View ValuationThinkingdom Media Group 将来の成長Future 基準チェック /16Thinkingdom Media Groupの収益は年間1.7%で減少すると予測されていますが、年間利益は年間12.9%で増加すると予想されています。EPS は年間12.5%で増加すると予想されています。主要情報12.9%収益成長率12.51%EPS成長率Media 収益成長26.5%収益成長率-1.7%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日06 May 2026今後の成長に関する最新情報Price Target Changed • Apr 17Price target decreased by 12% to CN¥17.10Down from CN¥19.43, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CN¥17.17. Stock is down 5.3% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.78 last year.Major Estimate Revision • Aug 14Consensus revenue estimates fall by 27%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥879.3m to CN¥642.7m. EPS estimate fell from CN¥0.94 to CN¥0.72 per share. Net income forecast to grow 42% next year vs 39% growth forecast for Media industry in China. Consensus price target down from CN¥19.43 to CN¥18.55. Share price fell 2.5% to CN¥18.79 over the past week.Major Estimate Revision • Nov 04Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥990.0m to CN¥890.0m. EPS estimate fell from CN¥1.08 to CN¥1.03 per share. Net income forecast to grow 14% next year vs 12% growth forecast for Media industry in China. Consensus price target of CN¥21.12 unchanged from last update. Share price fell 8.4% to CN¥16.89 over the past week.Price Target Changed • Apr 11Price target decreased by 9.9% to CN¥21.26Down from CN¥23.60, the current price target is an average from 2 analysts. New target price is 27% above last closing price of CN¥16.80. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥1.01 for next year compared to CN¥0.84 last year.Price Target Changed • Apr 27Price target decreased to CN¥25.00Down from CN¥29.00, the current price target is provided by 1 analyst. New target price is 53% above last closing price of CN¥16.39. Stock is down 59% over the past year. The company is forecast to post earnings per share of CN¥1.30 for next year compared to CN¥1.35 last year.Price Target Changed • Aug 20Price target decreased to CN¥45.75Down from CN¥54.50, the current price target is an average from 5 analysts. New target price is 67% above last closing price of CN¥27.38. Stock is down 46% over the past year.すべての更新を表示Recent updatesお知らせ • Jun 30Thinkingdom Media Group Ltd. to Report First Half, 2026 Results on Aug 11, 2026Thinkingdom Media Group Ltd. announced that they will report first half, 2026 results on Aug 11, 2026Declared Dividend • May 30Dividend reduced to CN¥0.60Dividend of CN¥0.60 is 25% lower than last year. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio). However, it is covered by cash flows (89.7% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 13% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Apr 23Full year 2025 earnings released: EPS: CN¥0.50 (vs CN¥0.78 in FY 2024)Full year 2025 results: EPS: CN¥0.50 (down from CN¥0.78 in FY 2024). Revenue: CN¥646.2m (down 21% from FY 2024). Net income: CN¥77.0m (down 39% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Apr 22Thinkingdom Media Group Ltd., Annual General Meeting, May 13, 2026Thinkingdom Media Group Ltd., Annual General Meeting, May 13, 2026, at 10:30 China Standard Time. Location: Annex Building of Building 5, Yard No. 3, Huayuan Hutong, Dongcheng District, Beijing ChinaPrice Target Changed • Apr 17Price target decreased by 12% to CN¥17.10Down from CN¥19.43, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CN¥17.17. Stock is down 5.3% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.78 last year.New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 13% 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. Payout ratio: 184% Paying a dividend despite having no free cash flows. Earnings have declined by 13% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).お知らせ • Mar 30Thinkingdom Media Group Ltd. to Report Q1, 2026 Results on Apr 29, 2026Thinkingdom Media Group Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Thinkingdom Media Group Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Thinkingdom Media Group Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.22 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.22 in 3Q 2024). Revenue: CN¥160.4m (down 14% from 3Q 2024). Net income: CN¥20.9m (down 42% from 3Q 2024). Profit margin: 13% (down from 19% in 3Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Thinkingdom Media Group Ltd. to Report Q3, 2025 Results on Oct 29, 2025Thinkingdom Media Group Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Major Estimate Revision • Aug 14Consensus revenue estimates fall by 27%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥879.3m to CN¥642.7m. EPS estimate fell from CN¥0.94 to CN¥0.72 per share. Net income forecast to grow 42% next year vs 39% growth forecast for Media industry in China. Consensus price target down from CN¥19.43 to CN¥18.55. Share price fell 2.5% to CN¥18.79 over the past week.