Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Janet Yang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • May 20
IMAX China Holding, Inc., Annual General Meeting, Jun 11, 2026 IMAX China Holding, Inc., Annual General Meeting, Jun 11, 2026, at 19:00 China Standard Time. Location: 2f ks meeting room, andaz xintiandi, shanghai, 88 songshan road, huangpu district, shanghai., China お知らせ • Feb 10
IMAX China Holding, Inc. to Report Fiscal Year 2025 Results on Feb 25, 2026 IMAX China Holding, Inc. announced that they will report fiscal year 2025 results on Feb 25, 2026 お知らせ • Jul 11
IMAX China Holding, Inc. to Report First Half, 2025 Results on Jul 24, 2025 IMAX China Holding, Inc. announced that they will report first half, 2025 results on Jul 24, 2025 お知らせ • May 21
IMAX China Holding, Inc., Annual General Meeting, Jun 12, 2025 IMAX China Holding, Inc., Annual General Meeting, Jun 12, 2025, at 07:00 China Standard Time. Location: 2f ks meeting room, andaz xintiandi, shanghai, 88 songshan road, huangpu district, shanghai., China お知らせ • Feb 07
IMAX China Holding, Inc. to Report Fiscal Year 2024 Final Results on Feb 19, 2025 IMAX China Holding, Inc. announced that they will report fiscal year 2024 final results on Feb 19, 2025 Reported Earnings • Jul 29
First half 2024 earnings released: EPS: US$0.037 (vs US$0.041 in 1H 2023) First half 2024 results: EPS: US$0.037 (down from US$0.041 in 1H 2023). Revenue: US$43.9m (down 3.2% from 1H 2023). Net income: US$12.6m (down 8.8% from 1H 2023). Profit margin: 29% (down from 31% in 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year. お知らせ • Jul 16
IMAX China Holding, Inc. to Report Q2, 2024 Results on Jul 25, 2024 IMAX China Holding, Inc. announced that they will report Q2, 2024 results on Jul 25, 2024 Recent Insider Transactions • Jun 13
Executive Director recently sold €52k worth of stock On the 7th of June, Jim Athanasopoulos sold around 54k shares on-market at roughly €0.97 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €293k more than they bought in the last 12 months. お知らせ • May 18
IMAX China Holding, Inc., Annual General Meeting, Jun 07, 2024 IMAX China Holding, Inc., Annual General Meeting, Jun 07, 2024, at 07:00 China Standard Time. Location: 2f ks meeting, room, andaz xintiandi, shanghai, 88 songshan road, huangpu district, shanghai China Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: US$0.08 (vs US$0.032 in FY 2022) Full year 2023 results: EPS: US$0.08 (up from US$0.032 in FY 2022). Revenue: US$87.0m (up 19% from FY 2022). Net income: US$27.5m (up 156% from FY 2022). Profit margin: 32% (up from 15% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. お知らせ • Feb 28
IMAX China Holding, Inc. Announces Board Changes IMAX China Holding, Inc. announced that Ms. Mei-Hui (Jessie) CHOU has retired as an executive Director of the company with effect from 27 February 2024, in pursuit of her retirement plan. The Board further announces that Mr. Daniel Wade Manwaring ("Mr. Manwaring") has been appointed as an executive Director with effect from 27 February 2024. Mr. Manwaring, aged 39, has been appointed as the Chief Executive Officer of the Company since 9 January 2023. He is responsible for the day-to-day management of the business and operations of the Company. Prior to joining the Company, Mr. Manwaring spent nearly 10 years with Creative Artists Agency ("CAA"), a well-known talent agency, in various roles, including as Head of Media Finance (Asia) from January 2020 to December 2022, Head of Motion Pictures China from January 2018 to December 2020, and as an agent from January 2013 to December 2018. Mr. Manwaring was the founder of AF Design, an auto parts business for luxury cars which was closed in January 2013, from October 2011 to December 2012. Mr. Manwaring was also a Senior Financial Analyst of China Hydroelectric Corporation (NYSE: CHC) from October 2008 to October 2011 and a Financial Analyst of Friedland Capital Inc. from May 2007 to October 2008. Mr. Manwaring graduated from the University of Florida, the United States, with a Bachelor of Science in Finance and a Bachelor of Arts in Chinese Language and Culture, in May 2008. Mr. Manwaring has been based in China since 2006 and is fluent in Mandarin. He also took Chinese courses at Tsinghua University in China. He holds directorship or legal representative positions in certain subsidiaries of the company. New Risk • Feb 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change). お知らせ • Feb 21
