View ValuationMaoyan Entertainment 향후 성장Future 기준 점검 3/6Maoyan Entertainment (는) 각각 연간 19.5% 및 6.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 24.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 5.7% 로 예상됩니다.핵심 정보19.5%이익 성장률24.36%EPS 성장률Entertainment 이익 성장15.4%매출 성장률6.8%향후 자기자본이익률5.69%애널리스트 커버리지Good마지막 업데이트21 Aug 2026최근 향후 성장 업데이트공고 • Jul 25Maoyan Entertainment Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended June 30, 2026Maoyan Entertainment provided preliminary unaudited consolidated group earnings guidance for the six months ended June 30, 2026. For the period, the group expects revenue to be in the range between approximately RMB 1,750.0 million and RMB 1,850.0 million, which represents a decrease of approximately 25.2% to 29.2% as compared to revenue for the six months ended June 30, 2025 (1H2025) of RMB 2,472.2 million; and the Group expects to record a loss attributable to the owners of the Company ranging between approximately RMB 5.0 million and RMB 55.0 million, as compared to a profit attributable to the owners of the Company for 1H2025 of RMB 178.5 million. Based on information currently available, the loss mentioned above is primarily attributable to the following factors: the total box office of China's film market in 1H2026 was RMB 17.354 billion, representing a year-on-year decrease of 40.6% as compared to 1H2025, and the number of moviegoers was 421 million, representing a year-on-year decrease of 34.3% as compared to 1H2025 (according to the data of Maoyan Pro. Moreover, due to factors such as the insufficient supply of blockbuster films and fluctuations in viewing demand in the movie market, the box office performance of certain films in which the Group participated fell short of expectations during the Reporting Period; with the live performance market continuing to thrive, the Group also continued to increase its investment in the performance business to further expand its strengths and enhance its competitiveness; owing to the temporary pressures facing the Chinese film industry, the operating conditions of certain partners of the Group came under strain. Acting in accordance with the principle of prudence, the Group made impairment provisions for other receivables due from such partners, with an impairment amount expected to be no more than RMB 100.0 million. The Company also actively pursued the recovery of such other receivables and took necessary legal measures.공고 • Aug 04Maoyan Entertainment Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022The board of directors of the Maoyan Entertainment announced that, based on the information currently available to the Company and its preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended June 30, 2022 the revenue of the Group for first half 2022 is expected to range between approximately RMB 1,150 million and RMB 1,250 million, as compared to the revenue of the Group for the six months ended June 30, 2021 of RMB 1,799.8 million; and the profit attributable to the owners of the Company for first half 2022 is expected to range between approximately RMB 130 million and RMB 180 million, as compared to the profit attributable to the owners of the Company for first half 2021 of approximately 387.1 million. The aforesaid decline in revenue and profit was mainly due to the impact of the resurgence of Covid-19 during first half 2022, during which the operating rate of cinemas in the PRC decreased compared with that during first half 2021, in particular, the operating rate of cinemas nationwide was once below 50% (according to the data from Maoyan Pro from March to May 2022, and the release schedule of a number of films has been adjusted and postponed. The operating activities and the performance of each business segment of the Group were therefore adversely affected.공고 • Feb 27Maoyan Entertainment Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021Maoyan Entertainment provided consolidated earnings guidance for the year ended December 31, 2021. The revenue of the Group for fiscal year 2021 is expected to range between approximately RMB 3,300 million and RMB 3,400 million, which represents an increase of approximately 141.6% to 149.0% as compared to the revenue of the Group for the year ended December 31, 2020 ("FY2020") of RMB 1,365.7 million; the net profit attributable to the owners of the company to be recorded by the group for fiscal year 2021 is expected to range between approximately RMB 350 million and RMB 400 million, while the Group recorded a net loss attributable to the owners of the company of approximately RMB 646.3 million for fiscal year 2020.공고 • Aug 04Maoyan Entertainment Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2021Maoyan Entertainment provided consolidated earnings guidance for the six months ended June 30, 2021. The revenue of the Group for first half 2021 is expected to range between approximately RMB 1,750.0 million and RMB 1,850.0 million, which represents an increase of approximately 761.6% to 810.9% as compared to the revenue of the Group for the six months ended June 30, 2020 of RMB 203.1 million; and the Group expects to record a profit attributable to the owners of the Company for first half 2021 ranging between approximately RMB 350.0 million and RMB 400.0 million, which represents a turnaround from the net loss attributable to the owners of the Company of approximately RMB 430.7 million recorded for first half 2020.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • Aug 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €0.51. The fair value is estimated to be €0.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 6.6%. For the next 3 years, revenue is forecast to grow by 0.8% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period.