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.26 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.26 in 2Q 2024). Revenue: CN¥164.2m (down 28% from 2Q 2024). Net income: CN¥22.4m (down 47% from 2Q 2024). Profit margin: 14% (down from 19% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.お知らせ • Jun 30Thinkingdom Media Group Ltd. to Report First Half, 2025 Results on Aug 08, 2025Thinkingdom Media Group Ltd. announced that they will report first half, 2025 results on Aug 08, 2025Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥20.13, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 24x in the Media industry in China. Total returns to shareholders of 22% over the past three years.Declared Dividend • May 31Dividend reduced to CN¥0.80Dividend of CN¥0.80 is 11% lower than last year. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 38% to bring the payout ratio under control. EPS is expected to grow by 79% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Apr 24Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.78 (down from CN¥0.98 in FY 2023). Revenue: CN¥820.5m (down 8.9% from FY 2023). Net income: CN¥126.6m (down 21% from FY 2023). Profit margin: 15% (down from 18% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.お知らせ • Apr 23Thinkingdom Media Group Ltd., Annual General Meeting, May 16, 2025Thinkingdom Media Group Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: Podium Building, Building 5, Yard No. 3, Huayuan Hutong, Dongcheng District, Beijing Chinaお知らせ • Mar 28Thinkingdom Media Group Ltd. to Report Q1, 2025 Results on Apr 30, 2025Thinkingdom Media Group Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27Thinkingdom Media Group Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025Thinkingdom Media Group Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025分析記事 • Nov 29There's No Escaping Thinkingdom Media Group Ltd.'s (SHSE:603096) Muted Earnings Despite A 28% Share Price RiseDespite an already strong run, Thinkingdom Media Group Ltd. ( SHSE:603096 ) shares have been powering on, with a gain...Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥22.36, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Media industry in China. Total loss to shareholders of 2.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.40 per share.Major Estimate Revision • Nov 04Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥990.0m to CN¥890.0m. EPS estimate fell from CN¥1.08 to CN¥1.03 per share. Net income forecast to grow 14% next year vs 12% growth forecast for Media industry in China. Consensus price target of CN¥21.12 unchanged from last update. Share price fell 8.4% to CN¥16.89 over the past week.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.25 in 3Q 2023). Revenue: CN¥185.9m (down 14% from 3Q 2023). Net income: CN¥35.9m (down 13% from 3Q 2023). Profit margin: 19% (in line with 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Oct 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to CN¥17.90. The fair value is estimated to be CN¥14.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.お知らせ • Sep 30Thinkingdom Media Group Ltd. to Report Q3, 2024 Results on Oct 29, 2024Thinkingdom Media Group Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥18.08, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Media industry in China. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.63 per share.Buy Or Sell Opportunity • Sep 30Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 3.5% to CN¥18.08. The fair value is estimated to be CN¥14.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.分析記事 • Sep 30Insufficient Growth At Thinkingdom Media Group Ltd. (SHSE:603096) Hampers Share PriceWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 30x, you may consider...Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (down from CN¥0.26 in 2Q 2023). Revenue: CN¥227.9m (down 3.0% from 2Q 2023). Net income: CN¥42.5m (down 1.8% from 2Q 2023). Profit margin: 19% (in line with 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Jul 01Now 29% overvaluedOver the last 90 days, the stock has fallen 3.5% to CN¥17.56. The fair value is estimated to be CN¥13.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 24% in the next 2 years.お知らせ • Jun 28Thinkingdom Media Group Ltd. to Report First Half, 2024 Results on Aug 17, 2024Thinkingdom Media Group Ltd. announced that they will report first half, 2024 results on Aug 17, 2024Buy Or Sell Opportunity • Jun 26Now 23% overvaluedOver the last 90 days, the stock has fallen 4.1% to CN¥16.80. The fair value is estimated to be CN¥13.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 24% in the next 2 years.