With EPS Growth And More, Kingnet Network (SZSE:002517) Makes An Interesting Case
Jun 14
Chinese (SSE) Entertainment Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies50
- 7D2.5%
- 3M-17.0%
- 1Y-43.5%
- YTD-17.6%
In the last week, the Entertainment industry is up 2.6%, with Kunlun Tech up 3.3%. In contrast, the industry has lost 43% in the last 12 months. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Chinese Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | CN¥500.4b | CN¥133.6b | CN¥13.4b | 40.2x | 37.3x | 3.7x |
| Mon, 13 May 2024 | CN¥551.9b | CN¥133.4b | CN¥12.2b | 42.7x | 45.3x | 4.1x |
| Wed, 10 Apr 2024 | CN¥589.3b | CN¥129.3b | CN¥585.5m | 60.1x | 1006.4x | 4.6x |
| Fri, 08 Mar 2024 | CN¥578.7b | CN¥129.6b | CN¥667.0m | 59.5x | 867.7x | 4.5x |
| Sun, 04 Feb 2024 | CN¥497.3b | CN¥128.7b | -CN¥1,313,894,586.00 | 53.9x | -378.5x | 3.9x |
| Tue, 02 Jan 2024 | CN¥612.3b | CN¥128.9b | -CN¥1,233,316,030.00 | 68.4x | -496.4x | 4.8x |
| Thu, 30 Nov 2023 | CN¥621.4b | CN¥128.5b | -CN¥1,561,182,615.00 | 66.5x | -398x | 4.8x |
| Sat, 28 Oct 2023 | CN¥585.2b | CN¥123.8b | -CN¥3,815,175,590.00 | 60.3x | -153.4x | 4.7x |
| Mon, 25 Sep 2023 | CN¥644.2b | CN¥123.8b | -CN¥3,728,154,775.00 | 50.2x | -172.8x | 5.2x |
| Wed, 23 Aug 2023 | CN¥682.7b | CN¥118.5b | -CN¥4,971,432,529.00 | 53.8x | -137.3x | 5.8x |
| Fri, 21 Jul 2023 | CN¥727.0b | CN¥119.8b | -CN¥4,748,547,672.00 | 56x | -153.1x | 6.1x |
| Sun, 18 Jun 2023 | CN¥883.8b | CN¥119.9b | -CN¥4,790,092,255.00 | 75x | -184.5x | 7.4x |
| Tue, 16 May 2023 | CN¥788.8b | CN¥122.4b | -CN¥3,705,391,806.00 | 72.9x | -212.9x | 6.4x |
| Thu, 13 Apr 2023 | CN¥835.0b | CN¥127.7b | CN¥5.0b | 51.8x | 166.5x | 6.5x |
| Sat, 11 Mar 2023 | CN¥580.4b | CN¥125.6b | CN¥3.9b | 37.5x | 148.3x | 4.6x |
| Mon, 06 Feb 2023 | CN¥565.9b | CN¥125.9b | CN¥3.0b | 38.8x | 188.9x | 4.5x |
| Wed, 04 Jan 2023 | CN¥531.8b | CN¥125.8b | CN¥3.0b | 36.4x | 176.5x | 4.2x |
| Fri, 02 Dec 2022 | CN¥509.8b | CN¥125.6b | CN¥3.0b | 36.2x | 169.4x | 4.1x |
| Sun, 30 Oct 2022 | CN¥424.4b | CN¥127.5b | CN¥3.2b | 31.4x | 132.5x | 3.3x |
| Tue, 27 Sep 2022 | CN¥446.8b | CN¥128.7b | CN¥6.0b | 25.2x | 74.6x | 3.5x |
| Thu, 25 Aug 2022 | CN¥513.8b | CN¥129.7b | CN¥9.5b | 28.4x | 53.8x | 4x |
| Sat, 23 Jul 2022 | CN¥512.4b | CN¥129.6b | CN¥9.2b | 35.6x | 55.8x | 4x |
| Mon, 20 Jun 2022 | CN¥507.2b | CN¥129.6b | CN¥9.2b | 33.8x | 55.3x | 3.9x |
| Wed, 18 May 2022 | CN¥485.3b | CN¥130.6b | CN¥7.9b | 34.1x | 61.2x | 3.7x |
| Fri, 15 Apr 2022 | CN¥505.2b | CN¥128.4b | CN¥3.6b | 29.8x | 139.2x | 3.9x |
| Sun, 13 Mar 2022 | CN¥521.1b | CN¥128.6b | CN¥4.6b | 30.7x | 113x | 4.1x |
| Tue, 08 Feb 2022 | CN¥558.0b | CN¥126.1b | CN¥5.7b | 31.8x | 98.5x | 4.4x |
| Thu, 06 Jan 2022 | CN¥723.5b | CN¥126.1b | CN¥5.7b | 44.7x | 127.7x | 5.7x |
| Sat, 04 Dec 2021 | CN¥603.8b | CN¥126.1b | CN¥5.7b | 33.6x | 105.8x | 4.8x |
| Mon, 01 Nov 2021 | CN¥568.6b | CN¥126.5b | CN¥5.8b | 31.3x | 97.2x | 4.5x |
| Wed, 29 Sep 2021 | CN¥559.5b | CN¥123.0b | CN¥3.4b | 29.5x | 163.3x | 4.5x |
| Fri, 27 Aug 2021 | CN¥535.4b | CN¥123.2b | CN¥3.4b | 28.7x | 157.1x | 4.3x |
| Sat, 03 Jul 2021 | CN¥661.3b | CN¥123.2b | CN¥3.4b | 35.9x | 194x | 5.4x |
Price to Earnings Ratio
194x
Current Industry PE
- Investors are pessimistic on the Chinese Entertainment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 37.2x which is lower than its 3-year average PE of 42.9x.
- The 3-year average PS ratio of 4.7x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have grown 58% per year over the last three years.
- Revenues for these companies have grown 2.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Telecom industry?
| CN Market | 0.061% | |
| Telecom | 1.75% | |
| Entertainment | 2.50% | |
| Interactive Home Entertainment | 2.99% | |
| Movies and Entertainment | 1.88% | |
Industry PE
- Investors are most optimistic about the Interactive Home Entertainment industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 31.0%, which is higher than its past year's earnings decline of 13.3% per year.
- Investors are most pessimistic about the Movies and Entertainment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 25% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300418 Kunlun Tech | CN¥34.10 | 3.3% +CN¥1.7b | -45.1% | PE48.6x | |
| 300251 Beijing Enlight Media | CN¥9.34 | 4.0% +CN¥1.0b | 1.5% | PE37.8x | |
| 2558 Giant Network Group | CN¥10.32 | 5.4% +CN¥1.0b | -48.9% | PE16.4x | |
| 2261 Talkweb Information SystemLtd | CN¥12.18 | 6.8% +CN¥972.5m | -36.9% | PE1659.6x | |
| 2555 37 Interactive Entertainment Network Technology Group | CN¥14.09 | 2.4% +CN¥725.9m | -59.4% | PE12.4x |