공고 • Jul 25Maoyan Entertainment Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended June 30, 2026Maoyan Entertainment provided preliminary unaudited consolidated group earnings guidance for the six months ended June 30, 2026. For the period, the group expects revenue to be in the range between approximately RMB 1,750.0 million and RMB 1,850.0 million, which represents a decrease of approximately 25.2% to 29.2% as compared to revenue for the six months ended June 30, 2025 (1H2025) of RMB 2,472.2 million; and the Group expects to record a loss attributable to the owners of the Company ranging between approximately RMB 5.0 million and RMB 55.0 million, as compared to a profit attributable to the owners of the Company for 1H2025 of RMB 178.5 million. Based on information currently available, the loss mentioned above is primarily attributable to the following factors: the total box office of China's film market in 1H2026 was RMB 17.354 billion, representing a year-on-year decrease of 40.6% as compared to 1H2025, and the number of moviegoers was 421 million, representing a year-on-year decrease of 34.3% as compared to 1H2025 (according to the data of Maoyan Pro. Moreover, due to factors such as the insufficient supply of blockbuster films and fluctuations in viewing demand in the movie market, the box office performance of certain films in which the Group participated fell short of expectations during the Reporting Period; with the live performance market continuing to thrive, the Group also continued to increase its investment in the performance business to further expand its strengths and enhance its competitiveness; owing to the temporary pressures facing the Chinese film industry, the operating conditions of certain partners of the Group came under strain. Acting in accordance with the principle of prudence, the Group made impairment provisions for other receivables due from such partners, with an impairment amount expected to be no more than RMB 100.0 million. The Company also actively pursued the recovery of such other receivables and took necessary legal measures.Buy Or Sell Opportunity • Jul 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to €0.53. The fair value is estimated to be €0.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 6.6%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings are also forecast to grow by 3.4% per annum over the same time period.Declared Dividend • May 21Dividend of HK$0.22 announcedShareholders will receive a dividend of HK$0.22. Ex-date: 25th June 2026 Payment date: 21st August 2026 Dividend yield will be 37%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (19% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Mar 27+ 1 more updateMaoyan Entertainment announces Annual dividend, payable on August 21, 2026Maoyan Entertainment announced Annual dividend of HKD 0.2200 per share payable on August 21, 2026, ex-date on June 25, 2026 and record date on June 26, 2026.공고 • Mar 16Maoyan Entertainment to Report Fiscal Year 2025 Results on Mar 27, 2026Maoyan Entertainment announced that they will report fiscal year 2025 results on Mar 27, 2026공고 • Aug 15Maoyan Entertainment to Report First Half, 2025 Results on Aug 25, 2025Maoyan Entertainment announced that they will report first half, 2025 results on Aug 25, 2025공고 • Jun 26Maoyan Entertainment Approves Final Dividend for Year Ended 31 December 2024Maoyan Entertainment at its AGM held on June 25, 2025 approved to declare a final dividend of HKD 0.32 per share of the Company, with a scrip dividend option, for the year ended 31 December 2024.공고 • Mar 27+ 1 more updateMaoyan Entertainment Proposes Ordinary Final Cash Dividend for the Year Ended 31 December 2024, Payable on 22 August 2025Maoyan Entertainment proposed ordinary final cash dividend of HKD 0.32 per share for the year ended 31 December 2024, payable on 22 August 2025. Record date is 04 July 2025. Ex-dividend date is 27 June 2025. Date of shareholders' approval is 25 June 2025.공고 • Mar 17Maoyan Entertainment to Report Fiscal Year 2024 Results on Mar 27, 2025Maoyan Entertainment announced that they will report fiscal year 2024 results on Mar 27, 2025New Risk • Sep 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% 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.Reported Earnings • Aug 28First half 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.35 in 1H 2023)First half 2024 results: EPS: CN¥0.25 (down from CN¥0.35 in 1H 2023). Revenue: CN¥2.17b (down 1.2% from 1H 2023). Net income: CN¥284.8m (down 30% from 1H 2023). Profit margin: 13% (down from 19% in 1H 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.공고 • Aug 15Maoyan Entertainment to Report First Half, 2024 Results on Aug 26, 2024Maoyan Entertainment announced that they will report first half, 2024 results on Aug 26, 2024Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.80 (vs CN¥0.092 in FY 2022)Full year 2023 results: EPS: CN¥0.80 (up from CN¥0.092 in FY 2022). Revenue: CN¥4.76b (up 105% from FY 2022). Net income: CN¥910.4m (up CN¥805.2m from FY 2022). Profit margin: 19% (up from 4.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 24Full year 2023 earnings released: EPS: CN¥0.80 (vs CN¥0.092 in FY 2022)Full year 2023 results: EPS: CN¥0.80 (up from CN¥0.092 in FY 2022). Revenue: CN¥4.76b (up 105% from FY 2022). Net income: CN¥910.4m (up CN¥805.2m from FY 2022). Profit margin: 19% (up from 4.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공고 • Mar 22Maoyan Entertainment, Annual General Meeting, Jun 26, 2024Maoyan Entertainment, Annual General Meeting, Jun 26, 2024.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €1.22, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 9x 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 €1.24 per share.공고 • Mar 12Maoyan Entertainment to Report Fiscal Year 2023 Results on Mar 21, 2024Maoyan Entertainment announced that they will report fiscal year 2023 results on Mar 21, 2024Buy Or Sell Opportunity • Feb 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to €1.00. The fair value is estimated to be €1.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 72% in 2 years. Earnings are forecast to grow by 180% in the next 2 years.New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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.Buying Opportunity • Dec 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €1.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 73% in 2 years. Earnings is forecast to grow by 176% in the next 2 years.Buying Opportunity • Oct 10Now 20% undervaluedOver the last 90 days, the stock is up 25%. The fair value is estimated to be €1.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 68% in 2 years. Earnings is forecast to grow by 155% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €1.37, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Entertainment industry in Europe. Total loss to shareholders of 1.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.19 per share.Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.25, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Entertainment industry in Europe. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.35 per share.Reported Earnings • Aug 20First half 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.13 in 1H 2022)First half 2023 results: EPS: CN¥0.35 (up from CN¥0.13 in 1H 2022). Revenue: CN¥2.20b (up 84% from 1H 2022). Net income: CN¥406.6m (up 168% from 1H 2022). Profit margin: 19% (up from 13% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공고 • Aug 09Maoyan Entertainment to Report First Half, 2023 Results on Aug 17, 2023Maoyan Entertainment announced that they will report first half, 2023 results on Aug 17, 2023Buying Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.7%. The fair value is estimated to be €1.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 52% per annum over the same time period.Reported Earnings • Mar 25Full year 2022 earnings released: EPS: CN¥0.092 (vs CN¥0.32 in FY 2021)Full year 2022 results: EPS: CN¥0.092 (down from CN¥0.32 in FY 2021). Revenue: CN¥2.32b (down 30% from FY 2021). Net income: CN¥105.2m (down 72% from FY 2021). Profit margin: 4.5% (down from 11% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% 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 31% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.07, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Entertainment industry in Europe. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.12 per share.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to €1.08, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Online Retail industry in Europe. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €0.49 per share.공고 • Nov 17Maoyan Entertainment Announces Change of Non-Executive DirectorThe board of Maoyan Entertainment hereby announces that, on November 16, 2022, Mr. Cheng Wu has tendered his resignation as a non-executive Director with effect from November 16, 2022 due to personal work arrangement. The Board announced that, on November 16, 2022, Mr. Sun Zhonghuai has been appointed as a non-executive Director with effect from November 16, 2022. Mr. Sun, aged 49, has 19 years of experience in media industry and management. He joined Tencent Holdings Limited in July 2003 and currently serves as Vice President of Tencent and CEO of Tencent Video. Mr. Sun was appointed as a director of Linmon Media Limited on August 31, 2021, and re-designated as its non-executive director on September 24, 2021. Mr. Sun obtained an Executive Master of Business Administration degree from Renmin University of China in June 2009.Board Change • Nov 16Less than half of directors are independentFollowing 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. 8 non-independent directors. Independent Non-Executive Director Hong Yin was the last independent 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.공고 • Oct 14Maoyan Entertainment Announces Resignation of Mr. Gu Sibin as PresidentMaoyan Entertainment announces that, on September 30, 2022, Mr. Gu Sibin ("Mr. Gu") tendered his resignation as the president of the Company witheffect from the even date to pursue his other personal goals which require more of his time and dedication.Reported Earnings • Aug 19First half 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.34 in 1H 2021)First half 2022 results: EPS: CN¥0.13 (down from CN¥0.34 in 1H 2021). Revenue: CN¥1.19b (down 34% from 1H 2021). Net income: CN¥151.9m (down 61% from 1H 2021). Profit margin: 13% (down from 22% in 1H 2021). Over the next year, revenue is forecast to grow 30%, compared to a 36% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year.공고 • Aug 04Maoyan Entertainment Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022The board of directors of the Maoyan Entertainment announced that, based on the information currently available to the Company and its preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended June 30, 2022 the revenue of the Group for first half 2022 is expected to range between approximately RMB 1,150 million and RMB 1,250 million, as compared to the revenue of the Group for the six months ended June 30, 2021 of RMB 1,799.8 million; and the profit attributable to the owners of the Company for first half 2022 is expected to range between approximately RMB 130 million and RMB 180 million, as compared to the profit attributable to the owners of the Company for first half 2021 of approximately 387.1 million. The aforesaid decline in revenue and profit was mainly due to the impact of the resurgence of Covid-19 during first half 2022, during which the operating rate of cinemas in the PRC decreased compared with that during first half 2021, in particular, the operating rate of cinemas nationwide was once below 50% (according to the data from Maoyan Pro from March to May 2022, and the release schedule of a number of films has been adjusted and postponed. The operating activities and the performance of each business segment of the Group were therefore adversely affected.Reported Earnings • Apr 28Full year 2021 earnings released: EPS: CN¥0.32 (vs CN¥0.57 loss in FY 2020)Full year 2021 results: EPS: CN¥0.32 (up from CN¥0.57 loss in FY 2020). Revenue: CN¥3.32b (up 143% from FY 2020). Net income: CN¥368.5m (up CN¥1.01b from FY 2020). Profit margin: 11% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 40% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Board Change • Apr 27Less than half of directors are independentFollowing 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. 8 non-independent directors. Independent Non-Executive Director Hong Yin was the last independent 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.공고 • Feb 27Maoyan Entertainment Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021Maoyan Entertainment provided consolidated earnings guidance for the year ended December 31, 2021. The revenue of the Group for fiscal year 2021 is expected to range between approximately RMB 3,300 million and RMB 3,400 million, which represents an increase of approximately 141.6% to 149.0% as compared to the revenue of the Group for the year ended December 31, 2020 ("FY2020") of RMB 1,365.7 million; the net profit attributable to the owners of the company to be recorded by the group for fiscal year 2021 is expected to range between approximately RMB 350 million and RMB 400 million, while the Group recorded a net loss attributable to the owners of the company of approximately RMB 646.3 million for fiscal year 2020.Reported Earnings • Sep 25First half 2021 earnings released: EPS CN¥0.34 (vs CN¥0.38 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CN¥1.80b (up CN¥1.60b from 1H 2020). Net income: CN¥387.1m (up CN¥817.7m from 1H 2020). Profit margin: 22% (up from net loss in 1H 2020).Reported Earnings • Aug 21First half 2021 earnings released: EPS CN¥0.34 (vs CN¥0.38 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CN¥1.80b (up CN¥1.60b from 1H 2020). Net income: CN¥387.1m (up CN¥817.7m from 1H 2020). Profit margin: 22% (up from net loss in 1H 2020).