分析記事 • Jun 05Thinkingdom Media Group's (SHSE:603096) Dividend Will Be Increased To CN¥0.90Thinkingdom Media Group Ltd.'s ( SHSE:603096 ) dividend will be increasing from last year's payment of the same period...Declared Dividend • Jun 05Dividend increased to CN¥0.90Dividend of CN¥0.90 is 13% higher than last year. Ex-date: 7th June 2024 Payment date: 7th June 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 17% per year over the past 7 years and payments have been stable during that time. Earnings per share is expected to grow by 37% over the next 3 years, which should maintain adequate earnings cover for the dividend.お知らせ • Apr 29Thinkingdom Media Group Ltd., Annual General Meeting, May 20, 2024Thinkingdom Media Group Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: 1F, Building 5, No. 3, Huayuan Hutong, Dongcheng District, Beijing ChinaReported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.28 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.30 (up from CN¥0.28 in 1Q 2023). Revenue: CN¥225.4m (up 10.0% from 1Q 2023). Net income: CN¥48.5m (up 7.8% from 1Q 2023). Profit margin: 22% (in line with 1Q 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Apr 20Now 20% overvaluedOver the last 90 days, the stock has fallen 10% to CN¥16.43. The fair value is estimated to be CN¥13.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.分析記事 • Apr 17Estimating The Intrinsic Value Of Thinkingdom Media Group Ltd. (SHSE:603096)Key Insights Using the 2 Stage Free Cash Flow to Equity, Thinkingdom Media Group fair value estimate is CN¥13.65...Price Target Changed • Apr 11Price target decreased by 9.9% to CN¥21.26Down from CN¥23.60, the current price target is an average from 2 analysts. New target price is 27% above last closing price of CN¥16.80. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥1.01 for next year compared to CN¥0.84 last year.お知らせ • Mar 29Thinkingdom Media Group Ltd. to Report Q1, 2024 Results on Apr 27, 2024Thinkingdom Media Group Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024分析記事 • Mar 07Thinkingdom Media Group Ltd. (SHSE:603096) Surges 31% Yet Its Low P/E Is No Reason For ExcitementThinkingdom Media Group Ltd. ( SHSE:603096 ) shareholders are no doubt pleased to see that the share price has bounced...Buy Or Sell Opportunity • Feb 23Now 25% overvaluedOver the last 90 days, the stock has fallen 15% to CN¥16.80. The fair value is estimated to be CN¥13.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 63% in the next 2 years.Buy Or Sell Opportunity • Feb 20Now 20% overvaluedOver the last 90 days, the stock has fallen 20% to CN¥16.03. The fair value is estimated to be CN¥13.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 63% in the next 2 years.お知らせ • Feb 20Thinkingdom Media Group Ltd. (SHSE:603096) announces an Equity Buyback for CNY 100 million worth of its shares.Thinkingdom Media Group Ltd. (SHSE:603096) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 25 per share. The company intends to use its own funds to repurchase shares. The repurchased shares will be used in equity incentive plans. The share repurchase program will be valid for 3 months.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥14.99, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Media industry in China. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.44 per share.お知らせ • Dec 29Thinkingdom Media Group Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Thinkingdom Media Group Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.27 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.27 in 3Q 2022). Revenue: CN¥216.7m (down 16% from 3Q 2022). Net income: CN¥41.3m (down 7.0% from 3Q 2022). Profit margin: 19% (up from 17% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 21% per year.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.25 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.25 in 2Q 2022). Revenue: CN¥235.1m (down 1.8% from 2Q 2022). Net income: CN¥43.3m (up 9.2% from 2Q 2022). Profit margin: 18% (up from 17% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 27% per year.New Risk • Jun 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Dividend is not well covered by earnings (93% payout ratio).Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥21.71, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Media industry in China. Total loss to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.77 per share.Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.26 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.28 (up from CN¥0.26 in 1Q 2022). Revenue: CN¥205.0m (flat on 1Q 2022). Net income: CN¥45.0m (up 5.6% from 1Q 2022). Profit margin: 22% (up from 21% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥26.99, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Media industry in China. Total loss to shareholders of 31% over the past three years.Buying Opportunity • Jan 11Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be CN¥23.