IMAX China Holding, Inc. Announces Director Changes IMAX China Holding, Inc. announced that Ms. Dawn Taubin has resigned as an independent non-executive director and a member of the Audit Committee of the Company, and Ms. Janet Yang has been appointed as an independent non-executive director and a member of the Audit Committee of the Company, both with effect from 20 February 2024. Ms. Yang, aged 67, has been appointed as an independent non-executive director and a member of the Audit Committee of the Company with effect from 20 February 2024. Ms. Yang is a Founder and President of Janet Yang Productions since 1998. She is a film producer and President of the Academy of Motion Pictures Arts and Sciences. She also serves as a member of the Committeeof 100, a leadership organization of prominent Chinese-Americans. Ms. Yang graduated from Brown University with a bachelor's degree in International Relations in June 1978 and graduated from Columbia University with an MBA in Business Administration in June 1984. She was also avisiting student at Harvard University in East Asian Studies from 1976 to 1978. お知らせ • Feb 16
IMAX China Holding, Inc. to Report Fiscal Year 2023 Final Results on Feb 27, 2024 IMAX China Holding, Inc. announced that they will report fiscal year 2023 final results on Feb 27, 2024 New Risk • Jan 23
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 German stocks, typically moving 8.5% 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. Board Change • Nov 01
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Peter Loehr was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. お知らせ • Oct 11
IMAX Corporation (NYSE:IMAX) cancelled the acquisition of 28.366457% stake in IMAX China Holding, Inc. (SEHK:1970) from a group of shareholders. IMAX Corporation (NYSE:IMAX) entered into scheme of arrangement to acquire 28.366457% stake in IMAX China Holding, Inc. (SEHK:1970) from a group of shareholders for HKD 1 billion on July 12, 2023. As reported, IMAX Corporation will acquire 96.3 million shares in IMAX China for approximately HKD 10 per share in cash. Upon approval of the offer and the scheme of arrangement, IMAX Corporation will own 100% of IMAX China. IMAX Corporation intends to finance the transaction in full through its internal cash resources and/or external debt financing. The acquisition of IMAX China is subject to customary closing conditions, including the receipt of IMAX China shareholder, sanctioning of the privatization proposal by the Cayman Grand Court and other approvals. The offer has been approved by both IMAX Corporation and IMAX China's Boards of Directors. As on August 31, 2023, Jim ATHANASOPOULOS, Jiande CHEN, Mei-Hui (Jessie) CHOU, Ka Long Karen CHAN, Tseng Kai TSAO and Xueqing ZHANG, also entered into an irrevocable undertaking in favour of the IMAX Corporation. The transaction was reviewed and approved by the Independent Board Committee ("IBC") at the recommendation of the Independent Financial Advisor. The transaction is expected to close later in 2023. The transaction is expected to close by December 31, 2023. The transaction will be immediately earnings accretive. IMAX China has scheduled an Extraordinary Shareholders Meeting to approve the proposed transaction with IMAX for October 10, 2023. Morgan Stanley Asia Limited acted as financial advisor and Freshfields Bruckhaus Deringer LLP, Hong Kong acted as legal advisor to IMAX Corporation. Slaughter and May acted as financial advisor to Morgan Stanley Asia Limited. Somerley Capital Limited acted as Independent Financial Adviser to the Independent Board Committee. IMAX Corporation (NYSE:IMAX) cancelled the acquisition of 28.366457% stake in IMAX China Holding, Inc. (SEHK:1970) from a group of shareholders on October 10, 2023. Recent Insider Transactions • Aug 08
Executive Director recently sold €190k worth of stock On the 3rd of August, Jim Athanasopoulos sold around 171k shares on-market at roughly €1.11 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €646k more than they bought in the last 12 months. Reported Earnings • Jul 31