공고 • Aug 04Maoyan Entertainment Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2021Maoyan Entertainment provided consolidated earnings guidance for the six months ended June 30, 2021. The revenue of the Group for first half 2021 is expected to range between approximately RMB 1,750.0 million and RMB 1,850.0 million, which represents an increase of approximately 761.6% to 810.9% as compared to the revenue of the Group for the six months ended June 30, 2020 of RMB 203.1 million; and the Group expects to record a profit attributable to the owners of the Company for first half 2021 ranging between approximately RMB 350.0 million and RMB 400.0 million, which represents a turnaround from the net loss attributable to the owners of the Company of approximately RMB 430.7 million recorded for first half 2020.Reported Earnings • May 01Full year 2020 earnings released: CN¥0.57 loss per share (vs CN¥0.42 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: CN¥1.37b (down 68% from FY 2019). Net loss: CN¥646.3m (down 239% from profit in FY 2019).Reported Earnings • Apr 01Full year 2020 earnings released: CN¥0.57 loss per share (vs CN¥0.42 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: CN¥1.37b (down 68% from FY 2019). Net loss: CN¥646.3m (down 239% from profit in FY 2019).공고 • Mar 19Maoyan Entertainment to Report Fiscal Year 2020 Results on Mar 30, 2021Maoyan Entertainment announced that they will report fiscal year 2020 results on Mar 30, 2021Is New 90 Day High Low • Feb 04New 90-day high: €1.57The company is up 28% from its price of €1.23 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.56 per share.Is New 90 Day High Low • Jan 13New 90-day high: €1.42The company is up 13% from its price of €1.26 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.50 per share.Is New 90 Day High Low • Dec 23New 90-day low: €1.15The company is down 17% from its price of €1.38 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.45 per share.공고 • Dec 18Maoyan Entertainment Enters into Licensing Cooperation Framework Agreement with Tencent Music Entertainment GroupOn December 16, 2020, the Board resolved to enter into the Music Copyright Licensing Cooperation Framework Agreement with Tencent Music Entertainment Group (for itself and on behalf of members of TME Group), pursuant to which the Maoyan Entertainment agreed to license its Musical Works to TME Group and TME Group agreed to pay license fees to the Group. The Group will license its musical compositions, audio recordings, video recordings and movie-like works (well created music videos), including single music and original sound tapes (i.e. theme songs, ending songs, episodes, promotion songs and soundtracks, and the music videos of video and audio works including movies, TV series, online series and online movies, collectively the "OST") (collectively the "Musical Works"), of which the Group has copyrights and related rights, to TME Group, and TME Group shall pay license fees to the Group. Members of TME Group, or its authorized third party, are licensed to promote, use, sub-license and have right to defend the above-mentioned Musical Works. Separate underlying agreements will be entered into which will set out the precise scope of licensed products, term of license, license fees, payment method and other details of the license arrangement in the manner provided in the Music Copyright Licensing Cooperation Framework Agreement. Term is December 16, 2020 to December 31, 2022.공고 • Oct 29Maoyan Entertainment Announces Executive ChangesThe board of directors of Maoyan Entertainment announced that Mr. Ma Dong has tendered his resignation as an independent non-executive Director with effect from October 28, 2020 due to personal work arrangement. The Board announced that Dr. Yin Hong has been appointed as an independent non-executive Director with effect from October 28, 2020. Dr. Yin has been serving as a professor of Tsinghua University since 1999. Dr. Yin served as a teaching assistant of Sichuan University from December 1984 to August 1986, and served in Beijing Normal University from September 1989 to August 1999 with his last position as a professor. Dr. Yin is a well-known film theorist, critic, and planner in China. He has served as a consultant, producer, and art director for a number of film and television works, and concurrently assumes many important positions within several national associations and societies including the vice chairman of the China Literature and Art Critics Association and the vice chairman of the China Film Association.Is New 90 Day High Low • Oct 14New 90-day low: €1.34The company is down 10.0% from its price of €1.49 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.87 per share.Reported Earnings • Sep 21First half earnings releasedOver the last 12 months the company has reported total losses of CN¥229.2m, with earnings decreasing by CN¥584.7m from the prior year. Total revenue was CN¥2.49b over the last 12 months, down 35% from the prior year.공고 • Aug 06Maoyan Entertainment to Report First Half, 2020 Results on Aug 17, 2020Maoyan Entertainment announced that they will report first half, 2020 results on Aug 17, 2020이익 및 매출 성장 예측DB:9ME - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20284,763637753N/A612/31/20274,640491390N/A1212/31/20264,256382686N/A106/30/20263,949358N/AN/AN/A3/31/20264,290461N/AN/AN/A12/31/20254,6315641,1911,197N/A9/30/20254,507320413421N/A6/30/20254,38376-365-355N/A3/31/20254,233129-613-600N/A12/31/20244,082182-861-846N/A9/30/20244,407485-347-328N/A6/30/20244,731789168191N/A3/31/20244,744850819843N/A12/31/20234,7579101,4711,496N/A9/30/20234,0416351,6261,647N/A6/30/20233,3253601,7821,799N/A3/31/20232,822233922937N/A12/31/20222,3191056375N/A9/30/20222,5171195366N/A6/30/20222,7151334356N/A3/31/20223,019251302318N/A12/31/20213,323369560579N/A9/30/20213,143270897914N/A6/30/20212,9621711,2341,249N/A3/31/20212,164-237758771N/A12/31/20201,366-646282294N/A9/30/20201,926-438-476-462N/A6/30/20202,486-229-1,233-1,218N/A3/31/20203,377117N/A-1,079N/A12/31/20194,268463N/A-940N/A9/30/20193,819369N/A-284N/A6/30/20193,844355N/A-146N/A3/31/20193,800109N/A-636N/A12/31/20183,755-137N/A-1,125N/A9/30/20184,076-67N/A-1,027N/A6/30/20183,512-188N/A-366N/A3/31/20183,030-132N/A354N/A12/31/20172,548-75N/A1,074N/A12/31/20161,378-508N/A65N/A12/31/2015597-1,297N/A-990N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 9ME 의 연간 예상 수익 증가율(19.5%)이 saving rate(2.1%)보다 높습니다.