% (down from 34% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Mar 08
Beijing Enlight Media Co., Ltd. to Report Fiscal Year 2020 Results on Apr 19, 2021 Beijing Enlight Media Co., Ltd. announced that they will report fiscal year 2020 results on Apr 19, 2021 Is New 90 Day High Low • Feb 24
New 90-day high: CN¥14.18 The company is up 12% from its price of CN¥12.68 on 26 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.67 per share. Is New 90 Day High Low • Feb 01
New 90-day high: CN¥13.59 The company is up 11% from its price of CN¥12.22 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.65 per share. Is New 90 Day High Low • Dec 23
New 90-day low: CN¥11.74 The company is down 25% from its price of CN¥15.64 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.53 per share. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥12.16 The company is down 9.0% from its price of CN¥13.30 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.56 per share. Analyst Estimate Surprise Post Earnings • Oct 28
Third-quarter earnings released: Revenue and earnings miss expectations Third-quarter revenue missed analyst estimates by 62% at CN¥221.6m. Earnings per share (EPS) also missed analyst estimates by 91% at CN¥0.01. Revenue is forecast to grow 170% over the next year, compared to a 33% growth forecast for the Entertainment industry in China. Announcement • Oct 20
Beijing Enlight Media Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020 Beijing Enlight Media Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Is New 90 Day High Low • Oct 14
New 90-day low: CN¥13.04 The company is down 6.0% from its price of CN¥13.80 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.72 per share. Valuation Update With 7 Day Price Move • Oct 13
Market pulls back on stock over the past week After last week's 18% share price decline to CN¥13.63, the stock is trading at a trailing P/E ratio of 42.2x, down from the previous P/E ratio of 51.6x. This compares to an average P/E of 45x in the Entertainment industry in China. Total returns to shareholders over the past three years are 47%. Price Target Changed • Sep 23
Price target raised to CN¥13.91 Up from CN¥12.43, the current price target is an average from 13 analysts. The new target price is 11% below the current share price of CN¥15.57. As of last close, the stock is up 76% over the past year.