Earnings Troubles May Signal Larger Issues for Jiangsu Broadcasting Cable Information Network (SHSE:600959) Shareholders
Nov 12
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Chinese (SSE) Broadcasting Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies3
- 7D-1.0%
- 3M25.5%
- 1Y-1.5%
- YTDn/a
Over the last 7 days, the Broadcasting industry has remained flat, although notably Hubei Radio & Television Information Network declined by 3.7%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 6.1% annually.
Industry Valuation and Performance
Has the Chinese Broadcasting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | CN¥31.6b | CN¥11.3b | CN¥295.2m | 36.4x | 107.2x | 2.8x |
| Tue, 22 Oct 2024 | CN¥29.4b | CN¥11.4b | CN¥331.1m | 32.3x | 88.8x | 2.6x |
| Thu, 19 Sep 2024 | CN¥24.9b | CN¥11.4b | CN¥331.1m | 27.3x | 75.2x | 2.2x |
| Sat, 17 Aug 2024 | CN¥25.9b | CN¥11.2b | CN¥364.3m | 28.2x | 71.1x | 2.3x |
| Mon, 15 Jul 2024 | CN¥25.0b | CN¥11.3b | CN¥349.4m | 26.7x | 71.7x | 2.2x |
| Wed, 12 Jun 2024 | CN¥25.9b | CN¥11.3b | CN¥349.4m | 27.7x | 74.2x | 2.3x |
| Fri, 10 May 2024 | CN¥28.8b | CN¥11.3b | CN¥349.4m | 30.9x | 82.5x | 2.6x |
| Sun, 07 Apr 2024 | CN¥29.3b | CN¥11.2b | CN¥464.5m | 29.5x | 63.1x | 2.6x |
| Tue, 05 Mar 2024 | CN¥30.0b | CN¥11.2b | CN¥464.5m | 30x | 64.6x | 2.7x |
| Thu, 01 Feb 2024 | CN¥26.7b | CN¥11.1b | CN¥434.8m | 27.4x | 61.4x | 2.4x |
| Sat, 30 Dec 2023 | CN¥30.0b | CN¥11.1b | CN¥434.8m | 29.9x | 69x | 2.7x |
| Mon, 27 Nov 2023 | CN¥32.1b | CN¥11.1b | CN¥434.8m | 31.5x | 73.8x | 2.9x |
| Wed, 25 Oct 2023 | CN¥28.2b | CN¥11.1b | CN¥441.1m | 27.5x | 63.9x | 2.5x |
| Fri, 22 Sep 2023 | CN¥29.9b | CN¥11.1b | CN¥441.1m | 28.7x | 67.7x | 2.7x |
| Sun, 20 Aug 2023 | CN¥31.9b | CN¥11.1b | CN¥429.7m | 31.9x | 74.1x | 2.9x |
| Tue, 18 Jul 2023 | CN¥33.3b | CN¥11.1b | CN¥429.7m | 33.1x | 77.6x | 3x |
| Thu, 15 Jun 2023 | CN¥36.8b | CN¥11.1b | CN¥429.7m | 36.5x | 85.6x | 3.3x |
| Sat, 13 May 2023 | CN¥37.1b | CN¥11.1b | CN¥429.7m | 37.5x | 86.4x | 3.3x |
| Mon, 10 Apr 2023 | CN¥35.1b | CN¥11.0b | CN¥398.3m | 33.5x | 88x | 3.2x |
| Wed, 08 Mar 2023 | CN¥33.7b | CN¥11.0b | CN¥352.8m | 31.8x | 95.4x | 3.1x |
| Fri, 03 Feb 2023 | CN¥31.8b | CN¥11.0b | CN¥352.8m | 30.1x | 90x | 2.9x |
| Sun, 01 Jan 2023 | CN¥30.9b | CN¥11.0b | CN¥352.8m | 29.3x | 87.6x | 2.8x |
| Tue, 29 Nov 2022 | CN¥30.6b | CN¥11.0b | CN¥352.8m | 29.4x | 86.9x | 2.8x |
| Thu, 27 Oct 2022 | CN¥27.9b | CN¥11.1b | CN¥412.4m | 26.3x | 67.6x | 2.5x |
| Sat, 24 Sep 2022 | CN¥28.5b | CN¥11.1b | CN¥402.6m | 27.5x | 70.8x | 2.6x |
| Mon, 22 Aug 2022 | CN¥31.6b | CN¥11.1b | CN¥533.0m | 28.9x | 59.2x | 2.8x |
| Wed, 20 Jul 2022 | CN¥31.4b | CN¥11.1b | CN¥533.0m | 28.7x | 58.9x | 2.8x |
| Fri, 17 Jun 2022 | CN¥35.7b | CN¥11.1b | CN¥533.0m | 31.7x | 67x | 3.2x |
| Sun, 15 May 2022 | CN¥34.3b | CN¥11.1b | CN¥533.0m | 30.9x | 64.4x | 3.1x |
| Tue, 12 Apr 2022 | CN¥33.3b | CN¥11.1b | -CN¥56,452,084.00 | 94x | -590.1x | 3x |
| Thu, 10 Mar 2022 | CN¥32.0b | CN¥11.1b | -CN¥56,452,084.00 | 96.9x | -567.3x | 2.9x |
| Sat, 05 Feb 2022 | CN¥34.0b | CN¥11.1b | -CN¥56,452,084.00 | 94.9x | -602.8x | 3.1x |
| Mon, 03 Jan 2022 | CN¥36.4b | CN¥11.1b | -CN¥56,452,084.00 | 100x | -644x | 3.3x |
| Wed, 01 Dec 2021 | CN¥31.5b | CN¥11.1b | -CN¥56,452,084.00 | 90.1x | -558.3x | 2.8x |
Price to Earnings Ratio
-558.3x
Current Industry PE
- There are only 3 companies in the Chinese Broadcasting industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Broadcasting industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Comparison
How does Chinese Broadcasting compare with similar industries?
| CN Market | -2.14% | |
| Telecom | -3.40% | |
| Media | -2.91% | |
| Broadcasting | -0.99% | |
| Advertising | -0.23% | |
| Publishing | -2.85% | |
| Cable and Satellite | -6.87% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300770 Guangdong South New MediaLtd | CN¥42.08 | 0.2% +CN¥16.0m | 4.1% | PE15.2x |