수익 vs 시장: 9ME 의 연간 수익(19.5%)이 German 시장(15.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 9ME 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 9ME 의 수익(연간 6.8%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 9ME 의 수익(연간 6.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 9ME의 자본 수익률은 3년 후 5.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/23 06:59종가2026/08/21 00:00수익2026/06/30연간 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 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 소스Maoyan Entertainment는 19명의 분석가가 다루고 있습니다. 이 중 12명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Harry ZhuangBofA Global ResearchXueqing ZhangChina International Capital Corporation LimitedYiwen ZhangChina Renaissance Securities16명의 분석가 더 보기
공고 • Jul 25Maoyan Entertainment Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended June 30, 2026Maoyan Entertainment provided preliminary unaudited consolidated group earnings guidance for the six months ended June 30, 2026. For the period, the group expects revenue to be in the range between approximately RMB 1,750.0 million and RMB 1,850.0 million, which represents a decrease of approximately 25.2% to 29.2% as compared to revenue for the six months ended June 30, 2025 (1H2025) of RMB 2,472.2 million; and the Group expects to record a loss attributable to the owners of the Company ranging between approximately RMB 5.0 million and RMB 55.0 million, as compared to a profit attributable to the owners of the Company for 1H2025 of RMB 178.5 million. Based on information currently available, the loss mentioned above is primarily attributable to the following factors: the total box office of China's film market in 1H2026 was RMB 17.354 billion, representing a year-on-year decrease of 40.6% as compared to 1H2025, and the number of moviegoers was 421 million, representing a year-on-year decrease of 34.3% as compared to 1H2025 (according to the data of Maoyan Pro. Moreover, due to factors such as the insufficient supply of blockbuster films and fluctuations in viewing demand in the movie market, the box office performance of certain films in which the Group participated fell short of expectations during the Reporting Period; with the live performance market continuing to thrive, the Group also continued to increase its investment in the performance business to further expand its strengths and enhance its competitiveness; owing to the temporary pressures facing the Chinese film industry, the operating conditions of certain partners of the Group came under strain. Acting in accordance with the principle of prudence, the Group made impairment provisions for other receivables due from such partners, with an impairment amount expected to be no more than RMB 100.0 million. The Company also actively pursued the recovery of such other receivables and took necessary legal measures.
공고 • Aug 04Maoyan Entertainment Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022The board of directors of the Maoyan Entertainment announced that, based on the information currently available to the Company and its preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended June 30, 2022 the revenue of the Group for first half 2022 is expected to range between approximately RMB 1,150 million and RMB 1,250 million, as compared to the revenue of the Group for the six months ended June 30, 2021 of RMB 1,799.8 million; and the profit attributable to the owners of the Company for first half 2022 is expected to range between approximately RMB 130 million and RMB 180 million, as compared to the profit attributable to the owners of the Company for first half 2021 of approximately 387.1 million. The aforesaid decline in revenue and profit was mainly due to the impact of the resurgence of Covid-19 during first half 2022, during which the operating rate of cinemas in the PRC decreased compared with that during first half 2021, in particular, the operating rate of cinemas nationwide was once below 50% (according to the data from Maoyan Pro from March to May 2022, and the release schedule of a number of films has been adjusted and postponed. The operating activities and the performance of each business segment of the Group were therefore adversely affected.
공고 • Feb 27Maoyan Entertainment Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021Maoyan Entertainment provided consolidated earnings guidance for the year ended December 31, 2021. The revenue of the Group for fiscal year 2021 is expected to range between approximately RMB 3,300 million and RMB 3,400 million, which represents an increase of approximately 141.6% to 149.0% as compared to the revenue of the Group for the year ended December 31, 2020 ("FY2020") of RMB 1,365.7 million; the net profit attributable to the owners of the company to be recorded by the group for fiscal year 2021 is expected to range between approximately RMB 350 million and RMB 400 million, while the Group recorded a net loss attributable to the owners of the company of approximately RMB 646.3 million for fiscal year 2020.
공고 • Aug 04Maoyan Entertainment Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2021Maoyan Entertainment provided consolidated earnings guidance for the six months ended June 30, 2021. The revenue of the Group for first half 2021 is expected to range between approximately RMB 1,750.0 million and RMB 1,850.0 million, which represents an increase of approximately 761.6% to 810.9% as compared to the revenue of the Group for the six months ended June 30, 2020 of RMB 203.1 million; and the Group expects to record a profit attributable to the owners of the Company for first half 2021 ranging between approximately RMB 350.0 million and RMB 400.0 million, which represents a turnaround from the net loss attributable to the owners of the Company of approximately RMB 430.7 million recorded for first half 2020.