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 111% in the next 2 years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Supervisor Xinjin Wang was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.24 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.27 (up from CN¥0.24 in 3Q 2021). Revenue: CN¥257.2m (up 15% from 3Q 2021). Net income: CN¥44.4m (up 17% from 3Q 2021). Profit margin: 17% (in line with 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 30% per year.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.24 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥239.5m (flat on 2Q 2021). Net income: CN¥39.6m (up 1.3% from 2Q 2021). Profit margin: 17% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 14% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 26% per year.Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥21.85, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Media industry in China. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.69 per share.Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.26 (down from CN¥0.33 in 1Q 2021). Revenue: CN¥206.7m (down 4.6% from 1Q 2021). Net income: CN¥42.6m (down 21% from 1Q 2021). Profit margin: 21% (down from 25% in 1Q 2021). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 40%. Over the next year, revenue is forecast to grow 19%, compared to a 10% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.Price Target Changed • Apr 27Price target decreased to CN¥25.00Down from CN¥29.00, the current price target is provided by 1 analyst. New target price is 53% above last closing price of CN¥16.39. Stock is down 59% over the past year. The company is forecast to post earnings per share of CN¥1.30 for next year compared to CN¥1.35 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Vice GM, GM of Production & Sales Center and Director Zhu Guoliang was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥34.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Media industry in China. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.01 per share.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.28 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥223.3m (up 2.4% from 3Q 2020). Net income: CN¥37.8m (down 20% from 3Q 2020). Profit margin: 17% (down from 22% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 23Second quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.41 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥240.7m (down 2.4% from 2Q 2020). Net income: CN¥39.1m (down 42% from 2Q 2020). Profit margin: 16% (down from 27% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.Price Target Changed • Aug 20Price target decreased to CN¥45.75Down from CN¥54.50, the current price target is an average from 5 analysts. New target price is 67% above last closing price of CN¥27.38. Stock is down 46% over the past year.Reported Earnings • Apr 20Full year 2020 earnings released: EPS CN¥1.62 (vs CN¥1.78 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥875.9m (down 5.3% from FY 2019). Net income: CN¥219.7m (down 8.6% from FY 2019). Profit margin: 25% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Feb 05New 90-day low: CN¥40.75The company is down 2.0% from its price of CN¥41.61 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media 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¥24.98 per share.Is New 90 Day High Low • Dec 06New 90-day high: CN¥53.00The company is up 3.0% from its price of CN¥51.45 on 07 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥21.67 per share.Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 17% share price gain to CN¥53.00, the stock is trading at a trailing P/E ratio of 33.8x, up from the previous P/E ratio of 28.8x. This compares to an average P/E of 33x in the Media industry in China. Total return to shareholders over the past three years is a loss of 13%.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥212.7m, down 16% from the prior year. Total revenue was CN¥887.5m over the last 12 months, down 5.9% from the prior year.お知らせ • Oct 28Thinkingdom Media Group Ltd. to Report Q3, 2020 Results on Oct 30, 2020Thinkingdom Media Group Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020Is New 90 Day High Low • Oct 21New 90-day low: CN¥48.17The company is down 25% from its price of CN¥63.81 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media 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¥21.91 per share.