The Trend Of High Returns At Focus Media Information Technology (SZSE:002027) Has Us Very Interested
Aug 25
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Chinese (SSE) Media Industry Analysis
UpdatedSep 03, 2024
DataAggregated Company Financials
Companies74
- 7D0.006%
- 3M-11.6%
- 1Y-27.1%
- YTD-20.2%
In the last week, the Media industry is flat overall, with Zhejiang Publishing & Media standing out by going down 4.2%. As for the longer term, the industry has declined 27% in the last year. As for the next few years, earnings are expected to grow by 19% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 04 Sep 2024 | CN¥626.1b | CN¥366.7b | CN¥16.9b | 35.8x | 37x | 1.7x |
| Fri, 02 Aug 2024 | CN¥656.3b | CN¥365.3b | CN¥20.1b | 38.3x | 32.6x | 1.8x |
| Sun, 30 Jun 2024 | CN¥657.3b | CN¥365.1b | CN¥20.3b | 37.7x | 32.4x | 1.8x |
| Tue, 28 May 2024 | CN¥715.9b | CN¥365.1b | CN¥20.3b | 42x | 35.3x | 2x |
| Thu, 25 Apr 2024 | CN¥729.9b | CN¥371.2b | CN¥22.3b | 37.4x | 32.7x | 2x |
| Sat, 23 Mar 2024 | CN¥845.6b | CN¥352.9b | CN¥20.3b | 40x | 41.8x | 2.4x |
| Mon, 19 Feb 2024 | CN¥670.1b | CN¥352.6b | CN¥19.0b | 32.7x | 35.3x | 1.9x |
| Wed, 17 Jan 2024 | CN¥725.8b | CN¥354.1b | CN¥18.3b | 37.8x | 39.6x | 2x |
| Fri, 15 Dec 2023 | CN¥863.6b | CN¥354.1b | CN¥18.3b | 45.5x | 47.1x | 2.4x |
| Sun, 12 Nov 2023 | CN¥808.7b | CN¥354.3b | CN¥18.3b | 39.9x | 44.2x | 2.3x |
| Tue, 10 Oct 2023 | CN¥782.7b | CN¥344.4b | CN¥16.3b | 38.7x | 48.1x | 2.3x |
| Thu, 07 Sep 2023 | CN¥813.2b | CN¥337.7b | CN¥16.0b | 40.6x | 50.7x | 2.4x |
| Sat, 05 Aug 2023 | CN¥833.0b | CN¥335.8b | CN¥15.4b | 51x | 54x | 2.5x |
| Mon, 03 Jul 2023 | CN¥864.8b | CN¥338.4b | CN¥16.3b | 50.2x | 53x | 2.6x |
| Wed, 31 May 2023 | CN¥862.4b | CN¥335.7b | CN¥15.7b | 52.9x | 55x | 2.6x |
| Fri, 28 Apr 2023 | CN¥854.4b | CN¥343.3b | CN¥16.5b | 44.6x | 51.9x | 2.5x |
| Sun, 26 Mar 2023 | CN¥831.6b | CN¥340.3b | CN¥19.3b | 40x | 43.2x | 2.4x |
| Tue, 21 Feb 2023 | CN¥730.2b | CN¥340.4b | CN¥19.4b | 36.2x | 37.7x | 2.1x |
| Thu, 19 Jan 2023 | CN¥669.1b | CN¥338.1b | CN¥19.1b | 33.4x | 35x | 2x |
| Sat, 17 Dec 2022 | CN¥651.7b | CN¥337.8b | CN¥19.3b | 31.5x | 33.7x | 1.9x |
| Mon, 14 Nov 2022 | CN¥627.0b | CN¥337.8b | CN¥19.3b | 32.2x | 32.5x | 1.9x |
| Wed, 12 Oct 2022 | CN¥567.3b | CN¥340.8b | CN¥20.7b | 27.6x | 27.4x | 1.7x |
| Fri, 09 Sep 2022 | CN¥627.1b | CN¥343.1b | CN¥21.2b | 33x | 29.5x | 1.8x |
| Sun, 07 Aug 2022 | CN¥612.0b | CN¥347.5b | CN¥22.5b | 27.5x | 27.2x | 1.8x |
| Tue, 05 Jul 2022 | CN¥641.1b | CN¥347.1b | CN¥22.5b | 29.3x | 28.4x | 1.8x |
| Thu, 02 Jun 2022 | CN¥640.9b | CN¥347.2b | CN¥22.5b | 27x | 28.5x | 1.8x |
| Sat, 30 Apr 2022 | CN¥582.2b | CN¥345.4b | CN¥25.5b | 23.5x | 22.8x | 1.7x |
| Mon, 28 Mar 2022 | CN¥654.9b | CN¥352.7b | CN¥20.5b | 29.3x | 31.9x | 1.9x |
| Wed, 23 Feb 2022 | CN¥719.7b | CN¥352.5b | CN¥20.1b | 29.6x | 35.9x | 2x |
| Fri, 21 Jan 2022 | CN¥772.8b | CN¥353.4b | CN¥20.1b | 34.7x | 38.5x | 2.2x |
| Sun, 19 Dec 2021 | CN¥743.2b | CN¥353.4b | CN¥20.1b | 31x | 37x | 2.1x |
| Tue, 16 Nov 2021 | CN¥694.2b | CN¥353.4b | CN¥20.1b | 26.4x | 34.5x | 2x |
| Thu, 14 Oct 2021 | CN¥671.7b | CN¥346.2b | CN¥24.3b | 23.6x | 27.6x | 1.9x |
| Sat, 11 Sep 2021 | CN¥711.2b | CN¥346.2b | CN¥24.3b | 23.7x | 29.3x | 2.1x |
Price to Earnings Ratio
29.3x
Current Industry PE
- Investors are relatively neutral on the Chinese Media industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 37.5x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Media industry have declined 11% 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 | -0.56% | |
| Telecom | 0.092% | |
| Media | 0.0059% | |
| Broadcasting | 1.56% | |
| Advertising | 1.17% | |
| Cable and Satellite | -0.48% | |
| Publishing | -0.79% | |
Industry PE
- Investors are most optimistic about the Broadcasting industry which is trading above its 3-year average PE ratio of 69.2x.
- Analysts are expecting annual earnings growth of 4.4%, which is higher than its past year's earnings decline of 7.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Cable and Satellite industry, expecting annual earnings growth of 70% over the next 5 years.
- This is better than its past earnings decline of 29% per year.
- In contrast, the Publishing industry is expected to see its earnings grow by 4.0% 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¥5.67 | 2.7% +CN¥2.2b | -25.7% | PE16.1x | |
| 300058 BlueFocus Intelligent Communications Group | CN¥5.32 | 7.5% +CN¥920.4m | -37.8% | PE898.4x | |
| 603466 Shanghai Fengyuzhu Culture Technology | CN¥7.93 | 20.3% +CN¥797.0m | -36.8% | PE139.5x | |
| 601858 China Science Publishing & Media | CN¥16.80 | 5.7% +CN¥719.4m | -48.9% | PE26.5x | |
| 600637 Oriental Pearl GroupLtd | CN¥6.20 | 3.5% +CN¥706.0m | -19.7% | PE41x |
