Hong Kong (HSI) Movies and Entertainment Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Movies and Entertainment Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 18 Aug 2022	HK$82.3b	HK$36.3b	-HK$4,823,575,666.00	8.6x	-17.1x	2.3x
Sat, 16 Jul 2022	HK$64.5b	HK$34.0b	-HK$6,053,659,792.00	8.5x	-10.7x	1.9x
Mon, 13 Jun 2022	HK$66.1b	HK$34.1b	-HK$6,075,763,594.00	9.9x	-10.9x	1.9x
Wed, 11 May 2022	HK$59.3b	HK$33.7b	-HK$6,213,624,041.00	9.9x	-9.5x	1.8x
Fri, 08 Apr 2022	HK$66.7b	HK$34.9b	-HK$6,360,457,985.00	9x	-10.5x	1.9x
Sun, 06 Mar 2022	HK$55.4b	HK$26.1b	-HK$4,315,520,139.00	11.3x	-12.8x	2.1x
Tue, 01 Feb 2022	HK$60.8b	HK$25.8b	-HK$4,558,769,883.00	15.5x	-13.3x	2.4x
Thu, 30 Dec 2021	HK$55.1b	HK$25.8b	-HK$4,565,652,935.00	17.6x	-12.1x	2.1x
Sat, 27 Nov 2021	HK$63.9b	HK$25.7b	-HK$4,578,968,314.00	17.4x	-14x	2.5x
Mon, 25 Oct 2021	HK$64.1b	HK$25.0b	-HK$4,278,108,046.00	16.7x	-15x	2.6x
Wed, 22 Sep 2021	HK$60.1b	HK$24.0b	-HK$5,018,594,895.00	17.6x	-12x	2.5x
Fri, 20 Aug 2021	HK$66.6b	HK$23.1b	-HK$5,222,686,660.38	16.1x	-12.8x	2.9x
Fri, 04 Jun 2021	HK$84.8b	HK$23.8b	-HK$4,916,216,064.38	21x	-17.2x	3.6x
Mon, 08 Mar 2021	HK$92.3b	HK$24.0b	-HK$6,093,362,176.79	26.1x	-15.1x	3.8x
Thu, 10 Dec 2020	HK$66.6b	HK$22.2b	-HK$6,407,278,125.79	9.2x	-10.4x	3x
Wed, 02 Sep 2020	HK$71.4b	HK$23.1b	-HK$6,198,307,469.39	16x	-11.5x	3.1x
Sat, 06 Jun 2020	HK$56.6b	HK$23.9b	-HK$5,162,077,134.24	19.4x	-11x	2.4x
Tue, 10 Mar 2020	HK$62.3b	HK$24.1b	-HK$3,297,264,350.75	15.2x	-18.9x	2.6x
Mon, 02 Dec 2019	HK$70.3b	HK$26.4b	-HK$3,241,908,465.55	25.3x	-21.7x	2.7x
Thu, 05 Sep 2019	HK$70.9b	HK$30.2b	-HK$3,305,319,186.08	19.7x	-21.5x	2.4x

Current Industry PE

Investors are pessimistic on the Hong Kong Movies and Entertainment industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.3x.

Past Earnings Growth

The earnings for companies in the Movies and Entertainment industry have deteriorated over the last three years.
Meanwhile revenues for these companies have grown 6.5% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Comparison

How does Hong Kong Movies and Entertainment compare with similar industries?