First half 2023 earnings released: EPS: US$0.041 (vs US$0.002 in 1H 2022) First half 2023 results: EPS: US$0.041 (up from US$0.002 in 1H 2022). Revenue: US$45.3m (up 39% from 1H 2022). Net income: US$13.9m (up US$13.1m from 1H 2022). Profit margin: 31% (up from 2.3% in 1H 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Jul 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% 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 (10% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to €1.06, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Entertainment industry in Europe. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €0.69 per share. お知らせ • Jul 14
IMAX China Holding, Inc. to Report First Half, 2023 Results on Jul 26, 2023 IMAX China Holding, Inc. announced that they will report first half, 2023 results on Jul 26, 2023 お知らせ • Jun 08
Imax China Holding, Inc. Approves Final Dividend for the Year Ended 31 December 2022 IMAX China Holding, Inc. approved final dividend of USD 0.015 per share (equivalent to HKD 0.117 per share) for the year ended 31 December 2022 at its AGM held on 7 June 2023. Upcoming Dividend • Jun 02
Upcoming dividend of HK$0.12 per share at 2.0% yield Eligible shareholders must have bought the stock before 09 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.1%). お知らせ • May 17
Max China Holding, Inc. Proposes Final Dividend for the Year Ended December 31, 2022, Payable on June 23, 2023 IMAX China Holding, Inc. proposed final dividend of USD 0.015 per share for the year ended December 31, 2022. Ex dividend date is June 9, 2023. Record date is June 15, 2023. Payment date is June 23, 2023. Default currency and amount in which the dividend will be paid is HKD 0.117 per share. Recent Insider Transactions • Mar 16
Chief Marketing Officer recently sold €87k worth of stock On the 14th of March, Mei-Hui Chou sold around 83k shares on-market at roughly €1.04 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €159k. Insiders have been net sellers, collectively disposing of €445k more than they bought in the last 12 months. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$0.03 (vs US$0.11 in FY 2021) Full year 2022 results: EPS: US$0.03 (down from US$0.11 in FY 2021). Revenue: US$73.3m (down 35% from FY 2021). Net income: US$10.8m (down 72% from FY 2021). Profit margin: 15% (down from 34% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. お知らせ • Feb 08
IMAX China Holding, Inc. to Report Fiscal Year 2022 Results on Feb 23, 2023 IMAX China Holding, Inc. announced that they will report fiscal year 2022 results on Feb 23, 2023 Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improved over the past week After last week's 15% share price gain to €1.22, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Entertainment industry in Europe. Total loss to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.50 per share. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improved over the past week After last week's 29% share price gain to €1.05, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Entertainment industry in Europe. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.55 per share. Recent Insider Transactions • Dec 26
Interim CEO & Executive Vice Chairman recently sold €159k worth of stock On the 20th of December, Jiande Chen sold around 150k shares on-market at roughly €1.06 per share. This transaction amounted to 96% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jiande has been a net seller over the last 12 months, reducing personal holdings by €189k. お知らせ • Dec 13
IMAX China Holding, Inc. Announces Chief Executive Officer Changes IMAX China Holding, Inc. announced that Mr. Daniel Wade Manwaring has been appointed as the chief executive officer of the Company, with effect from January 9, 2023. Mr. Jiande Chen, the Interim CEO of the Company, will return to his full-time position as Vice Chairman of the Company, and will remain as an executive director of the Company, with effect from January 9, 2023. Mr. Chen will work closely with Mr. Manwaring day-to-day as Mr. Manwaring transitions into his new role. Mr. Chen has confirmed that he has no disagreement with the Board and he is not aware of any matter relating to his resignation as the Interim CEO of the Company that needs to be brought to the attention of the shareholders of the Company. Mr. Manwaring, aged 38, will be responsible for the day-to-day management of the business and operations of the Company. Prior to joining the Company, Mr. Manwaring spent nearly 