お知らせ • Jul 09Thinkingdom Media Group Ltd. to Report First Half, 2020 Results on Aug 22, 2020Thinkingdom Media Group Ltd. announced that they will report first half, 2020 results on Aug 22, 2020業績と収益の成長予測SHSE:603096 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202760993N/AN/A112/31/202660789N/AN/A13/31/202662873103104N/A12/31/202564677-36-34N/A9/30/202565767-101-99N/A6/30/202568282-76-75N/A3/31/2025746103-98-96N/A12/31/20248211273437N/A9/30/2024883158131134N/A6/30/2024914163144147N/A3/31/2024921164168172N/A12/31/2023901160169174N/A9/30/2023891140220191N/A6/30/2023931143144155N/A3/31/2023936140171189N/A12/31/2022938137148194N/A9/30/2022944126139221N/A6/30/2022911120181266N/A3/31/2022912119135238N/A12/31/2021922131102183N/A9/30/202190117880169N/A6/30/202189618878167N/A3/31/202190221578141N/A12/31/2020876220136197N/A9/30/202088821391164N/A6/30/2020889246169200N/A3/31/2020895243172207N/A12/31/2019925240N/A238N/A9/30/2019943254N/A140N/A6/30/2019956251N/A202N/A3/31/2019938242N/A151N/A12/31/2018926241N/A-17N/A9/30/2018926242N/A13N/A6/30/2018929233N/A-134N/A3/31/2018956241N/A14N/A12/31/2017944232N/A122N/A9/30/2017931214N/A158N/A6/30/2017913193N/A190N/A3/31/2017863163N/A116N/A12/31/2016853152N/A149N/A12/31/2015881130N/A224N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 603096の予測収益成長率 (年間12.9% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 603096の収益 ( 12.9% ) CN市場 ( 25.6% ) よりも低い成長が予測されています。高成長収益: 603096の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 603096の収益は今後 3 年間で減少すると予想されています (年間-1.7% )。高い収益成長: 603096の収益は今後 3 年間で減少すると予測されています (年間-1.7% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 603096の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMedia 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/30 10:44終値2026/07/30 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Thinkingdom Media Group Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Xueqing ZhangChina International Capital Corporation LimitedZheng WangEverbright Securities Co. Ltd.Yuncong MaoHaitong International Research Limited1 その他のアナリストを表示
Price Target Changed • Apr 17Price target decreased by 12% to CN¥17.10Down from CN¥19.43, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CN¥17.17. Stock is down 5.3% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.78 last year.
Major Estimate Revision • Aug 14Consensus revenue estimates fall by 27%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥879.3m to CN¥642.7m. EPS estimate fell from CN¥0.94 to CN¥0.72 per share. Net income forecast to grow 42% next year vs 39% growth forecast for Media industry in China. Consensus price target down from CN¥19.43 to CN¥18.55. Share price fell 2.5% to CN¥18.79 over the past week.
Major Estimate Revision • Nov 04Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥990.0m to CN¥890.0m. EPS estimate fell from CN¥1.08 to CN¥1.03 per share. Net income forecast to grow 14% next year vs 12% growth forecast for Media industry in China. Consensus price target of CN¥21.12 unchanged from last update. Share price fell 8.4% to CN¥16.89 over the past week.
Price Target Changed • Apr 11Price target decreased by 9.9% to CN¥21.26Down from CN¥23.60, the current price target is an average from 2 analysts. New target price is 27% above last closing price of CN¥16.80. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥1.01 for next year compared to CN¥0.84 last year.
Price Target Changed • Apr 27Price target decreased to CN¥25.00Down from CN¥29.00, the current price target is provided by 1 analyst. New target price is 53% above last closing price of CN¥16.39. Stock is down 59% over the past year. The company is forecast to post earnings per share of CN¥1.30 for next year compared to CN¥1.35 last year.
Price Target Changed • Aug 20Price target decreased to CN¥45.75Down from CN¥54.50, the current price target is an average from 5 analysts. New target price is 67% above last closing price of CN¥27.38. Stock is down 46% over the past year.
お知らせ • Jun 30Thinkingdom Media Group Ltd. to Report First Half, 2026 Results on Aug 11, 2026Thinkingdom Media Group Ltd. announced that they will report first half, 2026 results on Aug 11, 2026
Declared Dividend • May 30Dividend reduced to CN¥0.60Dividend of CN¥0.60 is 25% lower than last year. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio). However, it is covered by cash flows (89.7% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 13% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Apr 23Full year 2025 earnings released: EPS: CN¥0.50 (vs CN¥0.78 in FY 2024)Full year 2025 results: EPS: CN¥0.50 (down from CN¥0.78 in FY 2024). Revenue: CN¥646.2m (down 21% from FY 2024). Net income: CN¥77.0m (down 39% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 22Thinkingdom Media Group Ltd., Annual General Meeting, May 13, 2026Thinkingdom Media Group Ltd., Annual General Meeting, May 13, 2026, at 10:30 China Standard Time. Location: Annex Building of Building 5, Yard No. 3, Huayuan Hutong, Dongcheng District, Beijing China
Price Target Changed • Apr 17Price target decreased by 12% to CN¥17.10Down from CN¥19.43, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CN¥17.17. Stock is down 5.3% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.78 last year.
