View ValuationThinkingdom Media Group 향후 성장Future 기준 점검 1/6Thinkingdom Media Group 의 수익은 연간 1.7% 감소할 것으로 예상되는 반면, 연간 수익은 12.9% 로 증가할 것으로 예상됩니다. EPS는 연간 12.5% 만큼 성장할 것으로 예상됩니다.핵심 정보12.9%이익 성장률12.51%EPS 성장률Media 이익 성장28.2%매출 성장률-1.7%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트06 May 2026최근 향후 성장 업데이트Price 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.모든 업데이트 보기Recent updates공시 • 12hThinkingdom 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.공시 • Apr 23Thinkingdom 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).공시 • 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, 2026공시 • 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.공시 • 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.공시 • 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.공시 • 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 China공시 • 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, 2025공시 • 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, 2025분석 기사 • 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.공시 • 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.분석 기사 • 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.공시 • 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.분석 기사 • 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.공시 • 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.분석 기사 • 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.공시 • 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, 2024분석 기사 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2020이익 및 매출 성장 예측SHSE:603096 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202760993N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 603096 의 연간 예상 수익 증가율(12.9%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 603096 의 연간 수익(12.9%)이 CN 시장(27.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 603096 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 603096 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -1.7%).고성장 매출: 603096 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -1.7%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: 603096의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/30 13:47종가2026/06/30 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Thinkingdom Media Group Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xueqing ZhangChina International Capital Corporation LimitedZheng WangEverbright Securities Co. Ltd.Yuncong MaoHaitong International Research Limited1명의 분석가 더 보기
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.
공시 • 12hThinkingdom 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.
공시 • Apr 23Thinkingdom 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).
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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
공시 • 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
분석 기사 • 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.
공시 • 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.
분석 기사 • 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.
공시 • 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.
분석 기사 • 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.
공시 • 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.
분석 기사 • 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.
공시 • 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
분석 기사 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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