10 years with Creative Artists Agency ("CAA"), a well-known talent agency, in various roles, including as Head of Media Finance (Asia) from January 2020 to December 2022, Head of Motion Pictures China from January 2018 to December 2020, and as an agent from January 2013 to December 2018. Mr. Manwaring was the founder of AF Design, an auto parts business for luxury cars which was closed in January 2013, from October 2011 to December 2012. Mr. Manwaring was also a Senior Financial Analyst of China Hydroelectric Corporation (NYSE: CHC) from October 2008 to October 2011 and a Financial Analyst of Friedland Capital Inc. from May 2007 to October 2008. Mr. Manwaring graduated from the University of Florida, the United States, with a Bachelor of Science in Finance and a Bachelor of Arts in Chinese Language and Culture, in May 2008. Mr. Manwaring has been based in China since 2006 and is fluent in Mandarin. He also took Chinese courses at Tsinghua University in China. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 70% share price gain to €1.14, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Entertainment industry in Europe. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.61 per share. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Peter Loehr was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. お知らせ • Oct 01
IMAX China Holding, Inc. Announces Executive Changes The board of directors of IMAX China Holding, Inc. announced that due to change in personnel, Ms. Chan Wai Ling (Ms. Chan) has resigned from and Ms. Ho Wing Tsz Wendy (Ms. Wendy Ho) has been appointed to the following positions of the company with effect from 30 September 2022: (i) Joint company secretary of the company; (ii) Authorized representative pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and (iii) Agent for the service of process and notices on behalf of the Company in Hong Kong as required under Rule 19.05(2) of the Listing Rules. After the aforesaid changes, Ms. He Yifan (Yvonne) (Ms. He) will continue to serve as the other Joint Company Secretary. Ms. Wendy Ho is currently an Executive Director of Corporate Services of Tricor Services Limited, Asia's leading Business Expansion Specialist. Ms. Wendy Ho has been providing corporate secretarial and compliance services to Hong Kong listed companies as well as multinational, private and offshore companies. Ms. Wendy Ho has over 25 years of experience in the corporate secretarial and compliance service field. Ms. Wendy Ho is currently acting as the company secretary or joint company secretary of a few listed companies on the Stock Exchange. Ms. Wendy Ho is a Chartered Secretary, a Chartered Governance Professional and a Fellow of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. Reported Earnings • Jul 31
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down US$19.2m from profit in 1H 2021). Profit margin: (down from 36% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 12%, compared to a 131% growth forecast for the industry in Germany. お知らせ • Jul 30
IMAX China Holding, Inc. Declares Interim Dividend for the Six Months Ended 30 June 2022 Payable on 26 August 2022 The Board of Directors of the IMAX China Holding, Inc. has declared an interim dividend of USD 0.001 per share (equivalent to HKD 0.008 per share) for the six months ended 30 June 2022 to the Shareholders. The interim dividend will be paid on 26 August 2022 to the Shareholders whose names appear on the register of members of the Company as at the close of business on 15 August 2022. There will be no scrip dividend option for the 2022 interim dividend. お知らせ • Jul 14
IMAX China Holding, Inc. to Report First Half, 2022 Results on Jul 28, 2022 IMAX China Holding, Inc. announced that they will report first half, 2022 results on Jul 28, 2022 お知らせ • Jun 24
IMAX China Holding, Inc. Proposes Final Ordinary Dividend for the Year Ended December 31, 2021, Payable on July 11, 2022 IMAX China Holding, Inc. proposed a final ordinary dividend of USD 0.027 per share (equivalent to approximately HKD 0.21 per share) for the year ended 31 December 2021 to the shareholders, subject to shareholders' meeting to be held on 23 June 2022. Payment date is July 11, 2022. Ex-dividend date is June 27, 2022. Record date is July 04, 2022. Upcoming Dividend • Jun 20