New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 13% 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. Payout ratio: 184% Paying a dividend despite having no free cash flows. Earnings have declined by 13% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).
お知らせ • Mar 30Thinkingdom Media Group Ltd. to Report Q1, 2026 Results on Apr 29, 2026Thinkingdom Media Group Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Thinkingdom Media Group Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Thinkingdom Media Group Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.22 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.22 in 3Q 2024). Revenue: CN¥160.4m (down 14% from 3Q 2024). Net income: CN¥20.9m (down 42% from 3Q 2024). Profit margin: 13% (down from 19% in 3Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Thinkingdom Media Group Ltd. to Report Q3, 2025 Results on Oct 29, 2025Thinkingdom Media Group Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Major Estimate Revision • Aug 14Consensus revenue estimates fall by 27%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥879.3m to CN¥642.7m. EPS estimate fell from CN¥0.94 to CN¥0.72 per share. Net income forecast to grow 42% next year vs 39% growth forecast for Media industry in China. Consensus price target down from CN¥19.43 to CN¥18.55. Share price fell 2.5% to CN¥18.79 over the past week.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.26 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.26 in 2Q 2024). Revenue: CN¥164.2m (down 28% from 2Q 2024). Net income: CN¥22.4m (down 47% from 2Q 2024). Profit margin: 14% (down from 19% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Jun 30Thinkingdom Media Group Ltd. to Report First Half, 2025 Results on Aug 08, 2025Thinkingdom Media Group Ltd. announced that they will report first half, 2025 results on Aug 08, 2025
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥20.13, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 24x in the Media industry in China. Total returns to shareholders of 22% over the past three years.
Declared Dividend • May 31Dividend reduced to CN¥0.80Dividend of CN¥0.80 is 11% lower than last year. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 38% to bring the payout ratio under control. EPS is expected to grow by 79% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Apr 24Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.78 (down from CN¥0.98 in FY 2023). Revenue: CN¥820.5m (down 8.9% from FY 2023). Net income: CN¥126.6m (down 21% from FY 2023). Profit margin: 15% (down from 18% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Apr 23Thinkingdom Media Group Ltd., Annual General Meeting, May 16, 2025Thinkingdom Media Group Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: Podium Building, Building 5, Yard No. 3, Huayuan Hutong, Dongcheng District, Beijing China
お知らせ • Mar 28Thinkingdom Media Group Ltd. to Report Q1, 2025 Results on Apr 30, 2025Thinkingdom Media Group Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27Thinkingdom Media Group Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025Thinkingdom Media Group Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025
分析記事 • Nov 29There's No Escaping Thinkingdom Media Group Ltd.'s (SHSE:603096) Muted Earnings Despite A 28% Share Price RiseDespite an already strong run, Thinkingdom Media Group Ltd. ( SHSE:603096 ) shares have been powering on, with a gain...
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥22.36, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Media industry in China. Total loss to shareholders of 2.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.40 per share.
Major Estimate Revision • Nov 04Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥990.0m to CN¥890.0m. EPS estimate fell from CN¥1.08 to CN¥1.03 per share. Net income forecast to grow 14% next year vs 12% growth forecast for Media industry in China. Consensus price target of CN¥21.12 unchanged from last update. Share price fell 8.4% to CN¥16.89 over the past week.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.25 in 3Q 2023). Revenue: CN¥185.9m (down 14% from 3Q 2023). Net income: CN¥35.9m (down 13% from 3Q 2023). Profit margin: 19% (in line with 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Oct 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to CN¥17.90. The fair value is estimated to be CN¥14.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
お知らせ • Sep 30Thinkingdom Media Group Ltd. to Report Q3, 2024 Results on Oct 29, 2024Thinkingdom Media Group Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥18.08, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Media industry in China. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.63 per share.
Buy Or Sell Opportunity • Sep 30Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 3.5% to CN¥18.08. The fair value is estimated to be CN¥14.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
分析記事 • Sep 30Insufficient Growth At Thinkingdom Media Group Ltd. (SHSE:603096) Hampers Share PriceWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 30x, you may consider...