Buy Or Sell Opportunity • Aug 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €0.51. The fair value is estimated to be €0.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 6.6%. For the next 3 years, revenue is forecast to grow by 0.8% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period.
공고 • Jul 25Maoyan Entertainment Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended June 30, 2026Maoyan Entertainment provided preliminary unaudited consolidated group earnings guidance for the six months ended June 30, 2026. For the period, the group expects revenue to be in the range between approximately RMB 1,750.0 million and RMB 1,850.0 million, which represents a decrease of approximately 25.2% to 29.2% as compared to revenue for the six months ended June 30, 2025 (1H2025) of RMB 2,472.2 million; and the Group expects to record a loss attributable to the owners of the Company ranging between approximately RMB 5.0 million and RMB 55.0 million, as compared to a profit attributable to the owners of the Company for 1H2025 of RMB 178.5 million. Based on information currently available, the loss mentioned above is primarily attributable to the following factors: the total box office of China's film market in 1H2026 was RMB 17.354 billion, representing a year-on-year decrease of 40.6% as compared to 1H2025, and the number of moviegoers was 421 million, representing a year-on-year decrease of 34.3% as compared to 1H2025 (according to the data of Maoyan Pro. Moreover, due to factors such as the insufficient supply of blockbuster films and fluctuations in viewing demand in the movie market, the box office performance of certain films in which the Group participated fell short of expectations during the Reporting Period; with the live performance market continuing to thrive, the Group also continued to increase its investment in the performance business to further expand its strengths and enhance its competitiveness; owing to the temporary pressures facing the Chinese film industry, the operating conditions of certain partners of the Group came under strain. Acting in accordance with the principle of prudence, the Group made impairment provisions for other receivables due from such partners, with an impairment amount expected to be no more than RMB 100.0 million. The Company also actively pursued the recovery of such other receivables and took necessary legal measures.
Buy Or Sell Opportunity • Jul 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to €0.53. The fair value is estimated to be €0.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 6.6%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings are also forecast to grow by 3.4% per annum over the same time period.
Declared Dividend • May 21Dividend of HK$0.22 announcedShareholders will receive a dividend of HK$0.22. Ex-date: 25th June 2026 Payment date: 21st August 2026 Dividend yield will be 37%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (19% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Mar 27+ 1 more updateMaoyan Entertainment announces Annual dividend, payable on August 21, 2026Maoyan Entertainment announced Annual dividend of HKD 0.2200 per share payable on August 21, 2026, ex-date on June 25, 2026 and record date on June 26, 2026.
공고 • Mar 16Maoyan Entertainment to Report Fiscal Year 2025 Results on Mar 27, 2026Maoyan Entertainment announced that they will report fiscal year 2025 results on Mar 27, 2026
공고 • Aug 15Maoyan Entertainment to Report First Half, 2025 Results on Aug 25, 2025Maoyan Entertainment announced that they will report first half, 2025 results on Aug 25, 2025
공고 • Jun 26Maoyan Entertainment Approves Final Dividend for Year Ended 31 December 2024Maoyan Entertainment at its AGM held on June 25, 2025 approved to declare a final dividend of HKD 0.32 per share of the Company, with a scrip dividend option, for the year ended 31 December 2024.
공고 • Mar 27+ 1 more updateMaoyan Entertainment Proposes Ordinary Final Cash Dividend for the Year Ended 31 December 2024, Payable on 22 August 2025Maoyan Entertainment proposed ordinary final cash dividend of HKD 0.32 per share for the year ended 31 December 2024, payable on 22 August 2025. Record date is 04 July 2025. Ex-dividend date is 27 June 2025. Date of shareholders' approval is 25 June 2025.
공고 • Mar 17Maoyan Entertainment to Report Fiscal Year 2024 Results on Mar 27, 2025Maoyan Entertainment announced that they will report fiscal year 2024 results on Mar 27, 2025
New Risk • Sep 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% 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.
Reported Earnings • Aug 28First half 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.35 in 1H 2023)First half 2024 results: EPS: CN¥0.25 (down from CN¥0.35 in 1H 2023). Revenue: CN¥2.17b (down 1.2% from 1H 2023). Net income: CN¥284.8m (down 30% from 1H 2023). Profit margin: 13% (down from 19% in 1H 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
공고 • Aug 15Maoyan Entertainment to Report First Half, 2024 Results on Aug 26, 2024Maoyan Entertainment announced that they will report first half, 2024 results on Aug 26, 2024
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.80 (vs CN¥0.092 in FY 2022)Full year 2023 results: EPS: CN¥0.80 (up from CN¥0.092 in FY 2022). Revenue: CN¥4.76b (up 105% from FY 2022). Net income: CN¥910.4m (up CN¥805.2m from FY 2022). Profit margin: 19% (up from 4.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 24Full year 2023 earnings released: EPS: CN¥0.80 (vs CN¥0.092 in FY 2022)Full year 2023 results: EPS: CN¥0.80 (up from CN¥0.092 in FY 2022). Revenue: CN¥4.76b (up 105% from FY 2022). Net income: CN¥910.4m (up CN¥805.2m from FY 2022). Profit margin: 19% (up from 4.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공고 • Mar 22Maoyan Entertainment, Annual General Meeting, Jun 26, 2024Maoyan Entertainment, Annual General Meeting, Jun 26, 2024.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €1.22, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 9x 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 €1.24 per share.
공고 • Mar 12Maoyan Entertainment to Report Fiscal Year 2023 Results on Mar 21, 2024Maoyan Entertainment announced that they will report fiscal year 2023 results on Mar 21, 2024
Buy Or Sell Opportunity • Feb 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to €1.00. The fair value is estimated to be €1.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 72% in 2 years. Earnings are forecast to grow by 180% in the next 2 years.