Upcoming dividend of HK$0.21 per share Eligible shareholders must have bought the stock before 27 June 2022. Payment date: 11 July 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.9%). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Peter Loehr was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Apr 23
IMAX China Holding, Inc., Annual General Meeting, May 26, 2022 IMAX China Holding, Inc., Annual General Meeting, May 26, 2022, at 07:00 China Standard Time. Location: at Meeting Room 4, Shanghai Mar iot Hotel City Centre 555 Xi Zang (Middle) Road, Huangpu District, Shanghai China Agenda: To receive the audited consolidated financial statements of the Company and the reports of the directors and auditors for the year ended 31 December 2021; to declare a final dividend of USD 0.027 per Share (equivalent to approximately HKD 0.210 per Share) for the year ended 31 December 2021; to consider the re-election of directors; to authorize the board of directors to fix the respective directors' remuneration; to re-appoint PricewaterhouseCoopers as auditors and to authorize the board of directors to fix their remuneration; to consider the a general mandate be and is hereby general y and unconditional y given to the directors of the Company to exercise during the Relevant Period al the powers of the Company to buy back its shares on The Stock Exchange of Hong Kong Limited in accordance with al applicable laws, rules and regulations; and to consider the other matters. お知らせ • Apr 22
IMAX China Holding, Inc. Proposes Final Ordinary Dividend for the Year Ended December 31, 2021, Payable on June 10, 2022 IMAX China Holding, Inc. proposes a final ordinary dividend of $0.027 per share (equivalent to approximately HKD 0.21 per share) for the year ended 31 December 2021 to the shareholders. Payment date is 10 June 2022. Ex-dividend date is 30 May 2022. Record date is 06 June 2022. Recent Insider Transactions • Mar 21
CEO & Executive Director recently sold €39k worth of stock On the 14th of March, Edwin Tan sold around 36k shares on-market at roughly €1.10 per share. This was the largest sale by an insider in the last 3 months. Edwin has been a seller over the last 12 months, reducing personal holdings by €122k. Reported Earnings • Mar 01
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.11 (up from US$0.077 loss in FY 2020). Revenue: US$112.8m (up 116% from FY 2020). Net income: US$38.2m (up US$65.0m from FY 2020). Profit margin: 34% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 7.8%. Over the next year, revenue is forecast to grow 5.5%, compared to a 336% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. お知らせ • Feb 24
IMAX China Holding, Inc. Approves the Payment of a Final Cash Dividend IMAX China Holding, Inc. announced that its Board of Directors approved the payment of a final cash dividend of USD 0.027 per share, or approximately USD 9.2 million in total, based on the total number of shares in issue as of December 31, 2021. The dividend payment is based on an increased payout ratio of 50% of net income from 2021 onwards, up from 33% during the pre-COVID years of 2017 to 2019. Recent Insider Transactions • Jan 05
Insider recently bought €288k worth of stock On the 29th of December, Shigang Liao bought around 2m shares on-market at roughly €0.19 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €146k more in shares than they bought in the last 12 months. Recent Insider Transactions • Aug 12
CFO, COO & Executive Director recently sold €76k worth of stock On the 11th of August, Jim Athanasopoulos sold around 66k shares on-market at roughly €1.15 per share. This was the largest sale by an insider in the last 3 months. This was Jim's only on-market trade for the last 12 months. Upcoming Dividend • Aug 04
Upcoming dividend of HK$0.22 per share Eligible shareholders must have bought the stock before 11 August 2021. Payment date: 27 August 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 02
First half 2021 earnings released: EPS US$0.055 (vs US$0.10 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$53.4m (up US$46.8m from 1H 2020). Net income: US$19.2m (up US$54.4m from 1H 2020). Profit margin: 36% (up from net loss in 1H 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. お知らせ • Jul 20