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (down from CN¥0.26 in 2Q 2023). Revenue: CN¥227.9m (down 3.0% from 2Q 2023). Net income: CN¥42.5m (down 1.8% from 2Q 2023). Profit margin: 19% (in line with 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Jul 01Now 29% overvaluedOver the last 90 days, the stock has fallen 3.5% to CN¥17.56. The fair value is estimated to be CN¥13.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 24% in the next 2 years.
お知らせ • Jun 28Thinkingdom Media Group Ltd. to Report First Half, 2024 Results on Aug 17, 2024Thinkingdom Media Group Ltd. announced that they will report first half, 2024 results on Aug 17, 2024
Buy Or Sell Opportunity • Jun 26Now 23% overvaluedOver the last 90 days, the stock has fallen 4.1% to CN¥16.80. The fair value is estimated to be CN¥13.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 24% in the next 2 years.
分析記事 • Jun 05Thinkingdom Media Group's (SHSE:603096) Dividend Will Be Increased To CN¥0.90Thinkingdom Media Group Ltd.'s ( SHSE:603096 ) dividend will be increasing from last year's payment of the same period...
Declared Dividend • Jun 05Dividend increased to CN¥0.90Dividend of CN¥0.90 is 13% higher than last year. Ex-date: 7th June 2024 Payment date: 7th June 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 17% per year over the past 7 years and payments have been stable during that time. Earnings per share is expected to grow by 37% over the next 3 years, which should maintain adequate earnings cover for the dividend.
お知らせ • Apr 29Thinkingdom Media Group Ltd., Annual General Meeting, May 20, 2024Thinkingdom Media Group Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: 1F, Building 5, No. 3, Huayuan Hutong, Dongcheng District, Beijing China
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.28 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.30 (up from CN¥0.28 in 1Q 2023). Revenue: CN¥225.4m (up 10.0% from 1Q 2023). Net income: CN¥48.5m (up 7.8% from 1Q 2023). Profit margin: 22% (in line with 1Q 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Apr 20Now 20% overvaluedOver the last 90 days, the stock has fallen 10% to CN¥16.43. The fair value is estimated to be CN¥13.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.
分析記事 • Apr 17Estimating The Intrinsic Value Of Thinkingdom Media Group Ltd. (SHSE:603096)Key Insights Using the 2 Stage Free Cash Flow to Equity, Thinkingdom Media Group fair value estimate is CN¥13.65...
Price Target Changed • Apr 11Price target decreased by 9.9% to CN¥21.26Down from CN¥23.60, the current price target is an average from 2 analysts. New target price is 27% above last closing price of CN¥16.80. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥1.01 for next year compared to CN¥0.84 last year.
お知らせ • Mar 29Thinkingdom Media Group Ltd. to Report Q1, 2024 Results on Apr 27, 2024Thinkingdom Media Group Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
分析記事 • Mar 07Thinkingdom Media Group Ltd. (SHSE:603096) Surges 31% Yet Its Low P/E Is No Reason For ExcitementThinkingdom Media Group Ltd. ( SHSE:603096 ) shareholders are no doubt pleased to see that the share price has bounced...
Buy Or Sell Opportunity • Feb 23Now 25% overvaluedOver the last 90 days, the stock has fallen 15% to CN¥16.80. The fair value is estimated to be CN¥13.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 63% in the next 2 years.
Buy Or Sell Opportunity • Feb 20Now 20% overvaluedOver the last 90 days, the stock has fallen 20% to CN¥16.03. The fair value is estimated to be CN¥13.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 63% in the next 2 years.
お知らせ • Feb 20Thinkingdom Media Group Ltd. (SHSE:603096) announces an Equity Buyback for CNY 100 million worth of its shares.Thinkingdom Media Group Ltd. (SHSE:603096) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 25 per share. The company intends to use its own funds to repurchase shares. The repurchased shares will be used in equity incentive plans. The share repurchase program will be valid for 3 months.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥14.99, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Media industry in China. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.44 per share.
お知らせ • Dec 29Thinkingdom Media Group Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Thinkingdom Media Group Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.27 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.27 in 3Q 2022). Revenue: CN¥216.7m (down 16% from 3Q 2022). Net income: CN¥41.3m (down 7.0% from 3Q 2022). Profit margin: 19% (up from 17% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 21% per year.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.25 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.25 in 2Q 2022). Revenue: CN¥235.1m (down 1.8% from 2Q 2022). Net income: CN¥43.3m (up 9.2% from 2Q 2022). Profit margin: 18% (up from 17% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 27% per year.