New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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.
Buying Opportunity • Dec 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €1.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 73% in 2 years. Earnings is forecast to grow by 176% in the next 2 years.
Buying Opportunity • Oct 10Now 20% undervaluedOver the last 90 days, the stock is up 25%. The fair value is estimated to be €1.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 68% in 2 years. Earnings is forecast to grow by 155% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €1.37, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Entertainment industry in Europe. Total loss to shareholders of 1.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.19 per share.
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.25, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Entertainment industry in Europe. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.35 per share.
Reported Earnings • Aug 20First half 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.13 in 1H 2022)First half 2023 results: EPS: CN¥0.35 (up from CN¥0.13 in 1H 2022). Revenue: CN¥2.20b (up 84% from 1H 2022). Net income: CN¥406.6m (up 168% from 1H 2022). Profit margin: 19% (up from 13% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공고 • Aug 09Maoyan Entertainment to Report First Half, 2023 Results on Aug 17, 2023Maoyan Entertainment announced that they will report first half, 2023 results on Aug 17, 2023
Buying Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.7%. The fair value is estimated to be €1.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 52% per annum over the same time period.
Reported Earnings • Mar 25Full year 2022 earnings released: EPS: CN¥0.092 (vs CN¥0.32 in FY 2021)Full year 2022 results: EPS: CN¥0.092 (down from CN¥0.32 in FY 2021). Revenue: CN¥2.32b (down 30% from FY 2021). Net income: CN¥105.2m (down 72% from FY 2021). Profit margin: 4.5% (down from 11% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% 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 31% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.07, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Entertainment industry in Europe. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.12 per share.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to €1.08, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Online Retail industry in Europe. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €0.49 per share.
공고 • Nov 17Maoyan Entertainment Announces Change of Non-Executive DirectorThe board of Maoyan Entertainment hereby announces that, on November 16, 2022, Mr. Cheng Wu has tendered his resignation as a non-executive Director with effect from November 16, 2022 due to personal work arrangement. The Board announced that, on November 16, 2022, Mr. Sun Zhonghuai has been appointed as a non-executive Director with effect from November 16, 2022. Mr. Sun, aged 49, has 19 years of experience in media industry and management. He joined Tencent Holdings Limited in July 2003 and currently serves as Vice President of Tencent and CEO of Tencent Video. Mr. Sun was appointed as a director of Linmon Media Limited on August 31, 2021, and re-designated as its non-executive director on September 24, 2021. Mr. Sun obtained an Executive Master of Business Administration degree from Renmin University of China in June 2009.
Board Change • Nov 16Less than half of directors are independentFollowing 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. 8 non-independent directors. Independent Non-Executive Director Hong Yin was the last independent 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.
공고 • Oct 14Maoyan Entertainment Announces Resignation of Mr. Gu Sibin as PresidentMaoyan Entertainment announces that, on September 30, 2022, Mr. Gu Sibin ("Mr. Gu") tendered his resignation as the president of the Company witheffect from the even date to pursue his other personal goals which require more of his time and dedication.
Reported Earnings • Aug 19First half 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.34 in 1H 2021)First half 2022 results: EPS: CN¥0.13 (down from CN¥0.34 in 1H 2021). Revenue: CN¥1.19b (down 34% from 1H 2021). Net income: CN¥151.9m (down 61% from 1H 2021). Profit margin: 13% (down from 22% in 1H 2021). Over the next year, revenue is forecast to grow 30%, compared to a 36% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year.
공고 • Aug 04Maoyan Entertainment Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022The board of directors of the Maoyan Entertainment announced that, based on the information currently available to the Company and its preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended June 30, 2022 the revenue of the Group for first half 2022 is expected to range between approximately RMB 1,150 million and RMB 1,250 million, as compared to the revenue of the Group for the six months ended June 30, 2021 of RMB 1,799.8 million; and the profit attributable to the owners of the Company for first half 2022 is expected to range between approximately RMB 130 million and RMB 180 million, as compared to the profit attributable to the owners of the Company for first half 2021 of approximately 387.1 million. The aforesaid decline in revenue and profit was mainly due to the impact of the resurgence of Covid-19 during first half 2022, during which the operating rate of cinemas in the PRC decreased compared with that during first half 2021, in particular, the operating rate of cinemas nationwide was once below 50% (according to the data from Maoyan Pro from March to May 2022, and the release schedule of a number of films has been adjusted and postponed. The operating activities and the performance of each business segment of the Group were therefore adversely affected.
Reported Earnings • Apr 28Full year 2021 earnings released: EPS: CN¥0.32 (vs CN¥0.57 loss in FY 2020)Full year 2021 results: EPS: CN¥0.32 (up from CN¥0.57 loss in FY 2020). Revenue: CN¥3.32b (up 143% from FY 2020). Net income: CN¥368.5m (up CN¥1.01b from FY 2020). Profit margin: 11% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 40% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Board Change • Apr 27Less than half of directors are independentFollowing 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. 8 non-independent directors. Independent Non-Executive Director Hong Yin was the last independent 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.