IMAX China Holding, Inc. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021 IMAX China Holding, Inc. provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the group is expected the net profit attributable to owners of the Company to be recorded by the Group for the Interim Period is expected to be approximately USD 19 million to USD 20 million, compared to a net loss attributable to owners of approximately USD 35 million for the corresponding period of 2020. Recent Insider Transactions • May 08
Non-Executive Vice Chairman recently sold €81k worth of stock On the 4th of May, Jiande Chen sold around 47k shares on-market at roughly €1.74 per share. In the last 3 months, they made an even bigger sale worth €148k. Jiande has been a seller over the last 12 months, reducing personal holdings by €229k. お知らせ • May 07
IMAX China Holding, Inc. Declares Final Dividend for the Year Ended 31 December 2020 IMAX China Holding, Inc. declared a final dividend of USD 0.02 per share (equivalent to approximately HKD 0.155 per share) for the year ended 31 December 2020 at the annual general meeting held on 6 May 2021. Upcoming Dividend • May 06
Upcoming dividend of HK$0.15 per share Eligible shareholders must have bought the stock before 13 May 2021. Payment date: 01 June 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.1%). In line with average of industry peers (1.9%). Reported Earnings • Apr 02
Full year 2020 earnings released: US$0.077 loss per share (vs US$0.12 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$52.3m (down 58% from FY 2019). Net loss: US$26.7m (down 162% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 17
Non-Executive Vice Chairman recently sold €148k worth of stock On the 10th of March, Jiande Chen sold around 86k shares on-market at roughly €1.71 per share. This was the largest sale by an insider in the last 3 months. This was Jiande's only on-market trade for the last 12 months. Reported Earnings • Mar 06
Full year 2020 earnings released: US$0.08 loss per share (vs US$0.12 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$52.3m (down 58% from FY 2019). Net loss: US$26.7m (down 162% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 66% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 06
Revenue beats expectations Revenue exceeded analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 111%, compared to a 4.0% growth forecast for the Entertainment industry in Germany. お知らせ • Mar 05
IMAX China Holding, Inc. Announces Appointment of Joint Company Secretary The board of IMAX China Holding, Inc. announced that Ms. Yifan (Yvonne) He has been appointed as a joint company secretary of the company on March 4, 2021. Ms. He started working for the Company on December 1, 2020 as the general counsel. She has been and is responsible for overseeing the legal, regulatory and administrative matters of the group, including handling day-to-day Listing Rules compliance matters with the assistance of Ms. Chan Wai Ling, the current joint company secretary of the Company, who will continue to act as a joint company secretary. Prior to joining the Company, Ms. He worked as the head of Legal Department, Asia Pacific, at Kennametal Inc. Is New 90 Day High Low • Feb 18
New 90-day high: €1.93 The company is up 26% from its price of €1.53 on 19 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.59 per share. お知らせ • Feb 04
IMAX China Holding, Inc. to Report Fiscal Year 2020 Results on Mar 04, 2021 IMAX China Holding, Inc. announced that they will report fiscal year 2020 results on Mar 04, 2021 Is New 90 Day High Low • Feb 02
New 90-day low: €1.31 The company is down 3.0% from its price of €1.35 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.56 per share. お知らせ • Jan 31
IMAX China Holding, Inc. Announces Executive Changes The board of directors of IMAX China Holding, Inc. announce that Mr. Edwin Tan has been appointed as an executive Director with effect from 29 January 2021. The Board further announced that Mr. Jiande Chen has been re-designated from an executive Director to a non-executive Director and has been appointed as the Vice Chairman of the Board with effect from 29 January 2021. Is New 90 Day High Low • Nov 10
New 90-day high: €1.43 The company is up 13% from its price of €1.26 on 11 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.45 per share. お知らせ • Jul 17
IMAX China Holding, Inc. to Report First Half, 2020 Results on Jul 28, 2020 IMAX China Holding, Inc. announced that they will report first half, 2020 results on Jul 28, 2020 
