Zhejiang Furun Digital Technology CO.,LTD (SHSE:600070) Looks Inexpensive After Falling 52% But Perhaps Not Attractive Enough
Mar 29
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Chinese (SSE) Media Industry Analysis
UpdatedApr 15, 2025
DataAggregated Company Financials
Companies75
- 7D7.5%
- 3M-0.3%
- 1Y7.4%
- YTD-2.4%
Over the last 7 days, the Media industry has dropped 4.8%, driven by BlueFocus Intelligent Communications Group declining 12%. This takes the industry's 12 month performance to a gain of 5.6%. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Chinese Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Apr 2025 | CN¥812.6b | CN¥354.4b | CN¥13.3b | 48.8x | 60.9x | 2.3x |
| Thu, 13 Mar 2025 | CN¥891.1b | CN¥364.2b | CN¥15.8b | 52.7x | 56.4x | 2.4x |
| Sat, 08 Feb 2025 | CN¥871.4b | CN¥364.2b | CN¥15.8b | 49.8x | 55.2x | 2.4x |
| Mon, 06 Jan 2025 | CN¥797.7b | CN¥364.2b | CN¥15.8b | 46.2x | 50.5x | 2.2x |
| Wed, 04 Dec 2024 | CN¥907.4b | CN¥364.2b | CN¥15.8b | 52.6x | 57.4x | 2.5x |
| Fri, 01 Nov 2024 | CN¥812.6b | CN¥365.7b | CN¥15.8b | 44x | 51.6x | 2.2x |
| Sun, 29 Sep 2024 | CN¥734.5b | CN¥365.4b | CN¥16.7b | 42.2x | 44x | 2x |
| Tue, 27 Aug 2024 | CN¥626.1b | CN¥364.3b | CN¥19.4b | 34.2x | 32.3x | 1.7x |
| Thu, 25 Jul 2024 | CN¥615.8b | CN¥365.3b | CN¥20.2b | 35.7x | 30.5x | 1.7x |
| Sat, 22 Jun 2024 | CN¥664.4b | CN¥365.1b | CN¥20.3b | 38.1x | 32.8x | 1.8x |
| Mon, 20 May 2024 | CN¥733.7b | CN¥364.8b | CN¥20.1b | 44.2x | 36.6x | 2x |
| Wed, 17 Apr 2024 | CN¥739.2b | CN¥358.4b | CN¥18.9b | 29.1x | 39.1x | 2.1x |
| Fri, 15 Mar 2024 | CN¥780.4b | CN¥352.8b | CN¥19.9b | 36.4x | 39.2x | 2.2x |
| Sun, 11 Feb 2024 | CN¥670.1b | CN¥352.6b | CN¥19.0b | 32.7x | 35.3x | 1.9x |
| Tue, 09 Jan 2024 | CN¥752.5b | CN¥354.1b | CN¥18.3b | 38.4x | 41.1x | 2.1x |
| Thu, 07 Dec 2023 | CN¥834.7b | CN¥354.3b | CN¥18.3b | 43.4x | 45.6x | 2.4x |
| Sat, 04 Nov 2023 | CN¥775.8b | CN¥356.2b | CN¥18.2b | 39.1x | 42.6x | 2.2x |
| Mon, 02 Oct 2023 | CN¥787.8b | CN¥344.4b | CN¥16.3b | 39.6x | 48.5x | 2.3x |
| Wed, 30 Aug 2023 | CN¥830.8b | CN¥343.2b | CN¥16.2b | 50.5x | 51.3x | 2.4x |
| Fri, 28 Jul 2023 | CN¥818.5b | CN¥335.8b | CN¥15.4b | 49.9x | 53.1x | 2.4x |
| Sun, 25 Jun 2023 | CN¥913.1b | CN¥338.4b | CN¥16.3b | 52.4x | 55.9x | 2.7x |
| Tue, 23 May 2023 | CN¥844.0b | CN¥338.6b | CN¥16.7b | 50.9x | 50.6x | 2.5x |
| Thu, 20 Apr 2023 | CN¥858.6b | CN¥342.2b | CN¥19.4b | 41x | 44.4x | 2.5x |
| Sat, 18 Mar 2023 | CN¥811.1b | CN¥340.4b | CN¥19.3b | 34.2x | 41.9x | 2.4x |
| Mon, 13 Feb 2023 | CN¥723.7b | CN¥340.4b | CN¥19.4b | 35.8x | 37.4x | 2.1x |
| Wed, 11 Jan 2023 | CN¥677.5b | CN¥337.8b | CN¥19.3b | 33.4x | 35.1x | 2x |
| Fri, 09 Dec 2022 | CN¥667.5b | CN¥337.8b | CN¥19.3b | 32.7x | 34.6x | 2x |
| Sun, 06 Nov 2022 | CN¥599.7b | CN¥337.9b | CN¥19.1b | 31.2x | 31.5x | 1.8x |
| Tue, 04 Oct 2022 | CN¥572.9b | CN¥340.8b | CN¥20.7b | 26.5x | 27.7x | 1.7x |
| Thu, 01 Sep 2022 | CN¥643.2b | CN¥345.2b | CN¥21.5b | 30.7x | 29.9x | 1.9x |
| Sat, 30 Jul 2022 | CN¥619.1b | CN¥347.5b | CN¥22.5b | 28x | 27.5x | 1.8x |
| Mon, 27 Jun 2022 | CN¥640.0b | CN¥347.1b | CN¥22.5b | 28.6x | 28.4x | 1.8x |
| Wed, 25 May 2022 | CN¥587.9b | CN¥346.8b | CN¥22.5b | 25.7x | 26.1x | 1.7x |
| Fri, 22 Apr 2022 | CN¥607.3b | CN¥353.2b | CN¥22.1b | 23.9x | 27.5x | 1.7x |
Price to Earnings Ratio
27.5x
Current Industry PE
- Investors are optimistic on the Chinese Media industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 60.2x which is higher than its 3-year average PE of 41.5x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Media industry have declined 15% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chinese Telecom industry?
| CN Market | 6.38% | |
| Telecom | 7.36% | |
| Media | 7.53% | |
| Cable and Satellite | 8.71% | |
| Advertising | 8.64% | |
| Broadcasting | 6.86% | |
| Publishing | 5.77% | |
Industry PE
- Investors are most optimistic about the Broadcasting industry which is trading above its 3-year average PE ratio of 73.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 34% per year.
- In contrast, the Publishing industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| 002027 Focus Media Information Technology | CN¥7.13 | 8.5% +CN¥8.1b | 2.1% | PE19.8x | |
| 601698 China Satellite Communications | CN¥19.76 | 6.4% +CN¥5.0b | 35.9% | PE183.7x | |
| 300058 BlueFocus Intelligent Communications Group | CN¥8.16 | 8.7% +CN¥1.6b | 37.6% | PS0.3x | |
| 002127 NanJi E-Commerce | CN¥4.23 | 18.8% +CN¥1.6b | 54.9% | PE120.8x | |
| 002131 Leo Group | CN¥3.26 | 7.6% +CN¥1.5b | 56.0% | PS1x |