HK Market	1.48%
Telecom	1.73%
Entertainment	-0.41%
Movies and Entertainment	-2.36%
Interactive Home Entertainment	1.34%

Industry PEThere is insufficient data on the sub-industries of this industry.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
9899 Cloud Music	HK$70.50	2.7% +HK$387.1m	n/a	PS1.8x
9857 Linmon Media	HK$27.75	3.5% +HK$342.4m	n/a	PE122.3x
391 Mei Ah Entertainment Group	HK$0.11	15.1% +HK$82.9m	15.1%	PS8.1x
3636 Poly Culture Group	HK$3.59	4.4% +HK$36.9m	-8.9%	PS0.2x
326 China Star Entertainment	HK$0.82	1.2% +HK$24.9m	-25.5%	PS550.3x

IMAX China Holding, Inc. Announces Board Changes

The board of directors of IMAX China Holding, Inc. announced that Mr. Edwin Tan has stepped down from his position as an executive Director with effect from 5 August 2022 to pursue personal developments. Upon his stepping down, Mr. Tan ceased to act as the Chief Executive Officer of the Company. The Board further announces that, following the stepping down of Mr. Tan, Mr. Jiande Chen, being a non-executive Director and the Vice Chairman of the Company, has been (i) re-designated from non-executive Director to executive Director; and (ii) appointed as the Interim Chief Executive Officer of the Company, with effect from 5 August 2022. Mr. Chen, aged 67, will be responsible for the day-to-day management of the business and operations of the Company. Mr. Chen was an executive Director of the Company from 27 May 2015 to 28 January 2021, and has been a non-executive Director since 29 January 2021. Mr. Chen was the Chief Executive Officer of the Company between 1 August 2011 and 9 December 2019, responsible for the overall strategic direction and business operations of the Company. Mr. Chen has been the Vice Chairman of the Company since 9 December 2019. Mr. Chen is a member of the board of directors of TCL-IMAX Entertainment Co., Limited, a joint venture of TCL Corporation and IMAX Corporation, and a honourable Chairman of the board of Shanghai Ling Light Film Co. Ltd. which is a PRC local film production company since October 2021. Mr. Chen has also been an independent director of Beijing Cultural Investment Holdings Co. Ltd. (Shanghai Stock Exchange: 600715) since June 2017 and the Chief Executive Officer and a director of Redwoods Acquisition Corp. (Nasdaq: RWOD) since January 2022. Mr. Chen was previously the Senior Vice President, Chief Representative and General Manager of Sony Pictures Entertainment, China from 2000 to 2011. Prior to that, Mr. Chen was a Vice President of Allied Signal (China) Holding Corp., an aerospace, automotive and engineering company from 1998 to 1999, a Vice President of Boeing China Inc. from 1995 to 1998 and a Vice President of DDB Advertising/PR Corp. in Seattle from 1990 to 1995.

Hong Kong (HSI) Movies and Entertainment Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

1003

Huanxi Media Group Limited to Report First Half, 2022 Results on Aug 30, 2022

3636

Poly Culture Group Corporation Limited to Report Q2, 2022 Results on Aug 29, 2022

1132

Orange Sky Golden Harvest Entertainment (Holdings) Limited to Report First Half, 2022 Results on Aug 29, 2022

2125

Strawbear Entertainment Group to Report First Half, 2022 Results on Aug 25, 2022

136

China Ruyi Holdings Limited to Report First Half, 2022 Results on Aug 31, 2022

8172

Second quarter 2022 earnings released: HK$0.003 loss per share (vs HK$0.002 loss in 2Q 2021)

8446

In Technical Productions Holdings Limited to Report Fiscal Year 2022 Final Results on Aug 23, 2022

9857

Linmon Media Limited has completed an IPO in the amount of HKD 420.115575 million.

391

Founder & Chairman recently bought HK$87k worth of stock

1970

IMAX China Holding, Inc. Announces Board Changes

9899

Cloud Music Inc. to Report First Half, 2022 Results on Aug 18, 2022

1060

Alibaba Pictures Group Limited, Annual General Meeting, Aug 26, 2022

1046

Universe Entertainment and Culture Group Company Limited Provides Earnings Guidance for the Year Ended 30 June 2022

2309

Birmingham Sports Holdings Limited Announces Resignation of Hsiao Charng Geng as Executive Director

326

China Star Entertainment Limited, Annual General Meeting, Jun 29, 2022

547

Insider recently sold HK$50m worth of stock