New Risk • Jun 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Dividend is not well covered by earnings (93% payout ratio).
Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥21.71, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Media industry in China. Total loss to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.77 per share.
Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.26 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.28 (up from CN¥0.26 in 1Q 2022). Revenue: CN¥205.0m (flat on 1Q 2022). Net income: CN¥45.0m (up 5.6% from 1Q 2022). Profit margin: 22% (up from 21% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥26.99, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Media industry in China. Total loss to shareholders of 31% over the past three years.
Buying Opportunity • Jan 11Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be CN¥23.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 111% in the next 2 years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Supervisor Xinjin Wang was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.24 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.27 (up from CN¥0.24 in 3Q 2021). Revenue: CN¥257.2m (up 15% from 3Q 2021). Net income: CN¥44.4m (up 17% from 3Q 2021). Profit margin: 17% (in line with 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 30% per year.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.24 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥239.5m (flat on 2Q 2021). Net income: CN¥39.6m (up 1.3% from 2Q 2021). Profit margin: 17% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 14% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 26% per year.
Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥21.85, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Media industry in China. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.69 per share.
Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.26 (down from CN¥0.33 in 1Q 2021). Revenue: CN¥206.7m (down 4.6% from 1Q 2021). Net income: CN¥42.6m (down 21% from 1Q 2021). Profit margin: 21% (down from 25% in 1Q 2021). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 40%. Over the next year, revenue is forecast to grow 19%, compared to a 10% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Apr 27Price target decreased to CN¥25.00Down from CN¥29.00, the current price target is provided by 1 analyst. New target price is 53% above last closing price of CN¥16.39. Stock is down 59% over the past year. The company is forecast to post earnings per share of CN¥1.30 for next year compared to CN¥1.35 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Vice GM, GM of Production & Sales Center and Director Zhu Guoliang was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥34.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Media industry in China. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.01 per share.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.28 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥223.3m (up 2.4% from 3Q 2020). Net income: CN¥37.8m (down 20% from 3Q 2020). Profit margin: 17% (down from 22% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 23Second quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.41 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥240.7m (down 2.4% from 2Q 2020). Net income: CN¥39.1m (down 42% from 2Q 2020). Profit margin: 16% (down from 27% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Aug 20Price target decreased to CN¥45.75Down from CN¥54.50, the current price target is an average from 5 analysts. New target price is 67% above last closing price of CN¥27.38. Stock is down 46% over the past year.
Reported Earnings • Apr 20Full year 2020 earnings released: EPS CN¥1.62 (vs CN¥1.78 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥875.9m (down 5.3% from FY 2019). Net income: CN¥219.7m (down 8.6% from FY 2019). Profit margin: 25% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Feb 05New 90-day low: CN¥40.75The company is down 2.0% from its price of CN¥41.61 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media 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¥24.98 per share.
Is New 90 Day High Low • Dec 06New 90-day high: CN¥53.00The company is up 3.0% from its price of CN¥51.45 on 07 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥21.67 per share.
Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 17% share price gain to CN¥53.00, the stock is trading at a trailing P/E ratio of 33.8x, up from the previous P/E ratio of 28.8x. This compares to an average P/E of 33x in the Media industry in China. Total return to shareholders over the past three years is a loss of 13%.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥212.7m, down 16% from the prior year. Total revenue was CN¥887.5m over the last 12 months, down 5.9% from the prior year.
お知らせ • Oct 28Thinkingdom Media Group Ltd. to Report Q3, 2020 Results on Oct 30, 2020Thinkingdom Media Group Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
Is New 90 Day High Low • Oct 21New 90-day low: CN¥48.17The company is down 25% from its price of CN¥63.81 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media 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¥21.91 per share.
お知らせ • Jul 09Thinkingdom Media Group Ltd. to Report First Half, 2020 Results on Aug 22, 2020Thinkingdom Media Group Ltd. announced that they will report first half, 2020 results on Aug 22, 2020