공고 • Feb 27Maoyan Entertainment Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021Maoyan Entertainment provided consolidated earnings guidance for the year ended December 31, 2021. The revenue of the Group for fiscal year 2021 is expected to range between approximately RMB 3,300 million and RMB 3,400 million, which represents an increase of approximately 141.6% to 149.0% as compared to the revenue of the Group for the year ended December 31, 2020 ("FY2020") of RMB 1,365.7 million; the net profit attributable to the owners of the company to be recorded by the group for fiscal year 2021 is expected to range between approximately RMB 350 million and RMB 400 million, while the Group recorded a net loss attributable to the owners of the company of approximately RMB 646.3 million for fiscal year 2020.
Reported Earnings • Sep 25First half 2021 earnings released: EPS CN¥0.34 (vs CN¥0.38 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CN¥1.80b (up CN¥1.60b from 1H 2020). Net income: CN¥387.1m (up CN¥817.7m from 1H 2020). Profit margin: 22% (up from net loss in 1H 2020).
Reported Earnings • Aug 21First half 2021 earnings released: EPS CN¥0.34 (vs CN¥0.38 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CN¥1.80b (up CN¥1.60b from 1H 2020). Net income: CN¥387.1m (up CN¥817.7m from 1H 2020). Profit margin: 22% (up from net loss in 1H 2020).
공고 • Aug 04Maoyan Entertainment Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2021Maoyan Entertainment provided consolidated earnings guidance for the six months ended June 30, 2021. The revenue of the Group for first half 2021 is expected to range between approximately RMB 1,750.0 million and RMB 1,850.0 million, which represents an increase of approximately 761.6% to 810.9% as compared to the revenue of the Group for the six months ended June 30, 2020 of RMB 203.1 million; and the Group expects to record a profit attributable to the owners of the Company for first half 2021 ranging between approximately RMB 350.0 million and RMB 400.0 million, which represents a turnaround from the net loss attributable to the owners of the Company of approximately RMB 430.7 million recorded for first half 2020.
Reported Earnings • May 01Full year 2020 earnings released: CN¥0.57 loss per share (vs CN¥0.42 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: CN¥1.37b (down 68% from FY 2019). Net loss: CN¥646.3m (down 239% from profit in FY 2019).
Reported Earnings • Apr 01Full year 2020 earnings released: CN¥0.57 loss per share (vs CN¥0.42 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: CN¥1.37b (down 68% from FY 2019). Net loss: CN¥646.3m (down 239% from profit in FY 2019).
공고 • Mar 19Maoyan Entertainment to Report Fiscal Year 2020 Results on Mar 30, 2021Maoyan Entertainment announced that they will report fiscal year 2020 results on Mar 30, 2021
Is New 90 Day High Low • Feb 04New 90-day high: €1.57The company is up 28% from its price of €1.23 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.56 per share.
Is New 90 Day High Low • Jan 13New 90-day high: €1.42The company is up 13% from its price of €1.26 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.50 per share.
Is New 90 Day High Low • Dec 23New 90-day low: €1.15The company is down 17% from its price of €1.38 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.45 per share.
공고 • Dec 18Maoyan Entertainment Enters into Licensing Cooperation Framework Agreement with Tencent Music Entertainment GroupOn December 16, 2020, the Board resolved to enter into the Music Copyright Licensing Cooperation Framework Agreement with Tencent Music Entertainment Group (for itself and on behalf of members of TME Group), pursuant to which the Maoyan Entertainment agreed to license its Musical Works to TME Group and TME Group agreed to pay license fees to the Group. The Group will license its musical compositions, audio recordings, video recordings and movie-like works (well created music videos), including single music and original sound tapes (i.e. theme songs, ending songs, episodes, promotion songs and soundtracks, and the music videos of video and audio works including movies, TV series, online series and online movies, collectively the "OST") (collectively the "Musical Works"), of which the Group has copyrights and related rights, to TME Group, and TME Group shall pay license fees to the Group. Members of TME Group, or its authorized third party, are licensed to promote, use, sub-license and have right to defend the above-mentioned Musical Works. Separate underlying agreements will be entered into which will set out the precise scope of licensed products, term of license, license fees, payment method and other details of the license arrangement in the manner provided in the Music Copyright Licensing Cooperation Framework Agreement. Term is December 16, 2020 to December 31, 2022.
공고 • Oct 29Maoyan Entertainment Announces Executive ChangesThe board of directors of Maoyan Entertainment announced that Mr. Ma Dong has tendered his resignation as an independent non-executive Director with effect from October 28, 2020 due to personal work arrangement. The Board announced that Dr. Yin Hong has been appointed as an independent non-executive Director with effect from October 28, 2020. Dr. Yin has been serving as a professor of Tsinghua University since 1999. Dr. Yin served as a teaching assistant of Sichuan University from December 1984 to August 1986, and served in Beijing Normal University from September 1989 to August 1999 with his last position as a professor. Dr. Yin is a well-known film theorist, critic, and planner in China. He has served as a consultant, producer, and art director for a number of film and television works, and concurrently assumes many important positions within several national associations and societies including the vice chairman of the China Literature and Art Critics Association and the vice chairman of the China Film Association.
Is New 90 Day High Low • Oct 14New 90-day low: €1.34The company is down 10.0% from its price of €1.49 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.87 per share.
Reported Earnings • Sep 21First half earnings releasedOver the last 12 months the company has reported total losses of CN¥229.2m, with earnings decreasing by CN¥584.7m from the prior year. Total revenue was CN¥2.49b over the last 12 months, down 35% from the prior year.
공고 • Aug 06Maoyan Entertainment to Report First Half, 2020 Results on Aug 17, 2020Maoyan Entertainment announced that they will report first half, 2020 results on Aug 17, 2020